If people who made stupid decisions were held accountable for their actions....the Fed wouldn’t have bailed out Bear Stearns, and Bush wouldn’t be advising to bail out the home buyers.
There is already a system in place for morons: it’s called bankruptcy.
I agree with you on the bankruptcy. Let them sink and let everyone else continue to pay. My home should be paid off within two or three year.
Now I have to help pay for some idiot's decision to go into a debt he/she couldn't afford and should have in no way been qualified to assume such a loan.