9/8/08

Palin, Freddie and Fannie

Sarah Palin thinks Freddie Mac and Fannie Mae are taxpayer funded. Her quote:
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."
They are not taxpayer funded. That's what they were intended to be back in the day, but now they are for profit companies that we now own because they WERE NOT publicly funded!

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