Conservatives say, "Do as I say, not as I do." Please...we'll re-elect Senator Sidelines again so McConnel and Baoenor can reaffirm rich people like Schilling's place in the natural order of things. Democrats ain't saints but if we also put Governor Goodhair in the Whitehouse on top of all of this we will get everything we deserve. They'll give people just enough so that they'll continue to work two jobs and the poor people will not riot, while cops, fire-fighters and teachers are blamed for bankrupting the country!

Government financial support of private industry. UMMMMMMM. Sounds familiar. Oh- I remember-- EVERGREEN SOLAR by Massachusetts(Gov Patrick)*****SOLYNDRA by the UNITED STATES(Pres. Obama)******Harsh Reality all right.

Republicans and money. Is it not ever the same? I win; you lose.

No venture capital company saw this as an acceptable risk for investors, so along comes a group of political hacks posing as businessmen, and they put the taxpayers $ at risk. Start -up? high concentration of risk? Funding production of an intangible esoteric asset? Ownership with no business track record? Let's just throw money at it. they will create jobs, if the business doesn't work out the $ and jobs are gone. BRILLIANT!!! The fact that it happened so soon shows that the deal had poor structure, no covenants, no safeguards. Those $ millions could have been so much better deployed -even with the usua RI corruption surcharge - in 100 loans to help RI based manufacturers compete, expand and create jobs.

In a thankful twist, Shilling's politcal philosophy may have actually been the factor that prevented our state from giving him a loan. This is one of those rare times where political differences may actually have been a benefit for us. Politics aside, Isalty's comments below frames the point. Even the initial investors passed on putting more money into it. This should also serve as why governemnt should tread lightly when attempting to pick winners.