Greg Sargent is reporting on his Washington Post blog that Libertarian Peter Schiff, the CT-based brokerage owner who is known for having predicted the financial meltdown, is “leaning towards” challenging Chris Dodd for Senate.
“It’s better than 50-50,” Schiff told me a few moments ago, saying he’d decide in the next “two to three weeks.”
National Dems say they would take Schiff seriously, because of his personal wealth and because his predictions have made him something of a YouTube folk hero. He’s a libertarian…and he says he’s inherited many of Ron Paul’s fans. One former Dodd operative conceded he has a “huge grassroots following.”… Schiff suggested he would portray Dodd as asleep at the economic switch at a time when Schiff saw the collapse coming…
Schiff says he has the means to easily self-finance his race, or could easily raise the money via his newsletter, which is read by a fair number of wealthy people. Schiff’s libertarianism probably puts him well outside the mainstream, and he’d still have to clear a GOP primary. Still, it’s a contest that the media would love.
There’s already a Schiff 2010 site up and running, from which I learned that Schiff will be appearing Glenn Beck’s Fox show this Thursday and supposedly on appearing The Daily Show, in the next couple of weeks. (The post was by “Dagny Taggart” which made me chuckle- for anyone who doesn’t recognize the name, she was the heroine of one of my favorite books in my 20’s, Atlas Shrugged, by Ayn Rand.) A moneybomb on the site on one day in February raised over $22,000. Simmons and his widget team should take a look at that.
Here’s one line from “How Peter Schiff would fix America” that might not go down so well with recession hit voters:
“Let it collapse today so it can prosper tomorrow.”
Still, his involvement would certainly make things interesting. Does Schiff run as a Republican in the primary or as an Independent?