Sarah Palin on Corporations
Republican Governor (AK); ; nominee for Vice President
"Bristol, answer me this," I said to my daughter. "You want to buy a coffee show someday, right? You know you'll be rewarded for your hard work to meet a demand for a quality product and good service. And you know you'll have to be brave enough to fail, right? This business would be YOUR responsibility. You can't look to anyone to bail out if you make poor decisions" I told Bristol, "Don't do it until this administration understands government's role in orivate business. Or wait until they're out of office."
It’s simply untrue that “millions” of small business owners will pay higher federal income taxes under Obama’s proposal. Several hundred thousand small business owners, at most, would have incomes high enough to be affected by the higher rates on income, capital gains and dividends that Obama proposes. That counts as “small business owners” even those who merely have some sideline income from such endeavors as freelance writing, speaking or running rental properties, and who get the bulk of their income from employment elsewhere.
A: I think the corruption on Wall Street--that is to blame. And that violation of the public trust. And that contract that should be inherent in corporations who are spending, investing other people’s money--the abuse of that is what has got to stop. And it’s a matter, too, of some of these CEOs and top management people and shareholders not holding that management accountable, being addicted to, we call it, O-P-M, “other people’s money.” Spending that, investing that, not using the prudence that we expect of them. But here again, government has got to play an appropriate role in the stringent oversight, making sure that those abuses stop.
As manager of our vast public resources, the Governor must act as an effective CEO on behalf of all Alaskans in negotiating the best deals for the state, and I am prepared to tackle that challenge.
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GOP: Sen.John McCain
GOP V.P.: Gov.Sarah Palin
Democrat: Sen.Barack Obama
Dem.V.P.: Sen.Joe Biden
Constitution: Chuck Baldwin
Libertarian: Rep.Bob Barr
Constitution: Amb.Alan Keyes
Liberation: Gloria La Riva
Green: Rep.Cynthia McKinney
Socialist: Brian Moore
Independent: Ralph Nader