Michael S. Rozeff
August 16, 2012
Intrade has Obama at 56.7%, down from about 59%. Romney’s more pointed attacks and choice of Ryan have coincided with this decline. Nevertheless, I feel (based on no research except general reading and knowledge) Obama will win. Meanwhile, an excellent case of insider trading can be brought against Paul Ryan. He had what is called “material nonpublic information” and acted upon it. Will the SEC do that? Ha-ha-ha.
Ron Paul was the strongest candidate for the nomination, but the Republicans chose to die instead, wedded to their habits of thought and their ingrained channels of power, influence and money. Paul could have hit Obama very hard by melding the negatives of deficits (and looming breaking of social promises) with useless foreign wars and spending into a positive program of reducing government spending while cutting taxes and taking steps to restructure the social programs and eliminate whole departments. He could have attacked Obama on the TSA and on the FED.