We’ve written a lot here at S&R about the “donor state/taker state” phenomenon, especially in the context of talk about secession. Of course, you know what they say about the pictures-to-words exchange rate, I’m sure, so instead of boring you with a thousand more words, have a picture.
Credit: Thanks, UpWorthy.
Bummer. 38 Studios has laid off all its employees.
Let’s get caught up. And bear with me – this section required some revision on my part.
- If you recall, the troubled video game company recently missed a payment to the state of Rhode Island, which had engineered a massive GOVERNMENT HANDOUT LOAN DEAL to lure them from Massachusetts.
- Bad news: employees now out of work. Good news: employees weren’t getting paid anyway because ownership had chosen not to pay them missed payroll. Read more
Guess who needs a gummit bailout? Hint: he once said this:
“There can be no question our country is in the worst economic crisis of our lifetimes. I also think there can be no question that it falls on us, the individuals, to find a way out of our own personal crisis.”
Give up? It’s this guy. Read more