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Politics : Liberalism: Do You Agree We've Had Enough of It? -- Ignore unavailable to you. Want to Upgrade?

To: Kenneth E. Phillipps who wrote (160567)	10/11/2013 11:44:27 AM
From: longnshort	Read Replies (1) \| Respond to of 224744

While the Star Scientific affair is the closest to “scandal” that can be found in Cuccinelli's background, McAuliffe is hiding enough scandals to sink ten candidates. The most notable of many scandals in McAuliffe's past is the GreenTech Auto scandal. Greentech, which is a company that makes electric cars, that McAuliffe claims he bought from China and moved it to the United States, appears to have only one factory it rented in Mississippi where one demo version of the car it was supposed to product, has been manufactured to show investors. As exposed in the movie, Fa$t Terry by Citizens United, Greentech hired workers and created what appears to be an assembly line that built cars, and when investors showed up the workers “put on a show” to make it look like they were building cars, and when the investors left, the assembly line show was put on hold. McAuliffe also promised the community of Franklin, Virginia thousands of jobs from the Franklin Pellets project. Franklin Pellets was supposed to open in a paper factory in Franklin, Virginia. It never opened the product it promised has never been created. The jobs he promised that community have never been created. Yet as he campaigns for governor, he talks about how he has created jobs in the private sector. Both companies were scams, where investor money was collected and went who-knows-where, because no pellets and only one demo car was made. The web site Red Statements reports on the financing for Green Tech obtained by McAuliffe, “There is a federal program called EB-5. This program awards green cards for investments in the US. McAuliffe was using the enticement of EB-5 to lure Chinese investors. A reported 20 million has been raised by (Hillary Clinton's brother Anthony) Rodham, through his Gulf Coast Funds Management, of which none of the money has been turned over to Green Tech. Green Tech announced their plant in 2010 and to date have not released the number of cars manufactured or sold.” The financing scam employed to raise money for GreenTech is a scandal also, in addition to the company itself being a scandal. Terry McAuliffe could teach a few things to Bernie Madoff about being scam artist. Terry McAuliffe is a scam artist. He is also the 2013 Democratic nominee for governor of Virginia and is running close in the polls with Republican nominee, and current Virginia Attorney General, Ken Cuccinelli. Red Statements reports that McAuliffe had invested $100,000 and made nearly $18 million from that investment in the now bankrupt company Global Crossing. Judicial Watch also reported this story, of McAuliffe making nearly $18 million before the company went bankrupt. Red Statements further elaborated on the dealings, reporting, “Sound shady? It gets worse. McAuliffe arranged a golf outing between President Clinton and Global Crossing CEO, Gary Winnick. Winnick contributed $1 million to the Clinton Presidential Library and a few weeks later, Global Crossing got a $400 million dollar contract from the Pentagon, courtesy of the commander and thief.” And then there is yet another McAuliffe scandal reported by Red Statements that appears to have been ignored by the mainstream media. “ McAuliffe was investigated for collecting a contingency fee when a government agency signed a 15 year, 187 million dollar lease, which is illegal The law was set up to keep the politically connected from profiting from their connections. The DOJ refused to release details of the investigation until after the 1996 election. (Is it just me or do democrats do this all the time?) Janet Reno, owner of the Waco BBQ Cult and Grill, dropped the investigation.” This scandal has also been reported in the progressive-oriented magazine Mother Jones. Additionally, Red Statements reports a “land scam” involving McAuliffe and the International Brotherhood of Electric Workers union and a company called American Capitol Managment Company, owned by McAuliffe. The scheme is described as one involving the union investing $39 million and McAuliffe only $100 that resulted in McAuliffe making $2.45 million from the deal. Red Statement reports that, “(IBEW pension fund manager Jack) Moore and another official were found to be liable and had to pay hundreds of thousands of dollars in restitution and the union had to reimburse the pension fund to the tune of 5 million dollars. Again, McAuliffe walked away scot (sic) free with almost 2.5 million dollars profit.” Yet, despite all these very real scandal, McAuliffe has the audacity to smear Ken Cuccinelli on the only phony scandal involving the GOP nominee for governor they can find. McAuliffe has no business even being in this race with the massive amount of scandal baggage he is carrying.

To: Kenneth E. Phillipps who wrote (160567)	10/11/2013 11:50:59 AM
From: longnshort	1 Recommendation Recommended By TideGlider Respond to of 224744

The Boland Group and American Pioneer Savings Bank controversy, 1991-94In May of 1990, American Pioneer, a savings and loan bank headquartered in Florida and owned by McAuliffe's future father-in-law (Richard Swann), was seized by federal regulators and placed into receivership with the Resolution Trust Corporation. [12] In June of 1991, McAuliffe, Tony Coelho and John Boland organized a commercial real estate company named the "The Boland Group, Inc." McAuliffe responsibilities included business development. Between 1991 and 1994, The Boland Group brokered at least two deals between American Capital Group and the Resolution Trust Corporation. A notable principle at American Capital Group was Dorothy (Swann) McAuliffe, daughter of Richard Swann. Specifically, Dorothy McAuliffe's presence raised eyebrows because the property her company purchased was held by her father's failed bank, American Pioneer Savings and Loan before turned its assets over to the taxpayer funded Resolution Trust Corporation. [13] The Boland Group's client list included the Clinton/Gore 1996 Re-election committee, the Resolution Trust Corporation, the Pension Benefit Guarantee Corporation, The United States Immigration and Naturalization Service and several of Washington's most powerful and connected law firms and lobbying shops. In 1997 McAuliffe told Mother Jones Magazine that he was never a partner in the Boland Group, that his exposure was limited to receiving referral fees and that he severed all ties with the company in March 1994. [14] Telergy, 1999-2001From August of 1999 until August of 2001, McAuliffe served on the Board of Directors at Telergy, a telecom company. Press reports indicated that he had been helping the company in an unofficial capacity for the previous three years. In September 1999, a month after McAuliffe joined the board, Global Crossing invested $40 million in Telergy; McAuliffe brokered the deal and pocketed $1.2 million for his efforts. In August and September of 2001, Telergy laid off 450 employees without providing any severance package. In December that year, Telergy began Chapter 7 bankruptcy proceedings.