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Wayne.B Wayne.B is offline
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First recorded activity by BoatBanter: Jul 2006
Posts: 10,492
Default figgered out where harry is

On Mon, 24 Sep 2012 19:17:35 -0400, JustWait
wrote:

Well, they are getting ready to give another 168 million to another
solar company! LOL!!!


=======

Basically it is the government acting as a venture capital company to
fund an industry that is viewed by many as strategically important.
Just because you personally don't agree with that assessment, doesn't
mean that it shouldn't be done. Any good venture capitalist that has
been around for a while will tell you that only about 10% of their
investments actually pan out. It's a well known risk of being in
that business.

In the grand scheme of the federal budget, 168 million is a drop in
the bucket. Let's hope that some of these investments do pay off.