Caveat Emptor says it all. They bought stupid and they can suffer for it, no government bailout.
Government bailouts ought to be restricted to the truly unpredictable, like a major meteor strike in your area.
So9
Heh. Meteor strikes are actually more predictable - it's only Kepler's Laws - than any other natural disaster.
Now, the question of disaster relief. The "let-them-eat-cake" FReepers say that the gubmint cain't spend none of their tax dollars on relief. Well, justifications exist in the preamble, "We the people of the United States, in order to...promote the general welfare"; Article 1, section 8, "The Congress shall have power to...provide for the...general welfare of the United States". Merely because the exact words "disaster relief" do not appear within the text of the Constitution does not mean that it is prohibited. For example, the Constitution only contains a vague reference to "executive departments"...does this mean that the Cabinet is un-Constituitional, because it's not specifically mentioned?