Saturday, June 11, 2011

Obama should take a chainsaw to spending and cut it dramatically

" what he should do is take an axe , no not an axe take a chainsaw to spending in the United States and cut it dramatically , we got to balance the budget we got to pay off the debt somehow someday " Jim Rogers told Bloomberg in an interview yesterday

Jim Rogers is a bestselling author, financial commentator and sucessful international investor. Rogers was a co-founder of the Quantum Fund (considered to be the first truly international fund of its kind) and is the creator of the Rogers International Commodities Index (RICI).