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When Kim comes back from that Mexico cruise, perhaps she can explain this [View All]

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prodigals0n Donating Member (174 posts) Send PM | Profile | Ignore Mon Jan-03-11 11:18 PM
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When Kim comes back from that Mexico cruise, perhaps she can explain this
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New Jersey's first Lieutenant Governor, Kim Guadagno, is like her boss: Corrupt, incompetent, and with so much to hide.

From conservative Star-Ledger editorial page writer, Paul Mulshine:

When Kim comes back from that Mexico cruise, perhaps she can explain this

Published: Monday, January 03, 2011, 11:27 AM Updated: Monday, January 03, 2011, 3:18 PM
By Paul Mulshine/The Star Ledger

"New Jersey Watchdog reports a move that Lieutenant Governor Kim Guadagno made as Monmouth County sheriff to boost a pal's public pension:

"False statements by Lt. Governor Kim Guadagno enabled a police official to improperly receive $170,000 from a state pension fund, according to a New Jersey Watchdog investigation.

"As Monmouth County Sheriff, Guadagno helped Chief Michael W. Donovan Jr. circumvent pension rules to collect more than $85,000 a year in retirement pay while drawing an annual salary of $87,500."

The article goes on to detail the shenanigans that permitted Donovan to collect a big public pension while also collecting a hefty public salary:

"Guadagno’s pivotal role in the Donovan controversy is likely to embarrass Governor Chris Christie as he campaigns for widespread reform of New Jersey’s public pension system. The New Jersey Treasury has estimated the state retirement plans for public employees are underfunded by roughly $45 billion. An independent study earlier this year reported the shortfall could actually be as high as $173 billion."


Read the full article at this link:
http://blog.nj.com/njv_paul_mulshine/2011/01/when_kim_comes_back_perhaps_sh.html
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