The U.S. government’s dramatic, corporate welfare response to the economic crisis has brought many Americans to the following conclusion: my Senator (regardless of party) is a big-government, special-interest-controlled goon who does not give a damn about me. In an America spiraling further and further into the hellish abyss of corporate fascism, there are a couple of freedom-loving luminaries expected to run for Senate in 2010: Dr. Rand Paul of Kentucky and Peter Schiff of Connecticut.
Paul is a surgeon who brings a unique and insightful perspective to healthcare reform. His seat is particularly important to the cause of liberty, because the man he would replace is among the Senate’s staunchest supporters of free markets, Republican and baseball Hall of Famer Jim Bunning. Bunning voted against all of the debt-propelling bills designed to fix the economy, which remains broken. If either a Democrat or Paul’s Republican opposition, Harvard alum Trey Grayson, were to fill Bunning’s seat, the reliable vote against federal government interference in our personal lives will assuredly be lost.
Paul is expected to announce that he will seek the open seat on August 20th. On that day, which is a planned “money-bomb,” I expect him to raise somewhere in the range of $250,000. His total for the month of August will likely be somewhere in the range of $300,000, which despite national efforts, will leave his total far behind that of his Ivy League manufactured primary opponent, who has already raised more than $600,000, and boasts the support of the much maligned GOP leadership.
Peter Schiff hopes to replace Democrat Chris Dodd of Connecticut in 2010. Senator Dodd has seen much face time in the media lately for three reasons: he chairs the Senate Banking Committee, which is overactive during economic downturns such as the present one; he was recently diagnosed with early and non-life-threatening prostate cancer; and he is strongly suspected of benefiting from improper mortgage practices–perhaps a political bribe.
Schiff is best-known for his remarkably accurate economic forecasts. Several youtube videos, entitled “Peter Schiff Was Right”, have gone viral across the Internet, and have shown Schiff to be an economic genius. On the other hand, Dodd has been an economic dunce over the past decade, defending policies and entities that economists across the political spectrum agree invited the economic crisis. From an economic standpoint, the choice is a no-brainer: Schiff wins. But in politics, being right does not guarantee victory, and Schiff knows he has a very tough fight ahead of him.
Like Dr. Paul, Schiff is expected to have a big fundraising day. His is on August 7th, on which he hopes to raise $1 million. In my opinion, that’s a pipe dream. He will be lucky to raise half of that.
Despite fundraising concerns, both Paul and Schiff are forces to be reckoned with in the 2010 Senatorial elections for one reason: their message of limited government, free people, and free markets resonates with an American citizenry that is fed up with the federal government’s never-ending interventions into a society that never seemed very broken to begin with.