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SCHIFF: Stuart Rothenberg and the arrogance of honesty
Washinton Times ^ | January 11, 2011 | Peter Schiff

Posted on 01/14/2011 5:40:58 PM PST by sickoflibs

Subtitle :('Poll-tested politicos are what Washington insiders want'). In the early fall of 2009, just before I announced my candidacy for the U.S. Senate, I was introduced to a number of Washington-based political analysts and journalists. Among the group was Stuart Rothenberg, writer of the Rothenberg Political Report, a classic "inside the Beltway" publication targeted at those whose lives and livelihoods revolve around national politics. His acerbic comments regarding my candidacy in the months that followed reveal the enormous chasm that separates the real world from Washington.

I presented myself to Mr. Rothenberg as a major-party candidate (Republican) with no interest in formulating my views to appeal to sufficient numbers of voters to achieve an electoral majority. My strategy, if you could call it that, involved running on a set of core beliefs, regardless of whether such a philosophy would produce a victory.

Contempt of the political game, as it has been played for generations, instantly qualified me as a laughingstock in Mr. Rothenberg's eyes. Although I never met him again, he regularly dashed off barbs about me in his reporting, and just recently he dubbed me "the Cockiest Candidate of 2010." In giving me this dubious distinction, he noted that I "had no experience in politics yet figured he knew everything and was smarter than anyone else in the room."

To be clear, I admitted to Mr. Rothenberg that my approach would be fraught with obstacles and would be unlikely to succeed. In other circles, such a commitment would elicit grudging respect. But for Mr. Rothenberg, it was simply evidence of my arrogance. Because commitment to politically unpalatable principles is so rare in Washington, it's no wonder Mr. Rothenberg was shocked by it.

(Excerpt) Read more at washingtontimes.com ...


TOPICS: Business/Economy; Editorial; Government; Politics/Elections
KEYWORDS: schiff; schifflist
The Peter Schiff/Austrian Economics ping. (Washington Bankrupting our Nation by Spending your past, present and future money!)

If you realize both parties in Washington think that our money is theirs and you trust them to do the wrong thing, this list is for you.

If you think there is a Santa Claus who is going to get elected in Washington and cut your taxes, spend a few trillion and that will jump-start the economy, this list is not for you.

You can read past posts by clicking on : schifflist , I try to tag all relevant threads with the keyword : schifflist.

Ping list pinged by sickoflibs.

To join the ping list: FReepmail sickoflibs with the subject line add Schifflist.

(Stop getting pings by sending the subject line drop Schifflist.)

The Austrian School’s Commandments plus :From : link

1) You cannot spend your way out of a recession
2) You cannot regulate the economy into oblivion and expect it to function
3) You cannot tax people and businesses to the point of near slavery and expect them to keep producing
4) You cannot create an abundance of money out of thin air without making all that paper worthless
5) The government cannot make up for rising unemployment by just hiring all the out of work people to be bureaucrats or send them unemployment checks forever
6) You cannot live beyond your means indefinitely
7) The economy must actually produce something others are willing to buy
8) Every government bureaucrat should keep the following motto in mind when attempting to influence the economy: “First, do no harm!”
9) Central bank-supported fractional reserve banking is an economically distorting, ethically questionable activity. In particular, no government should ever do anything to save any bank from the full consequences of a bank run, no matter what the short-term consequences.
10) Gold is God’s money.

Add mine:

1) Businesses don't hire workers just because of demand for products or services, they hire because it makes them money. Sorry to have to state the obvious.
2) Government spending without taxing is still redistribution
3) Taking one man's money and giving it to another is not a job.
4) Paul Krugman and Bernake have been wrong about everything, as well as the other best and brightest Keynesian's who have been fixing our economy for over a decade.
5) Republicans in the minority (esp out of the White House) act like Republicans, in the majority they act like Democrats .

1 posted on 01/14/2011 5:40:59 PM PST by sickoflibs
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To: Harrius Magnus; mojitojoe; Pelham; mom2twinsn2; LongLiveTheRepublic; ConservativeOrBust; ...
The Peter Schiff/Austrian Economics ping. (Washington Bankrupting our Nation by Spending your past, present and future money!)
2 posted on 01/14/2011 5:43:12 PM PST by sickoflibs ("It's not the taxes, the redistribution is the federal spending=tax delayed")
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To: sickoflibs

3 posted on 01/14/2011 5:54:14 PM PST by KoRn (Department of Homeland Security, Certified - "Right Wing Extremist")
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To: sickoflibs

It’s not a good sign that Peter is wasting time chasing a critic. I hope he doesn’t head into the arena of noteriety as opposed to policy. I like quite a bit of his policy ideas.

From the article, this is Peter:

“Although I never met him again, he regularly dashed off barbs about me in his reporting, and just recently he dubbed me “the Cockiest Candidate of 2010.” In giving me this dubious distinction, he noted that I “had no experience in politics yet figured he knew everything and was smarter than anyone else in the room.”

Unfortunately that is a very good description of how Peter comes across on camera. He needs to work on that.


4 posted on 01/14/2011 6:51:57 PM PST by SaxxonWoods (Gone Galt and loving it)
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To: SaxxonWoods

I didnt care for the idea of him running for office and did not ping anything related to it, and finally suspended pinging his stuff until the race was over. Him running for office conflicted with him telling us the bad news. Either he would lie to get elected, or lose.

I agree that this (his) editorial was disappointing.


5 posted on 01/14/2011 8:15:10 PM PST by sickoflibs ("It's not the taxes, the redistribution is the federal spending=tax delayed")
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To: sickoflibs

This guy is a freaking genius.

“Where madness prevails, t’is folly to be wise..”

I support him completely.


6 posted on 01/14/2011 9:13:56 PM PST by gaijin
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To: sickoflibs
Up until this post, I had never heard of Stuart Rothenburg. Schiff needs to be careful! He's giving Rothenburg way more media than which he is entitled!
7 posted on 01/15/2011 7:16:28 AM PST by April Lexington (Study the Constitution so you know what they are taking away!)
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To: sickoflibs

“1) Businesses don’t hire workers just because of demand for products or services, they hire because it makes them money. Sorry to have to state the obvious.”

That should be the first commandment, especially in these times...

Nobody ever started a business because they wanted to hire people. Entrepreneurs start and stay in business to make a profit. They hire people only if doing so increases their profits.

You want to create jobs? Promote profits!


8 posted on 01/15/2011 12:29:53 PM PST by aquila48
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