It's a thought that has been floating around in Libertarian circles since the election. Hell even it's been discussed at my local party meetings. Some say that for the good of the country we are going to have to swallow our pride, others believe that conservatives deserve to wallow in the mess they created by betraying their so-called principals for power. One my own personal gripe is why should we trust them when all they do is just pay us lip service and if they aren't paying us lip service they will use the fear game of the Democrats being in power.
Peter Schiff gave a speech to a group of Connecticut Libertarians a few days ago saying that the only way to get Libertarian minded people elected is to infiltrate the Republicans. Some say that it's impossible due to the fact that the influence the big government Christian Right and Neoconservatives still have. Then there are the Paleoconservatives who are mostly composed of old Cold Warriors who believe in economic crushing protectionist policies. With these three different types of conservatives who support big government one way or another it's really no wonder why we are skeptical of this idea, despite the amount of respect we have for Peter Schiff.
In all of our differences the one single thing that unites us is taxes for the most part. Things aren't getting better and time is getting short. If we are to take back the country from the right and left wing statist we are going to have to make a choice and hope it's the right choice.
Here is the video of Peter Schiff suggesting the idea