Homeowner Bailouts? Look Again - It's a Bank Bailout

``And here is the key epiphany that I've been marching toward: guess what - this isn't really a homeowner bailout at all. It's ANOTHER bank bailout! Remember - just like Ms. Carter made the "business decision" to leave her home, banks can make the business decision to adjust the outstanding mortgage balance (lower) on borrowers who cannot pay and will otherwise default and induce foreclosure. There's one huge problem with that, though: ... the deadly game of extend and pretend we're playing with our debts. ''