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Wednesday, October 22, 2008

Gov. Sarah Palin charged the state for her children to travel with her

ANCHORAGE, Alaska — Gov. Sarah Palin charged the state for her children to travel with her, including to events where they were not invited, and later amended expense reports to specify that they were on official business.

The charges included costs for hotel and commercial flights for three daughters to join Palin to watch their father in a snowmobile race, and a trip to New York, where the governor attended a five-hour conference and stayed with 17-year-old Bristol for five days and four nights in a luxury hotel.

In all, Palin has charged the state $21,012 for her three daughters' 64 one-way and 12 round-trip commercial flights since she took office in December 2006. In some other cases, she has charged the state for hotel rooms for the girls.

Alaska law does not specifically address expenses for a governor's children. The law allows for payment of expenses for anyone conducting official state business.

As governor, Palin justified having the state pay for the travel of her daughters — Bristol, 17; Willow, 14; and Piper, 7 — by noting on travel forms that the girls had been invited to attend or participate in events on the governor's schedule.

But some organizers of these events said they were surprised when the Palin children showed up uninvited, or said they agreed to a request by the governor to allow the children to attend.

Several other organizers said the children merely accompanied their mother and did not participate. The trips enabled Palin, whose main state office is in the capital of Juneau, to spend more time with her children.

"She said any event she can take her kids to is an event she tries to attend," said Jennifer McCarthy, who helped organize the June 2007 Family Day Celebration picnic in Ketchikan that Piper attended with her parents.

State Finance Director Kim Garnero told The Associated Press she has not reviewed the Palins' travel expense forms, so she could not say whether the daughters' travel with their mother would meet the definition of official business.

On Aug. 6, three weeks before Republican presidential nominee Sen. John McCain chose Palin his running mate, and after Alaska reporters asked for the records, Palin ordered changes to previously filed expense reports for her daughters' travel.

In the amended reports, Palin added phrases such as "First Family attending" and "First Family invited" to explain the girls' attendance.

"The governor said, 'I want the purpose and the reason for this travel to be clear,'" said Linda Perez, state director of administrative services.

When Palin released her family's tax records as part of her vice presidential campaign, some tax experts questioned why she did not report the children's state travel reimbursements as income.

The Palins released a review by a Washington attorney who said state law allows the children's travel expenses to be reimbursed and not taxed when they conduct official state business.

Taylor Griffin, a McCain-Palin campaign spokesman, said Palin followed state policy allowing governors to charge for their children's travel. He said the governor's office has invitations requesting the family to attend some events, but he said he did not have them to provide.

In October 2007, Palin brought daughter Bristol along on a trip to New York for a women's leadership conference. Plane tickets from Anchorage to La Guardia Airport for $1,385.11 were billed to the state, records show, and mother and daughter shared a room for four nights at the $707.29-per-night Essex House hotel, which overlooks Central Park.

The event's organizers said Palin asked if she could bring her daughter.

Alexis Gelber, who organized Newsweek's Third Annual Women & Leadership Conference, said she does not know how Bristol ended up attending. Gelber said invitees usually attend alone, but some ask if they can bring a relative or friend.

Griffin, the campaign spokesman, said he believes someone with the event personally sent an e-mail to Bristol inviting her, but he did not have it to provide. Records show Palin also met with Mayor Michael Bloomberg and Goldman Sachs representatives and visited the New York Stock Exchange.

In January, the governor, Willow and Piper showed up at the Alaska Symphony of Seafood Buffet, an Anchorage gala to announce winners of an earlier seafood competition.

"She was just there," said James Browning, executive director of Alaska Fisheries Development Foundation, which runs the event. Griffin said the governor's office received an invitation that was not specifically addressed to anyone.

When Palin amended her children's expense reports, she listed a role for the two girls at the function — "to draw two separate raffle tickets."

In the original travel form, Palin listed a number of events that her children attended and said they were there "in official capacity helping." She did not identify any specific roles for the girls.

In July, the governor charged the state $2,741.26 to take Bristol and Piper to Philadelphia for a meeting of the National Governors Association. The girls had their own room for five nights at the Ritz-Carlton Hotel for $215.46 a night, expense records show.

Expense forms describe the girls' official purpose as "NGA Governor's Youth Programs and family activities." But those programs were activities designed to keep children busy, a service provided by the NGA to accommodate governors and their families, NGA spokeswoman Jodi Omear said.

In addition to the commercial flights, the children have traveled dozens of times with Palin on a state plane. For these flights, the total cost of operating the plane, at $971 an hour, was about $55,000, according to state flight logs. The cost of operating the state plane does not increase when the children join their mother.

The organizer of an American Heart Association luncheon on Feb. 15 in Fairbanks said Palin asked to bring daughter Piper to the event, and the organizer said she was surprised when Palin showed up with daughters Willow and Bristol as well.

The three Palin daughters shared a room separate from their mother at the Princess Lodge in Fairbanks for two nights, at a cost to the state of $129 per night.

The luncheon took place before Palin's husband, Todd, finished fourth in the 2,000-mile Iron Dog snowmobile race, also in Fairbanks. The family greeted him at the finish line.

When Palin showed up at the luncheon with not just Piper but also Willow and Bristol, organizers had to scramble to make room at the main table, said Janet Bartels, who set up the event.

"When it's the governor, you just make it happen," she said.

The state is already reviewing nearly $17,000 in per diem payments to Palin for more than 300 nights she slept at her own home, 40 miles from her satellite office in Anchorage.

Tony Knowles, a Democratic former governor of Alaska who lost to Palin in a 2006 bid to reclaim the job, said he never charged the state for his three children's commercial flights or claimed their travel as official state business.

Knowles, who was governor from 1994 to 2002, is the only other recent Alaska governor who had school-age children while in office.

"There was no valid reason for the children to be along on state business," said Knowles, a supporter of Democratic presidential nominee Barack Obama. "I cannot recall any instance during my eight years as governor where it would have been appropriate to claim they performed state business."

Knowles said he brought his children to one NGA event while in office but didn't charge the state for their trip.

In February 2007, the three girls flew from Juneau to Anchorage on Alaska Airlines. Palin charged the state for the $519.30 round-trip ticket for each girl, and noted on the expense form that the daughters accompanied her to "open the start of the Iron Dog race."

The children and their mother then watched as Todd Palin and other racers started the competition, which Todd won that year. Palin later had the relevant expense forms changed to describe the girls' business as "First Family official starter for the start of the Iron Dog race."

The Palins began charging the state for commercial flights after the governor kept a 2006 campaign promise to sell a jet bought by her predecessor.

Palin put the jet up for sale on eBay, a move she later trumpeted in her star-making speech at the Republican National Convention, and it was ultimately sold by the state at a loss.

That left only one high-performance aircraft deemed safe enough for her to use — a 1980 twin-engine King Air assigned to the public safety agency but, according to flight logs, out of service for maintenance and repairs about a third of the time Palin has been governor.

Monday, October 6, 2008

Let's Get Serious: Tina Fey for Vice President-Independent Party


Click HERE:







Wednesday, October 1, 2008

Wall Street Is Licking Its Chops at the Bush Team's Multi-Hundred Billion Dollar Giveaway Plan

Before I lay bare McCain,as in the emperor with no
clothes,having the Bush Administration trot out
Treasury Secretary Henry Paulson (former CEO of Goldman
Sachs who is a primary owner of the Federal Reserve
System as is JPMorganChase)and tell everyone that
unless we give the unscrupulous bankers $700,the
U.S.economy is going to collapse is strangely
similar to what that other Bush flunky did when
he sat at the United Nations and told the world
that unless the U.S. attacked Iraq immediately,
we would all be blown into the Stone Age because
they had weapons of mass destruction.That other
Bush flunky,unless you forget,was no other than
the former trusted General Colin Powell.Now it
seems Henry Paulson has soiled himself in public.


Let William Greider tell the story as only he can:
Wall Street Is Licking Its Chops at the Bush Team's Multi-Hundred Billion Dollar Giveaway Plan


Financial-market wise guys, who had been seized with fear, are suddenly drunk with hope. They are rallying explosively because they think they have successfully stampeded Washington into accepting the Wall Street Journal solution to the crisis: Dump it all on the taxpayers. That is the meaning of the massive bailout Treasury Secretary Henry Paulson has shopped around Congress. It would relieve the major banks and investment firms of their mountainous rotten assets and make the public swallow their losses -- many hundreds of billions, maybe much more. What's not to like if you are a financial titan threatened with extinction?



If Wall Street gets away with this, it will represent an historic swindle of the American public -- all sugar for the villains, lasting pain and damage for the victims. My advice to Washington politicians: Stop, take a deep breath and examine what you are being told to do by so-called "responsible opinion." If this deal succeeds, I predict it will become a transforming event in American politics -- exposing the deep deformities in our democracy and launching a tidal wave of righteous anger and popular rebellion. As I have been saying for several months, this crisis has the potential to bring down one or both political parties, take your choice.



Christopher Whalen of Institutional Risk Analytics, a brave conservative critic, put it plainly: "The joyous reception from Congressional Democrats to Paulson's latest massive bailout proposal smells an awful lot like yet another corporatist lovefest between Washington's one-party government and the Sell Side investment banks."



A kindred critic, Josh Rosner of Graham Fisher in New York, defined the sponsors of this stampede to action: "Let us be clear, it is not citizen groups, private investors, equity investors or institutional investors broadly who are calling for this government purchase fund. It is almost exclusively being lobbied for by precisely those institutions that believed they were 'smarter than the rest of us,' institutions who need to get those assets off their balance sheet at an inflated value lest they be at risk of large losses or worse."



Let me be clear. The scandal is not that government is acting. The scandal is that government is not acting forcefully enough -- using its ultimate emergency powers to take full control of the financial system and impose order on banks, firms and markets. Stop the music, so to speak, instead of allowing individual financiers and traders to take opportunistic moves to save themselves at the expense of the system. The step-by-step rescues that the Federal Reserve and Treasury have executed to date have failed utterly to reverse the flight of investors and banks worldwide from lending or buying in doubtful times. There is no obvious reason to assume this bailout proposal will change their minds, though it will certainly feel good to the financial houses that get to dump their bad paper on the government.



A serious intervention in which Washington takes charge would, first, require a new central authority to supervise the financial institutions and compel them to support the government's actions to stabilize the system. Government can apply killer leverage to the financial players: Accept our objectives and follow our instructions or you are left on your own -- cut off from government lending spigots and ineligible for any direct assistance. If they decline to cooperate, the money guys are stuck with their own mess. If they resist the government's orders to keep lending to the real economy of producers and consumers, banks and brokers will be effectively isolated, therefore doomed.



Only with these conditions, and some others, should the federal government be willing to take ownership -- temporarily -- of the rotten financial assets that are dragging down funds, banks and brokerages. Paulson and the Federal Reserve are trying to replay the bailout approach used in the 1980s for the savings and loan crisis, but this situation is utterly different. The failed S&Ls held real assets -- property, houses, shopping centers -- that could be readily resold by the Resolution Trust Corporation at bargain prices. This crisis involves ethereal financial instruments of unknowable value -- not just the notorious mortgage securities but various derivative contracts and other esoteric deals that may be virtually worthless.



Despite what the pols in Washington think, the RTC bailout was also a Wall Street scandal. Many of the financial firms that had financed the S&L industry's reckless lending got to buy back the same properties for pennies from the RTC -- profiting on the upside, then again on the downside. Guess who picked up the tab? I suspect Wall Street is envisioning a similar bonanza -- the chance to harvest new profit from their own fraud and criminal irresponsibility.



If government acts responsibly, it will impose some other conditions on any broad rescue for the bankers. First, take due bills from any financial firms that get to hand off their spoiled assets, that is, a hard contract that repays government from any future profits once the crisis is over. Second, when the politicians get around to reforming financial regulations and dismantling the gimmicks and "too big to fail" institutions, Wall Street firms must be prohibited from exercising their usual manipulations of the political system. Call off their lobbyists, bar them from the bribery disguised as campaign contributions. Any contact or conversations between the assisted bankers and financial houses with government agencies or elected politicians must be promptly reported to the public, just as regulated industries are required to do when they call on government regulars.



More important, if the taxpayers are compelled to refinance the villains in this drama, then Americans at large are entitled to equivalent treatment in their crisis. That means the suspension of home foreclosures and personal bankruptcies for debt-soaked families during the duration of this crisis. The debtors will not escape injury and loss -- their situation is too dire -- but they deserve equal protection from government, the chance to work out things gradually over some years on reasonable terms.



The government, meanwhile, may have to create another emergency agency, something like the New Deal, that lends directly to the real economy -- businesses, solvent banks, buyers and sellers in consumer markets. We don't know how much damage has been done to economic growth or how long the cold spell will last, but I don't trust the bankers in the meantime to provide investment capital and credit. If necessary, Washington has to fill that role, too.



Finally, the crisis is global, obviously, and requires concerted global action. Robert A. Johnson, a veteran of global finance now working with the Campaign for America's Future, suggests that our global trading partners may recognize the need for self-interested cooperation and can negotiate temporary -- maybe permanent -- reforms to balance the trading system and keep it functioning, while leading nations work to put the global financial system back in business.



The agenda is staggering. The United States is ill equipped to deal with it smartly, not to mention wisely. We have a brain-dead lame duck in the White House. The two presidential candidates are trapped by events, trying to say something relevant without getting blamed for the disaster. The people should make themselves heard in Washington, even if only to share their outrage.



William Greider is the author of, most recently, "The Soul of Capitalism" (Simon & Schuster).