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Old 09-08-2008
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Re: Palin Makes Huge Gaffe: Doesn't understand Mortgage Bailout.

Quote:
Originally Posted by TheLastBoyScout View Post
I understand the mortgage mess.... and the lending practices that caused it.

The reason that the Government bailed out the 2 GSE's is the potential large scale economic fallout. The result is that now the taxpayer will foot the bill.

Palin had it exactly backwards...... This is not like the Sunni/Shia mixup that McCain had.... that could be forgiven because he had dealings and it could be written off the same way a grandpa calls his grandson Jimmy, "Mike" by mistake.

This is different. Palin has had no dealings in the mortgage crisis on a national level. To say that she really knew better and just had a brain fart is based on nothing.
And the racism that Biden shows certainly is a different story, too. That was no gaffe of his when he was talking about employees at 7/11s. I mean, wow. Talk about inexcusable gaffes.
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