Meg Whitman - Eco-Schizophrenia or Flip-Flopper?

By Sgt. York | 11/08/09 | 06:42 PM EDT | 1 Comment

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Does Meg Whitman know what Meg Whitman believes?  She thinks that AB 32 is not well thought out and needs to be stopped.  Yet, she gives $100,000 to an organization that believes AB 32 does NOT go far enough.

Van Jones. Remember him - Whitman is a "Huge Fan" of his. I guess she is a "Huge Fan" of the Environmental Defense Fund - a co-plantiff in the lawsuit that created 40% unemployment in the Southern Central Valley.

That's right - the people who think the Delta Smelt are more important than the livelihoods of farm workers (legal or not, including CD-11 Candidate Brad Goehring's employees)... and those of us that buy food, and all the farmer's whose livelihoods have been destroyed.

Enter the Article in the San Jose Mercury-News.

"The Griffith R. Harsh IV and Margaret C. Whitman Charitable Foundation in 2007 contributed $100,000 to the Environmental Defense Fund, which is now at odds with Whitman over water policy. The foundation also invested $3 million in hedge funds based in the Cayman Islands — a Caribbean tax haven that's been tthe subject of political controversy."

Let's See... Stock Spinning, Stock Dumping, and now off-shore investments in the Cayman Islands. Nice. I'd lose my securities license if I ever had knowingly had clients send their money there.

"The foundation has operated lawfully, and many tax and foundation experts say it's not unusual for young foundations to give away little in their infancy. But Whitman's foundation will face a stiff penalty if it didn't give away far more money in 2008. Those tax returns are due next week, and Whitman aides Friday would not comment on what they will show."

"aides... would not comment". For those of you counting at home - that's about the 1,000th time we have seen that one. I predict an over/under of 3500.

"When you're a billionaire, you will do things with money that don't look so good when you're a political candidate," said John Pitney, a government and politics professor at Claremont McKenna College. "Even if they're totally ethical and lawful, they can still be embarrassing."

He added: "Anytime you mention large sums of money and the Cayman Islands in the same sentence, political eyebrows will go up."

Ethical? I could lose my securities license for having the Cayman Islands in my vocabulary.

"Tucker Bounds, Whitman's assistant campaign manager, was quick to note that many charitable foundations — even ttop-rated universities such as Stanford — invest in offshore hedge funds."

Leadership is being above reproach - not doing what everyone else does. Remember - Mark McGwire used substances that were legal while he was playing - but they were later banned... and he may never enter the Hall of Fame.

"Poizner, the state insurance commissioner who made a fortune as a Silicon Valley entrepreneur, has no exotic investments in his charitable fund and has given thousands of dollars to schools with disadvantaged children..."

"Barbara O'Connor, director of the Institute for the Study of Politics and Media at California State University-Sacramento, calls such tax documents a window into the candidates' value systems. And she argues that if "there's a big shift in that value system" as someone moves from business person to politician, "then it's reasonable to question the shift."

Thank you Professor O'Connor - I am. $100K to an extremeist environmentalist organization coupled with Whitman's Macaca moment has me wondering if she is to the left of Jerry Brown on the environment.

It sounds like Meg needs to Meet Meg.

"In the case of Whitman and Poizner, exposing the details of the charitable trust documents will probably lead to calls to release their personal tax returns."

"It's something worth considering," Bounds said. Poizner spokesman Jarrod Agen said, "We'd be open to it."

"But it's the $100,000 to the Environmental Defense Fund's Center for California Rivers and Deltas that likely will raise the most eyebrows. That's because one of the first public positions Whitman took as a candidate was in direct contradiction to EDF's efforts to save the delta smelt and other endangered fish. In June, she called for increasing pumping from the environmentally fragile Sacramento-San Joaquin River Delta to help drought-stricken farmers in the Central Valley. Bounds denied that the contribution to the Environmental Defense Fund was inconsistent with her water or environmental policy. "Meg has been the only candidate consistently on the side of jobs, people and common-sense resource policies," he said."


She is a Huge Fan of H1-B Visas and Van Jones. (Who she met on a Cruise to Alaska to discuss climate change.) If that is job development - then I must have eaten a special Brownie with my lunch.

"The foundation's tax returns also show $3 million invested in Cayman Island hedge funds and $1 million in another fund in Ireland."

"If I were her investment adviser, I would have told her to avoid the offshore investment until she had figured out her political future," said Morris, the accountant. At the same time, he said, observers shouldn't be too quick "to make the leap from international investments to clandestine international activities."

"The Caymans have been a target of politicians in recent years. U.S. Sen. Carl Levin, D-Mich., and Rep. Lloyd Doggett, D-Texas, recently introduced legislation seeking to rein in tax shelters in places such as the Caymans."


Here's the problem - this hedge-fund business when combined with her $1.4 Million profit from Stock Spinning, dumping $35 Million of EBay Stock before quitting (and EBay's shareprice is a fraction now of what it was then) and now the revelation that her foundation is sheltering money in the Caymans continues a disturbing pattern.

Here's Problem number two - Whitman's stated stances on Environmental-Related Policy are scary enough. But when you add her admiration for Van Jones, her choice of vacations and a check to an Environmental Foundation that is larger than my Annual Salary - it is another disturbing Pattern.

The same people that brought Dede Scozzafava to NY-23 (who endorsed the Dem after Republicans rejected her) are promoting Meg Whitman. It is the third disturbing pattern in this post.

Meg Whitman not ready for Prime-Time - the Governor's office is no place for self-discovery.

TAGS: Meg Whitman

 

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Meg Whitman is the Michael Huffington of 2010

I remember when Michael Huffington ran in 1994 and what a joke that was.

He was put on the ticket because he could bankroll a campaign and he lost then wondered away. He was roughly as rudderless as Whitman and he lost in 1994 - a year of the great ascendence of the GOP in the House and Senate. 

Whitman is an empty pant suit unless you support environmental extremeism and support global warming treaties with the "international community."

Submitted by Lucien Wilbanks on Tue, 11/10/09 - 01:23 AM » | Print
 

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