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Schilling’s Superfecta

May 18, 2012

Oddly enough, following one of the few days of his professional life when Curt Schilling refused to speak to the media, he hit something of a superfecta in our local newspaper, making the front pages of the news, metro, sports and business sections respectively.  (That’s in the dead-tree edition; the online edition, as of 10:30 this morning simply turned over the entire left side of its home page to the story.)

This followed a day in which Schilling and his 38 Studios company:

  1. met with the Rhode Island Economic Development Commission to discuss the company’s failure to make a scheduled payment on the $75 million loan guarantee it had received from the EDC in 2010;
  2. bounced a $1.125 million to the EDC; and,
  3. failed to meet payroll for 38 Studios’ hundreds of employees.


Kudos to business columnist Steven Syre who dug out the following gem from Schilling’s old blog:   “If a conservative is down-and-out, he thinks about how to better his situation.  A liberal wonders who is going to take care of him.”

And a tip of the hat to Ted Nesi and Steve Nielsen of Providence’s WPRI, who dug up this fun fact“In July 2010, the same month the EDC approved the loan guarantee, 38 Studios established a revolving line of credit with Schilling so it could borrow up to $4 million from him, according to the disclosure filing obtained by WPRI.com. Part of the taxpayer-guaranteed loan money was used to pay Schilling back.”

So, I guess that’s proof that Curt Schilling really is a conservative.  He thought about how to better his situation—and bettered it by getting the state of Rhode Island to loan money to his company so that Schilling could get paid.

And Curt’s not wondering who is going to take care of him.  His employees may not get paid this week, but Curt’s already been taken care of.

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From → Politics, Sports

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