Give Me a Break!

This really makes me mad. Let me see... the lender loaned money they should have known would be difficult to repay once interest rates went up and the borrower wanted instant gratification so took out a loan they weren't sure they would be able to afford in the future... and so the government is going to bail them all out. Is the government going to provide me with assistance to purchase a home? Nope. Because we're smart and are saving and waiting and being patient, we are just out of luck. Now, I understand that getting the housing market stabilized is good for the economy overall and thus for my grocery and gas bills. But I'm really tired of irresponsible, 'I want it all and I want it now' spending in America. More people need to tune in to Dave Ramsey -- including our government!