Log in

No account? Create an account

Previous File Entry | Next File Entry


Palin defeated Murkowski in the Republican primary and then won the general election. She said during the campaign she would sell the jet, and one of her first orders on taking office was putting the it up for sale. And yep, the state decided to list it on eBay for an asking price of $2.5-million. (The state had paid just under $2.7-million for it in 2005.)

It wasn't as wacky as it sounds. The state had sold smaller aircraft previously on eBay. (Alaska is a large, rural state, and state officials do use aircraft to get around. But typically they use smaller, more rugged planes than Murkowski's jet.)

But the jet's eBay listing did not prove effective, and the state never got its asking price. Instead, in 2007, the state turned to an aircraft broker, Turbo North Aviation. The jet was purchased that year by businessman Larry Reynolds, the owner of a sporting goods store and marine supply store in Valdez. Reynolds paid $2.1-million.

So it's true that Palin put the plane up for sale on eBay, but it didn't sell on eBay. That's not a huge point, but it is worth noting. We rate Palin's statement True.



( 2 conspiracy theories — Conspire Here! )
Sep. 4th, 2008 06:38 pm (UTC)
She should have put it in starting at $1 and let the market determine the value. She probably would have gotten more than $2.1 million.

I'm disappointed in her.
Sep. 5th, 2008 05:01 am (UTC)
Maybe yes, maybe no. She probably thought she couldn't take that risk. After all, how low can you go before you sell it at a bigger loss without the press complaining about it?
( 2 conspiracy theories — Conspire Here! )