Wednesday, August 14, 2013

Washington Post Thinks Terry McAuliffe is just a self serving, self-promoting BS artist

Washington Post Editorial says......
Kids Know....
TERRY MCAULIFFE, the Democratic nominee for governor of Virginia, launched an electric-car company shortly after his failure to win the same nomination four years ago. Over the years, he made lofty predictions about the pace of hiring and production at the firm, known as GreenTech Automotive… Judging by the evidence to date, laid out by The Post’s Fredrick Kunkle, things don’t look promising. GreenTech relies heavily on financing from wealthy foreigners, many of them Chinese, who pony up at least $500,000 each through a federal program designed to attract overseas investors. In return for their investments, they receive U.S. visas and may become eligible for permanent residency green cards. The EB-5 visa program is legal; it’s been operating since 1990 with bipartisan support. The troubling question is whether GreenTech, as conceived by Mr. McAuliffe, is a serious and viable automotive enterprise or mainly a scheme to attract foreign investment capital and serve Mr. McAuliffe’s political agenda......
Ewwww You smelll like......BS
 But if the company is mainly smoke and mirrors — if it is little more than a visa mill launched to serve Mr. McAuliffe’s political ambitions — that is disturbing. Virginians are right to press him for answers.