Jim Rogers: 'Abolish the Fed'

Jim Rogers is one of the most respected investors on the planet. He endorsed Ron Paul a while back and if you heard Ron's interview on Fox Business earlier today, this interview on CNBC is almost a word for word replay regarding the macro-economic aspects and the federal reserve policy. Just look at the commentators spinning madly to try to call him insane. But notice that every time they do it, their challenge starts out with "Jim, of course you've been correct about this all along, but . . . "
It's almost comical, except that it isn't. And notice how they try to steer him back to their love affair with the dollar and stocks, when he has been consistently been telling everyone to buy commodities and stay out of dollars and stocks for the last five years at least.

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Created by wasaka Created 38 weeks 8 hours ago – Made popular 38 weeks 8 hours ago
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Jim Rogers: The Dollar is Doomed and the Fed's Days are Numbered Created 20 weeks 4 days ago

In this very recent interview Jim Rogers says Asia is the wave of the future, the dollar is a terribly flawed currency and he doesn't want to own any, oil will certainly pass $200/barrel soon, and the (privately owned) Federal Reserve will disappear within the next decade.

Jim Rogers on US Economy Created 38 weeks 8 hours ago

Jim Rogers on US Economy, FED, Ben Bernanke, Ron Paul and recession

Crash Proof: How to Profit From the Coming Economic Collapse Created 38 weeks 1 day ago

Peter Schiff, son of American patriot Irwin Schiff, has written a very useful book that can not only assist you to take the concrete steps necessary for financial survival. I remember the first time I heard Mr. Schiff speak on CNBC. The discussion was about inflation, and I couldn't help but notice Mr. Schiff's definition diverged significantly from the definition used by the brainless cheerleaders on CNBC, and for that matter, our government and most of Wall Street.

Bear Stearns, Jim Cramer, The Federal Reserve, JP Morgan Created 37 weeks 1 day ago

I ask again, "When will CNBC do the right thing and get rid of Jim Cramer?" Jim's advice on Bear Stearns (NYSE:BSC) is is most horrific since, well, since the dot-com disasters he shuffled folks into. Jim's just a symptom of a larger problem. Our founding fathers would be ashamed of how we've handed our economy to the federal reserve.

Ron Paul on Mad Money w/ Jim Cramer 12-14-07 Created 40 weeks 2 days ago

Ron Paul on Mad Money w/ Jim Cramer talking about get rid of the Federal Reserve. We need to audit the FED.

Ron Paul Fox Business Interview David Asman 05/13/2008 Created 29 weeks 1 day ago

This was probably the best interview of Ron Paul on the Fed by any network. I know it's on Fox but you gotta admit, this was definitely good.

Jim Cramer on Hardball "Dow Jones will drop 2000 pts" Created 40 weeks 2 days ago

This is part 2, there was nothing of value in the first part other then Jim Cramer forgetting to mention Ron Paul is on the only Presidential Candidit who has seriously address these issues. Jim had him on his show and they talked about getting ride of the FED, but strangely he seems to have forgotten that, here is a link: http://www.youtube.com/watch?v=8teEHdCrFqE

Part I of this video is here: http://www.youtube.com/watch?v=SB8WlxaObQY&feature=related

Ron Paul asked if we should abolish the Fed (on Kudlow & Co. 3/22) Created 36 weeks 3 days ago

Dr. Paul is an economic scholar and he's right on every single point. This other guy is trying to rewrite history "the FED can stabilize the market" --RIGHT! ...your going to stabilize the market, by destabilizing it? ...your going to fight inflation by creating more inflation?

Remarks by Timothy Geithner, President New York Fed Created 38 weeks 1 day ago

Geithner's speech goes on and on and on. Still, it is probably one of the most important speeches ever by a Fed governor in admitting what the problems are. I recommend reading it in entirety. And while the Fed (at least Geithner) admits it has no idea what to do, I offer this 3 part solution. 1) Abolish the Fed, 2) Eliminate fractional reserve lending, 3) Implement a sound monetary policy based on hard assets such as gold as opposed to price fixing by government sponsored clowns.