How do you feel about U.S.Government BAILOUTS….?

Put the following BAILOUTS in perspective:

Penn Central Railroad-1970  $3.2 b

Lockheed-1971   $1.4b

Franklin National Bank-1974    $7.7b

New York City-1975   $9.4b Chrysler-1980   $3.9b

Continental Illinois Nat’l Bank-1984   $9.5b

Savings and Loan-1989   $293.8b

Airline Industry-2001   $18.6b

Fannie Mae/Freddie Mac-2008   $200b

Should we or shouldn’t we??

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