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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

A Question For Herman Cain- Would the 999 plan work better as a 99 Plan ?

I like Herman Cain but I have some questions that I would like to see him answer. The 999 plan is not about numbers- it is about percentages- which result in numbers and so if you take one of the percentages out of the equation,it does not necessarily result in a lower federal revenue number- and so I raise the question- why do we need three elements to this equation? Is there a point to the national federal sales tax other than to tax those who are not making an income- the unemployed, the disabled, and those living on a fixed retirement amount - and to "tax the rich" more than others. Other than that, the sales tax is levied on the same sectors as those taxed by the other 2 nines. The sales tax lowers the value of the dollar as the cost of consumer goods is increased by 9%. The sales tax 9% will potentially lower business profits by raising costs of wholesale purchases resulting from an increase in the cost of freight- and by decreasing consumer spending power. Busi

The Advent of The Occupiers.

The occupiers have arrived in Maine, complete with their tent city which has all the markings of having been manufactured by corporations with productions abroad and distributors that sell to other corporations located in this country. The Occupiers have their own legal adviser, John H. Branson, who has negotiated a one week permit to occupy a space in the city of Portland for a week. This makes the Occupiers markedly more professional than the Tea Party who would most likely use a Tea Party volunteer to obtain any necessary permits. Does the Occupier’s legal adviser work on a volunteer basis? If not who pays for John H. Branson's services? The occupiers identify their actions as inspired by the protestors in the "Arab Spring" with "Arab Spring" being yet another media concoction that suggests the motivations and outcome of events in the Middle East are the subject of media fairy tales. The one thing that we do know about the events in the Middle East is tha

The Math of "Fair Share" as defined in The United States Constitution

There is another excellent discussion started by John w k on As Maine Goes. This one is about what the United States constitution says about "fair share" and points out that the math is provided for with in the constitution. Here is a quote from the first post by John w k But let our founding fathers speak for themselves with regard to the importance of applying the rule of apportionment: Pinckney addressing the S.C. ratification convention with regard to the rule of apportionment : “With regard to the general government imposing internal taxes upon us, he contended that it was absolutely necessary they should have such a power: requisitions had been in vain tried every year since the ratification of the old Confederation, and not a single state had paid the quota required of her. The general government could not abuse this power, and favor one state and oppress another, as each state was to be taxed only in proportion to its representation.” 4 Elliot‘s, S.C., 305-6

Obama's "Jobs" Bill ends state sovereignity

If you love America- DEFEAT THIS BILL! (A) WAIVER- A State’s receipt or use of Federal financial assistance for any program or activity of a State shall constitute a waiver of sovereign immunity, under the 11th Amendment to the Constitution or otherwise, to a suit brought by an employee or applicant for employment of that program or activity under this Act for a remedy authorized under Section 375(c) of this Act. (B) DEFINITION- In this paragraph, the term `program or activity’ has the meaning given the term in section 606 of the Civil Rights Act of 1964 (42 U.S.C. 2000d-4a).” Complete story over at Noisy Room

The Maine Economic Development Foundation

As I started out to tell the story of how I became involved in researching Maine's economic development legislation,on the Page titled , The Turning Point , I was stalled by trying to locate the legislation that created The Maine Economic Development Foundation , which is to be found all over the "innovative economy", often stating that it was created by the legislature but falling short of providing a link to that legislation. I contacted Elaine Apostola, Reference Librarian, at the Maine State Law and Legislative Reference Library. Elaine provided a PDF file of the original text. I then searched for the statute online, was unable to find it with the information that I had and so wrote to Elaine again and she provided. This a link to the statute as it is written today The first thing that attracts attention is that the original purpose Title 10, Chapter 107: §917 is REPEALED , with no further information about what the original purpose stated, and replaced with Titl

The Curious Repeal of TITLE 13-A: MAINE BUSINESS CORPORATION ACT

I was recently browsing the internet when I came upon a list of Maine statutes, which included TITLE 13-A: MAINE BUSINESS CORPORATION ACT I was most surprised when I clicked on the link to find that the act has been repealed in its entirety with no further information - such as a replacement for the act and the date that it was repealed. Most links to the Act found on the Internet report only this meager information. This appears to leave Maine incorporated business without a rule of law to govern them and yet I cannot find any news written about this mysterious occurrence. A search on Maine Biz comes up with nothing. Is not this business news? Does it not create major business uncertainty in Maine when the entire act that governs Maine business incorporation repealed? The only timeline I have been able to locate is this cache page on Google which says all data was extracted in February of this year. Was it extracted by Google? -or another party? What is going on and why am