Washington DC and Mortgage

The Mortgage Crisis has hit Washington DC and George Bush is reacting. While many areas of the country such as Wilmington NC real estate is doing ok. Places like CA, OH, FL and other pick states are large electoral states are having problems.

Here is the problem: people who play be the rules are getting punished. We paid higher rates and were safe. People who took a huge risk are being bailed out by the government.

Why should the government bail any of these people. I am sorry and feel bad for these people. However, we are giving entitlements hand over fist. This must stop. I guess George Bush and the Republicans (and the Democrats) have never met an entitlement they did not like.