Friday, November 7, 2008

Cut taxes, attract investors

http://www.baltimoreexaminer.com/opinion/Social_delusions.html

Social delusions
By Baltimore Examiner Newspaper
We’re richer! We’re bigger! We’re better than ever! according to a new study. Pshaw.
Sounds like the researchers from Washington-based Social Compact were taking too many anti-depressants.
They found that Baltimore City neighborhoods have $1.2 billion more in total neighborhood income and that the population is 663,717 -- about 7 percent higher than traditional market estimates. Don’t get us wrong. We love this city. But we trade in facts, not delusions.

Click or copy and paste link to read the whole thing.

Cut taxes, attract investors

http://www.baltimoreexaminer.com/opinion/Social_delusions.html

Social delusions
By Baltimore Examiner Newspaper
We’re richer! We’re bigger! We’re better than ever! according to a new study. Pshaw.
Sounds like the researchers from Washington-based Social Compact were taking too many anti-depressants.
They found that Baltimore City neighborhoods have $1.2 billion more in total neighborhood income and that the population is 663,717 -- about 7 percent higher than traditional market estimates. Don’t get us wrong. We love this city. But we trade in facts, not delusions.

Click or copy and paste link to read the whole thing.

Wednesday, September 24, 2008

Public pension panic

http://www.baltimoreexaminer.com/opinion/Public_pension_panic.html

Public pension panic

By The Baltimore Examiner Newspaper
- 9/21/08


It’s pension panic time. Panic early. Panic often. Demand reform. Public employees must take control of their financial destinies.

Politicians have made promises they never can keep. They and the union bosses who fleece workers don’t have to worry about it because they figured by the time the inexorable mill of reality turns up their deceit, it all will be somebody else’s problem.
They counted on being long gone with millions – maybe billions. Well, the day of reckoning arrived a little earlier than they anticipated.

Why state and municipal workers are not up in arms about it is anybody’s guess, but they and taxpayers must prepare for a battle for survival.

Even before the financial Apocalypse last week, total retirement benefits for Maryland’s public employees were underfunded by at least $45 billion. ... CLICK TO READ IT ALL