See previous incidents under the tag “White Guy Loses His Job”
Culture hero of the week was surely investment guru and gold bug Marc Faber, proprietor of the Gloom, Boom & Doom market newsletter.
I can’t afford a subscription to that periodical— it’s $300 a year— but of course, as a fellow pessimist, I follow Mr. Faber’s pronouncements with keen attention when I can get them for free.
In the latest issue of that newsletter, Mr. Faber committed the following thing:
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.
‘Dr. Doom’ Faber: ‘Thank God white people populated America’, by Jeff Cox,CNBC.com, October 17, 2017
Faber also passed comment on the matter of Confederate statues, which was September’s nationwide moral panic, October’s being of course the Harvey Weinstein business. Those statues are, he said, “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.”
Much shrieking and swooning ensued. CNBC, Fox News, and Bloomberg, all of whom had been using Faber as a talking head for years, said he would no longer be an invited guest on their business programs. As of Thursday at least five companies have dropped him from their boards, a loss of annual income to Faber of around half a million dollars.
Faber is unrepentant. In email exchanges with the Toronto Globe and Mail, he defended himself very robustly: “Why should I regret stating historic facts?” Asked about those corporate boards dropping him, he sniffed that
If saying what I said leads to these consequences I prefer not to be on these boards … I think the corporate world is now run by compliance people. In this context I understand their firing me.
Investor Marc Faber stands by racist remarks as corporate boards cut ties, by Niall McGee Globe and Mail, October 18, 2017
Faber even had the effrontery to own the “r” word, replying to an email query from a CNBC reporter airily that, quote: “If stating some historical facts makes me a racist, then I suppose that I am a racist,” end quote.
That kind of obstinacy in defiance of Western society’s most holy dogmas of course just baffled the guardians of orthodoxy. Doesn’t Faber know he’s supposed to weep, grovel, and flagellate himself?
Here is someone named Richard Leblanc, associate professor of law, governance and ethics at York University in Toronto. Asked by the Globe and Mail for a comment on Faber’s refusing to apologize and even doubling-down on his remarks, Professor Leblanc [Email him] honked that “His reaction is odd. It actually makes it worse.”
In best Soviet style, some Goodthinkers wondered whether Faber was suffering some kind of mental impairment, perhaps under the influence of narcotics. To that our hero replied: “Since I have only taken cocaine three times and marijuana about ten times in seventy years, I did not think these were appropriate comments.”
It goes without saying that we at VDARE.com heartily approves of Marc Faber, of both his original comments and his refusal to back down from them. In hopes of encouraging more such acts of ideological defiance, let’s see if we can uncover some causes for Faber’s.
I can finger three possible causes without thinking very hard.
- Number one, he’s Swiss.