In response to:

Las Vegas Oddsmaker Explains Why He Predicts Romney Landslide

howie62 Wrote: Oct 18, 2012 2:38 PM
Root needs to be reminded that the "economic collapse" for which he blames Obama and his "socialist" , etc. policies all happened on the watch of George W. Bush and his economic policies. Bush was handed a great economy and managed to run it into the ground in eight years. Obama has done much better with what he was handed by any measurement. Romney and his Republican friends want to go back to the Bush policies. Doesn't track record have any place in handicapping anymore?
jladd Wrote: Oct 22, 2012 11:14 AM
Actually, the blame goes back past Obama and past Bush. What started the whole "collapse"? The housing crisis. It was the first domino to fall in a huge chain of dominoes. And that whole subprime lending policy was instituted by the Clinton-controlled government. Yes, shame on both parties for not hemming it up after Clinton was gone, but...on the other hand, what were they supposed to do? You have the government telling banks to lend to people who can't pay back the loans, and then those people get these houses that are worth more than the people make in 30 years of working. You going to kick them out of their homes? No, because it's political suicide to do so. Instead, you wait for the bubble to pop and hope for the best.
jladd Wrote: Oct 22, 2012 11:14 AM
Actually, the blame goes back past Obama and past Bush. What started the whole "collapse"? The housing crisis. It was the first domino to fall in a huge chain of dominoes. And that whole subprime lending policy was instituted by the Clinton-controlled government. Yes, shame on both parties for not hemming it up after Clinton was gone, but...on the other hand, what were they supposed to do? You have the government telling banks to lend to people who can't pay back the loans, and then those people get these houses that are worth more than the people make in 30 years of working. You going to kick them out of their homes? No, because it's political suicide to do so. Instead, you wait for the bubble to pop and hope for the best.
jladd Wrote: Oct 22, 2012 11:16 AM
And that's what happened.. they hoped for the best, and we basically got the worst. But to sit there and say "Republicans spent us into oblivion" without ANY mention of Obama's drunken sailor spending on things like Obamacare and the trillions more it set us back is just plain intellectually dishonest as hell. BTW, Obama put us more in debt in four years than Bush did in 8. Put THAT in your pipe and smoke it.
On May 30th, I made a prediction that shocked the readers of TownHall. I predicted a Romney landslide- with Obama leading in every poll.

I did not make that prediction as a political columnist, or as the former Libertarian Presidential contender, or the 2008 Libertarian Vice Presidential nominee. I relied on my career as a Las Vegas oddsmaker. Long before I got into politics, I started out as the Network Oddsmaker and NFL Analyst for CNBC (then known as Financial News Network). I've made my living for the past 27 years predicting the winners of sporting events, like the Super...