Among those who should be wearing prison pinstripes are Connecticut Sen. Christopher Dodd and his House colleague, Rep. Barney Frank of the socialist republic of Massachusetts.

This Dodd character is something else. The head of the Senate Banking Committee, he gets a favorable mortgage from a now out-of-business lender, and took enormous contributions from AIG, which has given him $280,000 in political fund raising. Moreover he got the most from Fannie and Freddie's PACs and employees, a healthy $133,900 since 1989.

Rep. Barney Frank, D-Mass., got more than $40,000 in campaign donations from Fannie since 1989 -- and was once romantically involved with a male Fannie Mae executive.

When the House pushed for reform of Fannie/Freddie when Republicans were in control of Congress, Chris Dodd killed it in the Senate Banking Committee.

Al Hubbard, former head of the National Economic Council, asked, "Where was Dodd? Where was Frank? Where the recipients of Fannie/Freddie money were during the years in which Fannie Mae's fraudulent business practices were exposed?

"They were in the pockets of Fannie Mae and Freddie Mac, and busy telling us that no problem existed -- and that regulators who reported the irregularities were racists. They sold us out -- and the media has let them off the hook."

And, by the way, guess who wrote the stipulation that AGI must make those bonus payments? Right. None other than Chris Dodd

As Karl Rove has said, "All of this bad stuff on Wall Street happened because people got greedy and the greed started at Fannie Mae and Freddie Mac."