Chafee on GoLocal LIVE Says Raimondo Too Cozy With Corps, He Is Thinking About Run for Gov

Kate Nagle, GoLocal News Editor

Chafee on GoLocal LIVE Says Raimondo Too Cozy With Corps, He Is Thinking About Run for Gov

Chafee joins GoLocal LIVE
Former Rhode Island Governor Lincoln Chafee called current Governor Gina Raimondo "too tight with corporations" in a wide-ranging interview on GoLocal LIVE on Thursday, in which he confirmed he is thinking about running for Governor once again, in 2018.

"I am thinking about it (running for Governor," said Chafee.

"You can't let the [Democratic] party do what it did in '16 and that is lose to Donald Trump," said Chafee. "The party aligned itself too much with corporations, [from] Clinton's $800,000 speeches, the Clinton Foundation -- it's not the traditional Democratic party."

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Chafee spoke with GoLocal News Editor Kate Nagle about his view of the "myth" that pension reform was solely due to Raimondo's efforts during her time as General Treasurer, as well as the position of the Progressive Democrats in Rhode Island, as it pertains to Raimondo.

Debunking Pension Reform

"It all started after 2011 when we passed pension reform and I signed it, and shortly after in 2012 when [Raimondo] went on national tours," said Chafee. "I was too busy to respond, but wait a second, we were part of [pension reform] -- determining age of retirement, years of service, the COLA issue, and the special session, which I don't think that ever happened in my lifetime."

Chafee said he took affront to how Raimondo funded her effort. 

"I was very unhappy with EngageRI's activity -- who was this group and where did this money come from?  It was dark money but protected under some laws," said Chafee, of entity backing the pension reform effort - and Raimondo - that raised more than a half a million dollars.

"For Rhode Island taxpayers, [EngageRI's] approach of attacking the unions when we were trying to work with them on age of retirement, years of service, hybrid plans that helps member, on COLAs,  while EngageRI ran confrontational ads -- I didn't like it," said Chafee. 

 

"And my final issue [on pension reform] is performance," said Chafee. "Retirees were promised their COLA would come back when the fund reached a certain solvency -- and now the hedge funds [investments] pushed that out further. The investments were terrible with the rapaciously high fees. The retirees have to be livid."

Chafee challenged the notion by some that Raimondo was the sole architect of pension reform. 

"This...has been going on for years - the record needs to be set straight, and I challenge anyone to look at the record if it's accurate or not," said Chafee.

Gov. Gina Raimondo
Corporate, and Progressive Politics 

"I care about Rhode - it's my state," said Chafee. "I don't like when we got the $60 million [recouped] for 38 Studios, and it immediately went out the door to GE and Johnson and Johnson. Of course that makes me mad."

Chafee had previously criticized the "candy store" approach of economic incentives under the Raimondo Administration. 

"There are progressive issues that need to be addressed," said Chafee. "It seems like our current governor is aligned with the corporations, and that's not the traditional Democratic party."

 


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