After 'big stick' rebuke, Palin goes after new stimulus
September 13th, 2012
02:38 PM ET
2 years ago

After 'big stick' rebuke, Palin goes after new stimulus

(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.


Filed under: President Obama • Sarah Palin
soundoff (470 Responses)
  1. LMC

    This is criticism from someone who couldn't/wouldn't carry out her full term as governor!

    September 13, 2012 03:17 pm at 3:17 pm |
  2. kayla

    palin should know about big stick (GLEN RICE)

    September 13, 2012 03:17 pm at 3:17 pm |
  3. mb2010a

    Will someone please put a crosshairs on this freak of nature...

    September 13, 2012 03:18 pm at 3:18 pm |
  4. Obama's America 2016

    QE3, Proof this administration is trying to buy the rest of America.

    September 13, 2012 03:18 pm at 3:18 pm |
  5. CitizenAJ

    Just reading what she wrote, you see that it is the writing of a half wit. Get this woman out of the news. This is the image the U.S. wants to project as a leading figure in this country. You are giving an idiot a stage. Why?

    September 13, 2012 03:18 pm at 3:18 pm |
  6. rta

    the media should stop reporting what this mean spirited , irrelevant dummy says about anything. she was not even important to be invited to the republican convention and guess what she will never be in charge of the country.

    September 13, 2012 03:19 pm at 3:19 pm |
  7. SeeThruIt2

    After the Fed announcement, US Treasury bond yield started rising, the dollar went down against the Euro and Pound, and stocks started rising. That means the taxpayers will pay more to finance our debt, and investors are anticipating inflation.

    Unfortunately, Palin is correct. QE3 is a bad move for longterm economic stability.

    September 13, 2012 03:19 pm at 3:19 pm |
  8. John N Florida

    15 minutes has long been up on this bimbo.
    Is Roger still actually PAYING her?
    It can't be for ideas and thought?
    What else is she selling?

    September 13, 2012 03:19 pm at 3:19 pm |
  9. Steve in texas

    She'll be posting on My Space by the end of the year.

    September 13, 2012 03:21 pm at 3:21 pm |
  10. James Napoli

    Unfortunately Palin offers nothing to benfit the national dialogue and debate on any issue. And her ignorance is profound. She clearly does not understand how the Fed Reserve operates nor its duties. Not exaclty a pundit on the foreign affairs either. Hey that is why she is perfect for FOX news; all she can do is ridicule.

    September 13, 2012 03:21 pm at 3:21 pm |
  11. mb2010a

    We all know where that mouth has been...

    September 13, 2012 03:23 pm at 3:23 pm |
  12. Btie

    here we go....looking for some attentions...please go away no one wants to hear what you have to say...and apparently we can see you stupid!

    September 13, 2012 03:23 pm at 3:23 pm |
  13. Laverne

    Palin is so childish, she hides behind facebook post on petty issues that have no significance at all and does not add a thing to any intelligent conversation of debate. She is worse than a 16 year old girl! I am still amazed this is the person John McCain tried to put 2nd in command to lead the US. Actually I know 16 year olds who are more engaged and intellectually curious than his woman. She never comes out unless it is to say something hateful, divisive or snarky and she wonder why NO ONE takes her seriously. This woman has the IQ of a rock!

    September 13, 2012 03:24 pm at 3:24 pm |
  14. Anonymous

    Just when I thought she had gone into hybernation for the winter in Alaska, she sticks her head out opens her big mouth and shoves her fat foot in it. I was on the fence about whom to vote for but now I will go with Obama just because of her and other Republicans like her(including Romney).

    September 13, 2012 03:24 pm at 3:24 pm |
  15. John B

    Former Governor Palin, theres an excellent reason for the former tag ! She was an idiot ! The people in Alaska were embarrassed to claim her as a fellow Alaskan.......
    Someone please put a zipper on her yappy trap ! John McCain had a chance to be president until this floozy came on the scene !

    September 13, 2012 03:24 pm at 3:24 pm |
  16. gino

    Twits twit as twits twit. Go kill a moose or something.

    September 13, 2012 03:24 pm at 3:24 pm |
  17. simp

    CNN why in the hell do you follow this stupid, stupid woman and give her air time on your show? This idiot is so irrevelant but your show keeps her alive just like fox news keeps her alive. I have no desire to even hear the name palin but you and fox obviously think she is news worthy. This dim wit is the tea party and repbulician party biggest embarrassment, LOL

    September 13, 2012 03:24 pm at 3:24 pm |
  18. EPAB

    Does anybody with a functioning brain pay any attention to this clown?

    September 13, 2012 03:24 pm at 3:24 pm |
  19. Ty

    CNN Why is she on your ticker......waste of time.

    September 13, 2012 03:25 pm at 3:25 pm |
  20. berlin124

    For you guys talking about Glenn Rice, did you mean Glenn Beck?

    September 13, 2012 03:25 pm at 3:25 pm |
  21. NOTADEMOCRAT

    Libya arrests Gaddafi allies for US Embassy attack!!
    Wait for it...

    September 13, 2012 03:26 pm at 3:26 pm |
  22. TJC

    I'd like to thank CNN for reporting Ms. Palin's comments. Reminds me how thankful we all should be that she never got the chance to be ONE HEARTBEAT AWAY from the presidency.

    September 13, 2012 03:26 pm at 3:26 pm |
  23. 1twinsfan

    Where did Palin post this again? Facebook. Well that says it all, doesn't it?

    September 13, 2012 03:26 pm at 3:26 pm |
  24. Enrique

    Who is Sarah Palin?

    September 13, 2012 03:27 pm at 3:27 pm |
  25. Tree

    Here she goes again.......

    September 13, 2012 03:27 pm at 3:27 pm |
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