Wednesday, September 23, 2009

The World Has A Taste For The Flavor Of Sarah

No doubt Ms. Palin got paid an obscene amount of money to deliver this speech reported today. But if you ask me, it sounds like 80 minutes too much of Sarah.
In a wide-ranging, 80-minute speech to fund managers in Hong Kong today, Palin spoke about issues ranging from Alaskan fishing to energy independence to U.S.-Sino ties. She repeated calls for “market-oriented” health-care reform and said governments shouldn’t regulate executive compensation.

The Fed and the government sent a message to companies that “the bigger that you are, the more problems that you get yourself into, the more likely the government is to bail you out,” Palin said in the closed door speech, according to a tape of the event given to Bloomberg News. “Of course the little guys are left out then. We’re left holding the bag, all the moms and pops all over America.”
Well, right there we see the fundamental flaw in Palin's logic. She doesn't believe the government should control executive pay, but we should be looking out fot the Moms and Pops who will have to burn their life savings to cover the costs of their "insurance" premiums in order to ensure the fat cats at the top are stuffed to the gills with profits? Can you protect the fat cats while watching out for the "little" guys? When Sarah Palin claims to speak for the people, the US of A is in for a bumpy ride.
"I'm going to call it like I see it and I will share with you candidly a view right from Main Street, Main Street U.S.A.," Palin told a room full of asset managers and other finance professionals, according to a video of part of the speech obtained by the Associated Press. "And how perhaps my view of Main Street . . . how that affects you and your business."
Since when does a former Veep candidate, a former Governer who quit, and turned highly paid public speaker represent the "people" of America? I'm left wondering how the people in the "packed" audiance was able to stomach the event, and also how much she was paid to deliver this horse manure.

I've found at least one person who was there discussing it. I'm sure there's more.

Blog on friends. Blog on all.

2 comments:

Kvatch said...

Windspike,

Sorry to use your comment section for this invite, but...

The Frogette and I are, unfortunately, going to say goodbye to the Bay Area mid-Oct, but the Barbarians are getting together to ensure that we walk home on our faces at least one more time before we depart. Any chance you could make it?

October 11th (Sunday) at 2:00p at The Phoenix on Valencia. If not...hope all is well with you and yours.

Cheers,

Kvatch

Anonymous said...


The inside dope

:clip

Reporters were kept out of the investor forum organized by CLSA Asia-Pacific Markets, the regional brokerage unit of Paris-based Credit Agricole SA.

“It was a great speech,” Jonathan Slone, CLSA’s chief executive officer, said. “People got a lot of information” and “are now fully informed on Sarah Palin’s views.”

:endclip

"Fully informed," damning by too faint praise.