07/05/2009 05:12 am ET | Updated May 25, 2011

Palin: Obama Wants To "Control The People" With Bailout Money

Alaska Governor Sarah Palin said in a speech Wednesday that the Obama White House is trying to "control the people."

Palin was introducing Michael Reagan -- the son of former President Ronald Reagan -- to an audience in Anchorage. She and took the opportunity to educate her audience on the ways in which the president's policies "fly in the face of principles" and "defy Economics 101."

CNN reported on the speech:

"Since when can you get out of huge national debt by creating trillions of dollars of new debt?" Palin asked. "It all really is so backwards and skewed as to sound like absolute nonsense when some of this economic policy is explained."

"We need to be aware of the creation of a fearful population, and fearful lawmakers, being led to believe that big government is the answer, to bail out the private sector, because then government gets to get in there and control it," she said. "And mark my words, this is going to be next, I fear, bail out next debt-ridden states. Then government gets to get in there and control the people."

Palin's animosity towards the Obama administration's economic policy isn't too surprising. The governor is still attempting to avoid accepting federal stimulus money.

Today, South Carolina's Supreme Court ordered Gov. Mark Sanford to accept stimulus funds after months of argument.

Democrats Members of the Alaska House today sent a letter to Gov. Sarah Palin today informing her that they will ">vote to override her veto of $28.6 million in stimulus.

A state representative elaborated. "I want to work with the governor as much as possible," said Rep. Harry Crawford (D-Anchorage). "But my responsibility is to Alaskans first, and to always doing what is in the state's best interest. Rejecting this money is flat wrong, in my opinion."

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