The suddenness of her announcement raises the question about whether Palin resigned to avert a major scandal. One logical place to start looking is the affair that has Alaska political circles buzzing: an alleged scandal centered around a building contractor, Spenard Building Supplies, with close ties to Palin and her husband, Todd.

Many political observers in Alaska are fixated on rumors that federal investigators have been seizing paperwork from SBS in recent months, searching for evidence that Palin and her husband Todd steered lucrative contracts to the well-connected company in exchange for gifts like the construction of their home on pristine Lake Lucille in 2002. The home was built just two months before Palin began campaigning for governor, a job which would have provided her enhanced power to grant building contracts in the wide-open state.

SBS has close ties to the Palins. The company has not only sponsored Todd Palin’s snowmobile team, according to the Village Voice’s Wayne Barrett, it hired Sarah Palin to do a statewide television commercial in 2004.

Though Todd Palin told Fox News he built his Lake Lucille home with the help of a few “buddies,” according to Barrett’s report, public records revealed that SBS supplied the materials for the house. While serving as mayor of Wasilla, Sarah Palin blocked an initiative that would have required the public filing of building permits—thus momentarily preventing the revelation of such suspicious information.

Just months before Palin left city hall to campaign for lieutenant governor, she awarded a contract to SBS to help build the $13 million Wasilla Sports Complex. The most expensive building project in Wasilla history, the complex cost the city an additional $1.3 million in legal fees and threw it into severe long-term debt. For SBS, however, the bloated and bungled project was a cash cow.

Here’s another source for some of this. And then there’s the possible embezzlement/IRS issue that seems to be the talk of Alaska.

UPDATE: Looks like at least some of this may be crap put out by an Alaskan blogger, Shannyn Moore, and picked up by a number of outlets. Or so says Palin through her personal friend, Fox’s Greta Van Susteren.

  1. qb says:

    #30 lynn

    I see “What Not To Wear” going to Wasilla.

  2. Mr. Fusion says:

    Why are the right wing nuts blaming Democrats because their heroine decided to pack it in?

    Hey, she parades her children in front of the cameras, expect them to become news fodder. Hire a paid consultant to set up and run a PAC and expect to be accused of running for President. Give speeches to the knuckle dragging crowds and expect to be associated with their politics.

    In short, she finally learned she doesn’t get to pick and chose what the media writes about.

    I wish she had stayed in the race. She diverted those Republicans with an honest chance of doing something to fighting her instead of Democrats.

  3. CountSmackula says:

    So if the LA Times reports that the FBI isn’t investigating Palin, is that a credible source?

    “There is absolutely no truth to those rumors that we’re investigating her or getting ready to indict her,” Special Agent Eric Gonzalez said in a phone interview Saturday. “It’s just not true.” He added that there was “no wiggle room” in his comments for any kind of inquiry.,0,7018263.story

  4. Angus says:

    In a rare move, the FBI has come out and said that there is no investigation of the Palins going on.

    Frankly, I don’t understand her move. The left has made her unelectable as President, I wonder if she hasn’t figured that out yet. The only thing I can see is her possibly trying to run for Senate, but a Democrat just won one of them, and a Republican (a conservative one) sits in the other.

  5. Traaxx says:

    Sounds like President Hussein is stomping out any possible competition. I wonder if there were any opposition news sources if they would be investigated also. IS ANYONE GOING TO INVESTIGATE SPEAKER POLOS I AND HER HUSBAND’S BLATANT ILLEGAL ACTIVITIES.

    No she’s not on the Hussein political hit list. Well at least McCain is safe as a Demoncrat.


  6. Mr. Fusion says:

    #34, Alphie,

    Another one of your mindless rants?

  7. catch says:

    Another insightful post from Fusion, carefully pointing out the flaws in logic and refuting every point.

    Are you in 4th grade now or fifth?

  8. Mr. Fusion says:

    #38, dropped,

    Another stupid comment from someone who has nothing to add to the discussion.

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