At times, when reading a statute one finds instructions to interpret the statute strictly or liberally. Instructions found in the statute chartering the FAME corporation (Finance Authority of Maine) are of another sort all together, falling into the category of a justification, as opposed to clarification of how the law is to be interpreted These instructions tells us that "Any benefits accruing to private individuals or associations, as a result of the activities of the authority, are deemed by the Legislature to be incidental to the public purposes to be achieved by the implementation of this chapter. [1985, c. 344, §5 (AMD).]" FAME is the state corporation whose function is to concentrate and redistribute capital. Even if publicly acquired capital is redistributed to a corporation hiring 1000 or more employees that is but a very small segment of the public, but none the less a segment of the populous which directly benefits from FAME's redistribution of public weal...
Examining the Fundamental transformation of the American political system that originated in the political philosophy preserved by Publius in The Federalist Papers. This blog was originally published as Main Street Economy and focused on legislation passed in the state of Maine "inspired" by similar laws passed by other states which collectively constitutes a fundamental transformation of the American political philosophy within state incubators.