Billionaire Jim Rogers calls for Obama's resignation over economy (Predicts violence & rioting)

Billionaire Jim Rogers calls for Obama's resignation over economy (Predicts violence & rioting): "Billionaire and investor Jim Rogers late this week called for the resignation of President Obama on the grounds that the administrations failure to cut spending, and halt skyrocketing inflation, will lead to violence and rioting in America, similar to what has been taking place in Greece, and other parts of Europe.

Investment guru Jim Rogers says President Barack Obama should resign — and warns that inflation will only continue to soar, putting the United States at risk of the same civil unrest that has struck Greece.

Rogers says that what Obama “should do is take an ax — no, not an ax — take a chain saw to spending in the U.S.”

Rogers tells Bloomberg Business Week that “we have got to balance the budget. We have got to pay off the debt, somehow, someday.” – Money News

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