[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."
Her Again?!
"We need to be aware of the creation of a fearful population....." ?????? I thought that was the complete republican strategy!
When the Fed bails out states like California then it will give them too much control over state rights. California is screwed... just like other blue states.
"Failing Palin" would do better if she CONTROLLED her family and leave the government to qualified individuals.
Really, Ms. Palin? Where was your outrage when the previous adminstration starting digging the hole we now find ourselves in?
As much as most of America would love to see you sit down and shut up, I do not see you ever doing that. You are too much into yourself sarh palin. And except for your base, you are not wanted in the limelight. And for goodness sakes, don't any of you start how we are afraid of sarah. I left the Republican Party because of her being the choice for the VP. She spewed so much hate, don't know how any Christians can support her. She has so little inteligence it is hard to believe that anyone with common sence could support her. Please go away sarah
Governors and Government need to fear the people.
What in the heck would she know about economics 101? Shut up Sarah, no one cares what you have to say!!
"Control the people..."? You know, we don't hear from this ignorant moron for awhile and you forget what an idiot she really is...and then she speaks again. The fact that she is even a brief thought of a possible presidential candidate by right wing conservatives prove beyond a shadow of a doubt how out of touch or better yet, stupid the base of the GOP really are. Pathetic.
Careful how you speak Gov. Palin. Because of your close proximity to Russia, the President is considering you for a post to Russia as the Ambassador. This way the government can save money because you can come home every night since you are so close to Russia and can even see your work place from your house. So be careful not to put your Moose in your mouth.
Sarah Palin has got it right! Look at what is happening to our country. Contol over the food, water, transportation, ....... beware thy citizens, beware.....
Palin and whoever for president in 2012 has my and my families vote all the way!!! These liberals do NOT have america in their best interests.
Debt is dumb and makes you nothing but slave to the lender.
Palin can't even speak English 101
All this coming from someone not even capable of keeping "control" of her own house! I doubt she could "control" a bowel movement!
funny that ms. palin would say – "...sound(s) like absolute nonsense...".
one could make a bit of an argument that most of what she says is absolute nonsense.
go away already. in fact, take cheney with you.
This witch can't distinguish foreign policy with seeing Russia from her window, and wants to talk about Economics.
With all due respect Governor Palin, I am more fearful of Conservative Republican saberrattling. The administration doesn't scare me. Palin is the bridge to nowhere.....
NO ONE CARES!!!
Stop reporting on this one hit (almost) wonder...PLEASE!
We dont need to give her any more publicity!!
Have this idiot ever taken an English 101 class? God she is horrible.
does she know Alaska is in debt. I want her to run in 2012, becouse i want to hear her speach after she losses.
Talk about putting people in fear, you and your kind wrote the book! You should of geared all this anger towards the GOP who put us in this place from the start with the Bush administration. A little too late to be blaming and whining now...
In large part due to all the violations committed to our constitutional rights by the cheney/bush administration its become a LOT easier to do just that, control the people.
It is now and has been for a while a "people for the government" not the reverse.
Having 25% of business fail is one thing, letting them all go under until the Chinese come in and buy them is another. Economic 101 says that you gave away you economic independence by letting greedy companies move their manufacturing base to foreign countries, and in the process create an unfair market. Now those same countries are coming into the US and buying your assets. I rather have the USA government owned these business for a short time than see more of the economic base owned by foreign countries.
Still can't believe she has such an audience.