August 13, 2009

EDITORIAL

No publication likes to run corrections, but the clarification in the last Business Report was instructive.

The newest members of our Congressional delegation were so proud of bringing home some bacon from the American Recovery and Reinvestment Act that they announced a grant for smart-grid research as if it were new money. The good folks at FortZED pointed out that the federal stimulus award was to fulfill commitments previously made by the Department of Energy. Nothing new was being stimulated, just funds being moved from one pocket to another to cover the check before it bounced.

Which brings us to Cash for…

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