Amen.

Why we shouldn't be bailing out subprime lenders or borrowers

Two words: no shit. I don't understand why any of us taxpayers should be bailing out anyone who has a screwed up mortgage. If you end up losing your house, then you end up like the rest of us: renting. But you keep the house with a govt bailout, you get to keep the equity of your investment? Forget it, I'm not at all for subsizing people who have made a bad investment decision.