Tweet This !! http://goo.gl/W9lWV5 More on The Small Enterprise Growth Fund (since 2014 known as The Maine Venture Fund), signed into law by Angus King to become the most secretive Maine state corporation ever . I have been writing about the SEGF since 2009, when I participated in competition at the Juice Conference for what seemed to be a micro-economy investment, promoted as contributed by an "anonymous donor", later revealed to be the SEGF. At that conference and on the SEGF's website the taxpayer's role in subsidizing this investment company is promoted with the explanation that for every dollar that the Maine taxpayers "invest", high growth investors contribute nine dollars. When I first heard this statement and until a few days ago, I took it to be a case of incorrect language as the model that I had constructed in my mind was one in which investments are made on an individual basis in individual companies and so it seemed to me that i...
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.