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It's not just our money that will bail out the greedy banks and irresponsible homeowners....it will be our childrens too. This is a horrible precedent to set! When I grew up in the 1960's we had a small house (compared to today), one car (that my parents drove for years) and went on one vacation a year (somewhere we could drive) but we were happy and SAVED money. My parents were responsible! It paid off when they retired and I follow in their footsteps. Shame on all these people who expect the responsible ones to bail them out.
By Boo