Flandreau’s pot partner has SEC cautioning “substantial doubt over its ability to continue as a going concern.”

It looks like the Flandreau Santee Sioux Tribes dreams of being a haven for drugs illegal elsewhere in South Dakota might be going up in smoke as their partner in the venture might not be on the most solid financial footing:

…documents filed by Colorado-based Monarch America Inc. with the Securities and Exchange Commission show its auditor has raised “substantial doubt” over its ability to continue as a going concern, with management estimating it needs more than $2.5 million in revenue by the end of March to stay afloat.

Flandreau Santee Sioux President Anthony Reider told The Associated Press that tribal officials knew of Monarch’s financial challenges but chose it because the company was willing to sign a short-term deal and sought a smaller share of profits than other consulting firms.

“Obviously, it raised a red flag,” Reider said of the SEC filings. “But … there are so many people in the industry that would be able to step in and help in the event that they were to close.”

Monarch CEO Eric Hagen said in an interview that efforts to raise the revenue are going “very well,” but wouldn’t elaborate. He downplayed Monarch’s financial challenges, saying the company is “in a good position currently.”


Construction began this week and marijuana cultivation is expected to start in October, with the tribe hoping to have product ready for sale in December.

Read it all here.

Noem, Thune Announce Legislation to Protect Tribes from Costly Employer Mandate

Noem, Thune Announce Legislation to Protect Tribes from Costly Employer Mandate

WASHINGTON, D.C. — Rep. Kristi Noem (R-S.D.) and Sen. John Thune (R-S.D.), along with Sen. Steve Daines (R-MT) and Rep. Ryan Zinke (R-MT), today announced the introduction of legislation to protect Native American tribes from the Affordable Care Act’s costly employer mandate.  The Tribal Employment and Jobs Protection Act, which was introduced today in the Senate and House, will exempt tribes and tribal employers from Obamacare’s employer mandate. This legislation would prevent massive fines that tribal employers would incur under Obamacare’s employer mandate.

kristi noem headshot May 21 2014“The employer mandate within the President’s health care law is unaffordable for South Dakota tribes.  Moreover, it is unnecessary, given the federal government already has the responsibility of providing healthcare for tribal members,” said Noem.  “Without the relief granted by the Tribal Employment and Jobs Protection Act, tribal governments could be required to cut important services while tribally-owned businesses could be forced to cut jobs.  I’m hopeful this burden created by an ill-constructed law can soon be lifted.”

“While I believe all Americans should receive an exemption from Obamacare’s individual and employer mandates, it seems illogical that Obamacare exempts members of federally recognized tribes from the individual mandate’s penalty, but requires tribal governments to comply with the law’s employer mandate,” John_Thune,_official_portrait,_111th_Congresssaid Thune. “In South Dakota, tribes often serve as the primary employer of their community members. This mandate would have a significant negative impact on tribes and tribal citizens by diverting much-needed valuable resources away from economic development and important programs toward this burdensome law.”

South Dakota’s Rosebud Sioux Tribe has endorsed the Tribal Employment and Jobs Protection Act, saying: “Forced compliance with the Employer Shared Responsibility Payment provision … could prove to be financially devastating for the Rosebud Sioux Tribe.  With over 800 employees, estimates show that compliance with this mandate could possibly cost the Rosebud Sioux Tribe in excess of six million dollars annually….  Passage of the Tribal Employment and Jobs Protection Act will provide the Rosebud Sioux Tribe with relief from this financially debilitating provision of the Affordable Care Act.  The Rosebud Sioux Tribe fully supports and humbly requests support from members of the United States House of Representatives and United States Senate in passage of the Tribal Employment and Jobs Protection Act.”  To view a fully copy of the Rosebud Sioux Tribe statement, please click here.

Additionally, National Indian Health Board Executive Director Stacy A. Bohlen said, “On behalf of the 567 federally-recognized Tribes we serve, I am excited to see this vital piece of legislation introduced.  The federal trust responsibility to the Tribes requires the federal government to provide healthcare for American Indians and Alaska Natives.  The Employer mandate of the Affordable Care Act is simply unaffordable for many Tribes who will cut essential government services to pay this obligation.  The employer mandate on Tribal employers contradicts not only the trust responsibility, but provisions in the Affordable Care Act which exempt American Indians and Alaska Natives from the individual mandate. Thank you to Senator Daines and Congresswoman Noem for introducing this critical bill.”

The legislation is also supported by the Great Plains Tribal Chairmen’s Health Board, which represents tribes in South Dakota, North Dakota, Nebraska, and Iowa.  You may view their resolution here.

The full text of the legislation can be found here.


Noem posts 1.2 million cash on hand in latest report.

kristi noem headshot May 21 2014Wasn’t there allegedly going to be an opponent for Congresswoman Kristi Noem? We’d all heard the rumors.

But as the days go by, and we hear crickets from the Dems, Kristi’s war chest for the next election just keeps getting better & better, dimming the possibility of any opponents remotely resembling anything credible.

Because today, Noem just posted that she raised over $295k this quarter – providing her with 1.2 million cash on hand.

That’s a heck of a hole to dig out of for any candidate. Much less one that hasn’t announced yet.

KSFY interviews Boz. Posits that her Community service at Pine Ridge seems a bit ….planned.

Well. KSFY interviews Annette Bosworth tonight. 

It’s an Annette Bosworth who seems a bit hesitant to take responsibility for her actions, using the same old talking points we know so well.

But it is funny that the reporter doesn’t seem to be buying it, and speculates that her community service seems a bit…. convenient.

But Bosworth meeting with Pine Ridge officials about working here before her trial began and then ending up here following her trial to serve community service makes it appear this was planned.

So I asked Bosworth point blank…was it planned? Did she see this an opportunity…with the backing of a Native American tribe… to keep her medical license if the state tried to take it following the trial? This is how she answered that question. “I can have no money. i can have no form of income. I can be here serving the poorest of people and they’ll say its an opportunity. I mean…..how ironic.”


But I asked her isn’t it possible she was prosecuted….simply because she broke the law? “I know it now. I know I have 12 felonies because a mistake was made….absolutely. I get it that. I’m the leader and I am the one holding the bag. But did I intentionally sign an oath that I knew was wrong? No.”

Read the opposite of Annette taking responsibility here.

Thune Statement on Conclusion of Iran Negotiations

Thune Statement on Conclusion of Iran Negotiations

“… I am gravely concerned that the world’s leading state sponsor of terrorism will soon have access to billions of dollars … to finance its campaign for increased regional influence.”

WASHINGTON, D.C.—U.S. Sen. John Thune (R-S.D.) issued the following statement regarding the nuclear agreement with Iran announced today:

“Now that a deal has been struck, the onus is on President Obama to convince the American people that the contents of this deal are beneficial to the safety and security of our nation. I look forward to further reviewing details of the agreement, but I am deeply skeptical that it will stop Iran from acquiring a nuclear weapon, and I am gravely concerned that the world’s leading state sponsor of terrorism will soon have access to billions of dollars and other resources to finance its campaign for increased regional influence.

“Over the past several weeks, there has been bipartisan concern that the administration was making too many concessions for the sake of getting a deal. Unfortunately, those concerns appear to be validated by the agreement announced today. It is extremely disconcerting that even before hearing input from Congress, the president has already stated he will veto any bill that threatens this agreement.”


Apparently the other four things are “We’re just making stuff up.”


In case you didn’t catch this hot item from a dark musty corner of the Internet:

5 Things You Didn’t Know About the Annette Bosworth Case

On July 1, 2015, former U.S. Senate Candidate was sentenced to 24 years in the state penitentiary to run concurrently, the harshest sentence ever leveled at a candidate.

Read it here.

28 years in the pen? Er, yeah. No wonder no one has ever heard of the Women’s Party.

(…..After that….. Must resist joke that would earn me an arm punch from my daughters….)

South Dakota Marks Fourth Consecutive FiscalYear End With Surplus

South Dakota Marks Fourth Consecutive Fiscal Year End With Surplus
PIERRE, S.D. – South Dakota state government closed the 2015 budget year on June 30 marking the fourth consecutive year with a surplus, Gov. Dennis Daugaard announced today. The state general fund budget for Fiscal Year 2015 ended with both higher revenues and lower expenditures than budgeted. 

Revenue growth for the completed 2015 fiscal year exceeded estimates adopted by the Legislature last March by $10 million, or 0.71 percent. In addition, state agencies also demonstrated fiscal restraint, spending $11.5 million less than appropriated, or 0.84 percent. In total, the state’s financial picture improved by $21.5 million from the March fiscal year 2015 estimates.

“When I took office, balancing the budget was my number one priority. Now, for four years in a row, we have maintained structural balance in our budget and we’ve done so without using one-time revenues or rainy day funds,” said Gov. Daugaard. “We had a strong finish to the fiscal year. Our ongoing revenues came in higher than projected and our expenses came in lower than budgeted. This leaves us in an enviable position as we begin the new fiscal year and increases our ability to continue responsible budget practices for Fiscal Year 2016.”

South Dakota’s sales and use tax receipts, the state’s largest revenue source, finished the fiscal year right at the projections, growing 0.03 percent over the revised projections and 1.6 percent over last year’s levels. Collections from the sales and use tax accounted for 61 percent of ongoing general fund receipts in FY2015.

Other notable revenue increases came from the contractor’s excise tax and insurance company tax, which grew 10.7 percent and 6.5 percent, respectively, over FY2014. Notable revenue reductions include the bank franchise tax, declining 20.4 percent , and ongoing unclaimed property at 11.5 percent, compared to the prior year. Ongoing receipts to the general fund totaled $1,381,384,943, which combined with nonrecurring receipts of $36,404,005 yields total general fund receipts of $1,417,788,948.  

State agencies again remained within their appropriated budgets in FY2015. Collectively, the three branches of state government spent $11,535,637 less than appropriated. The lion’s share of this – over $5.1 million – was seen in the Department of Social Services, where utilization growth in Medicaid has remained lower than estimates. Another $5 million of unspent appropriation was by the Department of Education, where reduced enrollments and increased tax assessments provided savings to general funds during the FY2015 fiscal year. 

South Dakota state government ended FY2015 by transferring $21.5 million to the Budget Reserve Fund, as required by law. The state’s Budget Reserve Fund now has a $126,737,303 balance, and the Property Tax Reduction Fund which has transitioned to the General Revenue Replacement Fund has a $44,000,048 balance. 

The combination of those two funds, totaling $170,737,351, represents a combined reserve of 12.3 percent of total general fund spending for FY2015.

For more information, go to the Bureau of Finance and Management’s homepage at bfm.sd.gov.


State Representative Tim Rounds suffers stroke

Sad news from the Capital Journal, apparently State Representative Tim Rounds has taken ill, suffering a stroke:

State Rep. Tim Rounds is hospitalized after suffering what was apparently a stroke, sources said Sunday.

“That’s what we have been praying about all weekend,” one legislator told the Capital Journal.

But the family and some legislative members of the Republican legislator, who is 55, have kept the news pretty low-key. More than one Pierre area party leader hadn’t heard yet Sunday about Rounds’ hospitalization.

Rounds is from a big family. One of his 10 siblings is his older brother, U.S. Sen. Mike Rounds, R-S.D.

Read it all here in the Capital Journal.

Scary stuff. I just saw Tim a few weeks ago in DC, where he was visiting at the same time I was. Please keep he and his family in your prayers.

Daugaard on Special Session proposal – most will want to wait.

Governor Daugaard was just noting on KCCR radio that he doesn’t think a special session is going to happen, simply because the Blue Ribbon task force is only part-way done:

South Dakota Governor Dennis Daugaard says while he respects the ability of state legislators to call themselves into a special session, he doubts it will happen.


Daugaard says he doesn’t think there is a consensus on any approach to education funding…

Daugaard says he thinks most legislators want to wait and see what the “Blue Ribbon Task Force on Education” comes up with…

Read (and listen) to it all here.