A Republican Governor Is Antsy About The Bailout

Gov. Mark Sanford (R-SC) has written President Bush urging him not to use TARP funds to bailout the auto industry. Sanford, the chairman of the RGA and a possible 2012 presidential candidate, writes that "every struggling industry would see itself potentially eligible for these funds," before noting that the White House "made this very cogent argument" just last week.

He writes that the country is at a "tipping point" between a market-based economy and a politically-based economy, where ones success is predicated on "the size of one's voice and connection to Washington."

Sanford's fertilizing a pretty tough critique against the Obama administration here, too, one that ties together the events of the past week with the coming explosion of government.

Letter to President George W. Bush 12.15.08.pdf