providencecultureclub:

It seems that if 38 Studios went insolvent; every man, woman and child in the tiny but colorful state of Rhode Island would need to pay more than $100 on average to make up for the losses incurred by the state’s economic development corporation (60% of this year’s operating budget). Now, if every man, woman and child were to purchase a copy of 38 Studios headliner game: Kingdoms of Amalur: Reckoning for the MSRP Price of $59.99 they could prevent the outspoken former pitcher (famous for his ketchup sock) from watching his first major play in the business world from shut its doors prematurely. News from New England Sports Radio outlets was that Shilling who claimed to have funded $30 of $35 million used for the start up venture personally was actually outed as to having only posted $4 million of his personal fortune, and was paid back with the loan he defaulted on today from the state of Rhode Island’s Economic Development Commission. The move from Massachusetts to Rhode Island was supposed to bring 450 high paying jobs to the state, and was seen to be a move to try to steal some of Northern California’s clout in the gaming industry. This has some people in the median insinuating that this may have fraud written all over it, and is particularly egregious coming from a man who considered running for Senate as a Small Government Conservative. This is welfare abuse of the worst kind, and many people hope he ends up in jail for the embarrassment he has caused the good people of Rhode Island, while the American Judicial System ensures that every dog gets his day in court, things early on are not looking good for ‘ol ketchup sock. At least the taxpayers in the Communist Commonwealth of Taxachusetts can collectively take a sigh of relief knowing that they averted a mistake that may cost the smallest state in the union over $100 million before it is all said and done. The state should have known better than to give a 1st timer who took over 5 years to produce their marquee title that kind of money. 

For more information including updates as they unfold, please follow this link to the Providence Journal!

Special Thanks to Boston’s Sports Hub Radio for Covering the story as well as they have today.

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