Libtards from all over the country are targeting North Carolina’s 9th Congressional District. Tom Steyer, a California billionaire and crony capitalist, pledged $1 million to flip this patriotic bastion into Nancy Pelosi’s back pocket.
He’s not alone. Local businessmen are also plotting to turn the 9th into a progressive fiefdom. Scion, Tim Belk; venture capitalist, Ric Elias; big banker, Hugh McColl Jr. and political grifter, Erskine Bowles have found a viable stalking horse for the Democratic Party: a 34 year old no one has ever heard of before. A young man named Dan McCready.
Who is Dan McCready? Where did he come from? And how in the hell did he get this kind of financial backing from the aforementioned luminaries?
What we do know is this Democratic nominee served in the Marine Corps and graduated from Harvard. He also co-owns a solar panel company called Double Time; but the finances are nebulous if not outright questionable. Here is an excerpt from Business North Carolina that should raise some red flags:
With Harvard and big-company backgrounds, McCready and Barcott knew people whose substantial incomes made solar investments attractive. Rogers, who left Duke in mid-2013, helped the duo make connections and became an adviser. Still, raising money was no snap. It took about 1,000 meetings with investors to raise their first fund of $8 million.
“Many of our investors were initially skeptical because they had heard of industry failures such as [California-based solar-panel maker Solyndra],” McCready says. “Everyone said that you can’t build an investment firm without investing experience. But we didn’t know any better.”
Who is Dan McCready? Where did he come from? And how in the hell did he get this kind of financial backing from the aforementioned luminaries?
What we do know is this Democratic nominee served in the Marine Corps and graduated from Harvard. He also co-owns a solar panel company called Double Time; but the finances are nebulous if not outright questionable. Here is an excerpt from Business North Carolina that should raise some red flags:
With Harvard and big-company backgrounds, McCready and Barcott knew people whose substantial incomes made solar investments attractive. Rogers, who left Duke in mid-2013, helped the duo make connections and became an adviser. Still, raising money was no snap. It took about 1,000 meetings with investors to raise their first fund of $8 million.
“Many of our investors were initially skeptical because they had heard of industry failures such as [California-based solar-panel maker Solyndra],” McCready says. “Everyone said that you can’t build an investment firm without investing experience. But we didn’t know any better.”
Once word spread, the money chase got easier. Double Time eventually collected about $80 million that has been invested in 36 projects across North Carolina, much of it in slow-growth rural areas. While several institutions including Prudential Financial Inc. put money into the company, most investors are individuals, McCready says.
McCready won’t share financial details, but Double Time’s initial funds have met their projections, according to two sources familiar with the company who asked to remain anonymous.
Can’t share financial details? Sources who asked to remain anonymous? What the hell is this? I can say without hesitation the whole green energy industry couldn’t exist without tax credits and government subsidies. The simple fact that McCready and his partner moved on to new ventures after North Carolina disbanded its solar energy policies should also raise red flags despite their assertions to the contrary. Here is another tell from Business North Carolina:
Double Time still manages its existing investments, which include some nonsolar businesses such as Raleigh-based WasteZero, which advises municipalities on reducing trash, and Lyft, the San Francisco-based ride-hailing company. But McCready and Barcott have moved on to new challenges, a decision unrelated to the end of state tax credits. Barcott formed With Honor, a nonprofit that encourages military veterans to run for political office as centrist candidates. McCready, 34, is heeding that call, running this year as a Democrat for the U.S. Congress in a district held by Republicans for more than 60 years.
These two know where the real money is at and that’s politics.
So, who is Dan McCready? Is he a patriot or a political grifter? I’m banking on the latter.
Source:
http://www.charlotteobserver.com/news/politics-government/election/article209097664.html
http://businessnc.com/solar-investing-war-experience-spur-mccreadys-political-career/
No comments:
Post a Comment