Palin leaves town $19 million in debt

Discussion in 'Congress' started by Chris, Sep 7, 2008.

  1. Chris
    Offline

    Chris Gold Member

    Joined:
    May 30, 2008
    Messages:
    23,154
    Thanks Received:
    1,958
    Trophy Points:
    205
    Location:
    Virginia
    Ratings:
    +2,089
    When Palin took over Wasilla, the town had no long-term debt. By the time she was done, debt service had increased by 69 percent, the town had close to $19 million in long-term debt, making the debt around $3000 per capita. And the Mccain campaign is asking us - seriously - to consider her a fiscal conservative.

    She is a Bush-Cheney fiscal conservative: low taxes, unprecedented new spending, utter incompetence, endemic cronyism and massive debt.

    The Daily Dish | By Andrew Sullivan
     
  2. jschuck12001
    Offline

    jschuck12001 Senior Member

    Joined:
    Sep 5, 2008
    Messages:
    937
    Thanks Received:
    48
    Trophy Points:
    51
    Location:
    Florida
    Ratings:
    +48
    Now thats change we can believe in if the Republicans get in. What Republican doesnt rack up debt.
     
  3. Chris
    Offline

    Chris Gold Member

    Joined:
    May 30, 2008
    Messages:
    23,154
    Thanks Received:
    1,958
    Trophy Points:
    205
    Location:
    Virginia
    Ratings:
    +2,089
    She mismanaged Wallisa, she abused her power as governor, she doesn't know sh*t about foreign policy, but hey, McCain thinks she's hot, so let's put her in as vice president.
     
  4. DiveCon
    Offline

    DiveCon gone

    Joined:
    Aug 10, 2008
    Messages:
    48,025
    Thanks Received:
    3,387
    Trophy Points:
    48
    Ratings:
    +3,387
    sigh, you just dont get it
    the debt is in bonds issued by the town, and the voters in the town approved them
     
  5. DiveCon
    Offline

    DiveCon gone

    Joined:
    Aug 10, 2008
    Messages:
    48,025
    Thanks Received:
    3,387
    Trophy Points:
    48
    Ratings:
    +3,387
    i hope your not alone on nov 5th
     
  6. jschuck12001
    Offline

    jschuck12001 Senior Member

    Joined:
    Sep 5, 2008
    Messages:
    937
    Thanks Received:
    48
    Trophy Points:
    51
    Location:
    Florida
    Ratings:
    +48
    I'm sure she didnt lobby for them to be approved. Dont act stupid like she didnt know what she was doing, Or did she?
     
  7. Navy1960
    Offline

    Navy1960 Senior Member

    Joined:
    Sep 4, 2008
    Messages:
    5,821
    Thanks Received:
    1,188
    Trophy Points:
    48
    Location:
    Arizona
    Ratings:
    +1,189
    Chris,

    It never ceases to amaze me how someone can look at a financial report with a jaded view and see, the big bad republicans at work. The fact is you may want to look at the real financial report before you make a blanket statement of how she left the town in such a state of disaster. I can assure you nothing could be further from the truth. I do see the motivation though, when the democrats see competition , rather than talk about the non existant merits of their own candidate the have come come up with something. So I guess this is it? I have taken the liberty of providing you the "entire" FY002 Wasilla , Alaska financial report. I paints a somewhat different picture than your claiming. As for long term debt? Just how do you think city's get things built? taxes and bonds, they have to sale the bonds in order to build the multi-use complex your talking about. Those bonds eventually mature. It's no different than you buying a US savings bond.

    http://blog.oregonlive.com/oregoniantest/2008/09/wasillabudget
     
    • Thank You! Thank You! x 1
  8. Luissa
    Offline

    Luissa Annoying Customer Supporting Member

    Joined:
    Sep 7, 2008
    Messages:
    43,190
    Thanks Received:
    5,593
    Trophy Points:
    1,785
    Location:
    TARDIS
    Ratings:
    +5,664
    That's great she manage a town of 6,000 people which had a surplus going into it. She got more earmarks then Boise, Idaho.
     
  9. Chris
    Offline

    Chris Gold Member

    Joined:
    May 30, 2008
    Messages:
    23,154
    Thanks Received:
    1,958
    Trophy Points:
    205
    Location:
    Virginia
    Ratings:
    +2,089
    She took a small town with very little debt and increased their debt to $20 million dollars in order to build a sports complex. She rushed the deal through before the city even had title to the land, thus costing this small town an additional $1.3 million dollars. She is an incompetent, power hungry, free spender, just like George Bush.
     
  10. DiveCon
    Offline

    DiveCon gone

    Joined:
    Aug 10, 2008
    Messages:
    48,025
    Thanks Received:
    3,387
    Trophy Points:
    48
    Ratings:
    +3,387
    as per your usual, fuck the fact, you will continue to post your lies
     

Share This Page