RI says ‘no’ to excessive executive pay


Deprecated: Function get_magic_quotes_gpc() is deprecated in /hermes/bosnacweb08/bosnacweb08bf/b1577/ipg.rifuturecom/RIFutureNew/wp-includes/formatting.php on line 4387

Deprecated: Function get_magic_quotes_gpc() is deprecated in /hermes/bosnacweb08/bosnacweb08bf/b1577/ipg.rifuturecom/RIFutureNew/wp-includes/formatting.php on line 4387
Seth Magaziner
Seth Magaziner

In 2016, Treasurer Seth Magaziner has voted “no” on executive compensation plans at 75 companies, including Facebook, eBay, and the parent company of Google, “due to a misalignment between CEO pay and company performance or because the compensation plans were deemed excessive or otherwise inappropriate.”

“My job as Treasurer is to deliver strong financial performance for the state’s pension fund. When the companies we invest in award excessive pay packages to executives, it comes at the expense of the pension fund and the public employees we serve,” Magaziner said. “Our say-on-pay effort reflects our position that executive compensation should be transparent and based on performance.”

Earlier this year Magaziner announced that he will use the power of the Treasurer’s office to “vote against appointing white men to corporate boards of directors that are already comprised of mostly white men.” This latest announcement can be seen as a continuation of Magaziner’s belief that corporate reform can come through ethical voting from progressive investors.

Magaziner says that since the 1970s, inflation-adjusted CEO pay in the U.S. increased by almost 1,000 percent, according to a study last year from the Economic Policy Institute. Six of the highest paid U.S. CEOs make more than 300 times the salary of their typical employee, according to the compensation analysis firm PayScale.

Facing increasing shareholder advocacy amid a volatile market and slower growth rates, many of America’s biggest corporations are under an intense spotlight to link chief executive pay to company performance, according to the Korn Ferry Hay Group 2015 CEO Compensation Study.

Magaziner has sent a letter to all companies that received “no” votes to inform them of Rhode Island’s opposition to their executive pay packages, and offer to open a dialogue about how they can make progress on this important issue.

Mystery Facebook hater revealed as candidate for Warwick mayor


Deprecated: Function get_magic_quotes_gpc() is deprecated in /hermes/bosnacweb08/bosnacweb08bf/b1577/ipg.rifuturecom/RIFutureNew/wp-includes/formatting.php on line 4387

Deprecated: Function get_magic_quotes_gpc() is deprecated in /hermes/bosnacweb08/bosnacweb08bf/b1577/ipg.rifuturecom/RIFutureNew/wp-includes/formatting.php on line 4387

When I initially reported on this social media altercation with an individual who chose to cast at me unwarranted and hateful slings and arrows in the dead of night with regard to my previous post on the Senate Finance Committee hearing on a supplemental excise tax on guns and ammunition, I chose to withhold the identity of the individual. I did so because, at the time, this person was to me, a anonymous stranger.

I was wrong.

The person who incoherently and arbitrarily started a fight and threatened me via late-night Facebook messenger out of nowhere was Stacia Petri, candidate for mayor of Warwick.

 

It continues on like this, and one needs only refer to the previously recounted exchange to see the extreme lengths the Warwick Republican mayoral candidate went to insult, berate and disparage me and anyone who shares my socio-political viewpoint.

She continued by telling me she was a lobbyist for taxpaying citizens (albeit, an unregistered lobbyist) and that she would “see me at the state house, asshole.” When I asked her directly if that was a threat, she responded by asking, “do you feel threatened? Good.” She then went on to insinuate that only illegal aliens, as sanctioned by “idiot liberals” could be drug addicts. when I expressed confusion at this statement and told her I had no idea who she was and nobody cared what she thought, she assured me that they would.

It was only recently that I came across a Facebook-noted press release announcing her candidacy for mayor of Warwick. According to the release:

“Warwick has always been a special place to live—a place to raise a family…a place to retire…a place to call home, but it’s all changing for the worse.”

She continues, as quoted in the release, to say:

“The condition of our city and our schools speak for themselves. If Warwick continues on the Mayor’s reckless approach, the urban decay will only grow worse. My administration will set a new direction by listening to the concerns of Warwick citizens and identifying the issues that are most problematic to them. I will confront these issues directly and propose solutions so Warwick is prosperous for all residents.”

Is that all residents? Or is that all residents except for “idiot liberals” or “illegals” who are encouraged by those liberals to be intravenous drug users? The press release goes on to say:

She was also brought to tears watching the elderly beg and plead to stop the double-digit increases in water and sewer rates when they barely have enough to spend on groceries.

But let’s remember, this was the woman who, after reading an account of another mayoral candidate, this one a Democrat for the City of Providence, using the legislative process to propose a sensible means by which to fund non-violence education and implementation statewide that, in no way, shape or form infringes upon one’s second amendment rights, insinuated that I needed a copy of the Cliff’s Notes to Constitution for Dummies. Yet, we’re to believe she weeps for the elderly.

My sense is that anyone who randomly spits venomous verbal assaults on strangers via Facebook messenger in the dead of night for exercising his right to opine on legislative hearings in an informed manner, may not have the temperament to handle the highest executive office of Rhode Island’s second most populous city.

 

Voters, do you feel threatened? Good.

Attacked on Facebook by an alleged lobbyist


Deprecated: Function get_magic_quotes_gpc() is deprecated in /hermes/bosnacweb08/bosnacweb08bf/b1577/ipg.rifuturecom/RIFutureNew/wp-includes/formatting.php on line 4387

Deprecated: Function get_magic_quotes_gpc() is deprecated in /hermes/bosnacweb08/bosnacweb08bf/b1577/ipg.rifuturecom/RIFutureNew/wp-includes/formatting.php on line 4387

gunnutEarly Sunday morning (about 1am), I received an unsolicited Facebook-Messenger attack. I can only imagine it was a response to my most recent opinion piece on the hearing befor Senate Finance on the 10% supplemental excise tax on guns and ammunition. Although, I cannot be certain. What I am certain of, however, is the remarkably angry tone and insensitive absence of logic, slung at me by a complete stranger was completely unprovoked.

In retrospect, I probably should have completely ignored it. In the future I will refrain from being baited into such pointless exercises. Maybe it was exhaustion or simply my own lack of self control, but I foolishly engaged in the dialogue and was so shocked by this person’s incapacity for civil discourse that I had to share it.

As a disclaimer, I am a progressive political operative. I make no attempt to hide the fact that I prioritize people over profits. However, I am far from radical. I tend to work within the system and, while my progressive values and personal integrity prevent me from keeping still and silent when I feel strongly about an issue, I make every attempt to accept opinions that differ from mine.

But, in the dead of night, when my smart phone chimed with unwarranted vitriol, spewed from a complete stranger who, like any well practiced bully, picks a fight by finding sensitive pressure points, I took the bait.

Here is the actual Facebook Messenger conversation. I added some personal commentary and removed the name of the individual to maintain privacy. I also blurred the photograph. However, everything else is copied, unedited, as it occurred.

The stranger’s voice appears under the blurred photo. My voice appears in bold face type. Commentary is in italics.

The Constitution has been clear for 227 years.  Maybe you should grab a  copy  of  “Constitution For Dummies” (cliff note version) …maybe Barnes and Noble could special order you one.

The Constitution has not been clear for 227 years. If it had been, we would not need a Supreme court to interpret and render decisions. Pick up a copy of a GED online, since you haven’t bothered to pay attention in civics. Don’t contact me again.

Every decision protects what it stands for

You can write all the garbage you’d like….

I know. See amendment # 1.

Yes unfortunately we have to tolerate nonsense

I addition to all the corruption in this state

No. I can block you. Bye, psycho.

Yeah I’ll see you at the state house

Asshole

Is that a threat? If so, I will contact the state police.

I’m a lobbyist for tax paying citizens

If this person is a lobbyist, he/she is not registered as such with the Secretary of State in Rhode Island.

Do you feel threatened?? Good

So am I. The police have been contacted. Please wait by your door.

So, I lied here. I did not contact the police. I was tired and trying to express that communication of threats is a crime.

Whatever

Excellent argument.

Can’t debate with an idiot liberal… They start whining

When you want to have a real debate id LOVe to

Can’t argue with crazy. I’m busy organizing.

The classic response

You know crazy you walk through it’s doors every day . Night

Okay, put the needle down and seek some rehab, sugar.

I got mean here. I shouldn’t have insinuated that the person was an intravenous drug user. I’ve known many who suffer from addiction and their condition should not be minimized by using it as an insult.

 

That’s for the illegals to take care of

You know you give them the ok….

I don’t even know what your talking about. Can you please stop typing and crawl back to the cave you came from. I don’t know you or care what you think. I’ve never heard of you. I don’t want to hear from you again. Please cease and desist your unsolicited harassment of me. Nobody cares about your ideas or opinions.

Can’t wait to share this

Nobody cares. Grow up.

Oh, they will.

At this point I made good on my threat to block the person.

I am trying not to form generalizations based on this encounter. My hope is that this incident does not represent the majority of right-wing, conservatives. I assume this person to be a right-wing conservative only because of the disparraging description of me as an “idiot liberal.”  He or she does not appear to be liberal, so I do not think he or she thinks of his or herself as a smart liberal and is simply pointing out my stupidity. I also hope that this person is not actually a lobbyist for taxpayers. I pay taxes. I don’t want to be represented by an unregistered bigot.

However, the ominous (or hilarious) church bell finale to the conversation left me wondering if this is the sort of red flag that should be noticed prior to an incidence of domestic terrorism. I’m going to choose to laugh this one off. But, one never knows.

House of Reps on Facebook Want to Hear From You


Deprecated: Function get_magic_quotes_gpc() is deprecated in /hermes/bosnacweb08/bosnacweb08bf/b1577/ipg.rifuturecom/RIFutureNew/wp-includes/formatting.php on line 4387

Deprecated: Function get_magic_quotes_gpc() is deprecated in /hermes/bosnacweb08/bosnacweb08bf/b1577/ipg.rifuturecom/RIFutureNew/wp-includes/formatting.php on line 4387
Screen shot of the state House of Representatives Facebook page.

Progressives take note and take action: the state House of Representative’s Facebook page is now soliciting opinions on potential upcoming legislation.

Recent questions include: Do you think the House and Senate should repeal the Voter ID law? Would you support a tax credit for employers who hire graduates of local colleges and universities who choose to stay in Rhode Island after graduation? Would you folks support Marijuana Legalization in 2013?

To like the page and weigh in on its questions of the day, click here.

It’s a really cheap and effective way for the chamber to do some very informal polling on issues. Of course, by this very post I’m trying to manipulate it’s value to legislators. But tea partiers are sharing these posts as well, and flooding the comment stream already … if we want to ensure that our voices are equally heard (which they aren’t) we need to compete in the same venues.

Another question I have that I’m betting no one really knows the answer to yet: is the information contained on social media accounts belonging to state and municipal agencies a public record?

Politico Shows Why RI Future Matters


Deprecated: Function get_magic_quotes_gpc() is deprecated in /hermes/bosnacweb08/bosnacweb08bf/b1577/ipg.rifuturecom/RIFutureNew/wp-includes/formatting.php on line 4387

Deprecated: Function get_magic_quotes_gpc() is deprecated in /hermes/bosnacweb08/bosnacweb08bf/b1577/ipg.rifuturecom/RIFutureNew/wp-includes/formatting.php on line 4387
Anthony Gemma

Anthony GemmaSo, Politico’s Steve Friess published a story today about a phenomenon about the Gemma campaign I pointed out on March 20th. I’ve sworn off on saying anything more about Mr. Gemma, I’ll let other writers for RI Future and the rest of Rhode Island’s chattering class cover it

I also want to take the time to give credit elsewhere; I didn’t discover these social media oddities, a friend’s friend did, and I was alerted about it and went digging. Luckily RI Future’s editor, Bob Plain, had already been looking into it as well and provided me the screen shots and the other information he had. It’s a testament to him that he let me run with it.

That highlights that even our master strokes tend to come from elsewhere. Mr. Friess’ story is a brilliant piece of work, taking from my initial piece to picking up on WPRI’s Ted Nesi’s July 19th piece about the now-abandoned Twitter handle @gemma4congress. Mr. Friess has access to social media research that I simply didn’t on March 20th, and couldn’t access today. Now, as a result of the Politico piece, RIPR and even the The Providence Journal has covered the action (in fairness, their PoliFact RI arm had looked into issues about Mr. Gemma’s LinkedIn account last election cycle).

What bothers me is that it took so long for local media like The Journal to pick up on this story. We broke this in March, The Phoenix‘s Phillipe and Jorge mentioned it, WPRO’s Dan Yorke talked with Bob about it soon after, and then nothing until Mr. Nesi got tweeted at by whatever script was operating @gemma4congress (though Twitter was a bit more alive about it in March, if my recollections are correct). Perhaps it was the tone of my piece, or perhaps because Mr. Gemma had not made an official announcement at that point. Perhaps because I was willing to give Twitter the benefit of the doubt then.

Regardless, we broke this in March. It is July now. That’s the kind of news you can expect from RI Future. We cannot be everywhere. None of us get paid to do this. We’re the news that lives like you. Yet what we get is important, it matters. That same ability is going to be applied to the primaries and the general election. It’s going to be applied to races for the General Assembly. We face a lack of resources (I, for instance, commute to work by foot). Yet what we bring you will be strong.

I lacked the ability to take this story all the way; Mr. Nesi pushed it forward, and then Mr. Friess got it to where it is today (by not only providing social media research on Mr. Gemma alone, but doing the due diligence that an amateur like myself wouldn’t think of and looking into the surrounding organizations). It’s great when a small outfit like ours can toss the ball to a stronger outfit and then it gets passed to an even stronger one that can score big, like in a rugby game. Granted, I would’ve loved to have this all in March. But I also would’ve loved if this had happened sooner. It’s 4 months from March to July. RI media could’ve been on this without Politico showing us the way.

But perhaps the timing wasn’t right in March, coming as it did during a news lull; in contrast, shortly after Mr. Nesi mentioned his Twitter run-in with @gemma4congress, news broke about Mitt Romney having suspiciously inflated Twitter numbers. Perhaps that’s what finally made this matter. Oh well, next time, RI media, next time.

RI Progress Report: 38 Studios, Woonsocket Race To Bankruptcy


Deprecated: Function get_magic_quotes_gpc() is deprecated in /hermes/bosnacweb08/bosnacweb08bf/b1577/ipg.rifuturecom/RIFutureNew/wp-includes/formatting.php on line 4387

Deprecated: Function get_magic_quotes_gpc() is deprecated in /hermes/bosnacweb08/bosnacweb08bf/b1577/ipg.rifuturecom/RIFutureNew/wp-includes/formatting.php on line 4387

38 Studios laid off all of its employees yesterday … I guess Curt Schilling and Linc Chafee will be completing Copernicus by themselves.

Speaking of going bankrupt, Woonsocket’s supplemental tax increase failed to win approval in the House yesterday afternoon after Rep. Lisa Baldelli-Hunt, a Woonsocket Democrat, stymied its passage. “The end came suddenly, with a sharp bang of Speaker Gordon Fox’s gavel cutting off discussion with resounding finality on a parliamentary maneuver by Baldelli-Hunt to send the bill back to committee,” wrote Jim Baron of the Woonsocket Call.

Barrington did indeed back off its idea to offer a limited number of out-of-town students to attend the high-achieving local schools if the could afford to pay tuition, as we reported yesterday.

This is something Rhode Island should work on changing: the state ranks 12th from the worst in the nation in terms of being bicycle friendly.

5 Ways The Facebook IPO Teaches Us About How Wall Street Games The System

Paul Krugman: “…overall business productivity in America grew faster in the postwar generation, an era in which banks were tightly regulated and private equity barely existed, than it has since our political system decided that greed was good.”

A great story by the Associated Press on CEO pay and how to compare those outrageous salaries compare to the rest of us.

Rest in peace, Scott Nixon, a much-heralded professor of Oceanography at URI. According to Provost Donald H. DeHayes, he “was a world leader in the study of how coastal and estuarine ecosystems work, initially using Narragansett Bay as his laboratory and employing mesocosms to measure respiration and production at a community level. While his findings helped define our understanding of marine ecosystems locally, Scott applied his knowledge at broader scales, too, exploring marine ecosystems around the world, comparing and contrasting them to shape a global view that he then used to challenge himself to think in new ways and to challenge the scientific dogma of the times.”

Gemma’s Suspicious Facebook Followers


Deprecated: Function get_magic_quotes_gpc() is deprecated in /hermes/bosnacweb08/bosnacweb08bf/b1577/ipg.rifuturecom/RIFutureNew/wp-includes/formatting.php on line 4387

Deprecated: Function get_magic_quotes_gpc() is deprecated in /hermes/bosnacweb08/bosnacweb08bf/b1577/ipg.rifuturecom/RIFutureNew/wp-includes/formatting.php on line 4387
Anthony Gemma

Anthony GemmaAnthony Gemma is running for U.S. Congress as a Democrat. He hasn’t formally announced yet, but it’s pretty clear.

For instance, type “Anthony Gemma” in any search engine. See the first result? “Anthony Gemma for Congress 2012.” He’s also taken a leave of absence as CEO of Mediapeel after selling it to Alex and Ani. Mr. Gemma needs to stop beating around the bush and announce already. The ongoing speculation feels like it’s being used as an attempt to drum up buzz, and it’s not helping him. He has been running since he lost in 2010. We know this. I saw Facebook advertisements back in 2011. Mr. Gemma has been attacking U.S. Congressman David Cicilline since the latter took office, every chance Mr. Gemma gets. It’s long past time for him to announce.

Unfortunately for Mr. Gemma, Democrats don’t want him. Maybe it’s the fact he only affiliated with the Democrats when he decided to run for U.S. Congress the last time. Maybe it’s that, as WPRI’s Ted Nesi put it on Newsmakers, “he’s sounding more like a Governor or an EDC chairman” than a congressional candidate. Joe Fleming also makes clear in that video that Mr. Gemma has almost no support from the left or the establishment wings of the Democratic Party, and even his support among its right wing will be shaky. The Party will lock shields around Mr. Cicilline.

Mr. Gemma doesn’t belong in politics. He belongs in business, where he can at least hide somewhat from public view and people are less inclined to challenge him openly. Unfortunately for the all-but-declared primary contender, politics is a public process, where scrutiny comes at you whether you want it to or not. Which is why it’s interesting to see that the candidate’s campaign page on Facebook suddenly leaped up in likes during the month of February.

A sudden jump in Anthony Gemma for Congress' number of likes; apparently, he's popular in Germany

Just as interesting are the subscribers to his personal page. Who are the 20,000+ people subscribed to Anthony Gemma’s Facebook? And here’s a better question: what’s up with many of their unusual names? And why do most like “Unicorn City Film” as a movie? Or why do Kevin Ubtryvh and Heideo Uthrdl have the same 16 friends (and only 16 friends), the exact same likes in sports teams, music, books, movies, and television, and yet somehow aren’t friends and grew up and went to schools in completely different places? Why are a large majority of their friends sporting the last name “Hic” or else some slight variant on that? Is Penix Jermainebrianne even a real person, or should her parents (assuming they exist) simply be examined for naming her such? Why do so many of Mr. Gemma’s Facebook subscribers follow this basic pattern of an odd first name followed by a last name made up of two names which are usually first names?

Mr. Gemma is about to go up against David Cicilline, a well-financed opponent who has a strong base of support among the Democratic Party apparatus. But Mr. Cicilline may have the money and ground games ready, he doesn’t have anything like Mr. Gemma’s Facebook numbers; totaling a mere 3,456 likes (this is comparable with numbers put up by Senator Sheldon Whitehouse). Mr. Gemma racked up 41,764 likes on February 23rd alone (a date he issued a press release attacking Mr. Cicilline; this doesn’t usually brings tens of thousands to click “Like” on one’s Facebook page). Looking just at his Facebook numbers, Anthony Gemma should be Rhode Island’s most popular politician. Which is why he sits 13 points behind Republican candidate Brendan Doherty in the latest WPRI poll (in comparison, Mr. Doherty has only 5,523 likes).

Now, there’s no conclusive proof that Mr. Gemma is not popular in Germany, Spain, Indonesia, and Dubai; countries where many of his subscribers are from. There’s no conclusive proof that Corinem Yers doesn’t exist (he’s also a fan of Unicorn City Film). But these people don’t show up on a Google search in any other place except Facebook. In contrast, most people tend to at least show up  somewhere other than Facebook, because they have lived full lives. Examples include websites for their colleges, or their jobs, or in newspapers, or even the online white pages. Maybe those following the not-yet-a-candidate are merely people who are so cloistered from modern society they’re only allowed limited Facebook access. And maybe Anthony Gemma appeals to those people. In which case, he should be applauded to reaching out to a forgotten segment of our society.

But alternatively, people (especially those who are a bit tech savvy) could take a look at this and come away thinking one thing: Anthony Gemma is utilizing bots to inflate his social media numbers. Even if that’s not true, the appearance is what matters. Anyone looking for big numbers is going to think that more likes on Facebook equals a better candidate. But therein lies a problem. If your social media followers aren’t dedicated, if they aren’t real, then you’ve just lost a social media battle. To technologically competent people, nothing’s worse than a social media phony. People might begin to think like Facebook user Alex Avalos, who put it thusly to Anthony Gemma:

 

______________________________________________

Updates: RIFuture has attempted to contact Mr. Gemma for a response, but so far, he has not yet responded.

Sadly, an astute reader has pointed out that the Facebook account Penix Jermainbrianne no longer exists.

We also have been getting some emails and Facebook responses about this story. Readers have pointed out that Mr. Gemma’s Twitter followers are likewise odd, and he seems to be able to rally online support in online polls. Last election cycle, the Providence Journal‘s PolitiFact was unable to conclusively evaluate claims made by Mr. Gemma’s campaign about his status on LinkedIn. Likewise, a couple of readers have said this recalls late last year when Republican Presidential candidate Newt Gingrich was revealed to have followers who were roughly 80% dummy or inactive accounts. However, that was evaluated to be not far off from a standard political account. The second-to-last paragraph of that story leaves us with the idea that we should apply caution to all online interactions and not take things at face value.

So there is no smoking gun to suggest that Gingrich, or any of these politicians, bought any of their followers. But what this kind of analysis also reveals, says Topsy [a social media search company], is how hard it is to say which Twitter accounts are for real and which aren’t. Spam bots are getting more sophisticated; many now have fake profile pictures, fake bios and generate fake tweets. “The fact is, a large proportion of all Twitter accounts are inactive anyway,” says Ghosh [Topsy co-founder].