The president has signed a bi-partisan housing bill. Something for everybody, it contains lots of taxpayer money for Fannie Mae and Freddy Mac. For those who don't like it, consider this: the problem could have been avoided, if Congress had required larger capital reserves when those quasi governmental corporations were created. Of course that would have lowered profits and been labeled as too much government regulation ("big government"). Those big profits made a few people very wealthy. One of the benefits of unregulated capitalism. NYT reports here and here.