November 13th, 2008
12:20 PM ET
5 years ago

Palin criticizes bailout at GOP governors conference

Alaska Gov. Sarah Palin is in Florida Thursday for annual conference of the Republican Governors Association.
Alaska Gov. Sarah Palin is in Florida Thursday for annual conference of the Republican Governors Association.

MIAMI, Florida (CNN) - Former Republican vice presidential nominee Sarah Palin sharply questioned the changing federal economic bailout plan Thursday during her first extended remarks since the end of the presidential campaign.

Addressing fellow GOP governors and party leaders at the annual Republican Governors Association convention in Miami, Palin criticized the growing list of industries and other entities seeking federal assistance.

"We're hearing now more talk of additional taxpayer bailouts ... for companies, for corporations, perhaps even states now who may be standing in line with their hands out despite, perhaps, some poor management decisions on their part that helped tank our economy," she said.

"Republicans can help shore (these sectors of the economy) up without getting any more addicted to opium, other people's money," she argued. "We need to have a rational discussion. What and when is enough enough?"

Palin stressed the need for greater economic "accountability and personal responsibility" while urging "conservative solutions to these economic challenges."

The Alaska governor also urged her own party to take the lead on the issue of ethics, arguing that the GOP "had better lead with ethics reform and (help bring) an end to the self-dealing and corrupt special interests on Wall Street and in Washington that contributed to the housing crisis and elements of the economic collapse."

Striking a defiant conservative tone in the wake of last week's Democratic victory, Palin stated that "bigger federal government and more unfunded mandates hurt the economy and our states."

She urged her fellow Republican governors to "embrace the federalist principle that lets local government, government closest to the people, have more say."

Reflecting on the recent campaign, the former vice-presidential nominee admitted that "for us, it was not our time. It was not our moment."

She complimented President-elect Obama, saying she wishes "Barack Obama well as the 44th president of the United States. If he governs with the skill, and the grace, and the greatness of which he is capable, we're going to be just fine."

Palin noted the historical magnitude of Obama's victory, saying that "as he prepares to fill the office of Washington and Lincoln ... this is a shining moment in American history. Sen. Obama has achieved a great thing for himself and for our country."

In a news conference held earlier in the day, Palin criticized the national media for wanting to "dissect the past" and "playing the pundit's role" for the 2012 presidential campaign.

"As far as we're concerned, the past is the past," she said. "We're focused on the future. (The future) is next year, and our next budgets, and the next reforms in our states."

Asked why she chose to hold her first formal news conference now, she simply replied, "The campaign is over."

–CNN Correspondent Dana Bash contributed to this report


Filed under: Sarah Palin
soundoff (131 Responses)
  1. Jake

    What the heck is she talking about?
    She clearly has absolutely no idea what she is talking about.

    "Republicans addicted to opium"?
    "What and when is enough enough"?

    And criticizing the media for wanting to, "dissect the past" and "play the pundits role" for the 2012 campaign? What would she have the media do? Talk about how wonderful she is for the next 4 years?

    November 13, 2008 03:11 pm at 3:11 pm |
  2. Spencer/NY to VA

    She needs to criticize herself for being a divisive politician.

    November 13, 2008 03:11 pm at 3:11 pm |
  3. donna

    Oh for Gods sake, who cares what she thinks already. Hasnt she had her 15 minutes of fame already?

    ENOUGH!

    November 13, 2008 03:11 pm at 3:11 pm |
  4. Allen, Jacksonville, Florida

    Wow, an actual, real substantive post, compared to the flimsy article earlier in regards to her morning press conference.

    November 13, 2008 03:11 pm at 3:11 pm |
  5. S.B. Stein E.B. NJ

    I don't think she really can speak to knowing economic issues since there is a question as to what she did with the town she was mayor of and their debt issues. From what I heard, there was no debt before she was mayor and then there was one when she left.

    She needed to speak a little more forcefully with her running mate. The fact that he suspended his campaign to do lobby other members of Congress for this bailout that she doesn't like. Maybe she should have thought more about being the running mate.

    November 13, 2008 03:12 pm at 3:12 pm |
  6. CathyG

    "perhaps even states now who may be standing in line with their hands out despite, perhaps, some poor management decisions on their part that helped tank our economy,"

    The only governor I'm aware of who has come out asking for Federal help in public is Arnold. You know, the governator. The REBOOBLICAN governor of California.

    Sarah, honey, we can't miss you until you go away.

    November 13, 2008 03:12 pm at 3:12 pm |
  7. Glenn in California

    WHO CARES?

    Enough already. She needs to go back to Wasilla. Maybe President-elect Obama can appoint her "Secretary of Watching Russia."

    November 13, 2008 03:13 pm at 3:13 pm |
  8. The Blessed One

    Palin is a STALKER! Look what she does, she first talks about Obama, slams him then say she's not talking about him then slams him again then adorn him.

    She's a Stalker and should be issued a restraining order!

    November 13, 2008 03:13 pm at 3:13 pm |
  9. Dan

    OK Sarah, just what would you do? She follows majority script period. This women hasn't a clue what to do with the economy. Let the auto industry die, right now before Christmas! If Obama did that, he would be facing these dimwitted Palin, Hannity, Limbaught airheads for not bailing them out. If the right wing talk points wasn't so predictable it would be a little more entertaining. They are like a really bad movie that has no plot, no ending, just predictable.

    November 13, 2008 03:15 pm at 3:15 pm |
  10. BM

    This lady must be on something! She is really a squirrel looking for a nut! I guess she found someone who will throw her a few.

    November 13, 2008 03:15 pm at 3:15 pm |
  11. Radiant

    "Actually, Governor Palin is continuing to defend herself about that clothes issue. She says she has never even stepped foot in a Neiman Marcus. In fact, she thought Neiman Marcus was the president of the Philippines."

    November 13, 2008 03:16 pm at 3:16 pm |
  12. Vincent, Great Lakes, IL

    And they said the Media was obsessed with Obama.

    I-don't-think-so....

    November 13, 2008 03:16 pm at 3:16 pm |
  13. NYObamacan

    There she goes again...with her ideological babble that says nothing specific. Sarah, if you want to be on the national stage – try speaking with specificity and intelligence for a change. Whoops..I forgot, that would mean you'd need to read, understand, anaylze and formulate policy.

    Ok how about...please go back to Alaska.

    November 13, 2008 03:16 pm at 3:16 pm |
  14. PL

    When does Palin the notice that her 15 minutes are up? This lady loves to hear herself speak, it's just to bad that nothing she says makes any sense. THANKS ALOT ALASAKA, convicted felons and idiots God only knows what else you people have up there. If you really cared about this country you would keep it up there.

    November 13, 2008 03:16 pm at 3:16 pm |
  15. maria in east l.a.

    I didn't read the article but why on earth would anyone listen to anything she has to say at this point? Please, I'm sure there are better people in the Republican party to present informed and clearly articulated positions.

    November 13, 2008 03:16 pm at 3:16 pm |
  16. Sarah is Right

    Why would you give billions to the auto companies when there is no plan for them to get out of the mess they created?

    Won't they just burn through the cash and come back to us in six months for another $ 25 billion?

    Let's hear some comments on this before Barney Frank and Nancy Pelosi spend us into oblivion and then tax us to death to pay for it.

    November 13, 2008 03:16 pm at 3:16 pm |
  17. NO MORE PALIN

    DO WHAT I DO!!! CHANGE THE CHANNEL WHEN SHE IS ON. MAYBE THE NETWORKS WILL GET THE MESSAGE. PLEASE NO MORE PALIN!!!

    November 13, 2008 03:17 pm at 3:17 pm |
  18. Helena

    CNN: We don't care what this woman thinks or says. She is the past.

    We want more of President Elect Obama and Vice President Elect Biden.

    November 13, 2008 03:17 pm at 3:17 pm |
  19. Ken

    No, this is the problem with reporters who don't know what they are hearing. It is not "opium," it is OPM - other people's money.

    It would be great if reporters had areas of expertise - tax, the military, business, but most journalists spend too much time repeating other rournalists to have anything intelligent to say.

    November 13, 2008 03:17 pm at 3:17 pm |
  20. The Blessed One

    Stalkers should be issues RESTRAINING ORDERS!

    Palin is a STALKER. Law Officials, do your job!

    November 13, 2008 03:17 pm at 3:17 pm |
  21. 60 year old, white female for Obama

    Do no other GOP person speak at this conference...time to turn of CNN and its blog until Janiary 20th at which time maybe you will be reporting the news!!!

    November 13, 2008 03:18 pm at 3:18 pm |
  22. Ms Jamaica

    I am going to buy you all a "Talking Sarah Palin Doll" for Christmas!

    November 13, 2008 03:18 pm at 3:18 pm |
  23. gl, Pittsburgh

    What this lady go away already. She is obessed with herself. Sara Palin was on the losing ticket and she still don't get it.

    November 13, 2008 03:18 pm at 3:18 pm |
  24. ANGIE

    Why are you reporting her,We have a New President in about 60 something Days lets hear whats going on with him, send Sara away and have her come back in 2010 ENOUGH CNN!

    November 13, 2008 03:19 pm at 3:19 pm |
  25. Matt

    Whoopty doo da...she took a position. Now, have her tell us WHY she took that position. Is it because she has a thorough understanding of the fundamentals of our economy and the problems it is facing (hint: NO), or is it because she's already entertaining media-fueled delusions of a 2012 presidential campaign and is simply regurgitating ideological nonsense (hint: YES)?

    November 13, 2008 03:19 pm at 3:19 pm |
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