State of Maryland Archives: on Budget & Economy


Margaret Flowers: Federal Reserve is over-leveraged, like in 2008 crash

We seem to be at the beginning of the economic collapse predicted by many for 2016. The predictions call for a collapse worse than 2008. There are trillions of dollars more in high risk investments and central banks are over-leveraged. After central banks shifted trillions to wealthy businesses after the last collapse, they are now in a weaker position to respond to the next collapse. The Federal Reserve is leveraged at 78 to 1, for comparison Lehman Brothers was at 30 to 1 when it triggered the 2008 collapse.

The US commodities markets are at depression-era levels not seen since 1938. Wholesale sales collapsed creating an inventories-to-sales ratio that is the highest since 2008's crisis and as high as the worst in the 2001 recession. The ris

Source: 2016 Maryland Senate campaign website FlowersForSenate.org Feb 3, 2016

Martin O`Malley: Tax reductions & regulatory reforms to help job creators

Ladies and gentlemen, it is time for us to listen to Maryland's hard working taxpayers and our job creators. The people of Maryland simply cannot afford for us to continue on the same path of more spending, more borrowing, more taxes, and politics as usual. It is time for a new direction for Maryland. Our administration will work to enact the necessary budgets, tax reductions, regulatory reforms, and legislation that is necessary, to ensure that we turn our economy around.
Source: State of the State address to 2015 Maryland Legislature Feb 4, 2015

Rob Sobhani: Morally wrong to spend more than government takes in

It is morally wrong and irresponsible for our government to continue to spend more than it takes in. As individuals and families, we have to work within our budget, and so should our government. We must cut programs that don't work, but ensure that we don't leave people who need them without safety nets. I oppose "across the board cuts" because they too often destroy the very goals we are seeking to achieve. Every department's budget must be reviewed to maximize efficiencies.
Source: 2012 Senate campaign website, www.sobhaniformaryland.com Oct 15, 2012

  • The above quotations are from State of Maryland Politicians: Archives.
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2016 Presidential contenders on Budget & Economy:
  Republicans:
Gov.Jeb Bush(FL)
Dr.Ben Carson(MD)
Gov.Chris Christie(NJ)
Sen.Ted Cruz(TX)
Carly Fiorina(CA)
Gov.Jim Gilmore(VA)
Sen.Lindsey Graham(SC)
Gov.Mike Huckabee(AR)
Gov.Bobby Jindal(LA)
Gov.John Kasich(OH)
Gov.Sarah Palin(AK)
Gov.George Pataki(NY)
Sen.Rand Paul(KY)
Gov.Rick Perry(TX)
Sen.Rob Portman(OH)
Sen.Marco Rubio(FL)
Sen.Rick Santorum(PA)
Donald Trump(NY)
Gov.Scott Walker(WI)
Democrats:
Gov.Lincoln Chafee(RI)
Secy.Hillary Clinton(NY)
V.P.Joe Biden(DE)
Gov.Martin O`Malley(MD)
Sen.Bernie Sanders(VT)
Sen.Elizabeth Warren(MA)
Sen.Jim Webb(VA)

2016 Third Party Candidates:
Gov.Gary Johnson(L-NM)
Roseanne Barr(PF-HI)
Robert Steele(L-NY)
Dr.Jill Stein(G,MA)
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Page last updated: Sep 07, 2016