Free Republic

Peter Schiff vs Linda McMahon. Who do you support? "Judging by the barrage of direct mail and TV commercials at least, political newcomer Linda McMahon is waging a serious and deep-pockets campaign for the GOP nomination for U.S. Senate, where should would ultimately face the increasingly unpopular and ethically challenged Sen. Chris Dodd. "

Peter Schiff destroys the Democrats and Obama yet with his economic policies. Republican Peter Schiff is running for Senate in Connecticut. http://www.youtube.com/watch?v=yi9weNRxFss&feature=sub

There is very little difference between democrats and republicans and the people get frustrated with that. On the surface they pretend they are different and quibble about things; but at the end of the day they both want the same stuff, bigger government. They might argue on how we grow it but they all want it to be bigger and the argument is :should the taxes be 38% or 32%?’ No one is talking about having them zero or ten percent. They argue about the trivial stuff, there is no substantial difference. The Republicans are making a big deal about...

Republican candidate for Senate in Connecticut Peter Schiff destroys Obama's ideas for "bailing out" the American economy. http://www.youtube.com/watch?v=XipUWfxZ0lk&feature=subtivity

Video at site In a new video, one noted doomsayer, Peter Schiff, takes on another one, Nouriel Roubini, on the subject of gold. Nouriel Roubini believes every asset, including gold, is over-inflated due to the dollar carry trade. Schiff disagrees, and says Roubini doesn't understand the fundamentals behind gold -- that it's going to keep heading higher as a result of government action.

Republican genius, Peter Schiff talks about the Dumbocrats' stupid ideas for the economy. America is simply printing more money hoping that that will make people richer. http://www.youtube.com/watch?v=3pqQWzxMo2M http://www.youtube.com/watch?v=vHE6LBJjksg He is running for Senate in Connecticut, vote him IN, people. On healthcare: http://www.youtube.com/user/SchiffReport#p/a/u/1/LfGjqmG47cU

Peter Schiff is a Republican genius when it comes to the economy. He singlehandedly destroys Obama'a plan to save the economy. http://www.youtube.com/watch?v=46ItttTID3k&feature=subtivity

Peter Schiff's campaign website has been repeatedly targeted by cyber attackers, his brother and spokesman said this afternoon. The campaign has notified the FBI. Schiff, a Republican running for U.S. Senate, had planned a "moneybomb'' -- a one-day online fundraising blitz -- for today, but just minutes before midnight, when the moneybomb was set to start, the website went down, his brother, Andrew Schiff, said. "These are coordinated attacks,'' Andrew Schiff said in a brief phone interview. It wasn't the first time the website has been hit, Andrew Schiff said. The campaign had been targeted several times in the past...

...there was a New York Times article that predicted the housing/financial meltdown....the article was written about 5 years ago and re-posted on FR within the last couple of months...it outlined in detail how the Dems pressured lenders to make mortgages to low income/high risk borrowers....I can't find it....did anybody bother to save it?....I'd sure like to read it again...many, many thanks....and this time I'll save it like I should have done last time.

The GDP numbers out yesterday, which showed economic growth at 3.5% in the third quarter, brought a deafening chorus from public and private economists who all agreed that the recession is officially over. With such a strong report, they are happy to tell us that not only has the Fat Lady finished her aria, but she has left the building and is sipping champagne in the bath. As usual, it falls on me to rain on the parade. Even the giddiest commentators admit that the upside GDP surprise resulted almost entirely from government interventions. But, by pushing up public and...

THE FUTURIST: In your television interviews and your books, you talk a lot about the wealth transfer to Asia. According to your Web site, it’s one of the key components of your investment strategy at EuroPacific Capital. To what extent do you agree or disagree with some of the scenarios in the Global Trends 2025 report? Peter Schiff: Rising influence in Asia? I definitely agree with that, China more so than Russia. But there are other countries in the equation, like India. Japan will also have more clout in 2025. It won’t only be China and Russia that will see...

SICK POLL QUESTION: "SHOULD CONGRESSMAN ADAM SCHIFF BEAT HIS WIFE PUBLICLY?" I got an email from Congressman Adam Schiff (Democrat-Pasadena, California) today with one of his hoaked up opinion poll questions: "Should the health care reform bill include the public option?" (the buzz words "public option" means an option for a government run insurance policy as well as private insurance policies). This type of question already is conclusionary that a health care reform bill will be passed by Congress. In other words, the results are already loaded in favor of health care reform. The question is dishonest. It doesn't ask...

The latest Quinnipiac Poll is out and it’s more bad news for Sen. Chris Dodd. Despite a public relations blitz that had him returning to Connecticut for what seems like the first time in years, and a statewide email and choreographed “shout out” from President Obama in the Rose Garden, (Rob Simmons) is still leading Dodd 45%-39%.

Peter Schiff's day job is running Euro Pacific Capital, a Connecticut-based investment fund. But he's better known as the guy who called the housing collapse and recession back in 2006. Schiff, a hard-core free-marketeer and an adviser to Rep. Ron Paul (R-Tex.) during his 2008 presidential run, now moonlights as a cable news analyst and has become a YouTube fixture, thanks to the "Peter Schiff Was Right" mashups of his predictions. His latest job: seeking the Republican nomination to run against Sen. Chris Dodd (D-Conn.), chairman of the banking committee. Washington Post business reporter Frank Ahrens spoke with Schiff about...

Euro Pacific Capital head Peter Schiff predicts the Dow will fall another 90 percent from current levels when measured against gold, which he says will hit $5,000 an ounce. Schiff credits poor policy decisions over the past nine years for setting the U.S. dollar up to take a major fall against commodities and other currencies when China and Japan finally stop buying our debt. "Ben Bernanke is keeping his record of perfection intact of never getting anything right,” Schiff told Yahoo! Tech Ticker. “Once again he's gotten it wrong." "If the Fed really thought the economy was sound, why does...

The U.S. dollar will continue weakening, and investors may borrow it to invest in higher-yielding assets, says Peter Schiff, president of Euro Pacific Capital. “I don’t know when (the dollar) is going to strengthen,” Schiff told CNBC. “The dollar isn’t the new yen, it’s unfortunately the new peso.” A weak dollar and low U.S. interest rates push the greenback toward becoming a carry trade currency, which, like the yen for many years, attracts investors to borrow it cheaply to invest elsewhere. However, Schiff says, the dollar will weaken even further as the yen becomes a stronger currency, which makes the...

It’s been over a year since Rep. Ron Paul (R-Texas) energized libertarians with his presidential candidacy, but the movement he inspired continues to ripple across the landscape. In at least a handful of House, Senate and gubernatorial contests across the country, former Paul supporters have emerged as credible contenders — or possible spoilers — ensuring that his message, once relegated to the fringes of Republican politics, continues to be heard. Paul began the 2008 presidential campaign as an afterthought but quickly won the attention of a previously dismissive GOP establishment and news media by generating intense grass-roots and online...

Two high-profile entrenched New England Democrats -- Senator Christopher Dodd of Connecticut and Representative Barney Frank of Massachusetts -- have new challengers. Republican Peter Schiff, a broker, financial pundit, and supporter for Ron Paul, is in an increasingly crowded Republican primary for Dodd's seat. "He inherited the seat," Schiff said of Dodd today on Fox Business Network. It's like he's living in the House of Lords." (snip) Meanwhile, Republican Keith Messina, a mechanical engineer, announced today he's running against Frank in the Fourth Congressional District of Massachusetts. In a statement, Messina promised a "fresh perspective," pledged to focus on jobs,...

Peter Schiff, a Waterbury money manager, author and financial pundit, today used "Morning Joe" as the platform from which to launch his much-anticipated bid to challenge Sen. Christopher Dodd. The announcement came as no great surprise. There have been multiple reports, it was teased on a twitter feed and a grassroots group of California liberatarians have been pushing for Schiff to run for months. "Smashed your TV? Fix it and tune into Morning Joe at 8:15 tomorrow morning!," Schiff tweeted yesterday afternoon. A Web site for Schiff's campaign is already up and running.

The 2008 presidential campaign may be over, but the "revolution" spawned by Rep. Ron Paul's candidacy continues to echo through the political world. Paul (R-Tex.), capitalizing on a healthy distrust of government and his strident opposition to the war in Iraq, became an Internet phenomenon -- using the Web to raise an astounding $35 million for his long-shot candidacy. The financial network Paul built during his campaign has, amazingly, continued to reap dividends for two men seeking to be the congressman's political heirs in the 2010 elections. Rand Paul, who is running for the Senate in Kentucky and is the...

Like a battering ram in a medieval siege, gold keeps hammering away at the gate. For the third time in less than twelve months, the yellow metal is once again crashing into the $1,000 per ounce level. As of press time, it looks like gold will close above that level today and will set a new record in the process. Even if the breach is fleeting, who can doubt that it will mount another assault soon? In the meantime, there is no shortage of market analysts who are not buying gold while questioning the motives of those who are. Although...

One warns us of the phony debt economy and the coming crash. The other tells us we will be sorry because we didn't appreciate the ‘great’ Bush economy and minority homeownership that Bush accomplished. Notice in this fictional letter Levin reads, Bush is not warning us about Barney Frank or Clinton or CRA (all of which were partially responsible, but only partially, negated politically by Republican political bragging.) But both Levin and Hannity explained to us how these three were ruining the Bush economy, AFTER the crash Oct 2008! What is incredible is these outlooks were both made at the...

Rep. Ron Paul’s (R-Texas) presidential campaign will live on in 2010 in the form of two of his closest devotees running in key Senate races. And they are starting to have a real impact. Paul’s libertarian-leaning presidential bid, while notable for its novelty and the amount of money he raised, was never given a chance. By contrast, his son Rand Paul and adviser Peter Schiff are starting to be seen and felt in two of the biggest Senate races in the country.

After having given away billions faster than even the optimists had anticipated, it was announced today that the federal government's "Cash for Clunkers" program is coming to an early end. But, based on the standards of economic analysis which prevail in Washington, Wall Street and academia, the program must be considered a master stroke of public policy. These experts will tell you that by mandating that citizens destroy older (but still working) vehicles to receive $4,500 toward the purchase of a new car, the program not only revved up the economy by encouraging Americans to borrow more, but it may...

Potential U.S. Senate candidate Peter Schiff has a very simple plan for Washington D.C. Get rid of the politicians. “We need citizens, people who are in the private sector, to come to Washington, to really get a job done, and then to leave,” Schiff told Newsmax TV’s Dan Mangru. Individuals who become career politicians, such as his potential opponent Sen. Chris Dodd (D-Conn), are what’s wrong with Congress in Schiff’s opinion because eventually they get assimilated into Washington D.C. culture. Schiff points out that Dodd has never actually worked in the private sector, never ran a business, and has never...

Why not have the government subsidize the destruction of all sorts of things, then have consumers go into debt to buy new versions of them? Just to temporarily goose demand. Watch Full Video: http://www.cardealerreviews.org/?p=116370

Several outlets including NBC are reporting that WWE CEO Linda McMahon is considering running for a Senate seat. If she goes through with it, she'd run as a Republican against Connecticut Senator Chris Dodd in 2010. McMahon has already had some political success this year as she was successfully appointed to the Connecticut State Board Of Education.

The Peter Schiff Exploratory Committee for the U.S. Senate Republican primary in the State of Connecticut has successfully raised over $800,000 in just one month since it began soliciting donations. Over $300,000 of these donations were made since Friday after some of Peter's supporters organized a 'moneybomb.' This compares to the $753,000 raised by the Republican frontrunner Rob Simmons from April through June. It is our belief that Rob Simmons would've voted with Chris Dodd in favor of the government's stimulus plans and bailouts, which have gotten our country trillions of dollars deeper into debt. It seems as though the...

Rising U.S. stock prices — particularly following a 50 percent decline — say nothing about the health of the U.S. economy or the prospects for a recovery, says Euro Pacific CEO Peter Schiff. "In fact, relative to the meteoric rise of foreign stock markets over the past six months, U.S. stocks are standing still." "If anything, it is the strength in overseas markets that is dragging U.S. stocks along for the ride." There is an inexplicable but widely held belief that stock market movements are predictive of economic conditions, Schiff writes at GoldSeek.com.

There is an inexplicable, but somehow widely held, belief that stock market movements are predictive of economic conditions. As such, the current rally in U.S. stock prices has caused many people to conclude that the recession is nearing an end. The widespread optimism is not confined to Wall Street, as even Barack Obama has pointed to the bubbly markets to vindicate his economic policies. However, reality is clearly at odds with these optimistic assumptions. In the first place, stock markets have been taken by surprise throughout history. In the current cycle, neither the market nor its cheerleaders saw this recession...

Peter Schiff Thursday on MSNBC's Morning Joe. There is a ton of material in here besides the Senate discussion. Schiff articulates clearly that the financial crisis has passed but the economic one is still squarely upon us. His targets are moral hazard, Greenspan, Bernanke and the Fed. Scarborough mentions the SEC decision in 2004 that allowed leverage to balloon for the lucky 5, and also takes a shot at Paulson. Excellent discussion.

http://dailybail.com/home/peter-schiff-of-course-were-not-going-to-pay-back-the-chines.html?ref=patrick.net

Go to the video link athttp://dailybail.com/home/peter-schiff-of-course-were-not-going-to-pay-back-the-chines.html?ref=patrick.net

Peter Schiff, the libertarian economist and investor who’s launched a dark-horse bid for the U.S. Senate seat currently held by Sen. Chris Dodd (D-Conn.), is raking in cash from a Ron Paul-endorsed, 2007-style “moneybomb.” As of 3:30, Schiff supporters had raised more than $100,000 today for the candidate at Schiffathon.com, giving him more than $550,000 in campaign cash since entering the race in mid-July with the aim of raking in $750,000 by day’s end. By comparison, former Rep. Rob Simmons (R-Conn.), the front-runner for the GOP nomination, raised $753,000 from April through June.

Most interesting on this series is Daniel Hanan on the UK's Nastional Health Service. Part 2: http://www.youtube.com/watch?v=spI4Aetab3w&NR=1 Part 3: http://www.youtube.com/watch?v=qkBMe_7sRFw&NR=1

In an eight minute "interview", O'Donnell doesn't allow Schiff to complete a single sentence. Amazingly, Schiff keeps his cool.

Connecticut investment advisor Peter Schiff (R) is up with a new website for his exploratory Senate campaign (www.schiffforsenate.com), and the site reports he has already raised $465,000 online for his bid. Schiff is one of four Republicans running for the right to face Sen. Chris Dodd (D-Conn.) next year, and he looks to be successfully tapping many of the libertarian-leaning donors who helped long shot presidential candidate Ron Paul raise big money for his campaign. Schiff served as an adviser to Paul's campaign. Like Paul, Schiff has been the beneficiary of a series of one-day fundraising moneybombs, in which donors...

Schiff on The Ed Show

Supporters of Peter Schiff's nascent bid for U.S. Senate plan to unleash another money bomb, or one-day donation blitz, tomorrow. The goal, according to the money bomb website, is to raise $1 million in a single day. Schiff has formed an exploratory committee as he contemplates a run for the Republican nomination to take on Democratic incumbent Chris Dodd. Known for his outspoken opposition to federal bailouts and stimulus efforts, Schiff has made frequent appearances on CNBC and other networks and is credited with having foreseen the current financial crisis. He served as economic adviser to Ron Paul, who sought...

Have you heard the great news? The recession is over! It’s true; I saw it on TV. Why fret about growing unemployment lines when banks are paying big-time bonuses again? Proof of the turn was apparently revealed by the 2nd quarter GDP figures that showed that the economy declined by only 1%. After four consecutive quarters of negative GDP, the green shoots now assume that growth will resume over the summer. But before we pop the corks, it may be worthwhile to ask, “what really has changed, and what is responsible for our new lease on life?” In truth, because...

Have you heard the great news? The recession is over! It’s true; I saw it on TV. Why fret about growing unemployment lines when banks are paying big-time bonuses again? Proof of the turn was apparently revealed by the 2nd quarter GDP figures that showed that the economy declined by only 1%. After four consecutive quarters of negative GDP, the green shoots now assume that growth will resume over the summer. But before we pop the corks, it may be worthwhile to ask, “what really has changed, and what is responsible for our new lease on life?” In truth, because...

Seven House Democrats have written Attorney General Eric Holder invoking a list of grievances from radical Islamist groups and asking that Holder meet with representatives from those groups to hear their concerns, the Investigative Project on Terrorism has learned. The grievances include the use of convicted felons as informants in mosques, alleged religious profiling of Somali Muslims in Minnesota and elsewhere and allegations that the FBI is working with foreign governments to question American citizens who are terror suspects. In the letter, the representatives said: "These concerns raise legitimate questions about due process, justice, and equal treatment under the law....

I posted this a few days ago. The moneybomb for Peter Schiff's senate run has been moved to August 7th. We're trying to get 10,000 to sign up (already at just over 6,000) to donate on that day. Peter has said the major motivating factor in his declaring to run would be fundraising (he can't finance it all himself). If he doesn't run, all donations will be refunded! This is an important race next year. Peter Schiff is a true fiscal conservative who is polling well in Connecticut. Let's get him nominated to teach the RINOs, and most importantly, Chris...

Interesting...check out the man who wants to challenge Chis Dodd.

Yeah I know there is a bit of a difference between the austrian economics crowd and the usual friedman like supply siders who are conservatives...but both are capitalists and the only difference is really between how we deal with our monetary supply and Schiff has some credibility predicting the economic mess that occured last year...and he's not ron paul who is viewed as a kook and is horrible on foreign policy ...but will garner some of the paul people and will help with the young rebellious college kids..a way to soak up some of the hope and change crowd if...

Peter Schiff is considering a run for senate against Chris Dodd next year. He has said that if he sees significant support he will declare. Grassroots supporters are organizing a money bomb on July 27th. This is extremely important. Connecticut 2010 is a major race next year, and Peter Schiff is the guy that can win it: a true fiscal conservative who knows the economy. Please donate what you can on this date to motivate him to run and to send a message to the RINOs and, most importantly, Chris Dodd!

http://www.youtube.com/watch?v=l5VbZBpdaKc

In a free market, demand is always a function of price: the higher the price, the lower the demand. What may surprise most politicians is that these rules apply equally to both prices and wages. When employers evaluate their labor and capital needs, cost is a primary factor. When the cost of hiring low-skilled workers moves higher, jobs are lost. Despite this, minimum wage hikes, like the one set to take effect later this month, are always seen as an act of governmental benevolence. Nothing could be further from the truth...

Fixing health care is simple, says Euro Pacific Capital president Peter Schiff, a possible contender for Democrat Chris Dodd’s seat in Congress. "Given our current tax code, the simplest way to bring down medical costs would be to fully tax health care benefits as wages and simultaneously increase the personal deduction by an amount significant enough to neutralize the effect of the tax increase," Schiff writes in Taki Mag. Doing so would accomplish two things. First, the uninsured would get a huge pay increase, enabling them to buy reasonably priced catastrophic policies. Second, those currently insured could opt out of...

Economist Peter Schiff is looking closely at joining the GOP primary to face Sen. Chris Dodd (D-Conn.), and his polling shows he would be competitive in the general election. The polling, which was conducted by Wilson Research Strategies and obtained by The Backroom, shows Dodd leading the little-known Schiff within the margin of error, 42-38.