General Treasurer

Burning $100 bills

Magaziner is abusing the position of General Treasurer.

By Justin Katz | October 14, 2021 |

If we had a healthy civic culture, wherein citizens had been adequately educated in the appropriate use of government power, it would be the stuff of scandal, rather than political bragging, that Rhode Island General Treasurer Seth Magaziner is abusing his authority over state investment funds for purposes of political activism.  As he touts on…

A water drop and ripples

Magaziner running from the podium after announcing a run for governor has become typical crafting.

By Justin Katz | September 20, 2021 |

The bottom line is that the news media supports progressive Democrats, so its practitioners are not anxious to press their candidates when they decline to answer questions in the service of crafting the news stories.  That’s why it’s entirely natural for Rhode Island General Treasurer to hold a press conference announcing his expected run for…

A water drop and ripples

Treasurer Magaziner should stop using his office for political pronouncements.

By Justin Katz | August 31, 2021 |

Rhode Island General Treasurer Seth Magaziner just sent out a statement through his official spokesman and including the seal of his office: “Statement from Treasurer Magaziner Calling for Vaccine Requirement for Teachers and School Staff.” “With children across Rhode Island returning to school this week, we must take immediate action to protect them from COVID-19,”…

A water drop and ripples

Wouldn’t it only be news if the state’s pension fund was at record lows?

By Justin Katz | August 26, 2021 |

I keep seeing these headlines about RI General Treasurer Seth Magaziner announcing record highs for the pension fund, but shouldn’t that always be the case?  Unless the workforce is shrinking, even keeping up with inflation should produce record highs.  It seems to me mainly an indication that we have too many people in PR in government.

Divest Our Pensions sign

Is the General Treasurer divested of fiduciary responsibility?

By Justin Katz | April 22, 2021 |

I ask because in a new press release from Rhode Island’s General Treasurer Seth Magaziner, the progressive Democrat announces his office’s step to divest the state pension fund of investments in fossil fuels: This morning, in advance of Earth Day, Rhode Island General Treasurer Seth Magaziner announced a nearly 50 percent decrease in the Rhode…

Show your support for Anchor Rising with a 25-cent-per-day subscription.