"a provision allowing billions of dollars in economic development bonds to be used for biotech industries"
Also see: The Liberal Looters of Massachusetts
Yup, a billion-eight taken out of taxpayer's pockets so the state can throw money away to lying biotechs even though "it's never been easy to turn a profit."
Flush all that money away, too, taxpayer.
Need insult to injury?
See: The Money Pipeline From Massachusetts to Israel
Are you you surprised?
"Federal funding on rise for region; Northeast finds more allies in Washington" by Susan Milligan and Alan Wirzbicki, Globe Staff And Globe Correspondent | March 23, 2009
WASHINGTON - Officials from Northeastern states, accustomed to trying and often failing to get funding for regional priorities from a federal government dominated by Sunbelt conservatives, are finding a more sympathetic benefactor in the Obama administration, which has adopted policies that are expected to pump billions of dollars into the region.
From mass transit and high-speed trains to energy technology and medical research, Massachusetts and nearby states are poised to receive federal grants and economic development funds that the region's largely Democratic congressional delegations found difficult to secure under the Bush administration and the former GOP-run Congress, according to area lawmakers and advocates.
The economic stimulus package approved last month contains an estimated $600 million to $700 million for Amtrak's Northeast Corridor, $8 billion for home weatherization programs that disproportionately benefit cold-weather areas, and a provision allowing billions of dollars in economic development bonds to be used for biotech industries, many of which are in the Northeast.
In addition, President Obama's budget proposal includes $1.2 billion more than President George W. Bush requested to help lower-income people obtain heating oil. The program, of intense interest in the Northeast and other cold-weather areas, was a frequent target for Republican cuts....
Why do we need more heating oil with global warming? Pffft!
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Senators John F. Kerry, Democrat of Massachusetts, and Olympia J. Snowe, Republican of Maine, secured a provision to extend industrial development bonds to high-tech and biotech companies, both important businesses in the region.
In medical research, too, Massachusetts stands to benefit from Obama's priorities, lawmakers said. The president's executive order lifting restrictions on government funding for stem cell research, for example, provides new opportunities for the Bay State's researchers at universities and in business. And the $10 billion increase in National Institutes of Health funding in the stimulus package could be a boon to New England's medical community....
Representative Edward Markey, Democrat of Malden, and Senator Jack Reed, Democrat of Rhode Island, fought for $8 billion in funds to help weatherize homes, saving energy....
Look what else they brought: The Liberal War-Looters of New England
Businesses and universities, too, stand to gain from the energy efficiency initiatives. A $2 billion program to develop hybrid battery and clean car technology is tailor-made for A123 Systems of Watertown, Markey said, since the company is a world leader in the field. Schools such as MIT are also well-placed to get research money for Obama's energy efficiency projects, he added.
See: Fighting Over Federal Loot
And go ask Chomsky about MIT; he'll tell you it's all Pentagon-funded.
New England has long been an innovator in energy efficiency programs, and with a president eager to expand such ideas, the region can become a national - even a global - exporter of such technologies, said Seth Kaplan, director of the Conservation Law Foundation's climate-change program....
I'm nearly choking on the fart mist!
