If it makes you feel any better — though why should it, unless you're investor and you see a long-term jackpot — the Las Vegas Strip's Bellagio and Mirage casinos are themselves in trouble because their highly leveraged owner MGM is about to crap out.

There's just no place to run to. After months of getting bailed out by the public, the banking industry is making the public bail out of their homes at a record rate in the U.S.

Foreclosure filings broke records in April, 32 percent higher nationally than in April 2008. One in every 374 housing units in the U.S. got the bad news just last month.

It doesn't matter that repossessions by banks fell to their lowest since March 2008 — that's only because emergency laws and decrees have imposed delays and moratoriums. There will be a "corresponding spike" in repossessions (called REOs), says the CEO of RealtyTrac, which reports these figures.

In Vegas, the house wins, and the person loses. No surprise there, but the numbers are still shocking:

But like everything else in Vegas, that's an illusion because the repossessions are sure to come. What seemed like one of your safer bets — being able to stay in your homes — looks riskier and riskier.

At least Vegas's real houses — the casinos — have a brighter outlook: Gregory Pepin predicts this morning on Seeking Alpha that if MGM "makes it through the crisis without going bankrupt, long term growth is very attractive."