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Jim Rogers: “American Socialism for the Rich”

Posted By Barry Ritholtz On September 13, 2008 @ 3:30 am In Bailouts,Credit,Video | Comments Disabled

"America is more communist than China is right now. You can see that
this is welfare of the rich, it is socialism for the rich… it’s just
bailing out financial institutions," Rogers said.

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See also:  Welcome to the U.S.S.R. (United States Socialist Republic)  Citigroup  (PDF [1])

click for video

Jimmy_rogers_socialist [2]


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URL to article: http://www.ritholtz.com/blog/2008/09/jim-rogers-american-socialism-for-the-rich-2/

URLs in this post:

[1] PDF: http://bigpicture.typepad.com/comments/files/dowfed090808.pdf

[2] Image: http://www.cnbc.com/id/26603489/

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