(Editor’s Note: Sarah Palin’s resignation was not the result of a scandal. There have been no developments to confirm that Palin was involved in any improprieties involving Wasilla building projects.)
Sarah Palin’s sudden resignation as Alaska’s governor may be the result of a soon to break scandal involving the building of a sports complex while she was Mayor of Wasilla.
It is rumored that federal indictments are pending involving construction projects in Wasilla dating back to 2002. The indictments may involve corruption and embezzlement.
Spenard Building Supplies (SBS) was awarded the $13 million contract that created a long-term debt obligation for Wasilla. SBS is the largest building supply company in Alaska.
At the same time, the Palin’s built a 3,500 sq. ft., two-story home on the shores of Lake Lucille. Todd Palin said that he built the home with the help of “buddies.” It is reported that the material used for the construction of the home appears to be the same as that used in the Wasilla Sports Complex, including the windows and the wood. SBS supplied the material for the Palin home.
SBS filed a contractor’s lien on the property for labor and materials, stating that the Palin home and sports complex had the “same windows, same wood, same products.”
That leads to speculation that excess material from the sports complex was transferred from SBS to the Palin home in a quid pro quo arrangement.
At the time of the Palin house building, 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.
SBS is a major Palin campaign contributor and sponsor of Todd Palin’s snow machine racing.
Palin’s resignation may be an attempt to avert a major political scandal, but it is unlikely that the feds will back off because she is now an ex-governor. An August Vanity Fair article is said to have riled the thin-skinned Palin as well. Coupled with an ongoing presence of negative media coverage, Palin may have decided she has had it with politics. There are reports that she is telling her political backers they are free to select another candidate for 2012.
Palin said that she is tired of the “superficial, wasteful political blood sport.”
By resigning, Palin has probably ended her future political career. Quitting is not usually associated with leadership. However, massive legal bills threaten to engulf her as she fights a possible future indictiment. She has already had to fend off 15 state investigations that have led to half a million in legal fees. By quitting, Palin has the opportunity to make considerable money through a book, speaking tours or a news show.
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