InTrade, the let’s-bet-on-current-affairs website, currently gives Michelle Bachmann a 13.8% chance of winning the nomination, and an 8.9% chance of being the GOP’s vice-presidential nominee in 2012. Those are pretty good odds: they put Bachmann third in the InTrade field behind Mitt Romney and Texas Governor Rick Perry, who hasn’t even said that he’s running.
Bachmann slammed both big government and Barack Obama in her announcement in Iowa:
“We cannot continue to rack up debt on the backs of future generation,” she said. “We can’t afford an unconstitutional health plan that costs too much and is worth so little. And we can’t afford four more years of failed leadership at home and abroad. We can’t afford four more years of millions of Americans out of work or in jobs that pay too little to support their families.”
See our full biography of Michele Bachmann >>