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  • Wall Street Breakfast: Must-Know News [View article]
    Good job. Keep those breakfast buffets coming. Always informative and timely.

    As I watched our new Prez and a roomful of his picks take the oath of office I was struck as they all swore to uphold and defend the Constitution, and later the same day map out the strategy for the next round of bailouts.

    It makes one wonder if any of them ever actually read the Constitution, which contains an assortment of good ideas including the one which lays out the proper way to handle failing companies. Bankruptcy is the Constitution's mandate for dealing with our current financial mess.

    And there's not a word in the Constitution authorizing anyone or any branch of government to bail out failing individuals or businesses using federal funds.

    We have totally lost our way. Our leaders treat our Constitution as an old decrepit second cousin they let sleep in the attic and feed occasionally. Drag him out occasionally for show and family photos.

    I don't know about anybody else, but the "change" I was hoping for included going back to the ways our founding fathers instructed us to follow in the operation of government. Then again, I wasn;t naive enough to actually believe it would ever happen.

    Tax and spend, borrow and spend - there's no real difference. Looks like we get to settle for a "change" of names on the doors and desks.
    Jan 22 11:14 am |Rating: +5 -3 |Link to Comment
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