[youtube]http://www.youtube.com/watch?v=eO4k1fIjivg[/youtube]
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 expensive now that they are being taken over. Yes. However, the above makes no sense whatsoever. In fact, given the depth of the housing crisis, it’s more than a little bizarre that a Governor unfamiliar with the two.