Hillary Clinton in 2016?

Apr 3, 2012, 5:25 pm EST
Hillary Clinton in 2016?

Nancy Pelosi has an idea on who should run for president for the Democrats in 2016: Hillary Clinton.

The House Minority Leader expressed interest in the idea during an interview with PBS‘s Charlie Rose, saying it would be “exciting” and that Clinton has been a “magnificent” Secretary of State under President Barack Obama.

However, Pelosi did say she had no knowledge of a plan by Clinton to run for president. Additionally, Clinton has said that her current position would be her last in public office, though Bill Clinton seemed to leave open the possibility that she might change her mind, saying he would be happy no matter what she did, either with the Clinton Foundation or a presidential run. Read 

Commission Bans Trading On 2012 Election

Apr 2, 2012, 6:10 pm EST
Commission Bans Trading On 2012 Election

Investors looking to profit directly from the upcoming general election by betting on who they believe might win are out of luck.

The Commodity Futures Trading Commission, which monitors futures and options markets, has banned the North American Derivatives Exchange from offering political event contracts. A political event contract would allow an investor to wager on who they thought would win, say, the presidential election this fall, or congressional elections.

The issue appears to be how closely linked these contracts are to gambling. Many states — and even Las Vegas — have already prohibited such wagers. There was also concern that supporters of a candidate could use the contracts to “game” the election, by buying large positions in a candidate and driving public opinion in his or her favor. Read 

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