(CNN) – Alaska governor Sarah Palin let loose Wednesday on the Obama administration for enacting fiscal policies that "fly in the face of principles" and "defy Economics 101."
In a speech introducing Michael Reagan - the son of former President Ronald Reagan - to an audience in Anchorage, Palin warned that the government is planning to "bail out debt ridden states" so it can "get in there and control the people."
"Since when can you get out of huge national debt by creating trillions of dollars of new debt?" Palin asked. "It all really is so backwards and skewed as to sound like absolute nonsense when some of this economic policy is explained."
"We need to be aware of the creation of a fearful population, and fearful lawmakers, being led to believe that big government is the answer, to bail out the private sector, because then government gets to get in there and control it," she said. "And mark my words, this is going to be next, I fear, bail out next debt-ridden states. Then government gets to get in there and control the people."
"Some in Washington would approach our economic woes in ways that absolutely defy Economics 101, and they fly in the face of principles, providing opportunity for industrious Americans to succeed or to fail on their own accord," she said. "Those principles it makes you wonder what the heck some in Washington are trying to accomplish here."
Though the bulk of her remarks focused on government encroachment into the private sector, and praise for former President Reagan's views on limited government, the former vice presidential candidate briefly touched on national security. She told the crowd that "the terrorists are still dead set against us" and that her son Track is still deployed in Iraq.
"It is war over there, so it will not be war over here," she said. "And it had better still be our mission that we win, they lose."
She also pointed to the recent dismissal of another ethics complaint against her, one that accused the governor of having a conflict of interest for wearing a jacket to the opening of the Tesoro Iron Dog race in February that feautured the logo of the sponsor of her husband's team. Palin has been forced to set up a legal defense fund to help pay for fees related to an onslaught of ethic complaints.
Palin said of the people who have filed the complaints: "Those are the folks who want to tell me, they want to tell you, to sit down and shut up. We will not do that. I just can't, because I love my state. I love my country."
I don't know Sarah. Maybe it works in much the same way that lowering taxes raises government revenue.
Why can't this moron just shut ad go away. No one cares what she has to say she is a idiot..
She is correct.
Little Miss Ice Chip and Michael Reagan. Now that's about as deep as an Alaskan mud pit and ethical as a Ted Stevens construction project.
If Palin had actually taken economics instead of 5 years of communication classes in 6 schools, she might know that if people are not spending and you cut back government spending too, then there will be no source of spending that will give people money. You betcha. Wink wink!
Funny that she thinks the government wants to control the states. I was under the impression that is what the Republicans were trying to do with their upright moralistic views and ideology.
Push your beliefs on the public long enough and hard enough and they will start believeing it...I mean isn't that what Bush and Cheney and Rove did the whole timne while Bush was in office??
Sarah..be quiet and stay in Alaska.
U flippin hack! SO let GM fail. and all banks fail. and let see how you really like chaos. Get a grip. You only took econ. 101, You forgot about econ 420. Advanced Econ.......... how to get out of a depression = Gov. spending. mmmm sucks to read books doesnt it.
Um, let's see. The first bailout came under the watch of good ol GW in 2008. Not that I agree with the bailout of the auto industry either, but if your are going to start swinging Sarah at least start at the beginning and not just where Obama took over....................................
pilin....you talking about principles and economics????????typical CON servative trash, check your home principles before you spew your hatred
I am pretty sure she never took Economics 101.
Does this sound parnoid to anyone? If not, then you might want to see a doctor. Has she taken Econ 101? If so, how long did she look at the books? I am starting think that people should challenge her sanity. Is there too much Limbaugh in her head? This sounds like someone who fears too much.
Oh Sarah, forgive you not for you know not what you say.
The GOP continues to flounder in the shadows of President Obama. They pursue a downward spiral in hopes of resurrecting their idealistic rhetoric against a man who has, in such a short amount of time, revolutionized the presidency of the United States for the good of all humanity.
..and please, stop calling the kettle black...no pun intended.
I think Sarah Palin would be more politically viable if she had been present in Salem during the witch trials. Look! Something I either don't understand or is foreign to me, BURN IT!
I agree with the good Governor. Government is too big and should no longer subsidize each and every Alaskan citizen with those big oil welfare checks. Thanks for putting "Country first", Sarah. If we shouldn't bail out debt ridden states, we certainly shouldn't subsidize non-debt ridden states. Economics 101.
How about a wink, cutiepie?
oh good lord... the government taxes us just so they can control us. Ok paranoid freak. shut up and take a seat in the background where you belong.
said the governor of the state that accepts the most earmark money.
'defy Economics 101'? Well sarah, 2 + 2 = 4 and 2 x 2 = 4. However, 2 + 3 = 5 BUT 2 x 3 = 6. Now, does that 'defy the law of addition'? Of course not. See sarah, the solution is just a little more complex than Economics 101, which I seriously doubt you were studied anyway.
this women is sick and myopic...control the people??????!!!!!! GOP good luck
Now who told Palin about Econ 101. She hate the bloggers but look like Todd Palin has been keeping up with us bloggers! Sarah go away you will never step foot in a position in the lower 48 or for that matter the Woman in Chief Ms. dummy – there is another woman in awaiting for our Party. You are not one of us!
Sarah you have become irrelevant...what do you know about ecnomic 101?
Actually, Sarah, the government just wants to control hormone driven teenage girls from having unprotected sex. If you were doing YOUR job as a mother and a Governor, the federal government wouldn't have to spend millions on teaching families comprising dumb people like you how to be responsible.
Does anyone believe that Palin could have earned a passing grade in Economics 101? One thing you have to say for her, she certainly doesn't have anyone writing (or editing) her speeches.
She's getting Economics 101 and Home Economics classes mixed up... again.
The view of Russia must be really nice this time of year.