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Grassley Asks for FCC Records, White House Contacts (Obama tied to LightSquared scandal)
Bloomberg/AOPA | 10/7/11 | Engleman

Posted on 10/07/2011 11:54:16 AM PDT by pabianice

Link Only.


TOPICS: Business/Economy; Government; News/Current Events; Politics/Elections
KEYWORDS: fcc; fcccorruption; fundraisers; juliusgenachowski; lightsquared; obama
This is gettin' good! Just in time for the Solydra hearings.
1 posted on 10/07/2011 11:54:19 AM PDT by pabianice
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To: pabianice

“Harbinger” of things to come!?

Solyndra
Gunwalker


2 posted on 10/07/2011 11:57:31 AM PDT by G Larry (I dream of a day when a man is judged by the content of his character)
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To: pabianice

Did President Downgrade make his “I am not a crook” statement yesterday when he said that neither he nor Holder knew of Fast and Furious?


3 posted on 10/07/2011 12:00:56 PM PDT by righttackle44 (I may not be much, but I raised a U.S. Marine.)
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To: pabianice

IIRC, Obama owns or owned stock in Lightsquare.


4 posted on 10/07/2011 12:01:07 PM PDT by kevslisababy
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To: kevslisababy

IIRC, Obama owns or owned stock in Lightsquare.
********************
I’m recalling the same. Had owned but somehow is still connected through a third party or some such.

Does anyone have that story?


5 posted on 10/07/2011 12:23:38 PM PDT by Irenic
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To: pabianice

I’m curious.

Around the country there are “mobs” claiming that banks are the reason for their unemployment.

This is an Alinsky tactic to “overwhelm the system.”

Numerous refining facilities in Texas are being forced to shut down due to new EPA regulations that make impossible demands on industry.

This is an Alinsky tactic to “overwhelm the system.”

I’m beginning to wonder if Obama’s regime isn’t deliberately trying to overwhelm the legal system with challenges to laws and executive orders? Grassley and Issa are knee-deep into a LOT of dirt on the Obama WH, but nothing so much as some kabuki theater has come out of the legal wings of our legislature or from the courts.

Why is our legal system, our military, and the Legislative branch of our Constitutional Republic allowing all of this to continue without so much as a total takeover of the American Federal power system?

Obama’s got his hands all over the messes in this country and even in those around the world, but our media is covering a bunch of unemployed college graduates with liberal arts degrees.

*spit*


6 posted on 10/07/2011 12:27:03 PM PDT by rarestia (It's time to water the Tree of Liberty.)
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To: pabianice
FCC is also handing out broadband money, it should be scrutinized . FCC Chairman Julius Genachowski, Obamas Poker friend and fundraiser can not be trusted, he needs to go.
7 posted on 10/07/2011 12:32:59 PM PDT by opentalk
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To: pabianice
The Fast and Furious and Solyndra scandals are going to do enormous damage to the Obama Administration but LightSquared is going to be fatal to Obama himself.

Obama got a sweet heart deal to buy $90,000 of Lifgtspeed stock the day they received a critical FCC approval that Obama supported.

Obama was so arrogant he refused to put his assets into a blind trust when he became President to avoid conflicts of interest.

Obama then pressured a JCF General to alter his testimony that Lightspeed’s wireless technology could interfere with civilian and military users of the GPS satellite navigation and positioning system.

The LightSpeed use of the public airwaves could cause huge disruptions of the GPS signal reception. The country now depends on GPS for an amazing number of applications from aircraft navigation to emergency services to land surveying so the economic damage to the country could be enormous.

On the military side it compromises national security.

Obama interfered with a top Generals testimony to the national security and civil economic risks to the country to the direct benefit of a company he has a substantial and direct interest in.

This is really serious conflict of interest on issue that could have enormous negative impact on the country economically and from national security standpoint so this cold really damage the president directly. I really can't believe Obama could be this stupid, but it seems he is.

8 posted on 10/07/2011 12:33:44 PM PDT by rdcbn
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To: rarestia

I believe that the Dems in Charge (not Obama and his peons) are getting him out the door before he gives them historic losses next year. No way any of this would get any exposure if it was not okayed by someone in the Dem party. I think Obama et al. are trying all they can to dig in, and the “October uprising” BS is their pushback against the Dems in Charge.

Yes, the tinfoil is not really comfortable when worn as headware, but, I still think I am correct! ;)


9 posted on 10/07/2011 12:50:59 PM PDT by Rutabega
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To: Irenic
Ask and you shall receive.

So, what’s greasing LightSquared’s skids? Hint: It used to be known as “Skyterra.” In 2005, Obama put $50,000 into the speculative firm — raising eyebrows even among his water-carriers at The New York Times. The paper noted that Skyterra’s principal backers at the time of the investment included four Obama “friends and donors who had raised more than $150,000 for his political committees.”

One of those pals who urged him to buy stock in Skyterra was George Haywood, a major Skyterra investor and campaign donor who chipped in nearly $50,000 to Obama’s campaigns and to his political action committee along with his wife.

Coincidentally, Obama bought his Skyterra stock the very same day the FCC “ruled in favor of the company’s effort to create a nationwide wireless network by combining satellites and land-based communications systems.” One industry expert tells me it strains credulity to believe the timing wasn’t dictated by inside information. Indeed, the Times reported that immediately after that morning ruling, “Tejas Securities, a regional brokerage in Texas that handled investment banking for Skyterra, issued a research report speculating that Skyterra stock could triple in value.”

This is a Michelle Malkin article and further backup is available on her website.

PS: Cincinnatus Wife... don't ask for a link to Michelle Malkin's website.

10 posted on 10/07/2011 12:56:45 PM PDT by USS Alaska
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To: Rutabega

That’s a different take, but I feel yours is a bit more grounded. I had some more sinister ideas in mind.

I prefer mine if only for the outcome of a completely gutted and untenable Democratic party after 2012. They’ll pretty much be calling themselves the American Socialist Party. ASP?

Sadly, people would still vote for them.

Suspension of disbelief is at the core of every great story. This is American political theater at its finest!


11 posted on 10/07/2011 12:57:58 PM PDT by rarestia (It's time to water the Tree of Liberty.)
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To: USS Alaska

Thank you very much!!!


12 posted on 10/07/2011 1:04:06 PM PDT by Irenic
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To: rdcbn
Ah, but you forget. If it isn't in , it never happened.
13 posted on 10/07/2011 1:12:45 PM PDT by pabianice (")
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To: Irenic

http://www.nationalreview.com/corner/277939/obama-vs-gps-arthur-herman

Obama Vs. GPS, Arthur Herman from the Corner, NRO

GREAT READ!


14 posted on 10/07/2011 1:15:25 PM PDT by Rutabega (No one reads these anyway, right?)
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To: rarestia

The Dems often give us great theater—FR came to fruiting because of Billy Jeff’s insanity in the nineties, remember all that? Every day, hours and hours of discussion about the ins and outs.

I think that to really understand how power works in politics, the average person would have to suspend disbelief! :) And I do think that the behind the scenes is much more devious than anything I posted. Don’t trust those people for a minute!


15 posted on 10/07/2011 1:19:21 PM PDT by Rutabega (No one reads these anyway, right?)
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To: Rutabega

Wow! That’s an ‘OUCH!’ article if there ever was one. Thanks for the link! Obama truly is a slime.


16 posted on 10/07/2011 1:24:47 PM PDT by Irenic
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17 posted on 10/07/2011 1:29:28 PM PDT by TheOldLady (FReepmail me to get ON or OFF the ZOT LIGHTNING ping list)
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To: Irenic

I know, I agree; it is so abhorrent that this man is the President of our country! My dad sent me the link, and I mailed it all over the place. There just isn’t a lot of argument to be made in O’s defense, is there?


18 posted on 10/07/2011 1:32:34 PM PDT by Rutabega (No one reads these anyway, right?)
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To: pabianice

building.


19 posted on 10/07/2011 3:32:55 PM PDT by ken21 (ruling class dem + rino progressives -- destroying america for 150 years.)
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