Saturday, the Libertarian candidate in the Washington State senate race, Bruce Guthrie, announced he is loaning his campaign over $1 million, according to the Seattle Times. But supposedly this is everything he's worth.
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http://seattletimes.nwsource.com/...]
"It's absolutely everything I could scrape together," he said. "I mortgaged my house, my only house, in Bellingham. And I put up all the savings that my [deceased] wife and I were able to save in our 17 years of marriage."
So why does a guy mortgage everything he has to spend on a sure-to-lose senate race? The article says this will trigger the "Millionaire's Amendment" allowing contribution limits to other candidates to increase. Is that true? If so, that's a big loophole. This could allow the both candidates to get more from people who are already maxed out. Could this help Republican, McGavick more? Usually a Libertarian would take more votes from a Republican, but with anti-war sentiment high it's harder to predict in this race.