Palin’s first gaffe: Claims Fannie Mae, Freddie Mac are taxpayer-funded.
By on Sep 8th, 2008 at 1:01 pm
Palin’s first gaffe: Claims Fannie Mae, Freddie Mac are taxpayer-funded.
Speaking in Colorado this weekend, Gov. Sarah Palin tried to explain the recent federal bailout by claiming that lenders Fannie Mae and Freddie Mac had “gotten too big and too expensive to the taxpayers.” The companies, however, “aren’t taxpayer funded but operate as private companies. The takeover may result in a taxpayer bailout during reorganization,” McClatchy noted. Palin’s satement “is somewhat nonsensical because up until yesterday there was sort of no public funding there,” said Andrew Jakobovics of the Center for American Progress Action Fund. “The ‘too expensive to tax payers,’ I don’t know where that comes from.”
Sort Comments By: Top Rated | Date
113 Responses to “Palin’s first gaffe: Claims Fannie Mae, Freddie Mac are taxpayer-funded.”
View Most Popular
Advertisement
What We're About
What We're Fighting For
What We're Fighting Against
Featured
Subscribe to the Progress Report
Topic CloudView topics sorted by popularity
Boehner
Bush
Bush Legacy
Cheney
Civil Rights
Congress
Corporate Ethics
DADT
Economy
Energy
Environment
Ethics
Fox News
Gingrich
Global Warming
Guantanamo
Hannity
Health Care
International Relations
Iran
Iraq
Justice
LGBT
Limbaugh
Liz Cheney
McCain
Media
Military
O'Reilly
Obama
Palin
Pelosi
Race
Radical Right
Religion
Rove
Sanford
Sotomayor
Steele
Supreme Court
Terrorism
ThinkProgress
Tiller
Torture
Women's Rights
Visit Our Affiliated Sites
Reports
In-depth studies on select topics
Got a hot tip?
Have a hot news tip? We'd love to hear from you. Use the form below to send us the latest.
ArchivesBlog Roll
Yeah, well, a moose ate her homework.
*eyeroll*
September 8th, 2008 at 1:03 pmUh... this is EXACTLY why the GOOPers are trying to shield her from the media... they're all too aware that if she just starts talking openly, she'll make a total fool of herself in no time flat.
September 8th, 2008 at 1:03 pmMcSame - Pain
Four more Years
Anyone able to make that bumper sticker with a pic of McSame hugging W? I would like about 500 of them.
September 8th, 2008 at 1:06 pmReady to lead? Can't imagina Obama or Biden making this mistake...
September 8th, 2008 at 1:08 pm.
They are NOW!!!
.
September 8th, 2008 at 1:09 pmBack to quarantine with Sarah. The media shall should stop covering McCain until Palin answers questions.
September 8th, 2008 at 1:10 pm"Maybe we'll grant some interviews in late October if we can see the questions first and sit in on the editing." - what Rick Davis will say
Well, there goes the key item in Palin's VP agenda - selling Fannie Mae and Freddie Mac on eBay.
September 8th, 2008 at 1:11 pmFred-
September 8th, 2008 at 1:11 pmIt will be portrayed as a "misstatement" and chuckled about.
Cal Malenky Says:
Who would that be Cal? They are working for the same thing....to get mccain elected. They will cooperate with mccain completely...watch.
September 8th, 2008 at 1:11 pmThat statement came from ignorance.
September 8th, 2008 at 1:12 pmCome on, she's from Alaska: she naturally assumes that everything she sees is funded by the federal taxpayers. (feel free to use this joke elsewhere)
September 8th, 2008 at 1:12 pmHow can she be considered credible ?It's because those who see her as good for the Presidency most likely has no idea what she is saying:The ignorant leading the ignorant.
September 8th, 2008 at 1:12 pmWell mccain needs liberbman whispering corrects in his ear so are we surprised he picks someone needing the same help. repubs have such a problem admitting mistakes, if mccain had picked a chimp we would hear "what a quick study they are, so don't worry." Yeah right, we had the lazy idiot scene for 8 years we don't need 4 more years.
September 8th, 2008 at 1:12 pmSo in other words, if McSame wins, we'll have TWO economic experts in the White House?
September 8th, 2008 at 1:13 pmcal - my thought as well, just a misstatement. Wonder if mccain picked palin to take the spotlight off of him ?
September 8th, 2008 at 1:15 pmAnd yet we will hear every negative thing that every negative person in the democrats past have ever said, daily....the media belongs to them. After Olbermans ouster, I am starting to be afraid for the first time.
September surprise is gonna change everything.....when the military starts bombing Iran, they will change the forumula agian and I am afraid.
September 8th, 2008 at 1:15 pmIt won't matter what gaffes these people make - she and MCain are more Teflon than Reagan - It's all reality TV to the voters apparently - Like the Donal Trump show - how well are you liked? What can you get away with while screwing the customer?
Why was every utterance Gore made parsed for falsehood and the Republicans are never called on it. Their entire campaign is based on lying. does the media have something against peace and prosperity - I'm begining to think so.
September 8th, 2008 at 1:16 pmAn interview from England this a.m. had a banner across palin's chest saying "mistake". England thinks mccain and palin both incredible mistakes. So, if those two get in, can America be more of a joke internationally ?
September 8th, 2008 at 1:18 pmThink who owns the media ? Talking points come from heads of organizations who will definitely worry about more taxes and more regulations on the media. Trent Lott pulled a late night session to remove regulations on the media, murdock loves that so he can buy and control all the news.
September 8th, 2008 at 1:20 pmLieberman wasn't there to whisper in her cute little shell like ear that she doesn't have a clue. Must have something to do with being a maverick I just didn't realize maverick meant dumb*ss
September 8th, 2008 at 1:21 pmThis shows how little you people know. Fannie Mae and Freddie Mac were both created by the goverment as instruments to guarantee mortgages. It was only in 1968 that these two entities were made "private". Now that the tax-payers are bailing them out they have become too expensive. Now whose idea was this? It was FDR a democrat!
September 8th, 2008 at 1:24 pmHey Gov. Palin said it. That makes it a fact. Didn't you read the last memo?
September 8th, 2008 at 1:25 pmShe lied it, so the press must repeat it, and "low-information voters" must accept it as gospel.
America: Too stupid to be redeemed??
September 8th, 2008 at 1:27 pmRightOfAttila Says:
It was only in 1968 that these two entities were made “private”.
####
So it has been private (no taxpayer funding) since 1968. Exactly. So, the government bailout (under Bush) is what is costing taxpayers.
Note to you: It is after 1968 now.
September 8th, 2008 at 1:28 pmRightOfAttila Says:
This shows how little you people know. Fannie Mae and Freddie Mac were both created by the goverment as instruments to guarantee mortgages. It was only in 1968 that these two entities were made “private”. Now that the tax-payers are bailing them out they have become too expensive. Now whose idea was this? It was FDR a democrat!
Allow me: WTF!?
September 8th, 2008 at 1:29 pmtexaslady. have you got a link for the 'mistake' banner?
September 8th, 2008 at 1:30 pmEven if that is true it just shows that they worked just fine when they were not private but have failed us repeatedly since being privitized under nixon.....what else ya got?
September 8th, 2008 at 1:30 pmCsullivan302 Says:
--------------------------------------------------------------------------------
Why was every utterance Gore made parsed for falsehood...
Margaret Carlson explains it in her book:
CARLSON (page 105): Gore wanted the snacks to be environmentally and nutritionally correct, but somehow granola bars ended up giving way to Fruit Roll-Ups and the sandwiches came wrapped and looked long past their sell-by date. On a lucky day, someone would remember to buy supermarket doughnuts. By contrast, a typical day of food on Air Bush…consisted of five meals with access to a sixth, if you count grazing at a cocktail bar. Breakfast one was French toast, scrambled eggs, bacon…
http://www.dailyhowler.com/dh061403.shtml
September 8th, 2008 at 1:30 pmhere's the nightmare scenario:
McCain/Palin gets elected.
September 8th, 2008 at 1:32 pmMcCain has to step down for health reasons.
President Palin reaches 'across the aisle' for a 'democrat' to be VP... Joe Lieberman.
Palin/Lieberman
The fact that the media is soft-pedaling this obscene train-wreck of a candidate points to the indisputable fact that they will try to slip her under the radar by trying to cast her as "brave" and stylish.
Read Greenwald about Olbermann getting yanked from campaign coverage. He nails the media companies and reminds people that the media companies are in this for themselves. Solely. There will be no excoriating of Palin, despite her complete unsuitability to the job and her breathtaking inability to tell the truth. The meme will be dissembled and criticism deflected with the help of the likes of compliant stooges like Brian Williams, David Gregory and Tom Brokaw.
Don't expect the MSM/Pravda to do their jobs. Look to the independents.
September 8th, 2008 at 1:32 pmOf course she knows nothing of those things - I'd bet she couldn't find Missouri on a map, or tell you the number of Representatives in the House, either.
September 8th, 2008 at 1:32 pmraynman - now why'd you gotta go give me nightmares like that?
Not sure if I'll make it to November...
September 8th, 2008 at 1:35 pmraynman Says:
--------------------------------------------------------------------------------
Palin/Lieberman
Nope. Lieberman is pro-choice. I think she would pick Ralph Reed for VP.
September 8th, 2008 at 1:36 pmAttila: Fannie Mae was founded in 1938, and privatized in 1968. It is now 2008. So how many years was it government-run, and how many years has it been a private enterprise?
September 8th, 2008 at 1:37 pmAlso not sure if this "gaffe" will even make it onto the typical American's radar. I'll bet most people in this country don't know anything at all about Mae/Mac. And then, assuming that anyone will actually confront Palin about it, if she gets criticized about it a lot of people will unconsciously feel criticized too and get defensive. 'Hey, how should I know? I don't work on Wall Street (like those elitist East Coasters)!'
September 8th, 2008 at 1:39 pmOT, but has anyone seen the list of books that Palin wanted banned? Someone emailed a list to me but I don't know that it has checked out (so to speak).
September 8th, 2008 at 1:40 pmThis is just another reason why Palin must be made to come before reporters and reveal herself in a candid way.
The Palin Watch is recording how long she stonewalls the press.
September 8th, 2008 at 1:43 pmFlashback to almost exactly 4 years ago:
'A new Pew Research Center Poll asked swing voters who comes off more as a "real person," Bush or Kerry? Bush won, 56% to 38%.'
September 8th, 2008 at 1:45 pmIt doesn't matter if she was technically wrong. Most of the speech she keeps giving day after day is technically inaccurate. And the MSM doesn't call her on it. When McCain spokesmen are on the news they change the goal post and answer a different question than what was asked. It is the stupidity of the American people that have created this mess and we are suffering the consequences for their stupidity.
September 8th, 2008 at 1:47 pmIf Palin were elevated to the Presidency she would be just another sock puppet cut from the same cloth as Dubya.
September 8th, 2008 at 1:48 pmNo wonder they want to keep her away from the media. Yikes! Neither McCain or Palin will be ready on day one.
September 8th, 2008 at 1:49 pmMcCain better watch his back when she's around.
September 8th, 2008 at 1:50 pmO/T, but worth mentioning, she's a Domionist/Third Wave Movement worshiper. They believe that the End of Days is coming and it's their god-given duty to take over the government. Absolutely No seperation of church and start. We'll all worship god and obey his laws. Be afraid folks. Be Very afraid.
September 8th, 2008 at 1:52 pmImpeach Pelosi, Cheney and Bush and Save the Constitution!
I'm amazed that they found someone with the level of incompetence on par with bush and running on her being able to clean up his mess.
September 8th, 2008 at 1:53 pmPalin is Bush in lipstick, not a Pitbull.
Tina Fey, we need you to do an SNL skit on her...please!
September 8th, 2008 at 1:54 pmCats r Flyfishn Says:
--------------------------------------------------------------------------------
McCain better watch his back when she’s around.
Does she know how to field dress a McMoose?
September 8th, 2008 at 2:00 pmWow, she is sooo qualified for the VP office, she is just as informed about things as Bush.....
LOL....just what we need, another talking head spewing RNC lies.
September 8th, 2008 at 2:01 pmYou all are forgetting that McCain is just as dumb as Bush. Palin is just as dumb as McCain. Their ticket is a lose/lose proposition. But supposedly they're not "elitist" or "uppity" and that's what matters to the idiots on the right. They're afraid of smart people.
September 8th, 2008 at 2:02 pmRightOfAttila Says
September 8th, 2008 at 1:24 pm
This shows how little you people know. Fannie Mae and Freddie Mac were both created by the goverment as instruments to guarantee mortgages. It was only in 1968 that these two entities were made “private”. Now that the tax-payers are bailing them out they have become too expensive. Now whose idea was this? It was FDR a democrat!
__________________________________________________
So what's your point? That it wasn't a gaffe because the last briefing Palin received on this subject was back in 1968? Quite a trick, when you figure Palin was only four years old at the time.
You can distract with shiny objects all you want (FDR was indeed a democrat -- nobody will argue with you on that), but that doesn't change the fact that Palin doesn't know a Fannie Mae from a fanny pack, and she's not qualified for the job she's been nominated for.
September 8th, 2008 at 2:03 pmbob hussein lablah Says
September 8th, 2008 at 1:40 pm
OT, but has anyone seen the list of books that Palin wanted banned? Someone emailed a list to me but I don’t know that it has checked out (so to speak).
___________________________________________________
If the list is this one (http://www.snopes.com/politics/palin/bannedbooks.asp ), it's made up. As far as I know, no real list has surfaced.
September 8th, 2008 at 2:07 pmTo bad the MSM will not cover this gaffe,so we have to let people of this country know,Sarah Palin is not capable of being second in command or mayor of Wasilla,Alaska.She brings theocracy to the W.H. and that isn`t good.
September 8th, 2008 at 2:16 pmPretty soon she'll be answering questions with nod or shake of her head. Her handlers will have superglued her mouth shut.
September 8th, 2008 at 2:16 pmtexaslady Says
September 8th, 2008 at 1:15 pm
cal - my thought as well, just a misstatement. Wonder if mccain picked palin to take the spotlight off of him ?
_____________________________________________________________
It's amazing how "misstatements" and "misspeaking" have now become synonymous with either deliberate lies or I-have-no-clue-so-I'm-just-making-sh!t-up ignorance.
I always thought that "misspeaking" was sort of more of the brain-fart, oops-I-didn't-mean-that kind of thing (like Obama claiming to have visited 57 states when he meant to say 47 -- he knew he had visited 47, but it just came out wrong).
Now "misstatements" include making stuff up to fit an agenda(the Iranian Shia are training Al Qaeda Sunni terrorists), deliberate lies (Obama is going to raise everybody's taxes), and ignorance on fire, such as Palin is demonstrating.
I guess it's just a cuter term than "outright lying".
September 8th, 2008 at 2:16 pmPalin ~ the low information candidate.
September 8th, 2008 at 2:18 pmFive schools in six years to get a MS in broadcasting?
Thanks, MHM. That's the one. I'd like to have somebody interview that librarian and get us a real list of what the pentacostal sweetheart wanted banned.
See you all at the Rapture!
September 8th, 2008 at 2:18 pmRE : #26 - Backup - This was on CNN this a.m.
Strange how government institutions run well UNTIL being privatized...like Walter Reed for instance ? Unless underfunded or "borrowed" from like the Social Security some departments run very well, checks come out on time every month.
September 8th, 2008 at 2:19 pmI totally agree palin is taking the spotlight off mccain, but God help us if these two do win the election, between mccain's temper and palin's stupidity.
This issue is probably too arcane for the public. Both Palin and McCain need to be hammered on their fibbing and hypocrisy, McCain especially should be hoisted on the petard of his own words the way Jon Stewart did so ably in McCain Reformed Maverick available on Youtube. Obama needs to put out a series of ads highlighting McCain's duplicity in his own words.
September 8th, 2008 at 2:22 pmNot another ditsy celebrity...
September 8th, 2008 at 2:24 pm"Palin’s first gaffe: Claims Fannie Mae, Freddie Mac are taxpayer-funded."
lol Did Palin get the memo or does she need more schooling from Professor Lieberman since she is getting a crash course on Neocon 101 on foreign policy?
Earth to Palin: Freddie Mae and Fannie Mae are a share-holding corporation. China is one of the largest shareholders for Frannie Mae and Freddie Mac. Can't wait for the Biden-Palin debate.
September 8th, 2008 at 2:24 pmSeptember Surprise
Get ready for it…
Iran and Georgia are tied together....
September 8th, 2008 at 2:25 pmConservatives only hear Obama will raise taxes when you show them it is a 2% increase sometimes they stop hyperventilating. It is a joke that the wealthy do not consider the tax write offs they do as government "welfare" but if someone needs healthcare or food banks, conservatives are being sucked dry for the lazy.
September 8th, 2008 at 2:25 pmLets see how many "biased" newcasters will be shut up between now and November 4th. Yes, they have mortgages and families but where will the honest information come from ?
September 8th, 2008 at 2:27 pmI agree bebop. We're better off highlighting stories like this:
'The Palin administration won't release hundreds of emails from her office, claiming they cover confidential policy matters. Then why do the subject lines refer to a political foe, a journalist, and non-policy topics?'
link
One of the comments under the article (from Mother Jones):
"Please keep up the good work. This kind of information HAS to get out there to the low-information voters! And that is going to be a real job considering most of them are brainwashed with sound-byte politics these days."
Liz, you are so right...
September 8th, 2008 at 2:27 pmFrom someone who has been at Wassilla, (a friend) it is a very small town. So, how hard are these executive decisions palin had to make ? And as Governor, the National Guard was hurting for equiptment and recruitment,as of March 08 so what is all this about doing well for them ? So sure of their pick but no questions allowed ?
September 8th, 2008 at 2:31 pmYou forgot to mention Palin's temper and McSpin's stupidity, texaslady. They both have long records of attacking anyone who doesn't accept their crap as Gospel.
One must have a sort of admiration for the GOP in finding two candidates who just might be MORE stupid, aggressive, reckless, and radical than Chimp-n-Dick. They seem fully capable of following the tradition of Believing their own contrived intelligence. And if Palin ever gains any real power she might give the Dick a run in the "pure evil" category.
September 8th, 2008 at 2:32 pmmary Says:
"Flashback to almost exactly 4 years ago:
‘A new Pew Research Center Poll asked swing voters who comes off more as a “real person,” Bush or Kerry? Bush won, 56% to 38%.’"
So, in this case "real person" is synonymous with white trash.
September 8th, 2008 at 2:37 pmPoints of Order:
1. In light of the fact that Ms. Palin's speech did not contain a single true statement about her opponents policies, I contend that this is far from her FIRST gaffe. That bridge was crossed the first time she spoke on the record back in Alaska.
2. I propose that from here on we call GOP lies, "lies". Don't belittle the crime.
September 8th, 2008 at 2:37 pmtexaslady. Thanks, but I was interested in the info that England thinks Palin is a mistake. It's interesting, but how credible?
September 8th, 2008 at 2:38 pm"I don’t know where that comes from.”
It's comin' from the same place that "She has foreign policy experience because Russia is right nearby Alaska" comes from.
September 8th, 2008 at 2:41 pmSpeaking in Colorado this weekend, Gov. Sarah Palin questioned the recent federal bailout of Fannie Mae, when she asked, "Why is the government bailing out a candy company?
September 8th, 2008 at 2:42 pmWhen asked if Palin believed in traditional marriage, that is marriage between a man and a woman, Palin responded that yes, she does believe in traditional marriage as defined by our "Constitution and our founding fathers". Apparently, this was on some survey she took. I heard about it a couple of days ago on Hardball or Countdown (sorry, I don't remember which one).
I think this is a bigger gaffe considering that our Constitution in no way defines marriage and I seriously doubt that our founding fathers sat around and deliberated what would constitute a traditional marriage.
Has she even read the Constitution of the United States of America?
September 8th, 2008 at 2:42 pmThe GOP and the RNC needs to send people around with Palin, posting signs near her linguistic, political and rhetorical potholes saying, "CAUTION: GENIUS AT WORK!"
September 8th, 2008 at 2:44 pmsatirev, it's certainly obvious that her ignorance knows no bounds in my opinion.
September 8th, 2008 at 2:48 pmWhy do you continually question our credibility? You were not able to come up with but one questionable item to cast doubt on the left while the right lies, lies, lies and people like you want to distract us from it........Do your own homework, you have the internets.
September 8th, 2008 at 2:50 pmFor Dummies will have to dumb it down extra hard for the McCain campaign this season. Sarah Palin will be carrying home more books than Sasha and Malia Obama at their heaviest course loads. At least Sasha and Malia actually do their homework.
September 8th, 2008 at 2:57 pmProof positive that there should be no mention of family, family values, juggling children and work, having children, or children having children.
Those topics she's got canned come-backs for.
Make her stick to current events, throw in a little history -- and discuss specific issues.
She'll implode.
September 8th, 2008 at 2:58 pmsatirev brings up a good point: Where do we start the gaffe count for Palin?
Post-convention?
September 8th, 2008 at 3:04 pmUpon becoming governor?
Upon joining the AIP?
When she missed the chance to properly educate her daughters about contraception, abstinence and the facts of life?
First gaffe? What about the Pledge of Allegiance and the Founding Fathers?
September 8th, 2008 at 3:10 pmSarah Palin is living proof of the notion that stupidity begins at conception.
September 8th, 2008 at 3:13 pmSarah Palin is living proof of the notion that stupidity begins at conception.
I'm not so certain shoeless. I think we should give her credit for the effort she has expended becoming and remaining as stupid as she can be.
September 8th, 2008 at 3:28 pmBackup - go to BBC news and try to find the video...or maybe CNN will show the interview. I don't think palin lied I think she is uninformed and we have lived with that story for 8 years.
September 8th, 2008 at 3:31 pmThe concept of mccain/palin going into the office and he has to quit, moving her up has been raised over and over. mccain gets his title but the conservatives get him out of the way. mccain's temper and her ignorance are a frightening idea.
RightofAttilla - FDR was before my time, however FDR brought the country OUT of a depression caused in part by Hoover a republican. Sound familiar. FDR created projects that created jobs for unemployed Americans, projects that helped build dams, roads, bridges and parks for generations to enjoy. So check your facts please before spouting off your mouth.
September 8th, 2008 at 3:37 pmYou think she believes there are 57 states like obama does?
September 8th, 2008 at 4:09 pmWhat I find interesting in this bailout is all the Democrats are having a serious problem seeing the forest because of all the trees.
Note what's been happening in 2008:
1) BearStearns bailout. The central bank has agreed to lend JPMorgan $29 billion.
2) IndyMac. FDIC said the cost will be even worse than its previous worst-case-scenario estimate: $8.9 billion.
3) FannieMae/FreddieMac. The Bush administration's seizure of troubled mortgage giants Fannie Mae and Freddie Mac is potentially a $200 billion bet that it will help reverse a prolonged housing and credit crisis.
Now the financial side of the market has fought tooth and nail against regulation. With the demise of the Glass-Segal Act in 1999(thanks Phil Gramm) the financial market had free rein to do as they pleased. It's now 2008, 9 years after the GSA expired and we have one hell of a mess thanks to the repugs.
Now, look at those trees that keeps you from seeing the forest. Notice something is changing? It's an infestation. For some strange reason you can't see what it is, but other countries do and they have a name for it. Socialism.
Our free market is having to turn to socialism, via government intervention, in order to keep its head above the flood of bad debt they created. Our government is having to take over the management of these firms. Sounds so Communist Soviet Union to me.
My point is, the repugs have fight against socialized medicine for all Americans, but they have no problem coughing up the cash to keep financial institutions from going under.
So the public is expected to work thru their health issues on their own and not expect a handout from the government, while large financial institutions are able to go to the federal feeding trough when they have sudden catastrophic conditions arise thru their own fault and neglect.
I think I need a big chainsaw.
September 8th, 2008 at 4:11 pmWasn't Obama referring to the number of primary local. I think he was still off slightly but wasn't that the deal. Guam, Puerto Rico, DC, etc...
September 8th, 2008 at 4:37 pmThis was no "gaffe" this was stupidity.
September 8th, 2008 at 4:43 pmBeethoven Rules Says:
--------------------------------------------------------------------------------
You think she believes there are 57 states like obama does?
Do you think Palin believes Alaska should be a state, like Obama does?
Which is more important, that Obama said 57, or the fact that Sarah Palin and her husband are seccessionists?
Why do Sarah Palin and her husband hate America?
September 8th, 2008 at 4:55 pmHmmm. Do you think we could pin the label "anarcho-theocrat" on Ms. Palin?
September 8th, 2008 at 5:02 pmLets not forget the bailout of The Carlyle Group which seems to be a well kept secret but was at the government trough early this spring. So are we talking about commercial mortgages going belly up as well ? Because I don't think Carlyle are into mom and pop homes. Interesting how the very wealthy line up first at the handouts but decry the individuals losing their homes as losers.
September 8th, 2008 at 5:07 pmSarah can lie all she wants, as long as it supports the story line.
She can blame Fannie Mae and Freddie Mac's problems on Bill Clinton, claim the Founding Fathers spoke to God like George W., even say she stood in front of the bulldozer, the one ready to move earth for that bridge to nowhere."
McCain's Palin is a fictional story line to begin with, embellishing is part of her job.
September 8th, 2008 at 5:10 pmWhich Carlyle bailout? Any details, Texas lady. They have hundreds of affiliates, many with big government contracts. I'm interested in knowing more.
September 8th, 2008 at 5:12 pmAs for the failure of Carlyle Capital, the fed takeover could have some impact, depending on where they are in the wind down:
http://www.carlylecapitalcorp.com/News/Press%20Releases/2007/item10316.html
The fund invested in residential mortgage backed securities.
September 8th, 2008 at 5:20 pmstateofthedivision,
Speaking of Carlyle, what did you make of this?
‘David Moffett, who served as vice chairman and chief financial officer of U.S. Bancorp until early 2007 and then joined the Carlyle Group private-equity firm as a senior advisor, will take over Freddie Mac.’
September 8th, 2008 at 6:08 pmGreat find Mary! I just read it on the NY Times website:
http://www.nytimes.com/2008/09/08/business/08fannie.html?_r=1&hp&oref=slogin
I think it's a big deal. Why? Two reasons. One, Carlyle wants the Fed/Treasury to loosen regulations for investing in banks. There could be a tit-for-tat. We'll give you David Moffett for that banking regulation change. It fits with Carlyle's & BushCo's modus operandi.
Second, Carlyle Capital Corporation is in the process of being rolled up. Freddie Mac could buy their bonds back first or at a more preferred rate. It's something for an internal auditor or external accounting firm to watch for.
But John McCain wants to reduce regulations and accounting standards!
September 8th, 2008 at 6:14 pmRightOfAttila Says:
This shows how little you people know. Fannie Mae and Freddie Mac were both created by the goverment as instruments to guarantee mortgages. It was only in 1968 that these two entities were made “private”. Now that the tax-payers are bailing them out they have become too expensive. Now whose idea was this? It was FDR a democrat!
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
No this shows how STUPID you are. Pretty much as stupid as most rightwingers rivalling a ball of lint in the IQ dept. Yeah we KNOW that they were created during the depression to help people buy homes. No one here said anything else. However they started to make money so OF COURSE they were sold to private interests. That was over 40 YEARS AGO. I assume Palin hasnt been in a coma or in a cave in Sri Lanka for the last forty years exactly what does 1938 have to do with 2008? You do know you are a complete moron dont you?
September 8th, 2008 at 6:42 pmBeethoven Rules Says:
You think she believes there are 57 states like obama does?
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>.
He believes no such thing you hivemind moron. He made an obvious slip of the tongue. Do you think McCain never stops thinking of ways to hurt America like Bush said about himself? Go pour yourself a nice steaming cup of STFU
September 8th, 2008 at 6:48 pmTahut Says:
What I find interesting in this bailout is all the Democrats are having a serious problem seeing the forest because of all the trees.
<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<
The truth is this country has ALWAYS had socialism for the rich. If you are a mom and pop business you better watch that bottom line but if you are a big corporation there never WAS any risk for you. The taxpayer has ALWAYS been there to bail them out.
September 8th, 2008 at 6:50 pmObama was tired when he made the 57 states comment.
But, many (not all) of the gaffes that Democrats highlight of Republicans are also slips of the tongues that they type to exploit. It happens on both sides.
September 8th, 2008 at 6:53 pmC'mon b-kup. You can't compare uttering the wrong number with repeated, deliberate, lies. Or, if they aren't lies, demonstrations of a profound ignorance of the issues at hand.
This woman throws out "our Christian Founders" like it's truth while pushing for the elimination of science from classrooms. She is blatantly unqualified on the grounds of talent and temperament. As is her running mate, for choosing her if nothing else.
September 8th, 2008 at 7:21 pmbackup Says:
--------------------------------------------------------------------------------
Obama was tired when he made the 57 states comment.
But, many (not all) of the gaffes that Democrats highlight of Republicans are also slips of the tongues that they type to exploit. It happens on both sides.
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
No it isnt fair to say Democrats do the same thing. For instance when Bush said that our enemies never stop thinking of ways to hurt America and neither will we. Dems didnt keep harping on what obviously was a slip of the tongue and pretending that Bush meant what he said. Also Palin is LYING about the bridge not a slip of the tongue that she made twenty times or more. This Fannie Mae thing also NOT a slip of the tongue it was the point she was making and THAT cant be a slip of the tongue
September 8th, 2008 at 8:20 pmIs it not odd, EugeneDebs, how they can say, "Republicans say what they mean and mean what they say and stick with it no matter what" then, when one of them says something that's flat-out wrong and dishonest, it becomes an "innocent mistake"?
September 8th, 2008 at 8:46 pmWhat bloody rot!
I have to agree with EugeneDebs who says:
The truth is this country has ALWAYS had socialism for the rich. If you are a mom and pop business you better watch that bottom line but if you are a big corporation there never WAS any risk for you. The taxpayer has ALWAYS been there to bail them out.
The problem is, we're not supposed to notice that the middle class taxpayer is always bailing out the rich. We're always told "Pay no attention to that man behind the curtain." Those of us who see through the smoke and mirrors are made out to be malcontents, crazy, or both (and sometimes anti-American, too).
Fannie and Freddie aren't supposed to be taxpayer supported, but they are. There has always been that government guarantee there. And the administrators of the two purposely took on loans from people whom they KNEW were mortgaging property for more than it would be worth once the real estate market settled down and the administrators KNEW those people would eventually not be able to afford the payments-- many were VERY bad risks to start with-- and they made the loans anyway. Why? Two reasons. First, those administrators were earning highly paid bonuses based on how much business they did. Second, they figured there was little chance that the taxpayers wouldn't be forced to bail out Fannie and Freddie.
Hey, people, if you think that middle class taxpayers haven't been involved in paying toward those loans even before big bailout time, you haven't been looking behind the curtain.
Do you realize that one of those bigwigs who lost his job and was under indictment cut a deal that supposedly cost him $25 million, but $16 million was in stock options wherein he had the option to buy stock at $70/share that's now selling for $9/share? The rest of the $25 million was in things like insurance, retirement, etc. What did he really lose? Nothing! And all of the top cats at Fannie and Freddie have taken millions in bonuses that they're never going to have to pay back, even though they committed malfeasance in their jobs. Who's going to pay the real $1.6 trillion this fiasco is going to cost-- not the billions we've been told it will cost? Those of us making between $60,000 and $175,000 in income annually. Not the rich, the middle class-- again.
In this Gov. Palin didn't state the whole magilla, but if that's not a tax...
September 8th, 2008 at 9:06 pmToo bad mcchimpy showed once again that he's behind the times, fargo is old news. It may seem hip to you, but we tired of it after the movie. Don't you know.
palin is a hillbilly Alaskan.
Don't you know.
September 8th, 2008 at 10:23 pm...and wait! There is more!!!!!
This is from DEMOCRACYNOW:
Palin: Iraq War is a “Task” from God
In campaign news, a video has emerged of Republican vice-presidential nominee Sarah Palin telling ministry students at her former church that the US invasion of Iraq is a task from God.
Sarah Palin: “Pray for our military men and women who are striving to do what is right. Also, for this country, that our leaders, our national leaders, are sending them out on a task that is from God. That’s what we have to make sure that we’re praying for, that there is a plan and that that plan is God’s plan. So bless them with your prayers, your prayers of protection over our soldiers.”
During the same address, Palin said the construction of a new oil pipeline in Alaska is God’s will.
Sarah Palin: “I can do my part in doing things like working really, really hard to get a natural gas pipeline, about a $30 billion project that’s going to create a lot of jobs for Alaskans, and we’ll have a lot of energy flowing through here. And pray about that also. I think God’s will has to be done in unifying people and companies to get that gas line built, so pray for that.”
The video of her speech was originally posted on the Wasilla Assembly of God’s website
September 9th, 2008 at 1:26 amI've heard of lightweights before but isn't Sarah Paiin pushing the envelope?
September 9th, 2008 at 2:06 amThis is another example that the "old world jounalism of Murrow, Cronkite and Rather is dead and buried. In the case of the Time Magazine reporter Ms Tumulty, she seems to think the finding out the who, what, where, when and how have been replaced with a steno pad, which she records what ABC said in rebuttle to the complaint of Congressman Kucinich. There is a great disconnect with what happened and the points made by ABC. She asks little of no questions to ABC. She takes what is handed to her and repeats it vebatim and then calls that reporting. I call is stenography. Lida Sohbet sohbet sesli chat Gelinlik Modelleri
January 11th, 2009 at 11:51 amIf you’re referring to Karl Schwarz’ articles, if they are true, how will we ever know unless the news media gets involved without bias? The military under orders not to speak out may never convey Karl Scharz’ expose’. Sesli Sohbet If Cheney was truly involved in 9/11 and protected in some way, then he’s being protected by what may be going on in the Caspian Sea area as well. That pre-9/11 August 10, 2000 article drives the point home to me that Cheney had a vested interest in the oil at the Caspian Sea area (before 9/11). Fx15 From all I’ve read in Schwarz’ articles, he claims the Taliban was working on a deal with Argentina with that pipeline in the Caspian Sea area and UNOCOL wanted the deal instead. Orjinal Lida It’s too much to get into here and I’m not able to convey in here what Schwarz has presented in his articles. Sikis Dig into Schwarz’ articles to learn more about the unnamed soldier’s experiences related to so-called Black Ops missions in the Caspian Sea area in Schwarz’ article. What Schwarz had to present in this article is an eye opener: kurtlar vadisi pusu izle
January 30th, 2009 at 2:41 pmthanks Lida Dai Dai Hua Jiao Nang Seo Yar??mas?
February 2nd, 2009 at 4:15 amI want suits in Colorado, New Jersey, and any other state where illegal suppression campaigns are being conducted. And some real looks at the polling methodology would also be eye opening.
mynet
February 5th, 2009 at 4:37 amnetlog
sohbet odalari
kiz arkadas
sohbet
Andrew Jakobovics of the Center for American Progress Action Fund. “The ‘too expensive to tax payers,’ I don’t know where that comes from
February 9th, 2009 at 5:09 pmyo nunca habia visto a Eugenio Derbez haciendo el papel de malo pero esta pelicula esta muy bonita y si le cae ambos papeles pero lo disfruto mas cuando hace el papel de comedian
March 12th, 2009 at 8:51 amk?z oyunlar? | araba oyunlar? | flash oyun | oyun sitesi
Thank you very much.
April 15th, 2009 at 10:38 amsesli chat
sesli sohbet
Sesli Sohbet
April 16th, 2009 at 3:21 pmSesli Chat
Sesli Sohbet
Sesli Chat