Comments on: The Market Tells Us What To Think About Alito’s Hearings http://www.concurringopinions.com/archives/2006/01/the_market_tell_1.html The Law, the Universe, and Everything Sun, 22 Nov 2009 08:31:00 -0700 http://wordpress.org/?v=2.8.3 hourly 1 By: SCOTUSblog http://www.concurringopinions.com/archives/2006/01/the_market_tell_1.html/comment-page-1#comment-60896 SCOTUSblog Mon, 16 Jan 2006 18:38:21 +0000 http://www.solove.org/archives/2006/01/the-market-tells-us-what-to-think-about-alitos-hearings.html#comment-60896 <strong>Blog Round-Up - Monday, January 16th</strong> The Court issued its opinion in United States v. Booker a year ago last week. This week the Legal Affairs Debate Club asks, "What is the future of sentencing?" Debating are, Douglas Berman, William B. Saxbe Designated Professor of Law... Blog Round-Up – Monday, January 16th

The Court issued its opinion in United States v. Booker a year ago last week. This week the Legal Affairs Debate Club asks, “What is the future of sentencing?” Debating are, Douglas Berman, William B. Saxbe Designated Professor of Law…

]]> By: Dylan http://www.concurringopinions.com/archives/2006/01/the_market_tell_1.html/comment-page-1#comment-60895 Dylan Sat, 14 Jan 2006 18:35:30 +0000 http://www.solove.org/archives/2006/01/the-market-tells-us-what-to-think-about-alitos-hearings.html#comment-60895 These are questionable conclusions to reach on this data. As a general matter it's a very thinly traded market, always the moreso when a particular subject isn't in the news. As to the specifics, it would take something huge to threaten the GOP's 5 seat majority, given the state by state realities as they exist. A small shift in the overall picture just narrows the blowouts in the safe senate races and doesn't touch the big picture. As far as Biden goes, these hearings changed nothing. People who watched him before knew he was an inane blowhard that makes Kerry look suave. People who watched him in these hearings for the first time now know it, too. But damned few did, they won't remember much in two years of what they did see, and nothing he did will provide useful fodder for a future ad. So it's a wash, and would be even if enough people were trading in these markets right now to make them meaningful. These are questionable conclusions to reach on this data. As a general matter it’s a very thinly traded market, always the moreso when a particular subject isn’t in the news.

As to the specifics, it would take something huge to threaten the GOP’s 5 seat majority, given the state by state realities as they exist. A small shift in the overall picture just narrows the blowouts in the safe senate races and doesn’t touch the big picture.

As far as Biden goes, these hearings changed nothing. People who watched him before knew he was an inane blowhard that makes Kerry look suave. People who watched him in these hearings for the first time now know it, too. But damned few did, they won’t remember much in two years of what they did see, and nothing he did will provide useful fodder for a future ad. So it’s a wash, and would be even if enough people were trading in these markets right now to make them meaningful.

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