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Terry McAuliffe’s Credentials as an Entrepreneur Collapsing

Virginia’s Democratic candidate for Governor, Clinton confidant Terry McAuliffe, has been trying to sell himself to the Old Dominion’s voters as a job creator and entrepreneur, but the continuing revelations about his troubled company, GreenTech Automotive, show that obtaining government privileges has been McAuliffe’s primary occupation.
Terry McAuliffe
And without those special favors and privileges from government, GreenTech comes to a grinding halt.

The latest example of the relationship between government cronyism and GreenTech comes from China of all places.

As chairman of GreenTech Automotive, McAuliffe announced a joint venture to produce and sell vehicles in China two years ago. Watchdog.org posted video of McAuliffe showing off the dusty site in Ordos. (click this link to see the Watchdog.org report)

Now Kenric Ward, chief of Watchdog’s Virginia Bureau, writing in Human Events, reports that even the plant GreenTech was allegedly building in China – not Virginia – has been halted because Chinese government funding dried up, according to recent news reports. Consequently, construction is now said to be on an “indefinite hold.”

McAuliffe’s critics, such as Tom Miller, executive director of the conservative America Rising PAC, were quick to make the connection. “Only his company’s failures could halt Terry McAuliffe’s efforts to build a plant in China — taking jobs he promised Virginians overseas,” Miller told Watchdog.

But this isn’t the only example of McAuliffe cronyism to surface in the past few days.

GreenTech Automotive had on its payroll Levar Stoney, a former director of the Virginia Democratic Party, who now serves as an adviser to McAuliffe’s campaign, according to a new report from Watchdog.

What Mr. Stoney knows about manufacturing automobiles remains murky, but GreenTech provided a safe landing place for him to serve as director of public and government affairs from May 2010 until November 2012 when he was announced as Deputy Campaign Manager of McAuliffe’s campaign for Governor.

As of now, it is unclear whether or not Stoney attended the infamous meeting between U.S. Citizenship and Immigration Services (USCIS) Director Alejandro Mayorkas and McAuliffe to discuss the USCIS EB-5 visa application process, which McAuliffe complained was too slow.

Gulf Coast Funds Management handles EB-5 visas for investors in GreenTech Automotive, of which McAuliffe was co-founder and chairman. GreenTech reportedly relies on EB-5 visas for its investors.

Mayorkas is now under investigation for his relationship with Gulf Coast Funds Management (run by Hillary Clinton’s brother and McAuliffe business partner, Anthony “Tony” Rodham), after he allegedly helped Gulf Coast overturn the denial of an EB-5 visa, which grants conditional permanent residence to foreign nationals who invest significant amounts of money in the United States, for its investors.

Government grants from China and Mississippi, Hillary Clinton's brother Tony Rodham, USCIS Director Alejandro Mayorkas, former Virginia Democratic Party official Levar Stoney... where would Terry McAuliffe’s GreenTech Automotive and its claim it would build and operate an automotive plant that produces between 200,000 and one million automobiles each year be without government favors and political cronys?

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