
Question by .: Why isn’t anyone listening to Jim Rogers re: Geithner and his past failures?
http://finance.yahoo.com/news/Banks-Rescue-Will-Make-Things-cnbc-14311295.html
I can’t believe how anyone can think this bailout will help the economy in the long run. Why isn’t anyone listening to outsiders like Jim Rogers?
Best answer:
I guess he is not giving the answers they want to hear. Have you contacted your senators about the stimulus bill?
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C’mon – they want our economy destroyed.
Because they don’t care. They don’t see how this has any effect on them so they really don’t care. It is totally an “all about me” society right now and they will wake up one day and realize they gave all their freedoms away.
[Warren Buffet: WB: The answer is nobody knows. The economists don’t know. All you know is you throw everything at it and whether it’s more effective if you’re fighting a fire to be concentrating the water flow on this part or that part. You’re going to use every weapon you have in fighting it. And people, they do not know exactly what the effects are. Economists like to talk about it, but in the end they’ve been very, very wrong and most of them in recent years on this. We don’t know the perfect answers on it. WHAT WE DO KNOW IS THAT TO STAND BY AND DO NOTHING IS A TERRIBLE MISTAKE or to follow Hoover-like policies would be a mistake and we don’t know how effective in the short run we don’t know how effective this will be and how quickly things will right themselves. We do know over time the American machine works wonderfully and it will work wonderfully again.]
I trust Buffet more than your dude.
Stop dwelling in the past. Nothing is gained by doing so. Live in the Now. Obama won, he is going to get his way. Adapt or live in a cave.
I heard him loud and clear, just like I hear Peter Shiff also. They know what they are talking about. Those Keynesians and their nonsense economics don’t know what they are talking about. The Austrians’ have it right and have been calling this one for some time now. People need to learn some real history and they will see where we are headed next. (Down the toilet). Welcome to the USSA folks our Republic is now deceased.