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South Carolina has $1.8 billion but doesn't know where the money came from or where it should go
Yahoo.com ^
| March 26, 2024
| Jeffrey Collins
Posted on 03/28/2024 5:03:55 PM PDT by Twotone
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1
posted on
03/28/2024 5:03:55 PM PDT
by
Twotone
To: Twotone
The smartest thing to do, if it turns out to have excess cash, is dump $1.8 billion in debt.
2
posted on
03/28/2024 5:05:14 PM PDT
by
Jonty30
(A rich man is called a sugar daddy. A poor man is called into HR.)
To: Twotone
Smell like a slush fund they lost track of.
3
posted on
03/28/2024 5:06:17 PM PDT
by
E. Pluribus Unum
(The worst thing about censorship is █████ ██ ████ ████s████ █ ███████ ████. FJB.)
To: E. Pluribus Unum
4
posted on
03/28/2024 5:07:03 PM PDT
by
E. Pluribus Unum
(The worst thing about censorship is █████ ██ ████ ████ ████ █ ███████ ████. FJB.)
To: Twotone
from where? Two words: Hun Ter
5
posted on
03/28/2024 5:07:13 PM PDT
by
llevrok
(“In a time of deceit telling, the truth is a revolutionary act.” ― George Orwell)
To: Twotone
6
posted on
03/28/2024 5:09:31 PM PDT
by
mass55th
(“Courage is being scared to death, but saddling up anyway.” ― John Wayne)
To: Twotone
That’s a good problem to have.t
7
posted on
03/28/2024 5:11:57 PM PDT
by
Ge0ffrey
To: Twotone
"Me! Me! Me! I lost only a million of that 1.8 billion."
8
posted on
03/28/2024 5:13:57 PM PDT
by
ProtectOurFreedom
(“When exposing a crime is treated like a crime, you are being ruled by criminals” – Edward Snowden)
To: Twotone
I did some work for the state and forgot to cash the check.
9
posted on
03/28/2024 5:15:00 PM PDT
by
monkeyshine
(live and let live is dead)
To: Ge0ffrey
It might be good in the short term. But if their bookkeeping system is this bad, there’s likely a deficit somewhere else waiting to be found.
10
posted on
03/28/2024 5:16:32 PM PDT
by
Twotone
(We have to stop punishing ourselves for considering things that once seemed crazy. - B. Weinstein)
To: Twotone
Ok...ok...I’ll take it.
No need to thank me...
Least I can do...
11
posted on
03/28/2024 5:21:18 PM PDT
by
Adder
(End fascism...defeat all Democrats.)
To: Jonty30
If they found that in my state I’d be screaming for a tax rebate. A tax rebate for those who actually paid taxes, not more backdoor welfare for those who didn’t.
12
posted on
03/28/2024 5:21:44 PM PDT
by
hardspunned
(Former DC GOP globalist stooge)
To: Twotone
Give it back to taxpayers.
13
posted on
03/28/2024 5:21:59 PM PDT
by
Bonemaker
(invictus maneo)
To: Twotone
‘“It does not inspire confidence. But the good news is no money was lost,” Republican Gov. Henry McMaster said.’
Sorry but how does he know that? The finances are so messed up, they have no idea where money is coming from or where money is going. $1.8 billion is not chump change.
14
posted on
03/28/2024 5:22:03 PM PDT
by
gunnut
To: hardspunned
I understand, but you are leaving the children the debt they did not accrue and that’s not fair. We should endeavor to not do that to our children. They didn’t benefit from our present day of spending.
I would support tax cuts as the debt and interest get reduced.
15
posted on
03/28/2024 5:24:37 PM PDT
by
Jonty30
(A rich man is called a sugar daddy. A poor man is called into HR.)
To: Twotone
My guess: It’s a bribe to be disbursed by the ‘rats to those who do as they’re told regarding how the ballots are handled in the coming election.
16
posted on
03/28/2024 5:28:34 PM PDT
by
fortes fortuna juvat
(Biden left our troops to die in Afghanistan and our military equipment to our enemy. Never forget.)
To: Jonty30
So, they’ll likely build two miles of light rail.
17
posted on
03/28/2024 5:41:39 PM PDT
by
gundog
( It was a bright cold day in April, and the clocks were striking thirteen. )
To: gundog
Yes. That would be the most thing to do in a politician’s mind that does not intend to return the money to the tax payers.
18
posted on
03/28/2024 5:43:42 PM PDT
by
Jonty30
(A rich man is called a sugar daddy. A poor man is called into HR.)
To: Twotone
As it was said in office space(paraphrased) “i screwed upwith the decimal point.” Any one need a red stapler?
19
posted on
03/28/2024 5:48:50 PM PDT
by
Liaison
(TANSTAAFL)
To: Twotone
Apparently, when the state switched computer systems in 2010, no one checked to make sure all state banking accounts “came over” to the new system. No one noticed. It seems that there would have been someone’s job to notice. That in itself is concerning. In 2010 the state was probably still getting written statements each month. However, even if not, it should have been someone’s job to download monthly statements for each state account and have the department in charge of those funds reconcile those with their records. That such a thing wasn’t done sounds suspicious to me.
20
posted on
03/28/2024 5:50:32 PM PDT
by
CFW
(I will not comply!)
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