Professor of economics Sarah Palin has the quote of the day:

“Hells no. I would not vote to increase that debt ceiling.”

The half-governor explained further:

“It turns my stomach to hear this assumption articulated that we have to, despite the fact that we are raking in the federal government $6 billion a day. Take that money and service our debt first and pay down some of that debt.”

And further:

When asked about Michele Bachman, Palin said she respects her because she has had to “go up against the elites, if you will in the party, and buck some tide.”

And further:

“I would say before you think about seriously voting to increase the debt limit and incur more unsustainable, immoral, unethical debt that is really going to ruin our country to continue down this path, prioritize, service the debt first and pay for the services that are constitutionally mandated. Let the state take care of a lot of the service and projects. If a state wants to do something a little special like extra roads, or extra museums and monuments and cowboy poetry, let that state figure out how they are going to pay for it.”