Post Tagged with: "SC State Government"

Curtis Loftis Speaks Out

May 30, 2016 5:06 AM
Curtis M. Loftis Jr., South Carolina’s treasurer, has pushed to learn more about private equity fees. Credit Dale W. Ferrell for The New York Times

Below is a post by SC Treasurer Curtis Loftis. In it, Loftis describes the oligarchy that is South Carolina state government.

This oligarchy has been the tradition in South Carolina since there has been a state government. This one-party government, controlled behind the scenes by a few rich donors, causes all of the problems that we face in the state today.

South Carolina is now a Republican state. For over a century, it was a Democratic state. However, the party labels mean nothing – the politics in the state have never changed.

In most instances, those that are Republicans today come from families where the fathers and mothers were Democrats 50 years ago.

Party affiliation means nothing when it comes to philosophy of governing. It’s all about getting elected and staying elected. Nothing else matters to most of our politicians.

And to do that, these same politicians must line up and swear blood oaths to the ruling powers behind the scenes.

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By Curtis Loftis

I ran for office and was elected on the sole purpose of reform.

I’ve found, after 6 years of battling the system, that there is no “infrastructure” for change. The levers of power are managed by and tilted in favor of a status quo that is controlled by a handful of people.

To move an issue that results in meaningful change is almost impossible unless there is a calamity of some sort such as a natural disaster or mass shooting.

The system is rigged in favor of a small number of powerful people and their rich cronies that control our government.

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