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September 18, 2009

Contributed to Peter Schiff’s Campaign

Filed under News — How To Be Poor @ 4:39 pm

I finally decided to contribute to Peter Schiff’s campaign for senate from the State of Connecticut. Why? Because like Jim Rogers, Lew Rockwell, and Ron Paul, Peter is an Austrian economist, which, I believe, is extremely important in today’s insane economic climate.

I’ve never understood why it is important for a person to save and delay gratification, while the same thing is irrelevant for a government. Some have the balls to point to a Fallacy of Composition, but I laugh at those morons … Peter is one of the very few who understand that we as a country can no longer rely on foreign governments purchasing the US debt so that it can fuel US consumer consumption, which is 2/3 of the entire US economy.

At any rate, I’ve been following Peter for a very long time … Made some money following his advice, and will continue to listen and take to heart everything that man says. If you’re anything like me, please research investment into foreign commodities and precious metals …

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4 Comments »

  1. You are an idiot for supporting Schiff. You probably also doubt our ability to borrow and spend our way out of this recession. Besides, the Fed can print up all the money we will ever need.

    If you Austrians are so smart, why aren’t you at the top echelons of the academic establishment? Silly libertarians. Still believing that freedom and hard money matter.

    C.

    Comment by Charlie Broadway — September 19, 2009 @ 2:47 pm

  2. I read your blog. You’re being sarcastic !!! Thanks for the comment.

    Comment by How To Be Poor — September 19, 2009 @ 8:16 pm

  3. I may support him too. Its true that he’s kind of like a broken record, but somebody has to say what needs to be said. Certainly, he is turning out to be right on Gold, (but wrong on Equities.)

    Comment by ZinkDude — October 6, 2009 @ 2:10 pm

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