Marc Faber: Obama, Romney Are Undesirable Candidates for Fixing the Economy

Marc Faber: well I mean to tell you the truth , if you put a gun on my head and you tell me you must chose either Mr Obama or Mr Romney I'd say please shoot
I think both are undesirable , one is basically buying votes by distributing money through all kinds of subsidies as you know , now almost half of the households in America have one member that receives some subsidy by the government either food stamp or social security or God knows what , so Mr Obama is a big time spender at the same time you have Mr Romney he will also be a big time spender but less on social programs and more on the military and the deficit , people talk about the fiscal cliff , they have no clue there is not going to be a fiscal cliff it's the fiscal grand canyon , endless .....