February 9, 2009
Posted: 12:51 AM ET
In an interview with CNN on Sunday about the federal stimulus package, Gov. Mark Sanford of South Carolina succeeded in uniting economics and sacrilege. “We’re moving precipitously close to what I would call a savior-based economy,” Sanford said.
“A savior-based economy sort of is definitial of what you see in Russia or Venezuela or Zimbabwe or places like that where it matters not how good your product is to the consumer but what your political connection is to those in power.
“”And if you think about the power that’s been granted to the fed of the Treasury, it has savior-like qualities. Everybody knows that we’re in an economic slowdown. But the consideration now is, if I can just get my word, if I can be the plaintiff to the right person in Washington D.C., I can get these things fixed.
“That is quite different than a market-based economy where some rise and some fall but there’s a consequence to making a stupid decision.”
From around the web
Go Behind The Scenes
LARRY KING LIVE'S Emmy-winning Senior Executive Producer Wendy Walker knows what it takes to make a great story.
With anecdotes, provocative emails, scandals, show transcripts and insights into Walker's long working relationship with Larry King, her new book PRODUCER issues readers an invitation to listen in on the most intriguing conversations on the planet.