When the government backed energy company, Solyndra, failed, Fox News was all over it. Across Fox media, there was a cacophony of braying about the evils of public investment in risky private ventures. Sean Hannity whined, while Michelle Malkin sneered, about how it was a "scam," "pay to play," yadda, yadda. But Hannity's tone was almost reverential when, in March of this year, he interviewed former Boston Red Sox pitcher and proud Republican Curt Schilling about Schilling's video game company. This business venture was subsidized, to the tune of a $75 million loan guarantee, by the state of RI and facilitated, in part, by a GOP Governor who is a big Schilling fan. Flash forward to June when Schilling's company, Studio 38, went totally toes up leaving the taxpayers of RI on the hook for more than $100 million counting principal and interest on the bonds. Will Hannity mention this failure of corporate welfare which is sending Schilling to the bankruptcy bullpen?
Given the outcome of the situation, there is rich irony. Even the introduction to the Hannity video, by Rich Lowrey, was amusing when he said that Schilling would be talking about the "state of the economy," the "president's class warfare," and the awesome new video company. Ironic, don't ya think, that Schilling's bankruptcy will be affecting a state where the economy is less than stellar!
On the actual video, Hannity praised Schilling for starting a "huge new business." Schilling talked about the bi-partisan agreement for the state funding and how this is an example of "government gone right" (LOL!) "to do right for the people." (A majority of whom opposed the deal). And, during a whine about how Obama is waging class warfare, Schilling asserted that now that he's a businessman he "understands how the economy works." (For him, the same kind of government assistance that Hannity slammed Obama for with regard to Solyndra.) Schilling bragged about how high taxes will prevent him from hiring more people. (And then there were none and it wasn't due to high taxes). He said he wanted to "create a multi-billion dollar company" that can change the world. (Right, it now owes $150.7 million with only $21.7 in assets).
Hannity whined that we punish guys who become rich. Schilling then made the, in retrospect, laughable comment that every dollar that he "can't commit to my company that's paid in taxes is paying a government that is too big, doing way too much, that I don't want done." (The state of RI is now spending money on state auditors and private attorneys who are investigating this case. The state treasurer is also heavily involved. Along with the State Police, the RI Attorney General, the FBI and the RI State's Attorney are also investigating. Big government?)
But here's the money (pun intended) quote from Schilling: "I'm not looking for a hand-out." ROFLMAO that's exactly what he got - from that government that he thinks is "too big!"
I'm waiting for an update from Hannity on this great American success story in which RI Taxpayers are on the losing end of Schilling's shut-out. I'm not holding my breath.
Because of the number of handouts High End Hannocchio has received, we are giving Hannocchio a new name. We rename him Handout Hannocchio.
Handout Hannocchio is the last person to talk about business ventures, given his past troubles with two Atlanta businessmen. Hannocchio had to sue them to get his money back.
The Stop Hannity Express can name a few handouts Hannocchio received: Free airfare, free 5-star hotels, free meals, free transportation, free concert tickets, free excursions, free ties, etc. He’s nothing but a New York street hustler. He loves free stuff.
NOTE TO HANNITY
What famous Irishman said this gem? Why pay for it, if someone is going to give it to you free?