Posted on 08/08/2012 10:42:37 AM PDT by blam
MARC FABER: If I Had To Vote For Obama Or Romney, I'd Shoot Myself
Henry Blodget
Aug. 8, 2012, 11:43 AM
Marc Faber, the famous investor and strategist, says that neither candidate in the upcoming U.S. Presidential election is worth voting for, at least if the goal is fixing the economy.
In fact, says Faber, the Thailand-based author of the Gloom, Boom & Doom Report, if you put a gun to his head and told him to pick a candidate to vote for, he'd say, "shoot."
Why is Faber so negative on the two candidates?
Because he thinks neither Barack Obama nor Mitt Romney will have the balls to do what it takes to get the economy back on track, which, in his opinion, is significantly cut government spending AND modestly raise taxes. Rather, he thinks, both candidates will just focus on remaining popular.
Given that America will almost certainly choose one of these two candidates to be its next President, what is Faber's outlook for the U.S. economy?
Continued crappy growth.
Faber's outlook for the rest of the world, meanwhile, is even less encouraging. Europe is already in a recession, he says, and Asia's growth has peaked and is starting to decline.
Interestingly, Faber is not running away from stocks as a result of this dour view. Rather, he is starting to buy some stocks in Europe, because the valuations have gotten so slammed that he now finds the risk/reward profile attractive. And, with almost every government on earth trying to print its way out from under its huge debt load, Faber still remains a big fan of gold.
(Excerpt) Read more at businessinsider.com ...
It’s all fine and well to strut, “I’m not voting for either” WHEN you are in a state that is a foregone conclusion in the Electoral College. I live in California, a mortal lock for Obama (hell, this state would elect Biden), so I do not mind fellow Californians saying they’re gonna vote for Gary Johnson or whatever.
Same goes for Texas or a solidly red state.
But IMHO, if you live in a state that is “in play,” it’s better to hold your nose and vote for Romney BECAUSE he’s the only guy that can get Obama out.
If I thought we could survive 8 years of Obama, including three or more liberal Justices, I might think differently. But I don’t think we can.
your dearest fantasy will be FAR CLOSER realized with Romney in the WH. IF you fail to vote for the lesser of the two evils, (yes one WILL be in the WH whether you vote or not)
....... with Obama in the WH again, you will no doubt ever have a chance at voting freely again. Look at history to realize this fact!
Neither candidate has been formally nominated yet.
If the parties believe that we all are happy as clams with both of them, that's what we'll get.
If either party believes their putative candidate can't win, they still have the option of a brokered convention.
Judging from FR, the republicans must believe they can put up any old bad to mediocre candidate and win.
That's what they'll give us.
Fabar is Swiss, right?
Faber is Swiss, right?
I’m voting to rid this country of a Marxist imposter who’ll destroy the Republic in four more years. I took an oath in 1977 and was never relieved from my responsibilities, as far as I’m aware. You feel “pure” by voting for some third party nobody or writing-in a name, but those of us voting for the major party candidate are adults who know there are only two choices. You’ll feel principaled and I’ll know I tried to save the country. Okay?
Any relation to Emil Faber?
What you said! Of course, living here in the People's Democratic Socialist Republic of Illinois, a place that would elect Lucifer if he had a D after his name, it is somewhat tempting to vote my conscience.
The titer continues. Both parties seek to find just how bad a candidate can be and we will still vote “for” them.
Neither party has the slightest incentive to give us a candidate who isn’t a full up centralized power (in their hands) party apparatchik.
They know we’ll cheerfully vote for the guy that will wait to enslave our children until they are in their 30’s over the guy who wants to enslave them when they are teenagers.
I’m not voting for a slave-master for today, tomorrow or the day after.
I don't know? I was merely pointing out that he doesn't vote, and he didn't run away from problems in the US.
I personally favor Friedman, Sowell, and Williams on these economic questions. But I also think the US has to rediscover our moral compass to avert disaster, (and I mean our Judeo-Christian values, not some new age gibberish). So there's not much chance of my views being realized barring a miraculous revival of Christianity. Which is what I daily pray for, against all hope.
Really?
Assuming there is an election in 2016, which party will put up a worthy candidate?
The republicans will scramble to convince us that Romney was wonderful.
The democrats will triple down on stupid and nominate a flat out Stalinist. And why not? Either way their goals get accomplished.
OTOH, if obama continues his reign, there is a slim change that republicans will try a candidate who isn't only slightly better that him, and give America a contrasting choice, rather than a me-too lite.
I see your point, but I gotta tell you if Illinois somehow becomes a battleground state, it’s all over for the Kenyan.
Me too. I thought Marc Faber was a musician.
Me too, and I'm an agnostic.
In 2005, Governor Romney forced Catholic hospitals to provide abortions and day after pills in spite of their moral objection. Would he do the same as President? I cannot say. Can you?
It’s OK though, Mitt will do it more slowly...
I will be casting my vote for Romney, too, polly.
NO President has ever been so dangerous to my beloved country as Obama and his administration.
Votes downticket are also SO important.
I am passionate about getting Obama OUT.. and as many good conservatives as we can in Congress and the Senate.
Let me know when you come back to reality.
I suppose after Romney wins in November, you’ll say “Well, the electors haven’t voted yet. We have until December to convince them to vote for someone else!”
Boy, are you guys in for a jolt. LOL! This Peace and Safety business at any price will prove to bring you neither.
Romney will be on wheels with a Republican Congress backing him up. The fabled Romney intellect, business skills and acumen, and deplorable anti-Christian liberty taking he slammed down on willing Massachusetts will be slammed down across the entire nation with the blessing of that same willing Establishment Republican congress.
Methinks, with caveats, that Obama could be frozen in place by that same Republican DC cabal in the House and Senate who would be the majority rulers. With Romney, they too will be on wheels to get to socialistic hell, with only the House squealing all the way, too scared to shut the purse on any of it.
Happy trails.
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