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Bruno
10-20-2009, 11:05 AM
Peter Schiff; Will Ron Paul Publicly Support His Senate Campaign?
Posted on | October 20, 2009 | 1 Comment


On September 17th, 2009 Peter Schiff officially announced his candidacy to challenge Senator Christopher Dodd for the Senate seat of Connecticut. Mr. Schiff was an economic advisor to Ron Paul’s presidential campaign. In support of Dr. Ron Paul, Schiff made the public statement, “We need a plan that stimulates savings and production not more of the reckless borrowing and consumption that got us into this mess in the first place. Ron Paul’s plan is the only one that amounts to a step in the right direction. If you want meaningful change, for the better that is,Ron Paul is the only candidate capable of delivering it.” During the campaign, Schiff expressed his strong support of sound money, limited government and free market capitalism.

Dr. Ron Paul and Peter Schiff agree on many economic issues that are plaguing our country. The declining value of the dollar due to the overspending of the Federal Reserve Bank is a hot topic at the current time and each of these men have expressed their concern that the Federal Reserve continues to print paper money out of thin air. The United States currency is not backed by any tangible asset which, in essence, makes our currency worthless as we continue to print more in an attempt to buy our way out of this recession.

Peter Schiff and Ron Paul agree that when the Chinese and other major investors of American debt finally stop sinking money into our country we are in big time trouble. The number one investor of US Treasuries is China. When the Chinese decide that the yields on these investments are not attractive it is going to cause chaos in for our financial system. Ben Bernanke and many other government officials have avoided this issue and are letting it continue to build as they print more paper money.

With this in mind, Peter Schiff is going to ruffle some feathers in his campaign for Senate. It will be very interesting to see if Dr. Ron Paul comes out and publicly supports Mr. Schiff in his Senate campaign. Make sure to return to Subprime Blogger to get your Peter Schiff news. We also write columns on Jim Rogers, Ron Paul and Gerald Celente as these men have done a great job of pointing out some of the problems America faces. Each of these men correctly predicted the decline of the dollar and the subsequent commodity bull market. We will continue to keep you updated on the commodity bull market as well as commentary from these individuals. The columns are located in the Current News section with a link located below.

http://www.subprimeblogger.com/2009/10/20/peter-schiff-will-ron-paul-publicly-support-his-senate-campaign/

gls
10-20-2009, 11:16 AM
Ron Paul has already come out in support of Schiff's campaign. I received this email on August 7 09 from Paul's congressional campaign commitee.



Dear Supporter,

Our good friend in Liberty, Peter Schiff, is planning a run for Senate in Connecticut against Chris Dodd. The grassroots across the country are organizing a money bomb for him today to raise money and send a powerful message to the political elites that freedom is popular and that Liberty can.

Our contry needs Peter Schiff in Washington, and you can help today. Please go to www.Schiffathon.com right now and make a contribution. Together, we can help make history.

In Liberty,

Ron Paul

erowe1
10-20-2009, 11:21 AM
A prior question should be, will Schiff publicly support Schiff's campaign? Or is Youtube it for him?

RonPaulFanInGA
10-20-2009, 11:26 AM
Yeah, Schiff's candidacy is starting to feel like that of Fred Thompson: that he was reluctant but jumped in after being egged on but his heart is not really in it.

Chieftain1776
10-20-2009, 11:33 AM
As Connecticut resident G-Wohl observed Ron Paul probably wouldn't help Peter Schiff in CT. He's still viewed--the irony of the Kentucky race notwithstanding-- as a raging theocrat. Such is the predicament of a constitutional conservative:rolleyes:

gls
10-20-2009, 11:54 AM
A prior question should be, will Schiff publicly support Schiff's campaign? Or is Youtube it for him?

I am not involved with the campaign but I imagine he is still in the process of laying the necessary groundwork. There is plenty of time; the CT GOP primary isn't until August 2010. By contrast the Kentucky primary is in May.

Of course anyone with questions about his campaign strategy can call up and ask him during his weekly podcast Wednesday nights. He might not be willing to divulge too much in a public forum, however.