Are political gamblers conservative by nature? Do New Beetle owners care about the environment?
Salon’s readers share their opinions on recent Salon Technology & Business stories. Sep. 01, 2004 | [Read “Kerry’s Iowa Problem,” by Farhad Manjoo.] I’ve been fascinated by Farhad Manjoo’s columns about the Iowa Electronic Markets. I think another reason Bush’s share prices are higher than Kerry’s is that there are single events that could make Bush absolutely win reelection, such as the capture of bin Laden or even a few strong reports on job growth before November. There’s really nothing similar that could bag this election for Kerry. Also, the debates. Informed investors know how important these babies are. And they certainly remember that intelligence played no factor in who won in 2000. Bush kicked Gore’s ass. — Joe Caucci Farhad Manjoo surprisingly misses a major point on his coverage of the IEM as a predictive political tool. I would expect conservatives to be more likely to invest in the IEM, as they do with traditional “gambles” such as the stock market. Supply and demand —
