Now the federal government is suppose to bail-out both the lenders and the home owners who have been irresponsible with their choices so we can attempt to move past this mortgage crisis we're in.  I know that everyone wants to have their "American dream" and own a home.  But banks and mortgages companies have gotten aggressively greedy and have convinced buyers that putting no money down on a house is a safe investment.  And those first time home buyers, many of whom live week-to-week, have fallen for the charade.
We must keep in mind that the "federal government" is you...and it's me!  So, once again, we are suppose to come to the rescue and use our money to help those who are in trouble.  I certainly believe that we should help and that we should help now, however it should be evaluated on an individual basis...not across the board.  Regarding those who make uninformed financial choices, it is not our responsibility to make their mortgage payments for them.  Putting more stringent lending policies in effect for our banks and mortgages companies is a key component for helping the consumer to make good choices.  What do you think?