Zubin Jelveh

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Even if you're a Democrat, this will make you feel bad for Sarah Palin:



Here is a transcript from the program where Katie Couric discusses interviewing Palin with co-host Maggie Rodriguez:
 

RODRIGUEZ: So what were your impressions of the governor?

COURIC: Well, I think she is very confident and very cool, calm and collected under very difficult circumstances. Obviously, she has become an overnight sensation, an instant celebrity, but she seems to be taking it all in stride. I think she is boning up on a number of issues that she is not as familiar with as governor, and she does--she's not always responsive when she's asked questions and sometimes does slip back to her talking points. So it was a really interesting experience for me 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: OK.

(Beginning of excerpt from "CBS Evening News")

COURIC: Why isn't it better, Governor Palin, to spend $700 billion helping middle-class families who are 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?

Governor SARAH PALIN (Republican, Vice Presidential Nominee): That's why I say I, like every American I'm speaking with, were ill about this position that we have been put in where it is the taxpayers looking to bail out. But ultimately, what the bailout does is help those who are concerned about the health care reform that is needed to help shore up our economy, helping the--it's got to be all 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 Americans. And trade, we've got to see trade as opportunity not as a competitive, scary thing. But one in five 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.

What is Palin really saying? Let's break it down:

First, Palin suggests the bailout is tied to health care reform which will "shore up the economy." What is the link between the bailout and health care reform? Through the mechanism of "those who are concerned." Hmmm...OK, let's stay open-minded.

Second, health care reform is also tied to job creation, and since health care reform is linked to the bailout, therefore job creation must ALSO be linked to bailout. Now we're getting somewhere.

Third, Palin says health care reform is also tied to reducing taxes and reining in spending, and since health care reform is tied to the bailout, tax reduction and spending control must ALSO be linked to the bailout. Wow, this is quite brilliant. We're solving a lot of problems with this $700 billion.

Fourth, job creation -- which is linked to health care reform which is linked to the bailout -- just happens to be an important part of the trade sector, so trade, which we have to see as an opportunity, is an important part of the bailout package too.

For the visually minded, here is a flow chart of the Palin Economy

palineconom.gif

But I think I've detected why Palin sounded confused. As the chart above shows, it's not the banking system that needs fixing, but the health care system. But either way, she also does seem to be saying that not only will the bailout help us with the overall economy, but we'll also improve health care, jobs, trade, the budget, AND the tax system. Now that's a plan we can all get behind.

This article has 48 comments:

  •  
    Sep 26 05:03 PM
    Funny... and illustratively informative.
    Reply | Link to Comment
  •  
    Sep 26 05:17 PM
    The author of this article is an imbecile. And this article is clearly Democrat inspired "astroturfing&quo...

    The entire interview which he refers to was loaded with absurdly compound questions which Governor Palin graciously attempted to answer.

    There's little dout that Zubin Jelveh is a MoveOn and DailyKos member regurgitating the Democrat talking points that are emailed to him daily.
    Reply | Link to Comment
  •  
    Sep 26 06:17 PM
    @sr9web

    I don't know, the video kind of speaks for itself. I don't think any commentary is required to acknowledge how incoherent and unaware her response was.
    Reply | Link to Comment
  •  
    Sep 26 06:22 PM
    I wans't aware that Katie Couric works for MoveOn.org and DailyKos too. That group must have quite a powerful reach, considering that even conservatove columnists are now either questioning her readiness to lead, or asking for her to step down:

    David Brooks, George Will, Kathleen Parker and David Frum
    politicalticker.blogs..../
    Reply | Link to Comment
  •  
    I feel worse for Joe Biden who made fun of peopel who have their facts wrong and did not know that FDR was NOT president in 1929 and TV was not yet popularized
    Reply | Link to Comment
  •  
    Sep 26 06:38 PM
    this was a fun posting, esp. the chart above.

    Palin was either unprepared for the question, or else is just another fuzzy thinker who parrots the standard republican knee jerk response of "lower taxes, more jobs, etc" that is originally derived from Reagan's voodoo economics ~ "deficits don't matter".

    It's hard to imagine any traditional "limited government" Republican attempting to facilitate a $700 billion bailout, layered on top of an existing (and chronic) $500 billion deficit. On the other hand, mountains of debt and deficits is the current zeitgeist.
    Reply | Link to Comment
  •  
    Sep 26 08:04 PM
    Why is Palin's idea even an article on SA? The last time I heard it was McCain VS Obama for the Presidency, not Palin. Why all of the comparison of Palin to Obama?? Every time you turn around. Apples to oranges.

    This is a non-partisan problem, as BOTH parties have Wall Street crooks in their pockets. Anyone else out there as sick as I am of always having things done via the two-party system? We need leadership in times like this, and if it means a combination of both 'parties' then so be it.

    Anyone else afraid of Obama's two top economic advisors being those same 'Wall Street crooks'??? It's like getting advice from a realtor on whether or not to buy a home.
    Reply | Link to Comment
  •  
    Sep 26 08:05 PM
    Big Government "conservatives&qu...
    Socialist "capitalists"...
    reverse-Robin Hood bailouts
    Borrow and Squander Republicans (vs. Tax and Spend Democrats)

    The hypocrisy and cognitive disconnect is staggering.
    Reply | Link to Comment
  •  
    Sep 26 08:11 PM
    Why is this even an article on Seeking alpha?

    Answer: 1)Shes magnificently unprepared for the job of vice president
    and 2) She is a heartbeat away from the presidency.

    I agree with HARM...cognitive dissonance, disconnect, and hypocrisy is staggering.
    Reply | Link to Comment
  •  
    Sep 26 11:56 PM
    For a complete disaster, it doesn't get any better than this!
    Reply | Link to Comment
  •  
    Sep 27 01:21 AM
    Wow! This response reminds me of another famous response from a beauty queen:

    "I personally believe that U.S. Americans are unable to do so because, uh, some, people out there in our nation don't have maps and, uh, I believe that our, uh, education like such as, uh, South Africa and, uh, the Iraq, everywhere like such as, and, I believe that they should, our education over here in the U.S. should help the U.S., uh, or, uh, should help South Africa and should help the Iraq and the Asian countries, so we will be able to build up our future, for our [children]."

    - Miss South Carolina Teen USA for 2007
    Reply | Link to Comment
  •  
    Sep 27 08:25 AM
    Hey Katie, congress created this mess with their poor lending policies and their litigation of banks if they didn't lend to everyone whether they could afford the loan or not. Enter Wall street with its fancy debt insurance instruments and voila! collapse of credit markets. We shore up the credit markets and we have a chance of NOT spending $700 billion (look back in history to 1989 with resolution trust and the S&L debacle, we made money on that). Give $700 billion to the taxpayers and I'll guarentee that it's gone.
    Reply | Link to Comment
  •  
    Sep 27 08:30 AM
    The democrats are possibly just an election away from the presidency and vice presidency and they aren't prepared either. I realized that more after the debate.
    Reply | Link to Comment
  •  
    Sep 27 08:35 AM
    Can it get any scarier?
    Reply | Link to Comment
  •  
    Sep 27 08:41 AM
    What she said is really the solution, now, what about tainted food from China with out helping the children who need a New Orleans Katrina fix, without harming education where the famine is causing a problem in the tree's of Oregon, and have any whales been saved lately? Me myself and I would have to agree, that the use of $700 Billion could be put to better use in the fight against HIV (is that still current?), in schools and health cares. for all the kids that don't have a PlayStation. I for one think we should bailout, fallout, and stick it out. I pledge to save my money in a MuMu not a WaMu.
    Reply | Link to Comment
  •  
    Sep 27 08:46 AM
    It's ming-boggling that she is even being considered to be a VP...she is so over her head.
    There are 2 huge missteps here for a campaign which claims
    "Country First":-
    1. McCain took a huge gamble in picking her as his running mate, which in itself is a big mistake (I guess he was desperate to get the women votes of Hillary)
    2. Palin - who said she didnt even blink when accepting - should have blinked many times and thought it over 1000 times whether this is the best for the country rather than for her career.
    Net net, if these two do actually manage to hoodwink the American people and win, I am moving to Canada, lock, stock and barrel.
    Oh and getting ready to sell the US dollar BIG TIME.
    Reply | Link to Comment
  •  
    Sep 27 08:57 AM
    Sorry, right-wing nut cases, the question was simple and gave her the opportunity to explain the 'bailout' or suggest other-better ways to spend the money. The video and transcript says it all. Her ramblinging and disconnected quasi-answer shows her minimal grasp of the economy. She is a political freak, one chosen to appeal to religious extremists. She is out of her league and losing the sale. I feal sorry for her. McCain should never have picked her and she should have stayed with the Moose, who do not ask even simple questions.
    Reply | Link to Comment
  •  
    Sep 27 09:19 AM
    Hey, we have a Democracy here and you know what that means. Morons get to vote and the least common denominator rules.
    Reply | Link to Comment
  •  
    Sep 27 09:25 AM
    This is Great!

    "res ipsa locquitur"--the thing speaks for itself.

    It's such a crackup to see these right wing morons blame her incoherent answer on the Left and Couric.
    Reply | Link to Comment
  •  
    Sep 27 09:29 AM
    To Russ, I think you nailed it! "..out of her league.." Is Las Vegas still running ODDS that she will be replaced? McCain was NOT my choice
    to begin with, but now it scares hell out of me it they would get elected
    and something would happen to McCain! What Country shall I move to?
    Reply | Link to Comment
  •  
    Sep 27 09:38 AM
    I just watched another snippet of the Palin interview with Katie Couric. Oh my she fumbled when queried about the bailout. All I could get was something about bolstering healthcare, and jobs creation and something about a poodle. Maybe not a poodle but it was still incoherent. Like a shotgun spraying catch words, populous phrases and campaign talking points all bunched together yet not related. Oh is this ever embarrassing.

    It was kind'a like watching your sister get a great new job as a newscaster on a local television program. Family and friend alike gather round for her premier- the 5pm Live at Five News Hour! All eyes peered to the crystal clear plasma image...3, 2, 1 ...shhh , shhh everyone commands their couch mate.

    "There she is! There she is!" exclaims Pop. I muse to myself "that's my sister dressed with so much class, such poise, the makeup and lipstick are just right!".

    And then...why does there always have to be a "and then"?; But there is.

    And then...she opens her mouth, she drops all of her notes , ask a ridiculous unrelated question, and worse -says something absurd... "as everyone knows Mayor Bob's wife is an alcoholic" she confidently reports to the viewer-ship of 120,000 "

    -no, only you knew that sis I silently mouth.

    Shall we exhale? Everyone in the room loves her... you can tell by that involuntary nervous smile and cringe that distorts our faces.

    Oh dam that feeling of embarrassment; you know the one... not the internal embarrassment you felt in high-school when Kyle the jock... I digress... but that embarrassment that compels one to reach for the mute button before it gets worse kind'a feeling. Alas Mom, the sage of the home, saves the day... "well why don't we get some pie" and hurriedly she clangs the china" adroitly averts, diverts and directs all attention to her delicious desert.

    "Oh boy.. is this ever awkward", my musing continues But that's my sister... "

    Mom interrupts my daze an offers a piece of warm pie to sooth my churning stomach. I cant eat... I know sis won't be keeping her job much longer that 6pm.

    ...Not now for the pie my gut protest . I look over to mom and say "I'll get back to you on that.."

    Can you tell I am a lever pulling Republican?


    Reply | Link to Comment
  •  
    Miss South Carolina Teen USA is not next in line to run the country, after an elderly gent with known health problems who is not willing to make his medical history public. If his long experience in Washington is what's needed in a president, why didn't he pick a Tom Ridge or a Joe Lieberman for his vice presidential candidate?
    Reply | Link to Comment
  •  
    Sep 27 10:19 AM
    User 26737 you know how I feel about your comments, I am embarrassed by Palin, But Obama's choice in Biden is equally as problematic...Uh television in 1929, uh he (Roosevelt) spoke to america on TV;HUH? are you kidding. At least be equally critical
    Reply | Link to Comment
  •  
    Sep 27 10:39 AM
    Dumbo's and Repugnants - stop playing into the hands of the great Delphi(Rand Corp. 1965)Technique, people diversion from the real facts, divider! Really, how easy it is to nitpick dimwit VP and purely ignorant VPs and who has the greater candidate, yada yada. sound like couch potatoes and spoiled brats.
    Grab your congressman (by the throat if at all possible) and demand they read and LEARN the constitution, take your socialist programs that have sneaked into (maybe not since the great Johns Hopkins sponsored it)education and get educated on why you are being stolen into identity poverty, you are a social security number to a national debt collateral, your money is WORTHLESS (well, maybe not at the dollar general, but on the world scale it soon will be like the WWII german mark),you are voting and ignoring a pretty decent guy - Ron Paul, not perfect by any means, but superior to very very questionable choices you are so hot to defend, inclding a very embarrassing girl with as close to zero credentials as you can get in national politics.
    Reply | Link to Comment
  •  
    Sep 27 10:53 AM
    The country and half the citizens are in shit to their neck and we have these four clowns running for the top spots in government .
    What a year it will be!!!!!!
    Reply | Link to Comment
  •  
    Sep 27 10:56 AM
    There are many, many places where this type of annoying political spamblog is appropriate; however, Seeking Alpha is not one of them. How about keeping the focus on investing and earning returns, and using other forums for political smears?
    Reply | Link to Comment
  •  
    Sep 27 11:26 AM
    > I am moving to Canada, lock, stock and barrel.
    > Oh and getting ready to sell the US dollar BIG TIME.

    it seems to me that not only the politicians are fond of lying about what they will AFTER the election, but average american shmoe enjoys doing it too - without thinking twice whether it is even remotely credible!

    Reply | Link to Comment
  •  
    Sep 27 11:35 AM
    Thank you rmgreenwald. I found the Palin clip to be amusing and discomforting. I also find the multiple partisan political comments posted here to be amusing and discomforting. The bailout is occurring because these very same politicians from both political parties have been grabbing all that they can for themselves (political contributions to keep them in office) from all of these Wall Street players year after year then rewarding the contributors with favorable legislation. That so many of our commenters actually think that if their candidate gets elected it will make a difference is most discomforting. If I want to tune in to a bunch of political ranting and sniping the choices are endless. This is primarily a financially oriented website and how we manage our investments and finances actually does make a real difference in our lives. Perhaps you can all spew your political venom elsewhere.
    Reply | Link to Comment
  •  
    Sep 27 11:45 AM
    First, this young lady is way out of her league!! I am embarrassed for her!

    Second, Barack Obama is NOT MUSLIM, NOR WAS HE EVER! A new book out by WHITE Evangelical Minister OF 21 YEARS and has even preached in Jerry Falwell's church, Stephen Mansfield. Mansfield completely investigates Obama from his birth to the present. He stated the truth about his findings and actually, was very complimentary about Obama. The book is the Faith of Barack Obama! He feels that Obama is such a religious person that Obama brings his Evangelical faith forward in every aspect of his life. In fact, Mansfield mentions that if Obama was to become President, that he planned on increasing activities the Office of Faith-Based Initiatives that was started by George Bush.

    The name is African FROM KENYA, not from a Muslim Country! Remember folks...he is half white and half black!!! Obama is a full-blown BAPTIZED EVANGELICAL CHRISTIAN!!! His father and mother married in Hawaii when both were college students there. They divorced when Obama was two years old. He only saw his real father one other time for a visit before his father died at a young age. His step-father (his mother's second marriage for only a couple of years) took them to Indonesia where Obama attended a Catholic School and then a Government School, he left there when he was only 11 years old and his mother divorced the step-father. They then returned to Hawaii and lived the rest of his school years with his WHITE mother in Hawaii. He also was very close to his mother's parents (his grandparents) both WHITE, who had a great deal of influence on him especially after his mother died of Breast Cancer at a very young age! His Grandfather having been a World War II Veteran and his Grandmother having worked in the factories during the war building things for the war effort!

    Barack Obama is 51 years old! He is not a young man and worked his way through Harvard Law School after college. Not only was he involved with helping a community who had lost many steel industry jobs, much like the car industry losing jobs over the last eight years, but he was a State Senator (each state has senators that work in each state's capitol) for two years and knows about legislation issues.
    He has been a Senator at the Federal Level for over two years, as well! Offering many bills to help the American Taxpayer.

    The horrible lies and manipulations about Obama make me wonder if people remember where they all come from. How America started and unless you are a Native American Indian, your families came from some other country!!! England, Ireland, Italy, Russia, Germany and many of the middle-eastern countries, then Chinese have been here for centuries, as well as the Japanese. Now South Americans from all countries and others are here in masses! You all know how the Africans-Americans got here...sadly enough!

    America was always known as a MELTING POT...A COMBINATION OF PEOPLE FROM ALL OVER THE WORLD! So when you hear all of the negatives and false information, you'd better look up where McCain was born...in the Panama Canal Zone! Read about how McCain treated his first wife and left her for Cindy, his second wife. How he basically abandoned his kids...he pays only $553.00 a month for his last child at home (as of his 2007 income tax form) and makes over $340,000 a year. They don't even count the Multi-million Dollar accounts of Cindy McCain (John files separately so that he only has to show his to the public). How he called his wife Cindy a C___t when she said something to him about his hair getting thin in front of three reporters in 1992! His entanglement with the Keating Five where he was involved in a scheme as a Senator...this you have to read about. His physically pushing Republican Senators around and yelling at them when he didn't like what they were doing...and pushing 95 year old Thurgood Marshall to the Senate Floor when he disagreed with him! In school, McCain was known as McNasty because he bullied and beat up kids! Yes he was a Prisoner of War, but there have been many before and after him. Not all of them worthy of running this country. I say this as because I have a family with a long-running military back-ground. Grandfather in WWI, Father in WWII, Uncle in Korean War, Brother in Vietnam War and Cambodia, and my son in a R.O.T.C. program.

    Obama is for the people, for us, the taxpayers! No Corporation would ever dominate, use or abuse, and rob us again! We would not go to war for no reason other than to secure oil (still some believe the myths). This recession happened after Nixon, after Reagan, now after Bush!!! Does that set a certain pattern for you?

    Don't forget that this administration has already siphoned out over $1.5 TRILLION DOLLARS from the Social Security Trust Fund, the Military Retirement Trust Fund, the Federal Employee Retirement Trust Fund, the Railroad Retirement Trust Fund, the American Indian Trust Funds and more TO FUND THE WAR...some of it used to back U.S. Treasury Bonds, used as collateral for the LOANS FROM 12 FOREIGN COUNTRIES THAT WE OWE BILLIONS TO ALREADY!
    OVER $600 BILLION OWED TO COMMUNIST CHINA ALONE and that is where they will be borrowing the money for this $700 BILLION DOLLAR BAIL-OUT also backing it with our Retirement Trust Fund Money!

    By the way, All of the money stolen from our Retirement Trust Funds has no plan to pay it back (with all of the Baby-Boomers getting ready to retire soon) and no way to pay it back! However, all of the money borrowed from the 12 foreign countries have a plan to pay it back and with high interest!!!

    The Republican Guard and their 10 year hold on our economy has made big bucks for them!!! But not for the middle-class! How many jobs have they sent over-seas in order to pay less for labor??? MILLIONS OF JOBS OUTSOURCED!!! Henry Ford always said that he wanted to pay his workers a good salary so that they would be able to buy his cars and if they spent their money in their communities, then others would be able to buy his cars!!! But his own grandson, ruined it for Americans and don't cry for Ford or GM, since China now has so much money from U.S. Corporations and so many U.S. jobs, Ford and GM are the First and Third in car sales in China making big money!!!

    We have been screwed over by our own wealthy who pay little or NO INCOME TAX!!! 52% of all Foreign and American Corporations functioning in the U.S. pay NO INCOME TAX!!! Obama wants them to pay their fair share!!! They use the bridges, the parks, the roadways, and such...why shouldn't they pay something!!! Many American Corporations send their money to the Cayman Islands to off-shore accounts in order not to pay money including Halliburton and its subsidiaries with Cheney making over 4000% increase in stock options in Halliburton since he took office in 2000!

    If people only payed attention to some of the things some of the time...if they stopped text messaging once in a while and googled information about what is going on and getting the answers!!! If the No Child Left Behind didn't cause a limiting of knowledge to our children instead of opening their minds to everything then we wouldn't have so many who don't know how to think for themselves!!!

    It is all part of George H.W. Bush's "NEW WORLD ORDER", IF YOU READ HIS ACCEPTANCE SPEECH AT HIS INAUGURAL AS PRESIDENT!!!

    We have been "BUSH-WACKED"... FELLOW AMERICANS...and HORN-SWAGGLED BY THE REPUBLICAN NEOCONS!!! WAKE-UP BEFORE IT IS TOO LATE!!! OBAMA IS A VERY GOOD MAN AND WILL BRING OUR COUNTRY BACK TO WHAT IT ONCE WAS!!! WE ARE HATED, HATED BY ALMOST EVERY COUNTRY IN THE WORLD...THERE IS A REASON FOR THAT AND IT HAS EFFECTED OUR ECONOMY!!! WE ARE NO LONGER ABLE TO PLAY GAMES WITH OUR ECONOMY, WITH OUR FOREIGN POLICIES...GET REAL!!! VOTE FOR SOMEONE INTELLIGENT AND CARING ABOUT ALL OF US...DON'T BELIEVE THE B.S.!!!
    TOO OLD AND TOO PRETTY DOESN'T CUT IT IN TODAY'S MESS!!! BAD TEMPERS (THEY SAY MCCAIN IS MORE PRO-WAR THAN BUSH) AND A PRETTY FACE IS NOT WHAT MAKES US STRONG AND GREAT AGAIN...IT IS WHAT MAKES US THE LAUGHING STOCK OF THE WORLD!!!


    OBAMA IS VERY INTELLIGENT AND FOR US, THE TAXPAYERS, AND OUR DOMESTIC ISSUES, JOE BIDEN IS VERY INTELLIGENT, HIGHLY EXPERIENCED IN FOREIGN AFFAIRS!!! THAT IS WHAT WILL BRING US BACK TO BE ON TOP!!! BUILD OUR MILITARY, BUILD OUR TREASURY BACK, AND BUILD OUR REPUTATION AS A STRONG, BUT CARING COUNTRY!!!


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  •  
    Sep 27 11:48 AM
    Palin is correct. It is all about health care. If we had universal health care the auto companies would be saving 9.5B yearly in cost. There would be no need for the 25B bailout in the budget now for the auto companies. Maybe Palin should talk to John McCain and the repulican party for she sees clearly now. Is it possible she is listening to Hillary>
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  •  
    Sep 27 12: