Jim Rogers - Wall Street bailouts are damaging the System

Night Talk: An Interview With Jim Rogers Chairman of Rogers Holdings

Jim Rogers I am worried when I see what is happening in the United States
I hope you are worried says Jim Rogers because d when I see what is happening in The United States it is worse everyday , when you see the demise of the UK I am afraid it is happening in here , because those guys in Washington they make mistake after mistake after mistake , the biggest mistake they made is going to Wash should have stayed home...we are spending trillioins of dollars bailing out wall street and their mistakes and that is damaging the whole economy ....300 million Americans to bail out a million people and their failures , this is not good for America we are damaging the system , we are weakening the system dramatically

Jim Rogers president of Rogers Holdings is a successful hedge fund manager, investor, writer and regular media commentator. In the 1970's he co-founded with George Soros the Quantum Fund, a private investment partnership which invested in commodity futures, among other investment vehicles, and experienced superior returns over 10 years. former partner and co-founder of the Quantum Fund, and a truly legendary international investor who helped generate a 4,200% total return over a 10-year period .Jim Rogers is always bullish on Asia Commodities Agricultural Products gold and silver . Rogers has been chronicled in John Train's “Money Masters of Our Time”, Jack Schwager's “Market Wizards” and other books. He is the author of several books on investing and the market, and in December of 2004 published “Hot Commodities: How Anyone Can Invest Profitably in the World's Best Market”. Jim Rogers once said about investing in commodities :"Investing in commodities can be a hedge against a bear market in stocks, rampant inflation, even a major downturn in the economy. In fact, I believe that investing in commodities will represent an enormous opportunity for the next decade or so.”
Jim Rogers Commodity Index Rogers International Commodity TRAKRS , trades on the Chicago Mercantile Exchange under the ticker symbol RCI. The RCI represents the U.S. dollar value of a basket of 35 commodities consumed in the global economy both in developed and emerging markets