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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: 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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