Political Punch

Once again people talk on this without knowing what they are talking about.yes freddie and fannie are to big .Yes they should be smaller so we don't have to worry about finacial meltdowns that we the people have to bail out for the sake of giving unqualified people morgatges they can't pay

HELLO?! Although I know my way around, I am no economic expert but I could see there was something wrong (the water was receding before the tsunami, I guess.). When I would bring this up to people they would tell me to enjoy the ride, how prices in Florida were just too low for too long. I thought maybe I was worrying for nothing but I guess that nagging doubt was right after all. Better to listen to your gut then a expert who's first solution is to buy more of the toxic debt nobody wants.

People were buying way over their head. Instead of a starter home, the young couple wanted the big house with a pool. It was hard NOT to sell a house. They got questionable loans & didn't seem to care about the penalties even after explained to them. But how can the same exact model house be going up $10,000 a month with no sign of hitting the brakes? It was a literal run away train. The builders were giddy buying up lots & completely filling in blocks of vacant land within weeks (I still have many vacant, never occupied homes around my home for 15 years with tall grass). Where were the jobs? All the out of town agents have since moved on to fertile ground. They come, conquer & leave their footprints with no consequences. What about the people who actually live here? With all the experts we hire, nobody can COUNT the number of building permits & figure in how much more or less roads, services, drainage, schools, etc. are going to be needed for this growth. These ivy league school grads are full of stale air instead of any new ideas.

Our next President should have a YEARLY review with objectives & consequences, like we all have. RESUMES do matter but only the accomplishes count. Everyone can ask, "What have you done for me lately?" It's about time the People of this great country get to say, "YOUR FIRED!" Let's push our agenda...not theirs.

After reading so much about this lady and watching a number of interviews with reputable channels such as CNN, I am flabbergasted. What are the Americans (at least Republican Party supporters) thinking? We don't even nominate people like Sarah palin for municipal council elections, let alone federal ones. haven't you learned electing one of this kind twice in a row.

Hey; does anyone remember the Republican( Taxpayers Bill of Rights) and do'nt say it was hijacked by the Dems because they had a Republican President and a Republican controled both the Senate and the Congress.

We love Sarah here in Alaska. She truly is a reformer and has gone against the corruption in the political establishment. While we will miss her, our loss is the nation's gain. She is a smart and articulate person. I have no doubt the nation will elect her as the next vice president. While the liberal left may criticize her for leading the Alaska National Guard, last I checked Sen. Obama has never led a military unit. Oops, I meant he had never led any unit. Please, him saying his leadership experience is leading his campaign. Everyone knows the campaign manager leads the campaign. I've never heard Sen McCain or Sarah say their leadership experience is leading their campaign. Sen Obama's lack of executive experience will never get him elected president. Lov'in it in Alaska.

Jake -

Palin is right that they are too expensive NOW and IN THE PAST.

Despite the fact that they are "private" we all know they are actually Government Chartered.

There has always been an implicit Federal Backing. Because of this, the risk that Fannie and Freddie represent raise the borrowing cost of the Federal Government.

$5 Trillion in shaky liabilities that you are implicitly on the hook for will mean something in Bond Markets.

With $8 Trillion in Financed Government Debt, a few basis points of risk premium because of exposure to Fannie and Freddie costs the taxpayers BILLIONS in additional borrowing costs.

Palin was correct either way. The neophytes who do not understand the Bond Markets would never get this fact...

Now you know.

Note that the "Heritage Foundation" is a hard-line right-wing propaganda organization, and not exactly a credible source of unbiased information.

Yeah, that Fannie Mae thing Palin said was just devastatingly stupid. No wonder they won't let her talk. The one time she does, she says something like that? Cripes, does "W" have a twin?

It just goes to show that the McCain campaign can't cram too many facts into someone's head too quickly.

Ahem....this from the Heritage Foundation, a more reliable source on economic history...

Fannie and Freddie were never private entities. Fannie is a relic of the New Deal and Freddie was chartered by Congress in 1970. When Fannie was partially privatized, and since Freddie’s inception, both entities have benefited from an implicit federal guarantee of their outstanding obligations. If they were just ‘private entities’ as Tapper claims, they never would have been able to establish a massive duopoly in the U.S. mortgage market. Only because of their ‘government sponsored entity’ status were they able to lower their borrowing costs below what real ‘private entities’ had to pay.

So sorry to break it to you sir. But the ONLY one confused on this issue is you. Gov. Palin was RIGHT. Thank you for once again contributing to the media's rush to judge Palin before actually ascertaining FACTS.

Wow,

Cramming for an economics final, a geography final, a history final, a political science final, a public relations final, a biological science final. A foreign relations final.

I almost feel sorry for her.
I said ALMOST.

"You would like to think that someone who is going to be vice president and conceivable president would know what Fannie and Freddie do," said Dean Baker, co-director of the Center for Economic and Policy Research. "These are huge institutions and they are absolutely central to our country's mortgage debt. To not have a clue what they do doesn't speak well for her, I'd say."

["The fact is that Fannie Mae and Freddie Mac have gotten too big and too expensive to the taxpayers. The McCain-Palin administration will make them smaller and smarter and more effective for homeowners who need help."]

Not sure why this statement was confusing, as I concur with Gov. Palin. But here, see if this helps: The fact is, these institutions became inefficient (too big) and now taxpayers are going to have to foot this humongous bill (too expensive).

Gee whiz, ABC, is this the best news you can dig up on the candidates? I think this is lame compared to the "lipstick on a pig" comment by Obama today.

Forgive me, but isn't that sorta like the pot calling the kettle black? [hey, the audience standing behind me just roared with laughter, like the folks behind Obama today, so I guess they knew exactly what I REALLY meant!] -- winkie, wink

Palin is an awful strange character. She attends a church that speaks in tongues, believes Jews are being punished via terrorism, and that all gays can be turned straight. Not the mainstream.

Wow - I didn't realize I stumbled on a hard core liberal Web site. I thought the fact that this was on ABC News would have implied it to be somewhat balanced. I happen to be pretty middle of the road. For starters, I like all 4 candidates and am glad we actually finally have some people of character to choose from. That said I think Tapper's distortion of Palin's comments is pretty extreme. Saying that it has gotten too expensive for taxpayers doesn't imply a misunderstanding of how they operate...nor does it imply she doesn't support the bailout. I support the bailout because the alternative is disastrous...but I'll quickly follow it by saying that the bailout is too expensive - or at least way too risky - for taxpayers and we shouldn't have ever been in the position for a bailout to be required in the first place. The economy at large has become way too dependent on these entities and way too much is at risk. And I'm quite certain I'm nowhere near as stupid as some people on here will have you believe Governor Palin is.

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.

Oh my God! I've come to the conclusion America IS that stupid. If they buy the Palin lies and the McCain.."I'm a maverick and I'm going to change Washington"..then why didn't he stand up to the GOP about his real VP choice. Why? Because McCain wanted Lieberman, who speaking from someone who lives in CT. and didn't vote for Joe., Lieberman is a traitor to the party period, and is out for himself just like McCain. McCain's experience has been running for President for the past 10 years, MISSING 4 MONTHS of votes in Congress, and changes his opinion about his beliefs like the weather changes. Joe Lieberman will not make another election in CT., like the last by tricking people. If the media were doing their job and investigating Palin's and McCain's behavior there wouldn't be a surge in the election. If Republican DE-regulations weren't taken away from media ownership, we wouldn't have had this Banking crime wrecking Home values in America, The GOP did that and the GOP allowed their buddies to go free for stealing period. More regulation is needed over Banking, not less..More regulation is needed in media too to stop making America stupid! . The GOP wants "less Government" to protect their own greedy buddies. Do people want more of the same. Will a person vote for "anyone" just because they run Republican? . We need a real Government that isn't more of the same. Bush and Sara Palin are the same...except Bush really hates America, Palin uses it. Don't buy the lies, go with change. Go with Obama, he's the only REAL TRUTHFUL chance we have, really!! If America elects McCain, God help us all. There will be a depression and the GOP will blame that on the Democrats too and since the media dumbing down of America has been so successful, it'll work too. America IS that dumb to allow the party that raped us financially to get another go at it. Shame on media for not stepping up, with some REAL investigations of this new comer or having the sense to push Obama instead of the same old crap. Stand up, ask the questins, Palin has NO RIGHT to privacy if she's in public "proudly showing off her pregnant daughter"...shame on her.A party w/ values would have NOT chosen this woman and her pregnant daughter as Leaders of the America people. What happen to the party w. values anyway? This white Mom isn't voing for more of the same. I just wish the rest of the Moms had a brain..McCain called his ex wife the "C" word, is that who you want to dictate what your daughter can and can't do? Do you want a fanatic like Sara Palin in the whote house when McCain dies as he will of cancer> He's had it 4 times, and he's 70, wake up people, until they do..God help us..God help us if the GOP uses the stupidity "some American white women" or a "hockey or soccer Mom to decide who is President next... You can like her but that doesn't make Palin qualified!

Palin has no idea what is going on in the real world. She's been out on the frontier for too long. She doesn't realize that we're bailing out Fannie and Freddie. Who knows what she's thinking, ala Dan Quayle. As for the bailout, it wouldn't be necessary if not for the deregulation imposed by the Republicans (Phil Gramm, McCains economic advisor).

THE WISDOM OF POGO and PALIN

PALIN (Tapper): "The fact is that Fannie Mae and Freddie Mac have gotten too big and too expensive to the taxpayers."

POGO (from the comics of yester-year): "We have met the enemy! and they are us."

Well, Freddie and Fannie were certainly too big and precariously positioned to avoid the onslaught domino effects in the housing market.

When Freddie and Fannie don't have the cash to backup the demands of their lender customers, then who's left to pick up the tab? Both Freddie and Fannie gathered too many clients in a Cinderella world painted by their lobbyists. The taxpayers are the end users in this arrangement, so guess what?

Can we let 'em sink? No -- Too many banks across the US are financially dependent on them. We can't endanger the stable mortgages held by responsible lenders. Do we send them to Federal receivership? Yes. Save what's left of both, bolster the business, trim the fat and re-invent under scrutiny.

Yep -- Too Big and too expensive for the taxpayer. We have met the enemy, and they are us.

Jake -- Give it up. You ran this yesterday. The realities of what we have stepped in aren't going to change overnight. And Pogo and Palin are on the same page.

Of course she muffed it. She was chosen because of her extreme right wing religious nutcase orientation, not because she is smart or intelligent (which she is not). Dan Quayle #2 in the making.

You would've voted for an inexperienced president just to have Hillary as VP. Now you're going to vote for two people who DO NOT share Mrs. Clinton's values or stands on the issues at all? Mrs. Palin especially is a world away from Hillary in terms of experience and views.

Yes, McCain has experience but he is 72 years old and why would you want someone a heartbeat away from the presidency with no experience in foreign policy and economy? Someone he met only once or twice before he chose her? WHY?

Do you think the Republicans actually chose Palin because they respect women? NO! I wish you could see that they did this as a cynical, calculated ploy. You should actually be insulted that she was a token choice. McCain actually wanted Senator Lieberman but was not maverick enough to stand up to others in the party and say "I'm running with him anyway."

Isn't voting for McCain just cutting off your nose to spite your face? Or do you just care about gender and not the issues?

Let's ask if we can see her college transcripts and if she took any courses in economics and what her grades were, For that matter, how about McCain's.

I wouldn't tie the bail out directly to bush... I think we have no other choice but to buy the bail out. If I remember correctly... hasn't McCain campaigned against this? Either way, I didn't find Palin's slip of any consequence.

Personally I wish the bailout was put on hold for about year... drive down home prices. Living in a large metro it is difficult to find anything under a half million.

Confusion about economic policy is a central tenet of the McCain campaign - she was just being a supportive VP nominee.

Somebody tell me, when did asking a hockey mom to run the world's most powerful nation become a good idea?

Palin has NO IDEA what the hell she's talking about.

Even more worrying, she's reading a script from McCain's team. Obviously they are also studying hard with the latest edition of "ECONOMIC MELTDOWN & HOUSING CRISIS FOR COMPLETE TOTAL IDIOTS"

Fannie and Freddie were never private entities. Fannie is a relic of the New Deal and Freddie was chartered by Congress in 1970. When Fannie was partially privatized, and since Freddie’s inception, both entities have benefited from an implicit federal guarantee of their outstanding obligations. If they were just ‘private entities’ as Tapper claims, they never would have been able to establish a massive duopoly in the U.S. mortgage market. Only because of their ‘government sponsored entity’ status were they able to lower their borrowing costs below what real ‘private entities’ had to pay.

She was talking about the future of them: i.e. Assume the bail out; then what do we have NOW? Two very large and two very expensive entities on the back of the taxpayers; the current situation will be hard to sustain. So, the question becomes: where do we go from here? So one could argue she was setting things up to answer: what will the next Admin. do?

I would guess she was talking about the future of them; ie. where do we go from here. At this juncture they are too expensive and too large for taxpayers to sustain. So I think she was setting things up to answer: what will the next Admin. do?

I would guess she was talking about the future of them; ie. where do we go from here. At this juncture they are too expensive and too large for taxpayers to sustain. So I think she was setting things up to answer: what will the next Admin. do?

I would guess she was talking about the future of them; ie. where do we go from here. At this juncture they are too expensive and too large for taxpayers to sustain. So I think she was setting tings to answer: what will the next Admin. do?

I would guess she's talking about the future of those two; ie. where do we go from here. At this juncture they are too expensive and too large for taxpayers to sustain.

Her talking points weren't detailed enough this week.

Earth to Rob M. Bush & Kerry aren't running this time. FYI, if you think anyone can fly a F-102A why don't you give it a try!

Let's hear all about Obama's military career since we are not only voting for a president but also a CIC?

Palin informed us at the GOP convention that "There is only one man in this
election who has ever really fought for you ... in places where winning means
survival and defeat means death ... and that man is John McCain..". If memory serves, 4 years ago the only candidate who actually fought for us was John
Kerry and he was condemned for it. Cheney was too busy and W was safely tucked away in the Air National Guard (when he actually decided to show up). Will Americans ever see through this hypocrisy?

This comment was made: "Could you Palin haters (and Tapper) just do a Google search to get some real facts?"

Now why would they wanna do that? Since Palin was announced as McCain's VP choice the Far-Left crowd has gone off the deep end. Their 'Chosen One' now is in danger of not being elected and they don't like it at all.

I'm still trying to figure out how what she said was wrong. The government IS bailing them out, and what is the governments primary revenue source?. . . . taxpayers. The other option is to print more money which devalutes the dollar and still costs us. So let me ask. . . . . . . Exactly what is there about this that isn't "too expensive to the taxpayers"??

Given more opportunities to speak off the cuff, Mrs. Palin would surely continue to exhibit the reasons why it is utterly insane to have here as a vice presidential candidate. I am sure, however, that the McCain campaign will keep her carefully leashed and muzzled until the election. Too bad. I think the American public would truly like to get to know this unpredicatable woman.

What kind of support do the GSEs receive from Government?

The major support consists of the credit lines with the US Treasury. This, along with their histories -- both were public institutions before they became privately owned -- mark them as having a special claim for Government assistance in the event they ever get into financial trouble. As a result, investors consider the notes they issue and the mortgage securities they guarantee almost as good as securities issued by the Federal Government itself.

As a taxpayer, on the other hand, you have a cause for concern. The low borrowing costs of the GSEs is based on implicit Government backing for their $3+ trillion of debt and guarantees. When the GSEs have a financial disaster, the Government has to bail them out, and you and I are on the hook for the cost.

Let Sarah McCain speak for herself on what was said, not through campaign aides.

Republicans, Democrats, Greens, Independants, Liberals, Conservatives, Evangelicals, the peolpe of Wasilla, those living in Alaska, the lower 48...everyone (pretty much globally) want to know

- how she is versed on the economy
- her perspectives on the mortgage crisis
- her thoughts on the solutions that she (not McCain) might recommend for a future financial crisis
- the function(s) of the US Treasury

Please, avail her the total ability to express herself, breaking only to ask further questions to explain what she might say....much like a press conference.

I see many of the comments here reveal a complete misunderstanding of what a GSE (a "government sponsored entity") is. They are NOT public entities, in any sense. They are not backed by taxpayer funds. The nature of the government's sponsorship is limited to one very specific benefit conferred upon Fannie and Freddie: they are granted lower capital requirements than the government would otherwise require of a similarly situated financial institution. This is a benefit to Fannie and Freddie, but one that costs the taxpayers ZERO dollars.

Furthermore, to insist (as many here have) that the government's decision to "bail out" Fannie and Freddie somehow means they were public entities, that completely nonsensical. Is Chrysler a public entity? The government bailed out Chrysler.

Palin's comments revealed a stunning ignorance of the operations of Fannie and Freddie, and an ignorance of the housing market that is difficult to believe in a candidate for high office.

Fannie and Freddie ARE NOT "ultimately backed up by the taxpayers", as Tapper puts it. The U.S. government DOES NOT guarantee Fannie and Freddie's obligations, nor does the U.S. government have any other obligation, direct or indirect, to contribute taxpayer funds to Fannie or Freddie.

Tapper falls prey to a common misconception here. The only mortgage-related entity backed by the full faith and credit of the U.S. government is GNMA, or Ginnie Mae. Both Fannie and Freddie are completely private.

Please, Jake, correct this. It gives Palin the benefit of a doubt where there should be none. Fannie and Freddie are not backed up by the U.S. government.

In response to Tom Genin - your post could probably be misinterpreted by some as stating that the whole Palin/librarian issue was fake. So I would like to emphasize that in fact, if you read both Snopes and the FACTCHECK websites you will see that the ONLY thing they have debunked is one email with a list of specific books that she supposedly wanted to ban - but both sites still mention that the conversations about removing books DID occur and that the librarian was fired by Palin and rehired the next day - FACTCHECK claims this was just a "loyalty" check and not specifically about the books, but other major sources state the only reason the librarian was rehired was because the community went to bat for her. Personally, I don't care WHICH books she supposedly wanted gone, I care that she was trying to (or trying to find out if she could - which says just as much) ban any books from the library to begin with.

and the EXPERTS like Chris Dodd on Fannie and Freddie let this happen.

John McCain is wrong to ask us to put our trust in a Vice President that has not been tested on a national level just bucause of her social positions. He lost my vote!!!

It is clear that Palin is a tool for McCain campaign. Her lack of knowledge and expirence is irrelivant to McCain. If they get elected, he will relegate her into the backdrop of Washington where she use her Alaska conections to "DRILL BABY DRILL," while recieving unlimited resources for her DS child. This is so obvious, I find it a waste of air to even argue these statements. The GOP's hypocratic defense of her is pathetic and desperate.

If a church believes a) homosexuality is a sin, b) God rescues sinners, and c) God answers prayer, why the feigned outrage when people pray for God to change homosexuals? Everyone remembers the Second Amendment, protecting the free exercise of religion. Religion is no johnny-come-lately on the world stage. If homosexuality is making new bids for social normalcy, it is bogus to pretend to be shocked that churches pray for their deliverance. Churches have been praying this prayer for almost 2000 years! Let's not raise bigoted slander against Christians when they actually practice what they believe. If they didn't pray for homosexuals, they would get slammed for being hypocrites. (Damned if you do, damned if you don't.) Ignorance -> fear -> bigotry. Expand your minds, people.

It amazes me how ignorant the coastlines are of middle America. Even most farmers have college degrees. When I read such blogs, about the ignorance of the "fly by states," it only confirms just how ignorance and pompous arrogance is the personality of those who are dumb enough to live in the crowded cities along the coastlines. I have lived in both places and I will chose the "fly over states," everytime. You see alot more kindness and less rudeness and attitude.
So those of you who use your "arrogance in place of perfectly good intelligence because it disagrees with you, remember where you get your food! We have been self sustaining for generations, have you?

This nation is going to be changed beyond recognition in eight years by the Christian fundamentalists. Bear no doubt.
.... Exactly! I just don't want to hear women complain in 2-3 years that they no longer have the right to choose regarding pregnancy. If abstinance-only didn't work in Palin's house what makes her think it will work everywhere else?

Hi, Im 17 and my attention been focused on the presdential election. I'm so fustrated about it. It base on a racial, and gender vote. If you're white you vote for white. If you're a female you vote for the team republic. I'm disappointed in our democrated party. Yes some are upset Hillary didn't win the nominee. But does that give you the right to change your party. No!....... I really think this election is mostly base on race issue. Not the issue! American is basing there decision for the president of the United States on thier ethnic background. It's not fair to the right candidate for the position. It's not fair to me, my peers, nor the rest of America. I'm tired of watching commercial talking badly about the other team. I want to see commercial about what you going to do for the country. I'm only 17 and I know the importance of electing a new party in the white house.The Republican party did nothing for America. But make things more difficult than they were. If I and most of my peers had the right to vote Obama will be in the whiite January. I tired of Foolish adults who don't care about nothing but thierselves. Who haves a hangout on racism. Come on you guys it's 2008. It been years we have overcome racism problems. It's still more to come. Wake up and smell the coffee. American we be diverse forever. It's time to make the past the past. Look forward to the future. I believe you'll rather have a white female in office before you have a black male.America, America, America what can I whisper in your ear. To show you that this is a important election. Don't base your vote of the color of the candidate skin.
I wish I was born a year earlier. So I can vote and make a difference.
PrincessD
Think about the future.

Let's remember that Palin is a governor of a state with a population of only 670,000 people. Of those, only 85% speak English.

This means that there are thousands of mayors across the United States with much more power and responsibility than the governor of Alaska, a tiny state in terms of population.

Palin's ignorance pn economic, financial, national, world matters, etc. does not surprise me. A hillbilly VP who could turn into president, in the likely event McBush dies or gets sick (quite possible due to his old age), is just what we needed to become a 2nd rate nation.

McCain / Palin 08
The politics of hell.

The question is does Jake Tapper (author of this article) understand how Fannie & Freddie work? She was talking about both the current bailout, paid by taxpayers, and that the the US Government (see Taxpayer) bought back stock in these to companies to infuse capital and maintain their stock price. This was back in July. Could you Palin haters (and Tapper) just do a Google search to get some real facts?

And the lie about the list of books she wanted to have banned is a Fake. Most of the books weren't even published at that time. Furthermore, FACTCHECK found that the list was copied and pasted from another story in Florida and verified the accusation was bogus.

She also has refused to turn over 1100 emails in the ongoing Troopergate investigation which seems to be right out of the Bush and Rove playbook. At least they weren't lost.

Just remember that the race will be decided by a handful of battleground states with people who do not have much of an education. So it won't matter if Palin is educated in financial, international and other important matters or not. As long as she knows how to say her lines, she will do fine with those idiotic voters. Just expect at least four more years of Bush like policies and worse. This nation is going to be changed beyond recognition in eight years by the Christian fundamentalists. Bear no doubt.

McBUSH/PALIN 08
Change We Will be Sorry.

Just remember that the race will be decided by a handful of battleground states with people who do not have much of an education. So it won't matter if Palin is educated in financial, international and other important matters or not. As long as she knows how to say her lines, she will do fine with those idiotic voters. Just expect at least four more years of Bush like policies and worse. This nation is going to be changed beyond recognition in eight years by the Christian fundamentalists. Bear no doubt.

McBUSH/PALIN 08
Change We Will be Sorry.

Irregardless of what the press says, or Obama-I am a 38 year old white woman who would have voted for Hillary-but will now vote for McCain -and the bottom line is because John McCain is simply more qualified to lead my country...especially while we are at war...I watched both conventions on PBS...and truly feel let down by the democratic King (or Queen) makers- you guys dropped the ball for women, and added insult to injury against women voters-by the way the most active voters in the last 30 years in the process-Hillary's experience as a Senator was truly the only rival to McCain's experience for me and most of the women I know are now planning on voting for McCain based more on HIS qualifications-and not on who his running mate is, when you comapre Presidential Candidate to Candidate Obama can;t even touch McCain- maybe the party should switch the ticket around and let Biden be at the top=then maybe they would have a chance...McCAIN 2008!

As a woman, this is so insulting. The Republicans are prancing her around, (just don't talk!) The only thing we get to see is her convention speech because her knowledge of the national and international issues that will make a difference as to whether Americans keep their homes, their jobs, their savings, their grandchildren's lives, is completely missing from her skill set. John McCain, you are displaying the most disgusting sexism I have seen in many years. Baby, I've come a LONG WAY and you won't use me!

Jake has become a lexicon for Palin's comments. Did abcnews ever report that Obama received $123,000 from Fannie and Freddie? No wonder Obama camp understands the mortgage issue much better !!

Information like this needs to be on the nightly news. People need to understand they aren't voting for someone to pal around with. She could potentially end up running this country. I for one would like that to be someone with understanding of the economy and world affairs.

Eat Your Hearts Out, Libs
MCCAIN/PALIN 2008
Change We Can Trust
RESISTANCE IS FUTILE!

OMG! Not only do we have John McCain who admitted to the Wall Street Journal Editorial Board that he doesn't really understand our economy but he picks a vp running mate who proves that she probably knows even less than he does. Palin's statement,..... "The fact is that Fannie Mae and Freddie Mac have gotten too big and too expensive to the taxpayers. The McCain-Palin administration will make them smaller and smarter and more effective for homeowners who need help."...., shows us just how uninformed she is. Even a novice investor in the stock market knows better than to make an irresponsible statement like that. Why or why didn't McCain pick Romney? At least everyone knew that Romney understands our economy.

LET'S GET PALIN! BUT NOT ON THIS HOPEFUL GAFF.
Sarah told it RIGHT!
Too expensive, but necessary bailout.
Never again!
Bust them up like the Little Bells!
Monitor smaller Mae's and Mac's.
Tighter control, better results.
IS SARAH PALIN GREAT AND GREATER OR WHAT
R e s i s t a n c e i s f u t i l e

MCCAIN/PALIN 2008
Change We Can Trust

Palin does not know Fannie and Freddie from Disneyworld, but she eats Mooseburgers and was runner up in a beauty pageant which qualified her for mayor in Alaska. She doesn't know anything about Foreign Policy, but she knows how to fire someone when they do not do what she says. She will reverse Ro v Wade, but at least her 17 year old daughter had the right to choose. Overnight she became an unwed teen to an engaged teen with no ring. She is ready to be president, she played basketball, she lied about the bridge to Nowhere and lying is key to McCains whole campaign. Lie and repeat the lie until America believes it. NOT THIS TIME !!!!

Di, you obviously do not know what you are talking about. Have you read the post from Michael Blackeley? That is the truth. Most people in the mortgage business know that it was the Clintons and their administration who are really to blame for this mess. So if someone needs to do hard time, like one person has said on this blog, you better start with your beloved Clintons.
Why is it that all of you dems criticize her for not doing interviews. She will be doing one and I'll bet she won't be stumbling over every question like Obama did in his interview with George this past Sunday. Why hasn't the media said anything about that? Why haven't they said anything about his ties with Ayers? Jake Trapper, when you point out mistakes, you should make sure it was in fact a mistake, and not just the way you took it.

There must be a hell of a reason why mcCain/palin selected ABC news and Gibson for their firs interview, i have a gut felling that some type of deal was cut either by abc or gibson. i hope i am wrong, but gibson needs to be as tough on her as he was on obama, but i look for some very cookie like question that an idiot could answer

So a WAR is "God's will"?

This woman is a NUT !!!!!

Sarah Palin is at the point where Barack Obama was in the beginning of his campaign although I believe she will get up to speed much quicker. The problem here is that neither she nor Barack are qualified to be either President or Vice President.
Hillary Clinton was qualified due to her self study and focused absorption of everything she could hear see or read because her was determined to be President. And now due to the Media's biased coverage of this election and glorification of Barack Obama we are now in a mess with two disastrous tickets.
And let's not forget the "gaff" or lie when Barack said that the Banking Committee was his committee when he was in Israel - when in fact he wasn't even on the committee.

Careful what you say about Palin. She will pray you into a Republican. There is a News story that claims her church prays homosexuals into heterosexuals. She also belonged to a church that speaks in tongues. So best be careful what you say about her as a bolt of lightening will fry your behind. Thinking now that she is just another religious nut job like the reverend Wright.

How come this is not covered by the media about Mr. Obama?

The involvement of convicted felon Tony Resko in the purchase of Obama's$1,300,000 home.

His despicable association with his friend William Ayers, who was on the FBI’s Most Wanted list for over 10 terrorist attacks.

The fact that at age 25, Obama was backed by a radical Muslim activist close to the Saudi royal family when he applied to Harvard Law School.

I hope Charlie Gibson asks her, 'I know this is unscripted, Sarah sweetie, but I can't help myself. Do you still believe Alaska should secede and become its own Country?' Palin's jaw hits the floor, a look of utter astonishment and shocked despair wrinkles her face. Then she becomes irate. 'How dare you ask me a question you know McCain's flunkies haven't 'trained' me on! That's not fair, Chuckie baby, and I don't want to play anymore.' She storms off the set crying 'go to hell you sinner'.

Yes, too expensive for us taxpayers. Instead of holding them accountable for their mistakes, as well as holding the idiots who overspent on their homes accountable, the taxpayer has to bail them out. A federal takeover is NOT what I want to see. At least if it is going to happen, I want to see McCain/Palin replace who is administering it with someone accountable.

Spin, spin, spin here, trying to turn this into a gaffe.

Here is another example of the media bias. When Obama had stated that the Georian problem should be handled by the UN security coucil, did Obama not realize that Russia has veto power so it would be useless. The press did not say that was a gaffe even when he needed to clarify it twice over. On the other hand, the press jumps on Palin when she says that Freddie and Fannie are expensive to the taxpayers. This is true, but the press assumes she might not know that these are corporations backed by the US gov't. Why can the press just treat each side the same way.

Hey guys stop blaming others for your mistakes. your repubs were on power for 8years and having both chambers for 7 years you did nothing. Now you want to blame the clintons who left trillions $%surplus for you. You eat it all up shame on you.

I just finished reading the CNN article about her religion. And now I find the bashing picking up in this blog. America began with exiled believers and now any believer is fair game. It’s really sad to find that when these Godless wonders or elitist sects aren’t feeding on each other they make quick ridicule of those that seek to server a cause bigger than themselves. If it isn’t racism, sexism, homophobia, elitism, nationalism, it’s ethnic cleansing. Must we disregard the Bill of Rights during every election? This election may be another one that misses the opportunity for America to put civility first.

Frank; frankly you took up so much space trying to defend the shocker-mom and the old fell-low, that you overlooked the fact that to woo you self-centered Reps. McPain made a last minute, desperation choice,that like his failure at most everything he has ever been involved in, was a poor choice for VP but you haters are eating it up. change in D.C. is what we need.