is no proof of that, just questions. but the hearings are exposing inconsistent, sometimes nonexistent explanations from the obama white house. yesterday, we told you about solyndra, a now-bankrupt clean energy company whose default left taxpayers with a half-billion dollar bill. the obama administration approved that loan despite warnings the company s plan didn t add up. congress now investigating whether political support for the president greased the wheels. tonight s example is a company called lightsquared. it was green lighted to build a new broadband internet network despite objections from several government agencies. the pentagon complained the most, warning this new network could undermine satellite-based weapons targeting and other sensitive systems, not to mention your efforts to get driving directions. based on the test results and analysis to date, the lightsquared network would effectively jam vital gps receivers, and to our knowledge thus far, there are no
inconsistent, sometimes nonexistent, explanations from the obama white house. yesterday we told you about silendra a now bankrupt clean energy company whose default left taxpayers with a half billion dollar bill. the obama administration approved that loan despite warnings the company s plan didn t add up. congress now investigating whether political support for the president greased the wheels. tonight s example is a company called lightsquared. it was green lighted to build a new broadband internet network despite objections from several government agencies. the pentagon complained the most. warning this new network could undermine satellite based weapons targeting and other sensitive systems not to mention your efforts to get driving directions. based on the test results and analysis to date, the lightsquared network would effectively jam vital gps receivers, and to our knowledge thus far, there are no mitigation options that would be effective in limiting interference t