Sarah Palin Federal Indictment – Beleaguered Alaska Governor Sarah Palin resigned because of a pending federal indictment in an embezzlement scandal involving her receiving huge financial favors from Spenard Building Supplies.
The upcoming Sarah Palin federal indictment in the embezzlement scandal would have crippled Palin’s ability to govern effectively, so she resigned ahead of the media firestorm.
So sudden was her resignation that her own children didn’t know she was resigning until they heard the words spoken. Prior to her sudden announcement, Palin gave every indication that she intended to complete her tenure as governor, including during a meeting just 36 hours earlier with Senator Mark Begich.
The embezzlement and public corruption indictment involves the massive, $12.5 million sports complex that Sarah Palin pushed through during her last term as Mayor in Wasilla.
Federal investigators believe the price of the sports complex was inflated to provide free building materials and labor for the Palin home being constructed nearby.
The sports complex’s contractors and architect have strong links and ties to Palin. Spenard Building Supplies was one – they are the largest building supply company in Alaska – and they also supplied labor & materials for the Palin’s home being built at the same time on nearby Lake Lucille.
Spenard Building Supplies was also the supplier and contractor for ex-Senator Ted Stevens cabin. This one building supply company was in bed with Palin, Stevens, the Wasilla sports complex, and is also a major financial contributor to Palin.
The Wasilla sports complex was being constructed at the very same time as the Palin’s home and at one point early on, Spenard filed a contractor’s lien for labor and materials on the home. Both structures feature the “same windows, same wood, same products” with the windows being so huge that a crane and specially trained crew are needed to install them.
Todd Palin told reporters during the presidential election that he built the two-story, 3,500 square-foot, four-bedroom, four-bath, two-story wood house by himself, with the help of contractors he described as “buddies.”
Federal investigators have been looking into this since last October and now federal indictments on charges of public corruption and embezzlement are imminent.
It appears that the construction of Palin’s home may have been some sort of quid pro quo arrangement for the massive influx of money from the Wasilla Sports Complex project into the building supply company.
Sarah Palin was then running for Lieutenant Governor, a position that could further reward those contributing to her campaign, particularly those that were involved with the Wasilla sports complex and the mysteriously inexpensive construction of Sarah Palin’s palatial cabin on pristine Lake Lucille.
Expect the indictments and whole embezzlement situation to get ugly fast as Palin’s people scramble to do damage control before the indictments are served.
Palin will undoubtedly howl about it being a liberal witch hunt, but it doesn’t chnage the fact that corruption is rife in Alaskan politics and ex-Governor Sarah Palin is no exception.
And that’s the latest on the embezzlement charges and the forthcoming Sarah Palin federal indictment.
Tags: sarah palin, sarah palin federal indictment, sarah palin indictment, sarah palin scandal
September 10th, 2009 at 2:48 am
Is this like the Stevens’ Giredwood, flap.
Oh, wait, he was not convicted, as it turned out due to funny biz in the Gov, like the USA DOJ.
I assume that 411 chatter is not an Offical DOJ 9-11 code box.
But, your publication in July was before Halloween, and after April fools day.
Not that labor day has come and gone, are you ashamed of your bogus piece ?
The DOJ blew the Stevens trial, the only one rotting in a federal prison is the CEO of VECO(ex).
What you ignored is that Palins pipe dream is a total facrce, not that giant natural Gas fields have been discovered in NY, Penn, and near the big user markets, eliminating any need to have a pipleine 1,000’s of miles long.
But, you are too stupid to graps that aspects of matters, it might be too material for a dope like you.
It is a bit more than some 2-bit Ice Rink in some 2-bit small Village, in some back water County, that had a
power hungry craven Moosey Mama, who can bearly add 2 + 2.
Besides, the ex boyfriend of her daughter spilled the beans— Sarah don’t even know how to shoot a gun.
You are jealous Palin lives in a swank house, and you know little of construction, suppliers, contractors, or about wood, or tiles, or nails.
you have no power to indict anyone.
You are an impostor, and a fake, and
won’t even have the balls to allow a reply to your
ranting piece of garbage.