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video: Raimondo Enters RI Governor’s Race via Video

Wednesday, December 18, 2013

 

Gina Raimondo, RI's General Treasurer and architect of pension reform, made it official today that she is running for Governor of Rhode Island.

In a video posted to YouTube with the comment section disabled, Raimondo stakes her claim to the Governor's office. Raimondo was celebrated when she first came to office and drove through the legislature a massive pension reform, but more recently has come under fire for investments in hedge funds.

The hedge fund strategy has been the target of criticism by unions and Rolling Stones star reporter Matt Taibbi.

In addition, AFSCME has hired forensic auditor Ted Siedle who issued a report calling for an SEC investigation of Raimondo's investment strategies and the fees paid.

DEVELOPING...

 

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Comments:

Joseph Davis

Welcome to the race!

I see with Eric at the helm you have come out swinging and this will be a dirty campaign.

Gina, I would advise you before the campaign gets going have Eric take you on one of his "Magical Mystery Tours" to the DR. This always invigorated DNC.

Enjoy! lol

Jonathan Bainsworth

Never thought I'd see the day when a slick Texas billionaire and former Enron trader (John Arnold) would be running Rhode Island via Gina the DINO (democrat in name only) Raimondo, huckster and fraud. She abused her position as Treasurer by turning the RISIC into campaign headquarters with it's rubber stamping commission members all eager for big jobs if she's elected governor. She set up a shill entity called Engage RI and posed for the Projo in faux rally photo ops as she began her massive theft of RI pensions for transference to her Hedge Fund buddies. Nice work if you can get it. Somewhere Roger Williams is rolling over in his grave.

lupe fiasco

I guess you can put lipstick on a ...

William Berube

Gina - We both know that the SEC will soon be investigating your mishandling of the State's pension funds. How in the world do you expect to run this state from your jail cell?

Redd Ratt

I'm shocked... Great day for Rhode Island. The tough leader that's not afraid to make the tough decisions and tell the truth to all Rhode Islanders. Nice to see Illinois following the pension reform road map that Treasurer Raimondo Governor Chafee and the general assembly laid out for other states to follow. Filet and champagne tonight.

paul zecchino

Redd Ratt -

Of course Illinois is following the same road map, as you call it, cobbled by Bloomberg and other 'take back the wealth from the serfs' types. Illinois is after all known as 'the state which organized crime'.

'tough decisions'? Wow. Catchy slogan. Dated, too. Where'd you crab that one from? The Slogan Store? They having their annual pre-Christmas sale? Sorry I missed it.

There's nothing 'tough' about unlawfully withholding lawfully owed COLA's from retirees who contributed to their pensions, and in turn handing said COLA's and more monies to hedge fund cronies in exchange for unimaginable favors.

You may see that as 'tough decisions', but others see it differently and may well exact consequences for this half-clever money grab pimped by a bunch of wankers who hide behind 'EngougeRI', paid for by some ENRON thug.

Now's your chance, in your odd job manner, to take a cheapshot at my family. Please do. We're counting on you. Don't let us down. Your so doing will serve notice of your factual bankruptcy.

When you want to put your name to your words, rather than hide behind some arrested-development moniker, people might take you seriously. Until then, they won't.

And please don't try to peddle that tiresome Victim whine that you dare not use your name for fear of union retaliation, unless you want to hear peals of laughter.

Perhaps you can call a talk host who sees union marauders swimming around in his cup of Minestrone, maybe you can swap conspiracy theories.

Now's your chance, get busy with the insults. Americans just love men who attack other mens' wives, don't they?

And that nicely defines this larcenous pension grab pimped by Elites, cheered on by useful idiots.

Filet and champagne for you tonight, you say? How very nice for you. So you're saying that you're all about appetite? Tell that to retirees who've been harmed by this rash, brash, wet-behind-the-ears spoiled-brat treasurer with much to learn. Americans just love those who gloat at injustice.

paul zecchino

NY Post has a story today on yet another tiresome Hah-vud whizzbang, one of Buffet's trained seals. She's twenty nine years old, running Benjamin Moore paints, whose product is no longer what it once was.

She's chopping pensions in order to get rid of experienced people, so as to hire twenty somethings on the cheape.

Benjamin Moore's pension plan is eighty-five million in arrears, even though the supposedly brilliant investing mind of Buffet owns the company.

Buffet pulls down thirty-nine million dollars per day. In other words, for forfeiting two days' and a couple hours' pay, Warren 'I don't pay enough taxes' Buffet could fix the pension and do right by those who've given years of good service to him.

But he won't.

Because this is not about chopping retiree benefits to save pension systems. This is about the Elites stealing from those who've earned it, and then in tiresome manner, blaming the retirees.

Smell the irony yet? Grabbing COLAs due retirees and handing them to hedge fund chums is not about 'saving the pension'. It's about many other things, none of them good, and some of them presently coming under increasing scrutiny.

paul zecchino

NY Post has a story today on yet another tiresome Hah-vud whizzbang, one of Buffet's trained seals. She's twenty nine years old, running Benjamin Moore paints, whose product is no longer what it once was.

She's chopping pensions in order to get rid of experienced people, so as to hire twenty somethings on the cheape.

Benjamin Moore's pension plan is eighty-five million in arrears, even though the supposedly brilliant investing mind of Buffet owns the company.

Buffet pulls down thirty-nine million dollars per day. In other words, for forfeiting two days' and a couple hours' pay, Warren 'I don't pay enough taxes' Buffet could fix the pension and do right by those who've given years of good service to him.

But he won't.

Because this is not about chopping retiree benefits to save pension systems. This is about the Elites stealing from those who've earned it, and then in tiresome manner, blaming the retirees.

Smell the irony yet? Grabbing COLAs due retirees and handing them to hedge fund chums is not about 'saving the pension'. It's about many other things, none of them good, and some of them presently coming under increasing scrutiny.

They really thought they could pull this in the Net-centric Information Era, in which citizens use the reach and power of the Net to get at the truth?




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