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Wall Street Breakfast: Must-Know News

For so many years, ever since Johnson's Great Society began, we as a country have been mollycoddling vicious criminal offenders as "victims" but giving unfair, profit-center traffic tickets to solid citizens for tiny and inadvertant driving offenses, given gov't jobs to unqualified minority applicants over those much more qualified thus overall American job performance has suffered greatly requiring more employees to be hired to get the work done, created public schools where outstanding individual performance has been submerged beneath the "self -esteem" movement for deficient, fringe students, with costly alternative schools created for those with "issues", given gigantic no-contract business awards to company favorites of the present administration in the ill-advised Iraq war, and now giving huge taxpayer funded bailouts to private companies that were created in the promise of capitalism to compete with like others for business and fail if they could not. All of these were done at the great and growing expense of the taxpayer.

When someone tells you that Obama is the start of socialism, don't fall for it. It has been here, alive and healthy, for over 40 years, working hard to bring America down.

Wall Street Breakfast: Must-Know News

Any terms for an auto bailout are so specious; we have found that the gov't says it will do one thing and then does another after approval. Why should we support anything the gov't says or does when it is so treacherous? Let the Big 3 sink or swim on their own and for god's sake, keep the gov't out of it.

On Citigroup......it will fail as Citi and will be taken over by JPM and its CEO, Jamie Dimond. Revenge is so sweet, Sandy Weill!

Present Citi CEO Pandit is a disaster worse than the Titanic. The Titanic disaster killed over a thousand people, but Pandit has helped ruin hundreds of thousands of retirement accounts and that may be worse than death for many elderly retirees.