SocraticGadfly: An early Intrade for 2010

October 10, 2008

An early Intrade for 2010

Thomas Edsall is right; Obama needs not only to be prepared for a presidential transition, but a transition to the realities, not the Kumbaya, of the post-election economy.

However, he falls short in pegging just Obama. This will be a serious issue for Congressional Democrats as, and their two campaign committees, as well.

Talk of 60 Senate votes for a non-binding cloture-proof majority aside, Dems need to get all the Senate seats they can this time around, period.

If the economy, as many predict, winds up going WORSE into the tank next year (7.5 percent unemployment is already being predicted), the midterm elections will KILL Congressional Dems of both houses. I expect Senate Dems to lose 2/3 as many seats in 2010 as they gain this time around, and to lose the House outright.

That's my Intrade for the 2010 elections.

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