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Curt Schilling on 38 Studios' Demise

Former baseball star Curt Schilling was interviewed this morning on the Dennis & Callahan sports radio show on WEEI in Boston in the first such appearance since the demise of 38 Studios, the developer he founded. Boston.com quotes some of the conversation where Schilling spoke of investing all of his personal assets into the company while never a penny back out. He also says his former employees "have every right to be upset" as they were "blindsided" by the studio's closure after he promised a month or two of advance warning, admitting he "bombed on that one in epic fashion." He also describes the last ditch effort to save the company that failed because Rhode Island refused to go along with the plan, and addresses accusations that his acceptance of tax credits and loan guarantees from the state were hypocritical in light of his outspoken conservative viewpoints: "I don't know how that correlates to this. I donít have any problem with government helping entrepreneurs and businesses." Thanks JJ.

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48. Re: Curt Schilling on 38 Studios' Demise Jun 22, 2012, 23:03 RollinThundr
 
jdreyer wrote on Jun 22, 2012, 22:44:
RollinThundr wrote on Jun 22, 2012, 21:35:
Sepharo wrote on Jun 22, 2012, 21:18:
RollinThundr wrote on Jun 22, 2012, 20:47:
Do a search for politifact gm bail out.


Are you fucking kidding me Rotfl

Read my post.

You're missing my point, had they restructured without Government bailing their asses out, the tax payers wouldn't be on the hook for billions that will never be paid back.

They would have been fine, and really it's their own fault for continuing to think they could rely on huge gas guzzlers while Japanese car makers like Toyota were making fuel efficient models.

Like I keep saying, taxes aren't the issue, spending is. If China tomorrow said, pay us all the loans we've given you tomorrow we'd be fucked. And here you have Obama wanting to raise the debt ceiling again, our credit rating gets lowered for the first time in history, he adds 5 trillion to the debt, and that wasn't enough, he wants to do it again.

You honestly don't see a problem with that? Both parties are driving us off the cliff with spending, dems have the pedal to the floor.

Dude. I'm sorry, but you're totally clueless.

1. There was no one else to bail out GM or Chrysler. The gov't was lender of last resort. If no one had done it, GM and Chrysler would have been liquidated and Ford would be the only US car maker left. Bankruptcy is death for an automaker, b/c no one will buy their products. It's estimated that a half million jobs would have been forever lost and that would rain suffering on millions of people.

2. Almost every government bailed out at least part of its auto industry. France bailed out Peugeot and Renault. Japan bailed Toyota (Yes, even Toyota). Sweden bailed out Volvo and Saab. The UK bailed out Jaguar. Germany bailed out Opel. The point is this was a once in a lifetime world-wide event. This is the exact reason government exists, for these types of catastrophic emergencies. Yes, GM made some bad decisions, but not unrecoverable ones, nor ones that would have sunk them in a normal economy. This is how it's supposed to work.

3. The billions are being paid back and will be. With interest. The government makes money.

4. China would never do that, because sinking our economy would sink their economy. Besides, China owns only 8% of US public debt. If for some stupid reason they called it in, we could handle it.

5. Debt as a % of GDP is still lower than it was in the 1940s. It does need to be addressed, but it's more important now to GET THE ECONOMY GOING AGAIN. And you need to spend to do that. And when no one else is spending, the government has to be the spender of last resort. It's classic Keynesian economics. Spending recovers the economy, and you pay it back when the econ is strong. Austerity begets recession.

Also, too: Let the goddamn Bush tax cuts expire at the end of 2013.

Spending trillions doesn't exactly instill confidence in consumers. Let the damn market correct itself. No Gov has to meddle and make shit worse like they do with every thing they touch, hey lets have them control healthcare too, they've done such a bang up job with medicare and SS.

Ford from what I understand didn't take any bailout money, and they seem to be doing just fine.

I'm actually fine with letting the Bush tax cuts expire believe it or not. But at the same time I want to see both parties actually get serious about cutting spending. Which neither party seems to want to actually do.

on point 4, I realize that but still, it's pretty scary how much we've borrowed from countries that honestly don't much like us.
 
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  1. Jun 22, 12:16 Re: Curt Schilling on 38 Studios' Demise Tumbler
  2. Jun 22, 12:22 Re: Curt Schilling on 38 Studios' Demise fujiJuice
  6. Jun 22, 13:08  Re: Curt Schilling on 38 Studios' Demise Wowbagger_TIP
  8. Jun 22, 13:14   Re: Curt Schilling on 38 Studios' Demise SimplyMonk
  9. Jun 22, 13:31    Re: Curt Schilling on 38 Studios' Demise fujiJuice
  10. Jun 22, 13:41     Re: Curt Schilling on 38 Studios' Demise LgFriess
  12. Jun 22, 13:45      Re: Curt Schilling on 38 Studios' Demise NKD
  13. Jun 22, 13:50       Re: Curt Schilling on 38 Studios' Demise briktal
  16. Jun 22, 14:04        Re: Curt Schilling on 38 Studios' Demise NKD
  21. Jun 22, 17:02      Re: Curt Schilling on 38 Studios' Demise jdreyer
  3. Jun 22, 12:32 Re: Curt Schilling on 38 Studios' Demise Creston
  4. Jun 22, 12:33  Re: Curt Schilling on 38 Studios' Demise Wildone
  5. Jun 22, 12:37  Re: Curt Schilling on 38 Studios' Demise bhcompy
  7. Jun 22, 13:11   Re: Curt Schilling on 38 Studios' Demise space captain
  11. Jun 22, 13:42   Re: Curt Schilling on 38 Studios' Demise Creston
  18. Jun 22, 15:23    Re: Curt Schilling on 38 Studios' Demise bhcompy
  14. Jun 22, 13:53 Re: Curt Schilling on 38 Studios' Demise Cutter
  17. Jun 22, 14:35  Re: Curt Schilling on 38 Studios' Demise RollinThundr
  26. Jun 22, 18:07   Re: Curt Schilling on 38 Studios' Demise Cutter
  27. Jun 22, 18:32    Re: Curt Schilling on 38 Studios' Demise Tom
  29. Jun 22, 18:34    Re: Curt Schilling on 38 Studios' Demise bhcompy
  35. Jun 22, 19:44     Re: Curt Schilling on 38 Studios' Demise Cutter
  32. Jun 22, 19:09    Re: Curt Schilling on 38 Studios' Demise jdreyer
  36. Jun 22, 19:53   Re: Curt Schilling on 38 Studios' Demise Sepharo
  37. Jun 22, 20:47    Re: Curt Schilling on 38 Studios' Demise RollinThundr
  38. Jun 22, 21:18     Re: Curt Schilling on 38 Studios' Demise Sepharo
  39. Jun 22, 21:35      Re: Curt Schilling on 38 Studios' Demise RollinThundr
  41. Jun 22, 21:55       Re: Curt Schilling on 38 Studios' Demise Prez
  43. Jun 22, 22:02        Re: Curt Schilling on 38 Studios' Demise RollinThundr
  50. Jun 22, 23:11         Re: Curt Schilling on 38 Studios' Demise Mr. Tact
  45. Jun 22, 22:44       Re: Curt Schilling on 38 Studios' Demise jdreyer
>> 48. Jun 22, 23:03        Re: Curt Schilling on 38 Studios' Demise RollinThundr
  51. Jun 22, 23:20         Re: Curt Schilling on 38 Studios' Demise Mr. Tact
  71. Jun 23, 13:57          Re: Curt Schilling on 38 Studios' Demise sfhand
  72. Jun 23, 14:04           Re: Curt Schilling on 38 Studios' Demise RollinThundr
  74. Jun 23, 15:32            Re: Curt Schilling on 38 Studios' Demise descender
  76. Jun 23, 17:12             Re: Curt Schilling on 38 Studios' Demise RollinThundr
  77. Jun 23, 17:31              Re: Curt Schilling on 38 Studios' Demise descender
  79. Jun 23, 17:35               Re: Curt Schilling on 38 Studios' Demise RollinThundr
  80. Jun 23, 18:11                Re: Curt Schilling on 38 Studios' Demise Stormsinger
  81. Jun 23, 18:14                 Re: Curt Schilling on 38 Studios' Demise RollinThundr
  84. Jun 23, 20:45                  Re: Curt Schilling on 38 Studios' Demise Yifes
  82. Jun 23, 19:12                Re: Curt Schilling on 38 Studios' Demise Wowbagger_TIP
  85. Jun 23, 21:10                 Re: Curt Schilling on 38 Studios' Demise RollinThundr
  86. Jun 23, 22:20                  Re: Curt Schilling on 38 Studios' Demise Wowbagger_TIP
  87. Jun 23, 23:05                   Re: Curt Schilling on 38 Studios' Demise RollinThundr
  89. Jun 24, 00:37                    Re: Curt Schilling on 38 Studios' Demise Wowbagger_TIP
  90. Jun 24, 02:03                     Re: Curt Schilling on 38 Studios' Demise RollinThundr
  91. Jun 24, 02:09                      Re: Curt Schilling on 38 Studios' Demise Wowbagger_TIP
  92. Jun 24, 08:19                       Re: Curt Schilling on 38 Studios' Demise Prez
  98. Jun 24, 17:20                        Re: Curt Schilling on 38 Studios' Demise jdreyer
  93. Jun 24, 10:47                       Re: Curt Schilling on 38 Studios' Demise Dades
  94. Jun 24, 12:12                        Re: Curt Schilling on 38 Studios' Demise RollinThundr
  96. Jun 24, 12:45                         Re: Curt Schilling on 38 Studios' Demise Wowbagger_TIP
  97. Jun 24, 12:55                          Re: Curt Schilling on 38 Studios' Demise Stormsinger
  75. Jun 23, 16:57            Re: Curt Schilling on 38 Studios' Demise sfhand
  54. Jun 23, 00:01         Re: Curt Schilling on 38 Studios' Demise jdreyer
  63. Jun 23, 02:26         Re: Curt Schilling on 38 Studios' Demise cappy
  58. Jun 23, 01:37       Re: Curt Schilling on 38 Studios' Demise cappy
  40. Jun 22, 21:54     Re: Curt Schilling on 38 Studios' Demise jdreyer
  42. Jun 22, 21:56      Re: Curt Schilling on 38 Studios' Demise RollinThundr
  44. Jun 22, 22:15      Re: Curt Schilling on 38 Studios' Demise RollinThundr
  52. Jun 22, 23:38       Re: Curt Schilling on 38 Studios' Demise jdreyer
  62. Jun 23, 02:12       Re: Curt Schilling on 38 Studios' Demise cappy
  57. Jun 23, 01:32     Re: Curt Schilling on 38 Studios' Demise cappy
  60. Jun 23, 01:45      Re: Curt Schilling on 38 Studios' Demise RollinThundr
  56. Jun 23, 01:13    Re: Curt Schilling on 38 Studios' Demise bhcompy
  55. Jun 23, 01:01   Re: Curt Schilling on 38 Studios' Demise cappy
  59. Jun 23, 01:38    Re: Curt Schilling on 38 Studios' Demise RollinThundr
  65. Jun 23, 03:14     Re: Curt Schilling on 38 Studios' Demise cappy
  66. Jun 23, 03:40      Re: Curt Schilling on 38 Studios' Demise jdreyer
  67. Jun 23, 06:21       Re: Curt Schilling on 38 Studios' Demise Prez
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  99. Jun 24, 17:53         Re: Curt Schilling on 38 Studios' Demise jdreyer
  100. Jun 24, 18:17          Re: Curt Schilling on 38 Studios' Demise RollinThundr
  101. Jun 24, 18:47          Re: Curt Schilling on 38 Studios' Demise Wowbagger_TIP
  102. Jun 24, 20:06           Re: Curt Schilling on 38 Studios' Demise Prez
  103. Jun 24, 20:15            Re: Curt Schilling on 38 Studios' Demise Sepharo
  104. Jun 24, 21:35             Re: Curt Schilling on 38 Studios' Demise Prez
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  22. Jun 22, 17:11  Re: Curt Schilling on 38 Studios' Demise jdreyer
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  64. Jun 23, 02:37   Re: Curt Schilling on 38 Studios' Demise cappy
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