Several sources on this -- this is a condensed version with good links -- I didn't link in the links --- Links added
If you are unfamiliar with the LightSquared scandal, see my earlier post. The Obama administration pressured an Air Force general to alter his testimony in order to downplay the havoc the company's signals could wreak on military GPS systems. We knew that some of President Obama's donors are invested in LightSquared. What we didn't know (or at least I didn't) is that Obama himself was a LightSquared investor. But don't take my word for it, this was published at the Huffington Post, hardly a news outlet that should fear being referred to Attack Watch.
Obama himself was an early investor and came to the presidency a firm believer in expanding broadband. He remains close to other early investors, like Gips and investment manager George W. Haywood, inviting some to luxe social events at the White House and more intimate gatherings like a night of poker and beer.
Obama installed one of his biggest fundraisers, Julius Genachowski, a campaign "bundler" and broadband cheerleader, as chairman of the FCC, whose staff granted LightSquared a special waiver to operate.
Well, isn't that interesting? Bending the rules to enrich his friends and donors, and himself personally, at the expense of unsuspecting travelers and the United States military! But not to worry, LightSquared officials tell us no government officials stand to benefit financially. But since their books are closed I guess we just have to take them at their word.
(Via Human Events, via Unified Patriots)
Update: The plot thickens. Ed Morrissey linked, and added another little tidbit of information you probably were unaware of. Most presidents put their investments into blind trusts when taking office to avoid the appearance of conflicts of interest. President Obama didnt do that, in the name of transparency of course. Hes so transparent you have to request his financial disclosure forms, which Ed has done. Well see if he gets a response.
#1
Ed will get a response all right - a personal place on "Attack Watch" all his own! We really need to get rid of O'Bumble yesterday. I'm also ready to get rid of half or more of the Rethuglycons and 99.25% of the Dummycheats at the same time. We need a house-cleaning - down to the GS-5 level. It's the only way to rescue our nation.
Posted by: Old Patriot ||
09/17/2011 17:31 Comments ||
Top||
A multi-volume chronology and reference guide set detailing three years of the Mexican Drug War between 2010 and 2012.
Rantburg.com and borderlandbeat.com correspondent and author Chris Covert presents his first non-fiction work detailing
the drug and gang related violence in Mexico.
Chris gives us Mexican press dispatches of drug and gang war violence
over three years, presented in a multi volume set intended to chronicle the death, violence and mayhem which has
dominated Mexico for six years.
Rantburg was assembled from recycled algorithms in the United States of America. No
trees were destroyed in the production of this weblog. We did hurt some, though. Sorry.
