Guess Sarah Palin isn’t so hot without a teleprompter:

Palin Makes Her First Gaffe

Gov. Sarah Palin made her first potentially major gaffe during her time on the national scene while discussing the developments of the perilous housing market this past weekend.

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.”

[Emphasis added]

No matter how many talking points Rick Davis & co. feed her, Sarah Palin just doesn’t understand the issues our country is facing.

We are in the midst of a mortgage crisis, yet the person who wants to be our next Vice President doesn’t even understand how these two giants–responsible for $12 trillion worth of mortgages–work.

How are the Republicans supposed to fix an economy they don’t even understand?