An electric car company that folded after taking millions of taxpayer dollars was founded by Virginia Governor Terry McAuliffe, the chairman of Hillary Clinton’s 2008 presidential campaign and former Democratic National Committee (DNC) chair, but the mainstream media is ignoring this pertinent fact. The Mississippi-based company, GreenTech, shut down in January but is back in the spotlight because this week the state’s auditor demanded the firm repay $6.4 million in public funds. Only a small Richmond, Virginia newspaper prominently reported McAuliffe’s ties to the scandal, stating in the headline that “Mississippi auditor demands $6.4M repayment from McAuliffe’s former electric car company.”
Most mainstream news outlets ignored the story altogether and a few kept McAuliffe’s name out the minimal coverage. Washington D.C.’s mainstream newspaper went with a lengthy wire service story that matter-of-factly mentions McAuliffe in the very last sentence. “Among former insiders is Virginia Gov. Terry McAuliffe,” the end of the article states. “He resigned as the firm’s chairman in December 2012 and said he divested his interest.” How convenient! The article omits that, as GreenTech founder, McAuliffe brokered the deal in which the company got millions in public funds by promising to invest $60 million locally and creating hundreds of new full-time jobs. That never happened and instead taxpayers got fleeced. Now Mississippi State Auditor Stacey Pickering is ordering that the money be repaid with interest and investigative costs. The exact figure is $6,360,019.60.
McAuliffe is a renowned Democratic fundraiser who made a fortune with shady investments in a telecommunications giant that went bankrupt. He started his fundraising career in Jimmy Carter’s 1979 reelection campaign and has raised big bucks for Democrats over the years, but not without controversy. McAuliffe was investigated for campaign-finance abuses during the 1996 presidential election and was deposed by the Senate committee investigating the matter. In 2002 the Virginia governor was investigated for his role in an unprecedented case of political profiteering for turning a $100,000 investment in telecommunications giant Global Crossings into an $18 million profit. The company later made the fourth-largest bankruptcy filing in history and McAuliffe insisted he only did “political work” for the company’s founder who, incidentally, donated $1 million to Bill Clinton’s Presidential Library.
Though his pals in the mainstream media are keeping his name out of the GreenTech scandal, McAuliffe could still be in serious trouble. The Virginia paper that reported his key role in the bankrupt electric car company points this out: “McAuliffe’s office has said the governor has had no involvement with the company since stepping down as its chairman and divesting his financial stake. But the escalating standoff in Mississippi raises the likelihood that the business deal McAuliffe brokered could be headed toward a bitter end in court. Ending his four-year term as governor with a higher national profile and record as an exuberant pitchman for Virginia, GreenTech’s unraveling could dog McAuliffe amid speculation about a 2020 presidential bid.”