Great State of the Union address!!!

Cutting spending at this time would bring on the double dip recession. THe economy is just now starting to move. We certainly will spend less money in the long run if we don't do anything drastic and start pulling back slowly over the next year.

I'm aware enough to know that even though the economy really hasn't been bad for me, that it would shortsighted to assume that it couldn't affect me.

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In a rich man's house there is no place to spit but his face.
Diogenes Of Sinope

The thread was created before the speech began, about the time that the Sergeant of Arms entered the room. Interesting that no one noticed this. More on the real thought behind this thread soon.

Great State of the Union address!!!

YUP! Looks like our "Sputnik Moment" has arrived !!!




Loss Of Solar Jobs Has Mass. Rethinking State Aid
by Tovia Smith, January 28, 2011

http://www.npr.org/2011/01/28/133249970/loss-of-solar-jobs-has-mass-rethinking-state-aid


Hundreds of employees of a solar panel factory in Massachusetts are looking for new jobs after the company announced that it's moving the plant to China.

Three years ago, Massachusetts wooed Evergreen Solar to locate in a former Army base in Devens that had been converted into an office park, hoping it would help boost the state's reputation as a hub for green industry. Now, many are second-guessing if and how government should be in the business of helping private business.

On paper, it was a match made in heaven. Evergreen moved in and began to reap millions of dollars in fringe benefits, from tax breaks to free rent and cash grants. Evergreen grew from 100 to 800 employees. This month, the state woke up to what was basically a note on the kitchen table saying Evergreen was leaving.

Officials were all caught up in the idea that "this is going to put us on the map, and we're going to be green, green, green, and this is going to be great," Jones says. "And I think that served to cloud judgment."

And then the financial rug got pulled out from under them. about 2008. After successfully having a joint venture in europe (spun off.. they needed cash) into Ever-Q.

Questionable technology, but certainly interesting. But all the big bucks ended up going to Gulf oil cleanup instead.

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Janice