Wednesday, October 06

World

Smart Money

Lately I've been growing more comfortable that George Bush will be re-elected and John Kerry banished howling into the outer darkness, and that all will be right and proper in America again. Not that I'm a huge fan of most of Bush's policies, but I strongly agree with his foreign policy, and have nothing but contempt for Kerry. If the Democrats had nominated Lieberman, it would be a very different story, but that didn't happen in this universe.

Here in Australia I haven't been nearly as comfortable, with Mark Latham, a character nearly as contemptible as Kerry, stubbornly refusing to self-destruct. Until this week, when he signed on to the Green's tree-hugging policies to secure their preferences (Australia uses a preferential voting system, where votes for a losing candidate are directed to one of the other candidates, until only two are left).

Unfortunately for Latham, the traditional constituency of his Labor Party is, well, workers. Including forestry workers. And the trade unions are very influential in the Labor Party as well. And Latham just pissed them off royally. Smart money says his greenie-grabbing tactics have scuttled his ship.

Which smart money? This smart money. Click on "Elections" in the left-hand menu.

A dollar bet on the Coalition (John Howard, the good guys) would return just $1.16 for a win (at 10 AM Wednesday October 6, just three days before the election). A dollar on Labor would return $4.50.

By comparison, a dollar on George Bush returns $1.50, against $2.40 for Kerry.

Tim Blair has more.

Posted by: Pixy Misa at 08:09 PM | Comments (2) | Add Comment | Trackbacks (Suck)
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1 I hope you and they are right. I would hate to have a world led by the likes of Latham and Kerry! There's already of version of them in Zapatero's Spain and we see the political destruction he's creating in that political landscape. I shudder to think what life would be like being led by these men.

Posted by: Michele at Wednesday, October 06 2004 09:18 PM (LpVNp)

2 You know, I said the same thing about Leiberman. I also originally thought that Edwards would not have been a bad choice. I am no longer convinced Edwards is worth a vote now though. I just cannot understand how anyone can vote for Kerry. I knew during the primaries that Kerry was really unelectable, and here we are, just a few weeks out, and there he is, neck and neck, BLEH. I agree with most of Bush's policies, especially of the tax cuts. I did not agree with how he implemented the medicare changes. I would have prefered to have seen some strong cost controls put into place.

Posted by: Allen Stoner at Monday, October 11 2004 12:57 PM (TFkfJ)

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