National Politics - 2016

SC Treasurer Bashes Chris Christie

CURTIS LOFTIS UNLOADS ON GARDEN STATE GOVERNOR OVER CORRUPT PENSION DEAL INVOLVING CHRISTIE’S WIFE By FITSNEWS || If New Jersey governor Chris Christie campaigns for the presidency in early voting South Carolina, he probably shouldn’t expect a warm reception from S.C. Treasurer Curtis Loftis. Loftis – a favorite of Tea Party and…


By FITSNEWS || If New Jersey governor Chris Christie campaigns for the presidency in early voting South Carolina, he probably shouldn’t expect a warm reception from S.C. Treasurer Curtis Loftis.

Loftis – a favorite of Tea Party and establishment “Republicans” in the Palmetto State – ripped the rotund “Republican” in the wake of reports revealing that Christie’s wife was getting paid a $474,000 annual salary from an investment firm making bank off of the state’s pension fund.

A firm that was supposed to have been cut out of the pension fund loop years ago …

News of the controversial arrangement was first reported by International Business Times.

“The disclosure that New Jersey taxpayers have been paying substantial fees to a firm that employs the governor’s spouse — years after state officials said the investment was terminated — emerged in documents released by the Christie administration to International Business Times through a public records request,” the website reported.

In other words, it was a big secret until IBTimes  demanded the info …

Christie, his wife and executives at the firm all refused to comment on the report.

Who did comment?  A top New Jersey pension trustee, who referred to the revelations as “extremely problematic” and raising “some truly serious ethical red flags.”

We agree … this is more of the same self-serving behavior we’ve (sadly) come to expect from “Republican” and Democratic officials.

But it was Loftis’ remarks that caught our eye …

Curtis Loftis
Curtis Loftis

“When dealing with retiree money, the appearance of a conflict of interest is damning and must be avoided at all cost,” he told IBTimes. “If the state of New Jersey has a previous existing relationship with the fund, (Christie’s wife) needs to look for a job elsewhere.  The public employees of New Jersey shouldn’t have to worry about whether politically connected financial executives have an effect on their pensions.  They’ve worked too hard for those pensions.  They deserve these pensions without being concerned about political meddling.”

Loftis went on to say “Governor Christie was smart enough to get himself elected governor, and his wife was smart enough to get herself appointed to a significant job at a high performing fund on Wall Street. People that smart ought to know better than to put themselves in this kind of position.”

First, let’s asses Loftis’ comments from a credibility standpoint …

More than anyone else in state government, this is a guy who has stood up for the integrity of South Carolina’s pension fund – doing so against some pretty powerful enemies (who have done their level best to take him out).

In other words, if there is anyone we should listen to when it comes to issues like this – it’s Loftis.

Beyond that, though, this rebuke stings Christie politically because it’s coming from a top official in an early voting state.  In other words he’s making enemies where he needs to be making friends.

This website has repeatedly called out Christie as being nothing but a tool of the anti-free market, anti-liberty, pro-welfare/ warfare statist GOP establishment – and thus an unsuitable option for the presidency.

Like this guy …

He was never going to be our choice in the 2016 “First in the South” presidential primary, but it’s nice to see others taking note of his self-serving behavior and reaching the same conclusion.


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1689 December 18, 2014 at 9:29 am

We’ve got it, Mr. Loftis. You’ve conquered SC not it’s off to New Jersey!

FastEddy23 December 18, 2014 at 10:22 am

If Mr. Loftis offers to be umpire in the outta state poli-wog games, more the better.

JRB December 18, 2014 at 11:26 am

I think the Treasurer is going to take care of Christie before he gets here. It is clear Treasurer Loftis does not like big government, influence peddling pol’s like Chris Christie, and I am with him 100% on that score.

Jersey got the mafia December 19, 2014 at 1:47 am

Those Jersey guys might not play as nice as the southern guys loftis is accustomed to here in SC.

Flip Coscoe December 18, 2014 at 9:31 am

100% agreement with FITS about Obama-Christie.

Gastric Band December 18, 2014 at 10:12 am

Plus he’s fat. We haven’t had a fat President in a long time. Fat Presidents remind everyone that they are like pigs, and no one likes being ruled by a pig, even if the pig is skinny.

FastEddy23 December 18, 2014 at 10:19 am

Rereading “Animal Farm” are we?

Gastric Band December 18, 2014 at 10:22 am

It’s a timeless classic.

FastEddy23 December 18, 2014 at 12:28 pm Reply
shifty henry December 18, 2014 at 1:43 pm

Thanks for the link, and I will definitely watch it after the holidays. I admit (blushing) that I only have the excellent cartoon dvd. I don’t know right now who produced it.

FastEddy23 December 18, 2014 at 1:50 pm

“1984” … two movie versions but only one is at Netflix.

Gastric Band December 18, 2014 at 2:34 pm

My favorite 1984 fact is how the CIA bought rights to the movie so they could change the ending to something a bit more palpable to them and their bosses for mass consumption.

FastEddy23 December 19, 2014 at 11:44 am

Correct. … In the end, the movie did not get changed much from the book.

shifty henry December 18, 2014 at 10:36 am

Both the movie and the book are somewhere in my man-cave waiting for me to visit them again. The movie first and then the book. But I’m saving them for an evening when I can decompress and the world has lost track of me.

FastEddy23 December 18, 2014 at 12:34 pm

“… an evening when I can decompress …”

Me, I’m trying for a whole week, maybe two bottles worth.

FastEddy23 December 18, 2014 at 10:14 am

This is the way it’s done in the big cities up north of you all. And has been for more than a century and a half.

We will not hear a peep from the unions about this either unless a few wild-eyed members make a stink.

Teddy Roosevelt tried and failed to clear those decks of the scum and stink of political patronage … and Woodrow Wilson’s “progressive” Fascists co-opted his plans as their own with the covert understanding that only republicans would ever get caught at these push me/pull you payoff games.

The Feds will not tarnish That Fat Boy, unless he gets too close to the throne. New Jersey AG will probably not even make a snide statement. …

(I am heartened to see that these deeds are not over looked by at least a few in SC g’ment … I would bet that there is more to come. [thumbs up] ;-}

Kudos! December 18, 2014 at 10:22 am

The bridge gate thing is hanging over the Fat Man’s head like the Sword of Damocles.

Your point about the constant co-opting of platforms is well done. Every gov’t cheerleader, regardless of the “R” or “D” stripe, fails to account for the fact that their brilliant, idea/plan will never make it through the process without major changes….and hence become worse than if it had never been passed to start.

FastEddy23 December 18, 2014 at 12:32 pm

“… The bridge gate thing is hanging over the Fat Man’s head …”

Lame stream media have exposed this 15 minute sound bite. “… Move along, nothing here, move along, move along …”

Rick Shaftan December 18, 2014 at 10:39 am

Wait til the indictments come down. Wildstein is one of those OCD types who makes notes of everything and probably tapes all his calls. This is nothing compared to what will hit the fan early next year.

RogueElephant December 18, 2014 at 10:49 am

As usual Loftis is stating facts and looking out for the people of SC. Christe is just one of a long line of establishment “Republicans” that need to go around the bowl and down the hole. Having worked with his type several times down through the years, he would be my last choice.

Cash December 18, 2014 at 11:24 am

I don’t know where he gets the energy to fight these bums. But I hope Loftis keeps it up!

Sconset987 December 18, 2014 at 10:52 am

Loftis is a favorite of establishment “Republicans”. Are you kidding me? But, besides that little bit of doublespeak, Christie (whom I wouldn’t vote for on a bet) has got himself a new problem,

David December 18, 2014 at 11:18 am

Establishment Republicans do not like Loftis. He has cut off much of their “largess.”
Curtis is the only reform politician left in SC

Guest December 18, 2014 at 11:28 am

This is just more of the pot calling the kettle black. Loftis must think we Retirees are going to forget about the millions of Dollars of our money he steered to his fraternity brother.

CTiger December 18, 2014 at 11:32 am

Chris Christie represents the big dollars in government and Loftis represents the little dollars. Christie raises millions and loves the chase of big money, Loftis hates asking for money and funds most of his activity our of his own pocket. I am pleased Loftis is speaking up and hope people are listening because we don’t need more fat cats in office.

kyle December 18, 2014 at 11:34 am

Chris Christie is a big government, big spending liberal. He wont do well in SC, especially with Loftis after him.

vicupstate December 18, 2014 at 11:44 am

Hmmmm… then explain Lindsay Graham

speaking of L.G. he is running for POTUS, so the SC primary is now meaningless. Obviously, he will win the SC primary, so all the suspense/value is gone.

Pat December 18, 2014 at 12:02 pm

Lindsay is a native. Christie is a Yankee, therein lies the difference.

Saluda Rapids December 18, 2014 at 1:08 pm

True. Christie plays the true role of a Yankee male just as well as Lindsay portrays the typical Southern male.

Ellen December 18, 2014 at 12:09 pm

Loftis is on to something. The last thing we need is a big spending, morally flexible republican in the White House. Having them control BOTH houses of Congress is enough!!!

GrandTango December 18, 2014 at 12:49 pm

LOFTIS for President…He may be the only man in America…besides Scott Walker and Ben Carson, with the B@!!$ to slap the S#!t out of the liberals, and their FITS-sycophants in the Republican Party …and kick them in the n*t$ when they whine…

How much longer before ‘Pootlian and Sanford Sic Willy…on Curtis….they cannot have him getting much stronger…

Flip Coscoe December 18, 2014 at 3:02 pm

“Republicans, as a party are sick of losers and Americans are sick of failure and malaise.
The media, moderates, and liberals may celebrate as if Jeb Bush has already won, but don’t count on him to be around by Nov. 2016.
His zenith will have come, and burned out before the next presidential election. And any amount of money and establishment backing will not change that.
We are ailing as a nation, and using the same old remedies is not the answer.
Give us the right candidate, and we can begin to fix this broken country. But do not give us Bush, or any other moderate establishment candidate. He hasn’t a chance. ”

Some of your best work yet!!!

GrandTango December 18, 2014 at 3:49 pm

A kind thank you, first, for taking the time to read…and secondly, to comment so eloquently…(:

Flip Coscoe December 18, 2014 at 8:34 pm

Thank you sir. great work and you truly have a ‘soul’ I would wish to have.

USC 3 December 18, 2014 at 12:53 pm

I read the article twice and I agree that Chris Christie should know better. how can these guys think they can get away with this crap?

Saluda Rapids December 18, 2014 at 1:09 pm

Definitely. He should move to South Carolina, where no one will say a peep about his actions.

BK December 18, 2014 at 12:56 pm

You must be absolutely out of your minds, FITS. This is yet another paid-fluff advertisement. Loftis wants to avoid conflict of interest? How about croneyism of his own? He took millions from the state retirement fund and gave it to his buddy. Sadly, the only statewide elected official lately with any balls is Eckstrom, who was the only one to vote against bailing out SC State. As for Loftis, he voted FOR it.

Jamie December 19, 2014 at 9:21 pm

I looked at Loftis’s campaign disclosures and he has not paid Will any money. it is bad form to lie when the facts are easily disputed.

Nobody's fool December 19, 2014 at 10:52 pm

So just because it doesn’t show up on a campaign disclosure form means it isn’t happen? Please. All the “loans” Curtis makes to himself and then repays to himself are never explained in detail. He thinks he’s slick, but what he really is, is slimy.

State retiree December 18, 2014 at 12:57 pm

This is actually quite ironic. Curt cuts a fraternity brother in on $2,000,000 but has the gall and political stupidity of pointing his finger at someone else. The PEBA board and Art Bjontegard have a provision in their budjet to explore the Bank of NY settlement in which ANY state retiree knows that he/she were screwed. The original firm handling the suit were professional in these matters. Curts frat brother had no back ground but received about 4 times the amount received by Christie’s wife for doing nothing.

State Retiree Too December 18, 2014 at 1:12 pm

This is an absolute abortion of the truth. This is why Loftis must fight RSIC and PEBA…they simply encourage lies in order to maintain control over your $30 billion dollars. I know Curtis well, and he will never stop as long as RSIC and PEBA encourage these lies. Everyone had hoped Mike Hitchcock could stop these lies, but Hitchcock is evidently not up to the task.

State retiree December 18, 2014 at 1:33 pm

Proper grammar would be “also” not “too” you idiot. We’ll see what happens after Art and PEBA follow the money. As far as the RSIC is concerned; they have been investigated by several bodies including a forenic accounting firm after which they were apologized to publically by a special Senate Committee. All in public record and can be viewed online. By the way, they had nothing to do with the BONY settlement and in fact were told by Loftis that it was basically none of their business. Oddly enough, he was correct. He and his office had full responsibility.

S.R.T. December 18, 2014 at 10:49 pm

Another abortion of the truth. Mr. Loftis, you have your work cut out for you, stop these Investment Commission thieves!

Loftis is an embarrassment December 19, 2014 at 1:41 am

Loftis (notice I don’t even have enough respect for you to say Mr.), stop posting under all of these aliases. You must be mentally challenged if you think these readers can’t see clearly through you. An elected official posting on a site such as this is disgraceful. But then we wouldn’t expect anything more from you, loser. Stop embarrassing your family and our state.

Scott December 18, 2014 at 1:14 pm

Curtis Loftis is right on target. These greedy bastards at PEBA and RSIC want your money and they want it bad. They are just like Chris Christie. Keep it up Treasurer Loftis!

Buddy December 18, 2014 at 1:48 pm

No matter what article Loftis is mentioned in, these Investment Commission people attack him- even when it has nothing to do with the investment commission. Clearly, the Investment Commission has lots to hide and they identify with Chris Christie and his shenanigans. Crooks will always stick together.

Buddy is Curtis December 19, 2014 at 1:34 am

Oh lookie, lookie, buddy, oops! I mean curtis is back commenting under his multiple personalities’ names again. What a loser. Get a life, moron.

Gamecock2 December 18, 2014 at 1:42 pm

As long as Michael Hitchcock, Reynolds Williams and the gang are chasing Loftis, one knows that the investment commission crooks are still up to no good!

Gamecock2 December 18, 2014 at 1:44 pm

I remember Chris Christie when he was a federal district atty. The stench was awful, but nothing ever stuck to him. The same is happening to him as governor. It will be interesting to see what happens in this presidential race.

Penny December 18, 2014 at 1:49 pm

What did Christie’s wife do before she went to work for this investment firm?

Jack December 18, 2014 at 6:12 pm

Loftis’ gay background will stop him from running for another office.

mike December 18, 2014 at 6:36 pm

A truly disgusting a comment.

LOL December 19, 2014 at 1:49 am

Yet true

William December 18, 2014 at 6:38 pm

Christie is for a gas tax in New Jersey. Big spenders love big spending.

Cash December 18, 2014 at 6:40 pm

Keep up the good work Mr. Loftis. Political enemies are nasties when you are on target, and evidently you have hit them right between the eyes.

Fan o Paul December 18, 2014 at 6:42 pm

I can’t imagine Chris Christie doing well in SC. Loftis seems to be ensuring that, and that is good. We need a true conservative as President. Rand Paul comes to mind!

Bryan December 18, 2014 at 6:50 pm

Christie has to get Tea Party votes to win. There just are not enough “liberal Republicans” to win the GOP nomination. This aint a good start for Christie.

Matt December 18, 2014 at 8:18 pm

It must of been almost a month since the last FITS news “story” (aka paid advertisement) on tea party dope Loftis. Christie probably has no clue who Loftis is, nor should he care.

Guest December 18, 2014 at 9:53 pm

Loftis better hope Christie never finds out who he is, or where he lives. Those Jersey boys don’t play silly games. Come to think of it, I wonder if Christie knows Ed?

Don December 18, 2014 at 11:06 pm

Christie and Loftis are in a photo on Facebook. No sure of the relationship, but they do know each other.

Mic December 18, 2014 at 11:07 pm

These people think they can do anything and stay in power. Only the voters can change that. So let do.

I don't know him December 19, 2014 at 1:52 am

Who is Curtis loftis?

Matt December 19, 2014 at 9:19 pm

One of the most popular politicians in the state. Hated by crooked insiders and trusted by the voters. He speaks for us, not you crooks that have been robbing this state for decades!

Matt is curt, too. Dang! December 19, 2014 at 11:00 pm

Surely you jest, Matt, er, Curtis. Your day is coming. You can fool some of the people some of the time, and the rest of us will be laughing as it all goes down. Enjoy the ride while you can. When it all implodes, you and your little piggies will be exposed and your handful of blindsided followers will all eat crow.

HD December 19, 2014 at 8:11 am

Curtis Loftis is an idiot. If ever a third party agrees with anything he says about the Investment Commission, please do alert us. So far he’s a solid 0-4.

Guido Sarducci December 19, 2014 at 10:49 am

I wouldn’t be cracking too many jokes about Christie. He’s one tough hombre and iit’s not a good idea to cross him.

Tea Party Freddie December 19, 2014 at 9:12 pm

Keep fighting the good fight, Mr Loftis. The voters are with you and the crooked insiders are against you. Take the fight to the bastards and we will back you!

Kerry P December 19, 2014 at 9:23 pm

It always comes down to character. Loftis has it and he demands it from others. I am with him all the way in his effort to help select a President we can trust!

Curtis is a piece of $h!t December 28, 2014 at 7:52 pm

Why is no one investigating all the illegal money transfers taking place in the office of state treasurer? And why was there no conflict of interest when Curtis managed to get his personal attorney friend a couple million off of a state deal or when Curtis’ prior chief of staff was the father of Curtis’ business partner at home pest control? Or his new chief of staff just happens to be the daughter of long time family friends? Oh, because our “honest” state treasurer is exempt from what he calls others out on? Why has no one bothered to pull budget info from that office, especially payroll, and expose the truth about how he is “saving” taxpayer money. Oh what a tangled web we weave when first we practice to deceive. And what a deceitful little squat of a man he is.


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