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When Palin says something – it’s better to – go and double check!
SHARE 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.
Republican vice presidential candidate Alaska Gov. Sarah Palin speaks duringa vice presidential debate at Washington University in St. Louis, Mo., Thursday, Oct. 2, 2008.
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.
Gara said that after it was clear the bill had stalled, he and others pressed the administration directly on Sudan divestment.
“We were outraged,” Gara recounted. “We went to the Commissioner of Revenue and said, ‘What the hell are you guys doing? This is genocide. We’re going to keep pushing this until we divest.”
Two months later, at the end of the legislative session, the administration softened its position. Appearing before a Senate committee which was considering a companion measure to Gara’s bill, Palin’s Treasury commissioner, Patrick Galvin, stated the administration supported such a measure, though it hoped to amend the bill to allow for investments held indirectly, for example in index funds.
“At the last minute they showed up” and supported the divestment effort, Gara said. But by then the legislative session was almost over, and there wasn’t enough time to get it passed.
The Alaska Permanent Fund currently holds $22 million in Sudan-linked investments, according to the non-profit Sudan Divestment Task Force. Divestment advocates say the fund does not need an act of the state legislature to divest itself of those holdings.
The McCain-Palin campaign did not immediately respond to a request for comment.
Sen. John McCain, R-Ariz., has been a strong supporter of Sudan divestment efforts, and has urged Americans to liquidate their holdings in companies who do business there. He was criticized for that position when it was revealed in May his wife Cindy held $2 million in investment funds owning shares of Sudan-linked companies. She sold those holdings following a reporter’s inquiries.
Source: ABC
John McCain celebrated his own role in the final federal government bailout package Monday on stage in front of several hundred Ohioans gathered for a campaign rally.
“I believe that inaction was not an option,” the Republican presidential candidate said. “I put my campaign on hold for a couple of days last week.” To applause, he continued: “I know that many of you have noticed it’s not my style to simply phone it in.”
That sentiment — not “phoning it in” was the campaign line throughout the weekend. On Friday at the first presidential debate, close McCain confidante Sen. Lindsey Graham praised McCain’s return to Washington. “This is one you just can’t phone in,” he said.
A McCain spokeswoman on the plane ride to Mississippi expressed the same. “Meeting face-to-face with people is always more effective than phoning it in,” she said.
And yet, the Arizona senator spent a lot of time on the phone. At the end of last week and over the entire weekend in Washington, he made lots of phone calls, many from his Northern Virginia condo, across the Potomac River from Capitol Hill.
Let’s rewind the clock and start at the beginning. Last Thursday, McCain returned to Washington and headed straight for Capitol Hill. After a few meetings there, he went to one at the White House and then retired to his condo by 6:30 p.m. to make phone calls.

Last Thursday, McCain returned to Washington and headed straight for Capitol Hill. After a few meetings there, he went to one at the White House and then retired to his condo by 6:30 p.m. to make phone calls.
On Saturday, McCain called a slew of top players, including President George W. Bush, Treasury Secretary Henry Paulson and Fed Chairman Ben Bernanke. He also called three senators (Mitch McConnell of Kentucky, Judd Gregg of New Hampshire and Jon Kyl or Arizona) and 10 Republican House members including Minority Leader John Boehner of Ohio.
McCain was spotted several times making the less-than-one-minute drive between his headquarters and his residence — on his cellphone.
Asked why he wasn’t making the trek to the Hill, McCain senior adviser Mark Salter responded: “Because he can effectively do what he needs to do by phone,” and added, “He’s calling members on both sides, talking to people in the administration, helping out as he can.”
On Sunday, during an appearance on ABC-TV’s “This Week,” McCain again said he wasn’t just “phoning” it in. “I did the best that I could,” he said of his work on the package. “I came back because I wasn’t going to phone it in.”
On Monday, he went so far as to slam his opponent, Democratic contender Barack Obama, for not doing enough. “That’s not leadership, that’s watching from the sidelines,” he said of Obama. “And watching from the sidelines is exactly what got us into this mess.”
McCain also defended the criticism coming at him. “You know remarkably some people have criticized my decision to put my country first,” he said. “But I’ll never be a president who sits on the sidelines when this country faces a crisis. I’ll never do that.”
Source: WSJ
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