Friday, December 19, 2025

United States needs to prepare for a drop in the value of the dollar


     Knoxville, Tennessee -- December 19, 2025 -- Elliott Schuchardt, a candidate for the Tennessee General Assembly, says that the United States needs to prepare for a drop in the value of the dollar.

       Schuchardt points to data showing that foreign countries are selling their holdings of U.S. Treasury bonds, and purchasing gold instead.    

Monday, December 15, 2025

Tennessee Candidate Challenges State Election Law for Judges

  NEWS RELEASE

  FOR IMMEDIATE RELEASE

     Knoxville, Tennessee – December 15, 2025 – Elliott Schuchardt, a candidate for the Tennessee General Assembly, is calling for reform of the state’s law for election of judges.

       In Tennessee, to be qualified to run as a judge, a candidate must be authorized to practice law in the state of Tennessee.

     Schuchardt has filed a lawsuit that challenges the state’s requirement that judicial candidates be lawyers. 

      Schuchardt says that Tennessee does not use due process in deciding who can practice law in the state.  According to the complaint, the Tennessee Supreme Court has held that it can suspend a lawyer’s license without considering any evidence against the lawyer.  Schuchardt says that this system is arbitrary, and is being used for political purposes.  

      Schuchardt has a list of more than fifty candidates attacked by the Tennessee Board of Professional Responsibility, in recent years.  Many of these people were running against sitting judges.  Others were running for higher office.  According to Schuchardt, there is an appearance that the Board is filing cases against lawyers to disqualify them from office. 

     The Board has filed ethics cases against two candidates for President of the United States, two candidates for governor of Tennessee, a former clerk for the U.S. Supreme Court, and two presidents of their county bar associations.  “These are the kind of people that we would want to run for office,” he says.  “However, the Tennessee ethics board is working to keep them off the ballot," he says.  

      The Tennessee ethics board has also filed ethics cases against a number of prominent African-American attorneys.  For example, in 2024, the Board publicly censured the president of the Nashville chapter of the NAACP, Sheryl D. Guinn.  Guinn twice ran for office as General Sessions Judge in Davidson County, Tennessee.  The board has also attacked the law license of African-American candidate, Terry Renease Clayton.  In 2015, Clayton was a candidate for the Nashville City Council.  Since then, he has twice run for the office of State Representative. 

      According to Schuchardt, nearly a dozen attorneys have sued the Board or its employees, alleging harassment for political reasons.  For example, attorney David Danner alleged that the Board retaliated against his license to practice law, after he published an opinion in the Nashville City Paper criticizing the state's system for selecting judges.  Attorney Carol Dawn Deaner claimed the Board retaliated against her law license, after she criticized Tennessee's system for selecting court-appointed counsel.  

     Schuchardt’s complaint, filed in the U.S. District Court for the Middle District of Tennessee, says that Schuchardt has been a victim of political misconduct at the board.  The complaint says that the chief lawyer at the board – Sandra Garrett -- has filed seven petitions against Schuchardt, to interfere with Schuchardt’s representation of a lawsuit against a group of court insiders. The complaint alleges that Garrett is using her state office to interfere with Schuchardt’s constitutional right to due process.  According to Schuchardt, the Tennessee Supreme Court has refused to allow him to present evidence, in connection with the board’s attacks on his license and reputation. 

     Schuchardt has asked the federal court in Nashville to find Tennessee’s election law for judges to be unconstitutional, given the lack of due process in the state’s ethics law.   Schuchardt points to numerous problems with the ethics law.  Under existing law, he says, the state is permitted to choose the fact-finder from members of its own organization.  "It is impossible," he says, "to get a fair trial in an ethics case when your adversary gets to appoint the trial court judge."  Schuchardt says that the fact finder should be an elected judge, or a panel of persons who are not affiliated with the system.  

       According to Schuchardt, there is a precedent for this type of system.  In the early 1970s, there were complaints that the Knox County Sheriff's Office was firing people for political reasons.  Knox County, Tennessee adopted a system to review employment-related decisions.  Today, the Knox County Merits Board is made up entirely of persons who are not affiliated with the sheriff's office.  "We need a similar system for looking at lawyer ethics cases in Tennessee," he says.  "If a majority of the persons on a hearing panel were non-lawyers," he says, "then we would get better decisions from the panels."  

     Schuchardt also objects to the state's "fee-shifting" rule, in ethics cases.  Tennessee has a rule that requires an attorney to pay the state's legal fees, in an ethics case.  According to Schuchardt, this can result in a judgment of tens of thousands of dollars, against the defending attorney.  "The existing law is not fair," he says.  "It is designed to discourage lawyers from defending their law license, against court insiders," he argues.  "If we want the facts to come out, then we should not penalize attorneys for presenting the evidence," he says.   

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     Elliott J. Schuchardt is a candidate for the Tennessee General Assembly in the August 2026 election.  Schuchardt is the author of America’s Achilles Heel:  How to Protect Your Family When America Loses the Reserve Currency. 

    Schuchardt studied government at Cornell University and Oxford University.  He is also a graduate of Columbia Law School.  Schuchardt practiced law for nearly thirty years, before running for office.  He focused his legal practice on civil liberties issues in the courts.   

 

CONTACT:

Elliott J. Schuchardt

2322 Jockey Run Trail

Knoxville, TN 37920

Call or Text: (865) 304-4374

E-mail:                  elliott016@gmail.com

Twitter or X:         https://x.com/EJSchuchardt

Book Website:      www.elliott-author.com

Campaign Blog:    https//elliottschuchardt.blogspot.com

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Friday, December 12, 2025

Tennessee Resident Plans Legislative Run With Focus on the Dollar Crisis

Knoxville, Tennessee – December 12, 2025 -- Elliott Schuchardt, a retired lawyer, is preparing a run for the Tennessee General Assembly in the August 2026 primary. His campaign centers on an unconventional platform:  warning about what he sees as an impending collapse of the U.S. dollar's reserve currency status.

Schuchardt's legal career includes some high-profile wins. He sued the federal government to enforce Fourth Amendment protections, in a case alleging the illegal collection of e-mail. He also secured the injunction that kept Sweet Briar College open when the Virginia liberal arts school attempted to close in 2015. The college's rescue became a national story about alumni activism and institutional preservation.

But it's his economic concerns that define his political campaign for the Tennessee legislature. Schuchardt authored "America's Achilles Heel: How to Protect Your Family When America Loses the Reserve Currency," a book that outlines his theories about American economic vulnerability. The premise is stark: the dollar's global dominance is fragile, and families need to prepare for its decline.

From Courtroom to Campaign Trail

Before attending Columbia Law School, Schuchardt studied political theory at Oxford University, in England. Schuchardt brings an academic framework to his views on the economy. His approach is openly preventive rather than reactive. He is trying to address what he considers a foreseeable crisis before it arrives.

Schuchardt argues that the United States will have to devalue the dollar to remain competitive in the world's economy. He says that this can, and should be done, in a structured manner, with the cooperation of other world powers. He says that if the United States fails to address the dollar issue, the rest of the world will address the issue for the United States, potentially causing an uncontrolled drop in the value of the dollar.

For Tennessee voters accustomed to traditional campaign platforms focused on taxes, education, and healthcare, Schuchardt's focus on monetary policy and reserve currency status represents a departure. He's positioning himself as someone willing to think outside conventional political boundaries.

A Screenplay as Political Warning

Schuchardt has taken his concerns beyond books and the political campaign by writing a screenplay that dramatizes an 80% dollar collapse. He's actively seeking investors to produce the film, which he envisions as a modern warning comparable to Cold War-era cautionary films like "On the Beach," "Dr. Strangelove," and "The Day After."

Those films used dramatic storytelling to make abstract nuclear threats feel immediate and real to American audiences. Schuchardt is attempting something similar with economic catastrophe, trying to make monetary policy emotionally resonant through narrative.

Whether Tennessee voters will embrace a candidate focused on the reserve currency remains to be seen. The August 2026 primary is still well ahead, giving Schuchardt time to make his case. His background in constitutional law and his willingness to challenge government power could resonate in a state with strong libertarian and conservative currents.

For now, Schuchardt's bid for the Tennessee General Assembly represents a test of whether voters are willing to embrace a proactive approach on the dollar. Schuchardt believes the answer is yes. The United States voted for tariffs in 2024, as a means to protect the economy. He believes the nation is ready for the next step, in getting the economy on the right track.

For further information: 

 

Elect Elliott Schuchardt

2322 Jockey Run Trail

Knoxville, TN 37920

Phone:  (865) 304-4374

E-mail:  elliott016@gmail.com

 

Campaign website:  www.elect-schuchardt.com

Campaign blog:  www.elliottschuchardt.blogspot.com

Twitter:  https://x.com/EJSchuchardt

Book website:  www.elliott-author.com

 

 


Wednesday, December 3, 2025

Schuchardt calls for an elected attorney general in Tennessee

    NEWS RELEASE

                               FOR IMMEDIATE RELEASE

            Knoxville, Tennessee – December 3, 2025 – Elliott Schuchardt, a candidate for the Tennessee General Assembly, says that Tennessee should elect its attorney general, rather than appoint the position.  This would be a change in the law.

            Tennessee uses a unique method for choosing the state’s attorney general.  The state Supreme Court chooses the attorney general for an eight-year term. 

Tuesday, December 2, 2025

Interview with the Candidate

          We recently had the opportunity to sit down with Elliott Schuchardt, and ask him a few questions.  The interview went as follows.  

You are the author of America's Achilles Heel, a book about the dollar.  Why did you write the book?

             For a long time, I have wondered how the United States could close its steel mills, and replace them with shopping malls selling imported goods.  I couldn’t understand why the dollar remained high, and the United States could import so many goods. 

          I became really concerned when I started looking at the numbers.  If the dollar were to fall in value by 70%, then the price of good imported to the United States would triple.  So, clearly the value of the dollar is very important to our standard of living.