Peter Schiff, smart guy with bad timing, running for U.S. Senate

Peter Schiff, who made The Call on the economy imploding about as well as anyone, said Thursday he wants to be the next junior senator from Connecticut. Schiff's looking to unseat incumbent Democrat Chris Dodd and has already raised (in the voice of Dr. Evil) . . . One Million Dollars.

Good for him.

Let's just hope for the sake of his would-be constituents that Schiff's temporal acumen turns out to be better than his forecasting ability. After all, what's true in life goes doubly so for investing: Timing is everything -- and in that respect, Schiff hasn't exactly covered himself in glory.