The big shots at Fannie and Freddie are among the fattest cats sucking at the Government teat. (Obama got in trouble for appointing former CEO Johnson, remember - Countrywide had done him favors.) The bail-out, although probably necessary, has exposed taxpayers to hundreds of billions of dollars of bad debt. The bad debt exists in large part because of the cozy relationship between those entities and Washington, and the always implied assumption that the feds would back up their obligations. With that status, they took on huge risk - but not with private money (in effect.) They did it with the security of this backing. The two CEOs are currently scheduled to get $8m and $16m buyouts, as solace becuase their stock options have been rendered worthless under their management.

McCain (even if he doesn't understand economics very well, as he says), should at least know this fact. The bailout has put taxpayers at risk for hundreds of billions of dollars. If he doesn't (after how many years??), then he and Palin really are pigs - heading for slaughter.