Daily Reminder: February 8, 2012

“A problem that was created by building up too much debt will not be solved with yet more debt … We’re moving precipitously close to what I would call a ‘savior-based economy’ … if I can be a plaintiff to the right person in Washington, D.C. I can get this thing 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.

“A lot of people who’ve made some very stupid decisions are being bailed out by the population at large … We’re going to go through a process of de-leveraging, and it will be painful. The question is: Do we apply a bunch of different band aids that lengthen and prolong this pain or do we take the band aid off? I believe very strongly: let’s get this thing over with, let’s not drag it on.”

– SC Gov. Mark Sanford, to CNN’s John King on February 8, 2009

272 DAYS UNTIL ELECTION DAY
347 DAYS UNTIL JANUARY 20, 2013

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