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Are Dems About To Be Slaughtered This November?

It’s no secret that the GOP is expected to do well in the mid-term elections, but a new poll suggests Dems could be looking at a bloodbath.

According to the University of Virginia’s widely monitored Crystal Ball, 2010 has the makings of 1994 – the year of the Republican landslide in the House with a Democrat in the White House.

Those results are consistent with a Gallup poll that showed the Republicans with a 10 percentage point lead over the Democrats – the widest margin in 68 years, writes the FT.

Separately, a University of Buffalo paper has predicted a 51-seat gain for Republicans in November. (The GOP needs 39 seats to wrest control of the chamber.)

However politics is fickle and sentiment could shift on a dime.

In fact, House of Representative control has been an elusive task for the Republican Party, historically. Prior to the landslide victory led by Newt Gingrich in 1994, the Democratic Party has controlled the House of Representatives all but 4 of the previous 72 years. (Data courtesy of Mitch Biggs at Associated Content)

No matter how you slice it, the economy will likely emerge as a key factor in the decision voters make at the polls.

Barry Ritholtz of FusionIQ has some suggestions for lawmakers in DC. Hear what he has to say. Watch the video now!




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Trader disclosure: On Sept. 1st, 2010, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Seymour owns (AAPL), (INTC), (MT), (F), (MSFT); Adami owns (AGU), (BTU), (NUE), (C), (GS), (INTC), (MSFT); Adami’s wife works at Merck; Jon Najarian owns (AAPL); Jon Najarian owns (RIMM) calls; Jon Najarian owns (CRUS) and (CRUS) calls; Jon Najarian owns (AKS); Jon Najarian owns (NFLX) short calls; Jon Najarian owns (AMZN) short calls; Cortes is long Crude Oil; Cortes is long (FCX); Cortes is long (BHP); Cortes is long (SFD); Cortes is long (BMO); Cortes is long (TD); Cortes is long the Euro

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