[cnn-photo-caption image= http://i2.cdn.turner.com/cnn/2009/images/04/08/art.palincu0408.gi.jpg caption="Sarah Palin spoke in Anchorage on Wednesday."](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."
Go Sarah at least some one knows what is truly going on
Sarah needs to "get in there" and come up with solutions and not just complaints and proposed tax cuts, which have never proved to be effective. Alaska is also in debt, so how does Sarah propose to "get in there" and fix that?
Oh God when will she go away? I didn't know there was a coloring book for economics 101 for her handlers to try to explain it to her. If she's the best the GOP's got, you folks are in serious trouble.
I love it when Republicans who were all for illegal wiretapping of Americans, illegal indefinite detentions, the eroding civil liberties in the name of safety, mass secrecy in government and expansion of the executive branch – talk about Obama being controlling.
I agree...sit down and shut up and do your job.
Maybe we can send Caribou Barbie and Susan Boyle to the same island for 25 years. Enough Sarah, we GOP'ers have enough problems right now.
I knew it was too good to be true....we could not go 1 week without hearing about the Palins or stories related to them.
Less Palin more news, Less Palin more news, Less Palin more news!
Gov. Palin is correct!
It has already been proven with President Obama firing a CEO of a private company.
But the left will cry foul, and insist that big government and a Nanny State is the answer.
Dear Ms. Palin,
Please, you've got to understand that America doesn't need you, the International community doesn't take you seriously...PLEASE go away! Be a Patriot!...the only ones that really need you are your abandoned and neglected kids!
Please. GO AWAY Ms. Palin.
"Kudos" to the poor person that had to transcribe this drivel. She has no coherent thoughts and thus no coherent speech pattern. Reading this, one gets the impression that perhaps too much alcohol was ingested during her time at the University of Idaho in Moscow, Idaho.
Maybe that's where she got that phrase..."I can see Russia from my house."
Perhaps it started with "I can see Moscow from the bathroom floor in my dorm."
Nice to see Governor Palin's ramblings are as vapid and inarticulate as ever.
What the hell would she know about Economics 101???? Maybe she can see the Treasury Dept. from her porch also – right next to Putin and those Russian's. What is he thinkin'?
I should think that Mrs Palin has enough on her plate.She may need to leave weightier matters of governing to informed elected officials
god why wont she shut up and go away. She should be holed up in a cabin with a tinfoil hat on
Go away, Sarah.
I wish the government could control whether or not this woman gets to speak.
Sarah's a fine one to talk about "backward and skewed."
She is such a joke. Keep it up, if this is what they have dems will be in the office for a very very long time. The only people she is confusing is the GOP. Moderates don't think she can cut it..Ya betcha! That is who she is going to have to convince...
hahaha.. what do youknow about econ 101.. You had to go 4 colleges to finish your journalism degree.
LOL. "Defies Economics 101".
Do you really think Sarah Palin passed Economics 101?
Sarah Palin can still make the news??? I thought she was officially classified as "irrelevant." I love her comment: "Some in Washington would say that..." This is an age old debating tactic, Ms. Palin. Tell us, who are the "some?" Name them! you can't because they don't exist. Please, please, please: Do your country a service, and go away forever.
No she didn't. Who is she to talk. Oh that's right nobody.
is she joking?
geez, and I was just thinking how great it has been NOT seeing in her headlines.
Did anyone else laugh out loud at the idea of the Sarah Palin even knowing the principles taught in a university-level Economics 101 course?
Sarah Palin is clearly a prime example of someone who registered and attempted an Economics 101 course and FAILED!
Governor Palin– You embarassed your state and your gender during the election. You lost. Do us a favor: Be quiet.