Three Obama Administration Scandals

The following appeared in Hillbuzz on 9-19-2011 by Bridget.

Harbinger Hedge Fund manager Philip Facone. Ever wonder why Dodd-Frank legislation passed in 2010 never wrote one word about regulating Hedge Funds? George Soros, Philip Facone, and other managers keep the political elites immersed in cash.

Obama’s troubles are beginning to pile up…and the timing couldn’t be more perfect for Republicans coming into the 2012 elections(and I’m not even talking about this miserable economy). 3 very shady newsworthy scandals involving the Obama White House are slowly creeping into the news. Of course, they aren’t in the news as much as they should be but people are beginning to know some of the criminal activity that makes up the day to day schedule of this White House. I thought I would do a brief summary of the 3 “biggies” and do follow up posts when new details are learned.
So…here goes
1. Fast and Furious: Most everyone is familiar with this one. It’s the ATF “sting” operation in which assault weapons were knowingly sold to violent Mexican drug cartel members with the intent of tracking these guns into Mexico to catch higher ups in the cartel world. The problem is that most of these assault weapons have disappeared into the underworld of Mexican crime and are showing up at violent crime scenes…including the murder of Border Patrol Agent Brian Terry. This little scandal involves the ATF, FBI, DEA, Border Patrol and the Department of Homeland Security…..all under the watchful eye of the Department of Justice. I do not believe that Obama will be implicated in this one because Eric Holder is the front-man and Obama will be protected at all cost. Just my opinion.

The founder of Hillbuzz and Gay activist Keven DeJan became disenchanted with Democrats during the 2008 election when Obama thugs stole the Democratic nomination from Hillary Clinton.

2. Solyndra: This one has been getting a lot of press lately. Solyndra is a California based company that makes solar panels. Obama made it the poster-child for his green jobs initiative and publicly touted it’s huge potential to not only advance the movement towards solar power but also the benefit of creating more jobs. So..what’s the problem you ask? Solyndra was doomed from the beginning and was in serious financial trouble before the White House granted it a $535 million loan guarantee (through the Stimulus legislation). The problem with Solyndra is that it’s new solar panels (which are cylindrical and supposedly lighter and easier to install) are very expensive to make and thus are more expensive to buy so consumers are continuing to buy the cheaper flat panels….which work just as well. Solyndra was never ever ever going to be profitable and the White House was warned about this but still continued to push for stimulus money. Solyndra filed for bankruptcy on September 6th…leaving the American taxpayer with a $535 million dollar tab. Oh….and one more thing….the primary shareholder in Solyndra is The George Kaiser Family Foundation. George Kaiser is a rather large campaign fundraiser for Obama and has visited the White House 16 times since 2009. What a coincidence.
3. Lightsquared: So far…there has been very little press about this one and details are still emerging. Lightsquared is a company that is involved in the broadband connectivity network. Their product would make it easier and faster for people to connect to wireless networks. The company is owned by the hedge fund Harbinger Capital. This hedge fund is headed by billionaire Philip Falcone who happens to be a huge donor to Democratic senatorial campaigns as well as to Obama’s campaign. Shortly after he made large donations to Democratic senatorial campaigns, the FCC granted the company a waiver to build their national 4g wireless network cheaply….which is a highly unusual move for the FCC. What a coincidence. Numerous people are crying foul but the bigger scandal here is something a little more criminal than big donor favoritism. The Pentagon is very concerned about Lightsquared’s new broadband network because the GPS system that it uses would interfere with the same system that the military uses to help it with missile tracking (among other things). The Pentagon sent Air Force General William Shelton to testify at a closed door meeting about their concerns. Just a few days ago, General Shelton revealed to House strategic forces subcommittee staffers that the White House tried to “encourage” him to say things in his testimony that would be beneficial to the Lightsquared project. The General was not too happy about being asked to change his testimony on the request of the White House. This one is much more than a “pay to play” scandal. This one is flat-out criminal and involves witness tampering. This has been getting some media coverage but not very much. It is my opinion that this one is the worst of the 3 scandals for Obama but time will tell whether he will suffer politically. I’m betting that there are many more “Solyndra’s” and “Lightsquared’s” out there but we’ll never know with our politically biased media.
There’s one thing that’s for sure with this crooked administration….
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