As some who might read this may know, the journalist and author, Colin Woodard , is a relative of mine. Colin wrote an article, Brewing Up A Storm, on the Republican Party's new platform for the September 2010 Downeast Magazine. I posed the following comment in repsonse.
Defining Terms
If the term centrist is supposed to mean a point in between the small size of government favored by our founding fathers and those who believe in a larger government providing certain entitlements for the people, then it raises the question why the term ”centrist” applies to the entrenched political system in this state, which has collectively advanced state capitalism over the past fifteen years, including this year’s recent passage of LD1, which unconstitutionally charters a mutual funds investment corporation .LD1 was sponsored by none other than Peter Mills, who is calling those who want to return to the state and federal constitution “far right extremist”. In the creation of investment corporations, through special acts of legislation, the entrenched political system in Maine has passed far beyond “centrism”. It is incredulous that Peter Mills would characterize a state congress that has instituted an expanding state capitalism system over the past fifteen years as “Reagan conservatives”, an identity associated with tax cuts and rolling back government. Expanding capitalistic investment corporations, subsidized by the taxpayer, does not qualify as “rolling back government”- rather it grants state capitalism a competitive edge over the private economy which competes in the same investment market as the government- and in fact underwrites that competitive edge, which special acts have legislation have granted to state-sponsored capitalism.
This articles does not make mention of the fact that the primary thrust of the new Republican platform is to return to the rule of law as written in both the Maine and the United States Constitution. The details that are mentioned here are from a much larger list of articulated details relating to the essential theme of rule of law, which is ultimately based in constitutions. Peter Mill’s characterizing of the tea party movement is itself extremist. Intentionally talking about an alleged element that even Mr. Mills acknowledges is a fringe element, all the while ignoring the main stream of the tea party movement. The intent is obvious. Before Mr. Mills accuses others of not abiding by the “Supreme Court”, he should himself answer the question “How do you reconcile the recently passed LD1 With Article IV, Section 14 of the Maine State Constitution which states “Corporations shall be formed under general laws, and shall not be created through special acts of legislature” ?
This is one former supporter of Snowe and Collins who will no longer vote for these political wild card players. Many felt betrayed when Snowe and Collins handed the stimulus bill to Obama but were ready to reconsider after Snowe and Collins held back on the “too big to read” health care reform bill, but when Collins and Snowe handed over the financial reform bill, which should have been rejected merely on the basis of sheer size and the magnitude of regulations that are added to the magnitude of other regulations in bills previously passed by congress on a “too big to read” basis, it became perfectly clear that Snowe and Collins are unclear in their own minds what the issues are and what side they are on. Forgetting the content of the regulations. The sheer magnitude of regulations are “overwhelming” the private economy, which unlike congress cannot “pass a bill to find out what is in it” but must act on the rational principle of knowing what the thousand upon thousands of new regulations are, before making plans, or hiring more employees.
Showing posts with label big government management of the economy. Show all posts
Showing posts with label big government management of the economy. Show all posts
Saturday, August 14, 2010
Saturday, May 8, 2010
Director of the Maine Department of Innovation describes Mainers as having "blank stares "
Below is copied from the Maine Department of Innovation News Letter which I recently recieved.
What do you think the Mainers with "blank stares" might be thinking when the director explains that it requires capital to fund business growth? I wonder if the director understands where the capital used to fund the government agenda comes from?
Notes from the Director of Office of InnovationThe Director of the Office of Innovation is a Maine Public Employee.The Office of Innovation is capitalized by the Maine state tax payer. What do you think is meant when the Maine people are described as having "blank stares" on their faces? Does it sound like the speaker can indentify with the people of Maine ?
A few weeks ago, Thomas Friedman wrote an article for the New York Times that talked about the importance of a more entrepreneur-friendly environment. He called upon President Obama to make 2010 the year of innovation, the year of Start-Up America. Similarly, Carl Schramm, president and CEO of the Ewing Marion Kauffman Foundation called upon policymakers to promote entrepreneurship to spur job creation and speed recovery. Study after study points out the importance of entrepreneurship to fostering economic growth, as the "carrier of innovation."
Yet here in Maine, suggest that we should assist entrepreneurs and you get blank stares. Solutions such as tax reductions, regulatory reform and greater access to capital, while all helpful, are not sufficient to create the entrepreneurial climate that we need.
Entrepreneurs in the high-growth, high-potential technology-driven start-ups, for instance, often need significant technical assistance in specialized management challenges such as intellectual property protection strategies, equity financing deal structures, transitioning from prototype to manufacturing, market penetration and others. All entrepreneurs benefit from mentors, coaches, peer networks, relationships with university and other researchers, and recognition from their communities.
We simply cannot assume that any one tool such as quality of life or access to capital or business climate will get us the vibrant economy we all want. The experience of countless communities, states and countries demonstrates the need for a coordinated and thoughtful approach to developing entrepreneurship.
Cathy
What do you think the Mainers with "blank stares" might be thinking when the director explains that it requires capital to fund business growth? I wonder if the director understands where the capital used to fund the government agenda comes from?
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