Former South Plainfield, N.J., Police Captain Michael Grennier Sentenced to 20 Years in Prison for Sexually Exploiting a Minor

Fat pervert ex-cop, Mike Grennier
Michael Grennier, pervert, of So Plainfield, Middlesex County, NJ One of NJ’s finest who was lookin’ out for you!

TRENTON, N.J. – A former South Plainfield police captain was sentenced today to 20 years in prison for exploiting a minor girl by enticing her to live-stream sexually explicit acts via the Internet in exchange for payment, U.S. Attorney Paul J. Fishman announced.

Michael Grennier, 52, of South Plainfield, New Jersey, previously pleaded guilty before U.S. District Judge Freda L. Wolfson to an information charging him with one count of production of child pornography. Grennier was charged by complaint on Feb. 19, 2013, and has been in custody since that date. Judge Wolfson imposed the sentence today in Trenton federal court.

According to documents filed in this case and statements made in court:

On Feb. 14, 2013, Grennier enticed a girl to perform sexually explicit acts and stream images of herself over the Internet while he watched remotely from his home computer. During the webcam session, Grennier exchanged text messages with the minor in which he directed her actions. Grennier admitted during his guilty plea proceeding that he promised to buy his victim clothing in exchange for her performance.

At the time of his arrest, Grennier was working for a private computer forensics firm. Prior to his retirement, he was a computer forensics specialist for the South Plainfield Police Department.

In addition to the prison term, Judge Wolfson sentenced Grennier to serve lifetime supervised release. Restitution will be determined at a later date. Grennier will also be required to register as a sex offender… via USDOJ: US Attorney’s Office – District of New Jersey.

And before that, a Feb. 2014 Star-Ledger article stated: Continue reading

US Retirement Benefits Underfunding Rises To Record $1.4 Trillion | ZeroHedge

The Pew Center has released its annual summary of US pension and retirement health care (under)funding.

As of 2010, the total underfunding gap rose by $120 billion from the prior year’s $1.26 trillion deficit to a record $1.38 trillion underfunding. This number consists of $757 billion in pension promises, not backed by any hard cash, representing pension liabilities of $3.07 trillion and assets of $2.31 trillion. In 2000, more than half of the states had their pensions 100 percent funded, but by 2010 only Wisconsin was fully funded, and 34 were below the 80 percent threshold—up from 31 in 2009 and just 22 in 2008.

But that pales in comparison to the ridiculous spread between retiree health care liabilities of $660 billion and assets of, drum roll, $33 billion, or a funding shortage that is $627 billion, roughly 19 times the actual assets in the system! Just seven states funded 25 percent or more of their retiree health care obligations: Alaska, Arizona, North Dakota, Ohio, Oregon, Virginia, and Wisconsin. What this means is soon US pensioners will have no choice but to experience not only austerity unlike any seen in Europe, but broken promises of retirement benefits which will never materialize. The response will likewise be proportional.  Sadly, it is only going to get worse: …. go here ZeroHedge.

Next In Line for Implosion: Pension Plans | of Two Minds

Pension plans are based on 8% annual growth forever. What happens to these plans in a zero-interest rate world as the global economy and stock markets contract?

I’m afraid it’s time for an intervention.

I don’t enjoy being the bearer of difficult news, but now that Europe has stumbled drunkenly into the pool and been “rescued,” it’s once again tearfully blubbering that this time it’s all going to change, and a new prime minister in each dysfunctional, insolvent EU nation is going to make the pain and the addiction all go away.It’s time we face the reality that Europe and the U.S. are full-blown financial alcoholics, addicted to illusion and debt. And what do they turn to as “solutions”? The very sources of their pain: illusory “fixes” and more debt. Have you ever seen a global market as dependent on rumors of “magical fixes” for its “resilience” as this one?

via charles hugh smith-Next In Line for Implosion: Pension Plans.