Have you been paying your mortgage on time? Sucker.

Looking to buy your first home, but you waited because prices were just a bit too high? Or did you buy a home and have been diligently paying your mortgage on time?

Well screw you, courtesy of the Bush administration.

The Bush administration is now talking about expanding their little mortgage bail out to people with prime loans too. That means pretty much everyone who simply gambled and lost or just didn't want to pay their bills on time. And what's worse, it means people who pay a lot less than you for the same mortgage will get to keep that sweet little deal for the next five years, courtesy of the Bush administration, simply because they didn't pay their bills on time and you did. Yes, they not only pay less than you each month for the same freaking mortgage, but because they didn't pay their bills on time, they get to keep paying less than you for years to come. Had they paid their bills on time, or simply not gambled, their mortgage payment would now be in line with yours, or even higher. But why not reward stupidity? We've been doing it for 7 years!

After the jump, how Bush is planning to make your next home purchase more expensive!

Or, take cases like mine, where I haven't bought my first home because prices were too high and I didn't want to speculate or overstretch my budget. People like me thought we'd wait until prices came down a bit. Well surprise! The Bush administration is talking about artificially keeping those prices up so you can pay another ten, fifty, 100 thousand or more for that first condo or home. You see, the market was finally self-correcting, moving back in the direction of normal price levels. But our politicians can't stomach letting the free market do its work and holding people responsible for their lifestyle choices. So, yet again, we get a federal bail-out that helps everyone but you and me. In fact, it doesn't just not help us, it hurts us because these mortgage bail-out plans guarantee that the next home we buy will now be more expensive than it would have been. Prices were coming down, now they won't. And just guess how this little bail-out is going to affect the price of YOUR new mortgage? Think even more expensive. All because you were neither greedy nor an idiot.

So where's my bail-out now that the Bush administration has just put a virtual tax on my first condo? Where's my check for $50,000 to help pay for the inflated prices they're socking the rest of us with? Don't expect any help any time soon. Those of us in the middle, neither rich nor poor, never get any help from either party. We're just expected to pay to help everybody else, over and over again. And they wonder why much of the American public is fed up with both parties.