Bill Gross Tells Bush to Save Housing Market

It seems that only Bush can save people from losing their homes in foreclosure according to Gross. What is the the reason that he has to get this little dig in on Bush though?

"Write some checks, bail 'em out, prevent a destructive housing
deflation that (Fed Chairman) Ben Bernanke is unable to do. After all 'W',
you're 'the Decider,' aren't you?" Gross wrote.

Part of me doesn't want to see millions of foreclosures but sometimes people need to wake up and understand what they were signing up for when it comes to Adjustable Rate mortgages.
Adjustable rates mean they might adjust in the future. People should have realized that interest rates will eventually go up.

Plus some of these home owners bought more house then they can afford to reach that Bling-bling Cribs lifestyle then it makes things even worse. This is why there needs to be a mandatory financial literacy classes given in high school. The government shouldn't always have to backstop people who have made bad decisions.