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In reply to the discussion: Just don’t get hoodwinked into believing that Curt Schilling is not one of them. [View all]Dark n Stormy Knight
(10,484 posts)25. Barrels of money went to Schilling while the politicians introduced plans to cut pensions of
public workers.
Not surprisingly, Schilling happily accepted the sweetheart deal, Rhode Islands state government failed to monitor what the taxpayer subsidy to his company was being used for and then Schillings firm promptly lost all the money, leaving Rhode Island taxpayers on the hook for $112 million in principal and interest payments. If youre counting, thats a rough cost of $272 for every household in the state.
The same year that this subsidy deal was crafted, Rhode Island voters elected financial industry executive Gina Raimondo (D) state treasurer. Upon taking office and at the same time the state was so flush with cash it was handing millions over to Schilling and writing checks for its annual $356 million in corporate subsidies Raimondo began demanding cuts to public workers pension benefits. As the Providence Journal reported, her plan raised the minimum retirement age, suspended annual cost-of-living increases and replaced the states defined-benefit pension with a hybrid that includes a 401(k)-style plan.
http://pando.com/2014/02/07/how-a-100000-check-exposes-the-politics-of-pension-theft/
The same year that this subsidy deal was crafted, Rhode Island voters elected financial industry executive Gina Raimondo (D) state treasurer. Upon taking office and at the same time the state was so flush with cash it was handing millions over to Schilling and writing checks for its annual $356 million in corporate subsidies Raimondo began demanding cuts to public workers pension benefits. As the Providence Journal reported, her plan raised the minimum retirement age, suspended annual cost-of-living increases and replaced the states defined-benefit pension with a hybrid that includes a 401(k)-style plan.
Sadly, the D after Raimondo's name is not a typo or a FoxNoise lie.
It was an ingeniously diabolical scheme. Under the guise of reform, a Democratic state official had devised a way to pretend to help balance the states budget exclusively through cuts to worker benefits, thereby preventing serious cuts to corporate welfare programs like the ones that gave $75 million to a baseball-player-turned-tech-executive. At the same time, the new system may actually raise costs for the state and most certainly hands over more pension money to the financial industry aka one of of Raimondos biggest campaign contributors. And for such an effort, Raimondo was vigorously defended by front groups like Third Way, which are funded primarily by the very financial industry that has so benefited from her reforms.
http://pando.com/2014/02/07/how-a-100000-check-exposes-the-politics-of-pension-theft/Edit history
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Just don’t get hoodwinked into believing that Curt Schilling is not one of them. [View all]
Dark n Stormy Knight
Mar 2015
OP
When he played for the Phillies, he was dubbed "Red Light Curt" for the way he was
Dark n Stormy Knight
Mar 2015
#18
I wouldn't be surprised to find he used secret accounts to post schit to the women in GamerGate.
Dark n Stormy Knight
Mar 2015
#16
the poor man was unaware of such uncouth behavior until this incident with his daughter
Skittles
Mar 2015
#13
something happened with the game his studio was developing. I think he did a 'Romney'..got a bunch
Sunlei
Mar 2015
#14
Barrels of money went to Schilling while the politicians introduced plans to cut pensions of
Dark n Stormy Knight
Mar 2015
#25
what I found odd was 'someone' passed some law that game developers could get the same 'free money'
Sunlei
Mar 2015
#30
It's like these RW politicians that have these horribly anti-GLBT legislative records
bullwinkle428
Mar 2015
#20
It's exactly like that. And don't be surprised when Schilling becomes not just a major RW
Dark n Stormy Knight
Mar 2015
#23
He is a disgusting person. That's why I object to him being lauded as some great hero.
Dark n Stormy Knight
Mar 2015
#32