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. Marie MD

    What? That traitor husband of hers is not good enough for her now? Is she going back to Rice again?
    Who gives a rat's behind about this woman CNN? Stop it'!!!!!!!!!!!!!!!!!!!
    Didn't she say that mentioning her name diminishes her?

    September 13, 2012 03:36 pm at 3:36 pm |
  2. Jess Sayin

    CNN must have a love affair with stupid repubes, always giving Palin a grandstand. Her view point is moot, considering she quit her governorship for reality TV. CNN, Palin doesn't matter anymore.

    September 13, 2012 03:36 pm at 3:36 pm |
  3. D. Johnson

    Really CNN...why do give this woman the time of day? Enough already.

    September 13, 2012 03:36 pm at 3:36 pm |
  4. Debbie

    Palin doesn't understand the Fed or pretty much anything.
    She would be embarrassed if she knew anything, but she doesn't.

    September 13, 2012 03:36 pm at 3:36 pm |
  5. Will

    Trash her if you like but she is telling the truth you bunch of sheep. It is a sugar high on borrowed money to prop up our feckless leader – Obama.

    September 13, 2012 03:37 pm at 3:37 pm |
  6. Ron

    Why does anyone pay attention to this woman? Sure she's pretty and charismatic. So is my wife, but I wouldn't vote for her for v-p. Can't Fox find some other commentator who actually has some political sense? MSNBC certainly is left of center. But they do actually discuss opposing viewpoints. Where does this happen on Fox? Rachel Maddow was canceled by Hannity. If you want a woman as a commentator, why not her? (And did Hannity ever get waterboarded as he promised he would? Another Fox blowhard.)

    September 13, 2012 03:37 pm at 3:37 pm |
  7. Obama's America 2016

    And all these people putting Palin down highly approve of Biden.

    How ironic.

    September 13, 2012 03:38 pm at 3:38 pm |
  8. abbydelabbey

    Every time Palin opens her mouth I am soooo grateful she never became V.P. McCain, shame on you for giving this fool a national platform. It undoes any good you ever did.

    September 13, 2012 03:39 pm at 3:39 pm |
  9. bosfaninva

    I'm expecting Mitt to order a hit on Palin to shut her up! She is the gift that keeps on giving...to Obama!

    September 13, 2012 03:39 pm at 3:39 pm |
  10. jk in MN

    I see she misses the attention. What a puke!

    September 13, 2012 03:39 pm at 3:39 pm |
  11. Obama's America 2016

    CNN, One of the Obama administration's propaganda machine.

    September 13, 2012 03:39 pm at 3:39 pm |
  12. Jason

    I wonder how many of her supporters (who are left) still think she knows more than a bag of rocks. And how many ex supporters realize how stupid they were for even thinking she could be anything more than a tree stump. Palin is one of the best jokes that keep entertaining the masses. You go girl!

    September 13, 2012 03:39 pm at 3:39 pm |
  13. Christine

    Sarah is living proof that physical attractiveness doesn't necessarily translate to having possession of higher intellect.

    September 13, 2012 03:39 pm at 3:39 pm |
  14. Frankie

    Why are people still paying attention to her, as in her words, "just demeaning themselves".

    September 13, 2012 03:39 pm at 3:39 pm |
  15. Jeffrey Reel

    Do people still care what she says?

    September 13, 2012 03:40 pm at 3:40 pm |
  16. mmad5camp

    I wonder how much Mitt/Karl is paying her to open her trap?

    September 13, 2012 03:40 pm at 3:40 pm |
  17. GI Jane

    Seriously, CNN does itself a grave disservice by continuing to cover Sarah Palin. She's the Honey Boo Boo of American politics.

    September 13, 2012 03:40 pm at 3:40 pm |
  18. steve

    Sarah apparently has grown a few big sticks herself.

    September 13, 2012 03:40 pm at 3:40 pm |
  19. Sniff.s Hits

    gee, where's the headlines for the increase in jobless claims...yeah hidden away somewhere on cnnmoney...while we get all kinds for stories on distractions..."IT'S THE ECONOMY STUPID"

    September 13, 2012 03:41 pm at 3:41 pm |
  20. emmy

    Is this the same Sarah Palin who was rendered irrelevant at the GOP convention?

    September 13, 2012 03:41 pm at 3:41 pm |
  21. Anonymous

    someone please tell her her 15 minutes are up!

    September 13, 2012 03:41 pm at 3:41 pm |
  22. ExRepublican

    Palin you are disgrace to our country just like Romney/Ryan please start talking about our great president Obama.
    4 More Years Obama/Biden 2012

    September 13, 2012 03:42 pm at 3:42 pm |
  23. Jason

    Hey Sarah! What newspapers do you read?????

    September 13, 2012 03:42 pm at 3:42 pm |
  24. alicia

    Why is this lady even allowed to spew her misinformed ; ill advised rhetoric. She doesn't even know what the Fed is nor what it does. All she knows how to say is the black guy did it.. smh

    September 13, 2012 03:42 pm at 3:42 pm |
  25. Gary

    Why is a person that failed as many times as she has still relevant in the political arena and why on earth does the media continue to give her coverage? I've had more public success than Sarah Palin has and I have never ran for an office. I blame the major networks for turning our political establishment into a 3 ring circus. You've reduced the best governing experiment in the planet's history into the equivalent of Jersey Shore.

    September 13, 2012 03:42 pm at 3:42 pm |
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