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.
Tuesday, August 22, 2017
Gina Raimondo, rips off Rhode Island pensions, gets elected governor
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