Further inspection into McAuliffe Increases Concerns
Sat Apr 26, 2008 at 10:12:28 AM PDT
After reading a new diary today concerning the latest FL/MI debacle, and Terry McAuliffe's involvement both as DNC Chair and Clinton's campaign advisor, I began a casual search which lead me to the most unexpected information.
In the span of about an hour, I went from DNC Regulations to insider trading to Pentagon Contracts, FBI investigations, Golf with Bill Clinton and the padding of his empty Library to Saudi ties, Bush ties, campaign oddities and a cameo appearance by John McCain, in which his only line is, "I'm tainted." No kidding!
I didn't know I was going to write this diary today when I decided to do a little research into Terry McAuliffe's years as DNC Chair.
Because of his intensely strong political ties with the Clinton's, his time at the DNC (which he chaired starting in 2001), a position he left in 2005, something just made me uneasy about his jumping on board with Clinton '08, and my initial concern was conflict of interest.
What I found was much more interesting.
Following are some quotes from articles I found, as well as the links to the full articles.
The information in these pieces is just a fraction of why I am so uneasy, but add that much more fuel to the fire.
Discovering Terry McAuliffe Today
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DNC Chair: 2001 - 2005:
A year before he left, (2004) he created, proposed and implemented the amended DNC Rules concerning the rescheduling of the "pre-window" primary schedule for 2008. The final proposal was made in December 2005, and the new schedule was adopted in August 2006.
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SO?
I think these dates are important considering Hillary Clinton's Presidential intentions. Nor have I ruled out the outlandish question: Is there any possibility this FL/MI disaster could have been less than random? This sort of doubt is the very reason anyone under such a cloud cannot be Commander in Chief. Period.)
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ARTICLE 1: GLOBAL CROSSING MAKES TERRY VERY RICH:
Contract Offers Look at How Global Played Influence Game
By JOSEPH KAHN, New York Times/Business
February 28, 2002
link
Just as the Enron investigation was becoming fully engaged, Terry Auliffe began to taking a low profile because the FEC and the FBI had begun an investigation on his company for "questionable accounting and investing practices."
Global Crossing, which went bankrupt on in Jan 2002 after McAuliffe's $100,000 investment in the company earned him a return of $18 million in about 18 months which also earned him the attention of many raised eyebrows.
10,000 employees lost their pensions, benefits and jobs, and investors lost over $50 million. Shortly before the GC inquiry, McAuliffe was using Enron to blast Bush, which could effectively weaken the incumbent for the 2004 election, perhaps even render him "unelectable". Clearly that plan didn't turn out as planned, but it could offer insight into the inner workings of Mr. McAuliffe.
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The Library, Golf and the Pentagon:
McAuliffe's political work at the time was for Global Crossing's CEO, Gary Winnick. McAuliffe arranged a golf trip for Winnick and President Clinton, and Winnick subsequently gave 1 million to the Clinton Legacy Building Library.
in July 2001, Global Crossing was awarded a Pentagon contract worth between $137 and $450 million dollars, under significant protest from other bidding companies such as AT&T and Qwest who had a longer-standing relationships within the military industry. The losing companies complained of inappropriate actions in the bidding process, raising the concern that the contract may have have led
to an unfair advantage for GC, awarding them the contract improperly.
Interesting side note - McCain joins the fun, too!:
"Global Crossing has given John McCain (R-AZ) $31,000 since 1998, more than it contributed to any other member of Congress. Mr. McCain, who has led the effort to overhaul campaign finance laws and ban soft-money contributions from corporations, acknowledged last week that he was 'tainted' by Global Crossing's giving."
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It Gets More Complicated:
With the length of this diary already concerning, I am cutting out the rest of my synopsis concerning the second article, but here are the titles, links and updates. It's a convoluted but interesting read. Articles like this tend to increase my sense that we are even more blissfully (maybe not) ignorant of what some leaders really do, as opposed to what we think they do. For some reason the bipartisan thread in these articles does not make me feel like one big happy family...
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ARTICLE 2: BRING IN THE GOP (And more money):
Bush's mystery money man becomes Hillary's
Russ Baker and Adam Federman, World Prout Association (updated 10/2007)
link(Note: This Article can also be found on the RCP blog)
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UPDATE: As soon as I posted this diary, I immediately received a comment warning me to check my sources. I did, and corrected my error. I used a link that I thought was valid, but had more of an agenda than I realized. The basic facts were accurate, but I learned a valuable (but embarrassing) lesson.
Thanks bunches, Setrak.
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mishte
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