Government Corruption News Stories

Excerpts of Key Government Corruption News Stories in Major Media

Below are key excerpts of revealing news articles on government corruption from reliable news media sources. If any link fails to function, a paywall blocks full access, or the article is no longer available, try these digital tools.

Note: This comprehensive list of news stories is usually updated once a week. Explore our full index to revealing excerpts of key major media news stories on several dozen engaging topics. And don't miss amazing excerpts from 20 of the most revealing news articles ever published.

India declared a 21-day lockdown with four hours notice on the midnight of 24 March to prevent the spread of coronavirus. All over India, millions of migrant workers are fleeing its shuttered cities and trekking home to their villages. These informal workers are the backbone of the big city economy. Escaping poverty in their villages, most of the estimated 100 million of them live in squalid housing in congested urban ghettos. Last week's lockdown turned them into refugees overnight. Their workplaces were shut, and most employees and contractors who paid them vanished. Sprawled together, men, women and children began their journeys at all hours of the day last week. When the children were too tired to walk, their parents carried them on their shoulders. Clearly, a lockdown to stave off a pandemic is turning into a humanitarian crisis. In the end, India is facing daunting and predictable challenges in enforcing the lockdown and also making sure the poor and homeless are not fatally hurt. India has already announced a $22bn relief package for those affected by the lockdown. The next few days will determine whether the states are able to transport the workers home or keep them in the cities and provide them with food and money. "People are forgetting the big stakes amid the drama of the consequences of the lockdown: the risk of millions of people dying," says Nitin Pai of Takshashila Institution, a prominent think tank. "There too, likely the worst affected will be the poor."

Note: In how many countries besides India is this scenario playing out? For more along these lines, see concise summaries of deeply revealing news articles on government corruption and the coronavirus pandemic from reliable major media sources.

A shouting match broke out in the White House Situation Room between Health and Human Services Secretary Alex Azar and an Office of Management and Budget official. Azar had asked OMB ... for $2 billion to buy respirator masks and other supplies for a depleted federal stockpile of emergency medical equipment. The relief package enacted Friday secured $16 billion for the Strategic National Stockpile. States desperate for materials from the stockpile are encountering a beleaguered system beset by years of underfunding, changing lines of authority, confusion over the allocation of supplies and a lack of transparency from the administration. The stockpile holds masks, drugs, ventilators and other items in secret sites around the country. It has become a source of growing frustration for many state and hospital officials who are having trouble buying — or even locating — crucial equipment on their own. Massachusetts ... has received 17 percent of the protective gear it requested. Maine requested a half-million N95 specialized protective masks and received 25,558 — about 5 percent of what it sought. Florida has been an exception in its dealings with the stockpile: The state submitted a request on March 11 for 430,000 surgical masks, 180,000 N95 respirators, 82,000 face shields and 238,000 gloves, among other supplies — and received a shipment with everything three days later. President Trump repeatedly has warned states not to complain about how much they are receiving.

Note: This 2018 Washington Post article raises many questions about the secret U.S. stockpile. For more along these lines, see concise summaries of deeply revealing news articles on government corruption and the coronavirus pandemic from reliable major media sources.

The coronavirus financial aid package that landed on President Trump’s desk last week included a $500 billion corporate-loan fund that contained a major downside for his administration: Congressional Democrats had pushed for increased oversight of the loans, with a federal investigator designated to report to lawmakers on uses of the funding. So Trump, in endorsing the legislation Saturday, turned to a device he has used in record numbers during his tenure, the presidential “signing statement”. He signed the bill into law, but in the accompanying statement, he said he would not be bound by provisions that interfered with executive authority. Trump said he would not allow an inspector general to report to Congress because the Constitution, in his view, requires “presidential supervision” of such information. Using the signing statement to get his way with Congress is a familiar maneuver for Trump. It was at least the 769th signing statement Trump has issued since he took office. President George W. Bush, who produced more signing statements than all previous presidents combined, issued 750 in his first term. The disputes that arise between presidents and Congress because of executive signing statements could be resolved by the courts. But members of Congress have generally been unwilling to file suit, and it is difficult to find private citizens who can ... establish legal standing. Unless a court says otherwise, the president, not Congress, will have the last word on the $500 billion loan fund.

Note: For more along these lines, see concise summaries of deeply revealing news articles on government corruption from reliable major media sources.

The amount of money spent in one year by the U.S. on nuclear weapons could instead provide 300,000 ICU (intensive care unit) beds, 35,000 ventilators and 75,000 doctors' salaries, according to the International Campaign to Abolish Nuclear Weapons (ICAN) - a "coalition of non-government organizations promoting adherence to and implementation of the UN [United Nations} nuclear weapon ban treaty." In its recent report, the group stated that, according to armscontrol.org, the U.S. spent $35.1 billion on nuclear weapons in 2019. As the number of confirmed COVID-19 cases increases, more resources are required. The shortage of ventilators in U.S. hospitals has ... been a major issue during the coronavirus pandemic. During a recent interview with Vox, Dr. Tom Freiden, former head of the Centers for Disease Control and Prevention (CDC), stated that "in the worst-case scenario, in which there is an exponential surge in COVID-19 cases, the need for ventilators could greatly outstrip the number available." In addition to the shortage, the cost of the ventilators has also become a problem for hospitals. They can cost between $25,000 to $50,000 and require very skilled people to run them. The report published by ICAN also touches on the nuclear spending costs of the United Kingdom and France. For instance, France spent around $4.9 million on nuclear weapons in 2019. This amount ... would translate to 100,000 ICU beds, 10,000 ventilators and the salaries of 20,000 French nurses and 10,000 French doctors.

Note: Read this Washington Post article about a secret stockpile which could be used now. For more along these lines, see concise summaries of deeply revealing news articles on the coronavirus pandemic from reliable major media sources.

How was Congress able to come up with $2 trillion so quickly? Where is the money coming from? On Friday, the House of Representatives, led by Speaker Nancy Pelosi ... waved away that question, preparing to rubber-stamp a $2 trillion Senate package aimed at staving off economic collapse. The details of the legislation — particularly the $500 billion, strings-optional corporate slush fund — may be shameful ... but the moment is instructive ... as it became clear that concerns about deficits and revenue had evaporated. Congress has ignored millions of people who have existed in a state of crisis for decades. The people of Flint, Michigan, (and elsewhere) still do not have safe drinking water. Millions of kids go hungry each day. There has been no multitrillion-dollar spending bill to combat these and other domestic emergencies. Instead, lawmakers have deprived communities of critical investments that could have attenuated their emergencies, often hiding behind the excuse that there isn’t enough money in the budget to deal with problems like these. Congress is doing now what it could always have done. Uncle Sam can’t run out of dollars. The U.S. government is the issuer of our currency — the U.S. dollar — which means that ... it can never find itself in a situation in which it has bills coming due that it can’t afford to pay. If the votes are there, the money can always be made available. When all of this is behind us, to the extent that it ever can be, let’s not forget what we’ve learned.

Note: The entire article at the link above raises important questions about why Congress hasn't made more money available in the past for much needed support of a variety of important programs. The author, Stephanie Kelton, served as the chief economist for Democrats on the U.S. Senate Budget Committee. For more along these lines, see concise summaries of deeply revealing news articles on banking and financial corruption from reliable major media sources. Then explore the excellent, reliable resources provided in our Banking Corruption Information Center.

The Trump Department of Justice has asked Congress to craft legislation allowing chief judges to indefinitely hold people without trial and suspend other constitutionally-protected rights during coronavirus and other emergencies, according to a report by Politico. The DOJ has requested Congress allow any chief judge of a district court to pause court proceedings “whenever the district court is fully or partially closed by virtue of any natural disaster, civil disobedience, or other emergency situation,” according to draft language obtained by Politico. This would be applicable to “any statutes or rules of procedure otherwise affecting pre-arrest, post-arrest, pre-trial, trial, and post-trial procedures in criminal and juvenile proceedings and all civil processes and proceedings.” But the Constitution grants citizens habeas corpus which gives arrestees the right to appear in front of a judge and ask to be released before trial. Enacting legislation like the DOJ wants would essentially suspend habeas corpus indefinitely until the emergency ended. Further, DOJ asked Congress to suspend the statute of limitations on criminal investigations and civil proceedings during the emergency until a year after it ended. That means you could be arrested and never brought before a judge until they decide that the emergency or the civil disobedience is over. The DOJ ... also asked Congress to pass a law saying that immigrants who test positive for COVID-19 cannot qualify as asylum seekers.

Note: For more along these lines, see concise summaries of deeply revealing news articles on the coronavirus pandemic and the erosion of civil liberties from reliable major media sources.

California has prepared for worst case scenarios as the coronavirus pandemic heightens, including the possibility of enacting martial law. Governor Gavin Newsom said during a press conference on Tuesday he would consider implementing martial law if it was necessary to curb the novel virus. “We have the ability to do martial law ... if we feel the necessity,” he said. Issuing martial law would be an unprecedented move rarely used by officials in US history. If enacted, it would temporarily replace civil rule with military authority. The precedent for martial law in the US states “certain civil liberties may be suspended, such as the right to be free from unreasonable searches and seizures, freedom of association, and freedom of movement,” according to a legal journal. The president and Congress have the power to enact martial law for the entire country. State governors also have the power to enact martial law if its in their state’s constitution. Previous examples of martial law used include after World War II, specifically following the bombing of Pearl Harbour, when the state of Hawaii was held under martial law from 1941 to 1944. President Abraham Lincoln also used martial law during the Civil War to temporarily suspend habeas corpus, which is the right to a trial before imprisonment. California considering the possibility of using martial law on Tuesday comes just two days after the governor said he had no current plans for the measure.

Note: For more along these lines, see concise summaries of deeply revealing news articles on the coronavirus pandemic and the erosion of civil liberties from reliable major media sources.

My adulthood has been punctuated by severe national emergencies. The first my generation experienced was the terrorist attack on September 11, 2001. The government quickly responded by attempting to achieve two things: one, expanding executive power, and two, transferring public wealth into private corporations. The second national emergency my generation experienced was the 2008 housing bubble collapse and subsequent recession. Again the federal government ... sought to exploit the crisis to move vast wealth from the public treasury into private bank accounts. A staggering $14tn was transferred from taxpayers to private hands. [The] latest iteration is the Covid-19 pandemic. Once again, the federal government appears poised to exploit this emergency to expand executive power and move wealth from the public treasury into private bank accounts. As we witnessed with the authoritarian reactions to 9/11, emergency violations of civil liberties are not easily rolled back, and often aggregate over time. In the wake of 9/11, Congress passed the National Defense Authorization Act, which gave sweeping powers to the executive branch. In 2012, Obama signed an expanded version into law, which gave the president the power to “hold individuals, including US citizens, in military detention indefinitely”, which means for life. We must reject such authoritarian measures wholly.

Note: For more along these lines, see concise summaries of deeply revealing news articles on government corruption and the erosion of civil liberties from reliable major media sources.

Safety concerns at a prominent military germ lab have led the government to shut down research involving dangerous microbes. “Research is currently on hold,” the United States Army Medical Research Institute of Infectious Diseases, in Fort Detrick, Md., said in a statement. The Centers for Disease Control and Prevention decided to issue a “cease and desist order” last month to halt the research at Fort Detrick because the center did not have “sufficient systems in place to decontaminate wastewater” from its highest-security labs. The C.D.C. cited “national security reasons” as the rationale for not releasing information about its decision. The institute is a biodefense center that studies germs and toxins that could be used to threaten the military or public health, and also investigates disease outbreaks. The problems date back to May 2018, when storms flooded and ruined a decades-old steam sterilization plant that the institute had been using to treat wastewater from its labs. The damage halted research for months, until the institute developed a new decontamination system using chemicals. The new system required changes in certain procedures. During an inspection in June, the C.D.C. found that the new procedures were not being followed. Inspectors also found mechanical problems with the chemical-based decontamination system, as well as leaks. In 2009, research at the institute in Fort Detrick was suspended because it was storing pathogens not listed in its database.

Note: Check out credible evidence that links the Fort Detrick lab shutdown with the start of the Coronavirus outbreak on this webpage. For more along these lines, see concise summaries of deeply revealing news articles on government corruption from reliable major media sources.

Investment bankers have pressed health care companies on the front lines of fighting the novel coronavirus, including drug firms developing experimental treatments and medical supply firms, to consider ways that they can profit from the crisis. The largest voices in the health care industry stand to gain from billions of dollars in emergency spending on the pandemic, as do the bankers and investors who invest in health care companies. Over the past few weeks, investment bankers have been candid on investor calls and during health care conferences about the opportunity to raise drug prices. Executives joked about using the attention on Covid-19 to dodge public pressure on the opioid crisis. Health and Human Services Secretary Alex Azar previously served as president of the U.S. division of drug giant Eli Lilly and on the board of the Biotechnology Innovation Organization, a drug lobby group. During a congressional hearing ... Azar rejected the notion that any vaccine or treatment for Covid-19 should be set at an affordable price. "We can't control that price because we need the private sector to invest," said Azar. "The priority is to get vaccines and therapeutics. Price controls won't get us there." The initial $8.3 billion coronavirus spending bill passed in early March ... contained a provision that prevents the government from delaying the introduction of any new pharmaceutical to address the crisis over affordability concerns. The legislative text was shaped, according to reports, by industry lobbyists.

Note: For more along these lines, see concise summaries of deeply revealing news articles on the coronavirus pandemic and Big Pharma profiteering from reliable major media sources.

Before the coronavirus virus crushed the US stock market, the Republican senator Richard Burr apparently used information he gleaned from his role as chairman of the Senate intelligence committee about the ferocity of the coming pandemic to unload 33 stocks held by him and his spouse. They were estimated at being worth between $628,033 and $1.72m. While publicly parroting Trump’s happy talk at the time, Burr confided to several of his political funders that the disease would be comparable to the deadly 1918 flu pandemic. When society faces a common threat, exploiting a special advantage is morally repugnant. Call it “Burring”. The coronavirus should have altered business as usual. But last week’s Senate Republican relief package, giving airlines $58bn and billions more to other industries, is pure Burring. Walmart, the largest employer in America, doesn’t give its employees paid sick leave. 88% of Walmart employees report sometimes coming to work when sick. None of the giants of the fast-food industry – McDonald’s, Burger King, Pizza Hut, Duncan Donuts, Wendy’s, Taco Bell, Subway – gives their workers paid sick leave, either. Amazon, one of the richest corporations in the world, which paid almost no taxes last year, is offering unpaid time off for workers who are sick. These corporations have made sure they and other companies with more than 500 employees are exempt from the requirement in the House coronavirus bill that employers provide paid sick leave.

Note: Read a New York Times article for further information on how Senator Burr, the head of the US Senate Intelligence Committee, after being briefed of impending disaster, unloaded $1 million in investments while telling the public everything was fine. Read an article in The Atlantic showing how the Coronavirus is giving the world's leaders a rich opportunity for a power grab. For more along these lines, see concise summaries of deeply revealing news articles on the coronavirus pandemic from reliable major media sources.

The latest threat to global health is the ongoing outbreak of the respiratory disease that was recently given the name Coronavirus Disease 2019 (Covid-19). The Covid-19 outbreak has posed critical challenges for the public health, research, and medical communities. In their Journal article, Li and colleagues provide a detailed clinical and epidemiologic description of the first 425 cases reported in the epicenter of the outbreak: the city of Wuhan in Hubei province, China. A degree of clarity is emerging from this report. The median age of the patients was 59 years, with higher morbidity and mortality among the elderly and among those with coexisting conditions (similar to the situation with influenza). Of note, there were no cases in children younger than 15 years of age. Li et al. report a mean interval of 9.1 to 12.5 days between the onset of illness and hospitalization. On the basis of a case definition requiring a diagnosis of pneumonia, the currently reported case fatality rate is approximately 2%. In another article in the Journal, Guan et al. report mortality of 1.4% among 1099 patients with laboratory-confirmed Covid-19; these patients had a wide spectrum of disease severity. If one assumes that the number of asymptomatic or minimally symptomatic cases is several times as high as the number of reported cases, the case fatality rate may be considerably less than 1%. This suggests that the overall clinical consequences of Covid-19 may ultimately be more akin to those of a severe seasonal influenza (which has a case fatality rate of approximately 0.1%) or a pandemic influenza (similar to those in 1957 and 1968) rather than a disease similar to SARS or MERS, which have had case fatality rates of 9 to 10% and 36%, respectively.

Note: The main author of this article, Anthony S. Fauci, is the director of the U.S. National Institute of Allergy and Infectious Diseases. Consider the research of 12 other experts questioning the coronavirus panic. Explore also this excellent article which covers key, vitally important aspects of this pandemic that few have considered. For more along these lines, see concise summaries of deeply revealing news articles on coronavirus pandemic from reliable major media sources.

Even as President Trump says he tested negative for coronavirus, the COVID-19 pandemic raises the fear that huge swaths of the executive branch or even Congress and the Supreme Court could also be disabled, forcing the implementation of "continuity of government" plans. Above-Top Secret contingency plans already exist for what the military is supposed to do if all the Constitutional successors are incapacitated. Standby orders were issued more than three weeks ago to ready these plans, not just to protect Washington but also to prepare for the possibility of some form of martial law. The various plans – codenamed Octagon, Freejack and Zodiac – are the underground laws to ensure government continuity. Under these extraordinary plans, "devolution" could circumvent the normal Constitutional provisions for government succession, and military commanders could be placed in control around America. Since Hurricane Katrina in 2006, no emergency has triggered any state to even request federal military aid under these procedures. Part of the reason, the senior officer involved in planning says, is that local police forces have themselves become more capable, acquiring military-grade equipment and training. And part of the reason is that the governors have worked together to strengthen the National Guard, which can enforce domestic law when it is mustered under state control.

Note: For more along these lines, see concise summaries of deeply revealing news articles on the coronavirus pandemic from reliable major media sources.

Pharmaceutical companies are under the spotlight with congressional hearings on the cost of drug prices and allegations of the industry’s role in the opioid crisis. Dr. Raeford Brown, a pediatric anesthesia specialist ... and chair of the Food and Drug Administration (FDA) Committee on Analgesics and Anesthetics, has been openly critical of big pharma and the lack of proper oversight from the FDA. Despite many politicians, particularly declared presidential candidates, beginning to speak out against big pharma, Brown does not think that anything will come out of it “because Congress is owned by pharma.” “The pharmaceutical industry pours millions of dollars into the legislative branch every single year,” he [said]. “In 2016, they put $100 million into the elections. That’s a ton of money.” OpenSecrets, a website operated by the nonpartisan Center for Responsive Politics, tracks money in U.S. politics. It ranked the top 20 members of the House and the Senate that have received the most campaign contributions from the pharmaceutical and health products industry. Kevin McCarthy, now the House minority leader after midterms, received ... a total of $380,350 in campaign contributions, with a large sum coming from pharma companies. “Congress is supposed to have oversight for the FDA,” Brown said. “If the FDA isn’t going to hold pharma accountable, and Congress is getting paid to not hold pharma accountable, then it really doesn’t matter who the president is because it’s really about Congress.”

Note: Learn more on how big Pharma controls politicians in this very well researched video. For more along these lines, see concise summaries of deeply revealing news articles on government corruption and Big Pharma profiteering from reliable major media sources.

Erik Prince, the security contractor with close ties to the Trump administration, has in recent years helped recruit former American and British spies for secretive intelligence-gathering operations that included infiltrating Democratic congressional campaigns, labor organizations and other groups considered hostile to the Trump agenda. One of the former spies, an ex-MI6 officer named Richard Seddon, helped run a 2017 operation to copy files and record conversations in a Michigan office of ... one of the largest teachers unions in the nation. The next year, the same undercover operative infiltrated the congressional campaign of Abigail Spanberger, then a former C.I.A. officer who went on to win an important House seat in Virginia as a Democrat. Both operations were run by Project Veritas, a conservative group that has gained attention using hidden cameras and microphones for sting operations. Mr. Prince, the former head of Blackwater Worldwide ... appears to have become interested in using former spies to train Project Veritas operatives in espionage tactics sometime during the 2016 presidential campaign. In 2017, he met with White House and Pentagon officials to pitch a plan to privatize the Afghan war. Mr. Prince invited Project Veritas operatives ... to his familys Wyoming ranch for training in 2017. [They] shared social media photos of taking target practice with guns at the ranch, including one post ... saying that with the training, Project Veritas will be the next great intelligence agency.

Note: Mr. Prince's Blackwater operation got caught systematically defrauding the government. Then Blackwater changed its name to Academi and made over $300 million off the Afghan drug trade. For more along these lines, see concise summaries of deeply revealing news articles on corporate corruption from reliable major media sources.

Federal investigators on Thursday found a loaded gun that had been smuggled into the Manhattan jail where the financier Jeffrey Epstein hanged himself last summer while awaiting trial on sex-trafficking charges, officials said. The discovery of the gun at the jail, the Metropolitan Correctional Center, came amid a weeklong lockdown that began with a tip that a firearm might have been “introduced” into the building, according to a statement from the federal Bureau of Prisons. The gun was found in one of the jail’s housing units, the bureau said. The Metropolitan Correctional Center and other federal prisons across the United States have been dealing with rising levels of violence and other safety problems, including an influx of contraband. The problems have coincided with a push by the Trump administration, in its quest to shrink the federal government, to curtail prison hiring, according to a 2018 investigation by The New York Times. In at least one prison, The Times found, people regularly walked up to the double security fence in broad daylight, and, with no guards in sight, tossed weapons, drugs, cellphones and other items to inmates. But a gun is a rare and unique threat. The lockdown and ensuing search were part of the continuing fallout stemming from the suicide of Mr. Epstein in August. Lawyers for Mr. Epstein have challenged the New York City medical examiner’s finding that his death was a suicide.

Note: For more along these lines, see concise summaries of deeply revealing news articles on prison system corruption and Jeffrey Epstein from reliable major media sources.

President Donald Trump on Tuesday called for two liberal Supreme Court justices to recuse themselves from cases involving him following a scathing dissent issued by one of them, blasting the justices as the court considers a number of cases critical to his presidency. "I just don't know how they can't recuse themselves for anything having to do with Trump or Trump-related," Trump said of Justices Sonia Sotomayor and Ruth Bader Ginsburg during a trip to India. "Her statement was so inappropriate when you're a justice of the Supreme Court," he said of Sotomayor, who was appointed to the court by President Barack Obama. Sotomayor castigated the government for repeatedly asking justices on an emergency basis to allow controversial policies to go into effect and charged her conservative colleagues on the court with being too eager to side with the Trump administration on such requests. While Sotomayor's dissent targeted the federal government -- not The Trump administration per se -- she was speaking about the recent uptick in emergency petitions concerning many of the President's policies. And her criticism of her conservative colleagues was pointed. Sotomayor wrote that granting emergency applications often upends "the normal appellate process" while "putting a thumb on the scale in favor of the party that won." Targeting her conservative colleagues, she said "most troublingly, the court's recent behavior" has benefited "one litigant over all others."

Note: For more along these lines, see concise summaries of deeply revealing news articles on judicial system corruption from reliable major media sources.

I wonder how many of the readers remember the WHO’s pandemic alert on swine ‘flu some years ago? When the WHO was proactive to announce a pandemic then without any scientific justifications I was the one who wrote that that was a business stunt! People did not believe and the British Medical Journal rejected my paper. After one long year what I had predicted came true. Council of Europe Health Committee Chairman Dr. Wolfgang Wodarg said that the declaration of a swine flu pandemic was a false alarm. “There are many signs that there is close cooperation between the WHO and pharmaceutical companies. We have to find out whether there was pressure or whether there was money given as an incentive to the WHO to have this pandemic declared,” Dr. Wolfgang Wodarg adds. To give a simple example of the swine flu drug Tamiflu when given to a million people, 45,000 will experience vomiting, 31,000 will experience headache and 11,000 will have psychiatric side-effects. These figures might be insignificant if Tamiflu cures swine flu. That is not the case. Raising the fear levels in society is the surest way of depressing their immune system! This is good for business. With people’s immune system depressed they are prone to all kinds of infections. What follows next is the usual history. Greedy drug companies will now vie with each other to produce a vaccine. Vaccination is big business. This pattern goes on and on as long as money and medicine are related.

Note: For more along these lines, see concise summaries of deeply revealing news articles on Big Pharma corruption from reliable major media sources.

The Federal Reserve moved with unprecedented force and speed Friday to pump huge amounts of cash into the financial system to ease disruptions that have escalated since the viral outbreak. The New York Federal Reserve Bank said it will offer $1 trillion of overnight loans a day through the end of this month to large banks. That is in addition to $1 trillion in 14-day loans it is offering every week. Wall Street analysts say the huge number is intended to calm markets by demonstrating that the Fed’s ability to lend short-term is nearly unlimited. The Fed is also buying Treasury bonds at a furious pace, and will soon run through the $500 billion in purchases it announced on Sunday. It is also accelerating its purchases of mortgage-backed securities. Most analysts expect they will buy more. All the Fed’s emergency steps are intended to pump cash into a financial system that has seen a spike in demand for dollars. Steven Friedman, a former economist at the New York Fed, [said] “The Fed is trying to play the role of shock absorber.” “They’ve effectively thrown the kitchen sink at the markets and the economy,” said Gennadiy Goldberg, senior U.S. rates strategist for TD Securities. Also Friday, the Fed said it would expand its currency exchanges with five central banks. The Fed provides dollars to overseas central banks because some business is conducted overseas in dollars and foreign banks also provide dollar-denominated loans to their customers.

Note: Take $1 trillion and divide it by the U.S. population of 330 million and you find that this amount is equivalent to $3,000 for every man, woman, and child in the US. And that is what the Fed is lending every day. Where is all this money coming from, and why is it going to the banks? For more along these lines, see concise summaries of deeply revealing news articles on the coronavirus from reliable major media sources. Then explore the excellent, reliable resources provided in our Banking Information Center.

The World Health Organization [is facing] charges that the agency deliberately fomented swine flu hysteria. The Parliamentary Assembly of the Council of Europe (PACE) ... is publicly investigating the WHO's motives in declaring a pandemic. The chairman of its influential health committee, epidemiologist Wolfgang Wodarg, has declared that the "false pandemic" is "one of the greatest medicine scandals of the century." Even within the agency, the director of the WHO Collaborating Center for Epidemiology ... Dr. Ulrich Kiel, has essentially labeled the pandemic a hoax. "We are witnessing a gigantic misallocation of resources [$18 billion so far] in terms of public health," he said. The pandemic declaration [reflects] sheer dishonesty motivated not by medical concerns but political ones. Unquestionably, swine flu has proved to be vastly milder than ordinary seasonal flu. It kills at a third to a tenth the rate, according to [CDC] estimates. Did the WHO have any indicators of this mildness when it declared the pandemic in June? Absolutely. We were then fully 11 weeks into the outbreak and swine flu had only killed 144 people worldwide--the same number who die of seasonal flu worldwide every few hours. (An estimated 250,000 to 500,000 per year by the WHO's own numbers.) The agency was losing credibility over the refusal of avian flu H5N1 to go pandemic and kill as many as 150 million people worldwide, as its "flu czar" had predicted in 2005. Around the world nations heeded the warnings and spent vast sums developing vaccines and making other preparations. So when swine flu conveniently trotted in, the WHO essentially crossed out "avian," inserted "swine."

Note: Forbes removed this article from their website once it gained attention. In this intriguing 11-minute video, epidemiologist Dr. Wodarg questions the validity of the Coronavirus numbers and explains how fear and manipulation have greatly exaggerated the fear around this virus. Explore extensive, eye-opening coverage from reliable sources revealing how the swine and avian flu "pandemics" were designed for corporate profit. For more along these lines, see concise summaries of deeply revealing news articles on the coronavirus from reliable major media sources.

Important Note: Explore our full index to revealing excerpts of key major media news stories on several dozen engaging topics. And don't miss amazing excerpts from 20 of the most revealing news articles ever published.