Terry Mac Is the MacDaddy of Failed Businesses and Tall Tales

Terry McAuliffe Gets Caught Misleading Virginians  

About Another Business Venture

-- Franklin Pellets Gets Exposed As Another Failed Business Deal From McAuliffe --  

After misleading Virginians about GreenTech Automotive, today another business venture from Terry McAuliffe has been exposed for failing to live up to its expectations.     

According to reports, Franklin Pellets is a company McAuliffe purchased and promised it would create jobs in the Commonwealth, yet three years later the company has yet to break ground on their facility.

As Tidewater News reports: 

"As far back as early 2010, a group of investors that includes Democratic gubernatorial candidate Terry McAuliffe, announced an interest in buying International Paper Co.'s mill in Franklin. At that time, the plant was already in the midst of closing. The investors wanted to convert it into a wood-fired and biomass power plant. A company called Franklin Pellets was eventually formed. A little more than three years later, there has not been any tangible evidence that Franklin Pellets is any closer to a groundbreaking.  ... On Tuesday, prior to contacting CMI for comment, McAuliffe was listed as a partner on CMI's website. As of Friday, reference to McAuliffe had been removed."  (Stephen Cowles, Where Is Franklin Pellets, Tidewater News, 05/04/13)

 

Notably, McAuliffe once said "if you lie about the little things, it make it easier to lie about the big things." 

 

McAuliffe: Lying About The Little Things

 

"Terry McAuliffe promised that Franklin Pellets would create jobs, yet just like GreenTech the plant hasn't even broken ground," said RPV Chairman Pat Mullins.  "Simply put the man is a fraud and we can only hope that during his statewide tour this week, he explains why neither Franklin Pellets nor GreenTech Automotive has lived up to his hype."   

BACKGROUND ...

Shady Businessman Terry McAuliffe & Franklin Pellets

In 2010, McAuliffe And Investors "Announced An Interest In Buying International Paper Co.'s Mill In Franklin" "As far back as early 2010, a group of investors that includes Democratic gubernatorial candidate Terry McAuliffe, announced an interest in buying International Paper Co.'s mill in Franklin. At that time, the plant was already in the midst of closing. The investors wanted to convert it into a wood-fired and biomass power plant." (Stephen H. Cowles, "Where Is Franklin Pellets?" The Tidewater News, 5/4/13)

Over Three Years After The Announcement Of Franklin Pellets, "There Has Not Been Any Tangible Evidence That Franklin Pellets Is Any Closer To A Groundbreaking." "A little more than three years later, there has not been any tangible evidence that Franklin Pellets is any closer to a groundbreaking. Within those three years, ST Paper, a subsidiary of TAK Investments, established a presence at the mill and became operational in 2012. International Paper, after shutting down the mill in spring of 2010, has since repurposed part of the mill, and began producing fluff pulp there last year. Enviva, which also makes wood pellets, identified a location in Southampton County in fall of 2011 and broke ground on its new facility in July 2012." (Stephen H. Cowles, "Where Is Franklin Pellets?" The Tidewater News, 5/4/13)

Yet After McAuliffe's Company Was Exposed He Tried To Erase His Ties To Franklin Pellets

Capital Management International Is Invested In Franklin Pellets, And It Was Led By McAuliffe's "Longtime Associate" Peter O'Keefe. "Among the aforementioned parties invested in Franklin Pellets is CMI, an investment company based in Washington D.C., led by Peter O'Keefe. He's a longtime associate of McAuliffe with deep roots in fundraising for the Democratic National Party where McAuliffe was once chairman. O'Keefe is one of his partners in the Franklin Pellets venture." (Stephen H. Cowles, "Where Is Franklin Pellets?" The Tidewater News, 5/4/13)

"On Tuesday, Prior To Contacting CMI For Comment, McAuliffe Was Listed As A Partner On CMI's Website. As Of Friday, Reference To McAuliffe Had Been Removed." (Stephen H. Cowles, "Where Is Franklin Pellets?" The Tidewater News, 5/4/13)

After Requesting To Not Be Mentioned In The Story, O'Keefe Responded That Franklin Pellets Is "Still Actively Engaged In Our Due-Diligence Process," But He Could Not Account For Why McAuliffe's Information Was Removed From CMI's Website. "When contacted, after initially requesting to not be mentioned in this story, O'Keefe replied in an e-mail, 'We are still actively engaged in our due-diligence process. Once we have completed this phase, we will have further announcements to make.' He also gave no reason for McAuliffe's information being removed from the CMI website." (Stephen H. Cowles, "Where Is Franklin Pellets?" The Tidewater News, 5/4/13)

So Bill Has Decided Not To Run

That was a good decision, because Virginia deserves better. The last two paragraphs of his press release are why he would not have made a good Governor. Wishing the dirt bag con artist McCauliffe good luck might sound like the high road, but failing to endorse AG Ken Cuccinelli says a lot about Bollings attitude. Bitter and jealous.

“I wish Mr. McAuliffe and Mr. Cuccinelli well as they begin their campaigns.  One of these two candidates will have the responsibility of leading Virginia into the future.  This is a tremendous responsibility and it should not be taken lightly.  I encourage them to run campaigns that are worthy of Virginia; campaigns that focus on the big issues facing our state and offer a positive vision for the future of Virginia.  That's the kind of Governor the people of Virginia want and deserve.

“And I encourage the people of Virginia to carefully consider the decision they will make this November.  Our priority should be on electing a Governor who has the ability to effectively and responsibly govern our state and provide the mainstream leadership we need to solve problems, get things done and make Virginia a better place to live.  Nothing less should be acceptable.”

Weekly Poll: The Republican nomination for governor in 2013; Bolling or Cuccinelli? (Poll

Bearing Drift has a poll up regarding the gubernatorial race between Ken Cuccinelli and Bill Bolling. Go vote, please.

H/T P. Henry Saddelburr from Disrupt the Narrative

A Thank You from Coby Dillard

The Dillard Doctrine

Congratulations and Thank You!
From Governor-elect McDonnell and myself, THANK YOU for all your hard work and support over the course of our campaign! Yesterday was the culmination of a lot of long days and sleepless nights for all of us, but we should all be proud of our efforts to bring a true leader to Richmond.

It's been my personal honor to have worked with each of you, and I would encourage you all to stay involved in the political process here in Virginia. Our work doesn't end with McDonnell's election; rather, it's just beginning. Our voices-both collectively and individually-are still needed.
Again, thank you for all your efforts...and congratulations!

From The Hammer

The Daily Grind
Gov. Paterson deals with the tough choices the federal government doesn't ever make: "I promise I will put (the soda tax) back in my budget address and give the Legislature another chance to do it," Paterson said during an interview on WNYC. "But you can’t keep voting down the ways to create revenues and then saying you don’t want to make cuts."

Most ethical Congress in history now locking Republicans out of the Government Oversight committee room because they're demanding uncomfortable votes on sweetheart mortgage deals. “Because they [Republicans] don’t know how to behave,” Towns said in a statement to POLITICO.

All right, who's gonna leak Paul Ryan shirtless pictures to go with my Flake pics? “When I saw Paul Ryan — man, he’s gotten in great shape. He doesn’t have a six-pack; he’s got, like, a 12-pack,” Brady, a Texas Republican, says of his fellow GOP-er, who hails from Wisconsin.

Dems are planning to stay home in Virginia Nov. 3.

"Young men who voted for either McCain or Barr suffered immediate drops in their testosterone levels after the election results were announced." So, Dem wins create more Dems, huh? Vicious cycle.

The Va. gubernatorial race is now officially an Obama referendum, thanks to new Deeds ad.

Our banana republic finances: "Two examples — one ridiculously expensive, one just ridiculous. But both reveal a nation completely unwilling to deal with current trillion-dollar deficits or long-term shortfalls many multiples of that number."

The opposition: "Non-Maine Republicans object to the Senate Finance bill for three substantive reasons that will be difficult to address without fundamentally changing the direction of reform."
"I thought the government plan was dead," Thune said. "I don't think that anymore."

You Are Known By The Company You Allow Yourself To Seen With

and the fact that Deeds would associate with these two dhimmi slimeballs is evidence enough that he is unfit to serve in the office once held by Patrick Henry and Thomas Jefferson. I'm sure klintoon has done his share of "bumps".

McAuliffe, Clinton try for another bump for Deeds
By: William C. Flook
Examiner Staff Writer
October 21, 2009

Former President Clinton and one-time gubernatorial candidate Terry McAuliffe on Tuesday tried to reignite the energy of Creigh Deeds' primary win, when Democrats were riding high after the rural state senator's come-from-behind victory in June.

The gubernatorial nomination fight saw Deeds dispatch both McAuliffe and Del. Brian Moran, taking nearly 50 percent of the vote in June. A poll taken directly after the primary was the only one in the governor's race to show Deeds ahead of Republican nominee Bob McDonnell, who is entering the last two weeks of the race with a comfortable lead.

Just Re-stating the Obvious

Deeds dwindles
The Democrat gets desperate in Virginia governor's race

Memo to Creigh Deeds - If an admirer compares you to a tested wartime president, that's gratifying. When you compare yourself to Harry Truman, you look small and desperate. Truman faced millions of Japanese soldiers and the choice to use nuclear weapons. You face some transportation problems and a state government that spends more than it takes in.

Bombast has been the story of the last few weeks in the Virginia governor's race. With every dishonest attack ad, Mr. Deeds shrinks. Every editorial from Virginia newspapers pointing out campaign whoppers trims the Democratic gubernatorial candidate a little further. By the time Monday's debate hit the airwaves, Mr. Deeds needed to sit on a phone book to look the moderator in the eye.

From his perch at the big boys' table with his opponent, Republican Bob McDonnell, Mr. Deeds managed to both reconfirm his reputation as a waffler and diminish himself still further, accusing Mr. McDonnell of "lying" in the debate. Once Mr. Deeds made the decision to cross that line, he couldn't even stick by it. Immediately after the showdown, the candidate had second thoughts, musing "maybe that was too strong of a word."

Maybe? For a man whose cock-and-bull stories have been called out in major papers all across the commonwealth, it was a word Mr. Deeds doesn't have the stature to utter.

At least he's a stalwart for waffling. Who knows what he really thinks about taxes. He's for them. He's against them. He's against most of them, but he's for them if they're bipartisan. The same incomprehensible fence-straddling goes for other issues, but he gets mad at reporters when they don't understand what he's trying to say.

The whole rationale for his campaign is diminutive: Mr. Deeds wants to be just like Sen. Mark (Marky-Mark) Warner and Gov. Tim (Little Timmy) Kaine - two popular, moderate (say what?!?!) Virginia Democrats - when (if) he grows up.

If the polls are any guide, when faced with a recession, Virginians would rather have a governor who knows who he is and what his beliefs are. With less than a month before Election Day, it's not clear who Creigh Deeds is. (oh contraire, mon frere') The first primetime debate just reconfirmed what was already obvious.

Actions Speak Louder than Deeds

Deeds is a typical dhimmicrat and will never be governor of the Commonwealth.

As pundits try to predict the backlash for Democrats in 2010, the outcome of Virginia's gubernatorial race may provide the biggest clue. Next month's elections in the Commonwealth are the first in what many are calling a repudiation of the President and his party. As of this week, Republican candidate Bob McDonnell is leading his opponent, Democrat Creigh Deeds, by nine points in the polls. Part of the reason is that Deeds's radical pro-abortion, pro-homosexual record doesn't resonate with a largely conservative state.

Today, the Virginia Values Voter PAC, a political action committee connected to FRC Action, weighed in on the race with a new TV ad that asks, "Which is the real Creigh Deeds?" In 2006, Deeds voted for man-woman marriage and, in 1998, he voted for a ban on partial-birth abortion. Now it's 2009 and Deeds has finally decided to tell the truth: he favors same-sex "marriage" and no limits on abortion.

None.

As Connie Mackey, President of the PAC said, "It appears that [Deeds] will do anything for votes except stick by his own." To see the ad--or support it--check out the Virginia Values Voter PAC website.

Dirty Deeds, Dirt Cheap

Vouchers do not take away from public education funding. The VA Lottery brags about putting 4 billion, yes, thats a 4 with 9 zeros behind it, into the Literary Fund.
Where is that money?

All candidates for public office have a decision to make this year and next year.
Republican candidates for office must decide if they are Republican politicians, or conservative Americans who made a choice to serve the community. We will be watching.

Deeds Accumulates a Record 9 Editorials Commenting on His Lack of Vision and False Advertising

ARLINGTON - Over the last month, the Deeds campaign has accumulated a total of nine editorials from papers across the state commenting on both Creigh Deeds' lack of vision and false campaign ads. The popular topic among editorial boards has earned the Deeds campaign and its advertising such sterling appellations as "dishonest," "outright lie," "false," "being wrong by being nothing," "dirtiest campaign," "below-the-belt," "crossing the line" and "deceptive."

Below is a rundown of all the editorials and highlights from each:

"One of the pernicious successes of right-wing showmen is to convince the more weak-minded of their fans to scorn their local newspapers--appendages, allegedly, of the cursed Mainstream Media (MSM), which hates Republicans, conservatives, and all things true-blue American. But this characterization will not withstand the Creigh Deeds for Governor campaign, which has united the commonwealth's newspapers in expressions of distaste."
Fredericksburg Free Lance-Star, October 6, 2009, "Monsieur Mud"

"There you have it then, the Deeds formula for governing, to avoid being wrong by being nothing, to draw lines in the air. He is the political equivalent of the Sandman of 'Spider-man' movie fame. Attempt to squeeze him for definition on an issue and he seeps through the fingers. He takes form only while swinging away at the opposition, but look upon Deeds himself and one sees only the sand shifting."
Waynesboro News Virginian, October 6, 2009, "A candidate absent Form"

"Instead of showing Virginians his plan for how he'll improve transportation and education and ease unemployment without taxing them all into the poorhouse, Deeds has been running one of the dirtiest campaigns in recent memory. There's a reason he keeps muddying the campaign waters. He doesn't want voters to notice the empty suit behind his scurrilous attacks on McDonnell."
Washington Examiner, October 4, 2009, "Dirty Deeds muddies campaign waters"

"It is a rare politician who unites newspaper editorial boards across the political spectrum and across the state of Virginia. Democratic gubernatorial candidate R. Creigh Deeds has done just that: Throughout the state, observers agree that he is running a flatly dishonest advertising campaign that discredits his own claim to be worthy of the office. .... Those are harsh words, but Mr. Deeds deserves every one." The Washington Times, September 30, 2009, "Dirty Deeds"

"His (Deeds) television ads have been below-the-belt and beyond-the-pale attacks. The most egregious was the spot entitled "$300 Million," which has been on a constant loop in Central and Southwest Virginia. The ad outright blames McDonnell for the increase in electricity bills that Appalachian Power Co. customers have seen in recent months, a blatant lie and distortion."
Lynchburg News & Advance, September 27, 2009, "Governor's Race Devoid of Issues, Filled With Fibs"

"The Democratic nominee appears to believe his only hope for victory lies in sliming Republican Bob McDonnell. .......But [McDonnell] has built a record of pragmatic accomplishment, both in the House of Delegates and as attorney general. He has earned a reputation as being willing and able to work across the aisle to solve problems.All politicians attempt to draw caricatures of their opponents. But Deeds is crossing the line. His overwhelmingly negative campaign leaves an especially sour taste given the lack of specifics in his own platform. We are, for instance, dumbfounded by his refusal to make a clear stand on the intersection between taxes and transportation. Apparently, his leadership on the issue would involve signing whatever the General Assembly sends his way. If it means higher taxes, well, that's apparently no problem at all. And we are worried about Deeds' reluctance to take the stage with McDonnell. A governor must be willing to face his constituents and the political opposition. Why is Creigh Deeds so afraid?"
The Richmond Times-Dispatch, September 24, 2009, "Creigh Deeds: Fear and Loathing"

"But 'effective' need not, and should not, be confused with 'credible' or 'believable.' Save for his overriding ambition, Mr. Deeds appears to be little more than the political manifestation of Gertrude Stein's Oakland: There is no there there. Especially when it comes to policy formulations on roads, jobs and the economy that amount to scarcely more than a wink, a nod and an entreaty to 'trust me.'"
The Daily News Record, September 24, 2009, "Change and Evolve"

"The ad in question, which has been shown in our part of the state, outright blames McDonnell, then the state's attorney general, for Appalachian Power Co.'s recent series of rate hikes. It's an outright lie, and the good senator and his campaign operatives know it. APCo, under the law (a law Deeds voted for as a state senator) is indeed entitled to collect certain costs and expenses from its customers. There's absolutely nothing wrong with that, but to suggest, as he does in the ad, that there was a dark cabal between the GOP, McDonnell and Big Power (to coin a phrase) is disengenous, at best."
Lynchburg News and Advance, September 20, 2009,"Voters Deserve Details, Specifics From Hopefuls"

"Before customers who have choked on high electric bills break out their pitchforks and go after McDonnell, they should know that Deeds' ad is not honest." ".....to pretend that McDonnell did anything but represent consumers and uphold the law is deceptive. Deeds should be ashamed."
The Roanoke Times, September 18, 2009, "McDonnell Didn't Decide Rates"

"The ads raise questions about whether Deeds even wants to be part of a solution. The Democrat has said he will work to build support for a transportation plan if he's elected governor. He's been unwilling to say how he'd pay for road improvements, but Deeds did commit to signing a package that includes taxes as long as it has bipartisan support. This commercial .....should lead many voters to question whether Deeds has any intention of making the hard decisions necessary to undo a generation of fiscal mismanagement in Richmond. Deeds has spent the summer telling voters why they shouldn't vote for McDonnell, but precious little time explaining why they should vote for him. Deeds has spent a month trying to scare Virginians about McDonnell's past as a cultural conservative, but too little explaining his own vision for Virginia's future..... .....Hampton Roads desperately needs a leader with the vision to recognize the region's most pressing needs and the courage to solve them. Deeds has suggested that he wants to be that leader, but right now he looks like just another politician who cares more about winning than about solutions."
The Virginian-Pilot, September 16, 2009, "Deeds has problem on transportation"

"More to the point, Deeds apparently hasn't noticed the yawning void in the middle of his campaign where vision and ideas ought to be. First, he stammers about abortion, an issue that surely will not win him an election. Then he rolls out a presidential testimonial. What of how the commonwealth might be run? What of transportation? What of job creation? .... .....One might disagree with McDonnell on how he expects to go about governing, but he has provided detailed plans, which is ordinarily just the sort of thing Democrats do, ad infinitum.... .....We know the president likes Deeds. Surprise. But we don't know what Deeds might do if he catches the office he seeks. Hearing nothing from him gives the impression that Deeds is a man without a plan. It is not an image that appeals."
The Waynesboro News-Virginian, August 28, 2009, "Deeds: Man without plan"

Absentee Military Ballots

HEADS UP!!! If you have a deployed relative or know someone who does, the deadline is fast approaching.

Va. candidates step up courting of military votes
By: William C. Flook Examiner Staff Writer

October 2, 2009

Virginia's gubernatorial candidates jockeyed for a wealth of active-duty and veterans votes, as political groups stepped up efforts this week to help overseas military voters navigate a vexing absentee ballot process.

Campaign officials hope for a smoother time than last year's presidential election, when a dispute over how to fill out absentee forms nearly invalidated dozens of military absentee ballots in Fairfax County. While far from tipping the election, the episode shone a harsh light on the confusing, technicality-fraught process by which members of the military cast their ballots.

Virginia is using a different ballot this year that officials don't expect to cause the same confusion. Overseas military personnel and their families are now able to receive a ballot by e-mail, and many members of the armed forces are already registered after intense efforts last year.

The changes are expected to benefit Republican nominee Bob McDonnell, a former Army officer who spent much of his life in Hampton Roads, a region heavy in military votes.

"Our biggest [goal] is to make sure that all those servicemen and women, regardless of where they're stationed, are given the opportunity to have their ballot counted, which obviously was an issue last time," said deputy McDonnell campaign manager Dave Rexrode.

McDonnell's Democratic opponent -- Creigh Deeds -- is far from conceding the military vote. Democrats have mounted a broad outreach to veterans especially, with a Veterans for Deeds committee headed by Sen. Jim Webb.

"If you look at the legislation that's come out of not only the [Virginia] General Assembly but Congress as well, and the support for veterans and military families specifically, a lot of that legislation has started on the Democratic side," said Joe Harmon, chairman of the Virginia Democratic Party's Veterans and Military Families Caucus.

Despite the changes, military personnel serving abroad still face numerous procedural hurdles when trying to send a ballot, said Ford O'Connell, president of ProjectVirginia Inc., a Republican-affiliated political action committee helping sign up military voters.

"The folks that protect us should not face a lot of roadblocks when they are exercising their right to vote," he said.

Monday is the deadline to register to vote in the Nov. 3 election, although the State Board of Elections allows overseas members of the armed forces in some cases to register up until Oct. 27.

Thank You DCExaminer for publishing this timely information.

Thank You veterans for defending our right to exercise our voting privileges.

Leadership Counts

Everyday Virginians are seeing firsthand that in this pivotal race for governor, Bob McDonnell is THE candidate of new ideas and strong leadership.

A new Public Policy Poll released today shows Bob McDonnell leading Creigh Deeds by 14 points. This comes on the heels of a Survey USA poll last week that showed Bob leading by 15 points.

It is clear: Bob has momentum because he is demonstrating the strong leadership and bold vision Virginians want in their next Governor.





Creigh Deeds, meanwhile, is stuck following Bob’s lead on issue after issue. And while he follows, he and his surrogates also continue to ramp up their attacks and criticism.

That’s not what Virginians want to see. It’s not what our Commonwealth needs.

With unemployment over 7%, Virginians want leadership. They want ideas. They want solutions. That’s why they are rallying behind Bob’s positive campaign!

Thank you for your support. Together we are going to win this race and bring new jobs and more opportunities to every region of Virginia.

Why Bob McDonnell WIll WIn

Fred Malek: Why Bob McDonnell Will Win Virginia
What it Can Mean for the Republican Party
Bob McDonnell is a young polished lawyer and an Army veteran who grew up in liberal (though much less liberal back in the day) Northern Virginia and lives with his family in conservative Virginia Beach, so he can connect with young suburban families in a way that Jerry Kilgore had trouble doing in 2005. McDonnell is a great example of the kind of candidate who doesn't have to "choose" between sticking to his values and appealing to moderate voters.

That gives him a real advantage over Creigh Deeds, whose economic platform is more of a populist shtick targeted to the United Mine Workers than a sensible roads and schools plan for I-95 commuters. McDonnell cares about the issues Virginians care about, like transportation funding, college tuition costs, energy policy, taxes, and, of course, job creation.

So Northern Virginia will be something it hasn't been in recent elections: A battleground leaning Republican.

And Republicans will be more excited about McDonnell than the Democrats are about Deeds. It's clear where he stands on the issues that are important to the Republicans Party, including taxes, religion and honoring our troops.

Deeds, on the other hand, is going to have to activate his base and crank up the turn out better than he did last time around. In doing so, he is going have to walk the line between Prius drivers in Arlington and NASCAR fans in Bristol. He's not an anti-gun zealot, which won't please pastors in Hampton, and wants to soak the entrepreneurs and businesses on taxes, which won't impress technology executives in Reston. And there should be no forgetting that Virginia is the new battle ground in big labor's battle to expand its power. In a state that appreciates the right to work and still tilts conservative, the advantage goes to Bob.
Click Here for More.

Terry McAuliffe and Global Crossing

You should think very hard about allowing a Clintonista anywhere near the Governor's Mansion.

Investment questions dog McAuliffe in Va. gov race

In a governor's race that's all about jobs, Terry McAuliffe is facing questions about huge profits he made from a company that collapsed two years later, leaving 10,000 people unemployed.

The multimillionaire businessman and former Democratic National Committee chairman, a close friend of Bill and Hillary Rodham Clinton, is pledging to use his business savvy to land more jobs for his state than any of his fellow governors.
But since he entered the race in January, he's been dogged by questions about his investments in telecom giant Global Crossing. He faces two opponents in a June 9 primary.

In 1997, McAuliffe sank $100,000 into the Beverly Hills, Calif.-based startup's bold plan to link North America and Europe with a trans-Atlantic fiber optic cable, a super-fast conduit for voice, video and digital data.

"When I invested in Global Crossing, understand that it was a very risky deal," McAuliffe said in an Associated Press interview about his finances. His return was $8.1 million, mostly on the sale of 176,017 shares in 1999, the year Global Crossing stock peaked beyond $60 a share.

He could have made much more _ closer to the $18 million in some published reports _ had he sold all of his shares in 1999. Stock transaction records he provided to the AP show his last shares were sold in January 2002, after the company's stock had plunged to 14 cents per share. And, as McAuliffe notes, he was never a board member or officer of the company.

When Global Crossing filed for bankruptcy protection that year, investors lost $54 billion and 10,000 employees lost jobs. Even after 2008's spectacular Wall Street failures, Global Crossing's bankruptcy still ranks among the largest in U.S. history.
McAuliffe's most bitter primary rival is pounding him on it. State House Democratic Caucus leader Brian J. Moran's only television ad, which debuted last week, accuses McAuliffe of "working insider deals for himself."

Moran maintains the jobs lost at Global Crossing counter McAuliffe's claims that he can generate jobs for Virginia.

Business savvy my ass. Just another greedy, heartless, blood-sucking dhimmicrat who will do more damage to Virginia's economy than Timmy ever thought about doing.

McCauliffe Is A Typical Democrat

You really want this piece of democrat excrement as Governor of our Commonwealth?
Remember Enron?

McAuliffe’s Shady Business Past
Why the former DNC chairman and potential candidate for Governor of Viriginia can’t preach about business accountability.

But even as he questions the president's credibility on the issue of corporate responsibility, there are questions about McAuliffe's own past as a private businessman — questions that suggest how difficult it will be for the DNC chairman to be a credible voice for greater accountability. In the late 1990s, some of McAuliffe's business ventures came under investigation by the U.S. Department of Labor, which filed suit against two labor-union officials, both of them with the International Brotherhood of Electrical Workers pension fund, for entering into questionable business arrangements with McAuliffe. Both officials later agreed to pay hundreds of thousands of dollars in penalties for their actions, and the union itself had to reimburse its pension fund by nearly $5 million.
McAuliffe's real-estate deals have attracted relatively little attention in the press. Last October's consent agreement that ended the Labor Department lawsuit, coming after the terrorist attacks of September and just before the collapse of Enron, received almost no coverage. But the details of McAuliffe's business career may take on new importance now that he has become one of the president's chief critics on the issue of business ethics.
A Democratic-party spokeswoman dismisses suggestions that McAuliffe's record might damage his credibility. "First of all, Terry McAuliffe isn't president of the
United States," says the DNC's Jennifer Palmieiri. "He doesn't have the responsibility or the ability to restore confidence in the markets." Second, Palmieiri says, "We're holding Bush to Bush's standard — the standard he has laid out for corporate CEOs. He should follow that example. He has not been upfront with what his own situation was." Finally, Palmieiri says, the business records of Bush's Democratic critics are far less important than the fact that they support the Sarbanes corporate reform bill. "Whatever their business dealings are, and whatever they have done in the private sector," Palmieiri says, "they still want to support the most responsible reforms
available."
Nevertheless, McAuliffe's business career might attract increased scrutiny should he continue his high-profile criticism of the president's business history. Already there have been mentions of McAuliffe's extraordinarily well-timed investment in the now-bankrupt Global Crossing, in which McAuliffe invested $100,000 and made $18 million. There has also been talk about the six-figure profit McAuliffe made for helping Prudential Insurance Company win a government contract. And there has been talk about McAuliffe's role in a politically connected Washington bank in the 1980s and early 1990s.

As McAuliffe himself has said, every day, more questions arise.

Questions indeed. Let's ask them, before this gets too far.

Time For True Virginians To Step Up

and stop this insanity. Unless you enjoy the idea of a sleazeball political hack holding the same office once held by Patrick Henry, Thoms Jefferson, James Monroe, and Henry Lee.

The Washington Post is running this story:

McAuliffe's Prowess As Fundraiser Grabs Spotlight in Va. Race

Already, McAuliffe is showing what's possible. Consider the courtship of Randal J. Kirk, a billionaire who has long been one of the biggest political donors in the state.
Brian J. Moran of Alexandria and Sen. R. Creigh Deeds of Bath, two Virginia Democrats running for governor, spent years wooing Kirk. But in mid-October, a newcomer to the Virginia political scene, McAuliffe, stopped by Kirk's Radford home to chat up his own potential bid.
Kirk, who has given Gov. Timothy M. Kaine (D) $660,000 since January 2006, had not met McAuliffe before. Yet they got along so well during their three-hour lunch that Kirk broke out the moonshine. "I wanted him to know where he was," Kirk
recalled.
During their meeting, McAuliffe did not ask Kirk for a campaign contribution. But McAuliffe made such an impression that Kirk did something a few weeks later that he said he had not done before: He called McAuliffe and pledged his support in advance of a contested primary.

Pardon me while I throw up.