Tuesday, August 09, 2011

The Palin Plan for the financial crisis

Sarah Palin's most recent Facebook post, "Conquering the Storm", directly addresses the financial mess in which our country currently finds itself.  Since no plan was to be found in President Obama's "we're still a AAA country" lecture yesterday, I'll start with a short excerpt from Governor Palin's plan, which is near the end of her post:

We need to get this economy moving again, and the real stimulus we’ve been waiting for is domestic energy development. We must reduce our dangerous dependence on foreign oil by responsibly developing natural resources here. This will provide good paying jobs, reduce our trade deficit, increase federal and state revenue, ensure environmental standards, and actually stimulate our economy without incurring any debt. That’s real stimulus!

There's more to it, and I'm gonna encourage you, gentle reader, to go over to Gov. Palin's full post and read it yourself.

But what of those readers who believe, as some of my friends on both sides of the aisle do, that Sarah Palin has no knowledge about pretty much anything (though certainly some on the other side don't believe this)?  For those people, the governor addresses her qualification to speak on this issue:  she warned that this exact situation would come months ago:

Back in December 2010, I wrote: “If the European debt crisis teaches us anything, it’s that tomorrow always comes. Sooner or later, the markets will expect us to settle the bill for the enormous Obama-Pelosi-Reid spending binge. We’ve already been warned by the credit ratings agency Moody’s that unless we get serious about reducing our deficit, we may face a downgrade of our credit rating.” And again in January, in response to President Obama’s State of the Union address I wrote: “With credit ratings agency Moody’s warning us that the federal government must reverse the rapid growth of national debt or face losing our triple-A rating, keep in mind that a nation doesn’t look so ‘great’ when its credit rating is in tatters.”

There is much, much more to Gov. Palin's post.  Check it out.  And hopefully you will realize that her ideas are indeed worthy of consideration.

(Hat tip:  HotAir.com, "Palin knocks it out of the park", which sums up my feeling on the matter)