Now Glenn Beck is claiming that the federal government has a secret plan to strip state governments of their authority to levy taxes, a notion so ridiculous that even South Carolina Governor Mark Sanford calls it a "conspiracy theory."
The source of Beck's latest craziness seems to be his belief that the federal government will bail out California to keep the state from going bankrupt.
How he makes the synaptic leap to his conspiracy theory is anybody's guess, but it's worth noting that while Beck sees California as a leech on states like South Carolina, California only receives $0.78 for every dollar it pays in federal taxes, while South Carolina receives $1.35.
So whose leeching off who? We report. You decide.
(In case you're on the fence, it's also worth noting that while California twice voted against making George W. Bush president, South Carolina twice voted to put him in office. In fact, without South Carolina, the Bush recession never would have happened, because Al Gore would have won the presidency.)
Transcript below the fold.
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