Bailout for the irresponsible

The bailout bill passed by the House yesterday seems to me to be a bailout for the irresponsible. It bails out mortgage lenders who knowingly made bad loans. It bails out Congress (i.e. Chris Dodd, Barney Frank, et al), who knowingly looked the other way even as the Bush White House tried over and over to correct the situation. It bails out Bill Clinton and his cronies who, in their idealistic zeal (was it really?) for housing parity between the bourgeoisie and the proletariet, forced banks to make many of these "sub-prime loans." They then deceived the public by calling this adventure in Stalinist central control "afforable housing." The new legislation also bails out the home-buyers who over-borrowed by granting judges the power to not only reduce the interest rate on their defaulting mortages but also the principle. Not only that, the bailout bill also forces health insurance companies to pay the cost of treating so-called mental illnesses, many of which are the direct result of irresponsible lfestyles. Moreover, many therapists will tell you that having to pay the fees for treatment is often a fundamental part of the therapy itself. So in the end, the bailout bill is primarily a bailout for the irresponsbile.