Marc Faber says Americans need to work more for lower salaries

BI-ME
October 18, 2011

Marc Faber the Swiss fund manager and Gloom Boom Doom editor spoke Tuesday about the Occupy Wall Street protests, blaming lobbyist and Washington for the current economic stagnation and characterizing Wall Street as a “minority” that is only “using the system.”

He suggested protesters should instead go after the real culprits in Washington and “also occupy the Federal Reserve on the way.”

Speaking in an interview with CNBC from Montreal, Faber blamed “Keynesians and US Democrats for their interventionist policies.

“There has been too much intervention in the Western World where the share of the total economy that goes to the government and is government sponsored has grown,” he said.

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26 Responses to “Marc Faber says Americans need to work more for lower salaries”

  1. “Faber says Americans need to work more for lower salaries.”

    I believe the title is misleading, because Faber isn’t talking about every American. He’s talking about servants, I mean civil servants — blue collar proletariat on the public dole.

    This misguided train of thought is typical of communists, who consider the menial laborer as being middle class, and who disregard the thinking and responsible entrepreneur — the ones who take legal and financial responsibility — as being completely alien to industry.

  2. I know where we could find a useful place for Mr Marc Faber, in the strawberry fields working with the illegals who work hard everyday just to make a dollar, make you work for once in your life.
    I have 100 times more respect for an illegal picking strawberries in a field from sun up to sun down, than i do for people like Marc Faber.

    • They must know they’re not competing with local labor.

      They won’t take responsibility for their own upkeep and have been pivotal in promoting the entitlement mentality.

  3. Occupy St Louis started in front of the Federal Reserve Branch and was moved to Keiner Plaza by police (or so the story goes). hopefully all the Occupy movements focus on the banks as the primary culprit

  4. Perle
    Wolfowitz
    Feith
    Libby
    Ledeen
    Krauthammer
    Kagen
    Wurmser
    Podhoretz
    Zakheim
    Kissinger
    Frum
    Pipes
    Cohen
    Kristol
    Grossman

    …and this one.

    • Do I talk this way?

  5. Get a life Marc F…

  6. RAMBLE THROUGH THE RUBBLE OF THE MANSIONS

    RAMBLETHROUGHTHERUBBLEOFTHEMANSIONSRAMBLETHROUGHTHERUBBLEOFTHEMANSIONS
    RAMBLETHROUGHTHERUBBLEOFTHEMANSIONSRAMBLETHROUGHTHERUBBLEOFTHEMANSIONS
    RAMBLETHROUGHTHERUBBLEOFTHEMANSIONSRAMBLETHROUGHTHERUBBLEOFTHEMANSIONS
    RAMBLETHROUGHTHERUBBLEOFTHEMANSIONSRAMBLETHROUGHTHERUBBLEOFTHEMANSIONS
    RAMBLETHROUGHTHERUBBLEOFTHEMANSIONSRAMBLETHROUGHTHERUBBLEOFTHEMANSIONS
    RAMBLETHROUGHTHERUBBLEOFTHEMANSIONSRAMBLETHROUGHTHERUBBLEOFTHEMANSIONS
    RAMBLETHROUGHTHERUBBLEOFTHEMANSIONSRAMBLETHROUGHTHERUBBLEOFTHEMANSIONS
    RAMBLETHROUGHTHERUBBLEOFTHEMANSIONSRAMBLETHROUGHTHERUBBLEOFTHEMANSIONS

  7. Lets cut Marc Fabers and his family’s wages first , and medical insurance, his retirement benefits, and have a trial run to see how he likes it.

    Then after some time like 99 weeks, sound familiar , have them come back and see how he feels about the cuts.

    Actually , lets do it to all elected officials. And any appointees and government employees that wont protect the constitution of America.

  8. Is he related to bernanke? little ben has the same idea, just goin’ about it in a different way. They all look sort of the same, these shysters. Even Herman Cain sort of looks like the rest of the shyster banker goons. Maybe they really are one big chitty family.

    • Marc Farber shall be deep-fried in his own fat and force-fed to The Gnomes Of Zurich, as his due for services rendered to the scum that has floated to the top.

  9. I am not so sure about salary levels ,but I am absolutely sure how much the benevolent ? government will let you keep.Since everything is taxed to much wants more,the average American,doesn’t stand a chance, regardless of what they can earn.

  10. Work more to have more “BURN A BUCK” parties!

  11. WORKMOREFORLESSWORKMOREFORLESSWORKMOREFORLESSWORKMOREFORLESSWORKMORE
    WORKMOREFORLESSWORKMOREFORLESSWORKMOREFORLESSWORKMOREFORLESSWORKMORE
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    WELOVEMORESLAVESWELOVEMORESLAVESWELOVEMORESLAVESWELOVEMORESLAVES
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    WELOVEMORESLAVESWELOVEMORESLAVESWELOVEMORESLAVESWELOVEMORESLAVES

  12. Instead, how about encouraging the robotizing of production (a natural development that is sabotaged by policies to “create employment”) , topping up consumer income through universal dividends in order to ensure the production can be bought, and enjoying the rest of our lives feeling gratitude for liberation at last from “the curse of Adam”? This of course is not likely to happen while monopolists continue to be allowed to control the money system and create a delusional dualistic “economics” (socialist/libertarian) that reinforces their dominance.

  13. WallStreet bankers are not simply working within the system. They control the SEC so they get special access to trading that the little guy cannot. Can you flash trade from home? I didn’t think so! The little trader has to jump through hoops. You can’t even daytrade unless you have $25,000 or more in an account. The big guys on WallStreet told the SEC to make this rule. It benefits them and hurts the little guy.

    Furthermore, the families behind the Federal Reserve like the Rockefellers created our trade laws. It was their goal to create a world government and take America down a notch so we could be more equal with poor countries. David Rockefeller himself devised some of the trade plans which hurt America on purpose. David Rockefeller needs to go to prison yesterday! We don’t need to take low wages. Been there done that! We need to fix our trade laws.

  14. SO LETS PUT THE S.O.B. IN CHAINS AND MAKE HIM WORK FROM SUNRISR TO SUNSET AND HE CAN EAT WHATEVER HE CAN GLEAN FROM THE FIELDS. BEAT HIM WITH A WHIP WHEN HE STOPS OR SLOWS DOWN. DON’T GIVE HIM ANY BREAK TIME. IF HE HAS TO URINATE OF DEFECATE, THEN HE CAN DO IT RIGHT WHERE HE STANDS. SEE HOW LIKES BEING A SLAVE!!!!!

  15. That’s easy for him to say , since he’s from Mars !!!

  16. Yes your typical tyrant. Don’t do as I do, Do as I say.

    The rules are always different for tyrants.

    • AS the “Master” said to the “Slaves”
      “I am the MASTER, you are the SLAVES!”

  17. Work More hours for Less Money? If there were jobs, then maybe, no I don’t think so. Let all the federal employees do it, work more hours for less money. Lets see how well that would go across to the overpaid government employees.

    How many people have been unable to find any type of job or the last several months? Good Luck. Its simple there are no Jobs, Zero jobs.

  18. I’ll bet that his punk-ass won’t work more for less!!

    • Bet he NEVER worked up a sweat on ANY ‘JOB” he held ! PHKR !

  19. Occupy Wall Street is well on its way! Some of the younger folk in the protests know something is wrong, but they don’t know exactly what, like alot of us woken up people do. What I don’t understand is, why are none of the names of the criminal elites on all the signs that the protesters are carrying? The thing that the elite cabal fear more than anything, is the knowledge that we know who they are personally…and total exposure is the only thing that will stop them! “End the Fed” is a great start, but it is still too benevolent. We should be carrying signs that show loudly and clearly that we know exactly who they are! That way they can’t hide behind the blanket term ‘BANKERS’.

    The signs should read things like “ROTHSCHILDS END YOUR RULE”, “ROTHSCHILDS SHOULD BE IN JAIL”, “ROCKEFELLERS ARE GENOCIDAL WAR CRIMINALS”, “KISSINGER WANTS 90% DEPOPULATION”, “QUEEN ELIZABETH PRINCE CHARLES ARE DEPOPULATIONISTS”, “KRUPPS ARE KILLERS”, “ASTORS ARE BANKER THEIVES”, “BUSH FAMILY ARE GENOCIDE PLOTTERS”, “BUFFET ENGINEERED ECONOMIC CRASH”, “GREENSPAN ENGINEERED ECONOMIC MELTDOWN”, “GLOBALISTS DEPOPULATE YOURSELVES – END YOUR RULE”, “MEROVINGIANS ARE THEIVES”, “WALDORFS ARE KILLERS”, “FREEMANS ARE CRIMINALS”, “CARNEGIES ARE CRIMINALS”, “SCHIFFS ARE BANKER CRIMINALS”, “MONARCH FINANCIAL RULE ENDS NOW”, etc.

    Unless we expose the ROOT CAUSE, the invisible ruling elite will still be there to do these things to us again another day. The important but lesser problems will get fixed properly once the ruling elite are gone and honest people are elected. Always aim to take down the very top peak of the pyramid….or nothing will ever change. EXPOSE THEM!! If the whole world knows who they are, they can’t hide.

    Each country that is protesting, needs to look up their countries ruling elite names, illuminati names, NWO names and get them on as many signs as possible and show the whole world who they are! If we focus on this one idea, they won’t be in power for much longer. Spread the word!! Don’t do this by yourself! This has to be done en masse….if only a few do this, they’ll be escorted away. But if tens of thousands do it at the same time, what are they going to do? Thay can’t get all of us. Strength in numbers!

    There are many more North American criminal ruling elite families that need to be exposed;

    CLINTONS
    WARBURGS
    LEHMANS
    MORGANS
    SOROS
    RUSSELS
    COLLINS
    RUMSFELDS
    CHENEYS
    KUHN LOEB
    LAZARDS
    VANDERBILTS
    DUPONTS
    MCDONALDS
    DESMARAIS
    and others….

    EXPOSE THESE CRIMINAL RULERS!!!! They need to see their own names on tv.

    Your fellow human being

    Leynna

    • THIEVES, not theives, but yeah those folks need more public scrutiny, a lot more than they ever gotten .Because the ‘priest class’ , Pharisees, royals, banksters – all the same – throughout the ages these are PARASITES upon mankind sent by the devil himself

  20. he is absolutely right… so the point is…? of course if the fed allowed deflation instead of bailouts and moneyprinting (dropping money from helicopters, as uncle benny used to say), then the falling prices would help everyone, including those making less

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