Thursday, March 20, 2008

Jim Rogers Calls for Bernanke's Resignation, Abolishment of FED on CNBC

prison planet

Top investor Jim Rogers has publicly called for Federal Reserve chaiman Ben Bernanke to resign, blaming him for destroying the dollar and bailing out his friends on Wall Street at the cost of the American taxpayer, in the latest savage attack on the Fed amidst the latest round of economic turmoil.

"I think the Fed should be abolished, we'd all be better off without the Fed....in my view their day is done," said Rogers during an appearance on CNBC yesterday.