Rogers: U.S. More Commie than China

For a Soros protégé, Jim Rogers has something interesting things to say. He hits the nail right on the head, if only for his own benefit. For instance, from CNBC this morning:

The nationalization of Fannie Mae and Freddie Mac shows that the U.S. is “more communist than China right now” but its brand of socialism is meant only for the rich, investor Jim Rogers, CEO of Rogers Holdings, told CNBC Europe on Monday.