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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/avp.htm?cli pSRC=mms://media2.bl oomberg.com/cache/vI QvD7yNni2I.asf
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Jim Rogers on US Economy, FED, Ben Bernanke, Ron Paul and recession
original location: http://www.ft.com/cm s/893ac9c8-757e-11dc -b7cb-0000779fd2ac.h tml?_i_referralObjec t=579721586&fromSear ch=n
Video duration: 360 seconds
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2008.03.17
Jim Rogers on Bloomberg: FED action is outrageous and FED is using taxpayers money to buy Bear Sterns Maseratis.
original url: http://www.bloomberg .com/avp/avp.htm?cli pSRC=mms://media2.bl oomberg.com/cache/vp sp3dpnTUuA.asf
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Video duration: 410 seconds
Global video hits: 16324
In 1969, Fred Rogers appeared before the United States Senate Subcommittee on Communications. His goal was to support funding for PBS and the Corporation for Public Broadcasting, in response to significant proposed cuts by President Nixon.