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The McDonnells Were Deeply In Debt

How much tragedy stems from people in debt grasping for cash!

43 page Full McDonnell Indictment

1 posted on 01/22/2014 11:04:31 AM PST by iowamark
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To: iowamark
the McDonnellsClintons were struggling financially when they moved into Virginia's Arkansas' Executive Mansion. Then Hillary made a commodities trade that paid off 1000:1 and they lived (un)happily ever after. Of course, she never did it again , because if you have that kind of luck omce, you're never going to push it again
2 posted on 01/22/2014 11:11:26 AM PST by gusopol3
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To: iowamark

It’s not legal for a republican to act like a democrat. Who knew?


3 posted on 01/22/2014 11:12:16 AM PST by Drill Thrawl (The Gubment Has No Legitimacy. It needs to be Removed!)
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To: iowamark
RE :”Just days after he left office, the Republican and and his wife, Maureen McDonnell, were charged in federal court with more than a dozen counts related to the tens of thousands of dollars in gifts and loans they accepted from a wealthy Virginia businessman. (The ex-governor maintained on Tuesday that he had done nothing illegal.) “

Since neither McDonnell works for the Federal government there is no Federal law against them accepting gifts from others, as governor of VA.

A number of these charges have nothing to do with the others, looks like a witch hunt.

4 posted on 01/22/2014 11:13:21 AM PST by sickoflibs (Obama : 'If you like your Doctor you can keep him, PERIOD! Don't believe the GOPs warnings')
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To: iowamark

The best legal advice I can give him is to retroactively switch parties.


6 posted on 01/22/2014 11:23:33 AM PST by hometoroost
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To: iowamark

Your local jewelry store would run a credit check on you and decline to hire you as a bad security risk if you were in that financial situation.

We don’t do that to our Governors apparently.


7 posted on 01/22/2014 11:27:07 AM PST by Buckeye McFrog
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To: iowamark

And having read all of this, I am left with a question: what crime was committed?


8 posted on 01/22/2014 11:28:09 AM PST by Captain Jack Aubrey (There's not a moment to lose.)
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To: iowamark
Maureen McDonnell asked Williams for help finding a designer dress to wear at her husband's upcoming inauguration

This is illegal?

11 posted on 01/22/2014 11:34:49 AM PST by what's up
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To: iowamark
Not sure if any laws were broken but this is sleazy.
14 posted on 01/22/2014 12:00:04 PM PST by gunnut
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To: iowamark

McDonnell is a crook who sold his office.

He then dragged down our slate of candidates in Virginia (Cuccinelli took money from the same guy, although I’m not aware of any evidence of quid pro quo in his case). McDonnell’s corruption made all the Republicans look bad, especially when they didn’t initially distance themselves from him or admit that the charges were serious.

He ought to do serious hard time.


19 posted on 01/25/2014 10:04:23 AM PST by highball ("I never should have switched from scotch to martinis." -- the last words of Humphrey Bogart)
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To: iowamark

His wife looks and sounds like a nut job . Being from Arkansas I have experience with nut job governor’s wives aka Hillary Clinton aka Bill Clinton’s power hungry/money hungry coattail who couldn’t run a whore house for profit (or a lemonade stand like most (all) Democrat politicians can’t).


25 posted on 01/25/2014 10:39:43 AM PST by kcvl
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To: iowamark

BUSINESS WEEK, DECEMBER 22, 1997: The U. S. Attorney’s Office in Washington is trying to learn more about how McAuliffe earned a lucrative fee in helping Prudential Insurance Co. of America lease a downtown Washington building to the government. Prudential just settled a civil case involving that lease for over $300,000 without admitting any liability .... The Labor Dept. is probing McAuliffe real estate deals that were bankrolled by a union pension fund .... And Labor Dept. probers are looking at possible conflicts of interest in at least two of McAuliffe’s Florida real estate deals that were bankrolled by International Brotherhood of Electrical Workers pension money. Investigators want to know why McAuliffe got what look like very sweet deals.

1999

WALL STREET JOURNAL: In his defense of the [Clinton house] loan, Mr. McAuliffe asks: What can Bill Clinton do for me? For starters, he could make it tough for the U.S. Attorney’s office to get to the bottom of Mr. McAuliffe’s oft-denied role in the sleazy 1996 “contributions swap” between the Democratic Congressional Campaign Committee and the Teamsters union .... What Terry McAuliffe did in essence is make a contribution to Hillary’s campaign. Its whole purpose is to enable her to establish residence in New York, thus the money is absolutely essential to her campaign .... In the Hillary race, no McAuliffe “loan,” no residency, no campaign. His contribution would seem to be more than $1,000.

AND THERE’S THE LITTLE MATTER reported by John McCaslin in the Washington Times: Chapter 5 of the Federal Elections Commission’s guide for candidates states: “An endorsement or guarantee of a bank loan is considered a contribution by the endorser or guarantor and is thus subject to the law’s prohibitions and limits on contributions.”

NEW YORK TIMES: A former Democratic official has testified that Terence McAuliffe, President Clinton’s friend and chief fund-raiser, played a major role in promoting an illegal scheme in which Democratic donors were to contribute to the Teamster president’s re-election campaign, and in exchange the Teamsters were to donate large sums to the Democrats. The official, Richard Sullivan, the Democratic National Committee’s former finance director, testified in Manhattan at the trial of William Hamilton, the Teamsters former political director, that McAuliffe urged him and other fund-raisers to find a rich Democrat to donate at least $50,000 to the 1996 re-election campaign of Ron Carey, the former Teamsters president. During the three-week-long trial, Sullivan testified that McAuliffe had said that if a Democratic donor made a large contribution to the Carey campaign, then the Teamsters would contribute at least $500,000 to various Democratic Party committees . . . McAuliffe’s lawyer, Richard Ben-Veniste, said his client had done nothing wrong.

DRUDGE REPORT - Enron-stung GOPers are discreetly eyeing the collapse of Global Crossing [which became the 4th largest bankruptcy in history] and its Chairman Gary Winnick, a top Democrat donor who helped DNC head Terry McAuliffe turn a $100,000 stock investment - into $18,000,000. McAuliffe arranged for Winnick to play golf with President Clinton in 1999 after his cash windfall. Winnick then gave a million dollars to help build Clinton’s presidential library . . . “McAuliffe is a guy who made millions and millions and millions off this Global Crossing stock? And the company goes bankrupt. And he has the gonads to criticize anyone on Enron,” blasted [a] Bush insider who asked not to be identified . . . For McAuliffe, Global Crossing turned out to be a bonanza. The stock had soared in the late 90s, when Winnick once bragged that he was the “richest man in Los Angeles.” McAuliffe operated out of an office in downtown Washington that belonged to Winnick - to help the mogul “work on deals.” McAuliffe told the NY Times’ Jeff Gerth in late ‘99 that his initial $100,000 investment grew to be worth about $18 million, and he made millions more trading Global’s stock and options after it went public in ‘98.

WORTH MAGAZINE - In 1995, Cincinnati billionaire Carl Lindner, whom McAuliffe had successfully courted as a donor, put up money for McAuliffe to buy American Heritage Homes, then the second-largest home builder in Florida. And in 1997, Los Angeles businessman Gary Winnick, also a Democratic donor, gave McAuliffe an early opportunity to invest $100,000 in Winnick’s new company, Global Crossing, an owner and operator of undersea fiber-optic cables. When the stock subsequently soared, McAuliffe made a reported $18 million from that $100,000 investment. Two years later, McAuliffe arranged for Winnick to play golf with President Clinton, and Winnick then gave a million dollars to help build Clinton’s presidential library. So it went in the 1990s: McAuliffe was helping the rich and powerful gain access to Bill Clinton, and everyone was making money. Anyone who suggested that there was something inappropriate about all the back-scratching-something that reeked of access peddling-only sounded like a spoilsport. With the stock market boom and the Internet gold rush and the whole country making money, why not join the party?

PROGRESSIVE REVIEW - [From a list of presidential pardons] Alvarez Ferrouillet - laundering money to cover loan for congressional campaign of Mike Espy’s brother. Espy was Clinton’s agriculture secretary; petition was pushed by Clinton pal Terry McAuliffe.

http://prorev.com/mcauliffe.htm


29 posted on 01/25/2014 11:02:20 AM PST by kcvl
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