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19. Re: Plentiful Paradox Package May 30, 2012, 00:17 NewMaxx
 
Shok wrote on May 29, 2012, 22:26:
Just saw this on slickdeals; Amazon has a Paradox package for $12.50:

Crusader Kings II
Magicka Collection
Magicka: The Stars Are Left DLC
Sword of the Stars II: Lords of Winter
Swords of the Star - Complete Collection
Victoria II

Last two in list don't activate on STEAM but the others do!

Amazing deal...might have to go hang myself, now, but thanks for posting. :p
 
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18. Plentiful Paradox Package May 29, 2012, 22:26 Shok
 
Just saw this on slickdeals; Amazon has a Paradox package for $12.50:

Crusader Kings II
Magicka Collection
Magicka: The Stars Are Left DLC
Sword of the Stars II: Lords of Winter
Swords of the Star - Complete Collection
Victoria II

Last two in list don't activate on STEAM but the others do!
 
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17. Re: etc. May 29, 2012, 20:05 Prez
 
It's actually not a terrible program (I've lived in quite a few U.S. states and many of them have a similar business incentive intitiative); applied in the right instances under the rights conditions it could very well be a positive thing for the state. Given that it puts millions of dollars that a state like Rhode Island simply doesn't have at risk, however, it's befuddling that a risky start-up venture in a market (videogames) that I'm betting no one in the RI government had a clue about ever passed muster. I agree with the assertion made in one of the articles that the deal was agreed upon based soley on Schilling's popularity and star power - not a very wise way to dole out huge sums of money from the empty coffers of a cash-strapped state.

This comment was edited on May 29, 2012, 23:27.
 
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16. Re: etc. May 29, 2012, 18:24 Agent.X7
 
Cutter wrote on May 29, 2012, 17:54:
panbient wrote on May 29, 2012, 16:51:
Creston wrote on May 29, 2012, 16:11:
I've heard the same rhetoric here in Tulsa when they were trying to lure Boeing here. "Think of all the jobs it would create!" (jobs that none of you can get because Boeing's own people already have them!)

That's still 500 more people coming into a (likely economically depressed) area, buying gas, groceries, homes, rent, cars, starting families, living lives. It might not be direct jobs for the locals but where are those specialists spending most of their paychecks?



Yeah, and the money that they're spending are tax dollars provided by the taxpayers of Rhode Island so they're just redistributing taxes in an unfair manner. They would have been better off just providing tax cuts for that amount and let the taxpayers spend or invest the money themselves.

Well, now you're just trying to mix common sense and government. Everyone knows you can't do that.
 
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15. Re: etc. May 29, 2012, 17:54 Cutter
 
panbient wrote on May 29, 2012, 16:51:
Creston wrote on May 29, 2012, 16:11:
I've heard the same rhetoric here in Tulsa when they were trying to lure Boeing here. "Think of all the jobs it would create!" (jobs that none of you can get because Boeing's own people already have them!)

That's still 500 more people coming into a (likely economically depressed) area, buying gas, groceries, homes, rent, cars, starting families, living lives. It might not be direct jobs for the locals but where are those specialists spending most of their paychecks?

Yeah, and the money that they're spending are tax dollars provided by the taxpayers of Rhode Island so they're just redistributing taxes in an unfair manner. They would have been better off just providing tax cuts for that amount and let the taxpayers spend or invest the money themselves.
 
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14. Re: etc. May 29, 2012, 17:29 Agent.X7
 
Cutter wrote on May 29, 2012, 12:33:
How is this Chafee's fault?

The storm began nearly two years ago, when the Rhode Island Economic Development Corporation, under political pressure from former Republican Governor Donald Carcieri, gave 38 Studios $75 million in loan guarantees as an incentive to relocate from Massachusetts to Rhode Island....

and

The loan was not popular with taxpayers. A poll done in September 2010 by CBS affiliate WPRI-TV found 54% of Rhode Islanders opposed the loan, versus 28% in favor. All candidates in the 2010 governor's election publicly opposed the deal, including current Governor Lincoln Chafee.

Chafee not only didn't hold anything up, he tried to save them. Curt is just deflecting for legal reasons, but the reality is that the buck stops with him. He chose the team, he OK'd everything, he's responsible. And leaving the employees hanging for his bad choices is wholly unacceptable, it's not like he doesn't have the money to pay them, and they need it a damn sight more than he does.

That's certainly what he says. Being a politician, I'm not sure why you'd buy his line of shit. He promised to bring 38 Studios down when he took office. Shockingly, a politician actually kept his promise. Too bad it fucked over his taxpayers.

The loan certainly was not popular, no doubt about that. And no doubt, Curt should never have taken it. No denying he messed up there. However, withholding the rest of the loan and badmouthing the company assured that 38 would go down.
 
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13. Re: etc. May 29, 2012, 17:21 Creston
 
panbient wrote on May 29, 2012, 16:51:
Creston wrote on May 29, 2012, 16:11:
I've heard the same rhetoric here in Tulsa when they were trying to lure Boeing here. "Think of all the jobs it would create!" (jobs that none of you can get because Boeing's own people already have them!)

That's still 500 more people coming into a (likely economically depressed) area, buying gas, groceries, homes, rent, cars, starting families, living lives. It might not be direct jobs for the locals but where are those specialists spending most of their paychecks?

Yeah, that definitely sounds like something that's worth 75 million bucks!

Creston
 
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12. Re: etc. May 29, 2012, 16:51 panbient
 
Creston wrote on May 29, 2012, 16:11:
I've heard the same rhetoric here in Tulsa when they were trying to lure Boeing here. "Think of all the jobs it would create!" (jobs that none of you can get because Boeing's own people already have them!)

That's still 500 more people coming into a (likely economically depressed) area, buying gas, groceries, homes, rent, cars, starting families, living lives. It might not be direct jobs for the locals but where are those specialists spending most of their paychecks?
 
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11. Re: etc. May 29, 2012, 16:11 Creston
 
What baffled me about this deal is that they said "It's a 75 million dollar loan, but it will create almost 500 high-tech jobs!"

What nobody apparently ever figured out is that those 500 jobs would be immediately filled by people who all lived out of state. So how did it benefit Rhode Island, actually?

I've heard the same rhetoric here in Tulsa when they were trying to lure Boeing here. "Think of all the jobs it would create!" (jobs that none of you can get because Boeing's own people already have them!)

Fucking politicians. We need a law that allows us to shoot them if they waste more than 100K.

Creston
 
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10. Re: etc. May 29, 2012, 15:26 avianflu
 
It was entirely the previous RI gov who setup the crappy deal.

Chafee got stuck holding the bag with only 2 options:

cut all ties now or throw yet more tax-payer money in.

More money wouldnt save the company. He made the right decision.

 
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9. Re: etc. May 29, 2012, 14:28 Beamer
 
I think it's pretty safe to say everyone fucked everyone here. There's no conspiracy, and no one is happy.

1) RI stupidly gave 38S money. Very stupidly. Schilling is a local hero and someone was blinded by this. I'm all for governments funding innovation, but video games aren't what I'm thinking. Heavy industries, alternative energy - all the things that will lead to giant breakthroughs that we're no longer really privately funding as much as we should. Not video games...
2) Schilling and co. clearly ran the company less than optimally, but in part because they had a nice cushion of cash from RI, from private investors and from Schilling's own pockets. It was a good opportunity
3) The new governor pulled much of that. Can't entirely blame him, it was a bad expense, but it caused everything to collapse


In the long run, though, pulling that funding may end up costing RI more, as they'll never see anything back. Had they helped keep 38S afloat, which it seems they had promised to before pulling all the funding they'd originally allocated, maybe 38S would have bounced back. That extra $25MM, plus any private investor money, could have kept the company afloat long enough to pay back that original $75MM bond.
It was still a huge gamble, though. I think the blame is most easily thrown at the feet of the people that made this deal in the first place.
 
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8. Re: etc. May 29, 2012, 14:02 nin
 
No one in their right mind would have given Schilling a $75 million loan guarantee for an unproven and highly unrealistic business venture in the first place.

Exactly.

 
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7. Re: etc. May 29, 2012, 13:42 Verno
 
Agent.X7 wrote on May 29, 2012, 12:18:
Don't blame Schilling. Read about this story before you comment. The current governor was opposed to the loan before he took office. When he took office he basically fucked 38 studios over. He refused to release part of their loan, refused to give them tax credits they had been promised, and then made public comments bashing the company which scared away private investors.

The company was in trouble long before those events took place and frankly I can see the governors position. The state (EDC) never should have been in this situation in the first place. Even if the governor had deferred a scheduled loan repayment and let them have the tax credits, they only had cash on hand to make one more payroll. Their cashflow problems were severe, EA refused to even pay them to produce a patch for the first game, let alone a sequel like Curt is claiming.

The people who lost their jobs know exactly why, and from the posts by former employees, they know Curt did everything he could to save their jobs.

That's not what employees have been saying in local news interviews and its also widely reported that many are stuck with second mortgages thanks to 38 Studios mishandling the paperwork. I'm not saying Curt deserves the whole blame but the governor wasn't responsible for this company's bungling. They paid out $5mil to RA Salvatore for a story in which a character is named Gwyn Anwy, I don't think they were exactly responsible with their spending.
 
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6. Re: etc. May 29, 2012, 13:18 Rattlehead
 
Lincoln has been fucking RI citizens long before 38 studios. Trust me, I've been living in Providence for 25 years now.  
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5. Re: etc. May 29, 2012, 12:33 Jim
 
Agent.X7 wrote on May 29, 2012, 12:18:
nin wrote on May 29, 2012, 11:36:
Schilling says he could lose $50 million of his own money in 38 Studios implosion…

I'm sure all the people that didn't get paid and/or lost their jobs feel just horrible for him...


Don't blame Schilling. Read about this story before you comment. The current governor was opposed to the loan before he took office. When he took office he basically fucked 38 studios over. He refused to release part of their loan, refused to give them tax credits they had been promised, and then made public comments bashing the company which scared away private investors.

If Schilling made a horrible error, it was moving the company and taking a co-signed loan with RI. The people who lost their jobs know exactly why, and from the posts by former employees, they know Curt did everything he could to save their jobs. If you want a scapegoat, look no further than your friendly neighborhood fucking politician. He basically fucked RI residents into paying off this loan because he wanted to act like a child.

While I'm not defending the governor, I place blame for this whole mess on the EDC. No one in their right mind would have given Schilling a $75 million loan guarantee for an unproven and highly unrealistic business venture in the first place. Everyone knew this before the deal was signed.

The tax credits were intended to lure the film industry into Rhode Island, and even if extended to 38 Studios probably wouldn't have saved them.
 
Jim
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4. Re: etc. May 29, 2012, 12:33 Cutter
 
How is this Chafee's fault?

The storm began nearly two years ago, when the Rhode Island Economic Development Corporation, under political pressure from former Republican Governor Donald Carcieri, gave 38 Studios $75 million in loan guarantees as an incentive to relocate from Massachusetts to Rhode Island....

and

The loan was not popular with taxpayers. A poll done in September 2010 by CBS affiliate WPRI-TV found 54% of Rhode Islanders opposed the loan, versus 28% in favor. All candidates in the 2010 governor's election publicly opposed the deal, including current Governor Lincoln Chafee.

Chafee not only didn't hold anything up, he tried to save them. Curt is just deflecting for legal reasons, but the reality is that the buck stops with him. He chose the team, he OK'd everything, he's responsible. And leaving the employees hanging for his bad choices is wholly unacceptable, it's not like he doesn't have the money to pay them, and they need it a damn sight more than he does.
 
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3. Re: etc. May 29, 2012, 12:18 Agent.X7
 
nin wrote on May 29, 2012, 11:36:
Schilling says he could lose $50 million of his own money in 38 Studios implosion…

I'm sure all the people that didn't get paid and/or lost their jobs feel just horrible for him...


Don't blame Schilling. Read about this story before you comment. The current governor was opposed to the loan before he took office. When he took office he basically fucked 38 studios over. He refused to release part of their loan, refused to give them tax credits they had been promised, and then made public comments bashing the company which scared away private investors.

If Schilling made a horrible error, it was moving the company and taking a co-signed loan with RI. The people who lost their jobs know exactly why, and from the posts by former employees, they know Curt did everything he could to save their jobs. If you want a scapegoat, look no further than your friendly neighborhood fucking politician. He basically fucked RI residents into paying off this loan because he wanted to act like a child.
 
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2. Re: etc. May 29, 2012, 11:43 SimplyMonk
 
Wesh.com did a brilliant job choosing that picture for Curt Schilling.  
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1. Re: etc. May 29, 2012, 11:36 nin
 
Schilling says he could lose $50 million of his own money in 38 Studios implosion…

I'm sure all the people that didn't get paid and/or lost their jobs feel just horrible for him...

 
http://store.nin.com/index.php?cPath=10
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