The regulators should be in jail Jim Rogers
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pompous old fucks
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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
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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.
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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.
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cash itsself is toxic worthless waste!
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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!
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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.
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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.
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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.
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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.
jim rogers is a walking financial history book. that is a big part of the reason why he's a billionaire. soo cool.
zeratul65535 2 years ago 10
go watch the creature from jekyll island, slimy bankers!!
Isawanangel1X 2 years ago 4