Sarah Palin's speech in Iowa was a political work of art. I mean this as a compliment in the sense of pure political analysis. I certainly don't agree with much of what Palin would do if elected. However, her populist attack on crony capitalism is a direct hit for the kind of politics that would work in 2012 against Rick Perry and Mitt Romney, as well as against Barack ObamaBarack ObamaJeb Bush calls out Republicans silent on Trump's Russia probe Trump launches all-out assault on Mueller probe Immigration agents planning raids next week targeting teenage gang members MORE and both parties in Washington.

I have previously suggested that Ron Paul and Michele BachmannMichele BachmannBachmann: Muslim immigrants trying to undermine Western civilization Religious leaders pray over Trump in Oval Office 'Real Housewives' producer 'begging' Conway to join cast MORE should launch an attack against Rick Perry's "pay for play" special interest giveways in Texas. I believe Perry is a phony conservative and have compared his style to that of Rod Blagojevich. It is not conservative to take Obama stimulus, then raise campaign money from donors who benefit from receiving government grants and serving on government boards and agencies.

I still believe it is unlikely Palin runs in 2012. But if she does, her Iowa speech on Saturday will be a prelude to attacks she will make against Rick Perry and Mitt Romney, who both embody the crony capitalism that Palin condemns.