MARC FABER

MARC FABER

Sunday, May 29, 2011

Matt Taibbi : The Big Banks will be ripping off people again

Matt Taibbi : The Big Banks will be ripping off people again Maddof ran his ponzi scheme for a long time . People had to know what he was up to . People must of been paid great sums of hush money . Thats what the banker bail-out was , hush money .here are no consequences for Obama's deceptions either. America is not a democracy. Let's get that straight. This is fascism at work.END THE FEDERAL RESERVE.....ABOLISH THE IRS.....RESTORE THE REPUBLIC


No our politicians are NOT isolated. Our politicians DO SEE what's going on.
Our politicians are corrupt. Our politicians are effectively owned by banks and the rich. They will never regulate banks / credit cards /  insurance / oil company prices / medicine / pharmaceuticals / .... or anything else that represents big business.They laugh while we suffer. They get rich from your loss. They profit from war. They steal and are protected. They get bailouts, we lose our homes. They rule the media, the banks, the government. They own you.Greedy bankers,corporate thieves,corrupt politicians,business man that commit envronmental crimes...We will never be free during these kind walk free on the world, TO LIVE FOREVER IN JAIL thats what they deserve and need to happen...

Marc Faber : I believe that the fiscal deficit will not come down it will rather increase going forward

Marc Faber  : ...well I think that Quantitative Easing number two will come to an end , and the FED will then wait for a while and the moment the markets are down say the S&P is down 20 percent so you will have have QE3 , QE4 and so forth , ..no doubt , no doubt that and also I believe that the fiscal deficit will not come down it will rather increase going forward ....If you look at the markets internals many stocks are already down 20 percent some are already down 30 percent the market the indices do not reflect what has been happening within the market because you have within the indices a few stocks that have been lad-reds before like Johnson & Johnson Proctor & Gamble they are now kind of supporting the market but individual stocks a lot of them are down substantially already ....in Bloomberg TV interview May 26 2011
MARC FABER BLOG

Dr. Marc Faber Tomorrow's Gold







Dr. Marc Faber author of the Gloom, Boom and Doom report is a world class Investor, Doctor Faber 's typically controversial and contrarian views have earned him the label of Dr. Doom. Doctor Doom also trades currencies and commodity futures like Gold Natural Gas and Crude Oil.Even his harshest critics must admit that he's been unerringly correct in his market forecasts over the past three decades . Marc Faber is a Swiss investor.He was born in Zurich, Switzerland. He went to school in Geneva and Zurich and finished high school with the Matura. He studied Economics at the University of Zurich and, at the age of 24, obtained a PhD in Economics magna cum laude. Between 1970 and 1978, Dr Faber worked for White Weld & Company Limited in New York, Zurich and Hong Kong. Since 1973, he has lived in Hong Kong. From 1978 to February 1990, he was the Managing Director of Drexel Burnham Lambert (HK) Ltd. In June 1990, he set up his own business, which acts as an investment advisor and fund manager. Faber is publisher of the Gloom Boom & Doom Report newsletter and is the director of Marc Faber Ltd which acts as an investment advisor and fund manager.