How a $100,000 Check Exposes the Politics of Pension Theft

By David Sirota

When historians one day sit down to solve the Great American Pension Heist, they will likely focus much of their attention on a scandal that has been unfolding in corruption-plagued Rhode Island over the past three years.

As I’ve written before, the concurrent trends of slashing public workers’ pensions and increasing taxpayer subsidies for corporations are not unrelated. To the contrary, the Ocean State is the latest to show how those two capers are operating in tandem to convert retiree nest eggs into yet more handouts to the super-rich.

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