Monday, September 29, 2014

Marc Faber quotes Milton Friedman on poverty

We have an entitlement society. Milton Friedman wrote about this – the more you give to people, essentially the more poverty you create.

Monday, September 1, 2014

Marc Faber praises Julian Assange, Edward Snowden

I'm not so worried about government censorship but I believe that the media, in other words, texting and the Internet, has opened the eyes of many people because the media basically is controlled by powerful groups like News Corp and the Wall Street Journal, etc., and I think that blogs and so forth, and also people like Julian Assange and Snowden, have done a great service to the world by essentially exposing the viciousness of governments, like George Orwell described in 1984. 

I don't think this will go away, but we have to realize that if a government is really obnoxious they can just switch off the Internet and they can block sites, like in China you can't watch YouTube. It can be controlled.

And then in the space of the Internet there is also a lot of disinformation. If I was a vicious government I would hire some people to attack me without any reason and then I would go after these people to show that I'm actually the good person. So there's a lot of information and disinformation.

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