Update on Curt Schilling, America’s new welfare queen

Bummer. 38 Studios has laid off all its employees.

Let’s get caught up. And bear with me – this section required some revision on my part.

  • If you recall, the troubled video game company recently missed a payment to the state of Rhode Island, which had engineered a massive GOVERNMENT HANDOUT LOAN DEAL to lure them from Massachusetts.
  • Bad news: employees now out of work. Good news: employees weren’t getting paid anyway because ownership had chosen not to pay them missed payroll.
  • The owner, a staunch conservative who once said, “There can be no question our country is in the worst economic crisis of our lifetimes. I also think there can be no question that it falls on us, the individuals, to find a way out of our own personal crisis,” will be accountable for his debts bailed out by the government.

Meanwhile, said owner is still worth $60 million. So it isn’t a total loss.

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