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Showing posts with the label Small enterprise Growth Fund

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 in 1962 ( Am

Secular Saints of the Corporate State

  From  the charter for the Finance Authority of Maine  The above statement is found in the charter for the Finance Authority of Maine. It is a most astounding statement because it constitutes a legislative decree about the character of certain individuals and associations which practically ordains them into sainthood. By legislative decree, individuals and associations which privately benefit through the activities of the Finance Authority of Maine are motivated by only the purest of motives to serve the "public benefit" - whatever that may be, and whenever the powers that be, want it to be it.  Any private benefits that confer upon themselves, as a public-private relationship, is a pure chance of circumstance. Which type of government defines human character by legislative decree? Not that created by the founders of the United States Constitution. The Federalist Papers recorded the thought process which became the United States Constitution. Publius first examin

Tech Maine Closes as The Maine Institute of Technology Thrives

Recently in the news is the closure of TechMaine Tech Maine lobbied back in 1998 to bring about the legislative charter of the Maine Technology Institute , a non-profit corporation,which channels funds from the taxpayers and other funds available to non-profits to private sector technology companies. I am not sure why the legislature had to create the L3C to enable small businesses like MOO Milk to get in on foundation money while the same legislature created a non profit corporation to channel tax payer and non-profit funding to private high-tech companies. MTI's recent annual repor t shows that it is abundantly financed, and while participating in and lending "support" to the legislaures "targeted sector" and supported network, TechMaine,is not included among those receiving benefits from MTI. One wonders why MTI  does not  give needed support to the lobbying group that contributed so much to it's birth. Speculations arise of political in fighting am