Mon Apr 23, 2012, 10:55 PM
Laura PourMeADrink (15,250 posts)
This really, really, really sucks from Intrade
Intrade
http://www.intrade.com/v4/markets/?eventId=91247 Chance that Republicans will take control of the Senate. 64.6%
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9 replies, 1510 views
| Author | Time | Post | |
| Laura PourMeADrink | Apr 2012 | OP | |
| Common Sense Party | Apr 2012 | #1 | |
| Dawson Leery | Apr 2012 | #2 | |
| saras | Apr 2012 | #3 | |
| provis99 | Apr 2012 | #5 | |
| emilyg | Apr 2012 | #6 | |
| Ruby the Liberal | Apr 2012 | #9 | |
| LiberalFighter | Apr 2012 | #4 | |
| CobaltBlue | Apr 2012 | #7 | |
| Hippo_Tron | Apr 2012 | #8 |
Response to Laura PourMeADrink (Original post)
Mon Apr 23, 2012, 11:00 PM
Common Sense Party (13,034 posts)
1. But how often is Intrade completely wrong about these things?
Response to Common Sense Party (Reply #1)
Mon Apr 23, 2012, 11:02 PM
Dawson Leery (8,386 posts)
2. It's still early.
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Last edited Mon Apr 23, 2012, 11:02 PM USA/ET - Edit history (1) Cook and Sabato see the Democrats narrowly holding the Senate at this time.
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Response to Laura PourMeADrink (Original post)
Mon Apr 23, 2012, 11:03 PM
saras (6,670 posts)
3. Would Intrade profit from a Republican Senate?
Response to saras (Reply #3)
Mon Apr 23, 2012, 11:15 PM
provis99 (13,062 posts)
5. that's not how Intrade works.
Response to saras (Reply #3)
Tue Apr 24, 2012, 12:35 AM
Ruby the Liberal (23,509 posts)
9. Intrade doesn't care
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People bet against each other and intrade basically takes a piece from both sides as the matchmaker.
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Response to Laura PourMeADrink (Original post)
Mon Apr 23, 2012, 11:07 PM
LiberalFighter (31,082 posts)
4. There are 197 days until the election
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That is 6 months and 14 days.
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Response to Laura PourMeADrink (Original post)
Tue Apr 24, 2012, 12:02 AM
CobaltBlue (134 posts)
7. Republicans: presidency before the Senate
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Last edited Tue Apr 24, 2012, 12:31 AM USA/ET - Edit history (7) Chance that Republicans will take control of the Senate. 64.6% … only if the Republicans prevail, in 2012, with winning back the presidency through unofficial nominee Mitt Romney! Go back to the 1910s, with the 17th Amendment to the Constitution of the United States, allowing for states' citizens to directly elect their U.S. Senators. There is no presidential election year on record with a party having won the presidency while that prevailing party lost control of the Senate and/or House to the losing party. 1916: Woodrow Wilson (D) — same-party control of Senate, House; lost both in 1918 1920: Warren Harding (R) — same-party control of Senate, House 1924: Calvin Coolidge (R) — same-party control of Senate, House 1928: Herbert Hoover (R) — same-party control of Senate, House; lost House in 1930 1932: Franklin Roosevelt (D) — unseated Hoover; Democrats won House in 1930; FDR's win flipped Senate to his party 1936: Franklin Roosevelt (D) — re-elected; same-party control of Senate, House 1940: Franklin Roosevelt (D) — same-party control of Senate, House 1944: Franklin Roosevelt (D) — same-party control of Senate, House (FDR was the only two-term president, during the last 100 years, who never lost same-party control of either house of Congress!) 1948: Harry Truman (D) — after losing both Senate and House in 1946, he flipped both back to the Democrats as he won a full term 1952: Dwight Eisenhower (R) — party switch of presidency brought along with it likewise pickups of Senate, House 1956: Dwight Eisenhower (R) — he already lost same-party control of Senate and House in 1954; no switching in 1956 (a la Bill Clinton, 40 years later) 1960: John Kennedy (D) — same-party control of Senate, House 1964: Lyndon Johnson (D) — same-party control of Senate, House 1968: Richard Nixon (R) — never had same-party control (the only two-term president the last 100 years in this position) 1972: Richard Nixon (R) — re-elected 1976: Jimmy Carter (D) — same-party control of Senate, House 1980: Ronald Reagan (R) — like FDR, he flipped Senate as he himself was a party switch winning over the presidency (while unseating Jimmy Carter); Democrats retained control of House 1984: Ronald Reagan (R) — no change in party control of Senate, House; he lost Senate in 1986 1988: George Bush (R) — Democrats had control of Senate, House 1992: Bill Clinton (D) — same-party control of Senate, House 1996: Bill Clinton (D) — a la Dwight Eisenhower, he already lost same-party control of Senate and House in 1994 2000: George W. Bush (R) — same-party control of Senate, House 2004: George W. Bush (R) — lost Senate in 2001; won it back with congressional elections of 2002; retained same-party control of Senate, House in 2004; and, with the congressional elections of 2006, he became first two-term president to lose same-party control of Senate and House in his second term since Woodrow Wilson (1918) 2008: Barack Obama (D) — same-party control of Senate, House; lost House in 2010 There is a pattern here. When the party of the president loses control of the Senate and/or House, it happens in congressional midterms (1918, 1930, 1946, 1954, 1986, 1994, 2006, 2010). Or it happens if there is a party switch with the presidency, be it one that is open (1952) or with an incumbent who becomes unseated (1932, 1980). Close break in pattern came in 2000. The Republicans had 54 in their Senate during the second term of Democrat Bill Clinton. The controversial 2000 presidential election notwithstanding, when the switch was made to the Republicans and George W. Bush, the lost four of those seats for a 50/50 tie. (That allowed Vice President Dick Cheney to serve as a tie-breaking vote.) I've come across too many assumptions over the last year or so that make it sound like it is assured the Republican Party will win back the Senate. Well, they now believe they won't unseat Barack Obama. But there are still rumblings the Senate is theirs to lose. Problem is that the experts and the pundits are in the habit of ignoring voting patterns. And the pattern established is this: if you're an incumbent president, with same-party control of one or both houses of Congress coming into an election, and you end up getting re-elected: why would the voters opt for the opposition party, whose candidate failed to unseat you, to win over majority control of the Senate and/or House? If the Republicans were, in 2012, to win back the Senate while Obama gets re-elected … that would become a break in pattern. (Fulfilling what nearly happened with Bush in 2000.) If Republicans win back the Senate … well, it would be happening while the party of the presidency has flipped to their side. My prediction is this: Obama wins re-election. House seats, in numbers, will be somewhat connected with congressional districts. But the Senate will stay under control of Obama's party. |
Response to CobaltBlue (Reply #7)
Tue Apr 24, 2012, 12:33 AM
Hippo_Tron (24,634 posts)
8. Your 100 years of history reflects national political mood swings, though
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And there's a good argument to be made that rather than having such swings, we're now in an era where 45% of the country votes one way, 45% votes the other way, and 10% is actually persuadable. If your permanent national baseline is 45% (and that means your candidate fails to persuade 1% of the swing voters), it's far more likely that you will take back the Senate while losing the presidency in a year where the other factors for the Senate happen to be overwhelmingly in your favor.
If Obama wins by the kind of margin that he won by last time, I doubt the Republicans will take over the Senate. But if he barely eeks it out over Romney 51-49 and one swing state makes the difference like in 2000 and 2004, the Republicans could easily take the Senate. Imagine if in 2004 Republicans had five open seats to defend in the northeast rather than the Democrats having five open seats to defend in the south. Bush may still have been re-elected, but there would've almost certainly been a Democratic senate. |

