jim rogers talks commodities, cash, and washington. >> they're going to print more money. it's the wrong thing to do, but that's all they know to do. >>> and how to avoid the wedding bell blues when it comes to talking green. important tips on matrimony and marriage. "the wall street journal report" begins right now. >> this is america's number one financial news program, "the wall street journal report." now maria bartiromo. >> here is a look at what is making news as we head into a new week on wall street. federal reserve chairman ben bernanke gave his candid assessment of the economy. in a much anticipated speech to bankers in atlanta, he said economic growth is not where it should be, and that the tragic quake in japan and high gasoline prices are at least partly to blame. >> overall, the economic recovery appears to be continuing at a moderate pace, albeit at a rate that is uneven across sectors and frustratingly slow from the perspective of millions of unemployed and underemployed workers. >> those comments helped push the market down on tuesday. and by wednesday, th

so jim rogers was interviewed on c.m.t. c. and he says this approach in crisis that would be worse than two thousand and eight because there's been more debt more debt remember jamie dimon to ben bernanke he was saying we can't raise capital requirements because we need to introduce more debt even more debt we have we are plenty fine now we're so stable but jim rogers is saying he's he sees something coming a worse than two thousand and eight and he's buying silver he's buying silver he's buying silver he says five times and rice to protect himself and when he's here is asked in in c. and b. c. how to fix it what should they do they should cut spending when they're draconian that matter who should cut taxes and they should cut spending to the bone we cut troops in one hundred fifty countries around the world are not doing this in the good they're making in. that's costing us a fortune there are many many other things that we're wasting money on and that should be stopped but still going to hold long jim silver laying it all ou

star more than anything you know not here we will get right down to it with on some fun founder jim rogers will talk everything from us debt to the prospect of q e three china and more. builder girls of the elite group said to perhaps the world is once again meeting so what's it all about we'll try to people what's on the agenda behind those closed doors. and introducing the newest russian voice in america and we take airwaves near you will give you a behind the scenes look at the voice of russia america. and just because we're asking all the hard hitting questions artie's still labeled as anti-american but is it really ends a american to try to get to the truth so wide that the war on r.t.e. . evening it's thursday june ninth eight pm here in washington d.c. i'm lauren lyster you're watching our team now as the u.s. government remains deadlocked over the budget and the nation's debt the credit rating agency fitch has said if lawmakers can agree to raise the debt ceiling this could endanger the nation's aaa credit rating if you've heard this before it's because now this makes three all thr

more than anything you know so we on our team will get right down to it with lots of fun founder jim rogers will talk about everything from u.s. debt to the prospect of q e three china and more. build or brewer gets the elite group said to perhaps carve out the world and once again their meeting and new on the attendance list this year the mainstream media so what's it all about we'll speak with our teams laura and i for an on the ground look plus we'll try to peek at what's on the agenda behind those closed doors. and introducing the newest russian voice in america coming to airwaves near you will give you a behind the scenes look at the voice of russia america. good evening it's thursday june ninth i'm lauren lyster coming to you from here in washington d.c. you're watching our t.v. now as the u.s. government remains deadlocked over the budget and the debt the credit ratings agency fitch is that of u.s. lawmakers can't agree to raise the debt ceiling this could endanger the nation's aaa credit rating if this sounds familiar it's because this now means all three credit rating agencies have

the global economy and financial system all here to help us sum it all up is renowned investor jim rogers jim thank you so much for being with us it's so nice to see you as always in new york and not in singapore and now my first question is should u.s. lawmakers be real concerned that now all three credit ratings agencies are warning them about the debt lauren it's nice to see you as well but lauren one of the rating agencies is doing america's already brain growth the idea that there's still tell you saying it's a aaa credit and they may lord is just absurd these low rating agencies have been wrong about nearly everything for the past ten to fifteen years don't pay any attention to them the u.s. is in terrible trouble congressman should be worried about that not what the rating agencies are saying so what what should u.s. congress do about the debt ceiling should they raise it or should they just not worry too much about defaulting. they should cut spending dramatically they should take an axe no or a chainsaw they should take a chainsaw and cut spending america's going down the tubes w

jim rogers is the author of "a gift to my children." ice. >> thanks, jim. >> thank you. >>> the defense will start presenting their side in the casey anthony trial. the judge was not buying it. >> there has been in this case no evidence of premeditation. >> the defense's motion, judgment of acquittal, as to counts i through vii are hereby. these are strictly questions for the jury to decide. >> today, the defense will attempt to question a convicted felon named vasco thompson. not clear whether the judge will allow it. thompson served time for kidnapping and casey anthony's lawyers are now trying to link him to casey's father george anthony. >>> update on the case of lawrence speakera. she has been missing for 13 days now. police have released a picture of a white chevy that was captured on surveillance video in the area where she was last seen on june 3rd. they would like to question the owner. they are also releasing a new picture of her wearing a white shirt and black leggings and taken right before she vanished. >>> a major milestone

nations it's seen as a move to secure supporting your as well as to curb inflation that's the view of jim rogers an american investor and author. if they become the savior they become the largest creditor for europe and they're going to have a very major seat at the table that's going to improve their position in the i.m.f. it's going to produce improved their position with the world bank it's going to improve their position if you win because you know the europeans are going to have to be more and more friendly to china because china stating american i cannot save them russia cannot save them so europe is going to be more china friendly that it has been. going to the europeans to say ok let's be friendly we'll keep you all this money will bail you out you feed now friendly is supportive of us instead of being so supportive instead of listening to washington so much you know you call us first and if we want more representation at international bodies such as the world bank then you you should listen to our tents the chinese have huge international reserves did a largest international creditor in

my guest next week global investor jim rogers.h week keep it right here where wall street meets main street. street. have a great week, everyone. [ man ] i got this new citi thankyou card and started earning loads of points. you got a weather balloon with points? yes i did. [ man ] points i could use for just about anything. ♪ ♪ there it is. [ man ] so i used mine to get a whole new perspective. ♪ [ male announcer ] the new citi thankyou premier card gives you more ways to earn points. what's your story? citi can help you write it.

really matter it's over a trillion and a half dollars all right hands out on their own personal in jim rogers camp i would take the euro over the dollar but we can talk about that on another time thanks again for being once again on the kaiser report it's a pleasure as always thank you for having me all right and that's going to do it for this edition of the kaiser report with me max kaiser and stacy herbert all right thank my gascan salomé or are they going to send me an e-mail please so i prize a report and artsy t.v. are you until next time this is max guys are saying by. a telemarketer broadcasting live from washington d.c. coming up today on the big picture. well the british.

matter it's over a trillion and a half dollars all right hands out on their own personal i am in jim rogers camp i would take the euro over the dollar but we can talk about that on another time thanks again for being once again on the kaiser report it's a pleasure as always thank you for having me all right not going to do it for this edition of the kaiser report with me nice guys or as they say harvard and i thank my gascan zollo they're up i want to send me an email please there's now at kaiser report on r t t v are you until next time this is max kaiser thing by. hungry for the food we've got. the biggest issues get a human voice ceased to face with the news makers. from. home.

right now he has offered to help to buy some of their debt so archie spoke to author an investor jim rogers about what this could mean i just want to play a little part about what he said and i'll have. to pay become the savior they become the largest creditor for europe and they're going to have a very major seat at the table it's going to improve their position in the i.m.f. spoke to produce improved their position with the world bank it's going to improve their position if you win because you know the europeans are going to have to be more and more friendly to china because china is saving american i cannot save them . so basically when he seems to be saying is that you know these countries in europe they're going to have to play real really nice with china what do you do first ok i wear my head can i wear my headphones because i want to look cool like iraq or well i think you look cooler without them. i agree one hundred percent i've read a lot of information on this deal and if you look at it from a political standpoint. we could look at this as trying to drive a wedge between europe a

europe right now he's offered to buy some of their debt he actually spoke to author and investor jim rogers about what this could mean this potential new friendship between some of the european countries and china so i want real quick to play a part of what he said and then i'll have you weigh in. to pay become the savior they become the largest creditor for europe and they're going to have a very major seat at the table that's going to improve their position in the i.m.f. it's going to produce improved their position with the world bank it's going to improve their position if you win because you know the europeans are going to have to be more and more friendly to china because china saving america not cannot save them and so on my question to you just what does this new friendship that well and have we probably happen. i think china sees an opportunity here i think that they're looking to strengthen a lot of those regional ties and basically assert themselves as a key part of trade for the european sector but remember there's no free lunch here if there was such a great opportunity in euro

running out of oil at a rate of seven percent per annum pretty soon there won't be any oil and jim rogers says at any price it's clear that there isn't any progress being made ben bernanke . all right well i'm so sorry those are great examples but we're going to end right there that was president of many capital roger out of time for now will it again. june twenty sixth was yesterday and it may not be a day that stands out to all americans as the very important day of remembrance but for native americans it is remembered very well as the day of anguish is the anniversary of a shootout that erupted between the f.b.i. and the residents on the pine ridge reservation in south dakota now the incident led to the conviction of american indian movement activist leonard peltier who three decades later more than that is still in prison today f.b.i. post here is the murderer of two of their agents but to many a post here supporters ranging from foreign parliaments to the dalai lama in the late mother teresa he is a political prisoner at an unfair trial and deserves clemency earlier we spoke with one

actually have an interesting sound bite here this is our reporters from moscow did an interview with jim rogers who thinks that maybe china needs to have a bit of a greater role of thinking about. if they become the savior they become a large creditor for europe they're going to have a very major seat at the table it's going to prove their position in the i.m.f. it's going to produce improved position with the world bank it's going to improve their position if you win because you know the europeans are going to have to be more and more friendly to china because china is saving the american i cannot say. what you think is the other point but everyone's going to have to start being real friendly to china because next time you need a bailout that's going to help that's possible you know we don't know really that much i think honestly about the future of china a lot of people there's a lot of speculation a lot of people have lots of opinions but the information that comes out of china is often very sketchy in terms of how real we real economic data is how much is are really being gamed so it could

we're running out of oil at a rate of seven percent per annum pretty soon there won't be any oil as jim rogers says at any price so it's clear that there isn't any progress being made. and that was president of many capital raj though she now still ahead here on our team do not go away beyond a reasonable doubt could the u.s. justice system be serving injustice in the case of leonard peltier there were remember the day of anguish next. you know some judges see this story and it seems so appalling sleep you think you understand it and then you glimpse something else hears you some other part of it and realize everything you thought you knew you don't know i'm sorry welcome to the big issue. now june twenty sixth yesterday it may not be a day that stands out to all americans as a day of remembrance but for native americans it really matters it is remember very well as the day of anguish is the anniversary of a shootout that erupted between the f.b.i. and residents on the pine ridge reservation in south dakota now the incident led to the conviction of american indian movement activist leonard pel