The "great" American mortgage bail out

It really pisses me off that our Federal Government is willing to bail out all this mortgage companies. Fannie Mae and Freddie Mac are only the latest in a series of mortgage companies who reportedly may need the Fed to step in and provide funds to prop up their mortgage division's due to their own ignorance and greed. For most of this decade Mortgage companies nationwide have been issuing home loans to people who don't deserve them or can't afford them and now that the ramifications of their idiocy are coming to life here comes the great savior-the Fed-to bail them all out. How pathetic.
Capitalism is a tough economic system, the smart and strong survive and thrive, and the weak, stupid and greedy go by the wayside. Small businesses come and go every day because of these very reasons and, billion dollar companies or not, these big mortgage companies deserve no more and no less than small businesses in American society. I realize and understand the ramifications of large mortgage companies going 'belly up', but to utilize valueable tax dollars to bail out greedy mortgage companies is ridiculous and foolish. If we don't let at least a few of them to go under, how do we expect to ever turn around the rampant greed which plagues this industry in America today? Now, to be fair, the individuals who took these mortgages are as much to blame as the companies offering them. How stupid do you have to be to agree to a mortgage that you know you won't be able to afford the second that your interest rates readjust and/or rise? The people who signed these mortgages and those that offered them are not only economically stupid but they lack common sense and deserve everything they get. The only good that will come from the mortgage mess is that all the large mortgage companies are in now is that we can only hope they wont repeat their greed in the future-and that people will learn how to read what they are signing and what it means before they sign 'on the dotted line'.