President Obama believes that we should pay for the mistakes of others. I believe in charity & we give to charity. But I don't like my money going to what others believe is the right expenditure . I feel that the government adds a surcharge which make them inefficient; I like charities that have less than 15% overhead; the US Government has a much higher ratio.
There is a commentator which believes that we should have another Boston Tea Party. My wife likes tea so maybe a Coffee Party! I really think we as individuals should help the unfortunate as individuals; I don't want my kids (who pay their bills & mortgages) to pay for people who used fraudulent pay records or unscrupulous lenders who did not do their due diligence in giving mortgage loans.
unscrupulous (adj) having or showing no moral principles; not honest or fair