State of the Union Address

You don't have to be a weatherman to know which way the wind blows. President Bush's speech tonight started off with economic matters and it wasn't until 9:39 PM EST that Iraq was raised as an individual issue. The way I see it - this bodes well for Mitt Romney and poorly for John McCain.

The economy is Romney's strong suit whereas McCain - not so much.

On the Democrats side - I think Ted Kennedy supporting Barack Obama will be viewed as a tipping point and just watching Hillary Clinton's body language makes me think its over for her. Sure the race will be close but I think Obama will generate the enthusiasm needed to carry the day on Super Tuesday.

As of the time of this writing (9:51 PM EST) - Bodog has Hillary Clinton as a 1 to 6 favorite to win the Democratic nomination (meaning you would have to risk $6 to win just $1). Barack Obama is listed as a 3 to 2 underdog (meaning you would risk $2 to win $3). I wouldn't be surprised to see the race listed as even money within the week.

Right now John McCain is a slight favorite to win the Republican nomination (20 to 21 - just about even money) while Mitt Romney is a slight underdog (5 to 4 meaning risk $4 to win $5). I would be surprised if Romney isn't a big favorite this time next week.