Another metastasis from the Clinton cancer

Flopping Aces ^ | 07-25-13 | DrJohn

[Starman417]

It seems we will never be rid of the Clinton cancer.

The name Terry McAuliffe ought to ring a bell. He was Chairman of the Democratic National Committee and is a major pal of the Clintons. For a time he was Chairman of Green-tech Automotive.

Wonderful things happen to the Clintons and to those around them. Hillary made $100,000 in cattle futures and Terry McAuliffe turned a $100,000 investment in Global Crossing into $18 million. And here's how he did it:

To whit: McAuliffe was a young business hustler with a glad-handing, back-slapping, used car salesman style from the get-go. He got rich by investing $100,000 in Global Crossing, and cashing out millions. If the name Global Crossing doesn't ring a bell, here's the deal: it was a loathsome scam chartered in Bermuda that bought up a bunch of regional phone companies, forced employees to pack their retirement funds with company stock, squeezed every last nickel out of the companies, then froze employees' pension funds while the executives cashed out all their stock days ahead of the collapse. Just exactly like Enron. The CEO walked away with hundreds of millions. The employees were raped, left penniless with their pensions destroyed. That's how Terry got rich.

Terry McAuliffe is again running for Governor of Virginia. The self-described "hustler" seems again to be busy doing what he does best- separating people from money.

You many seen this headline:

Obama nominee faces investigation involving company run by brother of Hillary Clinton

President Barack Obama’s nominee to be the Homeland Security Department’s No. 2 official is under investigation over alleged intervention to obtain approval for a company run by a brother of Hillary Clinton to participate in a program that provides U.S. visas for foreign investors, according to an email the department’s inspector general sent to lawmakers Monday night and obtained by NBC News.

90 percent of an iceberg is underwater unseen, as is the rest of the story. Watchdog.org has been all over this story.

WASHINGTON, D.C. — Email exchanges with the head of the U.S. Citizenship and Immigration Services reveal that Terry McAuliffe’s GreenTech Automotive and its funding arm enjoy unusual access to several top Obama administration officials.

In one instance, McAuliffe appealed directly to Homeland Security Secretary Janet Napolitano for special treatment to secure GreenTech’s funding.

Such high-level access is likely a function of connections between federal officials and GreenTech executives and board members, many of them Washington insiders:

McAuliffe, who chaired the Democratic National Committee during the Clinton era and was chairman of GTA until last December, was a chief fundraiser for Bill and Hillary Clinton. Rick C. Wade, a GTA vice president, was a top Commerce Department official and helped run President Obama’s 2012 campaign while serving as a Democratic Party executive. Tony Rodham, Hillary Clinton’s younger brother, heads Gulf Coast Funds Management, GTA’s funding arm. Serving on the GCFM board are Kathleen Blanco, former Democratic governor of Louisiana; and Margaret “Peggy” Richardson, Clinton’s former IRS commissioner.

Moe Lane did a great job putting this together

Via Instapundit comes this report from Reuters that “U.S. Citizenship and Immigration Services Director Alejandro Mayorkas, who has been nominated to be the deputy secretary of Homeland Security – and who could soon run the department – is under investigation by the department’s inspector general.”

Why is Mayorkas being investigated? Because he allegedly broke ethics rule by arranging for an ‘investor visa’ for Gulf Coast Funds Management.

Gulf Coast Funds Management is run by Hillary Clinton’s brother Anthony Rodham.

This is where we have to leave Reuters, because Reuters – accidentally or deliberately – decided to stop telling the story.

An ‘investor visa’ means an EB-5 visa… and this is where we get deep into the weeds. EB-5 visas are pretty much designed to trade green cards for significant foreign investment, thus making them very very valuable things indeed. There have been allegations – vehemently denied (which is to say, lawsuits are involved) – that Gulf Coast operated the ‘green car’ Greentech Automotive company as essentially a pay-for-visa program.

This is important partially because Gulf Coast is run by Anthony Rodham, who is the brother of Hillary Clinton, who is the political patron of Terry McAuliffe, who ran Greentech up to the point where doing so became a political liability for his Virginia gubernatorial campaign.

And, for the absolute cherry on this particular case: McAuliffe actively pushed Homeland Security director Janet Napolitano for movement on EB-5 visas for Greentech. Did it work? Well, apparently there was some movement on this by January.

Hey! Didn’t Janet Napolitano suddenly announce that she was quitting, two weeks ago?

So how has Green Tech been doing under McAuliffe? Not so hot:

[Mr. K]

I Obama starting to hire Clinton’s cronies in order to get some help with his flailing presidency and support for HilLIARy in 2016?

He better stay out of Ft. Marcy park, if he does. HilLIARy may not want to wait (and Joe Biden is no Obstacle..)

[JimRed]

The employees were raped, left penniless with their pensions destroyed. That's how Terry got rich.

McAuliffe must have great personal security, or some teed-off former employee would have terminated him by now!

[MeshugeMikey]

I noted the Disney Name on the wall behind the “green car”

perhaps its simply a New New NEW Attraction at FANTASYLAND??

another clinton? HUGH I have seen...Anthony? not prior to this revelation

[rktman]

And the “take away” is that this s**tbag will probably the elected just like herr weiner in nyc. Sorry state of affairs. (So to speak in the weiners case)