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To: Obama_Is_Sabotaging_America; Puppage; Salgak; Lakeshark

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.

In one deal, McAuliffe and the fund officials created a partnership to buy a large block of commercial real estate in Florida. McAuliffe put up $100 for the purchase, while the pension fund put up $39 million. Yet McAuliffe got a 50-percent interest in the deal; he eventually walked away with $2.45 million from his original $100 investment. In another instance, the pension fund loaned McAuliffe more than $6 million for a real-estate development, only to find that McAuliffe was unable to make payments for nearly five years.

In the end, the pension fund lost some of its money, McAuliffe moved on to his next deal, and fund officials found themselves facing the Labor Department’s questions.

...and libertarians are willing to put him in office by siphoning votes from Cuccinelli


15 posted on 11/04/2013 10:47:13 AM PST by Baynative (I meant to write a different story in my diary. But that's life, I guess.)
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To: Baynative

we had a liberalatarian on a local radio show and it took him about three minutes but he finally got to the crux.. legalize drugs. Most of them are lefties that want to legalize drugs and should be disqualified from adult conversations on important issues. They have no idea how idiotic they appear and every year, it’s the same thing.

Take away legalizing hard drugs and they slip away.


21 posted on 11/04/2013 10:52:32 AM PST by newnhdad (Our new motto: USA, it was fun while it lasted.)
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