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Big Money, Redistributed Wealth and Legal Opacity Make For Happy Bed Fellows!

TWEET THIS!  http://goo.gl/5l9WdF Section 2 of the Home Rule Amendment ( Construction of Buildings for Industrial Use), was added to the constitution as section 8-A of Article IX in 1962 Home Rule Section 2.  Construction of buildings for industrial use.   For the purposes of fostering, encouraging and assisting the physical location, settlement and resettlement of industrial and manufacturing enterprises within the physical boundaries of any municipality, the registered voters of that municipality may, by majority vote, authorize the issuance of notes or bonds in the name of the municipality for the purpose of purchasing land and interests therein or constructing buildings for industrial use, to be leased or sold by the municipality to any responsible industrial firm or corporation. It was relocated under the 1973 codification. According to Marshall J Tinkle : This provision was added to the constitution as section 8A of Article IX...

"Improved" Seed Capital Tax Credit Ramps Up Benefits For Maine's "Targeted Sector"

Tweet This !! http://goo.gl/BLmk7E Sales Tax Increase for Main Street but An Exemption for The Targeted Sector As Previously reported , the entire retail sector is excluded from the services and redistributive benefits of The Maine Department of Economic and Community Development so why is Mr Douglas Ray, the legislative liaison for the DECD issuing a press release about a sales tax exemption for one of Maine's special interest industries- the aviation industry ? Looks like it isn't the entire retail industry after all- merely Main Street that is excluded. The extension of a sales-tax-free-ride for a favored special interest in the legislature's "targeted sector", comes after recently announcing a new tax hike on the general Maine economy. Championing the sales tax relief for the Aviation Industry is Governor Paul LePage who says "This exemption is absolutely critical to sustaining and building upon the success the industry has already exper...

If Maine Voters pass Water Front Bond- Will It Go to Aqua Ventus Windmill Project?

TWEET THIS POST !!  http://goo.gl/PJBYUH I feel torn between the feeling that I am spending too much time on this blog- and the short amount of time before elections. I would like to write a longer posts on the Bonds issues, so nicely packaged as "creating Jobs" for rural people, small businesses and the waterfront, which means more capital in the hands of Maine's un-elected boards of Maine's unconstitutional corporations, quasi's and "business consortium" -raising questions such as " If the waterfront bond is passed- how much of it will be channeled to the state's own business consortium - Aqua Ventus ? When the state wanted in on the windmill business that had been granted by PUC to Statoil, that was easy- just rewrite the PUC regulations and drive Statoil out! It worked like a charm but when it came to recieving the 47 million of freshly printed dollars from the feds that Statoil was scheduled to get- Aqua Ventus recieved only three mi...