I think the "phrase" in question has a more limited meaning than you are trying to ascribe to it. It means that people who are in a situation where they stand

I think the "phrase" in question has a more limited meaning than you are trying to ascribe to it. It means that people who are in a situation where they stand to directly benefit from a bailout (depositors, bondholders, shareholders) will lean away from libertarian views, based on their own needs at the time. It doesn't claim that libertarians are for/against bailouts in general. People who would not be directly helped, or who might even be harmed by a bailout (taxpayers), rail against them as being unfair, as in the examples you point out.