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18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
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Marc Faber’s Racist Newsletter Causes Outrage, Plus Scaramucci’s Holocaust Tweet

Dr. Doom just fucked himself by making racist comments in this month’s newsletter, which also cost him board seats and CNBC/Fox Business gigs. At this stage in his life, I doubt Faber cares. Then again, maybe he does? Either way, one has to wonder why he, all of a sudden, felt the need to “thank God” that white people settled in America and not “the blacks.”

Faber argued against the removal of confederate statues in America, saying they distracted from more important topics. Then he unloaded this gem.

CNBC reached out for comment; naturally, Faber defended his statements, saying, “If stating some historical facts makes me a racist, then I suppose that I am a racist. For years, Japanese were condemned because they denied the Nanking massacre.”

In other news, Anthony Scaramucci’s new media account tweeted out this puppy today, a pop quiz of sorts — testing his followers on the total death toll of jews in German camps.

Scaramucci claimed he wasn’t tweeting from that account and someone else had done it. He is furious and someone will be fired, according to his statement.

Jake Tapper was the first CNN’er to be outraged.

Then he tied in holocaust denial with nationalism.

‘Merica.

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25 comments

  1. indie

    First post!

    Fuck you Sarc.

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  2. sarcrilege

    Wow, 79% of misinformed and gullible snowflakes when it comes to holohoax. And M.Faber is right. And even if he was not right then it’s up to everybody else to present Faber with facts as why he was wrong. There’s no need for Faber to be attacked by marxists media just because of his views and opinions.

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    • slowmo

      The Nazi scumbag known here as Sac probably wore out his keyboard voting for less than 1 million, while screaming from the basement up to his mommy how unfair it was there wasn’t an entry for zero.

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  3. wolfdaddy

    Everything about that post is the truth. I’m glad he said it out loud.

    Also, why the fuck is it with Jews and their lazy eyes? With all the money Harvey has why does he not have that eye fixed.

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  4. ironbird

    Never fear. The “Rise of Nationalism” psyop is here.

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  5. infinitezuul

    I disagree with Marc Faber and my evidence is the space-age continent of Africa.

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    • derp

      I don’t know. You ever met a black African? Most of the tribes in that continent don’t have verb conjugations for future tenses. Think about that: your language cannot express the future. How the fuck do you make plans?

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    • The Maven

      Faber for God-King. What a wonderful post he made. And to all the manlets expressing outrage, tell us how you think this country would be right now if founded by fucking Africans. Take your time. Perhaps you could sprinkle in some lines from Hamilton or better yet, NWA.

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  6. fxtradepro

    Wow, this has got to make him a finalist for asshat of the year award. I’ve actually noticed a steady decline in Marc Faber over the past few years, from a sane minded bear-shitter (as sane minded as one could be of course), to someone who encompassed the traits of the late stages of syphilis psychosis. Good riddance.

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  7. soupbone

    Faber just wants air time, same thing over and over.

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  8. soupbone

    he does it because he can and he enjoys it.

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  9. firehorsecaper

    Faber was jealous that McAfee is the crypto nut getting all the press and he is left being the gold nut with the butterfly net. Faber will never be seen in the media again. Gloom, Boom, Doom just went Kaboom. Already lives in Thailand hence nowhere to banish him to.

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  10. Dr. Fly

    Racism is inherently stupid. To attach oneself to a collective of people based on race, trying to coopt the accomplishments of productive members of society, is for morons.

    The very real edge people have is through nepotism and a head start by being privy to best schooling. After that, it’s all hustle.

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    • ironturd

      Really taking a stand here against racism when all your Boy Scouts above hail Faber’s comments, brought to heel by your vegan dog whistle.

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      • numbersgame

        ironturd, what do you want Fly to do? Ban anybody who’s racist? At least he posted a comment, instead of just lying low. Besides, I like my racists out in the open, instead of under the sheets as Faber has been for decades.

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        • ironturd

          He has been lying low for over a year, he has a multitude of posts using objective hate speech terms, and this dumb little fucking comment is the only things he’s done. In the wake of shitty performance and trying to sell his book on Amazon.

          He profits from this community of racists and misogynists he’s rounded up.

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      • derp

        In Africa there are illustrated billboards helpfully explaining to the black males that rape is not helpful. Dwell on that for a moment. You’re driving home, there’s the Foxwoods casino billboard. There’s the state lotto billboard. There’s the billboard illustrating rape is bad.

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    • ferd

      I think that yours is a useful construct …and one that I often spout as well. Unfortunately, it’s not entirely (“After that, it’s all hustle.”) true. But it’s true enough and is more constructive than the truth.

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  11. numbersgame

    Here’s the thing: while there have been a few studies (none without controversy and bias) that have shown differnces in intelligences between races/cultures, the variance between populations is magnitude smaller than within the population itself. To simplify for the mentally deficient: even if it was proved without a doubt that whites were smarter than blacks, the vast majority of racists are still just Alpha-persoanlity flock-following sheep from the shallow end of the gene pool.

    Also, food for thought. Imagine 2 identical vehicles racing each other. If you give one vehicle a minute head start, it would be out of site of the second and the secodn would have no chance of catching up. Again to simplify: a small advantage ata critical time can lead to one civilization lapping another in terms of technological advantages. This get multiplied when the higher tech civilization takes the resources of the lower tech one, either by force or subterfuge.

    Also, Nepotism is a thing. Think about this. Currently, the Republicans are trying to get rid of the estate tax. If they succeed, here’s an example: Jake buys $10m worth of stock and doesn’t sell it. He leaves it to his son, Jake II, and the stock is now worth $100M. Jake II leaves it to Jake the 3rd, and it’s now worth $1B. Jake the 3rd has no useful skills, so he sells all the stock immediately. His tax bill is Capital Gains rate X ($1B-$10M), right? Wrong. It will be ZERO, becuase the cost basis when you inherit it is waht counts, not when the asset was firts acquired.

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