Public Money, Corporate Welfare

August 29, 2012 11:54 AM0 comments
Public Money, Corporate Welfare

The revelations Monday of a tax fraud conviction and jail sentence for one of the company officials associated with the Myrtle Beach Regional Economic Development Corporation’s Project Blue leads to a conclusion of an apparent shocking lack of due diligence by a number of entities charged with fiscal responsibility for the expenditure of public money.

In many state and local jurisdictions throughout the U.S., conviction of a felony by a corporate officer, especially one associated with tax fraud, would automatically exempt a company from consideration for public money economic development incentives. Such does not appear to be the case in Horry County or South Carolina.

The EDC has put together a deal that would involve approximately $24 million in local and state incentives to Covation, a startup company with no demonstrated performance records.

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Governor Nikki Haley – Less Than Zero

August 28, 2012 11:37 AM0 comments
Governor Nikki Haley – Less Than Zero

A Special Report by Paul Gable and Jeffrey Sewell

“Teflon” Nikki Haley gets her hard-earned place on the national political stage tonight when she gives a major speech to the Republican National Convention.

Whatever Haley’s message, it must be looked at with a jaundiced eye. The saga of “Telfon Nikki” is and has been all about Nikki, image and personal gain trump substance and public service. This as she nears two years completed as South Carolina’s governor.

While she was elected as the Tea Party favorite and promised the most transparent administration in state history, her performance after assuming office has been the direct opposite.

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Colette Harrington Schworei and Lin Bennett, radio talk show hosts based in Charleston South Carolina. Cutting edge conservative commentary served up Southern style.

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