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WALLACE: Let's start with your choice of a running mate. Of all the people you could have chosen, of all the Republican leaders you've known for years, straight talk, can you honestly say that Sarah Palin is the best person to put a heartbeat away from the presidency?
MCCAIN: Oh, yes. She's a partner and a soul-mate. She's a reformer. I don't particularly enjoy the label "maverick," but when somebody takes on the old bulls in her own party, runs against an incumbent governor of her own party, stands up against the oil and gas interests, I mean, they really are so vital to the economy of her — of the state of Alaska. I mean, it's remarkable. It's a remarkable person.
And I've watched her record, and I've watched her for many, many years as she — as she implemented ethics and lobbying reforms. And I mean, she led on it. She didn't just vote for it. She led it. I've seen her take on her own party.
Now look, one thing I know is that when you take on your own party in Washington, you pay a price for it. You do. You pay a price for it. And she has taken on the party in her own state. She took on a sitting governor and defeated him.
And so I'm so pleased and proud, because this is a person who will help me reform Washington and change the way they do business. And that's what Americans want.
WALLACE: But let me ask you...
MCCAIN: Sure.
WALLACE: ... about the concerns that a lot of voters, who have never heard of Sarah Palin before yesterday, are asking. Compared to, say, Tom Ridge or Joe Lieberman, why is Governor Palin superior in dealing with national security and foreign policy?
MCCAIN: Look, those people you talk about, Joe, and Tom Ridge, and Mitt Romney, and Mike Huckabee, they're wonderful people. And I'm grateful for the opportunity that I've had to know them and work with them.
But look, what this brings is a spirit of reform and change that is vital now in our nation's capital. Eighty-four percent of the American people think the country is on the wrong track. In our party, we have corruption.
We have former members of Congress residing in federal prison. So it's not surprising to me that we've seen an incredible invigoration around our party and around the nation. Not just Republicans, but Democrats.
And by the way, in the last day-and-a-half, or whatever it has been, we have raised $4 million on the Internet. I wish I had have taken her a month ago.
[...]WALLACE: You have criticized Obama as being, quote, "dangerously unprepared to be president." In the sense of national security and foreign policy specifically, isn't Sarah Palin even more dangerously unprepared?
MCCAIN: Oh, no. Look, she has got the right judgment. She has got the right judgment. She doesn't think, like Senator Obama does, that Iran is a minor irritant. She knows that the surge worked and succeeded, and she supported that.
Senator Obama still, still to this day refuses to acknowledge that the surge has succeeded. She has been commander-in-chief of the Alaska Guard, that has served back and back (ph). In fact, as you know, she has got a son who is getting ready to go.
But she has had the judgment on these issues and — that Senator Obama has not had in the — he has had all the wrong judgments. And Governor Palin understands these issues, and she understands the challenges that we face.
So she has had 12 years of elected office experience, including traveling to Kuwait, including being involved in these issues. And look, I'm so proud that she has displayed the kind of judgment and she has the experience and judgment as an executive. She has run a huge economy up there in the state of Alaska. Twenty percent of our energy comes from the state of Alaska, and energy is obviously one of the key issues for our nation's security.
WALLACE: But, Senator, you talked about her years of experience. Ten of those years were as a city councilwoman and mayor of a town of 9,800 people. And in terms of foreign policy, in March of 2007, after, two months after the surge had started, she was asked about it, and she said: "I've been focused on state government. I haven't focused on the war in Iraq." Understandable for a governor; not understandable for a vice president.
MCCAIN: Well, by the way, also she was a member of the PTA. I think it's wonderful. But the point is she has been to Kuwait. She has been over there. She has been with her troops, the National Guard that she commands, who had been over there and had the experience. I'm proud of her knowledge of these challenges and issues.
And of course, as governor she has had enormous responsibilities, none of which Senator Obama had. He — when she was in government, he was a community organizer. When she was taking tough positions against her own party, Senator Obama was voting "present" 130 times in the state legislature, on every tough issue whatever it was, while she was taking them on. That's the kind of judgment that I'm confident that we need in Washington.
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