Jim Rogers discusses Gov At Home as a means of fixing the problems that are facing America. Would you rather have your Congressman living in DC or your home town? : " I realized , actually Sean I wrote a book in the early nineties called 'investment biker' during my trip around the world on a motor cycle and in that I had a chapter in which I suggested in one of them there was : why do we send everybody to Washington or Ottawa , that was the way to do things in 1789 when America was established , we had to send everybody to Washington because there were no phones there were no internet there were no nothing no telegraph , travel was difficult , so that's why you send up a government , nobody send up the government in 2015 , 2020 will do it that way , now we have videoconferencing , internet , now you can do anything you want , big meeting where people can write documents together even if they are thousands of kilometers afar , what I said is what we are doing now is a terrible waste time energy money , worse than that Washington is full of lobbyists and nearly all laws are written by lobbyists and certainly strongly influenced by lobbyists and so the American public has little to do with how laws come out or what's good for us , what I say why don't we do it differently , why do not we make the congressmen stay home , make them vote from their own districts where their own constituents can watch them vote , now if go to a vote in Washington you'll see lobbyists lined all up and down waiting for the congressmen to come in so they can make sure it's in their mind how they're supposed to vote and what they're supposed to say , wouldn't be better if each person was in his high school gym in Nebraska or in his own office in Oklahoma or something where the people could have the influence instead of the lobbyists , lobbyists will still be around but they'll have to travel to 535 districts instead of what we do now , that we bring all the congressmen to Washington for the thousands of lobbyists to influence , so I said even in 1994 I thought I saw the popularity but certainly in 2014 2024 it will be extremely easy and better to have all government done by people who study at home listen to their constituents , children go to the same schools they buy food in the same grocery stores they ride on the same highways or the same public transportation , America will be a lot better off , sure it will be different and it will be better off " " I assure you if they voted on TARP and everybody was in his own district where people were suffering right left and center , we would have anybody ho would have the nerves to say we gonna send a few trillion dollars bailing out some banks on Wall street while all of us here in Kansas in Colorado in Oregon are going down the tube , probably it would not have happened at all "
Government at home, gov at home
Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.
Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.
Friday, July 1, 2011
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Jim Rogers "the 19th century was the century of the UK , the 20th century was the century of the US , the 21 st century is going to be the century of China "
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