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	<title>Citizen Economists &#187; Sarah Palin</title>
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	<description>Citizen Economists is an online economics magazine written by citizen journalists. These ordinary citizens provide reports and commentary on the current events affecting the economics of the fields they work in.</description>
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		<title>Daily Quips for November 19, 2009</title>
		<link>http://www.citizeneconomists.com/blogs/2009/11/19/daily-quips-for-november-19-2009/</link>
		<comments>http://www.citizeneconomists.com/blogs/2009/11/19/daily-quips-for-november-19-2009/#comments</comments>
		<pubDate>Thu, 19 Nov 2009 17:00:41 +0000</pubDate>
		<dc:creator>Thersites</dc:creator>
				<category><![CDATA[Opinion]]></category>
		<category><![CDATA[Afghanistan]]></category>
		<category><![CDATA[depression]]></category>
		<category><![CDATA[freedom]]></category>
		<category><![CDATA[government debt]]></category>
		<category><![CDATA[inflation]]></category>
		<category><![CDATA[law]]></category>
		<category><![CDATA[Sarah Palin]]></category>

		<guid isPermaLink="false">http://www.citizeneconomists.com/blogs/?p=2392</guid>
		<description><![CDATA[<p>Given the massive volume of ridiculous news stories revealing the travesties occurring in this country on a daily basis, I have decided to start regularly posting my thoughts on selected pieces each day. I will continue of course to produce lengthier more substantive pieces as well.</p> <p>Without further ado, I present today&#8217;s Daily Quips:</p> <span style="color:#777"> . . . &#8594; Read More: <a href="http://www.citizeneconomists.com/blogs/2009/11/19/daily-quips-for-november-19-2009/">Daily Quips for November 19, 2009</a></span>]]></description>
			<content:encoded><![CDATA[<p>Given the massive volume of ridiculous news stories revealing the travesties occurring in this country on a daily basis, I have decided to start regularly posting my thoughts on selected pieces each day. I will continue of course to produce lengthier more substantive pieces as well.</p>
<p>Without further ado, I present today&#8217;s Daily Quips:</p>
<p><a style="font-weight: bold;" href="http://atlasshrugs2000.typepad.com/atlas_shrugs/2009/11/a-tin-pot-presidency.html">As Pamela over at Atlas Shrugs highlights</a>, AG <a href="http://michellemalkin.com/2009/11/18/culture-of-corruption-holder-terrorists-covington-burling/">Eric Holder</a> gave his opinion on bringing KSM to justice in Manhattan, the site of his heinous crimes.  Holder boldly asserted, &#8220;<strong style="font-weight: normal;">we need not cower in the face of this enemy. Our institutions are strong, our infrastructure is sturdy, our resolve is firm, and our people are ready.&#8221; In light of the remarks of government officials such as <a href="http://cbs5.com/national/henry.paulson.economy.2.775329.html">Henry Paulson</a></strong>:<strong style="font-weight: normal;"> &#8220;</strong>It’s a safe banking system, a sound banking system. Our regulators are on top of it,” <a href="http://online.wsj.com/article/SB122290574391296381.html">Barney Frank</a> (on Fannie and Freddie): &#8220;I think we see entities that are fundamentally sound financially&#8221; and <a href="http://www.nytimes.com/2009/06/04/us/politics/04obama.text.html?pagewanted=6">Barack Obama</a>: &#8220;But I do have an unyielding belief that all people yearn for certain things: the ability to <a href="http://hotair.com/archives/2009/09/02/does-obama-plan-to-spy-on-social-networking-sites/comment-page-1/">speak your mind </a>and <a href="http://online.wsj.com/article/SB10001424052970203550604574361071968458430.html">have a say in how you are governed</a>, confidence in the <a href="http://www.nytimes.com/2009/03/20/business/20bailout.html">rule of law</a> and the <a href="http://www.realclearpolitics.com/articles/2009/05/27/empathy_v_impartiality.html">equal administration of justice</a>, government that is <a href="http://abcnews.go.com/Politics/jobs-saved-created-congressional-districts-exist/story?id=9097853">transparent</a> and <a href="http://business.theatlantic.com/2009/11/98_billion_embarrassing_wasteful_spending_for_white_house.php">doesn&#8217;t steal from the people</a>, the <a href="http://www.huffingtonpost.com/2009/04/29/obama-takes-swipe-at-fox_n_192915.html">freedom to live as you choose</a>. These are not just American ideas. They are human rights. And that is why <a href="http://www.newsmax.com/timmerman/barack_obama_iran/2009/06/30/230354.html">we will support them everywhere</a>,&#8221; all signs indicate that we should be running scared. If a bigwig politician tells you things are safe and sound, things naturally must be in awfully bad shape.<span style="font-family: Arial;"></p>
<p></span><span style="font-weight: bold;">Obama </span><a style="font-weight: bold;" href="http://www.reuters.com/article/marketsNews/idUSN188108620091118">said</a><span style="font-weight: bold; font-family: Arial;"> &#8220;</span><span style="font-weight: bold;">if we keep on adding to the debt, even in the midst of this recovery, that at some point, people could lose confidence in the U.S. economy in a way that could actually lead to a double-dip recession.&#8221;</span> Thank you captain obvious for the biggest understatement I have ever seen. First off, people are losing confidence in the USD and our economy as reflected in the rallies in foreign currencies and equity markets. Most importantly, the price of gold has been making new nominal highs on a daily basis. You think there might be consequences to quadrupling our deficit in less than a year of being President? You think there might be consequences to the fact that we have unfunded liabilities of over $100 trillion? The One may be the most enlightened President since George W. Bush.</p>
<p><span style="font-weight: bold;">The Press is </span><a style="font-weight: bold;" href="http://www.foxnews.com/politics/2009/11/17/ap-turns-heads-devoting-reporters-palin-book-fact-check/">doing everything they can</a><span style="font-weight: bold;"> to bring down Sarah Palin</span>. Regardless of how you feel about her, and honestly I am not close to having fully formed a judgment about the woman, the hypocrisy of the media here is sickening. The double standard that the media employs when it comes to how they treat liberals versus conservatives, and in-particular <a href="http://www.politico.com/news/stories/0809/25928.html">wholesome middle-American female conservatives</a> is abominable.  The MSM has not fact-checked one thing about <a href="http://newzeal.blogspot.com/2008/10/obama-file-43-former-weatherman.html">President Obama</a>, yet they have repeatedly beaten Sarah Palin to death. I don&#8217;t care what your political leanings, the behavior of the media towards the former governor has been and continues to be beyond <a href="http://newsbusters.org/blogs/brent-baker/2009/11/18/snls-seth-myers-palins-rude-double-entendre-claim-thats-100-percent-tru">disgraceful</a>.</p>
<p><span style="font-weight: bold;">POTUS Obama is &#8220;</span><a style="font-weight: bold;" href="http://www.politico.com/blogs/bensmith/1109/A_firing_offense.html">furious</a><span style="font-weight: bold;">&#8221; about the leaks coming from the Afghanistan deliberations.</span> I agree with him, these leaks are harmful to our troops. Almost as harmful as the fact that it is taking him MONTHS of playing with our soldiers&#8217; lives to make a decision! Maybe if he had a firm grasp of the situation and acted accordingly there wouldn&#8217;t be time for all of these leaks. I am all for taking the time to make a prudent decision but something tells me Afghanistan is more about politics than national defense for this administration.</p>
<p><span style="font-weight: bold;">Barry Ritholtz over at the Big Picture </span><a style="font-weight: bold;" href="http://www.ritholtz.com/blog/2009/11/comparing-1982-rally-with-2009-rall/">illustrates</a><span style="font-weight: bold;"> why we are doomed for a long and painful Depression. </span>The more you see the policies being enacted by this administration, and compare them to those of Hoover and FDR, the more you get the sense that this isn&#8217;t Barack Obama merely being naive, but actually intentionally trying to plunge us into the economic abyss. <span style="font-size: 95%;"><br />
</span></p>
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		<title>Sarah Palin: An Outsider in the White House?</title>
		<link>http://www.citizeneconomists.com/blogs/2008/09/09/sarah-palin-an-outsider-in-the-white-house/</link>
		<comments>http://www.citizeneconomists.com/blogs/2008/09/09/sarah-palin-an-outsider-in-the-white-house/#comments</comments>
		<pubDate>Tue, 09 Sep 2008 21:56:18 +0000</pubDate>
		<dc:creator>J.D. Seagraves</dc:creator>
				<category><![CDATA[Politics and Government]]></category>
		<category><![CDATA[conservatives]]></category>
		<category><![CDATA[libertarians]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[Sarah Palin]]></category>

		<guid isPermaLink="false">http://www.citizeneconomists.com/blogs/?p=1045</guid>
		<description><![CDATA[<p>When John McCain announced half-term Alaska Governor Sarah Palin as his vice-presidential running mate, the American public let out a collective, “Who?” But small-government activists have been well-acquainted with Ms. Palin since at least two years ago, when she began her long-shot candidacy to defeat a corrupt governor from her own party.</p> <p>Palin was <span style="color:#777"> . . . &#8594; Read More: <a href="http://www.citizeneconomists.com/blogs/2008/09/09/sarah-palin-an-outsider-in-the-white-house/">Sarah Palin: An Outsider in the White House?</a></span>]]></description>
			<content:encoded><![CDATA[<p>When John McCain announced half-term Alaska Governor Sarah Palin as his vice-presidential running mate, the American public let out a collective, “Who?” But small-government activists have been well-acquainted with Ms. Palin since at least two years ago, when she began her long-shot candidacy to defeat a corrupt governor from her own party.</p>
<p>Palin was a political outsider within Alaska—a state whose insiders are outsiders on the national scene. She has been described as a “libertarian Republican,” a “true fiscal conservative” and a “maverick,” but do any of these descriptions hold up to scrutiny?</p>
<p><strong>Libertarian Republican?</strong></p>
<p>Palin was endorsed by the Libertarian Party of Alaska in her 2006 bid for governor, and she went out of her way to thank the LP in her victory speech. As mayor of Wasilla, she reportedly spoke to two Libertarian Party meetings in 2004 and 2005. And in 2008, she had positive things to say about the presidential candidacy of libertarian icon Ron Paul. All of this has led the media to dub Sarah Palin a “libertarian Republican,” but is this an accurate classification?</p>
<p>Well, libertarians are generally thought to be liberal on social issues. To say Sarah Palin is a social conservative would be a bit of an understatement—she’s a tad to the right of Queen Isabella. Palin is anti-abortion, she opposes same-sex marriage and, ironically, as governor she endorsed abstinence-only sex education for Alaskan teens.</p>
<p><strong>True Fiscal Conservative?</strong></p>
<p>Okay, so Sarah Palin isn’t a libertarian by conventional standards, but is she a “true fiscal conservative”? Well, in 2007, she slashed the state budget by 10% and vetoed more than $268 million in spending bills. As the governor of a small state, Palin has been forced to make tough fiscal choices, and she &#8220;seems to operate from a small-government mindset,” says the <a href="http://www.cato-at-liberty.org/2008/09/02/gov-sarah-palins-record-on-taxes-and-spending/" target="_blank">Cato Institute’s Jeff Patch</a>, who cautions that her record also features some economic &#8220;heresies.&#8221;</p>
<p>What are some of these “heresies&#8221;? As mayor of Wasilla, Palin raised taxes and still left the town $20 million in debt by the time she left office. As governor, she supported the infamous “Bridge to Nowhere,” a national symbol of the fiscal recklessness of the Republican Congress, although she eventually axed the project due to cost overruns. Palin signed a $1.5 billion tax hike on oil production, and worst of all, she has spoken favorably of the concept of “windfall profits taxes.”</p>
<p>Sarah Palin’s record on fiscal issues is a lot better than McCain’s and infinitely superior to either half of the Obama-Biden ticket, but is she a true fiscal conservative? Not unless you set the bar pretty low.</p>
<p><strong>Maverick Outsider?</strong></p>
<p>The biggest knock against Sarah Palin is that she lacks experience. But the founding fathers envisioned a nation governed by citizen-politicians a lot more like Palin than John McCain or Joe Biden. What have career politicians given us but a $10 trillion national debt, higher taxes and inflation and extra-constitutional monstrosities like the Patriot Act? There are plenty of people who think having a “maverick outsider” in the White House would be a good thing, but does Palin really fit the bill?</p>
<p>In addition to her support for and from the Libertarian Party, Palin and her husband have also flirted with the secessionist Alaska Independence Party. “Secession” is the ultimate dirty word to the political establishment, both left and right, so to the extent that she still has any sympathy for the AIP or its agenda, her claim of being an outsider has validity. But as popular libertarian and pro-secession blogger Lew Rockwell wrote, Palin’s GOP convention speech touted “nationalism, militarism, welfarism, and right-wing collectivism,” values entirely in line with the Republican Party mainstream.</p>
<p><strong>A Vote for McCain Is a Vote for Palin?</strong></p>
<p>John Adams, our first vice president, said this of his role in that office: “My country has in its wisdom contrived for me the most insignificant office that ever the invention of man contrived or his imagination conceived.”</p>
<p>While it’s true that John McCain’s age and health history enhances the odds that Palin could become president in the next four years, banking on McCain’s death is a rather cynical strategy to employ in the voting booth. Realistically, a vote for McCain-Palin is a vote for McCain, and any impact that Palin might have on a McCain administration would be entirely at McCain’s discretion—Palin would in no way be a “check” on McCain unless he wanted her to be.</p>
<p>It could be argued that a McCain victory makes Palin the frontrunner in 2012 should McCain, as expected, choose not to seek re-election. This much is true, though one has to wonder how much of an outsider Palin would be after four years in the belly of the Washington beast. If she could somehow hold on to her integrity and values for an entire term as vice president, she would not only be a great candidate for president, she’d be a great candidate for sainthood.</p>
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