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Peter Schiff For Senate Moneybomb Alert!

August 04, 2009 By: Phred Category: Uncategorized

Things are already gearing up for next years Congressional elections.  A number of incumbents from both major parties are extremely vulnerable.

One of the most vulnerable Senators is Chris Dodd from Connecticut.  Dodd, a Democrat is being scrutinized for being involved in a number of major scandals.  Chris Dodd received a VIP loan from Countrywide while serving on the Senate Committee on Banking, Housing, and Urban Affairs.  According to recent testimony, Senator Dodd knew that he was receiving a VIP loan.  He denies this.  Regardless of whether or not he knew that he was getting a loan below market rates, he did receive this loan (I find it difficult to believe that a member of the Senate committee in charge of regulating mortage firms did not know what the market rates were) and this is weighing heavily on his popularity.

Additionally, Senator Dodd was diagnosed with prostate cancer last week.  There are now rumors that he will step down due to his medical and political woes.

Enter Peter Schiff.

Peter Schiff is a stockbroker who owns Euro Pacific Capital.  He is well schooled in Austrian Economic theory, and is highly intelligent.  He holds strong free market views and was Ron Paul’s economic adviser during his Presidential campaign last year.  On top of that, he correctly predicted this current financial mess with amazing accuracy 3 years ago.

This video is quite interesting.  Watch how they literally laugh at him when he makes predictions about the cause and direction of the stock market.  The man was right.  We need a Senator like Peter Schiff who has a deep understanding of economics and knows that government actions (no matter how benevolently intentioned) have consequences.  He is running for Senate in Connecticut as a Republican and has a real chance of winning (he trails Dodd by only 4% with over a year before the election and is still relatively unknown).

On Friday, August 7th Peter Schiff supporters across the Nation are having a moneybomb.  For those of you who dont know what that means, a moneybomb is a grassroots effort where supporters of a candidate donate to that candidate on the same day.  Thousands of small donations combine and equal hundreds of thousands of dollars, possibly reaching a million or more.

I am asking everyone who believes sound economic policy and limited Constitutional government to participate in this moneybomb.  On Friday, please visit http://www.schiffathon.com/ and make a small (or large) donation to Mr. Schiff’s campaign–$17.76, $25, $50, or more.  Whatever you can spare.  This man has a real shot at winning, but cant do it without you!

Americanly Yours,

Phred Barnet

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2 Comments to “Peter Schiff For Senate Moneybomb Alert!”


  1. I will be donating to Peter Schiff all the way from Switzerland. This man’s convictions are removing government control of the economy without exception or haste.

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  2. for the record, this is not an illegal foreign contribution. Artur is a proud American who is working in Switzerland.

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