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Tuesday, March 17, 2015

Your Periodic Chris Christie Corruption and Hypocrisy Dump

First, we have the gift that keeps on giving, Bridgate, where we now learn that David Wildstein, the architect of the bridge closure, who Christie said that he barely knew, turned out to have extensive and frequent contacts with the Governor's office:
The political operative who helped mastermind the notorious lane closures at the George Washington Bridge – and is now cooperating with a federal investigation of the Bridgegate scandal – had more extensive contact with New Jersey Gov. Chris Christie’s inner circle than the governor has acknowledged.

That is the conclusion of a WNYC examination of calendars maintained by David Wildstein during his four years at the Port Authority of New York and New Jersey, along with a review of more than 1,000 photographs provided by the Port Authority and thousands of pages of documents released by the governor’s own legal team and the New Jersey Legislature.

Christie has insisted he had little to do with Wildstein, his former $150,000-a-year appointee at the Port Authority with whom he attended Livingston High School in the 1970s.

“I don’t even remember in the last four years even having a meeting in my office with David Wildstein,” Christie said at his marathon two-hour press conference in January 2014, after the legislature released Bridgegate records including the now infamous email to Wildstein declaring, “time for some traffic problems in Fort Lee.” Christie told reporters: “I may have, but I don’t remember it.”

But the documents, corroborated by current and former Port Authority and Trenton staffers who requested anonymity because of the ongoing federal investigation, paint a new picture of Wildstein’s role in the Christie Administration. That view chips away at Christie’s and his lawyers’ portrayal of Wildstein as a rogue employee largely isolated from the governor who acted with one staffer in closing lanes and causing epic traffic jams on the roadways of Fort Lee for four morning commutes in September 2013.
Well that guy that Christie barely know also appears to be singing like a canary to investigators:
The political operative who helped mastermind the notorious lane closures at the George Washington Bridge – and is now cooperating with a federal investigation of the Bridgegate scandal – had more extensive contact with New Jersey Gov. Chris Christie’s inner circle than the governor has acknowledged.
(emphasis mine)

And then we have his shenanigans on pensions, which, if anything are even more egregiously awful.

First it appears that Chris Christie routinely steered pension money to campaign contributors firms:
Two years ago, as New Jersey Gov. Chris Christie pursued re-election, his administration found itself mulling investment options for the state’s $80 billion pension fund. In one deal in May 2013, officials settled on a subsidiary of U.K.-based foreign financial conglomerate Prudential plc. With little fanfare, state pension overseers quickly endorsed the deal.

Weeks later, a Hong Kong-based executive director and board member of Prudential plc delivered a maximum $3,800 contribution to Christie’s gubernatorial campaign, followed by a maximum $32,400 donation to the Republican National Committee, which was about to launch a get-out-the-vote effort for Christie. Two months after that, New Jersey began moving public employees’ retirement savings into two funds managed by the Prudential subsidiary as part of the state’s new $300 million investment commitment to the company.

State and federal rules are designed to prevent firms that manage public pension money from contributing to the campaigns of public officials who have the authority to influence pension investments. The sequence of transactions in New Jersey, campaign finance experts say, is troubling.

"Pay-to-play laws are intended to stop the potential conflicts of interest and appearance of corruption that arises whenever executives at a financial firm make large political contributions to a governor and his political party around the time the state is picking the firm to handle pension system investments," said Larry Noble, a former general counsel of the Federal Election Commission who now works for the nonpartisan Campaign Legal Center, a research group in Washington, D.C. "These situations undermine the public’s confidence in the integrity of government contracting."

………

Pension investment experts interviewed by IBTimes were disturbed by the chronology of New Jersey’s Prudential deal, and the fact that Stowe’s donations closely followed the Christie administration awarding pension contracts to Prudential’s subsidiaries.

"This is about as blatant as I think I've ever seen in terms of timing," Andrew Silton, who served as the chief investment officer of the $90 billion North Carolina Retirement System, said. "Forgetting whether or not it violates New Jersey’s state rules or the SEC’s rules, just from the perception of public integrity, it is just such an obvious quid pro quo that the political organizations are working Prudential plc for contributions and simultaneously the New Jersey pension division is processing the paperwork on a major investment."
It's gotten so bad that New Jersey state house Democrats have finally stopped fellating Jabba the Governor, and passed a law against allowing campaign contributors to his Presidential campaign to manage pension money: (A well deserved knifing)
Chris Christie may have to change the way he does business. New Jersey lawmakers have sent a bill to the Republican governor's desk that would keep state pension money from going to firms whose executives make donations to federal political organizations -- including, potentially, Christie's presidential campaign.

The Christie administration has invested millions of dollars of New Jersey pension money with firms whose executives donated to the Republican Governors Association and the Republican National Committee, both of which spent heavily in New Jersey in support of Christie’s gubernatorial campaigns. The bill, which would effectively deter such campaign contributions from those firms' executives, passed both legislative chambers by large majorities.
More significantly from a political perspective is the recent judicial ruling that Christie broke his own law by underfunding pensions:
In a major blow to Gov. Chris Christie, a New Jersey judge ruled on Monday that he violated state law when he declined to make the full payment into the state’s pension system for public employees last year and ordered him to find a way to fund it now.

The decision further complicates Mr. Christie’s hopes of reviving his presidential ambitions, which have suffered in recent weeks as his approval ratings in New Jersey have sunk to the lowest point of his tenure, and Republican donors have moved to other contenders for the party’s nomination.

It came on the eve of his annual budget proposal to the Legislature, which already presented him with the challenge of finding $2.9 billion to make next year’s pension payment. The challenge is steep, with the state’s economy lagging well behind its neighbors’ and the nation’s, the state surplus dried up, and the governor loath to raise taxes.

Mr. Christie will now be scrambling also to find the $1.57 billion the judge ordered him to pay.
This might be the most politically damaging part, as his Presidential campaign.  Fiscal probity, and cutting taxes, along with that whole shouting at people bit, are supposed to be at the core of his appeal.

And then there is the Exxon pollution deal, where it appears that he settled for pennies on the dollar, because of a section of a law that he pushed that would allow him to use the money for the general fund rather than cleanup:
For more than a decade, the New Jersey attorney general’s office conducted a hard-fought legal battle to hold Exxon Mobil Corporation responsible for decades of environmental contamination in northern New Jersey.

But when the news came that the state had reached a deal to settle its $8.9 billion claim for about $250 million, the driving force behind the settlement was not the attorney general’s office — it was Gov. Chris Christie’s chief counsel, Christopher S. Porrino, two people familiar with the negotiations said.

One of those people, Bradley M. Campbell, was the commissioner of New Jersey’s Department of Environmental Protection in 2004 when the lawsuits against Exxon were filed. Mr. Campbell, in an Op-Ed article appearing in The New York Times on Thursday, wrote that “even more troubling” than the decision to settle the lawsuit were “the circumstances surrounding the decision.”

He goes on to say that former colleagues of his in the state government told him that Mr. Porrino “inserted himself into the case, elbowed aside the attorney general and career employees who had developed and prosecuted the litigation, and cut the deal favorable to Exxon.”

………

Much of the criticism has focused on the lack of a public rationale for why the state would choose to settle a lawsuit that it had invested so much effort and time in trying to win; environmentalists fear that Mr. Christie, a Republican, wants to use the money for other budgetary needs. Indeed, a state appropriations law, proposed by Mr. Christie last year, says that any funds beyond the first $50 million collected in damages or other environmental recoveries shall go to the state’s general fund.

When state lawmakers tried to amend the proposal to steer more money back toward environmental restoration, Mr. Christie vetoed the effort.
And then we have what appears to be a coverup of the details of a deal with Jerry Jones following the Dallas Cowboys owner flying him out to a playoff game and hosting him in the owner's private box:
After New Jersey Gov. Chris Christie recently accepted free football tickets and travel from Dallas Cowboys owner Jerry Jones, two key questions emerged at the center of the controversy: Did the gifts have anything to do with Christie’s appointees to the Port Authority of New York & New Jersey giving Jones’ firm a contract to manage operations at the new One World Trade Center in New York City? And how did Christie arrive at his decision to endorse that contract?

Christie officials have publicly denied any connection between the gifts from Jones and Jones getting the contact, but there is no way to verify those denials. That's because on Monday, Port Authority officials formally blocked the release of correspondence -- if it exists -- between themselves and Christie’s office about the transaction with Legends Hospitality, the Jones-owned firm in question.

Finally, we have the metastasizing scandal about how the Governor's office intervened against a corruption investigation in Hunterdon County that implicated political allies, and the disasterous privitization of the management of the New Jersey lottery. (No surprise, the company managing the NJ Lottery has made donations to Christie run organizations.)

When is this guy going to be doing the perp walk into federal court?




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