Another side of Sarah Palin: financial guru

October 8, 2009

The Financial Times, the salmon-colored authoritative newspaper that is closely read by traders and other financial types around the world, had an eye-opener for readers this morning. USA-POLITICS/PALIN

It wasn’t the front-page, four-column wide headline, “Obama’s critics pounce on falling dollar as fears grow over currency.”

It wasn’t the graphic showing a red downward line over a dollar bill.

The jolt comes at the start of the second paragraph in the top story of the day on the dollar, “Sarah Palin….”

The newspaper, whose articles can move markets, quoted the former Republican vice presidential candidate and ex-Alaska governor from her Facebook post on the need for energy independence. Palin links the dependence on foreign oil and large U.S. deficits to declines in the dollar .

“We can see the effect of this in the price of gold, which hit a record high today in response to fears about the weakened dollar,” Palin wrote.

Palin’s power for using her Facebook page to affect public opinion is not to be taken lightly. Remember “death panels” which turned the healthcare debate into rabid townhall meetings this summer — that phrase emerged from Palin’s Facebook page.

Others quoted in the same Financial Times article offered an opinion about Palin’s opinion.

Norm Ornstein, an analyst at the American Enterprise Institute, was quoted as saying there may be a legitimate debate over the dollar’s reserve status, “but Sarah Palin is not qualified to participate in it.”

What do you think of Palin’s financial comments? Is she qualified or not? Is her Facebook platform an effective political tool?

Click here for more Reuters political coverage

Photo credit: Reuters/KTUU-TV (Palin announcing her resignation as governor in July, video frame grab)

167 comments

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Palin is absolutely qualified….she was the Chief Executive over the State of Alaska, who had the political instincts to “take on” Big Oil and win. Furthermore, I would rather listen to her common sense, pragmatic, “cut-the “B.S” approach than waste anymore time trusting the “head in the clouds” pseudo-intellectual blabber that’s coming from the financial elites who got us into this mess in the first place.Don’t bother to throw “the economic policies of George W” in my face. I never voted for him either; I am a recovering liberal Democrat who is weary, tired and frustrated, and who just wants a real human being who hasn’t been corrupted by Washington and whatever surreal nonsense they are teaching in the Ivy League schools.I don’t want to live in some political visionary’s “nebulous Utopia.” I want America back…where you work hard, earn you way up the ladder and government keeps it’s nose out of your business.Laugh at me, mock me, demean and denigrate me all you want, but plain-spoken, small town, moose huntin’, commercial fisherwoman Sarah Palin is looking better and better to me every day.

Posted by Leigh | Report as abusive

This guy is exactly the type that came up with great ideas like TARP and Stimulus Plan. We don’t really know who is paying his tab (BofA, GS, or Big Pharma). It’s just like what Palin told Obama after saying his Community (Think tank) Organizer job was important: “Except being a Governor, you have actual responsibilities. The women was the governor of a state for crying out loud. She is one of the last people to actually make budget cuts and not just promise them. It must really bother Norm that using basic budgeting and common sense Alaska $ was in great shape. Hey Norm, I’ll cut you some slack for this one. I mean if everyone would do the same thing, and find out that bobble heads like you are useless. Maybe you need to open the hatch to that tank and come out for a look at the real world.

Posted by Dorota | Report as abusive

[...] Front Row Washington » Blog Archive » Another side of Sarah Palin … [...]

Three times Sarah Palin has proposed a budget, sheparded it through the legislature, and signed it into law. And all three times the budgeted expenditures were less than in the previous year’s budget, in non-adjusted dollars.I want someone to tell me of any other governmental chief executive, be it mayor, governor, or president, who has done that even once.Sarah Palin has the financial chops to go against anyone, because she has shown more fiscal responsibility than anyone in government. Period.

Posted by Glen | Report as abusive

I am quite sure that Mr. Ornstein feels I am not qualified to have an opinion either, but I didn’t vote for him either. I don’t need some pseudo-intelectual telling me who is qualified to state the obvious. If we keep sending all of are money overseas to pay for oil that we could be producing here then we will see a continued decline in our net worth, and our children will have futures as slaves to a devalued dollar working in a business owned by some other country. We have almost swandered the freedom and prosperity left by our fathers hard work and blood.

Posted by Joshua | Report as abusive

With the Palin clan now showing a much more astute opportunistic talent for money-making wheeling and dealing and optimizing their 15 minutes of fame I think we are seeing that wonderful aspect of the American Dream and why the economic recovery is a certainty.This one story of ‘An American Life’ will generate more advertising dollars, talkshow celebrities, ghost-writer interest, Playgirl centerfolds and months of CNN analytics to become a small empire in itself. Thank you John McCain for the entertainment!We can see now where dollar priorities over-ride so much of the Palin clan’s loyalty, their committments and responsibilities not only to each other but those they proport to want to govern.While Mrs. Palin may have held a small chance shot at the presidency while governor, her sudden and erratic resignation in favour of a 7 million dollar book deal was clearly a signal that for all her ‘common sense’ she can simply never be trusted in a high position of real responsibilty. Half her Facebook contacts are likely the opposition just keeping tabs on her to exploit her more ridiculous comments.And speaking of ‘common’ sense , this quality people often admire as some kind of cherished ‘Joe Sixpack/Plumber’ form of logic is dangerously naive and hardly an altenative to well thought out strategies and the wisdom that comes from experience and following through with your commitments.It is really quite simple to read the tea leaves here; quitting as Governor for the reasons Mrs. Palin did totally discredited her politically and while she will always garner a fan base as any celebrity does it is meaningless to those who look for wisdom, consistency and leadership in governance.

Posted by Northerner 007 | Report as abusive

Well said Leigh.By the way who is this Norm Ormstein or better who does he think he is?

Posted by Christ | Report as abusive

To be fair to her, she is qualified to make a comment as she was a governor of Alaska. Having said that one has to look at her record to see if her statements are consistent and whether she generated meaningful debate. Here her record is a mixed bag, not very inspiring as she did not have her facts at her finger-tips and was on many occasions a positive embarrassment to John McCain’s campaigh. If he had chosen a more accomplished running-mate, his chances would have been better. Too late to cry over spilt milk. Perhaps Sarah Palin could learn some valuable lessons but she has a steep hill to climb. President obama is head and shoulders above her in compassion and intellect. But the choice is down to the American electorate.

Declines in the dollar are due to large US budget and trade deficits, and cause gold to appreciate. Well done! A successful kindergarten graduate. My money is on the grownups.

Posted by Satan | Report as abusive

I can’t believe this is a serious article. People who have studied economics at the world’s most prestigious institution got it wrong. Some of the most respected men and women who have spent a lifetime actively involved in the global financial fiasco have no solutions. And the Moose hunter from Wasilla makes it to the Financial Times as a serious commentator? How about Glen Beck for a follow up analysis of the future of minimally invasive surgical procedures? This has to be a joke.

Posted by Reg | Report as abusive

I agree 100 percent with Leigh, except I’m not a “recovering liberal Democrat.” I’m an Independent. Sarah Palin is pragmatic, has guts, and truly cares about where our country is going. She’s not afraid to stand up and say so. She’s not afraid to fight for Americans. She may not be a “financial guru” but she is bringing important issues forward, so they can be recognized by the people, and debated by the gurus. I’m glad she’s speaking for America. I’m glad she’s pointing out these issues. We’re losing control of our country at the hands of those who obviously are not acting in the best interests of the people of this great country. Thank you Sarah!

Posted by Denise | Report as abusive

Sarah Palin is right, I think this article backfired on Tabassum Zakaria, and whoever this other guy is.Somehow you thought people are going to bash Palin, but she is right and has guts on this matter.Silly childish article.

Posted by Ian | Report as abusive

It’s a good thing all the Palin supporters don’t watch her interviews. Where they ask her tough questions about why she spent so much of the state money to pay for a lobbyist in washington dc, about why she mocked North Dakota for getting federal funds to study the DNA of bears when she was getting federal funds to study the DNA of seals, about how big of a supporter of the bridge to nowhere she was until the public found out more about it, about how many federal dollars Alaska has gotten per capita person and how it’s higher than just about any state.So I’m glad all you are happy that your tax dollars have gone to Alaska thanks to ex-governor Palin, rather than have your taxes cut or used at least in your own state.Signed,Michael Ham, an actual conservative.

Posted by Michael Ham | Report as abusive

Reg, you posted “People who have studied economics at the world’s most prestigious institution got it wrong. Some of the most respected men and women who have spent a lifetime actively involved in the global financial fiasco have no solutions.”So we should listen to them for another 50 years?I think I’ll give the Back to Basics idea my backing.

Posted by Anthony | Report as abusive

It is about time that the rhetoric surrounding Sarah palin’s miss spoken comments to Katie Couric during that historic interview are now in the past and she is recognized not for her obvious beauty, but for her basic intelligence and logic.

I too agree with Leigh, and I feel your recovering liberal Democratic pain. That said, there has to be something between surreal visionary nonsense and Governor Palin.Certainly we need to return to our (United States) down-home values of hard work and innovation, but not at the expense of our social progress.In particular, while Palin may offer a refreshingly pragmatic view on financial markets (and she’s certainly not breaking any new ground here), from what I’ve seen she lacks the necessary “vision” to tackle a more pressing concern – the ability of humans to sustain our economic activity in a word with finite resources. In this regard, I would like to have a few “Ivy” brains working.

Posted by MhD | Report as abusive

What exactly is Palin qualified to comment on? It’s one thing to express her “opinions” but to take her words seriously on the national or global stage would be a mistake.

Posted by Ben | Report as abusive

Give me a break! She’s from Alaska and has no knowledge of any global financially related matters. This is just an attempt to make her look like she’s actually doing something worthwhile, when we all can see right through it. She couldn’t answer any of the debate questions pertaining to finance with any authority at all. Have you folk all forgotten that?

Posted by Frank | Report as abusive

It’s a major fallacy to attack the person. In fact, it is the Straw-man fallacy. Sarah Palin could be the least qualified person in the world (hypothetically) but that doesn’t make her wrong. Instead, ask what the truth is concerning the decline of the dollar. That is a far more pressing issue than Sarah Palin’s credentials.

Posted by Greg | Report as abusive

Wow. All we need to do to increase the value of the dollar is increase the interest rates in the US.People put money where the rate of return is the highest, and a high interest rate increases the demand for dollars, which drives up the currency value (exchange rate) relative to other currencies.BUT, when the dollar goes higher, it makes US-made products more expensive for foreign buyers, and so it reduces how much we can sell overseas, and how quickly our economy can recover. It also makes US corporations want to move jobs overseas, since labor is so much cheaper overseas if their currency is weaker.That Sara Palin thinks a strong dollar equals a strong country only works when the standard of living is supported by cheap imports (which ship US jobs overseas).A strong dollar DOES allow the US to easily borrow money from other countries to finance a deficit, though. Which is why we got into such a pickle under Reagan. The money was just too easy to borrow with the strong dollar.There ARE economic disadvantages to a weak dollar, in that it forces us to get serious about our deficits. But the benefit to a weak dollar is that it generates REAL economic growth here at home. One other note:If you don’t like immigrants, a weak dollar will help your cause. Immigrant workers are attracted to countries with strong currencies since it makes what they can send back to their home country worth so much more back there.So. Yes, Sara Palin is either counting on people not understanding economics — or she really doesn’t understand herself.It’s crazy that what she’s advocating in terms of currency policy would make all her other goals fail! Specifically US jobs and economic improvement at home. Fewer immigrants coming here.I really try to be supportive of women in power — and I love how charismatic she is. I just really wish she had some more brainpower. Fooling herself into thinking extremist policies work is using way too much of her mental bandwidth.Her thought processes remind me of the convoluted mathematical equations needed to prove that our solar system revolved around the Earth instead of the sun.

Posted by NoName | Report as abusive

She is definitely qualified, as the Leigh expressed. Not only she is qualified because of her prior experience but because she truly represents the vast majority of Americans that use “common sense”. Look, it does not take a rocket scientist to understand money and how it operates; it only takes a bit of common sense and some rationalizing to see how money works. Unfortunately, in DC money operates under different premises, a lot of emotions, very little common sense and tons of lobbying.

Posted by Vic | Report as abusive

She is a joke

Posted by Bob | Report as abusive

Since Sarah Palin didn’t write the FB note or read the referenced material, why is this being discussed?

Posted by Sallye | Report as abusive

First things First,… the OBVIOUS.Palin does NOT write those rants/screeds on Her Facebook. So you can not discuss those Topics and attribute them to her. The credit does NOT belong to her.A number of Ghostwriters post those for her and therefore are not her ideas.If you think they are her ideas there is a simple way to prove it. Put a microphone in front of her at a ‘ legitimate’ Press conference and let her explain them. Lets see the words come out of her mouth. Seeing is believing.Would she agree to the Press conference and embarrass herself AGAIN… NO!

Posted by honestyinGov | Report as abusive

The last time unemployment was this high was under Regan. While the economy was weak under Carter, Regan had three years to fix it before it reached *higher* levels than we see today. In response, he crushed labor, reduced emissions standards ( thus increasing consumption, and oil dependence ), and increased the deficit dramatically. Since Obama inherited two wars AND a recession from dubya ( who inherited a surplus from Clinton ), compared to Regan, who had no wars ( unless you count Grenada ), presumably the difference is that Regan was a terrorist-lover? I’ll try to ignore deregulation/failure to regulate the atrocious financial practices under dubya, that got us here ( “We’re not in a recession” ).

Posted by Mike | Report as abusive

My family has been in finance since the mid-1700s. Anyone who thinks Sarah Palin is a “financial guru” needs to contact me because I have this bridge I wish to sell them.Numerous folks who serve on the Trust Board that she was on for a brief period (6 months) noted that she contributed nothing and never had any comments regarding the operations of the Trust she served. Sarah Palin offering financial advice is the equivalent of putting a screen door on a submarine.

Posted by John P. Crowley | Report as abusive

I’m sorry, but Palin’s FB entries are probably paid for by the RNC. She’s spouting the party line and hoping to keep her name in the news to sell books. Drilling for oil (that would be sold on the WORLD MARKET ten years from now) will have no impact on today’s dollar. Look at how many rigs are idled by the oil/gas companies right now because the prices are down.Palin seems to forget that it is not the Federal Government that owns that oil, it is her buddies at BP, etal and they will sell it where THEY make a profit.Given that she fought to renew the AK LNG export license, I find it hard to believe that her agenda is anything other than getting rigs into ANWR (perhaps she still has a comission due if the wrangles that one).

Leigh and Glen are spot on, and if it were not for the grammatical mistakes, one would think that Northerner 007 is a ghost writer for Ms Zakaria. The typical leftist sarcasism and calling the kettle black, by denigrating Sarah Palin’s experience. Nobama has zero executive experience, and has never managed anything, and can’t even speak without his teleprompter. Sarah had one of the highest approval ratings of any governor in the US, Republican or Democrat. As the Executive Director of the State of Alaska she understands more about budgets, energy, spending, and economics than Obama and all his 31 Czars. This is the guy who is such a spineless indecisive coward that 60% of the time in the senate record he voted Present. This is the guy who wants to tax the greatest sources of energy America has and put thousands of people out of work in coal and oil industries. This is the guy who appointed Van Jones, a convicted felonist and self-proclaimed communist as Czar, and worked for ACORN. I’ll take a down-to-earth hockey mom any day. Obama has spent more in seven months than Bush did in 8 years, with two wars and 911 and Katrina. There is a reason they say “Tax and spend like a democrat.”

Posted by Loren | Report as abusive

she is raising the alarm that needs be!!!

Posted by larry | Report as abusive

My first question after reading the above article is ” Who is Norm Ornstein?”Sarah Palin may be wrong or right; who is he to say that an American citizen is not qualified to discuss the dollar.The dollar is declining. Does anyone think we should just go on with “business as usual?” and leave the handling of the dollar to Norm Ornstein

Posted by Robert Black | Report as abusive

palin’s not qualified to speak on the subject? she left the govenor’s office with a $30 billion surplus. compare that with the shape of the federal govt. when bush left office, and compare it to the even worse shape obama’s got us in in less than 9 months. i’ll stick with palin and you can listen to all your experts spout off about their degrees from prestigious schools that evidently taught them nothing.dennisintn

Posted by dennisintn | Report as abusive

Sarah isn’t even talking about finance here, though it might appear so to the uninitiated.Everything Palin says falls into one of three categories:1. Personal attacks on people who have slighted her2. Personal attacks on people who have not slighted her (this would include President Obama)3. Drill Baby, Drill (this includes all economic theories, foreign affairs and diplomacy, states rights, and of course our God-given responsibility to use all those resources he put in the ground for us).Her latest facebook post is just another way of saying #3. In the future, when her handlers give her back control of her Twitter account, I recommend they just have her Tweet a number each day.

Posted by Rob in Ca | Report as abusive

Whether Palin writes the FB script or not, she is responsible for what appears on her page. The suggestion that she embodies ‘common sense’ is ludicrous. She embodies nothing more than the whetted desire to wield absolute power from Washington. If we are foolish enough to install her there, we’ll reap the misery that we deserve.

Posted by the Gaul | Report as abusive

More qualified than Obama!! That’s for sure.

Posted by mmkr | Report as abusive

Regan inherited Afghanistan that Jimmy blew up by canceling A1 bomber and ordering general disarmament. The country was jittery and Reagan won by the largest landslide in history. Carter tried to intruduce gas rationing and lines at gas stations were a mile long and as a result the inflation hit 21%. Every day the sticker prices at supermakets changed upwards. Reagan had to invest in defense, increase armaments to counter Soviet threat and that forced them to strain their economy to the point that Communism collapsed when he left office for J.H.W. America and the Free World became stronger, Soviet evil was defeted, liberals bit the bullet and they still cringe and whine.The economy under Reagan stabilized by 1981, prosperity came back, freedom was assured.

Posted by AlexB | Report as abusive

It is sad state of affairs when this country has sunk so low that we are reduced to listening to blatherings of moron like Sarah Paulin. She reminds of some of the characters in the movie Deliverance.

Posted by Daljeet | Report as abusive

Palin may indeed be able to “see Russia” from Alaska but perhaps our own focus needs to be on hordes of Ivy League types running government and Wall Street who couldn’t, and still can’t, see the forest for the trees.Where were these alleged financial savants when this near apocalyptic “recession’s” underpinnings being laid? Were they sounding the alarm? Were they acting to prevent it?No, they were participating in and benefiting from it.Is Palin merely parroting lines being fed to her by others? Perhaps. That hardly makes her any worse than Joe Biden (Delaware) and his endless platitudes regarding banking issues.

Posted by Micharel | Report as abusive

Ornstein is an idiot, an Economic Truther, who thinks the more we spend the richer we are.Geithner and the Obama plan got laughed off the stage in China this spring. The only people in the world who think they are being rational are the Truthers in the White House. Russia, Japan, France, Arab countries, and others have joined the Chinese in declaring Obama mad.When the Premier of China lectures Obama and the U.S. on the benefits of the free market system, mentioning Adam Smith by name, it is a sure sign the administration is economically illiterate, or engineering something else.Go Sarah…and everybody else who has any common sense left.

Posted by bc | Report as abusive

Sarah’s recent Facebook post was correct. I’m beginning to understand what she means by ‘common sense conservatism’.We have not had a conservative since Reagan. I think Sarah can discuss these issues like other politicians, although she is not a geeky numbercruncher like from the Chicago School or something.And she is WAY WAY WAY more experienced, and a far better leader than Obama.Obama simply does not lead. He has no experience of being a leader, unlike Sarah.She’ll make a great POTUS and is clearly the Anti-Obama.

Posted by Sapwolf | Report as abusive

Yes Sarah Palin speaks and America listens. We listen because we are hungry for a common sense Pro-America voice of reason. Sarah Palin has the courage to say what all of us are thinking yet nobody will say. When the complicit mainstream media sugarcoats the questionable shenanigans of this administration, Americans are attentative to the populist appeal from the lady who speaks our language. She’s asking the questions that used to be asked by Mike Wallace on 60 minutes. Sarah Palin will continue to speak out and we will continue to listen. She has been written off as irrevelant by the beltway dozens of times since she appeared on the political stage only one year ago. And guess what ? The beltway was wrong. Never underestimate Sarah Palin. This patriot is here to stay and God Bless her. America needs Sarah Palin.

Posted by Citizen Thomas - Los Angeles | Report as abusive

I am truly amazed at the people who think Sarah Palin is qualified to sit in the White House. Folks we have serious problems and we need serious people to fix them. I hardly think a BA in Journalism from the U of Idaho fits the bill. Obama did not create this mess. George W did. Obama is left with the very unsavory task of cleaning it up. McCain/Palin would have been worse for our country.

Sarah does have a point that deficits are hurting the value of the dollar. To say she is not qualified to speak on these matters is authoritarian at best and communistic at worst. The is America we all are supposed to have a say. Why don’t we just let Charles (I don’t pay my taxes) Rangel speak for us. He certainly isn’t qualified to speak on financial issues if he can’t find all his money to be able to pay taxes on it. So Yes, speak on Sarah. I don’t want you for a President, but speak your mind and people should take notice and respect your opinion. It’s just as important as very one else’s opinion.

Posted by Dwight | Report as abusive

Sarah Palin has been an effective political force on her facebook page because what she says makes a lot of sense and is backed up by in depth research. These are not the writings of someone who is not intellectually curious.People are just going to have to face facts that whether you agree with her or not on the issues, she is not a lightweight and she is not a moron.It’s becoming more and more evident that the way people are bashing her and smearing her, that the real moronity is out there and it’s not on her facebook page. It’s coming out of the mouths and keyboards of liberals and elitists who fear Sarah Palin. A lightweight would not draw the attention she does.It proves one statistic though. There is a moron for every person that thinks she’s a moron.

I think Sarah is right. I have studied Sarah ever since she ran for Vice President and she almost always is right about what she has stated in her speeches and posts on facebook.

Posted by Tom N | Report as abusive

Palin can barely string two coherent sentences together. She almost makes “AWOL” look like he was smart. President Obama was left with the mess created by eight years of “AWOL” and his horrible policies. Palin is unqualified but that never stopped “AWOL” either and look what he left us with. President Obama is trying his best to clean up!

Posted by Santa Fean | Report as abusive

The dollar has value because it is the required currency to purchase oil. Any country wishing to purchase oil from the Mid East producers must do so with dollars. There are exceptions, like Iran.So if in fact France, China and Russia are talking with the oil producers, from whom we also purchase our oil, about changing the currencies to be used we could be in real trouble. With the requirement gone to use US Dollars, the value of the dollar would plummet, making our energy costs sky rocket.So Palin is saying what needs to be said and she is right.

Posted by anotherview | Report as abusive

There is probably no subject on Earth on which Sarah Palin is an “expert.” Her Facebook postings are ghostwritten. Anyone who’s ever sat through her word salad specials recognizes this. For her to be thought of as an “expert” on anything, let alone global finance, would be laughable if it weren’t so tragic.

Posted by zyxomma | Report as abusive

As the Presidency is now measured in hours, I guess we are getting right along now to the final report card on this one. Sarah seems fine, another empty head in politics, nothing new there, whatever. Regan is the fly in the ointment, seemed nice enough, but no idea what he was up to, and that set the standard for the declining years of the twentieth century. Say you did something ideologically correct and they will believe you – give me Truman!

Posted by wm christie | Report as abusive

Anyone who believes humans coexisted with dinosaurs has surrendered the right to comment on any rational matter. Or at least to be taken seriously by anyone who values rational thought. Not that that’s going to stop her- or her fans.

Posted by Jason | Report as abusive

If any of the anti palin commenters can tell me when it’s a good time to borrow trillions of dollars when your dollar is weak and economy is crashing, I’ve got a bridge for you. At the rate we are going does Wiemar Republic mean any thing to you?You can’t print and borrow out of this hole, but drilling for oil and natural gas could help this economy to recover.

Posted by tim c | Report as abusive

The “see Russia” quote was not said by Palin. It was said by Mrs. McCain in a TV interview.

Posted by Mike | Report as abusive

“she left the govenor’s office with a $30 billion surplus”alaska gets heaps of federal aid i.e. YOUR TAXES. and its a oil nut’s wet dream, literally, so a surplus is no big deal!

Posted by JULIAN THOMAS | Report as abusive

Look at the three stooges, Hillary, Joe Biden, and Obama. Collectively, they have zero experience of running any experience in running any agency or business.There are probably, many other people more qualified thatn Sarah Palin on economics, but there is no reason to even doubt her common sense. Why not look at what she is saying. Is there any doubt about the relation of dependence on foreign oil, and the deficit on the value of dollar?Now what part of what Obama has proposed on major economic policies make sense/ except to the people who have a hand out for government give aways? or Politicians who bank on being relected again?

Posted by jay | Report as abusive

To Robert Black who asked “Who is Norm Ornstien?”As the article states Norm is an analyst at the American Enterprise Institute – a conservative think tank.It appears that the AEI, like all intelligent individuals or organizations, can’t separate themselves fast enough from the mental midget of the great white north.Per WikipediaThe American Enterprise Institute for Public Policy Research (AEI) is a conservative think tank founded in 1943. Its stated mission is “to defend the principles and improve the institutions of American freedom and democratic capitalism—limited government, private enterprise, individual liberty and responsibility, vigilant and effective defense and foreign policies, political accountability, and open debate.”

I laugh at all the liberals who are trashing Palin. I guess their opinion is that all the dolts running things now and who were running things over the last few decades or so are much smarter than her.After all, they weren’t responsible or out to lunch on the worldwide collapse of the financial markets. They were so much smarter than Palin that they were all telling us how messed up things were and were desperately trying to fix everything. Oh, they weren’t any smarter and were not fixing anything?Oops…

Posted by James | Report as abusive

To AlexB and his Reagan worship post, I’m not quite sure what Reagan has to to with Palin anyway, except she seems to be struck by the same affliction he had before he passed, but lets inject a little reality here.Reagan is responsible for the CIA training and arming the Afghan Mujaheddin under the ‘Reagan Doctrine’ led by Osama bin Ladin, which put him into the position of power and allowed him to become the terror leader who is now blamed by many for the September 11th, 2001 attacks on this country.Reagan also increased deficit defense spending on a level that nearly bankrupted this country, all the while exaggerating the ‘threat’ of the Soviet Union, which his administration knew was collapsing at the same time they were telling the people in the US they were an enormous threat that required spending obscene amounts of money on weapon systems we didn’t need (thousands of nukes) and/or that didn’t work (star wars missile defense, patriot missiles).Reagan then ordered ‘general disarmament’ of our nuclear weapons via the INF and START1 treaties in 1986-1987.He also sold weapons to Iranian terrorists in exchange for hostages and then lied about it right to our faces saying we “will not negotiate with terrorists”, when that is exactly what he did. But I’m sure you think Clinton lying to our faces about a b.j. is far worse right?

Posted by JohnM | Report as abusive

Someone asked who Ornstein is. He is a liberal who happens to work for a conservative think tank. As for many of the snarky comments about Palin. chill out. They would hate her if she were to deliver an address in classical Greek on Platon’s apoloogy.

Posted by John Schuh | Report as abusive

every boby so negative about sarah i just cant believe how she gets critize it means she is doing something right let he oue judge be judged of the samething . dont worry sarah you have enough of us backing you and praying for you

Posted by MADELINE TREVISON | Report as abusive

I don’t care for Sarah Palin as a candidate..I was and am a Mitt Romney supporter….but I will say that she knows a WHOLE LOT more than Mr. President about the dollar and a zillion other issues.She sounds dumb? Yeah maybe…the solutions are very simple…it’s called ‘common sense.’

Posted by SSS | Report as abusive

Why are Facebook and Twitter becoming sources for main stream news? What happened to investigative journalism? It makes me sick how lazy reporters have gotten. This is a story about a story from am posting on the internet, sad.

Posted by Richard | Report as abusive

Bill in arizona,I am truly amazed at your stupidity.George W caused this economic recession? Wow, where do you get your information from? I never liked Bush but I have more common sense to blame the entire thing on him. Do yourself a favor and open a basic economics book. Better yet, just google “what caused the current economic recession.” You can tell what your find to all your Obama bandwagon supporters and remember to ask them what change Obama has brought since his election.

Posted by Richard | Report as abusive

Somebody besides Norm and his buddies, better start particpating, because old Norm isn’t doing SQUAT.

Posted by Cliff Disney | Report as abusive

Just so I understand the Republican agenda on this, please clarify any points I am missing.Yes the prior administration (Republican) did a horrible job, but this administration (Democrat) is doing a horrible job too.Is this where I am supposed to say to myself, “Well gee, clearly the Republicans are going to do things better next time!”?

Posted by Justin | Report as abusive

I am not really interested in who says what. What\’s important is how do we get out of this mess. I agree that ole W caused the fire when he allowed Paulson and Bernanke to create tarp. These 2 are crooks and globalist\’s meaning they put the global economy slightly behind their own self interests but ahead of the U.S.A. While Bush started the fire the steps bho and the dems have taken appear to have the effect of throwing gas on a fire. Bho talks very well but far to often his grasp of the economy is weak and frankly makes things worse. Anyone who has taken a single economics class knows you cannot spend your way out of debt. This Keynsian approach is a socialist approach which ultimately leads to higher taxes and less productivity.The chinese of all people cut taxes on businesses to help their economy, how capitalist of them. If Pelosi would open her eyes (pun intended) and Reid would get his head out of someone\’s …. they might realize the way to go would be to cut corporate taxes temporarily to stimulate the economy, forget trying to sneak in universal health care, and implement illegal immigrant laws that punish businesses who hire them. These approaches would stimulate the economy, strengthen the dollar and hopefully help people to realize bho is all hat and no saddle. For those that do not understand, you can look good in a hat but if you cannot ride the horse stay in the barn.

Posted by byron | Report as abusive

10/8/09Keep criticizing Mrs. Sarah Palin. She is one of the few politicians, that make sense to us working class people.Want to critize her, fine do it, but give examples of what she has done wrong, not just call her names.Drilling for oil and gas add jobs to the USA and reduce ourtrade of balance deficit.Why is a gallon of crude oil extracted from Saudi Arabia or Russia, better for the enviroment that one that is extracted from USA soil by american workers????

Posted by Benigno | Report as abusive

In answer to the post I quote below:All you need is common sense, right? You don’t have to know how to follow an argument that considers a whole lot of variables, right? Reconciling conflicting observations is for limp-wristed elites, right. Well, actually, _that’s_ the crock the right has been successfully selling. It’s a really attractive product: Makes everyone who buys it a really confident — and sometimes outspoken — expert. After all, they’ve got common sense. Faith based science, anyone?7:27 pm GMTI don’t care for Sarah Palin as a candidate..I was and am a Mitt Romney supporter….but I will say that she knows a WHOLE LOT more than Mr. President about the dollar and a zillion other issues.She sounds dumb? Yeah maybe…the solutions are very simple…it’s called ‘common sense.’- Posted by SSS

Posted by Geez | Report as abusive

Why does this dimwit continue to make news headlines???

Posted by Paul | Report as abusive

Well as to MS Palin, I know the Paliban like her, I for one do not care for her view, she would end this world, one scary woman

Posted by Bill, Hillsboro, OR | Report as abusive

All of these comments, and almost none about the issue of the declining dollar. Ms Palin is making a simple, and true, observation about dire consequences should the dollar no longer be a reserve currency. This doesn’t make her a genius, but it doesn’t make her an idiot either. Considering she has ignited debate on what should be a vital topic, I’d say she is dumb like a fox. If she forces the administration to pay attention to real business rather than the faux crises of medical care and global warming, I think she has earned some votes.

Why would you quit your job as Governor to pall around with college kids on Facebook?

Posted by ATL Guy | Report as abusive

In China she gives a remarkable statement just as eye oppening as death pannels.Slay the death tax,I just loved that one,kill capital gains tax,reduce payroll taxes,reingn in Gov spending.Her HC reform ideas I read in her notes there are also good.She did simular things in her state.Reduced earmarks 85%,reduced medical backlogs 83%,made gov officials deal in public on camera with big oil,cut hundreds of millions in wasteful spending,gee and ended up saving billions for tough times like now.Her state has hundreds of millions being spent on renewables,weatherization,heating oil rebates.Americas lowest tax rate,and she passed Aks strictest ever ethics reform laws.Theres so much more she got done in such a short time.When you read her facebook notes you realize she isnt that stupid person the media spent countless hours trying to convince everyone of last fall.They bashed her on clothes and everyone missed the governing record part.Big deal she supported some stupid bridge before she killed it.Theres a few gov official guys in orange junpsuits in prison because of her.Too bad people do not read her words watch her speak,she is alot smarter than many people think.Presidential,well maybe,maybe not,smart well that word youbetcha comes to mind.

Posted by David | Report as abusive

Who died and left Norm Ornstein in charge?? Facts and the ability to analyze them into concise wisdom is usually the dominant factor in a discussion not controlled by the media or propagandists.

Posted by Joe Black | Report as abusive

I forgot to add to the part of my statement on her ignored record.Palin negotiated the groundwork for the most massive private sector pipeline project in American history.Liberals keep telling us she is stupid.They should remove the beam from their own eye before critisizing the sliver in hers.

Posted by David | Report as abusive

I’m not impressed with two Ivy League degrees from Obama. George Bush had the same credentials, after all. Elitists created the financial crisis, not Sarah Palin.What impresses me is her vision. It doesn’t taken a Harvard degree to see we’re headed in the wrong direction. We need common sense smaller government. We need politicians with backbones who will actually serve the public, not their cronies. The reason we have a $12 trillion deficit is because both parties have sold our country down the river.I’m willing to listen to a woman who believes enough in fiscal discipline and government ethics to turn in members of her own party. I’m willing to listen to a woman who put her money where her mouth is and laid off the governor’s chef, the chaffeur and sold the governor’s jet, a woman who cut spending every year she was in office — not just slowed down spending, but CUT it, including an 85% reduction in the governor’s travel expenses.She has every right to comment on the falling dollar. Because deficits have caused it. And she is a deficit hawk with a record to prove it. If her common sense and pragamatism doesn’t impress you, then you’re too busy drueling over Dr. Utopia’s hope and change to ever be impressed with anything.

Posted by Nicole | Report as abusive

A person does not need academic credentials to make comments about the economy. If academia is so smart, why don’t they admit that the financial bind that America is experiencing is because unlimited credit was offered by the financial companies to a bunch of fools just to make a buck.

Posted by Rudy | Report as abusive

I am constantly amazed at how Sarah Palin, at every turn, shows she has the common sense and ability to speak to the issues that address the concerns of many Americans and non-Americans. She is coming through across those ugly misperceptions that the media has painted of her and prove that she is intelligent, quick-witted and highly capable.She is in a sure-footed way continuing to tear down those mean-spirited misperceptions.She continues to pull in the crowds through her speaking engagements and her upcoming book. Her natural ability to attract those that could see her for who she truely is is a gift that many a politicians would dearly crave for. Those who write her off will be sadly mistaken.

Posted by RCC | Report as abusive

It appears you have a lot of stupid republicans reading this article. I just about puked this morning reading the FT, until they threw that Ornstein quote in there.That woman is dumber than a can of rotten moose meat. And the fact that republicans are pumping her idiocy is a sure sign of desperation of a party with no intellectual basis anymore. William F. Buckley is surely spinning in his grave. GOP, RIP. You’re toast.

Posted by brainiac | Report as abusive

Sarah Palin is exceptionally qualified to comment in any debate. Were Norm Ornstein and other elitists so smart, we wouldnt be in the mess we are in right now. Its time to listen to Americans with LESS Ivy league education and MORE common sense! Sit down and shut up Mr. Ornstein you are so educated that you’ve become stupid.If Sarah Palin is so unqualified and pitiful …then why the uproar from liberal democrats? You would think they would encourage and boost her credentials if she were such a weak adversary. Hmmmmmm , sounds like the liberals are scared.

Posted by Jim | Report as abusive

Hey Justin,Republicans, despite the best efforts of leftists, kept you safe from terrorists for 8 years. Bang your head on that one. The dismissiveness with which Sarah Palin is treated by the mainstream media is PROOF of how much they fear her. And us. And they only fear what they don’t understand. Everything and everyone else, they try to control. And where was Norm Ornstein when Bernie Madoff was popular? That would be interesting to find out.

Posted by Thomas | Report as abusive

Sarah cut State Backing for Special Olympics 50% in Alaska in 2008, and then went and spent 100k on her own clothes.Britteny Spears functions on a higher level than Sarah Palin. The news guys are joking about Sarah advising anybody about money. Right? Somebody please say Right? and wake me up from a bad dream. Pleeeeeze?Signed,Embarrassed in Alaska

Posted by Greg | Report as abusive

We want change for better and not worse. Our next generation will be responsible for paying the debt that is created by our generation. This is making me very sad. Why should my children have a more difficult life than me?

Posted by Daisy | Report as abusive

SARA was cutting OFF ALL WHO POST WHAT SHE DOES NOT WANT SEEN.EVEN GOP.DOES HER FACEBOOK PAGE REMAIN A ONE SIDED FAR RIGHT LOVE FEST?Plain signed on her OWN “death care” for ALASKA -WAS IT NOV 2008?So now that she quit ON HER FOLKS BACK HOME, She’s got time and she’s learning some basic finance 101?SO IT WAS ABOUT BYE BYE, BIGGER FISH TO FRY ….sorry oncaps i’m disabled.

Posted by macdoodle | Report as abusive

All I ever hear in the criticism of Palin, is the same ol’ tired, regurgitated bilge.Never have I seen a LibStain attack her ideas in a substantive manner.’Emoting’ aint gonna cut it this time around, kiddos.I find it hilarious that no matter how much they throw at her, she manages to use the attacks in her favor.Keep it up with the misunderestimatin’ . . . PLEASE!!!!

Posted by tahDeetz | Report as abusive

First of all, to all the Sarah Palin lovers, put your teeth back in for a second and calm down. Anyone who takes a dig at her is apparently a communist, socialist or just plain un-American. Really?Drilling for more oil is stupid and short sighted (not to mention what it does to the planet). Do you know how many years it takes from the time you green light new drilling to the first drop of oil? How many square miles of iceburgs will have melted by then?Blaming President Obama for the falling dollar is stupid and short sighted. Eight years of a Republican circle jerk lead by a former V.P. who should be behind bars is mostly what put us in the hole we are in.Is Sarah Palin a complete idiot? I don’t think so. As a Democrat do I want her to run for President? Oh, God yes. Please!!!!!

Posted by Jon Waldrep | Report as abusive

Sarah has the right to voice her opinion. She has common sense, which we are surely lacking in congress and the whitehouse, they got us in this mess, with the stimulus, TARP, etc. The Secy of the Treasury was a Fed Reserve Board President in NY. He wants the US dollar to fall, why is he allowing the USA to collapse right before our eyes. This is a betrayal that is hard to understand.

Posted by Jean W | Report as abusive

[...] statement on the economy caught the eye of the London Financial Times which in turn caused Reuters to report this: By Tabassum [...]

[...] statement on the economy caught the eye of the London Financial Times which in turn caused Reuters to report this: By Tabassum [...]

[...] statement on the economy caught the eye of the London Financial Times which in turn caused Reuters to report this: By Tabassum [...]

Sarah you are the one the american people needs you work and care. Obama juast talks he was the best for himself for the american people to pay for him.

These statements by Palin are true, and she is approximately the one-hundred-millionth person to figure them out.

Posted by Satan | Report as abusive

So what was she doing paling around with 1.2 billion Communists?What a complete fool that woman is, and she only manages to get a following of those who are even more foolish than she is. Two grey cells beats one grey cell.

Posted by Marton R | Report as abusive

I do beg your pardon; I meant to add that Palin’s idea that a strong dollar is good is highly debatable. In most cases you’re better off if your currency is weak. You can sell your products more easily internationally. Japan wants a weak Yen. China is being roundly criticized for artificially depressing the Yuan, which is why they’re clobbering the rest of us commercially. I check the forex daily, and I’m always rooting for a low dollar and a high Yen. And of course, if we can balance our budget and inflate the dollar, we reduce our debt, but they say we probably can’t get away with it.

Posted by Satan | Report as abusive

HAS none of you realised that Ms Palin is probably reading a speech that was written for her by somebody else. Whether or not she is Governor is of no relevance, she is very visible in all media therefore she can become a mouthpiece for those individuals or Corporations who wish to further their own agendas by placing their words in her mouth.Remember, every time she opens her mouth all you Yanks stop to listen to her. Corporations can`t buy that kind of coverage, but I`m sure that they might be able to buy her.

All the democrts can do is say bad things about Sarah Palin personally because they know she is smart and popular, and they know that she would be an excellent Republican President. The can’t have that.She is a decent person with common sense, so democrats are all upset because she does not have the mentality of the crime ridden slums of Chicago, and she does not have any terrorists as friends. She would actually keep prisoners in Gitmo instead of the USA. She has respect for the taxpayer, that alone would upset the democrats. Democrats can’t stand a bright republican woman, so they mock her, which is really a reflection on the liberal media that would agree with Barrac if he said that the sky would fall if we consuming Ameicans don’t pay more in taxes.

Posted by Tom | Report as abusive

Paul you are the dimwit and a pipsquik if that is all the argument you can come up with. get used to it you will hear more from Palin.

Posted by Dcoios | Report as abusive

Yes Sarah is qualitified to speak out, it is hers and our right.. Obama is not yet in as much controll has he would like to be over out free speak here in America..Shirley

Posted by Shirley | Report as abusive

I think this conversation got hijacked by politics instead the actual problems of the declining US dollar.While its probably true that Pailin’s comments are politically motivated, it does not stop them from being true.How will this administration cut back the defficit and strengthen the dollar?Better yet. Are her comments true? The declining dollar is due to the large defficit ( which makes perfect macroeconomic sense) and dependence on oil?

Posted by sam | Report as abusive

A lot of the hate speech here comes from Republicans who are just SORE LOOSERS. Sara Palin is the opportunistic master of the obvious we see. She is a nutcase and many distance themselves from her spectacle. what she is trying to do , if she knows it or not is tear the country apart and de-rail any positive and original ideas the elected president has put forth; at least he is following through with his campaign promises. As an American she should support the president and the country. She is divisive, disrespectful and ridiculous.

Posted by tarynia pettit | Report as abusive

Reuters incorrectly blames Palin for the origination of the term’ death panels’ (H.R. 3200). She was unavailable during the month of August. The American public read the 1014 pages of the Bill. The Bill creates an Executive Branch panel to make medical decisions. We still don’t know who wrote it and created the panel The media, Congress and the President did not read the Bill. Why does Reuters lay that term on her? Kudos to Palin for being the only public figure willing to speak up and tell the truth about current political decisions which are destroying this country. Palin merely states the obvious.

Posted by Virginia | Report as abusive

I find it humorous that the Republicans would seize on energy independence as a prod for the new administration while they continue to chide Carter for his efforts at conservation and renewable energy. Suddenly, the sweater doesn’t seem so silly. It apparently just takes 30 years for these dimwits to get their thoughts together. Let’s face it, through the last three Republican administrations (yes, Clinton was a Republican), America has been asleep on this issue while countries like Germany have worked hard towards reducing their energy needs. I guess we needed to keep gas cheap to make the execs at GM happier. That all turned out well.I can’t wait for her to make a run for the White House. I love dark comedy.

Posted by Rich | Report as abusive

Palin could have read that statement a year ago. So could a third grader.Shame on Financial Times for attempting to give her unqualified credibility without asking for proof she graduated high school first (I PROOF she really graduated). That’s not journalism, that’s advertising.It’s obvious that wall street is getting nervous about control of the government going back to people (you know – “for the people, by the people” thing). After all, it was Republican’s that engineered this recession in favor of banks and investors, who left such a small middle class that they don’t have enough wealth left to support the economy. Yup, they still want more tax cuts for the wealthy and bigger wars.But who knows, I could be wrong. Next week Palin could be in line for a conservative version of the Nobel Peace Prize that no one’s heard about yet – and announced on her FaceBook page. Then Financial Times and Fox will have a whole new yarn to fabricate.At least Obama has read the Constitution and knows how to read a budget (“It’s just a bunch of numbers” – Bush, who’s never had to balance a checkbook still).

Posted by aikanae | Report as abusive

Financial guru?? Ha! How about financial bozo?

Posted by Tink Golamb | Report as abusive

Of course she doesnt write her own Facebook content! She probably doesn’t even read it.

First of all let’s remember that Norm Ornstein works for a CONSERVATIVE think tank, has a Ph.D and has worked with John McCain on legislation, specifically The McCain/Feingold ActThen let’s remember that Sarah Palin has a BA in communications from three community colleges and the U of Idaho and has never worked on a piece of national legislation. I have no problem with community colleges or the U of Idaho. However I wold guess that Ornstein is vastly more qualified than Palin to make statements on the rise and fall of the dollar.Also on the subject of education, I saw some comments that Obama’s education was similar to Bush’s and therefor not impressive since Bush put us in this financial situation to begin with. The differences between these two similar backgrounds is that Obama was an A student and Bush was a C student, Obama earned his way into Harvard while Bush rode dads (and granddads) coattails into ivy league schools.Now back to the original question, is Palin qualified to give this analysis, the short answer is no. The long answer is hell no.

Posted by Eric H | Report as abusive

Shame on Financial Times for trying to mislead readers into thinking Sarah Palin understands economics without qualifying their decision. That’s not journalism, it’s advertising.What Palin said was not news to anyone and a third grader could have said the same thing. They both could have the same amount of experience and authority in complex finances. The same people backing Palin are the same ones that supported a president that never had to balance a checkbook, expanded the government and drove this nation into bankruptcy from a surplus.Palin couldn’t even complete half of her first term – which half of that was spent shopping on the campaign trail.The truth is the economy has been ballooned out of proportion for some time – Bush just kept pumping it up which is why it fell so hard. Having the dollar fall in value might be nerve wrecking experience, but there is an equalizing effect. Companies are in a better position to build a stronger foundation. Maybe some of the millions of jobs shipped overseas during the last 8 years will come home again – along with manufacturing.One thing for sure. I will never trust the GOP to understand economics beyond their highest paying lobbyists.

Posted by du2vye | Report as abusive

Richard..perhaps you are the one that needs to google what caused the economic recession. The excesses of Wall Street, unregulated gambling (i.e. credit swaps) and frauds like Madoff and a massive deficit. When Clinton left office this country was in decent shape (deficit wise). Bush is the one who put us in this deep hole chasing two wars that never such have been started. These things happened on Bush’s watch. Not Obama’s. What did Bush do that was positive for our country? But let’s not put all the blame on the President. Congress is equally as guilty. These guys don’t vote for anything without loading it up with pork for their own constituents and the cronies that fund their election campaign funds. Palin is not the answer. Obama by himself is not the answer. Start with getting rid of the self serving Congressman and Senators in your state. That’s where the real change needs to occur.

Sara Palin is probably one of the most interesting of the USA people to emerge in the past 50 years. As a foreigner I kind of like her, she is fresh and different.

Posted by Bruce Trainor | Report as abusive

Last I heard, the dollar is low deliberately to help our export market. Then again, I read that in the financial news, and apparently they’re so short on actual information that they’re resorting to quoting Sarah Palin’s Facebook page.But what do I know. Maybe Sarah Palin’s ghostwriter has it right.

Posted by Helena | Report as abusive

Remembering that the best brains of this country put together the Vietnam War, one must conclude that some element was missing in the vetting! Social intelligence can go may fill the gap!You go girl!

Palin can’t control her own children much less the congress or this countries problems. She and John ran a smear campaign and they get beat because of it. She left office in Alaska because of all the law suites against her (primarily by the people of Alaska). Her “higher calling” is about money not saving America. She’s done a great job of keeping herself in the news (no such thing as bad press when money is your goal). And she’s not afraid to use her power when it is self serving. Ask the people of Alaska. Those of you that think she is some kind of savior are seriously deluged.

Why is it that anyone who makes a negative comment on a website about Obama’s policies is deemed a Republican hater. I have not seen personal attacks akin to the way democrats attacked Bush…We are making POLICY ATTACKS. If you want to know why we are angry…it is because Obama and his Congress are dramatically outspending what the last Congress and president did. We do not care if it is a repubican or democrat doing it—- all of you STOP SPENDING OUR KIDS FUTURE..47% of americans today pay no taxes- but their children will have to pay their own share, their parents share, plus interest. Think 50% tax rates. No country can survive at that rate.

Posted by kendallini | Report as abusive

Sarah Palin has had many accomplishments. At least she is honest. All I see is unaccomplishments out of Washington. I see 500 campaign promises that were just lies. I see a president with an approval rating dropping like a rock. I see a democrat congress with a 21% approval rating. I see our President got awarded the Nobel Peace Prize. The article I read said it wss an EMBARRASSING JOKE! It does appear that we have a liberal panel. I thought this was based on accomplishments, but no, just hope. We all have hope. Maybe we can all get one.

Posted by Jerry | Report as abusive

These so called “experts” shouldn’t be so quick to look down their noses at Palin. Every other day I hear a story about how “experts” are surprised by this and surprised by that and how this and that was unexpected…. How many times do these “experts” have to get it wrong before they become irrelevant?

Posted by alix Frisch | Report as abusive

Folks, but is it ACTUALLY Sarah Palin writing, or is it a ghost writer for the party? Inquiring minds want to know…

Go Sarah:You are an inspiration to all of us. Run for President

Posted by Daddyboop | Report as abusive

As if the President is going to sign a bill he isn’t going to read. AND how in the world do you know if her read it or not.This is another example of MIS-information being flushed into the spin room.

Posted by tarynia pettit | Report as abusive

What is interesting is the cabal that follows any story on Palin. Even for lightning rods like Rush Limbaugh, Sean Hannity, etc. do not attract such loons. If you watch, for every pro-Palin post there will two or three around anti-Palin posts around it! This cabal is absolutely terrified that Palin will succeed (as well they should).Frankly, I am sure she is waiting for a call from the Nobel Commission herself. I hear today for three easy payments of $29.95 you too can get your own Nobel Prize too.

Thanks, but no thanks, Norm Ornstein. She contributes more than you know.

Posted by William P | Report as abusive

Norm Oranstien a screaming liberal who helped write the McCain Feingold legislation is hardly the elitist I want telling me whether or not Sarah Palin is qualified. Who makes him the arbitor of what financial direction our country needs. Surely not the American public who only knows this guy from his appearances on the Jon Stewart Show and Air America. He is about as conservative as Nancy Peolosi or John McCain for that matter.

Posted by nickel | Report as abusive

I find it interesting how Democrats have previously been called “un-American”. However, some Republicans are willing to damage the American economy by criticizing the strength of the US Dollar, with full knowledge that this is just simply not done. I don’t think anything more clearly shows that these people are in politics for personal gain, not interest in the well-being of their country.Mrs. Palin is a disgrace to our country in everything that she does. I’m not surprised that she has disgraced herself yet again.

Posted by smbogan | Report as abusive

Palin makes a true comment in passing, and the haters jump on her for no reason beyond making sure she stays beaten down. Good luck, guys. If not yet a candidate, she’s soon going to be the king maker. The rest of us listen to what she says (which is often quite insightful) and not to what you people say she’s said.@Eric H:Obama an A student? No transcripts have been released. This claim appears to be wishful thinking on your part. Since he’s an admitted slacker, A’s are quite unlikely.If you have any evidence, let’s see it.

Posted by KBK | Report as abusive

Who is Norm Orstein to acclaim that “there may be something to the price of gold and the dollar decline” from an unknown “conservative think tank” and his credits rank with a John McCain/Fiengold fiasco. Methinks someone who makes statements “she is not qualified to make statements” shows a pompous author with a biased attitude about someone he probably has never met.People like “Norm” are the faceless bureaucrats who seek to rob folks of their dignity, accomplishments,and individual thought about important issuesOf course it’s OK with “Norm” for a political hack to be running the CIA and an unknown Kenyan to be trashing our country. This guy and people like him are trojan horses who use elitism against those “who are not one of their own” and he is not qualified to speak for a party of the people. His McCain/Feingold act defies freedom of speech and individual thought. This guy is more Feingold than McCain. Palin is a clear thinking, honest, american pol. Hard to find these days and they can’t stand it.

Posted by robert m. | Report as abusive

Those who criticize Sarah Palin seem to expel the most hateful comments with absolutely no evidence to back up their hate-speech. I find those who criticize Sarah Palin to be very intellectually challenged.

Posted by Justin Niland | Report as abusive

Palin is as well quilfied as most so called experts. I truly believe this country would not be in the sad condition that now exsits if she were leader.As far as Obama being awarded the Nobel. Really, lets look at the awarders. To say they are left wing would nearly be a kindness. Very far out is much closer to their views. To much of the world, “Little creditability” fits nicely. Past awards prove that point rather well.To witness a great & powerful nation decline makes much of the world population very happy. In a very real sense Obama is there leader!!

Posted by Robert | Report as abusive

Americans need to realise that USD strength is not a macho competition. The country has spent the last 5 decades making products and selling them to themselves. Now the burgeoning middle class have 2 cars each, 3 refrigerators, 4 re-mortgages and 5 credit cards.The USA needs to become more competitive in the export market, and a weaker dollar will support this, allowing them to sell US made products abroad.Sarah Palin is known not to be the greatest international traveller, like the broader US populace, many of whom have never left the country… so it is ironic that she has a vested interest in a natural level of foreign exchange, considering she’s likely never bought a euro or a pound herself.

Posted by tomcog | Report as abusive

Sarah Palin is a common sense person, as the majority of Americans are. Drilling for our own oil would wipe out the deficet in no time. Pres Obama and Congress are out of touch. They don’t have a frugal bone in their bodies. Their policies will weaken America to the extent we will have no future clout on the world stage.

Posted by Barbara S Taylor | Report as abusive

Does anyone seriously think it possible that Palin is qualified to discuss most any complex issue, let alone US policy vis-a-vis the dollar? Palin is just an opportunist casting about for attention with simplistic phrases. She’s an unremarkable populist.

Posted by Stuart Barrowcliff | Report as abusive

What Sarah says is just common sense coupled with unblinking regard for telling it like it is. Let Sarah lead the fight for recovery with the courage and strength to truthfully address reality.

Posted by rhon | Report as abusive

With the job that Norm Ornstein and his friends have done, he isn’t very qualified to speak about Palin’s qualifications. Most state govenors are more qualified than those presently taking part in the debate. I think Norm’s prejudice is showing. How about it Norm? Is it that she is a woman, a republican, a conservative or just not “one of the good ole boys” that have driven us into this mess.

Posted by John Seibel | Report as abusive

The former governor of America’s largest state would improve acceptance of her credibility if she spoke first about the impact of rubles on the US economy.

Posted by Gnarled gnasher | Report as abusive

Palin’s appeal seems to be is her solutions are so simple. Just drill for some more oil and everything will be fine. Problem solved move on. An extremely naive solution to a US economy with unprecedented public and private debt.

Posted by Mike | Report as abusive

as for ms palin not being qualified – as compared to who? she is certainly much more qualified than obama, and more experienced – your views have been formed by others and you buy into them

Palin is correct in what she stated about our need for energy independence. Oil is becoming scarce and will soon cause a meltdown in the world’s economy on a scale that is unimaginable and will cause many to starve to death.Is she qualified? No.The real problem here is that our government (both parties) has been so busy helping their rich buddies for generations that no one has done what is necessary to get us off of our fossil fuel addiction. It is quite possible that the peak of world oil production is less than 20 years from now. There may not be enough time now to prepare for what is to come.

Posted by Brian - FL | Report as abusive

Australia has had the equivalent of Sarah Palin, simple, oportunistic,screetchy moron, and it took us two elections to convince the red-necks, that she had nothing to offer, only kept repeating, parrot-like what simple minded voters wanted to hear. Wander how long it will take to do the same with Ms.Palin, as she is actually much worse, and the mind boggles at the thought of “President Palin” so good luck!

Posted by Peter von Krusenstern | Report as abusive

All I can say in defense of Palin is that she reads lots of magazine like whatever is in front of her and whatever she can get a hold of so as to keep up-to-date with the major economical trends here and abroad–as she so eloquently put it during her interview with those liberal media types, the liking of Katie Couric. Let us not forget, she is someone with high level of foreign policy expertise because of Alaska close proximity to Russia. She can see Moscow from her backward, at least she used to as a governor of Alaska–probably not as up-to-date with her foreign policy matters because she no longer can see Russia from her backward.

not qualified in this area as in many others…wonder who she’s getting her viewpoints from?

Posted by suzette | Report as abusive

Sarah Palin is particularly unqualified to “snipe” from the sidelines. She would not even complete her term as Gov. For those who think she is simple, common sense and plain talking, her oversimplifying comments are somewhat reflective of the problem in America. We are particularly nieve and lack knowledge of the world we live in and still want to “go it alone” instead of working with our neighbors throughout the world. We probably are overdoing it when it comes to spending and deficits, but at least Obama is doing something!

Posted by Thomas | Report as abusive

Palin is not qualified to participate in economic discussions because she’s an idiot. Evidence of her lack of brain power can be found in the numerous interviews she’s given. I cant believe anyone takes her seriously.

Posted by Raoul | Report as abusive

Sarah Palin is far more qualified that the poser who is occupying the whitehouse.We would be in far better shape today with Sarah Palin’s articulate common sense approach as US policy rather than the sorry lack of leadership that is now in power.As far as Norm Ornstein, what an arrogant windbag. Hopefully he will eat his words in 2012.

Posted by Fred H | Report as abusive

Another 4 years of no new offshore drilling.Palins right on the mark again.Everyone who is quick to critisize her forgets her investments she made with Alaskas PDF fund made her state a few extra billion.Obama is so smart he thinks loaning a gov run Brazilian oil company cash so it can drill(offshore in Brazilian waters) is a way better idea.(intresting to note Soros has huge stock in that same company)Gee so your not only giving them the cash ,your giving them the jobs tax revenue,then buying the oil from them afterwards.Wow is Palin ever stupid for wanting to drill offshore in America.Who wants those jobs the trillions in revenues,the taxes,na buy Brazilian oil instead that makes more sense to Obama.No wonder the dollar is starting its slide,with these guys in charge.Good luck with this nobel peace prize winning president.I remember the great luck America had with the last president who also won it.Jimmy peanut Carter.To refreash your memory,22% intrest rates,12%(or was it 10) unemployment,10%(or was it higher)inflation.What a calamity that guy was.

Posted by David | Report as abusive

She is as qualitfied as most of the individuals that try to say she isn’t. Maybe a little listening and honest discussion would help solve problems. It seems most of the so called smart experts have not come even close to her success (Governor, Mayor, VP choice, author, mother, wife, etc. etc.etc.) in such a short lifetime. A lot of people like to try to throw mud by saying the person is stupid or not qualified………frequently they are the ones that fit the bill by way of their own overblown ego. (Consider the source —- is still a good rule)

Posted by nimrod | Report as abusive

Sarah Palin is what the left wing is afraid of. Straight, Christian, down to earth,likeable, and she can be in your face. She is not perfect and she will point that out, but she knows where to draw on wisdom. It comes from God “the Bible” and it is not to force on anyone religous beliefs but to carry on the torch our forefathers started by using Gods word to form our laws. Society and Obama has not reached that “pay grade”. I see her as the only real conservative that I would vote fore.

Thomas, learn how to spell. James R., learn English grammer. Peter von Krusenstern, why is it any of your business in Australia? Palin has the perfect right to say what she thinks as our constitution gives her. A lot of you folks who criticize her only make yourselves look foolish and biased. And, that is your right, too. However you might think twice next time, before you exercise that right.

Sarah Palin is as qualified to speak about the falling dollar and it’s implications as is Norm Ornstein a relatively unknown liberal political analysist or the any Reuter’s writer.She’s as least successfully managed billions of dollars in Alaskan funds in the best interest of it’s residents into a surplus that in part was given back to the taxpayers .Unlike Obama who has WASTED literally hundreds of billions without anything to show for it.Alaska is the only state that has enough reserve funds to last thru this economic downturn. More over it’s the only state, because of Palin’s fight to open up drilling, that is set to recover with least ammount of pain.

Posted by Shawn S | Report as abusive

This fracas about Palin’s qualification to comment on finacial matters is typical of political opponents who would attach the person rather than what the person says. If what Palin says is true, then whether it’s about finance or space technology does not matter.

Posted by Kweku Howard | Report as abusive

Not qualified, eh? Well, the folks were are supposed to believe are qualified keep telling us what’s expected to happen. Then things don’t go the expected way. So why do we believe them? What makes their guesses any better than any other thinking person’s? Saying Mrs. Palin isn’t qualified to provide reasonable analysis is just arrogance.

Posted by qr4j | Report as abusive

Not qualified?Not qualified to discuss the economy?We are all affected by the economy. We all have the right to discuss it. Are we all just supposed to ‘shut up’.Let her ideas stand on their own.What about, what she says?She says drilling and creating more of our own energy, will lower the trade deficit, increase jobs and bolster our security. Pretty simple stuff. But is it wrong? I don’t think so. T Boon Pickens spent millions of dollars last year saying something similar. Is he wrong?But the hate we see here, dismissing her ideas, where does that come from?Part is Alynski stuff. Personalize and attack the speaker regardless of the ideas.Attack her and her family legally and try to ruin her financially. These are the tactics of political thugs.And much of the rest seems to be the natural response of elites everywhere when their ideas are challenged. They are afraid and therefore they want to destroy.Have a nice day.

Posted by Robinsolana | Report as abusive

I’ll admit that Sarah Palin has accomplished a great deal to date – It’s not everyone that can become govenor. However, there’s a big difference between this and being qualified to influence policy on a national / international level. I consider myself a moderate and open to reasoned dialog from both the right and left. But did you watch some of the Palin interviews in her brief stint on the national stage? Honestly? Take a look at the Katie Couric interviews again and tell me that you still find her a credible, intelligent source of commentary on anything beyond her current sphere of experience…

Posted by Bryan | Report as abusive

Sarah Palin can say whatever she wants on her Facebook page, but it shouldn’t be quoted in a financial news source as being an expert’s commentary. She has no training in economics, was governor for only a brief period of time. She put herself in a unique “teflon” type of position of being able to criticize from the sidelines without being criticized by quitting her job as governor “for the good of the state”. If that doesn’t say it all, I don’t know what does. But it was one of the most transparent, cynical political moves I have seen in a long while. It is obvious she is jockeying for position to run for higher office, and God help us all if she gets anything higher than senator.

Posted by Diana Springfield | Report as abusive

Gold price on Jan 20, 2001 – $265/oz. Gold price on Mar 17, 2008 – $1030/oz. All this occurred under the Bush administration. Who killed the US Dollar? Clearly not the Obama administration. A little research is all you need to educate yourself. Why are the Palin pals so afraid of research? Answer: It will prove that Sarah is nothing but a media grubbing fool. Palin should stick to TV, perhaps she and Jerry Springer could put a show together. I think their fans are one and the same. No IQ above 85 allowed.

Posted by brainiac | Report as abusive

Give me a break. We live in a society were, youth violence is running rampid, and we sit with our children and eat popcorn while watch two people beat each other silly at Pro wrestling matches. (I am sure Scott loves a good wrestling match) After all it is good clean christian fun!!! Were Sex, with the exception of republicans, is the most vile and unforgiving act on earth. We christians have great priorities. For the record Scott, Lip service does not make a christian. Nor does your endorsment. And as far as God’s effect on our founding father’s wisdow, so to was their wisdom, from God Scott, when they wrote into the constitution that we need seperation of church and state. Do you think that is so Religous bigits can’t over throw the government.

Posted by Preacher Dick | Report as abusive

The writer’s warning–in this so-called reporting of what is essentially NOT a newsworthy subject–(that Palin’s Facebook ramblings significantly influence public opinion) ignores the hilarious fact that the single reason Palin’s agitprop comments are in the news at all is because the media is gung-ho on making every word she speaks (as mouthpiece for the GOP and their various energy/economic agendas) news. Woe to those of us who fail to see that the messengers involved here, from Palin to all the news outlets which religiously broadcast her GOP-fed rhetoric, are not reporting anything but rather continuing the 2000-2008 era of indoctrinating the sleeping public. Fear well, the media is keeping the Bush administration alive and on the offensive until 2012.

Posted by Angela Byron | Report as abusive

When she was Governor of Alaska, the state was receiving a financial windfall from oil severance taxes at a time of high prices and high utilization. There was a clamor from the Alaska political establishment, on both sides of the aisle, to blow the money on new government boondoggles.Gov. Palin knew that government programs can almost never be successfully abolished, and that such wastefulness would be unjustified when hard times returned. She refused to allow the government hogs to put their snouts in the trough, and instead used much of the money to build up the state’s rainy-day fund. The rest she returned directly to the citizens.It’s plain to me that she’s a smarter steward of the taxpayer’s money than 98% of the spendthrifts and morons who infest our government, beginning with President Porkulus himself. I fully expect the next three years to be a disaster for this country, and anticipate that she will beat Obama easily in 2012.

Posted by John Skookum | Report as abusive

Go Sarah, Why is the economy in the condition it’s in now? because of the so called economist that can’t think outside of the box and missed the warning signs or just compleatley disregarded them, let’s allow everyone some input and let’s entertain fresh ideas and maybe sometime in the future we can climb out of this hole and become strong as a nation again.

Why do you hate Sarah Palin? Can’t you just disagree with her without the venom? I question the sanity of people who use hate instead of actually thinking.

Posted by Joe Abernathy | Report as abusive

Thank GOD for Sarah Palin! Think what you like of her, but she has my complete respect for having the courage to say what she thinks, even if it’s not popular. She is an American, just like the rest of us, and freedom of speech allows her to give her opinion any time she wants, on her FB page, in public or wherever….or is Obama working on taking that basic right away from us too? He already wants to change the constitution, which he claims is “fundamentally flawed.” This man is BAD NEWS for America and I can’t believe how many people haven’t realized this yet! WAKE UP AMERICA!!!!

Posted by Lora Wirthlin | Report as abusive

For those of you arduously supporting Governor Palin, are you serious? She’s done nothing but create laughs and a whole lot of head-scratching. She’s repeatedly demonstrated a severe lack of knowledge on very rudimentary concepts. She’s of very little substance. Her responses always tout Alaska, energy, and oil options, but, really, beyond that she’s as vague as can be.

Posted by Lewis | Report as abusive

Sarah Palin does not exist! She is a marionette brilliantly constructed to appeal to the lowest common denominator of buying-what-they’re-selling American, as evidenced by all who are so eagerly, so mindlessly slavering over her every breath. The evil geniuses of the NWO are laughing at us all, as they rapaciously grab up their winnings in the great Monopoly Game commonly known as the Global Economy, and less recognized as the fruits of OUR LABORS–those of the American worker and taxpayer, and those exploited throughout the world.

Posted by Angela Byron | Report as abusive

Given the events of the last few years and the experts inabillity to see the problems ahead;how could she be any worse. The experts should be keeping their heads down and not commenting on her expertise.

Posted by CARSON44 | Report as abusive

What a Mavericky thing to say!! You go Sarah Palin! No I mean it. Please go somewhere else. Maybe Russia seeing how it’s so close to your home. When is this nut-jobs 15 minutes up? Can we take her and her followers and stick them all in Alaska and then sell Alaska back to the Russians?

Posted by Alex | Report as abusive

Go Sarah! Many of us ARE listening, and moreover, we LIKE what we are hearing.

Posted by rhon | Report as abusive

In the opinion of a serf (the term which I must apparently use when talking of an elite like Norm Ornstein), any American who might have most or all of their assets set in the U.S. Dollar is qualified to participate in discussion of the value of the paper. In which case, Mr. Ornstein would not be qualified… Oh well, if you are going to throw people’s opinions away based on status or personal beliefs, you are nothing more than a social bigot or a buffoon.

Posted by Sam | Report as abusive

Palin is smoke and mirrors, a huckster, a shill, a creation, a product. Pandering to a very small naive base.She doesn’t DO live interviews anymore and has taken to ghostwriters posting on her FACEBOOK page for her. No press, please not anymore, not IN PERSON!FACEBOOK is not political podium, this woman holds no official post AND she is shopping a lipstick deal!PAY NO ATTENTION TO THE MAN BEHIND THE CURTAINS. You bunch of suckers.

Posted by DEO | Report as abusive

Instead of asking whether she is qualified to give her commentary and changing the subject to her qualifications, how about asking, “was she right or wrong”. If right, give her credit and if not, well, do what you already are doing.

Posted by alan | Report as abusive

Palin is a perfect example of the Wizard of OZ where you have to look behind the curtains. Sarah needs a ghost writer for her book, a ghost blogger for her Facebook, a ghost speechwriter, and a ghost speaker for her speeches. She is a puppet with someone else pulling the strings. Have you seen her on any of the political shows on Sunday where she would have to answer questions? She is a Trojan Horse.

Posted by MO Inkslinger | Report as abusive

Norm Ornstein might consider that many people once considered Ronald Reagan completely unqualified for political office. After all, he was just a grade B actor, right? Sarah Palin is someone these kinds of folks are going to learn about the hard way. She is bright, capable, full of the simplicity of genuine wisdom, and a fully capable executive. And on the big stuff, the stuff that really counts, she is right, just as Reagan was right. Any time she runs, she’ll have my vote and my well wishes.

Posted by Tukaram | Report as abusive

How many times do the elites have to be wrong before they wake up and realize they really don’t know as much as they claim to know about economics, social dynamics, international affairs, or whatever their specialty? Sarah Palin is one of the common folk, and she’s a leader with common sense. Her inability to excel at public speaking or media interviews does not diminish her ability to be right on subjects important to the electorate. I would follow her rather than the elite, effete snobs like Norm Ornstein.

Posted by Dan | Report as abusive

I find it amazing that when Obama used social media he was brilliant. Now that Palin is using it, she is an idiot who can’t write for herself. Did Obama really write all of his own post on his site or facebook? The question that should be asked is who’s policies are working, clearly Obama’s are not.

If you want to see this country steered back in the right direction economically, just replace Tim Geithner with Sarah Palin, Her common sense approach and sheer guts is what we need to reel in all this outrageous spending that is being tacked into bills under the dark of night. First off as president as she did as Gov. she would read the bills line by line including, slashing the rediculeous spending that so many in congress depend on to get re-elected. She would get us out of debt with China who enslaves our trade. Why are we, America putting our security and economical stability in the hands of these foreign nations who would love nothing but to see us at their mercy. Sarah, I have know doubt just as she did in Alaska,she would not back-down from a fight. But in turn would choose the side of We the people. Because she recognizes who she works for. She did not back down the special interest from politicians and she did not back down from Special Oil. They tried,but in the end the winners were ALaska . Corrupt people will go to no end to discredit a person, but in Sarah’s case they have not succeeded. They may win what they perceive as battles. But there is a War to be won in America, by its people who are speaking out and Sarah Palin is One of US.

Posted by Terri | Report as abusive

Christopher Hitchens had this to say about Sarah…
“… she is a disgraceful opportunist, and a real moral coward.” I’ll second that!!

Q: What’s the difference between those who love Palin, and those who loathe her ?
A: A High School Education.

Posted by Nico-NM | Report as abusive

financial times newspaper…

Who says the internet is full of garbage?? Great post, I was searching for financial times newspaper and came across it. Glad I did….

This is the same person who left Wasilla millions in debt after ONE TERM as mayor. What a genius.
Oh, well, Dick Cheney says deficits don’t matter, so what’s all the fuss about anyway?
Oh, wait, its REPUBLICAN deficits that don’t matter!

Posted by Yellow105 | Report as abusive