Rogers: America Bordering On Communism

Wednesday, July 15, 2009 9:41 AM

By: Dan Weil

Investor extraordinaire Jim Rogers has harsh words for the government’s interventionist economic policy.

That policy, which he dates back to the Bush administration, verges on communism, he told Moneynews's Dan Mangru in an interview.

“America now owns the car industry. America owns the mortgage industry. America owns a lot of the insurance industry,