Comments on: Abell Foundation awards grant to MarylandReporter.com for pension series https://marylandreporter.com/2013/01/01/abell-foundation-awards-grant-to-marylandreporter-com-for-pension-series/ The news site for government and politics in the Free State Wed, 02 Jan 2013 19:32:00 +0000 hourly 1 https://wordpress.org/?v=6.8.2 By: Christopher B. Costello https://marylandreporter.com/2013/01/01/abell-foundation-awards-grant-to-marylandreporter-com-for-pension-series/#comment-12023 Wed, 02 Jan 2013 19:32:00 +0000 https://marylandreporter.com/?p=14822#comment-12023 If I had $35,000 to spare, I couldn’t find a better use than MarylandReporter.com
Everyone should consider Abell Foundation’s example

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By: Cindy Walsh https://marylandreporter.com/2013/01/01/abell-foundation-awards-grant-to-marylandreporter-com-for-pension-series/#comment-5457 Wed, 02 Jan 2013 18:20:00 +0000 https://marylandreporter.com/?p=14822#comment-5457 The place to look that I have yet to hear mentioned is how all Baltimore and Maryland public pensions were shifted from safe investments in bonds to the high risk stock market just as the financial crash occurred. It appears they were used to buoy a falling market as were pensions across the country. This was a major loss and should be recovered by suing for malfeasance.

The second piece is that the defunding occurred right at the time of one of the most profitable markets in history…albeit fueled by fraud…and so the amount of money lost to the Trust was considerably more than just the missing funding….it includes the unrealized stock gains.

The public sector pensions are not too grand and they are not a problem. There may need to be adjustments to some areas that took too large a stance but for the most part these pensions were earned as people often negotiated these retirements in lieu of wages. I know the powers that be do not want to acknowledge that. We do not want anyone to be placed in a position of not being able to afford health care as these co-pays and deductions being added all around are blocking everyone from access to the care they need.

Health fraud consumes the largest part of health care expenditures and certainly that is true with entitlements. We demand health care fraud over these few decades be brought back to government coffers and support these contracts that must be met.

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By: William H. Campbell https://marylandreporter.com/2013/01/01/abell-foundation-awards-grant-to-marylandreporter-com-for-pension-series/#comment-5456 Wed, 02 Jan 2013 18:14:00 +0000 https://marylandreporter.com/?p=14822#comment-5456 Congratulations! Well deservrd!

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By: John Ludwigson https://marylandreporter.com/2013/01/01/abell-foundation-awards-grant-to-marylandreporter-com-for-pension-series/#comment-5455 Wed, 02 Jan 2013 16:45:00 +0000 https://marylandreporter.com/?p=14822#comment-5455 Well deserved! I look forward to your results… Should be an eye-opener.
JL

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By: hungrypirana https://marylandreporter.com/2013/01/01/abell-foundation-awards-grant-to-marylandreporter-com-for-pension-series/#comment-5452 Wed, 02 Jan 2013 14:47:00 +0000 https://marylandreporter.com/?p=14822#comment-5452 sweet!

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By: Liz https://marylandreporter.com/2013/01/01/abell-foundation-awards-grant-to-marylandreporter-com-for-pension-series/#comment-5451 Wed, 02 Jan 2013 14:30:00 +0000 https://marylandreporter.com/?p=14822#comment-5451 Congratulations!

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