ABC: Palin lied last night about supporting divestiture from Sudan

You know, she just might make a great conservative presidential candidate in the future. Intellectually lightweight and a serial liar to boot. Would you trust this woman with your 401k?

From ABC:

Alaska Gov. Sarah Palin fought to protest atrocities in Sudan by dropping assets tied to the country’s brutal regime from the state’s multi-billion-dollar investment fund, she claimed during Thursday’s vice presidential debate.

Not quite, according to a review of the public record and according to the recollections of a legislator and others who pushed a measure to divest Alaskan holdings in Sudan-linked investments.

“The [Palin] administration killed our bill,” said Alaska state representative Les Gara, D-Anchorage. Gara and state Rep. Bob Lynn, R-Anchorage, co-sponsored a resolution early this year to force the Alaska Permanent Fund a $40 billion investment fund, a portion of whose dividends are distributed annually to state residents to divest millions of dollars in holdings tied to the Sudanese government.

In Thursday’s debate, Palin said she had advocated the state divest from Sudan. “When I and others in the legislature found out that we had some millions of dollars [of Permanent Fund investments] in Sudan, we called for divestment through legislation of those dollars,” Palin said.

But a search of news clips and transcripts from the time do not turn up an instance in which Palin mentioned the Sudanese crisis or concerns about Alaska’s investments tied to the ruling regime. Moreover, Palin’s administration openly opposed the bill, and stated its opposition in a public hearing on the measure.

“The legislation is well-intended, and the desire to make a difference is noble, but mixing moral and political agendas at the expense of our citizens’ financial security is not a good combination,” testified Brian Andrews, Palin’s deputy treasury commissioner, before a hearing on the Gara-Lynn Sudan divestment bill in February. Minutes from the meeting are posted online by the legislature.

Gara says the lack of support from Palin’s administration helped kill the measure.

“I walked out of that hearing livid,” Gara recalled of the February meeting. Because of the Palin administration’s opposition to the bill, “We could not get a vote in that committee,” he explained. At no point did Palin come out in support of the effort, Gara said.

I guess by “barracuda” they meant “liar.”


Follow me on Twitter: @aravosis | @americablog | @americabloggay | Facebook | Instagram | Google+ | LinkedIn. John Aravosis is the Executive Editor of AMERICAblog, which he founded in 2004. He has a joint law degree (JD) and masters in Foreign Service from Georgetown; and has worked in the US Senate, World Bank, Children's Defense Fund, the United Nations Development Programme, and as a stringer for the Economist. He is a frequent TV pundit, having appeared on the O'Reilly Factor, Hardball, World News Tonight, Nightline, AM Joy & Reliable Sources, among others. John lives in Washington, DC. .

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