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- Soros reportedly invested in the telecom company
LightSquared through Harbinger Capital Partners (a hedge fund run by
billionaire financier Philip Falcone, owns LightSquared)., and many of
the nonprofits he finances have backed LightSquared in regulatory and
policy disputes....
- Air Force Gen. William Shelton, head of Space
Command, testified to Congress this month that giving LightSquared the
radio frequencies it is slated to get would interfere with the
military's GPS needs.
- Ahead of Shelton's testimony, White House officials
nudged Shelton to go easy on LightSquared ... Another government
official said the White House pushed him to downplay the GPS worries.
- Falcone is a big political donor who has given
exclusively to Democrats and independents since Obama's election.
Emails have surfaced showing LightSquared executives discussing
donations to Obama's campaign in policy conversations with White House
officials. Finally, there's the eye-catching detail that another Obama
donor, George Haywood, steered then-Sen. Obama to invest $90,000 in the
company (then named SkyTerra) back in 2005 (Martha Stewart missed that
particular tip).
- Soros generously funds a huge swath of the
liberal movement, and has aligned his business interests with Obama's
big-government policies. For instance, Obama green-energy official
Cathy Zoi left the Energy Department earlier this year to help run a
new green-energy (and thus subsidy-dependent) investment fund Soros was
starting.
- In the LightSquared affair, Soros shows up
repeatedly. [Extracted from
Obama's LightSquared imbroglio]
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And Nixon was
threatened with impeachment because - bottom line-
there was a 18-Minute Gap' in a White House tape. Nobody
knew what was contained in those 18 minutes, but what the hell— he was
Nixon. So there's that.
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