Here's an email we received from the university news service that should explain our relief:
Despite everyone’s best efforts, there has been some confusion on how to pronounce the names of ISU’s presidential candidates. Please allow me to set the record straight for everyone now.
Dr. Steven Leath’s last name is pronounced LEETH. (As in, if you eat too many HEATH bars you may lose your TEETH.) There has been some tendency to say “LAYTH,” and that is incorrect. It’s LEETH.
Dr. Kumble Subbaswamy’s name is pronounced KOOM-blay SOO-buh-swah-mee. Originally, we were told “KOOM-buhl” by our colleagues at the University of Kentucky, but it is correctly pronounced “KOOM-blay.” Dr. Subbaswamy told search committee co-chair Roger Underwood this morning that his name has been perpetually mispronounced for years at Kentucky, and it never bothered him because everyone calls him “Swamy,” anyway. At any rate, we are going to try to get this right: KOOM-blay.
Thanks for your help and patience with this.
Tuesday, September 27, 2011
What do you think of it? Wise strategic move by Dix? Or lame attempt for leadership when the current leader celebrates his anniversary?
The Iowa Republican has the email Dix sent to colleagues this morning.
Monday, September 12, 2011
Thursday, September 08, 2011
Romney's price jumps post-debate on Iowa Electronic Markets' GOP nomination market
Mitt Romney was the big winner in Wednesday's GOP presidential candidate debate, according to traders on the Iowa Electronic Markets, as his price jumped 5 cents on the IEM's recently opened Republican nomination market.
The price of the former Massachusetts governor's contract as of 9 a.m. Thursday was 39 cents, which means traders believe he has a 39 percent probability of winning the GOP nomination. Before Wednesday's debate, his contract was trading at 34 cents.
Texas Gov. Rick Perry is still the likeliest GOP nominee, according to traders. The price of his contract is 41 cents, the same price it was selling for before the debate began.
The IEM is a real money futures market operated by the University of Iowa's Tippie College of Business. The IEM gives traders the opportunity to buy and sell contracts based on what they think the outcome of a future event will be. Contracts for the correct outcome pay off at $1, all other contracts pay off at zero. As a result, the price of the contract at any given time indicates the probability that the traders assign to the event's occurrence.
Other contracts on the GOP nominee market include Ron Paul and Michele Bachmann, both of whom were selling for 2 cents before the debate started. Post-debate, Paul's price increased slightly to 2.6 cents, while Bachmann's slumped to 1.6 cents.
The Rest of Field contract -— which represents None of the Above -— was selling for 18.2 cents Thursday morning, which means traders believe there is an 18.2 percent probability that another candidate will win the nomination. That price is down slightly from the 20 cents it was selling at before the debate.
The current prices on the IEM's Republican nomination market can be found at http://iemweb.biz.uiowa.edu/quotes/356.html. More information on the IEM can be found at tippie.uiowa.edu/iem.
Wednesday, September 07, 2011
Grassley said he will wait until early October to see what the Republican field looks like and determine whether he will endorse a candidate. He said he will be watching for two things tonight during the Republican presidential debate. He wants to see how Rick Perry performs after shooting to the top of the polls. And he said he wants to see how Mitt Romney handles not being the front runner now. Grassley said he will watch to see if Romney gets more aggressive after "rising above the fray" previously when he was still on top.
Here's the release:
Iowa Electronic Markets traders give Iowa caucus edge to Perry
Traders on the Iowa Electronic Markets' recently opened Iowa caucus market have given Texas Gov. Rick Perry the highest likelihood of finishing as one of the top two vote getters on caucus night.
Traders also give an equal probability for former Massachusetts Gov. Mitt Romney and Minnesota Rep. Michele Bachmann finishing in the top two.
As of 9 a.m. Wednesday, Perry's contract was selling for 75 cents, which means traders believe he has a 75 percent probability of finishing in the top two. Bachmann and Romney were both selling for 47 cents, which means traders believe there is a 47 percent probability that either of them will finish in the top two.
The IEM's real-money Iowa Republican caucus market opened Aug. 31. The caucus market differs from other IEM markets in that contracts will pay off if the candidate they represent finishes in the top two vote getters. In other markets, only the contracts for the winning candidate pay off.
Contracts are also trading for Texas Rep. Ron Paul, former Speaker of the House Newt Gingrich and business executive Herman Cain. Paul was trading at 29.9 cents, while both Gingrich and Cain are trading for 1 cent.
The Rest of Field contract, which represents a candidate for whom no individual contract has been issued, is selling for 26.2 cents.
The Iowa Electronic Markets is operated by the UI's Tippie College of Business as a real-money futures prediction market. Begun in 1988, the IEM is a research and teaching tool that has achieved an impressive prediction record, substantially superior to alternative mechanisms such as opinion polls. Such markets have been significantly more accurate than traditional tools in predicting outcomes ranging from political election results to movie box office receipts.
Tuesday, September 06, 2011
Monday, September 05, 2011
Here's a portion of the report...
"Perry is the first choice for 29%. Essentially tied for second are Minnesota Congresswoman Michele Bachmann at 18% and former Massachusetts Governor Mitt Romney at 17%. Texas Congressman Ron Paul picks up 14% of the vote...As for the other candidates, four percent (4%) support former Pennsylvania Senator Rick Santorum; four percent (4%) back Georgia businessman Herman Cain; three percent (3%) favor former U.S. Ambassador Jon Huntsman, and two percent (2%) support former House Speaker Newt Gingrich."
What does it mean?
Perry has catapulted past the other candidates who have been campaigning in Iowa for months.
Bachmann's front-runner status seems to have evaporated almost overnight since her win in the Iowa Straw Poll in Ames.
Romney still holds a following in the state. Enough to convince him to campaign more here?
Paul shows he still has strength. But doesn't he need a 1st or at least a really strong 2nd place finish in the Iowa Caucuses to be taken more seriously nationally?
Santorum and Cain? How can they find much optimism here? Santorum has campaigned in Iowa more than nearly anyone else. But his numbers remain near the bottom with Huntsman, who isn't even competing in Iowa, and Gingrich, who makes only token campaign appearances in Iowa. Cain had already all but disappeared in Iowa any way.
Having said all of that, the caucuses are still 5 months away. Or 4 months. Or 3 months, depending on what happens with those other states who might still try to jump ahead.
We'll see how Perry's standing holds as other candidates start turning their criticism toward him more, along with the media's increased scrutiny of his past and future statements.
Saturday, September 03, 2011
Palin did seem to offer a few more specifics in her speech than we've heard from her in the past. She called for repealing Obamacare, much like every other Republican out there. She also called for eliminating all of the federal corporate income taxes and helping to offset the lost federal revenue by eliminating corporate loopholes and ending bailouts. Palin mixed in a "dog gone" or two and poked fun at President Obama by criticizing his "hopey, changy stuff that didn't create one job in August". She questioned the national polls, saying polls "are for strippers and cross-country skiers". The crowd had fun with that one, as you might imagine. While Palin's smaller government, shrink the deficit and lower taxes talk sounded the Republican themes, she also seemed to try to separate herself by talking like a third-party, outside Washington possible candidate. She referred to the "permanent political class" in Washington. She said that class fails to bring change because "change doesn't happen because there's nothing in it for them".
As for the tea partiers, Palin said, "This movement isn't simply a political awakening. It's an American awakening." She challenged people to question all candidates' records, including Republicans. She asked people to ask the candidates, "What if anything do their donors expect in return?"
The speech did have that one moment where an announcement seemed like it could come through. At one point, Palin asked the crowd, "Are you willing to unite?" She continued talking about replacing Barack Obama. She asked, "Who or what will we replace him with?"
Almost on cue, the crowd then began its chant of "Sarah, Sarah, Sarah". Palin let the chants go on for a bit, but didn't acknowledge them. She then continued with her speech. No announcement. Not on this day. Will there be one later this month? Or will Palin use today as a way to launch herself as the "face" of this new loosely organized tea party movement instead and save the rigors or campaigning to the rest of the field?