I'm Speechless: Palin on the Bailout 48 comments
Zubin Jelveh
About this author:
-
Font Size:
-
Print
- TweetThis
Even if you're a Democrat, this will make you feel bad for Sarah Palin:
Here is a transcript from the program where Katie Couric discusses interviewing Palin with co-host Maggie Rodriguez:
RODRIGUEZ: So what were your impressions of the governor?
COURIC: Well, I think she is very confident and very cool, calm and collected under very difficult circumstances. Obviously, she has become an overnight sensation, an instant celebrity, but she seems to be taking it all in stride. I think she is boning up on a number of issues that she is not as familiar with as governor, and she does--she's not always responsive when she's asked questions and sometimes does slip back to her talking points. So it was a really interesting experience for me to interview her yesterday.
RODRIGUEZ: Let's see if that's the case here. We have an excerpt where you ask her about her opinion on the bailout.
COURIC: OK.
(Beginning of excerpt from "CBS Evening News")
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?
Governor SARAH PALIN (Republican, Vice Presidential Nominee): That's why I say I, like every American I'm speaking with, were 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, helping the--it's got to be all 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've got to see trade as opportunity not as a competitive, scary thing. But one in five jobs being created in the trade sector today, we've got to look at that as more opportunity. All those things under the umbrella of job creation. This bailout is a part of that.
What is Palin really saying? Let's break it down:
First, Palin suggests the bailout is tied to health care reform which will "shore up the economy." What is the link between the bailout and health care reform? Through the mechanism of "those who are concerned." Hmmm...OK, let's stay open-minded.
Second, health care reform is also tied to job creation, and since health care reform is linked to the bailout, therefore job creation must ALSO be linked to bailout. Now we're getting somewhere.
Third, Palin says health care reform is also tied to reducing taxes and reining in spending, and since health care reform is tied to the bailout, tax reduction and spending control must ALSO be linked to the bailout. Wow, this is quite brilliant. We're solving a lot of problems with this $700 billion.
Fourth, job creation -- which is linked to health care reform which is linked to the bailout -- just happens to be an important part of the trade sector, so trade, which we have to see as an opportunity, is an important part of the bailout package too.
For the visually minded, here is a flow chart of the Palin Economy
But I think I've detected why Palin sounded confused. As the chart above shows, it's not the banking system that needs fixing, but the health care system. But either way, she also does seem to be saying that not only will the bailout help us with the overall economy, but we'll also improve health care, jobs, trade, the budget, AND the tax system. Now that's a plan we can all get behind.
Related Articles
|
-
The Seeking Alpha 100
See allThe top 100 stock
market authors
selected for publication
Seeking Alpha 100 » -
Fastest Climbers
Authors with the largestSee all
increase in followers
in the last 7 days
Fastest Climbers » -
Top Commenters
Top commenters,See all
as ranked by their peers
Top Commenters » -
Top Instabloggers
The 100 most active
Instabloggers.-
1
TraderMark
-
2
Don Dion
-
3
Cliff Wachtel
-
4
Mike Havrilla
-
5
James Quinn
Top Instabloggers » -
1
-
Top StockTalkers
TopSee all
StockTalkers.
Top StockTalkers »
This article has 48 comments:
The entire interview which he refers to was loaded with absurdly compound questions which Governor Palin graciously attempted to answer.
There's little dout that Zubin Jelveh is a MoveOn and DailyKos member regurgitating the Democrat talking points that are emailed to him daily.
I don't know, the video kind of speaks for itself. I don't think any commentary is required to acknowledge how incoherent and unaware her response was.
David Brooks, George Will, Kathleen Parker and David Frum
politicalticker.blogs..../
Palin was either unprepared for the question, or else is just another fuzzy thinker who parrots the standard republican knee jerk response of "lower taxes, more jobs, etc" that is originally derived from Reagan's voodoo economics ~ "deficits don't matter".
It's hard to imagine any traditional "limited government" Republican attempting to facilitate a $700 billion bailout, layered on top of an existing (and chronic) $500 billion deficit. On the other hand, mountains of debt and deficits is the current zeitgeist.
This is a non-partisan problem, as BOTH parties have Wall Street crooks in their pockets. Anyone else out there as sick as I am of always having things done via the two-party system? We need leadership in times like this, and if it means a combination of both 'parties' then so be it.
Anyone else afraid of Obama's two top economic advisors being those same 'Wall Street crooks'??? It's like getting advice from a realtor on whether or not to buy a home.
Socialist "capitalists"
reverse-Robin Hood bailouts
Borrow and Squander Republicans (vs. Tax and Spend Democrats)
The hypocrisy and cognitive disconnect is staggering.
Answer: 1)Shes magnificently unprepared for the job of vice president
and 2) She is a heartbeat away from the presidency.
I agree with HARM...cognitive dissonance, disconnect, and hypocrisy is staggering.
"I personally believe that U.S. Americans are unable to do so because, uh, some, people out there in our nation don't have maps and, uh, I believe that our, uh, education like such as, uh, South Africa and, uh, the Iraq, everywhere like such as, and, I believe that they should, our education over here in the U.S. should help the U.S., uh, or, uh, should help South Africa and should help the Iraq and the Asian countries, so we will be able to build up our future, for our [children]."
- Miss South Carolina Teen USA for 2007
There are 2 huge missteps here for a campaign which claims
"Country First":-
1. McCain took a huge gamble in picking her as his running mate, which in itself is a big mistake (I guess he was desperate to get the women votes of Hillary)
2. Palin - who said she didnt even blink when accepting - should have blinked many times and thought it over 1000 times whether this is the best for the country rather than for her career.
Net net, if these two do actually manage to hoodwink the American people and win, I am moving to Canada, lock, stock and barrel.
Oh and getting ready to sell the US dollar BIG TIME.
"res ipsa locquitur"--the thing speaks for itself.
It's such a crackup to see these right wing morons blame her incoherent answer on the Left and Couric.
to begin with, but now it scares hell out of me it they would get elected
and something would happen to McCain! What Country shall I move to?
It was kind'a like watching your sister get a great new job as a newscaster on a local television program. Family and friend alike gather round for her premier- the 5pm Live at Five News Hour! All eyes peered to the crystal clear plasma image...3, 2, 1 ...shhh , shhh everyone commands their couch mate.
"There she is! There she is!" exclaims Pop. I muse to myself "that's my sister dressed with so much class, such poise, the makeup and lipstick are just right!".
And then...why does there always have to be a "and then"?; But there is.
And then...she opens her mouth, she drops all of her notes , ask a ridiculous unrelated question, and worse -says something absurd... "as everyone knows Mayor Bob's wife is an alcoholic" she confidently reports to the viewer-ship of 120,000 "
-no, only you knew that sis I silently mouth.
Shall we exhale? Everyone in the room loves her... you can tell by that involuntary nervous smile and cringe that distorts our faces.
Oh dam that feeling of embarrassment; you know the one... not the internal embarrassment you felt in high-school when Kyle the jock... I digress... but that embarrassment that compels one to reach for the mute button before it gets worse kind'a feeling. Alas Mom, the sage of the home, saves the day... "well why don't we get some pie" and hurriedly she clangs the china" adroitly averts, diverts and directs all attention to her delicious desert.
"Oh boy.. is this ever awkward", my musing continues But that's my sister... "
Mom interrupts my daze an offers a piece of warm pie to sooth my churning stomach. I cant eat... I know sis won't be keeping her job much longer that 6pm.
...Not now for the pie my gut protest . I look over to mom and say "I'll get back to you on that.."
Can you tell I am a lever pulling Republican?
Grab your congressman (by the throat if at all possible) and demand they read and LEARN the constitution, take your socialist programs that have sneaked into (maybe not since the great Johns Hopkins sponsored it)education and get educated on why you are being stolen into identity poverty, you are a social security number to a national debt collateral, your money is WORTHLESS (well, maybe not at the dollar general, but on the world scale it soon will be like the WWII german mark),you are voting and ignoring a pretty decent guy - Ron Paul, not perfect by any means, but superior to very very questionable choices you are so hot to defend, inclding a very embarrassing girl with as close to zero credentials as you can get in national politics.
What a year it will be!!!!!!
> Oh and getting ready to sell the US dollar BIG TIME.
it seems to me that not only the politicians are fond of lying about what they will AFTER the election, but average american shmoe enjoys doing it too - without thinking twice whether it is even remotely credible!
Second, Barack Obama is NOT MUSLIM, NOR WAS HE EVER! A new book out by WHITE Evangelical Minister OF 21 YEARS and has even preached in Jerry Falwell's church, Stephen Mansfield. Mansfield completely investigates Obama from his birth to the present. He stated the truth about his findings and actually, was very complimentary about Obama. The book is the Faith of Barack Obama! He feels that Obama is such a religious person that Obama brings his Evangelical faith forward in every aspect of his life. In fact, Mansfield mentions that if Obama was to become President, that he planned on increasing activities the Office of Faith-Based Initiatives that was started by George Bush.
The name is African FROM KENYA, not from a Muslim Country! Remember folks...he is half white and half black!!! Obama is a full-blown BAPTIZED EVANGELICAL CHRISTIAN!!! His father and mother married in Hawaii when both were college students there. They divorced when Obama was two years old. He only saw his real father one other time for a visit before his father died at a young age. His step-father (his mother's second marriage for only a couple of years) took them to Indonesia where Obama attended a Catholic School and then a Government School, he left there when he was only 11 years old and his mother divorced the step-father. They then returned to Hawaii and lived the rest of his school years with his WHITE mother in Hawaii. He also was very close to his mother's parents (his grandparents) both WHITE, who had a great deal of influence on him especially after his mother died of Breast Cancer at a very young age! His Grandfather having been a World War II Veteran and his Grandmother having worked in the factories during the war building things for the war effort!
Barack Obama is 51 years old! He is not a young man and worked his way through Harvard Law School after college. Not only was he involved with helping a community who had lost many steel industry jobs, much like the car industry losing jobs over the last eight years, but he was a State Senator (each state has senators that work in each state's capitol) for two years and knows about legislation issues.
He has been a Senator at the Federal Level for over two years, as well! Offering many bills to help the American Taxpayer.
The horrible lies and manipulations about Obama make me wonder if people remember where they all come from. How America started and unless you are a Native American Indian, your families came from some other country!!! England, Ireland, Italy, Russia, Germany and many of the middle-eastern countries, then Chinese have been here for centuries, as well as the Japanese. Now South Americans from all countries and others are here in masses! You all know how the Africans-Americans got here...sadly enough!
America was always known as a MELTING POT...A COMBINATION OF PEOPLE FROM ALL OVER THE WORLD! So when you hear all of the negatives and false information, you'd better look up where McCain was born...in the Panama Canal Zone! Read about how McCain treated his first wife and left her for Cindy, his second wife. How he basically abandoned his kids...he pays only $553.00 a month for his last child at home (as of his 2007 income tax form) and makes over $340,000 a year. They don't even count the Multi-million Dollar accounts of Cindy McCain (John files separately so that he only has to show his to the public). How he called his wife Cindy a C___t when she said something to him about his hair getting thin in front of three reporters in 1992! His entanglement with the Keating Five where he was involved in a scheme as a Senator...this you have to read about. His physically pushing Republican Senators around and yelling at them when he didn't like what they were doing...and pushing 95 year old Thurgood Marshall to the Senate Floor when he disagreed with him! In school, McCain was known as McNasty because he bullied and beat up kids! Yes he was a Prisoner of War, but there have been many before and after him. Not all of them worthy of running this country. I say this as because I have a family with a long-running military back-ground. Grandfather in WWI, Father in WWII, Uncle in Korean War, Brother in Vietnam War and Cambodia, and my son in a R.O.T.C. program.
Obama is for the people, for us, the taxpayers! No Corporation would ever dominate, use or abuse, and rob us again! We would not go to war for no reason other than to secure oil (still some believe the myths). This recession happened after Nixon, after Reagan, now after Bush!!! Does that set a certain pattern for you?
Don't forget that this administration has already siphoned out over $1.5 TRILLION DOLLARS from the Social Security Trust Fund, the Military Retirement Trust Fund, the Federal Employee Retirement Trust Fund, the Railroad Retirement Trust Fund, the American Indian Trust Funds and more TO FUND THE WAR...some of it used to back U.S. Treasury Bonds, used as collateral for the LOANS FROM 12 FOREIGN COUNTRIES THAT WE OWE BILLIONS TO ALREADY!
OVER $600 BILLION OWED TO COMMUNIST CHINA ALONE and that is where they will be borrowing the money for this $700 BILLION DOLLAR BAIL-OUT also backing it with our Retirement Trust Fund Money!
By the way, All of the money stolen from our Retirement Trust Funds has no plan to pay it back (with all of the Baby-Boomers getting ready to retire soon) and no way to pay it back! However, all of the money borrowed from the 12 foreign countries have a plan to pay it back and with high interest!!!
The Republican Guard and their 10 year hold on our economy has made big bucks for them!!! But not for the middle-class! How many jobs have they sent over-seas in order to pay less for labor??? MILLIONS OF JOBS OUTSOURCED!!! Henry Ford always said that he wanted to pay his workers a good salary so that they would be able to buy his cars and if they spent their money in their communities, then others would be able to buy his cars!!! But his own grandson, ruined it for Americans and don't cry for Ford or GM, since China now has so much money from U.S. Corporations and so many U.S. jobs, Ford and GM are the First and Third in car sales in China making big money!!!
We have been screwed over by our own wealthy who pay little or NO INCOME TAX!!! 52% of all Foreign and American Corporations functioning in the U.S. pay NO INCOME TAX!!! Obama wants them to pay their fair share!!! They use the bridges, the parks, the roadways, and such...why shouldn't they pay something!!! Many American Corporations send their money to the Cayman Islands to off-shore accounts in order not to pay money including Halliburton and its subsidiaries with Cheney making over 4000% increase in stock options in Halliburton since he took office in 2000!
If people only payed attention to some of the things some of the time...if they stopped text messaging once in a while and googled information about what is going on and getting the answers!!! If the No Child Left Behind didn't cause a limiting of knowledge to our children instead of opening their minds to everything then we wouldn't have so many who don't know how to think for themselves!!!
It is all part of George H.W. Bush's "NEW WORLD ORDER", IF YOU READ HIS ACCEPTANCE SPEECH AT HIS INAUGURAL AS PRESIDENT!!!
We have been "BUSH-WACKED" FELLOW AMERICANS...and HORN-SWAGGLED BY THE REPUBLICAN NEOCONS!!! WAKE-UP BEFORE IT IS TOO LATE!!! OBAMA IS A VERY GOOD MAN AND WILL BRING OUR COUNTRY BACK TO WHAT IT ONCE WAS!!! WE ARE HATED, HATED BY ALMOST EVERY COUNTRY IN THE WORLD...THERE IS A REASON FOR THAT AND IT HAS EFFECTED OUR ECONOMY!!! WE ARE NO LONGER ABLE TO PLAY GAMES WITH OUR ECONOMY, WITH OUR FOREIGN POLICIES...GET REAL!!! VOTE FOR SOMEONE INTELLIGENT AND CARING ABOUT ALL OF US...DON'T BELIEVE THE B.S.!!!
TOO OLD AND TOO PRETTY DOESN'T CUT IT IN TODAY'S MESS!!! BAD TEMPERS (THEY SAY MCCAIN IS MORE PRO-WAR THAN BUSH) AND A PRETTY FACE IS NOT WHAT MAKES US STRONG AND GREAT AGAIN...IT IS WHAT MAKES US THE LAUGHING STOCK OF THE WORLD!!!
OBAMA IS VERY INTELLIGENT AND FOR US, THE TAXPAYERS, AND OUR DOMESTIC ISSUES, JOE BIDEN IS VERY INTELLIGENT, HIGHLY EXPERIENCED IN FOREIGN AFFAIRS!!! THAT IS WHAT WILL BRING US BACK TO BE ON TOP!!! BUILD OUR MILITARY, BUILD OUR TREASURY BACK, AND BUILD OUR REPUTATION AS A STRONG, BUT CARING COUNTRY!!!
because they would leave the service, how about the conditions at veteran's hospitals he cares about you like he doesn't care for veterans, as espoused by a veterans group on Rachel Maddow's show
he will follow the same road as our current president hoover. he inherited a surplus and now he gave us 2008's version of the GREAT DEPRESSION II,
This humorous article certainly does belong here, as there is a chance McCain/Palin could be elected. Clearly no person, male nor female, should ever hold the vp job who isn't fully capable on all fronts (ESPECIALLY economic policy right now) of at least LEARNING what is necessary to do the job of president.
A decent high school debater could be prepared with canned acceptable answers to these easily anticipated interview questions. Why isn't Palin at least be able to FAKE preparedness with at least prepared, canned responses by now? I think her interviews speak to her inability to learn even to handle her present role as a running vp candidate. Enough to give any thinking American serious pause about her ability to develop preparedness for the highest office in the leading country in the world.
When McCain first introduced Palin, she delivered an energetic, enthusiastic and impressive speech, even as concerns of lack of experience might have nagged at us.
She now seems to have lost her initial enthusiasm and ebullient confidence. Her mind seems to be overwhelmed to the point that at times she can no longer communicate a logical thought, even one that could have been anticipated and prepared for. A “deer in the headlights” look has replaced the rah rah cute, quickness she exhibited in her first speech.
Sarah is 44, with a houseful of kids including one that will require intense physical and educational care. She drinks Red Bull to keep going. She is either in or approaching perimenopause (which could explain some of the mental confusion). The running exercise will help if she is able to keep it up, but Red Bull use, and increased demands, could increasingly create a physical and mental deficit, and it’s possible we are seeing that already.
I expect we’ll hear more canned answers Thursday night. But like a person in the dark, she often pulls the wrong cans of the shelf and mixes them up incongruously.
There had to be balance on the warmonger (proxy for elitist bankers):minority ratio or the whole thing would have been thrown off.
Folks, blame your own selves for this. You had a real choice. His name is Dr. Ron Paul. He has been telling us this fiscal nightmare was unavoidable if we kept the same path. But in your collective and infinite wisdom you decided he was not "presidential looking" and "not charismatic enough" and some other labels that have nothing to do with a sound understanding of monetary policy, foreign policy, protection of constitutional rights or any of the other really important considerations that we should be using to vote in our presidents.
Anyone that did not or does not support Ron Paul takes a share of blame in what has, is, and will happen to this country. Hint: meltdown economically, politically, socially. Want a taste? Google using keywords like Northcom Posse Comitatus "law enforcement" to see how this is all playing out.
The trap is being sprung on the sheeple and you stand there cow-eyed having no clue at all how you are being played.
we've had a few as president recently and they were typically more fiscally responsible than the senatorial presidents...
carter, reagon, clinton,
And to previous commenters, Sarah Palin is neither a girl nor a young lady. No matter what you think of her personally or politically, she's a duly elected governor in her forties; give the woman a little respect.
She is a pathetic choice. This is McCain's problem, not hers. She is just dealing weith the cards she was dealt....
as for criticism regarding her intelligence, you guys are way off base. this interview is somewhat akin to a blind man feeling an elephant and deciding that it is something quite less massive. governor palin will make a very effective vice president.
republican and independent voters, please do not allow the above biased comments to discourage you. anyone who talks to idiots will sometimes sound idiotic too. have you ever heard a mother talk to a baby? besides, after listening to the idiots who were asking questions of bernanke and paulson, can you honestly say that our congressmen and senators are the mensa pool from which our presidential and vice presidential candidates should be drawn?
i firmly believe we should have a constitutional amendment requiring candidates for any national office to have at least ten years experience running a business, ten years in offices at state or local levels, ten years married/legally partnered, ten years single, ten years as a parent or big brother or big sister, ten years in a row as either a man or woman, eight years of education beyond high school, and proficiency in at least: three languages, one musical instrument and one martial art. it is possible to demand more from our representatives. there is a large pool of untapped talent from which we can draw, but most of them are too smart to wish to be in politics as we know it.
it's not enough to reform wall street, we need to reform politics. demand higher standards for better leadership.
It was messy but I understood what she meant or should have said. The idea of tax reductions and reform being in such close proximity to health care probably caused a lot of cognitive dissidence in Katie Couric too. To liberals health care is abortion and free viagra. Tax reform is a more progressing income tax. Communication is bound to suffer when people do not even begin to agree on the definition of basic words.
It reminds me of some artificial intelligence programs that take in human input and tries to compile a response that will fool the sender into thinking he is talking to a real person.
No wonder Democrats are fearful of another 4-8 years with this kind of leadership! The rest of you have been dumbed downed as well!
Well, I don't know about Tom Ridge, but Lieberman would not get the support of the GOP, because among other things, he is Independent, used to be a Democrat, and let's face it is not conservative enough even if the former reasons are not enough to make him unelectable. From the very beginning McCain had a problem pulling in the conservative wing of his party. The choice of Palin, at least superficially, gave him someone young, attractive and female. Young and attractive to offset Obama's celebrity cache, female to capture voters disillusioned by Hilary's failure to secure at least a VP candidate position. It was the wrong tactic (i.e. she a disaster) in the right strategy (if she wasn't such a dumbo, it would have worked very well).
I disagree with the former and agree with the latter. We aren't infants who need to be senselessly babbled to to develop basic speaking skills. Yes, most of our representatives are very likely not Mensa material and thus we should vote them out in preference to someone like Stephen Hawking, who is Mensa material and in spite of his physical shortcomings can still communicate quite coherently.
For those who say they would leave the country if she gets elected VP, i think that is a bit rash - but - if something happened to McCain, then I'd be looking to join you. IF the job of Presidency landed in Palin's hands, this country may not survive. After all of the crap from the last eight years (and yes, i voted for Bush in 2000 - but not 2004, it's going to be difficult to survive the mess we are in even with good leadership.
While you are voting first for a president, this year I think every responsible voter needs to ask themselves one question prior to voting - "What happens if something happens to McCain?" It is a absolutely ligitimate question, given that McCain is 73 years old (the oldest candidate ever to seek a first term). If something did happen, do you really think Palin is up to running this country effectively? It's a long way from being a part-time mayor of a very small town to being President - in just 2 years.
McCain says to trust his experience. After this disaster, i don't trust McCain judgement on anything else either - and i supported him in the primary 8 years ago.
So, go ahead Repubs! You gave us 8 years of Bush. Look at your wonderful country, now. Vote Palin! Maybe, you can finally bring on Armageddon and destroy the nation. After all, it's the fault of the lefty-liberals and Jesus is returning, just for you, the hypocrites and liars who claim to love him. This is your chance.
Can you imagine her in front of Cafferty? Even David Letterman or Larry King would eat her alive...
Pathetic. Or as Sarah would say, "Heck, Joe six-pack likes me"....