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Is America in a libertarian moment the 2012 presidential races that race pits two libertarian standard bearers.
Texas Republican congressman Ron Paul ran for president as a libertarian in 1988.
And -- Mexico's former two term governor Republican Gary Johnson.
And while both candidates are considered long shots ultimately to win the presidency the will of the voters to rein in big unconstitutional government is palpable -- Will there be a freedom loving president sworn in come January 2013.
Will there be a freedom loving candidate -- a major party running for president come November 2012.
Here now what is predictions as my friend David Bowes executive vice president.
At the Cato Institute David it's always a pleasure welcome back to freedom watch thank you are you surprised that it now appears that both.
Congressman Ron Paul.
Former governor Gary Johnson.
Will seek votes from essentially the same audience Barry Goldwater wing.
Of the Republican Party in a series of early primaries and New Hampshire and Iowa and South Carolina and I guess as far as they can.
They can go.
Well I'm a little surprise given his age and the fact that four years ago he had said I'm running because nobody else will talk about these ideas I had assumed that.
Ron Paul probably would focus this year on being chairman of the house subcommittee on monetary policy and let Gary Johnson take on the presidential race but it looks like he does want to run it looks like Gary Johnson is definitely running.
And in general.
You know Coca-Cola proliferation different kinds of Coke Diet Coke caffeine free Diet Coke and they figure the more kinds of Coke there are the more total market -- they'll get.
So I hope there'll be more total market share for libertarian candidate.
All right let me tell you what I think I suspect that you agree with me I think that the stimulus packages which began under President Bush and -- -- doubled in size and to President Obama on the bail outs.
Which began under President Bush continued.
Under President Obama the gross deficit spending which shed began you know when we started the FDR.
But really have accelerated -- President Obama sparred four trillion.
And just two years in office plus the Health Care Reform.
Have basically caused a lot of people otherwise unfamiliar with libertarian ideas.
To take a look at the constitution.
To take a look at the congress to realize my goodness many of the things that the federal government does it makes me pay for are not authorized.
Anywhere in the document that is supposed to confine the government do you agree or -- -- Yes I think that's right and I think the Tea Party enthusiasm has clearly.
Pressured Republicans to at least talk more about cutting spending cutting deficits controlling the size of government.
Actually eliminating something then they had done before and I think Ron Paul does get some of the credit for that especially.
The new attention to the Federal Reserve -- right back -- Ben Bernanke's holding press conference -- But I would point out judge there's also growing opposition to the war.
Growing support as -- marriage growing support for marijuana legalization so this isn't just a right wing.
This is this is I think a libertarian moment about retiring -- opportunity I agree with you both congressman Paul and and governor Johnson -- against all five war is that where involved and if you realize that we're in Yemen and Pakistan as well as Libya Iraq and Afghanistan.
I know you recognize that.
And that's a very good point did you make so let's get let's ask you to put your political hat -- How well are they going to do mining for votes amongst conservative Republicans by being anti war or stated differently.
Are a lot of conservative Republicans or Republicans who voted primaries becoming anti war.
Well it's a hard thing to predict partly because you don't know who will vote in primaries.
And there is this general sense that the Republican base is very conservative even though.
The fifty to 60% of the public that's willing to vote for Republicans in a general election is some -- more libertarian some what more centrist and so on.
The question is can those people be turned out in the primaries and realistically.
Ron -- into a very good job of that four years ago he raised a lot of money and a lot of interest.
But he didn't get that many votes I do think Gary Johnson has the potential.
To reach a new audience that.
Was less attracted to Ron Paul that can be attracted to Gary Johnson.
But can you get those people don't -- in a primary can you get their attention understood that Ron Paul has succeeded in bringing into the mainstream ideas that were once considered fringe like returning to the gold standard auditing the Fed.
Ending the Fed these are -- serious matters discussed by federal courts discussed by members of congress and of interest to voters is almost singlehandedly educated the public.
On the virtues of these ideas.
Yes that's right and that makes a big difference there's a big article in the daily speech today that says Ron Paul is the most important intellectual influence in the Republican Party right now but -- because aren't a lot of competitors.
But that he is ultimately not electable but Gary Johnson who has proven he can win in a democratic state.
-- -- for the nomination but more successful on about general election ballot -- have you back to talk about more of this as the -- as we get closer to the primaries David -- thanks for joining us thank you.
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