Real Community Investment – A State Owned Bank for Maryland
Maria Allwine • baltimoresun.com • August 14, 2010
Want to get our state’s economy moving again? Want a long-term healthy solution rather than the usual quick fix that will only fail in the next crisis? Want the state of Maryland to lead the way on real community investment that sustains and strengthens our already-existing neighborhoods? The answer has been around for a long time – 90 years to be exact.
A state-owned bank funded with our tax revenues and pension contributions is essential to the long-term health of our state. This bank would be the repository for all state collected taxes and fees and would plow that money back into the state through loans in education, agriculture, energy, community investment and other areas.
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