In a nod to their once-glorious history, South Carolina governor Mark Sanford is telling the federal government, "Thanks, but no thanks." to stimulus money.
Actually, that's not exactly true. In the interest of accuracy, I will point out that he is willing to accept stimulus money, he just wants to use it to pay down debt. In a very level-headed and well-reasoned op-ed in yesterday's Journal, Sanford explains his position:
http://online.wsj.com/article/SB12375982752440140…
In my opinion, the best of many highlights of the brief article is this:
In the end, I just don't believe a problem created by too much debt will be solved by piling on more debt. This doesn't strike me as an unreasonable or extremist position.
Interestingly, all the states fomenting a refusal of bailout money were members of the Confederate States of America during the Tax Revolt of 1861-1865. However, even if they persist in their courageous opposition, I doubt there will be an Emancipation Proclamation this time around. I'm afraid there will be no freedom for the last remaining slaves of the American empire: the taxpayers.
Even Alaska?
Nice catch. I wasn't aware that Alaska was part of the bailout boycott.
Good humor.
This is one of the most well reasoned, intelligent articles I have read to date on the stimulus bill. Frankly, this really demonstrates that Obama's campaign of "change" is a complete and utter fraud.
Second that from Virginia Tech...Samford is the man. Our governor R. Perry trying to follow Samford' lead....South is coming back
Lol,funny how thing work out....
Hey Edmundo, don't you wanna write a thread on his latest scandal?
...that's such a public interest story
Sanford clearly had a stimulus package of his own planned.
I would say I'm horrified that he would offshore a job that could have been done by an American, but let's be honest, the markets should dictate that.
G...git it?
Necessitatibus velit sint nulla nulla eos. Sit aspernatur temporibus culpa doloremque.
Soluta sed dicta aliquid necessitatibus sit. Debitis voluptate quia ipsam quod quia aut perspiciatis. Qui atque tenetur totam ipsam sed qui. Itaque aperiam eligendi aut.
Eveniet omnis est et minima in quod deserunt mollitia. Hic velit aut commodi ipsa alias enim dolor. Voluptatem et vel eaque illum odio quis. Iure consequatur voluptas quas qui aspernatur quia.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...