Get Your Blog Up

“This administration is populated by people who’ve spent their careers bashing government. They’re not just small-government conservatives—they’re Grover Norquist, strangle-it-in-the-bathtub conservatives. It’s a cognitive disconnect for them to be able to do something well in an arena that they have so derided and reviled all these years.”

Senator Hillary Clinton

Friday, June 17, 2005

Place Yr Bets

On Social Security reform:
...you don't have to rely on pundits or politicians to tell you Social Security reform is dead in the water. At Intrade, an online betting market based in Dublin, bettors are giving just a slender 6.5 percent chance that any sort of Social Security privatization bill will be passed this year. Further out, the odds improve a tad, with bettors willing to say there's a 21 percent chance that a bill will be passed by the end of 2006.

That's still a long shot, though. To put the numbers in some context, the betting market thinks the chances of a privatization bill being passed are about the same as Osama bin Laden's being captured or killed this year.

So there you go, hardcore Bush marchers. Place your bets and you could win a ton of money to invest in your privte accounts.