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.

Currently, about 9 percent — or $270 billion — of America’s $3 trillion public pension fund assets are invested in private equity firms. With the financial industry’s standard 2 percent management fee, that quarter-trillion dollars generates roughly $5.4 billion in annual management fees for the private equity industry — and that’s not including additional “performance” fees paid on investment returns. Public officials are overseeing this enormous payout to Wall Street at the very moment many of those same officials are demanding big cuts to retirees’ promised pension benefits. “With billions of public worker and taxpayer dollars put at risk in the highest-cost, most opaque investment schemes ever devised by Wall Street for a decade now, investigations that hold Wall Street profiteers accountable are long, long overdue,” said former Securities and Exchange Commission attorney Ted Siedle. In a 2014 speech, the SEC’s top examiner, Andrew Bowden, sounded the alarm about undisclosed fees in the private equity industry, saying the agency had discovered “violations of law or material weaknesses in controls over 50 percent of the time” at firms it had evaluated. To date, however, the SEC has taken few actions to crack down on the practices, but some states are starting to step up their oversight.

Note: For more along these lines, see concise summaries of deeply revealing news articles about corruption in government and in the financial industry.

The Justice Department and FBI have formally acknowledged that nearly every examiner in an elite FBI forensic unit gave flawed testimony in almost all trials in which they offered evidence against criminal defendants over more than a two-decade period before 2000. Of 28 examiners with the FBI Laboratory’s microscopic hair comparison unit, 26 overstated forensic matches in ways that favored prosecutors in more than 95 percent of the 268 trials reviewed so far, according to the National Association of Criminal Defense Lawyers (NACDL) and the Innocence Project, which are assisting the government with the country’s largest post-conviction review of questioned forensic evidence. The cases include those of 32 defendants sentenced to death. Of those, 14 have been executed or died in prison, the groups said under an agreement with the government to release results after the review of the first 200 convictions. The admissions mark a watershed in one of the country’s largest forensic scandals, highlighting the failure of the nation’s courts for decades to keep bogus scientific information from juries, legal analysts said. The question now, they said, is how state authorities and the courts will respond to findings that confirm long-suspected problems with subjective, pattern-based forensic techniques — like hair and bite-mark comparisons — that have contributed to wrongful convictions in more than one-quarter of 329 DNA-exoneration cases since 1989.

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

When Bruce E. Ivins, an Army microbiologist, took a fatal overdose of Tylenol in 2008, the government declared that he had been responsible for the anthrax letter attacks of 2001, which killed five people and set off a nationwide panic, and closed the case. Now, a former senior F.B.I. agent who ran the anthrax investigation for four years says that the bureau gathered a staggering amount of exculpatory evidence regarding Dr. Ivins that remains secret. The former agent, Richard L. Lambert, who spent 24 years at the F.B.I., says he believes it is possible that Dr. Ivins was the anthrax mailer, but he does not think prosecutors could have convicted him had he lived to face criminal charges. In a lawsuit filed in federal court in Tennessee last Thursday, Mr. Lambert accused the bureau of trying to railroad the prosecution of Ivins and, after his suicide, creating an elaborate perception management campaign to bolster its claim that he was guilty. Mr. Lamberts lawsuit accuses the bureau and the Justice Department of forcing his dismissal from a job as senior counterintelligence officer ... in retaliation for his dissent on the anthrax case. The anthrax letters were mailed to United States senators and news organizations in the weeks after the Sept. 11, 2001, terrorist attacks. The bureaus investigation ... focused on a former Army scientist and physician, Dr. Steven J. Hatfill, who was subsequently cleared and given a $4.6 million settlement to resolve a lawsuit.

Note: There is more strong evidence that the anthrax scare was fabricated by inside sources. Read an excellent article with more on this strange case.

Patients who suffered brain damage as a result of taking a swine flu vaccine are to receive multi-million-pound payouts from the UK government. Following the swine flu outbreak of 2009, about 60 million people, most of them children, received the vaccine. It was subsequently revealed that the vaccine, Pandemrix, can cause narcolepsy and cataplexy in about one in 16,000 people, and many more are expected to come forward with the symptoms. Across Europe, more than 800 children are so far known to have been made ill by the vaccine. The Pandemrix vaccine was manufactured by pharmaceuticals giant Glaxo Smith Kline, which refused to supply governments unless it was indemnified against any claim for damage caused. "There's no doubt in my mind whatsoever that Pandemrix increased the occurrence of narcolepsy onset in children," Emmanuelle Mignot, a specialist in sleep disorder at Stanford University in the United States told Reuters. Among those affected are NHS medical staff, many of whom are now unable to do their jobs because of the symptoms brought on by the vaccine. They will be suing the government for millions in lost earnings. However, the vast majority of patients affected - around 80% - are children. Despite a 2011 warning from the European Medicines Agency against using the vaccine on those under 20 and a study indicating a 13-fold heightened risk of narcolepsy in vaccinated children, GSK has refused to acknowledge a link.

Note: Read about people in other countries who were damaged by the vaccine on this webpage. See powerful media reports suggesting that both the avian flu and swine flu were manipulated to promote fear and boost pharmaceutical sales. And watch a powerful CBS video describing how 4,000 Americans in 1976 sued for neurological damages caused by a swine flu vaccine that they agreed to take after falling for fear mongering about the flu by the government. 300 people allegedly died from the vaccine. For more, see the excellent resources in our Health Information Center.

As the Missouri National Guard prepared to deploy to help quell riots in Ferguson, Missouri ... the guard used highly militarized words such as "enemy forces" and "adversaries" to refer to protesters, according to documents obtained by CNN. The National Guard's language, contained in internal mission briefings obtained through a Freedom of Information Act request, is intensifying the concerns of some who objected to the police officers' actions ... after the August 9 shooting of unarmed black teenager Michael Brown by city police officer Darren Wilson. A grand jury declined to indict Wilson in the case. "It's disturbing when you have what amounts to American soldiers viewing American citizens somehow as the enemy," said Antonio French, an alderman in St. Louis. The documents reveal that the Missouri guard was especially concerned that "adversaries" might use phone apps and police scanners to expose operational security. A document titled "Operation Show-Me Protection II," which outlines the Missouri National Guard's mission in Ferguson, listed players on the ground deemed "Friendly Forces" and "Enemy Forces." Among groups characterized as hate groups were ... "General Protesters." In addition to analyzing the threat general protesters could pose to soldiers, the National Guard also briefed its commanders on their intelligence capabilities so they could "deny adversaries the ability to identify Missouri National Guard vulnerabilities," the mission set states.

Note: The Pentagon's systematic militarization of domestic police forces is well-reported. Now we learn that the National Guard is trained to treat protesters like enemy troops. What happens to civil liberties when civil society is viewed by authorities as a battle-front?

A report showing that more than half the $100 million the city of Los Angeles spends each year on homelessness goes to police demonstrates that the city is focused on enforcement rather than getting people off the streets. This city is doing almost nothing to advance housing solutions but continues down the expensive and inhumane process of criminalization that only makes the problem worse," said Becky Dennison of Los Angeles Community Action Network. Almost 15,000 people the LAPD arrested in 2013 were homeless, or 14% of those arrested, according to the report from the city administrative office. Labor costs for the arrests were estimated between $46 million and $80 million. Officer Deon Joseph, a longtime skid row senior lead officer ... said he frequently arrests the same people over and over because of the revolving door for mentally ill people and others between the jails and prisons and skid row. "I do not believe prison is the answer for most people struggling with mental issues," Joseph wrote. "Sadly in today's system we have to wait until they commit a violent crime to get them 'help' in a jail cell. The report ... was commissioned by the City Council’s housing committee, which questioned why the homeless population grew 9% between 2011 and 2013 even as the city contributed millions to the homeless authority.

Note: When poverty and mental illness are criminalized, the prison industrial complex has an endless supply of slave labor under a corrupt government.

In a ghostly reminder of the Bay Area's nuclear heritage, scientists announced Thursday they have captured the first clear images of a radioactivity-polluted World War II aircraft carrier that rests on the ocean floor 30 miles off the coast of Half Moon Bay. The USS Independence saw combat at Wake Island and other decisive battles against Japan in 1944 and 1945 and was later blasted with radiation in two South Pacific nuclear tests. The Navy deliberately sank the contaminated ship in 1951 south of the Farallon Islands. The rediscovery of the USS Independence offers a fascinating glimpse into American military history and raises old questions about the safety of the Farallon Islands Radioactive Waste Dump ... where the federal government dumped nearly 48,000 barrels of low-level radioactive waste between 1946 and 1970. The Independence was sunk on Jan. 26, 1951, and came to rest 2,600 feet below the ocean surface. The Navy withheld the location of the wreck for decades, but the U.S. Geological Survey found its likely resting place while mapping the sea floor in 1990. Retired judge and state legislator Quentin Kopp, who many years ago demanded research into the Navy's disposal of radioactive material off Northern California before 1970, said Thursday that the question of whether the waste posed a risk to humans and wildlife was never resolved.

Note: A CNN article and a CBS article fail to mention anything about the Farallon Islands Radioactive Waste Dump and CNN doesn't even mention radioactive material on the ship. Neither mentions the many drums of radioactive material are buried within the ship. Do you think the media is complicit in hiding key information regarding public health? For verifiable information that this happens much more than people think, read this two-page summary.

It’s been over two years since President Obama promised new transparency and accountability rules when it comes to drone strikes. Virtually no progress has been made. The criteria for who gets added to the unaccountable ‘kill list’ is still shrouded in secrecy – even when the US government is targeting its own citizens. We know because a Texas-born man named Mohanad Mahmoud Al Farekh recently captured overseas was arraigned in federal court this week. It turns out, as the Times reported, that in 2013 “his government debated whether he should be killed by a drone strike in Pakistan.” The CIA and military were reportedly pushing hard to send drones to kill Al Farekh, but the Justice Department didn’t think there was enough evidence. An important new report released by the Open Society Justice Initiative this week also shows that - despite the Obama administration’s internal requirements for drone strikes that supposedly require a “near certainty” that civilians won’t get killed - the government quite often just disregards its own rules, which has led to the death of dozens of civilians in Yemen in the past two years. Though without Open Society’s study, the public would have no clue, since the Obama administration still steadfastly refuses to officially release any information on drone strikes in Yemen. The administration has said for years it prefers capturing to killing – but the data indicates that they practice the opposite.

Note: The CIA has been aware that drone strikes are ineffective since at least 2009. If drones help terrorists, almost always miss their intended targets, and may be used to target people in the US in the future, what are the real reasons for the US government's drone program?

In May this year, a huge company listed on the London Stock Exchange found itself in the midst of controversy about a prison it runs for the government – Thameside, a newly built jail ... in south-east London. Two months later, the same company was the subject of a high- profile report published by the House Of Commons. Again, the verdict was damning: data had been falsified, national standards had not been met, there was a culture of "lying and cheating", and the service offered to the public was simply "not good enough". Three weeks ago, there came grimmer news. The company ... was one of two contractors that had somehow overcharged the government for its services, possibly by as much as Ł50m; The firm that links these three stories together is Serco. Its range of activities, here and abroad, is truly mind-boggling. As a private firm it's not open to Freedom of Information requests, so looking into the details of what it does is fraught with difficulty. But the basic facts are plain enough. As well as five British prisons and the tags attached to over 8,000 English and Welsh offenders, Serco sees to two immigration removal centres. You'll also see its logo on the Docklands Light Railway and Woolwich ferry. But even this is only a fraction of the story. Serco is responsible for air traffic control in the United Arab Emirates, parking-meter services in Chicago, driving tests in Ontario, and an immigration detention centre on Christmas Island.

Note: Serco is possibly the largest company you've never heard of. Did you know that the Obama administration awarded Serco a $1.25 billion contract to help implement online health insurance exchanges under Obamacare, as reported in this Reuters article? Watch this video to see just how powerful and pervasive they are.

Weeks before Pacific Gas and Electric Co. released a long-awaited seismic report about the Diablo Canyon nuclear plant last year, Nuclear Regulatory Commission officials had already drafted talking points declaring the plant safe from earthquakes, Sen. Barbara Boxer said Wednesday. An internal commission memo showed that the agency was planning to tell the public that “the NRC had reviewed the report, and it had concluded Diablo Canyon was seismically safe” — before even seeing the report. Boxer ... used it to illustrate what she called the commission’s lax attitude toward seismic safety, even in the wake of the 2011 meltdown of three reactors at Japan’s Fukushima Daiichi power plant. Her comments shone new light on a controversy that has simmered since the seismic safety report’s release last fall. PG&E released the report on Sept. 10. That same day, the commission — the federal agency that regulates nuclear plants — formally rejected complaints from one of its own former inspectors at Diablo Canyon, who had argued that the plant should be closed. Several newly discovered faults nearby, he said, could produce more violent shaking than Diablo was designed to withstand. Environmental groups ... accused the commission and PG&E of colluding to release both the report and the rejection of the inspector’s complaint on the same day, generating positive press about Diablo’s safety.

Note: Why would Nuclear Regulatory Commission officials ignore their responsibility to protect the public from the potentially disastrous combination of earthquakes and nuclear power plants?

Whenever Chicago Police commander Jon Burge needed a confession, he would walk into the interrogation room and set down a little black box, his alleged victims would later tell prosecutors. The box had two wires and a crank. Burge ... would attach one wire to the suspect’s handcuffed ankles and the other to his manacled hands. Then [he] would place a plastic bag over the suspect’s head. Finally, he would crank his little black box and listen to the screams of pain as electricity coursed through the suspect’s body. As many as 120 African-American men on Chicago’s South Side ... were allegedly tortured by Burge between 1972 and 1991. On Tuesday, Chicago Mayor Rahm Emanuel announced the establishment of a $5.5 million fund for these victims. Some of the men spent years on Illinois’s death row because of confessions allegedly obtained by Burge under duress. In 2003, Governor George Ryan pardoned four men on death row who claimed to have been tortured by Burge, [whom] the Chicago Police Board voted to fire [in 1993] for his alleged torture activities. [He] was allowed to keep his $4,000 per month pension. In 2002, Cook County appointed [a special prosecutor] to investigate Burge’s conduct. The investigation took four years and cost $7 million, but the 300-page report didn’t recommend bringing any charges against the former cop. The statute of limitations for the alleged crimes had expired, Egan argued.

Note: According to the Chicago Reader, Burge may have learned how to torture prisoners while serving as a soldier in Vietnam. Chicago police maintain hidden interrogation sites where brutal treatment of suspects is used to obtain criminal confessions. For more along these lines, see concise summaries of deeply revealing news articles about civil liberties and government corruption from reliable major media sources.

Doug Hughes, a 61-year-old mailman from Ruskin, told his friends he was ... going to fly a gyrocopter through protected airspace and put it down on the lawn of the U.S. Capitol, then try to deliver 535 letters of protest to 535 members of Congress. After 2˝ years of planning, Hughes ... flew straight up the expanse of the National Mall and brought his small craft down right in front of the Capitol, where he was quickly surrounded by police. The incident brought out dozens of reporters and cameras from national media outlets — exactly what Hughes had hoped for. Hughes contacted a Tampa Bay Times reporter last year, saying he wanted to tell someone about his plan and motivation. Hughes is a slender, soft-spoken, pedantic man, with thinning gray hair and hearing aids. He has no criminal record. But he said he needed [this] very dramatic public act of civil disobedience to focus the nation's attention on campaign finance reform. Money, he says, has corrupted the democracy. At the root of Hughes' disdain is the Supreme Court's 2010 decision in Citizens United vs. Federal Election Commission, in which the court decided campaign contributions were a form of "political speech" and struck down limits on how much corporations and unions could give to political contenders. The decision changed the game. Campaign spending went through the roof. In Hughes' mind, there was a parallel spike in favor-dealing and the government is now practically owned by the rich.

Note: The text of Hughes' letter to congress is available at the article above. Other articles on this on CBS and NBC missed important details about the suicide of his son and his political objective. Did this stunt make more people aware that billionaire oligarchs influence elections with dark money?

Child sex grooming gangs have avoided prosecution due to a failure by one of the country’s biggest police forces to pursue claims against them. Greater Manchester police (GMP), the third largest force in England and Wales, has been accused by serving and former detectives of attempting to cover up failings to tackle gangs of Asian men who were abusing young girls. Responding to the claims, GMP chief constable Sir Peter Fahy [said] that officers had developed a “mindset” that victims in sexual abuse cases were “unreliable” but, while this had since changed, it was still present within the courts. The claims against GMP come just months after a damning report found at least 1,400 children were subjected to sexual exploitation in Rotherham between 1997 and 2013, with “blatant” collective failings by the council and South Yorkshire police blamed for the abuse. Another GMP detective, who has remained anonymous ... revealed there was reluctance by senior officers to investigate sexual abuse claims despite her warnings the problem was spiralling out of control. In a letter seen by ITV News, one serving officer claims there has been a “cover-up” and an internal report commissioned two years ago has been “re-written on nine separate occasions”. A statement from the police force said: “Considerable resources are now invested in a number of ongoing investigations and we have already made clear that further arrests will be made.

Note: Explore powerful evidence from a suppressed Discovery Channel documentary showing that child sexual abuse scandals reach to the highest levels of government. For more along these lines, see concise summaries of deeply revealing news articles about sexual abuse scandals and government corruption from reliable major media sources.

After the first revelations of domestic surveillance by NSA whistleblower Edward Snowden, President Obama defended the spying programs by claiming they were “subject to congressional oversight and congressional reauthorization and congressional debate.” But as Rep. Alan Grayson, D-Fla., and other members of Congress have pointed out, there is essentially a "two-tiered" system for oversight, with lawmakers and staff on specialized committees, such as the House and Senate committees on Intelligence and Homeland Security, controlling the flow of information and routinely excluding other Congress members. A large number of lobbyists and consultants [pass] through the revolving door between the intelligence community and the watchdogs who purportedly oversee the intelligence community. Lobbyist influence is a particularly sensitive issue when it comes to intelligence committees, since those committees oversee secret “black budgets” in which money is disbursed with greatly reduced public oversight. The potential for self dealing is significant; former Rep. Randy “Duke” Cunningham, R-Calif., was caught accepting bribes to essentially earmark government contracts into a black budget. Lobbyist control over the House and Senate intelligence and homeland security committees may have a profound impact on a range of surveillance issues debated by Congress this year, including the Cybersecurity Information Sharing Act and the Patriot Act.

Note: The above article details several examples of industry lobbyists now operating in key government oversight positions within an unaccountable intelligence establishment. For more along these lines, see concise summaries of deeply revealing news articles about corruption in government and in intelligence agencies.

Patrick J. O’Reilly was at times “a cheerleader and an advocate” for the Missile Defense Agency during his four years as director. But he broke ranks with his predecessors at the agency by questioning flawed programs. In a series of interviews, O’Reilly said members of Congress whose states or districts benefited from missile defense spending fought doggedly to protect three of the programs long after their shortcomings became obvious. He described how Rep. Howard “Buck” McKeon (R-Santa Clarita) reacted when he outlined his reservations about the Airborne Laser project, envisioned as a fleet of Boeing 747s that would be modified to fire laser beams at enemy missiles. “He’d immediately start talking about, ‘How much money do you need?’ I was trying to say, ‘On the technical merits, it doesn’t make sense.’” The project was killed in 2012, after a decade of testing and $5.3 billion in spending. O’Reilly grew skeptical of another missile defense project, the Kinetic Energy Interceptor, after he learned that Navy ships would have to be retrofitted ... to accommodate the 40-foot-long rocket. Existing ships could not carry interceptors longer than 22 feet, he said. The project’s backers included Sen. Jon Kyl of Arizona, [and] Sens. Jeff Sessions and Richard C. Shelby of Alabama. O’Reilly said the three senators bristled when he suggested that the Kinetic Energy Interceptor was unworkable. The program nevertheless was discontinued [in 2009]. By then, $1.7 billion had been spent on it.

Note: Secrecy and lies about missile defense, whether owing to incompetence or government corruption have been commonplace in Washington for many years - sometimes to devastating effect.

Human rights campaigners have prepared a federal lawsuit aiming to permanently shut down the bulk collection of billions of US phone records – not, this time, by the National Security Agency, but by the Drug Enforcement Agency. The program ... served as a template for the NSA’s gigantic and ongoing bulk surveillance of US phone data after 9/11. The revelation of mass phone-records collection in the so-called “war on drugs” raises new questions about whether the Obama administration or its successors believe US security agencies continue to have legal leeway for warrantless bulk surveillance on American citizens. Starting in 1992, the so-called “USTO” effort operated without judicial approval, despite the US constitution’s warrant requirement. Attorney general Eric Holder ended USTO in September 2013 out of fear of scandal following Snowden’s disclosures. While Snowden did not expose USTO, several NSA programs he has exposed referenced the DEA as an NSA partner, giving the DEA another secret pathway to massive amounts of US communications records. The warrantless bulk records collection provides prosecutors the ability to enter into evidence incriminating material that could otherwise be thrown out of court, [and] has not stopped the upward growth of domestic narcotics consumption.

Note: In order to deny due process to people accused of crimes, the DEA's Special Operations Division constructs lies about the origins of data obtained from warrantless mass surveillance. Award-winning journalists have presented powerful evidence of direct DEA and CIA involvement in and support of drug running and drug cartels. For more along these lines, see concise summaries of deeply revealing news articles about corruption in government and in the intelligence community.

John Oliver’s Monday night interview of Edward Snowden ... renewed all the standard attacks in Democratic circles accusing Snowden of being a traitor in cahoots with the Kremlin. What’s most striking about this — aside from the utter lack of evidence for any of it — is how identical it is to what Nixon officials said to smear the last generation’s greatest whistleblower, Daniel Ellsberg. I defy anyone to listen to any Democratic apparatchik insinuate that Snowden is a Russian agent and identify any differences with how Nixon apparatchiks smeared Ellsberg (or, for that matter, how today’s warnings from Obama officials about the grave harm coming from leaks differ from the warnings issued by Bush and Nixon officials). The script for smearing never changes. One of the most illustrative examples of this: an April 1967 New York Times editorial harshly chastising Martin Luther King for his anti-war activism. That editorial was published three days after King’s speech on the Vietnam War at the Riverside Church in New York City, which ... denounced the U.S. government as “the greatest purveyor of violence in the world today,” as well as the leading exponent of “the deadly Western arrogance that has poisoned the international atmosphere for so long.” The attack of the NYT editors on King for that speech is ... identical to how anti-war advocates in the U.S. are maligned today [by] Washington smear merchants.

Note: The media smear campaign against Dr. Martin Luther King was followed by his government-sponsored assassination, as a 1999 trial in Memphis, TN ultimately revealed. For more along these lines, see concise summaries of deeply revealing news articles about government corruption and the manipulation of mass media.

Global horror over child abuse and its concealment by the Establishment, hitherto focused squarely on the UK, now needs to be widened to France as well. Thousands of children in French schools have been sexually abused by paedophile teachers, an international NGO has claimed, accusing the French education authorities of a decades-long “cover-up”. The French education system is set to become the focus of a national scandal after minister for education Najat Vallaud-Belkacem was forced to admit last week that 16 teachers were allowed to work in schools last year despite holding previous convictions for paedophilia. Homayra Sellier, founder of Innocence en Danger, an NGO dedicated to child abuse victims, says: “The ministry of education has covered this up for years. The government has never been inclined to listen to these stories.” Sellier forecasts thousands of cases will emerge, a concern echoed by another French NGO, Lueur d’Enfance, which works to support and defend the rights of children. Teachers who try to speak out about child abuse at the hands of other teachers are silenced by school directors and local officials, and even threatened with legal action – usually defamation. Others have lost their jobs. As for the teachers the children accuse, they usually stay at the same school, or are quietly transferred to another.

Note: Explore powerful evidence from a suppressed Discovery Channel documentary showing that child sexual abuse scandals reach to the highest levels of government. For more along these lines, see concise summaries of deeply revealing news articles about sexual abuse scandals and government corruption from reliable major media sources.

An anti-Iranian group calling itself “United Against Nuclear Iran” (UANI) ... is very likely a front for some combination of the Israeli and U.S. intelligence services. When launched, NBC described its mission as waging “economic and psychological warfare” against Iran. The group was founded and is run and guided by a roster of ... neocon extremists such as Joe Lieberman, former Bush Homeland Security adviser (and current CNN “analyst”) Fran Townsend, former CIA Director James Woolsey, and former Mossad Director Meir Dagan. In May 2013, UANI launched a “name and shame” campaign designed to publicly identify — and malign — any individuals or entities enabling trade with Iran. One of the accused was the shipping company of Greek billionaire Victor Restis, who ... sued UANI for defamation in a New York federal court. Then something quite extraordinary happened: In September of last year, the U.S. government, which was not a party, formally intervened in the lawsuit, and demanded that the court ... dismiss the lawsuit against UANI before it could even start, on the ground that allowing the case to proceed would damage national security. Why would such a group like this even possess “state secrets”? It would be illegal to give them such material. The U.S. government provide no clue as to what the supposedly endangered “state secrets” are. As a result of the DOJ’s protection, UANI cannot be sued. This group of neocon extremists now has a license to defame anyone they want.

Note: For more along these lines, see concise summaries of deeply revealing news articles about corruption in government and in the intelligence community.

An exotic bond scheme promoted by Wall Street as a way to build schools ... is really a financial scam. These "capital appreciation bonds" ... were part of AB1388, signed by then-Gov. Arnold Schwarzenegger in 2009. Unlike conventional bonds that have to be paid off on a regular basis, the bonds approved in AB1388 relaxed regulatory safeguards and allowed them to be paid back 25 to 40 years in the future. The problem is that from the time the bonds are issued until payment is due, interest accrues and compounds at exorbitant rates. This kind of bond has been outlawed by a number of states. Several grand jury investigations warned [California] school officials against these scams. According to a recent San Mateo County grand jury report, the bonds have been issued in California to raise more than $500 billion - but the estimated future repayment of that debt will total more than $2 trillion. School and community college districts issued 98 percent of all capital appreciation bonds. More than 200 California school and community college districts issuing these bonds will end up paying 10 to 20 times more than they borrowed, [and] payment will not be due until after the useful life of the school facilities built with the bond funds. State records show that Piper Jaffray has brokered 165 of such bonds since 2008, earning $31.4 million, and that Goldman Sachs earned $1.6 million on a single deal with the San Diego Unified School District.

Note: For more along these lines, see concise summaries of deeply revealing news articles about corruption in government and in the financial industry.

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.