Video - Sarah Palin and Katie Couric discuss the bailouts - Sep. 2008
Before we get to her speech from last night, watch this and weep, er, I mean, get out your Palin-speak translator. Palin's bailout hypocrisy is perhaps greater than any other political figure besides Rick Perry. So we'll call it a tie between two idiots.
- Couric: Why isn't it better, Governor Palin, to spend $700 billion helping middle-class families who are struggling with health care, housing, gas and groceries? Allow them to spend more, and put more money into the economy, instead of helping these big financial institutions that played a role in creating this mess?
- Palin: That's why I say I, like every American I'm speaking with, we're ill about this position that we have been put in. Where it is the taxpayers looking to bail out. But ultimately, what the bailout does is help those who are concerned about the health care reform that is needed to help shore up our economy. Um, helping, oh, it's got to be about job creation, too. Shoring up our economy, and putting it back on the right track. So health care reform and reducing taxes and reining in spending has got to accompany tax reductions, and tax relief for Americans, and trade -- we have got to see trade as opportunity, not as, uh, competitive, um, scary thing, but one in five jobs created in the trade sector today. We've got to look at that as more opportunity. All of those things under the umbrella of job creation.
My commentary on Palin and bailouts is here:
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Now, listen to this speech she gave last night about the bailouts:
Sarah Palin says protesters in the Occupy movement are looking for a handout just like “Wall Street fat cats.”
“I would like to know that my federal government understands a vision that believes in empowerment versus entitlement,” Palin told an audience the Republican Party of Florida (RPOF) Victory Dinner Thursday. “To see this struggle in action, look no further than the Occupy Wall Street movement that is going on.”
“This Occupy Wall Street has — of course, when it first kind of got off the ground, people looked at it, I looked at it and was thinking these folks, they feel legitimate indignation about the Wall Street bailouts, financial institutions behaving recklessly and then we get stuck with the bill. And then three years later, many of us still quite ticked off because we don’t have assurances that those who caused the financial collapse in the first place, that they are being held accountable, and that it won’t happen again.”
She continued: “But this Occupy Wall Street crowd — now it seems to evolved a bit — Occupy Wall Street crowd is drawn now to, I believe, the wrong conclusions. They say, ‘Wall Street fat cats got a bail out, so now I want one too.’ And the correct answer is, ‘No one is entitled to a bailout.’”
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Here's the Rick Perry bailout story:
