http://www.fivethirtyeight.com/2008/07/webb-out-whos-up.htmlGod, another special mention for Bayh? They were fawning over this choice on Race to the White House too. Don't get me wrong, he wouldn't be HORRIBLE, just...disappointing to me. Some of these odds are just laughable to me as well.
Webb's Out, Who's up?
" ....whose stock is trading upward at Intrade as a result of Jim Webb's Sherman Statement today. These people have gained ground":
Bayh +2.0
Schweitzer +1.9
Reid +1.9
Warner +1.7
Hagel +1.7
Biden +1.3
Kaine +1.3
Edwards +1.0
Sebelius +0.6
Clinton +0.5...
about an even mix of Moderate White Dude and Foreign Policy Tough Dude, with a few Virginia Is For Lovers candidates thrown in. Webb crossed over all three constituencies, which is why he seemed like such an obvious name for the short list. And yes, that's Harry Reid, which ought to put to bed any notion about the efficiency of betting markets. Maybe some overseas punters heard some buzz about Jack Reed and got the two confused? I cannot explain this one away.
(snip, individual VP odds at link)
Update: You know who else I might long? Evan Bayh. Bayh would certainly not be my first choice, but that's not what matters here. I'm trying to think about this from the standpoint of the Obama campaign's paradigm, and in general the Obama campaign has tended to be very risk-averse. Bayh is polished, if not overly articulate; he's a brand name, but not one that will overshadow the nominee, and he would be acceptable to most moderates as well as most ex-Clinton supporters. There's a bit of an always-a-bridesmaid concern about Bayh that can become something of a self-fulfilling prophecy -- if he wasn't good enough for Bill Clinton, Al Gore or John Kerry, what makes him good enough now? -- but then again, Indiana has never before been a swing state, nor has the Midwest in general been so important.