hmmmm....
Double hmmmm....
Triple hmmmm....
Quadruple hmmm....
Conclusion:
Hmmm...you guys are really pissed Solyndra didn't "stick", aren't ya?
Why would you try to have an authoritative rebuttal totally unsourced? I’ve noticed that you do that a lot. Is it because you are too embarrassed to acknowledge you’re just cribbing from Wikipedia?
I see your research skills are equal to what they were when you posted on the muche. Quoting Wikipedia doesn’t inspire a lot of confidence. However, when you are going to lean on the text of a Wikipedia article, it wouldn’t hurt to check their sources! I of course did and got quite a different story than your Wiki version.
the size and scope of LightSquared’s network, including the number of towers it would be allowed to construct and the allowable power levels, were approved back on February 25, 2005 – under the Bush Administration.
I’m open to listen to any Bush administration crony capitalism charges. But you didn’t provide any! Aww….
“The Federal Election Commission has no record of Phil Falcone, a registered Republican, nor LightSquared Chairman and CEO Sanjiv Ahuja of having ever contributed to President Obama’s political campaigns.”
http://www.iwatchnews.org/2011/07/19/5253/politically-connected-lightsquared-pushes-wireless-internet-plan-despite-gps• Obama installed one of his biggest fundraisers, Julius Genachowski, a campaign “bundler” and broadband cheerleader, as chairman of the FCC, whose staff granted LightSquared a special waiver to operate.
• LightSquared’s current majority owner, hedge fund manager Philip Falcone, made large donations to the Democratic Party while his broadband request was pending before the FCC. He and LightSquared executives met with White House officials. Neither Falcone nor the White House would comment on what was discussed.
• LightSquared employs lobbying firms that wield formidable Democratic firepower: Ed Rendell, former governor of Pennsylvania and onetime chair of the Democratic National Committee, as well as the firm of former House Majority Leader Richard Gephardt.
• Jeffrey J. Carlisle, the company’s vice president for regulatory affairs, served with Genachowski and Gips on Obama’s transition team.
http://www.washingtonpost.com/blogs/post-tech/post/the-circuit-lightsquared-campaign-contributions-kids-privacy-eu-officials-meet-with-advertisers/2011/09/15/gIQAP9NPUK_blog.htmlThe Center for Public Integrity reported that senior White House officials took meetings with LightSquared officials on the same day that company CEO Sanjiv Ahuja gave $30,400 in campaign donations to the Democratic Party, according to e-mails obtained by the organization.http://fundrace.huffingtonpost.com/neighbors.php?type=name&lname=Falcone&fname=PhilipIn 2010 Falcone gave 2400 to the Dems and zero to the Republicans“Among the issues being raised is if political contributors received favorable treatment by the Obama administration. Since 2007, a key investor in LightSquared, Philip Falcone, has donated $85,500 to Republicans and $50,500 to Democrats.”
Noted, but the Republicans have not been in power and were not in a position to do anything for Lightsquared.
“Multiple media sources have reported that an Air Force General claimed that he had received political pressure to change his testimony regarding the negative effects of LightSquared technology. However, the General's spokesperson has denied there was any improper influence and has refuted those media reports by stating that the General's testimony was reviewed appropriately by the Office of the Secretary of Defense and other executive agencies via the established OMB (Office of Management and Budget) process.”
http://www.telegraph.co.uk/news/worldnews/barackobama/8769543/Obama-administration-pressured-Air-Force-general-to-change-testimony.htmlThere is no indication the General altered his testimony (and I never said that), only that the White House tried to get him to alter it.
“According to Republicans on Capitol Hill, General William Shelton, head of Air Force Space Command, told them in a closed session the White House urged him to alter his testimony about the Pentagon's concerns about a new wireless project by a satellite broadband company.
According to officials who spoke to the "Daily Beast" website, Gen Shelton's prepared testimony was leaked in advance to LightSquared. The White House then asked the general to alter it to say that he supported the White House policy to add more broadband for commercial use and that the Pentagon would try to resolve its concerns in tests within 90 days.”
So nice try. Next time don’t take what Wikipedia says at face value unless you’ve checked out the sources they are linking to. I mean, it IS Wikipedia after all.
Now for the breaking news:
http://www.reuters.com/article/2011/12/09/us-hedgefunds-falcone-idUSTRE7B81D920111209the investor, who has since bet much of his Harbinger Capital Partners money on a cash-strapped wireless telecom company, said on Thursday that U.S. securities regulators are considering filing civil fraud charges against him and what is left of his once $26 billion hedge fund empire.
Falcone and two top lieutenants, including his general counsel Robin Roger, have received Wells Notices from the U.S. Securities and Exchange Commission, said Harbinger Capital parent Harbinger Group Inc.
This means the regulators are considering bringing an enforcement action against them over a number of potential violations, including alleged manipulative trading in debt securities during the period from 2006 to 2008So I guess that puts you firmly on the side of the 1% Wall Street barons.
But you are right about one thing. Solyndra didn’t stick and this one won’t either. The MSM just won’t cover these kind of stories when they are still trying to get Obama re-elected. But I know the administration is crooked. You of course, don’t care.
