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Sarah Palin on FOX News Channel's "Hannity & Colmes" defends McCain claiming economy "fundamentals" strong. Excerpts

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WASHINGTON---Sarah Palin, on FOX News Channel's "Hannity & Colmes"--her second big national interview--defends John McCain for saying the "fundamentals" of the economy are strong as the meltdown continues. The latest: Lehman Brothers and AIG, the insurance giant failing. Barack Obama has been slamming McCain on the stump and in paid ads for being out of touch on populist pocketbook issues. McCain was put on the defensive, having to explain what he really intended to say, which Palin channels in her FOX interview.


On reaction to Obama's attack on McCain for saying that the "fundamentals" of the economy are strong:

"Well, it was an unfair attack on the verbiage that Senator McCain chose to use because the fundamentals, as he was having to explain afterwards, he means our workforce, he means the ingenuity of the American people. And of course, that is strong and that is the foundation of our economy," Palin said.

GOV. SARAH PALIN TELLS FOX NEWS CHANNEL'S SEAN HANNITY

'THE CORRUPTION ON WALL STREET' IS RESPONSIBLE FOR THE FAILING INSTITUTIONS

Palin: 'CEO's and Top Management' Have Been 'Addicted' to 'O-P-M, Other People's Money'

In a two-part interview, with the first part airing tonight on FOX News Channel's "Hannity & Colmes" at 9PM, Governor Sarah Palin talks about the economy and who is to blame and her and McCain's strategy to try to fix it. Excerpts of the first part of the interview are below. Thursday night's excerpts will be released tomorrow.

*Mandatory Credit: FOX News Channel's "Hannity & Colmes"

On who is responsible for the failing financial institutions:

"I think the corruption on Wall Street. That's to blame. And that violation of the public trust. And that contract that should be inherent in corporations who are spending, investing other people's money, the abuse of that is what has got to stop.

"And it's a matter, too, of some of these CEOs and top management people, and shareholders too not holding that management accountable, being addicted to, we call it, OPM, O-P-M, "other people's money."

"Spending that, investing that, not using the prudence that we expect of them. But here again, government has got to play an appropriate role in the stringent oversight, making sure that those abuses stop."

On fixing the economy:

"Through reform, absolutely. Look at the oversight that has been lack, I believe, here at the 1930s type of regulatory regime overseeing some of these corporations. And we've got to get a more coordinated and a much more stringent oversight regime...government can play a very, very appropriate role in the oversight as people are trusting these companies with their life savings, with their investments, with their insurance policies, and construction bonds, and everything else.

"When we see the collapse that we're seeing today, you know that something is broken and John McCain has a great plan to get in there and fix it."

On the danger of a presidential candidate using the economy for political gain:

"Well, there is a danger in allowing some obsessive partisanship to get into the issue that we're talking about today...It is that profound and that important an issue that we work together on this, and not just let one party try to kind of grab it all or capture it all and pretend like they have all the answers. It's going to take everybody working together on this."

On the government's bailout of AIG:

"I do not like the idea though of taxpayers being used to bailout these corporations. Today it was AIG, important call there, though, because of the construction bonds and the insurance carrier duties of AIG."

"But first and foremost, taxpayers cannot be looked to as the bailout, as the solution to the problems on Wall Street."

On reaction to Obama's attack on McCain for saying that the "fundamentals" of the economy are strong:

"Well, it was an unfair attack on the verbiage that Senator McCain chose to use because the fundamentals, as he was having to explain afterwards, he means our workforce, he means the ingenuity of the American people. And of course, that is strong and that is the foundation of our economy."

"Certainly it is a mess though, the economy is a mess. And there have been abuses on Wall Street and that adversely effects Main Street."

"It is, somebody was saying this morning, a toxic waste there on Wall Street, affecting Main Street. And we've got to cure this."

On how she and McCain can follow through on their promises in a divided Washington:

"Yes it is gridlock and that's ridiculous. That's why we don't have an energy policy, that's why there hasn't been the reform of the abuse of the earmark process. And real reform is tough, and you do ruffle feathers along the way. But John McCain has that streak of independence in him that I think is very, very important in America today in our leadership. I have that within me also. And that's why John McCain tapped me to be a team of mavericks, of independents coming in there without the allegiances to that cronyism, to that good ole' boy system. I'm certainly a Washington outsider and I'm proud of that because I think that that is what we need also."

On drilling and ANWR:

"But, no secret, John McCain and I agree to disagree on that one. And I'm going to keep working on him with ANWR.

"Well, I'm very, very encouraged, as we all understand that John McCain knows, more so than any other leader in our nation today, that for national security reasons we must be an energy independent nation. We must start taking the steps to get there. That's why he has embraced offshore drilling. That's why he has embraced the ideal of the alternative fuels also. And I'll keep working on him with ANWR."

"It's a nice thing about him, too, is he is not asking me or anybody else to check our opinions at the door. He wants that healthy deliberation and debate with it."

On her family's reaction to being picked as John McCain's running mate:

"It was a time of asking the girls to vote on it, anyway. And they voted unanimously, yes. Didn't bother asking my son because, you know, he's going to be off doing his thing anyway, so he wouldn't be so impacted by, at least, the campaign period here. So ask the girls what they thought and they're like, absolutely. Let's do this, mom."

On if the political attacks by the Democrats on the Republicans will be effective:

"You can't underestimate the wisdom of the people of America. They're seeing through the rhetoric, and they're seeing through a lot of the political cheap shots, also. And they're getting down to the facts and the voting records that are going to show that stark contrast."

On if Republicans in Washington have lost their way in recent years:

"I believe that Republicans in Washington have got to understand that the people of America are not fully satisfied with all the -- all the dealings within the party. The same -- it applies for the other party, also. Americans are just getting sick and tired of politics as usual, that embracing of the status quo, going with the flow and just assuming that the people of America are not noticing that we have opportunities for good change. We have opportunity for a healthier, safer, more prosperous and energy-independent nation at this time. People are getting tired of a process that's not allowing that process -- that progress to be ushered in."

On if she's spoken to McCain about her role in a McCain administration:

"Sure have. I'm very excited about the role that I will play as his partner. And I will focus on energy independence and reform overall of Washington and tax cuts for Americans and reigning in spending."

On how she thinks Americans will be impacted if energy dependency isn't solved:

"In that $700 billion transfer of wealth, that's when the price of oil was up as high as it was there at the $140 mark. But, of course, that transfer of wealth, still, that imbalance of trade is something that we need to tackle also. Yes, those dollars should be circulating within our own economy. It's a matter of national security. It is a matter of our future prosperity. Energy is inherently linked to security and prosperity."

"We sort of have a "do nothing Senate" right now where nobody's wanting to really pick up the ball and run with it and take the steps that we have to take to become more energy independent. And it's going to take...a change in leadership in order to really crush that gridlock and get going on this."

###

34 Comments

Generally, I am a strong supporter of Govenor Palin. However, her comment on earmarks seemed very different than how she behaved as govenor. I would like her to explain the specifics of earmark reform in Washington and compare them in some detail as to how she did it in Alaska.

I liked Palin's comments. One can tell where she is coming from.

I believe Mrs. Palin was not critical enough in her comments about the "establishment" in Washington, D.C. This congress (and the majority of them are Democrats) have done essetially nothing for the people of the U.S. Their "good old boy club"(US Senate & the House of Representatives to some degree) have too many lawyers among them along with many other financially well to do individuals. It seems the majority of them are the only ones ever elected to office in Washington. The average citizen has no chance or opportunity in becoming elected to a high office unless you have the money to run a campaign.
What Mrs. Palin did not comment about is the mockery the House made of their passage of off shore drilling at 50 miles plus. What a laugh for a piece of legislation. There are so many protective safeguards now days about drilling.

Say what???? I'm guessing the caribou she shot was more articulate and meaningful than this (and that was after she shot it!)

She really said nothing at all that I could make out other than how she is going to be McCain's partner (scarey thought) and together they will clean up Washington. This from a woman who is trying to stop an investigation of ethics in her own state. There were no plans about how these two are going to clean up Washington. Isn't that where McCain has been for the last 26 years. And wasn't he the Chair of Commerce and Banking? I thought Sarah was very much against government being involved with Wallstreet and economics. Our country faces so many problems that we should be looking for someone who is smart, knows economics and who isn't just like me.....I don't want someone just like me....I want someone really, really smart and who we can trust. After the ads that McCain and Palin have used, how can we trust them. They are Republicans and that's how they win elections, by being very low and very dirty. Haven't we had enough> Can't we see through this silly woman's views in her very expensive suits.

I hope Palin will focus her future remarks at the Democrats close ties to Freddie Mac and Fannie May.It was John McCain that warned earlier of there poor practices, challenge the media to look it up and do there job.
That the off shore drilling bill offered by the Democrats that was brought forward only under mounting pressure falls short, with its lack of State incentives and drilling where the largest reserves are.
This is because the strong and powerful group inside their party that do not want drilling ,coal,or oil refineries.
Palin should take a shot at Nancy P. about her not referring to Natural Gas as a Carbon Based fuel.Open up to interviews and focus on the fact that you don't need a telepromture to speaking for her.

About Earmark Reform

Earmarks are a legitimate way for communities to tap into federal funds for special projects (like bridges, roads, etc.). Unfortunately they've become a source and a sign of the corrution going on in Washington.

Sarah Palin cut the number of earmarks Alaska had been getting in half. And more importantly, she stopped the practice of sneeking earmarks into huge bills so nobody even realized they were voting for them. For example, both Obama and Biden voted FOR the bridge to nowhere, but probably weren't aware of it when they voted.

You can see how easily the system is corrupted by bribery and back-door dealing. Palin requested earmarks whe felt were appropriate but listed them up front so everyone could see what she was doing and had the opportunity to object.

She also put the State's checkbook online so everyone could see exactly where their money was being spent. That action alone cut a lot of waste from the budget.

She's goooood....

My (admittedly Australian) dictionary defines 'verbiage', the noun Palin used for McCain's language in describing the state of the economy, as 'abundance of useless words, as in writing or speech; wordiness'. Say no more. The written transcript of her recent interview, stripped of any endearing visuals, does suggest that Palin also excels in verbiage.

Blah blah blah...Hannity is a racist right against Blacks and anybody not part of his good ole boy network..He(and the Repugnants) love their blonde - brunette creation...they are sorry she sounds like the peroxide is coming through now.

Sarah Palin proves, once again, that she is nowhere near up to the task of being president. She has demonstrated an understanding of absolutely nothing.
Drilling in ANWR, like off-shore drilling, is a red herring. Such efforts will do nothing to help ensure our energy independence. Nothing. Nada. Zilch.
And drilling in ANWR, in particular, would come at a significant environmental cost.
The US must turn its attention to the development of alternative energy sources if we really are to break our dependence on oil and fight the threat of global climate change, and Ms. Palin has NO experience, NO expertise, and, as far as anyone knows, NO interest in solar energy, wind power, geothermal energy, OTEC, hydrogen fuel cells, etc. McCain's promotion of Palin as an energy maven is just more of the same stupid, insulting, dishonest, cynical crap he's been peddling ever since his campaign began.
The John McCain who many of us admired for so long is gone. He has been replaced by a hollow, vapid, pandering, old geezer with bad judgment and too many houses.
Enough, already.

Julie -
US) The manner in which something is expressed in words;
use concise military verbiage- G.S. Patton

Obama just lost all the “girls”. Now he’s freaking out with Palin on McCain’s side.

Obama will have a difficult time regaining any momentum, now that the new girl in town, Sarah Palin has spoken. Obama and his clan of far left radicals may have lost his minimal lead permanently.

Palin’s convention speech was tremendous. Hillary’s speech was terrific. We have seen two women with ambition and love for our country demonstrate to the world a vitality that will not be forgotten.

With Hillary Clinton, Barack Obama could have made history - but instead, Obama chose not to do so. Now McCain and his VP pick are doing just that.

Obama hogged history. So Hillary’s 18 million voters watching her speech will likely produce no gain for Obama. Instead, it will lay the basis for a lasting resentment at Obama’s failure to select her as VP. Palin’s presence was the icing on the cake.

Obama can't win the votes of women, especially older women.

The combination of Hillary's speech the other night and Sarah Palin’s speech, made Obama's chance of winning those women voters a lot harder, if not impossible.

Obama just lost all the “girls”. Now he’s freaking out with Palin on McCain’s side.

Obama will have a difficult time regaining any momentum, now that the new girl in town, Sarah Palin has spoken. Obama and his clan of far left radicals may have lost his minimal lead permanently.

Palin’s convention speech was tremendous. Hillary’s speech was terrific. We have seen two women with ambition and love for our country demonstrate to the world a vitality that will not be forgotten.

With Hillary Clinton, Barack Obama could have made history - but instead, Obama chose not to do so. Now McCain and his VP pick are doing just that.

Obama hogged history. So Hillary’s 18 million voters watching her speech will likely produce no gain for Obama. Instead, it will lay the basis for a lasting resentment at Obama’s failure to select her as VP. Palin’s presence was the icing on the cake.

Obama can't win the votes of women, especially older women.

The combination of Hillary's speech the other night and Sarah Palin’s speech, made Obama's chance of winning those women voters a lot harder, if not impossible.

I think Sarah Plain qualifies as a great model for a new collector's edition doll: CARIBOU BARBIE. Mattel can outfit her with a toy gun and a few dead toy wolves then send the living Palin around to promote sales of this new Barbie. Profits from the sales can then be donated to the government to help reduce the national debt and stimulate the economy.

We can't afford to have this bimbo anywhere near the Oval Office. She's scary dumb.

This woman is a pathological liar-what happened to agreeing immediately and never blinking when she was asked if she wanted to be VP?-and NOW a water-carrier, which she claims she never was before. A reformer! A maverick!

I bet we're all workers here, to one degree or another. Who thinks they are what McSame was referring to when he said "fundamentals?"

I and millions of other Americans didn't watch the interview, and nor am I interested. The Palin bubble has burst and left a trail of lies, scandal, executive power abuse, and disrespect for the legal system of this country. I wonder if she really knew who she was getting in bed with when you got on McSame's team. She may have had a future in politics, but I look for her to fade into snow capped hills of Alaska in the coming weeks, or get abducted by an Alaskan moose.

Does Sweet also give her credit for using the word verbiage twice? Either she is dumber that a box of rocks or she is telling it like it is. A community college and Internet education can only get you so far. And people want her to be a heartbeat away from being a world leader? Ouch.


"TEAM OF MAVERICKS" ? YOU MEAN "TEAM OF CLOWNS".

IT IS NOT ENOUGH TO TELL US WHAT THE PROBLEMS ARE: WASHINGTON HAS TO BE FIXED, WALL STREET HAS TO BE FIXED, THE TRADE IMBALANCE HAS TO BE FIXED, DEPENDENCY ON FOREIGN OIL HAS TO BE FIXED.

HOW ABOUT PROVIDING SOME SOLUTIONS. EVERYONE KNOWS WHAT THE PROBLEMS ARE. IF ANYONE BELIEVES THAT JOHN MCCAIN AND SARAH PALIN HAVE SOLUTIONS, YOU PROBABLY ALSO BELIEVE IN THE TOOTH FAIRY.

The cleaning lady at my school is so wonderful! She is very confident and holds some very strong opinions. Sometimes, though, when she starts to defend ideas that she doesn't fully understand, she throws out a lot of words she has memorized, but together they don't make much sense. This woman is great though, and I hope she will run for vice president next time!!!

Funny when liberals want to attact the Republicans they come out with headlines that read "Oh my gosh McCain thinks the economy is stong" but as always, there is more to the story. McCain is talking about "We The People". something the liberals have forgotten about. As a 6th great-grandson of a signer of the Declaration of Indpendence; I want to take a line from Michele Obama, I am NOT for the first time proud of my country, but I think alot of us have reignited that fervor that "We" are the people that can return to the roots of the
Greatest Generation", we are Americans, we can and will stand up for whats right. and finally we have people running for office that are a microcaysam of US.

Hannity is a toolbox.

PALIN IS GOOD AT MEMORIZING AND HANNITY IS GOOD
AT PRETENDING HE KNOWS WHAT HE IS DOING!

Sarah Palin's comments are all scripted. It is really scary to think that she could run this country one day in the future if Republican's win the election. I really think people are waking up to the fact that she was not picked for credentials but as a shakeup to someone's presidential campaign that was going down fast.

"The Real Scoop On Palin’s Staged Town Hall Meeting — Another Pretend Moment!

http://www.washingtonmonthly.com/

So, what was the catch? Unlike most town-hall events, which are open to the public, include diverse crowds, and no one needs an advance invitation, this event was for ticket-holders only. And the only way to get a ticket was through the local Republican Party, after an advance RSVP. No wonder Palin was prepared to play “stump the candidate” — it was a very friendly crowd that had no interest in testing her.

It doesn’t exactly sound like a vote of confidence in the candidates’ ability to answer tough questions, does it?"

How long will the GOP continue to get away with lying, cheating and deceiving the American people?


I find it very interesting that so many "Palin-haters" are posting comments on this blog. It seems that they are monitoring all of the these conservative sites like hawks, pouncing on the truth in a pathetic attempt to destroy it, like a lion on fresh kill. Too bad all it makes them look like is exactly what they have become...desperate and running scared! Good! They defintely should be because at least they are smart enough to recognize that their "golden boy" is going down...down...down. And their helping it happen....keep pouncing:)


I find it very interesting that so many "Palin-haters" are posting comments on this blog. It seems that they are monitoring all of the these conservative sites like hawks, pouncing on the truth in a pathetic attempt to destroy it, like a lion on fresh kill. Too bad all it makes them look like is exactly what they have become...desperate and running scared! Good! They defintely should be because at least they are smart enough to recognize that their "golden boy" is going down...down...down. And they're helping it happen....keep pouncing:)

Palin didn't say much of anything but maybe something was left out of the transcipt. Then again, it took her 5 years and 4 different colleges to graduate and didn't she think the country's founding father's included "Under God" in the Pledge of Allegiance?

Charles Gibson and Hannity & Colmes on Fox, eh? Sounds like they're really throwing Ms. Palin to the wolves. Baptism by fire, not really, baptism by cuddly, softball-tossing kittens is more like it.

And guys, when anyone talks about the "Fundamentals" of the American economy, they're not talking about the American worker. Stop insulting our intelligence. In economic parlance, when one's talking about the Fundamentals of our economy, they're talking about a myriad of indicators that guage the pulse of what is happening in our economic system.. i.e. inflation, GDP, unemployment, the savings rate, national debt, the balance of trade, strength of the dollar, etc., etc., etc.... and the it's arguable whether or not currently the fundamentals are "strong" (it's a relative term.. they're definately strong relative to Zimbabwe...), but it's not arguable as to which direction the trend line is (for those of you living in a bubble, it's DOWN.. SHARPLY DOWN).

John McCain is at best arguably correct on a tentative basis with his "fundamentals" comments, but he's also at best coming off as a bit disconnected with what's going on in Wall Street and Main Street.

But bottom line... Stop insulting our intelligence with this "it's the workers" backpedal & spin maneuver on his Fundamentals comment. That just makes you look more like a dolt on economic matters.. if you don't even know what "Fundamentals" refers to in economic parlance, then you just shouldn't be commenting on them at all.

It's a shame that people have to attack a person when they feel threatened. And it's also a shame that the "media" doesn't share the whole truth about both candidates and their running mates. It's amazing to me that the media is making sure they share all their opinions / negative feed-back on republicans and forget that there are many hidden skeletons in the democrat's closets -- guess we don't hear about those and when we do they are covered up so that the public doesn't hear the whole story. My hope is that ALL people will really look closely at both candidates and do their own research since the media is definitely pushing the democrats. I hope we're not just puppets listening to the lies of the media and deciding to make a wise choice in this critical time of our country. We can pretend that all the woes of this country are the fault of the Republican Party and if we do, how uninformed we really are. My hope is that we don't discount a party because they are PRO Life and that we look at the character of the people running. In these times where it seems the USA is falling apart, who really has a love for this country. And just a side note, it's interesting that McCain back in 2005 warned everyone about the greed with the Freddie Mac & Fannie Mae companies - and interesting that some of those greedy corporate heads are now working for the democrats -- oh but lets not let the public know about that one...

You know what is really scary? It is the fact that any of you believe that Obama OR McCain are really going to make a difference. The three senators in the race, folks, have all contributed to the situation that we are in. I'll vote for the one that will push for a Constitutional amendment for term limitation and governmental control of campaign financing. It is only then that we will start to get choices. For now, you get what they give you. Just don't let the Donkeys and the Elephants take your brain out and play with it. The President is just a sock puppet for the powers behind the throne. McCain or Obama will be no different.

It seems the majority of the bashing of Palin that is going on is from people who are evidently basing their opinions on what the media is reporting. Come live in Alaska for a little while (oh, that probably wouldn't do~you couldn't handle the cold or the dark long enough) OR at least investigate on your own and increase your knowledge base of the issues here and abroad before making your knee jerk judgments. You guys have NO IDEA what you are talking about. Half of you probably think we all still live in igloos. Educate yourself before shooting off your loose cannons. THE MAINSTREAM MEDIA IS GIVING YOU THE SENSATIONALISM YOU FEED ON DAY IN AND DAY OUT. Try learning the truth for once and don't believe everything that is reported. Bottom line for the 2008 election: Want to kiss and make up with the terrorism that caused 9/11 or do you want a solid 100% I love America and want to see it thrive WILL~DO attitude in the oval office. Oh, please, check your chauvinism at the door.

I want to know just one thing.
When it come to all these women who is mad at Obama for not picking Hillary. Well I feel that Hillary have a goal of her own and I know that she will not let this stop her from being President. She will run again.(I believe in 2012) With that said I like to know why would you women that love what Hillary have done for the women's movement and all of her hard work let another woman get the glory. I feel that Hillary deserve to be the first woman in the White house as President she earn that much, and for you women that want to teach Obama a lesson, even if it means selling Hillary out, or better yet, giving Palin the chance to beat out Hillary as the first woman President is a slap in the face to Hillary. Just remember it is Hillary who deserve that right not Palin. So quit selling Hillary out to that woman who is trying to steal what rightful belong to the woman that started the women movement again, and who will take the women to where you all want to go.

HILLARY WON'T RUN IN 2012, THAT WILL BE THE
BEGINNING OF THE SECOND TERM OF PRESIDENT OBAMA!
AND THAT'S THE TRUTH RUTH!
BANK ON IT!
BARACK OBAMA IS GOING TO MAKE AMERICA A PLACE
WHERE ALL AMERICANS CAN PROSPER, NOT JUST THE
RICH AND SILVER SPOON CROWD, EVERYONE!

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Lynn Sweet

Lynn Sweet is a columnist and the Washington Bureau Chief for the Chicago Sun-Times.

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This page contains a single entry by Lynn Sweet published on September 17, 2008 5:46 PM.

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