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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
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
Full Transcript
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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
00:00:09.759 --> 00:00:11.718
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
00:00:17.642 --> 00:00:19.142
from Wasilla Main Street there
00:00:19.227 --> 00:00:23.146
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
00:00:30.002 --> 00:00:32.155
Governor
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do you know what the Fed is
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In what respect Charlie
00:00:37.578 --> 00:00:39.913
No no This is me Steve
00:00:39.998 --> 00:00:42.001
asking do you know what the Fed is
00:00:49.059 --> 00:00:52.999
Stands for the Federal Reserve System
00:00:52.176 --> 00:00:54.761
No please Don't write just listen
00:00:54.846 --> 00:00:58.014
The Fed is responsible for all monetary policy
00:00:58.224 --> 00:00:59.641
in the United States
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Movie 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.


