history repeats itself

History repeats itself is really true. Since the founding of our country we have been fighting over whether we should be helping those in need and how to do so.
The Federalists favored the elite while the Republicans (Jefferson's Republicans) favored the simple farmer. (Actually they favored the large plantation owner but it sounded nice to claim they favored the yoeman farmer.)
Then we had the Abolitionists who wanted to free the slaves and the Southern Democratic Party which became the Confederacy. Not much feeling for the oppressed over there.
After the war we had our Laissez Faire Social Darwinists who would let the poor starve in the streets. Then came the Progressives who tried to help the poor.
FDR puts an end to Laissez Faire policy. The Republicans under Ronald Regan do what they can to bring back the idea under the new name of trickle down economics.
And now we come to the Mortgage Crisis! Homeowners are going to default on mortgages. And mortgage brokerage firms are going to lose money. The Democrats want to "bailout" the poor homeowners. The Republicans want to help the mortgage brokers. Looks like nothing has changed!