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Today's payroll report severely disappointed on the downside and left economists scratching their heads to explain the weakness. The explanation, however, is plain as day. As I have been saying for years, the US economy will not create jobs as long as the Fed keeps interest rates artificially low, and Congress keeps stimulating spending and consumer debt, punishing employers with mandates, regulations, and taxes, crowding out private investment with massive government borrowing, and preventing market forces from restructuring our out-of-balance economy. As new data comes in that continues to bolster my hypothesis, the politicians in Washington continue to follow the...

- via HyscienceSarah Palin blasts Obama for defending the QE2 in her new post titled "Obama’s Clever Way to Punt the Tough Calls: Driving the Dollar Down": In his press conference on Monday, President Obama responded to critics of the Federal Reserve’s decision to start a new round of quantitative easing – a fancy term for printing money out of thin air. He claimed this move would drive up U.S. growth rates. He also warned that “the worst thing that could happen to the world economy, not just ours but the entire world’s economy is if we end up being...

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

Of this season’s crazy, contentious, wide-open Senate races — in Ohio, Florida, California, Arizona, Nevada — none is as wild as what’s going on in Connecticut. In one corner: Democrat Richard Blumenthal, 64, state attorney general since 1991 and favored to win, up by over 40 points in the polls until this spring, when he was caught lying about having served in Vietnam. In the opposing corner: Republican Linda McMahon, 61, until last fall the CEO of World Wrestling Entertainment (WWE), billionaire and political neophyte. Since spending $22 million of her fortune, McMahon beat out GOP contenders Peter Schiff (campaign...

The Peter Schiff for Senate campaign released a new ad, titled “Kick”, which reveals the strong liberal ties of Linda McMahon, Schiff’s Republican primary opponent in the Connecticut US Senate race. http://www.youtube.com/watch?v=sMKP2UHeOa8 McMahon, a former wrestling promoter, has defended the Wall Street bailout, which a majority of Americans oppose, and made donations to Democrats including Rahm Emanuel, former Congressman and now chief of staff to President Obama.

... The following comments by Forbes were included in an email from Schiff to campaign supporters: “I have known Peter Schiff for several years. He has a deep knowledge of finance and economics. He had long warned of the troubles we now face. As your citizen-Senator he will be a fierce fighter for cutting spending, cutting taxes and repealing Obamacare.”

Who's Right--The "Stimulators" Or The "Austerians"? Peter Schiff Jun. 28, 2010, 9:03 PM Despite the apparent deficit-cutting solidarity that emerged from this weekend's G-20 meeting in Toronto, it is clear that the great powers of the industrialized world have not been this philosophically estranged since the end of the Cold War. Ironically, in this new contest, the former belligerents have switched sides - the capitalists are now the socialists, and vice versa. We now are witnessing a struggle between two camps that I playfully call the "Stimulators" and the "Austereians." Both warn that a worldwide depression will ensue if governments...

http://www.europac.net/media/PeterSchiff_05-26-2010.mp3 Finally, Peter Schiff talks about Sarah Palin Positive about her and would like her endorsement and hopes to talk to her one day and find out if she's truly legit for himself. C'mon Sarah, Endorse Peter!

http://schiffforsenate.com/?q=press-releases/schiff-earns-spot-primary-ballot

U.S. Senate candidate Peter Schiff, a Tea Party favorite known for his gloomy predictions about the U.S. economy, has qualified for the Aug. 10 Republican primary. Secretary of the State Susan Bysiewicz said today that Schiff gathered enough petition signatures he needed to challenge the endorsed Republican, former wrestling executive Linda McMahon. Rob Simmons, who qualified for a primary at the Republican State Convention, has curtailed his campaign, but he said today his name will remain on the ballot as well. "It doesn't change my thinking at all," Simmons said. "I am remaining on the ballot." Schiff, 47, the president...

Associated Press AP Political Writer June 7, 2010 HARTFORD, Conn. Connecticut elections officials are investigating whether Weston businessman Peter Schiff violated state laws by using out-of-state workers to collect signatures to petition his way onto the Republican primary ballot for U.S. Senate. In a complain obtained Monday by The Associated Press, James Bancroft, who said he was a founding member of the Hartford tea party group, claimed he was approached by a Schiff supporter outside a store in Newington last week and asked to sign a petition. Bancroft said he struck up a conversation with the worker, who said he...

But Simmons, who hinted in an interview earlier this week that he wouldn't continue the battle for the nomination if he lost at the convention, announced late Friday he would carry the fight into the Aug. 10 primary. ... But Schiff said that he would take advantage of Connecticut's open primary law and petition his way onto the Aug. 10 primary ballot nonetheless.

From Jim Hoft at Gatewaypundit. Connecticut Senatorial candidate and the man who warned America about the housing bubble and the ensuing financial collapse, Peter Schiff is at it again. This is well worth the listen because he explains why he believes the economy is in worse shape than in 2008 and headed for another collapse.

Listen to Peter Schiff Interview for New Book...

STAMFORD -- A plan formulated by the U.S. Senate campaign of Linda McMahon to pay students an extra $5 for each Republican registered during a voter registration drive at the University of Connecticut next week has drawn questions from election officials, lawmakers and at least one Republican vying for the nomination . . . "It's a practice that the Justice Department has frowned upon," Av Harris, spokesman for the Secretary of the State's office, which oversees voter registration, said . . .

U.S. Senate candidate Linda McMahon (R-Greenwich) said she supports President Barack Obama’s proposal to double America’s exports over the next five years, indicating that Congress should approve pending trade agreements and continue to expand its relationship with China, the largest country in the world . . . Mrs. McMahon said she has made tremendous progress since her entry into the race last September, when she trailed Mr. Simmons by 38 points in a poll conducted by Quinnipiac University. She noted that she led Mr. Simmons by 10 points in the poll that Quinnipiac conducted last month . . . CTMirror.com...

In a speech to Wall Street today, President Obama talked of a "failure of responsibility" in Washington and on Wall Street. But the financial sector is the most regulated part of the economy, so surely responsibility lies mostly with Washington. It was the federal government that created deposit insurance, which removed risk (and therefore caution) from bank deposits. It was also the feds that created "too big to fail," our new system of private profits and socialized losses. Most importantly, it was federal taxes and regulations that undermined our productive capacity, rendering us weak in the face of financial shocks....

HARTFORD — Richard Blumenthal’s campaign for the Senate was supposed to be a glide. Nothing and no one could stop him.

John Colbert for Congress. California’s 29th Congressional District Congress will be immensely improved by the replacement of the nihilist Adam Schiff with the conservative, moral John Colbert. Colbert is seeking the a spot on the ticket as a Republican to replace Democrat Schiff this November. To make a comparison,Go to the John Colbert web site:Colbert link Then visit an eyewitness report on the so-called Townhall Meeting, staged by Schiff: Report on Schiff JWThinkwright

For Republican candidates across the country, the movement du'jour seems to be a pledge to repeal health care reform if elected. Republicans are rushing to co-sponsor and promote efforts to repeal the bill on Capitol Hill. But not everyone is biting, exposing another fissure between the GOP's right and far-right. The latest GOPers caught in the mix are in Delaware -- with candidate Christine O'Donnell (R-DE) challenging Rep. Mike Castle (R-DE) to sign on to repeal plans. Castle, like every single Congressional Republican, opposed the legislation. But he said that repealing "is not realistic." Similar spats have sparked across the...