Here we go...

Senator Charles Schumer and other members of the Senate Banking Committee said the federal government should spend "hundreds of millions of dollars'' to bail out subprime mortgage borrowers facing foreclosure. Non-profit groups would distribute the money to help homeowners refinance loans they can't repay, Democratic Senators Schumer of New York, Robert Menendez of New Jersey and Sherrod Brown of Ohio.

So, let me get this straight those of us who did the RESPONSIBLE thing and did not buy more house than we could afford (while watching prices skyrocket out of our reach due to these irresponsible buyers) are now being asked to bend over and take it once more as our tax money goes to subsidize those who did buy more house than they could afford? Why?

And I'm tired of hearing that folks didn't understand what they were getting as a mortgage. Everyone understands adjustable interest. And everyone understands whether or not a payment is more than they can afford. And last of all everyone should understand the consequences of lying about his/her income on a mortgage application. I don't have any sympathy.

These folks took a risk. If it had worked out for them, the profit was all for them. They weren't planning to share it with me. It didn't work out, so I have to share the loss? WTF?