Fed / Congress may bail out Fannie Mae and Freddie Mac

Looks like Fannie Mae and Freddie Mac may be bailed out due to the mortgage woes. Lots of articles out there.

I see why we would want to make sure these two giant mortgage businesses don't come crashing down, but whats being done long term....

Should we let the market play out like it should, or have government create more oversight into the business world? What do you all think... or do you care?

Editing the statement (Oh yeah.. the cost for the bail out really isn't the issue....) which isn't accurate. The Fed actually took up some of the liabilities and now the Federal Reserves balance sheet has to take the hit. Can't find the exact amount, but I it could be as much as 5 trillion. This affects the rates our country gets when borrowing money just like any business gets rated on its risk to the investor/lender.