Government Corruption News StoriesExcerpts of Key Government Corruption News Stories in Major Media
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The Central Intelligence Agency is getting a very bad press in dispatches from Vietnam to American newspapers and in articles originating in Washington. The agency is precluded from [giving] information to the press, under a seal of confidence, that challenges or refutes the critics ... because to do so would require some disclosure of its activities. Every President since the C.I.A. was created has protected this secrecy. This Presidential policy has not, however, always restrained other executive units from going confidentially to the press with attacks on C.I.A. operations. The peak of the practice has recently been reached in Vietnam and in Washington. This is revealed almost every day now in dispatches from reporters ... with excellent reputations for reliability. One reporter in this category is Richard Starnes, [who] related that, "according to a high United States source here, twice the C.I.A. flatly refused to carry out instructions from Ambassador Henry Cabot Lodge ... [and] in one instance frustrated a plan of action Mr. Lodge brought from Washington because the agency disagreed with it." Among the views attributed to United States officials on the scene, including one described as a "very high American official ... are the following: The C.I.A.'s growth was "likened to a malignancy" which the "very high official was not sure even the White House could control ... any longer." "If the United States ever experiences [an attempt at a coup to overthrow the Government] it will come from the C.I.A. and not the Pentagon." The agency "represents a tremendous power and total unaccountability to anyone.
Note: The NY Times requires payment to view the above article in full. You can find it available free of charge on this webpage. Note the date of this article, just weeks before JFK was assassinated. Watch an excellent documentary titled "The Killing of a President," which presents huge amounts of evidence, including eye-witness testimony, which shows that JFK could not have been killed by Oswald. You can find an abundance of reliable resources on the JFK assassination in our information center on this topic.
It was the part of the Fukushima Daiichi nuclear power plant that spooked American officials the most, as the complex spiraled out of control two and a half years ago: the spent fuel pool at Reactor No. 4, with more than 1,500 radioactive fuel assemblies left exposed when a hydrogen explosion blew the roof off the building. In the next 10 days, the plant’s operator, the Tokyo Electric Power Company, is set to start the delicate and risky task of using a crane to remove the fuel assemblies from the pool, a critical step in a long decommissioning process that has already had serious setbacks. The operation addresses a threat that has hung over the plant since the crisis started. It is still dangerous to have the fuel high up in a damaged structure that could collapse in another quake, experts warn. But removing it poses dangers, too. The fuel rods must remain immersed in water to block the gamma radiation they emit and allow workers to be in the area, and to prevent the rods from overheating. An accident could expose the rods and — in a worst-case scenario, some experts say — allow them to release radioactive materials beyond the plant. “There are potentially very big risks involved,” Shunichi Tanaka, the head of Japan’s nuclear regulator, said last week. “Each assembly must be handled very carefully.” “All I can do is pray that nothing goes wrong,” said Yasuro Kawai, a former plant engineer who now heads a group that is independently monitoring the decommissioning process.
Note: For further assessment of the risks associated with any attempt to remove the rods from the damaged Fukushima Reactor #4 fuel pool, click here. For more on the risks of nuclear power, see the deeply revealing reports from reliable major media sources available here.
Japan's flagging anti-nuclear movement is getting a boost from two former prime ministers who are calling for atomic power to be phased out following the Fukushima disaster. Former Prime Minister Junichiro Koizumi said [on November 12] that the current prime minister, Shinzo Abe, ... "should use the power given to him to do what the majority of the people want," Koizumi said in a speech at the Japan Press Club. "It can be achieved. Why miss this chance?" Koizumi, who supported nuclear power during his 2001-2006 term in office, said that with Japan's nuclear plants all offline for safety checks it would be easiest to begin the phase-out soon. Polls have shown the majority of the public ... prefers to shift away from the nuclear plants that provided nearly a third of Japan's power generation capacity before the accident at the Fukushima Dai-Ichi nuclear plant. Three [former prime ministers], including Koizumi, have said they support ending use of nuclear power. Their support could help reinvigorate the anti-nuclear movement, which has lost some of its vitality nearly three years after the Fukushima accident. Another former prime minister, Morihiro Hosokawa, said in an interview ... that he also favors an end to reliance on nuclear power. "I can't understand why they want restarts of the nuclear plants when there is no place to discard the nuclear waste," said Hosokawa, who served as prime minister for eight months in 1993-94. "It would be a crime against future generations for our generation to restart nuclear plants without resolving this issue," he said. Experts have questioned whether earthquake-prone Japan can safely store nuclear waste under any scenario.
Note: For more on the risks of nuclear power, see the deeply revealing reports from reliable major media sources available here.
The fifty years since the assassination of John F. Kennedy have done little to quell the public's interest or skepticism about who killed the president. In 1978 ... the House of Representatives Select Committee on Assassinations found that in addition to Oswald, there likely was a second gunman who fired at the president's motorcade. The commission concluded that the gunmen were part of a "conspiracy," without determining exactly who was behind it, opening the door to five decades and a cottage industry of theories. According to a 2003 ABC News Poll, 70 percent of Americans believe Kennedy's death was "the result of a plot, not the act of a lone killer." Fifty-one percent believe Oswald did not act alone, and 7 percent believe Oswald was not involved at all in the assassination. In the years since Kennedy's death more than 2,000 books have been written about the assassination, many of which espouse one or more conspiracy theories. In nearly every theory that involves American conspirators, be they wealthy industrialists or tough-as-nails mafiosi, one group is routinely represented – the CIA. One theory suggests that Oswald was a CIA operative and agents tampered with his FBI file before and after the investigation to make it appear he was a communist and lone wolf. [Another theory claims President Lyndon] Johnson was aided in the plot by another man who would become president, George H.W. Bush, a burgeoning CIA official who happened to be in Dallas on the day of the assassination.
Note: On the 50th anniversary of the Kennedy assassination see our powerful JFK assassination information center and the best videos and news articles on the topic. For an astonishing History Channel Video in which the attorney for Lyndon Johnson states he has no doubt Johnson was involved in the assassination, click here.
WikiLeaks has released the draft text of a chapter of the Trans-Pacific Partnership (TPP) agreement, a multilateral free-trade treaty currently being negotiated in secret by 12 Pacific Rim nations. Negotiations for the TPP have ... been conducted behind closed doors. Even members of the US Congress were only allowed to view selected portions of the documents under supervision. The 30,000 word intellectual property chapter contains proposals to increase the term of patents, including medical patents, beyond 20 years, and lower global standards for patentability. It also pushes for aggressive measures to prevent hackers breaking copyright protection, although that comes with some exceptions: protection can be broken in the course of "lawfully authorised activities carried out by government employees, agents, or contractors for the purpose of law enforcement, intelligence, essential security, or similar governmental purposes". WikiLeaks claims that the text shows America attempting to enforce its highly restrictive vision of intellectual property on the world – and on itself. "The US administration is aggressively pushing the TPP through the US legislative process on the sly," says Julian Assange, the founder and editor-in-chief of WikiLeaks. "If instituted," Assange continues, "the TPP’s intellectual property regime would trample over individual rights and free expression, as well as ride roughshod over the intellectual and creative commons. If you read, write, publish, think, listen, dance, sing or invent; if you farm or consume food; if you’re ill now or might one day be ill, the TPP has you in its crosshairs."
Note: To read the Wikileaks release of the secret agreements from the TPP, click here. For further critical analysis of the TPP text, click here.
Twelve years ago, on 13 November 2001, President George W Bush signed an order authorizing the detention of suspected al-Qaida members and supporters, and the creation of military commissions. A total of seven detainees out of the 779 men ever held at Guantánamo have been convicted and sentenced. Five of the seven are no longer at Guantánamo creating a paradox: you have to lose to win. Those lucky enough to get charged and convicted of a war crime have good odds of getting out of Guantánamo, but those who are never charged could spend the rest of their lives in prison. Since nearly all of the men held at Guantánamo have been there since long before 2006 and most were at best low-level flunkies, the government's inability to charge them with providing material support for terrorism means they likely will never face a military commission for a trial that might have enabled them to find a way out of Guantánamo. In September 2006, 14 high-value detainees held in CIA black sites were transferred to military custody at Guantánamo. Only one has been tried and convicted. The law that has evolved from Guantánamo has been a black eye for the country: from the Supreme Court ruling that President Bush's military commissions were illegal to the Washington DC circuit ruling [that] all of the men convicted in military commissions were charged with an offense that was not a legitimate war crime. America's enemies and allies alike, in their criticism of US war on terrorism practices, cite Guantánamo as an example of failed leadership.
Note: For more on military corruption, see the deeply revealing reports from reliable major media sources available here.
Lawyers acting for Jeremy Hammond, the Chicago-based hacktivist facing up to 10 years in prison for releasing internal emails from the private intelligence agency Stratfor, have lodged 265 letters of support with the federal judge who will determine his sentence on 15 November. The letters call on judge Loretta Preska ... to show leniency towards Hammond, a former member of the hacking network Anonymous who has become a cause célčbre for hacktivists, civil libertarians and those concerned about the rights of whistleblowers. Among the correspondents are Daniel Ellsberg, source of the 1970s Pentagon Papers leak on the Vietnam war, and Jesselyn Radack, a former Justice Department whistleblower who now works at the Government Accountability Project. Hammond, 28, has pleaded guilty to one count under the Computer Fraud and Abuse Act (CFAA) relating to a 2011 cyber attack on Strategic Forecasting, Inc, known as Stratfor – an information analysis company based in Austin, Texas. Working alongside a fellow hacker operating under the internet handle Sabu – who was later revealed to be an FBI informant – Hammond downloaded an email spool from Stratfor containing millions of files and sent the data to the anti-secrecy website WikiLeaks which released them as the “Global Intelligence Files”. The Stratfor emails revealed that [Stratfor] had been contracted by Dow Chemical, parent company of Union Carbide which owned the Bhopal pesticide plant where the world’s worst industrial catastrophe took place in 1984, to follow the activities of campaigners seeking redress for the victims.
Note: For an excellent follow-up article titled "The Revolutionaries in Our Midst," click here. For more on privatization of "intelligence", see the deeply revealing reports from reliable major media sources available here.
I can only say: I'm sorry, America. As a former Federal Reserve official, I was responsible for executing the centerpiece program of the Fed's first plunge into the bond-buying experiment known as quantitative easing. The central bank continues to spin QE as a tool for helping Main Street. But I've come to recognize the program for what it really is: the greatest backdoor Wall Street bailout of all time. Where are we today? The Fed keeps buying roughly $85 billion in bonds a month, chronically delaying so much as a minor QE taper. Over five years, its bond purchases have come to more than $4 trillion. Amazingly, in a supposedly free-market nation, QE has become the largest financial-markets intervention by any government in world history. And the impact? Even by the Fed's sunniest calculations, aggressive QE over five years has generated only a few percentage points of U.S. growth. By contrast, experts outside the Fed, such as Mohammed El Erian at the Pimco investment firm, suggest that the Fed may have created and spent over $4 trillion for a total return of as little as 0.25% of GDP (i.e., a mere $40 billion bump in U.S. economic output). Both of those estimates indicate that QE isn't really working. Unless you're Wall Street. Having racked up hundreds of billions of dollars in opaque Fed subsidies, U.S. banks have seen their collective stock price triple since March 2009. The biggest ones have only become more of a cartel: 0.2% of them now control more than 70% of the U.S. bank assets. As for the rest of America, good luck.
Note: For more on government corruption, see the deeply revealing reports from reliable major media sources available here.
U.S. Senator Elizabeth Warren said the political system is still “rigged” by lobbyists and special interests who work to keep the public “in the dark.” “I’ve been in the Senate for nearly a year and believe as strongly as ever that the system is rigged for powerful interests and against working families,” Warren said. Warren, a critic of Wall Street, rose to prominence by highlighting “tricks and traps” of credit-card disclosures and creating [the Consumer Financial Protection Bureau (CFPB)] as part of the 2010 Dodd-Frank Act. Warren said despite progress by the consumer bureau and confirmation of its director after a two-year delay, lobbyists for the financial industry continue to fight it and consumer groups shouldn’t let down their guard. “We all know that the fight isn’t over and that the lobbyists are still working to undercut the agency’s work,” Warren said. She compared the CFPB to government agencies that test the safety of physical products like cribs and paint, and said the bureau’s work on the safety of financial products will become just as valued by the public. “You tell me: When was the last time you heard someone call for regulators to go easier on companies that want to use lead paint on our children’s toys or leave the safety switches off toasters?” Warren asked. “The CFPB was designed from the very beginning to cut out tricks and traps in consumer finance and add transparency to the marketplace.”
Note: For an excellent video showing the courage and forthrightness of Elizabeth Warren, click here. For more on government corruption, see the deeply revealing reports from reliable major media sources available here.
The question in the background of Noam Scheiber's exploration of whether Elizabeth Warren could challenge Hillary Clinton in 2016 is whether, come 2015, Democrats will care very much about cracking down harder on Wall Street. An issue-based challenger needs two things to pose a serious threat to a front-runner. One is an issue that differentiates them from the front-runner. The other is for that issue to be foremost in the minds of voters. Scheiber points out that Warren's background isn't just Wall Street reform. It's protecting the middle class. The Two-Income Trap was a seminal book in defining the mounting pressures on working Americans. And Warren has long tried to protect that dimension of her work from being eclipsed by her unexpected turn as a finreg rockstar. But concern for the middle class doesn't, by and large, differentiate her from Clinton. Clinton, like Warren, believes in higher taxes on the rich and universal health care and higher-education costs and universal pre-k and so on. The danger for Clinton is if Warren is able to persuade Democrats that cracking down on Wall Street reform is the key to helping the middle class or -- perhaps more plausibly -- opposing inequality. On a policy level, that's a harder case to make. But on an emotional, who's-on-your-side level, it might work.
Note: For an excellent video showing the courage and forthrightness of Elizabeth Warren, click here. For more on government corruption, see the deeply revealing reports from reliable major media sources available here.
A group of Occupy Wall Street activists has bought almost $15m of Americans' personal debt over the last year as part of the Rolling Jubilee project to help people pay off their outstanding credit. Rolling Jubilee, set up by Occupy's Strike Debt group following the street protests that swept the world in 2011, launched on 15 November 2012. The group purchases personal debt cheaply from banks before "abolishing" it, freeing individuals from their bills. By purchasing the debt at knockdown prices the group has managed to free $14,734,569.87 of personal debt, mainly medical debt, spending only $400,000. "We thought that the ratio would be about 20 to 1," said Andrew Ross, a member of Strike Debt and professor of social and cultural analysis at New York University. "In fact we've been able to buy debt a lot more cheaply than that." The Rolling Jubilee project was mostly conceived as a "public education project", Ross said. "Our purpose in doing this, aside from helping some people along the way – there's certainly many, many people who are very thankful that their debts are abolished – our primary purpose was to spread information about the workings of this secondary debt market." The group has ... acquired the $14.7m in three separate purchases, most recently purchasing the value of $13.5m on medical debt owed by 2,693 people across 45 states and Puerto Rico, Rolling Jubilee said in a press release. “No one should have to go into debt or bankruptcy because they get sick,” said Laura Hanna, an organiser with the group. Hanna said 62% of all personal bankruptcies have medical debt as a contributing factor.
Note: For a treasure trove of great news articles which will inspire you to make a difference, click here.
The federal government paid $11.3 million in taxpayer-funded farm subsidies from 1995 to 2012 to 50 billionaires or businesses in which they have some form of ownership, according to a report released [on November 7] by the Environmental Working Group, a Washington-based research organization. The billionaires who received the subsidies or owned companies that did include the Microsoft co-founder Paul G. Allen; the investment titan Charles Schwab; and S. Truett Cathy, owner of Chick-fil-A. The billionaires who got the subsidies have a collective net worth of $316 billion, according to Forbes magazine. The Working Group said its findings were likely to underestimate the total farm subsidies that went to the billionaires on the Forbes 400 list because many of them also received crop insurance subsidies. The authors of the report said it is timely, given that lawmakers are debating a House proposal that would cut nearly $40 billion over 10 years from the food stamp program, which helps provide food for nearly 47 million people. A Senate provision would cut $4.5 billion over the same period. A report released [on November 6] by the Center for American Progress ... found that food stamps kept about five million people above the poverty line last year. The food stamp program was cut by about $5 billion on Nov. 1 when a provision in the 2009 stimulus bill that added funding for the program expired. “The irony is that farm subsidies are going to billionaires at the same time that there are proposals to kick three to five million people off of food stamps,” said Scott Faber, vice president for government affairs at the Environmental Working Group.
Note: For more on government corruption, see the deeply revealing reports from reliable major media sources available here.
Doctors and psychologists working for the US military violated the ethical codes of their profession under instruction from the defence department and the CIA to become involved in the torture and degrading treatment of suspected terrorists, an investigation has concluded. The report of the Taskforce on Preserving Medical Professionalism in National Security Detention Centres concludes that after 9/11, health professionals working with the military and intelligence services "designed and participated in cruel, inhumane and degrading treatment and torture of detainees". The report lays blame primarily on the defence department (DoD) and the CIA, which required their healthcare staff to put aside any scruples in the interests of intelligence gathering and security practices that caused severe harm to detainees, from waterboarding to sleep deprivation and force-feeding. The two-year review by the 19-member taskforce, Ethics Abandoned: Medical Professionalism and Detainee Abuse in the War on Terror, supported by the Institute on Medicine as a Profession (IMAP) and the Open Society Foundations, says that the DoD termed those involved in interrogation "safety officers" rather than doctors. Doctors and nurses were required to participate in the force-feeding of prisoners on hunger strike, against the rules of the World Medical Association and the American Medical Association. Doctors and psychologists working for the DoD were required to breach patient confidentiality and share what they knew of the prisoner's physical and psychological condition with interrogators, and were used as interrogators themselves.
Note: For more on the realities of intelligence agency operations, see the deeply revealing reports from reliable major media sources available here.
The 2013 World Food Prize was awarded to three chemical company executives, including Monsanto executive vice president and chief technology officer, Robert Fraley, responsible for development of genetically modified organisms (GMOs). The choice of Fraley was widely protested, with eighty-one members of the prestigious World Future Council calling it “an affront to the growing international consensus on safe, ecological farming practices that have been scientifically proven to promote nutrition and sustainability.” The choice of Monsanto’s man triggered accusations of prize buying. From 1999 to 2011, Monsanto donated $380,000 to the World Food Prize Foundation, in addition to a $5 million contribution in 2008. For some, the award to Monsanto is actually a sign of desperation on the part of the GMO establishment. The arguments of the critics are making headway. Owing to concern about the dangers and risks posed by genetically engineered organisms, many governments have instituted total or partial bans on their cultivation, importation, and field-testing. A few years ago, there were sixteen countries that had total or partial bans on GMOs. Now there are at least twenty-six, including Switzerland, Australia, Austria, China, India, France, Germany, Hungary, Luxembourg, Greece, Bulgaria, Poland, Italy, Mexico and Russia. Significant restrictions on GMOs exist in about sixty other countries. Already, American rice farmers face strict limitations on their exports to the European Union, Japan, South Korea and the Philippines, and are banned altogether from Russia and Bulgaria because unapproved genetically engineered rice “escaped” during open-field trials on GMO rice.
Note: For more on the risks from GMO foods, see the deeply revealing reports from reliable major media sources available here.
The Transportation Security Administration is expanding its screening of passengers before they arrive at the airport by searching a wide array of government and private databases that can include records like car registrations and employment information. It is unclear precisely what information the agency is relying upon to make these risk assessments, given the extensive range of records it can access, including tax identification number, past travel itineraries, property records, physical characteristics, and law enforcement or intelligence information. The measures go beyond the background check the government has conducted for years, called Secure Flight, in which a passenger’s name, gender and date of birth are compared with terrorist watch lists. Now, the search includes using a traveler’s passport number, which is already used to screen people at the border, and other identifiers to access a system of databases maintained by the Department of Homeland Security. “I think the best way to look at it is as a pre-crime assessment every time you fly,” said Edward Hasbrouck, a consultant to the Identity Project, one of the groups that oppose the prescreening initiatives. “The default will be the highest, most intrusive level of search, and anything less will be conditioned on providing some additional information in some fashion.” Critics argue that the problem with what the agency calls an “intelligence-driven, risk-based analysis” of passenger data is that secret computer rules, not humans, make these determinations. Civil liberties groups have questioned whether the agency has the legal authority to make these assessments.
Note: For more on the realities of intelligence agency operations, see the deeply revealing reports from reliable major media sources available here.
The German, French, Spanish and Swedish intelligence services have all developed methods of mass surveillance of internet and phone traffic over the past five years in close partnership with Britain's GCHQ eavesdropping agency. The bulk monitoring is carried out through direct taps into fibre optic cables and the development of covert relationships with telecommunications companies. A loose but growing eavesdropping alliance has allowed intelligence agencies from one country to cultivate ties with corporations from another to facilitate the trawling of the web, according to GCHQ documents leaked by the former US intelligence contractor Edward Snowden. The files also make clear that GCHQ played a leading role in advising its European counterparts how to work around national laws intended to restrict the surveillance power of intelligence agencies. US intelligence officials have insisted the mass monitoring was carried out by the security agencies in the countries involved and shared with the US. The Guardian revealed the existence of GCHQ's Tempora programme, in which the electronic intelligence agency tapped directly into the transatlantic fibre optic cables to carry out bulk surveillance. GCHQ officials expressed admiration for the technical capabilities of German intelligence to do the same thing, [saying] the Federal Intelligence Service (BND) had "huge technological potential and good access to the heart of the internet – they are already seeing some bearers running at 40Gbps and 100Gbps". Bearers is the GCHQ term for the fibre optic cables, and gigabits per second (Gbps) measures the speed at which data runs through them.
Note: For more on the realities of intelligence agency operations, see the deeply revealing reports from reliable major media sources available here.
When Ban Ki-moon, the United Nations secretary general, sat down with President Obama at the White House in April to discuss Syrian chemical weapons, Israeli-Palestinian peace talks and climate change, it was a cordial, routine exchange. The National Security Agency nonetheless went to work in advance and intercepted Mr. Ban’s talking points for the meeting, a feat the agency later reported as an “operational highlight” in a weekly internal brag sheet. It was emblematic of an agency that for decades has operated on the principle that any eavesdropping that can be done on a foreign target of any conceivable interest — now or in the future — should be done. After all, American intelligence officials reasoned, who’s going to find out? From thousands of classified documents, the National Security Agency emerges as an electronic omnivore of staggering capabilities, eavesdropping and hacking its way around the world to strip governments and other targets of their secrets, all the while enforcing the utmost secrecy about its own operations. It spies routinely on friends as well as foes, as has become obvious in recent weeks; the agency’s official mission list includes using its surveillance powers to achieve “diplomatic advantage” over such allies as France and Germany and “economic advantage” over Japan and Brazil, among other countries. The scale of eavesdropping by the N.S.A., with 35,000 workers and $10.8 billion a year, sets it apart.
Note: For more on the realities of intelligence agency operations, see the deeply revealing reports from reliable major media sources available here.
The oil production technique known as fracking is more widespread and frequently used in the offshore platforms and man-made islands near some of California's most populous and famous coastal communities than state officials believed. In waters off Long Beach, Seal Beach and Huntington Beach — some of the region's most popular surfing strands and tourist attractions — oil companies have used fracking at least 203 times at six sites in the past two decades, according to interviews and drilling records obtained by The Associated Press through a public records request. Offshore hydraulic fracturing ... occurs with little state or federal oversight of the operations. The state oil permitting agency said it doesn't track fracking. Environmental groups are calling for a moratorium on the practice. "How is it that nobody in state government knew anything about this? It's a huge institutional failure," said Kassie Siegel, an attorney with the Center for Biological Diversity. "Offshore fracking is far more common than anyone realized." Little is known about the effects on the marine environment of fracking, which shoots water, sand and chemicals at high pressure to clear old wells or crack rock formations to free oil. Yet neither state nor federal environmental regulators have had any role in overseeing the practice as it increased to revitalize old wells. New oil leases off the state's shores have been prohibited since a 1969 oil platform blowout off Santa Barbara, which fouled miles of coastline and gave rise to the modern environmental movement. With no room for physical expansion, oil companies instead have turned to fracking to keep the oil flowing.
Note: For more on corporate corruption, see the deeply revealing reports from reliable major media sources available here.
This summer, I was selected for jury duty in Los Angeles. I took my civic duty seriously and kept an open mind. Although our criminal justice system is imperfect, I believed that it was one of the fairest in the world. But the longer I spent in that dingy wood paneled courtroom, the more disillusioned I became with our justice system. Jurors were treated like convicted criminals. The judge quizzed us on legal principles without giving us any information beforehand and yelled at us for our poor legal knowledge. Then, he threatened to charge us with contempt of court if we were a minute late from lunch or spoke in the courtroom. As bad as all of this was, I was most appalled by the ineffective way the trial was conducted. At one point, a reluctant witness mumbled through his testimony. It was impossible to hear him over the clerk talking on the phone and bailiffs gossiping. Yet, jurors couldn't say anything for fear of being charged with contempt. Later, a key video was presented, but the AV was antiquated, the screen was as small as a washcloth and the people depicted were but blurry figures. How could we decipher anything useful from this footage? Several people could be sent to jail based on this evidence. If the government wants to guarantee fair trials, it should take the money it wastes on conscripting jurors and buy decent projectors and cell phones for clerks so their administrative duties don't interrupt trials.
Note: For more on government corruption, see the deeply revealing reports from reliable major media sources available here.
Federal Reserve Bank of New York President William Dudley said [that] any effort to reduce the threat to financial stability posed by massive financial firms also must include compelling banking executives to have more respect for the law and the broader impact on society of their actions. “There is evidence of deep-seated cultural and ethical failures at many large financial institutions,” Mr. Dudley said. “Whether this is due to size and complexity, bad incentives or some other issues is difficult to judge, but it is another critical problem that needs to be addressed” as regulators seek to deal with the problem of banks that are considered too big to fail, the official said. Mr. Dudley [added] that “ending too big to fail and shifting the emphasis to longer-term sustainability will encourage the needed cultural shift necessary to restore public trust in the industry.” His comments on banking issues come in the wake of last week’s decision by the Fed to stay the course on its $85-billion-a-month bond-buying program. Mr. Dudley has been a steadfast supporter of the aggressively easy-money policies pursued by the central bank.
Note: For more on the banking bailout, see the deeply revealing reports from reliable major media sources available here.
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.