Sarah Palin raps Obama for debt downgrade

In a 2,300-word posting on Facebook about Standard & Poor’s downgrade of the U.S. government’s credit rating, Sarah Palin said Monday that she had warned of the danger of federal overspending, adding that President Obama “doesn’t have a plan” or “even a notion of how to deal” with the fiscal issues facing the country.

“Be wary of the efforts President Obama makes to ‘fix’ the debt problem. The more he tries to ‘fix’ things, the worse they get because his ‘solutions’ always involve spending more, taxing more, growing government, and increasing debt,” Palin wrote. “His press conference today was just a rehash of his old talking points and finger-pointing.”

“That’s why he can’t be re-elected in 2012.”

Though Palin is still considered a possible 2012 challenger to Obama, she has hardly taken the traditional approach to campaigning. She was last seen publicly for any length of time during an East Coast bus tour in late May. While most major Republican candidates are competing in Iowa’s Ames Straw Poll this weekend, Palin has not recently visited the state.
But she does communicate regularly with her fans via Facebook, and she made clear in Monday’s post that she sides with the tea party Republicans who were loath to compromise with Obama in debt negotiations.(Continues here)