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Palin claims election a 'catastrophic setback to our economy'

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Posted: Wednesday, November 7, 2012 10:07 am | Updated: 2:00 pm, Wed Jan 16, 2013.

Fox News contributor Sarah Palin, speaking from Wasilla on the cable network Tuesday night, was stunned by the presidential election results.

Interviewed not long before all the networks called the race, the former Alaska governor said that if the early results showing a win for the president continued, it would be a "catastrophic setback to our economy and to any opportunity that we would have for Supreme Court justices to be appointed who would be strict adherents to the traditional interpretation of what our Constitution says."

Palin said the Constitution is our blueprint "towards a more perfect union."

Another Fox contributor with Alaska ties and an entirely different point of view is Kirsten Powers, who grew up in Fairbanks. She commented on the importance of the Latino vote, which went largely to the president and how the Republican party alienates Latinos.

She added, "there are a lot of liberal moderates in this country, and that I think that Republicans often overplay this idea of Obama, you know, the socialist, the Marxist, the whatever, you know, especially women, as Juan (Williams) was talking about, who tend to see the government as a good, as something that they can rely on. It helps them. And so when they -- that -- that's why they tend to vote Democratic."

Here is the full text of Palin's exchange with Greta Van Susteren.

GRETA VAN SUSTEREN: And standing by in Wasilla, Alaska -- thank you, Megyn -- is Governor Sarah Palin. Governor, as you watch these races as they come in, your thoughts?

SARAH PALIN (R-AK), FMR. GOV., FOX CONTRIBUTOR: Oh! Well, I'm disappointed in some of them, of course. Still, cross my fingers, waiting to hear about Ohio because we know that that's paramount, the road to the White House for Romney.

And yet the realization at this point is that those Bain Capital ads that voters just got inundated with early on in Ohio and some of these other areas as it pertained to the auto bailout I think really hurt Romney.

VAN SUSTEREN: Well, it's curious. I mean, we don't know what's going to happen to the race. The night is still on (ph). It's very close in Florida, very close in Virginia, very close in Ohio. Anything can happen.

But in the event that we wake up tomorrow and that President Obama has been reelected -- nothing has changed in the Senate, nothing has changed in the House in terms of balance of power. So that means that we are 18 months later, the House, the Senate, and the White House stays the same, $2 billion spent in campaigning.

Do we expect anything to be different in terms of sequestration, debt, tax cuts by the end of the year? Is there any difference?

PALIN: Well, unfortunately, we know what we will get with four more years of Obama. This really is a catastrophic setback to our economy and to any opportunity that we would have for Supreme Court justices to be appointed who would be strict adherents to the traditional interpretation of what our Constitution says.

What we'll get in four years is more debt because Barack Obama has been one to believe that government spending is the answer to the challenges facing America and our job creators. And I am crossing my fingers, Greta. I'm hoping that things can turn around through these remaining hours of the evening.

VAN SUSTEREN: But no matter what happens, Governor, even if those states, Florida, Ohio and Virginia and all the states go Governor Romney's way and he is the winner tonight, there is no clear mandate from the American people. The country remains divided. And even if Governor Romney should win, he still has a divided House and a divided Senate.

And the whole problem is, you know, how do we get this country to move forward? How do you get someone to suddenly, you know, be able to lead and put these parties together so that people actually do sit down and solve these problems?

PALIN: You do that by following the blueprint that was crafted for us by our founders, which is the path towards a more perfect union. That blueprint is the Constitution. The Constitution says that we'll have a budget, and we've gone four years under Barack Obama with no budget, meaning no plan, no priorities with tax dollars to be spent. So you just follow the Constitution and that's the blueprint.

And either one on either side should be able to follow that and be able to unify this nation and bring it forward. But the past is prologue. We saw that Barack Obama wasn't willing to do that, and we don't expect that he'd be able to do it in the next four years. He doesn't seem to have the desire.

VAN SUSTEREN: What's it like to be a candidate, and especially -- I mean, both these candidates, both President Obama and Governor Romney tonight -- they don't know who's going to win, you know, and everyone's on pins and needles, and we may be spending weeks counting ballots in this country in those three states. Who knows?

But what's it like as you sit there and wait and you think, I could win, I could lose?

PALIN: Well, you know that at this point, it's not in your hands anymore. And you've asked the voters for that sacred trust, which is their vote. And you know that if you've done all that you can at that point, then there is nothing else to do. You leave it all out there on the ice and you just do your very best. And then, you know, things unfold as they should.

VAN SUSTEREN: But there's -- do you agree there's no mandate tonight, at least not so far, and that's one of the problems that the two parties have? It's, like, you know, if there were a commanding lead by one of them, at least there'd be some idea that, you know, this is the direction the American people want to go.

PALIN: Perhaps, but a win is a win. You know, you get that W in the column, and that is the direction that the country has chosen.

I just cannot believe, though, that the majority of Americans would believe that incurring more debt is good for our economy, for our children's future, for job creators. I cannot believe that the majority of Americans would believe that it's OK not to follow the Constitution and not have a budget.

And I can't believe that the majority of Americans would say it's OK to rely on foreign sources of energy instead of drilling and mining our own natural resources. So you know, it's a perplexing time for many of us right now, if things continue in this trend that we have seen earlier tonight.

 

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