First Wall Street bankers. Then government lending agencies known as Fannie and Freddie. Next in line for federal handouts was the international insurance company A.I.G. It begins to look as though the recipients of the hundreds of billions in bailouts will include virtually everyone. While the federal gravy train is still dispensing its favors, state governments are now looking to Washington to cover their huge deficits.

Anger is on the rise all across the country concerning the proposed government bailout of the mortgage industry. The $700 billion dollar price tag, at a time when Americans are already suffering from ionospheric fuel and food prices and are awaiting winter heating bills with trepidation, has stirred resentment among those whose taxes will have to foot the bill for such extravagance.