The Bear Stearns bail-out from my own personal moral point of view: "No way, let them reap what they have sown." But from acquired knowledge and information on this situation, Bear Stearns is just as much a victim in this fiasco, if not more so, than any individual mortgage holder home buyer. Yes, Bear Stearns knew the risks of buying and bundling mortgage loans from the sub-prime market, smaller banks and S&L's could no longer absorb the losses of non-paying and/or late paying paper holders. What and why you may ask is the reason for such an outstanding high volume of high-risk loans? Well obvious of course, the meddling and interference of our great and wonderful federal government. It was not too many years ago when the DC House and Senate held public hearings toward overly strict loan and credit requirements, red-ling by neighborhoods, based only on race - so the congress said. So what if you as a bank or S&L are just like any other company, in business to make a profit; federally regulated means doing what congress says to do, or be forced out of business right away. So what about now? People who never should have been given credit or granted a mortgage loan in the first place, are even worse off than they were before; thanks to the wonderfully progressive wisdom of a Dem-Lib congress. Same question and warning to Dem-Libs as always: "Be careful what you wish for, it may come back to bite you in the butt!"