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The financial resuce bill which was introduced in the House today represents a compromise that was negotiated between the Rebublican and Democratic leadership and which addresses most of the objections to the administration bill which I raised here earlier. Well, we saw more clowns today in the House vote on the financial rescue bill. While [...] The Federal Election Commission posted the August fundraising reports from the presidential candidates and, at least here in Maryland, it's not really much of a horserace. Let's go to the numbers. Statewide, McCain has raised $2,475,320 from Marylanders through the end of August – certainly an impressive sum. Obama, on the other hand, has raised $10,198,452 [...] I have to depart today from my usual practice of focusing on Maryland politics and issues to comment on the financial debacle unfolding in Washington and New York. Once again the taxpayers and citizens are being taken for a ride by the Paulson, Bernanke, Bush and the other clowns who pretend to manage the economy. Let's [...] Unemployment in Maryland increased again last month. And while we don't have unemployed standing in bread lines as shown in this 1910 photo, things could be better. According to the Labor Department, unemployment in Maryland increased to 4.5 % from 4.3% in July. The increase in unemployment came despite an increase in overall employment of 1,800 [...] The Maryland state budget is facing a shortfall and it's not just pennies, nickels and dimes, either. According to the latest estimates, revenue in this fiscal year will be $432 million below projections and next year could see a $1 billion shortfall. The shortfall reflects economic conditions in Maryland that are less rosy than originally [...] Recent incidents on the Chesapeake Bay Bridge have renewed interest in an additional bridge to ease traffic congestion and provide an alternative route between Maryland's Western and Eastern Shores. There are really only two problems holding back the construction of a third span – money and political will. The first bridge was completed in 1952 and [...] Many people are expressing surprise that Republican representative Wayne Gilchrest has endorsed Democrat Andy Kratovil to succeed him in representing Maryland's First District, but it doesn't surprise me because this race is not about party politics. Andy Harris, you see, is one of a few individuals hand-picked by the 'Club For Growth' to represent wealthy people in the [...] |
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