February 8, 2008A Bit StrangeDon Luskin (a frequent recipient of Three Sources links) signed on as an economic advisor to Ron Paul at the end of January. He even appeared on the new Fox Business Channel to promote Dr. Paul. However, it has been brought to my attention and now confirmed on Paul's website that Luskin has abandoned the Paul campaign exactly two weeks after the day he joined in order to sign on with Sen. McCain. Luskin has long been an advocate of Paul's candidacy even before becoming an official policy advisor. I am a bit perplexed at his abrupt departure (especially after promising Neil Cavuto in front of tens of FBC viewers that he would vote for Ron Paul even if he had to write him in). I know that blog friend and frequent commenter Perry Eidelbus has regular correspondence with Don. Any scoop Perry? GOP2008 Primary Posted by Harrison Bergeron at February 8, 2008 9:58 PM |
Love the comments:
-- Wow. That sucks. What a jerk.
-- Best of luck to him cuz he's gonna need it.
-- GOOD! He was def not part of the Revolution anyways!!!
-- ..he'll be sorry...
-- Does he have inside info that could damage us???
-- Good riddance!
-- Maybe HE was the traitor in the camp!!!! The less baggage we carry the better!
-- 30 silver coin guy.
-- Good riddance. Luskin is a douchebag anyways. See MetaMarkets for a good look at Luskin's record of success.
Why would he leave a group like that? It must have been the coffee...
Posted by: jk at February 9, 2008 1:22 PMDon didn't tell me why, and even if he had, I wouldn't talk about it with anyone else. I suspect it's because when the primaries narrowed down the GOP field, there was no point. Let's think reality for a second: not many more people are going to vote for Ron Paul in November than today, so Paul's staff should think about exerting their efforts in more effective ways.
Both Paul and Luskin have made their points, and they should be proud of it. McCain was hardly my first or second or even third choice, but right now, I'm pleased Luskin is now on his campaign. McCan needs Luskin to teach him supply-siderism. Someone needs to convince McCain to emphasize tax cuts too, not just spending cuts. Now McCain's campaign didn't offer me a job, so I guess it's up to Don.
Don is a registered libertarian, and I wouldn't doubt for a minute that he'd still vote for Paul in the election. Why do people equate accepting an advisor position with selling your soul? There's no implicit let alone explicit obligation of voting.
"See MetaMarkets for a good look at Luskin's record of success."
This is a tired old smear/misrepresentation. The truth is that Don and Dave Nadig started MetaMarkets near what turned out to be the very top of the market -- where there was no way to go but down. It wasn't a hedge fund that's designed to do well in bear markets, but a mutual fund with very innovative ideas.
Posted by: Perry Eidelbus at February 11, 2008 1:05 PMOh by the way, one particularly asinine commenter said,
"His website is poorandstupid ell, he is a Yale drop-out, so he does not have a strong financial/economic qualification."
Um, Luskin's plenty wealthy, all of which he earned himself. As vice chairman at Barclays, he was one of the top execs who managed 500 *BILLION* dollars. When Luskin told me that, he was in fact quite modest for the subject matter: "There are maybe 20 guys on the whole planet who can say that."
He dropped out of Yale, as he says, to join the real world. That saved him from ridiculous economic indoctrination.
And anyone who doubts Luskin's economic and financial qualifications clearly has never read his blog, or his books, or the info on his investment patents. Remember how retirement savings plans adjust investment risk based on age? Don has a patent on a pioneering technique.
Posted by: Perry Eidelbus at February 11, 2008 1:27 PM | What do you think? [3]