While he acknowledged the barriers facing third parties in the United States political system, Weld said he thinks their presidential chances in 2020 are at least as good as Donald Trump’s chances were in 2016. And while he says the Libertarian Party should be “serious” about the presidential race, Weld has been getting involved in local elections where the party has a candidate. A former Republican himself, Weld also said he plans to try to recruit libertarian-leaning members of the two major parties to defect like he did.
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He didn't defect he was rejected, he didn't win re-election. He has some name recognition left in him, like Johnson and I feel personally that is why they were chose to be the front runners for the party last time around. It wasn't that they have been Libertarians for a number of years it was what they could bring to the party in name recognition. They won't even come close to getting on the debate stage even if he does manage to raise a hundred million dollars for the campaign. He's thinking in terms of Trumps election where if someone had a hundred million and could run they'd stand a chance....but what he is forgetting is that Trump was practically a household word from the get go to.