So the Virginia gubernatorial election features the
criminally insane batshit crazy Ken Cuccinelli, he who would seek to outlaw oral and anal sex between consenting adults, versus the extremely ethically challenged DLCer Terry McAuliffe.
Defeating Cuccinelli has to be high, if not at the top, on the list of progressive priorities for this election cycle, but the question always has been whether McAuliffe -- who has lost Democratic gubernatorial primaries in VA in the past -- has the juice to do it. With today's news, as reported on TPM, that question has suddenly become a great deal more salient:
The Securities and Exchange Commission has been investigating an electric car company co-founded by Democratic Virginia gubernatorial hopeful Terry McAuliffe, the Washington Post reported Friday.The article goes on to note that the matter under investigation is whether GreenTech "guaranteed" returns to investors, which is prohibited under securities laws, and also whether the company may have abused provisions in immigration law granting special visas to investors of particularly large sums of money in job-creating American industries.
The SEC subpoenaed documents from the car company, GreenTech Automotive, as well as bank records from a sister company called Gulf Coast Funds Management, according to the Post. Gulf Coast is run by Anthony Rodham, the brother of former Secretary of State Hillary Clinton.
McAuliffe, who was chair of the company when the irregularities would have occurred, denies any knowledge of the SEC investigation, but the company confirms that it has received and is complying with SEC subpoenas.
Sleazy, oily, ambitious, and incompetent. Give me more reasons to hate you Terry McAuliffe. Lose this election and your name will be written in the annals of hell!