Peter Schiff to take on Dodd

[Valuist]

When it comes to the economy, Peter Schiff gets it......Christopher Dodd doesn't. Have to think Schiff will have a shot at taking down Dodd in the 2010 CT election

http://www.cnbc.com/id/15840232?video=1265206600&play=1

[Warren Henry]

When it comes to the economy, Peter Schiff gets it......Christopher Dodd doesn't. Have to think Schiff will have a shot at taking down Dodd in the 2010 CT election

http://www.cnbc.com/id/15840232?video=1265206600&play=1
Can he convince the folks in CT to elect him?

[mostpost]

Can he convince the folks in CT to elect him?
Peter Schiff has about as much chance of beating Chris Dodd as I do of beating Rachel Alexandra in a mile and a furlong race.

[mostpost]

Did I get this right? He (Schiff) said we need to raise interest rates so that people (Consumers) will not be able to borrow money. That will free up the money supply so that businesses can borrow money and hire employees to work for them.
My question: To do what? To produce goods that consumers can't buy since they have no money? How long are these jobs going to last if no one is buying the products? And this is how all of you guys think. :eek: :eek: :eek:

[PaceAdvantage]

Did I get this right? He (Schiff) said we need to raise interest rates so that people (Consumers) will not be able to borrow money. That will free up the money supply so that businesses can borrow money and hire employees to work for them.
My question: To do what? To produce goods that consumers can't buy since they have no money? How long are these jobs going to last if no one is buying the products? And this is how all of you guys think. :eek: :eek: :eek:The fact that you include Schiff in with "you guys" speaks volumes...

[Valuist]

Did I get this right? He (Schiff) said we need to raise interest rates so that people (Consumers) will not be able to borrow money. That will free up the money supply so that businesses can borrow money and hire employees to work for them.
My question: To do what? To produce goods that consumers can't buy since they have no money? How long are these jobs going to last if no one is buying the products? And this is how all of you guys think. :eek: :eek: :eek:

Why would they not be able to buy? The more that are hired, the more that can spend (rationally). I guess you want a return to the nutiness that caused the problem? What and who do you think was the root cause of the meltdown? It was the people who got over-leveraged and bought houses they couldn't afford. Yeah, the mortgage companies are somewhat to blame for encouraging them, but nobody held a gun to anyone's head to buy. The fact is, the economy will heal best (not necessarily quickest) by letting market forces work.......not increased government intervention which will only prolong problems.

[illinoisbred]

When it comes to the economy, Peter Schiff gets it......Christopher Dodd doesn't. Have to think Schiff will have a shot at taking down Dodd in the 2010 CT election

http://www.cnbc.com/id/15840232?video=1265206600&play=1
Really, anyone with a pulse should be able to take down Dodd. After he takes care of his health issues perhaps he should start a new career selling Buicks in Hartford. He's so full of sh t so selling cars should be right up his alley.

[witchdoctor]

How could he Schiff win? He just makes crazy predictions.

http://www.youtube.com/watch?v=Z0YTY5TWtmU

[Valuist]

Great link. Some of those guests and commentators look absolutely foolish arguing with Schiff.

[Tom]

Linda McMahon, wife of Vinny Mac, WWE chairman, has resigned her post on the board and is going to run for Senate.

The question now is, which has more credibility, Professional Wrestling or the US Senate?


Hmmmmmm.