Exactly. Barney Frank is on video stating that Fannie and Freddie were fine. A few months later they collapsed. Now he's playing the saviour and talking about limiting corporate salaries.

I too am fine with corporate execs being evil and putting profits first. Eventually it will catch up with them (assuming we allow it). It's called bankruptcy. If we don't allow bankruptcy to happen, we end up in a neverending cycle of bailouts.

EDIT: Perhaps I shouldn't say I'm totally fine with evil corporate execs. I'm not totally fine with them, but I'm not about to ask the government to stop them or bail them out. I vote with my wallet. If I think they're doing something that's illegal or should be illegal, I'll ask my representatives to pass laws to stop them and I'll stop doing business with them in the meantime (see Circuit City for a prime example). Since I rarely see a company do anything illegal (I don't think deceptive marketing is wrong, I think people need to wake the freak up and pay attention to what they agree to), then I really have no problems with most of them.