Houses Like ATMs

clipped from instapundit.com SO I'M WATCHING MCCAIN TALK ABOUT THE SUBPRIME CRISIS, and how there may be some "greedy people on Wall Street who need to go to jail." But I heard a typically sad-toned NPR story on subprimes tonight, and despite their best efforts to evoke the Joads it was a story of people who "used their houses like ATMs," taking out home equity loan after home equity loan when they started with a subprime mortgage, only to wind up owing far more than their houses were worth and unable to make the payments. Boo hoo. Shouldn't there be a price for being an idiot? And -- despite not being on Wall Street -- a greedy idiot? Why does McCain want to bail these people out? Why does he want to put Wall Street people in jail?