[Phantom Lord]

I just hope President Bush doesn't agree to anykind of bailout. Especially for homeowners.

It is not the job or purpose of the government to save you from taking on too much debt.

[RightWhale]

The housing market, and now the credit market must be allowed to readjust to a new balance. In cold reality this means there will be losers and no winners.

[John123]

I just hope President Bush doesn't agree to anykind of bailout. Especially for homeowners.

Oh no... the next President is going to have to deal with that -- and believe me -- banks ARE going to be bailed out...

And of course, if its President Hillary -- It's Bush's fault

[Non-Sequitur]

I just hope President Bush doesn't agree to anykind of bailout. Especially for homeowners.

It is not the job or purpose of the government to save you from taking on too much debt.

His old man bailed out the S&L industry. This Bush will bail out the home mortgage industry.

[TXLibertarian]

I just hope President Bush doesn't agree to anykind of bailout. Especially for homeowners.

A bailout has already begun, although it is for the large lenders and banks rather than the individual homeowners. The Federal Reserve purchased $35 billion worth of mortgage backed securities today (the same paper no other institution was willing to touch). A disgusting example of the how banks in this country enjoy a "tails I win, heads you lose" relationship with the American taxpayer.