Pages - Menu

16 September 2011

Sleep tight America

Applying a little "Hope & Change" to the nation's Global Positioning Satellite system... what could possibly go wrong?
-- Washington, DC -- The White House confirmed Wednesday that its Office of Management and Budget suggested changes to the general’s testimony but insisted such reviews are routine and not influenced by politics. And it said Shelton will be permitted to give the testimony he wants, without any pressure.

The general’s office declined to comment, and LightSquared did not return calls seeking comment. Harbinger Capital Partners, Falcone’s investment firm, said it would provide a comment Thursday.

LightSquared has previously acknowledged it met with administration officials as it tried to shepherd the project, which is consistent with President Obama’s goal of trying to expand broadband wireless access nationwide.
Hmmm... who is this Philip Falcone?

Oh yeah, he's the Democratic Party uber-donor who made a pile shorting subprime debt.

Nice to have friends in high places, right Phil?

**********

RELATED: Hang on... another Obama fundraiser?
"Solyndra has attracted attention in Washington because the company’s largest investors include funds linked to billionaire Tulsa oil industrialist George Kaiser, a leading fundraiser for President Obama."
Uh, Barry... here's a thought. If more than one of your buddies is a completely irredeemable scammer... maybe it is you.