Sarah Palin Compares Debt Ceiling to TARP & Says Obama Using Life & Death Tactic as with TARP

Former Alaska Gov. Sarah Palin forgets her support of Wall Street bail-out and tries to rewrite history again, saying President Obama insisted TARP had to be passed, but wasn't George W. Bush the president when the bail-out process started?

Every time Alaska's former Gov. Sarah Palin opens her mouth she reconfirms my position that she is a complete idiot. Last night, during an appearance on Fox News, she criticized President Obama for his "life and death tactic" with the debt ceiling talks, as he did with TARP. Um, two problems -- George W. Bush was the president when the TARP debate started and the first disbursement was made and second, Sarah Palin supported TARP. In other words, Sarah Palin is a hypocrite. Her exact words were:

“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.” (video below)

Let's revisit Sarah Palin's comments from 2008 to the present:

During the 2008 financial crisis, Palin held an infamous interview with CBS News‘ Katie Couric, during which she endorsed the bailout. Of course, she couldn't quite explain how she got to her position, strangely tying the bank bailout to health care reform, but you can see she favored the bail-out, just like John McCain did:

COURIC: Why isn’t it better, Governor Palin, to spend $700 billion helping middle-class families struggling with health care, housing, gas and groceries? Allow them to spend more and put more money into the economy? Instead of helping these big financial institutions that played a role in creating this mess?

PALIN: 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.

During an October 21 CNN interview, Sarah Palin also indicated her full support for the bailout:

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.

In her book, Going Rogue, released in 2009, Sarah Palin noted that the bailout had been absolutely necessary, and she even chastised the House Republicans who had voted against it:

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.

This woman picks on the media saying they operate under a "gotcha mentality," but she's the one who forgets history, tries to rewrite history and forgets her own words. So, what are we supposed to do? Roll over and ignore these half-truths, untruths or downright stupidity? I try to swear off writing about this nitwit, but I can't help it. She always puts her foot in her mouth at the expense of coming across as knowledgeable.