Sarah Palin Slams Obama Crony-Capitalism

Only twenty-four hours ago, former Alaska Governor Sarah Palin tweeted a link to an ABC story about a electric car manufacturer from Finland receiving US government loan guarantees that decided to take its loan and its plant home.  As the details have begun to  emerge from the swamp that is the Obama administration, it’s becoming crystal-clear that we have a giant problem in Washington DC.  In a follow-up to here tweet on the issue, Palin has posted a note on Facebook entitled American Crony Capitalism Brings Jobs to Finland.

Her posting begins by explaining some of the linkage that has been revealed to Obama cronies like Al Gore, whose investment capital firm is a partner in the venture.  That’s simply another stunning revelation about how deep the corruption goes.  I’m certain there was probably nothing illegal, since those who right the laws permit these sorts of things, but it’s not merely a matter of law.  It should be a simple matter of right and wrong, and it wasn’t so long ago that decent Americans, including many politicians, didn’t think the law was the only limit on their conduct.  I don’t need a law to tell me some things are simply wrong, and even if they figured out a way to stay within the strict wording of law, they certainly have shredded its spirit.

She hammered away at the obvious corruption and said this:

“It’s bad enough that we borrow money from foreign countries to give to foreign countries. Now we borrow from foreign countries to finance jobs in foreign countries. (This kind of reminds me of the $2 billion assistance President Obama provided Brazil for their off-shore energy developments, while shutting down or blocking much of our own off-shore domestic drilling. He’s in favor of energy jobs in Brazil. But in America? Not so much.)”

Yes indeed, I remember the story quite well.  The main Brazilian company involved is Petrobras, the Brazilian oil monopoly(I thought liberals hate monopolies?) and as an interesting side-note, George Soros has been an investor in the venture, and his timing seems to have been impeccable. Interestingly, it’s a deep drilling operation off the coast of Brazil, much deeper than the Deep Water Horizon that gave Obama the excuse to band off-shore drilling in the Gulf of Mexico.  Isn’t this also a case of the ultimate in crony-capitalism?

This is the game being played in Washington, using your dollars on boondoggles to enrich politicians and their well-heeled friends and family members.  This ought to be stopped.  Sarah Palin goes on to further support her case, before she  concludes:

“Wake up, America, before it’s too late.”

Indeed, America, wake up!

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4 Responses to Sarah Palin Slams Obama Crony-Capitalism

  1. intangiblesoul says:

    I never would have voted for Palin for President, but she does a good job and stirring the pot, and pointing out Obama's failures. She is serving a purpose. Her place in politics is just where it is. She's doing a good job.

  2. Thomas Dixon says:

    I WOULD have voted for her as President. But, she is such a lightning rod for Progressives and some on the Right, her campaign would probably have assured Obama's reelection.

    She is a very smart lady. Plus, she believes in and follows God's plan. You are absolutely right Intangiblesoul ~ "She is serving a purpose…" Throughout the political spectrum, we must have leaders that are all dedicated to the same goal: returning our Republic to its intended state.

    Right now, Herman Cain is carrying the ball (Presidency) while others (Sen Jim Dement, Rep Michelle Bachmann, Rep Allen West, Gov Sarah Palin, et al) are blocking, tackling, running interference, and every other move to enable our team to win.

    We must do our part, too (other than simply vote) if we are sincere in believing we can and must turn this country around. I thank God every day that we have a Sarah Palin and others. They are sacrificing much to lead us.

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