Pollock: LightSquared – Another Solyndra? (3)

There’s a White House scandal involving favoritism towards a specific company high on President Obama’s political agenda — and it’s not Solyndra.

In this case, the company owner happens to be a big Democratic Party donor. And in the pursuit of giving preference to a specific company, the White House undercut a legendary four-star general and potentially undermined U.S. national security. Adding fuel to the explosive story: at one time President Obama was a personal investor, with $50,000 of his own money.

A report by Eli Lake at the Daily Beast charges that the White House pressured U.S. Air Force General William Shelton, commander of the U.S. Space Command, to change his testimony about the $14 billion LightSquared wireless internet project. The Space Command and Gen. Shelton warned that LightSquared could cripple the Pentagon’s Global Positioning System (GPS). Lake writes:

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Afternoon Updates:

12:42 pm EDT, September 16th, 2011 – U.S. clean energy loan program could double

12:44 pm EDT, September 16th, 2011 – Solyndra Collapse: What Did the MSM Know and When Did They Know It?

1:07 pm EDT, September 16th, 2011 –Malkin: LightSquared –The next Obama pay-for-play morass?