Video - WSJ Interview With Jimmy Rogers - July 25, 2011
Contrarian Rogers admits he is now long the U.S. dollar for a trade given everyone's greenback pessimism, especially his own. Excellent clip.
Recently from Jimmy:
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Video - Yves Smith On The Real News Network - July 24, 2011
Excellent interview conducted this weekend. Article inside from Yves spells out the details of the extortion from Geithner and the Obankster. Henry Paulson even makes an appearance to complete the Kleptocratic triumvirate. Give this one a few minutes.
And that's just the start. Prepare to be impressed by the former banking apologista.
The 400 Richest Americans Pay An 18% Tax Rate - Forbes
Ron Paul gets HUGE endorsement ahead of crucial Iowa contest - CNN
Reuters Analysis - United States gets closer to losing AAA rating
IMF tells US to raise debt ceiling and cut spending - BBC
Matt Taibbi - Corporate Tax Holiday in Debt Ceiling Deal - Where's the Uproar?
Nobody Knows Anything - Must Read - James Howard Kunstler
GOP Planning Obama Impeachment After Bipartisan Debt Plan Rejected - Politico
Oil At $120 Becomes Biggest Energy Bet As Futures Predict Huge Rise - Bloomberg
Congressional Staffer - Dodd-Frank Made ZERO Structural Changes to Banking System
Meet The Fed’s QE2 Traders, Who Were Buying Bonds By The Billions
Moody's Calls Greece Bailout A DEFAULT - Upsetting Euro Leaders & Hurting Banks
Greece - Two Bailouts and a Funeral - Cartoons
FLASHBACK - Gov. Schwarzenegger Says F*CK You To California Legislature
Reuters - Excerpts from 1,500-page Norway killer manifesto
Radioactive Beef Sold in 174 Supermarkets Across Japan - Bloomberg
Threat to Japanese Food Chain Multiplies as Cesium Contamination Spreads - Bloomberg
Dr. Phil - TSA Thugs Beat Girl At Reagan National Airport Causing Brain Injuries
China officials find 5 fake Apple stores in 1 city
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Outstanding clip.
This is the first time we've seen the former Fast Money analyst Macke in a long, long while though it appears from this segment that he's been working for Yahoo for a few months.
Jimmy Rogers transcribed:
"I would abolish the FED and resign. We have had three central banks in America the first two disappeared, and this one is going to disappear because between Greenspan and Bernanke have taken on a staggering amount of debt. Junk, a lot of it is junk and eventually it is just going to disappear because the U.S. is going to go bankrupt. They are not doing what's good for the world. First of all they have taken on this huge debt which you and I would have to pay and everybody watching this show. And secondly they have printed all this money. We would have problems without a central bank but it is better without a central bank than with one that is like this. We have to recognise the facts - we are the largest debtor nation in the history of the world, and until we at least face that reality and realize that we have been printing a lot of money and start to deal with that fact, it is just going to get worse."
Watch the very memorable (and bizarre) final appearance of Jeff Macke on CNBC...
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Iacocca bows before Jimmy Carter after getting bailed out by Washington.
The 1979 Chrysler rescue was $1.5 billion, which adjusted for 3 decades of inflation would equal approximately $5 billion today. That's nothing. GMAC stuck out it's insolvent hand and Paulson, Geithner and Rattner coughed up $18 billion in '08-'09, and for a failed auto lender no less.
It's the loan modification bait and switch...
What's shocking, well maybe not so much for Jamie Dimon's operation, is that they did this to a judge.
Even more shocking? That Bank of America didn't do it first.
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Video: CBS Evening News special report...
Solid clip that includes debt and deficit totals for every president since Reagan.
Jul 26, 2011 at 4:18 PM
