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As a matter of fact she can. She was in RI just a few days ago campaigning for Providence mayoral candidate Brett Smiley. She looked radiant. Actually, she looked younger than when she was governor (No doubt the result of some devil's brew). But, her new work seems to suit her.
"Devil's brew", "profits"? She stole your money and slapped you to finance a trip out of Rhode Island. A spade is a spade.
I've been racking my tiny brain, trying to imagine what, as treasurer, "Gina" could possibly have had access to that would have slimy New York banker pond scum tripping over each other to ingratiate themselves with her. What could she have possibly had to offer them? Apparently, it's gonna take someone a lot smarter than me to solve the mystery. Anybody?
Nobody does the Gina Dark Dive like you, my friend. So, don’t ask.
Wait a minute. Are you thinking what I'm thinking? It couldn't be. Who'd sell out their own constituency just to further their own naked political ambition? I remember as a kid, my friend's father who was a VP at Shawmut Bank gave me advice I'll always remember: "Kid, never use your own money when you can use someone else's." He was referring to my milk money, but it could just have easily been a pension fund.
Nobody does the Gina Dark Dive like you, my friend. So, don’t ask.
Did you know that she invested 5 million bucks in her very own Point Judith fund. At the time it had a 10 year return average of -1.1%. Your money at work. A monkey could have thrown a better dart. A blind monkey. By all means, let's give her America's money to manage. What could go wrong?
A monkey could have thrown a better dart. A blind monkey.
In Gina's defense (not really, only joking) cats play the stock market better than your average broker.
Cat Beats Investors In Stock Market Challenge
Quote:
The UK Observer ran a contest last year, A bunch of investment managers invested in the best stocks they could find, while a cat named Orlando randomly chose stocks from a list. The cat won.
Which is why Treasurer Magaziner experienced his "epiphany" of low cost index funds. Something by the way, that I've know personally for 30 years. There's two, and only two, possibilities. Either "Gina" was egregiously dishonest or egregiously stupid. Either way, do you want her running the United States Department of the Treasury? Seriously, why not simply exhume Bernie Madoff?
Either way, do you want her running the United States Department of the Treasury?
Hells no.
But I don't want anyone in this entire Administration.
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