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Palin's Ayers, Fannie, Iran attack

From NBC/NJ's Matthew Berger

JACKSONVILLE, Fla. -- Palin made light of Obama's claims of not knowing the background of former terrorist Bill Ayers, suggesting the Democratic candidate may cite limited knowledge of other world issues.

"You know, what's next? Claiming that he didn't know two of his biggest supporters were running Fannie Mae, the sub-prime mortgage giant?" Palin asked several thousand supporters at Jacksonville Landing, overlooking the St. John's River. "And since he got called out on his plans to meet unconditionally with terrorist state leaders like Ahmadinejad, will he now claim he was unaware of his radical backgrounds?

Palin continued the storyline on her second day of multiple rallies in Florida. She took her message to Jacksonville, a more conservative city in the Northeast part of the state, before heading to Pensacola and Greenville, N.C.

Palin will be in North Carolina during the presidential debate, and said the town hall forum will showcase the contrasts between the two candidates.

"We'll see the difference between a politician who puts his faith in government and a leader who puts his faith in you," she said. "The difference between inspiring words and inspiring deeds. And you're gonna see the difference between a politician who observes and analyzes us, and a leader who understands us. In short Florida, it's gonna be the difference between a guy who makes big promises and a guy who gets things done."

Palin also reiterated McCain's message of economic recovery, saying a Republican administration would impose a spending freeze on government.

"It will cover all but the most vital functions," she said. "We have to do this because we have to get in there and review every federal agency, every part of federal government, and improve those parts that need improving and eliminate those parts that aren't working for the American people."

She also said McCain would reduce the national debt.

"We will confront the $10 trillion debt that the federal government has run up and that we're gonna be handing off to our children unless we do something about it today," she said. "We will balance the federal budget."