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for the failure of the investment bank Lehman Brothers, and said the government’s financial regulatory system “is outdated and needs a complete overhaul.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.
From CNN Politics
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Sooooo, they want to give large corporations tax cuts despite the corporate greed and failure of executives across the board...all becuase they are doing whatever they can to put their windfall profits from ripping off the american consumer into their own profits. And where will McCain and Palin's tax cuts to large corporations go? Yeah, that's right, into executives' pockets...it's not going towards across-the-board raises and better health care options and retirement funds. It's going towards a larger boat and a 3rd house for some twit whose daddy started the corporation and gave it to his kid.
If McCain/Palin gets in the White House, Sarah Mooseburger's first order of business will to make every American buy a $1200 Wasilla Alaska Rape Kit with our own money. God knows we'll need it.
The bridge is out and nobody's home!
McCain lost all credibility when he put this woman on his ticket. He has made it very clear he is only looking to gain womens' votes. I hope women will not be dumb enough to fall for this. Look around you ladies, our country is going south in a handbasket. Do you not care for your childrens' future? I voted for this man in 2000, but believe me this isn't the same person today!!
I don't know about others, but I don't care to see everything I've worked for my entire life suddenly disappear. Have any of you heard your grandparents talk about the "Great Depression"? I have and I don't want it to happen to me-but most importantly not to my grown sons.
Please listen and study the issues. Don't vote carelessly based on age, gender, or race-our country will not survive 4 more years like the last 7.
White grandma supporting OBAMA/BIDEN
Why won't she take questions from voters??? I am sick of hearing the same speech over and over again!
And why isn't anybody in the media (other then the View) calling the McCain campaign out on this??
She is not ready–say Bob Herbert!
Washington asleep? George Bush and Congress are the whom
is supposed to be overseeing Banking. That includes McCain and Obama, lets not be fooled by this Ham and Egg routine with
these two Partys.
Are any of these Friends of Bush going to Jail? Bush has totally
destroyed his legacy and should be impeached.
-Donovan
Once again, using your son for political gain? Just what are you going to do to help these people? Get your daughters to babysit them like they do Trig?
You are for drilling, how about building more refineries so you can process the crude oil. More drilling is not going to help the situation if you cannot process the oil.
Dummy
Bring on the debates, I am tired of the lies and would like more of the factcheck.
Those innovative cures own't have anything to do with stem cells, of course.
Listening to Palin talk about the economy is like listening to a high school student reciting a wiki page they just memorized.
Palin left Wasilla in debt.
Palin is under investigation less than 2 yrs into her governership.
Palin is a disgrace to American politics!
By all means, let's vote in John McCain, when he ADMITS that the economy isn't his strong suit. He is NOT what America needs right now to fix things. Can you say "Country First?" He surely wasn't talking about America when he chose Sarah Palin as his running mate, nor is he talking about America when he says he is America's best choice as President to fix this mess. He is definitely not putting Country First here and should just bow out and let the best man step in.
Obama/Biden
FRANK YOU ARE THE MORON. OBAMA IS SO AMERICAN HE THINKS THERE IS 57 STATES IN THE U.S.A. HE IS A JOKE.
So just NOW they've "spoken about her job description"?! I usually cover that *before* I take the job so I can be educated about the position and responsible for my commitment to it.
And her mission is going to energy security (so she's an expert on Iraq because she probably could see it from the border, just like Russia), and gov't reform (so she's going to fire McCain?)... and helping special needs kids (unless, of course, it has anything to do with science and progress like stem cell research).
EVERYTHING that this woman says is a lie, half-truth, or deception. I trust none of it. This is the biggest political smoke-and-mirrors campaign I've been alive for, and I'm not falling for it. This is all just such an absurd and tragic joke.
If you wanted proof that there's some serious confusion in the McCain-Palin campaign, just look at these two quotes from today's ticker.
Quote 1:
"You know, there's been tremendous turmoil in our financial markets and Wall Street," McCain said at a Jacksonville, Florida event earlier Monday. "And it is, people are frightened by these events. Our economy, I think, still, the fundamentals of our economy are strong, but these are very, very difficult times."
Quote 2:
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.
Am I missing something, or are they in complete disagreement?
This woman is an idiot. Wall Street and their Republican minions have been trying for a decade to diminish, dilute and generally eliminate any regulation whatsoever in the name of the vaunted "free market."
Now that the free market has become a free-fall market, the selfsame party that brought you an energy deregulation debacle, a housing bust that is worse than anything since the Great Depression, and a subprime meltdown that has our economy in shambles wants to cure the problem by improving our "outdated institutions." That smells like more deregulation to me.
This woman knows as much about financial reform as she does about foreign policy. If McCentury and Mooseburger get elected, be prepared for a financial firestorm that is worse– WORSE– than the Great Depression.
Not Hillary should give a speech about how she gave jobs to all her friends from high school in the government when she became Governor.
WHY did you have to end the story with
'Palin’s youngest son Trig has Down Syndrome.'
Thought the kids were off limit???
GOV. PALIN LIES. BUT THE SAD THING IS SHE HAS DONE IT SO MUCH SHE BELIEVES IT AS THE TRUTH.
THANKS...BUT NO THANKS.
Can CNN broadcast longer and more complete Palin videos on her campaign trail? We are very interested in them. We are here to hunt for her news.
I watched Palin's speech made on Nevada from MSNBC.COM.
The crowd in Carson City was so crazy for her. I was so supriesed to see the real fact.
No media can and has the right to hide any facts from the nation. Good or bad, the people will decide. Do not manipulate the will of the people.
Gauranteed after this election cycle is over you will never hear this womans name again, ever.
Of course they are asleep. All the "good ole boys" have been asleep on both sides of the Isle for a very long tome. Ther ( both sides) have let the greedy ba-–ds get away with our hard earned dollars and have taxed us almost to death. Look at the state of the economy. Its a mess and needs fixing. WE NEED EXPERIENCE LEADERS. This is NO TIME FOR "on the job training." We are in the can and someone is ready to pull the chain! We need someone on OUR side, the side of the AVERAGE WORKING AMERICAN TAXPAYER. NOW !
McCain/ Pallin '08
She's humiliating women everywhere. Glad I'm not a Republican.
Enough already. I don't want to hear crap like this. We need someone who is a serious person to take our problems seriously. A average hockey mom, or a bulldog just won't cut it. I'm done with this campaign and the people running it. McCain and all of his little minions can take their speeches and put them where the sun don't shine. These people caused it, and they will continue it. I'm voting for Obama.
Caribou Barbie continues to swing and miss.
Has Obamab or Biden ever had to balance a budget, NOT! Even McCain as a Squadron Commander in the Navy had to deal with a budget. As Govenor Sarah has had to deal with a budget that was not unlimited because you cna print more money.
Obama is a big jerk, Palin got a positive budget in Alaska, Obama failed every single project in Il. Obama is correct, people are not stupid; we are not going to vote for you.
Go back to your crook in Chicago.