Category Archives: Money

Yeah, but when’s the OTHER Koch brother going to kick in?

As you might expect someone with his, um, notoriety to do, Mark Sanford is attracting some celebrity money. This from the WashPost:

Former South Carolina governor Mark Sanford raised $334,397 over the past two months in his bid for a South Carolina House seat, campaign finance reports filed Friday show. He has a couple high-profile and deep-pocketed allies in his quest to regain political office, including billionaire GOP donor David Koch.

A special election for the seat vacated by Sen. Tim Scott (R) is being held March 19; the general election is  May 7.

Koch, who launched the conservative outside group Americans for Prosperity, gave $2,500 to Sanford’s House campaign. So did Foster Friess, a major back of Rick Santorum’s presidential campaign…

His (or whoever’s) likely opponent in the general election, also enjoying a name-recognition advantage, is doing almost as well:

Elizabeth Colbert Busch, the sister of comedian Stephen Colbert, is the likely Democratic nominee. She raised almost as much as Sanford at $309,559 and has $208,630 on hand. She hasn’t gotten any money directly from her brother, but she has gotten $2,600 from Evelyn McGee and $2,500 from Evelyn Colbert. Stephen Colbert’s wife is Evelyn McGee Colbert. Trevor Potter, the Republican Washington lawyer hired to help the comedian start a super PAC, gave $500.

There can be a drawback to suggesting that voters make their own signs about your campaign for Congress

mark sign

We all know about Mark Sanford’s bizarre campaign signs. You know, that he’s encouraging people to take scraps of cast-away plywood and crudely letter them with the message, “Sanford saves tax $.” Signs like this one.

Sanford thinks this is terribly clever, and sends out a terrific message about him in his bid for the GOP nomination for the 1st Congressional District. Me, I think it just reminds us what a startlingly cheap so-and-so he is, and not in a good way at all. More like this way:

In her 2010 memoir, former first lady Jenny Sanford tells her own stories — most of them unflattering — of his frugality. In one, Mark Sanford bought her a diamond necklace for her birthday. He ultimately made her give back the beloved gift after deciding he’d paid too much for it…

Anyway, an alert reader sent me the above image, which the reader reports was found “near Ravenel Bridge in Charleston.” This is what the sign refers to, in case you’ve forgotten.

So sometimes you might just want to go ahead and have official signs run up, and put them out yourself. It’s easier to stay on message that way…

AARP poll: SC grownups favor Medicaid expansion

I say “grownups” because all the respondents were over 45. It was the first word that came to mind. I’ll allow that there may be some grownups out there younger than 45. Anyway, here’s a report from the Charleston paper on the poll:

Most South Carolina adults interviewed for a new poll think the state government should expand Medicaid eligibility to include more low-income residents.

The poll was commissioned by AARP, a group in favor of expanding Medicaid in South Carolina under the Patient Protection and Affordable Care Act. A statement about the poll was published Tuesday on AARP’s website, but the full results have not been released.

It found that 54 percent of 800 adults polled in February favor Medicaid expansion and 57 percent disagree with Gov. Nikki Haley’s decision to decline federal money to accomplish that. All of the adults included in the survey were 45 and older.

South Carolina has a choice to opt out of the expansion because the state would eventually need to pay for part of it — 10 percent of the costs by 2020. The federal government would fully fund Medicaid expansion for three years and at a minimum of 90 percent after that…

Maybe when Nikki Haley gets to be 45, she’ll develop a more sensible approach to this, too. It’s possible. I don’t know what the excuse of the GOP majority in the Legislature might be.

By the way, AARP is lobbying in 40 states (including SC) for Medicaid expansion. But that should come as no surprise, since AARP has a lot of grownups in it…

Patriotic Millionaires: ‘Raise our taxes. We can take it.’

I knew about Warren Buffett, but I hadn’t heard of the “Patriotic Millionaires” group until I got this release today:

Patriotic Millionaires Slam Congress on the Sequester Stall
“We did our part, now it is time to do yours!”

New York, NY –Today, Patriotic Millionaires for Fiscal Strength implore Congress to come to an agreement and stop the impending budget cuts from the sequester. “Your job in its most basic form is to keep the country running. We did our part, now it is time to do yours!”

Travel writer, TV host, Tour Organizer, and Patriotic Millionaire Rick Steves (WA) says: “It’s time for millionaires like me to step up to the plate and contribute our share. A millionaire south of our border would spend a small fortune for designer fortifications. He’d need armed guards on his street corner so his child could walk to the park. What’s it worth to be able to work hard and prosper in the USA. It’s worth being a patriotic supporter of a progressive tax system. What’s honest? To acknowledge that we are the least taxed wealthy class in the civilized world and we’d live nowhere else. Together, we can invest in the fabric of our society and together we can enjoy the peace and stability and opportunity that you can only find here in America. Yep, I’m a Patriotic Millionaire.”

Filmmaker and Patriotic Millionaire Abigail Disney (NY) says: “The fact is that I pay a lower effective rate on my income than my assistant does, and that is just plain stupid.  We need to address the most egregious outs millionaires have access to and bring the tax code back in sync with our values as a democracy and meritocracy.  Closing the carried interest loophole, to name one of many, will go a long way toward getting us there.”

CEO of NuCompass Mobility and Patriotic Millionaire Frank Patitucci (CA) says:  “If my paying a few more dollars in taxes helps close a deal that will maintain basic government services, count me in. The alternative, a depressed economy, will cost me a whole lot more.”

Former AOL Executive and Patriotic Millionaire Charlie Fink (VA) says: “These two things I know to be true: there is no problem in business that cannot be solved by more revenue AND no business can cut its way out of a budget crisis. With or without the sequester, our problem remains lack of revenue. This was only slightly addressed by higher taxes on the wealthy. We must end corporate welfare, and get back to a system where our businesses, along with the most wealthy, contribute to the general welfare that allows our society to thrive, and create opportunity for others.”

Patriotic Millionaire Woody Kaplan (MA) says: “In order to maintain tax loopholes which advantage only the wealthiest Americans, the Republicans are putting our economy at risk, disrupting government services, and putting middle class taxpayers on furlough.  This is an unconscionable combination of greed and arrogance.”

Attorney and Patriotic Millionaire Joel Kanter (VA) says: ”It is remarkable that we are days away from the latest chapter in ‘Hostage Politics First, Country & Policy Later’ where millions of families will pay an enormous price. One can only hope that the outcry from those seeking reason will become unbearable on those seeking purity of purpose at all costs, and that Americans themselves will become ever more vigil about allowing their government to be hijacked and held hostage. I daresay an airliner facing these circumstances would become the focus of the world, and yet the millions that will be impacted here are seemingly noticed by none.”

Founder of Student Financial Aid Services, Inc. and Patriotic Millionaire Michael Alexander (CA) says: “Everyone who has reviewed the tax code agrees that it is past time to eliminate tax loopholes that benefit the wealthiest. We are better than that. It is time that the GOP act like grown-ups, show compassion, and do what is best for the country and those less fortunate.”

Angel Investor and Patriotic Millionaire Ron Garret, PhD. (CA) says: “Republicans say they want to shrink the deficit, but they refuse to raise taxes, which leaves draconian cuts as the only possible option.  But instead of owning this conclusion they instead try to blame the president for the inevitable results of their own policies and the laws that they voted for.  Apparently Republicans understand that if they stood by the results of their policies, the American people would run them and their gerrymandered obstructionist hypocrisy out of town on a rail.”

Patriotic Millionaire Emanuel Stern (NY) says: “For the good of the country, politics and partisanship must be put aside and our national interest set first. Any rational person would understand that both cuts and revenues are needed to achieve fiscal responsibility. It is time for cuts and they should be substantial. But they also must be accompanied by revenue. Loopholes must be closed. Please stop playing politics with our Country’s national interest.”…

The Patriotic Millionaires for Fiscal Strength was formed in Fall 2010 by some of the country’s most financially successful citizens who came together to urge the President to let the Bush tax cuts expire for people making more than $1 million per year. Now, Patriotic Millionaires for Fiscal Strength consists of more than 220 members, including:  more than a dozen current and former Google employees, actress Edie Falco of Showtime’s Nurse Jackie, the founder of Esprit, the founder of the Princeton Review, travel writer Rick Steves, the founder of Ask.com, legendary philanthropist Michael Steinhardt, famed economist Nouriel Roubini, financial guru Andrew Tobias, top executives from Warburg, Pincus, and other major financial firms, filmmaker Abigail Disney, and many others.

Here’s a list of the millionaires. By the way, these aren’t just folks who have a million dollars (which is what I thought “millionaire” meant). These are people who make a million or more a year.

Howie Rich complains about ‘hit piece’ on him in The State

A blog post at SC Schools Report brings my attention to a letter that Sen. Kevin Bryant received from his fan Howie Rich. Here it is:

Dear Kevin,

First of all congratulations on the “A+” ranking you received this month from the S.C. Club for Growth. I understand you’ve received the highest score in the SC Legislature eight years running – which is quite a feat. Given how many of our elected officials get away with paying lip service to freedom and free markets, it’s gratifying to see when a few of them actually walk the walk – as you have consistantly done.howard

I wanted to write because I’m sure you’ve seen the lates “hit piece” against me in the Columbia newspaper – which is (once again) ramping up its vendetta agains parental choice and those of us who support it. This liberal rag – which gives The New York Times a run for its left – leaning money – apparently believes that demonizing me (and the legal contributions I have made to candidates in South Carolina) passes for a legitimate argument against school choice.

Meanwhile the paper does everything within its power to prop up the grovernment-run school system in the Palmetto State – which as we know is falling further behind the rest of the nation (exacting larger and larger sums of money from the South Carolina taxpayers.)

Thankfully the ongoing proliferation of new (and social) media in South Carolina means we no longer have to coddle this status quo mouthpiece – and can take our case directly to the people. This is exactly what you are doing in your “Blog from the Back Bench,” and I commend you on those efforts.

Ideologically we both know how this debate will progress. Absent the infusion of market-based reforms South Carolina’s government-run monopoly will continue to fail generations of school children – while sticking taxpayers with an ever-escalating bill.

But what is the political future of this debate? On that front I want to make something perfectly clear: Every time I read one of these hit pieces, my commitment to the fundamental reforms we are advancing is redoubled. What we are witnessing in South Carolina right now are the last gasps of a dying status quo – entrenched politicians (and their legacy media supporters) whose only remaining excuse for the poor performance of their government -run system is that parental choice has become a “distraction.” Clearly their House of Cards is close to toppling.

2016 will not be a repeat of 2012 – in which incumbent-created protections denied challengers a chance to compete in an honest primary. Mark my words: Those currently running victory laps around the South Carolina State House after giving up more than a third of the vote to “petition candidates” will be held accountable for their votes in a true GOP primary three years from now. And from what I am told, there will be an even broader coalition of pro-taxpayer, pro-free market interests aligned against them.

It comes down to this: The Republican-controlled Senate will either pass school choice this year or it wont. If it does, South Carolina’s children, parents and taxpayers will be better for it. If it does not, then school choice advocates will focus every bit of energy they have on the 2016 primaries.

On this we have learned over the years is that choice – in addition to being effective everywhere it has been implemented – is a rising tide both politically and legislatively. When we started this fight we were nowhere in the S.C. General Assembly – now the S.C House has passed choice legislation and we were one rigged primary election away from getting it through the Senate.

One way or the other choice is coming. It is only a matter of resources, planning and patience – and I can ssure you we are blessed with an abundance of all three.

Thank you for your leadership on this issue. I look forward to seeing you again soon.
Take care,
howie

Howard Rich

Gosh, I had no idea Mr. Rich was even aware of The State’s existence, much less that he was so bugged by what it said about him. Oddly, the “hit piece” to which he refers is a fairly straightforward, news story that tells readers about his ongoing contributions to SC lawmakers. It’s also a pretty old story — I don’t know the date of his letter to Sen. Bryant.

By the way, I join “Howie” in complimenting Sen. Bryant on his blog. He was the first blogger in the Legislature, and still maintains it pretty religiously. It’s a good thing that we can keep tabs on what he’s doing and thinking.

Everything that is wrong with our politics, in state & nation

Haley Palin

OK, so maybe it’s not everything — there’s personal pettiness, and anti-intellectualism, and an appalling willingness on the parts of too many to stoop to the lowest common public impulses for advantage — but it’s something that runs through it all, and ruins everything it touches. And besides, those things are more or less related to this thing.

It was on display in this story today about the campaign “warchest” — oh, let’s not forget that another thing that is wrong with our politics is that we pretend that it is war, with all that attendant “fighting for you” trash — that Nikki Haley has assembled for an as-yet-undeclared re-election campaign.

I’m not talking about Nikki Haley in particular here. I’m talking about something that is all too much a part of modern politics, and she just provides us with a good example, because she’s a particularly avid practitioner of what I’m talking about. The relevant passage:

Haley had six fundraisers last quarter, half of them out of state, in California, New York and Florida.

Donations from S.C.-based businesses and residents accounted for less than 60 percent of the total she raised during the quarter. Florida donations were next at 10 percent, followed by New Yorkers at nearly 6 percent.

Californians’ 51 donations ranked second in number behind the 418 reported from South Carolina, but their combined $21,000 ranked fifth in total amount, at 4 percent.

“It’s a strong showing,” Pearson said. “It shows that people in and outside the state want her to be re-elected gov

Haley had six fundraisers last quarter, half of them out of state, in California, New York and Florida.

Donations from S.C.-based businesses and residents accounted for less than 60 percent of the total she raised during the quarter. Florida donations were next at 10 percent, followed by New Yorkers at nearly 6 percent.

Californians’ 51 donations ranked second in number behind the 418 reported from South Carolina, but their combined $21,000 ranked fifth in total amount, at 4 percent.

“It’s a strong showing,” Pearson said. “It shows that people in and outside the state want her to be re-elected governor if she runs.”

And no, I’m not saying it’s awful that she goes after money where she can get it, or anything like that. The thing that I am saying is a problem is the fact that it is possible for a governor, any governor, to go outside his or her state to raise campaign money. It’s the fact that those outsiders will give, when asked the right way, that is the problem of which I speak.

Reading that story, I tried putting myself in Nikki Haley’s place. I tried imagining that I was running for governor, and I was on a fund-raising trip to New York or Florida or California or wherever, and I was standing in front of a well-heeled group of people with checkbooks in their pockets, and I thought:

What on Earth would I say to those people to get them to give money to me for my campaign for governor of South Carolina?

And I couldn’t think of a thing. I mean, I think about the reasons I would run for governor if I did, and they are many. I refer you to my last column at the paper for just a tiny few of those reasons. But not one of the reasons that could ever conceivably motivate me to run could ever possibly motivate someone who does not live in South Carolina and has no stake in South Carolina to give me money.

I would have nothing to say to them. Nothing that would be relevant to them, in any case.

But Nikki Haley, and other politicians who do what she does, have no problem in that regard. That’s because pretty much everything they say, and think, as political creatures is cookie-cutter stuff, the kind of stuff the national talking heads constantly spew out of the Beltway via 24/7 TV “news.” You can’t tell one from another.

That’s why it’s so easy and comfortable for someone like Sarah Palin to campaign alongside Nikki Haley, which they did with such aplomb and comfort in one another’s company during our governor’s first campaign. That’s because, even though they are from very different states with different issues and different needs, they think the same thoughts and say the same things. Henry Ford’s methods of mass production have been applied to politics, so that parts are interchangeable.

This is made possible by the fact that all these folks talk about is ideology — pure, simple, lowest-common-denominator ideology, unsullied by the specifics of reality, which is understood everywhere because of modern communications.

Their words and their thoughts have nothing to do with the messy, organic, ad hoc, practical, idiosyncratic business of governing — which to an honest person who engages it with an open and critical mind practically never meshes with the neat constructs of ideology.

And that’s what’s wrong. That’s what that story made me think about.

Here we go over the cliff, y’all!

This just came over the wire a few minutes ago:

WASHINGTON (AP) – The House will miss the midnight Monday deadline lawmakers set for voting to avoid the “fiscal cliff.”

House Republicans notified lawmakers that the chamber will vote Monday evening on other bills. They say that will be their only votes of the day.

President Barack Obama and Senate Republican leader Mitch McConnell said Monday they are near a deal to avoid wide-ranging tax increases and spending cuts – the fiscal cliff – that take effect with the new year.

Both men said they were still bargaining over whether – and how – to avoid $109 billion in cuts to defense and domestic programs that take effect on Wednesday…

OK, so there could still be a deal by Wednesday. And truth be told, the “cliff” is more like a steep incline, with various painful measures being enacted as we move into the new year. There is time, even after tonight, to undo much that the cliff entails.

But still. They’ve known this was coming a year and several months. Pretty much everyone wanted to avoid it. But Washington is so pathetic, they couldn’t get it done.

These are the times we live in.

First the DOR breach, now this

My friend Paula Harper Bethea, who runs the state lottery, disclosed the following today to WLTX, which is billing this story as an exclusive:

Columbia, SC (WLTX) — News19 has learned SLED is investigating funds taken from at least one South Carolina Education Lottery account.

SCEL’s executive director Paula Harper Bethea, tells News19 that accounting discrepancies have been found and an investigation is underway.

Sources tell News19 the dollar amount is six figures. We’re told that the money has since been returned, but charges are still likely to be filed.

Bethea stressed to News19 that this involved the finance side of the lottery and that “at no time was the integrity or the security of the central gaming system or any of our games affected.”

SLED would only confirm that an investigation into the accounting discrepancies is underway and would not release any other information.

First somebody gets into our private data at DOR, now somebody (else?) gets into the lottery till. What next?

Where Howie Rich et al. are spending these days

Phil Noble’s New Democrats have released a list of those receiving money from Howard Rich and allies (I’m not sure how the allies are defined), in the continuing quest to purchase privatization of education in South Carolina. First, an excerpt from the commentary:

After the Civil War, South Carolina was invaded by Northern carpetbaggers and their local scalawag allies who abused our state and exploited our people.

Howard Rich

They are back – this time Howard Rich is the carpetbagger and there are 25 legislators and candidates, as well as party and legislative organizations, who have joined him to exploit our children with their so-called school voucher social experiment scheme.

We are here today to name these 25 candidates and party organizations that have taken over $333,000 in funds from Rich and his out of state cronies to make our state’s children lab rats in his radical school voucher experiment.

In 2011-12, Rich and his cronies have contributed $325,640 to Republicans and $8,000 to Democrats. They should all be ashamed of what they have done and they should give the money back…

And now the list:

Contributions by Howard Rich and Cronies

Below is a list of the total contributions to South Carolina candidates made by Howard Rich and his cronies in 2011-12. Source: FollowTheMoney.org and the SC Ethics Commission. See itemized list of contributions here.

TOTAL: $333,640
Republicans: $325,640
Democrats: $8000

SC HOUSE
Total: $37,500

Barfield, Liston D (R, 58) $3000
Bowen, Don C (R, 08) $3000
Chumley, Bill (R, 35) $15,000
Crawford, Kris (R, 63) $500
Erickson, Shannon (R, 124) $500
Gambrell, Michael W (R, 07) $500
Hardwick, Nelson (R, 106) $2000
Herbkersman, Bill (R, 118) $1000
Putnam, Joshua (R, 10) $11,000
Smith, Garry R (R, 27) $1000

SC SENATE
Total: $109,000

Bright, Lee (R, 12) $17,000
Bryant, Kevin L (R, 03) $8000
Campsen, Chip (R, 43) $1000
Corbin, Tom (R, 05) $8000
Davis, Tom (R, 46) $1000
Fair, Mike (R, 06) $18,000
Ford, Robert (D, 42) $6000
Grooms, Larry (R, 37) $5000
Massey, Shane (R, 25) $3000
Peeler, Harvey (R, 14) $3000
Rose, Mike (R, 38) $18,000
Thomas, David (R, 08) $18,000
Thurmond, Paul(R, 41) $3000

LEGISLATIVE CAUCUSES
Total: $105,000

House Democratic Caucus Committee $2000
House Republican Caucus Committee $3000
Senate Republican Caucus Committee $100,000

STATEWIDE
Total: $38,500

Loftis, Curtis (R, Treasurer) $31,500
Wilson, Alan (R, AG) $7000

PARTIES
Total: $43,640

South Carolina Republican Party $43,640

The SC Dems site notes that Logan Smith has more over at his blog.

Scott thinks F-35 pretty cool after ‘flying’ it

Remember that previous post about the dog-and-pony show up in North Carolina, the one that was to allow reporters to check out an F-35 simulator?

Well, Lockheed had another one on USS Yorktown in Charleston, and they managed to wow Rep. Tim Scott:

U.S. REP. TIM SCOTT FLIES F-35 COCKPIT DEMONSTRATOR DURING USS YORKTOWN VISIT

F-35 will serve as a cornerstone of global security and create South Carolina jobs

CHARLESTON, S.C., October 18 – U.S. Rep. Tim Scott, (R-S.C.), today joined local elected officials and community leaders on the USS Yorktown at Patriots Point Naval and Maritime Museum to receive an update on the Lockheed Martin [NYSE: LMT] F-35 Lightning II program and hear about its contribution to South Carolina, national security, and the U.S. economy.

During his visit, Scott “flew” the F-35 cockpit demonstrator to experience firsthand how advanced stealth, fighter agility and integrated information systems make the F-35 the most capable multi-role fighter in the world. The cockpit is visually and audibly interactive and provides a realistic look at the F- 35’s performance, air-to-air and air-to-ground capabilities, sophisticated sensor fusion and advanced computational capabilities.

“Coming from a military family, I understand and appreciate that American men and women serving in uniform deserve the best technology that this nation can provide. Those that threaten our country are evolving everyday, and it is essential we stay ahead of them.” Scott said. “There is no doubt the fifth generation, multi-role F-35 Lightning II’s ability to defeat sophisticated surface-to-air missiles and enemy fighters in the air and on the ground will allow us to do just that.

“Our military leadership associated with Beaufort Air Station, McEntire Joint National Guard Base, and Shaw Air Force Base has told me clearly and convincingly that these capabilities are critical to defending our freedoms,” Scott added.

Lockheed officials noted that even at its current low rate of production, the F-35 program supports a broad industrial base of more than 1,300 suppliers in 45 states, contributing to more than 133,000 direct and indirect U.S. jobs and over $17.7 billion in direct and indirect annual economic impact. Those numbers are expected to grow as the program ramps up to full rate production over the next few years.

In South Carolina, the F-35 program generates nearly 123 jobs and more than $5 million annually in direct and indirect economic impact. Currently, there are four South Carolina companies supporting the program.

The F-35 is a supersonic multi-role fighter designed to replace a wide range of aging fighter and strike aircraft. Three variants derived from a common design will ensure the F-35 achieves its security mission while staying within strict affordability targets.

Lockheed Martin is developing the F-35 in conjunction with its principal partners, Northrop Grumman [NYSE: NOC] and BAE Systems, and Pratt & Whitney. Among the aircraft F-35 will replace are the A- 10, AV-8B Harrier, F-16, F/A-18, and the United Kingdom’s Harrier GR-7 and Sea Harrier.

Headquartered in Bethesda, Md., Lockheed Martin is a global security and aerospace company that employs about 123,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. The Corporation’s net sales for 2011 were $46.5 billion.

The USS Yorktown was commissioned on April 15, 1943, and was one of the preeminent aircraft carriers to serve in the Pacific theater of operations during World War II. In the 1950′s, Yorktown was modified with the addition of an angled deck to better operate jet aircraft. In 1958, the ship was designated an anti-submarine aircraft carrier, and served admirably during the Vietnam conflict. Yorktown was decommissioned in 1970 and placed in reserve. In 1975, the ship was towed from Bayonne, N.J. to Charleston to become the centerpiece of Patriots Point Naval and Maritime Museum.

###

Hey, if I’d had a chance to go try it out, I’d probably think it was pretty cool, too. At a projected $323 billion, this is “the Pentagon’s most expensive weapons program.” In a budget like that, they ought to be able to come up with something better than my old Microsoft Combat Flight Simulator.

SC Senate’s “first-ever serious (ethics) fine”

In her column Sunday, Cindi Scoppe reported on the SC Senate Ethics Committee’s second public reprimand (the one of Jake Knotts was the first), and “its first-ever serious fine:”

A forgiving law isn’t precisely the problem in the case of Sen. Kent Williams, but his public reprimand points to another significant shortcoming in our ethics and campaign finance law that isn’t getting much attention. Left uncorrected, it could greatly diminish the value of any new reporting requirements the Legislature passes, leaving them dependent on the honesty of the candidates filing the reports.

According to the Senate Ethics Committee, Mr. Williams accepted 15 contributions in excess of the legal maximum of $1,000 for this year’s election. It ordered him to return the extra $12,801 and pay a $5,390.05 fine. The Marion County Democrat, who is running unopposed for his third term, did not contest the charges.

Ten of the illegal contributions were straightforward violations that anyone who looked closely at his campaign reports would have noticed, and probably the result of bad record keeping. But in five cases, Mr. Williams reported that he received two $1,000 checks on the same day from the same donors — one for the 2012 race and one to pay down a 2008 campaign debt — but used all the money for his 2012 campaign. The panel called these “deliberate attempts to mislead the public,” noting that to anyone looking at those reports, “it appears” that the donations were legal.

It’s Mr. Williams’ apparent compliance with the law that makes this case so worrisome. The Ethics Committee discovered the ruse because its attorney noticed that the senator wasn’t reporting enough outstanding debt to justify the repayments; he asked for bank records, which showed the payments hadn’t been made.

It was similar serendipity that led to the reprimand against Mr. Knotts for accepting illegally large donations, misreporting the identities of some donors and not reporting others, and not reporting some expenditures. In that case, it was what appeared to be, but wasn’t, excessive interest income that raised the attorney’s suspicions, leading him to ask for the bank records that revealed unrelated violations…

Cindi suggests random audits to overcome the weakness that the Williams case exposed — that weakness being the assumption that what is put on disclosures is accurate.

Hey, tell me about it…

This parlous news comes over the transom from The Washington Post:

Google and a handful of other tech firms are acting as advertising middlemen for the presidential campaigns, taking a huge cut of the revenue from online ads.

These firms have given the campaigns greater precision in targeting voters, but the process is starving politically oriented media sites in what once was their most lucrative season.

If this were a just world, that revenue would be going to, you know, political blogs and other worthy venues.

A creative way to punch a $168 million hole in the ground

Well, my heart beat a bit faster when I saw this headline on an email:

MEDIA ADVISORY – LOCKHEED MARTIN TO DEMONSTRATE F-35 LIGHTNING II CAPABILITIES AT THE CAROLINAS AVIATION MUSEUM; REPORTERS INVITED TO ‘FLY’ THE F-35

… even though I saw the quote marks around “FLY.”

Sure enough, the release says:

Still. I bet that’s a pretty awesome simulator. Way better than my old copy of Microsoft Combat Flight Simulator that I can’t even get to run on Windows 7.

I have to smile, though, at the come-on, given that there will never come a time, in the history of this planet, when anyone would be insane enough to let a reporter — even one who had once been a jet pilot — actually fly an F-35.

If they did, that would be one quick, albeit creative, way of making a $168 million smoking hole in the ground.

I base that on Wikipedia’s estimate of the per-unit cost of the airplane over the life of the program — which it calls “the most expensive defense program ever.” Which is really saying something.

I don’t know about you, but as my Wichita colleague Dennis Boone used to say of such sums, that’s more than I make in a year.

Guess what? Todd Akin could get elected (and SC’s Donehue Direct is playing a role in that)

Slatest devoted plenty of virtual ink this morning to indications that the-late-and-unlamented Todd Akin campaign is alive again (cue the “Young Frankenstein” clip”):

FOR REAL THIS TIME: After COB today, Todd Akin’s name is more or less set in stone on the Missouri ballot and will remain there even in the event of his death. But what only a month ago appeared to turn into an unwinnable Senate race for Republicans, now looks likely to go down to the wire.

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THE NUMBERS: The latest polling from the Show Me State is about two weeks old, so there is no clear picture of the state of the race. But the last two major surveys (taken the last week of August and the second week of September, respectively) show Democratic Sen. Claire McCaskill with less-than-comfortable leads of 1 percent and 6 percent respectively.

AND THAT WAS BEFORE: A handful of GOP heavyweights jumped back aboard the Akin train. Mike Huckabee is sticking with Akin. Phyllis Schlafly is doing a bus tour for him. The Senate Conservatives Fund, headed by Sen. Jim DeMint, is seeking support from its donors to help Akin. And yesterday, Newt Gingrich went to Missouri to headline a fund-raiser for him. ”What’s the moral case for not backing the Republican nominee picked by the people of Missouri?” Gingrich said at the $500-a-plate event…

Now, I’ll add something to that. As you read here earlier, Wesley Donehue was brought on After the Fall to raise money for Akin, a fact that Wesley’s been touting in promotional materials for Donehue Direct (see the image below from an eblast).

I checked this morning, and he says the effort has raised $700,000 and counting.

Politically diverse crowd at Alan Wilson event

Catching up here…

Friday night, on my way home, I stopped by a fund-raiser for Attorney General Alan Wilson. The promotion for the event said that George Rogers would be there (with his Heisman Trophy, as it turned out), and Todd Ellis as well. I was curious to see what sort of crowd that would turn out.

The crowd wasn’t as big as I’d anticipated, but it was politically diverse, which would seem to indicate that the  AG is in a pretty strong position halfway through his term.

I saw plenty of usual suspects, but then a few less-likely attendees as well. A partial list of folks I saw and/or spoke with:

Notice how I sort of kept Cameron and James — particularly James — until the end there, to keep you hanging…

At one point when I was talking to someone else, Todd Ellis came up and introduced himself, and I introduced myself, and he remarked that it had been a long time. Indeed it had. I don’t think I’d met him before, although I could be wrong…

It was too loose; now it’s too tight

This morning, we closed on a mortgage refinance, which we did partly because of the lower rates, but mainly to consolidate the initial mortgage and a credit line that we opened a number of years back to do some work on our house (hardwood floors, new HVAC, other stuff).

Anyway, the attorney helping us does this sort of thing all the time. (Over the years, we’ve been through this process with him — closing on a house or refinancing — at least three times.) My wife asked whether he’s keeping busy with these low rates.

Not really, he said. Oh, the demand is way up, all right. The thing is, though, about half of the loans aren’t getting approved.

Before, credit was too loose, which got us into trouble. Now, it’s too tight, which makes it harder to get out of the trouble. He said there are those who hoped real estate would lead us out of these hard times. But not at this rate, he suggested.

Just a little glimpse at the economy from a window other than my own, which I thought I’d pass on.

By the way, we had no trouble getting our refinance, through Palmetto Citizens Federal Credit Union. See the ad at right.

Product placement, baby.

‘If you support Chick-fil-A and free enterprise, give money to Joe.’ Say WHAT?

If you want to know why both sides keep the Culture fires stoked, Joe Wilson makes it clear in this release:

Liberals want to control private industry. Let’s take only the most recent events that have occurred as examples.

First, yesterday was Chick-fil-A Appreciation Day.  Why?  Because liberals are attacking a private company for using its funds to support the traditional family.

Millions of Americans believe in the traditional family, but Americans also believe in free speech. Chick-fil-A can and should be able to support Christian organizations if it chooses, but liberals won’t be happy until all American businesses toe their liberal line.

Then, we have President Obama telling American business owners that they didn’t build their businesses.  Why? Because he wants to tax businesses even more than current tax rates to supply his overspending.

Businesses and all Americans benefit from infrastructure and education.  But education and infrastructure do not exist without the taxes from our businesses and our citizens either. Instead of tearing down the ideals of the free market, we should be encouraging entrepreneurs and other business owners to hire, grow, expand, and innovate. Because when businesses grow, our roads, our bridges, our students, and all Americans benefit.

So what are liberals telling us?  Don’t stand up for what you believe in.  Don’t try to take credit for your hard work.  That’s apparently the American value system that liberals want, but I reject.

If you reject it too, click here to stand with me against liberals’ disappointing agenda and donate $10, $25 or $50 now.

Sincerely,

Joe Wilson

P.S. We must fight for our businesses and our values.Donate $25 now to the campaign because I will continue to stand for jobs and freedom.

It’s all about separating you from your money. It’s difficult for me to believe that anyone in this universe is foolish enough to think that the way to show support for Chick-fil-A is to send money to Joe Wilson, but apparently this sort of thing works, because both sides keep doing it.

Show the man we’re serious, little guy!

"And there are no penalties for paying it off early, right?

I had an appointment this morning with a man at Palmetto Citizens to talk about refinancing the house, seeing as how interest rates are about half what we’ve been paying. (There’s no time like the present, folks — see the ad at right.)

So my wife walked me through all the documents she had gathered in preparation, and I nodded, and eventually said, slightly hyperbolically, “You realize I don’t understand any of this,” and she said she knew — but she had to be at my son’s house this morning taking care of our grandson.

In the end, she decided to bring him to the meeting. I could have handled it, you understand. I understood the broad concepts, and knew that we were shooting for a number that would enable us to wrap together the basic mortgage and our home equity loan into one payment that was sufficiently lower than our total now that we can still pay it off, via overpayments, in five more years — which is when we’d be done with our current 15-year mortgage. I had, after all, suggested we do this. Actually, I meant that I wanted her to do it, but you know what I mean.

I had the bundles of documents, and the numbers written out in front of me, and was all set. Except that she and I both felt better with her there, and doing  the talking, while I rocked my grandson’s carryall back and forth, and jiggled my keys in front of him.

But I tried to act like I was following the proceedings, with a fixed look of concentration on my face — just like our little guy in this picture taken during the meeting. We were a team, and together we got through it, and it’s looking good…

How do YOU define “middle class”?

Today, I went over to AARP’s local office to participate in a discussion about the future of the Social Security system. More about that later.

I just wanted to focus on one thing we didn’t really talk about.

Before our local group started interacting, we watched a video feed being broadcast to groups like ours at AARP affiliates across the country, which featured two experts who pretty much represented the expected “liberal” and “conservative” sides of the issue. They fielded questions from groups like our across the country.

At one point, they were asked to give their definition of “middle class.” Neither of them did, in simple terms, although both were eager to assert that their respective plans would benefit said class.

I don’t blame them. Middle class is a state of mind to a great extent, and as one of the experts noted, it’s hard to find any American who does not think he is middle class, however low or high his income. And of course, assets other than income play into any assessment of economic class.

But… in order to kick off a discussion, I’m just going to pick a couple of numbers and throw them out, and let y’all tell me how wrong I am and why.

I hereby proclaim that one is “middle class” if one’s household income is between:

$50,000

and

$150,000

I’m sure lots of people who make less than 50k will assert they are card-carrying members of the gray hordes of suburbia, but we have to make room for the underclass and working class somewhere, and I’m just going to say that working class ends and middle class starts at 50k. Perhaps higher. And with today’s prices, that pretty much means you are just hanging on to your bourgeois status by your fingernails.

Plenty of arguments could be offered for raising the upper limit as well. For instance, is a person who makes 100k still middle class? I’d say yes. So if a couple each make 100k, would they not be a middle-class couple making a household income of 200k? Sure, you could say that, but for the purposes of this discussion, you have to draw the line somewhere, and I’m drawing it at 150k.

Does that mean I think you’re “rich” if you make more than that? No. I think there’s a broad territory between middle class and “rich.” A place where people are comfortable, but they’d better not kick back, or they could still lose it all.

Of course, all of this is fuzzy. You could have $50 million in assets, but just be making $100k — or even $10k, or not a thin dime– in additional wealth per year, and you’d still be rich.

But given the obvious shortcomings of any definition of class based purely on income, what do you think?

Just once, it would be nice to be able to respect one of this governor’s vetoes

2008 file photo

Cases could probably be made for some of Nikki Haley’s vetoes, but she doesn’t offer them. With each news story I read about yet another veto, I wait for her argument — and it never comes.

For instance, here’s what was offered instead of an actual reason for vetoing the Governor’s Schools:

“All of these are good things, but if we’re going to lead and take South Carolina to a new place, we’ve got to take the emotion out of it,” she said Thursday. “How can we handle these things smarter? To do that sometimes hurts, and to do that sometimes means we wait but we make good decisions in the end.”

You almost get the feeling that she pulled those words out of a dictionary at random. Take emotion out of it? What emotion? “Handle these things smarter?” OK, in what way? Just give us one of your smarter ideas. That would be helpful. Give us just one example of what a “good decision” might look like, by your lights. If you can.

But it increasingly appears that she can’t. These vetoes aren’t intended for analysis; they’re intended to appeal to gut impulses within her base. She vetoes the Arts Commission because it’s the closest she can get to slapping at the National Endowment for the Arts, which Robert Mapplethorpe put on the map as a favorite whipping boy of the right. (Yes, I know that doesn’t make sense, but with the Snake Flag crowd, things don’t have to make logical sense.)

She vetoes the Governor’s Schools because, I don’t know: Maybe some of those kids will grow up to be supporters of the Arts Commission. Maybe she figures none of her most ardent supporters have kids who go to the Governor’s Schools. Maybe she’s right.

(Disclosure: Two of my children attended the governor’s schools — one the one for science and math, the other the one for arts and humanities — but neither chose to stay there until graduation.)

I’d feel better about it if she would explain precisely what she wanted to do with the money instead, and why. I might argue with it, but I could respect her more.

As it is, I’m just sick and tired of hearing about her little gestures of pointless destruction. I’ve never been a fan of nihilism.