Economics Professor David C. Smith on government bailouts

On the November 23rd edition of WNRN’s Sunday Morning Wake-Up Call, host Rick Moore talks with Professor David C. Smith of UVA’s McIntire School and Director of the McIntire Center for Financial Innovation. With CEOs of the “big three” US automakers asking for billions of dollars in federal aid, banks asking for help to free up credit spending, and talks of “negative inflation,” Professor Smith helps sort out the confusing news and what impact all of this may have on our economy.