60 Minute Video

1. What is your opinion of the topic of the video? Explain why.
  - My opinion on the video is that it is completely unfair to hardworking, honest citizens who genuinely try their best to make it in this train wreck of an economy. People are cheating their way to economic gain and looking only to benefit themselves and all the while preaching to America about equality. Everybody in the white house needs to be taken out and replaced because they have turned into professional politicians out to not earn but gain as much money as they can by putting a blindfold of the American public.

2. What can you do about your opinion? How can you make your opinion count?
- As far as I know, there's not too many extreme things I can do to get eyes on me and how I feel, I can however express it to as many people as possible and eventually vote to change the way things are ran.

3. What is insider trading? What was the information that caused Martha Stewart to go to prison?
  - Insider trading is when people on the inside of the stock market give relatively accurate information about how the stock is going to behave, and caused the decision of investor. Martha Stewart was told that the stock she was invested in was going to drop dramatically, so she sold the stock and saved herself from losing money.

4. What is black Friday? And when did it get it's name? And what is cyber Monday?
  - Black Friday is the Friday after Thanksgiving; this is a day where all of the stores make insane deals and lower prices dramatically, causing a frenzy of shoppers.The term "Black Friday," originated from the police in  Philadelphia who year after year had to face a massive crowed of fans that came to the army-navy football game, combined with the swarm of holiday shoppers to create a traffic clogging mess.

Candy stocks

In Free Enterprise, we were taken into the library, and put in a tiny room that was dark and had no windows, then separated into groups. The room was very loud and filled with candy, it was everywhere, on the floor, on the table, the room was completely covered. When Mr. Kapptie said go, we were to race and grab as much candy as we could, putting into a pile. Once all the candy was put into groups and gathered, we were to separate them into different categories according to what type of candy it was, such as different flavors or Laffy Taffy, and different flavors of chocolate, the Marshmallow pumpkins, Krackles, Mr. Goodbars, Herhey's and so on. The color of the wrapper also determined what pile the candy was to be placed in, there was gold, and silver. The candy was simulated as "money" and "stocks." Prices in the Laffy Taffy and the Marshmallow Pumpkins stayed the same throughout the exercises, but the "prices" of the chocolate would vary according to how well the "company" was doing. Obstacles would be thrown in, like splits, and scandals that would affect the stock and we would have to make a decision based off of how we believe the "stock" would do. In the end when the simulation was over, we totaled up the amount of money we "made" with our candy to see who was smart about their "investments."

Journal 7