Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Palin: US could face another Great Depression
AP ^ | 09/24/2008 | By SARA KUGLER

Posted on 09/24/2008 4:27:10 PM PDT by EBH

"I'm ill about the position that America is in and that we have to look at a $700 billion bailout. At the same time we know that inaction is not an option and as Senator McCain has said unless this nearly trillion-dollar bailout is what it may end up to be, unless there are amendments in Paulson's proposal, really I don't believe that Americans are going to support this and we will not support this," Palin said in the interview.

Couric pressed Palin on examples of how McCain, a 26-year congressional veteran, had led the charge for more oversight.

The Alaska governor cited McCain's warnings about Fannie Mae and Freddie Mac two years ago as well as image as a maverick. Questioned again for examples, and reminded that McCain had been chairman of the Commerce Committee, Palin said, "I'll try to find you some and I'll bring them to you."

McCain has insisted Palin is ready to take over as president, but he made no mention of including her in the meetings he wants in Washington to deal with the financial crisis.

(Excerpt) Read more at news.yahoo.com ...


TOPICS: Crime/Corruption; Culture/Society; Extended News; Government
KEYWORDS: act; busheconomy; commercecommittee; couric; financialcrisis; interview; katietheclown; kugler; mccainpalin; palin; sarakugler
Now we know where they stand on this.
1 posted on 09/24/2008 4:27:12 PM PDT by EBH
[ Post Reply | Private Reply | View Replies]

To: EBH
The MSM is livid on being upstaged. They were blindsided by the Palin pick and they've been blindsided again by McCain's going to Washington!

"Show me just what Mohammed brought that was new, and there you will find things only evil and inhuman, such as his command to spread by the sword the faith he preached." - Manuel II Palelologus

2 posted on 09/24/2008 4:29:43 PM PDT by goldstategop (In Memory Of A Dearly Beloved Friend Who Lives In My Heart Forever)
[ Post Reply | Private Reply | To 1 | View Replies]

To: EBH

I take special note to the last part of the final sentence in the post, Palin will be out on the trail, hopefully hitting 0bama for lack of guts. At least, that is my hope.


3 posted on 09/24/2008 4:30:29 PM PDT by ABQHispConservative
[ Post Reply | Private Reply | To 1 | View Replies]

To: EBH

SARA KUGLER: America Coming Together - group of community organizers - ‘nuff said.


4 posted on 09/24/2008 4:31:01 PM PDT by frogjerk (MSM: We will not question Obama bin Biden...)
[ Post Reply | Private Reply | To 1 | View Replies]

To: EBH
I would have replied “Look Cutsie, I was selected as John McCain running mate a short few weeks ago. That means I support him but don't be an IDIOT and think I know everything he’s done in the last 26 years.”
5 posted on 09/24/2008 4:32:09 PM PDT by AmericaUnited
[ Post Reply | Private Reply | To 1 | View Replies]

To: EBH

[...but he made no mention of including her in the meetings he wants in Washington to deal with the financial crisis.]

Uh, she’s not a senator.


6 posted on 09/24/2008 4:32:23 PM PDT by littlehouse36 (Capitalism or Socialism -- a false dichotomy.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: EBH

Well, it doesn’t take a rocket scientist to know.... yes, we are in grave danger of a colapse of our economy. But this is what motivates the left and gets them to the polls and they want it to drop like there is no tomorrow. At this point, I am wondering myself.


7 posted on 09/24/2008 4:32:41 PM PDT by JFC (The libs fear us Republicans.. wait until JUDGEMENT DAY!!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: goldstategop
The MSM is livid on being upstaged. They were blindsided by the Palin pick and they've been blindsided again by McCain's going to Washington!

Good. Take them out of their comfort zone. LoL!

8 posted on 09/24/2008 4:33:18 PM PDT by Red Steel
[ Post Reply | Private Reply | To 2 | View Replies]

To: JFC
>>>>>>Well, it doesn’t take a rocket scientist to know.... yes, we are in grave danger of a colapse of our economy.

Thank God you're not a rocket scientist.

9 posted on 09/24/2008 4:35:54 PM PDT by Reagan Man (With Palin on the ticket, McCain Earned My Vote --- MOST conservatives should be satisfied.)
[ Post Reply | Private Reply | To 7 | View Replies]

To: littlehouse36
Uh, she’s not a senator.

Haven't the governors of the other 56 states been consulted in this legislation?

10 posted on 09/24/2008 4:40:09 PM PDT by Paul Heinzman (McCain / Palin '08. Write-ins and protest votes won't help America.)
[ Post Reply | Private Reply | To 6 | View Replies]

To: EBH

Palin did not use the word, Perky did


11 posted on 09/24/2008 4:40:57 PM PDT by UB355 ( Slower traffic keep right)
[ Post Reply | Private Reply | To 1 | View Replies]

To: EBH
Now we know where they stand on this.

Sarah did NOT say that. She was answering a question for Couric that had the great depression as a premise. Check the info at this link:

Katie's Interview With Sarah Palin (and Ambush of McCain on CBS tonight about 'Great Depression)

(BTW Sara Kuglar is a much of a journalist as Chris Matthews or his buddy Keith O. She was exposed the other night for the left-wing reporter she is.)

12 posted on 09/24/2008 4:41:22 PM PDT by CedarDave (Gloom and doom Democrats cheer for financial despair, losing wars and hurricanes. That's leadership!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: EBH

THE SPIN STOPS HERE!

THE DEMOCRATES ARE THE REASON FOR THE FINANCIAL CRISIS WE ARE IN NOW, Dodd, Frank, Schumer, Kerry, Raines, Johnson and especially your presidential candidate OBAMA!


13 posted on 09/24/2008 4:41:27 PM PDT by ronnie raygun (IF YOU ARE NOT CONSERVATIVE BY 35 YOU HAVE NO BRAIN. W CHURCHILL)
[ Post Reply | Private Reply | To 1 | View Replies]

To: littlehouse36

Or any part of the federal government.

OTH - Obama and Biden are supposed to be senators. I’m really sorry that Obama doesn’t find his current job interesting enough to take part in one of the most important pieces of financial legislation since the great depression. I hope he won’t get bored if he is elected president and decide he wants to be a movie star, instead.


14 posted on 09/24/2008 4:42:54 PM PDT by stop_fascism (Up Chuck for Joe)
[ Post Reply | Private Reply | To 6 | View Replies]

To: EBH
"I'll try to find you some and I'll bring them to you."

And how is this different than Obama's blather today which included many "talk with his advisers" instead of direct answers to direct questions?

The difference is, one the lib media despises, the other is the messiah.

15 posted on 09/24/2008 4:44:09 PM PDT by RckyRaCoCo (Gov. Granholm=Garbage)
[ Post Reply | Private Reply | To 1 | View Replies]

To: EBH

“Well, Katie, if the example you cited of John McCain calling out from the lookout tower that there was an iceberg dead ahead while the rest of the crew was too busy re-arranging the deck chairs to hear him, I don’t know what else he could have done to convince them or satisfy your cureiosity.”


16 posted on 09/24/2008 4:44:46 PM PDT by Josh Painter ("I don't believe that people should be able to own guns." - Barack Obama)
[ Post Reply | Private Reply | To 1 | View Replies]

To: EBH
Now we know where they stand on this.

With their pants down, no less! (chuckle)

17 posted on 09/24/2008 4:45:16 PM PDT by pray4liberty (Abortion is the work of the Devil. -- Mother Teresa of Calcutta)
[ Post Reply | Private Reply | To 1 | View Replies]

To: EBH

Great Depression my ass! If they started serious tax incentives for capitol gains cuts, put the damn government on a diet and declare we won and get the hell out of Iraq, (or have those Iraqi’s paying for the protection like Japan does) as well as make congress repeal every earmark they’ve implimented from Jan 2007, that would buffer the blow!


18 posted on 09/24/2008 4:47:02 PM PDT by Bommer (Who was Obama's diction coach? Bevis or Butthead? Uhhhhhh.....)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Reagan Man

Did you hear about the largest Chevy Dealership closing? I hope for the best but right now, it does not look great. Banks are not lending money and cars are not being sold because loans are not being approved, even with excellent credit. If President Bush is coming on t.v. tonight and we are not in grave danger of hardships in our economy, he is going to really have a hard time getting that approval rating over 10%.


19 posted on 09/24/2008 4:47:07 PM PDT by JFC (The libs fear us Republicans.. wait until JUDGEMENT DAY!!)
[ Post Reply | Private Reply | To 9 | View Replies]

To: ronnie raygun
THE DEMOCRATES ARE THE REASON FOR THE FINANCIAL CRISIS WE ARE IN NOW, Dodd, Frank, Schumer, Kerry, Raines, Johnson and especially your presidential candidate OBAMA!

Sure makes the "Keating 5" look like a walk in the park, doesn't it??

One slight problem...weren't Democrats involved in that too???

20 posted on 09/24/2008 4:48:02 PM PDT by pray4liberty (Abortion is the work of the Devil. -- Mother Teresa of Calcutta)
[ Post Reply | Private Reply | To 13 | View Replies]

To: AmericaUnited

I would have replied “Katie, let’s not play ‘gotcha’ games here. John McCain has an extraordinary 26-year record in the Senate, and should be proud of the fact that no human being is capable of memorizing a catalog of all his achievements. What’s more much important than asking candidates to perform memory tricks like this is to focus on the issue of...”


21 posted on 09/24/2008 4:51:01 PM PDT by Beelzebubba (Guns don't kill people, criminals and the governments that create them do.)
[ Post Reply | Private Reply | To 5 | View Replies]

To: ronnie raygun

These Dumacrat SOBs are on RADAR now!! We must vote them out!! They better watch their FANNIES cuz we are sending in Sara "Bobbit" to remove their FREDDIE!!!

22 posted on 09/24/2008 4:53:38 PM PDT by Colonial Warrior (Never approach a bull from the front, a horse from the rear, or a fool from any direction.)
[ Post Reply | Private Reply | To 13 | View Replies]

To: Beelzebubba
"If President Bush is coming on t.v. tonight and we are not in grave danger of hardships in our economy, he is going to really have a hard time getting that approval rating over 10%."

Yep, he's going to have to have Godzilla or King Kong in tow. Anything less, and he's insulting the American people's in their financial ability to withstand a bit of hardship.

23 posted on 09/24/2008 4:54:24 PM PDT by Brian S. Fitzgerald
[ Post Reply | Private Reply | To 21 | View Replies]

To: JFC
Those cars don't deserve to be sold, plow'um under like the bad crop that they are.

Car companies have been pumpin' out crap for too long.

It's called innovation and real improvement of quality, GM, Ford, et.al..

My thoughts go to the id 19 Citroen produced on a dirt floor factory in 1955, over half a century ago.

I know some will laugh and scorn, but it had gobs of quality cool features (massive inboard disc brakes with pads you could change yourself with no tools just by lifting the hood, etc. and on and on, I won't bore those who aren't interested, it's the point I making that matters).

24 posted on 09/24/2008 4:54:32 PM PDT by norraad ("What light!">Blues Brothers)
[ Post Reply | Private Reply | To 19 | View Replies]

To: Bommer
From earlier today: Peter Orszag, head of the Congressional Budget Office, warned lawmakers of possible “chaos” if Congress did nothing, adding: “You would have a financial market meltdown that would cause very severe dislocations . . . maybe on the magnitude of the Great Depression.”
25 posted on 09/24/2008 4:59:36 PM PDT by LikeLight (http://www.believersguidetolegalissues.com)
[ Post Reply | Private Reply | To 18 | View Replies]

To: EBH

Send Sarah Palin to the debate Friday night.

They want to say she's not prepared to step up to President should the need arise.  I believe she would do just fine, especially in an open debate format.

Time for a 'Hail Mary' in this campaign, so let's watch as Sarah mops the floor with BHO!

Anyone in the McCain/Palin camp listening?  :-)

26 posted on 09/24/2008 4:59:53 PM PDT by Lloyd227 (and may God bless Oriana Fallaci)
[ Post Reply | Private Reply | To 1 | View Replies]

To: CedarDave
Uhm...no she didn't. And that is not what I meant?

Now we know where THEY stand on this.

really I don't believe that Americans are going to support this and we will not support this," Palin said in the interview.

We're all a bit touchy lately, but I will try to be more specific. Some seem to be reading into things more than they should.

27 posted on 09/24/2008 5:01:34 PM PDT by EBH ( ... the riotousness of the crowd is always very close to madness. --Alculin c.735-804)
[ Post Reply | Private Reply | To 12 | View Replies]

To: EBH

I think you don’t know squat, and you didn’ listen. Are you trying to bend the words just to suit your way of thinking, or are you just another democrat from DU?


28 posted on 09/24/2008 5:10:32 PM PDT by Bullfrogg
[ Post Reply | Private Reply | To 1 | View Replies]

To: EBH
Yes, McCain/Palin stand for COUNTRY FIRST!
29 posted on 09/24/2008 5:14:47 PM PDT by MHGinTN (Believing they cannot be deceived, they cannot be convinced when they are deceived.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Bullfrogg

It’s a direct quote from the post and article.

Oh...and maybe check my profile before calling me a DU freak out of hand. I ain’t no newbie.


30 posted on 09/24/2008 5:15:21 PM PDT by EBH ( ... the riotousness of the crowd is always very close to madness. --Alculin c.735-804)
[ Post Reply | Private Reply | To 28 | View Replies]

To: ronnie raygun
The are so many reasons we are in the position we are in. Republicans, Democrats, black, white, jew, christian, buyer, seller...EVERYBODY HAD A PART IN THIS DEBACLE.

Four years ago I sold my home in San Diego for almost double what it was worth, to people who couldn't afford it, brought to me by a broker who overpriced it, aided by an appraiser he went to college with and a bank wanting the business...you tell me...WHO IS TO BLAME? At that time I knew, meaning lots of people knew, this house of cards was going to fall. But everyone wanted their piece of the pie...well...here it is folks...

31 posted on 09/24/2008 5:19:34 PM PDT by Hildy ("We do not see things as they are. We see things as we are.")
[ Post Reply | Private Reply | To 13 | View Replies]

To: norraad

It’s not that U.S. auto makers are turning out crap....the government is tying the hands of the U.S. car companies with those stupid CAFE standards that are harder and harder for the automakers to meet. These same CAFE standards interfere with consumer choice.

The American automakers are enjoying booming sales in South America and China.....no CAFE standards there!

One of the automakers would like to manufacture a car here in the U.S. that gets 65 miles per gallon. They can’t build the vehicle here....it runs on diesel.

Another automaker had a car with lots of grill work; they were convinced the vehicle would be a real moneymaker for them, but the car didn’t meet the CAFE standards, so it never entered production.

Back in 1955, there were no CAFE standards. Detroit was king. The government should back off and let the consumers decide what kind of vehicles they want to buy, and then let the automakers satisfy the demand.


32 posted on 09/24/2008 5:24:41 PM PDT by july4thfreedomfoundation (Sarah Palin is an American Margaret Thatcher. Sarah Palin is a female Ronald Reagan)
[ Post Reply | Private Reply | To 24 | View Replies]

To: july4thfreedomfoundation
Back in 1955, there were no CAFE standards.

And yet the id 19 still got great MPG.

I grew up in research, that's the source of my anger, there's plenty that could and could have been done.

The simplest would be High Pressure Fuel Injection.

That would have rocketed MPG and burned so clean cat. converters wouldn't have been needed.

33 posted on 09/24/2008 5:32:50 PM PDT by norraad ("What light!">Blues Brothers)
[ Post Reply | Private Reply | To 32 | View Replies]

To: goldstategop
The MSM is livid on being upstaged. They were blindsided by the Palin pick and they've been blindsided again by McCain's going to Washington!

True. All without prior MSM approval. McCain was greatly underestimated when the MSM "allowed" him to run. Now they have to "misundertake" him.

34 posted on 09/24/2008 5:34:01 PM PDT by BerryDingle (I know how to deal with communists, I still wear their scars on my back from Hollywood-Ronald Reagan)
[ Post Reply | Private Reply | To 2 | View Replies]

To: Hildy

Great point, hope this boost the fiscal conservatives into power in a big way


35 posted on 09/24/2008 5:50:41 PM PDT by Son House (Palin, Has The Left Press Wailing! [MSNBC, ABC, CBS, CNN, New York Times,...])
[ Post Reply | Private Reply | To 31 | View Replies]

To: EBH
McCain has insisted Palin is ready to take over as president, but he made no mention of including her in the meetings he wants in Washington to deal with the financial crisis.

Who writes this drivel? Palin is a governor, not a member of congress or the cabinet. Jeeze!

36 posted on 09/24/2008 5:53:14 PM PDT by Tallguy ("The sh- t's chess, it ain't checkers!" -- Alonzo (Denzel Washington) in "Training Day")
[ Post Reply | Private Reply | To 1 | View Replies]

To: Hildy
At that time I knew, meaning lots of people knew, this house of cards was going to fall.

I thought it would happen 20 years ago
37 posted on 09/24/2008 5:58:30 PM PDT by uncbob
[ Post Reply | Private Reply | To 31 | View Replies]

To: AmericaUnited

I’ll see about getting you on the team!


38 posted on 09/24/2008 6:03:51 PM PDT by TomasUSMC ( FIGHT LIKE WW2, FINISH LIKE WW2. FIGHT LIKE NAM, FINISH LIKE NAM)
[ Post Reply | Private Reply | To 5 | View Replies]

To: TomasUSMC

I actually think my 02 PT is a quality vehicle. Granted it needed some tweaks to boost the mpg. But I’m getting nearly 30mpg (50/50 city/hwy) with it. Which is damn good for a PT.

Manual trans. = 10% more mpg/power than auto
K&N air filter = 1mpg
Mobil 1 oil = 1mpg
Dynomax muffler = 1mpg
Removed airflow silencer = 33% restriction in airflow


39 posted on 09/24/2008 6:25:03 PM PDT by bicyclerepair (Ft. Lauderdale Florida)
[ Post Reply | Private Reply | To 38 | View Replies]

To: CedarDave
(BTW Sara Kuglar is a much of a journalist as Chris Matthews or his buddy Keith O. She was exposed the other night for the left-wing reporter she is.)

Sara Kuglar is this election cycle's Jennifer Loven.

40 posted on 09/24/2008 7:09:48 PM PDT by frogjerk (MSM: We will not question Obama bin Biden...)
[ Post Reply | Private Reply | To 12 | View Replies]

To: Hildy
Its the “Blue State Real Estate” bubble.

NY NJ CT CA MA, and the speculator state for these Blue Staters, FL.

Not all 57 states caused this, but all 57 states will pay for it.

41 posted on 09/24/2008 7:22:40 PM PDT by PA-RIVER
[ Post Reply | Private Reply | To 31 | View Replies]

To: uncbob
What are the odds are that we give more foreign aid next year?

Early this year I heard Bush brag about how many billions he gave Africa for Aids relief.

These people get to washington and think there is no check they cant write that will not bounce. Nothing that they can not afford. Sickening. Drunken Sailors are more responsible.

42 posted on 09/24/2008 7:35:55 PM PDT by PA-RIVER
[ Post Reply | Private Reply | To 37 | View Replies]

To: Lloyd227

Hussein would pee his pants.....


43 posted on 09/24/2008 8:08:03 PM PDT by cherry
[ Post Reply | Private Reply | To 26 | View Replies]

To: EBH

Interesting that Limbaugh mentioned this very tactic on Monday (may have been Friday), noting that deliberate misquotation was a notable Biden debate strategy. It seems as though it has become a favored strategy for the Obama media surrogates as well.

Don’t be surprised to learn that an ass smell like ass. As Rush said, just be prepared for it.


44 posted on 09/24/2008 9:34:45 PM PDT by Mr.Atos (http://mysandmen.blogspot.com)
[ Post Reply | Private Reply | To 1 | View Replies]

To: norraad

Big deal. In 1951 the Nash Rambler got 31 mpg, Henry J got 30, and the Studebaker Champion got 28.


45 posted on 09/24/2008 11:11:04 PM PDT by SoCal Pubbie
[ Post Reply | Private Reply | To 33 | View Replies]

To: Lloyd227

now that would make things interesting.. would Barry be dumb enough to fall for that?? i cant imagine would be


46 posted on 09/24/2008 11:43:17 PM PDT by wafflehouse (RE-ELECT NO ONE !)
[ Post Reply | Private Reply | To 26 | View Replies]

To: Lloyd227

That’s a great idea. The future President deals with pressing issues and delegates a ceremonial task to his future VP.


47 posted on 09/25/2008 12:14:15 AM PDT by Textide
[ Post Reply | Private Reply | To 26 | View Replies]

To: Hildy
Four years ago I sold my home in San Diego for almost double what it was worth, to people who couldn't afford it, brought to me by a broker who overpriced it, aided by an appraiser he went to college with and a bank wanting the business...you tell me...WHO IS TO BLAME? At that time I knew, meaning lots of people knew, this house of cards was going to fall. But everyone wanted their piece of the pie...well...here it is folks...

EXACTLY!!! I have a cousin living outside of Stockton. Bought his house for $200,000. A few years later, the house was worth $600,000. I told him at the time (which was also about 3-4 years ago) to sell the house and move to different city or state where the same size house on the same or bigger size lot would be around $250,000, buy THAT house outright and pocket the remaining profit.

Well, he didn't follow my advice and the last time I talked to him, many of his neighbors had to foreclose and going selling prices for homes around him are back to right around $200,000.
48 posted on 09/25/2008 5:35:28 AM PDT by Kerretarded (MCCAIN/PALIN '08!!!!!)
[ Post Reply | Private Reply | To 31 | View Replies]

To: SoCal Pubbie
Henry J got 30, and the Studebaker Champion got 28

Thank you, that's exactly what I'm talkin'bout.

No real tenable MPG effort whatsoever!

And I'm so tired of "Experts"{X=has been Spurt=drip under pressure} financial or otherwise lying to me saying "oooooh, you don't understand"

I UNDERSTAND

& I'm not the only one!

49 posted on 09/25/2008 7:52:16 AM PDT by norraad ("What light!">Blues Brothers)
[ Post Reply | Private Reply | To 45 | View Replies]

To: CedarDave

“Sarah did NOT say that. She was answering a question for Couric that had the great depression as a premise. Check the info at this link:”

The “setup” was nothing short of evil. I saw the McCain interview and said to myself of Sarah Palin: “I wish she hadn’t said that.” Then, later on, I saw the Palin interview with Katie and learned that Katie was the one who used the phrase “great depression” and was shocked. Even moreso than usual. I’m pretty cynical but I hadn’t carried it as far in my mind as Katie was willing to go.


50 posted on 09/25/2008 5:15:09 PM PDT by Religion and Politics
[ Post Reply | Private Reply | To 12 | View Replies]

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson