Our Financial Bailout Culture

Just an excerpt and a link to a WSJ article about the consequences of bailing out people and firms that make bad financial decisions. Excerpt:

Consequences not suffered from bad decisions lead to lessons not learned, which leads to bigger failings down the road. And so we have the insidious modern trend to shirk responsibility and blame others for our missteps. This trend, this "victim mentality," is a path toward personal disaster.

Link.