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for the failure of the investment bank Lehman Brothers, and said the government’s financial regulatory system “is outdated and needs a complete overhaul.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.
Washington has been asleep at the switch? Does she know which party was running the country for the last 8 years? People voting for this ticket should have their heads examined.
Wait until she finds out that McCain's buddy and advisor Phil Gramm, still working behind the scenes for the campaign, had a lot to do with setting up the deregulated situation that led to this latest mess.
I heard that two MSNBC commentators said that Palin was folksy, and her father owned a hardware store! And she called Todd First Dude!
Biden, on the other hand, wore a nice suit and cufflinks, and was therefore out of touch.
Biden gave a scorching and spot-on speech, and this was the commentary.
Smart people don't have a chance in the US.
More talking points, someone wrote another speech for her. She is going to repeat -repeat and repeat the same empty talking points that we will hear over and over again for another week until someone writes more talking points for her. She does not have a clue of how to better this Bush/McCain/Palin ecomony.
Is America waking up yet from this 8 year nighmare that the republicans have put us into? How can anyone want to put the republicans back in power is beyond me...
I get it now............... McCain speaks put it comes out of her mouth so that makes her a......................
HEY PALIN, WHAT ARE YOUR THOUGHTS AND IDEAS FOR THE COUNTRY...........????????????
POST THIS CNN
OK Miss Congeniality....Thanks but no thanks... Obama will fix it for us. Go back to Alaska please your kids need you, they should be your priority....
People, you have a choice to make. Either you pick McCain and Palin whose policies are 90% identical to Bush 's or you go for a breath of fresh air, Obama.
Lethman brothers just fell flat on its face. Pedestrians stood outside of the Lehman Brothers building looking on as workers walk out of the building with their office supplies and other possessions. McCain had the opportunity to speak today about the problem and guess what he said: Hold your hats; " THE ECONOMY IS SOUND". Can you believe it? Make a wise decision when you get into the booth!!!!
Oh and by the way I wanted to inform you of Palin's foreign policy credential. == "She can see Russia from her house in Alaska."
Yawn....I do not trust the McCain campaign's lies, distortions, thefts, and fabrications anymore. Next.
It is very easy to read a speech I could have read that and seem further qualified. No one knows what this country really needs. But there is someone who has lived it for real. And that is the kind of person that needs to be in office. Not some one who is full of words, not some one, because she is a woman and you are trying to prove a point. Alot of people have tried to prove a point in there lives and they either ended up six feet deep or in jail. Use common since people, not telling who to vote for but look past race, look past gender, and think about your kids future for once. Stop being selfish i know that it is a hard word to swallow, but it needs to be said. If you base your vote off of feeling alone you will doom yourself and this country God Bless. I don't plan on putting my future in the hands of another man anyway, GOD is in CHARGE.
Would someone wake this woman up. She really is getting to be a bore.
So if Sarah Palin is aginst abortion,birth control and she's married and 44years of age. should we expect her to have more babys in the coming years?
So far, Sarah Palin has supported and even implemented Barack Obama's Windfall Profits Tax on the Oil Companies operating in Alaska and she used the money to give the Alaskan citizens a rebate (Which makes her very popular – especially in her own household – which the Govt pays her to live in). Now she is all for stronger regulation of the banks.
I don't mind these stances, but it seems like the campaign has a bit of a confusing message going.
McCain's speechwriters wrote Sarah a new speech and she was ble to read it from a teleprompter! Wow, that's really special, she's amazing.
i understand some racist people not wanting obama. this is america, it's very racial here, but to go to palin cause she's a woman is just nuts. why didnt the gop go after well qualified ladies like hutchingson or dole. palin?, have we lost our minds here?, oops i forgot about bush 1 and 2.
Biden has a response to the current stock market problem.
Can you guess what is is (I think you might get it right)
Attacks at BUSH
Palin talks about reform.
Obama/Biden talk about president Bush.
(do you on the left really want to talk about Gov Palin and her 'scripted' 'and structured' events.
Methinks you doth protest to much.
(How many jobs did you help create in Chicago Sen Obama?)
Mrs Palin is clueless and out of touch just like the rest of the Republican Party!
I wish my Governor worked as hard as Palin to cut my taxes by getting earmarks from congress so that everyone else across the country could pay for my projects....
I'm a Democrat voting for McCain/Palin for two reasons. One, Mr. Obama wasn't smart enough to put Hillary and her 18 million votes on his ticket and that makes him either too arrogant or too retarded to deserve my vote.
Just looking out my window from Texas ... the beach is sooo perfect. I can actually see hawaii from my home ..... oh wait sorry it's actually Ike!
It takes a fool to learn that McShame/Palin don't love nothing going right for this Country! Please step down and let Obama/Biden move the Country forward in the right direction. You Republicans had 8 years to no where!!!!!
Has anyone heard of the "Bradley effect"???? Huuuuhahhaahahahuuuuahau (evil laugh)
The only Economy and Foreign Policy experience this woman has is from the set of Encyclopedia Britannicas her parents bought her back in Wasilla. She is an insult to all things American.
Republican economic policies got us here.
What Sarah? Hasn't someone in your campaign told you that you cannot fire corporate executives. My dear they are out of your job description. And how do you plan on pushing innovative cures for diseases- by not funding stem cell research and cutting funding for the NIH.
Seriously, McCain will be 4 more years of Bush that Americans like myself cannot afford.
Can she spell Wall Street? May be some one should ask and she will probably spell as "Walle" – Quayle look alike
Lets be clear... she had NO idea what a VP was supposed to do... til now? Suuuure...
She is pandering & plucking the heart-strings talking about special-needs children... She'll politicize anything....