Friday, 21 August 2009

Sarah Palin's bad, bad investment

Sarah Palin criticized the "Obama White House" for lending money to Petrobras, a Brazilian state oil company. According to her 2008 financial disclosure, the Palins had some money invested in T.RowePrice Latin American Fund. Among the 10 largest holdings is... Petrobras.

So it's OK for the Palins to expect a return on an investment in Petrobras, but it's wrong for "Obama's White House" to lend money to the same company?

Sarah Palin's returns would have no strings attached, but the "bad" loan is made in a way that promotes the creation of jobs for Americans.

I think she should refuse to touch a single cent from this investment, it's horrible, horrible money.

Isn't it?

Further reading here.

(H/T to Helen and dragaonfly2x)
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