Jim Rogers gets "dumb comment" award

Jim Rogers said something about economic sanctions not working on Cavuto on Business on Saturday. This News Hounds blogger takes him to task:

Stuart Varney, Fox News business reporter, was promoting the idea of sanctions against Iran, but Rogers disagreed: “Sanctions have never worked against any country in the world.” Charles Payne of Wallstreet.com, agreed, “Sanctions, yeah, they don’t work.”

Leave it to Gregg Hymowitz of Entrust Capital to point out later in the show that sanctions brought down the apartheid regime in South Africa.

Read the entire post here.