"You probably never heard of Fannie Mae"

[TACstrat]

Anyone else catch this? McCain basically told a voter that the voter is so dumb he never heard of Fannie Mae before. Probably didn't help that the guy happened to be black. The guy (and Barack) both were smiling at McCain after the gaff.

[anonymous171]

1. McCain doesn't understand that Americans actually pay attention to the economy

instead of William Ayers.

[ayeshahaqqiqa]

2. Oh yeah

I think everyone has heard of Fannie and Freddie.

[GreenPartyVoter]

3. Yeah, that was uber condescending.

[greyl]

4. Yeah, that was f'd up and condescending as hell. nt

[npk]

5. Well to be fair, his running mate hadn't heard of it either. n/t

[The Wielding Truth]

6. He's used to talking to his RW crowd.That connects with them.

[JBoy]

7. That was one of McGrampy's first fuckups.

[texpatriot2004]

8. Cranky old man McSame. Wasn't that the same person McSame

corrected referring to the "bailout" as a "rescue plan?"

[holiday]

9. I thought the same thing!! And I did notice that guy laughing

you could tell he was thinking "you jerk of course I have heard of them" lol

[Danmel]

10. My thoughts exactly

I said to my husband: "Think he'd say that to a white guy?"

Reminded me of trading places when the Dukes are explaining commdotities to Billy Ray

[Willo]

11. Very few people know Fannie and Freddie except

Home owners (past and present)
Home seekers
People who read or watch the news

Yep, very few Americans.

[Higher Standard]

12. Very condescending

That statement screamed out to me "I know more than you do, so you'd better believe me."

[morillon]

13. It seemed racist as hell to me.

I just don't think he would've said that to a white person.

[sad sally]

14. Pueblo CO last Friday:

he said the same thing to the audience: "until a couple of weeks ago you hadn't even heard of Fannie Mae or Freddie Mac - you didn't even know what that meant."

My husband and I about feel off the couch! Maybe it's the other way around, maybe John McCain just learned what they meant a few weeks before that. His condescending manner toward people is to say the least outrageous and dangerous.

[JI7]

15. that was his own dumb ass VP who didn't know what Fannie Mae was

[Obamarulz11]

16. I saw it

[TACstrat]

17. I hope someone interviews that voter ...

and he has a phD in macroeconomics, pays a Fannie Mae backed mortgage, and is a gulf war vet.

[Jeff In Milwaukee]

18. He sounds more and more like Abe Simpson...

Back in MY DAY, we had a thing called money...

[1corona4u]

19. Oh yeah, very condescending.

[soothsayer]

20. And then he described them as though they sold mortgages directly to the public, which isn't so.

They buy the mortgages off of so-called 'primary lenders' that lend to the public. Fannie and Freddie just provide liquidity to the market, so banks and mortgage companies can keep lending.

[progressiveforever]

21. Fannie Mae, Sallie Mae....the middle class knows loans

We live that way...I am surprised who knows them...oh, they're his buddies