“Fast Terry” McAuliffe

 

About The Film:

Fast Terry was produced to finally shed light on a man who has embellished his business record.  Terry McAuliffe has been a flamboyant political fundraiser who built his businesses and wealth through political connections.  From chief fundraiser for the Democratic Party, to the Clintons’ right hand man, McAuliffe has profited from being at the center of power. In this 30-minute documentary, Fast Terry exposes how McAuliffe’s politically motivated business decisions and empty promises have impacted the lives of Americans from Franklin, Virginia to Tunica, Mississippi.

D.C. Insider

Terry McAuliffe’s main claim to fame is his role as a flamboyant political fundraiser.  In his autobiography, he refers to himself as a “hustler” and has bragged that he will “stop at nothing to get a check from you.”  McAuliffe has raised hundreds of millions of dollars for liberal candidates and the Democratic Party and has been entangled in various campaign finance investigations.

As fundraiser-in-chief for the Clintons, McAuliffe literally wrote the memo on how to trade donations for access to the President.  He’s been called the “booking agent” for wealthy donors who wished to spend the night in the White House’s Lincoln Bedroom during the Clinton Administration.

A Businessman?

Amassing a large personal fortune as a political wheeler-dealer, McAuliffe used his various positions to raise funds for politicians and to expand his political network.  There is no line between personal business deals and politics for McAuliffe.  He once said “if the worst thing you say about me is ‘Terry McAuliffe has done business with people he’s met through politics,’ so be it.  I plead guilty.”

McAuliffe’s litany of politically connected businesses started with his failed tenure as Chairman of Federal City National Bank, which had a cozy relationship with prominent liberal politicians, including a controversial unsecured loan to Congressman Dick Gephardt’s 1988 presidential campaign.  The bank was cited by federal bank examiners for “unsafe and unsound banking practices” which led to a regulator crackdown and its eventual sale.

Some argue that the worst example of McAuliffe’s politically-driven business career is his role as a consultant to  Global Crossing CEO Gary Winnick.  McAuliffe made a $100,000 investment in the company while setting up golf games between President Bill Clinton and Winnick.  Yet, Global Crossing was on the path to failure.  The company filed for bankruptcy, 10,000 workers lost their jobs, and billions in pensions and retirement savings evaporated.  McAuliffe, labeled a “Winnick crony,” however, managed to make a handsome $8 million windfall off of his $100,000 investment.  Meanwhile, Global Crossing’s bankruptcy would be compared to the debacle of energy giant Enron, and Winnick and Global Crossing would be the subject of FBI and SEC investigations.

Read more about “Fast Terry” HERE.

TV air times HERE.

Watch the 30 minute “Fast Terry” Full Documentary HERE.

Order the Documentary @ $3.99 or 2 for $5.99 (free shipping) HERE, to share with those who think we need a Lying Progressive as Governor of Virginia.

 

 

 

 

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