PatriotPost.us The Era of Obama was supposed to be a time of Hope and Change, transparent and accountable government, and bipartisan song-singing -- indeed, as Obama himself put it, "the moment when the rise of the oceans began to slow and our planet began to heal." Reality has been wholly different. A recession that, according to the National Bureau of Economic Research, ended in June 2009 but has given way to crippling economic stagnation, with no end in sight. Promised transparency quickly gave way to unaccountable czars and closed-door dealings, and bipartisanship was cast aside for the Democrat partisan ramrodding of hard-left legislation through the chambers of Congress. We don't pretend to speak for the planet, but nothing much seems healed.
Amid that bleak picture, there are (at least) three administration scandals that continue to simmer, despite the fact that the Leftmedia and Obama Re-Election Outlets (but we repeat ourselves) have given them scant attention. First is the story of Solyndra's bankruptcy following a $535 million federal loan guarantee from the Obama Department of Energy (part of the 2009 "stimulus"). The hastily issued loan to the California-based solar cell producer was greater than the amount given to 35 states to complete their respective lists of "shovel-ready" infrastructure jobs. When even that wasn't enough, Solyndra sought another $469 million. "Green energy" sure does seem to require an awful lot of green.
Solyndra went bankrupt when its unworkable business model collapsed. Yet, consistent with leftist cronyism, certain creditors who happened to be Democrat donors were placed in front of the taxpayers in the line of recovery -- much as unions were placed in the front of the line for the GM and Chrysler bailouts. Lost in the cover-up are the 1,100 workers abruptly laid off in August who will have a tough time finding jobs, as California is already reeling from high unemployment and is hardly a climate conducive to economic recovery.
Former employees are beginning to tell all, too. "After we got the loan guarantee, they were just spending money left and right," said former Solyndra engineer Lindsey Eastburn. "Because we were doing well, nobody cared. Because of that infusion of money, it made people sloppy." No wonder Solyndra CEO Brian Harrison and CFO W.G. Stover Jr. have announced that they will invoke their Fifth Amendment right against self-incrimination when they testify before Congress today.
Second is the administration's widening venture socialism scandal involving wireless network company LightSquared, which is financed by billionaire Democrat donor Philip Falcone. Military, civilian and government experts are objecting to LightSquared's potential to interfere with the military's GPS network. Air Force Commander Gen. William Shelton blew the whistle last week, claiming that the White House pressured him to modify testimony before Congress to make it more favorable toward LightSquared. He didn't.
LightSquared executives insist that their proposed system's wavelength won't interfere with the adjacent wavelengths used by the military's GPS on the available broadcast spectrum. Despite industry-wide protests, however, LightSquared received fast-track approval for an FCC waiver granting them the right to construct a 4G wireless network for far less capital than the billions the government would extract from its competitors. To address the industry's concerns about GPS interference, LightSquared proposed that everyone else pay to retrofit their GPS devices instead of revising its network to avoid broadband spillover.
Prior to its current incarnation, LightSquared was known as Skyterra, and its ownership included major Obama backers going back to 2004. Obama sold his Skyterra stock in 2005. Along with so much in the president's background, the Leftmedia seem content to characterize such connections as coincidental.
Finally, and most serious, is the continuing cover-up of Project Gunrunner and Operation Fast and Furious. As our readers well know, this project of the Bureau of Alcohol, Tobacco, Firearms and Explosives has resulted in more than 2,000 American weapons illegally crossing into Mexico, not only under the nose of the ATF, but with its consent, fueling the raging drug war south of the border. Reports this week indicate that a third gun linked to Fast and Furious was recovered at the scene of Border Patrol agent Brian Terry's murder in December. Furthermore, according to Darrell Issa, Chairman of the House Oversight Committee investigating this scandal, Fast and Furious guns were used in at least 200 murders in Mexico -- and that's a conservative estimate. The administration is in full rear-covering mode, and the Leftmedia have, predictably, remained virtually silent.
Is it too much to ask that the media start doing their jobs? It's high time the Chicago thugs in the White House are held accountable for their actions.
Read More: http://patriotpost.us/edition/2011/09/23/digest/