An image of Sarah Palin's 7-year-old daughter, Piper, carrying a Louis Vuitton bag popped up on Huffington Post. We noted yesterday that Sarah Palin couldn't afford designer threads of her own, and this only proves our theory since the bag is a fake. (You can tell because the LV logo is hitting the seam on the bottom of the bag instead of being centered on that panel where a symbol is.) Though from a financial standpoint the bag's more Joe Six-Pack than a new Escada blazer, counterfeit rings employ child labor and fund drug trafficking. So that purse could be worse for her image than her $150K clothing bill. [Fashionista]