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September 04, 2008

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markg8

She's gonna be a problem for everyone if she gets in office.

Sarah Palin took a town with $0 debt in 1996 and left it $22 million in the hole in 2002, mostly from the hockey rink/sports complex she shoved down their throats which never became the money generator she promised it would. Another white elephant from another white elephant.

Even with the stable Clinton economy during most of her mayoral tenure and Jack Abramoff's crony she hired to lobby Washington to help her now indicted buddy Ted Stevens ring up $27 million in federal pork for tiny Wasilla (pop. 5000 when she entered office) she still managed to leave the town swimming in debt. Three of her pork projects even made McCain's own wasteful spending list.

The following organization is the offshoot of President Reagan's Private Sector Survey on Cost Control started in 1984, also known as the Grace Commission. Definitely not a Dem friendly group but even these guys apparently think Alaska is America's welfare queen state.

Citizens Against Government Waste
http://www.cagw.org/site/PageServer?pagename=homePage

Rank State Pork Population Pork/Capita
2000 1 Alaska $394,514,000 619,500 $636.83
2001 1 Alaska $480,297,000 626,932 $766.11
2002 1 Alaska $451,334,278 634,892 $710.88
2003 1 Alaska $393,346,750 643,786 $610.99
2004 1 Alaska $524,329,000 648,818 $808.13
2005 1 Alaska $645,502,000 655,435 $984.85
2006 1 Alaska $325,106,000 663,661 $489.87
2007 not listed
2008 1 Alaska $379,699,715 683,478 $555.54

As governor she is borrowing from Alaska's future while she wants to blow today's Alaskan windfall oil tax bonanza and the huge surpluses they've generated on bread and circuses tax giveaways.

Alaska gets 89% of it's operating budget from taxing oil coming out of the ground just like Arab kingdoms and Hugo Chavez's Venezuela. They have no state income or sales tax up there. Instead of using that windfall to pay for all the profligate spending her Republican legislature keeps sending her she's issuing bonds to pay for it which Alaskans and US taxpayers will have to pay off in future years while she takes credit for tax "rebates" while she's governor.

Her fiscal policy is a disaster in the making which won't hit til she's left the governor's office. She'd be a disaster as Vice President especially to a President who despite his grevious wounds and type A personality is already past the age his father and grandfather died of sudden heart attacks.

She can put on all the lipstick she wants but her political record is for the dogs.

richard

Joe Biden has certainly been very complimentary about her since the speech.

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