Republican Governors Refuse to Rule Out Seeking Federal Bailouts for States

More proof of a leadership vacuum in the Republican Party….

From the story: Republican Govs. Rick Perry of Texas and Mark Sanford of South Carolina will not pledge to refuse federal bailout money, their spokesmen told Friday – just three days after the two governors denounced federal bailouts in The Wall Street Journal.

“We’re crossing the Rubicon with regard to debt,” Sanford and Perry wrote in Tuesday’s Journal, a reference to Julius Caesar’s crossing of the Rubicon river in 49 B.C. – meaning that a point of no return has been reached.

By Friday, however, the governors had crossed back again. When asked their offices – “Will you pledge not to take a federal bailout (for your state)?”—the responses were surprising. Read more….

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