Special police? Really?

Am I the only one who thinks this is a terrible idea? First heard about it on WBGO, in a segment on Newark Journal, called Life After the Newark PD.

Apparently there is an organization, known as the Newark Special Police Association, "whose members are trained at the Newark Police Academy and certified by the state training commission. The group has traditionally arranged work for officers with the city’s housing authority, schools and hospitals." However, through this organization, unemployed cops are now getting hired by PSE&G, to essentially do security guard duty. I'm ok with that. What alarms me is that these guys have "full police powers to make arrests on the job."

Don't get me wrong. I'm all in favor of giving unemployed folks gainful employment, especially in their areas of expertise. And it's kind of PSE&G to pick up the tab. But really? Giving police powers to what is essentially a security guard or mercenary? Even assuming that PSE&G does its job and never abuses its authority, aren't we going down an incredibly steep and slippery slope? Full police powers are generally reserved for the government, where, in a democracy, the government can be held accountable. If one of these guys goes bad, who's accountable?

Name of Blackwater ring a bell?