The Big Bailouts are a rip-off to the common man

I am more and more frustrated with the bailouts. First, we (via the Federal Reserve, who made the dollars in my pocket and your's less valuable in order to) bail out the big failing banks. We shored them up because we were told that it would hurt the entire country if we didn't. That's bogus and we all know it.Next, the democrats used this as an opportunity to buy votes, bailing out people defaulting on their mortgages. However, those mortgages were mostly yuppies buying houses way beyond what they could reasonably afford. They gambled and lost, getting caught by the rising rates of the adjustable rate mortgages. They knew these were adjustable rates. What part of adjustable did they really not understand?So these bailouts and now the Indy Mac and Freddie Mac bailouts. When will it end?Here's the truth. The execs that ran these big banks and financial groups, were paid millions of dollars in bonuses for the decades, while they were making irresponsible risks. They gambled and failed and why should we bail them out?It seems that when they fail, they share the losses with the citizens, but when they profit, they don't share.And democrats or republicans, it doesn't matter who is in control of Congress, because they always make sure this keeps happening.It goes on locally too. Locally, we had a group of rich guys that started a company called Great Plains Airlines. It was a dumb and risky idea, but it was their money and they could do what they wanted. The thing is, they got the City of Tulsa to put up the guarantees through a large financial institution.Well, Great Plains folded. From the beginning, they never even attempted the markets that they were charted to go after, and so it was no surprise that they failed.So they lost money, but the city and the financial institution were left holding the bag. In order to pay the financial institution, naming rights to our new arena were awarded. These usually go for over $30 million, but it was a bargain basement price because of what was owed in the Great Plains deal.Now, only recently, the mayor of the city pulled a backdoor secret deal (it seems so) with a deadline of only 48 hours, and came up with emergency money to pay the bank their $8 million.Wait a minute! Didn't they get naming rights? That should've been payment. Now the citizens are left holding the bag. And the city really had no legal responsibilities, but they pulled a deal with no time for city councelors to contest it. It went through, and the citizens foot the $8 million bill.If Great Plains had profited, nothing would've been shared with the citizens, but the losses, oh, they'll share that with the citizens.Time and time we see this sort of thing go on. It happens at the top and it happens in the bottom levels of government. The reason it happens is that the citizens aren't paying attention, and the ones in control and the big money interests know it.