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Palin Talks About the Market Slump at Fla. Fundraiser

Republican Vice presidential candidate Sarah Palin shakes the hands of supporters after a fundraising stop at the Naples Beach Hotel Fla. on Oct. 6, 2008, in West Palm Beach, Fla. (Jennifer Whitney/Associated Press)

The Post's Dana Milbank was the pool reporter as Gov. Sarah Palin attended two luncheon fundraisers in Florida today. His first report can be read here, and his second, with minor modifications, follows:

Waterfront compound of Jack Donahue, founder of Federated Investors.

The couple hundred guests, said by local press accounts to have given $10,000 per ticket, were in an air-conditioned tent. Your pool was held outside. (Temperature: 87; Accuweather "RealFeel" temperature: 106.) Guests dined on steak salad and fruit tart, sipping white and red wine. Your pool did not.

Al Hoffman, a local real estate guy, came out and told the guests that it was a "record setting event" in the world of vice-presidential fundraising. He also explained that Palin's entry was delayed in the photo line because "she loves everybody" and because of extensive handshaking, "she runs late." Hoffman also introduced Woody Johnson, owner of the New York Jets ("you know, Woody and the Jets?" Hoffman said), and asked about the location of Johnson's New York fundraiser for McCain-Palin. "The St. Regis!" Johnson called out from the back.

Palin entered with Donahue just before 2 p.m. Donahue took issue with Joe Biden's "demeaning smile and his gleaming white teeth," concluding, "he's just showing off his dentures."

Palin spoke for just over 15 minutes. The only thing new was her take on today's market slump, transcribed here verbatim:

"We need to cut taxes for businesses so they can hire more people -- that's how jobs are created. And the other side just doesn't seem to understand that, especially in these times of economic woes. And today is not a good day. If you turn on the news tonight when you get home, you're gonna see that, ya, this is another woeful day in the market, and the other side just doesn't understand. No! Especially in a time like this, you don't propose to increase taxes and grow government, not at this time. The phoniest claim in a campaign that's full of them is that Barack Obama is going to cut your taxes."

Palin also asked the donors to applaud the help, which they did.

Metaphor alert: The lights in the tent went out about 3 minutes into her speech, about when she said, "It's going to be a hard fought contest here in Florida, right down to the wire."

The most notable non-verbal element: The crowd went a good 10 minutes without favoring Palin with a single bit of applause. This seemed to rattle her, and she read carefully and awkwardly through her speech, even though it was basically the same one she'd given twice earlier in the day. After a long drought, she finally earned applause for the judges and abortion lines. They did not do the usual "drill, baby drill," or "USA" chants.

Other quotes:

"John McCain knows what it takes to win a war."

"Victory in Iraq (pron: eye-rack) is in sight."

On energy and the economy: "John McCain and I need to do a better job of connecting these issues."

By Web Politics Editor  |  October 6, 2008; 4:29 PM ET
Categories:  Sarah Palin , The Green Zone  
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Next: SEIU Launches New Ad Critical of McCain Health Care Plan


Sarah Palin very consistently demonstrates that "a little knowledge is a dangerous thing".

As my mother would have said - When God was handling out brains, Sarah was in the "looks" line.

Posted by: jeanbrandt | October 7, 2008 11:26 AM | Report abuse


The Ayers-Weber-McCain connection. Truth? Guilt by Association? We report. YOU Decide!

Arnold R. "Arnie" Weber is a Chicago Annenberg Board Member and Chicago "insider". He was a part of the Nixon White House. Arnie Weber has held other Washington "insider" jobs too. He is a LONGTIME REPUBLICAN DONOR. But get this: Arnie Weber was a BOARD MEMBER of the infamous **CHICAGO ANNNENBERG CHALLENGE** organization, which was founded by known "TERRORIST" Bill Ayers!

Sarah Palin was using "guilt by association". This, however, is a two way street but Gov. Palin may not understand this.


Arnie Weber has given the maximum legal amount of $1,500 to the McCain campaign in 2008. He probably would have given more if allowed by law. In 2008, Arnie Weber made two separate donations of $1,000 and $500 to McCain’s presidential campaign run by EX-LOBBYIST AND WASHINGTON INSIDER RICK DAVIS.

I demand that Senator McCain denounce this man, Arnie Weber, and his associations to "terrorists" (as defined by his vice-president, Sarah Palin). I call on Senator McCain to reject these tainted donations. John McCain should then investigate how such a thing could possibly happen inside HIS OWN CAMPAIGN before seeking to cast stones at Senator Obama. McCain's campaign CEO, RICK DAVIS, needs to explain to the AMERICAN VOTERS his reasons for accepting this dirty money. Are they really that desperate to win this election? Doesn't John McCain still believe in the honor that he felt when defending this country against the enemy in Vietnam where he served as a prisoner of war for years?


This is probably because he hasn't been asked.

Now for the reality check: It turns out that these types of "facts" are simply BASELESS SMEAR ATTACKS WITH NO MERIT! Yes. It is true. Attacks like this are meant to distract the uninformed voters near the end of an election. We don't hear about them very often because most candidates have too much integrity to run them. They know that winning an election based on lies is unacceptable. Besides, people want to talk about REAL issues affecting REAL lives, not play a game of "6 degrees of Kevin Bacon".

Random associations are EASY to find. For instance, it turns out that you can trace Obama's FAMILY TREE to both George W. Bush (10th cousins once removed) and Dick Cheney (eighth cousins). Yep! They are legally RELATIVES. This is yet another useless "fact" for Trivial Pursuit lovers, but it is not worthy of any media time in this national election for the greatest country on God's green earth.

If you want some more guilt by association, here is something to find out for yourself. Who said this? Who supports this guy and his political party? "The fires of hell are frozen glaciers compared to my hatred for the American government. And I won't be buried under their damn flag."

Guilt by association is an attack on voters and on the electoral process. Voters need to learn about the issues. Governor Palin should apologize for raising this STUPID guilt by association tactic against Senator Obama. And if she REALLY believes what she is saying, she REALLY should demand that they return "Arnie" Weber's campaign donations. Seriously. To do anything short of that would be blatant hypocrisy.

"Sooner or later, people are going to figure out if all you run is negative attack ads you don't have much of a vision for the future or you're not ready to articulate it." [John McCain - The NewsHour with Jim Lehrer - 2/21/2000]

Posted by: wunderwood | October 7, 2008 3:06 AM | Report abuse

No USA chants? Why do they hate America?

Posted by: kevrobb | October 7, 2008 2:24 AM | Report abuse

No USA chants? Why do they hate America?

Posted by: kevrobb | October 7, 2008 2:24 AM | Report abuse

Sarah Palin's foreign policy: A crowd of people chanting "USA! USA!"

Sarah Palin's energy policy: The same crowd chanting "Drill, baby, drill!"

Sarah Palin's economic policy: "Im lookin' for one. If I can find one, I'll bring it to ya!"

Posted by: truthtopower40 | October 7, 2008 1:14 AM | Report abuse

Tax cuts. McCain/Palin claim they aren't supporting the same policy as Bush and I suppose there is a grain of truth in that. They supporting the same policies as Reagan just like Bush did.

Tax cuts? That's it? Nothing else today, Governor?

Henry Ford, a man with many flaws, was smart enough to say - and I'm paraphrasing - "I pay my workers a good wage so that they can afford to buy my cars".

Posted by: flyfishchef | October 6, 2008 11:40 PM | Report abuse

Wow, she claps for the servers! How Main Street. Of course, in Florida most of the servers speak either Spanish or French (as in Haiti). But Sarah wouldn't know that.

Just like she doesn't know ANYthing about how we got into the current mess (hint: Reaganomics) or what it actually means.

Posted by: thaimex | October 6, 2008 11:31 PM | Report abuse

Gov. Palin says that tax breaks for businesses will allow them to hire more people, but if the middle class can't afford to purchase whatever those businesses are selling those small businesses won't have any need to increase their payrolls. It's time to remember that this nation is really grown from the bottom up, not from the top down. John McCain would have the legislature cut more government spending, but much of that spending goes directly into the hands of the middle class it employs to build our highways, bridges and transportation infrastructure and to policemen, firemen and teachers and so many other service people our government employs to keep our nation running and aid and protect its citizenry. All those people give back by spending their paychecks and thereby growing our economy. When they buy goods and a services THEN those small company NEED to hire more employees, who in turn are then able to buy more goods and services. Tax breaks for the wealthy and big business will NOT save this economy, employment opportunities, higher wages and taxes for the middle and lower classes are needed to get this economy healthy and growing again for all of us. Never forget that it's all Americans who make this nation strong, not just the wealthiest among us.

Posted by: shannons1 | October 6, 2008 10:22 PM | Report abuse

She and McCain need to do a better job of connecting on more issues than energy and the economy. She's not connecting with many people outside of her little Republican bubble and is still a drag on the ticket - and she's the best McCain's got! Talk about an empty stock portfolio. An investment in McCain and Palin is losing value faster than the stock market.

Posted by: johnsonc2 | October 6, 2008 9:31 PM | Report abuse

Did anyone else see Jon Voight Go Crazy attacking Obama on The Fox Channel last night, here is the video

Posted by: pastor123 | October 6, 2008 6:31 PM | Report abuse

Akward silence, sweat, steak salad, and spurrious claims. (It's all the alliteration I've got.)

I want to see if she can pronounce "comeuppance" and then tell me the definition.

Keep on going Milbank.

Posted by: steeleswitters | October 6, 2008 6:21 PM | Report abuse

The market is in the tank with Dow Jones industrials plunged as much as 800 points and set a new record for a one-day point drop and all the major indexes fell more than 7.5 percent. The benchmark index that gauges fear in the market jumped to the highest level in its 18-year history. Last month, 159,000 Americans jobs were lost. I could not sleep the whole weekend after opening my 401K statements with a quarter of retirement account vanish. And McCain wants to talk about gimmick “character” shenanigans. Where the FCUK does this idiot live at? McCain is beyond out-of-touch. More than any other time, we need a stable, smart and rational person at the helm of our economy. John McCain and his stupid running-mate, Sarah “Airhead” Palin can’t provide the required leadership.

No amount of “character” attack is going to persuade any reasonable person from the Economy. It’s all about the ECONOMY. And every time McCain says something stupid, the market is adversely reacting to it.

We are at a crossroad and the decision we make on November 4th will determine if America remains the World leader or to begin the slow but sure decline that the Great Britain has been on in the last century.

Posted by: JHigginss | October 6, 2008 6:15 PM | Report abuse

She is as dumb as a brick. The one true thing she said to all thoose people who can afford to pay $10,000.00 for lunch, is that Obama won't be cutting their taxes. He will cut the taxes of people who need help, not these kind of people who got us into this mess.

Posted by: dcwsano | October 6, 2008 5:14 PM | Report abuse

'There's a place in Hell reserved for women who don't support other women.'
Sarah Palin, misquoting Madeline Albright
So if you are a woman and you don't vote for the church lady you are going to go to hell.

She can't even read off of a Starbucks cup.

Posted by: JRM2 | October 6, 2008 4:44 PM | Report abuse

Brilliant and insightful economic analysis, as always. I can't wait to hear more about her very detailed, very nuanced plan to fix the economic crisis we're in.

Posted by: ManUnitdFan | October 6, 2008 4:44 PM | Report abuse

Palin wouldn't know anything about the market even if the market reached up and slapped her in the face.

McCain's lies are finally catching up to him. McCain in April 08 declared that there had been "great progress economically" during the Bush years. On more than one occasion, he diagnosed Americans' concerns over the dismal U.S. economy as "psychological." (Phil Gramm, McCain's close friend and economic adviser, supposedly excommunicated from McCains campaign over his "Americans are economic whiners" remarks, is back on board with the McCain campaign again.)

McCain, a man who owns eight homes nationwide, in March lectured Americans facing foreclosure that they ought to be "doing what is necessary -- working a second job, skipping a vacation, and managing their budgets -- to make their payments on time." And when all else fails, McCain told the people of the economically devastated regions in Martin County, Kentucky and Youngstown, Ohio, there's always eBay.

In his defense, McCain's shocking tone-deafness may just be a matter of perspective. When you're as well off as he is, anything below a $5 million income (a figure exceeding that earned on average by the top 0.1% of Americans) seems middle class.

*The $100 Million Man*
Courtesy of his wife Cindy's beer distribution fortune (one her late father apparently chose not to share with her half-sister Kathleen), the McCains are worth well over $100 million. (In the two-page tax summary she eventually released to the public, Cindy McCain reported another $6 million in 2006.) As Salon reported back in 2000, the second Mrs. McCain's millions were essential in launching her husband's political career. Unsurprisingly, the Weekly Standard's Matthew Continetti, who four years ago called Theresa Heinz-Kerry a "sugar mommy," has been silent on the topic of Cindy McCain.

*The Joys of (Eight) Home Ownership*
While fellow adulterer John Edwards was pilloried for his mansion, John McCain's eight homes around the country have received little notice or criticism. His properties include a 10 acre lake-side Sedona estate, euphemistically called a "cabin" by the McCain campaign, and a home featured in Architectural Digest. The one featuring "remote control window coverings" was recently put up for sale. Still, their formidable resources did not prevent the McCains from failing to pay taxes on a tony La Jolla, California condo used by Cindy's aged aunt.

*The Anheuser-Busch Windfall*
As it turns out, the beauty of globalization is in the eye of the beholder. While John McCain apparently played a critical role in facilitating DHL's takeover of Airborne (and with it, the looming loss of 8,000 jobs in Wilmington, Ohio), Cindy McCain is set to earn a staggering multi-million dollar pay-day from the acquisition of Anheuser-Busch by the Belgian beverage giant, In Bev. As the Wall Street Journal reported in July, Mrs. McCain runs the third largest Anheuser-Busch distributorship in the nation, and owns between $2.5 and $5 million in the company's stock. Amazingly, while Missouri's politicians of both parties lined up to try to block the sale, John McCain held a fundraiser in the Show Me State even as the In Bev deal was being finalized.

*McCain's $370,000 Personal Tax Break*
Earlier this year, the Center for American Progress analyzed John McCain's tax proposals. The conclusion? McCain's plan is radically more regressive than even that of President Bush, delivering 58% of its benefits to the wealthiest 1% of American taxpayers. McCain's born-again support for the Bush tax cuts has one additional bonus for Mr. Straight Talk: the McCains would save an estimated $373,000 a year.

*Paying Off $225,000 Credit Card Debt - Priceless*
That massive windfall from his own tax plan will come in handy for John McCain. As was reported in June, the McCains were carrying over $225,000 in credit card debt. The American Express card - don't leave your homes without it.

*Charity Begins at Home*
As Harpers documented earlier this year, the McCains are true believers in the old saying that charity begins at home:
Between 2001 and 2006, McCain contributed roughly $950,000 to [their] foundation. That accounted for all of its listed income other than for $100 that came from an anonymous donor. During that same period, the McCain foundation made contributions of roughly $1.6 million. More than $500,000 went to his kids' private schools, most of which was donated when his children were attending those institutions. So McCain apparently received major tax deductions for supporting elite schools attended by his children.
Ironically, the McCain campaign last week blasted Barack Obama for having attended a private school in Hawaii on scholarship. That attack came just weeks after John McCain held an event at his old prep school, Episcopal High, an institution where fees now top $38,000 a year.

*Private Jet Setters*
As the New York Times detailed back in April, John McCain enjoyed the use of his wife's private jet for his campaign, courtesy of election law loopholes he helped craft. Despite the controversy, McCain continued to use Cindy's corporate jet. For her part, Cindy McCain says that even with skyrocketing fuel costs, "in Arizona the only way to get around the state is by small private plane."

*Help on the Homefront*
In these tough economic times, the McCains are able to stretch their household budget. As the AP reported in April, "McCain reported paying $136,572 in wages to household employees in 2007. Aides say the McCains pay for a caretaker for a cabin in Sedona, Ariz., child care for their teenage daughter, and a personal assistant for Cindy McCain."

*Well-Heeled in $520 Shoes*
If clothes make the man, then John McCain has it made. As Huffington Post noted in July, "He has worn a pair of $520 black leather Ferragamo shoes on every recent campaign stop - from a news conference with the Dalai Lama to a supermarket visit in Bethlehem, PA." It is altogether fitting that McCain wore the golden loafers during a golf outing with President George H.W. Bush in which he rode around in cart displaying the sign, "Property of Bush #41. Hands Off."

Posted by: DrainYou | October 6, 2008 4:43 PM | Report abuse

I say keep the press out in the sun all day long.

Posted by: MarkInAustin | October 6, 2008 4:37 PM | Report abuse

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