Palin: US could face another Great Depression

AP ^ | 09/24/2008 | By SARA KUGLER

[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.

[PA-RIVER]

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.

[PA-RIVER]

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.

[cherry]

Hussein would pee his pants.....

[Mr.Atos]

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.

[SoCal Pubbie]

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

[wafflehouse]

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

[Textide]

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

[Eagle of Liberty]

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.

[norraad]

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!

[Religion and Politics]

“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.