Bob McCarty Writes

The Libertarian Party Convention caught the attention of the financial press today, but for different reasons.

Under the headline, Being Ron Paul, the Wall Street Journal ran an article this morning about the convention which starts today in Denver — but without the Texas Congressman.

WSJ writer Collin Levy describes Paul as the party’s real inspiration who will be there only in spirit. What he did not mention, however, was the fact that another man, former Georgia Congressman Bob Barr, will attend the convention as the party’s likely nominee.

Barr’s role at the convention was covered in a Bloomberg article by Lorraine Woollert a few hours later: Barr May Be Spoiler for McCain With Quest for Libertarian Vote.

Few Republicans, especially those on Wall Street, want to discuss the elephant-in-the-room issue (i.e., the impact a Libertarian candidate might have on the race in November). Personally, however, I think the “L” word might have a huge impact — and throw the election to Barack Obama. Ouch!

“Paging Ross Perot.”

Cartoon courtesy Political Graffiti

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