A History in Quotes of Sarah Palin’s TARP Hypocrisy
In an interview on Fox News last night, Sarah Palin’s TARP hypocrisy showed up again, as she denigrated President Obama for his support of TARP, never mentioning that she had also supported TARP:
“Scaring the American people is exactly what President Obama is doing. In that bizarre speech that he gave last night, it reminded me of when he insisted that TARP had to be passed -- it was life-or-death, at that time, also.”
Palin on TARP in 2010, during a speech at the Tea Party Convention:
“Today, in the words of Congressman Paul Ryan, the $700 billion TARP has morphed into crony capitalism at its worst, and it's becoming a slush fund for the Treasury Department's favorite big players, just as we had been warned about. And while people on Main Street look for jobs, people on Wall Street, they're collecting billions and billions in your bailout bonuses. Among the top 17 companies that received your bailout money, 92 percent of the senior officers and directors, they still have their good jobs, and every day Americans are wondering, where are the consequences for they -- helping to get us into this worst economic situation since the Great Depression? Where are the consequences?”
Watch the video:
In 2009, Palin berated House Republicans who voted against TARP in her book, Going Rogue:
“The House of Representatives rejected a Bush-backed economic bailout plan in a vote in which two-thirds of Republicans voted no. The impression this made on the electorate was not helpful to our cause. Millions of Americans were poised to go bankrupt or lose their savings, and the perception was that Republicans had failed to respond.”
Palin on TARP in 2008 during an interview with Katie Couric:
“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 bailout. But ultimately, what the bailout does is help those who are concerned about the health care reform that is needed to help shore up the economy—helping the—Oh, it’s got to be about job creation too. Shoring up our economy and putting it back on the right track… And trade we’ve got to see trade as opportunity, not as a competitive scary thing. But 1 in 5 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.”
Watch the Video:
Palin on TARP in 2008, during an interview with CNN:
“Now, as for the economic bailout provisions and the measures that have already been taken, it is a time of crisis and government did have to step in playing an appropriate role to shore up the housing market to make sure that we're thawing out some of the potentially frozen credit lines and credit markets, government did have to step in there.”




















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