Monday, September 08, 2008

And you thought no one was dumber than Chimpy...


Just when you thought that your eyes and ears only had to worry about what literally stupid remark Chimpy made, now you have to worry about Sarah Palin.

Now before you say : is this another tabloid story?", it isn't. This is a legitimate, caught-on-tape gaffe on a rally in Colorado Spring, CO today. In the clip, Palin claims that Fannie Mae and Freddie Mac had "gotten too big and too expensive to the taxpayers.". Freddy and Fannie "aren't taxpayer funded but operate as private companies. The takeover may result in a taxpayer bailout during reorganization." Economists, analysts, and intelligent people gobbled up her HUGE faux pas like college students at an all-you-can-eat happy hour buffet.

"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 best part of the clip (the audio quality stinks; it is VERY low) is it could be in one of those MasterCard commercials because the look on John McCain's face is like 'oh f%@k' and absolutely PRICELESS when she makes this INCREDIBLY STUPID remark.

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