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The New Foreclosure Prevention Plan

We all know the arguments about fairness. What about those that payed their mortgage faithfully and yet have to spend their tax dollars on those that bought at the top of the market. But truly, not enough attention has been spent on the unfairness to those that were prudent about not overpaying for a home in an incredibly obvious bubble market. Those that have been renting and saving for that down payment. If we prop up values, they are being cheated out of the opportunity that rightfully belongs to them. What about the next generation? How are they served by the government propping up home values artificially?
If we can rationalize propping up the real estate market for a select group, can't we also rationalize bailout money for renters that see their rent go up? Why should they have to move if homeowners some of whom used 'liar loans' can remain in their homes? And what about my 201K plan? Shouldn't I receive a government cash infusion to recapitalize my stock losses?
The fact is this is an immoral act in a free market economy.