The GOP jockeying for the chairmanship of the powerful House financial services committee has ignited a nasty fight within House Republican circles. Rep. Spencer Bachus (R-Ala.), as the senior Republican on the panel, is in line for the spot, and Rep. Ed Royce (R-Calif.) is challenging him. This insiders' tussle has drawn Sarah Palin into the fray. Yet in her desire to add Hill powerbroker to her resume, Palin has demonstrated that she is a Wall Street bailout hypocrite.
Palin entered this brawl after Bachus, following the midterm elections, blamed her for the GOP's failure to take over the Senate. Bachus was making a familiar point: because Palin backed tea party candidates in GOP primaries (such as Christine O'Donnell in Delaware) over more conventional and presumably electable Republicans, the GOP screwed up opportunities to win Senate seats ripe for the picking. "Sarah Palin cost us control of the Senate," Bachus groused.
Palin fired back, saying that because Bachus supported "the Bachus bigger government agenda," it was "no wonder he's not thrilled with people like me." She cited Bachus' votes for the Wall Street bailout and the cash-for-clunkers program as proof he was no "commonsense conservative." Palin's attack was widely interpreted as her placing a finger—or fist—on the scale for Royce (who voted against the TARP bailout). It also was a tremendous flip-flop. Palin was for the bank bailout before she was against it. ...............(more)
The complete piece is at:
http://motherjones.com/politics/2010/11/sarah-palin-wall-street-bailout-tarp