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To: Lurkinanloomin

He ran deficits as Governor which led to the closing of parks and DMV’s. Our current governor is also running deficits and he too is a Illary minion, Terry McAuliffe


20 posted on 09/19/2016 4:45:24 PM PDT by outofsalt ( If history teaches us anything it's that history rarely teaches us anything)
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To: outofsalt

I’m in Virginia, too. Believe me, I’ve been watching the weasel parade.


23 posted on 09/19/2016 4:51:14 PM PDT by Lurkinanloomin (Know Islam, No Peace - No Islam , Know Peace)
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To: outofsalt

Illary minion Terry McAuliffe

Let’s take a look at some of his business associates over the years.

Anthony Rodham: When McAuliffe in 2009 created GreenTech, a now-troubled electric-car company, he turned to an old pal for assistance in courting foreign investors: Tony Rodham, who is best known as one of Hillary Clinton’s embarrassing brothers. A former repo man, prison guard, and private eye, Rodham by then had a long history of trying to cash in on his famous sister’s connections and generally causing problems for her. In 1999, he and brother Hugh nearly caused a diplomatic crisis with a plan to sell hazelnuts from the Republic of Georgia; their partner was a local political boss who also happened to be a political rival of the country’s president and US ally, Eduard Shevardnadze. Over the years, Rodham has been in the news for the occasional fistfight and for child-support arrears. He was implicated in the Clinton pardon scandal.

Richard Swann: Swann is McAuliffe’s father-in-law, and his story starts back in 1980, when Swann helped found American Pioneer Savings and Loan in Florida. Ten years later, federal regulators seized the thrift, which was drowning in bad loans and foreclosed real estate. The bailout cost taxpayers more than $500 million. Swann settled charges with the Securities and Exchange Commission, which found that Swann and a partner had broken the law in selling $10 million worth of junk bonds from the thrift to shore up its reserves. Investors—mainly mom and pop depositors at the thrift—lost their shirts, and Swann eventually filed bankruptcy.

Tony Coehlo: Coehlo is a former California congressman who resigned in 1989 after the disclosure that he had taken a sweetheart loan from the operator of a troubled savings and loan operator and used the money to buy junk bonds from the notorious Drexel Burnham Lambert, which that year paid a record $650 million to settle criminal charges with the SEC for stock manipulation. Coehlo and McAuliffe worked together on various political campaigns, but they also were involved with a real estate firm in Washington, DC. Former business associates accused the pair of using their political connections to win improper commissions on deals involving federal agencies. The matter eventually was settled confidentially.

Gary Winnick: Winnick was the founder of Global Crossing, a fiber optic company that earned McAuliffe $8 million on an initial investment of $100,000—a deal he accessed because he was working as a consultant to Winnick before the company went public. Winnick had been an acolyte of junk bond king Michael Milken before starting Global Crossing. His management of Global Crossing has been compared with Ken Lay’s leadership of Enron. He and other top executives hid the company’s losses and cashed out more than a billion in stock before the company collapsed in 2002 and caused $54 billion in shareholder losses. Lots of people thought Winnick should have gone to jail, but he avoided any serious federal action. McAuliffe cashed out his shares in Global Crossing before it crashed and was not accused of any wrongdoing, but his profiteering in this case has been a political liability for him.

Joseph Caramadre: Caramadre is a Rhode Island estate planner who pleaded guilty to scamming terminally ill people by stealing their identities and buying annuities in their names. When they died, Caramadre and his investors could cash in. McAuliffe invested $33,000 in this scheme in 2006 and netted $47,000 in return. Caramadre also was a big donor and fundraiser for McAuliffe’s first run for governor in 2009, giving $27,000 to McAuliffe’s campaign. (Caramadre apparently wanted to become an ambassador to the Vatican.) During this most recent governor’s campaign, Bob Lewis, a veteran AP reporter, was fired for reporting inaccurately on this episode, and the matter evaporated as a campaign issue. But that doesn’t change a basic fact: McAuliffe was doing business with this guy.

In 1996, the New York Daily News fired reporter David Eisenstadt after he wrote an unfavorable story about McAuliffe potentially having connections to notorious fundraiser John Huang, who in 1999 pleaded guilty to felony charges for arranging more than $150,000 in illegal campaign contributions to the Democratic Party. McAuliffe later gloated to the Washington Post about having called paper owner Mort Zuckerman to get Eisenstadt canned.


34 posted on 09/20/2016 3:11:40 AM PDT by tired&retired (Blessings)
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