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LET THEM FAIL ! NO BAILOUT ON MY BEHALF JIM ROGERS

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Uploaded by on Sep 30, 2008

The House of Representatives approved $700 billion bailout of Wall Street with a 263 to 171 vote today.Bad news!It shows that only 171 members of the HR are for people, not for few Wall Street gamblers who gambled away our collective fortunes.

http://www.cnbc.com/id/25684069
15072008 (Jim Rogers knew it before it happened, here on CNBC he talked about it on 15 July this year)
Jim Rogers explains why the US taxpayers should not bail out the Wall Street gamblers who have been devoid of insight. I agree.Let them fail.
Read the article 'The Great Bank Robbery of 2008' by Robert P. Murphy at
http://mises.org/story/3132 (Ludwig von Mises Institute's website)

http://www.cnbc.com/id/25684069

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Uploader Comments (aakozanoglu)

  • How can people dispute the fact that Jim Rogers was right. And by the way its not a political position, this segment was while bush was in office. He is against bailouts.

  • Most people tend to fall victim to cerebral dysfunction. They need to see the mistakes repeated over and over again.Still they are incapable of seeing the picture.

Top Comments

  • "Get a balance sheet.. get someone to explain it to you.. You should have another job." ROFLMAO!!

  • Bertha got OWNED!

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This video is a response to DEBTORS REVOLT BEGINS NOW!
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  • @dellamalo It's because he's a businessman, he knows how markets work he knows what banks want, and he's sick of it!

    People who aren't convinced yet by Ron Paul should listen to Bill Rogers, one of the wealthiest men in America.

  • Bertha is one stupid bitch in business ethics. She's been fed the kool-aid of socialized companies.

  • Listen to the Media..listen to how incapable they are of any connection to painful reality. This is the same Media

    that turned an empty suit, hack Chicago

    hustler into the Messiah...because he was black and punched their PC checklist.;

  • exactly...it irritates me when someone like myself from the general public has more intelligent questions than financial news reporters that are at least supposed to be educated on the issues...i feel bad for jim because he has to sit there and restrain himself from telling these people how stupid they sound..although he did in the classiest way possible..."get another job"..lol

  • I completely agree.

    We need to take repsonsibility for our actions, even when they cause us to fail. But the failures only teach us lessons to help us not to fail the next time around.

  • no bailout for anyone

    we should let anyone that failed to fail its their fault

    how come small town banks and saving and loans are ok becuase they were careful with the money and did not risk so much

    the big financial corporations because of greed invested with great risk let them fail

    let the auto companies fail its their fault for betting on the SUVs

    this is capitallism not socialism

  • none of the above

  • yeah u most probaly work for Freddie mac as an executive. lol Or Fannie mae. Which 1 is it bpowersman

  • have u seen what 5 trillion dollars looks like mate????? When u have the time i recomend u look at a picture. I saw a pic of 5 trillion comapred to 5 billion. lol lol lol. It was like a firecracker next to a nuclear bomb. Dopes

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