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  • Wall Street Breakfast: Must-Know News [View article]
    For what it's worth, Hazem Khalid Al-Braikan should be executed or, perhaps worse, fined to the tune of 3-10 times the amount he inappropriately profited from his illegal scheme. I suspect he will ignore the SEC lawsuit or bargain it down to a tolerable out-of-court fine. Any meaningful punishment will likely be the responsibility of our dubious ally, Kuwait. How Kuwait ends up treating Hazem Khalid Al-Braikan will be telling on how Kuwait really feels about the US; real ally and friend or oil customer to be exploited to maximum possible. Failure to properly punish will, like meaningful punishment, give a good indication of what Kuwait really thinks of the US, and failure to properly punish will encourage further similar shenanigans by other Kuwaiti rich guys.
    Jul 24 12:15 pm |Rating: +2 -1 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Climate change has been a cycling hysteria since at least the late-1800's; alternating between cooling (late-1800's, 1970's) and warming (1930's, early 2000's). The progressives will never be satisfied until they control everything, and they are well on their way with the current administration.
    May 19 09:50 am |Rating: +6 0 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    I watched the Geithner swearing in ceremony yesterday; about 7:30 PM ET. The room was full of presumably Treasury employees. Wonder how many of them were on the clock, even getting overtime perhaps?
    Jan 27 10:04 am |Rating: +1 0 |Link to Comment
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