SHOULD WE HAVE BAILED OUT THE BANKS FOR MAKING RISKY LOANS?
1.) Summarize the bank bailout.
2.) Should we have bailed out the banks? Why or why not?
3.) What would have happened if the banks had been allowed to fail? How might you and your family have been affected? Are the banks "too big" to fail? Why do some people say this?
4.) How did government play a part in the risky decisions made by the banks? Would things have been different in a free market? How?
5.) Why does Peter Schiff say we have an even bigger crash coming? Do you agree or disagree? Explain why.