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.

In a five-four ruling this week, the supreme court decided that anyone can be strip-searched upon arrest for any offense, however minor, at any time. [This joins] the NDAA, which lets anyone be arrested forever at any time, and HR 347, the "trespass bill", which gives you a 10-year sentence for protesting anywhere near someone with secret service protection. Is American strip-searching benign? The man who had brought the initial suit ... described having been told to "turn around. Squat and cough. Spread your cheeks." There's the sexual abuse of prisoners at Bagram, [where] in some cases, an interrogator would place his penis along the face of the detainee while he was being questioned. Other inmates were raped with sticks or threatened with anal sex. And there's the policy ... to grope US travelers genitally or else force them to go through a machine – made by a company, Rapiscan, owned by terror profiteer and former DHA czar Michael Chertoff – with images so vivid that it has been called the "pornoscanner". Believe me: you don't want the state having the power to strip your clothes off. History shows that the use of forced nudity by a state that is descending into fascism is powerfully effective in controlling and subduing populations. Where are we headed? These recent laws ... are being set up to work in concert with a see-all-all-the-time surveillance state. Remember, you don't need to have done anything wrong to be arrested in America any longer. The man who was forced to spread his buttocks was stopped for a driving infraction. As one internet advocate said: "There is a race against time: they realise the internet is a tool of empowerment that will work against their interests, and they need to race to turn it into a tool of control."

Note: How sad that it takes a British newspaper to spell out the highly repressive and invasive new laws being passed in the US. For many revealing major media articles showing the dangers of big brother in our world, click here. For excellent articles revealing the severe erosion of civil liberties, click here.

The government will be able to monitor the calls, emails, texts and website visits of everyone in the UK under new legislation set to be announced soon. Internet firms will be required to give intelligence agency GCHQ access to communications on demand, in real time. The Home Office says the move is key to tackling crime and terrorism, but civil liberties groups have criticised it. Tory MP David Davis called it "an unnecessary extension of the ability of the state to snoop on ordinary people". A new law ... would not allow GCHQ to access the content of emails, calls or messages without a warrant. But it would enable intelligence officers to identify who an individual or group is in contact with, how often and for how long. They would also be able to see which websites someone had visited. Conservative MP and former shadow home secretary David Davis said it would make it easier for the government "to eavesdrop on vast numbers of people". "What this is talking about doing is not focusing on terrorists or criminals, it's absolutely everybody's emails, phone calls, web access..." He said that until now anyone wishing to monitor communications had been required to gain permission from a magistrate. Nick Pickles, director of the Big Brother Watch campaign group, called the move "an unprecedented step that will see Britain adopt the same kind of surveillance seen in China and Iran". The previous Labour government attempted to introduce a central, government-run database of everyone's phone calls and emails, but eventually dropped the bid after widespread anger.

Note: For more on this from BBC, click here. Though this is interesting news, many know that the government has had easy access to all people's emails, phone calls, and more for many years through systems like echelon and more. For an abundance of major media articles showing how many of the power elite want to create a big-brother society, click here.

On April 19, 1995, a huge truck bomb destroyed a large part of the Alfred P. Murrah Federal Building in Oklahoma City ... killing 168 people, including 19 children. In a matter of days the FBI established that the bombing was the work of a conspiracy. The first conspirator arrested was Timothy McVeigh, a 27-year-old Army veteran. The second conspirator arrested was Terry Nichols. "Oklahoma City," an extraordinarily well-researched book, asserts that the FBI investigation of the bombing was badly flawed and missed, or disregarded, evidence of a larger conspiracy. The authors, Andrew Gumbel and Roger Charles, are both highly regarded investigative reporters who have been immersed in this case for more than a decade. They were given access to vast amounts of material assembled by the defense teams, including 18,000 FBI witness interviews. The book ... outlines how federal prosecutors, eager to wrap up the McVeigh and Nichols cases, avoided raising questions about possible co-conspirators that the defense could use to confound a jury. Among the glaring gaps in the investigation was the failure of the FBI to attempt to match the more than 1,000 unidentified latent fingerprints found in the investigation. [And] almost all the eyewitnesses to the crime claimed that McVeigh was not alone. No fewer than 24 witnesses said that they saw McVeigh, just before and after the crime, with a man who could not have been ... Mr. Nichols. The FBI concluded that these witnesses had all been confused. Certainly eyewitness testimony can be unreliable, but 24 mistaken witnesses—and no accurate ones?

Note: Many aspects of the Oklahoma City bombing were covered up. For a compilation of media videos showing without doubt there were other bombs in the building which later were completely ignored, click here. For other major media articles showing major manipulation, click here click here, here, and here.

WikiLeaks' publication starting Nov. 28 of more than 250,000 diplomatic cables was the largest unauthorized release of contemporary classified information in history. It contained 11,000 documents marked secret. The WikiLeaks revelations could change history. The number of documents and other communications [classified as secret] has skyrocketed nearly 10 times, from 5,685,462 in 1996 to 54,651,765 in 2009. Governments are calling more things secret when they are really not. The number of people with access to that Everest of information has grown too. In its deep investigation of American secrecy earlier this year, the Washington Post found that some 854,000 people inside and out of government had top-secret clearance, the highest classification. [Julian Assange] has launched a crusade predicated on the idea that nearly all information should be free and that confidentiality in government affairs is an affront to the governed. In the process, he has published everything from a video of U.S. troops killing civilians in Iraq to the documents behind the so-called Climategate scandal. "When trusted insiders no longer have faith in the judgment of government regarding secrets, then they start to substitute their own judgment," says William J. Bosanko, head of the Information Security Oversight Office. "The world is moving irreversibly in the direction of openness, and those who learn to operate with fewer secrets will ultimately have the advantage over those who futilely cling to a past in which millions of secrets can be protected," says a former intelligence-community official.

Note: For an abundance of major media articles showing the problems with excessive secrecy, click here.

A man whose lies helped to make the case for invading Iraq – starting a nine-year war costing more than 100,000 lives and hundreds of billions of pounds – will come clean in his first British television interview tomorrow [click here for interview]. "Curveball", the Iraqi defector who fabricated claims about Iraq's weapons of mass destruction, smiles as he confirms how he made the whole thing up. It was a confidence trick that changed the course of history, with Rafid Ahmed Alwan al-Janabi's lies used to justify the Iraq war. The chemical engineer claimed to have overseen the building of a mobile biological laboratory when he sought political asylum in Germany in 1999. His lies were presented as "facts and conclusions based on solid intelligence" by Colin Powell, US Secretary of State, when making the case for war at the UN Security Council in February 2003. But Mr Janabi ... says none of it was true. US officials "sexed up" Mr Janabi's drawings of mobile biological weapons labs to make them more presentable, admits Colonel Lawrence Wilkerson, General Powell's former chief of staff. "I brought the White House team in to do the graphics," he says, adding how "intelligence was being worked to fit around the policy". Another revelation ... is the real reason why the FBI swooped on Russian spy Anna Chapman in 2010. Top officials feared the glamorous Russian agent wanted to seduce one of US President Barack Obama's inner circle. The fear that Chapman would compromise a senior US official in a "honey trap" was a key reason for the arrest and deportation of the Russian spy ring of 10 people.

Note: For a Washington Post blog on this important development, click here. For a revealing essay by a top U.S. general on major war manipulations, click here. For many major media articles on this topic, click here.

The Supreme Court on Monday ruled by a 5-to-4 vote that officials may strip-search people arrested for any offense, however minor, before admitting them to jails even if the officials have no reason to suspect the presence of contraband. Justice Anthony M. Kennedy, joined by the court’s conservative wing, wrote that courts are in no position to second-guess the judgments of correctional officials. The procedures endorsed by the majority are forbidden by statute in at least 10 states. According to a supporting brief filed by the American Bar Association, international human rights treaties also ban the procedures. Justice Stephen G. Breyer, writing for the four dissenters, said the strip searches the majority allowed were “a serious affront to human dignity and to individual privacy” and should be used only when there was good reason to do so. Justice Breyer said that the Fourth Amendment should be understood to bar strip searches of people arrested for minor offenses not involving drugs or violence, unless officials had a reasonable suspicion that they were carrying contraband. People have been subjected to “the humiliation of a visual strip search” after being arrested for driving with a noisy muffler, failing to use a turn signal and riding a bicycle without an audible bell. A nun was strip-searched ... after an arrest for trespassing during an antiwar demonstration. In a study of 23,000 people admitted to a correctional facility in Orange County, N.Y., using that standard, there was at most one instance of contraband detected that would not otherwise have been found.

Note: For an abundance of major media articles showing severe erosion of civil liberties, click here.

A report this week showing rampant foreclosure abuse in San Francisco reflects similar levels of lender fraud and faulty documentation across the United States, say experts and officials who have done studies in other parts of the country. The audit of almost 400 foreclosures in San Francisco found that 84 percent of them appeared to be illegal, according to the study released by the California city. "The audit in San Francisco is the most detailed and comprehensive that has been done - but it's likely those numbers are comparable nationally," Diane Thompson, an attorney at the National Consumer Law Center, told Reuters. Across the country from California, Jeff Thingpen, register of deeds in Guildford County, North Carolina, examined 6,100 mortgage documents last year, from loan notes to foreclosure paperwork. Of those documents, created between January 2008 and December 2010, 4,500 showed signature irregularities, a telltale sign of the illegal practice of "robosigning" documents. Robosigning involves the use of bogus documents to force foreclosures without lenders having to scrutinize all the paperwork involved with mortgages. The practice was at the heart of the foreclosure scandal that led to a $25 billion settlement between the U.S. government and five major banks last week.

Note: For lots more from major media sources on the illegal foreclosures made by the biggest banks and financial firms, the collusion of government agencies, and more, see our "Banking Bailout" news articles.

Icelanders who pelted parliament with rocks in 2009 demanding their leaders and bankers answer for the countrys economic and financial collapse are reaping the benefits of their anger. Since the end of 2008, the islands banks have forgiven loans equivalent to 13 percent of gross domestic product, easing the debt burdens of more than a quarter of the population, according to a report published this month by the Icelandic Financial Services Association. You could safely say that Iceland holds the world record in household debt relief, said Lars Christensen, chief emerging markets economist at Danske Bank A/S in Copenhagen. Iceland followed the textbook example of what is required in a crisis. Any economist would agree with that. Most polls now show Icelanders dont want to join the European Union, where the debt crisis is in its third year. The islands households were helped by an agreement between the government and the banks, which are still partly controlled by the state, to forgive debt exceeding 110 percent of home values. On top of that, a Supreme Court ruling in June 2010 found loans indexed to foreign currencies were illegal, meaning households no longer need to cover krona losses.

Note: The amazing story of the Icelandic people demanding bank reform is one of the most underreported stories in recent years. Why isn't this all over the news? To see what top journalists say about news censorship, click here. For blatant manipulations of the big banks reported in the major media, click here.

The number of children with autism in the United States continues to rise, according to a new report released ... by the Centers for Disease Control and Prevention. The latest data estimate that 1 in 88 American children has some form of autism spectrum disorder. That's a 78% increase compared to a decade ago, according to the report. In 2000 and 2002, the autism estimate was about 1 in 150 children. Two years later 1 in 125 8-year-olds had autism. In 2006, the number was 1 in 110, and the newest data -- from 2008 -- suggests 1 in 88 children have autism. Boys with autism continue to outnumber girls 5-to-1, according to the CDC report. It estimates that 1 in 54 boys in the United States have autism. A child or adult with an autistic spectrum disorder might: --Repeat actions over and over --Not look at objects when another person points to them --Avoid eye contact and want to be alone --Prefer not to be held or cuddled or might cuddle only when they want to --Appear to be unaware when other people talk to them but respond to other sounds.

Note: Children with autistic characteristics were extremely rare until just the last 50 years or so, when vaccines first started. For dozens of major media articles showing a link between autism and vaccines, click here. For an MSNBC article featuring Robert F. Kennedy, Jr. showing a very strong correlation between vaccines and autism, click here.

One of Japan's crippled nuclear reactors still has fatally high radiation levels and hardly any water to cool its fuel, according to an internal examination that reinforces doubts about the plant's stability. The data collected showed the damage from the disaster is so severe, the plant operator will have to develop special equipment and technology to tolerate the harsh environment and decommission the plant, a process expected to last decades. The No. 2 reactor is the only one plant workers have been able to closely examine so far. Tuesday's examination with an industrial endoscope detected radiation levels up to 10 times the fatal dose inside the chamber. The other two reactors that had meltdowns could be in even worse shape. Three Dai-ichi reactors had meltdowns, but the No. 2 reactor is the only one that has been examined because radiation levels inside the reactor building are relatively low and its container is designed with a convenient slot to send in the endoscope. The exact conditions of the other two reactors, where hydrogen explosions damaged their buildings, are still unknown. Simulations have indicated that more fuel inside No. 1 has breached the core than the other two, but radiation at No. 3 remains the highest. The high radiation levels inside the No. 2 reactor's chamber mean it's inaccessible to the workers. Fukushima's accident has instilled public distrust and concerns about nuclear safety, making it difficult for the government to start up reactors even after regular safety checks. All but one of Japan's 54 reactors are now offline, with the last one scheduled to stop in early May.

Note: For key reports from reliable sources on Fukushima and other cases of corruption in the nuclear power industry, click here.

The Obama administration is moving to relax restrictions on how counterterrorism analysts may retrieve, store and search information about Americans gathered by government agencies for purposes other than national security threats. Attorney General Eric H. Holder Jr. [has] signed new guidelines for the National Counterterrorism Center. The guidelines will lengthen to five years — from 180 days — the amount of time the center can retain private information about Americans when there is no suspicion that they are tied to terrorism, intelligence officials said. The guidelines are also expected to result in the center making more copies of entire databases and “data mining them.” They also set off civil-liberties concerns among privacy advocates who invoked the “Total Information Awareness” program. That program, proposed early in the George W. Bush administration and partially shut down by Congress after an outcry, proposed fusing vast archives of electronic records — like travel records, credit card transactions, phone calls and more. “We’re all in the dark, and for all we know it could be a rerun of Total Information Awareness, which would have allowed the government to make a computerized database of everything on everybody,” said Kate Martin, the director of the Center for National Security Studies, who criticized the administration for not making the draft guidelines public for scrutiny ahead of time.

Note: For excellent and insightful analyses of the disturbing growth of government surveillance and secrecy described in this NYT report, click here and here and here and here.

A group [of] political activists and journalists has launched a legal challenge to stop an American law they say allows the US military to arrest civilians anywhere in the world and detain them without trial as accused supporters of terrorism. The seven figures, who include ex-New York Times reporter Chris Hedges, professor Noam Chomsky and Icelandic politician and WikiLeaks campaigner Birgitta Jonsdottir, testified to a Manhattan judge that the law – dubbed the NDAA or Homeland Battlefield Bill – would cripple free speech around the world. They said that various provisions written into the National Defense Authorization Bill, which was signed by President Barack Obama at the end of 2011, effectively broadened the definition of "supporter of terrorism" to include peaceful activists, authors, academics and even journalists interviewing members of radical groups. Controversy centres on the loose definition of key words in the bill, in particular who might be "associated forces" of the law's named terrorist groups al-Qaida and the Taliban and what "substantial support" to those groups might get defined as. Whereas White House officials have denied the wording extends any sort of blanket coverage to civilians, rather than active enemy combatants, or actions involved in free speech, some civil rights experts have said the lack of precise definition leaves it open to massive potential abuse.

Note: For discussion of the extreme crackdown by police, based on "anti-terrorism" legislation, against Occupy movement protestors, click here.

PAUL SOLMAN, NewsHour economics correspondent: As the Federal Reserve moved rapidly and radically last year to prevent what it feared was an economic meltdown, it bailed out some institutions, but not others, forced mergers, [and] created hundreds of billions of dollars. The net result: increased suspicion of the Fed itself. That's nothing new. The 1913 act of Congress that established America's central bank was ... a compromise between government ... and private banking interests, which owned the 12 regional Fed branches. [All along,] some Americans have been suspicious of the Fed for operating above politics, too close to bankers, and behind closed doors. Simply Google "Federal Reserve." You encounter everything from skepticism to fear of conspiracy. NARRATOR: With the power to regulate the money supply is also the power to bring entire economies and societies to its knees. DONALD KOHN, Federal Reserve vice chairman: We bring information to bear from the private sector, from foreign governments and foreign central banks that they tell us in confidence about what's going on in their businesses. WILLIAM GREIDER, author, "Secrets of the Temple": You could say, "We have to have our meetings in secret because things will be said that are national security secrets, but we'll vet the transcript and release it four weeks later." Why not do that? SOLMAN: A House bill ... would give the Government Accountability Office the right to audit the Fed's interest rate decisions. Chairman Bernanke opposes it as compromising the Fed's independence.

Note: If you look at the top of any U.S. currency, you will see the words "Federal Reserve Note." U.S. dollars are issued and controlled by the Federal Reserve, which is privately owned, though subject to minimal federal oversight. To see just how much control the Federal Reserve has over the issuance of U.S. currency, see their webpage at this link. For lots more on hidden manipulations of the Federal Reserve, click here.

Question: A group proposing a change in monetary policy based on the writings of Stephen Zarlenga (monetary.org) [argues] that the government should print the money, not the Fed or any other private body. H.R. 2990 proposed by Dennis Kucinich is based on these ideas. Are they reasonable to you? Paul Solman: As the Treasury borrows more and more money by issuing bonds and selling them to all comers, it commits itself, "with the full faith and credit" of the United States, to pay back its creditors in full. That means it will either raise taxes in the future or -- and this is the relevant point -- get the Fed to create more money by purchasing bonds on the open market. This is called "monetizing the debt." There's a legitimate case that the Fed has too much power, is insufficiently beholden to the people in what's supposed to be a democracy, since no one on the Fed is chosen by popular election and private bankers are heavily represented on its board. This has long been the argument of financial journalist William Greider, author of a major book on the Fed, "The Secrets of the Temple." Greider: "The idea of giving the Federal Reserve still greater power [is] dangerous. First of all it rewards failure. But secondly, it puts them in the position as arbiter of who shall fail and who shall succeed. It asks to be able to choose what are the 30 or 40 or 50 banks and industrial firms that it regards as systemic risks for the society and ... it will protect those from failure. The government stands behind them and the rest of us are on our own."

Note: If you look at the top of any U.S. currency bill, you will see the words "Federal Reserve Note." Thus, though U.S. dollars are printed by the Treasury, they are issued and controlled by the Federal Reserve, which is privately owned, though subject to minimal federal oversight. To see just how much control the Federal Reserve has over the issuance of U.S. currency, see their webpage at this link. For lots more on hidden manipulations of the Federal Reserve, click here.

Photographs of a plaque thanking [a drug cartel] kingpin for building [a] new modernist church with a 20-metre high metal cross ... caused a scandal when they were published in a national newspaper in October 2010. The scandal has faded but the plaque remains – an uncomfortable reminder of the influence of the drugs culture in the Mexican Catholic church. Narco-church relations are nothing new. In 1993 the leaders of the Tijuana cartel held a secret meeting with the papal nuncio in Mexico City as part of an effort to distance themselves from a chaotic shootout that had killed a cardinal. The meeting was brokered by a Tijuana priest who had received bountiful donations over the years. Pope Benedict [expressed] concern about such relations at the start of his papacy. But while the bishops have since periodically stressed that drug money can never be purified ... they have done little else. While the pope is expected to talk about the violence battering Mexico during his three-day visit ... observers believe he is unlikely to make more than a passing reference to corrosion of the church itself. In the meantime one cartel has sought to take propagandistic advantage of the visit. Banners signed by the Knights Templar cartel hung up around Guanajauto on Sunday welcomed the pope and promised to refrain from "acts of war" during his visit. That same cartel was suspected to be responsible for the appearance of 10 severed heads outside a slaughterhouse in another state on the same day.

The Italian police ... arrested eight people on charges related to the seizure of $6 trillion in fake United States Treasury bonds, in a mysterious scheme that stretched from Hong Kong to Switzerland to the southern Italian region of Basilicata. The value of the seized bonds is in the neighborhood of half of the United States’ entire public debt of $15.36 trillion, but only the uninitiated would have accepted them as real securities. Rather than counterfeit, they were what officials call fictitious, printed in 6,000 units of $1 billion each, a denomination that does not exist and the equivalent of $3 bills. The United States Embassy in Rome said its experts had examined the bonds, which bore the date 1934, and determined that they were fictitious and apparently part of a scheme intended to defraud Swiss banks. According to the Federal Reserve, such “fictitious instrument fraud” is increasingly common, and unwitting investors have been cheated of nearly $10 billion in recent years. In a common ploy, “criminals present fictitious financial instruments such as Federal Reserve notes, standby letters of credit, prime bank guarantees or prime bank notes in order to fraudulently collateralize loans,” the Federal Reserve says on its Web site. In 2009, Italian police seized phony United States Treasury bonds with a face value of $250 billion.

Note: There is a major problem with the claim that these are fake. If you were a counterfeiter and wanted to fake bonds, you would have to be out of your mind to fake them in denominations of $1 billion. As reported here, no one would ever dream of cashing them. For excellent research by David Wilcock suggesting that the bonds are real, and that this may be part of a huge, hidden manipulation, click here.

Corporations pay a lower effective tax rate than Warren Buffett and Mitt Romney, but you wouldn't know it from all the complaints that our corporate tax rate puts our country at a competitive disadvantage. Despite an official corporate tax rate 35 percent, last year, U.S. corporations paid just 12.1 percent of their earnings in federal corporate income taxes. Buffett's tax rate is 17.4 percent; Romney's reported 2010 tax rate was 13.9 percent. Our broken tax system blesses U.S. multinational corporations with lots of loopholes that enable them to pay less in taxes than Main Street businesses. It has starved our government of revenue. Contrary to common perception, U.S. corporations pay far less toward the cost of public services and infrastructure than they did in decades past, and less than foreign competitors pay in their countries today. In the 1950s, corporate federal income taxes accounted for nearly one-third of federal government revenue; in 2011, corporate taxes accounted for less than 8 percent. U.S. corporate profits account for more than 10 percent of GDP, a 50-year high. Federal corporate income taxes collected as a percent of GDP are at a 50-year low. The challenge of corporate taxes and competitiveness is not that rates are too high, but that loopholes, preferences and subsidies make corporate tax collections far too low.

Note: For lots more from major media sources on corporate and government corruption, click here and here.

Government officials have openly discussed details of the mission [to kill Osama bin Laden] in speeches, interviews and television appearances, but the administration won't disclose records that would confirm their narrative of that fateful night. The Associated Press asked for files about the raid in more than 20 separate [FOIA] requests, mostly submitted the day after bin Laden's death. The Pentagon told the AP this month it could not locate any photographs or video taken during the raid or showing bin Laden's body. It also said it could not find any images of bin Laden's body on the Navy aircraft carrier where the al-Qaida leader's body was taken. The Pentagon said it could not find any death certificate, autopsy report or results of DNA identification tests for bin Laden, or any pre-raid materials discussing how the government planned to dispose of bin Laden's body if he were killed. It said it searched files at the Pentagon, U.S. Special Operations Command in Tampa, Fla., and the Navy command in San Diego that controls the USS Carl Vinson, the aircraft carrier used in the mission. The Defense Department told the AP in late February it could not find any emails about the bin Laden mission or his "Geronimo" code name that were sent or received in the year before the raid by William McRaven, the three-star admiral at the Joint Special Operations Command who organized and oversaw the mission. It also could not find any emails from other senior officers who would have been involved in the mission's planning.

Note: WantToKnow team member Prof. David Ray Griffin, in his book Osama bin Laden: Dead or Alive?, lays out the extensive evidence that bin Laden died in December 2001, and that since that time Pentagon psyops had been keeping him "alive" with fake videos and audiotapes to maintain a crucial pretext for the ever-expanding "war on terror." Could it be that the Pentagon will produce no records of its purported "death raid" because in fact it will reveal major manipulations involving bin Laden's death?

Section 101. Purpose. This order delegates authorities and addresses national defense resource policies and programs under the Defense Production Act of 1950. Sec. 103. General Functions. Executive departments and agencies ... responsible for plans and programs relating to national defense ... or for resources and services needed to support such plans and programs, shall: ... (c) be prepared, in the event of a potential threat to the security of the United States, to take actions necessary to ensure the availability of adequate resources and production capability, including services and critical technology, for national defense requirements; ... Sec. 310. Critical Items. The head of each agency engaged in procurement for the national defense is delegated the authority of the President ... to take appropriate action to ensure that critical components, critical technology items, essential materials, and industrial resources are available from reliable sources when needed to meet defense requirements during peacetime, graduated mobilization, and national emergency. Appropriate action may include restricting contract solicitations to reliable sources, restricting contract solicitations to domestic sources (pursuant to statutory authority), stockpiling critical components, and developing substitutes for critical components or critical technology items. [signed] BARACK OBAMA

Note: For analysis of this executive order issued by President Obama giving legal power to the executive office to take control of all national resources, public or private, in peacetime or in war, click here.

Three top executives of MF Global Holdings Ltd. when it collapsed could get bonuses of as much as several hundred thousand dollars each under a plan by a trustee overseeing the securities firm's bankruptcy case. Louis Freeh, the former Federal Bureau of Investigation director now in charge of unwinding what is left of the New York company, is expected to ask a bankruptcy-court judge as soon as this month to approve performance-related payouts for the chief operating officer, finance chief and general counsel at MF Global. Under the expected pay plan, the three executives and as many as 20 other MF Global employees working for Mr. Freeh would get the bonuses only if they hit specified targets such as increasing the value of MF Global's estate for creditors. The bonus plan could face fierce resistance. One reason: Criminal and civil investigators are scrutinizing the role of top executives and others at MF Global in money transfers that resulted in a $1.6 billion shortfall in customer accounts. So far, many hedge funds, farmers and other investors who bought and sold through MF Global have gotten about 72 cents out of every $1 held by the firm when it collapsed. Hopes for additional recoveries have dimmed as the probe grinds on. Neal Wolkoff, a former executive at the New York Mercantile Exchange who now works as a consultant, said it "is shocking" that Messrs. Abelow and Steenkamp still work at MF Global and could earn bonuses "because it represents a conflict of interest."

Note: For an abundance of major media articles revealing major financial manipulations, click 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.