In the past few years states have become increasingly unwillingly torely on the chance that volatile global investment markets will chooseto invest in their local communities. Instead, states are choosing todirectly invest themselves in local emerging opportunities. The greatadvantage of direct investment, instead of simply raiding the statetreasury and giving away corporate welfare, is that by making directinvestment in local businesses, states create a financial stake infirms. If these businesses are successful, they will return equity tothe tax payers that can be reinvested in other projects. According to the National Association of Seed and Venture Fund, as of 2006, all but six states had state venture capital funds.
Fallout from Montana Voter Challenge Plan Continues: Last week we highlighted the tremendous job that Forward Montana
and other local advocates did in bringing a massive attempt to
challenge voters in Montana to a stop. In just a few days the plan was
abandoned amid serious public backlash. This week there has been
additional fallout as the executive director of the state GOP has stepped down. Clearly trying to keep people like deployed soldiers from voting wasn't a popular activity in the big sky state.
A couple of weeks ago, we outlined the rash of voter suppression
activities cropping up, like clockwork, around the nation. This week we
cover the new suppression efforts that have come to light since.
The benefits of a post-secondary degree are plentiful. For example, an employee with a four year college degree earns 60 percent more than a worker with only a high school diploma. Paying for college, however, has become a daunting task and strain for many American students and families. The cost of higher education across the country is rapidly increasing, at almost double the rate of inflation, outpacing increases in financial aid and many families ability to pay. The combination of these factors result in too many students being unable to earn or complete their degrees due to financial constraints.
By one estimate, the federal government spent over $367 billion in 2005 aloneon subsidizing Americans' retirement savings and tax breaks to build upother assets like buying a home. Unfortunately, those subsidies gooverwhelmingly to those Americans who already have high-incomes; almostnone of it goes to the poorest Americans who need the most helpbuilding the financial assets that can lead to long-term economicopportunities and security.
Voter suppression is growing rapidly in America today.Over half of states now have voter ID requirements more stringent than that required for first time voters in federal elections.Several states are clamping down on voter registration drives or are considering proof of citizenship requirements.