What are Sarah Palin's proposed solutions to the Freddie Mac/Fannie Mae crisis, and the ratings agency crisis?

Question

There is not a single thing in Palin's public statements addressing either of these issues - unlike MITT ROMNEY, who had comprehensive plans, and talked in-depth about the problem of ratings agencies extending AA-ratings to mortgage-backed exotic securities.

So anyhow, what is Palin's opinion on this issue, and what are her proposed solutions? This is critical stuff; it has to do with the integrity of the financial system itself, and America's leaders need to have ideas on how to address this. Bush didn't - he farmed all this out to an underfunded SEC and self-dealing former Wall Street executives like John Snow and Henry Paulson.

Can Palin even explain WHY it might be a BAD IDEA to make such appointments - or is she too stupid on the issues to do that, UNLIKE MITT ROMNEY.

I'm sorry, but this is unacceptable. McCain clearly doesn't have America's best interests at heart if he ignored Romney to pick the inexperienced Palin, and the Barr ticket looks more appealing by the day. At least Barr knows what a credit default swap IS!

Answer 1

well i was disappointed at first, but the more I think about it. He was correct to pick her... I sure as h**l dont want Obama in the white house... and I believe with Palin, the republican ticket will win easily.. women voters make up 54% of all voters... the religious folks like her, nra likes her,she hasnt been in washington so they cant blame her on any thing in the past, she is for oil, yet she man handled exxon in alaska.... I think the democrats are sunk since McCain picked her.. I personally do not believe he could have made a better choice to win the election.. she may not be the best person for the job.. i dont know.. but I believe she is the best person to help him win the election..My wife never gets to excited about elections and she is already sold on the woman.. I think many women are going to be the same..and like I said I for one sure as h**l dont want a socialist like obama in the white house.. I think mccain did the right thing by picking her..

Answer 2

We all (most of us anyway) have areas of expertise. If the governor is not knowledgeable of those specific issues, I'm sure she will have access to those who are to help her make an informed decision. Sounds like you are quite the expert, maybe you should offer your services to her. I'm sure we would all be better off with your help.

Answer 3

Wouldn't that question be better directed at Obama and McCain...me thinks your jumping the gun a little bit fella.

Answer 4

Palin has been Governor of Alaska, not running for President like Romney....

She was first asked this week to be VP, I'm sure she hasn't had time to formulate anything yet...

In any case Sarah will be ready, when needed, she's that kind of person....

I would not have voted for Romney for dogcatcher..........Romneys main purpose in life, is to fill Romneys pockets....

Answer 5

Have any of the candidates addressed the Fannies issue?  Her experise is management.  She's not going to address an issue till it's put on her plate.  She's the only one on the tickets who does have administrative experience,  She's done a lot for Alaska and has made the Big Oil companies pay their dues.

She brings refreshing exuberance to the GOP.  And remember she didn't ask for this.  It came to her.  Giver her a chance to respond when it's her call.  Don't judge her by standards you don't put to other candidates.

Answer 6

A free market always corrects itself.  If the Govt. had of left it alone, their would be no problem!!!!

Answer 7

Well, lets wait until Palin talks about this. I'm sure she will soon.

Answer 8

Oh come on.  What are McCain's?  Obama's?

They suck.

Left to herself Palin might ask Ron Paul for advice, but that will never happen w/ McCain at the top of the ticket.

Answer 9

Sparky Gov Palin is a VP choice, NOT a Presidential candidate its okay when you learn how our government works you can ask again

McCain Palin will WIN in 08

PS what is Bidens comments on the same issue? (sound of crickets)  

Answer 10

Hey...sweet cheeks thinks there aint NOTHING this bod can't resolve...

http://farm3.static.flickr.com/2351/1903...

Answer 11

I do not think it is the government's job to make freddie mac and fannie survive.  companies need to survive on their own. If they can't, they should promptly go out of business.  It would be socialist behavior for government to help failing companies. If a student is failing in a course, does the professor still try to pass him?

Bottom line is that no matter what attempts or rescue plan is made by government to help Freddie Mac and Fannie Mae, they will still fail.

It is inevitable that both these companies are doomed and will not exist very soon from now.

Answer 12

Look the mortgage industry put themselves into the current situation and now are looking for a handout to bail theirself out.

Add to this the people who lied about their income and took out 50 year loans to buy a house they could not afford to pay for and maintain, They did it to theirself also.

tcw

Answer 13

Sorry, she has NO OPINION on the matter (not sure if she even knows there is a crisis). She might be a great woman and a great mom but NOT a Presidential VP candidate paired with a 72 year old.

http://www.ontheissues.org/Sarah_Palin.h...

Answer 14

Well she's given 2 speeches so far and all it has been is introducing herself to the nation because nobody knows who the h**l she is.

So I'm guessing she has no opinions on this matter.

Answer 15

I say let them fail. The market will never correct if they keep on propping it up.

Answer 16

I have a solution to our debt problems...quit spending what you don't have! Don't buy a house until you can pay it off. If you live at a cheap apartment for 7 years and save the difference, you can buy a house without paying interest. If I ran for president, I would tell Americans to quit trying to catch up with the Jones so quickly. Nobody likes to hear the truth, so that's while I'll never be in politics.

Answer 17

What's her plan to save the Whales while you're at it?

And just what is OBAMA's master plan for Freddie Mac? He was asked that very question this month in Iowa, and his response was basically that we can't allow it to collapse because ""You probably couldn't get a mortgage."

It's been two whole days since Palin was announced as a running mate. Romney may have had all of his i's dotted and his t's crossed 'just in case' -- but it didn't happen.  Sorry you're having a major crisis with it...

Why don't you cool your jets and give her a week or two before jumping out of the gate like a freakin' brama bull?