(CNN) – Former Alaska Gov. Sarah Palin took quick aim at new stimulus money announced Thursday by the Federal Reserve, calling the new attempt at spurring the nation's struggling economy a "sugar fix" designed for political gain.
It's the second rebuke in as many days from Palin, who late Tuesday took President Barack Obama to task for his handling of attacks on American diplomatic missions in Egypt and Libya. She wrote on her Facebook page if Obama "doesn't have a 'big stick' to carry, maybe it's time for him to grow one."
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In that post, she also harked back to one of the most famous lines from the 2008 presidential campaign.
"Apparently President Obama can't see Egypt and Libya from his house," Palin began, mimicking a line Tina Fey used to mock her on Saturday Night Live.
In Thursday's post, the 2008 GOP vice presidential nominee wrote Obama "is clearly revealing his rapid loss of any grip on the economic and security issues that are of utmost importance to our country."
"His economic and foreign policy blunders are manifesting chaos," Palin continued. "On the same day when we see more chaos erupting in the Middle East and President Obama declaring that Egypt is no longer considered our ally, the Federal Reserve announced that it will spend $40 billion a month to purchase mortgage-backed securities with no end date set. QE3 is upon us."
While presidents appoint chairmen of the Federal Reserve to a 14-year term, the bank operates independently of the government, and presidents traditionally do not comment on the actions taken by the bank's board. Actions taken by the Fed do not have be approved by the president or Congress.
That fact didn't stop Palin Thursday from casting the news stimulus as blindly political.
"Is it any wonder that the dollar is down against major currencies?" she asked. "This temporary, artificial economic 'stimulus' bought at the expense of high inflation is no substitute for a stable currency and genuine long-term economic recovery. This is what happens when big government centralized planners try to "plan" our economy."
"President Obama is no doubt happy, though, that this latest sugar fix comes 53 days before the election," she concluded.
Well isn't that special? She can put her name on a string of misrepresentations written by someone else and then CNN will broadcast them for her just in case you missed her posts. Lovely.
But boy, do not come and get that highway to Nowhere. You Betcha!!
Palin never lets facts get in the way of her public statements. And to think that she was once in a position to be a heart beat away from becoming our president.......and a number of people actually voted to make that happen.......well that just keeps me awake at night!
CNN,.. Why are you wasting precious space and time with this twit,..she's like a bagpipe,..full of air, and makes an awful grating noise.
"While presidents appoint chairmen of the Federal Reserve to a 14-year term, the bank operates independently of the government, and presidents traditionally do not comment on the actions taken by the bank's board. Actions taken by the Fed do not have be approved by the president or Congress.
That fact didn't stop Palin Thursday from casting the news stimulus as blindly political."
True, the FACTS never have gotten in the Quitta's way, especially when they don't conform to her version of reality.
Palin = Quitter, Liar, Mooch
Why are we still giving press time to this hack? She had her 15 minutes of fame four years ago and both parties want her to just keep her mouth shut.
Her lips are moving but all I hear is bla, bla, bla...
She need to go back and crawl under that Russian rock she saw from her house.
CNN – PLEASE – we are begging you to NOT print another word this idiot spews!!!
it isn't so much of a sugar fix as it is rat poison...
and then people will wonder why their food and fuel costs are going through the roof. the dollar is going to be worthless pretty soon. i'll bet silver and gold prices climb on this news.
the government money bubble will eventually burst and take us all with it.
Sarah is getting back into the news just in time. I think we all needed some comic relief. And Romney clearly needs her “help.”
Show us your tax returns for the last 20 years Willard!!!!!! You are a criminal for not disclosing your off-shore accounts!!
1 Euro = $1.2997 Dollars
Apparently she is correct. Even with with the Euro in turmoil..
Hey Sara - how you and Glen Rice doing these days? ha ha ha ha ha ha
Mitt's Unfit. Mitt's Unfit. Mitt's Unfit. Mitt's Unfit.
She really needs to be in a rubber room with 24/7 care
robme is the male palin
forget tax returns. I want to see Mitt's mental health records after that disgusting pre-recorded stammering, stuttering, speech the other night. He went totally catatonic at one point, unable to say a word or think what word he wanted to use.
CNN please stop giving this nut air time.........she is a glory grabber, and wants to be in lime light..........
So these fools, that send her money to live the high life, will keep sending her money.............
Please stop giving her air time............Obama Biden 2012 yea.......peace out.
Oh please, let Caribou Barbie talk (once again) about things that she is grossly unqualified to comment on
Who is Sarah Palin, again?
The woman didn`t know that the queen of England wasn`t the head of British Government. When being considered for Vice President, she had NO IDEA what the roles & responsibilities were. And as far as the "FED" goes: she didn`t have a clue as to what it is OR what it does.
Now, a big stick? I think Glenn Rice gave her an introduction to those relations about 20 years ago. She must could do with a refresher course.
I recall once that Palin made reference in Arizona about the president not having the "gonads" as she put it to get things done on immigration. Now she goes to the "big stick" reference. Me thinks perhaps she needs to have a talk with Todd because obviously something here is not right and her focus needs to be elsewhere.
You're quoting Sarah? Really?
Frankly, she is much preferable to Romney and Ryan. They are all totally ridiculous, but at least Palin looks good in her
own primitive way.
They love to criticize you, yet they never come up with any plan of there own.