So, about old Warren..

Mr. Buffett is now the president's transitional economic advisor, alongside a series of economic superstars. Not sure he needs all the help - just being a democrat is enough to fix the economy, according to history - but it's nice to have all those brains working on the problem. Something needs to happen fast, but that should not lead to the massive handouts some of the business community (read: car manufacturers) want.

Sorry guys, but it is time to let the auto industry in America die a merciful death. These guys have been burning up money, building sub-standard cars for how many years now? It's wonderful that the remaining employees in Detroit are able to make $75 an hour installing seat belts, but at what cost? 50 - 60 billion taxpayer dollars this round? Toyota, Honda, Hyundai all are successfully building affordable, reliable cars in America. And those folks in Kentucky, Alabama, and Tennessee are happy to take home $20-$25 an hour. It's not like the Japanese and Koreans are running sweatshops over here. They - intelligently - have their factories in places where labor is reasonable and the government isn't appointed by the union leaders. Yes, unionites I've had an assful of you guys too. I live in a right to work state and the wages suck, but people have jobs and the business community is GROWING. Take note union states. If there aren't any jobs, it really doesn't matter how much people are getting paid.