-- Posted Thursday, 16 July 2009 | Digg This Article | | Source: GoldSeek.com
Dear Friend,
As you may know, I am seriously considering seeking the Republican nomination for U.S. Senate in Connecticut, and I’ve launched www.SchiffForSenate.com to help me gauge support for my candidacy.
As one of the few economists with a record of successfully forecasting the recession, I can say with certainty that unless we return to true free-market principles, our economy will not rebound. Our families will continue to suffer. Unemployment and inflation will continue to rise. Our debt and deficits will continue to grow.
It is time to change course. Unfortunately, Congress and the President are continuing down the reckless path of more spending, more government intervention and more restrictions on free enterprise and individual liberty. Socialism has never worked anywhere, and it won’t work here. Washington must have the courage to stand by our founding principles in this time of crisis. Our politicians do not understand the stakes – which is why I am considering a run for the U.S. Senate.
But I am a practical man. I know that the political deck is stacked against me, and that wild card candidates almost never win. But I do have an ace up my sleeve, and that is like-minded people across the country who share my ideals. If I can’t translate that support into campaign cash, then I have no hope of defeating an entrenched political machine.
Polls suggest that the race is winnable and I am ready to make the personal and financial sacrifice necessary to run. But I can’t win this race alone. If the support is there, I will answer the call. However, if the public sentiment for my campaign is not there, and I decide not to run, I will return the unspent contributions. The decision now rests with you. So make your voice heard by contributing and signing-up at www.SchiffForSenate.com.
Free-market conservatives have an opportunity in 2010. With your help and support, I believe this will be our generation’s chance to make a difference for ourselves and our children. Join me at www.SchiffForSenate.com.
It’s time we made ourselves heard.
Best regards,
Peter Schiff
-- Posted Thursday, 16 July 2009 | Digg This Article | Source: GoldSeek.com
- Peter Schiff C.E.O. and Chief Global Strategist
Euro Pacific Capital, Inc.
10 Corbin Drive, Suite B
Darien, Ct. 06840
800-727-7922 www.europac.net
schiff@europac.net
Mr. Schiff is one of the few non-biased investment advisors (not committed solely to the short side of the market) to have correctly called the current bear market before it began and to have positioned his clients accordingly. As a result of his accurate forecasts on the U.S. stock market, commodities, gold and the dollar, he is becoming increasingly more renowned. He has been quoted in many of the nation's leading newspapers, including The Wall Street Journal, Barron's, Investor's Business Daily, The Financial Times, The New York Times, The Los Angeles Times, The Washington Post, The Chicago Tribune, The Dallas Morning News, The Miami Herald, The San Francisco Chronicle, The Atlanta Journal-Constitution, The Arizona Republic, The Philadelphia Inquirer, and the Christian Science Monitor, and has appeared on CNBC, CNNfn., and Bloomberg. In addition, his views are frequently quoted locally in the Orange County Register.
Mr. Schiff began his investment career as a financial consultant with Shearson Lehman Brothers, after having earned a degree in finance and accounting from U.C. Berkley in 1987. A financial professional for seventeen years he joined Euro Pacific in 1996 and has served as its President since January 2000. An expert on money, economic theory, and international investing, he is a highly recommended broker by many of the nation's financial newsletters and advisory services.
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