Speaking to a crowd Wednesday night, Gov. Sarah Palin warned that federal government wanted to "bailout debt ridden states" so that it could "control the people." MSNBC's Monica Novotny talked with Republican strategist John Feehery and Democratic strategist Josh Gottheimer about Palin's remarks.

CNN has more details here.

This video is from MSNBC's News Live, broadcast June 5, 2009.

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