I've commented on this topic many times over the past months, so why not give it one more go.

There are two groups responsible for the mortgage mess - the individuals who took out exotic mortgages on houses they couldn't afford, and the financial institutions who sold them those mortgages.

I understand we can't let the system fail, but I see no reason why my tax dollars have to go towards helping bail these two groups out.

They made terrible decisions. All a bill like this does is reinforce stupid behavior, because if we fail, the government will bail us out.

If you had your home re-possessed, it's because you couldn't afford it in the first place. If a financial institution is going down because of all the write-downs they've had to take on bad mortgages, it's because their leadership authorized bad decisions.

Are there some exceptions to the above - sure there are. But those aren't the situations that this bill is addressing.