Conquering the Storm

by Sarah Palin on Monday, August 8, 2011 at 3:53pm

In the coming days we’ll sort through the repercussions of S&P’s downgrade of our credit rating, including concerns about the impact a potential interest rate increase would have on our ability to service our suffocating $14.5 trillion debt.
I’m surprised that so many people seem surprised by S&P’s decision. Weren’t people paying attention over the last year or so when we were getting warning after warning from various credit rating agencies that this was coming? I’ve been writing and speaking about it myself for quite some time.

Back in December 2010, I wrote: “If the European debt crisis teaches us anything, it’s that tomorrow always comes. Sooner or later, the markets will expect us to settle the bill for the enormous Obama-Pelosi-Reid spending binge. We’ve already been warned by the credit ratings agency Moody’s that unless we get serious about reducing our deficit, we may face a downgrade of our credit rating.” And again in January, in response to President Obama’s State of the Union address I wrote: “With credit ratings agency Moody’s warning us that the federal government must reverse the rapid growth of national debt or face losing our triple-A rating, keep in mind that a nation doesn’t look so ‘great’ when its credit rating is in tatters.”

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?

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The Sugar Daddy Has Run Out of Sugar; Now We Need New Leaders

by Sarah Palin on Saturday, July 9, 2011 at 3:22pm

Barack Obama’s big government policies continue to fail. He should put a link to the national debt clock on his BlackBerry. The gears on that clock have nearly exploded during his administration. Yesterday’s terrible job numbers should not be a surprise because it all goes back to our debt. Our dangerously unsustainable debt is wiping out our jobs, crippling our economic growth, and jeopardizing our position in the global economy as the leader of the free world.

As a governor, I had to deal with facts, even unpleasant ones. I dealt with the world as it is, not as I wished it to be. The “elite” political class in this country with their heads in the sand had better face some unpleasant facts about the world as it is. They’ve run out of money and no amount of accounting gimmicks or happy talk will change this reality. Those of us who live in the real world could see this day coming.

Back in January 2009, as governor of Alaska, I announced: “We also have to be mindful about the effect of the stimulus package on the national debt and the future economic health of the country. We won’t achieve long-term stability if we continue borrowing massive sums from foreign countries and remain dependent on foreign sources of oil and gas.” Then I urged President Obama to veto the stimulus bill because it was loaded with absolutely useless pork and unfunded mandates. Everyone knows my early and vocal opposition to that mother of all unfunded mandates known as Obamacare starting back in August 2009, and many recall my objections to the Federal Reserves’ inflationary games with our currency known as QE2 from November 2010. It’s a matter of public record that I did not go to Harvard Law School, but I can add.

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Sarah Palin < > Al Gore: 1 - 0

The Washington Post Op-ed and Response to Climate Change and Gravity
Gisteren om 14:34

Copenhagen’s political science

The Washington Post
By Sarah Palin
Wednesday, December 9, 2009

With the publication of damaging e-mails from a climate research center in Britain, the radical environmental movement appears to face a tipping point. The revelation of appalling actions by so-called climate change experts allows the American public to finally understand the concerns so many of us have articulated on this issue.

“Climate-gate,” as the e-mails and other documents from the Climate Research Unit at the University of East Anglia have become known, exposes a highly politicized scientific circle -- the same circle whose work underlies efforts at the Copenhagen climate change conference. The agenda-driven policies being pushed in Copenhagen won’t change the weather, but they would change our economy for the worse.

The e-mails reveal that leading climate “experts” deliberately destroyed records, manipulated data to “hide the decline” in global temperatures, and tried to silence their critics by preventing them from publishing in peer-reviewed journals. What’s more, the documents show that there was no real consensus even within the CRU crowd. Some scientists had strong doubts about the accuracy of estimates of temperatures from centuries ago, estimates used to back claims that more recent temperatures are rising at an alarming rate.

This scandal obviously calls into question the proposals being pushed in Copenhagen. I’ve always believed that policy should be based on sound science, not politics. As governor of Alaska, I took a stand against politicized science when I sued the federal government over its decision to list the polar bear as an endangered species despite the fact that the polar bear population had more than doubled. I got clobbered for my actions by radical environmentalists nationwide, but I stood by my view that adding a healthy species to the endangered list under the guise of “climate change impacts” was an abuse of the Endangered Species Act. This would have irreversibly hurt both Alaska’s economy and the nation’s, while also reducing opportunities for responsible development.

Our representatives in Copenhagen should remember that good environmental policymaking is about weighing real-world costs and benefits -- not pursuing a political agenda. That’s not to say I deny the reality of some changes in climate -- far from it. I saw the impact of changing weather patterns firsthand while serving as governor of our only Arctic state. I was one of the first governors to create a subcabinet to deal specifically with the issue and to recommend common-sense policies to respond to the coastal erosion, thawing permafrost and retreating sea ice that affect Alaska’s communities and infrastructure.

But while we recognize the occurrence of these natural, cyclical environmental trends, we can’t say with assurance that man’s activities cause weather changes. We can say, however, that any potential benefits of proposed emissions reduction policies are far outweighed by their economic costs. And those costs are real. Unlike the proposals China and India offered prior to Copenhagen -- which actually allow them to increase their emissions -- President Obama’s proposal calls for serious cuts in our own long-term carbon emissions. Meeting such targets would require Congress to pass its cap-and-tax plans, which will result in job losses and higher energy costs (as Obama admitted during the campaign). That’s not exactly what most Americans are hoping for these days. And as public opposition continues to stall Congress’s cap-and-tax legislation, Environmental Protection Agency bureaucrats plan to regulate carbon emissions themselves, doing an end run around the American people.

In fact, we’re not the only nation whose people are questioning climate change schemes. In the European Union, energy prices skyrocketed after it began a cap-and-tax program. Meanwhile, Australia’s Parliament recently defeated a cap-and-tax bill. Surely other nations will follow suit, particularly as the climate e-mail scandal continues to unfold.

In his inaugural address, President Obama declared his intention to “restore science to its rightful place.” But instead of staying home from Copenhagen and sending a message that the United States will not be a party to fraudulent scientific practices, the president has upped the ante. He plans to fly in at the climax of the conference in hopes of sealing a “deal.” Whatever deal he gets, it will be no deal for the American people. What Obama really hopes to bring home from Copenhagen is more pressure to pass the Democrats’ cap-and-tax proposal. This is a political move. The last thing America needs is misguided legislation that will raise taxes and cost jobs -- particularly when the push for such legislation rests on agenda-driven science.

Without trustworthy science and with so much at stake, Americans should be wary about what comes out of this politicized conference. The president should boycott Copenhagen.

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Steven Hayward has a great article in The Weekly Standard on the Climategate scandal. Be sure to check it out.

The response to my op-ed by global warming alarmists has been interesting. Former Vice President Al Gore has called me a “denier” and informs us that climate change is “a principle in physics. It’s like gravity. It exists.”

Perhaps he’s right. Climate change is like gravity – a naturally occurring phenomenon that existed long before, and will exist long after, any governmental attempts to affect it.

However, he’s wrong in calling me a “denier.” As I noted in my op-ed above and in my original Facebook post on Climategate, I have never denied the existence of climate change. I just don’t think we can primarily blame man’s activities for the earth’s cyclical weather changes.

Former Vice President Gore also claimed today that the scientific community has worked on this issue for 20 years, and therefore it is settled science. Well, the Climategate scandal involves the leading experts in this field, and if Climategate is proof of the larger method used over the past 20 years, then Vice President Gore seriously needs to consider that their findings are flawed, falsified, or inconclusive.

Vice President Gore, the Climategate scandal exists. You might even say that it’s sort of like gravity: you simply can’t deny it.

- Sarah Palin

Copenhagen’s political science