This diary is pure speculation based on data that I just caught on Intrade. This is not me advocating Senator Bayh for VP, although I think he would be a pretty decent choice. He may even help swing Indiana by 2 or 3 points, which could produce an Obama victory. But again, this is more an idea that I wanted to shoot out there and see how everyone responds.
According to Intrade, Evan Bayh's value shot up by 15 points in the past week. Trading at 25, he is now far and away the most popular choice among every prospective candidate that Intrade lists. Next is Kaine at 15, Biden at 14, then Sebelius at 13. No one else out of the 50 or so choices even breaks 10.
Granted, this by itself does not mean anything, but it did get me thinking. How many people on Obama's team have an idea of which way he is leaning? 5? 10? 20? If anyone knew whom Obama will pick well in advance of his decision, do you think any of them would try to use that to their financial advantage by trading in Dem VP futures according to this insider knowledge? This could be done fairly easily through a surrogate so the money wouldn't be readily traced back to the actual source.
So, has there been anything in the news lately that would have caused Bayh's stock to rise so sharply in such a short span of time? I wouldn't know because I've been registering voters this weekend and have been on a news blackout. If there hasn't been any news that would have caused this, then what's going on here? Why is everyone suddenly literally putting their money on Bayh?
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