Meet Terry McAuliffe: Failed Job Creator. Political Hack. Policy Know Nothing

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With the Democrat primary now over, the Party has its gubernatorial nominee.Terry McAuliffe, a native of Syracuse, NY, is one of the Democratic Party’s most prolific political fundraisers and over the years established himself as a renaissance man of the corrupt intersection of politics and business. Now McAuliffe, who lacks the credentials to be governor of any state much less the Commonwealth of Virginia, wants to reinvent himself and create a false story of himself as a businessman. To ensure Virginia voters see through his façade and can view McAuliffe’s real background of empty promises and fake businesses, America Rising has compiled this report on McAuliffe’s record.

Transcript of Meet Terry McAuliffe: Failed Job Creator. Political Hack. Policy Know Nothing

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    MEET TERRY MCAULIFFE Failed Job Creator. Political Hack. Policy Know Nothing.

    Arlington, VAWith the Democrat primary now over, the Party has its gubernatorial nominee. Terry McAuliffe, a native of Syracuse, NY, is one of the Democratic Partys most prolific political fundraisers and over the years established himself as a renaissance man of the corrupt intersection of politics and business. Now McAuliffe, who lacks the credentials to be governor of any state much less the Commonwealth of Virginia, wants to reinvent himself and create a false story of himself as a businessman. To ensure Virginia voters see through his faade and can view McAuliffes real background of empty promises and fake businesses, America Rising has compiled this report on McAuliffes record.

    MCAULIFFES SHADY BUSINESS HISTORY

    IN 2009, DEMOCRATS HAMMERED MCAULIFFES SHADY BUSINESS HISTORY

    Former Delegate Brian Moran (D-VA) Who Now Serves As Co-Chair Of McAuliffes Current Campaign, Criticized McAuliffes Claim Of Creating 100,000 Jobs, Saying Out Of Work Virginians Are Vulnerable To Someone Claiming They Have Created 100,000 Jobs. Thats Just Not True. MORAN: Terry, you have made -- on -- during these weeks of the campaign, youve made a great issue of -- big issue about jobs. Just today, youve mentioned jobs over and over again. Yet, you know, youve been criticizing even to the extent that youve created the job-creation efforts of both Mark Warner and Tim Kaine. And, in fact, your record of creating jobs must be questioned: 300,000 Virginians are out of work right now. They are vulnerable to someone claiming that they have created 100,000 jobs. Thats just not true, Terry. A hundred thousand jobs is more than Bill Gates and Microsoft. You say youve built five Virginia businesses, but the Washington Post said they were run out of your home and never created a single Virginia job. You claim youll look out for peoples jobs, but as a consultant to Global Crossing CEO and as a board member of Telergy, you walked away with $20 million while over 10,000 people lost their jobs. So tell me, Terry, how is this a positive, credible campaign? And how can Virginia voters trust that youll care about their jobs or create any new jobs? (Brian Moran, Remarks At A Democratic Primary Debate, Annandale, VA, 5/19/09)

    2009 Democrat Nominee Creigh Deeds (D-VA) Said Democrats Had To Be Just As Wary Of McAuliffe As They Were Of Bob McDonnell Because Of McAuliffes Business Career, Citing High-Interest Credit Card Deals And Raising 80% Of His Campaign Contributions From Out Of State. DEEDS: But this primary is really about who can go best head to head, whos got the best chance against Bob McDonnell, and whos going to stand up for Virginias middle-class families, whos going to stand up for working Virginians. And I just dont believe that working Virginians are prepared to have a nominee who made millions from credit card deals, high interest credit card deals, who stands with Donald Trump and Wall Street executives, who gets more than 80 percent of his campaign contributions from out of state. I dont think our party wants a nominee who still stands with a lobbyist under FBI investigation. (Creigh Deeds, Remarks At A Democratic Primary Debate, Annandale, VA, 5/19/09)

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    MCAULIFFES FALSE GREENTECH NARRATIVE

    McAuliffe made his work at electric car company GreenTech a central premise of his campaign, attempting to create an image of himself as a job creator. However, a number of news organizations have questioned McAuliffes claims noting that the company has failed to create jobs and is nothing more than an empty field in Mississippi. As more questions were asked, McAuliffe quietly resigned from the company and refuses to explain how his company never lived up to expectations as lives were destroyed.

    NBC12s Ryan Nobles Did A Special Report Highlighting How GreenTech Failed To Meet McAuliffes Promises

    NBC12 Report Part 1: NBC12 Report Part 2:

    See The Special Report

    Editorials Throughout Virginia Slammed McAuliffes Misleading Portrayal Of GreenTech

    The Virginia-Pilot: Seven Months Before The Election, McAuliffes Business Behavior Has Raised All Kinds Of Questions, Few Of Which He Has Managed To Answer Satisfactorily. (Editorial, McAuliffes Green Problem, The Virginia-Pilot [Hampton Roads, VA], 4/16/13)

    McAuliffes Role At GreenTech Was Supposed To Be A Critical Element Of McAuliffes Business Case For Electoral Victory, But Now His Campaign Is Trying To Downplay The Company. Most of the questions concern his association with a would-be electric vehicle manufacturer. GreenTech Automotive was supposed to be a critical element of McAuliffes business case for electoral victory. Instead, it increasingly appears to be an albatross that his campaign is trying to downplay. (Editorial, McAuliffes Green Problem, The Virginia-Pilot [Hampton Roads, VA], 4/16/13)

    Daily News Record: Like The Proverbial Lucy, Terry McAuliffe Has Plenty Splainin To Do. (Editorial, He Builds Green Cars, Daily News Record [Harrisonburg, VA], 4/16/13)

    Daily News Record: To Build A More Robust Resume, McAuliffe Tried To Make Himself Into An Economic Rainmaker And A Virginia Businessman. But in a battleground state such as Virginia, a more robust resume, or at least the suggestion of one, is needed. Thus, Mr. McAuliffe added a brick or two, casting himself as an economic rainmaker, a "Virginia businessman" with a history of creating jobs. (Editorial, He Builds Green Cars, Daily News Record [Harrisonburg, VA], 4/16/13)

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    In The Past Week, Its Become All Too Apparent This Foundation, Self-Reinforced Though It Might Be, Has Been Built On Weak And Shifting Sand. (Editorial, He Builds Green Cars, Daily News Record [Harrisonburg, VA], 4/16/13)

    Daily News Record: More Questions Abounded When McAuliffe Quietly Resigned From GreenTech But Still Claimed Im Building Electric Cars Now. Now, in Virginia, even more questions abound, especially in the wake of Mr. McAuliffes decidedly quiet resignation as GreenTech chairman sometime before Dec. 1, 2012. But, as late as Jan. 23, he told the National Federation of Independent Business, Im building electric cars now. (Editorial, He Builds Green Cars, Daily News Record [Harrisonburg, VA], 4/16/13)

    Richmond Times-Dispatch: While McAuliffe Has Pointed To His Leadership Of The Electric-Car Company GreenTech As A Basis For His Election, His Involvement With The Company Also Has Raised A Number Of Legitimate Questions. Democrat Terry McAuliffe has pointed to his leadership of the electric-car company GreenTech Automotive as a reason to elect him governor. But his involvement with the company also has raised a number of legitimate concerns. (Editorial, McQuestions, Richmond Times-Dispatch, 4/14/13)

    Richmond Times-Dispatch: GreenTech Receiving Incentives In Mississippi Serves To Remind Observers That McAuliffes Successes Often Have Had As Much To Do With His Personal Connections As With His Business Acumen. Mississippi, where McAuliffes friend Haley Barbour, a Republican, was governor, apparently had fewer such compunctions. But this only serves to remind observers that McAuliffes successes often have had as much to do with his personal connections as with his business acumen. (Editorial, McQuestions, Richmond Times-Dispatch, 4/14/13)

    GreenTechs Production Has Fallen Short Of McAuliffes Predictions. On that score, the record also underwhelms. GreenTech has not exactly taken the automotive world by storm. In fact, its production has fallen short of the lofty predictions McAuliffe was making a couple of years ago, and Virginia officials privately expressed reservations about GreenTechs business plan at the time. (Editorial, McQuestions, Richmond Times-Dispatch, 4/14/13)

    MCAULIFFE MADE MILLIONS AT GLOBAL CROSSING WHILE 10,000 PEOPLE LOST THEIR JOBS

    In 1997, Gary Winnick, owner of a billion dollar capital group, Pacific Capital, offered McAuliffe, politically connected friend of President Clintons, an opportunity to invest in a new internet-related venture that would own and operate undersea fiber-optic cables called Global Crossing. McAuliffes initial investment of $100,000 grew to $18 million and he eventually made $8.1 million on the sale of Global Crossings Stock. While McAuliffe was an investor, he arranged a golf game for Gary Winnick with President Clinton in which Winnick pledged $1 million for the Clinton Presidential Library. Soon after though in 2002, Global Crossing filed for bankruptcy in which investors lost $54 billion and 10,000 employees lost their jobs. Winnick sold more than 43 million shares, worth more than $700 million before Global Crossings stock tanked. News organizations compared Winnick and Global Crossings bankruptcy to Enron. The FBI opened an investigation into Global Crossing. McAuliffe claimed his dealings with Global Crossing was capitalism, and if you dont like it, leave the country and move to China.

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    McAuliffe Met Gary Winnick, A California Investor, Through His Political Contacts At The DNC

    In 1996, McAuliffe Was Introduced To Gary Winnick, A California Investor, By A Labor Union Official. In 1996 McAuliffe earned impressive fees from Household Finance Corp. for persuading labor union leaders he had met in his political work to retain Household Finance to run the unions credit card for members. That same year a labor official introduced McAuliffe to a California investor, Gary Winnick, who later let McAuliffe in on an investment in his telecommunications firm, soon to be called Global Crossing Ltd. By the time he sold his shares two years later, his $ 100,000 had become at least $ 10 million. (John F. Harris And John Mintz, Democrats Bet On Money Man As New Leader, The Washington Post, 2/2/01)

    Winnick Gave McAulif