Palin to Paulson: "No More Surprises"

[Chris]

Palin to Paulson: "No More Surprises"

In an interview after her speech at the Republican Governors' Association meetings here today, Alaska Governor Sarah Palin criticized the Bush administration for exacerbating voter "distrust" by shifting money from the $700 billion bailout from buying bad bank assets to purchasing additional stock in banks. In response to the proposed changes, announced yesterday by Treasury Secretary Henry Paulson, Palin expressed frustration on behalf of a weary electorate and offered a stern warning.

"No more surprises," she said. "I think the surprises make the electorate distrust elected officials and their ability to appoint people who are to be looking out for the public’s interest."

The brief interview took place in a meeting room at the Miami Intercontinental Hotel. I asked her the question today because when Wolf Blitzer asked her a similar question yesterday, she struggled to give him an answer.

She initially told him that "there is going to come a point here where absolutely the federal government must play an appropriate role in shoring up some of these industries that are hurting and will ultimately hurt our entire economy and the world's economy if there aren't some better decisions being made." But then she spoke of the need for "personal responsibility" and worried about setting a bad precedent.

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[DixieBelle]

And we also need to get to the point where we’re not reacting in crisis mode but we can be proactive here. That entails of course greater oversight of the entities and the players involved in all this. But with this second bailout plan that would evidently exclusively assist on segment of the manufacturing industry we want to know – Americans want to know that there is accountability here also. And if there were poor management practices and actions taken by the corporations and companies themselves that led to this collapse – it shouldn’t be about a blank check handed to them as a reward for perhaps some poor judgment and poor decisions made. There’s got to be accountability, otherwise, you know, there’s going to be a line of entities, states, people with their hands out sayin’: ’I want some of that, too.’ And what about those who have been wise and made sound decisions based on the circumstances that they were in?

Hello????? Is this thing on??? Hello America??? The only one making any sense in the election is speaking here!!! 

We're going down the tubes aren't we?

[Thor]

There’s got to be accountability, otherwise, you know, there’s going to be a line of entities, states, people with their hands out sayin’: ’I want some of that, too.’

THAT'S already happening..... Detroit, Chicago, who knows what city is next ??