H/T to Below the Beltway
It appears that South Carolina Governor Mark Sanford is against the Detroit bailouts that may come back in the form of an earmark. Sanford addressed a letter to President Bush urging him not to give money to Detroit, as it would create a wave of failing businesses coming to Washington and requesting more bailouts, which would lead to an economic crisis we could not handle.
Sanford said in his letter to Bush that bailing out failing businesses moves our economy “from a free market to a political based economy.” Additionally, he mentions that it will be the hard work of Americans that help put our economy back on track. Here is the attachment of the letter, which was on The Atlantic.
Sanford made another point that the unions have led to the current situation of the Big Three. It is the truth, as I had mentioned in previous posts. When the UAW continuously pays the union wages of $70 an hour, it becomes obvious why the situation looks so dismal at this point. (The Politico, December 15, 2008).
Sanford would be a great choice in 2012, as he is a strong conservative all across the board on life, liberty, and the economy.