Saturday, January 18, 2025 | Baltimore, MD
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Commentary

There’s a credit crunch all across the country. Here’s why.

Hear that? It’s the sound of credit crunching all across America.Okay, if not crunching, maybe squeezing. Or tightening. Or whatever euphemistic verb you might choose to communicate that, basically, it’s gotten more difficult to borrow lately. Lots of measures have shown that businesses and consumers have found it more challenging to obtain financing recently, particularly in the wake of major regional bank failures in March.

Baltimore makes a cruising comeback

Compared to its 317-year history as a major U.S. shipping port, Baltimore’s two decades or so experience as a place to board a modern cruise ship still seems novel. It can be traced to 9/11 and the sudden need to find alternative East Coast ports after the attack on New York. But the business has grown steadily over the years as Baltimore proved itself a convenient, affordable option in the populated Mid-Atlantic market, buoyed by the opening in 2006 of the passenger terminal at what was once the site of a paper warehouse.

Read More: Baltimore Sun
Josh Kurtz: A legislative session and a political culture awash in special interest money

It was an emotional highlight of the 2023 General Assembly session. Men and women of all ages and races were in tears as historians and legal experts recounted the early career of the late U.S. Supreme Court Justice Thurgood Marshall, and some of his successful — and heartbreakingly unsuccessful — battles to desegregate Maryland.

Lawmakers: Maryland has made a far-reaching, bipartisan commitment to offshore wind energy

Before adjourning, the General Assembly took a major step toward making Maryland a leader in the emerging offshore wind industry. By passing the Promoting Offshore Wind Energy Resources (POWER) Act, we quadrupled the state’s goal to generate offshore wind energy. The new goal, 8.5 gigawatts, will produce enough electricity to power approximately 3 million Maryland homes. The measure lays out a framework to proactively strengthen our power grid infrastructure and sets up a novel offshore wind procurement process to benefit ratepayers.

Read More: Baltimore Sun
Sheriff should go on leave until federal charges are decided

Frederick County Sheriff Chuck Jenkins is due in federal court on Wednesday to answer to an indictment accusing him of conspiring and making false statements to illegally acquire machine guns for a local gun range owner. Immediately after his initial appearance, the sheriff should turn over day-to-day operations to someone else in the sheriff’s office and take administrative leave until the case is resolved.

Maryland State Capital Building.
Dan Rodricks: Props to Dems for fighting the good fight, but we are surrounded by guns

You are probably not looking for more sobering facts about guns, but here are a few: In 2022, the Maryland State Police received 118,349 new applications for the purchase of handguns. With that came 85,266 applications for permits to wear and carry those guns, up from 12,189 such applications in 2021. Another 8,891 applications came in for the renewal of permits to carry.

Read More: Baltimore Sun
Landscape workers’ health is at risk in Montgomery County

In deciding to set aside a proposal to ban the sale and use of gasoline powered leaf blowers, the Montgomery County Council is jeopardizing the health of its citizens and especially its lawn care workers, many of whom are people of color. The Council’s Transportation and Environment Committee voted for the proposal, but the full Council has tabled it, which means the proposal is on hold.

Baltimore needs land bank to encourage community investment

It is time for Baltimore to put one of its prime assets — vacant properties — in the bank. Yes, our vacant properties are an asset. They are land, which Malcolm X called the “basis of freedom, justice and equality.” A land bank authority for the city would accelerate the pace of community investment and move communities closer to the kind of progress Malcolm X had in mind.

Baltimore has failed in its duty to further fair housing

It is poignant that, as we mark the 55-year anniversary of the landmark Fair Housing Act, creating the government’s duty to affirmatively further fair housing, and as the Biden administration seeks to strengthen this mandate, the City of Baltimore demonstrates a continuing failure to give this obligation the weight it deserves. This act requires that the federal Department of Housing and Urban Development (HUD) and any recipient of federal funds through HUD must not only not discriminate but they must take “meaningful actions to overcome patterns of segregation and foster inclusive communities.”

Read More: Baltimore Sun
Differential Assets, Differential Impact The Lobby with Damian O’Doherty and Dr. Mohan Suntha

Dr. Mohan Suntha joins The Lobby for a 90 Day Report that improves healthcare for rural Marylanders. Suntha discusses workforce solutions, careers in Maryland hospitals, and the Maryland Hospital Association’s #JoinMdHealth campaign. From President and CEO of UMMS to chairing the Greater Baltimore Committee, Dr. Mohan Suntha is serving Baltimore, elevating Maryland, and delivering the most innovative and compassionate healthcare in America.

Read More: The Lobby

The Morning Rundown

We’re staying up to the minute on the issues shaping the future. Join us on the newsletter of choice for Maryland politicos and business leaders. It’s always free to join and never a hassle to leave. See you on the inside.