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Jim Rogers : Let the Fannie and Freddie go bancrupt

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Jim Rogers in interview with Bloomberg said that government has no authority to buy Fannie and Freddie stocks and should have allowed them to go under. He said also that Paulson and Bernanke hear only Wall Street but don't care about inflation and the rest of Americans. full interview: http://www.bloomberg.com/avp/a... .

Channel: News & Politics
Uploaded: November 30, 1999 at 12:00 am
Author: peacespeech

Length: 09:37
Rating: 4.99
Views: 47715

Tags: Ben  Bernanke  dollar  FED  gold  Henry  Jim  Paul  Paulson  Rogers  Ron  

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Video Comments

bvonmoss (November 30, 1999 at 12:00 am)
They don't like what he's saying, and are ready to scold him, but they keep inviting him back. How about Betty Liu? She's upset when he's praising China. That woman's boss is just pressuring this lady and Betty Liu. Looks just like Ron Paul at those debates exposing the industrial military complex business.
dopeskies (November 30, 1999 at 12:00 am)
thats it im moving to south america
basiclifej (November 30, 1999 at 12:00 am)
he is the only rich man that i really admire!!!
killergames187 (November 30, 1999 at 12:00 am)
Your 100% right!!
jengacrock (November 30, 1999 at 12:00 am)
Jim Rogers is right on target. We can't bail out the world! Whats so damn bad about bankruptcy? Let the banks go to Consumer Credit Counseling, work out some payment plans and let them get back on their feet. If the damn banks and mortgage companies would work out something with the customers instead of foreclosing...something is better than nothing...this will work it's way out to where everyone wins. But the bailout only helps the crooks.
KhmerD0g (November 30, 1999 at 12:00 am)
agreed. withdraw all your money. stock up canned foods, gun, ammo, water, gasoline, etc. for the next 3 years. we will have inflationary depression. just today oct. 12, 2008 report came out that the Fed will print UNLIMITED amount of money to insure all financial institutions. damn. that will kill the dollar. the dollar will be worthless.
kraskata2012 (November 30, 1999 at 12:00 am)
The dollar is dead. Bernanke is hyperinflationary idiot.
JLKAJFLKDFKSDKJF (November 30, 1999 at 12:00 am)
i love rogers, he always gets mad at these cnbc cowards because they're smoke screening the biggest crime of the century. someday these ladies will realize their treason and hang themselves. rogers if you read this just call it like it is next time and say the fed and british royalty needs to be arrested, you're understating whats happening.
mesler1 (November 30, 1999 at 12:00 am)
Applied Austrian economics = win.
KLguy133 (November 30, 1999 at 12:00 am)
Yes indeed communism and capitalism are just words to control people and CCP and USA are run by the same bunch of grubby scum bankers.

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