Taxpayers bail out foreign banks (state, debt, financial, homeowners)

[Siberia]

CNBC

US Is "More Communist than China": Jim Rogers

US Is "More Communist than China": Jim Rogers: Financial News - Yahoo! Finance (http://biz.yahoo.com/cnbc/080908/26603489.html?.v=1 - broken link)

"Bank stocks around the world are going through the roof, that's 'cause they've all been bailed out. You don't see the homeowners in Kansas going through the roof 'cause they're not being bailed out," he added.

[Siberia]

But Rogers said in the long term the move spelled trouble.

"This is madness, this is insanity, they have more than doubled the American national debt in one weekend for a bunch of crooks and incompetents. I'm not quite sure why I or anybody else should be paying for this," Rogers told "Squawk Box Europe."

[Blockheadofaknew]

I tend to believe the thing that was stated that things in our nation would be a lot worse down the line if this wasn't initiated. and who says that this added to the national debt? i didn't hear that.