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article imagePeter Schiff's Senate campaign Money Bomb on Jan. 17

By Andrew Moran     Jan 18, 2010 in Politics
The Senate campaign for Peter Schiff held a Money Bomb event on Sunday in hope to gain financial momentum in the Republican primaries. Schiff's campaign was able to raise campaign funds from thousands of supporters.
Ever since Republican Congressman Ron Paul’s grassroots campaign held a Money Bomb event that brought him millions of dollars in one day, many have tried to replicate that success and so far they have been successful.
On Sunday, Peter Schiff’s Senate campaign held a Money Bomb for his bid for the Connecticut Senate seat and he was able to garner funds with the help of thousands of supporters across the United States.
Schiff has been an ardent supporter of free market economics and an early voice of caution of the pending financial crisis that has struck the United States and the rest of the world. Earlier this month, Schiff released a statement to his supporters about long-time Democratic Senator Chris Dodd resigning his Connecticut Senate seat:
“While Chris Dodd has come to represent all that is wrong with Washington, his decision not to seek re-election is not the solution to the problems the people of Connecticut or the United States face. The problems we face are systemic in Washington and the fight to fix our broken system of government is more important than ever.”
Digital Journal reported earlier this month that Attorney General and now Senate candidate in Connecticut, Richard Blumenthal, carries a commanding lead among all three possible Republican opponents. The poll showed that he has at least a 30-point lead against Rob Simmons, Linda McMahon and Peter Schiff.
While another poll released on Thursday by Quinnipiac University suggested that he holds the same lead against the three Republicans, according to RTT News. The telephone survey, which was conducted among 1,430 Connecticut voters, found that 82 per cent of voters feel Blumenthal has the right kind of experience to be a United States Senator.
Nevertheless, the author of “Crash Proof 2.0” and “The Little Book of Bull Moves in a Bear Market” feels that “We will not fix the problems created by Chris Dodd by sending his protégé to replace him.”
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