Tags: Mainstream | Media | Blackout | Democrat | Scandal

Mainstream Media Blackout of Democrat Scandal

Sunday, 03 February 2002 12:00 AM

And while, from his glass house, Democrat National Chairman Terry McAulliffe has been slamming Vice President Cheney for not turning over papers regarding energy advice he received from Enron and others, it turns out McAuliffe’s political connections enabled him to clean up on Global Crossing.

While employees and small shareholders (the "little people”) were left holding the bag, McAulliffe turned a $100,000 stock investment into $18 million.

"I don’t know anyone who turns an eighteen thousand percent profit,” radio talk show host Sean Hannity declared at the weekend wrap-up session of the annual Conservative Political Action Conference.

In answer to a direct question from NewsMax.com, Hannity rhetorically demanded of McAulliffe, "Why don’t you lead the way by your example? Give us your e-mails. Give us your memos. Give us your phone records about Global Crossing.”

"We all know,” the talkshow host continued, "that the head of Global Crossing is a guy named [Gary] Winnick who was introduced via Terry McAulliffe to Bill Clinton.”

Global Crossing, prior to becoming the fourth largest bankruptcy in history, had donated more money to the Democratic Party than Enron donated to the Republican Party.

The firm has given big bucks for example to Senate plurality Leader Tom Dascle, D.-S.D., and Rep. Henry Waxman, D.-Calif., two leading Democrats who have been very noisy about Enron.

To sustained applause from conference attendees Saturday, Hannity demanded to know of the Democrat chairman, "What did you know about stock prices and about [Global Crossing’s] business affairs? And when did you know it?”

Hannity, in fact, has locked horns directly with McAuliffe on Fox News Channel’s "Hannity and Colmes” TV show. Bill Clinton’s golfing buddy and hand-picked party chairman fielded Hannity’s direct questions with evasive answers, rolled eyes, and by saying "Big deal!”

The DNC boss added, "It’s capitalism. If you don’t like it, go to China or Cuba.” (Cuba? Didn’t his good friend’s administration assure us that was good enough for a little freedom-loving six year old refugee named Elian Gonzales?”)

On the TV show, Hannity’s liberal counterpart, Alan Colmes, ran interference for McAuliffe, leaving the conservative talkmeister dissatisfied and determined to pursue the matter further. At the weekend CPAC conference, he reiterated that vow.

McAuliffe has bemoaned the fact that the people hurt most by the Enron collapse "are the small people, and once again the wealthy interests got to take their money off the table, and that’s what we need to investigate.”

"Small” Global Crossing shareholders are asking if there will be an investigation of whether inside information from big Democrat campaign donors enabled McAuliffe to take a cool $18 million "off the table.”

© 2019 Newsmax. All rights reserved.

   
1Like our page
2Share
Pre-2008
And while, from his glass house, Democrat National Chairman Terry McAulliffe has been slamming Vice President Cheney for not turning over papers regarding energy advice he received from Enron and others, it turns out McAuliffe's political connections enabled him to clean up...
Mainstream,Media,Blackout,Democrat,Scandal
437
2002-00-03
Sunday, 03 February 2002 12:00 AM
Newsmax Media, Inc.
 

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
America's News Page
© Newsmax Media, Inc.
All Rights Reserved