Conservatives4Palin

Delusions.

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“The next Treasury secretary will confront problems so daunting that even Alexander Hamilton would have trouble preserving the full faith and credit of the United States.”

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“This temporary, artificial economic “stimulus” bought at the expense of high inflation is no substitute for a stable currency and genuine long-term economic recovery.”

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The return of the misery index.

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The big question as Chairman Bernanke gets set for his first quarterly press conference is how Sarah Palin was able to figure out sooner than everyone else that the Federal Reserve’s campaign of quantitative easing wouldn’t work.

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Governor Palin and others have been sounding the alarm on Obama’s Jimmy Carteresque policies since his inauguration.  It’s amazing how long it takes for the mainstream media to catch on to reality, but it’s nice to see at least the Post eventually has.

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Inflation, as Milton Friedman noted, is nothing more than a tax governments impose on their citizens to pay for bad economic policy.

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In a speech in Phoenix in early November, Governor Palin warned that inflationary pressures were on the rise, particularly in the food and energy sectors.

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In a speech on Monday in Arizona, Governor Palin correctly noted that food prices were rising, and that QE2 would lead to even more inflationary pressure on food, oil, and other commodities. This prompted Sudeep Reddy, a Wall Street Journal reporter to question Governor Palin’s asserting that food prices were rising. Governor Palin then put [...]

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Refugees from the 1970s doubtlessly recall the daily parade of bad economic news to which they were treated each evening by the Big Three television networks (back then, due to a lack of competition, they actually had viewers). This period of time was characterized by a stagnant economy, high unemployment and interest rates, double digit [...]

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As Ian pointed out in the Open Thread, Gover Palin will be speaking at the Specialty Tools & Fasteners Distributors Association Annual National Convention and Trade Show in Phoenix. National Review obtained some of her remarks, they report: As President Obama prepares for the G20 summit in South Korea this week, Sarah Palin is challenging [...]

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