The regulators should be in jail Jim Rogers

[Shukria123]

pompous old fucks

[swu880]

The only real solution is to kick out all these govt agencies, all these govt regulations. Restore property rights, restore the fuckin constitution, then let the free market do its thing. And let the companies succeed & fail on its own. Dont get involved and we will have the best, most efficient & most effective systems possible

[swu880]

If we just had property rights & none of these reg agencies, then when someone screws up, whether it be bad food, bad water, bad drugs, bad finances, etc, then someone will have their asses sued off & the system will self cleanse itself

But these regulatory agencies not only WASTE capital STOLEN from the american public, they also prevent any of these good things from happening. Regulators such as the cdc & fda are in bed with the companies they are supposed to be regulating.

[astro7894]

cash itsself is toxic worthless waste!

[beancube2010]

Who're the real bosses of those regulation institutions? When regulations are not communicated by majority of the population but controlled and manipulated by some minority groups behind close doors in Wall St, what regulations are they? This's a dark age of absurdity rule again. We've enough technology capacity to house every single individual of this country if those control freaks don't twist it into economic setback and blame on us. Send lot of new bloods to Washington this Nov. and reform!

[swu880]

@beancube2010

Regulatory agencies are an in effect not practical agencies. its an impossible & foolish job to regulate anything- whether it be food, drugs. water, jobs, economy, etc. It is not only immoral but also creates moral hazards, distorts the systems, and fucks up property rights which are the most important aspect of life.

[at1212b]

The other dude seemed pretty cool!

[Snowflake70]

What's with these "bow ties?" Enough! This isn't a party - there is no celebrating. It's not a dinner party - or gala event. It's about jobs, peoples lives, life and Death... It's about hungy kids and homeless veterans. Annie - where' your gun darlin....?

[WesSeid]

Do not question the bow tie.

[Snowflake70]

Not questioning the bow tie is most probably one of the largest factors responsible for the global financial melt down- prove me wrong or remember I am an American living in America and I can question anything and everything I want to. All you have to do is answer the question or go on about your own business and let me live my free life.

[SmidgenOffKilter]

Only the market can determine the worth of these "toxic" assets. Banks retain them on their books to overstate their balance sheet to keep a false solvency. I look for another 900 banks to collapse by the end of 2010.

[Arginine88]

good interview

[KamikazeKoscki]

The problem is the tombstone SEC who are dumb and can not figure out how to capture the crooks, and judges are just as bad, you tell them the law and they side with corporate corruption, lawyers are lazy and won't do their jobs either.

[sugarpuddin88]

Bernanke, Geithner, Rubens, Summers, Goldman Sachs, JP Morgan & the Federal Reserve Bank know exactly what they are doing by collapsing the US Dollar:

The purpose of this financial crisis is to take down the U.S. dollar as the stable datum of planetary finance and, in the midst of the resulting confusion, put in its place a Global Monetary Authority [GMA - run directly by international bankers freed of any government control] -a planetary financial control organization" - Bruce Wiseman

[mogodbilealadamnbama]

Hey, I thumbed you back up to zero... not that I'm looking for a pat on the back.

Neither our politicians, nor the alphabet agencies, nor their lawyers are dumb, though. It only looks that way to us.

I view them as supervisors, managers, directors, etc.; of a bankrupt, multinational corporation. They're just trying to manage the bankruptcy.

It's an impossible task though, because at some point, the assets they claim to control (you and me) will revolt.

History repeats.

[abdighazi]

the regulators r enforcers for a monopoly consortium, oligopoly, called market failure in microeconomics. it stopped being capitalism decades ago. Uts transnational socialism except capital is in the hands of a private equity elite, not government or voters. And its optimization lies in absolute poverty for the max. optimal number of people. this video and jim rogers is a psyop from mi6 soros , the cartel.

[mogodbilealadamnbama]

I'm not ready to roll Jim Rogers under the bus just yet - remember he is an ex-partner to Soros.

We're playing Monopoly. The problem is, nobody told us we were playing Monopoly, or if they did, they didn't explain, or keep changing... the rules of the game. You know this game. If Lehman lands on "go to jail", let it be. But if Merrill lands there, give BoA a few billion in cash to bail it out. Ditto JPMorgan and Bear. Crony capitalism, I believe it's called.

[abdighazi]

crony capitalism, or oligopoly market failure, or in post war reform efforts, cartelism. Cartelism is the raison d'etre of fascism, even when it walks in carrying a croos and a flag. and roegers is such a crony, pushing an idea, unlike any other trader, apparently as part of his retirement in chindia, on behalf of who knows, but soros is tied to him, and likely to matt taibbi's attack on goldman. a scape goat for the club, the cartel.

[whereismybailouttv]

The news channels will contiue to have screaming head "debates" about this to fill airtime. And the cottage industry of "experts" will continue wth writing books, making DVD's and working the lecture circuit, making money off this.

Seems like everybody else is getting rich except the people at the bottom.

[sugarpuddin88]

Last week: America's 6th largest bank, Colonial Bank, just went belly-up!

1.5 quadrillion in bad derivatives; & who knows how much in the ponzi scheme known as CDS

Right now Citigroup is buying its own debt, and booking it as a profit, (just like the Federal Reserve Bank & US Treasury department selling debt to each other). The bank bailouts are like an arsonist getting bailed out with charcoal & lighter fluid! Expect deluded bible-thumping idiots to continue buying their stock.

[whereismybailouttv]

Obviously the London anchor only cares about not losing his very well-paying CNBC gig. And then maybe he'd have to go and stock shelves at Tesco.

Having had a go at him, now the rest of it. Bernanke and Geithner will avoid putting a value on toxic assets as long as possible. Which means people will continue to talk in circles around this whole problem.

Obama won't let any other Wall Street firms go bankrupt. Congress will continue with more pointless "hearings."

[JackNeedles]

Great video, but I disagree with that other guy about the assets. You can't just "figure out" the value of these assets because, in this environment, with collapsing resedential and commercial real estate, these assets continue to deteriorate in value, which means the longer these banks hold on to them, the more money they will lose. They still want a profit - which won't happen - this is one reason why they're still holding onto them. The government needs to let these guys fail. Period.

[sugarpuddin88]

CIA dir nominee Greenburg is CEO of AIG; Ret CIA dir Slatkin is on Citibank board; Ret CIA dir Deutch boards Citigroup; CIA Exec Dir Krongard profited in millions off 911 insider trading & Chaired investment bank A.B. Brown & Vice Chair of Banker's Trust; VP of NYSE Doherty is x-CIA; CIA Dir Casey chairs SEC; Bush Sr worked CIA since 63 & chair investments with Bin Ladens, younger Bush runs WTC security (allowed 6 days w/out security prior to 911), only money Lil Bush made was through Bin Ladens

[HeatForce]

Lol I like Jim. Whether you're a liberal, a conservative, or an independent; whether you support social programs or not - I think we can all agree that the US has to get its financial house in order before we can start having such luxuries. At this rate we'll become a damn banana republic. Oh yeah, vote all liberty candidates in 2010. Im already very tired of Obama or as I like to call him - Little Bush.

[john5246]

On a side note, I love Julia Borstein, she's so sexy/fine, I'd hit that form every position.

[kidcapri009]

We all would hit that tight ass. But put your dick down for a minute and focus on what our Father Jim Rogers is saying.

[john5246]

I love the idea of letting these idiots be paid in toxic assets, made Jim Rogers laugh and I was laughing as well. What a great idea!!

[john5246]

Of course the real problems are still ahead of us. FHA came out with some news that they are short on cash to insure their loans...guess who's going to come in with the money to save them... YOU & ME!!! Yup there's no bailout too big, no company too mismanaged, no person too corrupt, and no man too stupid for us to let fail!!!!!!!!!!!!!!! If you thought th GM bailout was bad wait till we have to fork over $100Billion+ to the FHA.

[lindabebe835]

Yeah, let them use taxis. Parasites need to come to reality and stop putting the load on taxpayers.

[zeratul65535]

jim rogers is a walking financial history book. that is a big part of the reason why he's a billionaire. soo cool.

[MengersDisciple]

Non-propaganda History + Austrian Economics = Successful Life

It's really as simple as that.

[john5246]

Since when is Jim Rogers a Billionaire?? Show me some proof?

[0PsycoDad0]

We have a saying of which literally translates: to make the goat the gardener.

Isn´t the real problem in what is discribed in the euphimism "conflict of interest"?

All these top WallStr bankers in the intstitutions designed to supervise WallStr in the first place?

[Isawanangel1X]

go watch the creature from jekyll island, slimy bankers!!

[bossduff]

great vid. Why don't these guys run for office.

[disciple90633]

Peter Schiff is running for senate in Connecticut. His views are almost exactly on par with Jim Rogers.

[Tasadaru]

That other guy, the older fellow, explained the situation very well. If not now then when?

[stellaconcepts]

they're getting paid in toxic USD anyhow.

[Lingerfoot]

Who is getting paid in toxic USD? What about The North American Union and The Amero? Jesse Ventura and Ron Paul - 2012!

[stellaconcepts]

the bankers - they said in this vid they should pay the bankers with the toxic assets they are selling - well they are getting paid in toxic trash anythow

[BlacksAreBeautiful]

yes, but i wonder if these guys are'nt taking all that stolen toxic trash and snatching up lots of Gold and other commodities..That would be a serious problem too!

[sugarpuddin88]

AIG got 10 times more than Autoindustries; and sent most of it to Europeans!

Then spent over 400,000 for a weekend pedicure in Malibu!

AMERICA DOESN'T EVEN PRINT ITS OWN MONEY - Money is created by all banks in any amount they please, (from a practical standpoint, there is NO limit to fractional lending amounts)!

America is not the Engine of the global economy It doesnt produce

America is the Caboose of the global economy because it consumes & borrows

[chena3]

parsnips

and

silver...

badgers be damned