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Violation – South Carolina Treasurer Curtis Loftis using state run website to campaign for Donald Trump, attack Hillary Clinton campaign, attack S.C Lawmakers and influence Election Ballot Issues

 

South Carolina statutes do not allow the state to use of government property to campaign for candidates and to influence ballot issues but South Carolina Treasurer Curtis Loftis has been in violations of those laws. S.C. Treasurer engaging in illegal campaigning on a state run and own website means he is also engaging state employees in illegal activity. South Carolina website shows Loftis has used the state to benefit Donald Trump prior to the Republican Presidential Primary and the Presidential General election just last week, Loftis has used his twitter account as a feed on the SC.gov website to make promote Donald Trump and make negative comments about the Hillary Clinton Campaign.

Follow up to this blog:
Part 2, Several Direct Payments from Donald Trump campaign to South Carolina Treasurer Curtis Loftis who illegally used State Website to Campaign for Trump and attack Hillary Clinton

(A) A person may not use or authorize the use of public funds, property, or time to influence the outcome of an election.
(B) This section does not prohibit the incidental use of time and materials for preparation of a newsletter reporting activities of the body of which a public official is a member.
(C) This section does not prohibit the expenditure of public resources by a governmental entity to prepare informational materials, conduct public meetings, or respond to news media or citizens’ inquiries concerning a ballot measure affecting that governmental entity; however, a governmental entity may not use public funds, property, or time in an attempt to influence the outcome of a ballot measure.

8-13-765. Use of government personnel or facilities for campaign purposes; government personnel permitted to work on campaigns on own time.
(A) No person may use government personnel, equipment, materials, or an office building in an election campaign. The provisions of this subsection do not apply to a public official’s use of an official residence.

Below I’ve included the South Carolina statute regarding use of public office and seceral  attempts of Loftis to influence elections and ballot issues.  In one April 2016 publication posted on the State Treasurer website you will find an attack of voting those out in the state legislature opposed to Loftis

“Loftis was elected to the office of Treasurer by the people of South Carolina. When he took the duties of this office seriously and attempted to bring to light a problem that needed fixing, the established government structure in Columbia fought him and tried to smear him rather than listening and attempting to find a solution to the problem five years ago.

The entire General Assembly is up for reelection this year. It’s past time to find more politicians who actually want to do the job they are elected to do rather than those who sit in Columbia thinking they are members of some type of “special class,” doing everything to protect their cronies regardless of what actually needs to be done.”

South Carolina
2-3-175. Outside employment. Full-time employees of the House of Representatives and the Senate are prohibited from outside employment during normal working hours, except with the permission of an employee’s department head, and annual leave must be taken for any approved outside employment.
Public Officers and Employees. Ethics, Government Accountability, Campaign Reform.
8-13-705. Offering, giving, soliciting, or receiving anything of value to influence action of public employee, member or official, or to influence testimony of witness; exceptions; penalty for violation.
(G) This section does not apply to political contributions unless the contributions are conditioned upon the performance of specific actions of the person accepting the contributions nor does it prohibit a parent, grandparent, or other close relative from making a gift to a child, grandchild, or other close relative for love and affection except as otherwise provided.
8-13-765. Use of government personnel or facilities for campaign purposes; government personnel permitted to work on campaigns on own time.
(A) No person may use government personnel, equipment, materials, or an office building in an election campaign. The provisions of this subsection do not apply to a public official’s use of an official residence.
(B) A government, however, may rent or provide public facilities for political meetings and other campaign-related purposes if they are available on similar terms to all candidates and committees, as defined in Section 8-13-1300(6).
(C) This section does not prohibit government personnel, where not otherwise prohibited, from participating in election campaigns on their own time and on nongovernment premises.
8-13-1336. Accepting or soliciting contributions on State Capitol grounds or in official residence prohibited; exception for contributions by mail.
(A) No public official, candidate, public employee, or committee may accept or solicit campaign contributions on the State Capitol grounds, including the office complexes located on them, or in any building which houses the principal office of a statewide officer.
(B) No public official, candidate, public employee, or committee may accept or collect campaign contributions on the grounds of or in any building which houses the official residence of a statewide officer.
(C) Contributions delivered by mail are excluded from the provisions of this section.
8-13-1338. Persons prohibited from soliciting contributions.
(A) The following persons personally may not solicit, verbally or in writing, a contribution to a candidate:
(1) a law enforcement officer while in uniform;
(2) a judge or candidate for judicial office;
(3) a solicitor, an assistant solicitor, or an investigator in a solicitor’s office;
(4) the Attorney General, a deputy attorney general, an assistant attorney general, or an investigator in the Attorney General’s office.
(B) The restrictions of subsection (A) on solicitation of contributions do not apply to:
(1) a candidate soliciting a contribution to his own campaign; or
(2) a part-time assistant solicitor.
(C) A law enforcement officer while in uniform may not solicit a contribution to any political party or candidate.
8-13-1346.
(A) A person may not use or authorize the use of public funds, property, or time to influence the outcome of an election.
(B) This section does not prohibit the incidental use of time and materials for preparation of a newsletter reporting activities of the body of which a public official is a member.
(C) This section does not prohibit the expenditure of public resources by a governmental entity to prepare informational materials, conduct public meetings, or respond to news media or citizens’ inquiries concerning a ballot measure affecting that governmental entity; however, a governmental entity may not use public funds, property, or time in an attempt to influence the outcome of a ballot measure.

sc-treas-trump

The following tweet below appeared last week, on http://treasurer.sc.gov/

sc-treasurer-trump-3a

 

sc-treasurer-trump

 


Charleston ripe for investment from Wall Street firms, state treasurer says; Trump also bullish on region

Monday, April 13, 2015

By: John McDermott and Schuyler Kropf
From: The Post and Courier

South Carolina’s state treasurer is hoping a national gathering of government money handlers in Charleston will yield a bigger long-term payoff.

Curtis Loftis said he urged the State Financial Officers Foundation to hold its 2015 spring meeting downtown in part to show off the city to the movers and shakers from the investment world who attend the group’s events.

“I think the more I can expose them to Charleston the better chance we’ll have of them moving some or all of their operations here,” Loftis said.

The two-day conference at the DoubleTree Hotel by Hilton near the historic City Market wraps up Tuesday.
Loftis said 16 state treasurers who are responsible collectively for more than $1 trillion in financial assets are in attendance. Also on hand are numerous representatives from big banks and other firms that invest public pension money.

Loftis said he will form a task force this summer to explore ways of luring more financial service jobs to Charleston or other parts of the state. He called it a “clean, crisp business” with deep pockets, pointing to Citigroup’s ATD electronic stock-trading outpost in Mount Pleasant.

“It’s a relatively small amount of people, but the economic benefit is massive,” Loftis said.

Charleston is an ideal location to promote because many Wall Street executives are already acquainted with the historic district and other nearby destinations, either as second-home owners or as visitors.

“They vacation here,” Loftis said. “They love Daniel Island. They love Kiawah Island.”

Delaware is among the states that have “tweaked” their laws to entice financial service firms.

“All of the sudden they’re the credit card capital of the world. … We ought to get our share,” he said.

At least one well-known business tycoon and possible presidential candidate spoke about investing in the Lowcountry at the conference.

“I think Charleston is a fantastic place … becoming an unbelievable tourist destination, one of the finest in the country, and I like Charleston very much,” real estate developer Donald Trump said after his keynote address. “And I like the people very much. It’s something that I could do.”

In fact, Trump said he already has “invested in something” in the Charleston region. He declined to elaborate Monday but said he might be ready discuss the deal in more detail next time he visits.

“I’ll announce it at the appropriate time,” Trump said. “It’s very interesting.”

One of his sons, Donald Trump Jr., is involved in the ownership of the former Navy hospital on Rivers Avenue in North Charleston. Trump Sr. hasn’t been directly linked to any venture in the Lowcountry, at least publicly, though one of his recent purchases had a local tie-in.

His Trump Organization bought the financially troubled Doonbeg Golf Club and the Lodge at Doonbeg in western Ireland for about $20.5 million in February 2014. The seaside resort property was originally built and owned by an affiliate of Charleston-based Kiawah Development Partners.

Schuyler Kropf of The Post and Courier contributed to this report.

sc-treasurer-trump-4a

SC Senate “Discovers” Curtis Loftis is Right

Thursday, April 21, 2016

SC Senate “Discovers” Curtis Loftis is Right

By Paul Gable

Five years after SC Treasurer Curtis Loftis began complaining about the poor performance of the SC Retirement Systems Investment Commission, senators in Columbia have finally heard the message.

When Loftis assumed the office of SC Treasurer, he became a statutory member of the investment commission. As a statutory member of the South Carolina Retirement System Investment Commission, Loftis criticized the high fees, low performance and lack of transparency associated with South Carolina’s public pension funds.

Almost immediately, the ‘good ole boy’ system in Columbia struck back. Loftis was subjected to allegations in 2011 that he and Mallory Factor were partners in what was called a “pay to play” scheme involving state retirement funds.

Despite the best efforts of members of the SC Retirement System Investment Commission, Gov. Nikki Haley, then state senator Greg Ryberg and others, Loftis was cleared of all allegations by SLED and the SC Attorney General’s office.

A couple of years later, Loftis was censured by the same SCRSIC he serves on for “false, deceitful and misleading rhetoric.”

At the time, Loftis said the commission members didn’t like him looking under rocks and asking questions about investments made by commission staff.

All of a sudden this week, the CEO of the investment commission, Michael Hitchcock, told members of a Senate committee that the returns of the state pension fund have “underperformed” in recent years. He said the approximately $16 billion shortfall in the pension fund accounts has been aggravated in recent years by the gap between the assumed rate of return set by lawmakers (7.5%) and the actual rate of return (1.6%).

According to Hitchcock, the contributions from public employees to the fund amount to approximately $2 billion per year. The payout to retired employees is approximately $3 billion per year. The state pension fund must earn $1 billion per year, an approximate 4% annual return, to just break even.

Now senators in Columbia are wringing their hands about what to do.

It’s quite simple, they should have listened to Loftis for the last five years instead of trying to discredit him for telling the truth.

But, the truth is not often heard in Columbia, especially when state legislators and their cronies are intent on covering it up.

We’ll give Loftis the final word on this from a Facebook post he made earlier today:

“For 5 years I sounded the alarm on this issue and have gotten the hell beaten out of me by the very people responsible for the multi-billion dollar losses.  Now that EVERYONE agrees the system is in crisis it seems that those Investment Commissioners responsible will not pay a price for their awful performance, nor will their protectors like State Senators Kevin Bryant, Shane Martin, Shane Massey and Hugh Leatherman. They fought me every step of the way, allowed billions in losses to pile up on the backs of the people of SC, and are continuing to do so to this very day. They were wrong at virtually every turn & now those same people get to decide how to “fix the problem!” Curtis Loftis

Of course, being right doesn’t solve the problem for Loftis or the people of South Carolina. But, there is a lesson to be learned here.

Loftis was elected to the office of Treasurer by the people of South Carolina. When he took the duties of this office seriously and attempted to bring to light a problem that needed fixing, the established government structure in Columbia fought him and tried to smear him rather than listening and attempting to find a solution to the problem five years ago.

The entire General Assembly is up for reelection this year. It’s past time to find more politicians who actually want to do the job they are elected to do rather than those who sit in Columbia thinking they are members of some type of “special class,” doing everything to protect their cronies regardless of what actually needs to be done.

via the Grand Strand Daily on APRIL 21, 2016

sc-treasurer-website-2

 

 

 

Loftis to host Trump, Ashcroft, Fiorina at SFO conference

Friday, April 3, 2015

From: Greenville Business Magazine

The State Financial Officers Foundation (SFOF) today announced that businessman and investor Donald Trump, and author Travis Brown, will deliver keynote addresses at its spring meeting on April 13-14 in historic downtown Charleston.  Other keynote speakers include Carly Fiorina, former CEO of Hewlett-Packard, and former Attorney General John Ashcroft.

“Charleston is the perfect location to host state treasurers, business experts and top thought leaders from around the country,” said South Carolina State Treasurer Curtis M. Loftis Jr.  “Charleston is not only rich in history and culture, but also financial and economic opportunities.”

“We’re honored to add Donald Trump to our distinguished lineup of speakers.  Trump needs no introduction.  He’s an extraordinary business leader with a lifetime of experiences and insights that will benefit and challenge our guests,” said Derek Kreifels, president of the State Financial Officers Foundation.

“We’re also thrilled that renowned author Travis Brown will join our event.  Few in America understand economics and tax policy at the state level – the very issues our members grapple with every day – better than Brown,” Kreifels said.

Brown is the author of “How Money Walks” and the co-author of the New York Times and USA Today bestseller “An Inquiry into the Nature and Causes of the Wealth of States” (with Art Laffer, Steve Moore, and Rex Sinquefield).

SFOF is the nation’s leading conservative foundation committed to bringing together state financial officers with the nation’s top private sector companies and organizations.  SFOF is founded on the belief that state financial officers can and should play a greater role in promoting conservative, and fiscally responsible public policy.

“This conference brings state financial officers together with members of the corporate community to discuss some of the nation’s most critical financial issues,” said Loftis.  Topics in previous meetings have included pension reform, municipal bankruptcies, 529 college savings programs, unclaimed property, financial literacy, banking and finance regulatory reform, and retirement savings issues.

The two-day conference will be held at the DoubleTree Hotel by Hilton in historic downtown Charleston.

“I’m thrilled Treasurer Loftis has agreed to host our meeting in the beautiful city of Charleston,” said Kreifels.  “Treasurer Loftis is widely respected among his fellow financial officers for his leadership skills, and for his impressive background in private business.”

Previous speakers have included former New York Governor George Pataki, Stephen Moore, the Heritage Foundation’s chief economist, James Kemp, president of the Jack Kemp Foundation, and John Sugden, pension expert from Standard & Poor’s.

For more information about the SFOF Spring National Meeting, contact Scott Lindenberg at scott.lindenberg@sto.sc.gov or (803) 734-2620.

 

sc-treasurer-website

Loftis Fights Pension ‘Reform’ Bill

Thursday, March 26, 2015

By Hal Milard
From: Lexington County Chronicle

A seemingly innocuous piece of legislation is allegedly threatening South Carolina’s $30 billion retirement fund.
State Treasurer Curtis Loftis said Senate bill S.527, sponsored by Columbia Democrat Joel Lourie and Anderson Republican Kevin Bryant, will allow “the fox to guard the henhouse.”
Since his election as treasurer, Loftis has railed against the alleged mismanagement of the state’s troubled retirement system and has made fixing it the priority of his office, routinely butting heads in the process.
The bill is currently in committee. On March 12, Loftis sent a blistering letter to members prophesying calamity should the reforms to the state’s endangered retirement system go into effect.
Troublesome provisions pertaining to procurement and budgeting have been axed since Loftis sent his letter. But more troubling aspects, such as lack of transparency, remain, according to Loftis.

A portion of the bill would wrest custodial authority from the treasurer’s office and place it in the hands of “unelected bureaucrats that will be unaccountable to the public, yet will have total control over the $30 billion pension fund, which currently has more than 400,000 participants,” Loftis said.That authority held by the treasurer’s office would move to the Public Employee Benefit Authority and the Retirement System Investment Commission.

“The same people that invest the funds, monitor the investments, report on the investments, and make bonuses and high salaries deriving from the investments will be the sole source for virtually all of the information available to the public,” said Loftis.

The result of the legislation will lead to higher taxes, higher employer and employee contributions, higher debt, less transparency and a genuine threat to the state’s triple AAA credit rating, which would have disastrous effects on future borrowing ability, Loftis warned.

“This bill will make it easier to hide poor performance, disguise the true financial condition of the system, which at present has a debt of over $18 billion,” Loftis said.

While Loftis rants against the bill, Bryant said he has asked Loftis’ office to provide information to back up his allegations.

Bryant said the reforms merely stem from suggestions in an audit by Michigan-based Funston Advisory Services, which specializes in analyzing public retirement systems

 

sc-treasurer-website-3

S.C. Treasurer tells voters to watch their money

Tuesday, October 1, 2013

From the Lake Wylie Pilot

S.C. Treasurer tells voters to watch their money
By John Marks

Curtis Loftis asked a Lake Wylie group on Friday for help watching their own money, beginning with the next month’s election.

The South Carolina treasurer’s message was clear during his talk at the Clover-Lake Wylie Republican Women’s Club meeting at River Hills Country Club: If state residents don’t demand answers on how their money is spent in Columbia, it’ll be wasted.

“Cronyism and corruption is more present in state government than I ever could have imagined,” said, “and it’s up to people like you to stop it.”

Loftis began in his current role in 2011. He’s vice chairman of the state’s Budget and Control Board, overseeing the state retirement system, insurance programs and a variety of other functions. He’s chairman of the Board of Financial Institutions, supervising mortgage originators and lenders, finance companies, payday lenders and others. He’s also investor for the Local Government Investment Pool and Future Scholar 529 Fund.

On Friday, he focused mainly on the $27 billion retirement investment fund, a pot of cash larger than the state’s operating budget. But Loftis said a lack of government transparency makes almost any line item vulnerable to abuse. He said his office travels twice as much and spends a third of what the previous administration did. Loftis touted his online calendar listing and asked the audience to demand that first-time and incumbent candidates list where they are when and what’s being spent.

“Why shouldn’t you know where I am, what I’m doing, who’s paying the bills and how much it costs?” he asked.

Peggy Upchurch, who introduced Loftis, said that type of commitment is needed in Columbia. “Curtis is the perfect example of what we need as an elected official,” she said, “a watchdog.”

A lack of accountability with public funds costs residents money but also roads, schools and other needs, Loftis said. It also is dangerous for his party, he told the largely Republican audience, since South Carolina generally is seen as a Republican state. If abuses in spending arise and light shines on them, the Republican Party could be seen as careless with public money.

But the main reason to ask more of politicians, Loftis said, is voters are the ones who earned the money in question. “Why wouldn’t you demand that?” he asked. “There is huge money, and it’s yours.”

Also speaking at the meeting was Philip Land, outreach director for U.S. Sen. Lindsey Graham. Land called for guests to take to social media in hopes of unseating red state Democrats, something he said could impact anything from subpoenas on Benghazi to the president’s health care implementation. He also told residents asking why they don’t see more of Graham in South Carolina that the senator is doing what voters picked him to do.

“You elected him to be your representative in Washington, D.C.,” Land said. “His full-time job is in Washington, D.C.”

http://www.lakewyliepilot.com/2013/10/01/2096844/sc-treasurer-tells-voters-to-watch.html

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About FREDERICA CADE

Most of the information you will see comes from some Federal/state Government documents or Federal/State Governm Agency. -----------------------------------------------The fellow that can only see a week ahead is always the popular fellow, for he is looking with the crowd. But the one that can see years ahead, he has a telescope but he can't make anybody believe that he has it. ~~~~Will Rogers __The woman who follows the crowd will usually go no further than the crowd. The woman who walks alone is likely to find herself in places no one has ever been before.~ Albert Einstein ~"I never work better than when I am inspired by anger; for when I am angry, I can write, pray, and preach well, for then my whole temperament is quickened, my understandingsharpen​ed, and all mundane vexations and temptations depart.” ~Dr. Martin Luther King Jr. _________________________________________________________________________________________ ~"The bosom of America is open to receive not only the Opulent and respectable Stranger, but the oppressed and persecuted of all Nations and Religions; whom we shall welcome to a participation of all our rights and privileges, if by decency and propriety of conduct they appear to merit the enjoyment".~___________________________________ George Washington, Address to the Members of the Volunteer Association of Ireland, December 2, 1783 Fredericacade@gmail.com

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