After a while, it began to sink in what the ramifications of this are.  What could possibly make this more embarrassing for the Governor who wants to raise taxes to support more of this type of "business venture," or the MEDC, which already has closed its books from transparency because of a failure to actually accomplish its stated goals?

As usual, this administrations goals are to jump headfirst into the new "Green Economy." Her objectives have been straight forward on this issue, and when given this line (from Sharp's company website) it must have sent tingles all the way up the legs of her cronies who dole out the cash at the MEDC..

"THE RENEWABLE AND SUSTAINABLE COMPANIES, LLC (RASCO) is a privately held project management and economic development company formed by experienced leaders from the renewable energy, water, and telecommunications industries. Collectively, we have deployed or are in the process of deploying renewable energy, water and/or telecommunications projects in over twenty-five (25) countries and Island nations across Africa, Europe, North America and the People's Republic of China. Our Global Headquarters are based in Michigan, USA. Additional resources are located in the Washington, DC area to effectively interact with the World Bank, International Telecommunications Union (ITU), Global Environment Facility (GEF), United States Agency for International Development (USAID) and other related agencies who are critical advocates, supporters and funding sources for RASCO projects. Our telecommunications expertise and capabilities were recently enhanced through the acquisition of a wireless operator, with substantial experience in developing countries. "

Maybe the tingle rose all the way to where that synaptic driven critical thinking might lay dormant for just such an opportunity to arise.  Failure of course, was the only option.  Its in the genes. ..well at least in the way such organization as the MEDC is set up.  

True market capitalism is not based on ideology. It cannot survive on wishes for particular results alone. Because a particular set of ideological mandates drives decisions to move money into industries that meet a political agenda, it does not mean there will be sustainable interest in that product.

Gullible are our legislators and executives to the claims of job creation in the field of green economics by activists and liars in the progressive (FAIL) movement. They have fallen so far into the misty eyed "we must do something" perspective, that the checks and verification of both promise and result are something no longer looked after.

Indeed, as the truth continues to unravel in the multimillion dollar fraud nearly perpetrated on the people of Michigan by a certain Richard Short, it reveals even more clearly the underlying problem we have when assigning investment strategy responsibility to bureaucrats.