NickTarantoIndo

Thursday, April 24, 2008

The Delegate Counter

This is a very interesting metric provided by Slate.com

Basically, it says that Hillary now has a statistically insignificant chance of winning either the popular or pledged super delegate votes.

"Let's say she whittles Obama's lead in North Carolina down to 10 points and grabs a 10-point victory in every other state. This would leave her behind by 132 pledged delegates, give or take a few, depending on how the cards fall in Pennsylvania. Factoring in today's Obama endorsement by the governor of Oklahoma, Obama would need 340 of 794 total superdelegates to reach the majority needed for the nomination in our thought experiment. According to Democratic Convention Watch, 232 have already promised their support to Obama, so he would need 109 more supporters from the pool of 307 superdelegates who remain uncommitted—35.5 percent. Put another way, Clinton would still need to convince 63.5 percent of uncommitted superdelegates to go her way, even in this generous scenario."

In other words, Hillary is dragging out the inevitable, tearing down the Democratic Party's prospects while she rides on her own ego quest. It's just disgusting.

Sunday, April 06, 2008

The Financial Crisis in Four Points

Shorter version of The Economist's recent view of the credit crisis:

1. Thieves who get rich deserve the spoils of their thievery.

2. Rich thieves who stumble and drop the money they've stolen should not be punished, because the way they stole the money was innovative.

3. The state should not interfere in the market - unless it's to rescue rich, stumbled thieves.

4. Everyone else can go get stuffed.

And here I thought the American revolutionaries had conquered feudalism when we tossed you greedy Brits out on your petards - how little has changed.

Source