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Tag: Gina Raimondo

Unmasking Heath and Human Services Secretary Nominee Xavier Becerra

E.J. Smith - Your Survival Guy -
Let’s unmask Health and Human Services secretary nominee Xavier Becerra shall we? According to the WSJ’s Review and Outlook written back in December: Joe Biden checked...

The Future of Pension Reform

E.J. Smith - Your Survival Guy -
Rhode Island General Treasurer Gina Raimondo's public pension reforms were a template for other states around the country. Now the changes are being derailed...

This is Nuts! California’s Fortune 500

E.J. Smith - Your Survival Guy -
No it’s not a list of the 500 most valuable corporations in California. It’s a list of California's 500 most valuable retired public employee...

Gina Raimondo’s Flip-Flop

E.J. Smith - Your Survival Guy -
Rhode Island Treasurer Gina Raimondo loaded up the state pension portfolio with hedge funds. Now that she’s running for Governor she sold the position...

Hedge Funds Take 25% of Rhode Island’s Profits

E.J. Smith - Your Survival Guy -
Taking a quarter of the profits in fees is outlandish especially when the profits are a thin as they are for Rhode Island. The...

The Politics of Pension Reform

E.J. Smith - Your Survival Guy -
Forbes columnist, former federal securities lawyer, and investment banker Edward "Ted" Siedle has been critical of Rhode Island pension reform. But then he goes and does...

Not Much Hedge Fun(d)

E.J. Smith - Your Survival Guy -
Rhode Island, like most states, is on the hedge fund band wagon. General Treasurer Gina Raimondo invested $900 million of the public pensions with...

Is Your State Working to Keep You Living There?

E.J. Smith - Your Survival Guy -
Last week on the Helen Glover Show, I laid out three steps to get Rhode Island back on track: 1) reduce the 7.5% expected...

Buy Local…at Your Peril

E.J. Smith - Your Survival Guy -
You would think that states are looking out for the best interests of their local towns and cities. But as the debt problems unfold...

The Debt Bomb Ticking Near You

E.J. Smith - Your Survival Guy -
Last week Alabama’s Jefferson County filed for bankruptcy. It owes $3 billion on a failed sewer deal. A few weeks ago the capital of...
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