Posts Tagged ‘fiscal imprudence’

Gov. O’Malley, Constitutionally illiterate

9 March 2009

by Nathan P. Origer, executive editor

From today’s Washington Post:

For many months, because of federal inaction, the states acted alone to combat the rising tide of foreclosures across our nation. The plan recently announced by President Obama is a welcome effort that will help keep families in their homes. As critical details are worked out, it would be useful for federal leaders to look to the experience of states in crafting solutions.

Put the original Articles of the Constitution under your microscope: You’ll find no mention of a Federal right, let alone responsibility, to take action to “keep families in their homes.” Read, then, the Tenth Amendment:

The powers not delegated to the United States by the Constitution, nor prohibited by it to the States, are reserved to the States respectively, or to the people.

[My emphases. – NPO]

Federal leaders should not “look to the experience of states in crafting solutions;” if truly they are leaders, they will leave the task of crafting solutions to the states, where lie both right and responsibility, per the Constitution, and ability, rooted in the states’ — and municipalities’ — governments’ proximity to the specific problems homeowners in their jurisdictions face. A governor possessed of more sense than this halfwit, who believes that spending fifty-seven million dollars on land preservation (itself not a bad idea; at the roots of “conservation” and “conservative” both is the same word, “conserve”) while his state’s budget is in such disarray that he has pushed successfully for state-employee furloughs, would abjure Federal intervention because of the obvious ineptitude of Washington, as well as the Constitutional issues at hand. If only!


A desperate (mis-)man(aged state): Maryland and Slots

10 September 2008

From the Tuesday, 9 September Washington Post:

First, Comptroller Peter Franchot, an ardent slots opponent, told the Committee for Montgomery yesterday that revenue projections his office will release today for the upcoming two fiscal years “will offer a sobering window into the condition of the Maryland economy.” He criticized the administration of fellow Democrat Gov. Martin O’Malley for pushing a “record tax hike” last year and said slots will only worsen the state’s budget problems with increased crime, “traffic, corruption, addictions and bankruptcies.”


A state panel yesterday recommended that Maryland’s debt capacity edge up to allow more borrowing for roads, schools and other construction projects as tax collections are projected to drop this year.

[My emphasis. – NPO]

From our friends, on campus, at the Diamondback:

The university could face mid-year budget cuts because of the weakening economy, university President Dan Mote said.

The state Board of Revenue Estimates lowered its revenue projections for the current fiscal year by $432 million yesterday, creating a $195 million dollar gap between projected spending and revenue figures and prompting Democratic Gov. Martin O’Malley to say in a news release the state would have to cut the budget by “hundreds of millions.”

The sharp drop in projected revenue is primarily because of a softening economy, which is causing the state to collect less from sales and income taxes.

What else do we learn from the Post?

Maryland Gov. Martin O’Malley (D) has seen a rebound in his job approval numbers while support for a key initiative of his, the legalization of slot-machine gambling, has slipped some, according to a new poll.

Forty-five percent of likely voters approve of the job O’Malley is doing, while 35 percent disapprove and 20 percent have no opinion in a poll by Gonzales Research & Marketing.

Those are much better numbers than March, when O’Malley seemed to still be suffering from a special session of the legislature last year in which taxes were raised by nearly $1.4 billion. O’Malley’s job approval rating has climbed by 8 percentage points since March, while the percentage who disapprove has fallen by 13 points. He has benefited from better ratings from fellow Democrats and from independents.

I can’t quite decide where to start muddling through all of this. The state is already under financial duress, with its flagship University expecting a substantial shortfall, and, yet, the following are so.

Read more.

Pages: 1 2