"For us let it be enough to know ourselves to be in the place where God wants us, and carry on our work, even though it be no more than the work of an ant, infinitesimally small, and with unforeseeable results."
-- Abbé Monchanin

Wednesday, March 11, 2009

Foolishness


There are fools and there are fools. Judging from this article, South Carolina Gov. Mark Sanford is one of them. Bush's heavy handed power grabbing security policies and military intervention more closely resemble the destructive actions of Mugabe. The land grab had nothing to do with economic policy. It was geared to destruction of political opposition and enriching supporters -- like Bush Republicans loved to do. Obama has more affinity with Tsvangirai, a former trade union leader, who seeks to help the working man rather than the overlords of society.

Posted: 06:16 PM ET

From Jessica Yellin
CNN

COLUMBIA, South Carolina (CNN) — The United States faces a Zimbabwe-style economic collapse if it keeps “spending a bunch of money we don’t have,” South Carolina Gov. Mark Sanford said Wednesday.

Sanford, a Republican, has been a critic of the Obama administration’s $800 billion stimulus plan. He said he’ll turn down about a quarter of his state’s $2.8 billion share unless Washington lets him use that money to pay down debt.

“What you’re doing is buying into the notion that if we just print some more money that we don’t have and send it to different states, we’ll create jobs,” he said. “If that’s the case, why isn’t Zimbabwe a rich place?” Zimbabwe has been in the throes of an economic meltdown ever since the southern African nation embarked on a chaotic land reform program. Its official inflation rate topped 11 million percent in 2008, with its treasury printing banknotes in the trillion-dollar range to keep up with the plummeting value of its currency.

But with South Carolina’s unemployment rate now at 10.4 percent — the second-highest in the country — state lawmakers will attempt to override Sanford and take the $700 million if he turns it down, Lt. Gov. Andre Bauer said.

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