President  Obama should stop racial predatory lending and redlining otherwise financial rescue repeats forever at the expense of taxpayers. This Memo also appears in my National Writers Syndicate column. 

     Historically, many Americans fall for a president that sheds crocodile tears for the “poor”. That’s how bad political conjuring is. This time it could lead to economic collapse.

As he rode along with a very confused Billy Crystal, Palance, with a cigarette dangling from his mouth, said, “You know what the secret of life is?”  Crystal said, “What?”  Palance raised his finger saying, “This!”  Crystal said, “Your finger?”  Palance said, “One thing, just one thing…you stick to that and everything else don’t mean shit.”  Crystal said, “That’s great, but what’s the one thing?”  Palance said, “That’s what you gotta’ figure out.”