From the daily archives:

Tuesday, August 25, 2009

President Obama announced Tuesday that he wants to keep Ben Bernanke as Federal Reserve Chairman. Bernanke is a South Carolina native who lived in Dillon County.

USC Assistant Professor of Economics William Hauk says it’s a good idea. “He’s in a very good position to address what we’re going through. Previously he was an economics professor, and his main area of interest was what happened to the American financial system during the Great Depression. And I think given the hand he was dealt, he has done a pretty good job so far.” [click to continue…]

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McMaster releases economic plan

by William Christopher 08/25/09 8:27 PM

Henry McMaster, now a candidate for governor, revealed his economic plan Tuesday. The South Carolina Attorney General calls it his “Path to Prosperity.””We have what we need to enter the knowledge-based economy, to build on the industries we have, to let government help them, and get out of the way when necessary,” said McMaster.
McMaster’s plan [...]

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State, national SAT scores drop, SC #1 in improvement

by Ashley Byrd 08/25/09 7:10 PM

SAT scores dropped nationwide this past year –and South Carolina’s scores did, too. State Education Superintendant Jim Rex says,”The scores dropped across the board. It dropped in our public schools–last year’s seniors who took the SAT—by about six points and our private schools dropped by about 22 points from the previous year,” says Rex.More South [...]

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Lottery winner says big win won’t change him

by William Christopher 08/25/09 6:03 PM

Columbia resident Solomon Jackson, Jr. has come forward to claim his lottery prize–$259,900,000. Lottery Director Paula Harper Bethea made the announcement Tuesday, saying that Jackson had worked hard all his life and was extremely deserving of the honor.
Lottery winner says he was just buying a ticket to support education.
The Department of Revenue retiree wouldn’t say [...]

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SC considering offshore drilling

by Michael Brown 08/25/09 3:38 PM

A South Carolina panel is expected to ask for offshore drilling for the state. Senator Paul Campbell of Berkeley County is recommending a request for a federal agency to allow South Carolina to be a part of a five-year off-shore drilling plan.
The Post and Courier of Charleston reports the recommendation by Campbell says drilling has [...]

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