MARC FABER & JIM ROGERS: ‘Obama Is A Disaster, The Stock Market Should Have Fallen 50%, And You Should Buy Yourself A Machine Gun. I Need To Buy A Tank…’ ‘It’s Going To Be More Inflation, More Money Printing, More Debt, More Spending…’

• MARC FABER & JIM ROGERS: ‘Obama Is A Disaster, The Stock Market Should  Have Fallen 50%, And You Should Buy Yourself A Machine Gun. I Need To Buy A  Tank…’ ‘It’s Going To Be More Inflation, More Money Printing, More Debt, More  Spending…’! 
  by http://investmentwatchblog.com/ 
  Marc Faber, publisher of the Gloom Boom, & Doom Report, told Bloomberg  Television’s Trish Regan and Adam Johnson on “Street Smart” today that “Mr.  Obama is a disaster for business and a disaster for the United States” and that  he “thought that the market on his reelection should be down at least 50%.”
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  Faber also said “I doubt [Obama] will stay at the presidency for another four  years. I think there will be so many scandals” and that investors should “buy themselves a machine gun.”
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  Faber on President Obama’s reelection:           
  “I am surprised with the reelection of Mr. Obama. The S&P is only down  like 30 points. I would have  thought that the market on his reelection should be down at least 50%…I think  Mr. Obama is a disaster for business and a disaster for the United States. Not  that Mr. Romney would be much better, but the Republicans understand the problem  of excessive debt better than Mr. Obama who basically doesn’t care about piling  up debt. You also have in the background Mr. Bernanke, who with  artificially low interest rates enables the debt to essentially escalate  endlessly.”
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