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WSJ: Palin Addresses Asian Investors
Wall Street Journal ^ | September 23, 2009 | JONATHAN CHENG and ALEX FRANGOS

Posted on 09/23/2009 6:00:50 AM PDT by SolidWood

HONG KONG -- Former Alaska Gov. Sarah Palin, in what was billed as her first public-speaking engagement outside North America, blamed the world financial crisis on government excesses and called for a new round of deregulation and tax cuts for U.S. businesses.

"We got into this mess because of government interference in the first place," the former Republican U.S. vice presidential candidate said Wednesday at a conference sponsored by investment firm CLSA Asia Pacific Markets. "We're not interested in government fixes, we're interested in freedom," she added.

On the foreign-policy front, she told the room full of bankers and executives of the importance of the global fight against terrorism and of finding ways to engage China as a global power. She said China "rightfully makes a lot of people nervous."

(Excerpt) Read more at online.wsj.com ...


TOPICS: Business/Economy; Government; Politics/Elections
KEYWORDS: addresses; asian; china; clsa; healthcare; hongkong; investors; islam; israel; military; obama; obamacare; palin; politics; sarahpalin; veterans
The Wall Street Journals take on it.
1 posted on 09/23/2009 6:00:51 AM PDT by SolidWood
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To: SolidWood

Has Tina Fey responded yet?

Pray for America


2 posted on 09/23/2009 6:04:20 AM PDT by bray (He's a Divider not a Uniter)
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To: SolidWood
Resume building! ...you go girl!
3 posted on 09/23/2009 6:06:05 AM PDT by TexasCajun
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To: SolidWood

“We got into this mess because of government interference in the first place,” the former Republican U.S. vice presidential candidate said Wednesday at a conference sponsored by investment firm CLSA Asia Pacific Markets. “We’re not interested in government fixes, we’re interested in freedom,” she added”

Atta Girl!


4 posted on 09/23/2009 6:07:39 AM PDT by edcoil (If I had 1 cent for every dollar the government saved, Bill Gates and I would be friends.)
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To: SolidWood

Yes, let’s let Wall Street run unfettered. It’s worked so well so far.


5 posted on 09/23/2009 6:09:23 AM PDT by Wolfie
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To: SolidWood

"See, in order to be self-sufficient (we) must be allowed to develop, to drill and build and climb to fulfill our promise! We can not start believing that government is the answer. It can’t make you happy or healthy or wealthy or wise. What can? It is the wisdom of the people and our families and our small businesses and industrious individuals. And it is God’s grace helping those who help themselves." - Sarah Palin, July 26, 2009

Sarah has the left, the DNC, the MSM and the RINOs all in a frenzy wondering what her next move will be...and has them frothing at the mouth in their efforts to discredit her.

But Sarah is now going around the country and the world giving speeches and promoting conservatie principles in the midst of the Obama administration disaster...and gaining great political capital in the process. She will support conservative candidates in 2010 and help them win, amassing much more political capital. She will then take all of that and make an awesome, stunning, and successful run for the Presidency in 2012.



MANY MORE STICKER DESIGNS HERE

"...like that grizzly guards her cubs, as a mother naturally guards her own. I will keep that vow wherever the road may lead." - Sarah Palin, July 26, 2009

Now, contrast these two photos:


SARAH PALIN HONORING AMERICA AT A 911 MEMORIAL CEREMONY


OBAMA DISHONORS AMERICA ON THE CAMPAIGN TRAIL

NUFF SAID.


6 posted on 09/23/2009 6:10:59 AM PDT by Jeff Head (Freedom is not free...never has been, never will be. (www.dragonsfuryseries.com))
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To: Wolfie
Yes, let’s let Wall Street run unfettered. It’s worked so well so far.

You do know that it was government policies that caused and aggraveted for years the housing market crash and financial crisis?

7 posted on 09/23/2009 6:16:57 AM PDT by SolidWood (Sarah Palin: "Only dead fish go with the flow!")
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To: SolidWood

“We’re not interested in government fixes, we’re interested in freedom,” - Sarah Palin.

This needs to be our battle cry for the next three years!


8 posted on 09/23/2009 6:17:22 AM PDT by Adams
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To: SolidWood
"We got into this mess because of government interference in the first place"

This woman gets it.

The roots of this was a banking crisis, brought about by Democrat interference with lending practices. Banks cannot sustain themselves if they are making unsound lending decisions based on political correctness. Lending money to people who can't or won't pay it back is insane.

The Democrat's solution" more government regulation of the financial sector.

9 posted on 09/23/2009 6:17:56 AM PDT by Senator Goldwater
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To: Senator Goldwater

Government was responsible for housing price bubble and loose monetary policy. Wall Street of course is always an easy scapegoat.


10 posted on 09/23/2009 6:20:19 AM PDT by SolidWood (Sarah Palin: "Only dead fish go with the flow!")
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To: Senator Goldwater
Unfortunately, there were a lot of banks (Bank of America and Citi being two of the more notorious examples) who were only too happy to go along with the government because they knew the taxpayers would share the risks, but not the profits, of their decision.

This is where she needs to bring the saner part of the economic populist wing on board.

11 posted on 09/23/2009 6:24:58 AM PDT by Vigilanteman (Obama: Fake black man. Fake Messiah. Fake American. How many fakes can you fit in one Zer0?)
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To: SolidWood

Holy cow! Someone finally points out the obvious and counters Obama’s repeated lie that too little government had been the cause. (Or, Bush’s embarrassing claim that it was a case of ‘Wall Street getting drunk’.)

Yes, we have a leader, and we can’t have her out there talking about this whole situation soon enough.

PS I really, really hope this is all in her book!


12 posted on 09/23/2009 6:26:02 AM PDT by 9YearLurker
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To: Vigilanteman

Investors, speculants and bankers are human with moral failings like greed and opportunism. If Government policies actively encourage them to behave risky and damaging, as did the lefty policies of the Democrats and RINOS forcing unsustainable mortgages for “social justice” and “affordable housing”, it is a failure of government. Plus at worst a failure of bankers ENCOURAGED by government.

The government business of Freddie Mac and Fannie Mae and a loose monetary polcy encouraged mistakes and wrong actions by the private sector.


13 posted on 09/23/2009 6:31:22 AM PDT by SolidWood (Sarah Palin: "Only dead fish go with the flow!")
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To: SolidWood
...common-sense conservatism... "It's just common sense that government attempts to solve problems like health care problem will just create new problems."

Love this. She's co-opting a phrase that liberals have been appropriating for years, as in "common-sense regulation," "commmon-sense gun control." etc. Who can be against common sense?

14 posted on 09/23/2009 6:32:41 AM PDT by denydenydeny ("I'm sure this goes against everything you've been taught, but right and wrong do exist"-Dr House)
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To: 9YearLurker
This sets up nicely the ACORN, Barny Frank, Obie Obama corruption triangle.
15 posted on 09/23/2009 6:33:13 AM PDT by gov_bean_ counter (Is it too soon for real conservatives to launch a "We Tried to Warn You Tour"?)
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To: SolidWood

What I love is that the WSJ has three articles on her speech—just hours after she made it. The news media can’t deny who’s the news maker.

(Does she end up with more press coverage because she closed it to the press?)


16 posted on 09/23/2009 6:33:19 AM PDT by 9YearLurker
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To: Wolfie

So far? When was Wall Street unfettered? I must have missed it.


17 posted on 09/23/2009 6:34:23 AM PDT by Durus (The People have abdicated our duties and anxiously hopes for just two things, "Bread and Circuses")
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To: denydenydeny

“Common sense conservatism” is more common sense than the RINO-inspired “compassionate conservatism”.


18 posted on 09/23/2009 6:35:21 AM PDT by newfreep ("Liberalism is just Communism sold by the drink." - P.J. O'Rourke)
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To: Durus
When was Wall Street unfettered? I must have missed it.

Before 1929... :o)

19 posted on 09/23/2009 6:36:28 AM PDT by SolidWood (Sarah Palin: "Only dead fish go with the flow!")
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To: gov_bean_ counter

That’s right. What other major politician has made the obvious point of the government forcing the banks to make bad loans?

(If anything, the Pubbie pols in Washington have been eager to sweep the corruption under the carpet because even though the Democrats were responsible for 80% of it, 20% could be tracked back to them.)


20 posted on 09/23/2009 6:37:42 AM PDT by 9YearLurker
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To: Senator Goldwater

That and the Fed’s holding interest rates too low. She’s taken direct aim at both of the (government-created) causes.


21 posted on 09/23/2009 6:38:28 AM PDT by 9YearLurker
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To: SolidWood
"We got into this mess because of government interference in the first place," the former Republican U.S. vice presidential candidate said Wednesday at a conference sponsored by investment firm CLSA Asia Pacific Markets. "We're not interested in government fixes, we're interested in freedom," she added.

Good lines, and I hope she elaborated on that some. It was far more than just the Fed's cheap money policies, but there is no full text of the speech yet so it's not possible to get her fuller take on the financial crisis.

22 posted on 09/23/2009 6:39:55 AM PDT by Will88
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To: Wolfie
Its true that Carter and then Clinton/Deval Patrick wrapped the banks in increasingly onerous CRA chains that forced them to lend to poor credit risks.

However it is also true that the abuse of leverage on the part of practically every major player in the economy, including the Fed, has become the most deadly threat to America.

Abusive leverage backstopped on the American taxpayer is about as virulent as it gets. FRE and Fannie Mae in particular were Democrat creations that seem to have been designed to destroy the economy while paying Democrats taxpayer money.

The investment banks and the Fed are currently locked in a toxic symbiosis - toxic for taxpayers - which will not end until Congress changes hands, if it does even then. The banks will have to be weaned off 'free' credit or left to die.

I do blame major players in Wall Street: especially 'Government Sachs'. But GS et al didn't get indefinite free credit in a vacuum: they needed the Democrats.

23 posted on 09/23/2009 6:45:00 AM PDT by agere_contra (The Democrats use Black people as human shields.)
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To: 9YearLurker
the Fed’s holding interest rates too low

Most, if not all of our recent economic woes can be traced to "free money" and or the Fed.
24 posted on 09/23/2009 6:50:11 AM PDT by John.Galt2012 (I'll take Liberty and you can keep the "Change"!)
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To: John.Galt2012

Yes, though as long as it was only people who could afford it dumping their cash into kitchen and bathroom makeovers there was no crisis. Economic inefficiency, but no crisis. It was the bad loans that gave a particularly ill form to the bad Fed policy.


25 posted on 09/23/2009 6:53:08 AM PDT by 9YearLurker
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To: 9YearLurker

I agree. Home improvement and 2nd mortgages were never the problem. The Bank had the house for collateral and could see a history of payment.


26 posted on 09/23/2009 6:58:40 AM PDT by John.Galt2012 (I'll take Liberty and you can keep the "Change"!)
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To: SolidWood
Indexing RELATED threads:
VIDEO: Palin Touts "Main Street, U.S.A." In Hong Kong Speech
 
09/23/2009 6:28:59 AM PDT · by ianschwartz · 13 replies · 444+ views
Real Clear Politics ^ | September 23, 2009 | Real Clear Politics

WSJ: Palin Addresses Asian Investors
 
09/23/2009 6:00:50 AM PDT · by SolidWood · 24 replies · 698+ views
Wall Street Journal ^ | September 23, 2009 | JONATHAN CHENG and ALEX FRANGOS
 

Palin marks first ever visit to Asia with Hong Kong speech
 
09/23/2009 5:45:35 AM PDT · by Ernest_at_the_Beach · 11 replies · 512+ views
MarketWatch ^ | Sept. 23, 2009, 6:31 a.m. EDT | MarketWatch
 

Europeans At CLSA Hong Kong: “Sarah Palin was Brilliant” Sarah On Obama: Making The Poor Poorer
 
09/23/2009 5:36:40 AM PDT · by MaxCUA · 12 replies · 560+ views
Citizen Palin 4 President ^
 

Blame Big Government for Economic Meltdown: Palin
 
09/23/2009 5:20:24 AM PDT · by Palin Republic · 21 replies · 808+ views
NBC LA ^ | Sep 23, 2009 | Jonathan Cheng
 

Palin Speaks to Investors in Hong Kong
 
09/23/2009 5:04:29 AM PDT · by Virginia Ridgerunner · 51 replies · 1,168+ views
The New York Times ^ | September 23, 2009 | MARK McDONALD
 

Palin slams Obama's spending in debut speech in Asia
 
09/23/2009 4:45:14 AM PDT · by rightwingintelligentsia · 14 replies · 955+ views
Breitbart.com ^ | September 23, 2009
 

Palin emerges in Asia with speech to investors
 
09/23/2009 1:48:39 AM PDT · by WVKayaker · 19 replies · 770+ views
AP ^ | 9/23/2009 | JEREMIAH MARQUEZ

27 posted on 09/23/2009 7:00:15 AM PDT by RonDog
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To: SolidWood

She is playing it very smart- she is running against big government

not obama

(but everyone knows they are one and the same)

I hope she gets rich from speechmaking! And produces tons of quotable material. The RINOs’ heads will explode.


28 posted on 09/23/2009 7:00:50 AM PDT by silverleaf (If we are astroturf, why are the democrats trying to mow us?)
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To: Wolfie

[Yes, let’s let Wall Street run unfettered. It’s worked so well so far.]

Unfettered means being allowed to fail. I see no evidence of any hands off approach by Bush and certainly not Obama.


29 posted on 09/23/2009 7:01:12 AM PDT by FastCoyote (I am intolerant of the intolerable.)
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To: FastCoyote

They were indeed too big to fail. They should never have been allowed to get that big.


30 posted on 09/23/2009 7:14:57 AM PDT by Wolfie
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Here are MORE links to reports about Governor Palin's recent speech in Hong Kong, from Drudge, posted by FReeper Ernest at the Beach:
To: All

From Drudge:

*************************************



Palin slams Obama's spending in debut Asian speech... [Breitbart.com]

Attacks Fed for Asset Bubbles... [Bloomberg]

Positioning herself as a libertarian? [New York Times]

'We're not interested in government fixes, we're interested in freedom'... [Wall Street Journal]

12 posted on Wednesday, September 23, 2009 6:52:42 AM by Ernest_at_the_Beach (Support Geert Wilders)

31 posted on 09/23/2009 7:24:16 AM PDT by RonDog
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To: SolidWood
Correct, but as long as the consequences of greed and opportunism can be foisted off on the U.S. taxpayer, we will continue to get more of it. Consequences (and rewards) need to be internalized insofar as possible in order to encourage more responsibility. This is where I am in absolute agreement with the saner wing of the economic populists.

The problem is that too many in that group are quick to make alliances with the left on nebulous issues of fairness, bipartisanship, protecting the environment, fighting global warming and other nonsense. McCain and Huckabee are two prime examples of those who drift between the sane and the insane wing of economic populism. Worse than William Jennings Bryant, one of the founding fathers of that school, ever did.

32 posted on 09/23/2009 7:58:00 AM PDT by Vigilanteman (Obama: Fake black man. Fake Messiah. Fake American. How many fakes can you fit in one Zer0?)
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To: Jeff Head

Wow Jeff


33 posted on 09/23/2009 8:16:13 AM PDT by CPT Clay (Pick up your weapon and follow me.)
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To: Vigilanteman

True laissez-faire, free market Capitalism means that private business gets both the reward and risk of investing and speculating. A true free Market lets those who made mistakes fail. The tax-money cushion, the “bailouts” that you correctly identify as part of the problem, since they lure banks and speculants to do risky business, are corporate welfare and a deviation from true capitalism. Like a welfare recipient, bankers and speculants will gladly (if they overlook the political strings attached) fall back on the taxpayer cushion.

You correctly identify the problem, but I don’t think that the answer should be called “economic populism”. The answer is a true free market, where government does neither supress private initiative, nor bails them out. Both are the two sides of the etatist coin. Too many of the “populists” correctly see the bailouts as wrong, but fail to recognize that the opposite of the current state is indeed a more laissez-faire capitalism.


34 posted on 09/23/2009 8:47:52 AM PDT by SolidWood (Sarah Palin: "Only dead fish go with the flow!")
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To: Durus
So far? When was Wall Street unfettered

Last time on record was 1898. After Gould and Vanderbilt crashed the market over a personal fight the story has been about more and more government control.
35 posted on 09/23/2009 9:01:28 AM PDT by GonzoGOP (There are millions of paranoid people in the world, and they are all out to get me.)
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To: SolidWood

I’ve been reading some of the comments, and man, the haters are out in force. Of course, they are regurgitating all the anti-Palin bs that they can think of. One comment stated that none of Sarah and Todd Palin’s kid ever made it out of high school. Someone in there rightfully noted that her eldest daughter is in college. But man, are the libs frazzled.

They are also repeating the crap about her (Sarah) not writing her speech. Of course she did, it’s not like she’s 0. Sure, she had help from other people, but I do expect that she wrote most of it. Unbelievable!


36 posted on 09/23/2009 10:47:22 AM PDT by ABQHispConservative (A Blue Dog Democrat is an oxyMoron!)
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