Johncjackson
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maybe Luskin only felt comfortable supporting the GOP nominee and wasn't on board with the campaign RP is building for....
Donald Luskin has now endorsed John McCain [CONFIRMED]
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kirkblitz
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read the first post man, its on ronpaul2008.com how more confirmed can you get
yongrel
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_IF_ he left because Ron Paul wanted him to go where he's more helpful, that signifies, doesn't that show that Ron Paul is pretty much done?
Now, granted, I don't think he's going there because RP told him to.. but .. if you believe that he went to John McCain in order to influence the next president, then you believe RP is done.
Now, granted, I don't think he's going there because RP told him to.. but .. if you believe that he went to John McCain in order to influence the next president, then you believe RP is done.
Johncjackson
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Not done, just probably not the Republican nominee...
No.. done.
Because if Ron Paul really (and I do NOT believe this) sent a man who would be a WONDERFUL Sec Treasury under HIM to a competitor with the intention that the man serve as his Sec Treasury, then it indicates that Ron Paul believes John McCain would .. WIN.
So that's why that line of thought is just ridiculous. Maybe Luskin thinks he can do more good with McCain. Maybe he thinks his ideas stand a better chance there. Maybe he never really believed RP and was just angling to break into washington politics.
But I don't think RP sent him there.
austinchick
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The lack of three Rs seems to have reached epidemic proportions on these forums. Nothing new there.
reading T.V. Guide, writing to T.V. Guide, and renewing T.V. Guide?
sorry, sorry. i know it's off topic in a very serious thread but i had to do it. damn my simpson's quoting compulsion.
anyway, i hope we get some kind of official info as to his reasons for stepping down...though those reasons, if bad, would probably make the news in the kind of spotlight ron could only hope for on his best days in this blackout. regardless, this turn of events in no way, shape, or form affects my support for ron paul in the slightest.
donnay
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MoneyWhereMyMouthIs2
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nodope0695
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Bad News...
I read a rumor over at DailyPaul that Donald Luskin, RP's Economic Advisor, jumped ship for the McCain campaign and officially endorsed him.
http://www.dailypaul.com/node/35162
http://www.lewrockwell.com/blog/lewrw/archives/019230.html
http://people.ronpaul2008.com/campaign-updates/2008/02/07/luskin-leaves-paul-for-mccain/
I called the campaign about ten minutes ago to confirm the rumor.
Sadly, it is true. He bailed out today by officially endorsing John McCain. And this just two days after he told Niel Cavuto that he would vot for RP even if he had to write him in to do it.
Its been a strange day. Mitt drops out, and Luskin becomes a traitor.
Thoughts?
I read a rumor over at DailyPaul that Donald Luskin, RP's Economic Advisor, jumped ship for the McCain campaign and officially endorsed him.
http://www.dailypaul.com/node/35162
http://www.lewrockwell.com/blog/lewrw/archives/019230.html
http://people.ronpaul2008.com/campaign-updates/2008/02/07/luskin-leaves-paul-for-mccain/
I called the campaign about ten minutes ago to confirm the rumor.
Sadly, it is true. He bailed out today by officially endorsing John McCain. And this just two days after he told Niel Cavuto that he would vot for RP even if he had to write him in to do it.
Its been a strange day. Mitt drops out, and Luskin becomes a traitor.
Thoughts?
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FireofLiberty
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I feel like sending him 30 silver Ron Paul dollars.
E
evadmurd
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N F W!!!! I just listened to that video and he said he would vote for Ron Paul if he had to write in his name.
W T F
W T F
nodope0695
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Well, if he was so easily bought off, then perhaps its good he left. McCain probably promised him a cushy job in his cabinet if he is elected.
Still, pretty shitty for him to do that after what he said to Cavuto on 2/5.
lastnymleft
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Don Luskin has a bit of a personality problem. He has a SERIOUS ongoing dispute with Peter Schiff, and it's not just on economic issues. It's personal. Nasty personal. Almost stalker-level personal. All is revealed on Luskin's blog. I don't recommend reading it, though, if you wish to continue to hold these folk up in high esteem.
When I saw Luskin and Schiff engaged almost simultaneously by the campaign a couple of weeks ago, I thought, "Uh, oh. I wonder how long this is going to last". Apparently, not very long.
The personality conflict derived from some pretty fundamental professional differences. Peter Schiff tends to follow Dr Paul's interpretation (or is that vice-versa?), that the US economy is crashing, and crashing BIG TIME - in the near term. Peter Schiff's basic riff is "Sell US, buy Asia, Europe". He happens to have set up a business to enable people to do such. It could be argued that he is shilling for his business, and to some extent that is probably correct, but perhaps that is more appropriately just a matter of him putting his money where his mouth is. Don Luskin refers to Peter Schiff as a "perma-bear".
Don Luskin is not so pessimistic. He thinks that, yes, we are in rough times now, but that we will pull through it not too bad. We should all just keep buying stocks.
And they both tread the same sort of boards, over at CNBC, and FBN. Going head to head at some time was inevitable, and egos were bound to get bent out of shape. And they have been. So, the basis for the personality conflict was set up at the professional level, and it has deteriorated a LONG way from there, with multiple blog-level exchanges between them.
Don Luskin also has a similar problem with Paul Krugman, and had a real snide swipe at Krugman when Krugman gave Dr Paul some acclaim a couple of weeks back. The Luskin/Krugman dispute has been going on for years, and has even sunk to the level of having had full-article coverage in the New Yorker mag.
<speculation>Here's some speculation, but I wouldn't be surprised if:
(1) the advisor roles for the Paul campaign are "honorary" (i.e. unpaid)
(2) Luskin and Schiff had a major falling out during some backroom/conference-call braistorming session / strategy meeting.
I actually expected him to pull back from the campaign, at some point, but i'm surprised it is so early, and I'm surprised to see him go straight to McCain, rather than just sitting out this election. I would suggest that the reason is a combination of dollars, and ego^2. Ego, because he wants to be SEEN to be on what he seemingly-rationally perceives will be the winning team, as opposed to Peter Schiff being with the doom-and-goomers on the "losing" team. Ego, also, because he was probably offered a position in a McCain administration. I hope they DON'T make him Secretary of the Treasury though. He really doesn't have a cabinet-level temperament. There's something a little bit unstable with him, the way he carries out these personal jihads against his fellow economists that happen to have different views. Not EVERYTHING needs to be taken to the personal level, and fought to the death.
When Giuliani's advisor's were said to be going without pay, in the lead-up to his dropping out, a figure of $25,000 per month was mentioned that one of his "Senior Policy Advisor"s was getting. My guess is McCain would have matched it for Luskin.
So, that's what you get for having an inflationary federal reserve system: 30 pieces of silver now cost you $25,000/month, or so. </speculation>
Oh, and it should be noted: Don Luskin and Steve Forbes share panels over at CNBC. Steve Forbes jumped on board the McCain ship not long back. it wouldn't surprise me if Forbes advised McCain to poach him, and that Forbes facilitated it.
A good part of the story will probably be revealed in the next day or two on Luskin's blog.
When I saw Luskin and Schiff engaged almost simultaneously by the campaign a couple of weeks ago, I thought, "Uh, oh. I wonder how long this is going to last". Apparently, not very long.
The personality conflict derived from some pretty fundamental professional differences. Peter Schiff tends to follow Dr Paul's interpretation (or is that vice-versa?), that the US economy is crashing, and crashing BIG TIME - in the near term. Peter Schiff's basic riff is "Sell US, buy Asia, Europe". He happens to have set up a business to enable people to do such. It could be argued that he is shilling for his business, and to some extent that is probably correct, but perhaps that is more appropriately just a matter of him putting his money where his mouth is. Don Luskin refers to Peter Schiff as a "perma-bear".
Don Luskin is not so pessimistic. He thinks that, yes, we are in rough times now, but that we will pull through it not too bad. We should all just keep buying stocks.
And they both tread the same sort of boards, over at CNBC, and FBN. Going head to head at some time was inevitable, and egos were bound to get bent out of shape. And they have been. So, the basis for the personality conflict was set up at the professional level, and it has deteriorated a LONG way from there, with multiple blog-level exchanges between them.
Don Luskin also has a similar problem with Paul Krugman, and had a real snide swipe at Krugman when Krugman gave Dr Paul some acclaim a couple of weeks back. The Luskin/Krugman dispute has been going on for years, and has even sunk to the level of having had full-article coverage in the New Yorker mag.
<speculation>Here's some speculation, but I wouldn't be surprised if:
(1) the advisor roles for the Paul campaign are "honorary" (i.e. unpaid)
(2) Luskin and Schiff had a major falling out during some backroom/conference-call braistorming session / strategy meeting.
I actually expected him to pull back from the campaign, at some point, but i'm surprised it is so early, and I'm surprised to see him go straight to McCain, rather than just sitting out this election. I would suggest that the reason is a combination of dollars, and ego^2. Ego, because he wants to be SEEN to be on what he seemingly-rationally perceives will be the winning team, as opposed to Peter Schiff being with the doom-and-goomers on the "losing" team. Ego, also, because he was probably offered a position in a McCain administration. I hope they DON'T make him Secretary of the Treasury though. He really doesn't have a cabinet-level temperament. There's something a little bit unstable with him, the way he carries out these personal jihads against his fellow economists that happen to have different views. Not EVERYTHING needs to be taken to the personal level, and fought to the death.
When Giuliani's advisor's were said to be going without pay, in the lead-up to his dropping out, a figure of $25,000 per month was mentioned that one of his "Senior Policy Advisor"s was getting. My guess is McCain would have matched it for Luskin.
So, that's what you get for having an inflationary federal reserve system: 30 pieces of silver now cost you $25,000/month, or so. </speculation>
Oh, and it should be noted: Don Luskin and Steve Forbes share panels over at CNBC. Steve Forbes jumped on board the McCain ship not long back. it wouldn't surprise me if Forbes advised McCain to poach him, and that Forbes facilitated it.
A good part of the story will probably be revealed in the next day or two on Luskin's blog.
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