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"That would never have been possible without the taxpayer bailout, hence the anger."

What I still don't get: wouldn't it make more sense to direct the anger at the bailout, that is, the government? The same guys who are now calling for regulations? Why trust them now?

With respect to blaming homeowners, I was referring to the article which blamed lenders to homeowners.

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A good point which just happens to be one of the points of the Tea Party movement.

Anger at those who borrowed more than they should have is inchoate and can stay that way since it brings its own punishments, anger at those making the bailouts is focused and effective. E.g. voting for the TARP was one of many reasons Utah Senator Bennett lost his bid for nomination.

Wasn't losing the savings of half a country the consequence of not doing that? See Great Depression, Argentina's corralito, etc.

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