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Breaking: Palin says another Great Depression is possible

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Perky Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-24-08 01:18 PM
Original message
Breaking: Palin says another Great Depression is possible
NEW YORK (AP) -- Republican vice presidential nominee Sarah Palin says the United States could be headed for another Great Depression if Congress doesn't act on the financial crisis.

Palin's comments came in an interview Wednesday with ''CBS Evening News'' anchor Katie Couric.

Asked whether there's a risk of another Great Depression if Congress doesn't approve a $700 billion bailout package, Palin said: ''Unfortunately, that is the road that America may find itself on.''

Palin said the answer to the financial crisis doesn't necessarily have to be the bailout plan that the Bush administration has proposed, but should be some form of bipartisan action to reform Wall Street.

http://www.nytimes.com/aponline/washington/AP-Palin.html
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anonymous171 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-24-08 01:18 PM
Response to Original message
1. lol So will McCain vote for it now?
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tosh Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-24-08 01:20 PM
Response to Reply #1
5. Yeah! That's what WE want to know!
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yardwork Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-24-08 01:19 PM
Response to Original message
2. It appears that another Great Depression is possible even if we bail them out.
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Sanity Claws Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-24-08 01:19 PM
Response to Original message
3. Why should I listen to someone who got a "D" in macroeconomics?
She's just a parrot repeating *'s lines.
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Junkdrawer Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-24-08 01:21 PM
Response to Reply #3
11. "repeating *'s lines"...Fed to her by Rove...
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Neshanic Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-24-08 01:20 PM
Response to Original message
4. She needs the invisible hand over her big fat yap.
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TwilightGardener Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-24-08 01:20 PM
Response to Original message
6. Thank GOD she finally weighed in--we were rudderless without her reassuring expertise!
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Perky Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-24-08 01:20 PM
Response to Original message
7. McCain is going to have to disown this statement in a hurry... Otherwise he has to vote for it!
Edited on Wed Sep-24-08 01:23 PM by Perky
The stupident thing in the world to say.... Now if he disown's the statement it makes her look like she is not ready for the big legues. If he agrees with her. He is going to have to vote for the bailout and call the GOP to vote for it too, He is going to piss people off no matter what he does.


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sandnsea Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-24-08 01:21 PM
Response to Original message
8. Well she's right on this
She just doesn't understand she was supposed to keep up the phony "recession" lie.
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TwilightGardener Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-24-08 01:23 PM
Response to Reply #8
15. She carefully managed to avoid saying anything. Yes, a depression is "possible".
Yes, there should be "bipartisan reform" of some sort. Wow, I feel so enlightened now!
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K8-EEE Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-24-08 01:21 PM
Response to Original message
9. "Perhaps so!"
I thought that was a funny answer to the "war with Russia" thing on the Gibson interview. "Perhaps so!" LOL, So cheerful! She's NUTS.
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1corona4u Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-24-08 01:21 PM
Response to Original message
10. She talks, yet never says a thing...
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glowing Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-24-08 01:24 PM
Response to Reply #10
16. Probably the best analysis of this woman.. She should have learned that
long ago line about wisdom.. sometimes you have to shut-up to learn.. seems like she never shuts up... She'd love to be out there talking to reporters..
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nc4bo Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-24-08 01:21 PM
Response to Original message
12. Fuck you Sarah. nt
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mrreowwr_kittty Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-24-08 01:22 PM
Response to Original message
13. I know I'll be mightily depressed if the crazy church lady and her grandpa win
Oh...you were talking about a different kind of depression.
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nam78_two Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-24-08 01:24 PM
Response to Reply #13
18. Heh heh
:spray:
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aint_no_life_nowhere Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-24-08 01:23 PM
Response to Original message
14. Palin to deliver a major lecture at the Harvard Business School on the subject of macroeconomics
and the effect of hedge funds, derivatives, and Credit Default Swaps on the subprime mortgage industry. I'm really looking forward to her amazing insight.
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shaniqua6392 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-24-08 01:24 PM
Response to Original message
17. And it is all the fault of the Republicans in Washington
and the greedy bastards on Wall Street. Why doesn't the media point this out at all? They are the ones to blame and the working class is going to bail them out while we suffer more every day.
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scheming daemons Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-24-08 01:25 PM
Response to Original message
19. Teehee.... puts her at odds with most of the rabid right.......

The Palin shine will be gone.



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AndyA Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-24-08 01:39 PM
Response to Original message
20. So, I guess Palin is just going to tell the Secretary of the Economy:
Edited on Wed Sep-24-08 01:40 PM by AndyA
"Thanks...but no thanks on a depression..."

You would never use the word "brilliant" to describe her, that's for sure!

P.S., Sarah, Mary Ann from Gilligan's Island would like her hairdo back. :rofl:
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Kind of Blue Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-24-08 01:40 PM
Response to Original message
21. stupid woman!!!
<img src=""
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Hippo_Tron Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-24-08 01:41 PM
Response to Original message
22. I dare a reporter to ask her what year the Great Depression started
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Barack_America Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-24-08 01:43 PM
Response to Original message
23. This from the woman who thought Fannie Mae and Freddie Mac weren't private companies?
Yeah, I think I'll look elsewhere for economic advice.
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ClarkUSA Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-24-08 01:44 PM
Response to Original message
24. McCain/Palin = Herbert Hoover redux
Between this and John "The fundamentals of the economy are strong" McCain, the Republican ticket is striking all the right notes...
for Election Day failure!
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CakeGrrl Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-24-08 01:44 PM
Response to Original message
25. Does anyone even believe she really knows what she's saying?
It's so obvious that she's delivering talking points. If you ask her to elaborate on them...nothing. Which is exactly why they shortened the debate format.

Does anyone really believe that if she hadn't been tapped for VP, it would even occur to her to be concered with whether there was "bipartisan action to reform Wall Street"?

There's no "there" there, and she hasn't given a free-form press avail to convince anyone otherwise.
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Ganja Ninja Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-24-08 01:49 PM
Response to Original message
26. Maybe we should all buy tanning beds.
It worked for her.
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Yavin4 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-24-08 01:50 PM
Response to Original message
27. Like Stephanie Miller Says Repeatedly
Beauty pageant answers.
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AzDar Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-24-08 01:51 PM
Response to Original message
28. ANYTHING is possible,Sarah.
She's a real fountain of knowledge isn't she?
:eyes:
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Oak2004 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-24-08 01:52 PM
Response to Original message
29. Ooooops, Palin made a boo-boo
It's "Another Great Depression is certain, and we need to invest the 700 billion in a New Deal for ordinary Americans".

Tsk tsk -- I guess her teleprompter must have broken again.
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SuperTrouper Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-24-08 01:53 PM
Response to Original message
30. In what respect, Sarita?
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Perky Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-24-08 02:21 PM
Response to Original message
31. Nice Choreography
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