Rhode Island, which has already provided $75 million to former Red Sox pitcher Curt Schilling’s troubled video game firm, may be on the hook for millions more in subsidies to the company, Governor Lincoln Chafee revealed Friday. Schilling’s firm, 38 Studios LLC, has qualified for state tax credits available to film companies and video game makers, and, Chafee said, Rhode Island may have no choice but to pay them, no matter how shaky the venture’s outlook seems.
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Comments
Where are all the free enterprisers who condemned Massachusetts for not fronting Schilling company???
Film tax credits; another government money losing program that saddles taxpayers with transfering their money to already wealthy people in exchange for a handful of temporary semi-skilled jobs like drivers and caterers.
Is this an example of "corporate welfare"?
Look - it's true the dude is a republican blowhard but jobs are at stake. I also know that the conservatives will never let go of Solyndra but that's more because they hate alternative energy and are so indebted to big oil - AND they hate that a black guy is in the Whitehouse, but again...jobs are at stake and jobs are things that Democrats and Liberals are supposed to foster. Schilling is a snake oil salesman but hey employs humdreds of ordinary people - BAIL HIM OUT!
F-Schilling--He is a big blowhard Republican using OUR money to get richer. He sucked us in-lets cut our losses and walk away NOW. If his company is so great how come no one wants to invest--not even Massachusetts? Enough walk away-cut are losses.
I'm sure this is an issue, that's more complicated, than it appears on the surface. And it's real easy to criticize Schill, because of it; so I'll reserve judgement. But this is just the kind of thing he would criticize, if it were someone else. So, "Mister Blow Hard", you should probably keep your opinions to yourself; in the future.