Alaska Largest Of State Debt After Sarah Palin

April 1, 2010

(ChattahBox) – As if Sarah Palin needed more proof for her hypocrisy, this ‘fiscal conservative’ left her state with the highest debt burden in the United States.

Her term as governor was littered with scandals, and her financial exploits were made known during her time running as VP pick to John McCain. This included large bills wracked up at the taxpayers expense for clothing, trips, and having her kids along for conferences.

According to Palin, all of this was fine for the taxpayer to cover (health care is, of course, going too far).

But her money-savvy doesn’t just break down there.

After her time as governor, Palin left the state with an incredible personal debt of 70% debt-to-GPD, according to a report by The Independent.

This is the highest amount of any U.S. state, despite its’ oil-rich land and small population.

The debt was not her doing, specifically, at least not all of it, but it shows a pattern that inclined steeply during her time in office.

It was a patterned shared during her time in Wasilla as mayor, which was also shadowed with intense debt.The deficit in Wasilla went from $1 million to $22 million during her time there.

What makes this data most interesting is how it compares to statements Palin has made, painting herself as a fiscal conservative who has great financial sense.

It is also beneficial to note that Canada, the country she is railing against in the health care debate, has a lower debt ratio than her own state.

And you can take that to the bank, Mavericks.

Source


Comments

9 Responses to “Alaska Largest Of State Debt After Sarah Palin”

  1. Degar on April 1st, 2010 10:53 am

    The “love of money” is the root of all evil!

  2. Alyssa on April 1st, 2010 11:32 am

    And people still support her??? Everytime i see new things about her it just makes me wonder how dumb some people in this country are….

  3. Glen on April 1st, 2010 4:10 pm

    This is simply a lie. Palin balanced all three annual state budgets she signed. And the Wasilla deficit numbers erroneously include a twenty year capitol improvement bond in an annual budget deficit comparison. This report intermingles the terms debt, deficit, and “personal debt”, showing that the author has little understanding of accounting. Perhaps the author could provide a link to her numbers.

  4. M 3.0, Fox Islands, Aleutian Islands, Alaska (urn:earthquake-usgs-gov:ak:10041381) | Quake Focus on April 1st, 2010 6:45 pm

    […] Alaska Largest Of State Debt After Sarah Palin | ChattahBox News Blog […]

  5. M 2.6, Central Alaska (urn:earthquake-usgs-gov:ak:10041412) | Quake Focus on April 1st, 2010 9:57 pm

    […] Alaska Largest Of State Debt After Sarah Palin | ChattahBox News Blog […]

  6. M 3.2, Southern Alaska (urn:earthquake-usgs-gov:ak:10041430) | Quake Focus on April 2nd, 2010 5:19 am

    […] Alaska Largest Of State Debt After Sarah Palin | ChattahBox News Blog […]

  7. Paydaylin's Purse on April 3rd, 2010 11:49 am

    This straw woman is no fiscal conservative. For a portion of a term she governed the only state within the United States which provides it’s citizens with thousands annually in payouts from oil revenue. So much for being against socialism. When I last checked, the Constitutional Budget Reserve, thanks on part to the Alaska Permanent Fund, has nearly 8 billion dollars in it. Unusual that there’s any deficit whatsoever, anywhere in the state.
    Ms. Mooseberger’s murky fiscal conservatism is still packed in trash bags laying around the RNC somewhere, hoping to be donated to some charitable cause that will take now wrinkled, moldy clothes.
    Returning to Juneau after the beatdown, she ignored pleas of native Alaskans who made daily decisions between eating and heating. Finally Good Samaritan, a charitable support group, provided thousands of pounds of food not at government expense. The hypocrite just had to jump in the airplane and fly up to put her hands on a box as it was coming off the truck for the good photo op though.
    After being branded “Wasilla Hillbillies looting Neiman Marcus from coast to coast” during the nightmare of the McCain campaign, Sarah couldn’t leave that greedy overindulgence behind. During her recent stint in Hollywood pitching herself as a voice for a show she will not write, produce, direct or film, she and her yuck it up entourage ravaged Oscar giveaway locations to the point they were shown the door.
    Now theiving hundreds of thousands of dollars per event, she walks out on stage to give the same old lame old shake and howdy that the Hannity/Beck/Limbaugh crowd laps up like dogs, never realizing that the very things they are against such as wreckless spending and getting nothing for it is something in which they are partaking.
    All this because of a fiscal conservative average American hockey mom. My ass.

  8. Anonymous on April 10th, 2010 1:18 pm

    […] be wrong? Protip: Palin is no longer a politician. She quit her public office after making Alaska the most debt-laden state in the union. But you take her seriously. __________________ Dear Conservatives, You got your […]

  9. As Sarah Palin’s popularity grows in the US, the rest of the world weeps « Factfromfiction on September 15th, 2010 6:34 am

    […] In fact as a direct result of her policies, she left the state with quite a serious amount of debt. One report documents during her previous time as Mayor; The deficit in Wasilla went from $1 million to $22 […]

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