Jim Rogers: Let the Fannie and Freddie go bancrupt

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Here is Part 2: Jim Rogers on Bloomberg 2008.07.14 (part 2)

Updated: July 16, 2008 Added another video

peacespeech

Jim Rogers in interview with Bloomberg said that government has no authority to buy Fannie and Freddie stocks and should have allowed them to go under. He said also that Paulson and Bernanke hear only Wall Street but don’t care about inflation and the rest of Americans.

full interview: http://www.bloomberg.com/avp/avp.htm?…

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Jim Rogers: Bailing out Fannie makes situation worse

Bailing out Fannie and Freddie makes situation worse, says Jim Rogers on CNBC on tuesday, 2008.07.15
full interview: http://www.cnbc.com/id/25684069

see

Fannie and Freddie symptoms of larger problem

American Economy: “The Veil of Money” by Josh Sidman

6 thoughts on “Jim Rogers: Let the Fannie and Freddie go bancrupt

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  2. Many Americans are still under the idea Fannie and Freddie are already Government agencies.

    By letting this two go belly-up – would it not just clear the way for a larger, potentially over-seas, bank to capitalize on the vacant space created.

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  4. Pingback: Jim Rogers on Bloomberg 2008.07.14 (part 2) « Dandelion Salad

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