Your Daily Reminder That Sarah Palin Is A Tool

From Wonkette:

WHAT’S ALASKAN FOR ‘IGNORANT’? Asked about the housing collapse and emergency government takeover of mortgage giants Fannie Mae and Freddie Mac, Sarah Palin said they had “gotten too big and too expensive to the taxpayers.” Both are private corporations — or were until they were bailed out over the weekend by the Bush Administration and, uh, the taxpayers.