Wednesday, September 23, 2009

I Ask, Again, Who Is Writing Sarah Palin's Speeches?

Given some of the things Plain said during the presidential campaign, I can't believe for a minute that she has a rich, deep and clever understanding of free markets. She may not be an enemy of them, but I doubt she could pass the test if fundamental questions were put to her. On the other hand, her speechwriter gets it big time. I say, Sarah Palin's speechwriter for president.

This is what Palin said in Hong Kong today:
How can we discuss reform without addressing the government policies at the root of the problems? The root of the collapse? And how can we think that setting up the Fed as the monitor of systemic risk in the financial sector will result in meaningful reform?” she said. “The words ‘fox’ and ‘henhouse’ come to mind. The Fed’s decisions helped create the bubble. Look at the root cause of most asset bubbles, and you’ll see the Fed somewhere in the background...

Lack of government wasn’t the problem, government policies were the problem. The marketplace didn’t fail. It became exactly as common sense would expect it to. The government ordered the loosening of lending standards. The Federal Reserve kept interest rates low. The government forced lending institutions to give loans to people who as I say, couldn’t afford them. Speculators spotted new investment vehicles, jumped on board and rating agencies underestimated risks. So many to be blamed on so many different levels, but the fact remains that these people were responding to a market solution created by government policies that ran contrary to common sense.
This speechwriter, with a sense of humor, even knows how to handle the view that Palin is not knowledgeable on the issues. Check these words uttered by Palin:

Maybe you’re hoping to hear me discuss the derivations of the formula for effective rate of protection, followed by a brief discussion of the monetary approach to the balance of payments. If time allows, a quick summary of factor price equalization. Maybe some thoughts on quantitative easing, but that’s for next time. Because I have spent my life closer to Main Street. That’s what I want to talk about is that view from Main Street

Bottom line, we have a hardcore, free market team running Palin. I have no idea who they are, but they are very sharp and they get it. The only problem with this kind of set up is the factor of will they be able to control her, or are there others who are whispering sweet nothings in her ear.

The best two words coming out of the healthcare debate, so far, that crystallized the debate,were first uttered by Palin, "death panels". She would be a fool throw overboard the team that is giving her lines like that. Palin's not a deep thinker, but she is not a fool, so we may have a major new front in the fight for liberty that has opened up. So for right now, it's Go Sarah!

(Thanks to Nick)


  1. If you stop to think about it, it is quite possible that it was McCain's assigned handlers that were the problem. Nothing I have heard or read from them since the election inspires anything but mild contempt. One way to check this theory would be to view the speech. If she were parroting lines describing concepts that she barely understood, then she would likely be reading them rote, a la TOTUS. I am well shy of an Ivy League pedigree and I "get it" only too well. Heck, look at the baseball bat wielding "wallstreetpro" for an example of received wisdom among the supposedly unwashed.
    Myself, I think that she inspired genuine fear in the left, and that was the real reason for the full court press in Alaska & the MSM. If I'm wrong, I will be glad to apologize. Until then I will remain in "told you so" mode with all naysayers.

  2. Miss Tonya Harding is Sarah´s new ghostwriter.

  3. Meltdown was a great book. I read it on my way to go moose hunting.