Abstract
This paper argues that the proposed bailout is contrary to capitalist philosophy and the unprecedented intrusion of governmental influence boarders on socialist philosophy. The positon is taken that the government shoul not pick winners and losers, and an example of a hypothetical bailout of Exxon Mobil is used to demonstrate the point.

Tags:general motors, federal bailout, arguments against

Abstract
This paper relates that the core question of J. W. Schoen's article, "Why Can't We Just Let AIG Go Under", is, given AIG's behavior before and after receiving the bailout money, for what reasons cannot the government just let these big companies fail. Next, the author relates Schoen's argument that, without the bailout money that was given to AIG, many states like California, banks and investment firms, other corporations and businesses and the economies of the US and other countries would have been affected deeply and negatively. The paper concludes that the solution might be to sell off the pieces that make up AIG because, as the article stressed, despite the bailout, AIG is not doing its part to improve its situation.

From the Paper
"This is not a mere opinion of mine; it is a conclusion drawn from the author's explanation of banking principles, especially in the area of bank interconnectedness and the rationale behind bank loans. According to the author,if AIG had failed other banks would have also failed. The problem with allowing a bank to fail is that banks are interconnected; it is like a global river of money that people rely on to keep the economy moving. If too many banks fail, the river of money starts drying up and reaches a critical level of dying, so the government needs to quickly pump more money to return the river of money back to a safe level."

Tags:meltdown bonuses, great depression, interconnectedness, subprime mortgage

Abstract
This paper discusses the the US Emergency Economic Stabilization Act, which was created in order to shield financial institutions and multinational corporations from bankruptcy. The paper explains that preventing bankruptcy of these corporations was deemed necessary so that the economy would not lose the benefits that they provide such as they revenue and jobs they generate and the products and services they produce. The bailout is not without controversy, however, and the paper takes a look at this controversy. While incorporating the functionalism social theory, this paper seeks to establish if the Federal Government should bail out the financial institutions and multinational corporations. The various arguments put forward by supporters and conservatives are well laid out in order to come up with effective conclusions.

Table of Contents:
Abstract
Introduction
Literature Review
Argument for Bailout.
Arguments against Bailout
Implications
Recommendations
Conclusion

From the Paper
"The government of the United States in 2008 passed the Emergency Economic Stabilization Act, which is meant to ensure a stable economy through helping out distraught firms to revive their operations. This act allows the treasury to spend up to $700 billion in the rescue the financial and the mortgage industry. Controversies have surrounded the so-called Uncle Sam's interventions arguing that the bailouts cannot be the solution to failing corporations since this will discourage productivity meant to increase profitability in the companies."

Tags:justification bankruptcy, functionalism theory, essential conservatives

Abstract
This paper begins by introducing the history of the IMF and its basic characteristics. It then looks at when the IMF takes action in a country and what the "bailout" policy involves. It discusses the conditions of the agreement, what the money is used for, and how this effects the country's population. The paper then examines the IMF's success rate and its overall impact in the international economic arena.

From the Paper
"After World War II, the need for an organization like the IMF was finally realized. After the war, politicians and economists began to work on blue prints for a postwar world. They envisioned a liberal international economic order, based on stable world currencies and revived world trade. The International Monetary Fund (IMF) finally came into existence on December 27, 1945. On this date, twenty-nine countries signed its charter when meeting at Bretton Woods, New Hampshire. On March 1, 1947 the IMF came into financial operations.(1) The IMF was established to promote internal monetary cooperation through a permanent institution, which provides consultation and collaboration for international monetary problems. Also, it provides temporary financial assistance to countries under adequate safeguards to help ease balance of payments adjustments. In addition, it facilitates the expansion and balanced growth of internal trade. Many critics and even followers of the IMF do not even know what the IMF really is. It is not a development or even a central bank. It is a credit union. It pays interests on deposits it receives from member nations.(1)"

Tags:condition, agreement, debt

Abstract
This essay considers the wisdom of the recent decisions of the Congress to bail out various businesses that would otherwise fail, leading to the $750 billion plan which was adopted by the Congress in late September. The paper finds these bailouts ill-considered, badly drafted, and misunderstood, basically bad all around.

From the Paper
"The pieces of the tragedy could have been seen long ago, were people merely willing to consider what was being done. The government set credit policies that made lending money easy. Eager to profit from lending, banks and other lenders made loans to high-risk borrowers eager to buy homes. As so many new buyers came into the market, house prices soared, and lenders, eager to continue to reap profits, continually sought out new borrowers, making loans that were reckless beyond reason. Relying on rising home prices, homeowners took on new debt. Financial euphoria became a stampede..."

Tags:bailout, taxpayer, speculation

From the Paper
The savings and loan crisis in the 1980s and 1990s was one of the worst financial disasters that ever struck this country. The debacle was caused by many forces working over a long period of time. For most of its history the thrift industry was a remarkable success. The core operation of the individual S&L was the collection of deposits, upon which interest was paid, and the loan of this money in twenty to thirty year mortgages to finance home building. For the most part, depositors kept their money in the S&L for a long period of time. Since the rate of interest paid depositors was lower than the interest charged mortgage holders, the S&L made money (Warf, Cox, 1996, 135)."

Abstract
This paper explores the implications, specifically the ethical implications, of the recent government bailout of the General Motors Corporation. The essay explores both sides of the bailout debate: one being that the GM bailout is a moral hazard and it is not ethical to bail out corporations because of the sentiment that it brings among large corporations and the general public and the other that the GM bailout is a necessity because the potential economic fallout is too great if large companies like GM are allowed to fail. The paper argues that the bailout of GM is a moral hazard because to create a more ethical and true capitalistic society in the long term, society must accept the failure of large companies like GM in the short term.

From the Paper
"There is also sense of patriotic pride that a company like GM brings to America. It was stated "What's good for GM is good for America"(Cowan ,2009, pg 1). GM was once an empire, creating sound industry and jobs for thousands of American people. Throughout the years, import automakers such as Honda and Toyota began to compete with and eventually overtake American automakers like GM, adding to our current trade deficit. One could argue that keeping GM in business keeps jobs on American soil and provides American consumers with quality U.S. automobiles to choose from, should they prefer to buy American made cars. "

Tags:ethics, bailout, economy, auto manufacturer, General Motors

Abstract
This paper outlines the history of General Motors, looks at several good reasons to bail out the company as well as the reasons of those opposed to the bailout, and highlights the economic and social consequences to both bailing out GM and letting it fail. The paper discusses the third option for GM that is to provide bridge financing that would allow the company to restructure, and potentially be sold off. The paper reaches the conclusion that the cost of not bailing out GM is likely higher than the cost of the bailout, although from a strictly business point of view, GM should fail. The paper notes that the government supports the third option of providing bridge financing in order to give GM time to establish a recovery plan, but contends that there will come a time when they must choose whether or not GM will succeed or fail.

Outline:
Introduction to the General Motors Bailout
History
Proponents of the Bailout
Opponents
Building a Bridge
Conclusion

From the Paper
"General Motors began in 1908 when a manufacturer of horse-drawn vehicles moved into automobile production. Soon Oldsmobile, Cadillac and the future Pontiac were absorbed into Buick, providing the foundation for General Motors. The company was able to grow rapidly and expanded internationally early in its life. The company prospered in the post-war era but by the 1990s competition was beginning to take its toll. For the last couple of decades, General Motors has bled market share in its core US market, dropping from 33% in 1992 to 18% today (Flint, 2009). They have attempted to fill that revenue cap with improved overseas performance, opening plants in China and Brazil (GM.com, 2009)."

Tags:automobile, industry, bankruptcy, workers, bridge, financing

Abstract
The paper looks to the savings and loan crisis to see one of the main antecedents of this decade's fiscal irresponsibility. The paper focuses on the AIG bailout and explains that the cost of the bailout is less than the cost to the economy if the bank failed. The paper discusses how these bailouts are a short-term measure, a means by which the government can buy time in order to make structural changes and address the underlying causes of the financial crisis.

From the Paper
"The improved governance came in the early 1990s as a consequence of the savings & loan crisis, which had its roots in a real estate bubble similar to the one in the mid-2000s that precipitated the current financial crisis and bank bailouts. Deregulation was a major contributor to that crisis (Glasberg & Skidmore, 1998). The government would ultimately intervene in the financial system in order to preserve its integrity. This experience would form the core of bailout philosophy for the current situation and can be studied to provide clues as the impacts that the current bailout will have."

Tags:savings, &, loan, crisis, credit, regulations

Abstract
This essay argues that the recent decision of the U.S. government to bailout the banking sector is a mistake. The argument is based on the observation that globalization is the overriding reality of the present day. It first of all presents the argument that the bailout is morally unacceptable given the ethos of the free market. It also presents the argument of spreading of "moral hazard" which weakens the capitalist system. The essay then contends that free markets are essentially "mixed economies", and therefore the integrity of the free market is not under such a threat as the above arguments suggest. Instead, it argues that corporate multi-nationalism siphons money and jobs away to low wage countries, and in this way the bailouts to not help the US economy. It contrasts this situation to the past where bailouts and government spending worked, and cites the reasons as war and the relative non-dependence of nation states.

From the Paper
"The recent decision of the government to provide aid to the financially troubled banking sector is a worrying development. The sums in question are astronomical, and need to be to have any effect, considering the depth of the crisis. But the solution is backward looking, and does not take into consideration the reality of globalization, in which state governments have little power to effect change.
"A financially troubled firm is said to be bailed out when it receives loans from the Central Bank in order to keep it solvent. Bailouts are controversial because they are said to spread ``moral hazard'', i.e. they encourage financial irresponsibility. This is especially so in the case of large banks and other financial institutions, since this is the sector that is most liable to receive government aid. It is also said to run counter to the ethos of capitalism and the free market which requires that efficiency be rewarded, and where inefficient business practices become obsolete through market failure. Government intervention into the market implies that centralized social bureaucracy comes to replace the mechanism of the market."

Tags:moral, hazard, central, bank, federal, reserve, housing, bubble, inflation