Wire Report

(S4S) WESTON, CONNECTICUT – Today, Weston Republican Peter Schiff formally announced his candidacy for the U.S. Senate. Over the past few months, Mr. Schiff, a successful entrepreneur and well-known proponent of fiscal responsibility, has been inspired by his fellow citizens urging him to bring his principled approach to Congress. As he enters this campaign, Mr. Schiff’s priority is to serve the American taxpayer. Years of reckless federal spending have placed an immense burden on every American that Mr. Schiff vows to ease.

Peter Schiff was born to a working-class family in New Haven, Connecticut. His grandfather came to New Haven in 1910 and helped with the construction of the Yale Bowl. Mr. Schiff spent his childhood in New Haven during the 60s and 70s during which values were instilled in him by his family such as hard work, self-reliance, and loyalty-loyalty to friends, to family, and to country. After successfully building his brokerage firm, Euro Pacific Capital, in California, Mr. Schiff decided to relocate the headquarters to Connecticut in 2003. He currently resides in Weston with his seven year old son. Since returning to Connecticut Mr. Schiff has published two books: Crash Proof and The Little Book of Bull Moves in Bear Markets.

Mr. Schiff gained notoriety in 2006 with a series of national interviews in which he accurately diagnosed the dangers that confronted the economy and predicted the mechanisms that led to the crash. His correct prognosis of the sub-prime lending crisis and subsequent credit crunch made him a popular economic commentator. Ever since, he has tirelessly sounded these warnings.

In January of 2009, with the near-collapse of the financial system and revelations about the corruption of Connecticut politicians, calls began to surface for Mr. Schiff to run for office. An exploratory committee was formed in June.

To date, 10,000 individuals have convinced him to run for Senate with telephone calls and letters of support; additionally, they have raised over $1,000,000 on his behalf. Schiff now believes a run for the Senate is absolutely necessary to give a voice to the majority of Connecticut taxpayers who are misrepresented.

“I plan to bring my dedication and experience to the taxpayers of Connecticut. I may make mistakes in this campaign—but I will not make mistakes in representing you in the Senate. I look forward to an exciting race where I can share my vision with the people of Connecticut.”

Peter Schiff
Senate Candidate
September 17th, 2009

On the Web: SchiffForSenate.com • FixedNews Channel

Allison Bricker

Liberty activists flex fundraising muscle for Rand Paul.

BOWLING GREEN, KENTUCKY – In what became a familiar scene during the Republican Presidential Primary season, Liberty activists and bloggers came together amidst a recession to raise almost a half-a-million Dollars for Rand Paul’s Senate bid in Kentucky. The grassroots funding mechanism in conjunction with the latest poll results released earlier in the week lend even further credence to that Dr. Rand Paul is a legitimate threat to both his Republican Primary opponent, current Secretary of State, Trey Grayson and to either Democrat he could face next fall.

The success of yesterday’s moneybomb could realistically place his campaign on pace to out raise Secretary Grayson for the third quarter of 2009. Since making its official announcement on August 5th, the Paul campaign has managed a start most first time candidates can only dream about attaining. Many beltway analysts attribute his ability to capture radio and television appearances due to the brand created by his father, current Texas Congressional Representative, Ron Paul.

However, liberty activists point out that while name recognition is most certainly helpful, Rand Paul’s biggest asset is his admiration and dedication to defending the U.S. Constitution; perhaps even more so at a time when both major parties are seen ever increasingly as one in the same and whose approval ratings are also dismally similar. They point to the fundraising success of economist Peter Schiff who is considering a run for U.S. Senate against Senate Banking Chairman, Christopher Dodd in Connecticut. To date, Mr. Schiff, who is best known for forecasting the current economic collapse and deflating of the housing bubble, has managed to raise over $800,000 in donations whilst still in the exploratory phases of his campaign.

Whether the comparisons of Dr. Ron Paul to General Washington, who lost several opening battles to the American Revolution, but in the end won an unprecedented victory from the super power of the day, come to pass, remains to be seen. Nevertheless, the tireless band of new-media patriots along with candidates like Peter Schiff, Rand Paul, and Iraq veteran Adam Kokesh have the potential to indeed secure an intellectual revolution; the likes of which have not been seen since the ‘Age of Reason’.

Kelly

Free market economist and president of Euro Pacific Capital, Peter Schiff, not only predicted the current economic crisis, but has also been insistent about the growing economic power and rise of China.  The following video from CBS Evening News is very telling as it depicts the changing tide of the world’s top banks over the course of the last three years.

Kelly

Yesterday’s installment of Freedom Watch included trends forecaster Gerald Celente, John Stossel, free market economists Tom Woods and Peter Schiff, and as always Ron Paul.  Also, Judge Napolitano talks to Steve Bierfeldt of Campaign for Liberty regarding his detainment by the  St. Louis Airport.

Kelly

Judge Andrew Napolitano begins this week’s episode of Freedom Watch speaking with Alex Jones of infowars.com and The Obama Deception.  Other guests include Ron Paul, Lew Rockwell, Peter Schiff, Andy Levy,  Mark Skousen, and Cody Willard.

Hat tip to Liberty Maven!

Kelly

Another great episode of Andrew Napolitano’s Freedom Watch with guests Ron Paul, Lew Rockwell, Peter Schiff, Tracy Byrnes, John Tate,  and John Stossel.

Kelly

The third episode of Andrew Napolitano’s Freedom Watch with guests Glenn Beck, Representative Ron Paul (R-TX), and Peter Schiff of Euro Pacific Capital.

Allison Bricker

The second episode of Judge Andrew Napolitano’s new online only show “Freedom Watch” aired yesterday and featured Representative Ron Paul (R-TX), Peter Schiff of Euro Pacific Capital,  Lew Rockwell of LewRockwell.com, Cody Willard, and Tracy Burns both from the Fox Business Network. They discuss the hurried passage of the the Obama Administration’s bailout bill and the larger ramifications therein.

Much thanks go to LibertyMaven for uploading these clips to YouTube.

Allison Bricker

Judge Andrew Napolitano is hosting a new online only show on the Fox News website called “Freedom Watch”

The inaugural edition of the program aired yesterday and featured Dr. Ron Paul, Cody Willard of Fox Business, and Peter Schiff of Euro Pacific Capital. The interview runs about twenty minutes long and they discuss everything from the economic stimulus bill and dwindling inherent liberties to the failed notion of political parties.

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The show streams live on Wednesdays at 2 p.m. (EST)

On the Web: Fox News: The Strategy Room

Allison Bricker

With 2009 only just begun, it is utterly disheartening to bear witness to the further crumbling of our economy and nation as a whole at the hands of the plutocrats and central banking criminals. The fervor of the past election cycle has already become mired in cynicism; standard operating procedure for a Republic in decline. Most unfortunate however, is that according to analysis by Gerald Celente and “The Trends Research Institute“, it is only going to get much much worse from this point moving forward.

Gerald Celente, for those not familiar, is head of “The Trends Research Institute” based out of New York. His organization has correctly forecast a mind boggling number of world events all prior to their actual occurrence. Some of the more notable events were the collapse of the former Soviet Union, the tech-bubble collapse, the War in Iraq, the then emerging housing crisis, and the “Economic Panic of ‘08″.

Published in the institute’s “Top Trends of 2009″, the report forecasts the complete and utter collapse of the United States economy, followed by the beginning of the second American Revolution, quote:

“It is a matter of historical fact: When people are homeless, helpless, desperate, jobless and hungry, sooner or later they will rebel. And it won’t be any different in America.”

Vol. XVII, No. 1 – Top Trends of 2009 – Winter 2009
The Trends Institute¹

My default reaction to such statements is an immediate desire to cast them off as mere hyperbole, wild conspiracy, or publicity. While it most certainly would be instantaneously convenient to jettison such notions and the weighty ramifications therein, any attempt at doing such conjures up images from “The Ants and the Grasshopper” the Aesop fable my Grandmother use to read to me as a child.

For those of us who choose to delve past the soundbite constraints of the old media, it is not hard to see that the problems our Republic faces cannot be cured or swept under the rug with the premiere of another season of “American Idol”. This ponzai scheme of fractional reserve banking is tumbling. The talking heads who in the beginning of 2008 were still exuberantly advising investors to buy financial stocks like Bear Sterns, Merrill Lynch, and Goldman Sachs have finally been exposed as nothing more than charlatans and shills for the the criminals on Wall Street.²

Fellow readers, the same batch of Keynesian sycophants who kept condescendingly telling us the bailout was far too complex for “average people” to grasp are the same group of hacks who now instruct the masses that President-Elect Obama will offer Americans a miraculous salvation via the hands of even bigger government and continued deficit spending.

Honestly, there is no fix to the card game so long perpetuated against us and our posterity. The collapse is entering free fall status and will only be exacerbated by the impending default of commercial real-estate mortgages. My suggestion; educate your family and friends, buy food and toiletries such as razors and soap. Secure the things your family will need eighteen months from now, not iPods, BlueRay DVD players, plasma televisions, et al. If you have children, heed the advice of Peter Schiff, purchase the shoes and the clothes they will need next year – now, before the Dollar devalues.

If you can, also consider buying Silver. Whereas Gold is already out of reach for many, Silver is still attainable at the current approximate rate of $10 per ounce. As the paper currency RESERVE NOTES become little more than kindling for a fire³, coupled with a loss in demand for industrial Silver due to the implosion of electronic and appliance sales, Silver will continue to rise higher against the Dollar for at least the next twelve to eighteen months.

Whatever you do, just make sure you do something, this is not a drill. Inaction, inattention, ignorance is no longer an option. Unless of course you fancy becoming the grasshopper⁴.

Source(s): ¹Trends Journal – Vol. XVII, No. 1 • ²Peter Schiff was Right 2006 • ³The Concise Encyclopedia of Economics: Hyperinflation • ⁴ Aesopic fables by B. E. Perry, Number 373 – Loeb Classical Library, Harvard University Press