Take a freakin’ stand!!

No wonder there are so many mealy-mouthed RINOs in this state. Some of us (those that AREN’T in public practice but can read balance sheets) know exactly why this country is bankrupt. You call some libertatian for pointing this out – in normal times these would be called republicans.

Better to have my feet itch (damn it feels so good to itch them) than the itching burning sensation that eminates from your ass. Try some preparation h medicated pads – and while you’re at it – slap a couple suppositories between your cheek and gums to relieve that which spews from your other orifice:

http://www.drugstore.com/products/prod.asp?pid=10415&catid=59951&aid=335944&aparam=preparation_h_hemorrhoid&CAID=cb692ff8-1fa2-4493-a040-ca588ac8a1ac

And let your significant other know about it.

Get yourself the hospital balance sheets and statement of changes in fund balances/financial position and follow the money. I’m thinking the $185,316,000 in cash at Greenville Hospital and a current ratio over 3:1 is sufficient. Of course, these are the amounts on the balance sheet that Greenvile chooses to put on its web site:

http://www.ghs.org/uploadedFiles/GHSorg/About_Us/GHS%20Annual%20Report.pdf

Mr cpa – how about if you go on a hunt for where some more their CASH is stashed?

Oh, and the part where you were blowing out your ass the fluff about the boards of directors being elected, NOT EVEN CLOSE:

http://www.ghs.org/content.aspx?id=36

I think it’s obvious who the one is that is bitching and moaning about something they know nothing about.

And BIN, you ignorant slut, do us all a favor, take a stand – one way or the other and see if you view can stand the light of day, rather than bitching and moaning about someone that DOES know something.

I know that the two of you know more than any cpa in south carolina and are experts on all finanical matters. I guess you know that cash reserves, fund balances and reserve funds are not, I repeat, are not the same thing and are not what you think they are. A fund balance is defined as the difference between an entity’s assets and liabilities (assets-liabilities=fund balance).

I do not know how much cash any of the hospitals you reference have but I hope they have at least two months payables and two months payroll. If not, they are in serious trouble. If you need their services when they are short on funds you may die!

Also, Greenville, Lexington and MUSC all have trustess or board members that are either elected or appointed by their respective county councils or in the case of MUSC elected by the legislature or appopinted by Mark Sanford. Do not know about Spartanburg but they may be the same way.

All of these hospitals and I will also say school districts have outside requirements on the amount of cash they have to maintain if they have issued bonds for building projects. If they do not maintain these higher than required cash balances, all of us taxpayers will end up paying more in taxes because the interest rates set on these bonds that we taxpayers pay are much higher. But I guess you know that also.

I am going to guess that Fits will get his numbers and all of you will bitch and moan about something you know nothing about. There will be a lot of posting and everyone will accept without question what is said here and Fits will claim once again that he has exposed some type of wrong doing and once again, those with even a basic level of knowledge about the subject will know that Fits has blown it again.

Post what you want about me or what I said because I am not going to read this trash again. In fact, I do not think Fits will even allow this to be posted.

If school districts practice good financial management, follow the law and put a responsible fund balance in place, then sic(k) willie will claim that they are fat cats wasting tax money.

If school districts do not build a responsible fund balance as allowed by law, then sic(k) willie will claim they are fat cats wasting tax money.

Regardless of what responsible administrators do, sic(k) willie and Howie’s other carpet-buggers are going to try to paint them as “educrats.”

You know the childish word: “educrat.” It’s what carpet-buggers write when they do not have anything intelligent to say.

That’s why we see it, frequently. Particularly here on this porn site.

BIN News Editorial Staff
Flair and Balanced

Wouldn’t it have been nice if the State of South Carolina hadn’t squandered YEAR AFTER YEAR of increasing tax revenues and built up some healthy reserves?

Wouldn’t it be nice if the Federal government had built up a healthy reserve in its Social Security and Medicare trust funds?

Ooooops – all the freakin’ money is gone. Amerika is BANKRUPT.

And we keep re-electing incumbent after incumbent. Go figure.

Many of these hospitals (not-for-profit by the way) are quasi governmental institutions: Greenville Hospital System, Spartanburg Regional, Lexington Medical Center, MUSC, etc., etc.,. with no elected accountability, and no accountability from the South Carolina attorney general.