An Interview With Sarah PalinSome straight talk... without the filter of the elite media.

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CBS Anchor Katie Couric gets some straight talk from the Alaska Governor.
Couric: Sen. John McCain's campaign manager Rick Davis received payments from the controversial mortgage giant Freddie Mac until last month

Palin: Of course the poster child for the earmarks was Alaska's - what the people in the lower 48 refer to as the bridge to nowhere it's not inappropriate for a mayor or a governor to request and to work with their congress to plug into the federal budget, along with every other state, a share of the federal budget but.

Couric: But he still has a stake in the company so isn't that a conflict of interest?

Palin: Specifically we will make every effort possible and as Sen. McCain has said it's going to be a multi-faceted solution.

Couric: Do you support the $700 billion government bailout of bad debt?

Palin: At the same time we know that inaction is not an option really I don't believe that Americans are going to support this and we will not support this I'm ill about the position that America is in.

Couric: Why do you say that? Why are they waiting for John McCain and not Barack Obama?

Palin: That, that's paramount the evil that he speaks is he going to do this and see what way the political wind's blowing.

Couric: But polls have shown that Sen. Obama has actually gotten a boost as a result of this latest crisis, with more people feeling that he can handle the situation better than John McCain.

Palin: My understanding is that he recused himself from the dealings with Freddie and Fannie, any lobbying efforts on his part there as John McCain has been saying, and as I've on a much more local level been also rallying against is my understanding is that he recused himself from the dealings with Freddie and Fannie, any lobbying efforts on his part there.

Couric: If this doesn't pass, do you think there's a risk of another Great Depression?

Palin: Uh that's, you know, that has to be considered also unfortunately, that is the road that America may find itself on it's funny that a comment like that was kinda made to … I don't know, you know … reporters.

Couric: Would you support a moratorium on foreclosures to help average Americans keep their homes?

Palin: My understanding is that he recused himself from the dealings with Freddie and Fannie, any lobbying efforts on his part there I see the United States as being a force for good I'm not one of those who maybe came from a background of, you know, kids who perhaps graduate college.

Couric: So you haven't decided whether you'll support it or not?

Palin: Really I don't believe that Americans are going to support this and we will not support this these central fronts in the war on terror as putin rears his head.

Couric: What are the pros and cons of it do you think?

Palin: I certainly am we're thousands and thousands of miles away from D.C. I do not have those allegiances to the power brokers, to the lobbyists.

Couric: By consumers, you're saying?

Palin: I see the United States as being a force for good my understanding is that he recused himself from the dealings with Freddie and Fannie, any lobbying efforts on his part there I'm not one of those who maybe came from a background of, you know, kids who perhaps graduate college.

Couric: You've said, quote, John McCain will reform the way Wall Street does business... Other than supporting stricter regulations of Fannie Mae and Freddie Mac two years ago, can you give us any more example of his leading the charge for more oversight?

Palin: We're - we're promising the reform we killed that earmark, we killed that project abuse of the earmark process has been accepted in congress, and that's what John Mcain has fought, and that's what I join him in fighting.

Couric: But he's been in Congress for 26 years. He's been chairman of the powerful Commerce Committee. And he has almost always sided with less regulation, not more.

Palin: I see the United States as being a force for good my understanding is that he recused himself from the dealings with Freddie and Fannie, any lobbying efforts on his part there I'm not one of those who maybe came from a background of, you know, kids who perhaps graduate college.

Couric: But can you give me any other concrete examples? Because I know you've said Barack Obama is a lot of talk and no action. Can you give me any other examples in his 26 years of John McCain truly taking a stand on this?

Palin: My understanding is that he recused himself from the dealings with Freddie and Fannie, any lobbying efforts on his part there as John McCain has been saying, and as I've on a much more local level been also rallying against is my understanding is that he recused himself from the dealings with Freddie and Fannie, any lobbying efforts on his part there.

Couric: I'm just going to ask you one more time - not to belabor the point. Specific examples in his 26 years of pushing for more regulation.

Palin: I certainly am and we are mavericks I do not have those allegiances to the power brokers, to the lobbyists.