State Representative J. Patrick O'Neill (D-Pawtucket) joins the Roundtable this week (along with guest panelist Dan McGowan of WPRI-TV, Channel 12) to discuss Governor Lincoln Chafee's move to become a Democrat; the way forward for economic development, and legislative questions.
Governor Lincoln Chafee, who rose to public attention as the son of an iconic moderate Republican and left the GOP amid the rightward movement of George W. Bush's presidency, on Thursday became a Democrat.
The Chafee administration is conducting a financial analysis on the cost of not paying back the moral obligation bonds that funded a $75 million loan guaranty for failed video game maker 38 Studios, the governor's spokeswoman said Tuesday.
Chafee spokeswoman Christine Hunsinger says the governor remains a strong believer that paying back the investors who bought the bonds is the right thing to do.
Gov. Lincoln Chafee’s administration is doing a financial analysis on the cost of not paying back investors who underwrote the state’s loan guarantee for failed video game maker 38 Studios.
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The governor has said it’s important for the state’s reputation to pay back the 38 Studios loan. Chafee’s spokeswoman, Christine Hunsinger, said several state agencies and department heads are conducting an analysis on the cost of not paying back those bondholders.
Moderate Party founder Ken Block has announced that he’ll be a candidate for governor next year. Block calls himself a problem-solver who can move the state forward.
Block thinks he can significantly improve on his showing in 2010, when he got six and a half percent of the vote for governor. He says he’s running because Rhode Island’s problems are abundantly clear.
Former Cranston Mayor Stephen Laffey, who had a meteoric rise in Rhode Island politics before losing a Republican primary challenge to then-US Senator Lincoln Chafee in 2006, is headed toward a GOP run for governor in his adopted state of Colorado.