The Star-Ledger reported earlier this week that Steve Lonegan, the unsuccessful Republican candidate for Senate in last year’s New Jersey special election, has a new job: leading the anti-gay, anti-choice American Principles Project’s sideline effort to bring back the gold standard.
Lonegan told The Auditor he is now the director of monetary policy for the American Principles Project, a conservative advocacy group. He plans to work to spread the gospel about what he says as the Federal Reserve’s “failed policy” and the need to bring back the gold standard.
“We will be working hard in states like Iowa, New Hampshire and South Carolina to see to it that the (presidential) primary candidates in both parties are forced to talk about this issue,” Lonegan said. “They can’t hide from it.”
The American Principles Project was started in 2009 by Robert George, the intellectual leader of the anti-gay movement, to pressure Republican politicians to embrace both fiscal and social conservative policies. APP currently employs Maggie Gallagher, who founded the National Organization for Marriage along with George and served as NOM’s first president.
In his new job, it seems that Lonegan will unite the main political interests of APP’s chairman Sean Fieler, a little-known hedge fund manager who has become a major donor to the Religious Right and to social conservative causes in New York and New Jersey.
As we noted in a profile of Fieler earlier this year, the gold standard seems to be a pet project of his, so much so that an idea that is widely dismissed among mainstream economists has become a major policy platform of the American Principles Project. The issue was mentioned nowhere in the group’s original mission statement and doesn’t seem to have appeared on the group’s website until Fieler came on board as chairman in 2010.
Fieler and the American Principles Project have a history with Lonegan. Fieler is the major funder of the American Principles Fund , a super PAC affiliated with APP, which last year spent nearly $100,000 running anti-choice ads against Lonegan’s Democratic opponent Cory Booker. Fieler himself has maxed out personal contributions to Lonegan’s recent campaigns, giving his candidate committee $10,400 over the past two years.
Now, Lonegan will bring his unabashed anti-choice and anti-gay politics (remember when he speculated about whether Booker was gay?) to help unite the American Principles Project’s social and economic policy priorities.
The Star-Ledger notes that until this year, APP employed Booker’s current Republican Senate opponent Jeff Bell.