Intrade Picking McCain

September 12, 2008

For the first time, the pay-to-play markets are suggesting John McCain will come away the winner in November.  The bid/ask spread is now 52.9/53.0 McCain, versus 46.1/47.9 for Obama.  For comparison’s sake, in mid-July Barry led 64.8 to only 31.1 McCain. 

This on the heels of news from Gallup that Congressional races are now tightening, with only a slim favoring of the Democrats.  I’ve said it before, but Dems are the MASTERS of snatching defeat from the jaws of victory.  Not that I’m complaining.

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