Moral Hazard

This has been on my mind lately due to twitter bubbling with anti-corporate bailout sentiment.

A friend (Hi, Ian!) shared the link and said:

we have gotten so used to people abusing what is right in favour of what is "legal" around tax, we are now going to face the same problem around government help and subsidies. For instance should the govt help-out a landlord that has no savings vs a landlord that has extensive savings or equity? Why should the people that planned for a rainy day be punished literally or relatively?

I hope he gets around to writing the article about it. Does anyone have something along these lines to share?