Jan 2, 2009

Bailout Mania- Who's Next?

Who would have thought at the beginning of 2008 that the government would be bailing out banks, car companies, insurance companies, and other financial institutions before the year came to a close? Will this trend continue?

What will 2009 bring on the bailout front? Will we see the makers of private jets ask for help? How about all of those newspapers that are struggling? I see that the NHL's Phoenix Coyote's are struggling to meet payroll. Maybe the government can purchase them hockey sticks and goalie pads to tide them over until they start making money.

Whatever happened to risk and failure? Isn't that what capitalism is all about?

Leave a comment and tell us what you think about the various government bailout's and how you are presenting them in the classroom.