12 of 17
We don't need your stinkin' stimulus
Okay, so it's probably only the second-dumbest thing that Mark Sanford has done in 2009: In March, the South Carolina governor boldly announced he was rejecting $700 million of federal stimulus funds for his state, based on his fiscal conservative principles.

Apparently, South Carolina's issues -- the state has the nation's second-highest unemployment rate, for instance -- were somewhat less of a concern for Sanford, who was considered a 2012 presidential hopeful until his recent vacation adventure.

GOP governors like Sarah Palin of Alaska joined Sanford in his stand, but most accepted funds in the end, and in South Carolina, the fight went to the state supreme court, which ordered Sanford to take the money (but not to run).

By Jia Lynn Yang, Fortune writer

NEXT: Not-so-stressful stress tests
Last updated July 01 2009: 12:24 PM ET
Email | Print | Share  |  RSS
google my aol my msn my yahoo! netvibes
Paste this link into your favorite RSS desktop reader
See all CNNMoney.com RSS FEEDS (close)
More Galleries
50 years of the Ford Mustang Take a drive down memory lane with our favorite photos of the car through the years. More
8 CEOs who took a pay cut in 2013 Median CEO pay inched up 9% in 2013 to $13.9 million. But not everyone got a bump last year. Here are eight CEOs who missed out. More
10 best convertibles now that spring has sprung It's finally time to put the top down. Here are our 10 favorite rides for the warmer months to come. More
Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer. Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.