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Obama Was Early Investor In LightSquared, Refused To Establish Blind Trust
patdollard.com ^ | 9/19/2011 | Ed Morrissey Hot Air:

Posted on 09/19/2011 4:51:47 PM PDT by blueyon

Earlier this week, Eli Lake reported that the four-star Air Force general in charge of US Space Command told a Congressional panel that the White House pressured him to change his testimony to favor a company that shelled out donations for Democrats. LightSquared wants to press forward on a project that the military fears will create serious interference with GPS systems, and General William Shelton was going to address those concerns with Congress before the White House tried to push him into saying a few nice words on behalf of their sponsor. A reminder:

The four-star Air Force general who oversees U.S. Space Command walked into a highly secured room on Capitol Hill a week ago to give a classified briefing to lawmakers and staff, and dropped a surprise. Pressed by members, Gen. William Shelton said the White House tried to pressure him to change his testimony to make it more favorable to a company tied to a large Democratic donor.

According to officials familiar with the situation, Shelton’s prepared testimony was leaked in advance to the company. And the White House asked the general to alter the testimony to add two points: that the general supported the White House policy to add more broadband for commercial use; and that the Pentagon would try to resolve the questions around LightSquared with testing in just 90 days. Shelton chafed at the intervention, which seemed to soften the Pentagon’s position and might be viewed as helping the company as it tries to get the project launched, the officials said.

As it turns out, LightSquared is more than just a Democratic donor. The Lonely Conservative points us to a July 2011 article at The Huffington Post, in which it seems that Barack Obama himself has a personal interest in LightSquared:

(Excerpt) Read more at patdollard.com ...


TOPICS: Crime/Corruption; Front Page News; Government; News/Current Events; Politics/Elections
KEYWORDS: agenda; alyingwhat; anything4abuck; badpresident; barackclouds4america; blindtrust; campaignmoneyscam; cantaffordgasoline; corruption; dangertojetliners; fraud; govtabuse; insidertrading; justbuyanewhybrid; launderingcampaign; lightsquared; motherunmarried; obama; obamalies; pay2play; putittogether; screwsupgps; stimulas; threattomilitarygps; timetoimpeach; trustme; trustmekdaffy; youcantrustme
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Oh the smart "One' ain't so smart after all
1 posted on 09/19/2011 4:51:57 PM PDT by blueyon
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To: blueyon

So, when will impeachment begin? How many more crimes and misdemeanors do we all have to suffer through?


2 posted on 09/19/2011 4:54:13 PM PDT by SERKIT ("Blazing Saddles" explains it all......)
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To: blueyon

Greedy SOB. Insider trading, pay to play, suborning perjury, witness tampering. Maybe this extra stress will exacerbate his drinking problem and lead to a nervous breakdown.


3 posted on 09/19/2011 5:14:06 PM PDT by grumpygresh (Democrats delenda est)
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To: SERKIT
Short of getting caught by Rush Limbaugh with a smoking gun over a dead body, Obama has no impeachment fears.

Pity. A President instead of a tyrant would be worried.

4 posted on 09/19/2011 5:16:15 PM PDT by Jacquerie
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To: blueyon

This is the biggest scandal yet, IMO. At your link, there are WaPo articles and a HuffPo article that validate these claims. The irony is that those articles were written to show how “transparent” Barry was being. Turns out he may have profited massively from his own grants to LightSquared.

This is a big effing deal, says VP Biden.


5 posted on 09/19/2011 5:17:01 PM PDT by Carling (Sarah Palin Supported TARP Before She Was Against It)
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To: blueyon
Why do you make bombastic speeches like the one Obama gave today? To divert press coverage from stuff like this. $$$ for himself over National security. And this from the same guy spouting off over defending the Constitution today.

Where are you John Boehner?

6 posted on 09/19/2011 5:22:48 PM PDT by arkady_renko
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To: blueyon

Throw the F’r in JAIL!

Scumbag doesn’t even care what America thinks, he’s just going to do whatever the hell benefits him most.


7 posted on 09/19/2011 5:23:13 PM PDT by R0CK3T
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To: Jacquerie
Even under your circumstances, the POS POTUS would have an untold army of sycophants willing to lie through their teeth to protect his imperial majesty.

Impeachment? Maybe in a wet dream but not in this lifetime. The Dims would bluster and the Republicans would cower like the scared little children they are.

8 posted on 09/19/2011 5:29:15 PM PDT by cashless (Unlike Obama and his supporters, I'd rather be a TEA BAGGER than a TEA BAGGEE.)
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To: bronxville

ping


9 posted on 09/19/2011 5:31:39 PM PDT by randita (Obama - chains you can bereave in.)
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To: Jacquerie

I forgot to turn off the /rhetorical command in HTML, sorry.


10 posted on 09/19/2011 5:33:23 PM PDT by SERKIT ("Blazing Saddles" explains it all......)
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To: Carling

I was watching Fox News All-Stars and was interested to see that Kirsten Powers...an Obama/Democrat groupie...highlighted Lightsquared as the worst of the scandals even though it hasn’t gotten much coverage. My guess is that she knows some stuff that is going to hit.


11 posted on 09/19/2011 5:36:07 PM PDT by t2buckeye
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To: Carling

I was watching Fox News All-Stars and was interested to see that Kirsten Powers...an Obama/Democrat groupie...highlighted Lightsquared as the worst of the scandals even though it hasn’t gotten much coverage. My guess is that she knows some stuff that is going to hit.


12 posted on 09/19/2011 5:36:14 PM PDT by t2buckeye
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To: SERKIT

“How many more crimes and misdemeanors do we all have to suffer through?”

All of them... his skin color makes him immune.

LLS


13 posted on 09/19/2011 5:37:32 PM PDT by LibLieSlayer (Is the person that you support a Crony Capitalist... A.K.A. CRAPITALIST?)
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To: blueyon

The messiah doesn’t have to obey ANY rules or laws.


14 posted on 09/19/2011 5:42:30 PM PDT by Ann Archy ( ABORTION...the HUMAN Sacrifice to the god of Convenience.)
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To: LibLieSlayer
Exactly, the dream is dead. Hello the new American nightmare ushered in by the compassion fascists!
15 posted on 09/19/2011 5:45:22 PM PDT by smaug6 (We can't afford to be innocent!! Stand up and face the enemy.)
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To: LibLieSlayer
Exactly, the dream is dead. Hello the new American nightmare ushered in by the compassion fascists!
16 posted on 09/19/2011 5:45:30 PM PDT by smaug6 (We can't afford to be innocent!! Stand up and face the enemy.)
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To: LibLieSlayer
Exactly, the dream is dead. Hello the new American nightmare ushered in by the compassion fascists!
17 posted on 09/19/2011 5:45:38 PM PDT by smaug6 (We can't afford to be innocent!! Stand up and face the enemy.)
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To: randita

Thanks randita. This is HUGE. Where the heck is the media...no answer required.


18 posted on 09/19/2011 5:46:50 PM PDT by bronxville (Sarah will be the first American female president.)
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To: Jacquerie

Bush did set up a blind trust, of course, and even so the press was always poring over his finances, looking for any scrap they could get. And here’s Obama, blatantly profiting from his office, and the press merely looks away politely.


19 posted on 09/19/2011 5:47:17 PM PDT by livius
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To: blueyon; bronxville

Some further information:

Donald Gips

http://www.npr.org/blogs/itsallpolitics/2011/06/15/137200601/report-obamas-big-money-raisers-get-key-posts-access-contracts

From link above: Some Obama bundlers have ties to companies that stand to gain financially from the president’s policy agenda, particularly in clean energy and telecommunications, and some already have done so. Level 3 Communications, for instance, snared $13.8 million in stimulus money. At least 18 other bundlers have ties to businesses poised to profit from government spending to promote clean energy, telecommunications and other key administration priorities.

Public Citizen in 2008 found that George W. Bush had appointed about 200 bundlers to administration posts over his eight years in office. That is roughly the same number Obama has appointed in little more than two years, the iWatch News analysis showed.

http://www.upi.com/Top_News/US/2011/06/15/Obama-donors-get-plum-jobs-contracts/UPI-37091308175322/

From link above: One of Obama’s top “bundlers,” Colorado telecom executive Donald Gips, delivered more than $500,000 from himself and others, and two colleagues reaped at least $150,000 more.
Gips was put in charge of hiring in the White House, placing supporters and fundraisers in many posts.
A few months later, Obama named him ambassador to South Africa, and his firm, Level 3 Communications, got millions of dollars of stimulus contracts for broadband projects.

George W. Haywood

http://www.nytimes.com/2007/03/07/us/politics/07cnd-obama.html


20 posted on 09/19/2011 5:47:17 PM PDT by randita (Obama - chains you can bereave in.)
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To: randita; blueyon

Major Democratic donor Philip Falcone runs an investment fund that is majority owner of the company.

It turns out the company also runs an ads at Think Progress, a website run by the liberal Center for American Progress.
http://campaign2012.washingtonexaminer.com/blogs/beltway-confidential/lightsquared-advertises-think-progress

American Progress keeps showing up.
http://www.freerepublic.com/focus/f-news/2779904/posts


21 posted on 09/19/2011 5:52:57 PM PDT by bronxville (Sarah will be the first American female president.)
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To: bronxville
Where the heck is the media...no answer required.

Just imagine the furore if Bush or Cheney had "refused" to establish a blind trust.

Indeed, recall the furore over Cheney converting his contracted severance payment from Halliburton into an insurance policy -- all straight up and designed a.) to get him his due, while b.) removing him totally from any hint of conflict of interest.

"Refused" to establish a blind trust???!!! Wow! Abject corruption right out in the open. This must be the "Chicago Way"...

22 posted on 09/19/2011 5:53:48 PM PDT by okie01 (THE MAINSTREAM MEDIA: Ignorance On Parade)
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To: randita

Pay for Play. The NYSlimes, NPR, UPI, there’s hope for us yet. Great info...I’m sure the Clinton team got a windfall.


23 posted on 09/19/2011 5:58:25 PM PDT by bronxville (Sarah will be the first American female president.)
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To: okie01

The Chicago and the Clinton way. I think they’re running the show. Dufus couldn’t plan something like this...it was definitely preplanned.


24 posted on 09/19/2011 6:06:08 PM PDT by bronxville (Sarah will be the first American female president.)
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To: blueyon
2012 Campaign Begins


25 posted on 09/19/2011 6:07:45 PM PDT by clearcarbon
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To: blueyon

No wonder the Chicago Tribune threw Obama under the bus this morning.

Maybe Rahm wants to run for emperor after deposing his bath house buddy for high crimes and misdemeanors.


26 posted on 09/19/2011 6:13:01 PM PDT by FlyingEagle
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To: smaug6

You can say that again! ;-)

LLS


27 posted on 09/19/2011 6:18:56 PM PDT by LibLieSlayer (Is the person that you support a Crony Capitalist... A.K.A. CRAPITALIST?)
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To: clearcarbon

Love it


28 posted on 09/19/2011 6:26:53 PM PDT by blueyon (The U. S. Constitution - read it and weep)
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To: blueyon
This happening to Bush or Cheney would have had them bounced out of office in under 2 months.
29 posted on 09/19/2011 6:27:23 PM PDT by The Cajun (Palin, Free Republic, Mark Levin, Rush, Hannity......Nuff said.)
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To: blueyon
LightSquared wants to press forward on a project that the military fears will create serious interference with GPS systems, and General William Shelton was going to address those concerns with Congress before the White House tried to push him into saying a few nice words on behalf of their sponsor.

Anything for a profit regardless of the collateral damage. Isn't this what socialists/communists claim capitalists believe?

These idiots remind me of a cartoon character sawing off the branch between themself and the tree.

Do they believe themselves insulated from the consequences of their actions?

30 posted on 09/19/2011 6:33:02 PM PDT by Grizzled Bear (No More RINOs!!!)
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To: bronxville

There’s a lot out there on the Center for American Progress. Beck has been on this group for a while.

http://www.undueinfluence.com/cap.htm


31 posted on 09/19/2011 7:02:07 PM PDT by randita (Obama - chains you can bereave in.)
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To: blueyon

More Crony Capitalism for Sarah P’s ammo locker.


32 posted on 09/19/2011 7:10:50 PM PDT by 1066AD
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To: Jacquerie
“A President instead of a tyrant would be worried.”

He wouldn't be so blasé except that he knows he will not be replaced. He will either win by voter fraud or create a situation whereby he can declare martial law.

33 posted on 09/19/2011 7:20:47 PM PDT by chooseascreennamepat (I have a liberal arts degree, do you want fries with that?)
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To: blueyon

Has he really refused to set up a blind trust? Anybody got links to support that?


34 posted on 09/19/2011 7:31:58 PM PDT by Ramius (personally, I give us... one chance in three. More tea?)
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To: LibLieSlayer
his skin color makes him immune.

No it does not. Why repeat what the liberals/media wants you to believe and speak.
35 posted on 09/19/2011 7:59:31 PM PDT by presently no screen name
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To: clearcarbon

That’s good!!


36 posted on 09/19/2011 8:02:35 PM PDT by presently no screen name
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To: bronxville

Where are our elected officials? They should be calling for impeachment pronto! We can’t and shouldn’t expect the commie media to do anything FOR America!


37 posted on 09/19/2011 8:14:49 PM PDT by presently no screen name
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To: blueyon

We (conservatives) could never catch this “Chicago Way” type of action... It’s above our pay level. When cops get big drug busts - nine times out of ten a rival gang has spoon fed the information to authorities. Who’s behind all of this Obama expose stuff?


38 posted on 09/19/2011 8:24:07 PM PDT by GOPJ (126 people were indicted for being terrorists in the last two years. Every one of them was Muslim.)
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To: SERKIT

...................So, when will impeachment begin?...............

Never!

Unfortunately, he’s black, thus untouchable, lest there be riots on “main street”!

Nobody even has the balls to call him on his totally bogus “birth certificate”: how are they going to call him on Lightsquared; Solyndria; fast/furious, or any of the other scams going on in his “government”.!

Scum, just total scum!


39 posted on 09/19/2011 8:33:29 PM PDT by Noob1999
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To: GOPJ
Who’s behind all of this Obama expose stuff?

Really good question.

I'd wager that at least some of it is coming from leaks in the Congressional Committees investigating Fast & Furious and Solyndra.

The 'Pubbies seem to have finally realized how to get the media interested in 'Rat scandals -- spoon-feeding them tantalizing tidbits.

Of course, six months ago, the media couldn't be bothered to print and publicize such leaks. Now, they've decided to pile on. And somebody else is running a much larger leak machine, using information the investigating committees wouldn't necessarily have.

Somebody, some group, on the left has decided to feed Obama to the jackals. It might even be the somebody -- or group -- that was running him...

40 posted on 09/19/2011 8:38:35 PM PDT by okie01 (THE MAINSTREAM MEDIA: Ignorance On Parade)
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To: GOPJ
When cops get big drug busts - nine times out of ten a rival gang has spoon fed the information to authorities. Who’s behind all of this Obama expose stuff?

I believe that heavies in his own party are behind it. They've gotta be careful, though. They've all got dirty hands.

41 posted on 09/19/2011 9:06:20 PM PDT by Windflier (To anger a conservative, tell him a lie. To anger a liberal, tell him the truth.)
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To: okie01

“And somebody else is running a much larger leak machine, using information the investigating committees wouldn’t necessarily have. “

just looking at the known players, and the ulsterman insider, I suspect the leak is from the clinton camp. NOTHING that has come out is damaging to her, and how many power players/factions are there that can do this for so long and still be alive/intact?


42 posted on 09/19/2011 11:29:30 PM PDT by WoofDog123
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To: grumpygresh

BINGO grumpy!! A clear case of corruption warranting impeachment...

JC


43 posted on 09/20/2011 12:46:43 AM PDT by cracker45
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To: grumpygresh

“Maybe this extra stress will exacerbate his drinking problem and lead to a nervous breakdown.”

Or maybe it will exacerbate OUR drinking problems and lead to nervous breakdowns!!!


44 posted on 09/20/2011 4:23:59 AM PDT by ilovesarah2012
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To: SERKIT
So, when will impeachment begin? How many more crimes and misdemeanors do we all have to suffer through?

Oh, surely not, not over a tiny little technical issue like this. 'Twas but an iddy biddy buu-buu, how was Barky to know he had a phat wager down on Light Squared in his personal portfolio? And even if he did, it 'twasn't like the evil Martha Stewart or anything.

Barky be righteous, he represents the Peepul!

45 posted on 09/20/2011 4:31:05 AM PDT by lentulusgracchus (Concealed carry is a pro-life position.)
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To: Windflier
I believe that heavies in his own party are behind it.

Is that a catty reference to Her Thighness? For shame!

Her cankles be upon you!

46 posted on 09/20/2011 4:32:57 AM PDT by lentulusgracchus (Concealed carry is a pro-life position.)
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To: Windflier
They've gotta be careful, though. They've all got dirty hands.

What, after the blue dress episode? They're bulletproof by now .... just about.

Speaking of bulletproof, remind me how to spell "Arkancide".

47 posted on 09/20/2011 4:35:45 AM PDT by lentulusgracchus (Concealed carry is a pro-life position.)
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To: blueyon

BTTT - should be breaking. IMHO


48 posted on 09/20/2011 4:36:42 AM PDT by jersey117
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To: lentulusgracchus
remind me how to spell "Arkancide".

It's been a while hasn't it? But something tells me those days are coming back.

I don't mean the Clintons getting back in office, heaven forfend. Just the sleazy political murders to stop up leaks and remove awkward people.

49 posted on 09/20/2011 6:15:04 AM PDT by agere_contra ("Debt is the foundation of destruction" : Sarah Palin.)
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To: agere_contra

BTTT


50 posted on 09/20/2011 6:15:58 AM PDT by jersey117
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