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Topic started on 11-10-2009 @ 07:43 AM by St Udio
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I am usually adverse to authoring threads,
but in this case -> economic analyst, CEO, commentator...Mr Peter Schiff
announced he is challenging the CT Senate seat held by Sen Chris Dodd.
Peter Schiff
Oct 12, 2009
Dear Friends,
www.schiffforsenate.com.
As you may know, I have decided to run for U.S. Senate from my home state of Connecticut....
Make no mistake about it, winning a U.S. senate seat will not be easy. First, I need to get through a highly contested Republican primary featuring
some very well-funded and high-profile opponents. Then, I need to defeat a five-term incumbent Democrat who chairs the Senate Banking Committee.
Though Chris Dodd is unpopular now, he has a lot of powerful friends, including President Obama...
...these are unique times, and politics-as-usual may no longer secure the re-election of a skilled politician. Though Dodd will try to turn my lack of
political experience into a liability, it is much more likely to be an asset in the current climate. Conversely, Dodd's lack of private sector
experience raises questions about his ability [to] lead this country out of an economic crisis, especially one that he and his buddies in Washington
created.
Thank you for your time and for sharing this message with your friends and relatives. I'll see you on the campaign trail.
Regards,
Peter Schiff
Oct 9, 2009
Peter Schiff
C.E.O. and Chief Global Strategist
Euro Pacific Capital, Inc.
see source: www.321gold.com...
I have no contributions to make, but i wish his venture well...
considering the statement contained in the above snip: "
...an economic crisis, especialy one the that he and his buddies in Washington created"
~?~
[edit on 11-10-2009 by St Udio]
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reply posted on 11-10-2009 @ 09:40 PM by Hemisphere
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reply to post by St Udio
I'm definitely not a Dodd fan with his inability to produce his "Countrywide" mortgage documents following the national mortgage fiasco. How is
that allowed to go on? I don't know much about Schiff but I've seen his commentary on MSNBC and he tends to rock the MSM boat. He seems a straight
shooter but who knows for sure. What I do know is Dodd is a problem for the country and tipping his apple-cart can't be a bad thing.
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reply posted on 12-11-2009 @ 05:05 AM by St Udio
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side bar to Hemisphere:
Dodd, is lately making his presence known ~re; health care/insurance reform~
~~~~~~~~~~~~~~~~~~~
The foremost reason for this BUMP, is that the small community of support for 'Sound Fiscal & Financial responsibilty' is growing...
ran across this endorsement just this morning , Thur 12 Nov '09
+ Sound Money Candidates Running For Congress +
Inquiring minds might be interested in sound money candidates running for office. Here is the list that I am aware of.
Ron Paul - Texas District 14: Ron Paul For Congress
Jake Towne - Pennsylvania District 15 - Towne For Congress
John Dennis - California District 8 - John Dennis For Congress, Defeat Pelosi
Mike Vasovski - South Carolina District 3 - Mike Vasovski For Congress - Sound Money Constitutional Government
Rand Paul - Kentucky Senate: Rand Paul for Senate
Peter Schiff - Schiff for Senate
()I endorse all the above candidates for office.
Mike "Mish" Shedlock
globaleconomicanalysis.blogspot.com...
So Do I 'Mish'...So Do I.
Too bad i vote in District #1 in SC... and candidate Mike Vasovski is running in SC District #3
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reply posted on 19-11-2009 @ 07:41 AM by St Udio
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since Schiffs' campaign has no news releases...
We'll need to read his articles, essays... the latest which shows how keen his insight is:
++ U.S. Job Losses Demystified++ (77 comments)
by: Peter Schiff November 15, 2009 | about: SPY
++ As the unemployment rate crossed the double digit barrier for the first time since Michael Jackson learned to moonwalk, President Obama
announced that he will convene a “jobs summit” to finally bring the problem under control. Using all the analytic skill that his administration
can muster, the President is determined to figure out why so many people are losing their jobs and then formulate a solution.
sounds like another example of 'policy by Committee' leadership.
That's a relief; for a while there, I thought we were in real trouble! In fact, the absolute last thing our economy needs is more federal
government interference
Now , below is an example of a government statistic created & intended to portray a rosy & desired picture...But is actually backfiring on the
government GDP analysts
However, the flaw in GDP calculation allows the output of those foreign workers to be included in our domestic tally. Since we count the output
but not the worker responsible for it, government statisticians attribute the gains to rising labor productivity. To them, it looks like companies are
producing more goods with fewer workers.
~source~ seekingalpha.com...
since there is little 'campaign' news, it would be informative to look into candidate Schiffs' inner workings/mindset
by PeterSchiff:
see the above link for a menu list of recent articles he has posted / written
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AboveTopSecret.com is advertising supported.
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reply posted on 15-12-2009 @ 09:37 AM by St Udio
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~ Perhaps i should not be posting Only the articles i favor by Schiff...
i was rather thinking you all, the readers would be contributing some,
(because i wasn't doing a total canvas job, & you'ld take up my slack)
Wrong
anyhow here's the latest on Schiff and his confrontation with;
the financial takeover beasts..
Peter Schiff www.321gold.com...
Dec 15, 2009
Although Barack Obama has refrained, at least for now, from delivering triumphant speeches in a naval flight suit, there is nevertheless a
strong tone of accomplishment emanating from the President and his deputies. Over the weekend, top White House economic adviser Lawrence Summers even
pronounced that the recession is now over. Without hedging his bets, Summers declared that thanks to the Obama Administration's wise stewardship,
economic stimuli, and emergency bailouts, another Great Depression, set up by the prior Administration, had been narrowly averted. Summers saw no
impediments to the return of sustainable growth. He may as well have delivered these remarks from the deck of an aircraft carrier.
I hate to shoot down these high-flying expectations, but the economy is not improving. All that has changed is that we are now more indebted to
foreign creditors, with even less to show for it. Washington's current policies have once again deferred the fundamental, market-driven reforms
needed to redirect us onto a sustainable path. Instead, through aggressive monetary and fiscal stimuli, we are trying to re-inflate a balloon that is
full of holes. This was the Bush Administration's exact response to the 2002 recession. It's shocking how few observers note the repeating pattern
...
~but Summers is not the only mouthpiece in Obamas house...~
there's the contrarian that has not yet been muffled, Snip from the same above linked article:
Paul Volcker, the only independent voice in the Administration, has not been deceived by his colleagues' sunny claims. He recently noted that our
economy still evidences "too much consumption, too much spending relative to our capacity to invest and export" and that the problem is "involved
with the financial crisis but in a way [is] more difficult than the financial crisis because it reflects the basic structure of the economy."
Also... an enlightning read is the most recent RollingStone article by Matt Taibbi, ->> find out just where many of the
Obama-the-campaigner staff got shipped off to...when they were culled from WH departments or Cabinet positions... ?Obamas coat of many colors?
www.rollingstone.com...
thanks,
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