2016 Nov 7th
Back to politics…and not a moment too soon! The signs and
portents are that a blowout is coming.
First off, the stock market is up over 300 points at 2 PM as
I write this. It had been moribund and
slowly sinking when it looked like Trump was closing the gap. The market does
not like uncertainty and it despises Donald Trump.
Comey, the beleaguered FBI chief, has declared that the newly
discovered cache of 650,000 emails has been reviewed and there is no there
there. Trump accuses Comey of skullduggery because all of those 650,000 emails
could not possibly have been reviewed this quickly. They can be, given certain
algorithms to assist the process. Of course why this review wasn’t done before
Comey made his initial announcement is known only to Comey…and possibly not
even to him. It will take the vaunted FBI some time and much propaganda to
recover from this goof.
Trump has recently agreed to allow one of his surrogates to
monitor what he sends out on his Twitter account. Say what? The President was
quick to point out that if his staff can’t trust him with Twitter why should we
trust him with the nuclear codes. What a monumental screw-up for the Trump
people. This was reported by the New York Times on Sunday so of course the Trump
people are screaming “lies, all lies.” What else can they do? Trump’s tweets
have suddenly become much tamer than they had been.
His staff must have assumed that this would become public
and if it did it would be lovely ammunition for the Clinton camp…but they went
with it anyway. What could Trump have twittered in the 48 hours before the
election that could possibly have damaged him as much as having his staff treat
him like a ten year old who writes naughty words on fences?
There is also a change in the betting odds offered by Paddy
Power, the Brits betting parlour that offers odds on most anything including
our presidential election. On November 1st Paddy Power’ odds on Clinton winning the
election were 4/11, meaning that you risked 11 dollars to bet on a Clinton win
and if you were right you’d be five dollars richer. That was then, now the odds
have changed. Previously the odds were 36.3 percent chance of a Trump win, now
a five dollar bet on Hillary Clinton will net you just one dollar if you’re
right; in short the odds of a Trump win have declined from 36 per cent to just
20 percent.
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