Wolf Blitzer: As the law stands now, expanded domestic drilling would have no impact on U.S. gas prices precisely because “oil is a global commodity whose price is set by global supply and demand.” How will you help keep any new domestic oil produced in the United States?
Sarah Palin:Oil and coal? Of course, it’s a fungible commodity and they don’t flag, you know, the molecules, where it’s going and where it’s not. But in the sense of the Congress today, they know that there are very, very hungry domestic markets that need that oil first. So, I believe that what Congress is going to do, also, is not to allow the export bans to such a degree that it’s Americans that get stuck to holding the bag without the energy source that is produced here, pumped here. It’s got to flow into our domestic markets first.
Sarah Palin Economics and Health Care Expert
Katie Couric: Why isn’t it better, Governor Palin, to spend $700 billion helping middle-class families struggling with health care, housing, gas and groceries? … Instead of helping these big financial institutions that played a role in creating this mess?
Sarah Palin: 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– Oh, it’s got to be about job creation too. So health care reform and reducing taxes and reining in spending has got to accompany tax reductions.
Sarah Palin National Security and Foreign Affairs Expert
Katie Couric: You've cited Alaska's proximity to Russia as part of your foreign policy experience. What did you mean by that?
Sarah Palin: That Alaska has a very narrow maritime border between a foreign country, Russia, and, on our other side, the land-boundry that we have with Canada. It's funny that a comment like that was kinda made to … I don't know, you know … reporters.
Katie Couric: Mocked?
Sarah Palin: Mocked, yeah I guess that's the word, mocked.
Katie Couric: Well, explain to me why that enhances your foreign-policy credentials.
Sarah Palin: Well, it certainly does, because our, our next-door neighbors are foreign countries, there in the state that I am the executive of. And there…
Katie Couric: Have you ever been involved in any negotiations, for example, with the Russians?
Sarah Palin: We have trade missions back and forth, we do. It's very important when you consider even national-security issues with Russia. As Putin rears his head and comes into the air space of the United States of America, where do they go? It's Alaska. It's just right over the border. It is from Alaska that we send those out to make sure that an eye is being kept on this very powerful nation, Russia, because they are right next to, they are right next to our state.
Glad to see that the GOP was able to succeed in finding someone more unqualified and incoherent than George W. Bush. That's straight talk that I can believe in. Ya know?