The context of Obama's quote suggests a different meaning. According to a transcript of a speech Obama gave in September 2007, he said subprime loans "started off as a good idea" -- helping make home ownership more affordable. But lenders, mortgage brokers and appraisers then abused the system in search of higher profits, he went on to say.
More frequently, some of the harshest attacks are coming from Palin. It was at a Palin rally Monday in Florida that Lee County Sheriff Mike Scott invoked Obama's middle name while making introductory remarks.
A Palin spokeswoman later called the comment "inappropriate."
Palin remains enormously popular on the campaign trail and got a raucous reception in Bethlehem, Pa.
"Sarah's hot!" one person shouted as she spoke here.
"Now what does that have to do with anything?" she parried.
Confronting voters, she said, is a choice between "a guy who's just gonna try to talk his way into the White House and an American hero who has served his country with courage and with honor."
The crowd chanted its approval of the GOP's newest star: "Sarah! Sarah! Sarah!"
For The Record
Los Angeles Times Thursday, October 16, 2008 Home Edition Main News Part A Page 2 National Desk 4 inches; 193 words Type of Material: Correction
Palin and Hannity: An article in the Oct. 9 Section A about the increasingly sharp attacks in the presidential campaign quoted Sarah Palin in an interview with Fox News' Sean Hannity, citing as a source the transcript distributed by the network. What the Republican vice presidential nominee actually said was different. The story quoted her as saying: "And -- not only those terrorist activities that Bill Ayers was involved in, but the questions need to be asked, I believe, when did Barack Obama know of these activities? We've heard so many confliction stories and flip-flop answers about when he knew the guy, did he realize that he knocked off his political career in the guy's living room?" Palin actually said: "And -- not only those atrocious activities that Bill Ayers was involved in, but the questions need to be asked, I believe, when did Barack Obama know of his activities? We've heard so many conflicting stories and flip-flopped answers about when he knew the guy, did he realize that he kicked off his political career in the guy's living room, first it was yes and then it was no . . . "