From The Road
September 17, 2008 11:56 AM

Palin "Disappointed" In "Understandable" AIG Bailout

By
Scott Conroy
Topics
Sarah Palin
(CBS)
From CBS News' Scott Conroy:

(CLEVELAND, Ohio) During a quick stop at a diner in Cleveland, Ohio, Sarah Palin was asked for her reaction to the AIG bailout.

"Dissapointed that taxpayers are called upon to bailout another one," she said. "Certainly AIG though with the construction bonds that they're holding and with the insurance that they are holding very, very impactful to Americans so you know the shot that has been called by the Feds its understandable but very, very disappointing that taxpayers are called upon for another one."

Told that her traveling press corps was getting lonely in the back of her campaign plane, Palin said, "Are you getting lonely? Gee, yeah, come on up then!"

Though she has been on the campaign trail for nearly three weeks, Palin has yet to hold a press conference, and this morning's stop marked the first time she answered a question from the press on the fly, prompting concerned looks from staffers. Palin did have a two-day interview with ABC News' Charlie Gibson and sat down with Fox News' Sean Hannity in Cleveland this morning.

The media is sure to take the governor up on her offer to chat at the front of her plane, assuming the campaign is willing to comply with the boss's wishes for more face time with journalists.

  • Scott Conroy

    Scott Conroy is a National Political Reporter for RealClearPolitics and a contributor for CBS News.

Add a Comment See all 17 Comments
by farwestfox September 20, 2008 3:21 AM EDT
you dissapoint yourself if you expect something better from someone who believes "earth is flat" and those who support her cannot comperehend anything more sophisticated.
Reply to this comment
by joepack61 September 17, 2008 10:14 PM EDT
The federal loan to AIG almost seems like corruption. It doesn''t semm like it was done under a uniform law because the press continuously discussed about whether it should be done at all. AIG apparently is too tied into the rest of the economy. Lehman Bros. was a stinking investment bank that doesn''t deserve a dime of public money.
Reply to this comment
by kansas1946 September 17, 2008 8:22 PM EDT
%u201CCertainly AIG though with the construction bonds that they%u2019re holding and with the insurance that they are holding very, very impactful to Americans so you know the shot that has been called by the Feds its understandable but very, very disappointing that taxpayers are called upon for another one.%u201D

***************************

Lord, this woman is just about as articulate as Bush!! "Impactful??"
Reply to this comment
by usclimey September 17, 2008 7:57 PM EDT
Did anyone understand her answer the first time through? Took me three times just to get the jist. I notice she''s done Fox. I bet Shammity asked her all sorts of tough questions between his drooling. Good thing she didn''t do O''Wrongly of course, she might have had to do him.
Reply to this comment
by jean243 September 17, 2008 7:37 PM EDT
They spell PAIN for America too many ways: McPain and Pain, bad for America.
Reply to this comment
by jean243 September 17, 2008 7:36 PM EDT
Who de-regulated the financial services industry?? None other than McCain and Phil Gramm, McCain''s financial advisor, in their 1999 bill. Shame on McCain! Shame on Palin, I bet you anything she doesn''t even know this.
Reply to this comment
by boatdocster September 17, 2008 7:09 PM EDT
%u201CDisappointed that taxpayers are called upon to bailout another one,%u201D Palin said.

Funny thing - Palin sure was not disappointed when she kept the 300 million for the bridge to no where; not disappointed when she siphoned off almost 30 million for for her town of 6700 people, both at US Tax payer expense.

Now Palin wants to ignore a duly served supenoa, which I thought was against the law

Palin is just like Bush - Cheney - screw the tax payer for every inch, ignore the law when you want to and buy votes.

America does not warrant another 8 years of this crapp!
Reply to this comment
by txranger8 September 17, 2008 6:58 PM EDT
Construction bonds are performance bonds secured by companies to ensure performance. That is not the issue with AIG, who went under because they were insuring mortgage backed bonds against default. As a mayor and as governor, she should know the difference, since she probably insured her municipal and state revenue bonds via MBIA or Ambac.

She needs more practice if she''s going to field questions...because this shows she does not understand why AIG failed in the first place and why bailing them out was or was not a good idea for the capital markets.
Reply to this comment
by amabobama September 17, 2008 5:53 PM EDT
PALINBUSH = Bush again. (In Greek, the word "palin" means "again.")

Say No To PALINBUSH!--amabobama
Reply to this comment
by amabobama September 17, 2008 5:50 PM EDT
PALINBUSH means "Bush again." (In Greek, the word "palin" means "again.") Say No To PALINBUSH!

--amabobama
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