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Most individuals were aware three years ago that this real estate loan subprime market was going to cause this kind of crash. I remember sitting down with bankers who advised me and "others to keep your credit perfect, maintain liquidity, and you will be a bankers prayer when this crashes". Now our Nanny government wants to bail out the loan institutions responsible for making these loans, bail out the borrowers who can't make today's payments that they didn't qualify for those loans at the time of their application. What should be the role of government? Some people reading this may have been forced to purchase very expensive PMI, (Private Mortagage Insurance), to cover the lenders if they defaulted on their obligation to make payments under their variable teaser rate trust deed and note. Some people weren't forced to purchase that insurance which only covers the lender's interests. Why should you have to pay to bail out greedy mortgage brokers who could have...

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