Palin Doesn’t Know What The Fuzz She’s Talking About
When she’s not deliberately misspeaking (also known as “lying”), Sarah Palin is accidentally misspeaking (also known as “not knowing what the heck you’re talking about”).
While trying to sound as though she has even a modicum of national experience, Palin complained in a recent speech that mortgage lenders Fannie Mae and Freddie Mac have become “too expensive to the taxpayers.” In fact, the two government-sponsored enterprises do not use taxpayer money–at least they didn’t until this weekend’s bailout, which Palin was advocating at the time of her misstatement, and which could end up costing taxpayers a bundle.
The housing market crisis has been THE economic issue for what, like two years now? And Palin doesn’t know the most basic facts about how Fannie and Freddie work? What was it Giuliani once said about the White House not being the place for on-the-job training?
September 8th, 2008 at 3:46 pm
To be fair, I really didn’t know who Fannie and Freddie worked exactly, until I watched CNN for 5 minutes. Guess she had better things to worry about. Like building a bridge to nowhere.
September 9th, 2008 at 8:13 am
In response to Belac_K.
It’s ok that YOU didn’t know how Fannie/Freddie worked. You’re not selling yourself as experienced enough to be VP of the United States.
For a VP Candidate to believe that F/F is a federally funded institution is an embarrassment.
September 9th, 2008 at 10:25 am
I think he was being sarcastic