They're bailing out Wall Street, because all their friends are on Wall Street ... When Ben Bernanke gets a phone call from the head Lehman, he takes the call, but if some poor school teacher in Oklahoma calls him, he doesn't take the call. 
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BASRA, IRAQ - OCTOBER 18: People gather around a Land Rover as it arrives at the village Al Houta on October 18 2008 near Basra, Iraq. The trip by the 51 Sqn Royal Air Force Regiment Force Protection Wing was part of a 'key leader engagement' (KLE) visit to the village close to the Basra Airbase to recruit local labour and engage with the village shiek. Visits of this type are seen as key in efforts to continue winning the support of the local Iraqi population. Although improved security in the region has brought some benefits such as improved trade and commerce, much of the infrastructure remains in a poor state of repair. Britain's Prime Minister Gordon Brown has indicated that the number of UK troops could be scaled down - especially as the security situation in the south of the country continues to improve.
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Democratic presidential nominee Senator Barack Obama (D-IL) speaks during a campaign rally in the rain at the University of Mary Washington in Fredericksburg, Virginia, September 27, 2008.
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A puppy stands on a truck carrying people to be evacuated from the area in preparation for the approach of Hurricane Gustav in Batabano, on the southern coast of Cuba, August 30, 2008. Powerful Hurricane Gustav roared toward western Cuba on Saturday with 125 mph (205 kph) winds on its way to the oil-rich Gulf of Mexico after a deadly pass through the Caribbean.
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BANGKOK, THAILAND - AUGUST 30: A member of Anti-government People's Alliance for Democracy (PAD) stands behind barbed wire outside Government on August 30, 2008, in Bangkok, Thailand. The protesters want to unseat the seven-month old coalition government lead by Prime Minister Samak Sundaravej.
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Twente's Eljero Elia, right, and Schalke's Rafinha challenge for the ball during the UEFA Cup group A soccer match between FC Twente and FC Schalke 04 at the Grolsch Veste Stadium in Enschede, eastern Netherlands, Wednesday, Dec. 3, 2008.
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Galatasaray's Fernando Meira (L) challenges Hertha Berlin's Andrey Voronin during their UEFA Cup soccer match in Berlin, December 3, 2008.
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US envoy Christopher Hill arrives to a hotel in Singapore on December 4, 2008. Hill is in Singapore ahead of an unexpected meeting with his North Korean counterpart in a bid to conclude a deal over the communist North's nuclear weapons programmes.
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DETROIT - NOVEMBER 20: Kathy Billingsley speaks with a relative inside a home facing foreclosure in an area of Detroit with a high foreclosure rate November 20, 2008 in Detroit, Michigan. An estimated one in three Detroiters lives in poverty, making the city the poorest large city in America. The Big Three U.S. automakers, General Motors, Ford and Chrysler, are appearing this week in Washington to ask for federal funds to curb to decline of the American auto industry. Detroit, home to the big three, would be hardest hit if the government lets the auto makers.
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DETROIT - NOVEMBER 20: A retired member of the United Auto Workers (UAW) listens to details of his retirement accounts while he attends a monthly benefits meeting at the UAW Local 22 meeting Hall on November 20, 2008 in Detroit, Michigan. The Big Three U.S. automakers, General Motors (GM), Ford Motor Co. and Chrysler LLC, are appearing this week in Washington to ask for federal funds to curb the decline of the American auto industry. The city of Detroit, home to the Big Three, would be hardest hit if the government allows these auto makers to fall into bankruptcy.
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Policemen stand guard at Tiananmen Square in Beijing, August 11, 2008. Olympic organisers vowed to tighten security in central Beijing on Sunday after an American tourist died in a stabbing attack, but they insisted the Chinese capital was safe and Western sightseers were unfazed.
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DETROIT - NOVEMBER 20: Shuttered homes and businesses line a downtown street November 20, 2008 in Detroit, Michigan. An estimated one in three Detroiters lives in poverty, making the city the poorest large city in America. The Big Three U.S. automakers, General Motors, Ford and Chrysler, are appearing this week in Washington to ask for federal funds to curb to decline of the American auto industry. Detroit, home to the big three, would be hardest hit if the government lets the auto makers fall into bankruptcy.
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Quote from We'll Be Worse off Whoever Wins: Jim Rogers
They're bailing out Wall Street, because all their friends are on Wall Street ... When Ben Bernanke gets a phone call from the head Lehman, he takes the call, but if some poor school teacher in Oklahoma calls him, he doesn't take the call.
was said
in CNBC
More quotes from We'll Be Worse off Whoever Wins: Jim Rogers
He's dealing with his friends on Wall Street trying to save them when in fact he should let them fail. That would be the better solution, at least for 300 million Americans
was said
in CNBC
If you happen to be friends with whoever wins, sure, you're going to have a better time in the next four years. But the rest of us, the 300 million Americans, are going to be worse off in four years. In fact the world will be worse off
said Jim Rogers
in CNBC
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