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Palin's selection as VP creates interesting scenario in Alaska

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August 29, 2008 7:49 PM

ABC News' Rigel Anderson reports:

If Sarah Palin becomes Vice-President of the United States an interesting domino effect could take place in the government of her home state, Alaska.  The constitutional line of succession would cause the gubernatorial responsibilities to fall to Lt. Governor Sean Parnell.

Sean Parnell is currently in a republican primary to run for the solitary Alaskan seat in the House of Representatives.  The primary, conducted Tuesday, Aug 26th, is currently too close to call.  Should the Lt. Governor prevail in that contest and then win the seat in November, coupled with a win for the McCain-Palin ticket, the Governorship would fall to the Attn. General Talis Colberg.  Colberg was appointed by Palin in 2006.  Under the Alaska constitution the Governor chooses who succeeds the Lt. Governor.  Palin selected  Attn. General Colberg to succeed to Lt. Governor Parnell, if necessary, early in her term.

Colberg would only become governor for 60 days, however, at which point there would be a special election to elect a governor to fill out the rest of the current term which ends in 2010.  The new Governor would then appoint a Lt. Governor.

"Under a certain sequence of events I would have my Alexander Haig moment," Colberg told the press on Friday.

Today Senator John McCain reasserted his maverick credentials by choosing the first term Alaska governor.  "This honor is a testament to the reforms and progress we have made together in Alaska," Palin said in a statement to the media.

August 29, 2008 | Permalink | User Comments (121)

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As a finance major, I’m going to throw in a finance term here called the “dead cat bounce”, where a stock has been plummeting, and then some event raises a stock price, only to be short lived and have that stock come crashing down.

That is basically the Palin picked summed up. While the Democrats have to toe a fine line when tearing her up, Palin is right now going to cause the McCain-Palin ticket a bump in the numbers. It will, it is inevitable, you gotta figure at least 1-2% of people polled might get their interest piqued and say, sure I’ll give the old guy and the young woman a chance. Then, when Palin is no longer the big story, gas prices rise because off shore drilling in the path of hurricanes leads to supply disruptions, people still get laid off, and the economy is poor, they will realize that she brings nothing new to the equation.

Palin is a personality to be respected, as she is by all accounts very charismatic. That’s where here good points stop. Is there any possible way people look at her and say, you know what, I’d be ok with her being president? No! Some Vice Presidents are picked to help carry a state, others are picked to help govern. NEVER (other than Potatoe) has a VP been selected in order to get votes. What will she do when she is vice president?

Nothing.

And that is why it is a dead cat bounce.

Obama-Biden 08!

Posted by: Thomas | Aug 29, 2008 8:08:14 PM

Palin believes that creationism is science and that global warming is a liberal conspiracy. What a nut! This woman with her disregard for reason is a joke.

Posted by: She's a nut | Aug 29, 2008 8:12:14 PM

McCain is brilliant, brilliant, brilliant, brilliant, brilliant, brilliant!

Perfect choice!

Dem for McCain/Palin 08

Posted by: Dem for McCain | Aug 29, 2008 8:27:49 PM

Alaskans need not worry. Their governor will remain where she is. Gov. Palin may well be a talented person, but by picking her John McCain put his age and health issues back on the table to be fairly questioned. At the same time he took the experience issue off the table. Not a good combo.

Posted by: DMR | Aug 29, 2008 8:35:53 PM

One suggestion to you people before you start posting false information about Sarah Palin. Wikipedia!! at least do the very least of research before you distort the womans record.

Posted by: Kim | Aug 29, 2008 8:36:11 PM

As an undecided voter I was considering not voting in the November election. However, after the events of the last 24 hours I absolutely, undoubtedly, positively will vote for MCCAIN/PALIN!

This is change and this is excitement for America!

Posted by: DMB | Aug 29, 2008 8:37:00 PM

Why the hell are my comments being removed. I am simply urging people on this blog to the the minimum in research before they start posting incorrect information about Sarah Palin a simple trip to Wikipedia would give you at least the bare mininum. You people at ABC just kill me.

Posted by: Kim | Aug 29, 2008 8:39:39 PM

Even Palin has spent more time as governor than Obama as Senator. It's very hard to find someone less qualified than Obama. It's even harder to find someone more hyped than Obama.

Posted by: young_voter | Aug 29, 2008 8:41:14 PM

all for it. bring in an outsider that great. Obama has all ready shone a sexest attatude toward her with his experiance comments like he has governed anything oh by the way what has biden governed? All town have the same problems just the #'s are differant you can take away the zero's and 100,000 becomes one.
go baby go

Posted by: Douglas J. Pelow | Aug 29, 2008 8:46:13 PM

The democrats will have to "nuance" their attacks on Palin... it will be hard to point out her lack of experience for the office of VP without eroding Obama's "qualifications" for President. Even in a debate if Biden shows how much more experienced he is over Palin; it will be a strike against Obama.

The more I think about it the more interesting this pick is... God I love this election!

Posted by: Diamond Lou | Aug 29, 2008 8:47:46 PM

This is for you young_voter. (from wikipedia) You should try reading about things BEFORE you post ... it prevents you from making a fool of yourself.

A graduate of Columbia University and Harvard Law School, where he served as president of the Harvard Law Review, Obama worked as a community organizer and practiced as a civil rights attorney before serving in the Illinois Senate from 1997 to 2004. He taught constitutional law at the University of Chicago Law School from 1992 to 2004. Following an unsuccessful bid for a seat in the U.S. House of Representatives in 2000, he announced his campaign for the U.S. Senate in January 2003. After a primary victory in March 2004, Obama delivered the keynote address at the Democratic National Convention in July 2004. He was elected to the Senate in November 2004 with 70% of the vote.

Palin has been Alaska Gov for about a year and a half ... I agree with Kim, just a MINIMUM of research PLEASE ...

Posted by: truth seeker | Aug 29, 2008 9:02:23 PM

OK, do American voters really think that a Presidential candidate who's grandfather, father, himself and his son have military background will end the Military Industrial Complex's policy of America in Endless War(s), and end the GHB/GWB Iraqi war(s) (that's McCain...)? Do voters really think that a Vice Presidential choice who's husband is in the Oil Industry and who's state citizens get governmental payouts from Oil revenues in Alaska will support the complete move to clean, renewal, homegrown energy sources such as Wind, Solar, Wave, Geothermal, Biomass, cellulosic ethanol and others (that's Palin...)? Well, I don't think McCain/Palin will. They will support the status quo. So, if you feel the country is doing well and should continue on as usual, they're your pair.

Posted by: PA | Aug 29, 2008 9:13:58 PM

What? Another Vice Presidential choice (McCain's Palin) with ties to Big Oil (in Alaska)? As Obama mentioned in his DNC nomination acceptance speech, this just proves that the GOP does not get it: the World economies--starting with America--need to end the Oil Era and usher in the Clean Renewable Energy Era of locally obtained sources. the GOP is not Grand, but it is Old, let's not invite the Republicans back to the "Party" in Nov '08....

Posted by: Netizen19380 | Aug 29, 2008 9:14:28 PM

Are the Republicans kidding me, with the nod to Sarah Palin as McCain's VP choice? If the GOP had qualms about the one-term Senator Obama from a well-populated State (IL) and one of the countries largest cities (Chicago area), then the RNC has got to be kidding about a one-term Governor Palin of a "remote" state (AK) from the continental U.S. with no large cities, relatively. This election is a sham, (I just lament the possibility that it could've been a Clinton/Biden ticket, alas...).

Posted by: Democrat | Aug 29, 2008 9:15:00 PM

Truth Seeker- there is a huge difference between being a voice in congress and actually running a state. As a Senator, nothing you do is accomplished without the rest of the Senate body approving it. As Governor, you make actual decisions that reflect back solely on you. And delivering an address at the DNC doesn't make you experienced, only popular. How large you win an election by once again just shows popularity. It's not what you say its what you do. Obama has done nothing. Palin's real life actual experience simply blows him away. That she has attained that experience in a short period of time doesn't diminish it in any way.
It's not just doing the research, its disseminating the information. Personal acheivement is not practical application. Speeches are just words. You will find that Palin can handle whatever is thrown at her.

Posted by: Munnzo | Aug 29, 2008 9:24:18 PM

Truth Seeker - why do you lie?

Posted by: Aston | Aug 29, 2008 9:42:26 PM

Thomas, your argument as no footing, because many, many people would say of Obama: "When I look at him, do I want him to be President?"

Answer: NO!!!!!!!!!!!!!

When I look at him, actually, I get nauseated.

Posted by: decentAmerican | Aug 29, 2008 9:43:12 PM

Truth-seeker

You're just another Obama sexist who took great pride in using your hateful skills against Senator Clinton. Now, more of the same just like your big-eared master.

You should change your moniker to 'Do not know'!

Posted by: Soetoro_No! | Aug 29, 2008 9:45:27 PM

To watch CNN scramble to turn the tide back to Obama it's pretty funny really. Jack Cafferty was on the verge of hysteria with his 12,00 e-mails. Of course he would like us to think they were all negative about Palin.Obama is a one term senator. Palin has been a Mayor and now a Govenor. I'd say one is no more qualified than the other.Obama is the one running for president.And I'm so tired of hearing about Mccain"s cancer and he's old. Well, my dad has had cancer for 16 years and he's still a productive citizen. And McCain's mother is in her 90's.So please try something intelligent. I'm voting on policy and which canidate is more in line with what I believe.I think attacking McCain on stupid stuff like his skin cancer and he might die is ridiculous. Are there any news programs out there that are biased. It makes me nauseous to watch this circus.

Posted by: Bea | Aug 29, 2008 9:48:31 PM

Thomas What would your reaction be if let's say the cost/maintance of owning a boat was to substantially increase to the point of loss of utility..What would you do?? Sell the boat..there is no longer satisfaction in owning a boat...

Obama wants to raise the Capital Gains Tax as well as the Dividend Tax..Now before you say well lower income people do not own stocks; however corporations do and that effects pension funds, jobs....so you may not be "rich" but most do have pension funds and most do have jobs...Anyway I digress, my point is that if the cost of owning that stock becomes too expensive, and the enjoyment of owning that stock is lost, most are going to sell it.......I expect Obama to be elected....I sold what stock I owned today and plan to "dumb down" my income, and reorganized our 401(k). That large suction sound you hear in January will be Wall Street..count on it..

Posted by: CuriousIndep | Aug 29, 2008 9:54:33 PM

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