Thursday Feb. 9, 2012
Opinion
 

Seriously? Iran threatens to choke off the Strait of Hormuz, America desperately needs jobs and President Obama turns his back on a pipeline project essential to North American energy production – disavowing his own “energy policies.” It’s worse than merely election-year theatrics – it is dismissive of the very notion of actually standing for something.

Let’s look at what the President said – and what he did.
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Recently I received an email from a reader who said my blog made them feel like they had come in during the middle of a movie.

Why? Because they're at the startup stage in their business, while many of my posts focus on existing businesses.

Fair enough. Let's talk about startups.
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Contemplating running again for the Montana House of Representatives, I wrote a letter to Grover Norquist, president of Americans for Tax Reform. In this letter I wrote, in part:

“I am proud to have signed the Americans for Tax Reform’s pledge several times in the past. But presently I am in a quandary and not certain if I can sign it again when campaigning for Montana House District 3. My problem with signing the pledge might be based upon a false rumor; therefore this letter to you.
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As an American, I believe in America. If you pay attention to the reality of what is happening on a worldwide scale, you will see that many of our American young people are being pushed out by foreign entities. As a nation we have failed to see the importance of staying on the cutting edge in education. There are many out there working hard to change the tide and the way to do that is by bringing in innovative programs and offer teaching and learning strategies that prepare our children for their future and the future of this nation. With an outdated building that fails to allow those programs and strategies to be put in place, we fail them.
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When President Barack Obama last week rejected the Keystone XL Pipeline, at least for now, Montana’s U.S. delegation swiftly rebuked him. Their support for the project has been steadfast and they directed a bipartisan chorus of boos at the White House. Then there was Gov. Brian Schweitzer, whose displeasure was aimed at an altogether different target.

“The people of Nebraska said we don’t want the pipeline,” Schweitzer said. “They’ve got 16,000 miles of pipeline in Nebraska, but they didn’t want this one.”
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Every three years, the residential International Energy Conservation Code changes to varying degrees in an effort to reduce the energy consumption of the heating, cooling, lighting and hot water production of our homes. 2012 is another code change year – 2009 was the last, a code that Montana adopted in 2010. Back in 2007, the Energy Efficient Codes Council set a goal of improving on the 2006 energy code by 30 percent by 2012, a goal referred to as the “Thirty Percent Solution.” If the current 2012 proposal is adopted by states and local building jurisdictions, the goal of 30 percent improvement over 2006 will be realized. The 2009 code was a very substantial step forward toward their goal – the 2012 proposal is every bit as ambitious as the last one and will represent the second consecutive notable reduction in home energy consumption.
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Last month, the Montana Supreme Court overturned an earlier victory for free speech rights won in Helena district court by American Tradition Partnership (ATP), Montana Shooting Sports Association, and Champion Painting, Inc. over government bureaucrats’ right to bar individuals and companies from airing political opinions under a non-profit or for-profit corporate umbrella.

The ban on speech that Montana’s court temporarily restored was enacted before Prohibition, in response to this state’s embarrassing history of political corruption by state politicians and newspapermen who were bankrolled by the copper barons in a bygone era.
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The U.S. Securities Exchange Act of 1934, section 12(g), generally limits a privately held company to fewer than 500 shareholders. The assumption has been that companies with 500 investors are quasi-public anyway, and for disclosure and other reasons should be forced to go public when the shareholder number approaches this limit.

Since the IPO market has been in the doldrums for most of the past decade, high-profile private companies have chosen (or been forced) to stay private while raising huge sums of money from venture capitalists and other private equity sources. But, this SEC limit has created some problems for these high-tech phenoms, both in raising additional capital and in private sales through secondary markets in which early investors resell shares to a large number of smaller U.S. buyers. This shareholder limitation has made it difficult for companies like Facebook to stay private, even if the shareholders and management team were not inclined to go public.
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