By Daily Crux Editor Brian Hunt:

Maria Bartiromo just interviewed legendary investor Jim Rogers. There are several great observations: Freddie Mac makes Enron's accounting look honest… Obama is clueless… let everyone go bankrupt… get long agriculture.

One of our favorites:

"What would I like to see happen? I'd like to see them let these people go bankrupt, let the bankrupt go bankrupt, stop bailing them out. There are plenty of banks in America that saw this coming, that kept their powder dry and have been waiting for the opportunity to go in and take over the assets of the incompetent.

Likewise, many, many homeowners didn't go out and buy five homes with no income. Many homeowners have been waiting for this, and now all of a sudden the government is saying: "Well, too bad for you. We don't care if you did it right or not, we're going to bail out the 100,000 or 200,000 who did it wrong. I mean, this is outrageous economics, and it's terrible morality."

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