Plz help with my economics question?

[arvad]

1.) In your own words, why did the debt problem occur?
2.) Is it better for our economy to allow free market forces to govern our financial services or should there be more regulation by the Federal government and the Federal Reserve?
3.) Should consumers be more protected by better laws or should the idea of "consumer bewares" apply in these markets? Has unfair, predatory lending been taking place at the expense of the borrower?
4.)Should government help the large banks and brokerage firms and "bail them out" of these bad loans?
5.)How much help should be given to borrowers who are in trouble with their mortgages?
6.) Does the Federal Reserve have too much power? Did they overstep their authority in the ways that they have dealt with the problem?
7.)What is your opinion of “moral hazard” concerns?