A Free Enterprise System Cannot Co-Exist with A Centrally Managed Economy
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From The Table Of Zingers
There
is a need to establish a new basis for a creative partnership of the
private and public sectors for economic development, a partnership
which can capitalize on the interests, resources and efforts of each
sector,
but
which does not compromise the public interest or the profit motive.
The
state's solitary
burden
to
provide
for development should lessen through involving the private sector in
a leadership role. [1977,(emphasis
mine)
Commentary
No
compromising of public interest or profit motive? Destined to
failure!
The Middle Class Is The Back Bone Of A Free Enterprise System. It's Growth or Decline is the Measure of Public Benefit and Detriment
The
Economic Growth Council collects data on the economy Governor
John R. McKernan, Jr.
- Data on the size and growth of the middle class is missing.
- The data provided is an aggregate figure for personal income and a figure for the poverty rate.
- Comparison figures over time only go back only as far as the previous year.
- No mention of adjustments for inflation.
I
emailed the Maine Development Foundation ,asking if there is any data
collected on the size and growth of middle class. To date no answer
is forth coming.
1~to be created as a body corporate and politic to have full powers to borrow money and to issue its bonds and notes to make funds available through the facilities of the instrumentality at reduced rates and on more favorable terms for borrowing by such governmental units through the instrumentality's purchase of the bonds or notes of the governmental units in fully marketable form; and [1987, c. 737, Pt. A, §2 (NEW); 1987, c. 737, Pt. C, §106(NEW); 1989, c. 6, (AMD); 1989, c. 9, §2 (AMD); 1989, c. 104, Pt. C, §§8, 10 (AMD).](emphasis mine)
B.
Granting broad powers to the instrumentality to accomplish and to
carry out these policies of the State which are in the public
interest of the State and of its taxpayers and residents. [1987, c.
737, Pt. A, §2 (NEW); 1987, c. 737, Pt. C, §106 (NEW); 1989, c. 6,
(AMD); 1989, c. 9, §2 (AMD); 1989, c. 104, Pt. C, §§8, 10 (AMD).]
§5904. Liberal construction of chapter
This
chapter shall be construed liberally to effectuate the legislative
intent and the purposes of this chapter as
complete and independent authority
for
the performance of each and every act and thing authorized in this
chapter and all powers granted in this chapter shall be broadly
interpreted to effectuate that intent and purposes and not as a
limitation of powers.
[1987, c. 737, Pt. A, §2 (NEW); 1987, c. 737, Pt. C, §106 (NEW);
1989, c. 6, (AMD); 1989, c. 9, §2 (AMD); 1989, c. 104, Pt. C, §§8,
10 (AMD).](emphasis
mine)
Comment
Although
the Home
Rule Amendment
establishes
the relative sovereignty of local government, the legislature here
refers to municipalities as (the state’s) governmental units
conveying that the municipalities are simply subsidiaries of the
state government, which is exactly what a state municipal bond bank
will help to bring about through the means of controlling and
distributing capital, just as the federal government controls the
states through distribution of freshly printed paper bills
Question: Is this saying what it looks like it is saying? That the Municipal Bond Bank- as a complete and independent authority does not need to obtain taxpayer and legislative authority? See 1951 Most recent Maine State Borrowing Power Constitutional Amendment (#8)
Question: Is this saying what it looks like it is saying? That the Municipal Bond Bank- as a complete and independent authority does not need to obtain taxpayer and legislative authority? See 1951 Most recent Maine State Borrowing Power Constitutional Amendment (#8)
General Provisions.
Section
14. Authority and procedure for issuance of bonds.
The
Legislature shall not create any debt or debts, liability or
liabilities, on behalf of the State, which shall singly, or in the
aggregate, with previous debts and liabilities hereafter incurred at
any one time, exceed $2,000,000,
except to suppress insurrection, to repel invasion, or for purposes
of war, and except for temporary loans to be paid out of money raised
by taxation during the fiscal year in which they are made, and except
for loans to be repaid within 12 months with federal transportation
funds in amounts not to exceed 50% of transportation funds
appropriated by the federal government in the prior federal fiscal
year; and
excepting
also that whenever 2/3 of both Houses shall deem it necessary, by
proper enactment ratified by a majority of the electors voting
thereon at a general or special election (
emphasis mine)
§5951. Creation of bank and membership
1987
1.
Bank
established.
There
is established a
public body corporate and politic to
be known as the "Maine Municipal Bond Bank" in accordance
with Title 5, chapter 379. The
bank is constituted as an instrumentality of the State exercising
public and essential governmental functions.
The bank's exercise of the powers conferred by this chapter shall
be deemed
and
held to be an essential governmental function of the State.[ 1987, c.
737, Pt. A, §2 (NEW); 1987, c. 737, Pt. C, §106 (NEW); 1989, c. 6,
(AMD); 1989, c. 9, §2 (AMD); 1989, c. 104, Pt. C,§§8, 10 (AMD)
.](emphasis
mine)Governor
John R. McKernan, Jr
§5954. Corporate powers
Comment
It’s
always “deemed” when the constitutional process is by-passed !
1987
§5681.
State-municipal revenue sharing creates
a general pool for municipal expenditures controlled by state
Governor
John R. McKernan, Jr.
§13051. Legislative findings
The
Legislature finds that the State's economy is linked to the national
and international economies. Economic changes and disruptions around
the world and in the nation have a significantly
impact
upon the State's economy. The rise of 3rd-world and 4th-world
countries as manufacturers of commodities for mass markets and the
gradual evolution of the national economy to a technological,
informational, specialty product-based economy have significantly
...read
more
Commentary
Statement
establishes a philosophy based on the rule of law by global
capitalism- constructed on layers of truisms and borne out by the
direction followed by Maine's corporate state governance since to
present.)
"In
order for the State's economy to grow and gain a solid footing, it is
necessary to determine the State's assets and the economic
opportunities that are or will be available to the
State's enterprise, municipalities and labor force.
(
emphasis
mine)
Were
the word "state" replaced with "Maine- it would come
across with another meaning but as is it comes across in the sense of
state ownership of enterprise, municipalities, and labor force- See
Developing the Publicly Funded Work Force 2013)
The
Legislature finds that the decentralization
of
economic growth and development programs among several state agencies
without any coordination of programs and agencies and without
coordination with the State's municipal and regional economic efforts
is not in the best interest of the State. The Legislature further
finds that the State's economic development programs and policies and
the economies of municipalities and regions mutually affect each
other. [1987, c. 534, Pt. A, §§17, 19 (NEW).]
(emphasis
mine)
Centralized
management of economy fifth & sixth planks of the Ten
Planks of The Communist Manifesto
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