Yikes, KK is in a tight spot having centralized so much power into one man. There is really no way to walk it back at this stage, if KK ticks off Fred he'll destroy his political aspirations. No second term, no shot at governor or senator. Done.

Hope Kevin realizes the best thing he can do now is to stay quiet and let Fred run the county as he sees fit.

Is anyone else concerned that a single man has been left alone with the County's money for such a long time and hasn't been accountable to any voters?

It might be asked if this is an example of : Power corrupts; absolute power corrupts absolutely.

this loan is in fact unprecedented, and if county retirees don't start taking note, they will find their pensions are at risk like in many other local governments throughout the country.

Remember, it was Homan that lost $21M of the retirement fund's money, scapegoated and fired the man that made the investment, and then did not even sue Merrill Lynch to get the money back....how can stories like this get no attention.

also, remember it was Mr. Homan that approved double pensions for KK, Gardina and Moxley....does anyone know if the pension board ever reviewed and approved those sham "retirements"?? notice how you never hear or see Gardina and/or Moxley...just laying low and double dipping....sure hope voters don't forget about this....also, at the time Dandy Don Mohler said the double pension law was not a scam, that it was going to be offered to some retired cops, etc....did that ever happen???

Another example of the county and the county executive allowing decisions that skirt the law and/or prudent management. This is a county that is totally out of control. Shame on kamenitz for allowing it to come down to this.

it seems like the labor organizations should get together and put a stop to this........Go Cole you should take the lead on this one

You all are clueless. The investment gives the pension system a guaranteed 7 7/8 % return. Nothing could be more beneficial to retirees. And it is secured by a triple AAA borrower, the highest credit worthy customer around. Keep following Kamikaze Cole and you will go down in flames with him.

Well, since the County Executive hasn't raised the tax rates, you shouldn't get so upset. Remember, the county would have to make up any shortfall in the pension if investments don't reach their projections. So it makes sense for the county tp pay a higher rate to the pension system on an investment that is to be a profit making venture. (that's why it wasn't eligible for the low cost tax exempt financing in the first place). It is better for all of you to understand the facts before you walk lock step with Kamikaze Cole who has his own agenda.

Homan has been praised by various media groups for being the county's fiscal watch dog when in reality, he has cost them millions in poor decisions.

Kamenetz shows a complete lack of leadership by allowing this man to continue to rule Baltimore County. As they say - The Office of Fred.

As long as Homan stays, the more it appears that Kamenetz may be on one term executive. A real leader would have dealt with this man after his first - encounter!

Not sure what all the whining is about, the retirement system is guaranteed a 7.785 % rate of return which is much higher than it has been earning the last few years.

Didn't that Cole Weston guy get in some trouble with drinking and pulling his service revolver on a citizen?

You could always eliminate the Auditor's Office, save $2 million per year and only have to borrow $23 million. Just an easy option.

LOL "berry you" "pone calls". Dude, The Food Stamp Program was ended years ago........

"Some people thought I wrote it...." Dude, you are not really fooling anybody. You are creepily obsessed.

My typos were duly noted and corrected. Now go back Robert/Steve/Adam and correct yours from your recent comment. Don't throw stones if you live in a glass house.
_____________________________________________

" Steve also commented on Who Built That?.

"I don't thing the whole " ... elite Presidential Protective Division" is holding much water after the Colombian Hooker scandal."
_____________________________________________

I see at least three mistakes. Go back like I did and correct them. Engineers don't make those kinds of mistakes, otherwise the next mining job you have in Mexico as an engineer might be the last one. Mistakes like that in your multifaceted line of occupations could be costly.

Next on your assessment of the facts on food stamps, call the Baltimore County SS Office and ask fro Ms. Hutchison and she might take issue with you on the cost of the food stamp program and its demise, Ever hear of WIC?

http://www.baltimorecountymd.gov/Agencies/health/healthservices/children/wic.html

Now as to your specific comment on the program ending years ago better read this.

http://www.baltimorecountymd.gov/Agencies/socialservices/financialassistance/foodstamps.html

As I have said before, you are always in way over your head when it comes to research and facts, a flaw an engineer would not have Mr. Armstrong.

LOL. I have no idea who Mr. Armstrong is. The next mining job in Mexico might be my last one? Is that some kind of threat?

I think you have lost your marbles.

Here you go Unhinged One.......

"Formerly known as Food Stamps........"

http://www.ssa.gov/pubs/10101.html

They werfen't typos, you just don't know how to spell.

"Facts" That's too funny coming from the Sovereign Citizen Conspiracist that thinks taxes are illegal and the President was born in Kenya..

Shouldn't you be out training with your militia buddies?

Buzz and group,I'll ask the question again,start naming the countys in better fiscal shape. Do we have to review again,no tax increases,no furloughs,no layoffs, lowest # of employees in 25 years. Are there challenges,of course it's how you manage those. Did you read the article on moving some of the departments of the education into Towson.That's projected to save $1.5 million. I'd rather have leadership thats constantly thinking of how to save some money. You conspiracy theories should tell you that someone HAS TO BE ON THE TAKE with that move. Not get going going and FIND THE RASCALS.

Thanks Buck. Hey Steve I love your last comment: "They werfen't typos, you just don't know how to spell."

Like I said, don't throw stones. What is "werfen't"?

You are referring to a federal program. Despite the acronym the concept is the same Robert!

No threat, just explaining that a so-called college educated engineer who writes the way you do is a real danger to himself and others in the quality and level of his work.

Facts! You don't even know who you are Robert/Steve/AdamBaum.

Like I stated you are mired in the street culture that identifies your maturity level and your ability to distinguish facts from fiction.

Street kids use the word dude when addressing someone not college educated mature adults. You are mired in that street culture.

I think "Don Quixote" Beeler will always be tilting at windmills.

Buzz, are you Baltimore County's answer to Michelle Bachmann or Harry Reid, just putting out innuendos and letting them hang there, "..there's a letter making the rounds" really Buzz? What happened to those sharp reporter skills?

Baltimore County's ill- conceived and suspicious actions are the problem, not
Buzz Beeler.
The decision to move a BCPS office to the Jefferson Building
needs further explanation. Mr. Mohler's comment that the move will bring " more employees to downtown Towson to shop and eat in local restaurants" sounds
ridiculous.
Decisions made by the KK administration should be questioned. They are costing
residents plenty.

Ron, I'll do with this letter the same thing I did with the letter I received from McDondough, I'll blog it. I'll let the readers decide on the content. I'll have to clear it with Patch's editors first.

If the county is in such great fiscal shape why are they borrowing money from the pension fund?

Yes I read the article on the on the moves concerning the education department and the savings of $1.5 million. The Mainsail loss was $21 million. I just wrote a followup blog on that deal concerning the application to the county charter. Look for it this week.

I'll give you a hint on the other blog on the SS budget.

In FY 2002 10,666 households with 22,0000 individuals were receiving assistance each month at a cost of $19,378,700.

In FY 2012 there were 45, 622 households with 94,313 individuals receiving aid at a cost of $130,157,000.

The chief of police along with the certain members of the executive branch are basking in cash. The chief's pension will be around $180,000 + a year with a drop of about a $1 million +in cash. By any standards that is a pretty good take.

Ron in that one area of the SS's budget how much of an increase is that? Also wait still you see the numbers on title one schools, Section 8 housing and Medicaid. Should make for interesting reading.

I'll have more latter.

As for you Steve, you don't count in these matters. You hold no cards in this hand.

LOL You act like a 12 year old.
"As for you Steve, you don't count in these matters. You hold no cards in this hand."

"It's the economy Stupid!"

Keep tilting Don Quixote....keep tilting.

To Mark: do you ever ride thru Towson? If you get the chance do it.What you'll see are a number of empty storefronts. This is our county seat AND the hub for a major unoversity. Go to any other "college"town and you'll find the majority thriving. Moving employees to Towson saves money on rent , a good thing and as ancillary benefits brings more people , day to day, into Towson. That is a true and correct statement. It wasn't the driving forces behind the decision but it certainly will help the merchants which then brings in more merchants. It's called economic development,sorry you have trouble with that concept.

I hope Mohler is getting extra pay for all of his excuse making in here. He has only quoted Fred's reasons for the "loan". There is no reason not to have a 3rd party oversee the repayment of the "loan". Oh wait, the attorney for the pension system is....Suzanne Burger!! If she was doing her job she would have made sure this was done!! But, she is Fred's "buddy" so she didn't. I wonder why?

Ron I grew up and worked as a cop in Towson for many years. What do you see at Dulaney Valley and Fairmount? High end condos that they could not sell and can't rent. Who is living there now?

I even see graffiti on the walls at Calvert Hall. Kamenetz lied to my face at a community meeting and still allows the good old boy network to live and thrive. That will be his downfall.

Any county executive who allows a man like Homan to continue working there is doing so out of fear. Kamenetz signed off on the Yorkway deal and the $21 million the taxpayers will never see back.

Why did he not step up and announce he received Homan's letter on announcing the Mainsail loss? Why stay silent over a coverup if the announcement was legit?

Why did no councilmen step forward and speak up? The two that did said they were not notified.

I see two issues, a violation of the charter and an ethical one as well.

If economic development is the key then why is the budget in the tank. Oh, the tax breaks and deals. Almost forgot. In the county money talks while he rest take a walk.

So consolidating offices and saving money at the same time bringing more people into Towson,on a regular basis, is a bad thing? What is wrong with you people, is your hatred of anything connected to gov't that intense that you can't recognize good when you see it. There is something seriously wrong with you.

I'm still waiting for my list of countys in better fiscal shape. Why are you so silent? Is it because you can't find them?????

Saving what money? I count just about four deals that cost ten times the money you claimed is saved. As to your question about the county budget and the shape it's in you might want to read this.

http://weblogs.baltimoresun.com/news/education/blog/2012/02/baltimore_county_school_board_10.html

I guess education does not come first when you're broke.

"What is wrong with you people, is your hatred of anything connected to gov't that intense that you can't recognize good when you see it."

LOL You knew the answer to that before you even posted it.

LOL So lets all tape pieces of cardboard where our license plates are supposed to be that say "Sovereign Citizen".. That'll fix 'em!

Buck, Steve is just disappointed when he has no knowledge of the issues but tries so hard to be a part of them and when he can't articulate something too the point he feels left out.

When is your next mine gig in Mexico and where?

People don't dislike the government, just the people that ruin it.

Ron, received an interesting e-mail from a well educated and honest person when they summed it up quite well and said they did not want a seat on the Titanic referring to the county's situation.

They also this: "the issue is less about what the county is doing and more about how the county is doing it... people like us care about the how...".

So you see there are others who know the score in this ball game.

Ha ha ha were the Militia maneuvers cancelled because of rain or because you ran out of Ring Dings and Ho Ho's?

Ha Ha Bryan is protecting his "useful idiot". Don Quixote can be duped into posting innuendo and half truths for him.

Bryan, Steve/Robert/Adam cannot exhibit enough self control to accomplish that. Once you pull his pin he explodes or implodes if you wish.

Maturity is not one of his finer traits. He will always be what his written word indicates, that which possesses him, his character.

Some more questions:

http://dundalk.patch.com/blog_posts/vote-raises-questions-about-county-board-of-trustees-role-in-pension-issues

Does this also smell of what the federal government did to social Security. Social security had strict laws when it was born to not be touched by the government but they could not keep there hands off of it, and know it is in danger. Also where do you think the money will come from if the loan fails. Your right taxes will not be raised they will just strip county employees of more of there benifits. OOOOh and dont forget the county has to obsorb part of the teacher pensions now so where will that money come from. Also under Mr Smith the attack on county pension sytem in to mR KK rule the county cried how poorly the county pension system was doing but yet they can borrow money from it. We as a nation forget the past to quickly allow corruption to flow from our politicians way to easlily.Right know under KK county employees health and retirement is under attack and the county is trying to destroy county unions.

Jeff there are Federal regulations that could come into play. FOP attornies are looking at every angle of this loan.

The questions I have involve ethics and the charter with not only this deal but also Mainsail. I see issues in both.

Hey Steve, you talk to Cole Weston in person? I interviewed him for the blog I wrote. Another one of you off-the-wall remarks without any knowledge.

I must be tough to so badly want to be a player and you can't. I do write good things. How come I did not hear from you on this article about National Night Out. I does prove one thing about you doesn't it?

http://dundalk.patch.com/blog_posts/eastfieldstanbrook-national-night-out-brings-together-community-government

Buzztard, Which attorneys are looking into this? Give us some names. Cole Weston lives in the Quad House across the street.. I guess I could talk to him in person depending on ....his ...um ...mood at the time.

Steve, Robert whatever, you are the one what made the statement that they weren't any federal issues involved and have not spoken to Cole and YOU GUESS YOU COULD TALK TO HIM. You made the statement about what was going on and yet you don't even know the name of the law firm that represents us.

Again if you knew so much you would know the name of the law firm that repents the FOP, but as always you NO NOTHING NADA! Your just a kid way out of your class.

I told you many times you are out of the loop, have no knowledge of these matters have never worked in county government and have no clue as to what your talking about.

You try to come off as a somebody when in fact your are just the opposite. You act like a little kid when you find out there is no room in the sandbox for Robert.

What is more amazing is that in every issue that comes up on Patch you either work in that area of the issue like your mining and engineer job or live near all the major players. You sound like Obama, he knows everything yelling while standing on deck with the ship is sinking.

Belsky and Weiner ...Shithead......and my name is Steve.

Beeler, You love to bash the FOP every chance you get. But yet everything you have is thanks to the FOP. What a Freakin' Ingrate.

Look no further than Sparrows Point to see what happens when Union Members take every thing from the Union and turn around and piss on it.

You are a Poster Child for it.

If you knew the answer then why did you ask? Still the potty mouth kid I see. That's why you'll never be anything but an afterthought.

Educated intelligent people in the loop don't write like potty mouth street kids. You missed a couple of key attorneys that work on these cases but like I said you're out of your league. Isn't is past you curfew?

It's easy to tell you're a kid because you can't control your violation of the terms of use. You're too immature and can't control your emotions.

One question, how am I bashing the FOP when I support this case. Can't you get your facts straight.