Green Room

Another day, another terrible headline for Terry McAuliffe

posted at 11:28 am on August 12, 2013 by

The AP headline: Foreign investments under scrutiny as car company’s big plans haven’t materialized.  Said car company is Virginia gubernatorial candidate Terry McAuliffe’s baby, and it’s a scandal-plagued, “green” flop:

Four years ago, a startup car company announced with great fanfare big plans for the Mississippi Delta: Using money from foreign investors and other sources, it would build a massive auto plant to churn out a new line of energy-efficient cars and bring thousands of jobs to the area. It seemed like a win for everyone involved … Today, the place where the plant was to be remains mostly vacant except for a temporary construction trailer. The company — GreenTech Automotive Inc. — is under investigation by the Securities and Exchange Commission and the probe is reverberating well beyond Mississippi’s borders, bringing scrutiny to a Virginia gubernatorial candidate and the company run by the brother of former Secretary of State Hillary Rodham Clinton…The cars were supposed to start rolling off the assembly line in 2012. The company now hopes to start producing cars next year. And while they say they still plan to build a plant in Tunica County, all that was on the land on a recent afternoon was a construction trailer, a few pieces of equipment and a few workers strolling around. The company instead now uses a former elevator factory 30 miles away in Horn Lake. A McAuliffe spokesman said about 100 small electric vehicles were built by the time McAuliffe resigned from the company in December. The thousands of promised jobs have yet to materialize.

McAuliffe has promoted himself as a “Virginia businessman” on the campaign trail, but his signature business is located out of state, lies in ruins, and is under federal investigation.  The SEC probe is tied to allegations that GreenTech’s funding arm — which is operated by Hillary Clinton’s younger brother — has been running what amounts to a visa-for-cash scheme with “potential national security implications.”  Such concerns were what prompted the Commonwealth of Virginia to take a pass on McAuliffe’s fledgling company in the first place.  Now, the DHS official at the center of this controversy (who happens to be a top Obama appointee with a history of improper political maneuvering) is the target of a simultaneous investigation from the department’s Inspector General.  As Ed noted over the weekend, the New York Times ran a surprisingly frank front page story on McAuliffe’s web of insider connections, accusations of influence peddling, and dubious ethics.  McAuliffe’s Republican opponent, Virginia Attorney General Ken Cuccinelli, wasted no time in pouncing on the piece:

“This is today’s New York Times. Front page of The New York Times and I would not normally urge anyone to buy The New York Times, but it is pretty incredible to see what they have run about my opponent and his attempted use of connections with respect to GreenTech and the current president and CEO’s comments. The current president of GreenTech said that Terry and people like him are dangerous for business. That’s his quote. And Terry is still a 25 percent shareholder in this company and that’s what the chairman is saying. Wow. How do you say it? That will leave a mark.

But will it impact the polls?  Recent surveys have produced mixed results, with an unusually high number of uncommitted voters.  I’ve been told that polling breaks heavily against McAuliffe when respondents are aware of his GreenTech baggage, which is probably why the GOP has placed that narrative front and center in a new batch of television ads.  Parting thought: Watchdog.org 1, McAuliffe/GreenTech 0.

UPDATE – Hillary Clinton apparently can’t smell, or isn’t bothered by, all the ethical smoke.  She’s reportedly planning to hold a high-dollar fundraiser for McAuliffe in the coming weeks.

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Hillary Clinton apparently can’t smell, or isn’t bothered by, all the ethical smoke.

As a novice who turned $1000 into $100,000 in cattle futures in one year, she isn’t bothered by ethical smoke at all. To her, that just means there’s a tasty barbecue ahead.

rbj on August 12, 2013 at 11:43 AM

McAuliffe has promoted himself as a “Virginia businessman” on the campaign trail, but his signature business is located out of state, lies in ruins, and is under federal investigation.

These are merit badges for Democrat candidates.

Chris of Rights on August 12, 2013 at 12:19 PM

The Clintons have never been

bothered by, all the ethical smoke.

burt on August 12, 2013 at 12:20 PM

“What difference at this point does it make?”

Shy Guy on August 12, 2013 at 12:50 PM

UPDATE – Hillary Clinton apparently can’t smell, or isn’t bothered by, all the ethical smoke.

.
There’s still a Fort Marcy Park, ya know….

ExpressoBold on August 12, 2013 at 12:56 PM

UPDATE – Hillary Clinton apparently can’t smell, or isn’t bothered by, all the ethical smoke. She’s reportedly planning to hold a high-dollar fundraiser for McAuliffe in the coming weeks.

The Clintoons must still owe him big-time from their reign. As long as Hillary still has political ambitions, they have to honor those chits. But then, as others have pointed out, “ethical smoke” has never been a big warning sign for them anyway
.

bofh on August 12, 2013 at 2:11 PM

Dollars to donuts, Hillary! will have a ‘sudden relapse’ prior to Terry’s fund-raiser.

GarandFan on August 12, 2013 at 2:12 PM

When he first announced I posted how he dodged prosecution a few times back in the 90′s. My neighbor is a retired treas agent and they had a full team investigation that had ol Terry cold on the teamsters presidential election money laundering scheme. The treasury agents were stunned when Reno (AG) shelved it and threatened to demote anyone making waves. He is and always has been a dirty POS.

faol on August 12, 2013 at 3:55 PM

Has it occurred to anyone that “Green Investments” have been nothing more than money-laundering operations to reward leftists donors and activists and this business was Terry’s attempt to get “his”. Why is anyone surprised this is a failure? Like Obamacare, these folks never expected it to succeed, and figured the KneePadMedia would help them cover it all up once the money runs out.

goflyers on August 12, 2013 at 5:19 PM

Disgusting.

losarkos on August 12, 2013 at 6:53 PM

Hillary Clinton apparently can’t smell, or isn’t bothered by, all the ethical smoke.

After Benghazi, what did you expect? This is perfectly in line with her “ethics”.

BTW, McAuliffe is going to win…because he’s a pile of crap…that’s the way it works now. Also, Virginia is physically too close to DC to elect anybody clean.

AUINSC on August 12, 2013 at 9:01 PM