PalinTracker: The Hong Kong Speech (Updated)
Palin in Hong Kong: “We’re not interested in government fixes, we’re interested in freedom.”
Sarah Palin — like a growing number of conservatives — chose to ban the media from her highly-anticipated speech to the CLSA world conference held in Hong Kong earlier today.
But within hours, the media began weighing in.
In her 90-minute address to 1100 international investors, Palin blamed government excess for the current economic crisis and pushed for better trade relations between China and the U.S. She touched on a wide range of topics, including the Asian and U.S. economies, the Fed, Reagonomics, the importance of free markets, and health care. She also mentioned China’s human rights issues.
Scrambling for a story, detractors were limited to talking to delegates, making a veritable Rorschach test of the event. The Raw Story headline screamed “Delegates walk out ‘in disgust’ at Palin speech.” Yet the story cited only two U.S. delegates — out of 1100 total — who left early.
The most fair-handed coverage came from the Wall Street Journal, which actually listened to the audio before reporting:
“Palin Addresses Asian Investors”
Former Governor Touches on Budget Deficit, Health Care and China
September 23, 2009, 12:15 PM
By JONATHAN CHENG and ALEX FRANGOSHONG KONG — Former Alaska Gov. Sarah Palin, in what was billed as her first public-speaking engagement outside North America, blamed the world financial crisis on government excesses and called for a new round of deregulation and tax cuts for U.S. businesses.
“We got into this mess because of government interference in the first place,” the former Republican U.S. vice presidential candidate said Wednesday at a conference sponsored by investment firm CLSA Asia-Pacific Markets. “We’re not interested in government fixes, we’re interested in freedom,” she added.
Of special interest: Palin has recruited John McCain’s campaign foreign policy advisor, Randy Scheunemann, “as she attempts to build a serious public profile and begins to build a network of aides and advisors typical of a national politician.”
UPDATE: Forget the Rorschach interpretations. Read this freshly posted summary of direct passages from Palin’s Hong Kong address divided by domestic and foreign policy and organized into specific issues:
“Excerpts of Sarah Palin’s Speech to Investors in Hong Kong” (Wall Street Journal)
Among the leftist fringe — particularly comment trolls — the hatred drumbeat is picking up, but the MSM sounds almost pleasantly surprised. Maybe they’re noting the contrast with Obama at the UN?
We got into this mess because of deregulation? hmm, I think a lot of people would now beg to differ when banking deregulation is being pinned as the main culprit of the current recession.
a great contrast with obamas compendum of lies given at the UN.
Polar bear numbers have grown 200% since 1972 and the earth is has cooled since 1998. But we are going to be forced into poverty to keep the oceans from rising. Green is just the old Red with a new set of boggy men.
America can we please have a leader who can deal with reality. It does not have to be Palin.
Randy Scheunemann??
I don’t know about this.
The FIRST thing that has been questionable by Sarah Palin.
You can’t trust any of the McCain people. Not one.
Hmm ….The left has and continues to recite the mantra Reagan and indeed all conservatives are dunces. Nothing new with the deomcorrupts attempts to malign and villify Sarah Palin. Move along! And once again Sarahcuda blows the left out of the water.
The deomcreeps think no one remembers who pushed for the disaster that is the Community Reinvestment Act. It wasn’t conservatives or republicans. Jimmah and BJ anywhere?
What she said, Middleman, is that we got into this mess due to government interference. Given that the main cause of this recession was the collapse of the housing market, and the prime mover behind that was government interference, I think she makes pretty good point. Did the bankers make a lot of stupid decisions? No doubt. Would they have made the same decisions if they weren’t constantly being reassured by members of congress that things were all peachy keen? I kind of doubt it.
“I think a lot of people would now beg to differ when banking deregulation is being pinned as the main culprit of the current recession.”
It takes a true ideologue to come away with that impression.
In fact, regulation has increased on a linear scale over the past decades. We spend more on regulation now than we ever have, yet we still had a crash … in a market that has heavy government involvement.
The obvious problem is government involvement.
And bear in mind that people who speak about deregulation do not mean ‘no laws’. We mean getting the oppressive hand of government out of business except for the most basic law enforcement, similar to the way we mean keeping the police when we talk about individual liberties. We need MINIMAL regulation, because time has shown us repeatedly that excessive regulation doesn’t just fail to prevent crashes, it makes them worse.
So mortgage brokers were encouraged to push ARM Options and NINJA loans because congress encouraged them? If anything the government is to blame because they didn’t interfere enough. Sorry to say, but this whole mess is a case of capitalism eating itself.
surprisingly the NYT has a very positive article as does one of the Huffington Post articles
http://www.nytimes.com/2009/09/24/us/politics/24palin.html?hpw
sample
“A number of people who heard the speech in a packed hotel ballroom, which was closed to the media, said Mrs. Palin spoke from notes for 90 minutes and that she was articulate, well-prepared and even compelling.”
No Middleman, they pushed foolish options because they believed that the risk was low. That belief was based on the belief that the government would continue to interfere if things began to fall apart. Guess what happened.
I have changed my mind. Sarah Palin may very well be a formidable presidential candidate in 2012. She is rapidly getting her act together. I will make this prediction: in less than a year Palin will wow people with her knowledge concerning foreign affairs. She will have more facts and figures at her finger tips than most major political figures.
Fannie Mae and Freddie Mac were buying a lot of these crappy loans reselling them as bonds (with the implicit guarantee of the US government). In addition Clinton changed the cap gains rules on houses to exclude the first $250k of gains from tax. Finally “Easy” Al Greenspan slashed rates to the bone igniting the bubble. The housing bubble was largely enabled by the Federal Government.
“So mortgage brokers were encouraged to push ARM Options and NINJA loans because congress encouraged them?”
Encouraged them? No, that’s not quite accurate. Mortgage brokers were forced to provide mortgages to minorities possessing low credit scores. They were sometimes even threatened with criminal indictments! At the minimum, government bureaucrats and elected officials would have forced them out of business.
The Community Reinvestment Act (CRA) of 1976 which regulated banks so that they did not discriminate on the basis of race was the foundation of the ACORN shakedown racket of banks, forcing them to make subprime loans. President Clinton added to this in 1995 by insisting on racial quotas by banks for mortages – (forget the 14th Amendment reuqiring equal treatment under the law, versus any racial quotas). He forced banks to make loans to people who were not creditworthy. Thus the eventual collapse of banks.
7. Middleman:
“So mortgage brokers were encouraged to push ARM Options and NINJA loans because congress encouraged them? If anything the government is to blame because they didn’t interfere enough. Sorry to say, but this whole mess is a case of capitalism eating itself.”
Thak is exactly was Barney Frank, Freddie Mae and Fanny Mac did! If you set up a crapy ARM you sold it to Freddie Mae and got that junk off your books and pocketed the comition. THE GOVERNMENT WAS THE SECONDARY MARKET FOR THIS JUNK!
Barney Frank distorted the incentive system and got us into this mess.
Wow!
Even the ignorant can type!
Ya see, Paleo#7Man, Bill Clinton’s – ahem – alterations to the Community Reinvenstment Act really got the viral ball rolling, by requiring banks to make loans to non-whites (dare I say…”minorities”) who clearly could not afford to pay back…or the banks would face severe financial penalties. Enter ACORN strongarming, but that’s another matter.
Go eat some more broken glass as you play out in traffic.
“He forced banks to make loans to people who were not creditworthy.”
Things were bad enough when only minorities were taking advantage of these collapsed standards. However, all hell broke loose when white citizens demanded roughly the same breaks! There was no turning back. We were doomed.
Oh, so now it’s race politics that is the culprit? Nevermind the fact that majority of welfare recepients are white. I would imagine they would also be the majority of people who would take advantage of homeownership back in the subprime heyday. After all, banks wouldn’t want to discriminate.
Mortgage brokers and banks were forced to make sub prime loans to people who didn’t qualify and couldn’t afford them by members of congress who said owning a home was “right”. THAT is the ultimate cause. AIG and others of its ilk were developed so that the banks could package the toxic debts in a way that the banks could survive.
The perfect storm occurred when investments poured in from China and India that doubled the amount of money the banks suddenly had to make these mortgages with. Thus the boom, thus the feeling that the money would continue forever, thus the bust.
The bankers had their part in this but none of it would have happened if Congress hadn’t coerced them in the first place.
Hey Barbara,
Jim kearney was asking in the other article …where is the next Rush Limbaugh….to represent you guys for this century.. Bingo !!
Its Sarah !! …She has the total package in my opinion and she is not as dull sounding as that other good lookin blonde one…(forget her name)… so sponsorship revenue would be a cinch eh?
I think she would be perfect for late night talk radio dont you?. She would maintain exposure for 2012 and bring in the crowds..I think you should talk her into it. Really.
Be careful what you wish for Poor Citizen. You might get 8 years of it.
It wasn’t deregulation it was Congressman Frank (D) and Senator Dodd(D) that pushed foolish lending practices that caused the banking collapse but it’s ok because they just wanted to get poor people to buy homes. Then when the poor people couldn’t make the payments it all came crashing down. Don’t believe me, Bill Clinton said it was the democrats fault, it was only in the press for one day (which I find means its very usually the truth).
“Its Sarah !! …She has the total package in my opinion and she is not as dull sounding as that other good lookin blonde one…(forget her name)… so sponsorship revenue would be a cinch eh?”
Numerous Democrats were thrilled when Ronald Reagan decided to run for governor of California. They laughed until the tears rolled down their cheeks. Pat Brown thought that he had the election in the bag. After all, who could take seriously a movie actor? That didn’t work out very well, did it?
As usual, Middleman spinningly and deliberately misses the “reality” mark, mixing, matching and misstating issues in the liberal way. Sarah Palin was spot on with her comments and that drives the middlemen of this world berserk with worry. Get used to it, sir. You “hoped” for “change”, got what you wished, see it now for its ugly nature, and would rather trash the country completely than see it return as a “shining city on a hill”.
Keep up the good work Sarah…don’t listen to the MSM.
Sarah’s speech was “compelling” according to the NYT. Wow…never thought I’d see that one
“Sarah Palin — like a growing number of conservatives — chose to ban the media from her highly-anticipated speech to the CLSA world conference held in Hong Kong earlier today.”
Well, when what you say can’t stand up to scrutiny, that’s one way to handle it.
MSM? Is that the acronym for the fringe media Hootie?
What really got the crisis rolling when Fannie Mae agreed to buy non-conforming loans. Fannie Mae and the FHA originally set the standards for what we now call “conforming” loans (41%/28%debt-to-income ratios, no more than 80% loan-to-value, etc). These, by definition, were loans that Fannie Mae was willing to buy from the lenders so that the lenders wouldn’t have to carry a lot of debt on their books and thus would be more willing to make more home loans. This is why home ownership skyrocketed in the 1950s and 60s. I don’t think the CRA as originally written was much of a factor, given how much redlining (refusal to lend for home purchases in a designated “bad area”) was truly happening. Sub-prime mortgages have always been with us, and the poor deluded folks who got talked into buying them would ultimately lose their home, the BBB would be called, and the group would get nailed for having faxed a fraudulent document to some bank at some point. But then the financiers figured out how to “eliminate” risk by combining thousands of mortgages into a big group and slicing the group into marketable securities. Suddenly everyone wanted to sell subprime mortgages becase there was so much profit in it and anyone would buy them because there was “no risk”. Rapidly-rising home values fueled the spree. It got to be so much of a fad that Fannie Mae figured it would lose market share unless it agreed to buy nonconforming loans. THIS was the point of no return for the whole fiasco, as far as the government is concerned.
Freddie and Fannie, another wholly owned subsidiary of the democrat party, just like ACORN. Connect the dots?
Where did Barney Franks boyfriend work? Where did Rahm work before congress?
Wouldn’t it be great if we had an honest news media? To much to ask for.
The ‘Failure of Capitalism’ is never the failure of capitalism. It’s the failure of government to preserve a free market.
“Well, when what you say can’t stand up to scrutiny, that’s one way to handle it.”
As you can read–I think you can read, anyway–the scrutiny will exist.
There is no reason, however, for the leftist, prevaricating MSM to be invited to the party, and that is true apart from their increasing irrelevance.
Ah, yes, the silly idea that “deregulation” caused our current economic woes. The myth the Left is pushing is that Reagan unleashed all those terrible capitalists on us and we’re paying for it now. As if the government has been absent from our lives for 29 years and we have to make up for lost time now.
The truth is business has not been unregulated in this country since the Progressive Era. Reagan certainly wanted to scale government spending down but the Congress was controlled by Dems during his terms.
Unfortunately, by the time we got a GOP Pres and a GOP Congress they had forgotten what the guiding principles of the GOP were. The beating they got in 2006 didn’t take so they got another one in 2008.
Palin is reminding them. Let’s hope it takes this time.
It sounds like her usual populist rubbish. She’s apparently still making her claim about “government death panels”, which is basically called “lying”.
The problem the US financial system has is not too much government interference – it’s the WRONG sort of interference. The bottom line is that lenders were able to use a business model of making risky loans (without being forced to – that’s a load of bunk) on the assumption that house prices would keep rising. Then they lied about the level of risk to mortgage brokers. A number of banks were also lying about their assets, or actually just plain didn’t KNOW what their assets were, so they had to close their doors. Those are things that regulation should prevent, and only the guv has the power to make it so.
Now I know I keep using australia as an example, but our banks (with the exception of one merchant bank) have sailed through this financial crisis and they’re still posting healthy profits. The only government intervention has been to guarantee deposits in order to prevent a run (caused by other countries doing the same). That was pretty controversial here, but in practice those deposits have been shown to be quite safe anyway – nobody’s had to collect on the deal.
We have a properly regulated financial system. Our regs get reviewed every decade or so and reforms are made where necessary. Everyone’s making a nice profit, nobody gets screwed and our financial system sailed through the asian financial crisis AND the global financial crisis with barely a ripple.
And our GDP per capita is higher than yours. Oh – and we get the same (or better) health outcomes than the US while spending 1/2 the amount (per capita) that you do, because we have a properly-regulated health system that includes universal health cover. We’ve had that for decades.
Any rich americans who’d like to move to a warm, sunny, safe place where things just work, filled with friendly people who’d love to have you here – contact your local australian consulate and have a chat about emigrating. You’d be very welcome. You can even keep your guns (except the semi-automatic ones) – you just have to promise to store them properly and join a shooting club (no, you can’t carry them around – but you won’t need to anyway).
Wow. THAT went off-topic.
7. Middleman:
So mortgage brokers were encouraged to push ARM Options and NINJA loans because congress encouraged them? If anything the government is to blame because they didn’t interfere enough. Sorry to say, but this whole mess is a case of capitalism eating itself.
EARTH TO LITTLEMAN ….you are really really STUPID. that was the dems (in congress) who pressured the banks to lend to people with no means of paying back the loans to get loans.
freddy and fanny are democrat party strongholds …they are not examples of capatilism …they are examples of government run organizations.
they say they are helping the poor …screwing them with the ARM mortage.
why do I bother …you wouldn’t get it if obama explained it to you. get real …go to school or something. YOU are really stupid. YOUR argument shows that the government screws things up not capitalism. DOES YOUR HEAD HURT …do you hear voices ?
We like Palin. throw all the mud you want to, it doesn’t stick anymore.
Supposedly 2 delegates walked out, no names, no pictures etc…just two nameless people..who cares? If the TWO really did walk out, so what!?! everyone else loved her!!! Some even admitted surprise. For a lefty to admit they were wrong is a milestone!!
The press couldn’t get in , so as usual the EM made up what they had to in order to fill the page. I totally agree, the McCain people cannot be trusted.
Middleman, Do not confuse deregulation with corruption. Arms and Ninja Loans were products of Jimmy Carter, loosening credit techniques to house people who could not afford it. I call it corruption, not deregulation.
As far as Palin, I am concerned she will fracture the conservative vote in 2012. Glenn Beck alluded to the idea that she would run as an independent. If it could ever be done, now is the time. I like her, but I do not want another Ross Perot electing a Bill Clinton situation.
We like Palin. throw all the mud you want to, it doesn’t stick anymore.
Supposedly 2 delegates walked out, no names, no pictures etc…just two nameless people..who cares? If the TWO really did walk out, so what!?! everyone else loved her!!! Some even admitted surprise. For a lefty to admit they were wrong is a milestone!!
The press couldn’t get in , so as usual the EM made up what they had to in order to fill the page. I totally agree, the McCain people cannot be trusted.
…#7…you need to check your history, get the facts straight, and get back with us..
Only 2 out of 1100 walked out, toward the end of a ninety-minute speech? Sarah Palin obviously had then mesmerized. With that big a group I would have expected more to leave before the end due to bladder control problems. Obviously, the people who are developing bladder control problems right now are the folks on the left.
Do not worry about her fracturing the party. She’ll do what she did in AK. She’ll run without the party support… and beat them all handily. Then she’ll beat the Dems with a stick. Past is prologue.
Honestly, do you think such as Romney can beat her? He’s interesting when he waxes wonky, but otherwise, his corporate boardroom jargon is a real downer. He knows not how to reach men’s souls.
Huckabee is more likely to challenge, but he’d be another Bush. I can hardly tell them apart, except that Huck is more coherent. As a Conservative, I could never support his candidacy, even against Obama. We either get the right guy, or simply let the other guy win and further discredit the Dems.
Pleasantly surprised by her speech? Low expectations combined with sensible talk in her speech. So basic. So very easy to understand. Even the MSM could get it. Seriously, what’s not to like? Especially with the developing disenchantment with the Obama administration.
As for McCain’s crew, McCain was, and is, really strong on foreign policy. It was about the only thing he had going for him. I would trust his foreign policy advisors, but no one else.
P.S. I would love to here what people in Israel think of her.
“The big surprise here is the respectful tone of the mainstream media.”
May be because they were sidelined? If they were excluded, they could not take her speech out of context to ridicule her, could they?
I strongly urge readers to google the Arctic Parliamentarian Convention, August 2008, to read about Palin’s presentation to the 15 – 20 nations who attended – and the 200 delagates who met to discuss energy, climate change (that old hoax) health needs of the Arctic Circle nations, plus another one I’ve forgotten. Palin has met with the worker bees of many countries – unlike Obama who only met with the queen bees and since there is no substitute – the drones of the world. Actually, Chavez and Castro are drones – but dangerous ones.
Also, google the state of Alaska’s 50 years celebration dinner in which Palin introduces the many dignitaries in attendance. We forget that Alaska has a rich international history that it currently maintains – unlike other states. I especially enjoyed her aside to the dignitary from Russia – she quipped that it was indeed true that citizens from Alaska could look across the strait – is it 30 miles? – and see the shores of Russia – and vice versa. It was funny.
Matt #33
Read the bill and you will see that there is language for the panel of a motley crew who will study treatments and make recommendations – that is government recommendations – that will be followed by the health community.
I DON’T WANT SOME PANEL MAKING RULES ABOUT MY TREATMENT. IT IS BETWEEN MY DOCTOR AND ME!!!
There are enough complaints today about insurance regulations affecting patients. My mom is a breast cancer survivor yet Medicare allowed her one mammogram per year while allowing one every 6 months only on the side the cancer was discovered. That is just so illogical. If she had cancer on the other side – she’d have had to wait 6 months for it to be discovered.
I have heard that the electronic transfer of medical records has already started using stimulus funds plus the panel to study medical practices and make cost saving recommendations has also begun using stimulus funds – you may call it a “life” panel rather than a “death” panel – but remember that its purpose is to save money.
Of course, ways to save money IMMEDIATELY without spending another dime is to enact tort reform and to start to investigate and prosecute and publicize the fraud in Medicaid and Medicare. We don’t need 1000+ pages to allow us to do that.
The best thing about what Palin is doing is as Marc Malone mentioned in post 39 – encouraging outside voices to get into the debate, despite lack of establishment support.
Perhaps this will encourage grassroots citizenship to step up to candidacy, but in the meantime, it sheds light on the fact that there are alternatives to those lukewarm insiders the establishment is supporting. Their politics range from the Reaganesque conservativism of Marco Rubio or Allen West of Florida to the more libertarian candidates like Peter Schiff of Connecticut, just to name a few. These candidates have a lot of appeal to the grassroots voter, compared to their RINO counterparts such as Florida governor Charlie Crist, who infamously supported the failed porkulus bill, complete with a photo-op yukking it up with Obama a few months ago.
Her commentary is that of a simpleton attempting to inflame the passions of her supporters and her detractors too. Blaming “The Government” for the economic situation is not only simplistically wrong – the reasons for the meltdown are many, and low interest rates and broader encouragement of lending is not the crucial issue. It was the banks making the loans available on a wider basis and irresponsible individuals seizing what was being offered. Also, is her tack a condemnation of the Republican party in power until late? Frankly, I am sick of the “us-versus-them” mentality of Palin and her ilk and though she continues to extend her 15 minutes of fame with these antics, she is no stateswoman, no thoughtful mind, or anything substantial beyond a capable self-promoter. In that she may be a “good” politician and entertainer, but will always be a lousy leader with a dim view and a one-track mind stuck in reverse.
started with low expectation. she said her usual stuff. boring
Bundling payments for dialysis is a subtyle way of installing a death panel
Linda Mae:
“Read the bill and you will see that there is language for the panel of a motley crew who will study treatments and make recommendations – that is government recommendations – that will be followed by the health community”
I believe that’s incorrect – but if you can point me to the text, I’d like to read it (I’m not going to pretend to be an expert). What I HAVE heard about is the collection of statistics on the efficacy of treatments, but I don’t believe there’s a measure in place to make rules on that basis.
If you don’t like those apples, don’t take the public health care option. Private insurers will continue to cover whatever they want to.
I personally have no problem with a panel of experts determining if a drug or treatment is effective as long as the process is transparent and open to challenge and review. That’s how it works in oz and it works well.
“I DON’T WANT SOME PANEL MAKING RULES ABOUT MY TREATMENT. IT IS BETWEEN MY DOCTOR AND ME!!!”
And your insurance company doesn’t do this already? They’ll pay for any treatment your doctor recommends, no matter how expensive, ineffective or unnecessary? Do you even know what your insurance covers?
In practice, this stuff can work very well.
She is the most unpopular public figure in the country. A full 55% of people interviewed prefer to see her out of the public eye. And for good reason.
Wow Trader (Traitor?), quite a diatribe. Project much?
#42 Linda Mae
By all means the final decision should be between you and your doctor, but I think there is one question which applies when one desires to have goods or services. Miss Linda – how you gonna PAY for the $1.6million surgery and followup?
I’m actually with #33 Matthew having arrived in Australia 18 years ago when I faced returning to the states – ie snow, wild lawyers and medical insurance that would take most of my income unless I worked for a corporation or government.
I think ALL sides of politics have forgotten the premise that rights are accompanied by responsibilities. But don’t be surprised when someone reads the “rule book” and finds things that weren’t intended to be there. To their advantage, of course.
“It was the banks”
One in particular comes to mind, Superior Bank of Chicago (owned by the Pritzker family-Penny Pritzker just happens to have been Barack Obama’s campaign finance director) which formulated, with the assistance of Merryl Lynch, all of the sub-prime loans bundled into toxic derivatives which wiped out retirement plans.
Trader Tim-Obama treats you as the evil-doer…you know “us-versus-them” rhetoric.
“Sarah Palin — like a growing number of conservatives — chose to ban the media from her highly-anticipated speech to the CLSA world conference held in Hong Kong earlier today.”
The running chicken shows her feathers again.
What is she hiding? Afraid to show she didn’t know what she was talking about?
Mmmhhh . . .
“We’re not interested in government fixes, we’re interested in freedom,”
Blah, blah, blah
I feel sorry for the attendees, they didn’t their money’s worth. It would have been cheaper to clip any of her past speeches.
The dog has leared new tricks….yea! I suppose she expects that her treat will be the presidency….Keep dreaming.
Governor Sarah Palin gives a private speech thousands of miles from the United States and with no media allowed to cover it. Yet, her speech still has strong reverberations in the U.S.!
Trolls are all over the internet still trying to discredit her. Yet, what she is saying speaks deeply to conservatives in the U.S.- the same people who marched on Washington on 9/12, confronted their members of Congress in August, and have been having Tea Parties all over the country.
Goooooooooooooooo…..Sarah Palin!!!!
Hmmmm
Palin is invited and delivers a speech to 1100 fund managers while the MSM is banned. The MSM working to get a scoop sits outside the hall interviewing attendees that leave early. Presumably they either had business to attend or did not like what they were hearing. MSM cites two attendees critical to the Speaker. After the speech the story changes. That is why the MSM is derided.
Second observation, her first paid speech is to 1100 fund managers. They would presumably manage a heck of a lot of money. This looks like a windfall for Palin’s career. When fundraising time comes she just got 1100 addresses. Go Sarah.
“… but this whole mess is a case of capitalism eating itself”
No, it is a case of state-directed planned economy eating up capitalism. Economically speaking this system is expanding socialism driven by a capitalist auxiliary engine. And now this auxiliary engine starts to stammer. To much bail outs, to much depth. Get back to the gold standard and let the people solve the economy. Hard to do when the only growth industry today is government itself. They do not want to loose their useless jobs. So they will squeeze the people as much as they can. Which means that in the end not only the government is bankrupt but also the people.
Let’s see what a leading newspaper had to report:
“Palin pitch leaves Hong Kong investors unimpressed
Hong Kong Herald
Thursday 24th September, 2009
(ANI)
Hong Kong, Sep.24 : Former Alaska Governor and defeated US vice-presidential candidate Sarah Palin failed to enthuse investors attending the CLSA Asia Pacific Markets Forum – a lavish annual beano where over a 1,000 people come to hear the views of the foremost political and business minds on earth.
Palin’s first ever visit to East Asia began with a monologue that invoked the spirit of former British Prime Minister Margaret Thatcher, and sounded “unmistakably” like a pitch for the 2012 presidency.
Several members of the audience described the speech as “long, humorless and George W Bush-like”.
OMG!!!…of course she banned the EM!!!
“‘Several members of the audience described the speech as ‘long, humorless and George W Bush-like’… HOWEVER!! the press does not have names, video, audio, etc…
This is something the EM came up with as “their opinion” and passed it off as the attendees opinion.
#7: “If anything the government is to blame because they didn’t interfere enough. Sorry to say, but this whole mess is a case of capitalism eating itself.”
No, this whole mess is a case of stupidity eating itself, (which is itself a perfectly acceptable solution) if only it was left to do so. And government is not a solution to stupidity; they’re just another entity who use it to their advantage.
I thought it was a great speech. Mrs. Palins points are intelligent and honest and rightfully presents the American way as an example to emulate. Something that should be expected from any American delegate.
What I find a giggle is the same people who deride obama for being “all style no substance”, drool all over palin simply because she “represents real america”. She doesn’t have to DO anything to achieve that, she just has to keep mouthing the right platitudes. She won’t let anyone interview her because she ends up looking bad. She won’t even let the press ask her questions because she doesn’t know how to answer them. She gives a few scripted speeches and communicates with the world entirely through a twitter account. And she’s supposed to be the future of conservatism?
What is quite scary (to sensible people, of any political persuasion) is that somebody who managed to impress fewer people at the end of her campaign than she impressed at the beginning has a massive grass-roots following entirely because of her symbolism. And you guys STILL have the gall to claim that obama’s stuffed shirt. Unbelievable.
He says things that are nonsensical if totally insane, based on expertise he doesn’t have, the Iranian revelations today are just one example, He defends the tyrants of the world, gives short shrift to people seeking and who have held onto freedom in Georgia, Iran,
#60, I completely agree with you…
I really can’t trust someone who is supposed to be highly professional and in all a leader. Communicating throught Twitter, like a teenager. It’s really funny. I mean does she have a Facebook account and a Myspace as well?? How can someone actually take her seriously.
Man you talk about sore looser!! What adult or professional person actually has a twitter account besides those between the ages of 14 through 29. I know alot of celebrities do, but who are the fans to celebrities, teenagers and young adults.
But really who is following her on twitter, that is hillariously funny. I have tears coming from my eyes from laughing so hard.
But what symbol is she portraying? What is it that people like? She can’t even get through a interview and answer questions, how can she lead a country and secure safety of the inhabitants.
It is in fact scary.. Scary that people are listening and taking her seriously.
This is a case of capitalism eating itself. Its a case because America has no way of solving capitalistic problems; which is what this nation has always faced. But this nation has been said to be a Democracy and again a Democracy can’t solve capitalistic problems. It is quite evident that this capitalistic problem America is in, is due to many problems that stemed from the two BUSH terms meaning father and son. In those time there were wars brought by both presidents.
Desert Storm (BUSH SR.) then a pause for Clinton… IRAQI Freedom (BUSH JR.) then a bankruptcy for Obama and a depressive, unconfident feeling for the rest of us…
I guess the BUSH’s thought of the MILITARY INDUSTRIAL COMPLEX thinking it will bring money, but it actually reversed because that area has one of the greatest natural resources that we use the most OIL… So they raised there prices on the barrels. AMERICA raised there prices on the gas… I will not further elaborate, but it’s all down hill from here.. You can fill in the blanks and you would probably be right— If you use common sense…
That is COMMON sense.
62. vasio:
“What adult or professional person actually has a twitter account besides those between the ages of 14 through 29. I know alot of celebrities do, but who are the fans to celebrities, teenagers and young adults.”
What you said is pretty true, but you are underestimating the value and power of Twitter.
For adults and professionals it’s a new and undeveloped tool. Right now we’re just seen the tip of the iceberg.
Palin has discovered the power of Twitter. This doesn’t make her better because she can’t handle press conferences. She knows it and uses gimmicks like Twitter and Facebook. Again, nothing wrong with that, McCain is twittering like hell now just to show his ‘advanced’ computer skills after years of not using computers. Any six year-old can use these things.
Actually you’ll find that many reporters and not a few political figures have both Facebook
and twitter accounts, but you already knew that.
She re affirms the values and traditions we once
held in high regards, he does everything to tear
down everything. Add to that the idolatry expressed by practically all media, of his trite
mutterings, ‘doctor’s want to take your tonsils out unneccesarily, the cop acted stupidly, inflated tires is the solution to the energy crisis. He puts our finest men and women in harmsway under scrutiny, and he gives the terrorists the benefit of the doubt. He’s the beneficiary of a corrupt network of slumlords, Baathist bagmen, Eastern European currency speculators and other sundry types. She has fought to tame the corrupt oligarchy in her state,
“These candidates have a lot of appeal to the grassroots voter, compared to their RINO counterparts such as Florida governor Charlie Crist, who infamously supported the failed porkulus bill, complete with a photo-op yukking it up with Obama a few months ago.”
I don’t know if you’re from Florida or not, but thank you for stating the obvious that many lifelong Floridians could not seem to see or understand. If only Florida would produce a Palin maybe we could stop trying to copy everything California does.
An Obama voters view of Sarah Palin’s Hong Kong speech. Anyone who underestimates her is a fool.
http://powerandcontrol.blogspot.com/2009/09/she-is-bright-they-are-stuck-on-stupid.html
My current Insurance company has managers who decide gets what treatment.I have been disallowed treatment,what did my Congressman say,I could have paid for the treatment! A sad fact about this? Mid-level managers make more then Doctors.
Also I did not see one reference to Bush’s “home ownership challenge.Mel Martinez bragged about HUD putting 6 million sub-prime loans in circulation in just two years.Bush went so far as to make down payments for these people then only pay interest. Bush believing that home values would outpace the loans even said people could use home equity loans to buy big ticket items the homeowners wanted.
None of this is a secret,unless you get your news from Fox,you just wont hear about all this.
All you have to do is google.
I’ll trade your 15 second Barney Frank sound bite and raise you a dozen or so videos of Bush telling his audience of banking leaders,HUD,Fannie and Freddie to join him in his “challenge”
I can’t believe so many are so programmed as to forget all of Bush’s speeches.
Bush also made many videos about illegals being needed here so badly,remember?
http://rationalitate.blogspot.com/2008/06/wapo-finally-realizes-root-cause-of.html
An assault on free press? There is a very good reason why,the number of and depth of lies told by these “leaders”?
This Woman decided to not lead,she gave up her Governorship for money.The only thing this woman leads is a double life.