NH State Sponsored Bailouts.

It should not come as any great surprise that at least half of the loans given to Manchester based small businesses are in default to the Revolving Loan Fund (RLF).

The same thing goes on statewide...

This also demonstrates something else too. The culture in Concord including the Office of Governor does not care about either creating jobs or the federal programs that are designed to create these jobs. Because if they did care the default rate wouldn't be as high as it is.

The volunteer legislature with it's many committees and statutory ideas doesn't care either. If you notice in the list of Legislative Service Requests (LSR); there isn't one single piece of legislation that has anything to do with knowledge or process that includes a spreadsheet.

Yet millions of dollars is being handed out and mismanaged.

But take solace in this: it's bad in New Hampshire it's even worse in Vermont.