It's not just Wall Street. Morons in Texas also want to be bailed out. Let's review the logic here:
Hmmm, "certain death" if I remain, according to the National Weather Service. Oh, heck, I can go buy a generator after the storm. And I'll get gas and food then, too. No need to think ahead of time, especially with all the warnings and stuff.
Let's not forget the one thing all these non-thinking bailout candidates have in common: they are conservatives.
Yes, those conservatives that want less government also want a bailout.
Remember all those rants about how government regulation of Wall Street weren't needed anymore? Remember Katrina, when the Federal government let local and state governments take the lead?
So it seems there is a role for Federal regulation after all. It's to prevent these kind of bailouts.