CORRECTION about something I posted yesterday
Here in my little corner of the Internet, I try to keep things honest to the absolute best of my knowledge, and own up when I make a mistake. In regards to this post about Darren Wilson’s time on the Jennings police force, I made an error. I’ve updated the post, and in the interest of transparency and disclosure, here’s what I wrote:
I didn’t read this carefully enough. He worked for the Jennings police department, and while he worked there, a different officer shot at a woman and her child, and the force was disbanded and Wilson was dismissed. I thought Darren Wilson was the one who shot at the woman — I read it as “THE Jennings officer fired his gun at a mother fleeing in her car with a child in the back seat” but it was “A Jennings officer.”
I mean, Darren Wilson is still a piece of shit and a murderer, and he did work on the police force where that happened, but he was not the one who perpetrated that particular instance of police brutality, and I apologize for the error.
The state has sent more pension money to big-name Wall Street firms like Blackstone, Third Point, Omega Advisors, Elliott Associates and Grady’s old firm, The Carlyle Group. Additionally, the amount of fees the state pays financial managers has more than tripled since Christie assumed office. New Jersey is now one of America’s largest investors in hedge funds.
The “maximized returns” have yet to materialize.
Between fiscal year 2011 and 2014, the state’s pension trailed the median returns for similarly sized public pension systems throughout the country, according to data from the financial analysis firm, Wilshire Associates. That below-median performance has cost New Jersey taxpayers billions in unrealized gains and has left the pension system on shaky ground. Meanwhile, New Jersey is now paying a quarter-billion dollars in additional annual fees to Wall Street firms — many of whose employees have financially supported Republican groups backing Christie’s reelection campaign. Gov. Christie Shifted Pension Cash to Wall Street, Costing New Jersey Taxpayers $3.8 Billion (via dendroica)
- male game designer: hey maybe we should treat women like people
- male gamer: how could you say these things... i trusted you... i have lost a hero on this day