Is Barack Obama a “Crook”, or would “Traitor” be a more appropriate term?
What do you call a politician who gives one half Billion dollars in taxpayer money to a money losing company owned by someone who collected five hundred thousand dollars for your campaign war chest?
Americans tend to have short memories. But wasn’t it Presidential candidate Barack Hussein Obama who claimed that he would cut the deficit in half, end corruption and cut waste? Wasn’t that his “Hope and Change?” How his sycophants choose to forget.
Let’s take Solyndra, the Obama poster child for his “greening of America.” During the very alternate energy friendly Bush Administration, it was refused a taxpayer guaranteed loan as being a company destined to fail.
But in Obama’s “Jobs Stimulus Program,” much of the almost one Trillion dollars was stolen from the American taxpayer and distributed to his friends and financial supporters. Responsibility always seems to take second place to political payoffs in this administration.
One week before Solyndra was approved for more than one-half Billion in taxpayer guaranteed loans, their CEO visited the White House four times. Those spoken to included Obama’s top policy advisor and closest confident Valerie Jarett. People warned the White House about Obama’s Enron, but money is money when it comes to political payoffs.
It’s normal policy that if a company with federal funding fails, the taxpayer gets first dibs on the remaining assets, but not with Solynra. In this case, Obama’s supporters who own stock in the company get paid off first, leaving the taxpayer to fondle their empty pockets.
But that’s not all. Billions of dollars are currently being given out to similar “green” companies with Obama political connections. Isn’t this what Obama condemns as “crony capitalism?”
But wait. There’s more and it involves national security. Eli Lake reported in the liberal Daily Beast that GEN William Shelton who heads Air Force Space Command informed a classified oversight committee hearing that Obama attempted to alter his testimony on the broadband company LightSquared.
This is another company with deep pockets for Obama. It’s building a wireless 4G satellite network that the Pentagon feels will interfere with high precision GPS signals that could disrupt military operations from strategic and tactical mapping to missiles.
But LightSquare majority stock owner Philip Falcone donated some $60,000 to the Democrat Party in 2009. CEO Sanjiv Ahuja made a $30,400 contribution to the Democrats, the very day representatives from LightSquared went to the White House for a payoff, uhhhh,“ meeting.”
Is a political campaign payoff more important than national security to Obama and those close to him? It seems so.
Is Barack Obama a “Crook?” Legally, he’s probably not. In my opinion, “Traitor” would be a more appropriate term. What do you think?
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