Jim Rogers correctly points out that government should not intervene in the economy. Paulson, Bernanke, and Bush should not be allowed to prop up Fannie and Freddie and put the taxpayers on the hook for another $5 trillion in debt. Government intervention does not accomplish its stated goals. It only distorts markets, which leads to more detrimental and unintended consequences (see Lew Rockwell's recent post on Mises.org).
TVR reported on Roger's Bloomberg interview from yesterday. Here is Roger's spectacular performance on video.
Bloomberg Interview
Rogers also appeared on CNBC today. Notice the reporters struggling to defend big government and their unelected central bankster friends.
CNBC Interview






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