Posted on 09/17/2011 9:12:46 PM PDT by BAW
Presidents put their investments into blind trusts when they take office in order to avoid the appearance of conflicts of interest. Well, most modern Presidents do, anyway. It seems that Obama considers himself an exception to this rule, or at the very least he did until April 2010. The Washington Post’s Michael Shear reported at that time that Obama had refused to establish a blind trust . . . snip
. . . The records are not on line, but the White House website does have a request page, which promises to send a PDF of the financial disclosure forms quickly. I’ve requested a copy and will check to see whether Obama still holds any position with LightSquared. I’m going to guess no, only because it appears from Shear’s article that Obama converted most of his holdings into bonds in order to avoid the blind trust.
However, as the HuffPo report notes, that’s not the only problem in this scenario. It’s clear that even if Obama divested himself of LightSquared at some point, he has remained close to the other investors. If the White House pressured Shelton in order to benefit these investors, then we need to find out whether Obama gave that order himself on behalf of his cronies.
(Excerpt) Read more at hotair.com ...
Didn't know Zero didn't have a blind trust for his investments. And, didn't know he once had an interest in LightSquared.
Can this White House get any dirtier????
Again the rank hypocisy of the MSM is appalling.....if this was a Bush issue...every print and electronic media would be all over it 24/7
You can take Moochelle and Barry out of Chicago but you can’t take Chicago out of Moochelle and Barry
It looks to me like it’s high time for Eric the Bigot to appoint a special prosector on a whole host of stinks like a damn skunk coming from this cess pool of a white house...
or a Cheney issue
How many years did we get subjected to yaps about “Halliburton”
IIRC, Hillary and Bill used the military staff as servants and bellboys, so why would it shock anyone if this couple are even worse?
See this link to review the results of the tests the military conducted together with commercial interests. The technology will essentially destroy the GPS capability we have come to rely on these past few years. It's impacts will be felt in all areas of commerce and public safety.
Agreed!
The fact that this douchebag hasn’t been fired already tells us that he’s on the take BIG TIME.
All of a sudden I hear Steve Miller singing...
Go on, take the money and run.......
Think I’ll head on over to youtube.
Anyone remember Global Crossing?
There was an article posted here a few days ago about LightSqaured and it mentioned that when Obama got the proceeds from his book “Dreams....” he wanted to make some investments, so he took $50,000 and put it into LightSquared.
First, I would like to know why he chose them.
Second, it never mentioned when he cashed out.
Third, it never mentioned his relationship with them.
Yes, we had to endure the “Halliburton” lie for 8 years.....where are they now?
The Teapot Dome Scandal was microscopic in comparison.
Nothing to see here. Just move along...
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