During the second part of his interview with the Republican ticket, NBC News anchor Brian Williams asked Sarah Palin to explain, "Who is a member of the elite?" Palin characterized them as, "Anyone who thinks that they're better than someone else." (Full transcript here) But then McCain chimed in, laughing, that he knew "where a lot of 'em live... in our nation's capital and New York City." The exchange starts at about four minutes in, after talk about Williams Ayers, the washed up terrorist McCain supposedly doesn't care about.
The Daily News got clarification from Rep. Peter King (R-Long Island), who said McCain wasn't talking about "real New Yorkers... He's talking about Park Ave. and the upper West Side, which is inhabited by the liberal socialites and the media types who, yeah, are certainly elitists," plus a barbed response from Senator Charles Schumer, "Men in Gucci shoes who have seven glass houses should not cast stones."
The New Yorker has an interesting article about how Palin made overtures to the media elite after becoming governor. Of course, that was the conservative media elite, so that's different, right?