Now that Patrick has cut the biotech field a government giveaway, they are ALL LINING UP!!!
Ron Paul is so right!
And WHO PAYS, readers?
They don't make ENOUGH PROFITS off the government's largess already?
"High-tech firms push for funding" by Robert Weisman, Globe Staff | June 17, 2008
BEDFORD - Lamenting that the Route 128 brand has lost its luster, leaders of the information technology, communications, and defense industries yesterday called on Massachusetts to invest more than $64 million in new efforts to make the state an "innovation gateway."
Among their proposals was the creation of a talent development bank to expand ties between high-tech companies and universities, positioning the state as a hub for information technology security, and building a new branding strategy for the high-tech and defense sector.
Translation: Turn the country into a military state!
The proposals were detailed in a report released by the Boston research firm Mass Insight Corp. at a meeting hosted by defense contractor Mitre Corp. They come amid rising sentiment within traditional high-tech and defense businesses - the state's largest sector with 331,000 jobs - that their struggles are being overshadowed by the state's bid to promote the much smaller life sciences industry.
I told you they were JEALOUS!!!!
After all, that's THEIR LOOT, isn't it?
Governor Deval L. Patrick traveled to San Diego yesterday to address the world's largest biotechnology industry trade show, and to tout a $1 billion life sciences initiative he signed just before leaving.
Yeah, please see: Patrick's Promise
Mass Insight president Bill Guenther told about 70 executives and trade association leaders at Mitre that the state must pay similar attention to the other major parts of its economy, technology and financial services, at a time when growth in the technology industry has been slowing and many young people are moving elsewhere.
Yeah, never mind the food prices, gas prices, foreclosures, school closing, etc, etc, etc.
Gee, seems the only thing money is good for these days is to SHOVEL at WAR LOOTERS, BANKS and ISRAEL!!!
No wonder the kids are leaving.
"We have a very proud and extensive heritage in Massachusetts in the high-tech and defense sector," Guenther said. "However, we're losing share and we're losing momentum to other states." If the trend continues, he warned, Massachusetts is in danger of becoming a "high-tech outpost and start-up boutique."
The report, prepared with the assistance of management consultants McKinsey & Co., said the information technology, communications, and defense sectors have shed 64,000 jobs since 2001, a drop of 3.5 percent, while sales growth has slowed to 4.3 percent, one-third the rate of the previous five years.
But GIVE US MORE $$$$ anyway!!!!
But the combined sector still employs 10 percent of the Massachusetts workforce, roughly four times as many employees as the life sciences industry.
So they should get a $4 BILLION dollar bill, huh?
"In corporate terms, this is our core product line," said Pascal Aguirre, a consultant in McKinsey's Boston office.
The report calls for spending $10 million to recapitalize the Massachusetts Tech Transfer Center, which commercializes research from public universities and hospitals; $50 million to replenish a matching grant program at the John Adams Innovation Institute that helps the state capitalize on federal grants; $3 million to create the talent development bank to link businesses with colleges; $250,000 to develop a plan to make Massachusetts the "world's IT security capital"; and $1 million to create a new brand and marketing strategy for the tech sector.
And WHO is going to PAY for all this? TAXPAYERS?
Pay for WAR-LOOTING, CORPORATE P.R.?
Wow, look at the big plate of steaming stink shit for you to feast on!!!
DIG IN!!!
Citing the diminished recognition outside New England of the Route 128 technology beltway, Guenther said, "The brand is dead. It's time to reinvent the brand. We have assets. We need to play at the California level. We need to get back on the high-tech map."
Annmarie Levins, associate general counsel for Microsoft Corp. in Cambridge, who cochaired the Mass Insight group that worked on the report, supports spending $1 million for rebranding. "An awful lot of success has to do with perception," Levins said. "If we've let our brand fall into 'old, cold Route 128,' shame on us. We've got a lot of cool things going on around here. We need to change the perception."
That's what TAXPAYER DOLLARS are to GO TO, 'eh?
Question: Can government and corporations do a BETTER JOB of LOOTING the American taxpayers, or what?
Technological advances have left the information technology, communications, and defense fields more integrated than ever, according to several speakers at yesterday's meeting.
And you UNDERSTAND THOSE IMPLICATIONS, right, readers?
SIG HEIL!
Even the bulk of jobs at Massachusetts' military contractors, once known for metal-bending and assembly lines, have become more technology-oriented, said Keith Peden, senior vice president for human resources at Waltham defense giant Raytheon Co.
"You may have known us as a manufacturing company in Massachusetts," Peden said. "We're not. We've taken the Nintendo generation that's grown up and employed them as software engineers."
Here is what they are jealous about:"Petri dish for economic growth" June 17, 2008
THE BIOTECHNOLOGY Industry Organization convention in San Diego this week has turned into a victory party for Governor Patrick. Accompanied by economic-development officials and legislative leaders and staffers, the governor is using the annual confab to tout the state's $1 billion life sciences bill, which he signed yesterday. And for his efforts to promote biotech in Massachusetts, Patrick himself will be honored today as the industry group's governor of the year.
The initiative's price tag alone shows that the Commonwealth wants to stay competitive in a dynamic industry. But its success isn't yet guaranteed; it will depend upon how that money is distributed....
Ideally, the mere presence of Harvard, MIT, and top-notch hospitals would be enough to keep the local biotech business vibrant forever. But because other jurisdictions are courting the industry, Massachusetts needs to work - and spend - to maintain its lead. Enacting Patrick's life sciences bill was an important step...."
That explains the Globe's favorable coverage of this tool of a guverner!!!!
