Nonsense On Stilts
It is important that the government bail out Fannie and Freddie. The free enterprise system, with its private property rights, profit and loss system of incentives, and market prices that allow individuals to rationally plan, works just fine for all other goods and services: food, clothing, health care, etc. The one exception is housing. Here, greed and rampant capitalism reign supreme, causing vast harm to the populace. The only hope for the average person is government. They are there to help us.
Right? Not so fast.