Anyone Out There Bet On InTrade?


I saw at TPM that President Obama’s stock is way up on the gambling site InTrade. TPM pointed to the video of Mitt Romney talking about the 47% as being the turning point. It’s weird, because that was right around the same time that the Benghazi attacks happened and the Obama administration looks worse by the day. But for some strange (cough! media!) reason his stock keeps going up. Romney’s stock is way down, so for those of us who don’t believe the MSM polls, this could be an opportunity to make a few bucks.

Here’s one reason. Even though Fox News polls have consistently shown President Obama with a lead, there are some things that should give people concern about his candidacy this time around, and the questions asked in the latest poll relate directly to the comments that supposedly have Romney sinking in the polls.

A large majority of likely voters believes all Americans should pay some federal income tax — even if it is as little as one percent of what they make.

Seventy-nine percent say everyone should pay something, according to a Fox News poll released Thursday.  That includes 85 percent of Republicans, 83 percent of independents and 71 percent of Democrats.

According to the IRS, last year approximately 41 percent of tax filers did not pay federal income tax.  The Tax Policy Center estimates that will increase to 46 percent this year.

Most voters (73 percent) are at least somewhat familiar with the widely-broadcast videotape of Republican presidential nominee Mitt Romney talking about “47 percent of Americans” and the number of people paying no federal income tax.  Romney also talks about his concern that the country is becoming an entitlement society and that many are too dependent on government.  Journalists and pundits speculated the tape would damage Romney’s campaign.  Yet a 63-percent majority thinks the substance of Romney’s comment about dependence on government is mostly (36 percent) or somewhat true (27 percent).

Three out of four voters believes the “average American” is at least somewhat dependent on government (76 percent), while less than a third says they personally are (31 percent).

Read the whole thing. It’s really inexplicable when it comes to the other polls that are out there. But then again, who trusts those other polls?

Oh, and I’m not the only one thinking this way.