Video Game Crony Capitalism in Rhode Island Involving a Baseball Legend

Curt Schilling, Red Sox legend, former millionaire, and all around New England hero, is a hero no longer. He, along with his friends in the Rhode Island governor’s office have put the struggling state’s taxpayers $100 million in the hole.

This crony capitalist got caught in a pickle.

(From Reason.com)

Schilling has been an outspoken “small government Republican” activist, who campaigned with President George W. Bush in 2004, but with his business in dire straits, he once again turned to the state for a bailout.

Unfortunately for him, Donald Carcieri had been succeeded as governor by Lincoln Chaffee, a Republican-turned- Independent and vocal opponent of the 38 Studios loan from its inception. Gov. Chafee sharply declined to to use any more taxpayer dollars on the foundering company, which Schilling described as a politically motivated “$100 million I-told-you-so.”

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