Monday, January 04, 2016

Looks Like Johnson is Actually Going to Throw in

Gary Johnson resigned today as CEO of Cannabis Sativa, Inc. "to pursue political opportunities" (hat tip -- Bruce Majors). Which, of course, means he's planning to go after the Libertarian Party's presidential nomination again.

As J. Wilson points out at (in a mis-titled post implying that it's "official" -- it won't be until and unless Johnson actually declares), Johnson has some real problems.

He drove his 2012 Republican presidential campaign six figures into debt, then hit up the Libertarian Party to get him a government "matching funds" welfare check. Then he drove his general election campaign seven figures into debt, where it remains as of now. Also, in a year-and-a-half as CEO of Cannabis Sativa, Inc., he managed to tank its stock price -- down by about 93% from $10.75 a share to less than 70 cents a share.

Of course, his most likely "main" opponent, John McAfee, also managed to lose considerable money, going from a net worth of about $100 million (after selling his eponymous anti-virus software company) to $4 million or so in the 2008 financial collapse. On the other hand, McAfee's latest project has already raised five times its goal on IndieGoGo, so he seems to be on the way back up, unlike Johnson.

I'm still with None Of The Above, with Darryl W. Perry as my second choice, but I think McAfee has great potential if he gets back to his earlier, more libertarian roots and away from some of the deviations in his campaign site boilerplate.

Johnson, not so much. He's yesterday's bad news. The LP should have nominated R. Lee Wrights last time and would be stump-stupid to make the same exact mistake twice in a row.

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