MORE S.C. TAX MONEY IS “GONE BABY, GONE”
One of the greatest scams in South Carolina history stems the unfounded belief that the Palmetto State’s institutions of higher learning ought to be playing a lead role in “economic development.”
They shouldn’t … as the spectacularly failed Innovista (a.k.a. “Inept-O-Vista”) boondoggle demonstrates.
The brainchild of S.C. House Speaker Bobby Harrell and University of [...]
WTF, Inept-O-Vista?
Frustrated Reformer Steps Down
William H. Masters, who was appointed by former S.C. Gov. Mark Sanford to try and reform the S.C. Research Authority, has decided to resign from the board of this sketchy public-private entity.
Masters submitted his letter of resignation to S.C. Gov. Nikki Haley on February 1 – making good on a promise that he made two [...]
The “Higher Educrats” New Home
The “higher educrats” seeking control of South Carolina’s economic development efforts secretly unveiled their latest multi-million dollar monument to taxpayer-funded ineptitude earlier this week – a 78,000-square foot, state-of-the-art “Innovation Center” in the heart of one of the state’s most expensive business districts.
Part of S.C. House Speaker Bobby Harrell’s elaborate “pyramid scheme” to funnel hundreds [...]
Exclusive: SC Scamming Small Businesses
Millions of dollars worth of corporate tax credits intended for South Carolina entrepreneurs and small businesses have been diverted instead to the state’s research universities, according to e-mails and documents obtained by FITSNews.
In the latest example of government needs trumping those of legitimate businesses, the South Carolina Research Authority (SCRA) – which as you may [...]
