Quick Question

I was just reading how the banking crisis may be avoided by the Government using tax money to bail out the lending institutions. The problem I see is, it was the lending institutions that asked for all the deregulations that led to this mess. So, why bail out the banks and not the home owners? What about the majority of taxpayers who scrimp and save and strive to live within their means. Which means saying no to bling it seems everybody else has? Are we rewarding greed and bad decision making at the expense of those who work and save?

I just don't understand how this is conservative fiscal responsibility. So the new American philosophy is spend what you don't have and pass the bill on to the losers that actually pay their debts. Wonderful.