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

[mattkime]

$tevie wrote: 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.

I certainly agree that too much concern with morality isn't helpful but we do need to consider the winners and losers of considered responses.

while capitalism isn't a moral belief system, it does rest on a system of beliefs. (almost all of which have been thoroughly tested)