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Saturday, February 21, 2009

Netroots "Draft Peter Schiff for Senate" supporters begin online fundraising "moneybomb" day

The Western Standard was among the first outlets to report on the netroots campaign to draft celebrity investment adviser Peter Schiff as a candidate to run against the scandal-ridden and increasingly unpopular Democratic Senator from Connecticut, Chris Dodd. The New Haven Independent reports on an online fundraising "moneybomb" planned for today, saying that if the effort is successful, the endeavor to convince Schiff to put himself forward will be a little less improbable:

Web-savvy Libertarians in California have launched a nationwide movement to draft a New Haven-born celebrity pundit to take on Connecticut U.S. Sen. Chris Dodd. Their first big test comes Saturday.

The pundit is Peter Schiff. He has been a fixture bashing the federal bank bailout and stimulus efforts on national TV news (FOXNews, CNBC, CNN) panels because of his early predictions of the Wall Street meltdown. He published a prescient book in 2007 called Crash Proof: How to Profit From the Coming Economic Collapse. “The man who saw it all before everybody saw it,” as Fox anchor Liz Claman introduced him.

Schiff, who now runs a Darien stock brokerage firm, served as an economic adviser to Libertarian presidential candidate Ron Paul, whose candidacy was elevated by a then-unprecedented grassroots Internet effort. [...]

The campaign has an online “headquarters” and assorted rallying cries, including: “Stop the Bailouts.” “Stop the stimulus!” It has Facebook, YouTube, and Twitter presences, too — even though Schiff insisted in an interview that he has had nothing to do with the effort and would almost definitely not heed a call to actually run. That’s right. Almost definitely.

“Want Peter to run? Pledge! Show him we’ve got his back,” proclaims the home page for an affiliated site coordinating a “Moneybomb” for this Saturday. A “moneybomb” means supporters are hoping to raise an eye-popping pile of pledges in one day to show serious support for a Schiff candidacy — the way a one-day moneybomb propelled Ron Paul’s candidacy a year ago with a record haul.

In some ways the effort mirrors the early drive to find a candidate to challenge Connecticut U.S. Sen. Joe Lieberman in 2006, only this time from the right, not the left. In 2006, activists from across the country who supported challenger Ned Lamont poured money and cultivated volunteers through left-leaning national websites like Daily Kos and MoveOn.org. The campaign was national from the start, born at the netroots.

Read the rest.

Judging by the difficulty I'm having accessing the Schiff2010.com website today and the fundraising progress so far, the organizers' goal of $10,000 to $15,000 is looking a little modest. This is the main video which was circulated to promote the Schiff "moneybomb":

Posted by Kalim Kassam on February 21, 2009 | Permalink

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