This blog is focused on the Fiat currency changes that are taking place as the US Dollar slowly changes from the reserve currency, and is supplanted by ? A basket of currencies including (but not limited to) the BRIC countries. Brazil, Russia, India and China? IMF SDR? The "Amero"?

Thursday, September 17, 2009

Peter Schiff to run against Chris "Countrywide Mortgage" Dodd

http://tpmdc.talkingpointsmemo.com/2009/09/economist-pete-schiff-announces-run-against-chris-dodd.php

Hopefully Schiff will be able to channel the publics opposition to the bailouts into a Senate win and Ron Paul will get some help in bringing some common sense back to the vipers den that is Washington DC. While I am not optimistic that he will win let alone be able to reign in the statists, I do *hope* that he wins.

For those that are late to the party, take a look at the following to get up to speed

http://video.google.com/videoplay?docid=3915119166991168859

http://www.youtube.com/watch?v=2I0QN-FYkpw

Also, while Peter Schiff (among others) was right in calling the housing crisis, his investment advice in how to deal with it, may have been a little early. See this post from Mish for more details.
http://globaleconomicanalysis.blogspot.com/2008/11/peter-schiff-hugely-right-enormously.html

Full Disclosure: I gave the Schiff campaign $100. I hope he beats Chris Dodd. Further more I hope we are able someday to charge Chris Dodd (and others) with treason.

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