November 13th, 2008
12:20 PM ET
10 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. Sally

    Palin makes me Sick !

    November 13, 2008 03:32 pm at 3:32 pm |
  2. ConsiderThis, FL

    Palin's speech is nothing more than a composit of political pundits' views. She has no original thought. Everybody talks about the historic nature of President-Elect Obama's win. And while that was certainly historic, a totally unqualified and incapable person (Palin) being selected to be one heartbeat away from the presidency and giving her the opportunity to be voted for is even MORE HISTORIC! I hope that America has come a long way in its judge of competence and will not allow a totally unqualified person (Palin) to come close to the presidency ever again.

    November 13, 2008 03:32 pm at 3:32 pm |
  3. HiFi

    I feel like George C. Scott in "Hardcore"..."Make it stop, make it stop!" That would be a good You Tube video...playing her interview while forcing Scott to watch it.

    November 13, 2008 03:32 pm at 3:32 pm |
  4. John

    I do think we should let the automakers go bankrupt. If I wouldn't invest my money to buy a US vehicle because I think they are inferior I certainly don't want to invest my social securrity against them. In bankruptcy they can reorganize to something reasonable. Let the union bail them out. If they take ownership that would be a reasonable start. No matter how much money you throw on that fire they will go bankrupt, the question is, "How soon will they go bankrupt?".

    On another note Palin has no clue so don't even try to convince me that she does.

    November 13, 2008 03:32 pm at 3:32 pm |
  5. SD,Michigan

    And her opinion on the bail-out is relevant because?...
    Her people up in AK live from hand-outs, why the outrage?
    Cuz it's trendy...
    Sure I want coverage on the bail-out, but from people who actually know what it means and its consequences. Can you do that, CNN?

    November 13, 2008 03:33 pm at 3:33 pm |
  6. Andrew

    MY GOD WHO CARES WHAT SHE HAS TO SAY?!!!!!! This is officially getting ridiculous. When have we EVER gotten this much news coverage of a failed VP candidate? She's clearly proven she has no idea what she's talking about. If this isn't evidence of a conservative media, I don't know what is. Stop giving her a voice, let her go back to being governor of Alaska, and if Alaskans have any good sense, they'll vote her out next time around. Maybe we'll never have to hear about her again.

    November 13, 2008 03:33 pm at 3:33 pm |
  7. 3strikes

    palin trying to get a natural gas pipeline for the united states and the airhead nobama democrats are all dogging her, ya'll showing your idiocy.

    November 13, 2008 03:34 pm at 3:34 pm |
  8. Geoff

    It is far better to remain silent and be thought a fool than to open your mouth and remove all doubt.

    Sarah, please just go away already!

    November 13, 2008 03:34 pm at 3:34 pm |
  9. roy

    This is like Mike Ditka criticizing soccer!! Could someone tell Palin that the Repblicans and the ones who GREW the government the last 8 years and threw us into this deficit by ignoring the balanced budget!
    So on one hand, "the election is over", yet on the other hand she is decrying the media for 'dissecting the past' when SHE is the one who could only talk about Obama's past during the election.

    How many sides of her mouth can she talk out of at the same time!!

    Gimme a are sinking your own help them GO HOME AND STAY THERE, just don't bill the state for it.

    November 13, 2008 03:34 pm at 3:34 pm |
  10. BM

    This woman is such a fraud and a vindictive one at that. With the first dude not even having a high school diploma and based on her salary, how can they manage to have a million dollar bank account? Those poor Alaskans!
    How can she criticize the bailout when she spent 150,000 on clothes for her and her family?

    November 13, 2008 03:35 pm at 3:35 pm |
  11. SG in SD

    WHO CARES??? STOP!!!!

    November 13, 2008 03:35 pm at 3:35 pm |
  12. AM

    Would somebody please tell Palin to think before opening the mouth and also to read current affairs?

    November 13, 2008 03:36 pm at 3:36 pm |
  13. James

    She can't go away. The news media has followed her to her home. FOX, NBC, CNN and others have request in. How come they did not let her speak to the media while the campaign was still on? Heck the lady is preparing chili dogs in her kitchen at home for all the media.

    November 13, 2008 03:36 pm at 3:36 pm |
  14. TyWebb

    But not the ethics violation bailout she received...

    November 13, 2008 03:37 pm at 3:37 pm |
  15. Vicky, NJ

    She's too stupid to know she's stupid. What will it take to shut this woman up–she's uneducated and the biggest joke around. She makes up words, turns verbs into nouns, and nouns into verbs. I'd like to smack her English teacher.

    Americans have had enough, this woman should close her mouth and never say anything in public. Seriously.

    November 13, 2008 03:37 pm at 3:37 pm |
  16. Kathy from Phoenix

    Palin's opinions carry no power, her voice is irritating and I wish she would just shut her pie hole and stop thinking AND speaking - sometimes even at the same time.

    She needs to stand by her original beliefs and attacks made during the campaign - now that she has no purpose in front of the camera - she obviously reapplied her ugly bulldog lipstick and kissing everyone's backside who provides a forum for her babble.

    November 13, 2008 03:37 pm at 3:37 pm |
  17. Reason

    What is wrong with republicans can any body with reasonably thinking mind believe Sara Palin has what it takes to be a leader you know every time I listen to her speak it just reminds me of Aristotle's definition of "nothing"He define it as follows NOTHING IS WHAT ROCKS DREAMS ABOUT"

    November 13, 2008 03:38 pm at 3:38 pm |
  18. Dan

    Republicans caused it. Republicans are mired in various ethics probe, including Miss Dimbulb herself. And they're gonna fix it?!? Puh-leeeese.

    November 13, 2008 03:38 pm at 3:38 pm |
  19. Thabang, Pretoria

    The only reason I dont like Palin is bcoz she's a Republican. I think most of you guys are very hard on her.She got the spotlite during the campaign and I think she's news.

    November 13, 2008 03:38 pm at 3:38 pm |
  20. Thomas

    When is the press going to stop saturating us with Sarah the Governor? The woman simply cannot contribute to the geo-political conversation in anything but innane sentence fragments. Is this news? The election is over. The people have spoken...and by an electoral college landslide I might add. Time for Palin to fade into obscurity.

    November 13, 2008 03:39 pm at 3:39 pm |
  21. Bill_ MA

    The republicans have saved their rich friends on Wall Street. When it comes to UAW jobs the republicans really do not care. Americans who care about their own jobs might consider buying an American made car from Detroit. JFK did say "ask what you can do for your own country". The government can't go out and buy American manufactured goods for us. This global economy doesn't seem to help us as much as it does other countries.

    November 13, 2008 03:39 pm at 3:39 pm |
  22. Dexter Skagway

    Airheads of the world, unite! Palin – Hilton 2012! World Domination and BFF!

    November 13, 2008 03:40 pm at 3:40 pm |
  23. Farrell, Houston, Tx


    November 13, 2008 03:40 pm at 3:40 pm |
  24. JS Finley

    STOP STOP STOP with the Plain reporting. The election is over, McCain/Palin lost. Give it a rest-we're all getting f'ing tired of the news media trying to fill up airtime reporting on this major non-issue. ENOUGH!

    November 13, 2008 03:40 pm at 3:40 pm |
  25. rob

    enough already CNN. can you talk about anything else .

    November 13, 2008 03:41 pm at 3:41 pm |
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