Government Corruption Media ArticlesExcerpts of Key Government Corruption Media Articles in Major Media
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The Trans-Pacific Partnership (TPP) may soon be an acronym as recognizable as NAFTA — but this free trade venture could have much more economic strength and impact than its North American predecessor. The Trans-Pacific Partnership is a free trade deal aimed at further expanding the flow of goods, services and capital across borders. Its four founding members — New Zealand, Chile, Singapore and Brunei – soon caught the attention of five other nations: the United States, Australia, Peru, Vietnam and Malaysia, who joined in 2008. The nine partners currently have a combined GDP of more than $17 trillion. Canada and Mexico are now being considered for membership, subject to the approval of the nine countries already involved. Add to this the possibility that Japan could join the TPP, despite mounting protests in that country, and the economic and political traction of the group increases. In fact, the TPP could become the world's largest free-trade zone. "It's really a trade agreement for the one per cent and their corporate interests," said Maude Barlow, the National Chairperson of the Council of Canadians, which opposed and continues to criticize NAFTA. "This is not going to be a good deal for Canadians."
Note: A later Toronto Star article reveals that the agreements of the TPP are secret.
When Jamie Dimon, CEO of JPMorgan Chase Bank, appeared before the Senate Banking Committee on June 13, he was wearing cufflinks bearing the presidential seal. “Was Dimon trying to send any particular message by wearing the presidential cufflinks?” asked CNBC editor John Carney. “Was he . . . subtly hinting that he’s really the guy in charge?” The groveling of the Senators was so obvious that Jon Stewart did a spoof news clip on it. JPMorgan Chase is the biggest campaign donor to many of the members of the Banking Committee. Financial analysts Jim Willie and Rob Kirby think it may be something far larger, deeper, and more ominous. They contend that the $3 billion-plus losses in London hedging transactions that were the subject of the hearing can be traced, not to European sovereign debt (as alleged), but to the record-low interest rates maintained on U.S. government bonds. The national debt is growing at $1.5 trillion per year. Ultra-low interest rates must be maintained to prevent the debt from overwhelming the government budget. Near-zero rates also need to be maintained because even a moderate rise would cause multi-trillion dollar derivative losses for the banks, and would remove the banks’ chief income stream, the arbitrage afforded by borrowing at 0% and investing at higher rates. The low rates are maintained by interest rate swaps, called by Willie a “derivative tool which controls the bond market in a devious artificial manner.”
Note: We don't usually use alternet.org as a reliable source, but because the major media failed to ask the hard, very important questions posed in this article, we've included it here. For powerful reports on financial corruption, click here.
When JPMorgan Chase CEO Jamie Dimon testified in the U.S. House today, he presented himself as a champion of free-market capitalism in opposition to an overweening government. His position would be more convincing if his bank weren't such a beneficiary of corporate welfare. JPMorgan receives a government subsidy worth about $14 billion a year, according to research published by the International Monetary Fund. The money helps the bank pay big salaries and bonuses. More important, it distorts markets, fueling crises such as the recent subprime-lending disaster and the sovereign-debt debacle that is now threatening to destroy the euro and sink the global economy. In recent decades, governments and central banks around the world have developed a consistent pattern of behavior when trouble strikes banks that are large or interconnected enough to threaten the broader economy: They step in to ensure that all the bank's creditors, not just depositors, are paid in full. With each new banking crisis, the value of the implicit subsidy grows. JPMorgan's share of the subsidy is $14 billion a year, or about 77% of its net income for the past four quarters. In other words, U.S. taxpayers helped foot the bill for the multibillion-dollar trading loss that is the focus of today's hearing. When Dimon pushes back against capital requirements or the Volcker rule, it's worth remembering that he's pushing for a form of corporate welfare that, left unchecked, could lead to a crisis too big for the government to contain.
Note: For more vitally important information on this, explore the excellent, reliable information in our Banking Corruption Information Center available here. For other key major media articles showing blatant financial corruption, click here.
Faulty computer modeling caused the equipment problems that are expected to keep the San Onofre nuclear plant dark through the summer, federal regulators said Monday. The plant has been out of service since Jan. 31, when operators discovered a small leak in one of the thousands of steam generator tubes that carry hot, radioactive water used to create steam to turn turbines that generate electricity. That led to the discovery that other tubes were rubbing against support structures and adjacent tubes, and wearing out more quickly than expected. Eight tubes failed pressure testing, which NRC officials said ... is the first time in the nuclear industry that more than one tube at a plant has failed. The wear is a safety concern because tube ruptures can release radiation. The plant's operator, Southern California Edison; the NRC; and Mitsubishi Heavy Industries, the manufacturer of the steam generators, have been studying the cause and extent of the wear. The NRC has ordered Edison to keep the plant shuttered until it has determined the cause and how to fix it. "This is a significant, serious safety issue," said NRC regional administrator Elmo Collins. "This is a very difficult technical issue, and to be honest, it's not one we've seen before." NRC officials said it appears that simulations by Mitsubishi underpredicted the velocity of steam and water flowing among the tubes by a factor of three or four. The high rate of flow caused the tubes to vibrate and knock against each other, leading to the wear. It was not clear why the computer modeling was so far off.
Note: For lots more on corruption in the nuclear power industry, click here.
Native American tribes are celebrating a major victory in their battle for equal treatment after the US supreme court ruled that the government could no longer short-change them over contracts for public services. The suit claimed that the government had over many years withheld millions of dollars owed to the tribes by imposing a cap on the contracts it had taken out with them. Native American leaders hailed the ruling as an important victory. Rodger Martinez, president of the Ramah Navajo Chapter in New Mexico that was a plaintiff in the case, said they had been saddened that they had to go all the way to the supreme court to find redress. "But we are happy that they sided with us. This gets us back to the principle that the government must pay us what we are entitled to," he said. The dispute over money relates to services provided by the tribes themselves under the Indian Self-Determination Act of 1975. Under that law, the tribes would sub-contract from the federal government public services such as police, schools, fire prevention, hospitals, and infrastructure works, as well as environmental works and subsidies to farmers. Under the arrangement, the federal government would pay the tribes for the services provided, just as it would any other contractor. But from 1994 the government changed the way it paid for the services, no longer paying for each contract in full but handing the tribes a collective lump sum onto which it imposed a ceiling – thereby withholding from them a portion of the moneys owed. The supreme court ruling found this to be unacceptable.
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It's a curious paradox: Crime rates continue to fall in California, but the number of people killed by the police keeps rising. In Los Angeles County, for example, the number of 2011 homicides was a historic low of 612 people. But the number of fatal police shootings skyrocketed by nearly 70 percent that same year, to 54. That number of fatal shootings by officers was almost equal to 10 percent of the county's homicides last year. Los Angeles is not alone. Nationwide, officer-involved shootings are on the rise, with cities as disparate as Dallas and Albuquerque registering sharp spikes in fatal police shootings. What's going on? It's too soon to know whether 2011 was just an unusual year or the start of a trend. In 2011, 72 officers across the country were killed by perpetrators - a 75 percent increase from 2008. This rough equation makes some sense - if the police are encountering suspects who are more likely to fire on them, they're going to fire back. California is struggling with decades-old budget decisions that have left far too many mentally ill people out on the street, where they can be a danger to themselves and others. Police officers, not caseworkers, are all too often first responders to the mentally unstable. [And] California's ... draconian sentencing laws - followed by prison overcrowding and early release programs - haven't made anyone safer. Legislators and governors have tinkered around the edges of these issues without attempting a full overhaul, but a full overhaul is what the state needs.
Note: For more on corruption within the judicial system and "prison-industrial complex," click here.
Most Americans have gotten used to regular news reports about military and CIA drones attacking terrorist suspects – including US citizens – in Pakistan, Yemen, and elsewhere abroad. But picture thousands of drone aircraft buzzing around the United States. By some government estimates, as many as 30,000 drones could be part of intelligence gathering and law enforcement here in the United States within the next ten years. Operated by agencies down to the local level, this would be in addition to the 110 current and planned drone activity sites run by the military services in 39 states, reported this week by the Federation of American Scientists, a non-government research project. Civil libertarians warn that “unmanned aircraft carrying cameras raise the prospect of a significant new avenue for the surveillance of American life,” as the American Civil Liberties Union put it in a report last December. “The technology is quickly becoming cheaper and more powerful, interest in deploying drones among police departments is increasing, and our privacy laws are not strong enough to ensure that the new technology will be used responsibly and consistently with democratic values,” reported the ACLU. “In short, all the pieces appear to be lining up for the eventual introduction of routine aerial surveillance in American life.”
Note: For deeper analysis of the threats posed to American citizens by military and police drones in the skies, click here. For information on a federal recent law compelling the Federal Aviation Administration to allow drones to fly in US skies, click here. For more information on the use of drones by police in the US, click here. For lots more from reliable sources on surveillance in the US, click here.
Drone aircraft spy on and attack terrorists with no pilot in harm's way. Small teams of special operations troops quietly train and advise foreign forces. Viruses sent from computers to foreign networks strike silently, with no American fingerprint. It's war in the shadows, with the U.S. public largely in the dark. The high-tech warfare allows Obama to target what the administration sees as the greatest threats to U.S. security, without the cost and liabilities of sending a swarm of ground troops to capture territory; some of them almost certainly would come home maimed or dead. But it also raises questions about accountability and the implications for international norms regarding the use of force outside of traditional armed conflict. "Congressional oversight of these operations appears to be cursory and insufficient," said Steven Aftergood, an expert on government secrecy issues for the Federation of American Scientists, a private group. "It is Congress' responsibility to declare war under the Constitution, but instead it appears to have adopted a largely passive role while the executive takes the initiative in war fighting," Aftergood said in an interview. That's partly because lawmakers relinquished their authority by passing a law just after the Sept. 11 [attacks]. In this shroud of secrecy, leaks to the news media of classified details about certain covert operations have led to charges that the White House orchestrated the revelations to bolster Obama's national security credentials and thereby improve his re-election chances.
Note: For deeper analysis of the threats posed to American citizens by military and police drones in the skies, click here. For information on a federal recent law compelling the Federal Aviation Administration to allow drones to fly in US skies, click here. For more information on the use of drones by police in the US, click here. For lots more from reliable sources on surveillance in the US, click here.
The National Archives is refusing to release 1,171 classified CIA documents related to the assassination [of President John F. Kennedy] in time for the [50th] anniversary as it had promised. In 2010, deputy archivist Michael Kurtz announced that the secret records would be declassified by November 22, 2013. But the National Archives has since [retracted] that promise in a letter to Jim Lesar of the Assassination Archives and Research Center, who requested the release. [This] frustrates Lesar, whose nonprofit is devoted to collecting and disseminating information about political assassinations. "In 1992, Congress unanimously passed legislation that was designed to get all of the JFK assassination-related records released," he said. "There was supposed to be only a very few records whose release could be postponed for periods of time including up until the year 2017, but basically everything was supposed to be released well before then." Of course, the CIA and National Archives won't say exactly what is contained in the documents, not even the number of pages. "The National Archives does not have a page count, but it appears that there are at least several thousand pages that are still being withheld, and they appear to be on some very important subjects." The CIA and National Archives' intransigence certainly doesn't help deflate the bubble of speculation about what really happened at the Grassy Knoll. It's been 49 years. Most of the people involved are dead. What's to hide, unless the government is shown in an embarrassing or criminal light?
Note: See our excellent information center filled with reliable verifiable information on the John Kennedy assassination at this link. For deeply revealing reports from reliable major media sources on the John Kennedy assassination, click here.
There's been a lot of speculation about the cufflinks [JPMorgan Chase CEO] Jamie Dimon wore during [his Congressional] testimony. They caught the eye of folks because they seemed to bear some sort of official government stamp. As it turns out, they were emblazoned with the seal of the President of the United States. CNN's Lizzie O'Leary first confirmed the story last night over Twitter. They were, in fact, a gift from a resident of the White House. But people close to the JPMorgan Chase CEO won't say which president gave them to him. Dimon's got a bunch of official U.S. government cufflinks. Search for images of him and you'll see FBI cufflinks, for example. Was Dimon trying to send any particular message by wearing the presidential cufflinks? Was he, for instance, trying to remind the Democrats he supported Obama? Or subtly hinting that he's really the guy in charge?
Note: For powerful reports on financial corruption, click here.
Even before NATO forces begin leaving Afghanistan, [other countries are] trying to win access to the nation's vast natural resources after Western troops leave. Chief among them are China, Iran and India. For example, in Beijing late last week, Afghan President Hamid Karzai and Chinese President Hu Jintao signed a deal allowing China to pursue mineral resources, energy development and agricultural opportunities. Over the past decade, China has given the Afghan government $246 million in aid -- while spending $3.5 billion to develop a cooper mine there. India ... has won rights to mine iron ore. And Iran ... is promising copious aid and assistance after NATO leaves. Underlying all of this is the discovery that Afghanistan holds at least $1 trillion in untapped natural resources, including oil, cobalt, iron ore, gold and precious metals, among them lithium, used to power batteries. An internal Pentagon memo, now widely quoted, calls Afghanistan "the Saudi Arabia of lithium."
The Obama administration is the most forceful, vigilant and merciless in cracking down on whistle-blowers and leakers in nearly a century. The liberal law professor in the White House is no softie when it comes to punishing voices who undercut his pronouncements and policies. Since 1917, when the Espionage Act was passed to safeguard national secrets, prior presidents have brought three cases. Since taking office, Obama has used the law six times. In most of these cases, the White House went after whistle-blowers and leakers whose claims embarrassed the Obama administration. Examples of such prosecutions include the massive WikiLeaks disclosure of some 250,000 diplomatic cables along with lesser-known instances such as information about rough interrogations and botched computer operations. The common thread: The White House looked bad. Similar prosecution could happen again with the drone and cyber-war stories, but don't count on it. In these two cases, the results enhanced Obama's image, a result that won't draw presidential ire. Also, the news accounts that showed the president in charge of drone targets and approving a computer-jamming worm didn't disclose direct intelligence details or names. But there's a disturbing pattern, especially as the November election draws closer. This White House is bothered by the ever-present suggestion that it's weak on terrorism or hesitant to look tough against looming enemies - and it's willing to go to extraordinary means to pursue leaks of unflattering stories.
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Rep. Darrell Issa [contends] that the Department of Justice in Washington and perhaps the Obama White House were aware of the flawed tactics in the ATF’s Fast and Furious gun-tracking operation in Arizona that allowed more than 2,000 firearms to “walk” into the hands of Mexican drug cartels. A month before the operation was stopped, U.S. Border Patrol Agent Terry was killed in a December 2010 shootout and two Fast and Furious weapons were discovered at the crime scene between the Mexican border and Tucson. Scores of more weapons have been found at violent crimes in Mexico. Issa contends [that] wiretap documents, signed by top Justice officials in support of Fast and Furious, are proof that administration officials knew the tactics were flawed and should have stopped the operation long before the agent and others were killed. “The tactics of Fast and Furious were known,” he said. “They were known and are contained in these wiretaps.” Issa said he obtained the materials from “a furious group of whistle-blowers” who are angry with the Justice Department and Atty. Gen. Eric H. Holder Jr. for not providing more material to Issa’s investigation into Fast and Furious. The whistle-blowers, he told Holder at the hearing, “are tired of your stonewalling.”
Note: For a seven-minute CNBC video with more revealing information on this, click here. For more on Fast and Furious, click here.
New evidence shows that the September 11th activities of former President George W. Bush, Vice President Dick Cheney, and Defense Secretary Donald Rumsfeld were falsely reported by official sources. The 20-member 9/11 Consensus Panel analyzed evidence from press reports, FOIA requests, and archived 9/11 Commission file documents to produce eight new studies, released today. The international panel also [determined] that four massive aerial practice exercises traditionally held in October were in full operation on 9/11. The largest, Global Guardian, held annually by NORAD and the U.S. Strategic and Space Commands, had originally been scheduled for October 22-31 but was moved, along with Vigilant Guardian, to early September. Although senior officials claimed no one could have predicted [the use of] hijacked planes as weapons, the military had been practicing similar exercises on 9/11 itself -- and for years before it. Official sources claimed neither Bush, Cheney, Rumsfeld, Joint Chiefs of Staff Acting Chairman General Richard Myers (filling in for General Hugh Shelton), nor war-room chief General Montague Winfield were available to take command until well after the Pentagon was struck about 9:37. Yet emerging documents and memoirs show that top leaders were engaged earlier -- and later discussed a shootdown of [United Airlines] Flight 93 before debris was scattered widely around its alleged Shanksville, Pennsylvania crash site. Most intriguing is the mystery of who was running the Pentagon's war-room during the critical early hours.
Note: To examine the evidence presented by the 9/11 Consensus Panel which refutes the questionable accounts of the whereabouts and activities of key political and military leaders provided by The 9/11 Commission Report, as well as the best evidence concerning other claims of the official story of 9/11, click here.
The Kuala Lumpur Tribunal's indictment of President George W. Bush and his deputies for war crimes sets a new precedent. The [tribunal] ruled in the second week of May that George W. Bush, former President of the United States, and six members of his administration were guilty of war crimes. The tribunal, after recording eyewitness accounts of torture victims in a trial that lasted five days, pronounced that Bush, his Vice-President, Dick Cheney, Defence Secretary Donald Rumsfeld and five senior officials who had sought to provide legal cover for the [invasions of Afghanistan and Iraq] were guilty of “war crimes”. The American invasion of Iraq and Afghanistan has resulted in the death of more than a million people.. Richard Falk, Professor Emeritus of International Law at Princeton University, observed that [only] leaders from countries that opposed the interests of the West were held accountable to international criminal law. He pointed out that the ICC's Special Court on Sierra Leone had been financed by the U.S., Canada, the U.K. and the Netherlands. Companies from these countries have big interests in the diamond trade. With Taylor now out of the scene, Western companies are back in the lucrative diamond trade. Falk ... observed that the U.S., more than any other country in the world, “holds itself self-righteously aloof from accountability on the main ground that any judicial process might be tainted by political motivations”. The U.S. has signed with over 100 countries agreements that prohibit the handing over of any U.S. citizen to the ICC.
Note: For an insightful analysis of the cooptation of the ICC by imperial powers, click here.
Could we be overlooking profound questions and truths about the again-rising likelihood of the decimation or the end of life on Earth in an H-bomb holocaust? The actual and prospective nuclear policy and practice of the United States, Israel and Britain has moved from the nuclear disarmament promised in the Nuclear Nonproliferation Treaty into attacking nations that ... insist on getting the same weapons we have. More nations keep getting the H-bomb and the systems to deliver it wherever they want to. There is still no international control of these weapons that can end life on Earth. Jonathan Schell reports in The Seventh Decade that 50 more nations know how to make H-bombs. It’s a secret no more. Why are possibly apocalyptic facts about them blocked from us by nine systems of military secrecy? For just one example, does Israel, as indicated in Ron Rosenbaum’s recent well-sourced book How the End Begins, have five German-made nuclear-armed submarines in the Mediterranean poised to fire H-bombs in retaliation even if Israel’s leadership has been “decapitated”? The U.S. should be leading the world toward “near zero” or the abolition of these weapons. We should be challenging our officials and military for risking our deaths, the lives of our fellow human beings and our national honor by keeping, maintaining and implicitly threatening to use our own weapons of mass murder.
Note: For deeply revealing reports from reliable major media sources on corruption in the nuclear power and weapons industries, click here.
Slashing spending while the economy is deeply depressed is a self-defeating strategy, because it just deepens the depression. So why is Britain doing exactly what it shouldn’t? Unlike the governments of, say, Spain or California, the British government can borrow freely, at historically low interest rates. So why is that government sharply reducing investment and eliminating hundreds of thousands of public-sector jobs, rather than waiting until the economy is stronger? The great American economist Irving Fisher explained it all the way back in 1933, summarizing what he called “debt deflation” with the pithy slogan “the more the debtors pay, the more they owe.” Recent events, above all the austerity death spiral in Europe, have dramatically illustrated the truth of Fisher’s insight. So why have so many politicians insisted on pursuing austerity in [the] slump? And why won’t they change course even as experience confirms the lessons of theory and history? When you push “austerians” ... they almost always retreat to assertions along the lines of: “But it’s essential that we shrink the size of the state.” These assertions often go along with claims that the economic crisis itself demonstrates the need to shrink government. So the austerity drive in Britain isn’t really about debt and deficits at all; it’s about using deficit panic as an excuse to dismantle social programs. And this is, of course, exactly the same thing that has been happening in America.
Note: For lots more on the devastating impacts created by the corruption of governments and financial corporations, click here.
Last year’s tsunami disaster in Japan clouded the nation’s nuclear future, idled its reactors and rendered its huge stockpile of plutonium useless for now. So, the industry’s plan to produce even more has raised a red flag. Nuclear industry officials say they hope to start producing a half-ton of plutonium within months, in addition to the more than 35 tons Japan already has stored around the world. That’s even though all the reactors that might use it are either inoperable or offline while the country rethinks its nuclear policy after the tsunami-generated Fukushima crisis. “It’s crazy,” said Princeton University professor Frank von Hippel, a leading authority on nonproliferation issues and a former assistant director for national security in the White House Office of Science and Technology. “There is absolutely no reason to do that.” Japan’s nuclear industry produces plutonium — which is strictly regulated globally because it also is used for nuclear weapons — by reprocessing spent, uranium-based fuel in a procedure aimed at decreasing radioactive waste that otherwise would require long-term storage. Fuel reprocessing remains unreliable and it is questionable whether it is a viable way of reducing Japan’s massive amounts of spent fuel rods, said Takeo Kikkawa, a Hitotsubashi University professor specializing in energy issues. “Japan should abandon the program altogether,” said Hideyuki Ban, co-director of a respected anti-nuclear Citizens’ Nuclear Information Center. “Then we can also contribute to the global effort for nuclear non-proliferation.”
Note: For a state-of-the-art analysis revealing that radioactive fallout from the Fukushima meltdown is at least as big as Chernobyl and more global in reach, click here.
For the past 16 years, I have spent at least 22 1/2 hours of every day completely isolated within a tiny, windowless cell in the Security Housing Unit at California's Pelican Bay State Prison in Crescent City. Eighteen years ago, I committed the crime that brought me here: burgling an unoccupied dwelling. Under the state's "three strikes" law, I was sentenced to between 25 years and life in prison. The circumstances of my case are not unique; in fact, about a third of Pelican Bay's 3,400 prisoners are in solitary confinement; more than 500 have been there for 10 years, including 78 who have been here for more than 20 years. Unless you have lived it, you cannot imagine what it feels like to be by yourself, between four cold walls, with little concept of time, no one to confide in, and only a pillow for comfort - for years on end. It is a living tomb. I eat alone and exercise alone in a small, dank, cement enclosure known as the "dog-pen."I have not been allowed physical contact with any of my loved ones since 1995. I have developed severe insomnia, I suffer frequent headaches, and I feel helpless and hopeless. In short, I am being psychologically tortured. Now fellow SHU inmates and I have joined together with the Center for Constitutional Rights in a federal lawsuit that challenges this treatment as unconstitutional. I understand I broke the law, and I have lost liberties because of that. But no one, no matter what they've done, should be denied fundamental human rights, especially when that denial comes in the form of such torture. Our Constitution protects everyone living under it; fundamental rights must not be left at the prison door.
Note: For more on the unbridled cruelty and corruption of the prison-industrial complex, click here.
Dick Lehr is the co-author of the book Black Mass: Whitey Bulger, the FBI, and a Devil’s Deal. First published in 2001, the book has undergone a number of revisions as the story of Bulger and the FBI has unfolded. Its latest revision has been published this month. Lehr and his co-author Gerry O’Neill are former reporters for the Boston Globe, whose ... report in September 1988 on the tale of the two Bulger brothers first raised the issue in public of Bulger’s “special relationship” to the FBI. Dick Lehr: [Whitey Bulger] goes down into history as one of the 20th century’s most notorious gangsters. He did something no other gangster that we know of has ever done and that’s compromise the FBI, bring it to its knees, not just in a single case, but as a way of life. He had sold everybody a story that would explain why someone might see him and [FBI agent John] Connolly. And that was that Connolly was their source, that it was one-way, and that Connolly was a corrupted agent, which was true, but it didn’t tell the whole story. But it did become Whitey’s cover. So if anybody ever saw him with Connolly and asked, ‘Hey what are you doing with that FBI guy?’ Whitey could say, ‘Hey, that’s my guy — he’s my rat.’ Throughout a lifetime he’s strategically always been able to anticipate and plant seeds in the event something happens down the road and he’s already a step ahead in terms of everyone, strategy and analysis.
Note: To go much deeper into this bizarre story of FBI strangeness, read the interview in the Boston Globe at this link. And for additional reliable information on intense corruption in intelligence agencies, click here.
Important Note: Explore our full index to key excerpts of revealing major media news articles on several dozen engaging topics. And don't miss amazing excerpts from 20 of the most revealing news articles ever published.