Palin says another Great Depression is possible

[Nambe]

Source: 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." ...

Read more: http://news.yahoo.com/s/ap/20080924/ap_on_el_pr/palin

[Tandalayo_Scheisskopf]

1. Can someone avail me...

Of her expertise and accomplishments in "The Dismal Science"? Beyond clipping coupons, that is.

[denverbill]

27. She passed Macroeconomics in college. With a 'D'.

But that's OK. Who cares if she can barely pass an economics class that most college football players take to have an easy course?

At least John McCain, who admits he doesn't know much about economics, including how many houses he owns, won't be there to help her out.

[texanshatingbush]

44. I would be really surprised if she even took a macroeconomics course......

Does a Journalism degree usually require it? And since she has a history of sporadic attendance--was it 6 schools in 5 years or something??--she doesn't really strike me as the kind of motivated and focused student who might want to tackle a "rigorous" economics course as a means of making her resume look better come job-interview time.

Why haven't we heard any of her former professors exclaiming what a dedicated and brilliant student she was? Students like Sarah Palin take the least-challenging courses they can find in order to fulfill the bare-minimum requirements of the degree program.

So I suspect even the "D in Macroeconomics" is a deliberate lie in a long string of deliberate lies and pandering undertaken by this woman of little substance and and win-at-any-cost morality.



FREE LEVI!!!!!!!

[iiibbb]

47. Depression starts with a "D"

[Solly Mack]

2. I'm amazed that anyone takes her seriously

What could she possibly say that anyone wants to hear?

And she's not saying anything but what she is told to say.

[DCKit]

17. Ya think they clipped "Some people say..." off the beginning of her quote?

Just sayin'.

Me? I'm hanging on her every word. :sarcasm:

[Solly Mack]

21. lol! Exactly!

No denying the woman is a danger to America (her warped ideology is very dangerous) but to pretend she has a clue?

Amazing

[GoddessOfGuinness]

87. I was amazed that people took Dumbyass seriously...

and Lush Limpballs, and Ann Coultergeist.

Nothing amazes me anymore.

[Solly Mack]

89. That's the scary part of it all

unfortunately

[Art_from_Ark]

109. It was bad enough that they took Reagan seriously

"Trees cause more pollution than cars"
"There is more forest land in the US today than there was when the Pilgrims arrived"
"I can't remember any meetings"

ad nauseum :puke:

[Supersedeas]

104. Couric seems to be completely intrigued--well, get back to ya

[BOSSHOG]

3. Yeah sarah aren't all republican depressions great?

[Critters2]

4. And she knows this how, exactly?

How'd she do in macro?

[BOSSHOG]

8. She's a quick study

I predict a great depression in the palin household when they get their next copy of the National Inquirer.

[dflprincess]

16. This wasn't meant to show off her "knowledge" - it's a threat

"Bail out our friends or you're all going down with them."


Sort of like:

[Dollface]

28. I heard that her thesis "Price Theory Calculus for Hockey Moms" completely overturned the

conventional wisdom with respect to supply and demand by applying it to the Republican's energy policy.

[Critters2]

35. The very thought of Palin writing a thesis

just makes me :rofl:

[Critters2]

36. Your sig is very powerful. What's it from? nt

[Imperialism Inc.]

39. I think it is Pink Floyd. Unless they got it from somewhere else.

[Dollface]

45. Nice catch.

[Dollface]

40. Us and Them. Dark Side of the Moon. Pink Floyd

[Cronus Protagonist]

83. Churchy Spice saw an image of Jesus in her compact this morning

And He told her all about it.

[Critters2]

105. Churchy Spice!!

:rofl:

How does one go about changing one's username?!

[CountAllVotes]

5. Info. from someone that got a "D" in macroeconomics

yep, I'd take her word on this! :sarcasm:

:dem:

[MidwestTransplant]

6. So does that mean McCain is going to vote for it and if he doesn't he bring on a Depression?

[RUMMYisFROSTED]

7. "...if elected."

[madrchsod]

9. i think moose needs to go back to alaska and take care of her kids.

this woman could be the next president of the usa.

[cabluedem]

99. Thats a scary thought, isn't it? I wonder if she is a better shot then "Dead-eye Dick"?

:eyes:

[Journeyman]

10. Does she assure us there won't be one if the bailout is approved? . . .

If she can't give that assurance, she can't speak with certainty about the potential negative effects of rejection.

[El Supremo]

11. What she also said was that we should all take Prozac.

Because depression is, like, real bad.

[cabluedem]

90. Or do like Sarah does when she feels like a lift. Shoot a moose from a helicopter.

:puke:

[Debi]

12. Palin respnded..."Depression? You betcha!" But I'm gonna shake up and fix the economy

just like I did for Alaska, so turn that frown upside down now ya hear?!

[endarkenment]

13. Palin knows absolutely nothing about the economy.

She flaunted her enormous lack of knowledge in her cloistered interview with Gibson.

[Demit]

14. There's two weighty minds discussing the topic of economics.

Good grief, better tie something to your tv during that interview so it doesn't float away.

[Patriot Abroad]

41. Thanks a lot . . .

You made me snort milk out of my nose laughing . . .

[Demit]

85. Would that be Mother's Milk, by any chance?

:) Cheers!

[Venceremos]

15. What a BS answer

We may find ourselves on the road?

My mother-in-law answers a question that way when she wants to appear knowledgeable, while at the same time not actually committing herself to a possibly wrong answer.

[truthisfreedom]

18. Hey, Palin, show us how to field-dress a moose! We'll all need to know, since the GOP DROVE US INTO

THE DITCH!

[dchill]

19. "another Great Depression is possible"

Just elect ME, and I'll show you HOW!

[alsame]

20. Ed Rendell reacted to this clip on MSNBC - he immediately

said she knows nothing about the economy because the obvious solution to avoiding a depression is to create jobs. He then launched into a very strong pitch for Obama and his economic plan.

[dipsydoodle]

22. That's what having only a single braincell does for you.

She's already using the fear factor and she's only new to the game. :sarcasm:

Don't suppose she'll also mentioned exactly which party created this fucking mess.

[firedupdem]

23. In what fucking respect Sarah? n/t

[foxfeet]

24. Well, she's right in one sense

The whole damn country will wind up mightily depressed if she and McClaim steal another election.

[scarface2004]

25. in what respect charly??!!

palin stfu you stupid asshole!!!

[dixiegrrrrl]

26. But Condi said today we have strong fundamentalists..

or something like that....:sarcasm:

[Art_from_Ark]

110. I think "fundamentalists" were mentioned in that old Don MacLean song

"In the Amazon"

There's a danger zone, not a stranger zone
Than the little plot I walk on that I call my home
Full of eerie sights, weird and skeery sights
Every vicious animal that creeps and crawls and bites!!

[sakabatou]

29. My neighbor probably knows a lot more than Palin

He said everyone is to blame. The biggest thing may have been the short-selling of stocks and they guy in charge of the FCC.

[9119495]

30. Well, now I don't know what to think!

I mean, I thought another great depression was possible but if Palin says it, prior experience tells me it can't be true.

[melody]

31. Solomon has spoken

She probably can't balance her own damned checkbook.

[Joe Chi Minh]

32. Whose fault would that be, Madam Patti? The Democrats? You'd have some job

convincing the public of that, whether in the US or anywhere else in the world. As long as they don't hand over the keys of the safe to your friends, but instead give them hell, the Democrats are in a win/win situation, whatever else they do.

[VaYallaDawg]

33. Let's just hope we find ourselves on the road AWAY from

George Bush #3 and Palin. Gawd.

[whistle]

34. Sounds like blackmail to me, "Give Wall Street $700 billion without

...conditions or accountability, or suffer through another Great Depression"

[BadGimp]

37. Naomi Klein calls it the "Shock Doctrine"

http://www.naomiklein.org/shock-doctrine

Disaster Capitalism in Action

Now is the Time to Resist Wall Street's Shock Doctrine
Naomi Klein, Huffington Post, September 22, 2008

I wrote The Shock Doctrine in the hopes that it would make us all better prepared for the next big shock. Well, that shock has certainly arrived, along with gloves-off attempts to use it to push through radical pro-corporate policies (which of course will further enrich the very players who created the market crisis in the first place...).

The best summary of how the right plans to use the economic crisis to push through their policy wish list comes from Former Republican House Speaker Newt Gingrich. On Sunday, Gingrich laid out 18 policy prescriptions for Congress to take in order to "return to a Reagan-Thatcher policy of economic growth through fundamental reforms." In the midst of this economic crisis, he is actually demanding the repeal of the Sarbanes-Oxley Act, which would lead to further deregulation of the financial industry. Gingrich is also calling for reforming the education system to allow "competition" (a.k.a. vouchers), strengthening border enforcement, cutting corporate taxes and his signature move: allowing offshore drilling.

[Pale Blue Dot]

42. Palin's statement, in combo with McCain trying to get out of the debate and Bush's address

has me very, very concerned. I think that for the first time in my life I'm going to listen very carefully to what Bush has to say tonight.

[McCamy Taylor]

38. She knows! She can see "The Great Depression" from her house!

[krabigirl]

43. Well, it will definitely happen if she and McInsane are elected.

[Zorra]

46. Just distribute all that cash among every US taxpayer that makes $60,000 or less

per year.

That would ward off an awful lot of depression.

[maddezmom]

48. Palin says another Great Depression is possible

Source: AP

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."



Read more: http://ap.google.com/article/ALeqM5h21ZbzgPbTVRftcJPT5vkHkonY5QD93D7TBO0

[LSparkle]

49. More FEAR FEAR FEAR!

Evita is a quick learner!

[theoldman]

50. I guess in one of her past lives she lived during the depression.

How else would she know because she obviously never read any history books.

[Dogtown]

51. Don't Panic

and never forget your towel.

[nachoproblem]

52. Another depression IS possible

if we work hard enough for it. And I'm sure that Caribou Barbie plans to give it her best shot.

[fascisthunter]

53. Another Great Depression is Here Due to REPUBLICANS

like her....

[Roland99]

54. It's certainly a distinct possibility. One we've all discussed up here. *BUT*....

WTF does this clueless wonder know about it other than what she's been fed to say by Rove?!?!?!?!?


:banghead:

[PatSeg]

61. Hey, she attended FIVE colleges in seven years

That must make her five times smarter than most people!

[truthisfreedom]

55. Luckily 1] She's not headed to office and 2] Nobody listens to her yammering.

Whew.

[kestrel91316]

56. This, from the woman who FAILED macroeconomics???

And yes, where I went to college, a D was FAILURE the same as F because you couldn't count the credit toward graduation.

[ColoradoMagician]

57. Unfit for Office

"Unfortunately, that is the road that America may find itself on."

Gee, I could have told you this.

[Enrique]

58. will it come in the form of a mushroom cloud?

:puke:

[jfkraus]

59. Did anyone ask her if she knows what a depression is?

Just take some Vallium, and call me in the morning.

[annarbor]

60. It's that dimple she gets when she pops a zit!

She has no clue what a depression is.

[HomerRamone]

62. I'll be in a Great Depression if she's elected n/t

[natrat]

63. and she's gonna be our little hitler

[mwb970]

64. Why should we listen to her? Is she an expert on the economy too now?

I actually LOL'ed when I read the headline. It might as well have read "Madge Winterspoon of Reno, Nevada, says global warming could be really bad."

[Somawas]

65. Palin is relevant to a discussion of economics how?

[wilt the stilt]

66. use your tanning bed

That is supposed to clear up depression

[Whoa_Nelly]

67. Yes, Palin has so much experience, insight, foresight, and financial savvy

Not!

[kirby]

68. My depression started when McCain picked you!

Just the thought of a Palin presidency sent me into the skids.

[noel711]

69. Yes, as deep chasm of dark depression... that I'll be in come November

if Obama/Biden dont' win.


And yes! Gov. Palin IS an economic expert...
she was a mayor, with responsibilities,
she cut the budget of her town,
even cut rape kit expenses.
She KNOWS how to run a country...

(all this makes me depressed even now...
How could 'she' have happened to us?)

[Vinca]

70. Maybe one reason we're in such a mess is politicians building

ROADS TO NOWHERE and WASTING TAXPAYER'S MONEY.

[crossroads]

71. Another FEAR tactic!

They can't get their bailout going so think the puplic will respond to these fears!
cr

[Frisbee]

72. She finally opens her pie-hole...

and that's what comes out? Anyone taking bets she never debates Biden?

[LiberalEsto]

73. She needs a GREAT DOSE of Midol nt

[Nickster]

74. A Great Depression in what respect?

[Plucketeer]

75. Whaddya wanna bet..

..she has stock in some tanning bed company!

[GalleryGod]

76. The Douchebag for Liberty Chimes-In

Theeeeenks but Noah Theeeenks, Douchebag!:puke:

[cvoogt]

77. Palinomics?

so she's an economic expert now? From the state that lives off of federal welfare?
Fictional interview;

Palin: "... another Great Depression is possible ... and desirable. Who wants a bad depression?"
Reporter to Palin: "Do you support women's suffrage?"
Palin: "Absolutely not. I do not think women should suffer."
Reporter: "But while you were mayor, Wasilla rape victims were charged for their rape kits. How does that compute?"
Palin: "Taxpayers should suffer less than rape victims. Small government is more important than actual people."

[benld74]

78. I'VE BEEN DEPRESSED SINCE 2000

[greyghost]

79. I feel your pain.

[GinaMaria]

80. Wolf! Wolf! Everybody a Wolf is coming!

psych!

[Marblehead]

81. Bring it on!

[timtom]

88. Yeah, if McSame gets in...

[Clyde39]

82. And we trust her knowledge on this, why?

Didn't I just read that the Bushies have had this plan for months? "Fratto insisted that the plan was not slapped together and had been drawn up as a contingency over previous months and weeks by administration officials. He acknowledged lawmakers were getting only days to peruse it, but he said this should be enough."

[Eurobabe]

84. Is that Tina Fey again???

:rofl:

[mitchum]

86. "Not merely a Great Depression, but an AWESOME Depression, you betcha!"

[timtom]

91. This response is to the AP; not the OP

Who cares WHAT Palin says?

She's a dime store nitwit. End of discussion.

[Nihil]

102. *cough*

> Who cares WHAT Palin says?
>
> She's a dime store nitwit. End of discussion.

On past performance, neither a lack of intelligence nor overt
senility prevent the designated person from becoming president.

When that president is the oldest one in your history and his
VP willingly embraces the support of suicidal end-time cults,
you had better realise that she is probably your future president.

The biggest chance you have of avoiding this is to ensure that
she (and all of her incompetent, incoherent & downright nutty
opinions) get LOTS of publicity before the election as even the
Rove machine couldn't steal an election if you can shake loose
the 20%ers.

:shrug:

[defendandprotect]

92. Palin: US could face another Great Depression

Source: AP

delete

Read more: http://hosted.ap.org/dynamic/stories/P/PALIN?SITE=CAANR&SECTION=HOME&TEMPLATE=DEFAULT

[BrklynLiberal]

93. I believe she had no idea at all what the hell she was saying. She was parroting words that

were given to her, and she had no basic understanding of them...much like when ABBA sang in English. They just learned the words phonetically.

[graywarrior]

96. She was like a first grader answering Candid Camera questions.

[silverojo]

97. ABBA did NOT sing English phonetically!

I helped in writing a book about ABBA, so I know fact from fiction.

All four spoke English, and understood their songs perfectly...after all, they did write all of them!

Frida, Bjorn, and Agnetha also spoke German. Frida learned it because her father was German, Bjorn learned it because he wanted to be able to do interviews in German, and Agnetha learned it because she had a solo career AND a boyfriend in Germany in the 1960's. Frida also spoke French.

BTW, ABBA's lyrics weren't "handed to them". Bjorn wrote most of ABBA's lyrics, and only in the earliest days of their career he co-wrote them with ABBA's manager Stig Anderson.

I know you meant well, but please do not insult intelligent, liberal people like ABBA, by comparing them to Sarah Palin. To this day, they're our allies in fighting against global warming and theocracy. Bjorn's recent interviews, in which he discusses the threat of religious fanaticism, make for very interesting reading.

[BrklynLiberal]

98. Thanks for the info. I certainly meant no insult to ABBA.

I am glad to know that they spoke English and understood the songs they sang.

I saw "Mama Mia" on Broadway, and was surprised at how much I enjoyed it.

[The_Casual_Observer]

94. One of the great economic minds of the 3rd Century.

[IDemo]

95. US will face depression medication and therapy if Palin/Gramps win

[defendandprotect]

100. Concerted effort by GOP leaders to create CRISIS urgency -- Shock & Awe public --

[patomime]

101. "unfortunately, that is the road that America --

may find itself on" if we ever, ever, ever, ever let the Repugs take over again!

:scared:

[workinclasszero]

103. Palin said: "Unfortunately, that is the road that America may find itself on." ...

Yeah and who put us on that road Failin????

****in chicken hawk, corrupt, greedy, lyin, capitalist pig, warmongering, racist, luddite, know-nothing, hypocrite, money worshiping, middle-class destroying, working class hating...

MOTHER-****ING REPUBLICANS!!!

[MellowDem]

106. Only if she gets elected

Then I'll have a depression so great I'll have to drink myself into oblivion.

[Fire Walk With Me]

107. Disaster capitalists would LOVE America's economy to fail.

Think of the opportunities for privatization at the social and financial levels. They were already after Social Security, for months and months...

I'm certain that they already have been thinking about it. Perhaps even acting to create it, considering the profit-through-destruction activities that have been occuring for the last eight or more years.

[AlphaCentauri]

108. for the last 6 years a recession has been predicted

Alan Greenspan Surprises Attendees With Recession Prediction


http://ezinearticles.com/?Alan-Greenspan-Surprises-Attendees-With-Recession-Prediction&id=893748

No recession in 2008 and 2010

http://inflationusa.blogspot.com/2008/03/no-recession-in-2008-and-2010.html


:shrug: