Stop the Press: Terry Mcauliffe
“I thought I knew Terry McAuliffe as well as anyone, but this time he surprised even me.
Terry McAuliffe, On a Mission. While chairman of the DNC, Terry McAuliffe raised over $535 million dollars, shattering all previous records for funds raised by either party. Terry McAuliffe Career Terry McAuliffe served as Chairman of the Federal City National Bank by the age of 3 After graduating from Catholic University, Terry McAuliffe served as the finance chairman of the Carter-Mondale reelection committee. Pressing state chairmen to give up exclusive control of their voter lists, Terry McAuliffe invested millions in a new headquarters, gambling that the party could mount a challenge to the wealthy GOP and its peerless fundraising efforts. In one deal, McAuliffe and the pension fund partnered to buy commercial property in Florida, with Terry McAuliffe investing $100 while the pension fund put up $39 million.
He served as chairman of the Democratic National Committee from 2001″0 He was the chairman of the Hillary Clinton for President committee.
During the 1988 presidential campaign, he served as finance chairman for Dick Gephardt.
McAuliffe also founded the “Something New” program, an initiative to mobilize younger voters. In February 2001, McAuliffe was elected as the chairman of the DNC. McAuliffe served as Chairman of the Federal City National Bank by the age of 3 McAuliffe lives in McLean, Virginia, with his wife Dorothy and five children. As a former party chairman, McAuliffe was one of the roughly 796 superdelegates to the 2008 Democratic National Convention. In 2008, media reports indicated that McAuliffe was considering a run for Governor of Virginia in 200 On November 10, 2008, McAuliffe announced that he was forming an exploratory committee to run for Governor of Virginia.
After the campaign, McAuliffe enrolled in law school at Georgetown University. He received a Juris Doctor degree in 198
In February 2001, McAuliffe was elected as the chairman of the DNC.
McAuliffe first gained attention in the presidential election of 1980, wrestling an alligator on a fundraising prospect’s dare. While many assumed the 2002 McCain-Feingold law would gut the Democratic Party, the party has decisively broken all “hard money” fundraising records , eliminated debt and built a donor base that could potentially power the party for years with McAuliffe at the helm. During the three-week-long trial, Sullivan testified that McAuliffe had said that if a Democratic donor made a large contribution to the Carey campaign, then the Teamsters would contribute at least $500,000 to various Democratic Party committees.
“I’m not involved in any campaigns.”
Investigators want to know why McAuliffe got what look like very sweet deals. The outrage fueled demands that McAuliffe resign after the party lost House and Senate seats in the 2002 election.
A campaign that had already been taking on the aura of inevitability suddenly surged forward and was reflected in a fresh round of polls showing an ever-growing gap between Clinton and the competition. McAuliffe said that after passage of the McCain-Feingold campaign finance law that prevented the parties from raising and spending unregulated “soft money” from corporations, unions and wealthy individuals, many “wrote off” the Democratic Party. Crackpot allegations from the Begala school of broadcasting sure don’t help the Kerry campaign, so you have to wonder about the Manchurian Chairman theory, though I think the evidence supports the much more simple proposition that McAuliffe is a world-class fool with too much money and powerful friends who didn’t think about the Peter Principle until it was too late.
BOSTON, July 25 - On Monday night, Terence R. McAuliffe’s party will hail him as a hero, the first Democratic chairman in decades to put the party on secure financial footing - with an unheard-of $70 million in the bank - and on the cutting edge of high-tech politics. Under Chairman McAuliffe’s tenure, for the first time in Democratic Party history, the DNC was debt free and out-raised the RNC. Rick Perlstein, in his book review of McAuliffe’s memoir, What a Party!, wrote that McAuliffe’s involvement with Global Crossing compromised McAuliffe’s ability to attack Republican ties to the Enron scandal during the 2002 midterm congressional elections. Frank Rich of The New York Times contrasted McAuliffe’s characterization of Enron as “a web of greed and deceit” with Mcauliffe’s defense of his investment in Global Crossing.
Now, as DNC chairman, McAuliffe has become the champion of the direct-mail and Internet small giver. McAuliffe has long been a candidate message-killer ‘ so much so that the anti-Clinton wing of the Dems suspects he’s programmed to take down anyone who gets in the way of Hillary’s potential run in ‘0 McAuliffe is to politics what MTV is to Superbowl halftime shows: Low, tacky, and a failure.
