Why does Bloomberg give Jim Rogers a platform in this climate to rip Paulson’s plan and essentially declare Fannie and Freddie dead? And when did Rogers suddenly become such a populist (he’s attacking the potential government bailout on behalf of taxpayers)?
Most reasonable people are against government bailouts of public companies, but we’re all also hoping to have jobs this winter and feed our families, problems Jim Rogers never has to worry about. This douche bag scumball just wants to cover his shorts, regardless of the damage this panic is doing to our banks and economy. Right now, we’ve got to throw down as many sandbags as we can and pray that the waters recede. Jim Rogers is hoping that we all drown.
I was so disgusted by this article I was tempted not to link to it. Shame on Bloomberg for running it.
P.S. It’s for reasons like this that Michael Bloomberg could never be president.
P.P.S. To protect myself from libel, I want to state the obvious: this blog post is just my opinion. I don’t really know if Jim Rogers is a douche bag scumball. In my opinion, he is acting like one.