Palin to Bernanke: "Cease and Desist"
In remarks at a trade-association convention in Phoenix today, former vice presidential candidate Sarah Palin will urge Federal Reserve chairman Ben Bernanke to "cease and desist" buying up government debt, according to the National Review, which obtained a copy of her prepared remarks for the event.
"I'm deeply concerned about the Federal Reserve's plans to buy up anywhere from $600 billion to as much as $1 trillion of government securities," Palin's prepared remarks read. "What's the end game here?... All this pump priming will come at a serious price."
In the past, when she ran for Alaska governor, she freely admitted to a reporter that she got a "D" in macroeconomics in college. On another note, I think Carl Rove will take her down long before it's time for the primaries.