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U.S Banks Post Second-Highest Profit in 23 Years in 2Q 2014

U.S Banks Post Second-Highest Profit in 23 Years in 2Q 2014

( Wall Street Journal ) Banks are lending to companies and individuals at the fast...

O'Malleynomics Fail: Maryland businesses lead job losses

Maryland is the poster state, providing a blueprint, on how to destroy a free market economy, by degrees. With progressive gerrymandering, an insatiable appetite for local, state and federal tax dollars to maintain its overbearing, onerously regulating, punitive taxing, despotic government.

Liz Farmer | Washington Examiner:

The region suffered a net loss of nearly 300 businesses during the height of the recession, the bulk of which were in suburban Maryland, new census data released Thursday show.

The figures reveal that, without the federal government increasing its spending, Virginia's suburban economy is better adapted for growth than Maryland's. And that holds true for the post-recession as federal and state governments continue to watch their wallets, experts said.

"Until Maryland invests in economic development we're going to continue to lag [behind] Virginia and continue to have lower levels of job growth because our engine of economic growth is idling right now," said Richard Clinch, a University of Baltimore economist.

Read More from the Washington Examiner Here

 

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" Friends and neighbors complain that taxes are indeed very heavy, and if those laid on by the government were the only ones we had to pay, we might the more easily discharge them; but we have many others, and much more grievous to some of us. We are taxed twice as much by our idleness, three times as much by our pride, and four times as much by our folly. "

-- Benjamin Franklin

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