I am assuming that in the interest of fairness to the taxpayers that all of those homeowners who are “bailed out” will have to return some of the (eventual) appreciation in their homes back to taxpayers in order to repay them for subsidizing their stupidity.
Oh, no… that’s right… real estate is all about “heads I win, tails you lose,” or “If things go down, I need a bailout because I got screwed by my mortgage broker; but if prices go up, well, that’s all mine (I took the risk, didn’t I? I’m a genius!!).”
