Sarah Palin At Hong Kong Investors Conference

Former Alaska Governor Sarah Palin made her first speaking appearance overseas at a Hong Kong Investors Conference, and managed to state something that is totally false.

She claimed that the Great Recession occurred because of too much government regulation over banks, other financial firms, and corporations generally.

This is exactly opposite of the truth, as under GOP leadership in Congress and the White House, there was a lack of oversight and regulation, and this caused the economic collapse.

For Palin to say the answer is for the government to get out of the economy is precisely the wrong approach, and shows how she lives in her own created dream world of illusion.

The answer is that Sarah Palin does not have a clue about anything involving America, and were she somehow to be the GOP nominee for President in 2012, the party and the country would be faced with a candidate who is a true disaster area!

One comment on “Sarah Palin At Hong Kong Investors Conference

  1. Natasha (FAU) January 14, 2011 7:58 am

    I am just surprised that she didn’t call Hong Kong a country. It just amazes me that most people with some amount of common sence would know that the Great Panic that the U.S. experienced was due to over speculation and deregulation of the banks and acts such as the Gramm-Leach-Bliley Act (1999) that allowed the banks to underwrite Federal bonds and practically allowed the banks to expand beyond their basic functions that were once limited by the Glass-Steagall Act (1933).

    On a seperate note, if she is nominated to represent the GOP, then the Repulicans will have made just as bad of a choice as they always have. It’s nothing new…

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