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for the failure of the investment bank Lehman Brothers, and said the government’s financial regulatory system “is outdated and needs a complete overhaul.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.
I LOVE YOU SARAH – GIVE IT TO THEM! Good Luck
You are getting like my Girl Hillary .
The person in this election that is clueless is Obama. What did he vote for in the Senate (when he was there)???
You can hear the sound of desperation growing louder in each and every Democratic voice and email
Palin is the "real" deal – knowlegable, experienced and able.
PUTTING BIDEN ON THE TICKET WHEN THERE WAS HILLARY IS A SLAP ON EVERYONES FACE.
Nice going Sarah........keep up the good work.....the Dems. and congress are running scared...........
obama the bridge sales man.only celebrities could do that effectively.good that he found a job after mccain wins the presidency or did he meant he will do a REZKO by selling bridges in Alaska after he wins the presidency.never know. call rev wright.
hey where is obama hiding Michelle.hillary 2012
Blah, blah, blah and blah. Why is the media and Obama even reacting to this brainless pitbull with a voice? Who does she speak for, Alaska? Half of them don't like her and the other half are intimidated by her. She is clueless. Any Republican woman would have been a better candidate. Vote Obama/Biden 2008.
Wasn't it just last week McCain said "you want Government to stay out of your way, not stand in your way" Oh now since everhting is messed up we are going to "shake things up" and start standing in the way. Well I belive it, if McCain/Palin get into office they will only do what is best for them you can count on it.
McCain/Palin '08 .....Thanks, But No Thanks
The infamous Republican trickle down theory of economics has turned out to be a trickle up theory instead....the corporations, Washington, and Wall Street are now feeling the pain we have been feeling for years.
It's about time....their voodoo economics were always another word for soak the poor and give to the rich.
Women WAKE UP! This lady is a wack job! She just set women back 50 years. You have to be a fool to put a "hockey" mom who claims to be in politics but hasn't aken any formal education since graduating college in the late 80s. What a role model for our young women and girls growing up!
WOMAN FOR OBAMA!
Palin is awful she dont have no idea who got us in this terrible mess it Bush and McCain and the republican party....Palin could I have some of that money that you didnt use on the bridge to nowhere I am about to lose my job I need help badly Palin what can you do for me.
OH MYGOSH! what can't this woman do? She has actually read two DIFFERENT speeches written by other people? this is definantly the most qualified woman for the job. I know under Palin's ever-watchful eye I'll be safe. I can't wait to participate in back-alley abortions and get drafted to go to war with Russia AND Iran! Gosh my future sure looks bright with Palin and McCain in office.
CNN PLEASE POST THIS!
Obama is a flip-floper too as all politicans are. So do not blame anyone else. Obama had very frequent ABSENT VOTES as pointed out by Hillary Clinton.
What did those ABSENT VOTES mean to me?
It meams: NO COURAGE, NO GUST, NO EXPERIENCE.
It sounded pretty much the same to me. Let's see, I believe it was Alan Greenspan in the 70s during Nixons years, when we had Nixon impose a freeze on wages, and Greenspan (or whoever was Chairman of the Fed Reserve at that time), say for the economy to remail robust, there should only be an unemployment level around 3.5% at all times.
How about a press conference? Never in my life have a seen such a public figure go so long without holding on single press conference.
Think about it, Freshman atheletes in college answer questions at press conferences right after their first game; rookie cops hold press conferences; 13 year old actors; why can't Palin??????
So how much money do they want to spend on a nuclear war now? McCain said $315 Billion! What does Sarah say, $500 Billion?!!!
Did SHE have any part in writing her new speech? Didn't think so.
When is she gonna get interviewed? CNN did a lousy job "Revealing Sarah Palin" I didn't hear you ask her a single question. Obama sat down and answered, so did McCain and Biden. Why don't we get the straight story?
Palin doesn't have a college education....and it shows! Economic issues to her are how many apples does it take to fill a grocery bag?
This fails to be funny, this lady is dangerous.
What was McCain thinking?....he wasn't.
Let's see...Palin's husband is a fisherman, her sister pumps gas, and her in-laws sell nuts and bolts. Just the kind of background to deal with Merrill Lynch, Lehman Bros., Fannie and Freddie, and Washington Mutual.
LMAO... Ohhhhh ROTFL!!
oooh my sides.... Who wrote this gem?
OMG does she think that the American public won't know that all of the deregulation in the banking industry was done under the current REPUBLICAN administration. As a matter of fact, John McCains buddy, and former financial advisor Phil Gramm, wrote most of the legislation that allowed this to happen. You know CNN, you could point some of this stuff out too.
That is all.
OBAMA/BIDEN '08: THE BRIDGE TO NO WAR.
If the GOP is successful in their pathetic bid to stay in the white house McCain better be looking for an exceptionally good food taster. This woman is a self-described HOCKEY MUM (whatever that means) pit bull wearing lipstick with her own agenda and like one of the Alaska woman said 'she scares the bejeepers out of me'.
Wake up America – CHOOSE WISELY!
This woman is an airhead.....BIG TIME!....There were other well qualified republican women who McCain should have chosen.
This woman is there for her looks and they are using her big time. That’s not country first, that’s politics first.
Why do conservatives always blame poor african-americans for their plight, in effect telling them "...lift yourselves up and get an education and don't expect handouts from the government...". Now we have Obama who has done exactly that, and conservatives are attacking him as an "elitist"? What gives?
So what does Sarah Palin know about economics? Nothing but lies!
What was her responsibilities being mayor of Wasilla? Hiring an administrator and sitting around lookin' good.
News flash...... Tina Fey of SNL looks better!