TAMPA, August 30, 2012 – Like Ron Paul, Peter Schiff was predicting the 2008 economic meltdown long before it occurred. Schiff is the president of Euro Pacific Capital, a firm that pursues investment strategies based upon Schiff’s contrarian economic analysis. Clients who took his advice over the past decade did very well, even after the financial crisis.
Both Paul and Schiff are proponents of the Austrian school of economics, which emphasizes free markets, sound money and Carl Menger’s subjective theory of value. Asked to describe what the “Austrian school” is, Schiff quipped,
“It’s kind of like you’re asking me ‘What’s Science? Or what’s astronomy, because you believe in astrology. Austrian economics is economics. Keynesianism is like a witch doctor. It’s all a bunch of nonsense, but politicians love Keynesianism, because it justifies what they want to do to get elected, which is spend more money, promise something for nothing, play Santa Claus.”
Schiff was Ron Paul’s economic advisor during the 2008 campaign.
Schiff became a national sensation when the predictions documented in his 2007 book, Crash Proof: How to Profit from the Coming Economic Collapse, came true. Not only was Schiff the darling of nationally televised financial and investing programs, but he found a whole new audience among Ron Paul supporters, who drove millions of page views to the You Tube video “Peter Schiff was right.”
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TAMPA, June 2, 2012 – Ron Paul may have stopped actively campaigning in primary states that have not yet voted, but his Revolution shows no sign of slowing down.
TAMPA, March 19, 2012 – Give yourself a test. Without doing a web search or whipping out that pocket U.S. Constitution that a wild-eyed Tea Partier handed you, fill in the blank in the following sentence: The U.S. Constitution guarantees to every state in the union a _____form of government.
Since the beginning of the Republican Presidential Primary race, we have heard that Ron Paul is unelectable. While many conservatives like some of Paul’s ideas on domestic policy, his non-interventionist foreign policy is supposedly a deal-breaker. Even in articles praising Paul on particular issues, reporters have without exception felt compelled to remind us that there is absolutely no chance that Ron Paul will win the Republican nomination for president. This “unelectable” label has been used exclusively against Paul.
According to the left-leaning media and punditry, the race for the Republican nomination for president is dominated by right wing extremism. Positions as frightening as phasing out Medicare and getting rid of the Department of Education are being bandied about, with the only solace for liberals being the knowledge that those positions will moderate once the primaries are over and the Republican candidate tries to appeal to voters beyond the Republican base.



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