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Thread: MD in debt, legislature passes a $1,119,424,000 capital budget, 2.5 million....

  1. #1
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    Default MD in debt, legislature passes a $1,119,424,000 capital budget, 2.5 million....

    ....is coming to Baltimore City. Senate Bill 151 which has been passed and enrolled authorizes:
    the creation of a State Debt in the amount of $1,119,424,000, the proceeds to be used for specified necessary building, construction, demolition, planning, renovation, conversion, replacement, and capital equipment purchases of the State, for acquiring specified real estate in connection therewith, and for grants to specified subdivisions and other organizations for specified development and improvement purposes, subject to specified matching fund requirements by specified dates; etc.
    : http://mlis.state.md.us/2012rs/billfile/sb0151.htm

    and $2.5 million of that $1,119,424,000 is allocated to Baltimore City for its convention center, page 22 of SB 151:

    (D) Baltimore City Convention Center. Provide a grant to the Maryland Stadium Authority to assist in the preliminary design of an expansion to the Baltimore City Convention Center, provided that no funds may be expended until a Memorandum of Understanding (MOU) between the Department of Budget and Management, the City of Baltimore, and the private developer is submitted to the budget committees. The MOU shall include preliminary agreements between the parties regarding the management and ownership structure of the convention center complex project, including the proposed hotel and arena. The MOU shall also include the preliminary financial commitments of each party and preliminary expectations for the cost–sharing between the State and the City of Baltimore. The budget committees shall have 45 days from the receipt of the MOU to review and comment (Baltimore City) ........................................ $2,500,000
    Baltimore Business Journal regarding the approval of $2.5 million for the Baltimore Convention Center: http://www.bizjournals.com/baltimore...er-design.html

  2. #2
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    Anyone agrees with this??? I sure don't seeing our state AND Baltimore City is in the red.

  3. #3
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    There is a matter of $70 million to deal with yet before the budget is balanced. It ain't over till they sing the blues.

  4. #4

    Angry Do you think this budget shortfall has anything to do with this?

    If you don't want to read the whole expose'- it is lenghy but well researched and FACTUAL (despite what the ACORN/O'Malley lovers say)
    You really MUST scroll down to the WELFARE FRAUD- Paulette Faulkner firing because she was a whistle blower- she worked as an authorizer in Montgomery \ county for the state and blew the whistle on fraud. O'Malley fired her. People like Mitchum, etc can try and defend and spin this all they want- but there SIMPLY IS NO DEFENSE. I know this lady and she is not a liar. She was a victim. Very sad story. BTW- I know Jim Simpson and he is not a liar either.

    we have ONE CORRUPT STATE- TAKE A GANDER AT THIS WON'T YOU? Oh, documents are linked for your viewing:

    "Between August 2003 and March 2007, the State of Maryland’s Office of Legislative Audits conducted an in-depth audit of the Family Investment Administration (FIA) of Maryland’s Department of Human Resources (DHR).40 The audit found glaring problems; among other things, in 2006 alone, approximately 52,000 public assistance recipients had invalid or non-existent Social Security numbers. However, “shortcomings” were identified, “solutions” proposed and implemented. Problems solved!

    Fast forward to 2009.
    Paulette Faulkner has been a benefits administrator for most of her professional career. In 2009, she took a job with Montgomery County’s Office of Child Support Enforcement. Paulette is a lifelong Democrat."

    CASA de Maryland: The Illegals’ ACORN by James Simpson- Accuracy in Media

    [http://www.aim.org/special-report/ca...rants-acorn//]
    Last edited by Virginia Poe; 04-18-2012 at 11:30 AM.

  5. #5
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    Medicare fraud is just as bad here. But like welfare fraud, it's a known fact yet nothing is done. Why? You be the judge.

    Debt? What debt? Tax and spend.

  6. #6
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    The Congressional Budget Office said Thursday that 45 million people in 2011 received Supplemental Nutrition Assistance Program benefits, a 70% increase from 2007. It said the number of people receiving the benefits, commonly known as food stamps, would continue growing until 2014.

    http://blogs.wsj.com/economics/2012/...says/?mod=e2tw

  7. #7
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    Quote Originally Posted by ybnormal View Post
    The Congressional Budget Office said Thursday that 45 million people in 2011 received Supplemental Nutrition Assistance Program benefits, a 70% increase from 2007. It said the number of people receiving the benefits, commonly known as food stamps, would continue growing until 2014.

    http://blogs.wsj.com/economics/2012/...says/?mod=e2tw

    It time to buy stock in Pringles, Utz, and Popsicles!!!

  8. #8
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    Ocean City's convention center is getting 2.2 million dollars for an expansion too:

    MARYLAND STADIUM AUTHORITY
    3 (A) Ocean City Convention Center Expansion. Provide funds to design, construct, and equip an expansion to the Ocean City Convention Center, provided that the Town of Ocean City provide a matching fund in the amount of $2,200,000 for this purpose. Further provided that notwithstanding Section 6 of this Act, work may commence on this project prior to appropriation of all the funds necessary to complete this project. These funds shall be administered in accordance with §§ 10–643 and 10–655 of the Economic Development Article (Worcester County) .............
    http://www.mdstad.com/content/view/88/124/

  9. #9
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    Quote Originally Posted by Virginia Poe View Post
    If you don't want to read the whole expose'- it is lenghy but well researched and FACTUAL (despite what the ACORN/O'Malley lovers say)
    You really MUST scroll down to the WELFARE FRAUD- Paulette Faulkner firing because she was a whistle blower- she worked as an authorizer in Montgomery \ county for the state and blew the whistle on fraud. O'Malley fired her. People like Mitchum, etc can try and defend and spin this all they want- but there SIMPLY IS NO DEFENSE. I know this lady and she is not a liar. She was a victim. Very sad story. BTW- I know Jim Simpson and he is not a liar either.

    we have ONE CORRUPT STATE- TAKE A GANDER AT THIS WON'T YOU? Oh, documents are linked for your viewing:

    "Between August 2003 and March 2007, the State of Maryland’s Office of Legislative Audits conducted an in-depth audit of the Family Investment Administration (FIA) of Maryland’s Department of Human Resources (DHR).40 The audit found glaring problems; among other things, in 2006 alone, approximately 52,000 public assistance recipients had invalid or non-existent Social Security numbers. However, “shortcomings” were identified, “solutions” proposed and implemented. Problems solved!

    Fast forward to 2009.
    Paulette Faulkner has been a benefits administrator for most of her professional career. In 2009, she took a job with Montgomery County’s Office of Child Support Enforcement. Paulette is a lifelong Democrat."

    CASA de Maryland: The Illegals’ ACORN by James Simpson- Accuracy in Media

    [http://www.aim.org/special-report/ca...rants-acorn//]
    I forgot how annoying you were...you should be considered spam.

  10. #10
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    Quote Originally Posted by Marshan Man View Post
    I forgot how annoying you were...you should be considered spam.
    Thanks. I agree. This woman is a one trick pony. I bet she dreams about immigrants.

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