No it doesn't. If they want to burn you, they will go to any lengths to do so, even if it means fabricating charges. Government agencies are good at doing that. They will even take down innocent people just to get to the one person they want to get back at. This whole thing was created to damage her politically.
The MSM, as usual, is running lock-step in the line with the “Palin Abused Power” headline. People read that and form an opinion, especially since the story says a “panel” made the ruling. However, only one person wrote the decision and the panel didn’t endorse the ruling. But you have to read deep into the story to get the information. Sad.