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9/09/2009

Notable quotes by Jim Rogers

"They have more than doubled the American national debt in one weekend for a bunch of crooks and incompetents. I'm not quite sure why I or anybody else should be paying for this." Jim Rogers Who are these incompetents and crooks? These are people who churned out corporate profits in the billions when the organisations are technically bankrupts. And mind you, they are the supertalents from the top notch universities. And they do not know that they have done wrong. And they are demanding the same crazy pay and bonuses again. You don't need crooks and robbers when you have them around. And they are much more greedy and deadlier. They have no shame, no sense of moral justice. They only demand a ransom from the organisations and shareholders.

4 comments:

Anonymous said...

What is this world turning into?

Sick, sick, sick.

Matilah_Singapura said...

Are you kidding? This is wonderful. We can rest assured that spectacular entertainment is forthcoming.

Follow the money -- that's where the fun is!

I'm a big fan of Jim. But he's been criticised for his role in the Quantum Fund -- those folks who take advantage of govt central banks bad behaviour -- i.e. issuing debt then monetizing the debt by printing more currency.

There are many kinds of hedge funds. But the ones which hamtam the bond and currency markets actually do the world a service by bringing governments to their knees.

redbean said...

the beauty about modern day robbers is that everything is done legitimately and with pride and arrogance.

Matilah_Singapura said...

Actually the proud and arrogant criminal is a rank amateur. The really smart ones behave in a (false) humble manner and are apologetic in their speech. They are also quiet. Bernie Madoff was this type -- which is why he went on doing his scam for many years, and the amount he stole is a world record.