Bankruptcy Not an Option for Big Three?

Charles Payne, WStreet.com: I don't see how an auto bailout will work without bankruptcy. It's because of the UAW. The union has prevented the restructuring necessary to make these companies viable. The auto companies need to go into Chapter 11.

President-Elect's Big Spending Plans: Gift or Time Bomb for Economy?

Charles Payne: Short term, this is a gift. Long term, it's a nightmare. We could create an environment for rampant inflation. We have to do things that will bring about job creation and investment. TARP doesn't get to the heart of the matter.

Stock Gifts That Keep on Giving!

Charles Payne: Career Education (CECO)

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