Sarah Palin is standing by her statements opposing President Obama's call for a "Sputnik moment" -- referring to America's rapid development of technology in the 1950s, after the Soviets were the first to put a satellite in orbit -- following ridicule of her statement that the USSR won the space race but "incurred so much debt at the time that it resulted in the inevitable collapse of the Soviet Union."
In her latest statement, Palin does not seem to address the alleged victory in the space race by the Soviets -- when in fact their early lead was overtaken by the United States landing on the moon. Instead, she elaborates on the "Sputnik" vs. "Spudnut" line that made up the other main component of her statements on Fox News.