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good evening. it has happened again. the website wikileaks has gone public with u.s. state secrets, thousands of them. a massive coordinated leak of documents, seemingly designed to hurt the united states, its power, pstige and influence around the world. as a leading german newspaper put it today, never before in history has a superpower lost control of such vast amounts o such sensitive information. while diplomats will find all the blunt language familiar, it s meant to be secret. and w that it s out, it will no doubt hurt the ability of the u.s. to do business around the world. and there s more on the way. we begin our coverage tonight with our chief foreign affairs correspondent, andrea mitchell on our washington newsroom. andrea, od evening. reporter: good evening, brian. today, the u.s. tried to project that foreign policy would not be seriously harmed by the flood of leaked cables, even as officials worked overtimto limit the damage. the damage control starte ....
it is important and we should improve resolutions for failing companies to limit damage to the economy. we should not create a system in which there can be ongoing involvement of the federal government without reasonable limitation to protect against this unending federal bailout of these large and institutions. the largest bailout in america, fannie mae and freddie mac so far, fannie mae and freddie mac for the largest of the bailouts we have dealt with. if you look at the takeover of the student loan system and the auto industry, the $145 billion that the taxpayers are already on the hook for with regard to fannie and freddie, which is expected by experts to go up to over $353 billion before it is done, it is absolutely absent from this legislation. on the senate floor, i have offered an amendment which simply requires that fannie mae and freddie mac be included as part of the federal budget as far as either institution is part of a conservative shirt is a conservat ....