Thursday, May 31, 2012

Free market fundamentalist

Curt Schilling suckled at the public teat and now blames the state of Rhode Island for his own failure to live up to his obligations:

38 Studios, which was lured to Rhode Island from Massachusetts in 2010 with a $75 million loan guarantee from the EDC, laid off its entire workforce last week, including about 300 employees in Providence and more in Maryland. The state would likely be responsible for some of 38 Studios’ debts should it collapse.

The firm’s financial troubles came to light this month when it defaulted on a $1.1 million payment to the EDC that was due May 1. The company later paid — but only after first delivering a check that it acknowledged soon after would not clear.
I enjoyed his pitching - on the diamond, not when it turned to shilling for products or conservative politicians. Now we can expect many more curt statements in which his ideology and his self-interest trump consistency.

Good for Massachusetts, again. We didn't give into his pressure for a sweetheart deal.


Anonymous said...


lovable liberal said...



Sometimes you pick right. Sometimes picking right goes against a free market fundamentalist who wants to live by his principles unless it's more remunerative to live by mine.


Anonymous said...

If you pick wrong, you should lose your own money. Yipyahoo!

lovable liberal said...

Why does Exxon-Mobil get to lose so much of our money - into their pockets?

Why does Archer-Daniels-Midland get so much subsidy?

There's lots of government interaction with business. Some of it's good, some bad, and you can't judge that based on the half-baked narratives of Ayn Rand.