Sarah Palin says the U.S. could be headed for another Great Depression

[Belinda]

NEW YORK - Republican vice presidential nominee Sarah Palin says the United States could be headed for another Great Depression like that of the 1930s 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.


Palin says another Great Depression is possible - Decision '08 - MSNBC.com

[tkdgirl]

CONTEXT for God's sake!

Here is the entire quote:

Unfortunately, that is the road that America may find itself on. Not necessarily this, as it’s been proposed, has to pass or we’re gonna find ourselves in another Great Depression. But there has to be action taken, bipartisan effort – Congress not pointing fingers at this point at … one another, but finding the solution to this, taking action and being serious about the reforms on Wall Street that are needed.

[kingcap72]

Wow, she must've heard all of the more qualified politicians mention that on the news.

[cmmdee]

^^ Please. The news crews were interviewing people on the streets and the Metro asking that and she must have picked up on the soundbites.

That whole Russia being close to her house thing isn't the answer for every question, she's figuring out.

[Fluffy]

Is the interview online somewhere?

[ana-mish-ana]

I think this is from the Katie Couric interview which will air tonight.

[Belinda]

Preview of tonights interview (it's very short)

Just A Peek: Katie's Interview With Sarah Palin - Couric & Co.

[cheetopia]

Way to go, Einstein-Palin, way to figure and configure

</sarcasm>

[lurkur]

Originally Posted by tkdgirl

CONTEXT for God's sake!

Here is the entire quote:

Unfortunately, that is the road that America may find itself on. Not necessarily this, as it’s been proposed, has to pass or we’re gonna find ourselves in another Great Depression. But there has to be action taken, bipartisan effort – Congress not pointing fingers at this point at … one another, but finding the solution to this, taking action and being serious about the reforms on Wall Street that are needed.

Sarah Palin says the U.S. could be headed for another Great Depression

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

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."

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.

Not necessarily this, as it’s been proposed, has to pass or we’re gonna find ourselves in another Great Depression.

The quote wasn't taken out of context, didn't infer that she was saying something she did not, and everything that you bolded as important to context was already in the article, sometimes twice. Why the anger?

[louiswinthorpe111]

How is a reform of Wall Street NOW going to fix things? Isn't it a little late for that.

I would like to hear something out of her mouth other than reform, reform, reform.

[cmmdee]

^^ Her brain would say "Does not compute."

[ymeman]

Originally Posted by louiswinthorpe111

How is a reform of Wall Street NOW going to fix things? Isn't it a little late for that.

I would like to hear something out of her mouth other than reform, reform, reform.

It's rather strange, isn't it? So, the wingers deregulated Wall Street and now are calling for reform so that would be "re-regulation"? Hmmm....