Bear Stearns Bailout and My Outrage

``In other words, the risky, nearly worthless $30 billion in assets that were bogging down Bear Stearns have been handed to you and me. If somehow these securities end up being worth something we profit. If not, which is what the market is currently saying, all of the liability (except for $1 billion) will be borne by us, the people. And worse still, this portfolio of $30 billion in bonds will not be managed by the government, but will be managed --- at a high cost --- by one of the original creators of the type of exotic mortgage products that helped create this mess in the first place.''