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

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

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Published by America Rising PAC
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.
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.

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Categories:Types, Research
Published by: America Rising PAC on Jun 11, 2013
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1
MEET TERRY MCAULIFFE
 Failed Job Creator. Political Hack. Policy Know Nothing.
 Arlington, VA 
 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 lessthe 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.
MCAULIFFE’S
SHADY BUSINESS HISTORY 
IN 2009, DEMOCRATS HAMMERED
MCAULIFFE’S
SHADY BUSINESSHISTORY 
Former Delegate Brian Moran (D-VA) Who Now Serves As Co-
Chair Of McAuliffe’s
Current Campaign,
Criticized McAuliffe’s Claim Of Creating 100,000 Jobs, Saying OutOf Work Virginians Are “Vulnerable To Someone Claiming They Have Created 100,000Jobs. That’s Just Not True.”
MORAN:
 
“Terr
 y, you have made -- on -- during these weeks of the
campaign, you’ve made a great issue of 
--
 big issue about jobs. Just today, you’ve mentioned jobs overand over again. Yet, you know, you’ve been criticizing even to the extent that you’ve 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. That’s just not t
rue, Terry. A hundred thousand jobs is
more than Bill Gates and Microsoft. You say you’ve built five Virginia businesses, but the WashingtonPost said they were run out of your home and never created a single Virginia job. You claim you’ll look 
out for peo
ple’s 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 isthis a positive, credible campaign? And how can Virginia voters tr
ust that you’ll care about their jobsor 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 McAuliffe’s 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 besthead to head, who’s got the best chance against Bob McDonnell, and who’s going to stand up for Virginia’s middle
-
class families, who’s going to stand up for working Virginians. And I just don’t
 believe that working Virginians are prepared to have a nominee who made millions from credit carddeals, high interest credit card deals, who stands with Donald Trump and Wall Street executives, whogets more than 80 percent of his campaign contr
ibutions from out of state. I don’t think our party  wants a nominee who still stands with a lobbyist under FBI investigation.”
(Creigh Deeds, Remarks At A DemocraticPrimary Debate,Annandale, VA, 5/19/09)
 
2
MCAULIFFE’S 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 newsorganizations
have questioned McAuliffe’s 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, McAuliffequietly resigned from the company and refuses to explain how his company never lived up toexpectations as lives were destroyed.
NBC12’s Ryan Nobles Did A Special Report Highlighting How GreenTech Failed To MeetMcAuliffe’s Promises
 NBC12 Report Part 1: NBC12 Report Part 2:See The Special Report 
Editorials Throughout Virginia Slammed McAuliffe’s Misleading Portrayal Of 
GreenTech
The Virginia-Pilot 
: “Seven Months Before The Election, McAuliffe’s Business Behavior
Has Raised All Kinds Of Questions, Few Of Which He Has Managed To Answer
Satisfactorily.”
 
(Editorial, “McAuliffe’s Green Problem,” 
[Hampton Roads, VA], 4/16/13)
 
McAuliffe’s Role At GreenTech “Was Supposed To Be A Critical Element Of McAuliffe’s Business Case For Electoral Victory,” But Now His “Campaign IsTrying 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 McAuliffe’s business case for electoral victory. Instead, it increasingly appears to bean albatross that his campaign is trying to downplay.”
(Editorial, “McAuliffe’s Green Problem,” 
[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 MakeHimself 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, isneeded. 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)
 
3
 
“In The Past Week, It’s 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 ResignedFrom GreenTech But Still Cla
imed “I’m Building Electric Cars Now.”
 
“Now, in Virginia, even more questions abound, especially in the wake of Mr. McAuliffe’s 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, ‘I’m
 
 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 WithThe 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 areason to elect him governor. But his involvement with the company also has raised a number of 
legitimate concerns.”
(Editorial, “McQuestions,” 
,4/14/13)
 
 Richmond Times-Dispatch
: GreenTech Receiving Incentives In Mississippi
“Serves To Remind Observers That McAuliffe’s Successes Often Have Had AsMuch To Do With His Personal Connections As With His Business Acumen.”
“Mississippi, where McAuliffe’s
friend Haley Barbour, a Republican, was governor, apparently 
had fewer such compunctions. But this only serves to remind observers that McAuliffe’s
successes often have had as much to do with his personal connections as with his business
acumen.”
(Editoria
l, “McQuestions,” 
,4/14/13)
 
GreenTech’s Production Has Fallen Short Of McAuliffe’s Pr
edictions.
 
“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 acouple of years ago, and Virginia officials privately expr
essed reservations about GreenTech’s business plan at the time.”
(Editorial, “McQuestions,” 
,4/14/13)
 
MCAULIFFE MADE MILLIONS AT GLOBAL CROSSING WHILE 10,000PEOPLE LOST THEIR JOBS
 In 1997, Gary Winnick, owner of a billion dollar capital group, Pacific Capital, offered McAuliffe,
 politically connected friend of President Clinton’s
,
“an opp
ortunity to invest in a new internet-related venture that would own and operate undersea fiber-
optic cables” called Global Crossing. McAuliffe’s initial investment of $100,000 grew to $18 million
and he eventually made $8.1 millionon the sale of Global Cr
ossing’s Stock
.
While McAuliffe was an investor, he arranged a golf game forGary 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 whichinvestors lost $54 billion and 10,000 employees lost their jobs. Winnick sold more than 43 million
shares, worth more than $700 million before Global Crossing’s stock tanked. News organizations
compared Winnic
k and Global Crossing’s bankruptcy to Enron.
The FBI opened an investigation
into Global Crossing. McAuliffe claimed his dealings with Global Crossing was “capitalism,” and “if you don’t like it, leave the country and move to
 
China.” 
 

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