A Confusing Comment on Fannie & Freddie From Gov. Sarah Palin

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.