Political Hotsheet
By

Stephanie Condon /

CBS News/ April 26, 2010, 2:52 PM

Did Sarah Palin Resign as Governor Because of Money?

Sarah Palin AP

Sarah Palin stepped down from her position as governor of Alaska in the summer of 2009, leaving behind a prominent political career in which she could have bolstered her image as a serious politician. The move left many speculating over Palin's motives, but a profile of Palin in New York Magazine purports to have the answers.

"To many, [Palin's resignation] seemed a mysterious move, defying the logic of a potential presidential candidate, and possibly reflecting some hidden scandal--but in fact the choice may have been as easy as balancing a checkbook," writes Gabriel Sherman.

Money is no longer a problem for Palin, who earned $12 million in the past year.

But before publishing a best-selling book, amassing speaking fees, signing television contracts and so on, Palin was reportedly under financial stress as governor largely because of legal bills.

"Her life was terrible [as governor]," one unnamed adviser says in the article. "She was never home, her [Juneau] office was four hours from her house. You gotta drive an hour from Wasilla to Anchorage. And she was going broke."

Some of Palin's fortune has come under scrutiny as she builds her media persona while keeping the door open for a return to politics. Some Tea Partiers, for instance, criticized Palin for taking her usual speaking fee of $100,00 to speak at the National Tea Party Convention in Nashville, Tenn. Her contract to speak at the convention included $18,000 for private-jet travel for her and five other people, according to two people who've seen the contract, New York Magazine reported.

And while Palin has been coy about her political future, New York magazine reveals she has long had the highest of political ambitions. Palin's former campaign manager, Laura Chase, related a story from 1996, when Palin was running for mayor of Wasilla, Alaska.

"We were sitting at my table one night and I said, 'Sarah, one day you could be governor,'" she said. "She just looked at me and said, 'I don't want to be governor, I want to be president.'"

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© 2010 CBS Interactive Inc. All Rights Reserved.
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WiseAsOwl says:
You ask, "Did Sarah Palin Resign as Governor Because of Money?" What's it to ya??? Hard up for news articles, huh?? Well, well...Your fear of Sarah Palin is showing through.... I don't blame you for being scared.. I'd sure hate to be in your shoes when Sarah is President or Vice President....
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pr_boxer says:
Sure, now she can spend all she wants on her ward robe, and I'll bet she's just a memory come 2012!

Don't forget "Drill baby Drill"! Rings kinda hollow to residents of the Gulf coast today. "They have technology today so drilling doesn't destroy the ecology"....... sure they do! LOL
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jc429j3 says:
I have to admit, I am a democrat..but hey I am not mad at Sarah for capitalizing on her name, but I am so perplexed as to why the republicans think that she is working for the good of them....If she were some wrinkled old bitty, they would not give her the time of day. There have been plenty of other female republicans far more knowledgeable who could probably do more for the party. It is sad that the republican party seems like high school....You always vote for the popular, pretty cheerleader. Keep in mind that sometimes you have a pretty package, but an empty box.
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science-rules says:
Sarah Palin has made ignorance attractive to the conservatives. Ditzy brunette jokes anyone?

Why does it seem that the last 2 leading republicans have 2-digit IQs?

It might be that they are easier to control. Do you think Karl Rove isn't drooling to have another sock puppet in the whitehouse?
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snorp73 replies:
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Yes, perhaps the Republicans should go for folks with huge IQ's as you suggest. You know, someone who believes that "White House" is one word.
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wfw3536 says:
I am so happy for Sarah and hope she makes more money next year. The biggest joke is she is making a lot of her money from the media(book deals/etc) from the right wing media who tried to destroy her. Go Sarah.
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Unclemercer says:
Sensational Supersonic Sarah deserves to make lots of money. She is America's Darling, and sweet as apple pie!
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larrryshrine says:
Could it be that Palin was "Peter-Principled" in her job as governor, found herself to be incompetent and over her head, and quit? She certainly did not have a distinguished record there, and her spending habits were atrocious.
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MurdochSucks replies:
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No kidding. She spent Wasilla into a deep debt hole, then got promoted to Governor, where she promptly continued her work and spent the whole state of Alaska into a deep debt hole. Meanwhile she gets her person finances into ruin and needs a Hollywood "bailout," all the while screaming about Hollywood elitism. Did I wake up in bizarro world? Why is anybody listening to this fraudulent goon?
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erichsh says:
by brianblogger April 26, 2010 5:28 PM EDT
What's funny and ironic is that if the Left would have left Governor Palin alone, she wouldn't be the multimillionaire political rock star that she is now. She would be doing her job in Alaska and gutting salmon.

I'm starting to see a pattern of "backfiring" here. Sarah is one case in point where liberal/media hatred seems to be backfiring. The Tea Party movement is another - first ignored, then discredited, then mocked, and now openly feared by liberals/media, and Democrats whose future in November is now very much in doubt. And I think the liberal/media opposition to the Arizona immigration law will also serve to galvanize the "sleeping grizzly bear" otherwise known as the American public (which 70% of Arizona residents support).
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BradNoley replies:
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She's a train wreck that just keeps flipping outa control down the tracks. And you Sarah lovers think it's the most beautiful thing in the world. Good for You!
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MurdochSucks says:
I would gladly give her a tea bag!
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MurdochSucks replies:
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Whatever it takes to shut her up. ;-)
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erichsh says:
by hakori April 26, 2010 5:28 PM EDT
erichsh, thank for proving a point I've made on these boards many times before (followed by a rant that had absolutely nothing to do with my post)...

You can try to make whatever point you want all day long, hakori... but you sure managed to miss the point of my post even as you try to claim I "proved" yours. I offered up not one word of either criticism or support for Palin, and did not mention any other politician. The entirety of my post dealt strictly with how this story was reported, and the actions of her liberal opponents.
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MN_Nancy replies:
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hakori? Was your point that this woman has absolutely no credibilty as a possible leader of our great country--or was it about how embarrassing it is that she is still in the news? ignorant.
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