Former Alaska Gov. Sarah Palin fired a shot at the Federal Reserve in her coming-out speech in Hong Kong today, blaming the central bank for the current crisis and disagreeing with the idea that the Fed should have a greater role in preventing the next crisis. It was an echo of fellow Republican and Texas congressman Ron Paul, who has led the charge in Congress to perform an audit of the Federal Reserve with an eye to eventually eliminating it.
Sarah Palin addresses Asian investors.

“How can we discuss reform without addressing the government policies at the root of the problems? The root of the collapse? And how can we think that setting up the Fed as the monitor of systemic risk in the financial sector will result in meaningful reform?” she said. “The words ‘fox’ and ‘henhouse’ come to mind. The Fed’s decisions helped create the bubble. Look at the root cause of most asset bubbles, and you’ll see the Fed somewhere in the background.”

Maybe Palin isn’t a nutjob? Nah, never mind I said that.




  1. Rich says:

    If she TRULY feels as Ron Paul does, and she’s not just hitching a ride, I’d vote for her for prez in a picosecond. She would be like Ron paul with broader appeal.

  2. freddybobs68k says:

    Well started off promising but then…

    ‘More generally, Mrs. Palin took the tack that the financial crisis occurred because government got in the way of free enterprise.’

    Yep. We need to get rid of all that pesky regulation. That’ll fix it.

    For a moment I thought she might actually have something useful to say. But no. Epic fail. Again.

  3. Gunner Sykes says:

    Now, if we could just get her off this empire thing…

  4. freddybobs68k says:

    #1 Rich

    Why not just go for Ron Paul. He actually has a real working brain, and is prepared to use it.

  5. bobbo, VOTE ALL INCUMBENTS OUT OF OFFICE says:

    With all the other biased and enfluenced activities by all the involved parties, I still blame the rating agencies more than anyone else except CONGRESS and the Presidents.

    The rating agencies have a very narrow specific technical assessment to make==and they failed to make it.

    No one in jail. No changes to law. The bubble is being rebuilt.

  6. qb says:

    She’s preaching to the faithful, I wonder how she’ll get to the other 80%? I’m not disagreeing with her, but I don’t see anything in her personal history as mayor and governor to back up her views.

    To convert people to her side she needs a strong personal story. She’s missing that to be genuine.

  7. Howard Beale says:

    she’s has months to get ready for this big speech and the best she could do is paraphrase Ron Paul I agree with #4 “Why not just go for Ron Paul” if thats what you want.

    The Asian investors should have saved their money and invited Paul

    Wonder if she will take any questions she is best off script. I hope she has been cramming hard for the media test that will come soon.

  8. bobbo, VOTE ALL INCUMBENTS OUT OF OFFICE says:

    Who here that supports Palin thinks our banking system needs less regulation?

    The Asians invited Palin as comic relief, nothing more.

    No one in jail. No changes to law. The bubble is being rebuilt.

  9. bobbo, VOTE ALL INCUMBENTS OUT OF OFFICE says:

    Hey Alfie–I heard Mark Perkel’s squirrel supports Palin too BECAUSE SHE IS A NUT!!!!!

    You do understand our elected Presidents only serve the people and are not served “to” the people?

    Squirrel Food===hah, hah.

    Alfie the Squirrel.

  10. freddybobs68k says:

    #8 bobbo

    Right.

    The bubble is absolutely being rebuilt. And the previous bubble was apparently ‘nobodies fault’ – cos nobodies in jail.

    Unless something significant happens (such as the incumbents being voted out) the future is not bright. Unfortunately I think anything as tidy as such a vote is not going to happen. Most people seems to be oblivious, or resigned to the way things are unfortunately. Still I can live in hope.

  11. Jägermeister says:

    Did she offer or take any advice on censorship? You know… banning books etc…

  12. qb says:

    Palin win big in 2012? Doubtful.

    The Republican party sees her as a loose cannon with not enough firepower. She was fresh in 2008 but she’ll be tired in 2011. If she runs as an independent she’ll just assure victory for Obama.

  13. Hugh Ripper says:

    I’d sooner vote for Perkel’s squirrel than Palin the ignorant fool. Anyone who thinks the she-Bush is anything but a mouthpiece for the banks corporations is delusional.

    She’s at a conference, sponsored by bankers, saying ‘its all the governments fault’. Can you believe this crap?

  14. bobbo, VOTE ALL INCUMBENTS OUT OF OFFICE says:

    I think Palin is delusional enough to think she “should be” president but also delusional enough to “hate the liberal media that brought her down”–the likes of Katie Couric and her ambush questions.

    While I don’t think she understands what happened and why, I think she was traumatized by the media coverage==so much so she quit Alaska.

    More fun, other than Alfie the Squirrel, is how otherwise functional people think she should run, much less vote for her, much less think she could win, much less think she would be any good.

    How deep does shit for brains go?

  15. Dr Dodd says:

    #14-qb-If she runs as an independent she’ll just assure victory for Obama.

    It’s difficult to predict exactly who the players will be in 2012, but as sure as there is day and night you can be sure Obama will not get a second term.

    You can quote me.

  16. Li says:

    Hmm, Palin is taking on the FED. . .I wonder, who would you say her faction is? That loony fertility cult that fancies itself christian , or the neocons? Surely the triads, er that is to say respectable Chinese business interests, wouldn’t invite her over for a bribe, er, speaking engagement, if she wasn’t allied with some powerful force.

    So what force is that? This development may signify a significant political shift against the power of the Federal Reserve. If that is so, it might be worth watching.

    Or, she might be a loon who is speaking out of her place. We’ll see.

  17. bobbo, VOTE ALL INCUMBENTS OUT OF OFFICE says:

    I bet Obama will run in 2012.

    And right now, the repugno’s are so weak that Newt Gingrinch is turning pro-healthcare to attract the middle.

    He should be easy to beat. Just swiftboat him on his multiple affairs while his wife had cancer. Easy Peasy.

    Huckleberry outpolling most. Religious nutbags can’t make it. Too many other religious nutbags with different belief systems to allow a winner from that factious group.

    Romney? I’d swiftboat him too. Pass out that underwear they wear at his rallies. Hah, hah. He is seen as more business than religious, but Americans don’t understand business so he has little appeal.

    I don’t see Obama losing.

    Suck it up.

  18. Jägermeister says:

    #19 – bobbo – I don’t see Obama losing.

    He will lose, because the right-wing Republicans will have fabricated enough evidence on that Obama was born in Africa.

  19. bobbo, VOTE ALL INCUMBENTS OUT OF OFFICE says:

    Well Jag, maybe so. Only an idiot argues “forcefully” when predicting. Nice to see someone more jaded than me about the general gullibility of the Voting American===and Bush did get re-elected, so the Voting American often is as dumb as they come against their own interest leadable sheeple as one can imagine.

    Still, the liberal/progressive/budding Nazi/dem’s only have to lower their standards and use the Repugno’s play book, hence my references to swiftboating. They usually err by playing a high minded game. Here’s hoping they pull their heads out of their ass and recognize what they are up against and play accordingly.

  20. DA says:

    God damnit, I fucking hate Palin as a politician.

    It’s great that she’s “taking on the fed” but in all honesty, Ron Paul would be better off without her help. She’s such a dunce and is almost gaurenteed to say somethign retarded that people will use to discredit auditing the fed or something…

    Maybe I’m completely off the mark though…who knows.

    In any case, I’m going to go absolutely batshit insane if she becomes the republican nominee for president in 2011.

  21. bobbo, VOTE ALL INCUMBENTS OUT OF OFFICE says:

    By the way, I would vote against Obama because he is the incumbent and he has not distinguished himself enough in office to overcome that presumption. Given “any” repugno, it could be a close call though. Hate throwing my vote away on a third party symbolic candidate.

    It will be a year of anguish for sure.

  22. Dr Dodd says:

    #21-bobbo-They (democrats) usually err by playing a high minded game.

    Good one! That’s the best joke I’ve heard in quite a while.

  23. bobbo, VOTE ALL INCUMBENTS OUT OF OFFICE says:

    Well Dodd==thats the general consensus. Its why Kerry did not respond in time to the swiftboaters==he didn’t want to sink to their level.

    Obama’s team learned from this and responds to nonsense repugno charges ASAP but they seem to be letting some messages linger for too long before responding now===back to old habits.

    They really do need to just take off the gloves and respond dumb ass unbelievable slur for another AND talk reasonably as well. That would put the Repugs in a tail spin.

    Lets see–Palin has sex in the woods and her kiddies kiddie is her own. Check her off. etc.

    I think they could even just go for broke. Romney wasn’t born in america==prove otherwise. You do have to hold your nose to act like a repugno, but it can be done.

  24. qb says:

    I am amazed at the over-confidence of Palin supporters here. That’s not a winning attitude if you want her to get elected.

  25. MattG says:

    Even a broken clock is right twice a day.

  26. Dr Dodd says:

    #25-bobbo

    Why go through all of that when you can just get ACORN to stuff the ballot box or have the Black Panthers intimidate people into not voting.

    Either way it’s safe to conclude that even if you win – in the long run we all lose.

  27. bobbo, VOTE ALL INCUMBENTS OUT OF OFFICE says:

    A Broken clock is right twice a day but the issue here is taking the temperature.

  28. Hugh Ripper says:

    #23 Bobbo

    I have the same problem here in Oz, so I generally vote Green. They are the only party that even comes close to representing me. Besides, voting Green gives the warm and fuzzy feeling of easing ones middle class guilt.

  29. bobbo, VOTE ALL INCUMBENTS OUT OF OFFICE says:

    Dr Dodd–correct me if I am wrong but Acorn never stuffed a ballot box. They did submit voter rolls and highlighted themselves suspected registration fraud. Is that what you are trying to talk about?

    Nobody stuffs a ballot box==you disqualify opposing party voters from the rolls at the beginning, and you own the computers that count the votes at the end.

    More repuglican SOP’s the dem’s can and should just copy.

    Who is winning and losing? You imply that you “won” under Bush???? HA, HA. What a dolt.

    I will agree we all lose no matter who wins. Think about it real hard and get back to us.

  30. bobbo, VOTE ALL INCUMBENTS OUT OF OFFICE says:

    #30–Hugh==yea, that would be Ralph Nader’s party for me here. But the corporate welfare oligarchy has captured the our two party system. THAT is why we all lose. Not whether or not a party will try and fail to control a woman’s body.

    Green will come someday in the future. Reality has that effect over time. Their ideas though will just be adopted by both parties and the corporate corruption will remain at the heart of our politics.


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