How was Bear Stearns rewarded? Or Countrywide? Or New Century Finance?
Why are we on the hook for those who did not do that?
How are you on the hook?
Bear Stearns and the other firms involved were rewarded by being able to get loan guarantees that ordinary people could not get had they made the same bad financial decisions.
How are you on the hook?
Who pays the taxes that will be used to cover these loans should they fail to be repaid?