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  • Wall Street Breakfast: Must-Know News [View article]
    I was not going to offer solutions. I was going to let you open your mind and think!!
    Here are solutions because inquisitive minds want to know.
    1. The auto makers should be combined. The three can take their best models and combine. The assets sold off will keep them out of further bailouts until the economy starts rising.

    2. The government sets up government housing loans at 4%. A low mortgage is the start of a housing recovery. Other banks follow or lose business. Right now we are giving them money for nothing.

    3. Small banks that cannot compete, fail!! If their house is not in order then failure is the anditote.

    4. Cut the wages that the fools in congress are receiving: Pelosi, Dodd, Frank, etc. You know the rest. Cut back their pensions like mine was at TWA. I haven't seen a point where they are any smarter than the average person.

    5. Bring charges against the SEC and ALL the regulators that let this fiasco happen.


    On Mar 04 01:16 PM xmichaelx wrote:

    > > If like Obama wants to do he raises their taxes, what do you think
    Mar 04 13:42 pm |Rating: +2 0 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Perfect example to my above comment. The university is going to lose money. Sooo raise the tuition price.

    Cramer is furious with the University of Pennsylvania, which announced it will raise tuition by 3.8% to compensate for a 19% reduction in its endowment. This is not the time to raise tuition, but to lower rates to make a college education affordable to all. He said the policy of putting endowments before education has to end, and he would not donate to such endowment to protest the way many institutions of higher learning treat their students
    Mar 04 11:39 am |Rating: +3 0 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    We have been told by congress that there is a class struggle between the rich and the not so rich. If we ever get to put our brains in gear we would realize that the rich provide jobs by investing their money. They take the risks involved with any business.
    If like Obama wants to do he raises their taxes, what do you think the rich will do?
    1. Fold the business and go home?
    2. Layoff employees to increase their profit margin to what it was?
    3. Increase prices for you and me?
    Every tax increase hurts us, the average person no matter who it is directed at by congress. These morons have us by the short hairs.
    Mar 04 11:33 am |Rating: +6 -3 |Link to Comment
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