• News
  • Celebrities
  • Finance
  • Crypto
  • Travel
  • Entertainment
  • Health
  • Others

Yes, Palin Backed the Bailouts

Why has MSNBC embedded one of its top on-air talents with Sarah Palin’s book tour? That’s a good question, but I thought Norah O’Donnell’s grilling of a young Palin fan was a fair use of the network’s time. O’Donnell asked Jackie (no last name given), who was wearing a T-shirt criticizing the bailouts, if she knew that Palin had supported them. Jackie refused to believe it.

“The reason I ask you,” said O’Donnell, “is that I think there’s some confusion about Sarah Palin’s policies.”

It wasn’t a man-on-the-street interview with a dopey tourist being asked a surprise question, of the kind John Ziegler conducted with Obama supporters to “prove” that they had no idea what Obama believed. Jackie was a political activist with a political message. And the history of the bailouts has really been mangled by conservative spin since September 2008, when, in a panic, most Republicans (in Congress) supported them. When former Massachusetts Gov. Mitt Romney gave a speech at the Value Voters Summit this year and attacked “bailing out banks,” few people in the crowd remembered that Romney had supported the bailouts.

By and large, I’ve found that Tea Party activists and conservatives do not forgive Republicans who supported the bailouts — there is a lot of anger toward former President George W. Bush, and more toward former Treasury Secretary Hank Paulson. And here is what Palin said about the bailouts in her debate with Joe Biden.

John McCain thankfully has been one representing reform. Two years ago, remember, it was John McCain who pushed so hard with the Fannie Mae and Freddie Mac reform measures. He sounded that warning bell.

People in the Senate with him, his colleagues, didn’t want to listen to him and wouldn’t go towards that reform that was needed then. I think that the alarm has been heard, though, and there will be that greater oversight, again thanks to John McCain’s bipartisan efforts that he was so instrumental in bringing folks together over this past week, even suspending his own campaign to make sure he was putting excessive politics aside and putting the country first.

In September 2008, McCain suspended his campaign to go to Washington to help negotiate a government response to the financial crisis, resulting in a $700 billion bailout bill.

And here is what Palin says in “Going Rogue” about the bailouts, on page 270.

[T]he House of Representatives rejected a Bush-backed economic bailout plan in a vote in which two-thirds of Republicans voted no. The impression this made on the electorate was not helpful to our cause. Millions of Americans were poised to go bankrupt or lose their savings, and the perception was that Republicans had failed to respond.

I don’t think you can avoid the conclusion that Palin supported the bailout package. If a Palin supporter doesn’t know this, it’s perfectly legitimate to find out why. And yet The Weekly Standard, not alone in the conservative media, takes this exchange and makes it all about a brave 17-year-old girl battling back against an “ambush” from MSNBC.

Discussion & Comments (0)

    Recent Articles

    • Things You Should Know about North America

      Things You Should Know about North America

      Get to know more about North America.

    • Eurovision 2010 Paula Seling Unpredictable Contest

      Eurovision 2010 Paula Seling Unpredictable Contest

      Paula Seling's experience on the Eurovision stage led her to declare that "Eurovision is an unpredictable contest". Which may explain the success of the young Lena from Germany, about whom the predictions before the event did not offer much chances for victory.

    • VIPRow.me - The Best Sports Streaming Website Today

      VIPRow.me - The Best Sports Streaming Website Today

      Have you ever contemplated creating a user-friendly site dedicated to sports-related free live streaming channels?

    • Learn How To Download, Install, And Use The Xnxubd 2022 Frame App

      Learn How To Download, Install, And Use The Xnxubd 2022 Frame App

      XNXUBD 2022 Nvidia users are able to watch thousands of videos and other contents online. XNXUBD 2022 Nvidia New is a piece of software that enables people to watch videos online without having to pay for memberships. On a graphics card, the XNXubd also provides some of the best gaming and virtual reality experiences.

    • Xvideostudio Video Editor Apk Free Download For Pc Full Version In 2022

      Xvideostudio Video Editor Apk Free Download For Pc Full Version In 2022

      A new edition of the Video Editor Apk for xVideostudio.Video Studio has all the latest features, including support for multiple video download formats in HD, FHD, and even 4K resolutions.

    • 9 Best Lotion For Masturbation - Popular Choice For 2022

      9 Best Lotion For Masturbation - Popular Choice For 2022

      Masturbation is a common activity for men and women. It's a natural and risk-free way to explore your body, experience pleasure, and release sexual tension.

    • Reasons Why You Need To Stop Watching Movies From Sflix

      Reasons Why You Need To Stop Watching Movies From Sflix

      Without having to sign up or pay anything, you can watch movies online for free with SFlix. It has more than 10,000 movies and television shows.

    • Coi Leray Mom And Dad's Family History & Wife, Explained

      Coi Leray Mom And Dad's Family History & Wife, Explained

      Coi Leray Collins (born May 11, 1997) is a rapper from the United States. Leray started publishing songs to SoundCloud in 2014, and in 2018 she released her breakthrough track "Huddy" as well as her first mixtape, Everythingcoz.

    • Listen And Download Music On MyFreeMP3 For Free

      Listen And Download Music On MyFreeMP3 For Free

      Are you in a bind and looking for a place to obtain free mp3 songs? Never again will you need to bother, since this article has everything necessary to obtain your solution. Download free music from MyfreeMP3.com, one of the world's most popular websites.