The Anti-Doyle: Sanford of South Carolina

Yes, there are such critters as Responsible Governors.

One is in South Carolina. He wrote O-and-Savior (bless his name) a couple of weeks ago to request that the Porkulus funds headed for SC be used to reduce the bonded debt of the State.

Naturally, O-and-Savior told him no.

Next round:

I've made clear my opposition to using debt to solve a problem created in the first place by too much debt - and I don't believe this to be an unreasonable position

(see what I mean--the "anti-Doyle"?)

I'd offer the following as a clarification to our using a portion of the stimulus funds to paying down our state's sizable debt. With regard to the Education Stabilization Fund monies (ARRA § 14002(a)(1)) that must be used "for the support of * education," we think it would be consistent with statutory requirements to use this $577 million to pay down the roughly $579 million of principal for State School Facilities Bonds and Research University Infrastructure Bonds over two years. This would immediately free up over $162 million in debt service in the first two years and save roughly $125 million in interest payments over the next 13 years, which could then be directed towards other educational purposes - just as paying off a mortgage early frees up the typical monthly payment for other uses

The rest of the letter addresses two other areas of debt-reduction (Unemployment Comp is one.)

ThreeCardMonte Doyle, having driven Wisconsin to the brink of bankruptcy, is forced to offer bonds to State residents--claiming that 'the regular system' for short-term borrowing is 'broken.'

It's not broken, folks. Banks won't lend ThreeCardMonte the money. They saw what he did to the Transportation Fund and the over-charges on cellphones.