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‘This Is Uncharted Territory’: Wall Street Weighs Prospect Of Contested Election Outcome

"The items are the post office and the $3.5 billion for mail-in voting", Donald Trump told Fox's Maria Bartiromo on Thursday. "If we don’t make the deal, that means [they] can’t have the money", the president added. "That means they can’t have universal mail-in voting. It just can’t happen". Those remarks were the clearest indication yet that Trump's aversion to mail-in ballots isn't confined to rhetoric. Rather, the president's contention that voting by mail invariably leads to massive fraud is now manifesting in the stimulus negotiations. Trump, critics charge, is leveraging the stalled talks to starve the postal service in a bid to ensure that large-scale mail-in voting isn't logistically possible. "What we've seen in a way that is unique to modern political history is a president who is explicit in trying to discourage people from voting", Barack Obama said, during a podcast this week. "What we've never seen before is a president say, 'I'm going to try to actively kneecap the postal service... and I will be explicit about the reason I'm doing it'". Obama audibly chuckled, an expression of incredulity at what many charge is a brazen effort to disenfranchise the pub
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5 comments on “‘This Is Uncharted Territory’: Wall Street Weighs Prospect Of Contested Election Outcome

  1. Then the lyin’ tweeter should not be allowed to mail his in…..

  2. Ria says:

    My own guess is this is going to backfire. What many analysts don’t seem to be factoring in is the possibility of a complete and utter blowout of the GOP this time around. The best parallel I can see is the 1932 election. Hoover was vengeful afterwards, which is not so different from what I anticipate Trump will be. Either way, the most dangerous time is certain to be the time between Nov 4th and January 20th for the country. Win or lose by Trump. A close contested election looks like about a 40% possibility with Trump holding the edge in such an outcome (3/4 or 30% Trump/10% Biden). But a blowout type of election is now becoming increasingly likely (30% likely all BIden) and a moderate win by Biden (30% to Biden). We should worry about a close election- it could spell the end for a real democracy here. But there is still a higher chance that it will be a clear loss for Trump (60%). A close loss for Trump is the type of outcome to be concerned ab out for the democracy(10% odds). Of course a close win for Trump (30%) is scary for other reasons.

  3. Dan says:

    This is going to a supreme court decision. Guess we’ll find out where Roberts stands once again on a constitutional vs. a court-approved, dictatorial decision. It’s a toss-up. And Walt, is this also a Seeking Alpha post? You’re surely waking the tightrope, the objectivity line, in this post.

    • D Price says:

      No one can be sure of where we are and how this plays out. I applaud his efforts. No one can rationally pretend the times we are faced with are anything short of extraordinary.

  4. Not sure how this is “Unprecedented.”

    We have a model for this, Bush, 2000, and we know what happens: If the Republican wins, everyone is told that the system works, and any and all protests about legitimacy are ignored by the media.

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