The bailout

I am not all that up on the workings of the economy but I do have some questions or should I say concerns. I am concerned that someone who bought a house and did not plan properly to cover the debt, are now going to be relieved of that burden. A plan they should have planned for and considered all the different angles before they signed on the dotted line. When Judy and I bought our first house we thought and thought about all the things that could happen if times got tough. Such as a job loss or whatever. We decided that we could do it and we opted for a small house that would be within our means. Job loss ? We'll manage. I call it self reliance. Seems to me that now we want to bail out those people that made the bad decisions. Its almost like no self responsibility. Same can be said about the businesses that have indulged in bad money management for so long. There will be no penalties for their ineptness. The government is here to bail you out. I believe strongly in taking care of oneself. I call it self reliance. I think if we are going to bail all these people out we (the people) should get a cut. I want a piece of the company and benefit from the proceeds if and when they recover. I want a piece of the house if and when they recover. Albeit a small piece but wouldn't that be fair. Perhaps a lien that would have to be satisfied. Just my thoughts.