Campaign for Liberty's Kevin Brett interviews billionare and comodity king Jim Rogers on the recent financial reform bill, the effects of government interference in the marketplace, and some steps he would take to get the economy back on track.
"In the 1920s and 1930s, there was a move from the UK to the US, exacerbated by a financial crisis and by many mistakes by UK politicians. Well, the same is happening now. People didn't notice what was happening in the 20s and 30s; apparently people don't' notice it now, but 10 years ago, most of the large IPOs in the world were done in New York; now very few of them are. America's driving the business out in many, many ways, and that's going to continue. I don't particularly like saying it; I don't particularly like seeing it happen. I'm an American. I pay taxes in America like you do, so it's not good, but it's making America's situation worse, not better."
"In the 1920s and 1930s, there was a move from the UK to the US, exacerbated by a financial crisis and by many mistakes by UK politicians. Well, the same is happening now. People didn't notice what was happening in the 20s and 30s; apparently people don't' notice it now, but 10 years ago, most of the large IPOs in the world were done in New York; now very few of them are. America's driving the business out in many, many ways, and that's going to continue. I don't particularly like saying it; I don't particularly like seeing it happen. I'm an American. I pay taxes in America like you do, so it's not good, but it's making America's situation worse, not better."
