Sarah Palin Stumbles On Freddie/Fannie
Ah... now I see why the McCain campaign is keeping Sarah Palin away from the media. She doesn't have a freaking clue.
During a speech to voters in Colorado today, the Hockey Mom herself said that mortgage lenders Fannie Mae and Freddie Mac had "gotten too big and too expensive to the taxpayers." [Source]
Umm, slight problem with that statement - until this weekend's federal takeover, Fannie Mae and Freddie Mac were private companies and were not taxpayer-funded. So her statement reflects a complete misunderstanding of what Fannie Mae and Freddie Mac are, and likely of the entire mortgage crisis in which our country is currently embroiled.
So, John McCain already admitted he didn't know much about the economy, and now it's clear that his VP pick knows even less.
Why are people seriously considering voting for these hacks?