More evidence that Obama does not know what he is talking about...

From NRO:

Point on Last Night   [Rick Brookhiser]

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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