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10-11-2011, 05:16 PM #1
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Marc Faber To America: Tighten Your Belts, You Need To Work
Marc Faber To America: "Listen You Lazy Bugger, You Need To Tighten Your Belts, You Need To Work More For Lower Salaries"
Submitted by Tyler Durden on 10/11/2011 14:51 -0400
Video at the link:
Once again, the latest fire and brimstone sermon by Marc Faber is absolutely spot on, starting and ending with his "policy" recommendation for what the US needs: "I will tell you what the US needs. The US needs a Lee Kwan Yew who stands in front of the US and tells them, listen you lazy bugger, now you have to tighten your belts, you have to save more, work more for lower salaries and only through that will we get out of the current dilemma that essentially prevents the economy from growing." No money printing, no extensive protests, no excuses. Of course, this would have to accompany a global overhaul of the system, something Zero Hedge has been advocating since day one, as it is impossible to reform this broken system from within: "The problem i have with the investment universe is that i find it difficult to envision how the US and western Europe can return to healthy sustainable growth without a complete purge of the financial system and some type of catalyst. Something that restores some measure of social cohesion among people; it could be hyperinflation, a complete credit market collapse, widespread sovereign defaults, civil strife, major military confrontation.â€Join our efforts to Secure America's Borders and End Illegal Immigration by Joining ALIPAC's E-Mail Alerts network (CLICK HERE)
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10-11-2011, 05:37 PM #2
We will never return the American working class to prosperity by lowering wages and reducing regulations on our already largely unregulated gangster capitalists. What we need to do is stop ALL trade with China and othe 3rd World nations and brng back the factories to the USA. Pat Buchanan has all the answers. Read his books and articles!
Hmmm. . .if*Americans are so racist, why do so many*people want to live*here??* One would think we wouild need border walls to keep them here under racist rule rather than building walls to keep them out!
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10-11-2011, 05:48 PM #3
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Originally Posted by AchillesJoin our efforts to Secure America's Borders and End Illegal Immigration by Joining ALIPAC's E-Mail Alerts network (CLICK HERE)
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10-11-2011, 07:18 PM #4
I thought most American families were requiring 2+ jobs to earn what one wage earner used to provide?
It already takes 2+ incomes per family, how do we... oh yea we can just reinstate child labor and get rid of the 40 hour work week and all those other worker health and safety laws that are such a nuisance to our Globalist overlords.
WJoin our efforts to Secure America's Borders and End Illegal Immigration by Joining ALIPAC's E-Mail Alerts network (CLICK HERE)
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10-11-2011, 07:19 PM #5Originally Posted by Achilles
Obama toyed with laws to restrict the shipment of US jobs overseas. I'm not sure of all the ramifications of the fair trade/free trade issue, but I don't see a lot of hope that the probusiness lobby would help much, unless there is an authentic genius in charge at the federal level who can get US business and labor, union or not, working together."Men of low degree are vanity, Men of high degree are a lie. " David
Join our efforts to Secure America's Borders and End Illegal Immigration by Joining ALIPAC's E-Mail Alerts network (CLICK HERE)
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10-11-2011, 07:30 PM #6Originally Posted by CaptainronHmmm. . .if*Americans are so racist, why do so many*people want to live*here??* One would think we wouild need border walls to keep them here under racist rule rather than building walls to keep them out!
GALLUP POLL: Immigration the most pressing issue in America for...
05-03-2024, 11:30 PM in General Discussion