In March, Sen. John McCain (R-AZ) took a hard line against government economic intervention, saying that it is “not the duty of government to bail out and reward those who act irresponsibly, whether they are big banks or small borrowers.” Watch it: In what may be the “largest financial bailout” in U.S. history, the federal government is now set to take over Fannie Mae and Freddie Mac, two government-sponsored enterprises that “own or guarantee almost ...