Tag Archives: 2010

Connecticut Senate race generates nationwide interest

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And according to Rasmussen, Senator Dodd would lose to every Republican, even Peter Schiff, whose financial media stardom hasn’t resulted in any name recognition in Nutmegland.

Former GOP Congressman Rob Simmons is still his toughest opponent, leading Dodd 48% to 35%. Seven percent (7%) prefer some other candidate in this contest, and 11% are undecided. Those figures are a slight improvement for Simmons since September.

The newest Republican in the race, Linda McMahon, the ex-CEO of World Wrestling Entertainment, earns 44% of the vote to Dodd’s 38%. Eight percent (8%) opt for another candidate, with nine percent (9%) not sure.

Long-shot candidate Peter Shiff, the widely-known president of Euro Pacific Capital, is essentially even with Dodd and holds a one-point edge, 40% to 39%. In their race, eight percent (8%) like some other candidate, and 14% are undecided.

More interesting stuff here.

Farewell to a number of things…

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IN his column today, The Courant’s Rick Green says farewell to the old economy, complete with a scary graphic showing that Connecticut has lost over 15,000 manufacturing jobs in the last year.  And then Mr. Green wonders if anyone is listening.

Actually, considering his appearance on the panel with Peter Schiff on Face The State, I find this highly ironic. (Watch the exchange that starts at about 3:00.) Hasn’t Schiff been the one saying that we’ve stupidly, deliberately exported our manufacturing base to Asia? I love watching people throw the accepted wisdom at Schiff.

With apologies to Mr. Green, having lost over 70,000 jobs in a year, I think we’re saying farewell not just to the old economy, but to our ability to pay for the welfare state we have constructed.

Connecticut incumbents looking at tough road next year

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The Courant’s Rick Green opines that incumbents like Mr. Dodd and Mrs. Rell are in trouble as unemployment here will hit 10% in 2010. Quoting Mrs. Rell’s top economic advisor:

Delinquency rates on single-family mortgages have risen four-fold since 2006, and consumers are spending less and saving more given overall economic uncertainty. This means continued pressure on state sales and use taxes, incomes taxes, and corporate income taxes, your three big generators of state tax revenue. Bottom line conclusion: I highly doubt that our state budget problems have been resolved, only delayed and postponed.

Read the rest here.

Will Schiff run for Senate in 2010?

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We know he’s not a social conservative, but he’s definitely a fiscal one. Controversial author, doomsayer and commentator Peter Schiff continues to gain visibility and survived (actually thrived) on The Daily Show with Jon Stewart last night. Will he run against Senator Dodd in next year’s race?

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Judging from crowd reaction – and Stewart’s – there may be plenty of room for candidates that will speak harder truths than what we’ve been getting. Schiff may also fill an important spot at the center of the political electorate. With his following, Stewart has just helped make him more of a national figure and less of a figure known just to people who are burying Gold American Eagles in their backyards.