From the daily archives:

Friday, October 23, 2009

Governor Mark Sanford’s name is mentioned in the new edition of Newsweek, but it’s not what you might think. 

The Governor wrote a three-page article on the late Russian novelist Ayn Rand, including a review of Anne Heller’s book, “Ayn Rand and the World She Made.” Rand, a philosopher who has long been a favorite of fiscal conservatives, emphasized the power and importance of the individual, especially an individual unhindered by government or society.

Sanford says he believes that many people recognize Rand’s truth, that government does not know best. Sanford writes that those in power in Washington or in Columbia, South Carolina, often lead themselves to believe that the prosperity of citizens depends on their wisdom but Sanford asserts that it doesn’t and writes that the prosperity and opportunity that citizens enjoy comes ultimately from the creative energies of those in business and inventors. But Sanford doesn’t hesitate to express criticism of Rand’s extreme views, saying that there is a role for a limited government to protect human rights.

Read Sanford’s article here.

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Santee Cooper approves bond issue

by Ashley Byrd 10/23/09 4:10 PM

The Santee Cooper Board of Directors approved Friday the sale of $424,570,000 in refunding and new money bonds. The bond issue, passed in a special board meeting, includes $39,725,000 tax-exempt refunding Series D bonds, $284,845,000 2009 tax-exempt Series E bonds, and $100,000,000 2009 taxable Series F bonds. The issue gained AA from Fitch Ratings, an [...]

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Future of SC forestry industry examined this week

by Ashley Byrd 10/23/09 3:54 PM

The South Carolina Forestry Commission says they have scheduled a first-of-its-kind conference to tackle future use of forests in South Carolina. This Wednesday more than four dozen leaders from government, academia, and the timber and forest products industries are scheduled to meet in Columbia
The meeting is slated to address the future of forestry–the state’s #1 [...]

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Project Seahawk funding renewed

by William Christopher 10/23/09 3:51 PM

Charleston officials and those at the Ports Authority have a lot to be happy about. For one, Maersk Line, which accounts for a major chunk of the ports business and last year announced that it was leaving the Port of Charleston, has done an about face and agreed to a new deal with the port. [...]

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Bauer plans to run as governor stays

by Michael Brown 10/23/09 1:26 PM

South Carolina Lt. Governor Andre Bauer says he plans to announce his own bid to run for governor in the very near future. Bauer has not yet officially announced his gubernatorial bid for the 2010 governor’s race because he was waiting to see if Governor Mark Sanford was going to take Bauer up on his [...]

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