Skip to main content

Posts

Showing posts with the label Corporate Welfare

Maine State Inc Tries a Banana Republic Takeover of Central Maine Power

One of the first things a member of the Maine Legislature does is to take an oath to uphold the Maine Constitution. After that the Maine Constitution is out of sight, out of mind until it is needed to beat down an opposition policy. Some unconstitutional policies are not opposed by any side, Democrat, Republican or Independent. One such unconstitutional policy is the right of the Maine Legislature to charter corporations by special act of legislation, prohibited by the Maine Constitution in Article Iv, Part Third, Section 14 . Ever since Governor Longley and the 1976 Maine Legislature deemed the centrally managed economy and the public-private government into existence, every administration and Maine Legislature has been chartering corporations by special act of legislation, willy nilly. This is what I mean when I use the term Maine State Inc- specifically the network of corporations chartered by special act of legislation, which are in most cases public-private relationships.

LePage Years: Part Three: Why Maine is the Winner in Losing the Amazon Headquarters Contest

LePage Years Part One Lepage years Part Two In 2018, Amazon was looking for a location for new headquarters In an  article by Wharton University, Management, it is speculated that Amazon knew all along where their new headquarters would be located: . .. Amazon received 238 proposals by the October 19 deadline from big cities like Boston, Chicago and Atlanta; smaller hip cities like Austin and Portland; gritty, nouveau-hip sites like Detroit and pre-hip Camden, N.J. (where the slogan is “Experience the Rebirth!”): regional bids like ones from Central Indiana or a three-city package in Missouri; and Northeast hopefuls betting on proximity to the corridors of power, like Philadelphia, Baltimore and Washington, D.C  T he Headquarters Checklist: How do Companies Pick a Location - Wharton University In November 2018, Amazon chose a cit y for its new location - New York, New York. awarding the biggest to the biggest. Is this a surprise? New York has a great energy for ideas and colla

How Maine Statutory Law Evolved Under LePage: Part One

This post was recently selected for the front page of Tremr ,  an international blogger platform GOVERNOR LEPAGE: TEA PARTY CORPORATIST Governor LePage rose to power with the support of Maine's Tea party movement in the 2010 elections. LePage's campaign message decreed that it is not the role of government to create jobs, but to support private sector job creation. Paul LePage campaigned on lower taxes and fewer regulations, routing out special interests and purging the state's welfare system of waste and fraud. His crowning Job creation bill was enacted in December 2017. The Major Business Headquarters Expansion Act extended Maine's corporate welfare far beyond the geographical borders which define our state sovereignty, an act intended to position Maine advantageously in the global corporate world order. The Major Business Headquarters Expansion Act lives up to Paul LePage's description as a "transformational"act, and yet it was enacted in rem

Mystery of the Missing Maine Senate Vote Passing New Markets Tax Credit

TWEET THIS   goo.gl/bDXMYY There is a noteworthy article in the Portland Press Herald by staff writer WHIT RICHARDSON Pay Day At the Mill tells the story of how investors from out side the state lobbied the legislature to create new program Maine New Markets Capital Investment program, written by their own lawyers to include the ubiquitous refundable tax credit found throughout economic development programs devised by the Maine legislature In the end, here’s what really happened: Two Louisiana financial firms arrived in Maine with a plan to create such a program, hired lawyers and lobbyists to get it passed in Augusta, then put together the Great Northern deal using one-day loans that made an $8 million loan look like a $40 million loan. While they claim they did this to leverage more investment, the result is that Maine’s taxpayers are going to pay $16 million to banks and investment firms that invested only half that amount. And all of it was legal. Whit Richardson Payday A

The Lepage Plan- Filled with Inconsistencies

Tweet This http://goo.gl/dp9zpP In recent weeks we have been hearing that LePage wants to eliminate the income tax. My initial response was I'll believe it when I see it . During his tenure, LePage has agressively advanced corporate welfare, which our legislature and administration justify via the means of an income tax on labor. The state of Maine, being in fact today the corporation of Maine, and run in the interests of profit would not be able to justify the massive tax payer give-a-ways to capitalists without claimimg such a policy is profitable because it produces a high end labor tax base which brings in the revenue. So when LePage floats the concept that he wants to eliminate the income tax, I say that even if that were actually Lepage's intent it is highly improbable that it can ever happen without first deconstructing the corporate state and its ever expanding corporate welfare system. To start with expanding the instances in which sales tax will be collected is e

Transference of Wealth from Corporate Welfare to General Welfare

                                                           My Latest Political Art Work Free For the Sharing !                                                             

RE Scott Lansley's article in the Sun Journal- Dig A Little Deeper!

The latest in my letter writing binge !  Dear Mr. Lansley, I read your article in the Sun Journal , It may hurt, but it's time to suck it up and deal. As suggested, I am sending you my own thoughts on the matter, and I am not going to mince my words. Since you are a former member of the legislature, you may have helped to create what I see as the source of Maine's economic problems, which is it's government manipulated economy, which has grown to the scale of a full fledged corporate state without anybody saying BOO about it, despite the blatant unconstitutionality of the current entrenched economic system. This system has been constructed by the legislature over the course of at least thirty years. It is designed to "benefit " the "targeted sector"- those businesses that will fulfill the ideological vision of a small elite sector of Maine, which is marketed as "socially beneficial" as a form of self-justification. The legislature seeks