Showing posts with label South Carolina. Show all posts
Showing posts with label South Carolina. Show all posts

Wednesday, December 27, 2017

Now That Xmas Is Over - Mapping The US States With The Most People In Debt

With Americans left with only one option - indentured servitude - to maintain any semblance of normal quality of life - especially at Christmas - we thought it worthwhile considering which US States have the most people in debt.


Using data from anonymous consumer-level records from a major credit bureau, the Urban Institute was able to release figures on debt levels across America.


Statista"s Niall McCarthy points out that nationwide, 33 percent of people have debt that has gone into collections which means they have unpaid bills creditors have either closed or are trying to collect.


Infographic: The U.S. States With The Most People In Debt | Statista


You will find more statistics at Statista


Between states, the share of people in debt fluctuates considerably and the lowest levels were recorded in Minnesota (17 percent), South Dakota (18 percent) and North Dakota (19 percent).


Louisiana is at the opposite end of the scale with nearly half its residents in debt with collections. Last year, 46 percent of people living in Louisiana were in debt and the median amount owed was $1,486.


The majority of U.S. states with high levels of debt are concentrated in the south. Texas is second with 44 percent of its residents in debt and South Carolina comes third with 43 percent.









Saturday, September 16, 2017

National CALL TO ACTION to Deploy to Florida & South Carolina to Help With Disaster Relief

Donate

All skill-sets are welcome, but we are in particular need of medical personal to add to our teams in Florida, and we expect the same need for South Carolina. We need anyone with a medical background for assessment of need as well as rendering assistance when needed. As we did in Texas, we will be coordinating our disaster relief efforts with local first responders, including law enforcement.

We need everyone from former medics, corpsmen, paramedics, EMT’s, acute care nurses, and ER techs. Basically if you can hit the ground running we can use you. Bring what ever first aid supplies you have, however please add Betadine and rubbing alcohol, as much as you can.

While on this op, we will abide by Florida state law regarding concealed carry, so if you want to carry, it is imperative that you make sure that your state concealed carry permit has reciprocity. Long guns,either shotgun or rifle are allowed, however expect to keep them secured in your vehicle unless needed in an emergency or unless we have express permission from private property owners to carry them on their property (and only if the need warrants it). Our intent is to be low-key with a low profile posture regarding weapons, while also keeping people safe.

In addition to medical personnel, we need communications experts (HAM radio operators), those with security, LEO, or applicable military experience for defense against looters (we expect to be escorting medical teams, relief supply trucks and convoys, and also protecting relief centers and aid distribution points, and backing up local first responders as we did extensively in South Texas these past few weeks. Looting, armed robbery/car and truck jacking are an unfortunate reality in the wake of hurricanes. While we are focused on disaster relief, the need for protecting against violence is a reality and is part of what we do. We also need people with search and rescue and practical mechanical/engineering skills.   Fire-fighters, combat engineers, mechanics, etc.  We will put you to work. Truck drivers also will be needed. And anyone else who is willing to help. We will find a job for you to do.

Uniform for this op is Oath Keepers shirts and hats with solid colored pants (khaki, or olive drab).  Absolutely NO camoflauge clothing! We are here for disaster relief.

Bring sleeping gear, and appropriate hygiene gear for field bathing as well. Anti bacterial soap is important. Hygiene is a priority in this environment.




POINT OF CONTACT:  Please contact Scott Dunn by voice or text at 
850-209-4019



Give him your name and brief list of qualifications.    You can also email fl@oathkeepers.org



Recommended gear:


  • Flashlights and weapons lights

  • IFAK (Individual First Aid Kit) with lifesaving gear such as tourniquets and pressure bandages.

  • Camelback or other hydration system

  • Bug spray

  • Sleeping bag and air mattress

  • Rubber boots

  • Tactical gloves

  • Medical gloves

  • Work gloves

  • Phone charger bank

  • Lysol and other cleaning items

  • Spare socks, spare boots, spare change of clothes

  • Face mask (such as available in hardware stores) and resperator if you can get one.

  • Anything else you need to sustain yourself and stay healthy – plan on living out of your ruck.


Any questions, ask Scott Dunn. He is our POC for this operation.  Oath Keepers from nearby states are already on their way.


 


Again, if you can’t make it to help, please donate to help support those who can.



Friday, August 25, 2017

Paul Craig Roberts Explains How We Know The So-Called "Civil War" Was Not Over Slavery

Authored by Paul Craig Roberts,


When I read Professor Thomas DiLorenzo’s article, the question that lept to mind was, “How come the South is said to have fought for slavery when the North wasn’t fighting against slavery?”


Two days before Lincoln’s inauguration as the 16th President, Congress, consisting only of the Northern states, passed overwhelmingly on March 2, 1861, the Corwin Amendment that gave constitutional protection to slavery. Lincoln endorsed the amendment in his inaugural address, saying “I have no objection to its being made express and irrevocable.”


Quite clearly, the North was not prepared to go to war in order to end slavery when on the very eve of war the US Congress and incoming president were in the process of making it unconstitutional to abolish slavery.


Here we have absolute total proof that the North wanted the South kept in the Union far more than the North wanted to abolish slavery.


If the South’s real concern was maintaining slavery, the South would not have turned down the constitutional protection of slavery offered them on a silver platter by Congress and the President. Clearly, for the South also the issue was not slavery.


The real issue between North and South could not be reconciled on the basis of accommodating slavery. The real issue was economic as DiLorenzo, Charles Beard and other historians have documented.


The North offered to preserve slavery irrevocably, but the North did not offer to give up the high tariffs and economic policies that the South saw as inimical to its interests.


Blaming the war on slavery was the way the northern court historians used morality to cover up Lincoln’s naked aggression and the war crimes of his generals.


Demonizing the enemy with moral language works for the victor. And it is still ongoing. We see in the destruction of statues the determination to shove remaining symbols of the Confederacy down the Memory Hole.


Today the ignorant morons, thoroughly brainwashed by Identity Politics, are demanding removal of memorials to Robert E. Lee, an alleged racist toward whom they express violent hatred. This presents a massive paradox. Robert E. Lee was the first person offered command of the Union armies. How can it be that a “Southern racist” was offered command of the Union Army if the Union was going to war to free black slaves?


Virginia did not secede until April 17, 1861, two days after Lincoln called up troops for the invasion of the South.


Surely there must be some hook somewhere that the dishonest court historians can use on which to hang an explanation that the war was about slavery. It is not an easy task. Only a small minority of southerners owned slaves. Slaves were brought to the New World by Europeans as a labor force long prior to the existence of the US and the Southern states in order that the abundant land could be exploited. For the South slavery was an inherited institution that pre-dated the South. Diaries and letters of soldiers fighting for the Confederacy and those fighting for the Union provide no evidence that the soldiers were fighting for or against slavery. Princeton historian, Pulitzer Prize winner, Lincoln Prize winner, president of the American Historical Association, and member of the editorial board of Encyclopedia Britannica, James M. McPherson, in his book based on the correspondence of one thousand soldiers from both sides, What They Fought For, 1861-1865, reports that they fought for two different understandings of the Constitution.


As for the Emancipation Proclamation, on the Union side, military officers were concerned that the Union troops would desert if the Emancipation Proclamation gave them the impression that they were being killed and maimed for the sake of blacks. That is why Lincoln stressed that the proclamation was a “war measure” to provoke an internal slave rebellion that would draw Southern troops off the front lines.


If we look carefully we can find a phony hook in the South Carolina Declaration of Causes of Secession (December 20, 1860) as long as we ignore the reasoning of the document. Lincoln’s election caused South Carolina to secede. During his campaign for president Lincoln used rhetoric aimed at the abolitionist vote. (Abolitionists did want slavery abolished for moral reasons, though it is sometimes hard to see their morality through their hate, but they never controlled the government.)


South Carolina saw in Lincoln’s election rhetoric intent to violate the US Constitution, which was a voluntary agreement, and which recognized each state as a free and independent state. After providing a history that supported South Carolina’s position, the document says that to remove all doubt about the sovereignty of states “an amendment was added, which declared that the powers not delegated to the United States by the Constitution, nor prohibited by it to the States, are reserved to the States, respectively, or to the people.”


South Carolina saw slavery as the issue being used by the North to violate the sovereignty of states and to further centralize power in Washington. The secession document makes the case that the North, which controlled the US government, had broken the compact on which the Union rested and, therefore, had made the Union null and void. For example, South Carolina pointed to Article 4 of the US Constitution, which reads: “No person held to service or labor in one State, under the laws thereof, escaping into another, shall, in consequence of any law or regulation therein, be discharged from such service or labor, but shall be delivered up, on claim of the party to whom such service or labor may be due.” Northern states had passed laws that nullified federal laws that upheld this article of the compact. Thus, the northern states had deliberately broken the compact on which the union was formed.


The obvious implication was that every aspect of states’ rights protected by the 10th Amendment could now be violated. And as time passed they were, so South Carolina’s reading of the situation was correct.


The secession document reads as a defense of the powers of states and not as a defense of slavery. Here is the document: http://teachingamericanhistory.org/library/document/south-carolina-declaration-of-causes-of-secession/


Read it and see what you decide.


A court historian, who is determined to focus attention away from the North’s destruction of the US Constitution and the war crimes that accompanied the Constitution’s destruction, will seize on South Carolina’s use of slavery as the example of the issue the North used to subvert the Constitution. The court historian’s reasoning is that as South Carolina makes a to-do about slavery, slavery must have been the cause of the war.


As South Carolina was the first to secede, its secession document probably was the model for other states. If so, this is the avenue by which court historians, that is, those who replace real history with fake history, turn the war into a war over slavery.


Once people become brainwashed, especially if it is by propaganda that serves power, they are more or less lost forever. It is extremely difficult to bring them to truth. Just look at the pain and suffering inflicted on historian David Irving for documenting the truth about the war crimes committed by the allies against the Germans. There is no doubt that he is correct, but the truth is unacceptable.


The same is the case with the War of Northern Aggression. Lies masquerading as history have been institutionalized for 150 years. An institutionalized lie is highly resistant to truth.


Education has so deteriorated in the US that many people can no longer tell the difference between an explanation and an excuse or justification. In the US denunciation of an orchestrated hate object is a safer path for a writer than explanation. Truth is the casualty.


That truth is so rare everywhere in the Western World is why the West is doomed. The United States, for example, has an entire population that is completely ignorant of its own history.


As George Orwell said, the best way to destroy a people is to destroy their history.

Monday, August 21, 2017

Watch Live: Today's Once-In-A-Century Solar Eclipse

Experiencing a total solar eclipse is rare. And a solar eclipse that emcompasses the entire Continental US is even more rare. Which is why people from across the US will take a break from work and school and go outside for a glimpse of a total eclipse that"s expected to last just two minutes and 40 seconds.


The eclipse is expected to make landfall near Depoe Bay, Oregon at 10:15 local time and it will eventually pass into the Atlantic Ocean in South Carolina around 3 p.m. Eastern Time. Anyone who misses out on this year"s eclipse will have to wait seven years until the next one in April 2024.


In total, the moon will cast its shadow over the U.S. just a little longer than the duration of a feature movie, 1h and 33 minutes.


Observers outside the direct path of the total eclipse will still see a partial eclipse, where the moon covers just part of the sun. The next total eclipse over parts of North America won"t be witnessed until April 2024, then crossing from the south west, from Mexico, to the north east, towards Canada.


Luckily, for those chained to their desks, NASA has several livefeeds that will be monitoring the eclipse as it crosses the US.



According to Statista, the last eclipse to touch any part of the US occurred in July 1991, with only Hawaii experiencing it. The experience for locals was hampered by poor weather. But today’s event is even more rare, Statista explains, because it will cross the US from the Pacific to the Atlantic coast – the first to do so since 1918.





“The last total eclipse within the contiguous 48 United States occurred on February 26, 1979.



The "cosmic ballet" today is going to be the first one since 1918 where the path of darkness will cross the Pacific and Atlantic coasts as well as the first that will make landfall exclusively in the U.S. since independence in 1776.”



The eclipse’s 70-mile wide path of totality, an area where the moon will completel block out the Sun, plunging the area into darkness for a few minutes, doesn’t pass through any major US cities. However, nearly 200 million Americans live within a day’s drive of the eclipse, so towns and national parks in the 12 states within the path are bracing for a massive influx of visitors.


Infographic: A Total Eclipse Is A Rare Event | Statista


You will find more statistics at Statista


Not sure when to start watching? Check out the eclipse timeline below:


Saturday, August 12, 2017

Killer Cops Keep Jobs While Cops in South Carolina Fired for Having Sex With Each Other

sex

York County, SC – The York County Sheriff’s Department has disciplined six of its deputies following the discovery of a rampant on-the-job sex scandal. Two of the six officers have been fired, and four were formally punished in a scandal that has rocked not only the department but the tight-knit South Carolina community. However, this ostensible scandal raises a far more grave point than the simple act of officers having sex.


The intercourse reportedly took place while the officers were on duty, and it dates as far back as 2003. The scandal was made public after WBTV, the local CBS affiliate, filed a Freedom of Information Act request, which led to the release of documents that revealed: “investigators discovered that one female deputy had sex with five different male deputies at various times while on duty.”


The sexual encounters date from 2003 to 2017. The two officers fired were Sgt. Jennifer Forsythe and Deputy Daniel Hamrick. The police department dismissed them after they admitted to engaging in sexual activity while on-duty from 2012 up until this year.


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The sex scandal included a captain, a lieutenant and two other sergeants. The report noted that Lt. Brian Boling was demoted to Master Deputy II. A report from the Charlotte Observer described Forsythe’s relationship with Boling:



“Forsythe told investigators she had sexual encounters with Boling multiple times in 2007, including one encounter on duty. Boling told investigators that the two had other sexual encounters while away for professional training.”



Capt. Carson Neely, also named in the sex scandal, was suspended without pay after Forsythe revealed to investigators she had sex with him from 2003-07, often while on-duty as well.



READ MORE:  WATCH: Cop"s Violent Power Trip Costs Taxpayers $1.3 Million



Sgt. Wayne Richardson and Sgt. Buddy Brown were both suspended for two weeks without pay after Forsythe revealed they, too, had engaged in sexual activity with her while on duty.



The scandal was brought to light after an anonymous individual reported the inappropriate activity taking place on the sheriff’s department.


In a statement Sheriff Kevin Tolson explained the actions taken by the department:




“The results of this investigation are very troubling and cast a dark cloud over the York County Sheriff’s Office and its reputation as a professional organization…The actions of these officers have undermined the public’s confidence in our organization and required swift and serious action…The harshest discipline was dispensed to those who violated policy and public trust while I have been Sheriff…I showed leniency to those Deputies whose conduct occurred years, even more than a decade ago, but make no mistake, this conduct will not be tolerated in this agency on my watch.”



However, this scandal does raise questions about how it would have been handled if it had occurred in a work environment that was not a police department. While such deeds may be the story-lines of seedy movies, in reality, cops can kill people and keep their jobs. Why is sex such a big deal?


Throwing caution to the wind, officers often engage in misbehavior, which includes everything from violating citizens’ civil rights to shooting and killing unarmed citizens—the majority are cleared of all wrongdoing, and end up keeping their jobs.


While the actions of these officers were certainly derelict, the fact that cops can kidnap, rape, beat, and kill people while on the job and face no consequences is a far more grave issue than simply having sex. What this illustrates is police departments — as well as society, in general — are okay with violence, but not embarrassing situations in which their officers make love to each other.



READ MORE:  Investigation After Cops Kill Unarmed Teen Reveals Epidemic of Motorists Killed by Police



Had one of the officers been raping his coworkers, perhaps then, no one would’ve been fired.



We live in a world where we have to hide to make love, while violence is practiced in broad daylight. – John Lennon


| WBTV Charlotte

Tuesday, July 18, 2017

State Law Forces Bystanders to Help Police Making Arrest — Or Go To Jail

arrest


South Carolina — Imagine, for a moment, that you see a cop beating up a teenage girl for being in possession of a little bit of cannabis. The girl, not wanting to be kidnapped and caged for a plant, is naturally ‘resisting’ her arrest. So, the cop asks you to step in and help him. What do you do?


Well, even if you are morally opposed to the war on drugs, and believe that people should not be kidnapped and caged for possessing a plant — that the US government admits can kill cancer cells — you must step in. If you do not help the cop, in South Carolina, you could go to jail. Seriously.


On the police propaganda show from A&E, Live PD, a recent episode exposed this tyrannical and outright ridiculous law.


Last week, a highly controversial episode of Live PD showed an officer involved in the high-speed chase of Bryan Martin who had his two-year-old daughter with him during the arrest after the chase came to a dramatic end.


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When Martin exited his vehicle, after he flipped it, he was holding his daughter as the officer attempted to arrest him.


Once the officer was on top of Martin, he was asking the bystanders, some of whom were filming, to help him in the arrest. No one stepped in.


While someone did get his daughter out of the way and safe, the officer’s calls for help fell on deaf ears — including those from the A&E camera operator who just moved around to film from different angles.



READ MORE:  Video Taken by NYPD Killer Surfaces, Shows Him Being Shaken Down by K-9 Unit Last Year





WFMY News, then reported on the arrest, caught on Live PD, and informed their viewers, who were shocked to learn, that state law says officers can call out for help from bystanders if suspects are resisting an arrest.


Section 23-15-70 of the SC Code of Laws states any person refusing to assist the officer could be charged with a misdemeanor, fined $30 to $100 or imprisoned 30 days in jail.


The entire SECTION 23-15-70 – Call out for assistance or posse comitatus; penalty for refusing to assist — reads as follows:



Any sheriff, deputy sheriff, constable or other officer specially empowered may call out the bystanders or posse comitatus of the proper county to his assistance whenever he is resisted or has reasonable grounds to suspect and believe that such assistance will be necessary in the service or execution of process in any criminal case and any deputy sheriff may call out such posse comitatus to assist in enforcing the laws and in arresting violators or suspected violators thereof. Any person refusing to assist as one of the posse comitatus in the service or execution of such process, when required by the sheriff, deputy sheriff, constable or other officer shall be liable to be indicted therefor and upon conviction shall be fined and imprisoned, at the discretion of the court any person who shall fail to respond and render assistance when summoned by a deputy sheriff to assist in enforcing the laws and in arresting violators or suspected violators thereof shall be guilty of a misdemeanor and, upon conviction shall be fined not less than thirty nor more than one hundred dollars or imprisoned for thirty days.


While Martin’s case is an extreme one, the fact is that police apprehend and arrest otherwise entirely innocent people on a daily basis. Laws like this one open up Pandora’s box in regards to the potential for ominous scenarios to play out.



READ MORE:  Don’t police have to read me my rights?



While many people would likely step in to break up a severely one-sided fight, there should never be a requirement to do so.


Threatening entirely innocent people with fines and jail for refusing to put themselves in harm’s way to help an officer who may or may not be violating the rights of an innocent person is nothing short of tyrannical and goes against all measures of a free society.


What do you think? Should people be thrown in jail for refusing to help a police officer who is asking for their assistance? Let us know in the comments below.

Saturday, April 8, 2017

A Bewildered Tucker Carlson Takes on Delusional Senator Graham Over Syrian Strikes

I want you to watch this video, so that you know what you"re up against. We aren"t dealing with rational people. Here is the Senator from South Carolina, a man with great power in this country, telling Tucker Carlson with a straight face that taking out Saddam was a good idea. Additionally, he said taking out Libya was a good idea. Now he wants to take out Assad, because "he"s killing his own people."


It"s called a civil war, actually, and he wasn"t killing anyone until American sponsored ISIS invaded his country.


For about a year, I"ve been blogging a lot of politics, hoping that Trump"s message of "America first" was genuine. I see now, much to my dismay, that"s not the case. While some of you don"t take issue with the Syrian attack, I view it as the rubicon that Trump crossed to be part of the club, one with John McCain, Lindsey Graham and Nancy Pelosi.


This isn"t about supporting Assad, but about setting priorities and properly analyzing risk. In many respects, this is much akin to trading. We place bets and hope that they work out. But any good trader knows that the monetary loss isn"t the most important factor in a bad trade, but the time lost in hoping for a return.


How does destroying Assad help you? How does spending $84m on 59 cruise missiles help towards that elusive infrastructure bill?


It doesn"t.


There will be plenty of true Trumpers out here to fulfill your need for partisan propaganda. I can no longer provide such a service, as I"ve decided that I don"t trust the man anymore.


Anyone who placates filth like the man featured in the video below is undeserving of my valuable time.


Please listen to his words, interpret his rationale, analyze his cadence and body language -- and juxtapose that against Tucker"s -- and tell me Graham isn"t a dangerous person.



And here"s the other side to the story.



Content originally published at iBankCoin.com

Tuesday, March 21, 2017

WATCH: Cop’s Violent Power Trip Costs Taxpayers $1.3 Million

A South Carolina state trooper’s conduct has led to a $1.3 million judgment awarded to a couple who accused the officer of excessive force during what originated as a simple traffic stop nearly four years ago.


The incident, which occurred in October 2012, began when Trooper James Enzor pulled over Catherine and Jerome Newkirk while they were driving on Interstate 95 in South Carolina. According to CBS North Carolina, “the complaint says the two were driving through a construction zone as part of a line of cars all traveling the same speed when the couple noticed they were being followed by a South Carolina Highway Patrol car with its blue lights on.”



During the stop, Enzo reportedly informed Catherine Newkirk that she was driving 77 mph in a 55 mph construction zone. While Enzor offered to issue her a ticket for driving 64 mph, Newkirk disagreed with receiving a ticket at all and maintained she had not been exceeding the speed limit.


Court documents stated that Newkirk told Enzor that she believed “there is a bit of discrimination going on here.” According to WIS-TV, once Newkirk suggested to Enzor that the traffic stop was based on discrimination, she said, “he snatched the ticket back and he told me to step out of the vehicle and I did.”



Video of the altercation is below. While much of the audio is difficult to hear, Enzo is seen and heard on video directing Newkirk to exit her vehicle and proceeding to place her under arrest, becoming increasingly agitated in his physical handling of her. Newkirk is also seen visibly resisting the unlawful arrest at first before allowing herself to be transported.


The Newkirks were both ultimately arrested and spent a day in prison following the arrest. Catherine was imprisoned for resisting arrest and assault, and Jerome was also imprisoned for a charge of “hindering a police officer,” as Enzo claimed that Jerome “did verbally and repeatedly instruct and coerce the driver of the vehicle to disregard any instructions” that he was giving to Catherine.


The Newkirks spent the next few years pursuing their case, first in state court and then in federal court. Enzo filed a request to dismiss the case based on qualified immunity. That request was denied and a jury was eventually able to see video of what transpired on the day of the Newkirk’s arrest.


Joe McCulloch, an attorney representing the Newkirks, noted that this video was “invaluable for the jury to see.”


The jury awarded $325,000 to Jerome Newkirk and $1 million to Catherine Newkirk. The couple is seeking an additional $500,000 in legal fees. They were previously awarded $100,000 in a settlement with the South Carolina Department of Public Safety. 


Enzor has since lost his job; he was fired in an unrelated incident in which he made unspecified comments about a superior.


Just like that, taxpayers are hit for more than a million because of this officer’s inability to remain professional.




READ MORE:  School Girl Getting Beaten by a Cop Exposes Alarming Trend of School to Prison Pipeline


Thursday, March 16, 2017

Are Collapsing Pensions "About To Bring Hell To America"?

Authored by Mac Slavo via SHTFplan.com,



The toxic dollar is bringing hell in a handbasket.


Along with the student loan debt bubble and other major financial factors, the looming pensions crisis is bound to be the death of us all.


Because it’s based on a future promise to pay, it has long been a benefit dangled to solve strikes and union disputes – because, in the end, it is just more debt, whether private or public.


With tens of trillions in unfunded liabilities, the weight of an avalanche remains dangling over our heads. An aging population is cashing in on needed retirement benefits while the younger generations must support multiples that are unsustainable financially.


Somewhere between the retiree that needs clothing, food and lodging, and the bankruptcy of cities and state governments is the makings of the next economic crisis.


via AgainstCronyCapitalism.org:





This is one of those things that few will pay attention to until it’s a 5 alarm fire. Then the policymakers will run around with their hands in the air saying they didn’t see it coming.



Of course they did. But addressing the problem is hard and will make people unhappy in the short term.



This blog pointed out the sad, and quiet fact that entities like the government of South Carolina are deep in debt over pensions. Everywhere there are failing social systems.


And somewhere, the rubber is going to met the road, and people are going to get hurt.


As SHTF previously reported:





In 2014 a new Federal law made it possible for pension funds to cut benefits for their recipients.



[I]n October of [2015] the canary in the coal mine fell over and died when Illinois announced that the State was posting pension payments because it ran out of money.



Fast forward a few more months and things have been taken to the next level. The Central State pension fund in Kansas became the first such fund to take advantage of the 2014 law as 400,000 Americans who depend on their monthly pension income to pay for such things as their mortgage, groceries and medical expenses saw an average of $1,400 per month sliced of their monthly benefits.



Unfortunately, there may be no avoiding some very painful lapses in checks in the difficult years ahead.


As Market Watch reports:





But take a look South Carolina’s government pension plan, which covers roughly 550,000 people — one out of nine state residents — but is a staggering $24.1 billion in the red.



This is not a distant concern, but a system already in crisis.



Younger workers are being asked to do much more to support the pensions of retirees. An analysis by the The Post and Courier of Charleston noted recently that “Government workers and their employers have seen five hikes in their pension plan contributions since 2012, and there’s no end in sight.” (Most now contribute 8.66% of their pay, vs. 6.5% before the changes.) At the same time, the pension fund has been chasing more stocks and alternative investments instead of relying on stable investments like bonds that may be much less volatile but generate only meager returns.



And if that’s not troubling enough, South Carolina’s pension fund is far from alone.



Yeah.


California’s Calpers public retriree system is notoriously underfunded and doomed to implode. Chicago, Detroit and other urban wastelands are sagging under abysmal debt. Dallas, Texas pensions went insolvent. Puerto Rico is nothing but a propped up holding corp(se).


Something massive has been swept up just under the carpet.

Monday, October 31, 2016

Two Early Voting Charts That Look Disastrous For Hillary

Both Clinton and Trump have highlighted early voting statistics that suggest their campaigns are performing well relative to the 2012 campaigns of Obama and Romney.  That said, new statistics presented by the New York Times on early voting in several states seem to reveal some devastating trends for team Hillary.


As background, early voting has grown substantially over the past 2 decades and now accounts for roughly one-third of all votes cast. 





More states are offering early voting, Michael McDonald, a political science professor at the University of Florida, said. “Once a state adopts early voting, more people vote early as a part of their election regimen,” he said.



The modern resurgence of early voting can be traced to 1980, when California lifted a requirement that voters must have an excuse to vote early. Other states in the West followed. In 1996, Southern states like Florida, Tennessee and Texas began to allow in-person early voting in special satellite polling locations.



Another landmark year in early voting was 2001, when a legal challenge was brought against Oregon’s early voting laws. The decision in that case, Voting Integrity Project v. Keisling, set a precedent mandating that early voting should be allowed, as long as votes were not officially counted before Election Day.



Early Voting



Meanwhile, most of the critical presidential "swing states" now allow early voting, with the exception of South Carolina and Pennsylvania.


Early Voting



While higher rates of early voting are generally a positive for the democratic candidate, a deeper dive into the demographic mix of early voters reveals some very troubling signs for the Clinton camp.  First, early voting by millennials is down sharply in several swing states including North Carolina, Nevada and Ohio. 


As we"ve pointed out before, this is obviously a troubling sign for Hillary since millennials voters skewed to Obama by 34 points in 2008 and 24 points in 2012.  We guess there will be fewer Hillary posters on the basement walls of young millennials living at home with mom after the "Hope and Change" they were promised in 2008 and 2012 didn"t pan out so well.


Early Voting



Perhaps even more troubling for the Clinton campaign are early voting statistics of black voters which show substantial declines in Georgia, North Carolina, Virginia and Ohio.  These stats are disastrous for Hillary as black voters have historically skewed towards democratic candidates by 80 points or more. 


As we pointed out last month, President Obama enjoyed a huge surge in black voter participation in 2008 and 2012.  After averaging around 50-55% for several decades, black voter participation surged to over 60% during Obama"s races.  A failure of the Clinton campaign to turnout black voters by the same margins could be disastrous for Clinton in states like Florida, North Carolina and Ohio. 


Early Voting



Meanwhile, the one silver lining for Hillary is that Hispanic early voting seems to have increased across the board.  That said, Hispanic voters represent a much smaller overall percentage of the electorate and have historically not skewed as heavily toward the democratic candidate as black voters (though that could certainly change in this election cycle).


Early Voting



Just more evidence that pollsters, by using models tied to the 2008 and 2012 election cycles, may be way off in their assessment of how the 2016 election cycle will play out...we"ll see in 8 days.