Jim Rogers : Bailing out Fannie makes situation worse
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jim rogers is of the few of his kind. he is so right about those crooks in government which under the pretense of acting for the best interest of their people all they do is just help each other out and their cronies.
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The Market won't change who's in control is. It's all about control, that's what the bailouts were about. Those companies don't want to lose control and are buddies with the Government. We'll still eat and have cars to buy and water to drink no matter who is in charge of it.
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yeah but at least he sounds more down to earth than the crazies he's talking to.
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People don't understand. If Fannie Mae and Freddie mac fail other companies will take over. Just like with everything. If Wendy's went under mcdonalds or some other fast food or a new one would take over the new available space/profit. Proping up Bad Companies is not the answer. It would be like if Burgerking gave bad customer service made no money and the Government kept giving them money to keep goin' even though noone is buying. Thus upping inflation/taxation. That's not fair to us.
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LOL..Birtha "Jim , you are a parrot" ha ha ha ha ha ha ha
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he got a short on the stock straight bias lol
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Bertha must be kinfolk to Obambi. She is about as ignorant on economics as he and his team are. You just don't get into an argument with a recognized money genius like Rogers with no facts to back up your argument.
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So funny about phone calls.
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Rogers talks a good line, but don't forget he has his own interests at stake.
What he's saying is good for him.
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DAMNNNNNNN YOU GO OWNED CNBC
Put this guy on John Stewart
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He told Bertha if you soley blame the short sellers then you ought to get a new job...LOLOLOLOL.
I would really like to see Rogers make Cramer look like the fool that he is.
KingDrudge 3 years ago 8
Jim Rogers is fantastic. Bravo!
imnos482 3 years ago 8