Open Thread

For general discussion and debate. Possible talking point: Subprime bailout. What do you think about it?

Is a program that will lock in a troubled borrower's teaser rate for five years fair to folks who borrowed money at virtually the same time, aren't having difficulties,and, therefore, will likely now have much higher interest rates and payments than those in trouble? Wouldn't this be rewarding fiscal irresponsibility rather than folks who saved, budgeted, and spent wisely?

In essence, wouldn't our government once again be rewarding bad behavior rather than good behavior? Or, does the end justify the means inasmuch as this could prevent a hit to the economy and is the moral thing to do?