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http://www.c-spanarchives.org/library/vidLink.php?b=1222996152&e=1222996517&n=002

GOV. PALIN: Darn right it was the predator lenders, who tried to
talk Americans into thinking that it was smart to buy a $300,000 house
if we could only afford a $100,000 house. There was deception there.
And there was greed, and there is corruption on Wall Street. And we
need to stop that. Again, John McCain and I, that commitment that we
have made, and we're going to follow through on that, getting rid of
that corruption.
One thing that Americans do at this time also, though, is let's
commit ourselves -- just everyday American people -- Joe six-pack,
hockey moms across the nation -- I think we need to band together and
say, never again.


(View cut data)Never will we be exploited and taken advantage of again by those who
are managing our money and loaning us these dollars. We need to make
sure that we demand from the federal government strict oversight of
those entities in charge of our investments and our savings.
And we need also to not get ourselves in debt. Let's do what our
parents told us before we probably even got that first credit card.
Don't live outside of our means. We need to make sure that as
individuals we're taking personal responsibility through all this.
It's not the American people's fault that the economy is hurting like
it is, but we have an opportunity to learn a heck of a lot of good
lessons through this and say never again will we be taken advantage
of.


MS. IFILL: Senator.


SEN. BIDEN: Well, Gwen, two years ago, Barack Obama warned about
the subprime mortgage crisis. John McCain said shortly after that in
December he was surprised there was sub

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