If this wasn't so SAD, it would be down right hilarious...

...Why isn’t more being done to help homeowners?
That’s a key question being asked this week by congressional Democrats, and it’s a major sticking point in the current debate over the details of the bailout. The debate has gone on for the last year, and both sides are pretty well dug in.

Opponents of aggressive measures to “bail out” homeowners argue that this would reward bad behavior — or at least bad financial decisions. Homeowners who reached too far, this thinking goes, should suffer the consequences.

Proponents of more aggressive assistance, including a change in bankruptcy law to let judges negotiate more affordable terms, argue that if the government is now bailing out lenders who made bad investments, it’s not fair to leave homeowners hanging. So far, voluntary efforts to rework mortgage terms haven't gotten very far...

...What got Fannie Mae, Freddie Mac and the big investment firms into so much trouble?
When they bought investments backed by shaky loans, these financial giants compounded the problem by relying on too much borrowed money themselves. Just like the “no money down” home buyers,