iowa election futures market
3 responses | 0 likes
Started by bear - Oct. 12, 2022, 5 p.m.

https://iemweb.biz.uiowa.edu/


the market here is still telling us that the dems will probably loose the house.  

the odds of a change in the senate looks to be about even money.  


Comments
By bear - Oct. 12, 2022, 5:05 p.m.
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here is a strange thought for ya...

a couple republicans have already mentioned the idea of impeaching biden.  

what if they actually removed biden from office?  then harris would be the first female/minority prez. 

what if the pubs then impeach her?  

a republican house speaker then becomes president.  the pubs could win the WH before 2024...

what would this do to... our bond markets?  currency markets?  stock markets?  gold market?  

you may want to own some long term options just in case.  

By metmike - Oct. 12, 2022, 6:32 p.m.
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Thanks bear!

It takes 2/3rds majority in the Senate to convict and remove from office and there's no chance of getting enough democrats to go along with this for that to happen.


ArtI.S3.C6.5 Impeaching the President

https://constitution.congress.gov/browse/essay/artI-S3-C6-1-3-3/ALDE_00000710/%5B%27impeachment%27%5D


About Impeachment

https://www.senate.gov/about/powers-procedures/impeachment.htm

The United States Constitution provides that the House of Representatives "shall have the sole Power of Impeachment" (Article I, section 2) and "the Senate shall have the sole Power to try all Impeachments … [but] no person shall be convicted without the Concurrence of two-thirds of the Members present" (Article I, section 3). The president, vice president, and all civil officers of the United States are subject to impeachment.

By Richard - Oct. 12, 2022, 7:51 p.m.
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Right now the plan is to impeach Biden but Harris gets to stay all the way to Jan 2025