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Jim Rogers - Fannie Mae / Freddie Mac / US Federal Reserve

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Uploaded by on Sep 14, 2008

Jim Rogers explains why the US Dollar is tanking, and wallstreet bailouts by the federal reserve so investment bankers can drive their 'Maserati's' ; towards the end of the video comments on the Fannie Mae / Freddie Mac bailout by the federal reserve, which will be paid for by us - the taxpayers.

Mr. Rogers' at one point says "That's not the way Capitalism is supposed to work - that's Socialism for the Rich."

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