Palin fallout continues as Costco cancels plans to build in Wasilla.

Retail giant Costco this week pulled the plug on plans to build a 154,000-square-foot store beside the Parks Highway in Wasilla.

In a letter to the city of Wasilla, Costco Real Estate Development director Kim Sanford stated only, "Costco Wholesale's Senior Management has decided not to pursue this project further."

Sanford and other company officials did not respond to calls about the decision.

Costco has been at the top of Wasilla residents' retailer wish list for years. Target, which also ranked high, opened a Wasilla store last month.

Wasilla planning director Jim Holycross said he had hoped Costco representatives would list a more substantive reason for halting the project.

I will tell you EXACTLY why Costco decided against opening a store in Wasilla.

They have watched two and half months of Sarah Palin making everybody in the world believe that Wasilla is full of the most repugnant people on the planet.

I mean who wants to open a store in a location that is now famous for being the Methamphetamine capitol of the state, where women have to purchase their own rape evidence gathering kits, and where the teen pregnancy rate is off the charts!

Sarah Palin has destroyed the reputation of this innocent little town, is currently spreading her poison throughout the rest of Alaska, and if she gets her way would happily finish the job George Bush started by making the entire United States of America a laughingstock to the rest of the world.