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Keyword: mcainpalin08

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  • Sarah Palin fumbles on Fannie, Freddie

    09/08/2008 2:22:19 PM PDT · by Rennes Templar · 175 replies · 640+ views
    Chicago tribune ^ | Sept. 8 08 | Frank James
    Alaska Gov. Sarah Palin stumbled this weekend when she commented on the federal takeover of mortgage giants Fannie Mae and Freddie Mac. The Huffington Post "helpfully" pointed out her mistake to anyone who missed it the first time around. Speaking before voters in Colorado Springs, the Republican vice presidential nominee claimed that lending giants Fannie Mae and Freddie Mac had "gotten too big and too expensive to the taxpayers." The companies, as McClatchy reported, "aren't taxpayer funded but operate as private companies. The takeover may result in a taxpayer bailout during reorganization." Economists and analysts pounced on the misstatement, saying...