Friday, September 16, 2011

New Obama Scandal Breaking

LightSquared: Another Solyndra? A pattern of providing White House support to favored companies — at taxpayer risk — is emerging.
In this case, the company owner happens to be a big Democratic Party donor. And in the pursuit of giving preference to a specific company, the White House undercut a legendary four-star general and potentially undermined U.S. national security. Adding fuel to the explosive story: at one time President Obama was a personal investor, with $50,000 of his own money.

The company? It’s called LightSquared. And you’re likely to hear more about it in the future. The scandal involves the White House overruling the Pentagon, endangering the American GPS commercial marketplace, and playing favorites to a single company — all to please a well-positioned Democratic donor and advance an Obama pet project.

A disturbing report yesterday by Eli Lake at the Daily Beast charges that the White House pressured U.S. Air Force General William Shelton, commander of the U.S. Space Command, to change his testimony about his opposition to a $14 billion LightSquared wireless internet project. The Space Command and Gen. Shelton warned that LightSquared could cripple the Pentagon’s Global Positioning System (GPS). Lake writes that the White House took sides in favor of LightSquared and against the Pentagon:

Shelton’s prepared testimony was leaked in advance to the company. And the White House asked the general to alter the testimony.

Other commercial industry figures agreed that the new wireless system could interfere with aviation safety, disrupt military and rescue operations, and interfere with high-tech farming equipment and consumer navigation devices.
The fact that Obama has invested his own money into this company makes the scandal all the more revolting. This man has absolutely ZERO respect for the office of the Presidency. Zero, Zip, Nada.

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