Palin's HUGE bailout gaffe

[kpete]

Palin Makes Her First Gaffe

September 8, 2008 11:50 AM



via huffingtonpost

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."

http://www.huffingtonpost.com/2008/09/08/palin-makes-her-first-gaf_n_124792.html

[NewJeffCT]

1. Why does the media hate women and hate Sarah Palin?

pointing out a gaffe like that is obviously sexist and shows the hypocrisy of the liberal media in criticizing a woman who isn't a feminazi!

:sarcasm:

[justiceischeap]

6. I agree, they totally need to give her some deference. Don't they realize she has a family to raise?

:sarcasm:

[NewJeffCT]

23. Yes, they should

and, I'm sure Vladimir Putin, Hu Jintao, the Saudis and the Ayatollahs in Iran will give her similar deference.

[JuniperLea]

24. That's a lot like... I'm not running as a POW

I'm not going to talk about being a POW, that's not what this campaign is about... wait!

I was a POW!!! Never forget, I was a POW!

McCain, the POW.

Yes, yes I am the brain surgeon!

[Arctic Dave]

2. If palin doesn't know Freddie and Fannie are

publicly traded companies, how is she going to help people, including Alaskans, with thier mortgage propblems.

http://www.adn.com/money/story/519331.html

Under her watch, forclosures are at a five year high. Especially in the valley were she is from.

How can she fix it when she doesn't even know how it works.

[alsame]

3. Amount of media coverage this will get? Zero. eom

[shaniqua6392]

9. The media loves McCain and Palin.

It is getting sickening that they are so obvious about it.

[PearliePoo2]

20. Big Ed right now

is having a field day with this!
Oh man, it is a thing to behold!
He just said she doesn't know her ASS fom third base!! :applause:

[renate]

4. not only does this display her colossal ignorance...

... it shows how automatic, and how all-purpose, the "too expensive to the taxpayers" theme is for the Republicans. I mean, there was literally NO POSSIBLE PROOF for that statement whatsoever, but she said it with a straight face. They really do think we're stupid.

[Leftist Agitator]

12. "They really do think we're stupid."

That's because THEY are stupid in the truest sense of the word.

Republicans are almost universally uneducated, incurious, only inclined to believe those facts that validate their unfounded and inaccurate worldview, and hostile to those who exhibit a more mature and nuanced intellect. For brevity's sake, THEY ARE STUPID.

They think that the American people will accept outright lies unquestiongly, because they themselves are so predisposed to doing so.

[patrice]

5. Even (honest) Conservative Economists will admit that there IS such a thing as "Too Big to Fail"

[Ichingcarpenter]

7. She didn't have her 3 X 5 cards ready to answer that question correctly

She's asking for a Do-over.

[Tesla]

8. Does the photo look like it was taken in the 60's to you?

or maybe like the early 70's?

Let's caption it!!

[slampoet]

14. "You gonna finish those chili fries?"

[MidwestTransplant]

17. Now dad, I know you don't like mushed peas but you have to eat them.

[Triana]

10. lame$tream media will ignore it, along with all others she makes no matter HOW

rediculous they are. If Obama made them, that'd be different but since it's a Repug and the Porcelain Moose - she gets a free pass.

[corkhead]

11. Nanook of the Neocons. Sounds like something stupid that Dimson would say.

[TexasLady]

13. BUT BUT Obama said he's a big ol Muslim!!

:puke:

[DeschutesRiver]

15. I ranted about Palin's comment elsewhere

and glad to see that someone is finally giving this moronic, unqualified woman's comment the "respect" it deserves.

I wondered if her handlers let her off leash for a split second, or is Stupid Sarah had been jumped out of leash on her own, to get in her favorite appeal to the stupid of "Smaller is always better! Eliminate corruption! Stop the stiffing of the taxpayer", except she just used FRE/FNN as an example of that. Which it most assuredly is not.

This woman understands NOTHING. Yeah, FRE/FNN has complexities - the misunderstanding she quoted is NOT one of them. That must be kindergarten understanding for any VP. If she doesn't get his, AS A CANDIDATE for a nation heading for economic disaster, then should she/McCain be elected, they will turn bad times into something far worse then a depression (and because we are interconnected globally on econ issues, such mistakes could affect the world financially).

Which means the economy could shut down. Not slow down, not do a slow lobster boil and give people a chance to get lucky and reboot - but actually stop for awhile. And there is nothing that must be avoided more, because you can re-start a stalled economy much faster than one that has virtually stopped. Tis a thing to be feared; and Palin doesn't even understand the players or their roles, even in the simplistic terms of what is FRE/FNN, what do they do, who pays for them, etc.

This was probably the most shocking thing I have heard yet, actually scares me to think about it.

[Arctic Dave]

16. Here is another link to the Valley

mortgage problems. She is just as out of touch as mccain is when it comes to peoples problems.

http://www.adn.com/news/alaska/matsu/story/427958.html

Oops, forgot link.

[nc4bo]

18. Whoops, not ready for primetime yet - back to the foot of your teacher or

time for an adjustment of the gopborg device.

[vanderBeth]

19. Where the hell has this women been the last couple of days? Has she even

seen the news? It's mind-boggling that that came out of her mouth. :crazy:

[ProgressiveEconomist]

21. K&R. Good catch. But what about McCAIN's hypocrisy on bailouts? Phil Gramm, likely Treasury

Secretary if McCain lies his way into the WH, is most responsible for creating this mess with legislation he sponsored in 1999 and 2000. And McCain's Keating 5 scandal during the last cycle of "banking deregulation" two dacades ago should now be on the table again.

IMO too much media and Democratic focus on the RVP candidate will LOSE us the election.
It's JOHN McCAIN whose scandals, gaffes, and lies must be publicized and contrasted with the REAL CHANGE Obama/Biden will bring to Washington.

See http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=132x6982145 .

[Max_powers94]

22. Hockey Mom doesn't know what the PUCK she's talking about!

[CitizenPatriot]

25. outrageous insult

"How politically significant a "gaffe" it is remains to be seen. The major concern about Palin's position on the ticket is that she lacks the economic and foreign policy wherewithal to serve as vice president. This certainly doesn't help on that front. At the same time, the remark went almost entirely unnoticed over the weekend and discussions on the developments of the housing market can be difficult to process for even the most attuned voter."

I am going to send this to every media outlet I can think of and ask them why, when the economy is number one issue, no one is covering this. this is ABSOLUTELY OUTRAGEOUS

I know more about this than she does...

if they steal their way in and he dies, we are screwn.

[unblock]

26. holy crap that's some pretty staggering stupidity all in one sentence.

not only have these companies been in the news for a while, but these are hardly obscure entities. you can't know much about housing OR wall street without knowing the basics.

moreover, the "too big too expensive" sound bite is the usual mindless argument for privatization, which is basically the OPPOSITE of what the government is doing here. so not only does she not know the entities involved, she doesn't know the action being taken.

the action she THOUGHT was being taken (privatization) is an action taken, in theory at best, to save the government money. there's NO WAY that privatization could possibly be thought of as a cure for the current housing/financial market woes.


so much stupidity....