*Betting on VP withdrawal

Not that this has much to do with business or L.A., but I noticed that Intrade, the futures market for all kinds of predictions about current events, has the chances of Sarah Palin being withdrawn as the VP nominee at 12.5 percent. It's been as high as 18 percent and as low as 3 percent, a reflection of the very low trading volume - so far - as well as the uncertainty about where this story will go. By the way, Barack Obama's chances of winning the election have risen slightly, to 61.5 percent.

*Update: If you're looking for a good fright, check out a piece posted this morning on the Huffington Post in which Palin addresses the graduating class of commission students at her one-time church, Wasilla Assembly of God. Besides painting the war in Iraq as a messianic battle in which the United States is acting out the will of the Lord ("Our national leaders are sending [U.S. soldiers] out on a task that is from God," she exhorted), Palin said that a $30 billion natural gas pipeline project that she wants built in the state is also God's will. She asked the assembled students to "pray for that."

More by Mark Lacter:
American-US Air settlement with DOJ includes small tweak at LAX
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Amazon keeps pushing for faster L.A. delivery
Another rugged quarter for Tribune Co. papers
How does Stanford compete with the big boys?
Those awful infographics that promise to explain and only distort
Best to low-ball today's employment report
Further fallout from airport shootings
Crazy opening for Twitter*
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Mark Lacter
Mark Lacter created the LA Biz Observed blog in 2006. He posted until the day before his death on Nov. 13, 2013.
Mark Lacter, business writer and editor was 59
The multi-talented Mark Lacter
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