Little Piper Palin's $790 Designer HandbagThat's Piper Palin, Alaskan governor and vice presidential nominee Sarah Palin's 7-year-old daughter. In her hand is a $790 monogram Louis Vuitton handbag. That's over a hundred dollars per year of lil' Pipe's life! So maybe part of her mom's $150,000 Neiman Marcus shopping spree was picking up sweet ass designer shit for her chic and worldly seven-year-old. Or maybe Piper just saved her allowance for a real, real long time. Orrr... heh. It's fake. Who knows! [via Deceiver]