I hope people wake up — America has to suck it up. The country is 40 percent overweight, Bloomberg tries to close down schools that turn out only 25 percent of the ‘products’ that work and he can’t, the budget is completely out of whack. None of this is going to get fixed if people aren’t willing to sacrifice.

—Joseph Perella, at a panel discussion on Wednesday hosted by Thomson Reuters, supporting higher taxes but, perhaps dubiously, warning against higher taxes for investors: via NYT