Posted on 07/18/2002 8:13:23 AM PDT by PhiKapMom
DETAILS GEPHARDT AND McAULIFFE DON'T WANT PUBLIC (GEPHARDT PREDICTS 40 SEAT PICK-UP FOR DEMOCRATS IN ROLL CALL)
The Democrats' hypocrisy is unbelievable. They're digging up ten year-old stock sales by President Bush that were completely cleared by the SEC, while they're under investigation for their own shady business dealings.
When Dick Gephardt ran for President in 1988, he received an unsecured and unusual $125,000 loan from Federal City Bank. Terry McAuliffe, now the chairman of the Democrat party, ran the bank that gave Gephardt his sweetheart loan while working as Gephardt's chief fundraiser in his campaign!
This violated Federal election law.
As for Gephardt, his aides now say he's a virtual lock on running for President again. (But that couldn't have anything to do with why he's making hypocritical attacks, now could it?) And McAuliffe just can't seem to stay away from business scams, starting with how he turned a $100,000 insider investment in Global Crossing into $18,000,000 right before the company went bankrupt!
Every taxpayer needs to knows about this hypocrisy. Only a few media outlets have reported this. Since we can't rely on the liberal media to tell this story, we need to do it ourselves. Forward this message to everybody you know!
"JIMMY Rodriguez hit the trifecta Wednesday. He was at his new restaurant, Jimmy's Downtown, chatting with ex-President Bill Clinton and Texas senatorial candidate Ron Kirk when his cell phone rang. 'Come to Harlem immediately,' he was told. 'The mayor is sitting down to dinner.' Jimmy raced from East 57th Street to Jimmy's Uptown on West 130th, where Mike Bloomberg was eating with Democratic National chairman Terry McAuliffe. "
Wouldn't hurt to find out who this Ron Kirk is, either. Just FYI.
Bush picks former Montana Gov. Marc Racicot to head Republican National Committee
Novak's right: Racicot should go. An Enron lobbyist as RNC chair? Forget it!
CNN INSIDE POLITICS - Transcript - Aired July 19, 2002 - 16:00 ET
"WOODRUFF: The two major party chairmen are with me now to talk about the politics of corporate responsibility and the upcoming midterm elections. Republican Mark Racicot is in San Francisco. Democrat Terry McAuliffe is here in Washington. Gentlemen, both of you have corporate ties.
Terry McAuliffe, you were invested in Global Crossings. It's now under investigation by the SEC. Mark Racicot you lobbied for companies including Enron. My question to both of you, is are you both appropriate spokesman for your party on these issues? Terry McAuliffe.
TERRY MCAULIFFE, DNC CHAIRMAN: All can I tell you is Republicans keep talking about Global Crossing. I was merely an investor. I never worked for the company. I was not on the board. I was never an officer. I was fortunate to be an investor in that company and I feel bad for everybody who lost money and the shareholders that lost money, that people lost their job.
Judy, I merely invested. I was like millions of people who owned stock in companies and had no say over the management, how the company was run. We can't hold people accountable just because they hold shares of a company.
WOODRUFF: Mark Racicot, you lobbied for several companies including Enron.
MARK RACICOT, RNC CHAIRMAN: Well, I performed legal services for Enron. But let me say plainly that Terry McAuliffe is imminently well qualified to speak for the Democratic party. The fact of the matter is, we all ought to in this country make certain that we avoid the kind of suggestion or innuendo or implication that somehow impunes the character of people for having been associated with some kind of a business entity and there's no proof whatsoever to suggest anything inappropriate. That's the case with Terry McAuliffe. It's the case with me. It's the case with the president. It's the case the vice president. People ought to quit trying to opportunistically take advantage of this particular issue. WOODRUFF: Let me ask you both about this. At a time when we're talking about corporate responsibility, both of your parties are taking enormous amounts of money from corporations. Over the last 10 years, the Republicans have taken in over $635 million. The Democrats have taken in $450 million. Is there -- where is the truth when both parties are going after this money at the same time you're saying corporations clean your house.
Hugs for everyone.
Statement from DNC Chairman McAuliffe on Vice President Cheney and Halliburton
Story Filed: Friday, July 19, 2002 2:20 PM EST
WASHINGTON, Jul 19, 2002 /PRNewswire via COMTEX/ -- The following is a statement from DNC Chairman McAuliffe on Vice President Cheney and Halliburton:
"Vice President Cheney should explain to the people of Houston why his company misled investors while he was CEO of Halliburton. The people of Houston know all too well the painful results of corporate accounting tricks.
"Vice President Cheney should spend more time explaining his business practices and the accounting tricks he used as CEO of Halliburton and less time raising money for the Republican Party.
"Restoring investor faith in corporations is vital to getting the economy moving in the right direction. The administration has to come clean on questions surrounding their business practices before the American people take them seriously on corporate responsibility."
SOURCE
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