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 […]

Foreclosures: The Chickens Come Home to Roost

The O’Malley administration’s response to the real estate crash in 2008 was a characteristic one: kicking the can down the road. Lenders were blamed; foreclosure attorneys were blamed; everything was done to obscure the fact that many if not most of inner-city loans should not have been made in the first place, were frequently made […]

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, […]

Role of the Attorney General

Captain of the Black Sox   One of the more curious and notable decisions rendered by the Maryland Court of Appeals in recent years is its short opinion in Ports v. Cowan, 426 Md.435 (2012) holding that Maryland, notwithstanding that it had an as yet unrepealed statute and public policy declaring marriage to be between […]

Licensing in Maryland

Free Enterprise, Maryland Style   Nearly fifty years ago, the present writer served as counsel to the Maryland Home Improvement Commission, an administrative agency which had just been immortalized in Barry Levinson’s The Tin Men. The agency then functioned under a statute that was more a self-certification than licensing statute. To obtain a license required […]

Teacher Certification in Maryland

Maryland’s Protective Tariff Against Teachers   In 2011, Maryland colleges produced 2897 graduates from state-approved teacher education programs, out of 28701 new Maryland college graduates (Maryland Higher Education Report, 2011, p.17). Barely 10% of Maryland’s college graduates are thus eligible for regular certification as teachers in Maryland’s public schools. The regulations governing approved teacher education […]

Maryland and Distance Learning

Strangled in its Cradle Morality, it is said, is what you do when no one is looking. To assess the morality of the O’Malley administration and its favored clients, the teachers’ unions, it is appropriate to look at an obscure enactment, passed and signed ‘under the radar screen’, Chapter 288 of the Acts of 2012. […]

Switzerland in America

  George Liebmann: Switzerland in America Gazette Newspapers, November 2, 2012 The ballot referendums are important since two cure-alls of the 1970s, campaign finance “reform” and strict reapportionment, have delivered the legislature to reliable partisans and ‘bundlers” of campaign contributions. Referendums have served the Swiss well. The casino bill and congressional redistricting reflect the culture […]

Marylanders Get A Taste of Veto Democracy

      Marylanders get a taste of veto democracy Referendums allow voters to check Annapolis’ excesses               0   By George Liebmann 1:21 p.m. EDT, October 30, 2012   Marylanders will soon have an opportunity common in a country other than their own: the right to veto a legislature’s product. […]