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82_28 » Wed Dec 30, 2015 3:06 am wrote:Wow, Nordic. How she is running as what she is running as is a travesty. I knew she was lame, but that small snippet tells it all. Absolute evil knowingly parroting the propaganda. Who was to know back then other than taking a 100% firm anti-war stance back then? It is clear she will lie and lay down for whatever she is told.
Try getting fellow liberals to agree with you though. The Iraq war is "over" now and get over it! That was a long time ago! We need to focus on ISIS!
One thing, however, I never got was why not plant the "WMDs" and declare the fact that they were right all along? It would have been fucking easy, no? But instead they rolled with the "we were mistaken" line. There has to be a reason for that -- the reason they didn't just plant them. Some sort of double bind or whatever you wanna call the bait and switch.
The favorite tends to win in betting markets more often than indicated by the odds. So if the markets say she's a 47% chance to be president, history suggests that the true odds are a bit better than that.
But it's worth breaking this race down into the two steps of the process: There's the question of whether Clinton will win the nomination, and then upon having won the nomination, whether the Democrats will win the general election.
It's the race for the nomination where Clinton is the overwhelming favorite — online bookies rate her about a 75% chance … to be the Democratic nominee — and this favorite-longshot bias is most acute when you're a strong favorite. As such, history suggests that Clinton is substantially more likely to win the nomination than markets currently suggest. The bias may be as large as ten percentage points, suggesting that she's an 85 percent chance to win the nomination.
As to whether the Democratic or Republican nominee will win the race, bookies currently give the Democrats a slight edge — suggesting that they're around a 55 percent chance to win, versus 45 percent for the Republicans. That's a close enough race that while the Democrats are the favorite, the odds aren't much biased. My back-of-the-envelope correction suggests that maybe the true odds are 58 percent instead.
Put these numbers together, and there's about a 49 percent chance that Mrs. Clinton is our next President. ...
There's another way to get at this though, which is simply to ask whether the odds make sense. I think the idea that Clinton is only a 75 percent chance to win the nomination is nuts — she's essentially the only serious candidate running, and it's now clear that her campaign is not going to implode. With any candidate there are risks that secrets may come out, but with Mrs. Clinton, we've had several decades for them to surface. So my (personal!) judgment is that she is at least an 85 percent chance to win the nomination, and maybe 90 percent is a more realistic assessment.
Whether the Democrats will win the general election remains a much harder question. I don't think there's a strong reason to favor one party over the other, and the current odds which give the Democrats a slight lead seem reasonable, given the state of the economy.
So both my math, and my assessment of the race lead to the same conclusion: Mrs. Clinton is a near-certainty to win the Democratic nomination. And the Democrats are a bit better than a fifty percent chance to win the White House. Put these together, and it looks like Mrs. Clinton must be close to a fifty percent chance to be our next President.
Nordic » Fri Jan 15, 2016 2:39 am wrote:Why are we even talking about this? I guess it's the stuff of soap operas. "Soap operas for people who otherwise wouldnt be caught dead watching soap operas".
Wombaticus Rex » Fri Jan 15, 2016 12:29 pm wrote:Nordic » Fri Jan 15, 2016 2:39 am wrote:Why are we even talking about this? I guess it's the stuff of soap operas. "Soap operas for people who otherwise wouldnt be caught dead watching soap operas".
Because we might fuck around and wind up with an actual human being in office this time, be it Bernie or Donald.
Also because I might be better at math than you.
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