Originally Posted by cykoe6

Bear Stearns was bailed out by the Federal Reserve, not the White House, but otherwise I agree with you. I agree that special tax breaks for certain industries are ridiculous. I would also point out that most of the tax breaks for oil companies relate to the development of "alternative energy" sources like coal bed mathane. They are a perfect example of government meddling in the economy and why it is almost always has negative unintended consequences.