More from the Palin interview:
On AIG getting government bailout:“Well, you know, first, Fannie and Freddie, different because quasi-government agencies there where government had to step in because of the adverse impacts all across our nation, especially with homeowners.”
“It’s just too impacting, we had to step in there. I do not like the idea though of taxpayers being used to bailout these corporations. Today it was AIG, important call there, though, because of the construction bonds and the insurance carrier duties of AIG.”
AIG got in a mess selling Credit Default Swaps.
Palin is clearly who I want leading me through this economic meltdown.
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