“It’s the Spending, Stupid!” Governor Palin said near the conclusion of her single-segment interview with Greta Van Susteren tonight from her home studio in Wasilla, Alaska. Gov. Palin dismissed the August 2 deadline to raise the debt ceiling as “more Obama drama,” and noted that even US Treasurer Timothy Geithner said the United States will not default. “It will not be Armageddon, it’s not life or death,” Gov. Palin said.
“Scaring the American people is exactly what President Obama was doing in that bizarre speech last night…[he] is getting real good at fear-mongering,” Gov. Palin said. Obama’s policies are putting the country “on the path to bankruptcy” and the American public is tired of the games.”
“Congress needs to be reasonable and rational….Bankruptcy is on the way if we don’t control our over-spend.”
Gov. Palin said Congress should not retreat and there is no need to reinvent the wheel. “Cut, cap and balance passed the House. It was the right plan,” she said adding that the plan’s core elements are what common-sense conservatives want. The plan did not pass the Senate and Obama threatened to veto it.
Van Susteren noted that several Democrats including Richard Durbin and Harry Reid once supported a balanced budget amendment to the Constitution. Gov. Palin said that it was typical hypocrisy, saying one thing as a candidate, then doing the opposite once elected.
“They used to say ‘it’s the economy, stupid!’ Now, ‘it’s the spending, stupid!’” Gov. Palin said. She concluded that Obama’s economic policies are immoral and unethical by handing the bill for today’s spending to our children and grandchildren. “It does not make sense. Obama does not know what he is doing,” Gov. Palin said as the interview came to its close.
UPDATE: Second interview added from her interview on Follow the Money where she points out that Obama is incapable of communicating the right message regarding our impending bankruptcy because he doesn’t understand the principles on which our country was founded:From;The Right Scoop