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Palin gaffe!

September 9th, 2008

Umm, except she was, uhh, y’know, right:

The Palin comment is well within the margin of error on the campaign trail. There is no “gaffe” here. Congress earlier this summer — in the housing bill that both John McCain and Barack Obama supported but didn’t bother to vote on — gave Treasury Secretary Henry M. Paulson Jr. a blank check* to invest in Fannie or Freddie. It OKd a big bailout. Perhaps in your book a blank check freshly signed by Congress is not “too expensive.” Perhaps you trust the government not to spend a blank check. Perhaps pigs have wings. Palin was right: The very existence of a blank check means that Fannie and Freddie are too expensive to taxpayers.

SHE’S A LIAR! MCCAIN MUST REMOVE THE MONSTER PALIN FROM THE TICKET NOW!

There, Andrew; I did your screeching for you, so you can spare your overworked tonsils.

And I’ll also mention that this ties in nicely with what I’ve been saying all along: the mortgage crisis is a scam, engineered from the beginning to allow the feds to grab for more power and control over another sector of the American economy. Congress required lending institutions to make unsustainable loans, prepared from word one to step in once the inevitable defaults started pouring in and soft-headed Americans started crying for government to step in and save them from their and Congress’s own folly. Palin couldn’t have been more correct in her assertion.

Nice try, but no cigar, desperate liberals. Try, try again.

Update! More from Michelle. I take back what I said before about this being a “nice try.” It looks more and more like just another feeble, epic FAIL.

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  1. Mark Martin
    September 9th, 2008 at 20:03 | #1
    Palin's comments about Fannie Mae and Freddie Mac show a complete lack of understanding of the mortgage markets of the United States. Yes, Americans should care about economic literacy of their leaders. If this isn't a valid criticism of Palin I don't know what is.
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