Sunday, January 4, 2009

Mark "Dire" Sanford on Late Edition

South Carolina's Governor talks to Wolf B:

BLITZER: But what do you think about his general approach to try to stimulate the economy right now?

SANFORD: I think it’s a horrible mistake. I think the Bush administration has been making a horrible mistake with bailout after bailout after bailout. And it sounds like he’s going to repeat that process.

And I think it has absolutely dire consequences for the value of the dollar. I think it has absolutely dire consequences with regard to inflation, that the middle class and all Americans will one day face.

And I think it has absolutely dire consequences with the regard to the purchasing power of the dollars we hold globally.

So I think -- and most of all, it has dire consequences for the next generation, in paying for all this debt that’s been stacked one dollar bill upon the other.

(Ea) In 2036, the asteroid Apophis has a chance of hitting earth, and in doing so, would release 100,000 more energy than Hiroshima.

Okay, your turn, Mark.

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