Jim Rogers: Fannie and Freddie ... let the patient pass away

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07.75.08

Tags for this video: Fannie Fed Freddie Jim Mae Rogers

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The worst financial ... ( 4 months ago by Matt54e)

The worst financial journalists on TV

if you believe you ... ( 4 months ago by dan020350)

if you believe you are not sovent , then you should have another job. Stick it to her JIM!

airlines ... ( 4 months ago by dan020350)

airlines interesting.

hmmm? ( 4 months ago by darthisaiah)

hmmm?

i don't understand ... ( 4 months ago by masakmerah)

i don't understand why america needs freddie mea and freddie mac?? buying home loans from the banks unloads the bank's risks and caused more unregulated loans to be given out. in other parts of the world (mostly) there are no such gov. body that buys loans from banks.....the banks takes total risk and therefore they are more careful who they give out loans to.

old chicago proverb ... ( 4 months ago by garyowen4ever)

old chicago proverb,,,,,,,,fuck the fannie and freddie stockholders!,,,,go to hell yesterday!

Array ( 4 months ago by JNStMarks)

Jim Roger's,
Go to China, I could go anywhere I want to, however I plan on staying here in this wonderful country, and making sure this country goes to the top.
People, don't let this loser who has never worked a hard day in his life scare you. We are the Vikings from every other country, this will take this country back to where it was before loser bankers ruined us.
Get the heck out you bunch of crooked banker losers. Pick up a shovel and start sewing America you thieved from. Work!

Ummm...don't get ... ( 4 months ago by uhhuhcheckit)

Ummm...don't get mad at him for speaking what he knows. JNStMarks--if you want to make sure this country gets to the top, stay educated about what's really going on in the world and write to your representatives in congress. They'll only listen if they think people care/are aware of what's going on.

The poster who said ... ( 4 months ago by JNStMarks)

The poster who said write your congressman, well, you are so brilliant.
It's the only way we can make things happen. I think more people who DON'T graduate from IVY league schools should be running for congress.
It's the only way to get back to basic economy. Sorry, but this International Bankers group have no nation, no loyalty to any country, their are parasites living off our hard work. Bastards

How those ... ( 4 months ago by Yourdeadmeat69)

How those commodities you invested in Jim?
Down a third? Must be about 2 billion off the top.

Fannie Mae; Home of ... ( 4 months ago by LeeHarveyOswald63)

Fannie Mae; Home of crooks and political hacks, playground for legal robbery of the American taxpayer.

He called it again! ... ( 4 months ago by Hawks9718)

He called it again! News today says Fed expected to nationalize Fannie and Freddie this week. WAKE UP PEOPLE! We are being FUCKED on a level unprecedented in human history.

Made up for I would ... ( 4 months ago by ThomasMorton99)

Made up for I would imagine by his wisely shorting Fannie and Freddie.
And he's not a short-term trader. Agriculture will rise in the long term.

As long as ... ( 4 months ago by Yourdeadmeat69)

As long as worthless paper money backs anything, it will rise in relation to real money silver and gold, currently being held down by three banks shorting miners and spot, in order to keep the Fannie Freddie bailout from routing the dollar further.
I think he is in for a surprise with FNM/FRE common. The bailout fixes all but the common, but drags common with it as speculation because, everything else is fixed with a Fed checkbook. Limitless time to repair means the common has LIFE.

Yes but still way ... ( 4 months ago by BendoverBernanke)

Yes but still way up from his initial investment.

...statements by ... ( 4 months ago by Yourdeadmeat69)

...statements by Paulson and Lockhart that this is nobody's fault, just a flaw in FNM/FRE business models and housing downturn, that's ridiculous,'' said Armando Falcon, Fannie & Freddie's former government supervisor 1999 - mid-2005. ``These companies made a conscious decision to take on excessive risk to maximize profits and bonuses. They're not victims.''
They're frauds--bubble's burst, CEO's escaped 14 M EACH!
"Republican ownership society?"
Built on BS. Stay tuned for Depression.

im taking a survey. ... ( 3 months ago by garyowen4ever)

im taking a survey.......if AL QAEDA SENT OUR WASH D.C. GOVT up in smoke,,,,,,,,,,,would anyone on mainstreet gaive a damn considering all these WALL ST. buddy bailouts??? cast your vote, thumbs up or down.

Array ( 3 months ago by bmwstox)

Paulson & Bernanke are criminals who need to be thrown in Federal prison. The US taxpayer has been raped for another $5 TRILLION DOLLARS. Americans are idiots.

As long as the ... ( 3 months ago by Krezipken)

As long as the Federal prison is more federal than the FED since the FED is as federal as Federal Express ..

Bernanke and the ... ( 3 months ago by robk2020)

Bernanke and the Fed Bankers are getting exactly what they want: a total destruction of the US dollar which will lead to a US economic depression. Once we have an economic depression, the bankers (Fed)will transfer vast amounts of real property assets (real estate)to themselves and institute a new currency: the Amero.

If you are an ... ( 3 months ago by robk2020)

If you are an American, it is a good idea to brace yourself for 20-30 years of economic recession at best, or at worst a sustained economic depression. We are in for a rough ride to say the least.

"Bertha if your ... ( 3 months ago by EMPIRE0FLIES)

"Bertha if your blaming it on short sellers then.........you need another job" ahaha priceless

Yes that was ... ( 2 months ago by arijitrule)

Yes that was amazing. I mean they question this guy. I mean he has been telling about these bad company and US $ policy for so much time. I am sure these media gets huge money to promote these nonsense.

Jim Rogers is ... ( 1 month ago by ohiovr)

Jim Rogers is always entertaining. But isn't he just maybe a little shocked at what happened to the price of oil since May? He says that corrections of 40 to 50 percent have happened. What does he think of this 150 percent correction?

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