Let me ask you something? do you think these banks held a gun to these peoples head and said sign this mortgage or else? The bottom line is this , if someone does not have the ability to pay their mortgage their house gets foreclosed, if a bank makes bad loans they are SUPPOSED to go out of business if they make too many of them. It's actually quote simple, when your bank asked you for proof of income they were making sure that your income, was enough for the house you were purchasing, however, you as the homeowner knew or at least I hope you knew, that if you made 25,000.00 a year, a 750,000.00 home was a bit out of your price range. If someone is buying a home and they make only so much money and the bank say's here is your home loan it's a 3 year ARM at 1% then on the 4th year it goes up to 9 1/2 %, You mean the poor the people taking those loans out have no responsibility whatsoever? I cannot believe how democrats cannot see that by bailing out bad mortgages and people that are behind on their mortgages send a bad message to those that have been paying it all along. It's rather like, not only have I been making my payment on time, now I have pay theirs too. Make NO MISTAKE, the only WAY to pay for this huge bail out is to raise taxes.