
Democrat fat cat and Obama supporter Philip Falcone
We later learned that President Obama actually INVESTED in Lightsquared and his administration granted FCC waivers allowing Lightsquared to operate.
At issue was whether or not Lightsquared's new satellite wireless service would disrupt military GPS systems. Shelton thought it would and the Obama administration knew that would hurt Falcone. So they pressured the general and tried to cover it up.
Now, we know that General Shelton's concern over LightSquared's impact on the military was justified:
Philip Falcone’s proposed LightSquared Inc. wireless service caused interference to 75 percent of global-positioning system receivers examined in a U.S. government test, according to a draft summary of results.I can't wait to see how the Obama administration spins this one!
The results from testing conducted Oct. 31 to Nov. 4 show that “millions of fielded GPS units are not compatible” with the planned nationwide wholesale service, according to the draft seen by Bloomberg News.
“LightSquared signals caused harmful interference to majority of GPS receivers tested,” according to the draft prepared for a meeting next week of U.S. officials reviewing the LightSquared proposal. “No additional testing is required to confirm harmful interference exists.”
Source: Business Week