Just a Question of When....

It wasn't and never has been a question of whether the ignorant, greedy, or just plain criminal who participated in the current financial fiasco surrounding the mortgage industry would be bailed out, only when, and, of course, what form the "plan" would take. This may be a a scheme of the Democrats, but if the Republicans had come up with it, it wouldn't have been enough different to matter (I base this opinion on the fact that it was a Republican-dominated Congress that voted millions of the same taxpayer's money to each of the families of the 9/11 victims).

Some would say it will be better in the long run because it will stave off even larger economic losses, that could cost the taxpayers much more than $6 Bn. So then, what's wrong with it? The same thing that's wrong with any bailout. It becomes a precedent, and makes everyone else feel entitled to equal treatment. And, for the life of me, if somebody who gets their house foreclosed on today gets bailed out, I cannot see in all equity how the government can refuse next time, any more than I can see why the families of the victims of the Oklahoma City bombing aren't entitled to the same compensation as the millions given to the families of the victims of 9/11. They're all entitled to the same thing, and that could be- nothing.