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Palin Calls for Action on Financial Crisis

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By Juliet Eilperin
NEW YORK -- As GOP presidential nominee John McCain suspended his campaign to focus on the nation's financial crisis, his running mate Sarah Palin suggested the country could face another depression if Congress did not enact a bailout plan in the near future.

In a taped interview that will air later today, CBS Evening News anchor Katie Couric asked Palin about the $700 billion bailout package, "If this doesn't pass, do you think there's a risk of another Great Depression?"

"Unfortunately, that is the road that America may find itself on," the Alaska governor replied. "Not necessarily this, as it's been proposed, has to pass or we're gonna find ourselves in another Great Depression. But there has got to be action taken, bipartisan effort -- Congress not pointing fingers at this point at -- at one another but -- finding the solution to this -- taking action, and being serious about the reforms on Wall Street that are needed."

Palin, who continued to meet with foreign leaders in New York today, told reporters this afternoon that she had enjoyed her sessions with several heads of state. Today the GOP vice presidential nominee met by herself with Iraqi president Jalal Talabani and Pakistan president Asif Ali Zardari, and was joined by McCain in meeting Georgian president Mikheil Saakashivili and Ukrainian president Victor Yushchenko.

"It's going great," she said of her day. "The meetings are very informative and helpful. A lot of good people share an appreciation for America."

Later today, Palin will meet with Indian Prime Minister Manhoman Singh, along with U2 frontman Bono.

By Web Politics Editor  |  September 24, 2008; 3:43 PM ET
Categories:  B_Blog , Sarah Palin  
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Comments

Well, I was told by one America that Canada and the world should take care of our own house. Well we are, you are not. You lost track of potential change and your best Allies.
So suffer, and like even as a dumb Canadian months ago, you AIN'T seen nothing yet. You still use that word, don't you.

Posted by: justada55+ | September 25, 2008 8:45 AM | Report abuse

Does anyone listen to what this woman says?

No, but she looks good.

Posted by: Don | September 25, 2008 12:21 AM | Report abuse

I heard her speak but she didn't say anything.

It seems listening to her speak one loses a bit of their lives to a void not unlike a black hole. with lipstick.

Posted by: ripley | September 24, 2008 10:55 PM | Report abuse

From a related article:

The chairman of the House Financial Services Committee, which was holding a hearing on the bailout, added "I'm not particularly focused on Senator McCain. I guess if I wanted expertise there [from the GOP ticket], I'd ask Sarah Palin."

Posted by: ma.shie | September 24, 2008 10:30 PM | Report abuse

This is for Mark - In the United States, mortgage lending specifically, the term "subprime" refers to loans that DO NOT meet Fannie Mae or Freddie Mac guidelines. I know you are trying to be smart but your citation of the NY times article from September 2001 has NOTHING to do with the mess we're in now - you're comparing an apple to an orange.

http://www.cbsnews.com/stories/2008/01/25/60minutes/main3752515.shtml

Also, what's more important than what Barney Frank (who is not running for president) said in 2001 is what Barak Obama is saying now - please read:

March 27, 2008 - "Senator Barack Obama called Thursday for tighter regulation of mortgage lenders, banks and other financial institutions"

http://www.iht.com/articles/2008/03/27/america/27obama.4.php

What Barak Obama wants is a regulatory agency (much like the SEC) to regulate the mortgage banks (ie. the lenders) and the investment banks that package the Mortgage backed securities, Asset backed securities, CDOs, CMOs, Commerical Paper and sell them to buyers around the world.

PROOF - you need to do your homework!

Posted by: esheri | September 24, 2008 10:24 PM | Report abuse

This is for Mark - In the United States, mortgage lending specifically, the term "subprime" refers to loans that DO NOT meet Fannie Mae or Freddie Mac guidelines. I know you are trying to be smart but your citation of the NY times article from September 2001 has NOTHING to do with the mess we're in now - you're comparing an apple to an orange.

http://www.cbsnews.com/stories/2008/01/25/60minutes/main3752515.shtml

Also, what's more important than what Barney Frank (who is not running for president) said in 2001 is NOT what Barak Obama is saying now:

March 27, 2008 - "Senator Barack Obama called Thursday for tighter regulation of mortgage lenders, banks and other financial institutions"

http://www.iht.com/articles/2008/03/27/america/27obama.4.php

What Barak Obama wants is a regulatory body(much like the SEC) to regulate the mortgage banks and the credit agencies(ie. the lenders), and the investment banks that package the Mortgage backed securities, Asset backed securities, CDOs, CMOs, Commerical Paper and sell them to buyers around the world.

PROOF - you need to do your homework!

Posted by: esheri | September 24, 2008 10:22 PM | Report abuse

AsperGirl,

Maybe by your reckonin', but then I've read way too many of your vitriolic posts to give any credence to what you have to say.

Posted by: Independent | September 24, 2008 9:58 PM | Report abuse

Amazing...Sarah Palin actually said less than the sum of her words. She's an intellectual vaccuum.

(Reminds me of someone who couldn't keep his appointments with the Air National Guard.)

Posted by: Brent Walker | September 24, 2008 9:52 PM | Report abuse

http://www.youtube.com/watch?v=TnpCDPIfb9I

As good a summary as I've seen of a McCain presidency...

Posted by: ed | September 24, 2008 9:50 PM | Report abuse

"Later today, Palin will meet with Indian Prime Minister Manhoman Singh, along with U2 frontman Bono."

??? Are we supposed to take any of this seriously? Bono? Palin? WTF? My 6th grader has a better grasp of world politics and geography than either Palin or the Post.

BTW, Ms Eilperin, the Indian Prime Minister spells his first name Manmohan.

Posted by: H5N1 | September 24, 2008 9:31 PM | Report abuse

She is so much more coherent than Biden.

Posted by: AsperGirl | September 24, 2008 9:29 PM | Report abuse

Did Palin ask Karzi if his prievious Job as a Oil exec at Interoil and work on the feasability for a major gas/oil pipeline through the place (Ironically in a potential JV with Enron) pre Sept 11....was helpful in him being President of the place - or did his mate Cheney give him a reference....did she say "hey we have a lot in common we both can see Russsia and we also have gas and oil pipelines"

Puppet meets Puppet.... where is the puppet master????? Then the other puppets - The Georgian guy who gets consulting advice of Mc Cain mates - puppets everywhere to make the rag doll look good. But where is the puppet master his puppet strings are getting abit tangled and now one got loose from his strings - Lil Johnny Mc Cain has run away back home to hide under their skirts till they can fix the strings meanhile the rag doll plays meet the puppets....Now George is calling everyone into the white house to saveus from the "great next fear campaign" to stay in power - the depression - makes you wonder maybe they gave Paulson the job in the first place to make it happen then they try and fix it...but last week they criticised Obama for talking the economy down... Bush and Mc cain just slam dunked it...whilst Palin put her lipstick on to meet the puppets....Vote this lot in and we expect to hear the sound of flushing not slam dunking over there in the US

Posted by: col in paradise | September 24, 2008 9:29 PM | Report abuse

Posted by: dotheresearch | September 24, 2008 9:28 PM | Report abuse

I'm sorry, but with all due respect her comments were rather incoherent.

Posted by: Independent | September 24, 2008 9:10 PM | Report abuse

her pastor really does make Wright look like the Archbishop of Canterbury. He's apparently part of the scandalous tradition of witchunting in Kenya, which has a history of killing, maiming and torturing women accused of being witches. Her pastor keeps bragging about his trip there to save a village from a witch, in which he harrassed her out of town.

and Sarah not only stayed in the pew, she had him pray over her to protect her from any witchcraft. so much for women's issues, she would have been a hit in Salem 300 or so years ago, but not now.

and yes, if this had been Obama, Hannity would soil himself. Where is he now?

Posted by: JoeT | September 24, 2008 9:09 PM | Report abuse

"Why is she qualified how to act on the biggest economic problem since the Depression, and how quickly to act on it?"

Oh come on Kent S. Rose, after taking over as Mayor of Wasilla didn't she put the GOP Platform in to full gear and go from $0 debt to $22 Million dollars without "blinking?"

Hey, where did I hear that line before?


Posted by: Anonymous | September 24, 2008 9:01 PM | Report abuse


Good lord, on MSNBC they just showed footage of Palin at her church, being blessed by a Kenyan witch hunter. I'm telling you folks, you can't make this stuff up!

Can you IMAGINE if that had been Obama? The right wingnuts went berserk over Rev. Wright. Well, he looks mainstream compared to the witch hunter.

Incredible.

Posted by: Monk | September 24, 2008 9:00 PM | Report abuse

I see,

This was all a ruse to get Bono's autograph.

I knew there had to be a reason.

I'm sure after the meetings with the Governor, talking about the kids, the grandkids and the yada, yada family life in general, the world leaders were overjoyed to jump on a flight back home and listen to the car bombs going off.

Wouldn't you?

Posted by: Hello | September 24, 2008 8:57 PM | Report abuse

Am I correct in thinking Palin received a "D" grade in Macroeconomics? Why is she qualified how to act on the biggest economic problem since the Depression, and how quickly to act on it?

Posted by: Kent S. Rose | September 24, 2008 8:55 PM | Report abuse

it would be more newsworthy if she didn't call for action on the financial 'crisis'.

There is no crisis, unless you are a shareholder of a giant overleveraged bank.

When their house of cards falls other banks will step in. Most likely they wont be American, but thats globalization right? At least that's what they told the manufacturers that closed.

Posted by: mike | September 24, 2008 8:51 PM | Report abuse

anonymous: sorry, Phil Gramm would be very upset to learn that he doesn't get the credit for deregulating the finance industry on behalf of UBS and the big banks he lobbys for, and McCain's chief lobbyist (campaign manager) whose lobbying firm he still has a financial interest in and received money from Freddy Mack as recently as last month, would be very upset that he doesn't get credit for getting Freddie what it wanted from access to McCain.

the push for loans to people who shouldn't have gotten them is an issue, but it wasn't even close to the major one. it was the lenders who took the excuse to make loans to folks they knew the regulators did not have in mind with this program

now we find that Palin not only knows very little about anything, she needs her pastor to lay hands on her to exorcise any witchcraft spells that might be affecting her. You can't make this up, it's on videotape and playing on a cable show near you. Palin's pastor thinks we have a witch problem, and Palin thinks she needs his protection from witchcraft. wow. you can't make this stuff up

Posted by: JoeT | September 24, 2008 8:51 PM | Report abuse

I'd pack Sarah up and ship her off to Alaska, but I'm not sure they want her back. In the last 3 weeks, her popularity has fallen from 82% to 60%. Those folks aren't very happy with her Troopergate lies and refusals to answer questions. Nixon in a dress folks. She thinks she is above the law - avoid at all costs!

Posted by: genuine risk | September 24, 2008 8:47 PM | Report abuse

Palin can SHUT UP! Nobody, in their right mind takes her seriously.

Posted by: L Martin | September 24, 2008 8:43 PM | Report abuse

While mending a cut on the hand of a 75 year old rancher whose hand was caught in the gate while working cattle, the doctor struck up a conversation with the old man. Eventually the topic got around to Sarah Palin and her bid for vice president.

The old rancher said, "Well, ya know, Sarah Palin is what you call a 'Post Turtle'."

Not being familiar with the term, the doctor asked him what a 'Post Turtle' was.

The old rancher said, "When you're driving down a country road and you come across a fence post with a turtle balanced on top, that's a 'Post Turtle'."

The old rancher saw the puzzled look on the doctor's face so he continued to explain.

"Well, you know she didn't get up there by herself, she don't belong up there, she don't know what to do while she's up there, and you just wonder what kind of dummy put her up there to begin with."

Posted by: Anonymous | September 24, 2008 8:40 PM | Report abuse

I haven't followed Gov. Palin much but that extensive quote of her remarks on the financial crisis is frightening. Is she really as illiterate as it sounds she is?

"We're gonna find ourselves..." GONNA? Holy Dubya! That ain't how a presumptuous Vice President should be talkin'.

Posted by: Ben Crawley | September 24, 2008 8:36 PM | Report abuse

So, the Democrats are like little rabid Chihuahuas going after Sarah Palin but nobody seems to be talking about Biden's recent gaffes-- did not know who was president during the Great Depression and thought TV was invented then, lol. Check the vid clip in my blog:

http://www.mccain08-hillary2012.blogspot.com/

Posted by: Anonymous | September 24, 2008 8:36 PM | Report abuse

Sarah does not have a clue and the clever guy who picked her does not either. But he sure knows how to get the lime light--even if his idea of postponing the debate risks to magnify the crisis here and abroad.
But everything to make McCain president. What a farce that he sells the slogan "Country First."
But the real stunner is that both Republicans and Democrats in congress who seem to be shocked by the $700 billion price tag attached to the bail-out, continue to approve money for the Iraq War that has so far cost us nearly as much as the bail-out will.
For more on this, read:
http://www.reflectivepundit.com/reflectivepundit/2008/09/wall-street-bai.html

Posted by: BN | September 24, 2008 8:35 PM | Report abuse

I trust Palin's judgment over Obama's and Biden's.


The liberal policies of the Democrats were responsible for creating this mess.


In 2003, the Bush administration wanted to regulate Fannie Mae and Freddy Mac... and the Democrats refused!


See this New York Times article from September 11, 2003.


http://query.nytimes.com/gst/fullpage.html?res=9E06E3D6123BF932A2575AC0A9659C8B63&sec=&spon=&pagewanted=1


There you have it.


Proof!


The Democrats DID NOT WANT to regulate Fannie Mae and Freddy Mac.


Note the Barney Frank quote on page 2 of the New York Times article from September 11, 2003. It's very revealing!


It was the Democrats who pushed for this deregulation -- because the liberals feared that regulations placed on Fannie Mae and Freddy Mac would deny home loans to poor minorities.


A vote for Obama in November is a vote for unprecedented financial DISASTER. You ain't seen nothing yet!


The Democrats caused this financial mess with their stupid deregulation of the mortgage industry via liberal policies of forcing lenders to lend to poor people... who can't possibly pay back.

Posted by: Mark | September 24, 2008 8:34 PM | Report abuse

I trust Palin's judgment over Obama's and Biden's.


The liberal policies of the Democrats were responsible for creating this mess.


In 2003, the Bush administration wanted to regulate Fannie Mae and Freddy Mac... and the Democrats refused!


See this New York Times article from September 11, 2003.


http://query.nytimes.com/gst/fullpage.html?res=9E06E3D6123BF932A2575AC0A9659C8B63&sec=&spon=&pagewanted=1


There you have it.


Proof!


The Democrats DID NOT WANT to regulate Fannie Mae and Freddy Mac.


Note the Barney Frank quote on page 2 of the New York Times article from September 11, 2003. It's very revealing!


It was the Democrats who pushed for this deregulation -- because the liberals feared that regulations placed on Fannie Mae and Freddy Mac would deny home loans to poor minorities.


A vote for Obama in November is a vote for unprecedented financial DISASTER. You ain't seen nothing yet!


The Democrats caused this financial mess with their stupid deregulation of the mortgage industry via liberal policies of forcing lenders to lend to poor people... who can't possibly pay back.

Posted by: Mark | September 24, 2008 8:34 PM | Report abuse

Here's the REALLY FUNNY part of Palin's interview:

COURIC: You've said, quote, "John McCain will reform the way Wall Street does business." Other than supporting stricter regulations of Fannie Mae and Freddie Mac two years ago, can you give us any more example of his leading the charge for more oversight?

PALIN: I think that the example that you just cited, with his warnings two years ago about Fannie and Freddie--that, that's paramount. That's more than a heck of a lot of other senators and representatives did for us.

COURIC: But he's been in Congress for 26 years. He's been chairman of the powerful Commerce Committee. And he has almost always sided with less regulation, not more.

PALIN: He's also known as the maverick though. Taking shots from his own party, and certainly taking shots from the other party. Trying to get people to understand what he's been talking about--the need to reform government.

COURIC: I'm just going to ask you one more time, not to belabor the point. Specific examples in his 26 years of pushing for more regulation?

PALIN: I'll try to find you some and I'll bring them to you.

.....Don't hold you breath, Katie! hahahahahaha!

Posted by: LH | September 24, 2008 8:29 PM | Report abuse

The Democrats created this mess.


In 2003, the Bush administration wanted to regulate Fannie Mae and Freddy Mac... and the Democrats refused!


See this New York Times article from September 11, 2003.


http://query.nytimes.com/gst/fullpage.html?res=9E06E3D6123BF932A2575AC0A9659C8B63&sec=&spon=&pagewanted=1


There you have it.


Proof!


The Democrats DID NOT WANT to regulate Fannie Mae and Freddy Mac.


Note the Barney Frank quote on page 2 of the New York Times article from September 11, 2003. It's very revealing!


It was the Democrats who pushed for this deregulation -- because the liberals feared that regulations placed on Fannie Mae and Freddy Mac would deny home loans to poor minorities.


A vote for Obama in November is a vote for unprecedented financial DISASTER. You ain't seen nothing yet!


The Democrats caused this financial mess with their stupid deregulation of the mortgage industry via liberal policies of forcing lenders to lend to poor people... who can't possibly pay back.

Posted by: Anonymous | September 24, 2008 8:25 PM | Report abuse


Palin should SHUT UP and go shoot some MOOSE. We don't need the CLUELESS telling us what needs to be done.

Posted by: Anonymous | September 24, 2008 8:24 PM | Report abuse

She's dumb as a bag of rocks.

Posted by: Kim | September 24, 2008 8:21 PM | Report abuse

Obama '08

http://www.boppoll.com

Palin needs to study more. I wonder if she owns stock?

Posted by: Opbama Nation Now! | September 24, 2008 8:19 PM | Report abuse

What was this a moose call? Palin knows less about economic crisis on Wall Street than Bush knows.

Posted by: jelly bean | September 24, 2008 8:15 PM | Report abuse

Palin calling for "action"? Give me a break.

McCain knows nothing, but even he probably towers above Palin. I suspect her "economic" skills don't go much beyond balancing a checkbook.

Posted by: John | September 24, 2008 8:00 PM | Report abuse

Who cares what this nutcase has to say. I think this crisis, or any other, makes it pretty clear that she shouldn't be anywhere near the White House.

Republicans love Palin because she makes Democrats mad. And they get to compare her experience to Obama's - an argument that might have made sense if anyone knew who she was. They don't really think she could run the country, but they don't care. She reminds them of how angry Bush made the Democrats. They love that. To them, that's the good old days.

Posted by: GeorgeSimian | September 24, 2008 7:56 PM | Report abuse

Come on people. Attacking Sarah Palin becuase she is a right wing head case is legit. Attacking McCain's campaign for being hypocritical in running on the importance of experience and then chosing the least experienced running mate ever is also justified.

Mocking Sarah Palin for being pretty or just for being a woman is stupid, and it reflects poorly on all of us who support Sen. Obama for President.

Please stop.

Posted by: SonicJones | September 24, 2008 7:46 PM | Report abuse

Sarah said what? Did she answer any questions without handlers or TelePrompTer? No? Go back to sleep . . . it was nothing.

Posted by: McCain's Pain | September 24, 2008 7:45 PM | Report abuse

Rick Davis threw another "Flash Bang Grenade" I told you in previous posts that he would do this. Here is the reason for todays grenade.


NEW YORK TIMES 9/24/08

"...The disclosure undercuts a remark by Mr. McCain on Sunday night that the campaign manager, Rick Davis, had had no involvement with the company for the last several years...


"....As president of the Homeownership Alliance, Mr. Davis received $30,000 to $35,000 a month. He, along with Fannie Mae and Freddie Mac, have characterized the alliance as a coalition of many housing industry and consumer groups to promote homeownership, but numerous current and former officials at both companies say the companies created and bankrolled the operation to combat efforts by competitors to rein in their business. The companies dissolved the group at the end of 2005 as part of cost-cutting in the wake of accounting scandals and, at Freddie Mac, a lobbying scandal that forced out its top Republican lobbyist....

On Monday, the McCain campaign attacked The Times for its account of those payments to Mr. Davis, saying the paper was “150 percent in the tank” for Mr. Obama. Mr. Davis said that he had worked not for the two companies but for the advocacy group, which included other organizations as well and, he said, was focused only on promoting homeownership....

..After the Homeownership Alliance was dissolved, Mr. Davis asked to stay on a retainer, the people familiar with the deal said. Hollis McLoughlin, who was chief of staff to Richard F. Syron, Freddie Mac’s chief executive, arranged for a new contract with Davis Manafort at the reduced rate of $15,000 a month, they said..."

The unintended victim is...well, remember George F. Will's comment "McCain has lost his head"

Posted by: Rick Davis threw another "Flash Bang | September 24, 2008 7:43 PM | Report abuse

I think we are all missing the tactic behind this decision. I was just listening to David Gregory and that Jean(?)woman that took Carly Fiorina's place just said that McCain would not debate unless this bill is passed. So here we have it. The Administration wants this bill passed tomorrow and McC doesn't want this economy thing to be dragged out ( because he's better at lipstick on a pig campaigning). That is what this is about. The administration has been doing all they can to get this passed by tomorrow and this just appears to be the latest tactic. It just so happens McC would benefit if we quit talking about this bailout.

Posted by: lynne | September 24, 2008 7:39 PM | Report abuse

Did this just occur to her?

BRAINSTORM!

LOL

This is just silly!

Posted by: Donny | September 24, 2008 7:34 PM | Report abuse

Wow . . . that's deep.

Posted by: Phxflyer | September 24, 2008 7:33 PM | Report abuse

So now we know that Caribou Barbie can regurgitate the talking points she was force fed by McCain's staff without offering any insight of her own, just like she did in the interview with Hannity.

Swell. And now we read that Grandpa skips the debate and runs off to DC, where he can't do a thing until a bill gets passed out of the banking committee, of which he is not a member. What a chicken!

Rightwingers should be a bit ticked that Grandpa didn't pick Romney or Hutchison to be his running mate. Sarah Palin = EPIC FAIL.

Posted by: castanea | September 24, 2008 7:29 PM | Report abuse

Sarah Palin has no credibility on this issue. Not long ago, she was saying there should be fewer regulations and no bail out. Now, she's calling for Washington to sort out the crisis.

Palin is a lightweight. I like this take on her http://www.tunc.biz/Sarah_Palin%27s_Inexperience.htm which sees opportunism at every corner. McCain-Palin are looking desperate, not serious.

Hope Obama does not fall for this charade.


Posted by: Arianna | September 24, 2008 7:26 PM | Report abuse

And just what kind of action does this small-brained bimbo propose?

Details please.

Posted by: loulorsch | September 24, 2008 7:20 PM | Report abuse

Is this a joke??? Who in the REAL world cares about what Sarah Palin thinks?. And by the way, what she thinks is that God wants her to be President. Where have we heard that before. Save us from these people and the increasingly idiotic americans who support them

Posted by: sm | September 24, 2008 7:18 PM | Report abuse

You right wing KOOKS better get ready for a long stay in the wilderness.
Hopefully President Obama will use many of the tactics of Cheney to surpress you dumb sobs and keep you in the gutter where you belong.
Judging from the results of your bankrupt philosophy, you could best be described as "Domestic Terrorists". You have damaged this nation and you must pay.

Posted by: tomcat3 | September 24, 2008 7:17 PM | Report abuse

She doesn't have a clue.

Posted by: Kevin Morgan | September 24, 2008 7:08 PM | Report abuse

“A lot of good people share an appreciation for America" said Gov. Palin of her meetings with the foreign leaders in New York City. Apparently, this is what gets the liberal media mad about it.

Posted by: Wiel | September 24, 2008 7:07 PM | Report abuse

female treasury secretary; OMG! OMG! i have to call sarah now!!!

husband; "what is it dear?"

female treasury secretary; i need to call vice president sarah NOW!

husband; here's her number...

RING! RING! RING!

RING! RING! RING!

female treasury secretary; she's not answering!!!

husband; keep trying...

RING! RING! RING!

RING! RING! RING!

sarah palin; hello?

female treasury secretary; sarah? this is your female treasury secretary!!!

sarah; yes? what can i do for you?

female treasury secretary; we have a crisis!!!! i need your advice!!!

sarah; how can i help?

female treasury secretary; well as you know.. our economy is in MELTDOWN!!!

sarah; yes i know!

female treasury secretary; so i DESPERATELY need your advice!!!

sarah; go on...

female treasury secretary; tomorrow for our economy meeting.. what color eye shade should i wear with my beige dress?????

sarah; wear skintone #2

female treasury secretary; OMG! OMG! THANK YOU! THANK YOU! THANK YOU!

[ another crisis averted by our females in public office ]

thank you god!

Posted by: Anonymous | September 24, 2008 7:01 PM | Report abuse

From:
Head of State
http://headofstate.blogspot.com/2008/09/lets-move-palins-debate-to-this-friday.html

Wednesday, September 24, 2008

Let's Move Palin's Debate to This Friday!

McCain wants to cancel the first debate and move it to the Vice Presidential debate. Moving that debate into the future.

Talk about killing two birds with one stone--in addition to McCain's avoiding his debate in the face of falling poll numbers, after Palin's day of near-silent photo-ops at the U.N., attempting to also give Palin more time to prepare.

As suggested by Dana Milbank on CNN, there's an easy solution--just let Palin debate this Friday night!

The fundamentals of the debate are strong!

Cite:
Head of State
http://headofstate.blogspot.com/2008/09/lets-move-palins-debate-to-this-friday.html

Posted by: Susan D'Addario | September 24, 2008 6:53 PM | Report abuse

'Call For Action'....you think?

Most average, working class people knew that this financial crisis was coming...we could feel it everyday (but most 'experts' called us crazy or whiners).

We do need to act but we need to make sure that we don't quickly jump into more legislation that will cause more harm then good.

We've already been down that road a few times in the past 7 years.

Posted by: ssanford00 | September 24, 2008 6:51 PM | Report abuse

Gov Palin's idea of a financial crisis is when the oil company windfall profit tax only gives her $500 instead of $1200 per Alaskan to hand out. Maybe we should all move up there! But wait ... that might require her to ... do ... MATH

Posted by: Julie McNamara | September 24, 2008 6:48 PM | Report abuse

Maybe Palin could, like, you know, um, answer a question about, like, the Iraq, and the internets, um, stuff like, Saudi Arabia, the um, you know...totally.

Give me a freakin' break. I'll take Sarah Palin seriously when I see her give an unscripted 25-minute press conference on an unlimited range of material in front of a mixed press corps. Until then, nothing she says carries any weight.

Posted by: tellthetruth | September 24, 2008 6:47 PM | Report abuse

Sarah Palin clearly has all the gravitas of a piece of lint...sad choice for America.

Posted by: Cynical patriot | September 24, 2008 6:46 PM | Report abuse

palin who?

Posted by: muslit | September 24, 2008 6:46 PM | Report abuse

LThompson... uh, you doing crack?

Posted by: mainer | September 24, 2008 6:44 PM | Report abuse

---------------------------

"You owe me 2 minutes of my life back...."

Posted by: ??? | September 24, 2008 6:30 PM

---------------

LOL!

:D

Posted by: BOB | September 24, 2008 6:43 PM | Report abuse

Sarah Palin was in my dreams last night. She wore a delicate red lace nighty and was lovingly fingering her twelve gauge at the foot of my bed. I told her I needed some sleep to wake up early to help restore the economy, but she wouldn't take no for answer. Those seductive brown eyes, gleaming with neo-con lust, were too much for this love-starved liberal. I succumbed to her every request, no matter how sleazy, depraved, or religious, and when she started screaming "drill, baby, drill," I knew I was home. Ah... Caribou Barbie, you get me so hot and bothered. Why can't every economic meltdown be like this?

Posted by: Nezbangi | September 24, 2008 6:43 PM | Report abuse

"Caribou Barbie"

OMG that is SOOOOO spot on. LMAO.

I couldn't believe the headline on this story. She called for action? And why is the media still paying her ANY mind when her handlers refuse to cut her mouth loose and interview without the strings being pulled. She's got nothing on Jerry Mahoney - ah, I'm showing my age :-) (Anyone here remember Paul Winchell and his dummy?)

Please, someone pinch me so I can wake up from this nightmare.

Holyyyy cr@peroo.


Posted by: mainer | September 24, 2008 6:42 PM | Report abuse


"Palin Calls for Action on Financial Crisis"

who?

you mean sarah palin calls for action???

god d*mn.. who the f* cares what sarah palin has to say now????

she's a friggin HICK from some backwards a$$ state up in the northern territories...

i can see if we wanted to know who served the best MOOSE BURGER.. then, and ONLY then should she be called... but for advice on the ECONOMY????

give me a friggin break.

go back to sleep sarah.

maybe you'll dream of todd with antlers again.

Posted by: BOB | September 24, 2008 6:41 PM | Report abuse

If people would think first and offer their weak opinions after, it would make some half-way intelligent reading.Whathas Obama done? He's a good talker, he has the gift of gab. Sarah Palin would make a wonderful VP because she tries. I don't feel comfortable about Obama, I never feel comfortable who talk so much. It's usually just hot air and no substance. Stop being haters.

Posted by: LThompson | September 24, 2008 6:17 PM

-----------------------------------------

Yes! We should elect Palin because she "tries".

Hate to be a "hater" but....this here post is a long, long way from being "half-way intelligent reading".

You owe me 2 minutes of my life back....

Posted by: ??? | September 24, 2008 6:30 PM | Report abuse

I watched the clip. I sure hope Katie Couric asked Sarah Palin what specific elements should be in a bailout plan that she thinks would help stop a "Great Depression." Palin didn't say anything more profound than some random person on the street might say. We don't need mediocrity in the White House. We tried that for eight years and it didn't work out so well.

Posted by: Chuck | September 24, 2008 6:26 PM | Report abuse

Ahhhahahaaa.

I bet her economic credentials go like this:
"I know about the economy because I can see it from my porch."

Posted by: Dr. Dunne | September 24, 2008 6:24 PM | Report abuse

Palin calls for emergency action and then . . . meets with Bono. Thanks.

Posted by: Huh | September 24, 2008 6:22 PM | Report abuse

Every Media has obligation to American citizen’s to expose Obama’s tricks of political trade and association with the RADICALS=SOCIALIST=COMMUNIST LEADERS OF AMERICA! The American people will hold you accountable for all the changes eliminating AMERICAN DEMOCRACY!
Obama has no right to complain about McCaine and CEO pay of $42 million package after being fired from Hewlett Packard…because Obama’s friend in-crime walked way with $90 million dollars from Fanny & Freddy which started entire financial mess. Well, here is Obama’s donation from biggest lobbyists in Washington:
Goldman Sachs $474,428
Ubs Ag $298,180
JP Morgan Chase & Co $282,387
Lehman Brothers $274,147
National Amusements Inc $265,750
Sidley Austin LLP $251,657
Citigroup Inc $247,436
University of California $239,944
Skadden, Arps et al $228,520
Exelon Corp $226,661
Harvard University $225,891
Jones Day $213,825
Google Inc $192,808
Time Warner $190,091
Morgan Stanley $190,026
Citadel Investment Group $173,950
Kirkland & Ellis $163,126
Latham & Watkins $160,842
WilmerHale LLP $155,788
Jenner & Block $151,447
He also fails to mention that one of the first subprime lenders to stick it to borrowers and have her bank seized is his campaign finance chairperson named Penny Pritzker, who just happens to be a potential Secretary of the Treasury in an Obama administration.
Her bank defaulted on more than $460,000,000!
SUM IT UP…What is the total of all of them…and Obama was in Washington too!
Obama was a Senator do-nothing!


More troubling situation is that Obama is: not a Democrat! If you want proof just ask for it! http://www.geocities.com/WallStreet/8925/alinsky.htm and http://www.canadafreepress.com/index.php/article/4784 and from
The Boston Globe
Son sees father's handiwork in convention
August 31, 2008

ALL THE elements were present: the individual stories told by real people of their situations and hardships, the packed-to-the rafters crowd, the crowd's chanting of key phrases and names, the action on the spot of texting and phoning to show instant support and commitment to jump into the political battle, the rallying selections of music, the setting of the agenda by the power people. The Democratic National Convention had all the elements of the perfectly organized event, Saul Alinsky style.
Barack Obama's training in Chicago by the great community organizers is showing its effectiveness. It is an amazingly powerful format, and the method of my late father always works to get the message out and get the supporters on board. When executed meticulously and thoughtfully, it is a powerful strategy for initiating change and making it really happen. Obama learned his lesson well.
I am proud to see that my father's model for organizing is being applied successfully beyond local community organizing to affect the Democratic campaign in 2008. It is a fine tribute to Saul Alinsky as we approach his 100th birthday.

L. DAVID ALINSKY
Medfield

Obama is RADICAL=SOCIALIST=LEAD TO COMMUNIST!
Obama’s association his entire life was being trained and associating with this kind of “radical=socialist=communist leaders”!
Obama saw an oppurtunity and jumped on it to CHANGE AMERICA to RADICALS=SOCIALIST=then COMMUNIST REGIME AS HE WAS TRAINED TO DO!
Obama is saying 95% tax reduction and to that 95% other tax payers, government money distribution…hm…which 95% would get distribution….there is no 95% working middle class and he would tax income of combined $42.000 per family…
When you are at the polls, think about it if you want to sell your freedom and your soul to an evel, snake sliky Obama?
Is that kind of “CHANGE” American’s want?

Posted by: karoline1 | September 24, 2008 6:21 PM | Report abuse


I guess her answer was,"No" ... I think.

..

Posted by: DF in FL | September 24, 2008 6:17 PM | Report abuse

If people would think first and offer their weak opinions after, it would make some half-way intelligent reading.Whathas Obama done? He's a good talker, he has the gift of gab. Sarah Palin would make a wonderful VP because she tries. I don't feel comfortable about Obama, I never feel comfortable who talk so much. It's usually just hot air and no substance. Stop being haters.

Posted by: LThompson | September 24, 2008 6:17 PM | Report abuse

That must be an emergency meeting with Bono . . you know, to take action on this financial thingy.

Posted by: WTF | September 24, 2008 6:17 PM | Report abuse

Very funny, Gerald.

Maybe the rest of you should listen to former President Bill Clinton who says if Democrats want someone to dump on John McCain, he's not the guy.

(From AP)

Some members of his party have been complaining that Clinton has not been enthusiastic enough in his support for Democratic presidential nominee Barack Obama, who defeated Clinton's wife in the primary campaign, and heaping too much praise on McCain.

But Clinton told CNN's "Larry King Live" on Wednesday that he doesn't think "dumping" on McCain or his running mate, Sarah Palin, is a winning strategy. He said undecided voters aren't interested in attacks but solutions for the problems they face.

"I just don't believe that getting up here and hyperventilating about Gov. Palin, or Sen. McCain for that matter, is a productive use of a former president's time and is not a vote-getter," he said, adding that he admires McCain even though he disagrees with several of his positions.

Posted by: JakeD | September 24, 2008 6:17 PM | Report abuse

If people would think first and offer their weak opinions after, it would make some half-way intelligent reading.Whathas Obama done? He's a good talker, he has the gift of gab. Sarah Palin would make a wonderful VP because she tries. I don't feel comfortable about Obama, I never feel comfortable who talk so much. It's usually just hot air and no substance. Stop being haters.

Posted by: LThompson | September 24, 2008 6:17 PM | Report abuse

If people would think first and offer their weak opinions after, it would make some half-way intelligent reading.Whathas Obama done? He's a good talker, he has the gift of gab. Sarah Palin would make a wonderful VP because she tries. I don't feel comfortable about Obama, I never feel comfortable who talk so much. It's usually just hot air and no substance. Stop being haters.

Posted by: LThompson | September 24, 2008 6:17 PM | Report abuse

LOL - what a joke! Maybe she should just go shoot another moose!

Posted by: R | September 24, 2008 6:17 PM | Report abuse

That was aperfectly adequate answer. I am beginning to believe that the american people are working themselves into a tizzy over something they neither understand or want to understand. Everyone suddenly has a Phd in Finance

If the credit markets seize up as feared as the bickering continue, we will all just have to bend over and kiss the American dream bye bye

Posted by: nclwtk | September 24, 2008 6:10 PM | Report abuse

That was aperfectly adequate answer. I am beginning to believe that the american people are working themselves into a tizzy over something they neither understand or want to understand. Everyone suddenly has a Phd in Finance

If the credit markets seize up as feared as the bickering continue, we will all just have to bend over and kiss the American dream bye bye

Posted by: nclwtk | September 24, 2008 6:10 PM | Report abuse

That was aperfectly adequate answer. I am beginning to believe that the american people are working themselves into a tizzy over something they neither understand or want to understand. Everyone suddenly has a Phd in Finance

If the credit markets seize up as feared as the bickering continue, we will all just have to bend over and kiss the American dream bye bye

Posted by: nclwtk | September 24, 2008 6:10 PM | Report abuse

That was aperfectly adequate answer. I am beginning to believe that the american people are working themselves into a tizzy over something they neither understand or want to understand. Everyone suddenly has a Phd in Finance

If the credit markets seize up as feared as the bickering continue, we will all just have to bend over and kiss the American dream bye bye

Posted by: nclwtk | September 24, 2008 6:10 PM | Report abuse

Leave Sarah alone. As a vp she will have plenty of staff, who can inform her. The only point is: to whom will she listen ?

Posted by: Gerald | September 24, 2008 5:36 PM | Report abuse

Puck Falin

Posted by: H. Simon | September 24, 2008 5:16 PM | Report abuse

Palin's statement is a rephrasing of McCin's opinion.

If she says anything knowledgeable it is because she is regurgitating McCain's opinion.

She does not know enough to have an independent opinion on anything that does not deal with Alaska.

Posted by: RG | September 24, 2008 5:05 PM | Report abuse

The Sarah Palin solution to the economic crisis: If there is no money for food, go to the forest and hunt a moose for dinner. That's how the people in Alaska do it.

Posted by: JakeD | September 24, 2008 5:05 PM | Report abuse

Again, not a whiff of bias in Ms. Eilperin's reporting.

If only the others at the Compost took her lead.

Posted by: info | September 24, 2008 4:43 PM | Report abuse

Welcome Back, John McCain!

The prodigal son returns. John McCain has announced that America is finally confronting a crisis that he doesn't feel he can be absent for.

Some fun facts about John McCain: Of all Senators, John McCain has been the most absent. There have been 643 votes taken in the current Senate session: McCain has missed 412 of them.

http://projects.washingtonpost.com/congress/110/senate/vote-missers/
.


McCain has not voted in the Senate since April 8th. Since March, he has missed 109 of the last 110 votes.

http://projects.washingtonpost.com/congress/members/m000303/votes/
.


He missed votes on the GI Bill, energy policy, and in 2007 he missed "all 15 critical environmental votes in the Senate" -- giving him a 2007 rating of 0% from the League of Conservation Voters. Zero percent? I don't think that's fair. I think they should have given him an "incomplete", and told him that he had to stay for summer session if he wants to graduate from the Senate.

http://www.americanprogressaction.org/issues/2008/mccain_gw_record.html
.


So welcome back, John McCain. If I were the Senate Democrats, I would now completely rejigger the Senate schedule in order to put things up that America would really, really like to see John McCain cast a vote on. It seems the least we could do.

Posted by: DrainYou | September 24, 2008 4:40 PM | Report abuse

That was a nearly nonsensical and completely ambiguous quote. What kind of action, pray tell? Bust out all your economic knowledge for us. Let's hear it.

Posted by: ManUnitdFan | September 24, 2008 4:32 PM | Report abuse

Sarah Palin and John McCain = Dumb and Dumber

(Notice I put Sarah Palin's name first)

Posted by: playa | September 24, 2008 4:31 PM | Report abuse

At long last, much-needed advice on the financial crisis from Sarah Palin. If only we could hear from other equally qualified dignitaries. When will Lindsay Lohan weigh in? Do you think she agrees with Sarah Palin? I have to write down these words of wisdom:
"Take action in a bipartisan way." What novel and incisive counsel.

Posted by: mruth | September 24, 2008 4:31 PM | Report abuse

Susan D'Addario:

If YOU have an opinion you would like to share, by all means type it out.

But if you aren't intellectually equipped enough to do more than cut-and-paste chunks of garbage off liberal blogs, then maybe you should just be content to read the board.

Posted by: dbw | September 24, 2008 4:31 PM | Report abuse

zuzu, ES, prudence:

You are collectively laughable. Tell us one thing Barack has ever done to impact anyone's economics. Just one.

He's never led a company, or even a division of a company.
He's never led a town, county, or state.
We're not even sure if he leads his own household economy.

Oh, and the only leadership responsibility he was ever given in the Senate, the subcommittee on Europe and NATO, according to Sen. Hillary Clinton he was a complete failure.

You do realize how ridiculous you Obama followers look every time you criticize Sarah Palin's "experience"? All one has to do is hold up the wafer-thin resume of Barack Obama, your candidate for PRESIDENT. Argument over.

Posted by: dbw | September 24, 2008 4:28 PM | Report abuse

From:
Head of State
http://headofstate.blogspot.com/2008/09/mccain-trailing-in-polls-continues.html

Wednesday, September 24, 2008
McCain, Trailing in Polls, Continues Campaign By "Suspending" It

John McCain, trailing by 9 points in national polls, has announced that he is "suspending" his campaign.

Having lost significant ground to Obama on the issue of the economy, and facing a potentially defining and withering debate on Friday where he would be confronted on his statements on the economy that have led to this sharp decline, McCain has attempted to change the rules of the game, to erase many past errors through a putatively "unpolitical" move--something we have seen before.

A simple question: Under the same economic conditions, if McCain had been leading, does anyone believe that McCain would have "suspended" his campaign?

This is the ultimate in cynicism--using the current conditions in order to attempt to blunt a sharp decline and try to control the media dialogue, through a political act designed to avoid a potential political debacle. He is continuing his campaign--which was leading to loss in all directions--by "suspending" it. It is an attempt to silence media criticism and questions--and to prevent a debate on these issues that for him is sharply unfavorable.

McCain is attempting to avoid the debate in the face of this decline, through the type of evasion and lack of press access and communication that has characterized his campaign. It shows an extraordinary willingness to use difficult conditions to erase and avoid political errors, and serve political needs.

He surely would like to put off the debate, and attempt to create more favorable conditions for it. Don't be cowed.

Cite:
Head of State
http://headofstate.blogspot.com/2008/09/mccain-trailing-in-polls-continues.html

Posted by: Susan D'Addario | September 24, 2008 4:28 PM | Report abuse

So McCain would rather debate pressing issues behind closed doors with "my colleagues" than on national TV where voters might see him?


McCain is suspending his campaign due to Lack of Interest more than anything or McCain is afraid to appear at the debate without Palin.


All McCain's got are these cheap stunts. See "Sarah Palin."


In terms of the timing of this move: The only thing that's changed in the last 48 hours is the public polling showing McCain tanking.

Posted by: Paige Palmer | September 24, 2008 4:26 PM | Report abuse

I know Obama doesn't own stocks. Do you think she does?

I would love to limit Obama's book royalties. Say, cut them off at 100,000 dollars.

What does he know about executive pay? If shareholders don't like the pay packages of public companies, don't own their shares.

http://www.bop-o-rama.com

Posted by: Does she own stocks? | September 24, 2008 4:23 PM | Report abuse

MA:

How is the daily Biden gaffe-machine looking in your VP rearview mirror right now?

Posted by: dbw | September 24, 2008 4:22 PM | Report abuse

Romney, who McCain met with earlier today, along with other corporate leaders advising his campaign, is looking awfully good in John Sidney's VP rearview mirror about right now.

Posted by: MA | September 24, 2008 4:16 PM | Report abuse

Is she suggesting putting the bailout on Ebay?

Posted by: Tim | September 24, 2008 4:12 PM | Report abuse

Palin calls for action on Financial Crisis?

Is this a joke or something?


Here's an idea for Caribou Barbie:

Why don't you hold a press conference and tell us what we should do about this "financial crisis"?....wait a minute....I forgot....you don't talk to the media....nevermind.

Posted by: huh? | September 24, 2008 4:11 PM | Report abuse

Sarah Palin does not have no idea whatsoever about this economic issue. This woman is already an insult to my intelligence being a consistent "D" student in her education. What can she possibly say to me that I already know? Do you really think what she says count to me? I did not go to school spent hundred of dollars on my tuition, spent most of my time in the classroom, put forth an effort not to get "D's" on my courses, and this "D" student will now tell something that I already know? THIS IS A JOKE.

Posted by: Prudence Russell | September 24, 2008 4:03 PM | Report abuse

The cynical manipulation of the media by Rove Inc. is despicable. It certainly doesn't put American's first. Unfortunately, we can't expect CBS stand on principle knowing the ratings will just go down the street to whomever bites.It would require some meaningful regulation by the FCC. Then what do you do about all the other outlets?
The situational ethics of John McCain continue to astound.

Posted by: Kelly L. Scott | September 24, 2008 4:02 PM | Report abuse

Why is this news? Sarah Palin calls for action on financial crisis? Really?

My God, what leadership.

http://nahnopenotquite.com/2008/09/22/sarah-palin-and-the-death-of-cheese/

Posted by: ES | September 24, 2008 4:02 PM | Report abuse

Like, uhm, it could be omigod a depression if like the Congress would like, stop like pointing fingers not necessarily at uhm, each other but at something not necessarily as its been proposed ...uh, what was the question again?

Posted by: zuzu | September 24, 2008 4:01 PM | Report abuse

Alaska economy has doing pretty well since Palin has been Govenor.. meanwhile perhaps you can explain how did being a community organizer make Obama an expert on the economy?

Posted by: rss | September 24, 2008 3:58 PM | Report abuse

And how does being mayor of Wasilla make Sarah Palin an expert on the economy? Please...did she ever buy a stock in her life?

Posted by: JakeD | September 24, 2008 3:48 PM | Report abuse

– OMG –

Posted by: JB | September 24, 2008 3:47 PM | Report abuse

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