Paul Krugman has a great analogy at the end of this clip that addresses the applicable "moral hazard" meme surrounding subprime and ARM mortgage holders and the bailout. In case you don't know a lot of people are not too excited about helping borrowers who took out mortgages they couldn't afford, especially the ones that were responsible and borrowed within their means.
Krugman, likens those borrowers to the Katrina refugees and the financial crisis to the storm. Artfully pointing out that no one thought it imprudent to rescue those who decided to stick it out.....good point, if you accept the Katrina/Financial Mess parallel.
I really think if there was a time to replace your ideology for practicality and sincerity and self interest it would be now.
