Related: Biotech Giveaway Was Borrowed Money
Yeah, thanks, guv.
"Patrick leads small delegation at biotech event" by Robert Weisman, Globe Staff | May 20, 2009
Governor Deval Patrick flew to Atlanta yesterday to meet with out-of-state and overseas biotechnology executives at the industry's major annual convention, accompanied by a smaller delegation of Massachusetts officials than in recent years.
What was the carbon footprint on that?
Patrick, in an interview, said he had meetings scheduled yesterday and today with leaders of biotech companies from several states and with officials from France, Hong Kong, and Israel....
Pffft!!!
Related: The Money Pipeline From Massachusetts to Israel
Patrick led a large delegation to the BIO convention in San Diego last year just after the Massachusetts Legislature approved a $1 billion program to promote the life sciences industry over the coming decade.
Yeah, too bad the borrowing from banks is going to cost the taxpayer another $800 million even though "it's never been easy to turn a profit in biotech?"
Flush that money away, too, taxpayer!
Under the program, the governor said, the state so far has made $46 million in direct investments, attracted $357 million in matching grants from outside investors, and helped create about 1,000 jobs.
That's IT? We've lost TENS of THOUSANDS!!!!
Patrick first proposed the $1 billion initiative in 2007 from the floor of the BIO convention, which was held in Boston that year. In addition to Patrick, the state is represented in Atlanta by Susan R. Windham-Bannister, president of the Massachusetts Life Sciences Center, and state Representative Michael J. Rodrigues, a Democrat from Westport and chairman of the Legislature's biotechnology caucus. Its pavilion is titled "The Big Bang: The Massachusetts Life Sciences Supercluster."
Pffffffffftttt!!!!!
Yup, one big cluster-f***ing looting of the taxpayers!
You see who the politicians are working for, and it ain't you!!!!
The state spent about $335,000 on the 3,000-square-foot pavilion....
AS IF TAXPAYERS could AFFORD THAT!!!
Oh, WHAT an OUTRAGE!!!!!
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Also see: Slow Saturday Special: Biotech is a Bust
