Hubdub forecasts Michael Steele the newly elected Republican party chairman has a 49% chance of accepting Stephen Colbert’s challenge to have a ‘rap off’ on national television. In my own opinion though the odds are more like 5%.

Will RNC Chair Michael Steele accept Stephen Colberts challenge to a ‘Rap off’ on his show?

Steele has been trying to broaden the GOP since becoming chairman. Trying to garner more support among African Americans and other voting blocs in the US, but is he silly enough to think rapping will get him more support?

I can’t imagine anyone is advising Steele to actually rap. It would just make him look like a joke, especially when he’s trying desperately to fight off Limbaugh lovers and the Obama administration. So the question is, why does Hubdub still give the ‘rap off’ a almost 50% chance of happening?

My best guess is that people aren’t looking at the market anymore, which means there’s easy money out there for anyone reading this blog! If there was a real chance Steele would actually rap he wouldn’t still have a 73% chance of staying on as RNC chairman, because a ‘rap off’ with Stephen Colbert doesn’t seem like something GOP members pride themselves on.

Will Michael Steele last until Nov. 2, 2010 as RNC Chairman?

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Hubdub’s Hot Predictions this week, as decided by Hubdub users and staff, are selected based on their newsworthiness for the week. These stories are bound to be big news this week - and we have forecasts on how they’re likely to turn out.

Business
Hubdub’s holding to its forecast that by April 1st the DJIA will have passed below the 7,000 mark, giving it 97% certainty. May the Dow rest in peace…

Dow - Up or down before April 1? Which comes first, 7000 or 8000?

Gasoline prices have been fluctuating all month and in a economy where every penny counts, higher or lower prices can make or break individuals. By next Sunday Hubdub is forecasting the nationwide average for regular unleaded will be $1.950 - 1.974.

What will be the AAA average price for regular unleaded gasoline in the US on Sunday, March 8th?

Politics
The Republican party still has allot of soul searching to do these days. Bobby ‘leave it beaver’ Jindal didn’t have the best opening performance on the national stage last week. Probably one of the reasons why Hubdub forecasts Mitt Romney as the GOP front runner for 2012 with a 52% chance of winning the next Republican Presidential straw poll.

Who will win the next Republican Presidential straw poll?

Entertainment
American Idol is bound to be a treat this week. So far 2 out of 6 women have been chosen as finalists, with the semi-finals this week though how many women altogether will get the nod? Hubdub forecasts there’s a 49% chance that of the 12 finalists, 5 will be women. For all the American Idol markets we have make sure to go to our tags page here.

American Idol: How many women in the top 12?

Sport

Sad news in the world of sports this week. Detroit Lions defensive end Corey Smith, and Oakland Raiders linebacker Marquis Cooper are both feared lost at sea with others off the Florida coast. The coast guard is searching the 750 square-mile area but hasn’t yet turned up anything. Unfortunately Hubdub forecasts there’s a 60% chance the two won’t be found by this Saturday.

When will the NFL players lost at sea be found?

Trading percentages given are at time of posting and may not match up with markets after the fact due to Hubdub users forecasting on said markets.

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