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for the failure of the investment bank Lehman Brothers, and said the government’s financial regulatory system “is outdated and needs a complete overhaul.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.
As David Gergen said the other night – "Incoherent".
Since when are republicans in favor of regulation? This is so stupid and Americans are eating it up!
Is there really even one person out there that truly beleives this woman has even one qualifcation to be Vp, or possibly president?
Forget voting Party, forget voting for McCain because you are still ticked off about Hilalry.
Open your eyes, look, and listen to this woman and ask yourselves seriously if you trust her with your family's, your children's futures.
If you are satisfied and happy with the last 8 years under Bush/Cheney and want four more like it, tehn vote for McCain and Palin.
If you want to see things start to eb put back on the right track and for things to start to impove, then vote for Obama and Biden.
It's no more difficult than that.
I"m a woman and I support S.Palin.
Frank you don' speak for us women.
She will be great VP.
I don't believe anymore in Obama, he is not real .
Yeah McPallin, so why should we believe a word you say?
1). You fire state employees for personal gains just like the Current administration did.
2). You do not believe in science and yet you use guns to shoot innocent animals
3). You think the economy is strong
4). You don't believe women have a say over their bodies
5). You lied on you first national appearance
How about that plane you sold for "a profit on ebay" and the "bridge to nowhere?" what about those "earmarks?"
America, stop this moose-eating barracuda from getting close to the white house!
Innovative cures for diseases?
Without using stem cells... is she going to try bleeding?
Her radical christian views (she was pentecostal for over 20 years, and still visits and speaks there frequently) aren't going to spur scientific discoveries in the field of Mental Health.
and reason number two, Mr. McCain has not put any money in Reverend Wrights hand so that he can dance and scream and denigrate my way of life as an American citizen.
Perhaps Mr. Obama can run for President of Kenya...I suspect he is over qualified for that position.
this woman is so dumb its almost embarrsing to watch her
please dont get* stuck on stupid* america and vote in another 4 years of BUSH with her and McWar!!!
ahhh Vanna, I would like to buy a CLUE. She takes after McCain alright, not a clue on the economy. You sell that plane for a loss. You go girl
The one thing that I can say about her is that she knows how to follow a script. The real Sarah Palin will be revealed during the debate with Biden, right now we are seeing and hearing a Stepford VP.
Actually what the Democrats did to Hillary was a bigger slap.
As a government employee who witnesses wasteful spending on a daily basis, I would be thrilled to have someone like Sarah Palin in charge. Barack Obama continues to talk, talk, talk, without ever having done a thing that matches his rhetoric.
Is Alaska is all she knows! This isn't worth commenting on she will not
do a thing for our countries economy!
McCain still thinks the economy is doing well! What a pair!
I'm with Hillary No Way, No How, No McCain, No Palin!!!
E.J. in Tacoma
Palin is without a doubt, one of the most ignorant women ever to be in politics.
I ahve no doubt that she and/or her husband will be found guilty regarding Troopergate, and then we will wait to see if anyone wakes up!
New speech, huh? So how long did it take Karl Rove to right this one up?
Palin will have to understand that the US economy is not floating on oil revenue....it's not as easy to make changes when you have a huge deficit. How is she going to help? How is she going to reform? Lets here some of what she is going to do rather than what she is not.
McCain demonstrated his total disregard for the welfare of this country when he put this totally clueless person to be possibly a heart beat away from the presidency. McCain = Lies and Sleeze, and country last.
Palin is clueless. Just like her grandpappy McSame.
gov. palin has been responsible for balancing budgets, and has done a great job in alaska. she is a fiscal conservative with more experience than obama in financial issues. palin, and mccain will get this economy back on track, america needs theese two mavericks to straighten out washington, and the economy. mccain/palin 08, hillary 2012!
that is about the only thing that is new is her speech because the tactics that they are running off of is older than stale bread!!!
If Sarah Palin had any integrity at all, she would have said "Thanks, but no thanks" to the invitation to be VP.
With her completely inadequate and low rated education, NO ONE can SERIOUSLY believe that she is even minimally qualified to even sit in a meeting with Bernanke or Paulson and have any input at all.
If she were HONEST, she wouldn't be sitting there "not blinking", she'd be admitting that she is in WAY over her head and for the sake of our country, she needs to step down and allow someone with REAL experience to take her place.
I won't hold my breath.
A new speech won't help. They are still not telling the truth to the American people.
Take note, Americans, that Palin is arguing for the opposite of what Republicans have been telling us since Ronald Reagan: that corporate America needs regulating. Of course, she doesn't mean it for a second, but she's still saying it.
We have learned, since Reagan put the nation on its long downhill slide, that – unless threatened by jail time – corporate executives will cook the books, backdate the options, lower wages, outsource jobs, reduce benefits, conspire to fix prices, lie in their advertising, bribe our elected representatives, use child labor, bust the unions, attempt to influence elections, conceal known product defects (even defects that cause death), import poisonous products from China, and cozy up to any dictatorship that is easily bribed (all of them).
Now Palin is right that corporate American needs to be regulated, but she is wrong that Republicans are the ones to do it. They are the ones that DEregulated, promising us that corporate CEOs could be trusted. Experience has shown us that they cannot be trusted with a red-hot stove.
I watched it. She sounded so out of it. Just reading a script. Must have been up late last night "studying" foreign policy. No way, no how, no McCain/Palin.
JUST SO NO TO MCCAIN & PALIN!!!!
They got her new speech. This a pretty big hurdle to get over Charlie. I hope she can make it Charlie.
When might you be doing some more interviews Sarah........Charlie
(In what respect Charlie)