Question:

Is McCain's VP pick, Sarah Palin, really a Whiz on economy and finance?

by  |  earlier

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Sarah Palin left the finances of her town Wasilla in tatters when she moved on in 2002 (h/t xgz). She wanted a legacy as mayor, it seems, and pushed hard for the town to build a hyper-expensive sports complex.

But Palin screwed the process up badly. Instead of buying the land for the complex when it was offered, her administration allowed a developer named Gary Lundgren to snap it up. Then Wasilla tried to seize the land from Lundgren through eminent domain. In the end, what with court costs Wasilla paid at least $ 1.7 million for land it could have bought for less than one tenth that sum - if the purchase had been handled properly. For this incompetence, Wasilla is still paying a steep price: higher taxes and cutbacks in services.

In other words Palin is about as efficient as Michael Brown, onetime head of FEMA.

Still proud?

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2 ANSWERS


  1. Who cares? She's hot!  


  2. Sarah Palin has kept Alaska's economy in check whilst the national economy is crumbling, ( Alaska has a $1.8 billion dollars surplus and is looking to pump that surplus up to 4.3$ billion ) She has taxed oil companies operating in Alaska, something no democrat can claim anywhere else in the nation, and has given the taxes that she collected from the oil companies, to the families across Alaska ( About 1200$ each )

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