Alaska Governor Sarah Palin resigned because of an embezzlement scandal involving her actions as Mayor of Wasilla and receiving huge financial favors from Spenard Building Supplies.
The Sarah Palin embezzlement scandal now has Federal indictments being issued this month that would have crippled Palin's ability to govern effectively. Source
Please click on the link that reads Source to read the rest of the story about the possible embezzlement charges by the feds. This investigation has been in the works since last October with some Wasilla residents told to keep it under wraps under the investigation was complete. It seems that the Palins were building their house at the same time as a sports complex was being built in Wasilla and they both have the exact same windows, pretty much all the materials are the same.
Could this be the reason for Governor Palin's abrupt resignation and on a holiday week end at that? Why would she just step down so suddenly? On some blogs this is already being called the "Iceberg Scandal" and "Iceberg Gate" lol
I knew we hadn't heard the last of Sarah Palin. I had just hoped it would have been something on a more positive note.


Comments: 22
As Sarah shared, she has been inundated with lawsuits ever since her name became a national one. One has to wonder who is behind this and of what they are so afraid.
I'm not sure it matters who is behind this. I am going to be so disappointed if this rumor is true. I had such high hopes for Sarah Palin. I hope that she can produce some receipts or records from when their house was being built.
Todd claims that he and his buddies built the house but I really hope that they didn't get the materials as some sort of a kick back for the contract for the Sports Complex.
If there were any truth to this, don't you think that lamestream media would have jumped on it long ago? There have been all kinds of accusations thrown at her and her family since she became a household name. It's sad.
Any case should be fully documented and investigated before the media get to influence any outcome.
If this is true, she deserves to be smoked. So far none of these rumours of such corruption have done anything but cost her and the state of Alaska money to rebute. Guess we'll see.
I hope it isn't true but it's not looking good.
Thanks for commenting, Charles. Happy 4th.!
If it's rumors we're looking for, I heard NJ governor Jon Corzine sleeps with goats. He refuses to deny it. If true, he should be smoked.
LOL
Thanks for the laugh. And ewww ..... I hope that rumor isn't true either.
double ewww!
About Palin, if true, so be it. I will wait for facts but will not get them from the "nightly propaganda box".
This smells though...
Her explanation for her resignation simply is not adequate. It just doesn't ring true. I believe some scandalwill come to fore.
WE WILL SEE,IF THE WORLD IS STILL AROUND IN ABOUT 3 YEARS. WITH OBAMA I DON'T KNOW.
LEЯA © M., a source? Posted anonymously on Google All News?
Get serious! Their article on the "butterfly bra" was more credible.
thanks Randy.................
It's spreading on the web but no major news source yet.
I also read on several of the sites thats mayor of Wasilla Palin blocked a new requirement involving the public filing of building permits in Wasilla. This act successfully kept many of the details of the Palin home secret until now.
I've also seen pictures of her house and the sports complex and the windows do look alike. But that doesn't really prove anything.
The company that was awarded the contract for the complex also sponsors Todd Palin's snowmobile team.
My thoughts are that Wasilla was such a small town that maybe there just aren't that many building contractors or building supply companies around. Maybe several of the houses built around that time had similar style windows.
I don't know. But I'll keep looking into this story. I really hope she hasn't done anything unethical.
ever seen Chicago gangland politics before ? ? ?
I am still making my Palin in 2012 banners and stickers..........
I think it's just another attack to keep her from the "goal" for the next presidency.....
Palin and Keyes in 2012............
She was attacked from day 2 and it will continue. Still does not justify quitting. Let's look at the dollar amount spent by the state vs. the state budget. We will be talking about 0.001% in the grand scale of things. If she can't defend herself and work, then she did the right thing. However that makes her look bad for higher office.
I have to wonder whether she's taken heed of even the Republican pundits' urging that she gets down to some solid studying of issues, and just can't spend that much time devoting herself to such while she's still governor. On the other hand, if that is her real reason for abdicating, I don't also see it as a viable way to prepare for a run in 2012. That also would deem her as less than capable of leading the free world. I see her strong points, and I do feel that she's been maligned beyond any measure of rationale, but I don't also feel that she's presidential material. Is she less presidential material than our current Russian envoy? I don't think so, but in different ways she is no more or less the choice for what America needs to get us out of this mess.
I really doubt, though, that she has done anything that is untoward in this situation, and the truth will out.
there's always something, isnt there?
FBI says Palin isn't under investigation
This is from the Anchorage Daily News.
http://www.adn.com/palin/story/854318.html
YEAH! (happy dance)