Jim Rogers : Geithner is almost as bad as Bernanke

Jim Rogers :  I was on your network on February 2009 explaining to you that Mr Geithner did not know what he was doing and that soon the whole world and Mr Obama will find out too , nothing he has done has ever been right in 15 years , he is almost as bad as Bernanke ....he should not have gotten the job in the first place , please be serious ....- in Reuters
 


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 : Mr Geithner should resign

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%.