Sanford Will Reject Funds

When South Carolina governor Mark Sanford announced that he would reject the stimulus money for his state I was wishing and hoping that he would follow through.

Well good news…he did.

South Carolina Gov. Mark Sanford is expected Wednesday to become the first governor to formally reject some of the federal stimulus money earmarked by Congress for his state.

The problem with the stimulus is that it allows state legislators to take some of the money that the governor rejects (despite the fact that the political leader of the state doesn’t want it), so Sanford can’t reject 100% of the money (assuming his state legislator wants any).

Mitch McConnell also came out today with a startling statistic. Since Obama’s inauguration the federal government has spent $1 billion an hour, most of which is borrowed money.

Which leads me to a video you should all watch. It’s on YouTube and discusses why Keynesian economics doesn’t work. It’s actually common sense, if government is borrowing money to spend money, they’re simply taking the money out of the economy’s right pocket and putting it in its left. It’s a very good video.

Also something new that hit the net the last couple of days. A jazz singer, Kathleen Stewart, has released a new single called “It Ain’t Your Money to Spend!” Very catchy song, we’re working out a time right now to do an interview with her for the show so look out for that!

–jb

CPAC Day 2 – A Big Helpin’ of Conservatism

After a day away from CPAC yesterday I was itching to get a good dose of conservatism today…and I must say that I am certainly satisfied.

I got a late start mainly because I was sleeping on the floor and it was cold, but I did manage to catch the tail end of Jim DeMint’s speech. DeMint focused mainly on the economy and how big government never solves problems, it always causes them.

After DeMint House Minority leader John Boehner took the stage. He was certainly enthusiastic, as he should be, getting the crowd fired up talking about how not a single republican voted for the stimulus. At the end of his talk he urged everyone in the room to join the fight.

After that we got to hear from the other side of the Capitol Building when Senate Minority leader Mitch McConnell addressed the crowd. He was the only speaker of the day that addressed Obama’s plan to shut down Guantanamo Bay. He asked where all the inmates would go, and then answered his own question by saying they should stay in the prison cells of Gitmo. That line got the crowd on their feet.

In between that and Newt I got to hear two panels; one on bailing out big business, the other on building a conservative coalition online.

By the way, it should be duly noted that all of this was before noon. At noon the highlight speaker of the day addressed the crowd; Newt Gingrich. Newt was…well…Newt.

He was fiery, enthusiastic, and more importantly he spoke with passion. Obama’s nomination is the best thing that happened to him. I’m beginning to believe that he didn’t run in 2008 because he saw the writing on the wall. He knew the Dem was going to win in 2008, regardless of who it was, by not running he’s been able to attack the liberals without being politically correct while laying the ground work for a run in 2012 in the process. And after hearing his speech if he doesn’t run in 2012 there’s something wrong with him.

Newt gave a good speech because it covered all bases. He didn’t just attack the liberals, he offered up a conservative alternative. He attacked the stimulus, yet offered a conservative plan to help the economy. And he was able to pick on the left with content and style. He has all the ingredients of an unstoppable presidential candidate, especially if Obama tanks in the next four years.

After Newt my CPAC day was over. I headed out to lunch and then back to the hotel to do some volunteer work for the Michigan GOP. And now here I sit, in a hotel lobby, at seven o’clock at night, with nothing to do.

Don’t worry, there’s another round of conservatism coming up tomorrow.

Tomorrow’s agenda basically includes everything. To insure that we get a seat to hear Rush we’ve decided to go to the first speaker and rotate through people all day long, saving our seats the entire day. It’s the only way we can ensure a seat in the ballroom tomorrow night.

And that means a ton of tweets from the convention and a good helpin’ of blog posts too.

Should be a good day.

–jb