Hurrah

Well, that's close:

O'REILLY: Do you believe that you are smart enough, incisive enough, intellectual enough to handle the most powerful job in the world?

PALIN: I believe that I am because I have common sense and I have -- I believe the values that are reflective of so many other American values. And I believe that what Americans are seeking is not the elitism, the kind of a spineless -- a spinelessness that perhaps is made up for that with some kind of elite Ivy League education and a fat resume that's based on anything but hard work and private sector, free enterprise principles. Americans are -- could be seeking something like that in positive change in their leadership. I'm not saying that that has to be me.

If you put in a marker every time there's a grammatical shift in the sentence - a time when she's continuing on from the word before rather than from the five or ten words before - it'd look like this, leaving out the understandable hesitations;

O'REILLY: Do you believe that you are smart enough, incisive enough, intellectual enough to handle the most powerful job in the world?

PALIN: I believe that I am because I have common sense and I believe the values that are reflective of so many other American *values. And I believe that what Americans are seeking is not the elitism, the kind of *a spinelessness that perhaps is made up *for that with some kind of elite Ivy League education and a fat resume that's based on anything but hard work and private sector, free enterprise principles. Americans are -- could be seeking something like that in positive change in their leadership. I'm not saying that that has to be me.

Input 'American', output 'American values'.
Input 'kind of', output 'kind of a'.
Input 'made up', output 'made up for'.
She's in a quantum superposition between saying that the baddies make up for their spinelessness by a fat resume and saying that the baddies are made up of fat resumes.