Politics

Palin: ‘What The Bailout Does Is Help Those Who Are Concerned About Health Care Reform’

This morning on the CBS Early Show, Katie Couric previewed the second half of her interview with Gov. Sarah Palin (R-AK). During the interview, Couric asked Palin why she believes the Wall Street bailout is needed.

Palin responded incoherently by claiming that the bailout would “help those who are concerned about health care reform.” Palin then appeared to look down at her notes and says, “Oh, it’s got to be all about job creation”:

COURIC: Why isn’t it better, Governor Palin, to spend $700 billion helping middle-class families struggling with health care, housing, gas and groceries? … Instead of helping these big financial institutions that played a role in creating this mess?

PALIN: Ultimately, what the bailout does is help those who are concerned about the health care reform that is needed to help shore up the economy– Oh, it’s got to be about job creation too. So health care reform and reducing taxes and reining in spending has got to accompany tax reductions.

Watch it:

“She’s not always responsive when she’s asked questions,” Couric said of Palin. “It was a really interesting experience for me to interview her yesterday,” she added.

Yesterday afternoon, Sen. John McCain (R-AZ) canceled an appearance on the Late Show with David Letterman in order to do an unscheduled interview with Couric. In explaining why he believed the Wall Street bailout is necessary, McCain did not cite health care reform.

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Transcript:

COURIC: She’s not always responsive when she’s asked question and sometimes does slip back to her talking points. So it was a really interesting experience for mer to interview her yesterday.

RODRIGUEZ: Let’s see if that’s the case here, we have an excerpt where you ask her about her opinion on the bailout.

COURIC: Why isn’t it better, Governor Palin, to spend $700 billion helping middle-class families struggling with health care, housing, gas and groceries? Allow them to spend more and put more money into the economy? Instead of helping these big financial institutions that played a role in creating this mess?

PALIN: That’s why I say, I like ever American I’m speaking with were ill about this position that we have been put in where it is the tax payers looking to bailout.

But ultimately, what the bailout does is help those who are concerned about the health care reform that is needed to help shore up the economy– Helping the — Oh, it’s got to be about job creation too. Shoring up our economy and putting it back on the right track. So health care reform and reducing taxes and reining in spending has got to accompany tax reductions and tax relief for Americas. A

And trade we’ve got to see trade as opportunity, not as a competitive scary thing. But 1 in 5 jobs being created in the trade sector today. We’ve got to look at that as more opportunity. ALl those things under the umbrella of job creation.

This bailout is a part of that.