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Economist Peter Schiff Announces Run Against Chris Dodd

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Newscom

Schiff said he wants to bring American troops home. "We need to have a sound economy before we can afford the luxury of having troops around the world," he said.

On health care, he rattled off several conservative talking points, saying the government should open up insurance competition across state lines and reform malpractice law.

"The solution to health care is the solution to anything," he said. "It's the free market."

He said a "grassroots effort to try to draft me" began a year ago, and he's raised more than $1 million so far.