Sarah Palin portrays herself as a fiscal conservative but why did she rack up so much debt as mayor?

Question

She racked up nearly $20 million in long-term debt as mayor of the tiny town of Wasilla — that amounts to $3,000 per resident.

http://www.politico.com/news/stories/0808/12987.html

Answer 1

Yes she did and she was investigated for misuse of $400,000 for personal gain.

Answer 2

I guess you needed to read the line below that where she said the money was needed for improvments.. I guess  that you  feel that she should not be running?  everyone needs to start somewhere.. Look at obama he has no experience  in long time governing of anything and he is going for the top spot.

And back to Palin she will do fine if they are elected as I feel Obama will if he is elected.. what you all forget is they are all Americans .. They do not wake up in the morning and say .. well how can i s***w the people today?.. they all feel that their way is right.. but remember no matter who is the president.. the house and senate make the final decision on what they want to do.. @ invading Iraq......etc.. that is how our government  is made to avoid a dictator etc.. so learn about the way our government works .. remember no matter what our beliefs . republican, democrat, liberal or conservative.. we all want what is right for our country.. we just have a difference of opinion on how to go about getting there

Answer 3

She also wants to "drill, drill, drill" as she puts it. But drilling is going to kill our beautiful and natural stat of Alaska. It would also put the polar bears in more danger of being extinct than ever before. She doesn't deserve to be VP  

Answer 4

Maybe the town needed fixin.  

Answer 5

BECAUSE SHE DOESN'T KNOW WHAT SHE IS DOING. BEING A BEAUTY CONTESTANT DOESN'T QUALIFY YOU.

THE REPUBS ACCUSE LIBERALS OF BEING "LEMMINGS" JUST BECAUSE WE GET OUT THERE AND SHOW OUR LOVE FOR OUR CANDIDATE MORE.

THE TRUTH IS, CONSERVATIVES MUST BE LEMMINGS TO JUMP BEHIND THIS UNKNOWN LADY JUST BECAUSE MCSAME TOLD THEM TO.

AT LEAST WE KNEW WHO JOE BIDEN WAS BEFORE HE WAS PICKED. THIS PALIN CHARACTER IS A JOKE AND REPUBS ARE TOO SCARED TO ADMIT IT. THEY JUST JUMP RIGHT ON BOARD WITHOUT ASKING QUESTIONS. THAT IS HOW WE WENT TO WAR IN THE FIRST PLACE.

OBAMA 2008!!!!!! ;)

Answer 6

Yes. And the really kicker, though I'm not sure dumbed down america will ever get this. She defunded the town library and funded a hocky rink instead.

But I suspect most americans in both parties will miss how screwed up that is because no one gets how pointless our sports addiction is.

Answer 7

C'mon she sold her jet on ebay and turned down the bridge to nowhere.  

Sarah Palin is something Obama and Biden are not and can never be...

SHE IS AUTHENTIC, might as well stop trying to dig up something because it's just not there, she's WYSIWYG (what you see is what you get)

Answer 8

I assume you are reporting what you read and not what you know. I don't know about the details, but can you detail what the 20 mil was for. Was it for infrastructure, refinancing old debt at a lower rate, huge pay raises all city officials, pork barrel project? Is there a link that shows the detail of the city budget.

Thanks

independent  

Answer 9

Mayoral performance. Palin, who portrays herself as a fiscal conservative, racked up nearly $20 million in long-term debt as mayor of the tiny town of Wasilla — that amounts to $3,000 per resident. She argues that the debt was needed to fund improvements.

This is a direct quote from the news story.  This is terrible and I had no idea that she was that irresponsible.  Thanks for pointing this out with your question.  There better be a long list of improvements for that amount.  WOW.  Thanks for pointing this out.  Learn mre from researching the questions.  Thanks!

Answer 10

yea i read that article, a youtube video i watched showed her talking about it, and she said she welcomed the investigation everything she did was with in her gubernatorial powers, she has been forthright and open to the investigation. search it, she also raised taxes on oil companies(like barack wants to), and gave the excess money to people in her state.20 million in "debt" though i guess i could spin that and say she is using the money to vastley improve infra structure,http://www.youtube.com/watch?v=Pak-rH0dC... (something barack wants to do also)

hey if thats all you got......

http://www.youtube.com/watch?v=pKFKGrmsB...

http://www.youtube.com/watch?v=fb1SGOs3j...

http://www.youtube.com/watch?v=Dr88gkQ-Q...

http://www.youtube.com/watch?v=cwVei-qeG...

http://www.youtube.com/watch?v=X_Rf42zNl...

Answer 11

Even the (biased) link you provided doesn't back up your claim.^

Answer 12

Fiscal conservatives rack up debt.  Haven't you been watching Pres. Bush for the last 8 years or RR for his 8, or Bush Sr. for his 4.

Gov. Palin is right out of the mold.

Answer 13

Yea improvements like a Hockey rink for a hockey Mom, Why is it that Republicans are only fiscally responsible when it cames to denying people what they really need, not when it comes to avoiding unnecessary wants.

Answer 14

Here we go again. Another Republican bragging about being Fiscally responsible but in reality they are lying.  No big surprise.   I don't see how Republican can't do just a little bit of research and find out the truth about  their candidates  The truth is that the only Presidents in the last 25 years that were Fiscally responsible have been Democrates.   Duh Duh Duh

Edit;  for all who think Palin was against the bridge to nowhere need to do a little homework.  The last link is your homework assignment.

Answer 15

Where in this article did you find $20 million in debt. Only you complete libturd fools are grasping at straws like this. It's just unfortunate for you freaks that you have such a flawed and inexperienced candidate in the messiah..

Answer 16

you sure are bored this morning!

what about Kwame KIlpatrick's debt and felony charges in Detroit?

I'm sure that is OK with you! LOL

Answer 17

yeah link is bogus.another black voting for a black is all she is

Answer 18

And just before mayor she was head of the PTA of a school they are closing due to low performance.

So much losers!!

Answer 19

Because she's a conservative!

Answer 20

  She did what any responsible fiscal conservative does nowadays. She racked up a huge debt.  

Answer 21

another person who cannot handle economics nice pick Senator mccain!