Palin Conquers the Storm

Human Events ^ | Tuesday August 9, 2011 | John Hayward

[Bigtigermike]

Sarah Palin Facebook page is a battleship from which many powerful broadsides have been launched. On Monday afternoon, she wrote one of her longer posts, called “Conquering the Storm,” to address the Obama Downgrade.

It’s a big piece, but well worth reading in full. Compare it to the weary talking-point retread our clueless President delivered in his statement on the same afternoon, and you can see why the markets were nose-diving even as Obama spoke. Palin wrote the speech he should have given, but is utterly incapable of conceiving.

As Palin points out, the S&P downgrade wasn’t a surprise to people who were paying attention. She claims no great powers of clairvoyance. She was just reading the statements pouring out of the credit agencies, which is hard to Democrats to do, since they immediately roll those statements into clubs for beating the Tea Party. She was also paying attention to the European horror show that Democrats work very hard at ignoring:

One doesn’t need a Harvard Law degree to figure this out! Just look across the pond at Europe. European nations with less debt and smaller deficits than ours and with real “austerity” plans in place to deal with them have had their ratings downgraded. By what magical thinking did we figure we could run up perpetual trillion dollar deficits and still somehow avoid the unforgiving mathematics of a downgrade? Nothing is ever “too big to fail.” And there’s no such thing as a free lunch. Didn’t we all learn that in our micro and macro econ classes? I did at the University of Idaho. How could Obama skip through Columbia and Harvard without learning that?

Palin was an early and perceptive critic of the QE2 currency manipulation program, dramatically outperforming all the high-level wizards of the Federal Reserve.

[SarahPalinForPresident2012]

She’s a genius