GIBSON: Governor, let me start by asking you a question that I asked John McCain about you, and it is really the central question. Can you look the country in the eye and say "I have the experience and I have the ability to be not just vice president, but perhaps president of the United States of America?"
PALIN: I do, Charlie, and on January 20, when John McCain and I are sworn in, if we are so privileged to be elected to serve this country, will be ready. I'm ready.
GIBSON: And you didn't say to yourself, "Am I experienced enough? Am I ready? Do I know enough about international affairs? Do I -- will I feel comfortable enough on the national stage to do this?"
PALIN: I didn't hesitate, no.
GIBSON: (INAUDIBLE -- Didn't that take some hubris?)
PALIN: I -- I answered him yes because I have the confidence in that readiness and knowing that you can't blink, you have to be wired in a way of being so committed to the mission, the mission that we're on, reform of this country and victory in the war, you can't blink.
So I didn't blink then even when asked to run as his running mate.
Sarah Palin on God:
GIBSON: You said recently, in your old church, "Our national leaders are sending U.S. soldiers on a task that is from God." Are we fighting a holy war?
PALIN: You know, I don't know if that was my exact quote.
GIBSON: Exact words.
PALIN: But the reference there is a repeat of Abraham Lincoln's words when he said -- first, he suggested never presume to know what God's will is, and I would never presume to know God's will or to speak God's words.
But what Abraham Lincoln had said, and that's a repeat in my comments, was let us not pray that God is on our side in a war or any other time, but let us pray that we are on God's side.
That's what that comment was all about, Charlie.
GIBSON: I take your point about Lincoln's words, but you went on and said, "There is a plan and it is God's plan."
PALIN: I believe that there is a plan for this world and that plan for this world is for good. I believe that there is great hope and great potential for every country to be able to live and be protected with inalienable rights that I believe are God-given, Charlie, and I believe that those are the rights to life and liberty and the pursuit of happiness.
That, in my world view, is a grand -- the grand plan.
GIBSON: But then are you sending your son on a task that is from God?
PALIN: I don't know if the task is from God, Charlie. What I know is that my son has made a decision. I am so proud of his independent and strong decision he has made, what he decided to do and serving for the right reasons and serving something greater than himself and not choosing a real easy path where he could be more comfortable and certainly safer.
Sarah Palin on Russia:
We cannot repeat the Cold War. We are thankful that, under Reagan, we won the Cold War, without a shot fired, also. We've learned lessons from that in our relationship with Russia, previously the Soviet Union.
We will not repeat a Cold War. We must have good relationship with our allies, pressuring, also, helping us to remind Russia that it's in their benefit, also, a mutually beneficial relationship for us all to be getting along.
GIBSON: Would you favor putting Georgia and Ukraine in NATO?
PALIN: Ukraine, definitely, yes. Yes, and Georgia.
GIBSON: Because Putin has said he would not tolerate NATO incursion into the Caucasus.
PALIN: Well, you know, the Rose Revolution, the Orange Revolution, those actions have showed us that those democratic nations, I believe, deserve to be in NATO.
Putin thinks otherwise. Obviously, he thinks otherwise, but...
GIBSON: And under the NATO treaty, wouldn't we then have to go to war if Russia went into Georgia?
PALIN: Perhaps so. I mean, that is the agreement when you are a NATO ally, is if another country is attacked, you're going to be expected to be called upon and help.
But NATO, I think, should include Ukraine, definitely, at this point and I think that we need to -- especially with new leadership coming in on January 20, being sworn on, on either ticket, we have got to make sure that we strengthen our allies, our ties with each one of those NATO members.
We have got to make sure that that is the group that can be counted upon to defend one another in a very dangerous world today.
GIBSON: And you think it would be worth it to the United States, Georgia is worth it to the United States to go to war if Russia were to invade.
PALIN: What I think is that smaller democratic countries that are invaded by a larger power is something for us to be vigilant against. We have got to be cognizant of what the consequences are if a larger power is able to take over smaller democratic countries.
And we have got to be vigilant. We have got to show the support, in this case, for Georgia. The support that we can show is economic sanctions perhaps against Russia, if this is what it leads to.
It doesn't have to lead to war and it doesn't have to lead, as I said, to a Cold War, but economic sanctions, diplomatic pressure, again, counting on our allies to help us do that in this mission of keeping our eye on Russia and Putin and some of his desire to control and to control much more than smaller democratic countries.
His mission, if it is to control energy supplies, also, coming from and through Russia, that's a dangerous position for our world to be in, if we were to allow that to happen.