If Bush will not bail out homeowners who are losing their homes because they "made bad financial decisions"

then why is he bailing out Bear Stearns ? Those fat cats are sitting pretty in their huge, plush homes getting subsidized by the Fed. They made bad financial decisions too. Why not make this bailout contingent upon them losing their homes too?
Update: M1 - I disagree with you - what does this mean then, "The Fed essentially guaranteed JPMorgan that it would backstop any risk involved in taking over the 85-year-old Bear Stearns, which has 14,000 workers worldwide."
Update 2: people, people, people - how can this NOT be a FED bailout if the FED is guaranteeing JP Morgan against any loss????
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