Monday, May 18, 2009

Terry McCauliffe -- Bad for Virginia

OK, so it's not my party's primary. And it would be fun to attack McCauliffe in the general election with his record.

But what lesson have we learned from the 2008 elections? Once the Democrats pick their candidate, it won't matter even if we catch him with a dead girl AND a live boy in his bed, the Democrats will vote Democrat, and some independents will totter along if the candidate has enough money to sway them.

And McCauliffe has tons of money, which according to the Washington Post, he earned in the way that Obama says is evil.

The Post in fact deflates the bubble that is McCauliffe's ego, showing that his claims of creating hundreds of thousands of jobs and launching dozens of companies, ALL SUCCESSFUL, is just one more of Terri McCauliffe's lies:

Yet McAuliffe's business pedigree is not so simple. He is a dealmaker who made millions from investments. And many of his biggest deals came in partnership with prominent donors and politicians, creating a portrait over the years of a Washington insider who got rich as he rose to power within the Democratic Party.
...
But they belie the complexity of a business career built mostly on intricate land deals and dot-com investments, often with wealthy political donors -- and sometimes with no jobs to show for it.

The Post details deal after deal which were little more than Terri paying off political allies in exchange to access. And it mentions a case where Terri seems to have taken advantage of the unions:

The pension fund put up virtually all the money -- about $40 million compared with McAuliffe's $100 -- even though McAuliffe would own a 50 percent share in the partnership. This detail would become a point of contention in a lawsuit filed against the fund trustees by the Department of Labor, which regulates the management of pension funds and which determined that it had not been a good investment for the electrical workers. In 2001, after two years of litigation, the trustees, including Moore, settled in U.S. District Court.

Terri had 5 companies in Virginia which he touts, but none had any employees:

And at a candidates' forum in December, in response to Moran's claim to be the only candidate who had run a business and raised a family in Virginia, McAuliffe boasted of launching five businesses in Virginia. It turned out that all five are investment partnerships, with no employees, registered to his home address in McLean.

At least he didn't try to claim a grass-cutting business. But he sure likes to "exaggerate", which is the Democrat's euphamism for "lie":

McAuliffe's tendency to exaggerate his successes adds to that perception. Describing the apartments he purchased with the union fund, McAuliffe said he "went through every apartment myself, like 1,600 of them, to make sure the toilets worked" -- but then added: "Well, I didn't go through 1,600. But I went through every property exhaustively. Sure I did! I owned them!" McAuliffe then claimed that his home-building company built 1,300 homes at its peak, but an adviser later clarified that the figure was closer to 800.

The post story is a must-read, which is something I very rarely say.

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