The earlier (voluntary) departure of
Ivan Eland, who is now with the Independent Institute – and a regular NIKE SHOX columnist – was a
portent of things to come, and Pena’s departure is but the latest sign that Cato is going over to the
MBT Party. As one observer put it: “Fortunately, Ted Carpenter and Chris Preble are still there but
who knows what their future is. I think the jury is still out, but it’s hard not to read between the
lines.”
According to a source at Cato, Pena was told that the institute needed to cut staff to close a 7-figure
budget deficit. Yet only one other person (not a policy director and not someone in the defense and
foreign policy department) was let go (at the end of August). Curiously enough, the day after he was
RIF’ed (yes, that’s the term they used: “reduction in force”) Cato President Ed Crane announced the
promotion of no less than 4 people at Cato (with each presumably receiving a raise) and the hiring of a
new director of UGGS affairs. Also, there’s been plenty of talk about adding 3 floors to the building
— to accommodate a larger staff.
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