FACT CHECK: Palin's Book Goes Rogue On Some Facts

Stock quotes in this article: TRP  

PALIN: Welcomes last year's Supreme Court decision deciding punitive damages for victims of the nation's largest oil spill tragedy, the Exxon Valdez disaster, stating it had taken 20 years to achieve victory. As governor, she says, she'd had the state argue in favor of the victims, and she says the court's ruling went "in favor of the people." Finally, she writes, Alaskans could recover some of their losses.

THE FACTS: That response is at odds with her reaction at the time to the ruling, which resolved the long-running case by reducing punitive damages for victims to $500 million from $2.5 billion. Environmentalists and plaintiffs' lawyers decried the ruling as a slap at the victims and Palin herself said she was "extremely disappointed." She said the justices had gutted a jury decision favoring higher damage awards, the Anchorage Daily News reported. "It's tragic that so many Alaska fishermen and their families have had their lives put on hold waiting for this decision," she said, noting many had died "while waiting for justice."

___

PALIN: Describing her resistance to federal stimulus money, Palin describes Alaska as a practical, libertarian haven of independent Americans who don't want "help" from government busybodies.

THE FACTS: Alaska is also one of the states most dependent on federal subsidies, receiving much more assistance from Washington than it pays in federal taxes. A study for the nonpartisan Tax Foundation found that in 2005, the state received $1.84 for every dollar it sent to Washington.

  • Loading Comments...
  •  

SHARE:

  • email
  • print
  • comment
  • digg
  • delicious
  • buzz

Recent Comments





Connect with TheStreet

Dow Jones S&P 500 NASDAQ 10-Year Note
10,741.98 1,159.90 2,374.41 36.87
Oil *
79.80
DOWN
37.19
DOWN
5.92
DOWN
16.87
UP
0.15
10 Yr
3.69%
SPDR Gold
108.28
-0.34%
-0.51%
-0.71%
+0.41%
Data delayed 20 minutes

More From TheStreet

Latest Headlines
  • Top Rated Stocks from TheStreet Ratings
  • Find returns with the Dividend Calendar

Brokerage Partners

TheStreet Premium Services

All Services