Rising Republican Star Mia Love of Utah Loses to Democrat

SALT LAKE CITY (Reuters) - Rising Republican star Mia Love, who would have become the first black Republican woman elected to Congress, was defeated in Utah on Tuesday by a moderate Democrat known for crossing party lines.

Six-time Democratic incumbent Representative Jim Matheson, Utah's lone Democrat in Washington, won the race for the state's newly created 4th district by less than a percentage point, according to the final vote tally.

"These 12 years have been the privilege of a lifetime to be your voice and represent Utah. I believe in building consensus and good ideas wherever they come from," Matheson said. "This is who I am, leading from the center and bringing people together."

Read the rest of the story at Reuters.com.


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The past several months have seen the price of gold slump even as the Fed and other central banks have accelerated their massive expansion of paper money. Gold is off about 20% so far this year with silver down almost 30%. The old adage--“don’t fight the Fed”--particularly comes to mind now because the US equity markets have been setting new highs during this same period. All of these gains are nominal, you understand, but for terrified American policy makers and investors, nominal is just fine.

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