From HomeGuide123:

The worst housing slump since the Great Depression is prompting all sorts of new bailout plans. Fed Chairman Ben Bernanke is encouraging banks to forgive portions of mortgage debt, the Democrats want to use billions in federal money (actually, it's taxpayer money) to buy up bad loans and the Bush Administration is preparing to dump bank losses on the shoulders of taxpayers.

In reality what the Democrats and Republicans are doing is exactly the same thing: They're using welfare (either social or corporate) to drop the burden of these bad loans on the shoulders of the middle class.

More info here.