Fed's plan for Freddie Mac: Rogers Holdings not lovin it

Bloomberg quoting Jim Rogers on the Fed plan to shore up the mortgage market:

"They're ruining what has been one of the greatest economies in the world," Rogers said. [Fed. Chairman] Bernanke and [US Treasury Sec.] Paulson "are bailing out their friends on Wall Street but there are 300 million Americans that are going to have to pay for this."