Thornton Revisited

Thornton Revisited? by George W. Liebmann   Baltimore Sun,  July 6, 2016 A Commission under the chairmanship of former University of Maryland Chancellor William Kirwan has been studying the ‘adequacy’ of financing of Maryland’s K-12 education system. Creation of the commission was provided for in 2002 ; it is carefully composed of only two designees […]

Expanding Distance Learning in Maryland Schools

Expanding Distance Learning in Maryland Schools   A Comparative Analysis of Distance Learning in Maryland and Other States   by Nicholas Schwaderer   Calvert Institute for Policy Research 8 West Hamilton Street Baltimore, Maryland 21201 Tel: (410) 752 5887                     Contents   1 MARYLAND ONLINE EDUCATION […]

Maryland’s Pension System has Performed Poorly for Decades

  www.baltimoresun.com/ Maryland’s pension system has performed poorly for decades under two separate treasurers By George W. Liebmann 2:09 PM EST, February 19, 2014 Advertisement   The state pension system is Maryland’s financial Achilles heel and has been for decades. All bond rating services have noted that rising pension debt endangers the state’s AAA bond […]

The problem with Obamacare

www.baltimoresun.com/news/opinion/oped/bs-ed-shutdown-obamacare-20131021,0,2335264.story baltimoresun.com The problem with Obamacare Neither party is willing to acknowledge — much less fix — the faults of an entitlement program that will only drive us deeper into debt By George Liebmann 5:03 PM EDT, October 21, 2013     Two narratives about the recent partial government shutdown are popular. The Obama administration […]

Pension Follies, Resumed

      Maryland has, just, preserved its AAA bond rating, though with a negative outlook from Moody’s. Moody’s has issued a publication reporting that Maryland is one of the ten worst states in terms of the burden of pension debt, Maryland’s pension obligations being almost exactly equal to one year’s gross revenues, 99.5% of […]

Mismanaged Maryland

    Mismanaged Maryland Despite talk of reforms and budget cuts, Annapolis dabbles in excessive borrowing, noncompetitive projects and risky investments   By George Liebmann6:00 a.m. EDT, March 11, 2013   There is a sharp disconnect between the image and reality of the O’Malley administration’s fiscal policies. The image features pension reforms, reduced structural deficits, […]

Federalism and Obamacare

    Federalism and Obamacare   by George Liebmann       The Supreme Court decision allowing ‘Obamacare’ to survive should not have   come as a surprise to anyone. Save where confiscatory legislation is involved, the   Constitution as it has been construed for at least the last 80 years imposes few   barriers […]

Maryland’s Mismanaged Pensions

      Questionable investment strategies could put state’s bond rating at risk   Comments 2 Share0   By George Liebmann12:34 p.m. EDT, July 9, 2012   There are serious clouds over the Maryland State Retirement and Pension System and the way the O’Malley administration has managed it. Consider the following: 1. The rate of […]

The O’Malley Fiscal Record

The O’Malley Fiscal Record   After five years, it is time to take stock of Governor O’Malley’s fiscal record. This may be done under several headings:   1. New Spending Initiatives   A. Employment Tax Credit   This $20 million “Job Creation and Recovery Act” credit was initially claimed with respect to only 1000 jobs, […]

Injecting Sense Into School Construction

  www.baltimoresun.com/news/opinion/oped/bs-ed-school-construction-20120301,0,1047591.story   State should not agree to commit vast sums over decades to a questionable building plan By George W. Liebmann 4:18 PM EST, March 1, 2012 Advertisement   On the important issue of school construction, Baltimore Mayor Stephanie Rawlings-Blake has displayed refreshing common sense by demonstrating skepticism about a vastly inflated — indeed […]