Do you think the Fed did the right thing in their dealing with the Bear Stearns collapse?...
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Nicolle Wallace:
Do you think the Fed did the right thing in their dealing with the Bear Stearns collapse?
Sarah Palin:
Our economy is hurting, and the federal government has not provided the sound oversight that we need and that we deserve. I think we need a little bit of reality from Wasilla Main Street there brought to Washington DC so that the people there can understand how the average working class family is viewing bureaucracy in the federal government.
Steve Schmidt:
Governor, do you know what the Fed is?
Sarah Palin:
In what respect, Charlie?
Steve Schmidt:
No, no, this is me, Steve, asking do you know what the Fed is?
[Palin doesn't answer]
Steve Schmidt:
Um... stands for the Federal Reserve System...
[Palin starts taking notes]
Steve Schmidt:
No, please, don't write, just listen. The Fed is responsible for all monetary policy in the United States.
Transcript
00:00:01.000 --> 00:00:02.668
Do you think the Fed did the right thing
00:00:02.752 --> 00:00:04.632
in their dealing with the Bear Stearns collapse
00:00:06.381 --> 00:00:09.675
Our economy is hurting and the federal government
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has not provided the sound oversight
00:00:11.803 --> 00:00:14.179
that we need and that we deserve
00:00:14.263 --> 00:00:17.557
I think we need a little bit of reality
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from Wasilla Main Street there
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brought to Washington DC so that the people there
00:00:23.231 --> 00:00:27.067
can understand how the average working class family
00:00:27.151 --> 00:00:29.987
is viewing bureaucracy in the federal government
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Governor
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do you know what the Fed is
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In what respect Charlie
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No no This is me Steve
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asking do you know what the Fed is
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Stands for the Federal Reserve System
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No please Don't write just listen
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The Fed is responsible for all monetary policy
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in the United States
Clip duration: 61 seconds
Views: 156
Timestamp in movie: 00h 49m 48s
Uploaded: 26 November, 2022
Genres: tv movie, drama, comedy
Summary: During the Republican run of the 2008 Presidential election, candidate John McCain picks a relative unknown, Alaskan governor Sarah Palin, to be his running mate. As the campaign kicks into high gear, her lack of experience, in both political and media savvy, becomes a drain upon McCain and his strategists.
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