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Revealing News For a Better World

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.


Report: Probe into Afghan bank scandal plagued by political interference
2012-11-28, Washington Post
Posted: 2012-12-04 09:30:25
http://www.washingtonpost.com/world/asia_pacific/report-afghan-probe-into-ban...

A scathing new report released [on November 28] details how high-level political interference and institutional failures thwarted efforts to probe the 2010 collapse of Afghanistan’s largest bank, recover hundreds of millions of dollars from fraudulent loans and prosecute the influential Afghans who profited from a massive scheme to use depositors’ money as a private piggy bank. Without naming names, an independent anti-corruption committee of Afghan and international experts painted a damning portrait of foot-dragging, incompetence and blatant political manipulation involving virtually every agency that was supposed to either investigate why the Kabul Bank failed or take legal action against those responsible for looting it of more than $900 million. “Kabul Bank was nothing but a fraud perpetrated against depositors, and ultimately all Afghans,” the report says. Both the flagrant crimes and the repeated failures to pursue them, it said, reflect an array of larger, worrisome problems that permeate Afghan society and institutions, including “incapacity, nepotism, entitlement and political interference.” Over and over, the report says, supposedly independent bodies such as the attorney general’s office deferred to higher political wishes. Earlier this year, about 20 bank associates were indicted on charges including money laundering and using false documents or fictitious account names. The report quotes sources as saying that a “high-level committee,” meaning a group of powerful officials, decided which former bank associates would be charged with a crime and that prosecutors were told to “construct indictments to conform to the decisions.”

Note: For deeply revealing reports from reliable major media sources on financial corruption, click here.


Afghan corruption, and how the U.S. facilitates it
2012-11-05, Washington Post
Posted: 2012-12-04 09:28:56
http://www.washingtonpost.com/world/national-security/afghan-corruption-and-h...

When it comes to corruption in Afghanistan, the time may be now for the United States to look in the mirror and see what lessons can be learned from contracting out parts of that war. On Sept. 30, Afghan President Hamid Karzai told CBS’s “60 Minutes” that the corruption wracking his government and its people has been at a level “not ever before seen in Afghanistan.” In the 1980s, when the Soviets ran the country, the government was “not even 5 percent as corrupt,” Karzai said. “The Soviets didn’t give contracts to the relatives, brothers and the kin of the influential and high ups,” he said. “The Americans did, and they continue to do, but we get blamed for it.” The record shows Karzai has a point with which others agree. “It is time that we as Americans — in government, in the media, and as analysts and academics — took a hard look at the causes of corruption in Afghanistan. The fact is that we are at least as much to blame for what has happened as the Afghans, and we have been grindingly slow to either admit our efforts or correct them.” That was written in September 2010 by Anthony H. Cordesman ... in a Center for Strategic and International Studies report, "How America Corrupted Afghanistan." He particularly criticized the military contracting process, saying, “The bulk of the money actually spent inside Afghanistan went through poorly supervised military contracts and through aid projects where the emphasis was speed, projected starts, and measuring progress in terms of spending rather than results. U.S. and foreign contractors poured money into a limited number of Afghan powerbrokers who set up companies that were corrupt and did not perform."

Note: For deeply revealing reports from reliable major media sources on government corruption, click here.


Former Fla. GOP leaders: New election law meant to suppress vote
2012-11-26, Seattle Times (One of Seattle's leading newspapers)
Posted: 2012-12-04 09:27:13
http://seattletimes.com/html/nationworld/2019771284_floridavoting28.html

A new Florida law that contributed to long voter lines and caused some to abandon voting altogether was intentionally designed by Florida GOP staff and consultants to inhibit Democratic voters, former GOP officials and current GOP consultants have told The Palm Beach Post. Republican leaders said in proposing the law that it was meant to save money and fight voter fraud. But a former GOP chairman and former Gov. Charlie Crist, both of whom have been ousted from the party, now say that fraud concerns were advanced only as subterfuge for the law's main purpose: GOP victory. Former Republican Party of Florida Chairman Jim Greer says he attended various meetings, beginning in 2009, at which party staffers and consultants pushed for reductions in early voting days and hours. "The Republican Party, the strategists, the consultants, they firmly believe that early voting is bad for Republican Party candidates," Greer told The Post. "It's done for one reason and one reason only. ... 'We've got to cut down on early voting because early voting is not good for us,"' Greer said he was told by those staffers and consultants. "They never came in to see me and tell me we had a (voter) fraud issue," Greer said. "It's all a marketing ploy." Greer's statements about the motivations for the party's legislative efforts, implemented by a GOP-majority House and Senate in Tallahassee in 2011, are backed by Crist — also now on the outs with the party — and two veteran GOP campaign consultants.

Note: For deeply revealing reports from reliable major media sources on corruption of the US electoral system, click here.


'Shadow Banking' Still Thrives, System Hits $67 Trillion
2012-11-18, CNBC/Reuters
Posted: 2012-11-27 09:39:24
http://www.cnbc.com/id/49877573

The system of so-called "shadow banking" ... grew to a new high of $67 trillion globally last year, a top regulatory group said, calling for tighter control of the sector. A report by the Financial Stability Board (FSB) [states] that shadow banking is set to thrive, beyond the reach of a regulatory net tightening around traditional banks and banking activities. The FSB, a task force from the world's top 20 economies, also called for greater regulatory control of shadow banking. The study by the FSB said shadow banking around the world more than doubled to $62 trillion in the five years to 2007 before the crisis struck. But the size of the total system had grown to $67 trillion in 2011 — more than the total economic output of all the countries in the study. The multitrillion-dollar activities of hedge funds and private equity companies are often cited as examples of shadow banking. But the term also covers investment funds, money market funds and even cash-rich firms that lend government bonds to banks, which in turn use them as security when taking credit from the European Central Bank. The United States had the largest shadow banking system, said the FSB, with assets of $23 trillion in 2011, followed by the euro area — with $22 trillion — and the United Kingdom — at $9 trillion.

Note: That's $10,000 for every man, woman, and child on the planet. Do you think the bankers are somehow manipulating the system? For deeply revealing reports from reliable major media sources on financial corruption, click here.


Prosecution of Anonymous activists highlights war for Internet control
2012-11-23, The Guardian (One of the UK's leading newspapers)
Posted: 2012-11-27 09:35:24
http://www.guardian.co.uk/commentisfree/2012/nov/23/anonymous-trial-wikileaks...

WikiLeaks ... has never been charged by any government with any crime, let alone convicted of one. Despite that crucial fact, WikiLeaks has been crippled by a staggering array of extra-judicial punishment imposed either directly by the US and allied governments or with their clear acquiescence. In 2008, the Pentagon prepared a secret report ... that decreed WikiLeaks to be a "threat to the US Army" and an enemy of the US. That report plotted tactics that "would damage and potentially destroy" its ability to function. That is exactly what came to pass. In December 2010, after WikiLeaks began publishing US diplomatic cables, it was hit with cyber-attacks so massive that the group was "forced to change its web address after the company providing its domain name cut off service". Master Card and Visa both announced they would refuse to process payments to the group, as did America's largest financial institution, Bank of America. Acting in the name of Anonymous, a handful of activists targeted those companies with simple "denial of service" attacks, ones that impeded the operations of those corporate websites for a few hours. In stark contrast to the far more significant attacks aimed at WikiLeaks, these attacks, designed to protest the treatment of WikiLeaks, spawned a global manhunt by western nations and, ultimately, the arrest of dozens of mostly young alleged hackers, four of whom are now on trial in London. Last year, the FBI arrested 16 people in the US in connection with similar attacks on Master Card, Visa and Amazon, and charged them with crimes that carry 10-year prison terms.

Note: For deeply revealing reports from reliable major media sources on government corruption, click here.


Election Spurred a Move to Codify U.S. Drone Policy
2012-11-25, New York Times
Posted: 2012-11-27 09:33:27
http://www.nytimes.com/2012/11/25/world/white-house-presses-for-drone-rule-bo...

[There have been] more than 300 drone strikes and some 2,500 people killed by the Central Intelligence Agency and the military since Mr. Obama first took office. Mr. Obama and his advisers are still debating whether remote-control killing should be a measure of last resort against imminent threats to the United States, or a more flexible tool, available to help allied governments attack their enemies or to prevent militants from controlling territory. Though publicly the administration presents a united front on the use of drones, behind the scenes there is longstanding tension. The administration is still pushing to make the rules formal and resolve internal uncertainty and disagreement about exactly when lethal action is justified. The Defense Department and the C.I.A. continue to press for greater latitude to carry out strikes. The administration’s legal reasoning has not persuaded many other countries that the strikes are acceptable under international law. For years before the Sept. 11, 2001, attacks, the United States routinely condemned targeted killings of suspected terrorists by Israel, and most countries still object to such measures. Partly because United Nations officials know that the United States is setting a legal and ethical precedent for other countries developing armed drones, the U.N. plans to open a unit in Geneva early next year to investigate American drone strikes.

Note: For deeply revealing reports from reliable major media sources on atrocities carried out by the US in its illegal wars of aggression in the Middle East, Asia and Africa, click here.


US battles Iraq and Afghanistan over detention without charges
2012-11-20, The Guardian (One of the UK's leading newspapers)
Posted: 2012-11-27 09:31:55
http://www.guardian.co.uk/commentisfree/2012/nov/20/iraq-afghanistan-daqduq-i...

For several decades, the US government - in annual "human rights" reports issued by the State Department (reports mandated by the US Congress) - has formally condemned nations around the globe for the practice of indefinite detention: imprisoning people without charges or any fixed sentence. [The] 2011 report condemned numerous nations for indefinite detention, including Libya ("abuse and lack of review in detention"), Uzbekistan ("arbitrary arrest and detention"), Syria ("arbitrary arrest and detention"), and Iran ("Authorities held detainees, at times incommunicado, often for weeks or months without charge or trial"). In Afghanistan and Iraq, the US government is engaged in a fierce and protracted battle over the fundamental right to be free of indefinite detention. Specifically, the US is demanding that the governments of those two nations cease extending this right to their citizens. The US has long been demanding that the Afghan government continue the American practice of indefinite detention without charges, and still presses this demand even after the top Afghan court in September ruled that such detentions violate Afghan law. Human rights workers in Afghanistan have long pointed out that America's practice of imprisoning Afghans without charges is a major source of anti-American sentiment in the country.

Note: For deeply revealing reports from reliable major media sources on war crimes carried out by the US in its illegal wars of aggression in the Middle East, Asia and Africa, click here.


Bradley Manning deserves Americans' support for military whistleblowing
2012-11-16, The Guardian (One of the UK's leading newspapers)
Posted: 2012-11-27 09:30:08
http://www.guardian.co.uk/commentisfree/2012/nov/16/bradley-manning-americans...

Last week, PFC Bradley Manning offered to accept responsibility for releasing classified documents as an act of conscience – not as charged by the US military. The military under the Obama administration has displayed a desire to over-prosecute whistleblowing with life-in-prison charges including espionage and "aiding the enemy", a disturbing decision which is no doubt intended to set an example. With today's advanced military technology and the continued ability of business and political elites to filter what information is made public, there exists a great barrier to many citizens being fully aware of the realities and consequences of conflicts in which their country is engaged. Responsible governance requires fully informed citizens who can question their leadership. For those citizens worldwide who do not have direct, intimate knowledge of war, yet are still affected by rising international tensions and failing economies, WikiLeaks releases attributed to Bradley Manning have provided unparalleled access to important facts. Revealing covert crimes in Iraq and Afghanistan and corporations' pervasive influence in governance, this window into the realities of modern international relations has changed the world for the better. Bradley Manning ... went through a profound moral struggle between the time he enlisted and when he became a whistleblower. Through his experience in Iraq, witnessing suffering of innocent civilians and soldiers alike, he became disturbed by top-level policy that undervalued human life. Like other courageous whistleblowers, he was driven foremost by a desire to reveal the truth.

Note: For further information, visit the Bradley Manning Support Network. For deeply revealing reports from reliable major media sources on military corruption, click here.


Phone hacking scandal: Ex-confidants of U.K. PM charged with illegal payments to government officials
2012-11-20, Toronto Star (One of Toronto's leading newspapers)
Posted: 2012-11-27 09:28:40
http://www.thestar.com/news/world/article/1290225--phone-hacking-scandal-ex-c...

Two former confidants of Britain’s prime minister have been charged with conspiring to pay public officials in exchange for stories and information — the latest development in the country’s establishment-shaking scandal over media malfeasance. Britain’s Crown Prosecution Services [said] that former tabloid editors Andy Coulson and Rebekah Brooks were among five people being charged with conspiracy to commit misconduct in public office. Prosecutors said that Brooks, a neighbour, close friend, and political ally of Prime Minister David Cameron, conspired with journalist John Kay to funnel as much as Ł100,000 ($160,000) to Ministry of Defence employee Bettina Jordan Barber in return for seven years of stories that were published in Murdoch’s The Sun newspaper. The allegations cover 2004 to 2011, when Brooks was editor of The Sun and then in charge of News International, the parent company of Rupert Murdoch’s media empire. The prosecutors alleged that Coulson, who until last year served as Cameron’s top press aide, conspired in 2005 with former royal reporter Clive Goodman to pay officials for access to a royal phone directory known as the “Green Book.” The confidential directory includes home and office numbers for senior royals including two of Queen Elizabeth’s children, Prince Edward and Princess Anne, as well as the landline, office and mobile numbers of the royal household staff, the Telegraph reported.

Note: For deeply revealing reports from reliable major media sources on media corruption, click here.


SEC Rocked By Lurid Sex-and-Corruption Lawsuit
2012-11-19, Rolling Stone blog
Posted: 2012-11-27 09:27:07
http://www.rollingstone.com/politics/blogs/taibblog/sec-rocked-by-lurid-sex-a...

Move over, adulterous generals. It might be time to make way for a new sexual rats' nest – at America's top financial police agency, the SEC. In a salacious 77-page complaint ... David Weber, the former chief investigator for the SEC Inspector General's office, accuses the SEC of retaliating against Weber for coming forward as a whistleblower. According to this lawsuit, Weber was made a target of [retaliation] after he came forward with concerns that his bosses may have been spending more time copulating than they were investigating the SEC. Weber claims that in recent years, while the SEC Inspector General's office has been attempting to investigate the agency's seemingly-negligent responses in such matters as the Bernie Madoff case and the less-well-known (but nearly as disturbing) Stanford Financial Ponzi scandal, two of the IG office's senior officials – former Inspector General David Kotz and his successor, Noelle Maloney – were sleeping together. Weber also claims that Kotz was also having an affair with a lawyer representing a key group of Stanford victims, a Dr. Gaytri Kachroo. Weber claims that Maloney last year refused to meet with Kachroo as part of the Stanford investigation. By then, Kotz had stepped down as SEC IG and Maloney had replaced him as Acting IG. Weber was fired on October 31st. Apparently he has decided not to take the firing quietly. "When David Weber began to uncover the depth of dysfunction at the SEC, they fired him," his attorney Cary Hansel said. "He has no intention of being silenced by threats and false allegations."

Note: We don't normally use Rolling Stone as a source, but this important story has not been covered elsewhere in the major media.


HSBC Investigation: clients of Britain's biggest bank exposed
2012-11-15, The Telegraph (One of the UK's leading newspapers)
Posted: 2012-11-19 14:35:28
http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/9665741/HSBC-...

Britain’s biggest bank is at the centre of a major ... investigation after it opened offshore accounts in Jersey for serious criminals living in this country. Tax authorities have obtained details of every British client of HSBC in Jersey after a whistleblower secretly provided a detailed list of names, addresses and account balances earlier this week. Among those identified on the list are Daniel Bayes, a drug dealer who is now in Venezuela; Michael Lee, who was convicted of possessing more than 300 weapons at his house in Devon; three bankers facing major fraud allegations and a man once dubbed London’s “number two computer crook”. The disclosures raise serious questions about HSBC’s procedures in Jersey, with the bank already preparing to pay fines of around $1.5 billion in America for breaking money laundering rules. The bank is legally obliged to report to the authorities any suspicions about the source of money deposited in its accounts. The list identifies 4,388 people holding Ł699 million in offshore current accounts and they are also likely to have billions of pounds more in investment schemes. Several celebrities and other well-known figures are understood to be identified in the client data. The HSBC Jersey client list is understood to be heavily dominated by senior figures in the City. Dozens of bankers are understood to have deposited six-figure sums offshore with some institutions said to have “clusters” of employees taking advantage of the accounts. Doctors, mining and oil executives and oil workers are also heavily represented in the list.

Note: For deeply revealing reports from reliable major media sources on financial corruption and criminality, click here.


FBI's abuse of the surveillance state is the real scandal needing investigation
2012-11-13, The Guardian (One of the UK's leading newspapers)
Posted: 2012-11-19 14:34:13
http://www.guardian.co.uk/commentisfree/2012/nov/13/petraeus-surveillance-sta...

The Petraeus scandal is receiving intense media scrutiny. Several of the emerging revelations are genuinely valuable, particularly those involving the conduct of the FBI and the reach of the US surveillance state. The FBI investigation began when Jill Kelley - a Tampa socialite friendly with Petraeus (and apparently very friendly with Gen. John Allen, the four-star U.S. commander of the war in Afghanistan) - received a half-dozen or so anonymous emails that she found vaguely threatening. She then informed a friend of hers who was an FBI agent, and a major FBI investigation was then launched that set out to determine the identity of the anonymous emailer. What is most striking is how sweeping, probing and invasive the FBI's investigation then became, all without any evidence of any actual crime - or the need for any search warrant. The FBI traced all of [Paula] Broadwell's physical locations, learned of all the accounts she uses, ended up reading all of her emails, investigated the identity of her anonymous lover (who turned out to be Petraeus), and then possibly read his emails as well. They also discovered "alleged inappropriate communication" to Kelley from Gen. Allen, who is not only the top commander in Afghanistan but was also just nominated by President Obama to be the Commander of US European Command and Supreme Allied Commander Europe (a nomination now "on hold"). This is a surveillance state run amok. It also highlights how any remnants of internet anonymity have been all but obliterated by the union between the state and technology companies.

Note: For deeply revealing reports from reliable major media sources on government surveillance, click here.


Sense of entitlement behind military ethics scandals?
2012-11-14, USA Today
Posted: 2012-11-19 14:32:47
http://www.usatoday.com/story/news/nation/2012/11/13/generals-behavior-milita...

Three of the military's most senior leaders are embroiled in ethics scandals. The latest, Marine Gen. John Allen, the top commander in Afghanistan, is under investigation for more than 20,000 pages of material including e-mails sent to Jill Kelley, the woman involved in the scandal that forced David Petraeus to resign as CIA director. Allen succeeded Petraeus in Kabul. An Associated Press report ... called the e-mails "flirtatious." Experts speculate that these lapses stem from the sense of entitlement in the upper reaches that exists not just in the armed services. "It's an old narrative that those at the top often become poisoned by their power," said Peter Singer, director of the 21st Century Defense Initiative at the Brookings Institution. Two other members of the top brass face ethics probes of their own. Adm. James Stavridis, head of European Command, was criticized last week in an Pentagon inspector general report that cited his use of military aircraft for personal business, including a trip to a Burgundy wine-tasting society. Earlier this year, Army Gen. William "Kip" Ward, then head of U.S. Africa Command, was hammered by another inspector general report for lavish travel and improper use of military transportation and staff. The report said Ward and his wife had staff pick up their laundry and do their shopping. [Allen] had been scheduled for a Senate confirmation hearing this week for his new post: succeeding Stavridis as chief of European Command. That hearing has been postponed.

Note: For deeply revealing reports from reliable major media sources on military corruption, click here.


CNN claims Iran shot at a US drone, revealing the news network's mindset
2012-11-08, The Guardian (One of the UK's leading newspapers)
Posted: 2012-11-13 11:07:24
http://www.guardian.co.uk/commentisfree/2012/nov/08/cnn-iran-drones-gulf

Barbara Starr, CNN's Pentagon reporter (more accurately known as: the Pentagon's reporter at CNN), has an exciting exclusive today. Exclusively relying upon "three senior officials" in the Obama administration (all anonymous, needless to say), ... the CNN report on this incident is revealing indeed. Every paragraph - literally - contains nothing but mindless summaries of the claims of US government officials. There is not an iota of skepticism about any of the assertions, including how this incident happened, what the drone was doing at the time, or where it took place. Most notably, CNN does not even bother with the pretense of trying to include the claims of the Iranian government about what happened. There is no indication that the self-described news outlet even made an effort to contact Tehran to obtain their rendition of these events or even confirmation that it occurred. It simply regurgitates the accusations of anonymous US officials that Iran, with no provocation, out of the blue decided to shoot at a US drone in international airspace. (Although CNN does not mention it, last December Iran shot down a US drone which, it claims (and the US does not deny) was in Iranian air space). That CNN's prime mission is to serve the US government is hardly news. [The Christian Science Monitor, however, noted]: "There was no way to independently confirm the Pentagon's account, and correct facts have not always been initially forthcoming in past US-Iran incidents in the Persian Gulf." It then detailed several historical events when the US government's claims about Iran were proven to be false.

Note: Iran denies that the drone was in international airspace, as claimed by the US. For more on this, click here.


Dark Money: The Rise of Outside Spending in 2012
2012-11-01, Time Magazine
Posted: 2012-11-08 09:55:17
http://swampland.time.com/2012/11/01/dark-money/

The moneymen behind the outfit spending the most on the Medicare attack ads ... will not show their faces. The money is being spent through a Washington-based group, Americans for Tax Reform (ATR), that calls itself a “social welfare” nonprofit, so it does not need to reveal its donors to the public. This sort of thing has been happening a lot this year in House and Senate races around the country. Candidates have found their modest war chests, filled with checks for $2,500 or less, swamped by outside groups, which have no limits on the donations they can collect. In all, more than $800 million was spent through mid-October on election ads by outside groups, according to the Center for Responsive Politics. Of that total, nearly 1 in 4 dollars is so-called dark money, meaning the identities of the donors remain a secret. Voters watching TV, listening to the radio or receiving direct-mail appeals know only the names of the front organizations that bought the ads. In the past two years, American politics has been transformed by a surge in spending. One fact tells the story: explicit political-ad spending by outside groups in 2012 is on track to double the combined total spent by outside groups in each of the four elections since 2002. Ads purchased with untraceable money tend to be among the most vicious. Nearly 9 in 10 dark-money spots are negative, and an analysis by the Annenberg Public Policy Center found that 26% of the ads are deceptive. Almost all of it — 83%, according to one review — has been directed against Democrats.

Note: For deeply revealing reports from reliable major media sources on the corruption of the US electoral system, click here.


When corporations bankroll politics, we all pay the price
2012-10-29, The Guardian (One of the UK's leading newspapers)
Posted: 2012-11-08 09:53:36
http://www.guardian.co.uk/commentisfree/2012/oct/29/capitalism-bankrolls-poli...

It's a revolting spectacle: the two presidential candidates engaged in a frantic and demeaning scramble for money. By 6 November, Barack Obama and Mitt Romney will each have raised more than $1bn. Other groups have already spent a further billion. Every election costs more than the one before; every election, as a result, drags the United States deeper into cronyism and corruption. Is it conceivable, for instance, that Romney, whose top five donors are all Wall Street banks, would put the financial sector back in its cage? Or that Obama, who has received $700,000 from both Microsoft and Google, would challenge their monopolistic powers? Or, in the Senate, that the leading climate change denier James Inhofe, whose biggest donors are fossil fuel companies, could change his views, even when confronted by an overwhelming weight of evidence? The US feeding frenzy shows how the safeguards and structures of a nominal democracy can remain in place while the system they define mutates into plutocracy. Despite perpetual attempts to reform it, US campaign finance is now more corrupt and corrupting than it has been for decades. It is hard to see how it can be redeemed. If the corporate cronies and billionaires' bootlickers who currently hold office were to vote to change the system, they'd commit political suicide. We should see this system as a ghastly warning of what happens if a nation fails to purge the big money from politics.

Note: For deeply revealing reports from reliable major media sources on the corruption of the US electoral system, click here.


Racketeering and Money Laundering Lawsuit Seeking Return of $43 Trillion to the United States Treasury
2012-10-25, MarketWatch/Wall Street Journal
Posted: 2012-11-08 09:52:20
http://www.marketwatch.com/story/major-banks-governmental-officials-and-their...

Spire Law Group's national home owners' lawsuit [is] the largest money laundering and racketeering lawsuit in United States history, identifying $43 trillion of laundered money. [In] the federal lawsuit now [pending] in the United States District Court in Brooklyn, New York ... plaintiffs now establish the location of the $43 trillion of laundered money in a racketeering enterprise. [The] mass tort action [seeks] to halt all foreclosures nationwide pending the return of the $43 trillion, an audit of the Fed and audits of all the "bailout programs." The epicenter of this laundering and racketeering enterprise has been and continues to be Wall Street and continues to involve the very "Banksters" located there who have repeatedly asked in the past to be "bailed out" and to be "bailed out" in the future. The Havens for the money laundering schemes ... are located in such venues as Switzerland, the Isle of Man, Luxembourg, Malaysia, Cypress and [other entities] identified in both the United Nations and the U.S. Senate's recent reports on international money laundering. The case further alleges that through these obscure foreign companies, Bank of America, J.P. Morgan, Wells Fargo Bank, Citibank, Citigroup, One West Bank, and numerous other federally chartered banks stole trillions of dollars of home owners' and taxpayers' money during the last decade and then laundered it through offshore companies.

Note: CNBC also reported this astonishing news. Yet within hours the original page for the article was taken down, and CNBC senior vice president Kevin Krim received news that his children were killed under very suspicious circumstances. Could this have been a strong warning? For more in this, click here. For deeply revealing reports from reliable major media sources on financial corruption, click here.


Top Bank of England director admits Occupy movement had a point
2012-10-29, The Independent (One of the UK's leading newspapers)
Posted: 2012-11-08 09:50:45
http://www.independent.co.uk/news/uk/politics/top-bank-of-england-director-ad...

The Occupy movement received vindication from an unlikely source tonight, as a senior executive at the Bank of England credited it with stirring a “reformation of finance”. Andrew Haldane, executive director of financial stability, said Occupy protesters had been “both loud and persuasive”, and had attracted public support because “they are right”. “Some have suggested … that Occupy’s voice has been loud but vague, long on problems, short on solutions. Others have argued that the fault-lines in the global financial system, which chasmed during the crisis, are essentially unaltered, that reform has failed,” Mr Haldane said. “I wish to argue that both are wrong – that Occupy’s voice has been both loud and persuasive and that policymakers have listened and are acting in ways which will close those fault-lines. In fact, I want to argue that we are in the early stages of a reformation of finance, a reformation which Occupy has helped stir.” Speaking at an Occupy Economics event in central London, Mr Haldane said that Occupy had been “successful in its efforts to popularise the problems of the global financial system for one very simple reason: they are right.” He added that protesters ... “touched a moral nerve in pointing to growing inequities in the allocation of wealth”. Mr Haldane ended with a direct appeal to activists to continue putting pressure on governments and regulators. He said: “You have put the arguments. You have helped win the debate. And policymakers, like me, will need your continuing support in delivering that radical change.”

Note: For deeply revealing reports from reliable major media sources on financial corruption, click here.


Remote U.S. base at core of secret operations
2012-10-25, Washington Post
Posted: 2012-11-08 09:45:22
http://www.washingtonpost.com/world/national-security/remote-us-base-at-core-...

Around the clock, about 16 times a day, drones take off or land at a U.S. military base [in Djibouti], the combat hub for the Obama administration’s ... wars in the Horn of Africa and the Middle East. Some of the unmanned aircraft are bound for Somalia. Most of the armed drones, however, veer north across the Gulf of Aden to Yemen. Camp Lemonnier began as a temporary staging ground for U.S. Marines looking for a foothold in the region a decade ago. Over the past two years, the U.S. military has clandestinely transformed it into the busiest Predator drone base outside the Afghan war zone. The Obama administration has gone to extraordinary lengths to conceal the legal and operational details of its targeted-killing program. Increasingly, the orders to find, track or kill [targeted] people are delivered to Camp Lemonnier. Secrecy blankets most of the [500-acre] camp’s activities. In August, the Defense Department delivered a master plan to Congress detailing how the camp will be used over the next quarter-century. About $1.4 billion in construction projects are on the drawing board, including a huge new compound that could house up to 1,100 Special Operations forces, more than triple the current number. Drones will continue to be in the forefront. Today, Camp Lemonnier is the centerpiece of an expanding constellation of half a dozen U.S. drone and surveillance bases in Africa ... from Mali to Libya to the Central African Republic. The U.S. military also flies drones from small civilian airports in Ethiopia and the Seychelles, but those operations pale in comparison to what is unfolding in Djibouti.

Note: For deeply revealing reports from reliable major media sources on the secret and illegal operations of the "global war on terror," click here.


Soldiers win $85m compensation from Iraq war contractor
2012-11-03, The Guardian (One of the UK's leading newspapers)
Posted: 2012-11-08 09:36:20
http://www.guardian.co.uk/world/2012/nov/03/soldiers-win-compensation-iraq-co...

A jury has ordered an $85m compensation payout by the American military contractor Kellogg Brown and Root ... after finding it guilty of negligence for illnesses suffered by a dozen soldiers who guarded an oilfield water plant during the Iraq war. KBR was ordered to pay $6.2m to each of the soldiers in punitive damages and $850,000 in non-economic damages. During the Iraq war KBR was the engineering and construction arm of Halliburton, the biggest US contractor during the conflict. KBR split from Halliburton in April 2007. The US lawsuit was the first concerning American soldiers' exposure to a toxin at a water plant in southern Iraq. The soldiers have said they suffer from respiratory ailments after their exposure to sodium dichromate and fear that a carcinogen it contains – hexavalent chromium – could cause cancer later in life. The contractor's defence ultimately rested on the fact that it informed the US army of the risks of exposure to sodium dichromate. KBR was tasked with reconstructing the decrepit, scavenged plant just after the March 2003 invasion while troops from the US national guard defended the area. Bags of unguarded sodium dichromate – a corrosive substance used to keep pipes at the water plant free of rust – were ripped open, allowing the substance to spread across the plant and into the air. When KBR was still part of Halliburton it won a large share of Pentagon contracts to build and manage US military bases in Iraq after the 2003 invasion. Its former chief executive, Dick Cheney, was US vice-president.


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