Tue
Sep 2 2008
10:46 am
Palin leaves town with $20 million in debt
By: Justin

Why did Palin leave Wasilla $20m in debt?

— Mayoral performance. Palin, who portrays herself as a fiscal conservative, racked up nearly $20 million in long-term debt as mayor of the tiny town of Wasilla — that amounts to $3,000 per resident. She argues that the debt was needed to fund improvements.

But she has all that executive experience™ so we can just forget about her past failures right?

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gonzone's picture

So that's why

Submitted by gonzone on Tue, 2008/09/02 - 11:04am.

So that's why [McCain] loves him some Sayrah PalindroNe.

Her fiscal talents remind him of his favoritest pResidnet ever, Georgie Dubya!

And don't forget, her leadership of the Alaska National Guard with its three dog teams and one Cessna makes her a military leader. With foreign experience 'cause Russia is right next door!

"When the going gets weird, the weird turn pro."
Hunter S. Thompson

gttim's picture

Well, it is not really debt.

Submitted by gttim on Tue, 2008/09/02 - 12:17pm.

Well, it is not really debt. It is just a future tax on the children of the current residents.

Anonymous's picture

debt

Submitted by Anonymous (not verified) on Tue, 2008/09/02 - 12:36pm.

20 million?????? Thats minor league to Bush & Cheney. Send her back to Alaska for some more practice.

reform4's picture

By comparison

Submitted by reform4 on Tue, 2008/09/02 - 5:04pm.

That would be like a debt of $1.2 BILLION for Knox County.

That's no small potatoes.

gonzone's picture

Welfare State

Submitted by gonzone on Tue, 2008/09/02 - 12:46pm.

The entire state of Alaska is a Welfare State, beholding to big oil interests annual checks and federal pork delivered by SayRah PalinDrone's best friend, Senator Ted Stevens.

"When the going gets weird, the weird turn pro."
Hunter S. Thompson

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