Thursday, September 22, 2011

Obamagate

More and more stories are coming out, almost daily, about "investments" that Obama made on behalf of the American people.  As more and more comes to light, it shows that Obama has not left the Chicago style politics behind.

Solyndra, a solar panel company has many ties with Obama.  According to this article, posted by the Daily Caller back in September 2011,  "Tulsa billionaire George Kaiser, a key Obama backer who raised between $50,000 and $100,000 for the president’s election campaign, is one of Solyndra’s primary investors. Kaiser himself donated $53,500 to Obama’s 2008 election campaign, split between the DSCC and Obama For America. Kaiser also made several visits to the White House and appeared at some White House events next to Obama officials.
Campaign finance records show Kaiser and Solyndra executives and board members donated $87,050 total to Obama’s election campaign."

According to this article,  Solyndra received more tax dollars than 35 states for "shovel ready" jobs.

According to this article, "The Obama administration restructured a half-billion dollar federal loan to a troubled solar energy company in such a way that private investors — including a fundraiser for President Barack Obama — moved ahead of taxpayers for repayment in case of a default, government records show."  What a way to thank the taxpayers.

Now that Solyndra is under investigation not only by the FBI, but also a Congressional Committee, Solyndra, after promising to testify at the hearing has now invoked their Fifth Amendment right.  Which they have a right to do.  Question is, what are they hiding?  Who will be implicated?  Does the corruption go all the way to the top?

Now we have Lightsquared.  Remember Obama wanted to bring Broadband to everyone.  Well folks, looks like he had Lightsquared in mind for this project.  According to this article, "LightSquared is owned by the Harbinger Capital hedge fund, headed by billionaire investor Phil Falcone. He visited the White House and made large donations to the Democratic Senatorial Campaign Committee. Soon after, the Federal Communications Commission (FCC) granted LightSquared a highly unusual waiver that allows the company to build out a national 4G wireless network on the cheap."

There are reports of pressure being applied to top officials to testify in a good light for Lightsquared.  According to this article,  "Gen. William Shelton, head of the Air Force Space Command, told House members in a classified briefing earlier this month that he was pressured to change prepared congressional testimony in a way that would favor a large company funded by Philip Falcone, a major Democratic donor, congressional sources told Fox News"

According to this article,  "Anthony Russo, director of the National Coordination Office for Space-Based Positioning, Navigation, and Timing, told The Daily Beast he rejected “guidance” from the White House’s Office of Budget and Management suggesting he tell Congress that the government’s concerns about the project by the firm LightSquared could be resolved in 90 days, a timetable favorable to the company’s plans."

To make matters worse, according to this article, "As Republican lawmakers begin to dig into the White House's cozy relationship with a startup wireless company and the wealthy Democratic donor who owns it, a new character has appeared on the story's edges: liberal superdonor, conservative bete noire and controversial investor George Soros.
Soros reportedly invested in the telecom company LightSquared through a hedge fund, and many of the nonprofits he finances have backed LightSquared in regulatory and policy disputes."

Keep in mind that George Soros wants a "New World Order". 

 

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