Dear Congressmen and Congresswomen: I heard from the news that the Congress is thinking about bailout measures for home lenders and borrowers. I already saw the Fed bailed out Bear Stern. I would like to express my concerns about this. When Japan's real estate bubble busted, US government, academics and Wall Street tycoons lectured Japanese that they should stop government intervention, let free market to work through the mess, let the bankrupted banks to fail and so on. When Hong Kong Monetary Authority intervened during 1997-8 Asian financial crisis, Wall Street hedge fund tycoons and western media cried about that Hong Kong was losing its free market economy. When the Detroit auto workers were laid off, Wall Street said let the free market to weed the weak to make US economy more competitive. Now, Wall Street is in trouble and Wall Street created the mortgage that makes US economy less competitive, suddenly they totally abandoned what they preached all these years and become the believers in the Chinese Communist prescription for Hong Kong financial market and cry for government help. By governmental bailing Wall Street out of the mortgage mess it created and benefited from, American "free market economy" preach will become a joke around the world.