Speaking of goofy, I recall reading Jimmy Rodgers' Chicken Little remarks in Barron's '97 Roundtable. They were so incoherent I assumed it was just a bad editing job until I caught him not long after on CNBC. With foam dripping from fangs, he was busy slamming Mrs. Clinton, the Secretary of the Treasury Department, the FED, and the whole of the U.S. government, or so it seemed, while gushing over wonderful opportunities to be had in some banana dictatorship like Indonesia or East Timor. I realize Rodgers fancies himself an internationalist (few would agree) but the guy's got the soul of Francisco Franco and the brains of Idi Amin.
Another time I happened to hear him was in late December of 1994, on a holiday evening program with Bill Griffith. Some poor soul called in and asked, 'If the market next year is going to be as terrible as you say, Mr. Rodgers, is there any common shares I should buy?' Rodgers said he thought no U.S. stock would do well in 1985, but if the caller absolutely had to buy one, he could recommend only Tucson Electric. Check it out, Craig. December 1994. While you're at it, compare TEP's less than sterling performance since then with the DOW. What do you think? Is Rodgers a charlatan or just a mountebank?
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