Peter Schiff nearing a Senate bid

Peter Schiff appears poised to announce a bid for the US Senate.

From Reuters' Joseph A. Giannone:

(Schiff) was not available for comment on Wednesday, but his brother Andrew told Reuters Schiff was traveling to Washington to meet with Senator John Cornyn, chairman of the National Republican Senatorial Committee.

The visit is the latest in a series of steps that show Schiff is seriously considering a jump from the fringes of Wall Street to Capitol Hill.

I think my favorite line though...

"He thinks he's in the House of Lords," Schiff said of Dodd, who is nearing the end of his fifth six-year term in the Senate.

Haha... that cracked me up. I'd be quite happy if the voters give both Dodd and Lieberman the boot asap.

Tim White