This is a rush transcript from "On the Record," Oct. 31, 2010. This copy may not be in its final form and may be updated.


    GRETA VAN SUSTEREN, FOX NEWS HOST: Do not adjust television. It may be Sunday night but "On the Record" is live in New York because we don't want to miss one second of this national showdown. Our jam-packed election special begins with former Alaskan Governor Sarah Palin. Good evening, Governor.


    VAN SUSTEREN: Very well. All right governor. I want to talk you about a lot of things got to do with politics. But Bret Baier my colleague just gave me an article hot off the press Politico that is essentially and I've just finished reading it. It's a beating of you a trash piece and let me read to you the full some of the sources in here.

    And Mike Allen and Jim VandeHei are the ones who wrote that. And here are the sources on the article. So hang on to your seat. Top Republicans advisors to Maine 2012 presidential contenders, other veteran Republican operatives, GOP elites, establishment figures argue not for attribution comments.

    Determined, focused, establishment effort, top advisors to candidates, top Republicans, top advisors, longtime Republican leaders and top advisors to rival campaigns. Not one named source and they're all saying that you that the GOP is terrified of you and they need to stop Palin.

    Not one named source. All these brave people.

    PALIN: And these are the brave people who want to lead the nation and run the world. And but they're not brave enough to put their name in an article.

    VAN SUSTEREN: You know, I guess I'm a little bit unglued at this because you know I take journalism seriously and people assigned names to things. When you go to court and you raise your hand and you say I'm so and so I promise to tell the truth the whole truth nothing but the truth.

    We don't use anonymous sources. There's a reason so that you don't trash people unfairly. And you would think in this article there be one named source. And these are two veteran journalists. But they take you apart limb by limb by limb with nothing but descriptions of anonymous sources.

    PALIN: Well that's why I don't talk to some of these reporters who are a part of this yellow journalism world of not using name sources I think it's very unprofessional. And I to with a journalism degree I learned back in the day that who, what, when, where, why of journalism.

    You report that facts you let other people decide what their opinion is going to be.

    So having unnamed sources in an article like this is very, very, disappointing you know. And it doesn't do anybody any good. It doesn't educate anybody.

    VAN SUSTEREN: See I, you say it doesn't educate anybody. You say disappointing I saw horrifying. I saw it's actually much worse than that.

    PALIN: I'm getting used to it though unfortunately Greta. And that's the state of affairs of we're in if I had to get used to it.

    VAN SUSTEREN: It's funny that you say that. It's funny that you say that because what they also write. These are not the anonymous sources but the journalist. They say that, a quote from it, "Still she has never face serious criticism in public in a campaign setting."

    PALIN: Me?


    PALIN: OK well that's surprising that they claim that I haven't faced criticism. Holy geez where have they been the last couple of years.

    You know that been our world. First you know even the content and I haven't read the article yet but it sounds like content is coming from the GOP the establishment the self-proclaimed elite as named as sources.

    You know its define how do you do when you consider that Todd and I our family we've given our life to the cause the mission the last couple of years of making sure that people are hearing a common sense conservative Republican message out there.

    So to get torn apart limb by limb you know it's like gosh guys come on.

    VAN SUSTEREN: But it's worse though because I mean you and I look at it a little differently I suppose because I'm obviously not the one being trashed. But the whole idea that you know if we're going to have this dialogue you know have the courage to stand up and have the courage to take Sarah Palin on or anybody else on this campaign whether its Tim Pawlenty or whether its Marco Rubio or Vice President Biden. Take them on on the issues.

    PALIN: Right.

    VAN SUSTEREN: You know and this I mean and it's bad enough that the politician are doing it among themselves but when the journalist are so stupid to be had and these journalist were had. They thought they had a good story and they were basically they shamed themselves.

    You know they completely shamed themselves and I'll be curious to see whether any other journalist has the guts to stand up and call. But Politico has become quite influential in the world today.

    PALIN: Right, right. Where Politico goes the mainstream media pickups where what they have sad them and then it gets into some hard news copy. Whatever the content of this story is. I don't know maybe in the end I can pull a Sharron Angle I can send them flowers and thank them for what it is that they did in this piece because I think it will draw attention to what I been trying to draw attention to.

    And that is a sad state of affairs in the world of journalism today. It is unfair to Americans to not be able to trust what should be a cornerstone of our democracy. A free press. A fair press. When we can't trust what it is their reporting.

    And of course you can't trust something if it only citing unnamed anonymous sources. You can't trust them then where we are in the state of journalism is extremely, a scary place to be, a sad place to be.

    VAN SUSTEREN: Well you know, certify they actually have one name in here, Karl Rove. And I think about as Karl Rove, who's also a Fox News contributor, is quoted as saying something about your upcoming reality show on cable TV.

    Is the show you're doing on cable TV a reality show or not? Does Karl have that right?

    PALIN: For the Discovery Channel and the Learning Channel, no. And Karl Rove he knows that it isn't a reality show. He knows that its eight episodes documenting what Alaska has to offer our resources, our activities, the unique livelihoods that are made up there.

    And the family comes along for the ride. So after I guess see it to believe it. But now Karl has planted a few other political seeds out there that are quite negative and unnecessary. You know what I kind of feel like why did he feel so threaten and so paranoid.

    I'm here to help the cause. So are I hoping all other potential candidates in the future? Were here as hopefully team members to help turn this country around and get the economy moving again.

    VAN SUSTEREN: Well whether or not people agree with you or I agree with you or anybody, to me I - it's not some issue. It's whether or not that it's on the issues and that it's treated fairly and the most bizarre thing is that these very people who so bravely wouldn't name themselves and instead trash themselves in the stupid journalist who were had.

    These are the very people think they can take on Al Qaeda and National Security for the country but they're afraid to speak up in a political piece.

    PALIN: Yes that's a great, that's a great point and no I don't think that the paper that we just printed this article on you know it's not worth even wrapped in my King Salmon in. And I'm very disappointed in what it is that they produced but on the other hand I think that it's very reflective of the state of affairs and we plow through that and we do seek to discuss issues.