Getting it wrong: How pundits are rewarded for wild predictions

(By Matt K. Lewis, The Daily Caller) - On Fox News this past Monday, Bill Kristol predicted Mitt Romney would announce his vice presidential nominee Thursday afternoon (which happens to be yesterday) or possibly today.

Kristol’s prediction spawned a ton of news coverage and Twitter buzz, but now seems unlikely.

This wasn’t the first time a Kristol prediction rocked the political world. Four years ago, I was shocked out of vacation mode in order to write about Kristol’s August prediction (on Fox News) that Colin Powell would endorse Barack Obama, and “may well give a speech at the Democratic convention.” Powell, of course, did endorse Obama, months later. He did not speak at the convention. Nevertheless, for a day or two in the summer of 2008, Kristol’s comments were the talk of the town.