John McWhorter translates:

What truly distinguishes Palin’s speech is its utter subjectivity: that is, she speaks very much from the inside of her head, as someone watching the issues from a considerable distance. The there fetish, for instance – Palin frequently displaces statements with an appended “there,” as in “We realize that more and more Americans are starting to see the light there...” But where? Why the distancing gesture? At another time, she referred to Condoleezza Rice trying to “forge that peace.” That peace? You mean that peace way over there – as opposed to the peace that you as Vice-President would have been responsible for forging? She’s far, far away from that peace.