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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsChristie Doesn't Want Anybody Looking In To....
well frankly lots of things, but this time its his "arrangement" with Charlie Baker to manage billions in NJ pension funds. A $10,000 donation to the RGA (or in this instance, the NJ State Republican Committee) seems to be the standard initiation fee to get in on the Republican looting of the public treasury-and Mr. Baker paid up. Yes another Christie post, but this is as much about Massachusetts as it is about New Jersey-the details of the dirty little agreement between Christie and Baker regarding management of NJ's pension funds should be of particular interest to Bay Staters worried about the race between Baker and Martha Coakley.
As chairman of the Republican Governors Association, New Jersey Gov. Chris Christie has helped Charlie Baker with millions of dollars worth of ads supporting his Massachusetts gubernatorial campaign. But that's not the only way he may be boosting the GOP candidate in the final weeks of a close election: Christie officials are blocking the release of the findings of New Jersey's pay-to-play investigation into Baker.
The documents being withheld pertain to an investigation of Baker's $10,000 contribution to the New Jersey Republican State Committee. The contributions came just months before Christie officials gave Baker's company, General Catalyst, a contract to manage New Jersey pension money. New Jersey's pay-to-play rules prohibit contributions to state parties from "any investment management professional associated" with a firm managing state pension money.
When the campaign donations and subsequent pension contract came to light in May, Democrats criticized Baker, who was then launching his 2014 campaign for governor of Massachusetts. In response, New Jersey launched a formal investigation into Baker's contributions. The Newark Star-Ledger reported at the time that Christie officials "said the review would take several weeks."
Five months later, with Baker now neck-and-neck in the polls with Democratic Attorney General Martha Coakley and backed by more than $5 million from the Christie-led RGA, Christie officials have denied an open records request for the findings of the investigation.
read the rest here: http://www.ibtimes.com/chris-christie-blocks-release-pay-play-probe-charlie-baker-massachusetts-gop-nominee-1708016
Historic NY
(37,449 posts)they are catching on especially those who thought he'd fix things. As per conversations with some pubic pension employee's this past weekend. They are beginning to see they have sunk further and further into the abyss.
Rod Beauvex
(564 posts)...they'll still vote for the next Republican that claims they will fix this mess the liberals created.
Historic NY
(37,449 posts)<This is best illustrated by Mrs. Whitman's decision to withhold billions of dollars that should be going into the public employee pension funds over the next few years, and using the bulk of that money to balance the state budget. Then, with an audacity that dazzles her supporters and even draws grudging admiration from opponents, Mrs. Whitman smiles and characterizes the withheld funds as savings.>
http://www.nytimes.com/1995/02/22/opinion/in-america-whitman-steals-the-future.html
Withholding the money and taking the payments small government made for their employee's has made the problem worst. Some small towns now can't keep up and pay in after years of the money they sent being used elsewhere.
Beach Rat
(273 posts)Isn't this the kind of stuff that the Solomon Dwek sting was about? I give you a donation and you make sure I'm treated right! It's ok when Christie is on the receiving end of the donation. I guess $10,000 is a reasonable commission to pay for the millions in business this guy got.
Laxman
(2,419 posts)in the club? Other than the law firm that wrote Christie's exoneration report, the guy from Blackstone who got his own chunk of pension funds, the fellas down at the U.S. Attorney's office who got cushy jobs with the Christie administration, Ash Britt (of the no-bid Sandy contract fame) and countless other hogs at the trough?
sums this year. Private investment firms are big donors, with ETC Capital in Michigan supplying $2.5 million alone. Christie also benefited from New Jersey sources, like pharmaceutical companies based in the Garden State along with engineering, law and lobbying firms that work with government and often donate to New Jersey politicians.
The two companies that run New Jersey's lottery system after Christie privatized it last year GTech and Scientific Games gave a combined $100,000. And Ashbritt, which Christie hired last year for a no-bid Sandy clean-up controversy, triggering much controversy, also donated $100,000.
Christie also got significant sums from two men who had lobbied Christie to get into the 2012 presidential race New York hedge fund manager Paul Singer ($1.35 million) and Iowa hog-and-ethanol baron Bruce Rastetter ($20,000).
read more here: http://www.njspotlight.com/stories/14/10/16/chris-christie-s-millions#
I guess Sheldon Adelson, who contributed $100,000 to the RGA must actually own Christie. What a great pet!