Palin: "We Shouldn't Worry About Government Not Having Enough Money"

[Hissyspit]

Source: Wall Street Journal

October 16, 2008, 11:26 am
Palin: ‘We Shouldn’t Worry About Government Not Having Enough Money’

GOP vice-presidential hopeful Sarah Palin defended John McCain’s economic plan and the overall tone of the campaign in a feisty interview with WMUR in Manchester, N.H.

During the sit-down Wednesday, the Alaska governor wasn’t her perky self while answering several questions, including a discussion of the current market turmoil. WMUR anchor Jennifer Vaughn asked about how the Republican ticket would fund its newly proposed initiatives, given the proposals include tax cuts at a time when revenues already are slowing because of economic conditions. McCain proposed a new set of tax cuts this week totaling $52.8 billion, in addition to the $700 billion federal bailout package.

“The economy is slow and revenue is not coming in like it does during good times,” Vaughn said. “How can you really explain how this plan will work?”

“Really?” asked Palin. She went on to explain that revenue shouldn’t be coming into the government at this time. Rather, she said, that money is better spent by the businesses and individuals themselves. “We shouldn’t worry about government not having enough money. Government’s got plenty of money,” she said. “It’s a matter of how government prioritizes the expenditures of those public dollars.”

Read more: http://blogs.wsj.com/washwire/2008/10/16/palin-we-shouldnt-worry-about-government-not-having-enough-money/?mod=googlenews_wsj

[redqueen]

Apparently the concepts of budget deficits and national debt are too complicated for poor Sarah.

She is in way over her head.

[Randomthought]

1. "plenty of money"!

So now we are just winking away the deficit.

[Solly Mack]

2. Uh...Make it stop

[Hissyspit]

6. Fish in a barrel. n/t

[Solly Mack]

9. But will she go away and stay away?

[Boudica the Lyoness]

24. Yes, she will gone soon Solly.

Soon the election will be over and this woman will go back to Alaska where she will get herself into more trouble.
I don't think she'll be used again for national office because most people/woman see her for what she is. Also she has embarrassed many people although they will not all admit it now.
One day we'll all laugh about this.

[Solly Mack]

26. I hope so! Thank you!!!

[xxqqqzme]

36. I don't think she will go away.

The racist, religious rong wing nuts have their patron saint and, what's dangerous is, she knows it! She will be more than eager to exploit this relationship in the future. She loves the spotlight and she ain't gonna give it up. She will not be content to return to her previous 'big fish in a small pond' status. It doesn't have the excitement, the Adrenalin rush of the fixed news, the couric's or the whorporate media clamoring for your views & requesting your presence. Nope, Alaska is just going to be 'too small' for the Tundra Tramp.

[Thor_MN]

50. Ever see the movie "The Mist"? Based on a Steven King story

All the wing nuts need is someone to incite their fears and they herd themselves into mob mentality, ready to follow any screwball notions of their leader.

[meegbear]

3. feisty?

Feisty?? FEISTY?1!??1

[mikeytherat]

19. Well "intransigent" is an awfully big word, and "snide little asshole" didn't get past the editor.

Remember, she's a Republican - being an asshole is considered a positive character trait.

mikey_the_rat

[Supersedeas]

34. is it even possible to have a civil conservation with this Prop

[mikeytherat]

41. Can you have a civil conversation with a "pitbull in lipstick" or a "barracuda?"

Probably not. And kudos to Gov. Palin on choosing two animals which most people, correctly or incorrectly, associate with vicious attack animals.

To paraphrase Darth Vader: "The Stupid is strong with this one."

mikey_the_rat

[TrogL]

4. and how are all those government workers supposed to pay for stuff?

Straussian dogma is that "all ships rise", but they can't with a dead economy with nobody spending money.

[Dhalgren]

10. It's "McCain's Magic Money"!

I'm telling you that McCain and the twerp think there is some kind of source for "Magic Money" out there that they will have access to. They both talk like money is no problem - it's all magic! :puke:

[dixiegrrrrl]

16. Corollary: All dead fish float.

[LynnTheDem]

5. Good fuckin' grief.

Palin', when ya don't know what the fuck yer talkin' about, just shut the fuck up.

It's less embarrassing for America.

[LynneSin]

7. We'll just print more

:grr:

[sinkingfeeling]

8. Wow. Same economic sense as W! Are we sure they're not long-lost twins?

[salib]

11. Spoken like a tru Government Contractor

Yes, according to CACI, Blackwater, etc., the Gov't has PLENTY of money. She has been at the trough all your career in Politics and Gov't. It is obvious.

[Kalifornia.Kid]

12. There she goes again ... "Stupid is as Stupid does"

[Turbineguy]

13. Like Bush

Only Dumber

[central scrutinizer]

14. I can't wait for the businesses and individuals to build roads, bridges

fire stations, schools, and all of the rest of that boring old infrastructure shit. How feisty and perky is that.

[dixiegrrrrl]

15. Is there a word for beyond stupid?

Besides "Palinate" I mean.

[mac56]

17. What a mavericky thing to say!

She's such a maverick with so much maverickness.

[xxqqqzme]

38. as Richard Lewis said on

Countdown, 'there's only one maverick - James Garner'. Maybe when referring to mclame & the tundra tramp, it should be mcmaverick.

[pattmarty]

18. Hey, it's the government, just print a couple of trillion more.

[Oak2004]

20. Well, that part is sort-of correct for the next couple of years

in that we should not get all crazy not wanting to spend money on infrastructure investments and other economic recovery measures.

She said this because she understands Kensianism (sp- sorry, on a PDA here and can't spellcheck), and how infrastructure investment is qualitatively different from simple expenditures and spoke no doubt of the benefits of reprioritizing money away from the Iraq boondoggle, right?

:sarcasm:

[TrogL]

43. errrrr, no.

Straussians don't put infrastructure into the equation. They think it just magically appears or that Joe the Plumber will maintain his little piece of the road (no, I have no idea how he's going to afford to rent a million dollar asphalt spreader to do 30 feet of road).

[Oak2004]

46. Rent? In a free market the invisible hand would sell him one

because magic happens ;-)

:sarcasm:

[BlueKansan]

21. Sure, if it's ALASKA government!

The higher the price of a barrel of oil, the more money flows into the Alaska government's coffers. They're operating with a multibillion dollar surplus on any given day. Palin knows nothing about running a government that is stretched for cash. Her state has no sales tax, no state income tax and no property taxes, yet it's drowning in money. The irony is that even with such a surplus, Alaska still seeks huge chunks of federal money for things like the Bridge to Nowhere and other pork projects.

Check out yesterday's "Fresh Air" segment on NPR. It's very balanced, not an interview that sets out to skewer Palin, which is what makes its indictment even more convincing, IMO:

http://www.npr.org/templates/story/story.php?storyId=95725546

[redqueen]

25. And hardly anyone mentions it when she talks about how great thigns are up there budget-wise.

:banghead:

[sakabatou]

22. Palin, does the year 1929 mean anything to you?

[Oak2004]

28. Sure it does

She went to college(s) to learn that. It was part of her career preparation, you know, to know that the '29 Yankees were quite a ball team.

:sarcasm:

[brentspeak]

23. Face-plant

:banghead:

[truthisfreedom]

27. I believe this was the emoticon you were all looking for.

[Vinca]

29. Palin must be a student of the

"money coming out of the sky on a flaming pie" school of economics.

[PatSeg]

30. Oh, now my brain hurts!

[whosinpower]

31. Once more this proves the vast difference in ideology

A RESPONSIBLE person will consider that outsourcing debt - or offsetting it to future generations is abhorrent, irresponsible and reckless. We see the very result every time we look at the markets of recent times....there is a lack of confidence in the american model - and that is crushing markets worldwide.

Republicans get all uppity about redistributing the wealth.......but they are most happy and eager to redistribute the debt. Debt does matter. It is the result in the lack of confidence in the market.

[onenote]

32. New McCain/Palin theme song: I've Got Plenty of Nothin'

"and nothing is plenty for me."

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

[Historic NY]

33. Hey they got ink & paper..duh..repealing the * tax cuts would bring in some cash

if she was so worried.

[Dems4me]

35. hahaaa! That is the best laugh I have all day, she's so stupid. n/t

[narrator]

37. Palin's inconsitencies

I cannot get myself off C-Span to watch the decision makers and those who are supposed to be in the know. This is Katrina all over again only at a global scale and we still don't know if we are drowning or if we are drying up and drinking sand, as the young lady told the Governor of Alaska, who was busy chastising government waste.
This is not the time to cut public expenditures, on the contrary what has been done so far to stem the tide is by far too little and still based on the mistaken beliefs in the self-healing forces of the free market. One after the other markets disappear for lack of funds and purchasing power. Markets which close down, cannot be stimulated, they need to be rebuilt or be replaced by new markets for things that have been lacking in the past. The World's balance sheet is imploding faster than anyone would have expected. The value of accumulated wealth is crashing in unison in all countries. This calls for concerted international action and there must be a conductor to stave off mutually exclusive destructive ruinous national adjustment policies. This is not the time for retrenchment and cost cutting and government budget balancing efforts.
George W. Bush has given the green light. The free market fundamentalists haven thrown in the towel. Now is the opportunity to take the initiative to steer wealth creation in a new direction. Profuse investment opportunities wait to be started to create yields for generations to come. This is where the money is coming from to pay for them now at the start. With the value of private claims on the future declining all governments of the world must step in to bridge the cap until more stable expectations encourage private initiative again.

[TrogL]

47. Welcome to DU

You seem to know a thing or two about economics. Please join us in the daily Stock Market Watch thread or the economics forum.

[woofless]

39. Shit. For. Brains.

[TomInTib]

40. There were some great comments accompaying that article.

The retired military guy was great.

[mbperrin]

42. Ah, the reprise of Cheney's "deficits don't matter"

Okey-dokey.

[Betty]

44. government has INFINITE money

because they can always print more.

[fascisthunter]

45. Brilliant Economics.... borrow from foreign countries

who cares if the government is in debt. We must destroy all forms of socialism.


Talk about "cutting off the nose to spite the face".

[and-justice-for-all]

48. Borrow, baby, borrow!

:eyes:

[olddad56]

49. You Bethca we don't have to worry about that darn government having enough money,

Why, by golly, we can always borrow it from those Chinese folks over there by Russia. We can see Russia from Alaska, ya know.

[Poseidan]

51. Sarah the Palin

She is desperate for acceptance. How easier to be accepted than through beauty pageants, churches, and crazy political groups?

[Javaman]

54. ...

sarah the impalin...

[Dont_Bogart_the_Pretzel]

52. Ya know, “We shouldn’t worry about government not having enough money....

:dunce: We'll just have more printed, :eyes: and while we're at it, Great President Ronald Reagan still needs to be put on the $10 bill.

Link from 2004 http://money.cnn.com/2004/06/08/news/economy/reagan_hamilton/

Reagan the new face of the $10 bill?
Conservatives will push for image of 40th president to grace $10 bill, $20 bill or dime.

On Tuesday Sen. Mitch McConnell (R-Ky.) confirmed that he is considering sponsoring legislation in the Senate to have Reagan's image replace that of Alexander Hamilton, the nation's first treasury secretary, on the $10 bill.

[olddad56]

53. Put him on the 1000 dollar bill, because, thanks to him, the 1000 has the purchasing power of a ten.

[GinaMaria]

55. How can the gov be out of money? we still have checks! n/t

[JBoy]

56. Holy Fuck. Running a deficit means the government has less than zero money.

She can't seriously be this stupid.

[mokawanis]

57. Breaking: Palin supports distributing vast amounts of Monopoly money.

That ought to get the doggone economy back on track you betcha.

[KewlKat]

58. Video

http://mfile.akamai.com/12878/wmv/vod.ibsys.com/2008/1015/17722770.200k.asx

[VoodooGuru]

59. more so-called conservatism

And absolutely the last freakin' thing we need.

People who buy this kind of crap do not grasp the fundamentals: when the government has to borrow, that's money that COULD have been borrowed by private individuals to keep the freakin' economy going. What I want to know is why the Wall Street Journal, of all publications that ought to know better, keeps providing a forum for this idiocy.

[Delphinus]

60. The comments there are quite a read ...

don't miss them.