Thursday, July 29, 2010

Steve Forbes Endorses Peter Schiff for U.S. Senate

Steve Forbes on Wednesday endorsed Peter Schiff's bid for U.S. Senate in Connecticut.

"I have known Peter Schiff for several years. He has a deep knowledge of finance and economics," said Forbes. "He had long warned of the troubles we now face. As your citizen-Senator he will be a fierce fighter for cutting spending, cutting taxes and repealing Obamacare."

"Steve Forbes understands the massive strains the American economy is under, and to have his backing and trust means a great deal to me," said Schiff. "We need to restore free-market principles, get government out of the way and put people back to work. Steve's understanding of my vision, coupled with his backing, will help me get to Washington to make sure we grow the economy, not the government."

Linda McMahon, the former chief executive of World Wrestling Entertainment who said that she's willing to spend $50 million of her own money to win Connecticut's U.S. Senate race, continues to vastly outspend Schiff.

According to her latest FEC filing, covering the period from April 1 through June 30, McMahon put another $5.5 million into her campaign, bringing her total personal investment to $21.5 million — or more than seven times the amount Schiff has raised during the entire campaign.

A Quinnipiac Poll, released on Friday, of likely Republican voters in the August 10 primary showed McMahon with a commanding 39-point lead over Schiff.


  1. Schiff was a welcomed guest on numerous financial shows PRIOR to the economic collapse/being proved correct on most of his predictions about the economy. He provided a much-appreciated punching bag for pro-FED, pro-inflation, pro-governnment Keynesians on every cablenews/financial show.

    Now he has been successfully dismissed by the same producers/bookers that once welcomed him, and I doubt any endorsements from Forbes or anyone else can overcome the blackout on Schiff.

    Maybe Forbes could say, on air, something like "Well, Sean (Hannity)...if you're serious about conservative values, then why haven't you had on Peter Schiff who blows doors on the special interest and largely self-funded McMahon AND wrote a a book PRIOR to the meltdown predicting everything in advance???".

  2. Peter Schiff isn't really a conservative, he's more of a libertarian running as a Republican like Ron Paul. My guess is Hannity and other conservatives haven't had him on because of his social and foreign policy views.