It’s a Johnson/Gray LP ticket.

The Libertarian Party nominated former New Mexico Governor Gary Johnson for President of the United States, expressing confidence he will be able to find effective small-government solutions to the country’s most pressing problems and mount a strong challenge to his major party rivals.

Mr. Johnson was declared the party’s Presidential nominee after he won 70% percent of the vote in the first round of balloting by the 595 delegates of the National Libertarian Convention held at the Red Rock Resort in Las Vegas, NV. His closest challenger, R. Lee Wrights of Texas, finished second with 25% of the ballots.

In his acceptance speech, Mr. Johnson promised to present a clear and viable alternative to major party candidates, saying his victory in November will offer Americans effective solutions to slow economic growth, high unemployment and endless foreign military commitments that sap the country’s financial strengths. America, for the first time in modern history, is poised to reject the tired two-party duopoly that has brought the nation to its knees economically.

“I am honored and I just want to pledge that no one will be disappointed. We're going to grow the Libertarian Party.” said Mr. Johnson.

A successful businessman who lives in Taos, NM, Mr. Johnson is known as an unwavering crusader for fiscal responsibility, free enterprise and individual freedoms. During his gubernatorial tenure, he used his veto pen more than 750 times to forestall attempts to grow government and put an end to wasteful government projects. He cut taxes 14 while maintaining New Mexico as one of only four states in the country with a balanced budget. The state boasted a $1 billion budget surplus when Mr. Johnson left office in 2003.

In other news, Judge James P Gray is the nominee for VP:

The Libertarian Party on Saturday nominated Judge James P. Gray of California for Vice President of the United States, giving him a chance to take his agenda of downsizing the federal government and marijuana decriminalization to Washington.

Jim Gray was declared the party’s Vice Presidential nominee after he won 59 percent of the vote in the first round of balloting. He received 357 votes from the 600 delegates of the National Libertarian Convention. His closest challenger, Lee Wrights of Texas, finished second with 229 votes.

“I am proud. I am invigorated. I am excited. With Gov. Gary Johnson. I am determined to bring back prosperity and liberty to the United States of America.” Judge Gray said. A successful jurist who lives in Newport Beach, Calif. and presided over the Superior Court of Orange County, Judge Gray has been active in the Libertarian Party for several decades.