Comments for SD Wingnuts

Comment on New Year, New SDWingnuts.com by ManWithNoName ?

ManWithNoName ? — Thu, 01 Jan 2009 06:30:47 +0000

Mo, the voters of this great state decided, a few years ago, to let the state government invest these monies in securities that carry greater market risk, rather than the “safe” investments they had been in previously, in the hopes of greater returns.
They got the greater returns for a while, and they spent it, but now they are experiencing the results of the greater risk. Not only is there no earnings for spending, a large portion of principle is gone too. There is no money from these “savings accounts” to tap for the Governors spending spree wishes.
And NO, the money was not invested with Ponzi scheme guy. I assume you mean Social Security.

Comment on STOP BEING AFRAID! by MO

MO — Wed, 31 Dec 2008 23:31:47 +0000

The good book tells us that if we be prepared we need not fear. There are many ways to be prepared, physically, emotionally, spiritually. And I agree with Guy that we must not give in to government scare tactics. We need to ask questions, even if they sound stupid, and we need to demand answers that address the questions, not that try to smooth feathers.

Another thing we can do is get behind people willing to get involved, and support them in any and every way we possibly can. Be sure to make them accountable, too.

Comment on New Year, New SDWingnuts.com by MO

MO — Wed, 31 Dec 2008 23:26:04 +0000

Well, thanks Ning-wut for that info. But, Man With No Name says there has been loss of principle also. Am wondering how that could be unless that money was invested out with Ponzi scheme guy???

Comment on New Year, New SDWingnuts.com by ManWithNoName ?

ManWithNoName ? — Tue, 30 Dec 2008 06:36:27 +0000

It should be noted that there are substantial losses of principle as well.

Comment on New Year, New SDWingnuts.com by NING-WUT

NING-WUT — Sat, 27 Dec 2008 05:04:06 +0000

MO;

go to the dept of revenue on the state’s website, you can get all the revenue reports there. Banks took a hit so the bank franchise tax is down (I think) the interest from the trust funds has evaporated for this year as well,,,the constitution forbids touching the principal, on good years those funds provide alot of cream and gravy for spend happy politicians,,,,have fun (like me)

Comment on New Year, New SDWingnuts.com by MO

MO — Fri, 26 Dec 2008 16:12:55 +0000

I have a question for anyone out there with an answer or knowledge of the financial resources of South Dakota. Why is SD suddenly “poor”?

Gov Rounds started hinting about our financial condition over 6 months ago, and in his state of the state address to the new legislature laid it on hard that there is “no money” to do many of the programs that have been done in the past.

Now I have to ask: how can this be when we had one of the best agriculture production years ever, and the second largest industry, tourism, turned in another banner year. As for tourism, 2007’s stats show that it brought in just short of a billion dollars to the state. So why are we now “poor”?

I asked a newby legislator the question and his response was fuzzy, but indicated that many governmental departments had slush funds (unaccounted for dollars going out) in excess of 20% of their total budget. What is going on?

Comment on New Year, New SDWingnuts.com by Gid

Gid — Fri, 26 Dec 2008 07:04:20 +0000

My sources tell me he narrowly escaped capture, but vowed to never blog again if the Lord spared him this once.

Comment on New Year, New SDWingnuts.com by ManWithNoName ?

ManWithNoName ? — Fri, 26 Dec 2008 06:28:20 +0000

That’s a nice Christmas present, glad to hear it! We were wondering if BOs’ people, from the Office of the President Elect, came and took Guy away to that new Fairness Doctrine Reeducation Camp and was now under the tutelage of Headmaster Bill Ayres. Now we know he’s OK.
Good conservative blogs with different perspectives help us cover all the bases. Thanks, Gid

Comment on Guy’s Prediction for Secretary Of Agriculture. by ManWithNoName ?

ManWithNoName ? — Thu, 18 Dec 2008 21:51:09 +0000

Well, looks like it’s Vilsack. Good call though.

Comment on A Trillion Sound like a LOT! by ManWithNoName ?

ManWithNoName ? — Wed, 03 Dec 2008 08:02:30 +0000

The bigger trouble here is that it’s PLURAL!