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Monday, May 01, 2006

Sportsbook.com Offers White House Odds

George W. Bush may be the worst president in American history. At least
that's what some Washington talking heads are now saying. Bush has accepted
resignations from two senior Administration officials in the past few weeks
but many Republicans and Democrats believe that much more needs to be done
in order to salvage his lame duck presidency. They have their sites set on
Vice President Dick Cheney and Secretary of Defence Donald Rumsfeld,
lightning rods for public criticism of the Bush White House and the War in
Iraq. Odds on Cheney still being Vice President on December 31, 2006
currently sit at YES +400, NO -600, while odds on Rumsfeld being Defense
Secretary on December 31st are YES +250, NO -400.

"Bush is gambling that by replacing two White House staffers he will be able
to kick start what many view as the worst presidency and most incompetent
White House in the nation's history," said Alex Czajkowski, Sportsbook.com.
"There is no evidence yet that his gamble is paying off, no reported
improvement to his approval rating. So what Bush will do next is what makes
betting on this prop very interesting!"

Chief of Staff Andy Card resigned on March 28, and Press Secretary Scott
McClellan announced his departure on April 19. David Gergen, a White House
advisor to four presidents wrote in the New York Times on the weekend that
to rescue his presidency, Bush "has to want to change policies like those in
Iraq, energy and taxes".

That kind of radical change would suggest that Bush has to consider the
resignations of his very close confidants Donald Rumsfeld and Dick Cheney if
he is to have a chance at restoring some lustre to his presidency.

"Everyone loves to bet and wagering on whether Cheney and Rumsfeld will go
for the good of their President is one way for Americans to let pundits know
just how seriously they hold their views," added Czajkowski

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