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. Rockford

    Although I'm tired of seeing her... I can't say I don't agree on this topic.

    November 13, 2008 03:20 pm at 3:20 pm |
  2. Former Republican

    She's an idiot.

    November 13, 2008 03:20 pm at 3:20 pm |
  3. Catholic-mom-4-OBAMA

    PLEASE CNN.........WHY.......ALL .........THE......PALIN STORIES???????

    November 13, 2008 03:20 pm at 3:20 pm |
  4. Kel in Auburn, AL

    I am so tired of hearing about this woman. I wish she would slip back into obscurity in Alaska.

    November 13, 2008 03:20 pm at 3:20 pm |
  5. Emily

    Go Home, all you want is the spotlight. LEAVE!

    November 13, 2008 03:20 pm at 3:20 pm |
  6. anne

    When you have more Palin articles in your political ticker than Obama articles a week after Obama wins the election that's pretty pathetic. I guess CNN can't get enough Palin!

    November 13, 2008 03:21 pm at 3:21 pm |
  7. Jack walden

    Hello Gov. Palin.
    For those running Socialist Republick of Alaska that survives totally on redestribution of oil wealth, you have no business criticizing bale-outs.

    November 13, 2008 03:21 pm at 3:21 pm |
  8. Mark K

    "without getting any more addicted to opium, other people's money" Well spoken, coming from a Governor whose state gets 85% of its revenue from oil companies.

    November 13, 2008 03:21 pm at 3:21 pm |
  9. Doug R.

    Palin is a non entity. Pay no attention to her.

    November 13, 2008 03:22 pm at 3:22 pm |
  10. Rainy

    Who cares anymore what Palin thinks !

    November 13, 2008 03:22 pm at 3:22 pm |
  11. Hillary

    The election is OVER so why are we continually bombarded with news, interviews, ramblings, etc ... of that dimwit. Don't you have anything else to report. I mean something IMPORTANT AND INTERESTING ?????

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

    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."

    I have to disagree with Palin statment above. I believe the two wars hurt the economy and our states the most. Can she go away already. She is not the Elect President and the sooner she realize this the sooner she will be gone.

    November 13, 2008 03:23 pm at 3:23 pm |
  13. Matt

    Someone please throw her in their trunk, drive her out in the middle of nowhere and drop her off.

    November 13, 2008 03:23 pm at 3:23 pm |
  14. Sam V

    In Palin Land she thinks she won the race and she is in the Oval Office.....everytime she opens up that mouth of her's I just feel like puting in a salty Salami!

    November 13, 2008 03:25 pm at 3:25 pm |
  15. ANGIE

    The Gop has released a brainless monster, please Gop you want to get back in touch with the people and gain their respect again you can start by keeping Palin out of the media, and political spotlight. stop insulting our Intelligence or you will never come back!

    November 13, 2008 03:27 pm at 3:27 pm |
  16. kc

    The more this woman talks, the more grateful I am that the country had the brains to ignore her rhetoric & keep her out of Washington

    November 13, 2008 03:27 pm at 3:27 pm |
  17. Allen, Jacksonville, Florida

    She's not "going back to Alaska" because this is a schedule event that occurs every year. That's why the media is covering it. Also, she's a major player in the political arena now, as a result of the '08 election. Deal with it, guys. We're going to see a lot of Sarah Palin over the next 20 years.

    The Democrats have their own annual meeting of the governors as well. I'm sure we'll receive coverage for that as well.

    November 13, 2008 03:28 pm at 3:28 pm |
  18. AD

    Ha! It's like a comedy skit: Palin talking about "accountability and personal responsibility" and ethics reform. I mean, really now.

    November 13, 2008 03:28 pm at 3:28 pm |
  19. Henry Miller, Cary, NC

    Palin's right–the bigger the role of government, the smaller the role of the private citizen. The more money the government taxes away from individuals in taxes, the less free those individuals are to spend the money they've worked for.

    I just wish she'd said that before the election.

    November 13, 2008 03:28 pm at 3:28 pm |
  20. She's A MORON

    She says "she may not say things the way we want her to say them". Excuse me, we'd like her to say things the way her English grammar book says she should say it.

    There's something called ENGLISH GRAMMAR that escapes this woman. She may not think much of it, but it comes in pretty handy when you're talking to the ENTIRE COUNTRY. Don't mind us Sarah, we're funny that way. We like our politicians to communicate in a language we can understand.

    November 13, 2008 03:28 pm at 3:28 pm |
  21. Xavier, Saint Louis, Missouri

    For the Love of God, will you media people please get off the Palin kick! You media clowns are so obsessed with this airhead and for what reason, I don't know.

    The American people are so tired of hearing about this airhead, but the media just can't get enough of her. Please give it a rest, so this woman will go away!

    November 13, 2008 03:29 pm at 3:29 pm |
  22. michael

    I'll say one thing for her..boy was she mishandled by the McCain campaign. Given the freedom to speak she is proving a very intelligent and charismatic figure who has a lot of smart and focused things to say in these troubled times.Boy did the McCain campaign screw up with Ms Palin!!!! I have a lot more respect for her now than i ever did.

    November 13, 2008 03:29 pm at 3:29 pm |
  23. Anne

    I believe many have underestimated Sarah Paline. For one thing, she is working hard with the state of Alaska to develop and provide energy for the lower 48 states. She has been a wonderful govenor and I believe she will have a large role in America's future.

    November 13, 2008 03:29 pm at 3:29 pm |
  24. Henry Miller, Cary, NC

    Palin's right–the bigger the role of government, the smaller the role of the private citizen. The more money the government taxes away from individuals in taxes, the less free those individuals are to spend the money they've worked for.

    I just wish she'd said that before the election–it might have been more relevant.

    November 13, 2008 03:30 pm at 3:30 pm |
  25. VA

    I am Sick of here

    November 13, 2008 03:30 pm at 3:30 pm |
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