TM's Rails Bundle: 'Migrate To Current' fails w/in Editor

Scenario: I can migrate within my rails project from the command prompt; but not within TextMate.

I tried the control-pipeline command (^-shift-|) and selected: ‘(3) Migrate to Current’ from within a TM Rails project. I got the following error:

RakeMate r9078
/Users/Ric/Library/Application Support/TextMate/Bundles/Ruby on Rails.tmbundle/Support/bin/rake_helper.rb:79: warning: Insecure world writable dir /Users/Ric/Library/Application Support in PATH, mode 040777 rake aborted! stack level too deep (See full trace by running task with --trace) (in /Users/Ric/workarea/ruby/books) Done