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I say things on Twitter

10/17/17

Marc Faber can go fuck himself


"I don't want to enter into a serious discussion of about the tearing down of monuments of historical personalities, but I cannot omit mentioning how the liberal hypocrites condemned the Taliban when they blew up the world's two largest standing Buddhas (one of them 165 feet high), situated at the foot of the Hindu Kush mountains of central Afghanistan, in 2001. But the very same people are now disturbed by statues of honourable people whose only crime was to defend what all societies had done for more than 5,000 years: keep a part of the population enslaved. And thank God white people populated America, and not the blacks. Otherwise, the US would look like Zimbabwe, which it might look like one day anyway, but at least America enjoyed 200 years in the economic and political sun under a white majority. I am not a racist, but the reality — no matter how politically incorrect — needs to be spelled out as well. (And let's not forget that the African tribal heads were more than happy to sell their own slaves to white, black, and Arab slave dealers.)"

There are several thousand things that could be said about this, but let's keep it succinct: Taking a myopic view of one segment of history, packaging it not only as an objective fact but the only one that should be considered, then using it as a prop for white supremacist opinion isn't just racist, it's the epitome of racism. I spit on your grave, Marc Faber.


UPDATE: I hope the boards of NovaGold and Ivanhoe follow suit quickly:

Sprott Announces Resignation of Director

TORONTO, October 17, 2017 - Sprott Inc. (TSX: SII) ("Sprott" or the "Company") today announced that at the request of the Board of Directors and Sprott management, Marc Faber has resigned as a director of the Company effective immediately.
“The recent comments by Dr. Faber are deeply disappointing and are completely contradictory with the views of Sprott and its employees,” said Peter Grosskopf, CEO of Sprott. “We pride ourselves on being a diverse organization and comments of this sort will not be tolerated. We are committed to providing an inclusive workplace for all of our employees and we extend the same respect to our clients and investors.”
Also, this on Bloomberg now:

*CNBC DOESN’T INTEND TO BOOK MARC FABER IN THE FUTURE

*CNBC SPOKESWOMAN MAKES COMMENT ON FABER IN EMAILED STATEMENT

UPDATE 2: And NovaGold and Ivanhoe also do the right thing:

VANCOUVER, British Columbia, Oct. 17, 2017 (GLOBE NEWSWIRE) -- Ivanhoe Mines’ (TSX:IVN) (OTCQX:IVPAF) values of equality, respect and dignity for all people are a fundamental underpinning of the company’s enterprise and the conduct of every aspect of its business. There is zero tolerance for racism. Ivanhoe Mines disagrees with, and deplores, the personally-held views about race that Marc Faber has published in his current investment newsletter. As a result, Ivanhoe Mines requested, and has accepted, Dr. Faber’s resignation as a member of the Ivanhoe Board of Directors, effective immediately.

NOVAGOLD Announces Departure of Director

VANCOUVER, British Columbia, Oct. 17, 2017 (GLOBE NEWSWIRE) -- NOVAGOLD RESOURCES INC. (TSX:NG) (NYSE American:NG) today announced the resignation of Marc Faber from NOVAGOLD’s Board of Directors effective immediately.