Regular People

I think my colleague Satyam’s been bitten by the elitism bug and thinks it’s a “gaffe” for Sarah Palin to say that Fannie and Freddie had “gotten too big and too expensive to the taxpayers” when, in fact, they weren’t funded by the taxpayers at all. Palin doesn’t understand the basic structure of the GSEs and neither do most Americans. All this liberal sneering at public officials for not having, you know, a in-depth knowledge of policy matters is exactly why we’re seen as out of touch.