Tuesday, August 22, 2017

Gina Raimondo, rips off Rhode Island pensions, gets elected governor

As the collapse of the St. Joseph's pension fund (which was approved by current Rhode Island Attorney General Kilmartin) illustrates, any candidate for the position must have a knowledge of pensions -- and be prepared to act.  Moreover, Rhode Island needs an Attorney General who is willing to investigate the largest financial crime in the history of the state: a reckless gamble of over $1 billion in state pension assets to further the political fortunes of the then-Treasurer, now Governor, and her Wall Street backers. In its first five years, this roll-of-the-dice has already resulted in approximately $500 million in hedge fund losses alone.
There is nothing Rhode Islanders can do, the voters are simply too stupid.  I suggest refusal to pay taxes. 

No comments: