He has channeled his connections with the Democrat Party to make millions, at the expense of jobs.
Terry McAuliffe’s role in a national controversy over an immigrant investor program to fund GreenTech, the Mississippi electric car company he founded, is only the latest chapter in the Democrat’s long history of mixing politics with his personal business interests.
It is a habit that may have benefited his pocket but could threaten his chances of moving into Virginia’s Executive Mansion next year.
McAuliffe tried to obtain EB-5 visas by using a financing company run by a brother of former Secretary of State Hillary Clinton.
The federal EB-5 immigration program allows foreigners who invest $500,000 into new enterprises in rural or struggling regions, or $1 million in new enterprises in any region, to receive U.S. residency if at least 10 full-time jobs are created within two years as a result of the investment.
McAuliffe repeatedly appealed to officials in the Department of Homeland Security, including Secretary Janet Napolitano, for help in getting visas for his company’s investors.
“Terry, like many business and political officials from both parties, was frustrated with the bureaucratic pace of the investment program,” McAuliffe spokesman Josh Schwerin said.
“There has been widespread frustration, and Terry was among those who expressed frustration with that bureaucracy when he and some colleagues, including counsel, met with Mr. Mayorkas, director of USCIS,” Schwerin said.
Obama has nominated Mayorkas for the No. 2 spot at the Department of Homeland Security.
Mayorkas is under investigation by the Homeland Security Inspector General’s Office for his role in helping Anthony Rodham’s company get approval for an investor visa after it had been turned down.
http://www.roanoke.com/news/politics/2134639-12/terry-mcauliffes-career-adds-controversy-to-longtime-mix.html