Double or Nothing!

What happens in Iowa stays in Iowa?... Nah! But you can put your money on the big horse races this year. Well, not exactly but there ARE real-money futures markets on the House and Senate races at the Iowa Electronic Markets! Yep. No need to re-read that last sentence. You read it right!

About the Iowa Electronic Markets (IEM):

The Iowa Electronic Markets are operated by faculty at the University of Iowa Henry B. Tippie College of Business as part of our research and teaching mission. These markets are small-scale, real-money futures markets where contract payoffs depend on economic and political events such as elections.

According to Ron Kessler in today's Washington Wire, you can "bank" on the results of the IEM as they are more accurate than the polls:

Many experts believe prediction markets are more accurate than opinion polls because voters don't have the incentive to tell pollsters the truth. When their money is on the line, they do.

Comments

As the Blog Turns...

Gee. I have found myself fascinated by the soap opera unfolding in the comments section of this blog since last night. One little mention on a controversial Democrat's blog and it's High Noon on ConservaChick! (Yes, I'm laughing while I type this.) For those of you who have no idea what's happening in the ever-expanding comments section , join the club! Here's what I know about Mark Nickolas from bits and pieces I've read on his blog, and from a local news report: Nickolas likes to sneer at Republicans and call them snide little nicknames as he provides his "Unfiltered and Candid Look at Politics, Politicians and the Media in Kentucky;" he raised a ruckus within the Democrat party here in Kentucky by filing a suit against the chairman of the party , Jerry Lundergan; and he will be appearing on the same panel with yours truly on Thursday night. That's about it. You now have the benefit of my not-so-extensive knowledge on this subject. Nickolas poste...

Friday Night with Hugh and Friends

The consummate Conservative host, Hugh Hewitt, and yours truly! Shameless of me to post this, I know; however, I'm too jazzed to care. :-p What a wonderful way to spend a Friday night! After an hour or so wandering through some of the exhibits at the Frazier Historical Arms Museum, I then got to spend three hours with Hugh Hewitt and 599 other fans of his show. I absolutely MUST say that not only was Hugh wonderful and the live show very entertaining, but his fans are absolutely the nicest people! I've seen other radio talk show s done live and mingled with fans of those shows. Hugh Hewitt's fans are the nicest, most down to earth, friendly people I've ever met. It's quite a credit to Hugh that he draws such a fan base. If you haven't been to the Frazier Historical Arms Museum here in Louisville, it's a must-see. The museum shows an amazing artistry with the exhibits and places them in the context of the times in a very entertaining and educationa...

Is conscription the prescription?

US Representative, Charlie Rangel (D-NY) is at it again. Rangel's prescription for fixing the ills we're feeling in Iraq is a draft . I have very mixed feelings about this. Conscription is conscription no matter what you choose to label it. Is that appropriate in a free country? On the flip side of this coin, I've often thought that compulsory national service would be a great idea for American kids right out of high school. It might have been a better start for me than learning to down beer at a Liberal Arts university! Two years in the service might give kids time to think about their future, learn higher levels of responsibility, and begin to take life more seriously. There are many countries who require some level of mandatory military service: Belarus, Chile, China, Croatia, Serbia, Russia, Iran, Lebanon, our neighbor Mexico, and our old buddy Germany, to name a few. Gee, now that I look at that partial list... aren't many of those countries Socialist or at battl...

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