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MARC FABER: If I Had To Vote For Obama Or Romney, I'd Shoot Myself
TMO ^ | 8-8-2012 | Henry Blodget

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 ...


TOPICS: News/Current Events
KEYWORDS: collapse; economy; faber; investing
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To: blam

I don’t know who Marc Faber is, and I wouldn’t care if he did kill himself. But he won’t.


41 posted on 08/08/2012 11:54:47 AM PDT by ozzymandus
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To: Ingtar

http://www.catholicnewsagency.com/news/mary-ann-glendon-defends-romney-on-religious-freedom/

On Feb. 8, White House press secretary Jay Carney said that it was “odd” for Romney to speak out against the federal mandate, arguing that it is “virtually identical to the one that was in place when he was governor of Massachusetts.”

Romney responded later that day, saying, “Mr. Carney needs to check his history.”

He said that the “provision was put in Massachusetts before I was governor” and that while in office, he “tried to have it removed.”

“I worked very hard to get the legislature to remove all of the mandated coverages including contraception,” he said.

Romney has also been criticized for a law that passed when he was in office that required Catholic hospitals to provide “emergency contraception,” which causes early abortions, to rape victims.

However he has responded that he vetoed this bill when it came to his desk. The legislature overrode his veto, and so the bill became law, but he had not approved it, he said.

Romney argued that as governor, he “steadfastly tried to honor and respect religious conscience.”

“I worked closely with the Archdiocese of Boston, met with Cardinal O’Malley from time to time, and did our very best to respect the religious feelings and beliefs of the people in my state,” he said.

While his opponents are skeptical and say he should have done more to fight the measures, Glendon believes that Romney “has shown backbone on every critical issue at every juncture when it counted.”


42 posted on 08/08/2012 12:01:47 PM PDT by MEG33 (O Lord, Guide Our Nation)
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To: SoFloFreeper
Kinda reminds me of what the birthers went through:
Before the primaries they made the case.
They said it wasn't the right time because he wasn't actually his party's candidate.

Before the main election they made the case.
They said it wasn't the right time because he wasn't actually the president elect.

Before the electoral college vote they made the case.
They said it wasn't the right time because he hadn't actually been elected until the electoral college said so.

Before the congress accepted the electoral college vote they made the case.
They said it wasn't the right time because he hadn't actually been approved until the congress accepted the electoral college vote.

Before was sworn in they made the case.
They said it wasn't the right time because he hadn't actually violated the constitution until he became president.

Now that he is in the White House, they say it's too late, you should have said something sooner!

Right now I am making the case before the convention that Romney is not a worthy candidate to be president.
43 posted on 08/08/2012 12:02:15 PM PDT by null and void (Day 1297 of our ObamaVacation from reality - Heroes aren't made Frank, they're cornered...)
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To: RitaOK
Peace and Safety

Peace and Safety?

That sounds vaguely familiar...

44 posted on 08/08/2012 12:04:37 PM PDT by null and void (Day 1297 of our ObamaVacation from reality - Heroes aren't made Frank, they're cornered...)
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To: LucianOfSamasota

He was born in Switzerland but lives in Thailand...


45 posted on 08/08/2012 12:04:43 PM PDT by GOPJ (..convinced if you put a compass in the hands of a liberal, it will point south -Fr Neveronmywatch)
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To: MEG33
well said, my friend!

I also am passionate in getting Obama OUT and voting conservative down the ticket!

If Obama gets re-elected, because there are those who refuse to vote for the lesser evil, I fear we will see the end very quickly to what we know right now as freedom.
He will be unshackled and freed to finish up the destruction in a very short time. Those choosing not to vote in protest, will find it too late to turn back the clocks.
Our Constitution will be formally destroyed.

A few months back I declared I would NOT vote for Romney , period.
After looking at the whole situation, I decided that I would hold my nose, vote for him, and then we will need to start day one after inauguration at holding him to the fire, hopefully with a newly elected Senate and Congress!

46 posted on 08/08/2012 12:07:26 PM PDT by pollywog ("O Thou who changest not, abide with me.".......)
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To: pollywog

It’s a bit like going out with the guy who will only drug you and rape you, in preference to the guy that will pull a knife on you and rape you.


47 posted on 08/08/2012 12:14:54 PM PDT by null and void (Day 1297 of our ObamaVacation from reality - Heroes aren't made Frank, they're cornered...)
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To: pollywog

Indeed!!


48 posted on 08/08/2012 12:15:18 PM PDT by MEG33 (O Lord, Guide Our Nation)
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To: achilles2000; Lancey Howard; Internet Walnut; All

Economic collapse is exactly what 0 & his commie pals want. Read this. (I won’t tell you to read 0bama’s books because uncontrollable heaves are *very* dangerous)

http://www.freerepublic.com/focus/f-news/2915963/posts#comments_controls

aside to Lancey Howard & Internet Walnut- I think that might be Mark Farner.

Today is a *really* hate Mittens day (the Romneycare thing), but I’ll still vote for him if it’s between him & 0.


49 posted on 08/08/2012 12:22:05 PM PDT by KGeorge (We coulda had Newt, but oh hell no. We let them trash him.)
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To: MEG33

That is not what the Catholic groups were saying in 2005 until he became the presumptive nominee.

“The initial injury to Catholic religious freedom came not from the Obama administration but from the Romney administration,’’ said C.J. Doyle, executive director of the Catholic Action League of Massachusetts. “President Obama’s plan certainly constitutes an assault on the constitutional rights of Catholics, but I’m not sure Governor Romney is in a position to assert that, given his own very mixed record on this.’’


Romney had publicly claimed the bill did not apply to private religious hospitals
On December 7, 2005, Romney’s Department of Public Health said that Catholic and other privately-run hospitals could opt out of giving the morning-after pill to rape victims because of religious or moral objections
On December 8, 2005 Romney reversed the legal opinion of his own State Department of Public Health, instructing all Catholic hospitals and others to provide the chemical Plan B “morning after pill” to rape victims. He was quoted as saying, ““I think, in my personal view, it’s the right thing for hospitals to provide information and access to emergency contraception to anyone who is a victim of rape.”


Now that it is inconvenient, his story changes (again). Does this mean I think you should not vote for him? That is your decision. I simply bring up his past so that people will realize that while he is more than likely better, we are headed to real disappointment if we believe he will take any “hard” stands.


50 posted on 08/08/2012 12:25:48 PM PDT by Ingtar ("As the light begins to fade in the city on the hill")
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To: null and void

Okay then.


51 posted on 08/08/2012 12:30:30 PM PDT by SoFloFreeper
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To: blam

I have followed M Faber for years. He is a Baron’s Rountable participant and a good prognosticator. He is not, however, always right.


52 posted on 08/08/2012 12:42:28 PM PDT by The_Media_never_lie
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To: blam

I have followed M Faber for years. He is a Baron’s Rountable participant and a good prognosticator. He is not, however, always right.


53 posted on 08/08/2012 12:42:52 PM PDT by The_Media_never_lie
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To: blam

I have followed M Faber for years. He is a Baron’s Rountable participant and a good prognosticator. He is not, however, always right.


54 posted on 08/08/2012 12:43:11 PM PDT by The_Media_never_lie
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To: blam

I have followed M Faber for years. He is a Baron’s Rountable participant and a good prognosticator. He is not, however, always right.


55 posted on 08/08/2012 12:43:32 PM PDT by The_Media_never_lie
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To: MEG33

Glendon is desperate to assist the Church, but makes a general comment with absolutely no teeth, meat, or detail of Romney’s offers or efforts. Might she explain exactly the lengths he went to in order to defend the Church and religious liberty, beyond playing habitually to all sides, both sides, no sides, depending on the venue he arranges for the sake of his various needs for appearances?

Romney met and klatched on coffee with a Catholic or two, but never bothered to drill the opponents of the Church with the US Constitution First Ammendment speech rights, and the constitutional religious liberty rights as deemed in the Constitution of the United States of America, and which in all cases take PRECEDENCE over the usuping of both speech rights and religious liberty as suggested by some state’s legislation. Yes, we are all FOR states rights without question, until they interfere clearly and publically with speech and liberty.

Perhaps you could excuse that, explain that, defend that on Romney’s behalf of course. Why the Constitution of the United States of America was not invoked by Romney to bring relief to the Catholic Church missions and faith doctrines in Massachusetts.

His endless prattling of his various and vacuous poses in equally vacuous discussions with the Archdiocese are one of several sides of his mouth and actions, as his scalded dog skidaddle from the speech and liberty intimidation of Chick fil A. He again ducked a perfect opportunity to throw a bone to conservatives who are alarmed by his utter disinterest.


56 posted on 08/08/2012 12:57:20 PM PDT by RitaOK (NO ROMNEY, NO COMPROMISE. NO WAY. NO HOW. NOT NOW. NOT EVER.)
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To: null and void

.)


57 posted on 08/08/2012 12:59:05 PM PDT by RitaOK (NO ROMNEY, NO COMPROMISE. NO WAY. NO HOW. NOT NOW. NOT EVER.)
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To: blam

Send him a Saturdaynight Special and two rounds...quick!


58 posted on 08/08/2012 1:05:09 PM PDT by Redleg Duke ("Madison, Wisconsin is 30 square miles surrounded by reality.", L. S. Dryfus)
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To: RitaOK

Either Obama or Romney will be our next President..
I choose Romney


59 posted on 08/08/2012 1:07:06 PM PDT by MEG33 (O Lord, Guide Our Nation)
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To: Ingtar; MEG33

Thank you for the clarity on the misleading charity of Ruse Romney of Massachusetts toward the cornering of the Catholic Church in Massachusetts.

This was my understanding from said sources, but I failed to have them at hand. I know the truth on Romney and how desperation and fear causes spinning his record to get completely out of hand.

The proof is in his scalded dog reaction to the same intimidation tactics against Chick fil A that were used against the Church. There are the fearful and wobbly right in there seen defending that! Outrageous!


60 posted on 08/08/2012 1:07:34 PM PDT by RitaOK (NO ROMNEY, NO COMPROMISE. NO WAY. NO HOW. NOT NOW. NOT EVER.)
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