With his 2007 book Crash Proof (Peter) Schiff proved himself a more authentic clairvoyant than Alan Greenspan, Art Laffer, or Nostradamus, correctly predicting not only the shortly-thereafter ensuing sudden economic collapse in uncanny detail, but also the ham-handed, meddlesome Big Government response that would exacerbate the crisis.
In CEO of the Sofa, P.J. O'Rourke wrote that he read Hillary Clinton's It Takes a Village because he recognized "Neville Chamberlain made a famous mistake by not bringing a copy of Mein Kampf with him on the plane ride to Munich." Similarly, Crash Proof is the book you wish Ben Bernanke had taken in the car en route to testify before the Senate Banking Committee in 2007.
So dire is the situation, Schiff has decided to add to his busy schedule of writing financial bestsellers and guiding his Euro Pacific Capital fund a run for the Republican U.S. Senate nomination in Connecticut, a race in which, bizarrely, the man whose YouTube greatest hits includes the remarkable video "Peter Schiff Was Right" is considered an underdog against former World Wrestling Entertainment CEO Linda McMahon, a woman now perhaps as well known for her willingness to spend $50 million of her own money to become a senator as she is for her ability to take a piledriver and nonchalance about shin to groin combat.
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