I think you are wrong on the race thing being the main hurtle for RP. What RP has to overcome is noninterventionism with the republicans and the fear he is going to cut out government handout programs such as SSI Etc with everyone else.I agree that the statements on the newsletter aren't really that bad.
But this is what the media will do: It will repeat the following statement 24/7:
That's the exact quote CNN used in '07. I don't think Ron will politically survive that if it's repeated all day every day for a week. The statement is much more damaging than Rand's nuanced statements on property rights.
Well, that's what I believe. I might be wrong and Ron might be elected without hyperinflation, but I think things will definitely have to get worse.
Another wild card is Rand improving his image substantially within a year, and that image improvement translating to Ron.
Race baiting works real well whipping up the progressive left and minorities that are the democratic base but it isn't going to fly so well with the independents and republicans after Obama was elected and many people got over their white guilt.l