[rbg81]

Homeowner bailouts, as warm and loving as they seem, are, in fact, bailouts for mortgage companies, and they don’t deserve it.

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If these homeowner bailouts occur, I will be mad as hell.
These people were as stupid to take out these loans as were the mortgage companies who enabled them. The author is right—all these people deserve what they get. The taxpayer (us) should not set the precedent by funding this stupidity. If we do, next time (and there will be a next time) it will 10X worse.

[Hydroshock]

I do not have granite counter tops or a 3000 sq ft house I can’t pay for. I do not have these because I knew it was idioticy to buy beyond my means. So why should we subsidize others greed and stupidity. Since when it that a conservative principle?