Jim Rogers : I would ask for Mr Geithner's resignation I would abolish the Federal Reserve and I would ask for Mr Bernanke's resignation , I would also cut spending very very dramatically ,you have to take a chain saw to it and do something dramatic , you have to change other things you have to change the tax code , we have a huge litigation problem in America which is destroying us , we spend huge amount on medical care and education for instance but a lot of that goes to litigation... many things got to be changed I doubt that they will be , but that's what should be done ""we have troops in over a 180 countries around the world they are not doing anything except making enemies around the world , they are not helping us , read some of the things we are spending money on you will be appalled , but apparently if you say the right thing to the right congressman you get the bill passed and the money spent somebody got to stop that "
((((( The Jim Rogers Interview starts at approximately 08:00 )))))))
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%.
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