Rhode Island

GoLocalProv | Business | Restoring State Pension Transparency In Rhode Island – Siedle

Published

2 years ago

August 12, 2022

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GoLocalProv | Business | Restoring State Pension Transparency In Rhode Island – Siedle

Friday, August 12, 2022

Ted Siedle, Visitor MINDSETTER™

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Ted Siedle, Wall Road’s greatest whistleblower

James Lathrop is a Republican candidate for State Treasurer within the state of Rhode Island—a state which has lengthy been dominated by Democrats. Most notably, Gina Raimondo, at present serving as U.S. Commerce Secretary, started her profession in politics as Rhode Island State Treasurer earlier than turning into Governor—supported by unprecedented out-of-state political contributions from Wall Road cash managers. Other than abandoning Raimondo’s disastrous hedge fund gamble, which price the $8 billion state pension over $500 million within the few 5 years, her successor, Seth Magaziner, has largely adopted Raimondo’s observe of opposing public entry to data relating to the state’s investments.

Lathrop drafted and signed a Pledge of Transparency dated July 15, 2022 that he’s difficult different candidates for the Treasurer’s place to signal:

Rhode Island Normal Treasurer’s Pledge of Transparency

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As candidates for RI State Treasurer, we consider that the religion and belief in our authorities and elected officers begins with a dedication to open and clear disclosures of the State’s investments and agreements with consultants and advisors of such belongings.

Public pension funds have undergone vital adjustments in accountability, funding, construction, reporting and investing. The previous many years have seen public pension funds chasing increased returns, shifting from the standard investments in shares and bonds. Investments now embrace vital holdings in various investments, resembling hedge funds, personal fairness, and actual property.

This sort of investing creates increased volatility and will increase the necessity for FULL transparency.

Many say they consider in transparency and make pledges to be extra transparency, however we the undersigned, declare that we’re dedicated to FULL transparency and that’s outlined as follows:

– All agreements with consultants and advisors will probably be made public and of their entirety.

– This can embrace charges, commitments of funds, restrictions of funds and the way belongings will probably be valued.

– All investments will probably be recognized individually and reported as such.

– Reporting will embrace price, worth, how valued, and share possession of the funding

– We additional pledge that no investments will probably be held in offshore/Cayman Island accounts.

Not shocking, so far, no different candidate has dedicated to Lathrop’s transparency pledge and I doubt any will. The surest strategy to burn bridges with Wall Road donors is to advocate for the restoration of pension transparency.

Says Lathrop, “Former Rhode Island State Treasurer and Governor Gina Raimondo again in 2013 ushered in an period of secrecy relating to the state pension’s investments that has continued by means of immediately. Given my background as a CPA, I firmly consider that transparency in monetary issues is important to construct belief and public scrutiny ensures accountability. Restoring transparency is likely one of the essential causes I made a decision to run for workplace. Raimondo and her hand-picked successor have eviscerated Rhode Island public data legal guidelines. It’s time to deliver skilled management again to the Treasurer’s workplace.”

Edward Siedle has been referred to as “the Sam Spade of Cash Administration,” “the Monetary Watchdog,” “the Pension Detective” and “the Equalizer” for his work pioneering over $1 trillion in forensic investigations of the cash administration business.

The founding father of Benchmark Monetary Providers, he’s a former SEC legal professional who, in 2017, he secured the biggest SEC whistleblower award in historical past ($48 million) and in 2018, the biggest CFTC award in historical past ($30 million). He’s the co-author of the bestseller, Who Stole My Pension? (with Robert Kiyosaki, creator of Wealthy Dad, Poor Dad) and the creator of How To Steal a Lot of Cash–Legally. He’s an lively member of the Florida Bar.

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Rhode Island

Newport crews extinguish house fire | ABC6

Published

6 hours ago

December 25, 2024

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Newport crews extinguish house fire | ABC6

Newport crews extinguished a fire on Green Street on Dec. 24. (WLNE)

NEWPORT, RI (WLNE) — The Newport Police Department said crews extinguished a fire on Green Street on Tuesday afternoon.

Around 2:22 p.m. Newport police were notified by the fire department of smoke coming from the basement of a home.

On the scene, crews reported a working fire, which was later extinguished.

Officials said the residents of the home were safety evacuated.

There are no reported injuries, according to police.

The cause of the fire, as well as where or how it started is under investigation.

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Rhode Island

RI Lottery Mega Millions, Lucky For Life winning numbers for Dec. 24, 2024

Published

15 hours ago

December 25, 2024

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The Rhode Island Lottery offers multiple draw games for those aiming to win big. Here’s a look at Dec. 24, 2024, results for each game:

Winning Mega Millions numbers from Dec. 24 drawing

11-14-38-45-46, Mega Ball: 03, Megaplier: 3

Check Mega Millions payouts and previous drawings here.

Winning Lucky For Life numbers from Dec. 24 drawing

16-22-24-43-47, Lucky Ball: 11

Check Lucky For Life payouts and previous drawings here.

Winning Numbers numbers from Dec. 24 drawing

Midday: 0-9-5-1

Evening: 2-0-2-3

Check Numbers payouts and previous drawings here.

Winning Wild Money numbers from Dec. 24 drawing

08-21-26-33-38, Extra: 36

Check Wild Money payouts and previous drawings here.

Feeling lucky? Explore the latest lottery news & results

Are you a winner? Here’s how to claim your prize

Prizes less than $600 can be claimed at any Rhode Island Lottery Retailer. Prizes of $600 and above must be claimed at Lottery Headquarters, 1425 Pontiac Ave., Cranston, Rhode Island 02920.
Mega Millions and Powerball jackpot winners can decide on cash or annuity payment within 60 days after becoming entitled to the prize. The annuitized prize shall be paid in 30 graduated annual installments.
Winners of the Lucky for Life top prize of $1,000 a day for life and second prize of $25,000 a year for life can decide to collect the prize for a minimum of 20 years or take a lump sum cash payment.

When are the Rhode Island Lottery drawings held?

Powerball: 10:59 p.m. ET on Monday, Wednesday, and Saturday.
Mega Millions: 11:00 p.m. ET on Tuesday and Friday.
Lucky for Life: 10:30 p.m. ET daily.
Numbers (Midday): 1:30 p.m. ET daily.
Numbers (Evening): 7:29 p.m. ET daily.
Wild Money: 7:29 p.m. ET on Tuesday, Thursday and Saturday.

This results page was generated automatically using information from TinBu and a template written and reviewed by a Rhode Island editor. You can send feedback using this form.

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Rhode Island

When will Santa Claus be in RI? Follow the 2024 Santa Trackers from NORAD and Google

Published

23 hours ago

December 24, 2024

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When will Santa Claus be in RI? Follow the 2024 Santa Trackers from NORAD and Google

It was the night before Christmas and all through the house, the children were wondering where’s that guy Claus?

If you’re looking to track Santa Claus’s flight over Providence and Rhode Island’s other cities and towns this Christmas Eve, there are a few ways you can track the big guy with nearly the same accuracy as a late Amazon package.

The military is on it with the NORAD Santa Tracker, and Google, which often feels all-knowing, is also on the case with its own Santa Tracker.

Check out the trackers to see Santa’s location:

See Santa’s location with the NORAD Santa Tracker

NORAD is the most reliable name in Santa tracking. On the job since 1955, when a young child from Colorado Springs accidentally called in (he meant to call a number advertised by a local department store), they’ve been following Santa’s journey using their radar technology ever since.

Now, NORAD, the joint U.S.-Canada command responsible for protecting the skies over both nations, staffs up for the big night, with a number available for children to call for status reports and an online tracker.

When does the NORAD Santa Tracker start?

On Christmas Eve, Dec. 24, of course.

How do I follow Santa’s journey with the NORAD tracker?

Santa is on the move, as you can see below. If it doesn’t load, it can be found at www.noradsanta.org

You can also call NORAD directly at +1 (877) HI-NORAD.

See Santa’s location on the Google Santa Tracker

In 2004, Google started tracking Santa as well, because, well, there’s a lot of interest in Old St. Nick. Google has a website. While you’re waiting around for Santa, Google’s guide includes a family guide, quizzes and various Christmas-themed games to play.

Why might the NORAD Santa Tracker and Google Santa Tracker disagree?

All of our tracking technology is made for mere mortals, but Santa is magic, and he likes to create a little bit of mystery. It wouldn’t do for children all over the world to be catching him as he comes down the chimney to deliver presents. He would never get any work done! So sometimes, to keep the magic alive, he throws off the trackers, just a little bit.

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