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Re: Palin Makes Huge Gaffe: Doesn't understand Mortgage Bailout.
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(Just as an example of the untruth of that claim, look up her Time magazine interview.) So, you don't think St. Obama has ever mis-spoken or explained something poorly? How about Biden - and consider his lengthy Washington insider history before you answer that one.... Matt |
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Re: Palin Makes Huge Gaffe: Doesn't understand Mortgage Bailout.
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The cause for the Government bailing out the 2 GSE's is the potential large scale economic fallout should they fail. The effect is that now the taxpayer will foot the bill. Palin had it exactly backwards....with the taxpayer cost as the cause and the bailout as the effect. This is not like the Sunni/Shia mixup that McCain had.... that could be forgiven because he had extensive foreign policy 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.
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![]() The world could use more Stan Ovshinsky's Last edited by TheLastBoyScout; 09-08-2008 at 03:17 PM. |
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Re: Palin Makes Huge Gaffe: Doesn't understand Mortgage Bailout.
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Re: Palin Makes Huge Gaffe: Doesn't understand Mortgage Bailout.
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Such partisan nonsense. Matt |
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Re: Palin Makes Huge Gaffe: Doesn't understand Mortgage Bailout.
The fact is that the companies took a risk and decided to give out too many loans (got too big) and now the taxpayers have to pay the bill.
Her line is poorly phrased, but not far from the truth.
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5% of the total surface of the Netherlands is used to grow hemp |
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Re: Palin Makes Huge Gaffe: Doesn't understand Mortgage Bailout.
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I'll be interested to see if Palin does the same. If her (the McCain camp's)explanation in defense of her gaffe is similar to the one's in this thread I wonder how people will receive it. My guess is that there will be no response at all.
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![]() The world could use more Stan Ovshinsky's |
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Re: Palin Makes Huge Gaffe: Doesn't understand Mortgage Bailout.
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I think it's telling that most of the counter-arguments on Palin's gaffe (if you can call it that) immediately stray to pointing out the gaffes of others.
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![]() The world could use more Stan Ovshinsky's |
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Re: Palin Makes Huge Gaffe: Doesn't understand Mortgage Bailout.
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![]() Oh, and for the record - I give no importance to Palin's gaffe, Biden's gaffes, nor to BHO's gaffes. |
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Re: Palin Makes Huge Gaffe: Doesn't understand Mortgage Bailout.
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nominee claimed that lending giants Fannie Mae and Freddie Mac had "gotten too big and too expensive to the taxpayers." lbs..the continued operation under their current status is costing us, the tax payer money, the sooner we change that the better, they are too big and they are, and what should could said is; “and will get more expensive to the taxpayers”… unless we change it of course…it’s a matter of inference, she has taken it for granted its going to cost us, and it will, and more the longer it goes on.
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"The captain has turned off the `No Dubbing' sign. You are free to speak any language you choose." |
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Re: Palin Makes Huge Gaffe: Doesn't understand Mortgage Bailout.
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But if you place no importance on gaffes then why did you claim that Biden was a racist based on his? Just being facetious?
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![]() The world could use more Stan Ovshinsky's |
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Re: Palin Makes Huge Gaffe: Doesn't understand Mortgage Bailout.
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"The captain has turned off the `No Dubbing' sign. You are free to speak any language you choose." |
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Re: Palin Makes Huge Gaffe: Doesn't understand Mortgage Bailout.
you didn't use too, whats changed?
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"The captain has turned off the `No Dubbing' sign. You are free to speak any language you choose." |
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Re: Palin Makes Huge Gaffe: Doesn't understand Mortgage Bailout.
Yup, and to demonstrate that what is good for the goose is also good for the gander. If this has importance, be prepared to take the parsing of Biden's gaffes, without showing any hypocricy (if not showing hypocricy is important to you, that is).
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Re: Palin Makes Huge Gaffe: Doesn't understand Mortgage Bailout.
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Back in the late 80's & early 90's during the 1st foreclosure debacle in this country, I worked in real estate. I did a lot of Freddie Mac & Fannie Mae foreclosures. Yes,--there were expenditures back to the Federal Government in the form of paperwork-paperwork, administration, etc. The government never does anything for free--including securing loans from private vendors! |
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