Here are some links (below) expressing Sarah (Caribou Barbie) Palin's viewpoint on and understanding of the US economy.

Both articles allude to Ms. Palin's lack of understanding of how the mortgage system works. But it's OK, really! Only about half of US home mortgages are linked to FMFM, so if we all screw it up we'll only owe about a zillion dollars to overseas banks.

Now, I don't follow this any more closely than other citizens, but I've known since I bought my first house 30 years ago that FMFM are not government agencies. How can one be governor of a state and not know it?

What are Fannie Mae and Freddie Mac?
More of the McSame

Verry skerry, you're probably thinking!

RC