$1,800 per kid in Montgomery County

[Anonymous]

Anonymous wrote:

Anonymous wrote:It will start with $1800. In 5 years mink and Jawando will propose $10,000 handouts, because don’t you know, we need to redistribute wealth for equality or some other mumbo jumbo. Every single week I keep reading more horrifying threads about all of the insane socialist crap getting pumped into the county from the council. Once interest rate decrease, we are going to seriously consider putting our starter home up for sale and peace the hell out of MoCo. It is looking dicier by the day. They already jammed through higher property taxes. Now they have more free handouts like this. The county can’t grow the economy and jobs, so where is all of this going to come from? You betcha, taxpayers.

Turn off Fox, Gladys.

Tax citizens. Give it to people in the form of free money.

Someone needs to lookup the definition of redistribution.


Open your eyes, Emma.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:You wonder why MoCo has so many illegal immigrants? Just hang up the sign to central American already. Go past the border! Collect $1800 a pop in MoCo!

A so-called “baby bonds” bill is being considered in Montgomery County, in which $1,800 would be invested for every child born in the Maryland county.

The Child Investment Fund would be overseen by an 13-member committee, and the funds would be available for applicants once they reach age 18.

Those eligible to draw from the funds would have to meet a number of requirements including:

Being born after Jan. 1, 2024
Being residents of Montgomery County
Payments would be based on wealth and income at the time of application

The use of the funds would also be restricted to vocational or educational expenses, ownership or investment in a business in Montgomery County, the purchase of property in the county or funding retirement investments.

Who is going to oversee this? You give a baby born in 2025 $1800 and they want to use it in 2045 to go to school. It is now worth $5000. Who is setting up these accounts and then verifying the actual use. Is their a program to keep track of allotments and reimbursements. So many people live to throw out ideas without giving any thought to implementation and oversight.

The Bill would create a Child Investment Advisory
Committee to advise the County on various aspects of the Child Investment Fund, including on fund
performance and investment opportunities. The Committee would also be required to provide
recommendations to the Council by January 1, 2026 on eligibility requirements to receive
disbursements from the Fund and tiered disbursement levels based on financial need. The Committee
would be comprised of two ex-officio members from the Departments of Finance and Health and
Human Services, and eleven members representing various communities in the County, such as
community members with lived experience of poverty. The membership of the Committee would be
required to reflect the regional, racial, cultural, and socioeconomic diversity of the County.
The Department of Finance and the Child Investment Fund Advisory Committee would each be required to
publish annual reports on the status of the Child Investment Fund and related recommendations.

In case you're wondering, the Department of Finance oversees the County's investments.
https://www.montgomerycountymd.gov/bonds/

[Anonymous]

Anonymous wrote:Has he stopped to think if he's giving this to lower income families that it might make them lose other benefits like rental assistance, food stamps, wic and medical. Make things like MC free if your push is for a college education. Provide more vocational/trade schools in MCPS (they are cutting one). Get the kids the right supports early on so they can be successful in MS and HS. Throwing money at them after they haven't been successful isn't helpful.

The Bill would create a Child Investment Fund managed
by the County’s Director of Finance. Subject to appropriations, the County would be required to
allocate $1,800 into the Fund annually for each child born in the County on or after January 1, 2024.
Money from the Fund would be invested by the County according to the Department of Finance
policies, which may be established under Method (2) regulations. Young people who were born in the
County could receive disbursements from the Fund starting at age 18, provided they are County
residents and meet certain income, wealth, and other eligibility requirements when they apply.
Disbursements could only be used for vocational or academic educational expenses; ownership of or
investment in a business located in the County; ownership of real property in the County; or
retirement investment.

[Anonymous]

Anonymous wrote:I don’t mind paying more in taxes if this will help kids in need. I think it should be more.

Sure,.go ahead. Go write free checks to all of the kids in your neighborhood. It's your money. Now please let me do what I want with MY money rather than you and the govt mugging me for my hard earned money while simultaneously telling me they're doing me a favor.

[Anonymous]

Anonymous wrote:It will start with $1800. In 5 years mink and Jawando will propose $10,000 handouts, because don’t you know, we need to redistribute wealth for equality or some other mumbo jumbo. Every single week I keep reading more horrifying threads about all of the insane socialist crap getting pumped into the county from the council. Once interest rate decrease, we are going to seriously consider putting our starter home up for sale and peace the hell out of MoCo. It is looking dicier by the day. They already jammed through higher property taxes. Now they have more free handouts like this. The county can’t grow the economy and jobs, so where is all of this going to come from? You betcha, taxpayers.

They are adopting as part of their racial equity work the following statement:

The Council aims to achieve racial equity and social justice by dismantling the policies,
practices, and systems of oppression, wealth, and privilege that have developed and sustained
these inequities and injustices

Pay attention, folks. They just met on June 13 to discuss.
https://montgomerycountymd.granicus.com/MetaViewer.php?view_id=169&clip_id=17418&meta_id=180958

[Anonymous]

I think many of us are getting tired of BS like this.

[Anonymous]

Anonymous wrote:I think many of us are getting tired of BS like this.

The sad part is that it's not a bad idea but it needs to be universal and much more simple.

[Anonymous]

Anonymous wrote:I think many of us are getting tired of BS like this.

I think the majority of people are tired of this, but at the same time the same people are hesitant to vote these candidates out because they like another idea or something else that they’ve done. It’s maddening.

[Anonymous]

As soon as interest rates drop to a reasonable level around 4-4.5% we are done with MoCo. They are going full on stupid and are moving more and more towards wealth confiscation and redistribution.