Wikinvest Wire

Peter Schiff storms city hall

Tuesday, January 19, 2010

You've got to give Peter Schiff credit for trying to change the system, though, the Connecticut Senate race has changed rather dramatically since Chris Dodd said he wouldn't seek reelection. Peter does have some characteristics that make for a good politician, the most important of which is "a thick skin", however, there are an equal number of impediments.


Video and title by Palin Smith

One of the biggest factors that will probably hamper his chances is a clearly anti-American investment stance that many voters won't stick around long enough to hear explained. At just over the three minute mark someone asks how much money Peter has invested in America. The answer? Very little. It's a question he's likely to hear again and again.

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4 comments:

Anonymous said...

Talk about a turn of events -- Dodd pulls a Weicker and decides not to run, and Linda McMahon has emerged a serious candidate.

Dan said...

"They took r jobs!"

Since education in America lacks any teaching of real economics, people are likely to remain improperly informed.

Anonymous said...

Unfortunately his message to sophisticated for the ordinary voter.
Couple weeks ago on CNBC Kudlow show he couldn't in two simple words explain how he is different from his opponents.

Anonymous said...

Crowds are affected by propaganda, more than reason. Keep the message simple, and repeat it over and over. The message doesn't even have to be true.

The central bank has figured this out. It just keeps repeating over and over that things would be even worse without it. The fact that this is a lie doesn't matter. The fact that the CB has caused the current crises doesn't matter. All that matters is that they keep repeating their simple slogan over and over. They have figured out that the bigger the lie, the more likely people are to believe it.

Its incredible, but that's the way the world works.

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