Category Archives: Money

Anyone want to close the state retirement system (to new employees)? Discuss.

Well, now, here’s an interesting bill I haven’t heard about (although Kathryn may point out that everyone else knew about it but me):

S 0531 General Bill, By Campsen, Ryberg, Grooms, Bryant, Rose, Campbell, Shoopman, Davis and Bright Similar(H 3568) A BILL TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING SECTIONS 9-1-5, 9-8-5, 9-9-5, 9-11-5, AND 9-20-5 SO AS TO CLOSE THE SOUTH CAROLINA RETIREMENT SYSTEM, THE RETIREMENT SYSTEM FOR JUDGES AND SOLICITORS, THE RETIREMENT SYSTEM FOR MEMBERS OF THE GENERAL ASSEMBLY OF THE STATE OF SOUTH CAROLINA, THE SOUTH CAROLINA POLICE OFFICERS RETIREMENT SYSTEM, AND THE STATE OPTIONAL RETIREMENT PROGRAM TO EMPLOYEES HIRED OR OFFICERS TAKING OFFICE AFTER JUNE 30, 2012, AND TO PROVIDE THAT OFFICERS OR EMPLOYEES HIRED OR TAKING OFFICE AFTER JUNE 30, 2012 MUST BE ENROLLED IN THE SOUTH CAROLINA RETIREMENT INVESTMENT PLAN; BY ADDING CHAPTER 22 TO TITLE 9 SO AS TO ESTABLISH THE SOUTH CAROLINA RETIREMENT INVESTMENT PLAN AS A DEFINED CONTRIBUTION PLAN AND PROVIDE FOR ITS ADMINISTRATION AND OPERATIONS; AND TO REPEAL, EFFECTIVE JULY 1, 2017, CHAPTER 22, TITLE 9 RELATING TO THE STATE OPTIONAL RETIREMENT PROGRAM.

02/09/11 Senate Introduced and read first time (Senate Journal-page 7)

02/09/11 Senate Referred to Committee on Finance (Senate Journal-page 7)

The boldfaced parts are my own enhancement. Oh, and here’s the House version:

H 3568 General Bill, By G.M. Smith and Ballentine Similar(S 531) A BILL TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING SECTIONS 9-1-5, 9-8-5, 9-9-5, AND 9-20-5 SO AS TO CLOSE THE SOUTH CAROLINA RETIREMENT SYSTEM, THE RETIREMENT SYSTEM FOR JUDGES AND SOLICITORS, THE RETIREMENT SYSTEM FOR MEMBERS OF THE GENERAL ASSEMBLY OF THE STATE OF SOUTH CAROLINA, AND THE STATE OPTIONAL RETIREMENT PROGRAM TO EMPLOYEES HIRED OR OFFICERS TAKING OFFICE AFTER JUNE 30, 2012, AND TO PROVIDE THAT OFFICERS OR EMPLOYEES HIRED OR TAKING OFFICE AFTER JUNE 30, 2012 MUST BE ENROLLED IN THE SOUTH CAROLINA RETIREMENT INVESTMENT PLAN; BY ADDING CHAPTER 22 TO TITLE 9 SO AS TO ESTABLISH THE SOUTH CAROLINA RETIREMENT INVESTMENT PLAN AS A DEFINED CONTRIBUTION PLAN AND PROVIDE FOR ITS ADMINISTRATION AND OPERATIONS; AND TO REPEAL, EFFECTIVE JULY 1, 2017, CHAPTER 22, TITLE 9 RELATING TO THE STATE OPTIONAL RETIREMENT PROGRAM.

02/02/11 House Introduced and read first time (House Journal-page 57)

02/02/11 House Referred to Committee on Ways and Means (House Journal-page 57)

02/08/11 House Member(s) request name added as sponsor: Ballentine

OK, so they were just alike. I just gave you both so you could get the names of the legislators responsible. You’ll note I provided links to each. I live to serve.

And to cause trouble, of course. Hard to imagine anything more likely to stir up one of the largest and most politically alert demographics you’re likely to find, state employees — even though it would not apply to them, but only to new hires.

Of course, there’s one thing that IS politically appealing here: Getting rid of the grossly overgenerous retirement system for legislators. That said, it seems that should be addressed in a separate bill, because the two things should not be mentioned in the same breath: the legislative system is SO much more generous, and offered in return for SO much less service, that the two things are like night and day. The state retirement system is a fiscal challenge. The legislators’ benefit is an outrage (read one of Cindi’s ever-popular columns on the subject, to remind you how outrageous). Changing what retirement looks like for future state employees may or may not be a great idea, or at least something that needs to be done whether its a great idea or not. Eliminating the legislators’ benefit is something that most would think is a great idea on its face.

Here’s how my thoughts went as I read the bill:

  • “Close the South Carolina Retirement System…” Whoa! There’s a bombshell.
  • … to employees hired or officers taking office after June 30, 2012…” Oh, OK. Still, that’s a huge issue that needs infinitely more discussion than it’s gotten.
  • Require new hires to “be enrolled in the South Carolina Retirement Investment Plan.” Huh. Well, I’ve never heard of that. Is it a viable option? How’s it doing? How has it performed? Can we have confidence in it as a viable option to a defined benefit?
  • “…establish the south carolina retirement investment plan…” So it doesn’t exist yet? OK, tell me more. Lots more.

And indeed, there are details below, although not quite enough — that is, not enough for a nonfinancial guy like me to tell whether the idea is viable.

What this looks like on its face is just what private employers have been doing for about a quarter-century and more: Moving employees out of pension plans, and into investment plans such as 401ks.

It’s worth talking about. A lot. Let’s start.


You’re failing to excite me, Arianna

Just got this from HuffPost:

We are writing with some very exciting news.  As you will see if you click on the HuffPost home page, The Huffington Post has been acquired by AOL, instantly creating one of the biggest media companies in the world, with global, national, and local reach — combining original reporting, opinion, video, social engagement and community, and leveraged across every platform, including the web, mobile, and tablets.

Central to all of this will be the kind of fresh, insightful, and influential takes on the issues of the day that you and the rest of our bloggers regularly deliver.  Our bloggers have always been a very big part of HuffPost’s identity – and will continue to be a very big part of who we are.

When the Huffington Post launched in May 2005, we had high hopes.  But we would have been hard pressed to predict that less than six years later we would be able to announce a deal that now makes it possible for us to execute our vision at light speed.

The HuffPost blog team will continue to operate as it always has. Arianna will become editor-in-chief not only of HuffPost but of the newly formed Huffington Post Media Group, which will include all of AOL’s content sites, including Patch, Engadget, TechCrunch, Moviefone, PopEater, MapQuest, Black Voices, and Moviefone.

Together, our companies will have a combined base of 117 million unique U.S. visitors a month — and 250 million around the world — so your posts will have an even bigger impact on the national and global conversation.  That’s the only real change you’ll notice — more people reading what you wrote.

Far from changing the Huffington Post’s editorial approach, our culture, or our mission, it will be like stepping off a fast-moving train and onto a supersonic jet.  We’re still traveling toward the same destination, with the same people at the wheel, and with the same goals, but we’re now going to get there much, much faster.

Thank you for being such a vital part of the HuffPost family – which has suddenly gotten a whole lot bigger.

All the best,

Arianna, Roy, David, and the HuffPost Blog Team

Forgive me, Arianna, but I’m failing to get excited. That’s like saying your site is being sponsored by Geritol (that’s a Boomer reference, youngsters), or you’ve formed a strategic alliance with “The Lawrence Welk Show” (ditto, kiddies — this was the very essence of grandparents’ entertainment in the ’60s).

AOL? The Aztecs had AOL. Any edgy cred the HuffPost once had, if it had any, has now evaporated.

Folks, help me remember this memo to self: When I sell out, it will be to somebody cool… unless, of course, the money is just offensively ridiculous.

Free-associating on "AOL"...

Get out your checkbooks: Introducing Carlie Flowers

The economy, finally, is about to kick back into gear.

I now have an advertising sales force, and it consists of the lady pictured at left: Carlie Flowers. She has business cards and everything, so all of you business owners and managers, directors of well-heeled advocacy groups, political candidates and others who have hitherto been hurting America by sitting on your wallets: You might as well start opening them now. Or even better, your checkbooks.

I recruited Carlie to sell ads for me last week. What, you ask, are her qualifications for this vital task? Well, she also sells ads for The Shop Tart. Yeah. Go look at that site. Count the ads, if you can.

No, selling for bradwarthen.com isn’t quite the same as selling for the lovely, highly marketable Shop Tart. But Carlie is up for a challenge. Take a look at her. Does that look like a woman who will approach prospective customers by saying, “You don’t want to buy an ad, do you?” Which hitherto has been the approach at bradwarthen.com, which is why, if I’d had a head of advertising before now, I’d have fired him or her. So I could hire Carlie.

This is pretty exciting. For me, anyway. Since, you know, I stand to make money from it.

Y’all can participate by counting the ads as they stack up, and being suitably impressed.

Here we go now…

A few thoughts on the State of the State

Watch the full episode. See more SCETV Specials.

EDITOR’S NOTE: THERE IS A SERIOUS ERROR BELOW, WHICH I HAVE NOW CORRECTED. PLEASE SEE THE CORRECTION POST.

Been trying all day to get to Nikki Haley’s speech last night. Here are a few quick observations:

  • First, the style: Nikki is a WAY better speaker than Mark Sanford. She, at least, can read a speech that’s right in front of her (and do it in a fairly engaging way). Her predecessor could not, or would not. Every year, I’d get my copy of the speech over lunch on the day of. I’d read it, mark it up, and ask questions about it. I would have completely digested it by the time of the speech itself. Then came speech time, which I generally watched from the comfort of my office on the tube. And then I had to suffer through his hems and haws, and “I would says” and “at the end of the days,” and flat-out off-script digressions, all of them awkward, pausing to search for words, ignoring the speech in front of him. Nikki, with her teleprompter, was MUCH better. But I expected no less.
  • This is not to say that her style is without its irritating characteristics. There’s her prim, smug, I’m-the-girl-with-the-most-gold-stars-in-the-class tone that she too often affects. Watch, for instance, when she extols the blessings of having “a chief executive willing to lead the charge and make the tough decisions” — speaking, of course, of herself. I guess someone who came from the back bench to governor in a year is bound to be a bit self-congratulatory. Human nature. But she could tone it down a bit. And often, she does.
  • Do you know why she can only suggest $120 million worth of cuts toward the $719 million shortfall? Because she hasn’t suggested anything that her political base might object to. And it’s hard to come up with cuts that deep and still do that. She hit programs for those worthless, lazy poor people, of course. And when she got to the middle class, she only went after the stuff that those wicked, decadent liberals like — such as ETV. But the truth is, everybody will have reason to gripe when all the cuts are in. Because believe me, this state’s leaders will never pull an Illinois. Not that they should; I’m just assuring you that they won’t. It’s going to be cuts all the way. And that has nothing to do with Nikki Haley; that’s just the way our State House does things.
  • The ETV thing, of course, is nothing new. Back during the GOP runoff last year, I went over to tape an interview at ETV. They had already talked with Gresham Barrett for the same show. But Nikki wasn’t even calling them back. Scuttlebutt in the ETV corridors was that she didn’t want to talk to them because she was going to back Mark Sanford’s veto of their entire budget. Don’t know whether they were right, but I could see how they’d get that impression.
  • Don’t you love the way she blithely suggests that if you kill ETV (excuse me, “When you release government from the things it should not be responsible for…”), it has this miraculous effect: “you allow the private sector to be more creative and cost efficient.” Remarkable, the things these ideologues will say as though they believed them. Love or hate ETV — and I see it as what it is, one of those few things that South Carolina can point to as something it has done as well as, or better than, other parts of the country (at least in past years) — the notion that the private sector will fill the gap is laughable. You know, this private sector… (Remember when Bravo was known for high-quality arts programming. Not anymore, baby.)
  • I’m definitely with her on asking for quick confirmation of her appointees. She’s made some good picks, and they deserve the opportunity to get to work. Advise, consent, but let’s do it quickly.
  • That little nonsensical (to all but Tea Party ideologues) lecture about how federal funding is inherently a BAD thing was painful to listen to. See, the trouble with the feds sending us money to fund services is that “federal money comes strings, and with those strings come limitations.” The alternative, of course, in South Carolina is that those needs don’t get funded at all. But they’re not really needs, are they? Say that often enough, and you start to believe it. Apparently. In my book, it’s offensive nonsense to say “my cabinet will stop the practice of working the system to get increases in federal funding simply for the sake of expanding our budgets” — as if agencies have sought such funding for any other reason that to fund important services — services they are charged with providing — that the state won’t fund. But yeah, I get it: Her base believes government shouldn’t do such things anyway.
  • I love, love, love that she’s starting out asking for ending the separate election of constitutional officers. Of course, I’m disappointed that she’s only pushing to do two of them — Gov Lite and superintendent of education. But it’s a start, and maybe that’s the smart way: Isolate a couple, so lawmakers can’t hide their votes to kill them. Then do the others later. Remember what they did last time there were votes on the whole shebang? The senators swapped votes, with just enough voting against putting each constitutional change on the ballot to kill it, but each senator being able to say he voted for some (or most) of them. So in this case, maybe piecemeal is smart. And, we hope, a substantive move toward the greater accountability Nikki says she wants to foster.
  • NOTE: THIS BULLET POINT IS COMPLETELY WRONG. I MISREAD WHAT THE GOVERNOR SAID. IN FACT, I THINK WHAT SHE SAID WAS PRAISEWORTHY. I’VE WRITTEN A SEPARATE POST TO SAY SO, IN NO UNCERTAIN TERMS. How’d you like this part? “The state of South Carolina pays more than $16,000 annually to incarcerate a single prisoner. We spend more each year on a prisoner than we do on a student. Think of the savings we’ll realize if we aren’t constantly welcoming back behind bars those prisoners who finish out their initial terms.” Usually, when a politician says that, he or she is suggesting that we need to do more to make sure kids get a good education so they don’t end up in prison, which IS more expensive. Nikki says it to justify spending less than our current lowest-in-the-nation amount per prisoner. One way she’d do this? Well, we’re already spending rock-bottom per meal, so we’ll just serve fewer meals. If you think this is a great idea, there’s nothing I can say to you. Except that there is a danger to all of us in running undermanned, underguarded prisons full of starved prisoners. But let’s move on.
  • I very much like that she’s started off her tenure on the Budget and Control Board by helping it work well together. She’s right to be smug about that. I like even better that she sound MORE determined last night than she has to insisting that the board be replaced with something more answerable to the governor. For years, lawmakers were able to shrug off this reform (and cling illegitimately to executive power) by saying you just couldn’t work with that Mark Sanford (which was true, but it was still just an excuse). Now, with the cooperative tone she’s set, they can’t say that. Let’s see some action. Stay on them on this, and keep pouring on the honey — since vinegar didn’t work.
  • This morning, I saw tweets from SCRG touting her speech. But there was no getting around the fact that she did not mention their signature issue — diverting funding from public education to private schools. Good for her. That was a welcome relief from the distracting nonsense of recent years.

Finally, a bit of a digression of my own: On the day that the U.S. House engaged in one of the most offensive partisan gestures I’ve seen in many a year — their farcical “repeal” of health care reform, demonstrating yet again that these yahoos who have taken over the GOP don’t give a damn about health care in America, they just want to cock a snook at Barack Obama at every opportunity — it was just as offensive to see the governor of our state take ANY time in a 34-minute speech to say that HER Cabinet will do all it can to opt out of that same reform. Because, you know, we don’t want South Carolina reaping any benefits that might accrue. If she hadn’t done that, I might have been able to take the fact that she wants to make the lion’s share of her cuts to Medicaid. But paired with that ideological statement, there was no way to put a positive spin on the cuts to care for the poor. Together, those gestures said, “We’re not going to help these people get health care, and we won’t let anyone else do it, either.”

There was good and bad in this brief, brisk, well-delivered speech. But that one thing kind of cast a pall over it all for me. Maybe it wouldn’t have bothered me so much if not for what the House had done that day. After all, while she couched it in ideological language (which is the only way to say the things she was saying, since pragmatism doesn’t enter into such an equation), and while her 1860-flavored digression about the rights of states to resist federal initiatives was kinda creepy amid the celebrations (as opposed to mere observances) we’re seeing related to that period, was downright creepy… still, I was pleased with the respectful, nonpartisan way she described her interaction with the president. But in the end creepy is creepy. And playing ideological games with the lives of sick people is inexcusable. No, we can’t pay for everything we’d like. And no, that federal legislation is far, FAR from perfect. But it’s the only live preserver that’s been thrown, and our governor has no business trying to yank it away.

It just seems to me that we have enough challenges here in South Carolina, more than enough for the governor to say grace over. I can see NO good reason to use any of our limited time, energy or resources mixing into these national partisan fights — especially if we don’t have a better plan for accomplishing what the feds are trying to accomplish.

For real accountability in higher ed, here’s the first number Haley should look at: 10.9 percent

Just read this item over at thestate.com:

Gov. Nikki Haley and higher education leaders said today they are working together on ways to objectively measure the performance of South Carolina’s public colleges and universities.

School officials said Tuesday they will provide the governor with data including class sizes, the number of in-state and out-of-state students, classroom spending and their economic development impact. The goal, Haley said, is to determine which schools were getting the best results from their budgets.

State spending on higher education has been cut in recent years, and, with the state facing an $830 million budget deficit, public colleges likely face more cuts…

College officials said they welcomed the opportunity to show their value.

“Accountability and transparency and quality can all coexist,” said Clemson University president James Barker.

Barker said he had not had a similar meeting with former Gov. Mark Sanford, who targeted rising higher education costs.

“It felt very different,” Barker said.

I’m with President Barker on this: It’s great that Nikki Haley even cares enough to talk to the public higher ed institutions. Her predecessor’s lack of interest was deafening.

But as she presumes to decide the institution’s fiscal fate (suddenly, I’m flashing on Rowan and Martin: the Fickle Finger of Fiscal Fate), there’s one number I hope she absorbs before any other: 10.9 percent.

That’s how much of the USC system’s total budget is provided by state appropriations. For USC Columbia, it’s 10.3 percent. (I don’t have the numbers for the other institutions in front of me at the moment.) It used to be more like 90.

The college administrators are too polite, and too politic to say it (personally, I’d be tempted to say to everybody at the State House, “Yeah, and I’m going to care about you and your opinion of what I’m doing, oh, about 10.9 percent.”), and I suspect they are truly pleased that Nikki wants to work with them at all. It’s a nice change. But it would be good if politicos who want to call the tune for these institutions were a little more cognizant of just how little they are paying to the piper.

The world is even more with us

The world is too much with us; late and soon,
Getting and spending, we lay waste our powers:
Little we see in Nature that is ours;
We have given our hearts away, a sordid boon!
The Sea that bares her bosom to the moon;
The winds that will be howling at all hours,
And are up-gathered now like sleeping flowers;
For this, for everything, we are out of tune;
It moves us not.–Great God! I’d rather be
A Pagan suckled in a creed outworn;
So might I, standing on this pleasant lea,
Have glimpses that would make me less forlorn;
Have sight of Proteus rising from the sea;
Or hear old Triton blow his wreathed horn.
William Wordsworth, 1802

Yeah, what Wordsworth said.

I am saddened by something that just happened in my home county of Lexington — or rather, the way it happened. Doug Ross already alluded to it — approvingly, of course. Therefore it is my duty to demur. Here’s the lowdown:

By Mike Fitts
mfitts@scbiznews.com
Published Dec. 8, 2010

Amazon is coming into Lexington County — and the county’s blue laws are going out.

Part of the deal that landed Amazon, announced Tuesday, includes a requirement that the county end the blue laws, which generally restrict shopping before 1:30 p.m. on a Sunday.

Amazon’s distribution center is likely to operate at all hours, seven days per week. According to Lexington County Council Chairman Jim Kinard, to ensure there is no problem with its operations, the company asked that the law be changed.

“These guys apparently had never heard of blue laws,” Kinard said.

Amazon’s request for the deal was one part of the big investment that it is making in Lexington County. The company plans to build a $100 million distribution center in the county’s Saxe Gotha Industrial Park alongside Interstate 26. It is expected to employ 1,249 full-time workers and 2,500 part-time staffers during holiday rush seasons….

First, that’s awesome that the community is getting 1,000 jobs.

It’s not so awesome that something that culturally set the community apart from other, more hurried, communities was set aside willy-nilly, without any sort of community conversation.

Yep, I’ve heard all the arguments against blue laws, and I haven’t heard a good one yet. Count me among those who remembers (way, way long ago, like in the 60s) and misses the times when we truly got a day off on Sunday, a day when no one expected us to engage in the hustle-bustle of the other six days because we couldn’t. (And the biggest canard spread by those who advocated modernity on this is the one about how we can CHOOSE not to run around like headless chickens on Sunday. No, we can’t. If you can do something, the world — the expectations of your family, your neighbors, your employer, everyone — will crowd you into participating on some level. Ours is an interconnected universe. Don’t make me quote John Donne, too.)

Again, I’m glad that the community is getting this shot in the arm. And if I had been in the position of those officials needing to act quickly to make it happen, I might have done the same thing. And I certainly understand Amazon’s unwillingness to get caught in a legal bind.

But I just hate that it had to happen this way, so that the community didn’t get to have a conversation about what it was trading away.

I took care of that deficit thing. Ya got anything else needs doin’?

Thanks to Phillip for bringing our attention to this NYT page, where you, too, can try to eliminate the national deficit.

I managed to do it. And it wasn’t especially hard. It was a little hard, just not especially. I’ll be happy to let the Congress use my plan, for a consideration of a mere half a percent of the amount by which I reduced it.

The only thing I did that I had real qualms about (and yeah, I know that credible arguments can be mounted against everything I did, but the rules of the game, in real life and here, are that you’ve got to do something) was when I decided to cap Medicare growth starting in 2013. That sounds to me suspiciously like the kind of arbitrary limit that Tom Davis et al. want to enact in South Carolina. But I excused myself in the hope that it would exert downward pressure on costs. I’m pretty sure it wouldn’t, though. The only way the federal gummint would really be able to lower costs is if we are ALL in the program — then there wouldn’t be anyone left to raise prices on. Note that I did NOT raise the age of Medicare eligibility. That’s because I think it should be extended to everybody — except that those of us under 65 would pay for it, just the way we do for employer-provided insurance.

I really went back and forth on that one. But if I didn’t do it, I fell short of the goal, and there wasn’t anything else I would consider doing. If I did do it, I exceeded the goal. (As you can see if you check my plan, I have surpluses. Am I good or what?)

And of course, of COURSE, we should raise the age for full Social Security eligibility. Average life expectancy today is 77.9 years. Those born in 1900 only expected to live 50 years. So 70 is like the new, I don’t know, 45.

And yeah, I know states are hurting, but aid to states is just not a core function — and maybe not even a legitimate function at all — of the federal government.

I didn’t touch military spending, particularly not ongoing operations — except for cutting some new weapons programs.

Overall, 33 percent of my deficit reduction came from tax increases, and 67 percent from spending cuts. So take THAT, all of you think I love all tax increases.

Seriously, I charted a middle road on the whole Bush tax cuts issue, because I find both sides of the debate sort of persuasive and sort of not. Democrats’ ranting about Republicans’ “tax cuts for the rich” leave me cold. So does Republicans’ love for tax cuts for the rich. Heh. The issue is what makes sense for both our economy and the proper functions of government. Hence my middle road.

Another failure to communicate

Mitch McConnell has something in common with Barack Obama. Actually, two things: First, he now agrees with the president that we need to do away with earmarks. (Oh, you didn’t know that? Yes. That’s something Jim DeMint and Barack Obama agree on. This isn’t a debate between Democrats and Republicans. It’s a debate between entrenched legislative leaders of both parties, and just about everybody else.)

But he also believes that this is more of a communication problem than a question of there being anything wrong with the practice.

Oh, he says he’s been listening to the people, and I suppose that’s true as far as it goes:

I have thought about these things long and hard over the past few weeks. I’ve talked with my members. I’ve listened to them. Above all, I have listened to my constituents.  And what I’ve concluded is that on the issue of congressional earmarks, as the leader of my party in the Senate, I have to lead first by example. Nearly every day that the Senate’s been in session for the past two years, I have come down to this spot and said that Democrats are ignoring the wishes of the American people. When it comes to earmarks, I won’t be guilty of the same thing.

But this is the thing that jumped out at me when I heard it on the radio this morning (the bold-faced emphasis is mine):

Make no mistake. I know the good that has come from the projects I have helped support throughout my state. I don’t apologize for them. But there is simply no doubt that the abuse of this practice has caused Americans to view it as a symbol of the waste and the out-of-control spending that every Republican in Washington is determined to fight. And unless people like me show the American people that we’re willing to follow through on small or even symbolic things, we risk losing them on our broader efforts to cut spending and rein in government.

Did you get that? Essentially, the way he sees it is, the problem is that YOU, the people, don’t understand how wonderful earmarks (at least, HIS earmarks) are, even though HE knows better, and has always known better, which is why he’s not going to apologize. But against his vastly superior judgment, he’s going to have to act on this purely SYMBOLIC concern that YOU, the uninformed people, have, or else he’s going to lose the ability to do all the wonderful things that only he and his brethren can possibly provide to you, the people.

Got that? I certainly did.

Is Wikipedia worth kicking in a few bucks for?

No matter what I call up on Wikipedia today, at the top of the page is a big link to this:

An appeal from Wikipedia founder Jimmy Wales

I got a lot of funny looks ten years ago when I started talking to people about Wikipedia.

Let’s just say some people were skeptical of the notion that volunteers from all across the world could come together to create a remarkable pool of human knowledge – all for the simple purpose of sharing.

No ads. No agenda. No strings attached.

A decade after its founding, nearly 400 million people use Wikipedia and its sister sites every month – almost a third of the Internet-connected world.

It is the 5th most popular website in the world but Wikipedia isn’t anything like a commercial website. It is a community creation, written by volunteers making one entry at a time. You are part of our community. And I’m writing today to ask you to protect and sustain Wikipedia.

Together, we can keep it free of charge and free of advertising. We can keep it open – you can use the information in Wikipedia any way you want. We can keep it growing – spreading knowledge everywhere, and inviting participation from everyone.

Each year at this time, we reach out to ask you and others all across the Wikimedia community to help sustain our joint enterprise with a modest donation of $20, $35, $50 or more.

If you value Wikipedia as a source of information – and a source of inspiration – I hope you’ll choose to act right now.

All the best,

Jimmy Wales

Founder, Wikipedia

P.S. Wikipedia is about the power of people like us to do extraordinary things. People like us write Wikipedia, one word at a time. People like us fund it, one donation at a time. It’s proof of our collective potential to change the world.

Wikipedia is to me probably the most useful thing on the Web, or perhaps tied with Google for that distinction.

A lot of people badmouth it — but while it may have its flaws as a result of being open to the world, it also stands as a more complete, and certainly more up-to-date, source of information than anything I’ve ever seen.

Sure, the thrust of an article can be bent by the bias of the unknown author, but hey, the same was true of encyclopedias — which were dead, pitiful little things by comparison.

Wikipedia has no equal when it comes to being a reliable source for basic, factual info, as a check for one’s own memory. It’s the quickest way to find out the little things that may nag you, such as “who was Al Smith’s running mate in 1928?” or “who wrote ‘Soldier of Love (Lay Down Your Arms)’?” Or “who was The Beatles’ manager before Brian Epstein?”

Maybe things like that don’t bother you, but they do me.

Maybe, if I can sell another ad or two, I should kick in a few bucks…

Way to go! We’re No. 18! (I think)

I don’t remember what I was looking for, but over the weekend I inadvertently stumbled on this Web page listing the teams from the recent Walk for Life, with what I take to be their total amounts raised.

And as I skimmed down the alphabetical list, I saw that “Brad’s Bloggers” had the highest total — $982 — up to that point in the alphabet. (We were 22nd on the list.)

Hey, I knew we had done pretty well — largely thanks to Doug Ross — but this intrigued me enough to run down the whole list and see how many teams raised more than we did.

And there were only 17 teams that did better, out of more than 300 teams. (I counted twice. One time I got 314, the next time I got 304. So I just decided to call it “more than 300,” because I’ve got work to do.)

How about that? And we got a late start. Just think what we could do next year, if we’re just a little better organized.

Anyway, here’s my list of the top 20 teams (if I missed anybody in my quick skim, I apologize):

  1. The Pink Posse — $19,741
  2. Pink for Michelle — $3,900
  3. Steps for Steph — $3,728
  4. Cancer Crushers — $3,715
  5. Keenan Suggs — $2,531.65
  6. Team TWC — $2,522.50
  7. Irmo/Lexington Curves — $2,270
  8. SCBT — $2,105
  9. Positively Pink — $1,730
  10. Lizard’s Thicket — $1,620
  11. Edens & Avant — $1,540
  12. University of Phoenix Columbia Campus… — $1,153
  13. KICK — $1,137
  14. SCANA Legal/Legal Regulatory/Environmental Team… — $1,100
  15. Richland One SNS Boob Buddies — $1,071
  16. Mt. Herman Walkers — $1,005
  17. The Ta-tinis — $1,003
  18. Brad’s Bloggers — $982
  19. Richland One – Forest Heights Deb’s Team… — $900
  20. Crusaders for the Cure — $885

Just the facts, Jack: Dept. of Ed. employment

So we’ve heard Vincent Sheheen say there are only about 800 something state Department of Education employees, and Nikki comes back that no, there are eleven hundred and something (going by memory, since I can’t see my DVR from here).

And you think, “Whoa! Surely she wouldn’t give an actual NUMBER if it’s not true!” That is, you think that if you’re one of those simple folk who think numbers represent a special kind of truth.

And if you don’t know our Nikki, who is completely unbothered by actual facts.

Happily, self-styled “Crafty ol’ TV reporter” Jack Kuenzie bothered to check:

Debate issue: # of employees @ SC DOE? Dept. says 1,179 FTEs authorized, many slots vacant. Filled: 449 in bus shops, 434 administrative.

Those of you inclined to be overly kind will say, “Then they were both right!”

No.

The context in which this keeps coming up has to do with Nikki repeating the canard that our wicked, evil public education system never lays off “bureacrats,” but always lays off teachers first, because… well, just because it’s mean and evil.

Which, like most of what she says, is not true. The Department of Education — you know, the place where you find people actually enforce all those accountability rules and regulations that people who don’t trust public education have instituted over the years — actually employs far fewer than it’s authorized to employ.

And half of them (actually, more than half) keep the buses running. Just as Vincent keeps explaining.

When the going gets tough, the tough talkers fail to pay their taxes on time

The last couple of days have been busy, too busy for me to report adequately on Nikki Haley’s appearance before the Columbia Rotary Club Monday.

Of course, there’s not much to report. She basically gave the same speech I’ve heard all year — the same one I heard at that Sarah Palin rally, which frankly I see as the moment Nikki peaked. She was at the height of her powers. She was that creature I’ve recognized so often — one who knows he or she is on the ascendance. It was that evening that I knew she was going to win the primary.

What’s remarkable is that now she’s still giving the same speech. For instance, she still has the gall to tout her experience and ability as an accountant — even though now (as opposed to when she started giving this speech) we know that pretty much every opportunity she’s had to apply these skills, in her personal finances and her family’s business, she’s left a mess behind, littered with broken deadlines and fines that had to be paid. Have you ever had to pay a fine for failure to pay taxes on time? And do you go around boasting about how you’re a great accountant? Well, she still does, and she demonstrably is not.

But that doesn’t seem to bother her.

My friend Mike Fitts, who writes for Columbia Regional Business Report, asked to come to Rotary as my guest, so I invited him. I gather Mike has had a bit of trouble getting Nikki’s attention. But when I asked him that, he said no, he had been allowed 20 minutes with her — in August.

Mike managed to dredge a story out of the speech, but it’s not the strongest of news angles. An excerpt:

Haley says family financial struggles led to tax issues

By Mike Fitts
mfitts@scbiznews.com
Published Oct. 19, 2010
Republican gubernatorial candidate Nikki Haley said her family “was struggling” financially when they failed to pay or file their income taxes on time.
Haley took a question about the tax issues during her Monday visit to the downtown Columbia Rotary Club. According to published reports, Haley was late paying her taxes for the years 2004 to 2006, accruing more than $4,000 in late payment penalties. The family did see its reported income cut in half between 2005 and 2006, dropping to just more than $40,000.
Haley said she and her husband had lost some income at the time and were shutting down a business. The economic aftermath of the 9/11 attacks had dented their retail business, as it had many others.
“We know what it’s like to struggle,” Haley said.
While the Internal Revenue Service does allow extensions for paperwork, it expects taxpayers to make an accurate assessment of the likely tax bill and to pay on time.
The question came from a Rotarian who described himself as a supporter, saying he wanted to give the Lexington Republican a chance to clear up the issue….

Maybe that was the best, newest angle to come out of the session; I don’t know. But I remember that when I heard her say it, I thought, “Duh!” I mean, we kinda assumed that she was having financial difficulties. Not paying your taxes is a financial difficulty in itself.

The issue, of course, is how you deal with difficulties. And since she obviously dealt with hers in less than a stellar manner — especially for such an ace accountant — the question remains how she squares this with her touted skills. At two points in her performance Monday, she said the following:

If you’re in business, you know: The best decisions are when you go through the hardest times. There’s an opportunity there, because it will force us to prioritize…

What I’d like to know is how she squares that with how poorly she handled tough times. I know a thing or two about tough times, about seeing your source of income kicked out from under you and wondering how you’re going to get the mortgage paid. But I also know that one thing you want to avoid is getting in a situation in which you have to pay a fine on top of the taxes you owe. I’m no accountant, but I can figure that out.

And you definitely don’t do it if you’re going to have the nerve to ask voters to elect you to handle their money.

Sheheen not getting help from national party? Good.

The first thing I saw on this topic was that Dick Harpootlian was apoplectic about it:

Nu Wexler wexler Nu Wexler

God bless Harpo. RT @jmartpolitico: Harpootlian sounds off on $ sc dems are getting for gov race: “I’m pissed.” http://bit.ly/atJd10

Well, Dick gets worked up.

For my part, I’m glad Vincent Sheheen isn’t getting any real help from the national party. Who the governor of South Carolina is is no business of the national Democratic Party. Or, for that matter, of all those national donors Nikki Haley keeps leaving the state to court.

All of those people should stay out of our business.

Anyway, it doesn’t sound like Vincent’s hurting. Today he touted having raised $3.5 million:

Camden, SC–Today, the Vincent Sheheen for Governor campaign will file its pre-election campaign finance report with contributions totaling over $1.8 million for the period. Ninety-four percent of the contributions came from South Carolina.  The Sheheen campaign has raised a total of over $3.5 million in the race for governor.

Maybe that’s not enough to pay for the kind of inside-the-Beltway partisan campaign that Nikki’s running (going on about Obamacare and immigration in Arizona, rather than about South Carolina), but that, too, is a good thing.

I just hope he’s a better accountant than Nikki

Catching up with my e-mail, I see this came in this morning:

Truth In Politics Announces Forensic Accounting Expert

COLUMBIA, SC- Conservatives for Truth in Politics announced today that Charleston CPA, Ellie Thomas, has joined the group as its CPA.  He will join Ms. Cyndi Mosteller, former 1st Vice Chair of the SC Republican Party and Dr. David Woodard, Political Science professor at Clemson University, Co-Chairs and Liana Orr, Executive Director and Secretary/ Treasurer as the officers of the 501 (c)(4) advocacy association.

Thomas is recognized as an expert in Accounting and Tax Matters by the Circuit Court of South Carolina and recognized as an expert in Forensic Accounting by the Circuit Court of South Carolina.  He served on the Patriot’s Pointe Development Authority from 2001-2004, serving as the Finance Committee Chairman from 2003-2004.  He also served as a volunteer accountant for the SC GOP from 1987-1989.

In addition to adding a CPA, TIP is pleased to announce they have over 100 official members of the organization and almost 500 followers on Facebook in less than 2 weeks since its formation.  The organization is also receiving contributions to help get the word out that true transparency and answers to serious questions concerning Republican Candidate Nikki Haley are in the public’s best interest.

“We are very pleased to have Ellie Thomas join us.  One of the main issues that has raised numerous questions is Nikki’s numerous violations on both her personal and business taxes.  Thomas, a forensic CPA that specializes in these matters, will be a tremendous resource to TIP as we educate the public about her numerous tax problems,” said Mosteller.

In addition to Ms. Haley failing to come clean on her personal and business tax matters, TIP is also asking Ms. Haley to explain or clarify many questions that are still lingering:

“To our knowledge, there is no ‘”small business tax” that she keeps referring to in her campaign rhetoric.  We feel very strongly that if Ms. Haley doesn’t come clean on that issue, we will be forced to let the public know it is nothing more than smoke and mirrors,” said Thomas.

“We do know that she wants to eliminate the corporate income tax which significantly benefit large out-of-state corporations and does absolutely nothing for the majority of small business.  She may try to pull the wool over your eyes by making up things like the “small business tax,” but I can assure you as a forensic CPA that has spent my entire professional career knowing the tax code that this organization will not allow these statements to go on any further unchecked,” said Thomas.

It does appear that Nikki Haley will pay for this big business tax break on the backs of the working families of SC by increasing their taxes on groceries.  A recent Wall Street Journal article noted that this will hit families making less than $45,000 a year the hardest, especially in a bad economy when more people are buying groceries to avoid eating out.  “I can tell you that most of my clients are not making more money but trying to save.  Eating out less and buying groceries to feed the family is the trend these days.  I never thought I would see a Republican Nominee advocate a tax in this economy.  Interestingly, I saw comments made by Iris Campbell.  I doubt Gov. Campbell would have been advocating a tax on groceries when the unemployment rate was at double digits and the economy was so bad,” said Mosteller.

TIP has also asked for Nikki Haley to make copies of her tax returns, her State House computer hard drive and emails available to the press in the same transparent manner as Sheheen. TIP has also asked for sworn affidavits from her, Will Folks and Larry Marchant concerning the charges of infidelity.  “We have heard from Folks and Marchant who indicated that they will provide the affidavits.  We have yet to hear from Ms. Haley,” said Mosteller.

For more information on Conservatives for Truth in Politics, please go to www.sctruth.com

####

Buddy, can you spare a scholarship?

Got this from Stan Dubinsky. I got it without any context, so I don’t know who produced it, or anything else about the campaign it’s a part of (help me out, Stan — do you have a link?).

Most of the way through it, I was thinking, “You’ll never get anywhere with this.” That’s because the kinds of people who are the reasons higher education was never funded at a competitive level in South Carolina, and has been incredibly slashed from the already-low levels to a fraction of those levels, really don’t give a damn about the considerations depicted in the video. When the video asks the viewer to imagine “no social workers,” I’m thinking that the Tea Party types are going, “Hell, yes! Sounds great to me!” (And no, historically the “Tea Party” has not been a factor, by that name. But the mentality that it represents has long held sway in our state, and is one of the main reasons we lag economically behind much of the rest of the country. )

But then I get to the end and realize, this little film isn’t aimed at them. Or at me. It’s aimed at people in a position to give private dollars to prop up the institution. The makers of this video assume that the public conversation is long ago finished, and lost. In this piece, they’ve moved on.

And well they should. Several rounds of cuts back, the Legislature was only funding between 12-15 percent of the cost of running our supposedly “public” institutions of higher learning. I don’t know where the percentage is now. These formerly state institutions now look to the state as one of many, many donors it has to line up.

And this video is one way of doing that.

The Walk was great. I’m tired now…

Here are three of the 6,000 people who walked for breast cancer awareness this morning — Mark Stewart, Kathryn Fenner and Doug Ross.

Brad’s Bloggers. The Few. The Proud. Etc.

We had a great time. The weather couldn’t have been better. Afterward, I went to the Italian festival on Main Street, which was also awesome.

And then I took a nap. But I’m still kinda dopey.

But I wanted to be sure to thank Mark, Kathryn, Doug. And the following, who gave but were unable to walk with us:

  • David Knobeloch
  • Pat Dixon
  • Nick Nielsen
  • Buddy Johnson

Next year, we’ll do it again, and I’ll try to get an earlier start on the planning. Maybe we’ll have custom T-shirts; who knows?

But now, I’m feeling pretty good about the $932 we raised — $450 of it by Doug alone!

It’s not about whether it’s legal; it’s about whether such a person should be governor

My sense is that John Barton was right when he said in The State this morning that John Rainey’s charge that Nikki Haley has violated ethics law by taking 40 grand from Wilbur Smith is without legal merit.

Barton knows about such things, and if he says that payment didn’t cross the line, he’s almost certainly right.

Which of course is beside the point.

That story, which fretted mightily over whether the law was violated or not by that deal, is yet another example of something I’ve bemoaned in the MSM for many years. “Objective” news folks, who fear exercizing judgments, obsess over whether something is legal or not to such a degree that the conversation becomes about THAT, and if in the end it’s determined it’s NOT against the law, then everyone goes “all right, then” and moves on. As though being legal made it OK.

But legal or not, it’s not OK. The issue is that the way Nikki Haley handled this shows her lack of fitness for high office.

And the ultimate issue isn’t her, but us. It’s about the decision we make.

And we have to decide whether we want someone to be our governor who, in this instance:

  • Took more than $40,000 from a business that can’t tell what she did for them, just that they wanted to retain her because she’s “very connected.”
  • Avoided disclosing that.
  • Insists that she should be elected because she champions transparency.

So I doubt that Rainey’s letter will lead to legal action against her. I doubt that she’ll have the pay a penalty the way she keeps having to do because of not paying taxes on time.

But it does serve the useful purpose of making sure voters don’t forget something they should remember.

Our goal? To raise more than $480 for Walk for Life

Why $480? Well, because that’s how much my wife’s team has raised. And we can’t let her win, because she’s a girl.

And yeah, I realize some of my teammates are also girls, but I suppose they have their motivations, and I have mine.

OK, seriously, I have other, better motivations. Such as the fact that my dear wife is herself a cancer survivor — nine years after having stage 4 cancer, which had spread to her liver by the time we knew about it. A precious, walking miracle.

… which, when you think about it, gives her an UNFAIR ADVANTAGE in raising money for her team. How am I going to compete with that narrative? I mean, I may be an ad whiz, but marketing genius only gets you so far. So we’re just gonna have to work harder, aren’t we?

We’re well on our way, as it happens. If you go to the Web page where you can also sign up to contribute, you’ll see we’ve raised $305. So we need $175 or more. We can do this!

You can no longer “join” the team in terms of having your name show up on the page (I don’t know why they shut that off so early), but you can still contribute (the total on the page reflects new contributions), and still show up to walk with us at 8:30 a.m. at Finlay Park on Saturday, Oct. 2.

So come on! So far, Doug Ross, Kathryn Fenner, David Knobeloch, Mark Stewart and Pat Dixon have all signed up. David and Pat can’t walk that day, but we’re very happy to have their contributions.

So come on! But I already said that…

Last chance to walk with Doug, Kathryn and me

Last week when I put out the call for a blog team for the Walk for Life, Doug Ross and Kathryn Fenner generously volunteered immediately.

I had intended to keep the momentum going with a reminder each day, but I’ve had very little time for blogging this past week.

And now I see that the deadline for signing up is TODAY. I don’t know whether that means this morning, or noon today or midnight. But if you’d like to join the team, go to this link NOW and see if it will still let you in.

Here’s hoping I’ll see you on Oct. 2…

Apparently, the government had a really, really HARD time taking a dollar from Nikki

Alert reader J brings our attention to this AP story, which shows that not only can Nikki, the accounting whiz (just ask her; she’ll tell you), not pay her personal taxes on time, but neither could the business for which she acted as bookkeeper:

COLUMBIA, S.C. — A business owned by the family of South Carolina Republican gubernatorial candidate Nikki Haley has been penalized for failing to pay taxes three times since 2003, according to records obtained by The Associated Press.

Haley has frequently cited her experience as an accountant for her family’s clothing store, saying the state needs such business knowledge at its helm.

Records show the store’s taxes were at least 19 months past due each time the state filed a lien.

Two of the tax liens were for failing to pay corporate income taxes and one was for not turning over taxes withheld from employee checks. The company paid nearly $4,000 to remove the liens.

In response, Haley’s campaign said Thurday she is running for governor in part because she wants to cut red tape and taxes that are too burdensome. Her campaign declined to discuss the specifics of the liens.

“As a family, we saw how hard it was to make a dollar and how easy it was for government to take it,” Haley, a state House member, said in a statement. “I’m committed to making government friendlier to the people and businesses it serves.”

A key part of Haley’s economic plan is to eliminate corporate income taxes, an idea the Legislature rejected earlier this year….

Run that nonsense by us again, Nikki:

“As a family, we saw how hard it was to make a dollar and how easy it was for government to take it…”

Yeah, right! Where, precisely, did y’all SEE that? Obviously, in the case of your family business, the gummint had a heckuva hard time taking it.

And this is, apparently, what Nikki means when she says she wants to run government like her business.