Preserving The American Political Philosophy

It has come to my attention, through that grapevine known as "the internet", that under discussion in the Maine state legislature is the creation  of a legal business entity that is a hybrid between the non-profit and "low profit" organizations. I have not yet been able to locate any specifics about the bill as it would stand in Maine. In North Carolina, it includes small manufacturers, but the usual definition of an LC3 is just a manipulation of the non-profit category so that investors can make a profit. Here is a defintion from The Non-Profit Law Blog "The low-profit, limited liability company, or L3C, is a hybrid of a nonprofit and for-profit organization. More specifically, it is a new type of limited liability company (LLC) designed to attract private investments and philanthropic capital in ventures designed to provide a social benefit. Unlike a standard LLC, the L3C has an explicit primary charitable mission and only a secondary profit concern. But unli

TWEET THIS  http://goo.gl/otcDDo Introduction: Below is a post formerly published on the former Augusta Insider. It concerns relatively recent Maine Legislation . The summary in the legislation states "This bill is modeled on statutes in Arkansas, Iowa, Michigan, Montana and Utah. It authorizes the establishment of the Maine Fund of Funds within the Small Enterprise Growth Board for the purpose of increasing the availability of venture capital to the Maine economy. " The legislation does not provide the specific statutes of the states that are used as a model for this investment scheme. I looked up the constitutions of Iowa and Arkansas to see what their statutes say about the creation of corporations. Iowa's constitution is very strict about prohibiting the creation of corporations by special acts of legislation, while Arkansas's allows for more latitude than the Maine State constitution. There are several states that use the same language prohibiting the forma

Tweet This:  http://goo.gl/79QPct In a recent debate between gubernatorial candidates Elliot Cutler and Paul LePage, Cutler states that he would transfer the licensing and responsibilities of the LURC (regulating land use) to The Department of Environmental Protection. However in l egislation passed around 2009 - - The Department of Environmental Protection and the Department of Economic and Community Development were merged into a single agency called " The Office Of Innovation " which is part of the unconstitutional expansion into state capitalism which has been radically advanced in Maine over the last fifteen years - with out any notice from Maine’s main stream media. - Or for that matter from any of our current candidates for the office of Governor. Cutler speaks as though the Maine Department of Environmental Protection is still an independent agency-, which it is not - and LePage does not call him out on it. Are the candidates unaware of the legislation combi

The Tea Party Movement in Maine is often described in terms of its “radical fringe” which is depicted as a gun-toting crowd. Although I support the right to bear arms, I have never held a gun and yet, based on the general Tea Party Platform, which primarily targets welfare reform as the means by which the size of government should be reduced, I find myself in small company in suggesting a different set of government agencies that deserve to be examined in consideration of reducing the size of government. I have written frequently about state capitalism in Maine and its unconstitutional foundation. The Maine Arts Commission works in conjunction with state capitalism and is a more highly visible player within “the creative economy” The Maine Arts Commission recently sent a survey, which included its long and short-term vision for arts and culture in Maine. I selected the “other” category in order to describe my interest in arts and culture as a private economy arts related business. In

As some who might read this may know, the journalist and author, Colin Woodard , is a relative of mine. Colin wrote an article, Brewing Up A Storm, on the Republican Party's new platform for the September 2010 Downeast Magazine. I posed the following comment in repsonse. Defining Terms If the term centrist is supposed to mean a point in between the small size of government favored by our founding fathers and those who believe in a larger government providing certain entitlements for the people, then it raises the question why the term ”centrist” applies to the entrenched political system in this state, which has collectively advanced state capitalism over the past fifteen years, including this year’s recent passage of LD1, which unconstitutionally charters a mutual funds investment corporation .LD1 was sponsored by none other than Peter Mills, who is calling those who want to return to the state and federal constitution “far right extremist”. In the creation of investment corpora

The Email from The Maine Arts Commission says it all: The Maine Arts Commission Presents Arts in Crisis: A Kennedy Center Initiative There are only 70 seats left for this free event, sign up today. Michael M. Kaiser, president of the John F. Kennedy Center for the Performing Arts, will visit Portland, ME, on July 1 as part of “Arts in Crisis: A Kennedy Center Initiative,” an arts management symposium. Kaiser will provide counsel and encouragement to nonprofit arts organizations in need. Kaiser will be at the Portland Museum of Art between 9:15 and 11:30 am on July 1 for this invaluable symposium where he will provide counsel and encouragement to nonprofit arts organizations in need. During this free symposium Kaiser will address the key challenges facing nonprofit arts organizations through such areas as fundraising, building more effective boards of trustees, budgeting and marketing. Tickets for this event are free and must be reserved online at http://artcrisis.eventbrite.com. Sea

The following was sent via my local Chamber of Commerce. This is the best debate on the tax issue that I have come across . Proposition 1 facing voters in the June 8 Gubernatorial primary proposes to rescind a major tax revision passed by the Legislature last year dropping the maximum state income tax from 8 1/2% to 6 1/2% but expanding the state's sales tax to make up the lost revenue. A "YES” vote agrees with Prop 1 - that is, cancels these revisions. A "NO” vote says keep them. The Boothbay Harbor Region Chamber of Commerce's newly formed Public Policy committee has asked our Local legislators Senator David Trahan (R-Waldoboro) and Representative Bruce MacDonald (D-Boothbay) to explain how these tax revisions will impact on a) economic development, b) small business, c) residents and d) state revenues. Plus list three other critical considerations. Their answers are below. (Public Policy committee members are Chair Lori Bailey, Wayne Sheridan, Lindy Bragg, Bill Bai