Posted: August 12th, 2010 by Militant Libertarian
Mili Note: Primary elections are almost always the purview of the party liners, the ones who believe in Party First, etc. They usually boil down to one issue when choosing a candidate to front the party for that specific office: “Can this candidate win against the opposition?” Whether the party in question is Democrap or Republicon, the issue is the same. The few who participate and vote in party primaries are the ones who worry about survival of The Party above all else. It’s no wonder Schiff lost to an entertainment mogul whose job has included such non-socially-conservative things as portraying a wife who’s cheated on her husband, a wife who uses her children to get back at her husband, a woman who has participated in sexual behavior on national TV, etc. Those who see all of this from the outside know that there is little difference between one party and the other. The differences are only in names and rhetoric, not results.
The millionaire former head of WWE, Linda McMahon, won the Connecticut GOP primary last night– having outspent her opponents and enjoying name recognition from her wrestling celebrity, as well as having the GOP establishment behind her– beating out Peter Schiff.
Schiff is the CEO of Euro Pacific Capital. He predicted the current financial crisis, appearing on numerous television shows years ago warning that the United States economy was heading for a meltdown while being laughed at by mainstream media pundits, many of whom advised viewers to invest in firms that ended up going bankrupt. In 2006 Schiff was even challenged to bet a penny that there was no risk of a recession by former economic advisor to President Reagan, Art Laffer, who had accused him of being “way off base” in his predictions.
Since then not only has that recession come, but it’s now being classified as a depression.