No? Okay then. Well, we pick up where we last saw the Washington Post, in a spiralling downfall. Today's story consists of good old Terry McAuliffe (wonder who he is). They tried to go through the mess that's surrounding his old business record. While acknowledging that the many things said about McAuliffe and his record, well, just read it for yourself.
From The Washington Post:
TUNICA, Miss. — Drive south from Memphis toward the cradle of American blues, and you come upon a landscape of dusty cotton fields and small towns dotted with yard sales and loan stores.
Just off the legendary Highway 61, where crop-dusters perform acrobatics above billboards for Mississippi Delta casinos, is the place where Virginia gubernatorial candidate Terry McAuliffe pledged to build a $60 million factory for his electric-car company. On a recent summer day, a bird was skittering over patches of weedy gravel at the vacant site of what is supposed to be GreenTech Automotive’s future plant.
In Horn Lake, Miss., GreenTech runs a temporary assembly plant in an old elevator factory. There, fewer than 100 workers are producing no more than one car every two or three days, according to current and former company employees.
What is happening in these spots in rural Mississippi has become an issue in the Virginia governor’s race.
McAuliffe, a Democrat who has never held elective office, tells voters that they should choose him because of his entrepreneurship and experience creating jobs. His Republican opponent, state Attorney General Ken Cuccinelli II, points to GreenTech and counters that McAuliffe has broken his promises on job creation.
After losing the 2009 Democratic primary for governor, McAuliffe set out to establish a “green” car company in Virginia, using political connections and his well-honed salesmanship skills to get the venture off the ground. In 2010, the former Democratic National Committee chairman spent $20 million to buy EuAuto Technology, a Hong Kong-based company that built the MyCar, and he was already scouting for possible locations — ideally with government incentives — to build a plant in the United States.
While Virginia officials were still scrutinizing GreenTech’s business model, the company received millions of dollars in incentives from Mississippi and began operations there. Questions about the company have dogged McAuliffe since his current gubernatorial campaign began.
McAuliffe and company officials defend GreenTech’s progress, saying all start-up companies struggle at first.
“I started my first business at 14,” McAuliffe said during a brief interview at a recent campaign event. “You have ups and downs in businesses. But I have been in the arena, trying innovative new concepts to create 21st-century jobs, and, generally, I think most people will tell you who start up small businesses, they generally take longer than you’d hope for. But that’s part of business.”
McAuliffe’s co-founder, Xiaolin “Charles” Wang, said in an interview that GreenTech should be judged over a longer period. “This is a small, tiny start-up,” Wang said. “It is hard to start a business. It is even harder to start a car business, especially in an economic crisis.”
But Cuccinelli seldom misses a chance to razz McAuliffe about GreenTech’s troubles.
Last month, on the one-year anniversary of the company’s celebratory product launch in Mississippi, Cuccinelli held a campaign event on a vacant industrial site in Virginia’s Southside, where GreenTech had hoped to build.
To sum it all up, what they basically did was acknowledge the many things said by former employee's about the company. But, they don't acknowledge the part that it isn't a true business, but some scam to get money from foreign investors, then never really make a return.
They should have thought about watching 'Fast Terry' though. It may have helped them in their conquest to understand more on the situation. However, knowing the Washington Post, they wouldn't have even tried. They probably have it labeled under "Right Wing Lies".
