Fannie Who? Freddie What?

Oh come on now, what's the business of asking real question about things like, you know, the economy. As long as GOP vice presidential candidate Sarah Palin appears with her family, maybe has another kid, and gets off one-liners with the aplomb of a former down-market TV station, who the hell cares that she doesn't understand Freddie Mac and Fannie Mae.

Here is Talking Points Memo:

Just more evidence. Over the weekend Gov. Palin said that Fannie Mae and Freddie Mac had "gotten too big and too expensive to the taxpayers."

Only they're not even taxpayer funded. It's only the government takeover, which Sen. McCain supports, that could change that.

I understand that the TV networks and the big papers feel like they're not allowed to criticize Gov. Palin. But we're in the middle of a housing and credit crisis and she doesn't even know what Fannie and Freddie are. It's an embarrassing level of ignorance that would sink a candidate for house or senate.