POWIP Piece of Work In Progress

When Sarah talks, CLSA listens

 

Sarah Palin addressed an audience at the CLSA Asia Pacific Markets Conference today.  Although the forum was not officially filmed, and closed to the media, reports of the happening in the Wall Street Journal and Breitbart are starting to emerge; along with some of Sarah's choice words:

Lack of government wasn’t the problem. Government policies were the problem. The marketplace didn’t fail. It became exactly as common sense would expect it to. The government ordered the loosening of lending standards. The Federal Reserve kept interest rates low. The government forced lending institutions to give loans to people who, as I say, couldn’t afford them. Speculators spotted new investment vehicles, jumped on board and rating agencies underestimated risks…

Ah, that lovely Palin common sense.  An interesting juxtaposition to Obama's apologies and ideological surrender, eh?  Read both of the linked pieces, especially the Wall Street Journal link.  And for more on this see ACE's take, and Allah Pundit; both AllahP and Breitbart have video to boot!

UPDATE: The Wall Street Journal has another full story on her speech.  And from a NY Times piece:

Mr. Goodé, a New Yorker who said he would never vote for Mrs. Palin, said she acquitted herself well.  “They really prepared her well,” he said. “She was articulate and she held her own. I give her credit. They’ve tried to categorize her as not being bright. She’s bright.”

Just.Wow...

Rocketman