Wednesday, September 21, 2011

LightSquared: Obama’s Dangerous Broadband Boondoggle

By Michelle Malkin  •  September 21, 2011 09:53 AM

Let the sun shine in…

After I blogged last week about Barack Obama’s burgeoning LightSquared scandal, I received a miffed e-mail from billionaire hedge fund manager/Obama donor/LightSquared principal backer Philip Falcone under the subject line “Tip.” Falcone defended the Obama administration and noted that the predecessor to LightSquared, called Skyterra, had benefited from some previous regulatory approvals under the Bush administration. (Sound familiar? It’s the same “Blame Bush” defense the White House and its allies are using to try and deflect the Solyndra debacle.)

Falcone then fumed at me: “I really wish someone would take 5 freaking minutes to do some diligence and get the chronology straight! I’d be glad to point you in the right direction if you so choose. You may even find some dirt on AT&T, the GPS guys and they (sic) money they are spending on this campaign. Do you know that your tax dollar goes to build satellites that the GPS manufacturers use, for free?? Billions….Billions…..Billions…And a few of these companies are foreign companies….that do not pay taxes. I really truly wish someone would spend some time to get the facts straight.”

While Falcone and his P.R. team take to the airwaves, I took more than “5 freaking minutes to do some diligence” and did a little more digging. My syndicated column below goes over the latest developments and basic facts since The Daily Beat’s Eli Lake first reported Gen. Shelton’s bombshell disclosures about the White House’s testimony-meddling.

But there’s much more.

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