Intrade.com is an online prediction market that tracks, among other things, U.S. politics. In the aftermath of a bruising defeat of Congressional Democrats, Intrade predicts more of the same in 2012. The market currently gives Republicans a 3 in 5 chance of retaining control of their newly acquired House, and roughly a 2 in 3 chance of taking or tying the Senate.

The past few years are not a fluke: a four-year MIT education is in high demand. From 2004 to 2010, the number of applicants to MIT’s undergraduate program has gone up 48.5 percent, from 10,549 to 15,663, and early application numbers suggest this year will reveal a further 7-8 percent increase. This is not merely a matter of students applying to more colleges — the matriculation rate of admitted students has gone up, not down, from 58.7 percent to 64.6 percent.

There’s an interesting fairy tale that Democrats (and Mr. Veldman) have been telling themselves for more than a decade. “If we were simply better at getting out our message, we’d win more elections.” This is an incredibly facile analysis — it is akin to saying that the U.S. Army would win more wars if its soldiers shot more enemies and got shot less themselves. Even if it had the power to explain why Democrats win in some years and lose in others (which it doesn’t), it’s less than worthless as a form of strategic advice. The “voters are stupid, why else wouldn’t they vote for us” meme has been rampant on the left for quite some time — if it really had insights to offer, surely these lessons would have been capitalized upon by now.

On Nov. 8, on the final day of his visit to India, President Obama gave an address to a joint session of the Indian parliament that included this gem: “In the years ahead, I look forward to a reformed United Nations Security Council that includes India as a permanent member.”

On February 18, President Obama created the “National Commission on Fiscal Responsibility and Reform,” a bipartisan 18-member panel of senators, representatives, and other luminaries. Co-chaired by Erksine Bowles (a former Chief of Staff to Bill Clinton) and Alan Simpson (a former Republican senator) the commission was charged with “identifying policies to improve the fiscal situation in the medium term and to achieve fiscal sustainability over the long run… including changes to address the growth of entitlement spending.”

On October 27th, two packages, each containing a Hewlett-Packard printer with plastic explosive hidden in the toner cartridge, were sent to Chicago, Illinois from FedEx and UPS offices in Sana’a, Yemen. The packages were intended to explode inside planes mid-air over U.S. soil. Instead, authorities were alerted to the bombs (likely by an active double agent within al-Qaeda), and two days later, both bombs were defused.

In a recent interview with The New Yorker, Julian Assange, the director of WikiLeaks, was asked if he would ever refrain from releasing information he knew might get someone killed. The question was not just hypothetical: a year and a half earlier, Assange had published a study that detailed technical vulnerabilities in actively employed U.S. Army countermeasures against improvised explosive devices.

On April 8, 2010, Barack Obama and Dmitry Medvedev, prompted by the expiry (and coming expiry) of previous nuclear weapons treaties, signed the New Strategic Arms Reduction Treaty, or “New START” for short. If ratified, New START will bind the U.S. and Russia to three important limits on strategic nuclear weapons for a duration of ten years:

Terrorists are stubborn creatures. Even as we leave soft targets across the U.S. unguarded, they continue to target airplanes. It’s an obsession, and appropriately, we’ve dedicated considerable resources to detecting and defeating just these types of attacks.

There’s a story Obama liked to tell on the campaign trail: Republicans drive a car into a ditch, and then hand the keys to Democrats. Democrats work and work to get the car out of the ditch while Republicans sun themselves. Then, once Democrats finally get the car out of the ditch, there’s a tap on their shoulder: it’s the Republicans, and they want the keys back. The car is the economy. Or the nation. And there are Slurpees involved, I think. But the moral of the story is that you shouldn’t give the car keys to Republicans, else they’ll run us all into a ditch.