Tuesday, September 09, 2008


Freddie Mac and Fannie May were getting too big and expensive to the taxpayers?
"Gov. Sarah Palin made her first potentially major gaffe during her time on the national scene while discussing the developments of the perilous housing market this past weekend.

Speaking before voters in Colorado Springs, the Republican vice presidential nominee claimed that lending giants Fannie Mae and Freddie Mac had "gotten too big and too expensive to the taxpayers." The companies, as McClatchy reported, "aren't taxpayer funded but operate as private companies. The takeover may result in a taxpayer bailout during reorganization.""

One would think a VP candidate would know something so central to the economy. Oh never mind that, pitbull with lipstick, new face of feminism, yadda yadda, blah blah.

Anyone else getting a "Chauncey Gardner" vibe?