A friend writes: This is a 57 states moment. Here is the transcript: Obama: “…we’ holding assets long enough that eventually taxpayers get it back and that happened during the Great Depression when Roosevelt purchased a whole bunch of homes,” Obama is talking about the present bailout that will return a profit – only problem is that FDR never did such a thing. Gaffe city? Jonah? Amity?
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About the Author
Historian Richard Brookhiser is a senior editor of National Review and a senior fellow at the National Review Institute.
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