“America is more communist than China is right now,” grumbled Jim Rogers on CNBC yesterday. “This is outrageous. Who are these people who are taking our money and doing this and ruining America?”
“You can at least have a free market in housing and a lot of other things in China. And you can see that this is welfare for the rich. This is socialism for the rich. It’s bailing out the financiers, the banks, the Wall Streeters.
“Bank stocks around the world are going through the roof -- that’s because they’ve all been bailed out. You don’t see the homeowners in Kansas going through the roof, because they’re not being bailed out.”
“You can at least have a free market in housing and a lot of other things in China. And you can see that this is welfare for the rich. This is socialism for the rich. It’s bailing out the financiers, the banks, the Wall Streeters.
“Bank stocks around the world are going through the roof -- that’s because they’ve all been bailed out. You don’t see the homeowners in Kansas going through the roof, because they’re not being bailed out.”
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