May 17, 2012

Watchdog group critical of governors association meetings (Audio)

Governor Mark Sanford attended a meeting of the National Governor’s Association over the weekend in the nation’s capital, through Monday. He flew there on the state plane. Spokesman Ben Fox told The State newspaper that his registration and hotel cost $1,150.

Also on that trip the governor was scheduled to meet with President Obama, and speak with other governors about the Yucca Mountain issue, on Obama’s plans not to open the nuclear waste facility. Sanford was also slated to participate in a panel discussion on surface transportation including public-private partnership models.

Even though South Carolina governors and those across the country have attended such meetings for many years, some governors have begun to question the cost of governors associations. South Carolina currently owes $106,000 in dues to the National Governor’s Association.

The state Ethics Commission has not found fault with Sanford’s trips to similar meetings.

But John Crangle, a college professor of political science and attorney with the watchdog group Common Cause, does question the legitimacy of such trips by any governor.

[Read more...]

Credit card laws change today (Audio)

Officials say relief has arrived for credit card users. It’s part of President Obama’s Credit Card Act passed last year.

Brandolyn Pinkston, director of the South Carolina Department of Consumer Affairs says that the change affects retroactive interest rate increases for late payments and other reasons.  Pinkston says it means that cards can no longer use the contract clause “rates are subject to change at any time for any reason.”

As of Monday, rules make it harder for card companies to blanket college campuses to promote their product, and for students to prove they’re worthy of credit.

Pinkston says there is now a ban on “universal default” clauses. 

It puts an end to penalties on consumers who are late on other credit card payments.  That Universal default clause, usually buried in your contract, said if you were late on any card that your interest rate could shoot up.  And your credit score would be damaged.

(Pinkston on credit cards  MP3   2:08)
Pinkston on Credit Cards MP3

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Voices from the Statehouse (Audio)

William Christopher looks at this past week in the South Carolina legislature. The House was back in session after a week’s furlough, and they were busy…

(Voices from the Statehouse  Mp3  1:49)
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(This is a regular political feature of the South Carolina Radio Network.)

Charleston plantation up for sale, College of Charleston backs out

A historic Charleston plantation is up for sale after the College of Charleston backs out of its agreement. In October of last year, the College of Charleston Foundation and the Historic Charleston Foundation signed an Agreement of Purchase and Sale for the McLeod Plantation on James Island.

Since then, the College of Charleston has withdrawn from the proposed purchase. College officials backed out of the agreement after hearing from the community. After that, the College said it could not justify the costs they would spend on purchasing, preserving and maintaining the land. Trustees at the Historic Charleston Foundation are now preparing a Request for Proposal for the 40-acre McLeod Plantation. The property has recently been praised for $4 million. The plantation consists of 19th century houses, slave cabins and a barn.