"Now the foundational principles in all of this, it's easy to understand. It really is -- even I though I think D.C. would just love for us to believe that this is all way over our heads. Somebody in Tennessee, somebody up there in Alaska, she'll never understand what we're talking about here in D.C. No, this is all pretty simple stuff. When our families, when our small businesses, we start running our finances into the red, what do we do? We tighten our belts and we cut back budgets. Isn't that what we teach our children -- to live within our means? It's what Todd and I do when we have to make payroll, buy new equipment for our commercial fishing business. We have to plan for the future, meet a budget."

Sarah Palin comments on how Americans can understand what is going on in Washington.