GOLDEN, Colorado (CNN) – With the tremors on Wall Street reverberating throughout the political world on Monday, Republican vice presidential candidate Sarah Palin unveiled a revised stump speech that focused on the troubled economy.
Palin blamed corporate executives for the failure of the investment bank Lehman Brothers, and said the government’s financial regulatory system “is outdated and needs a complete overhaul.
“Washington has been asleep at the switch and ineffective and management on Wall Street has not run these institutions responsibly and has put companies and markets at risk,” she said, adding that “every effort” has to be made to ensure that the bank deposits and investments of regular Americans remain solvent.
Echoing one of John McCain’s favorite lines, the Alaska governor said she was pleased taxpayer money would not be used to bail out Lehman, as it was following the collapse of Bear Stearns last spring.
Palin’s remarks in Colorado were lengthier and more involved than the stump speeches she has typically been giving on the campaign trail. In particular, Palin kept the focus on the nation’s economic concerns, telling the crowd she had cut taxes in Alaska (she did not mention that she had introduced a sales tax hike as mayor of Wasilla, Alaska.) She also highlighted her small town bona fides.
“My husband Todd and I, we have a commercial fishing operation,” she said. “My sister, she just opened a service station. Todd’s folks, they own a hardware store. We’ve all built small businesses and worked hard to earn a living. We know the struggles out there.”
“It’s the small businesses, the mom and pops that are the cornerstone of America,” she said.
For the first time, Palin outlined what her goals will be for the vice presidency, noting that she and McCain had spoken about her job description.
“My mission is going to be energy security and government reform,” she said. “And another thing near and dear to my heart, it's going to be helping families who have special needs and children with special needs. And we're going to be pushing for innovative cures for diseases.”
Palin’s youngest son Trig has Down Syndrome.
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Sarah palin knows what I said, she said something similar when the spirit took over her body. I cant stand Obama and I didnt like Juan McAmnesty, but when Palin got on board my first thought was Kay bailey wasnt available? Then I thought she was OK, Then I found out she speaks in tounges, and that killed it for me. Third party candidate will get my vote, and even though it will probably land me in a FEMA camp I might just write in Ron Paul.
Does Palin actually understand ANYTHING about economics? Maybe if she goes to college for another 6 years to get an economics degree, she can have some credibility on this subject. MAYBE.
HAHAHAHAAHA...I think McCain and his VP need to talk a litle more and come to agreement...THIS IS IMPRESSIVELY RIDICULOUS
yeah right, Go to his website, read the letter that Senator Obama sent to them and learn why there will be no taxpayer bailout.
Agree – Palin will set the advancement of women back 50 years!
McCain-Palin say over and over that they will reform and won't let government run people and yet here they go yet again, talking about how they will over haul and take over things. You can't believe anything they say.
Thank God America is coming around to a new, real change coming to Washington.
I just found out today that I also have foreign policy experience since I can see Canada here from Minnesota..Awesome, I will update my resume accordingly.
This lady is scary.... By the way what questions do investigators want to as the First DUDE. You are a funny lady.
I CANNOT BELIEVE PEOPLE WILL LISTEN THIS LADY, SHE BASICALLY IGNORANT.
Well, let's see. We're waiting to see her tax returns, as it appears she may have charged the state of Alaska for expenses that she had no right to charge. And, she may have not claimed that income for tax purposes. . . . So, pony up, Palin! Show us you're honest about something.
And, while you're at it. . . . Quit trying to derail the investigation of your ethics. Release all the emails that you and your staff included your civilian husband in (thus making them public record for all the rest of us). And, hey, let's see those wonderful college grades from the 5 schools you attended before finally getting a 4 year degree!
If I hear her say one more thing about doing things for children and families affected by special needs I will scream. Everywhere on her record she has cut funding and research, and it is not like Republicans change their ideals if they are personally affected, look at Dick Cheney and his daughter who is a lesbian. Same old stuff Sarah.
T H E--–R E A L--T H I N G---O N E --O F--– U S
she just doesnt know anything unless some written speech obama/biden 08
Who cares what she says?
Palin doesn't have the knowledge or experience to get America working again. The only thing she has is BLIND AMBITION.
Ya' think Sarah and Todd's fishing "operation" would have been possible without the money he earned while working for British Petroleum for 2 decades?
I will take Palin seriously when she takes questions from the town hall meetings not using her stump speech. She is now a dimaond loosing its shine.
She is absolutely clueless. Her speech writters are at it again.
I have some news for you Sarah, McCain's top economic advisor pushed deregulation bills through that is largely responsible for this mess along with the Enron scandal and oil speculators being able to manipulate oil and gas prices. Yeah, blame it on just the executives, it just shows you don't know what you are doing and are in way over your head.
govemment reform? this from the lady who hired a washington lobbyist to get millions in earmark dollars for her tiny village!!! who lied about selling her jet? who exagerated the number of votes she got? go to factcheck.org and check out who she really is.
Here we go. Another speech written for her by the campaign that she'll recite everywhere she goes, word-for-word (record her speeches throughout a week and they're are the exact same, every word, no joke) for the next week. Then the writers will roll out another one for her over the weekend, she'll memorize it over the rest of the weekend, and then recite it for a week. Wash, rinse, and repeat. You don't need a clue at what you're saying, or what it means, at all, but she's good at it.
Fascist writer Westbrook Pegler, an avowed racist who Sarah Palin approvingly quoted in her acceptance speech for the moral superiority of small town values, expressed his fervent hope about Robert F. Kennedy, as he contemplated his own run for the presidency in 1965, that "some white patriot of the Southern tier will spatter his spoonful of brains in public premises before the snow flies."
Q. what experience does Obama have regarding national or global economy?
A. none, until he went on his 2 week European vaca, now he is an expert, so would you feel better if Palin went on a 2 week vaca in Europe, or would that still not be enough?