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Re: Obama was investor in lightsquared 

By: CTJ in POPE | Recommend this post (1)
Tue, 20 Sep 11 10:45 PM | 111 view(s)
Boardmark this board | (The) Pope's for real stock market report 		Msg. 43631 of 65535
(This msg. is a reply to 43570 by CTJ)
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A second government official has come forward saying the White House tried to influence his testimony concerning a wireless broadband project backed by a Democratic donor that military officials fear might impair sensitive satellite navigation systems.

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.


Nobody will pay any attention to this until the MSM figure out how to blame it on GWB.

Where did Obama get the $100k to invest in this company?????


Democrat Party. The party of Misery, Violence and Hate.


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The above is a reply to the following message:
Obama was investor in lightsquared
By: CTJ in POPE
Tue, 20 Sep 11 6:46 AM 		Msg. 43570 of 65535

•Obama himself was an early investor and came to the presidency a firm believer in expanding broadband. He remains close to other early investors, like Gips and investment manager George W. Haywood, inviting some to luxe social events at the White House and more intimate gatherings like a night of poker and beer.

Presidents put their investments into blind trusts when they take office in order to avoid the appearance of conflicts of interest. Well, most modern Presidents do, anyway. It seems that Obama considers himself an exception to this rule, or at the very least he did until April 2010. The Washington Post’s Michael Shear reported at that time that Obama had refused to establish a blind trust:


http://patdollard.com/2011/09/obama-was-early-investor-in-lightsquared-refused-to-establish-blind-trust/

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