Why not solve the mortgage crisis by giving money to homeowners?

[$tevie]

The reasoning seems to be that helping the individual homeowners will ultimately help the financial institutions. So tax money is still bailing out these institutions, it's just disguised as a warm-and-fuzzy.

I dislike the way people insist on injecting morality into these equations. "Bad companies deserve to die" and "Bad homeowners deserve to be foreclosed upon" and other such malarkey. Capitalism is not a moral belief system and it's really stupid to suddenly try to act like it is.