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Monday, September 08, 2008

Up Is Down for Very Presidential Sarah Palin

[via McClatchy]

Even in her scripted fluffed orchestrated appearances on screen, whisked there and back again from her media-lockdown bunker (Very Vice-Presidential, in a Cheneyesque kinda sorta way), Sarah Palin still manages gaffe after gaffe. Speaking in Colorado Springs, Palin proposes that Fannie and Freddie had
"gotten too big and too expensive to the taxpayers."

Hence, presumably, the present intervention.

The writer, Kevin G. Hall, from whose column I am quoting Palin's clueless and no doubt soon-to-be opposite-day "correction" by the McCain campaign (Libruls are so-o-o-o-o mean!), goes on ever so gently to remind his readership that Fannie and Freddie were not in fact, hitherto,
taxpayer funded but operate as private companies." [Needless to say, though] "[t]he takeover may result in a taxpayer bailout during reorganization.

"May," indeed. Well, at least China's happy.

All this is to say, not to put too fine a point on it, that Palin's apparent wingnut presumption is that all this Bailout Business simply must be a Big Gu'ment failure to be cured by the Magic Free Market Fairy, when it is in reality, quite to the contrary, the usual crony capitalist looting spree that made rich scoundrels richer and whose mess everyday taxpayers will now have to clean up with their hard earned dollars and through the work of good government types of the kind Palin and her ilk disdains. Or as Barack Obama points the finger more genially, in a comment quoted in the same article, "management was not making decisions that were designed to help them meet what should have been the mission… They were boosting profits as a priority -- with the management bonuses that came with those priorities." Quite so. Ignore that sensible man! He's a celebrity! He's a stealth Muslim, or, er, something.

No doubt Palin will go on to cheer the "Free Market" bail out by Big Bad Gu'Ment of the mavericky ruggedly individualistic U.S. Automobile Industry that wanted to build now-unsaleable SUVs while the rest of the world was turning to hybrids it smugly disdained. And the bail out of the mavericky ruggedly individualistic Airline Industry. And the bail out of all those solid stolid businesslike banks that made reckless loans backed by nothing.

Baby Jesus cries when rich assholes don't get to be richer at the expense of everybody else. It's all there, like, in the Bible or something. Also, no poofters!

1 comment:

Anonymous said...

I have to admit this comment of hers had me scratching my head. She seems to think that FM^2 is some kind of government agency or program already and then talks about a (presumably government) takeover that will bail out the taxpayers. It seem like not so much a lie as a complete misunderstanding of what's going on. If FM^2 is already a government project how can the government take it over? It all sounds like someone with their mouth on autopilot while their brain plays Halo III.