Pass-Ed's Living Textbook
| Bailout Welcome to Pass-Ed Feel free to use our lesson plans!! |
September 25, 2008
The Washington Post is running an article entitled, "Bush Calls Bailout Vital to
Economy; Will Meet with McCain and Obama." The subtitle states, "Proposal
Takes Shape in Congress, but Broad Support is Lacking." The article states,
"Five days after unveiling the bailout plan, which seeks to purchase troubled
assets from faltering financial institutions, administration officials were still
struggling to line up support among lawmakers appalled by its cost, doubtful of its
methods and outraged by the speed with which they were being pushed to act.
While the usually fractious Senate seemed to be coming together behind a version
of the proposal, the administration had big trouble in the House, particularly
among mistrustful Republicans who said the White House had failed to make a
case for the bailout in terms ordinary people could understand."
Read the Article!!
Discussion Starters for Younger Children
Have you ever worked on something with somebody else? What did you work
on? In what ways was it more difficult to work with somebody else than it would
have been to work alone?
Do you trust something that your mother or father says more than you would
trust something that a friend says? Why/why not?
Have you ever disagreed with somebody? What did you disagree about? How did
you resolve the disagreement? Do you think that this was a good way to resolve
it? Why/why not?
Has anybody ever borrowed anything from you that they then lost? What did
they borrow? How did you feel when they told you that they lost it? Would you
lend this person something again? Why/why not?
Discussion Starters for Older Students:
Vocabulary terms to discuss: Bailout; "Entire Economy"; "Easy Credit"; and,
Appalled.
Do you think it's right that executives of failing companies make millions of
dollars in compensation, even as the federal government considers bailing them
out of financial crisis? Why/why not? Develop arguments for both sides of this
question.
Imagine that you were an adviser to President Bush. Would you have encouraged
him to speak to the public last night? Why/why not? Think of a metaphor to
describe the role that the President filled when he made his television address,
yesterday.
If you were a lawmaker how would you determine whether or not you should
vote for a government bailout of the financial system?
Could you possibly support the bailout if you didn't think your constituents would
support your decision? Why/why not? How would you compare the importance
of winning re-election to the importance of helping the economy, if you thought
the bill was a good bill? Explain!!
The Washington Post is running an article entitled, "Bush Calls Bailout Vital to
Economy; Will Meet with McCain and Obama." The subtitle states, "Proposal
Takes Shape in Congress, but Broad Support is Lacking." The article states,
"Five days after unveiling the bailout plan, which seeks to purchase troubled
assets from faltering financial institutions, administration officials were still
struggling to line up support among lawmakers appalled by its cost, doubtful of its
methods and outraged by the speed with which they were being pushed to act.
While the usually fractious Senate seemed to be coming together behind a version
of the proposal, the administration had big trouble in the House, particularly
among mistrustful Republicans who said the White House had failed to make a
case for the bailout in terms ordinary people could understand."
Read the Article!!
Discussion Starters for Younger Children
Have you ever worked on something with somebody else? What did you work
on? In what ways was it more difficult to work with somebody else than it would
have been to work alone?
Do you trust something that your mother or father says more than you would
trust something that a friend says? Why/why not?
Have you ever disagreed with somebody? What did you disagree about? How did
you resolve the disagreement? Do you think that this was a good way to resolve
it? Why/why not?
Has anybody ever borrowed anything from you that they then lost? What did
they borrow? How did you feel when they told you that they lost it? Would you
lend this person something again? Why/why not?
Discussion Starters for Older Students:
Vocabulary terms to discuss: Bailout; "Entire Economy"; "Easy Credit"; and,
Appalled.
Do you think it's right that executives of failing companies make millions of
dollars in compensation, even as the federal government considers bailing them
out of financial crisis? Why/why not? Develop arguments for both sides of this
question.
Imagine that you were an adviser to President Bush. Would you have encouraged
him to speak to the public last night? Why/why not? Think of a metaphor to
describe the role that the President filled when he made his television address,
yesterday.
If you were a lawmaker how would you determine whether or not you should
vote for a government bailout of the financial system?
Could you possibly support the bailout if you didn't think your constituents would
support your decision? Why/why not? How would you compare the importance
of winning re-election to the importance of helping the economy, if you thought
the bill was a good bill? Explain!!
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