PALIN: Rails against taxpayer-financed bailouts, which she attributes to Obama. She recounts telling daughter Bristol that to succeed in business, “you’ll have to be brave enough to fail.”

THE FACTS: Palin is blurring the lines between Obama’s stimulus plan — a $787 billion package of tax cuts, state aid, social programs and government contracts — and the federal bailout that Republican presidential candidate John McCain voted for and President George W. Bush signed.

PALIN: Says Ronald Reagan faced an even worse recession than the one that appears to be ending now, and “showed us how to get out of one. If you want real job growth, cut capital gains taxes and slay the death tax once and for all.”

THE FACTS: The estate tax, which some call the death tax, was not repealed under Reagan and capital gains taxes are lower now than when Reagan was president.

PALIN: Describing her resistance to federal stimulus money, Palin describes Alaska as a practical, libertarian haven of independent Americans who don’t want “help” from government busybodies.

THE FACTS: Alaska is also one of the states most dependent on federal subsidies, receiving much more assistance from Washington than it pays in federal taxes. A study for the nonpartisan Tax Foundation found that in 2005, the state received $1.84 for every dollar it sent to Washington.