Sarah Palin showed up but, did not share the stage with Newt Gingrich at the Republican Senate and Congressional Dinner in Washington Monday evening. Still, the Alaska governor and former Republican vice presidential candidate managed to have her say before a potentially huge audience.
While Gingrich was headlining the dinner, Palin took the spotlight in a taped Fox News interview that aired as the former House speaker spoke. It’s early, but both of them may be looking ahead to 2012 — or not.
In the twin speeches, Gingrich took on Obama and the Democrats on a range of issues and Palin took aim at the president’s economic performance.
“Kind of a ‘we told you so,’” Palin said when interviewer Sean Hannity brought up a “spread the wealth” comment made by the Democrat during the 2008 presidential campaign.
“When you consider that the federal government is about 11 trillion dollars in debt, and we’re borrowing more to spend more … it defies any sensible economic policy that any of us ever learned through college. It defies economy practices and principles that tell you ‘you gotta quit digging that hole when you are in that financial hole,” Palin said.
Palin said she was disappointed and quite frustrated that, four months into the Obama presidency, she has not seen action to rein in spending or slow the growth of government.
“It’s expanding at such a large degree that if Americans aren’t paying attention, unfortunately our country could evolve into something that we do not even recognize,” Palin said.
“Socialism?” Hannity asked.
“Well, that is where we are headed,” Palin said. “That is where we have to be blunt enough and candid enough and honest enough with Americans to let them know if we keep going down these roads… nationalizing many of our services, our projects our businesses, yes that is where we would head.”
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Photo credit: Hans Deryk (Palin at 2008 Republican Governors Assoc. Conference)

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“Socialism?” Hannity asked.
“Well, that is where we are headed,” Palin said. “That is where we have to be blunt enough and candid enough and honest enough with Americans to let them know if we keep going down these roads… nationalizing many of our services, our projects our businesses, yes that is where we would head.”
Alaska is unique in having a vigorous wealth redistribution system. The state offers collective ownership of natural resources, which in turn generates revenue for the state. Using the Permanent Fund, the government distributes the natural resource rents to the general public.
Furthermore, Alaska’s Clear and Equitable Share (ACES) programs helps redistribute windfall oil profits, bringing in so much money that the state needs no income or sales tax. This year ACES will provide every Alaskan with a check for an estimated $1,200. Sarah Palin openly boasts about giving oil money “back to the people”, and then goes on Fox and accuses the Obama administration of “heading towards socialism?” The hypocrisy here is staggering.
- Posted by SatyamThis whole argument is idiotic. The article is about Palin, somehow she has been equated to Bush, do some research, they’re pretty different. Moreover, assuming the argument WAS Bush vs. Obama… WHY? Bush sucked, why is it legitimate for you ridiculous liberals to assume you’re winning some huge victory in proving that Obama is better than a horrible president? I wish NEITHER of them had ever been president in a lot of ways, but I’ve been saying to my friends lately that I’m GLAD we have Obama, because I don’t think our country NEEDs a good president right now. How enlightening is it for Americans to see that both Republicans AND Democrats are capable of being HORRIBLE presidents? We get to see Bush fail and we’re certainly seeing Obama fail. He’s Roosevelt and Kennedy all over again. Any economist would agree that if Roosevelt had just left it alone, the economy would have kicked back. Also, people seem to forget that our beloved Kennedy used all his charisma to put more troops in Vietnam. What good is a charismatic socialist? None, not in this country, not any better than a hick from Texas with a big name, who cares if he’s not worse? They both suck.
- Posted by Gus