Government Corruption News StoriesExcerpts of Key Government Corruption News Stories in Major Media
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Over the past three years, more than 60 institutions, including several of the world's most prestigious research centers, have been criticized by the U.S. government for failing to protect human subjects adequately. As recently as 1974 individual scientists and their financial backers could decide for themselves what constituted ethical research. Most of the time their judgment was sound, but there were plenty of appalling exceptions. In the 1950s Army doctors gave LSD to soldiers without telling them what it was. In 1963 researchers injected prisoners and terminally ill patients with live cancer cells to test their immune responses; they were told only that it was a "skin test." In the 1950s mentally retarded children at Willowbrook, a state institution in New York, were deliberately infected with hepatitis so that scientists could work on an experimental vaccine. And in perhaps the most infamous case on record, doctors at Georgia's Tuskegee Institute, starting in the 1930s, deliberately withheld treatment from syphilis-infected African-American men for 40 years to monitor the course of the disease. Financial conflicts of interest can extend not only to the institutions but also to the researchers themselves. Jesse Gelsinger's death in the University of Pennsylvania's gene-therapy trial in 1999 seemed especially scandalous [because] James Wilson, the principal investigator in the study, held a 30% equity stake in Genovo, which owned the rights to license the drug Wilson was studying; the university owned 3.2% of the company. When Targeted Genetics Corp. acquired Genovo, Wilson reportedly earned $13.5 million and Penn $1.4 million.
Note: For a powerful, reliable list of astounding incidents in which government and medical professionals used humans as guinea pigs over the past hundred years and continuing to the present, click here. Links are provided to reliable sources for verification. For key facts on government mind control programs, click here.
Two months before September 11 Osama bin Laden flew to Dubai for 10 days for treatment at the American hospital, where he was visited by the local CIA agent, according to the French newspaper Le Figaro. Bin Laden is reported to have arrived in Dubai on July 4 from Quetta in Pakistan with his own personal doctor, nurse and four bodyguards, to be treated in the urology department. While there he was visited by several members of his family and Saudi personalities, and the CIA. The CIA chief was seen in the lift, on his way to see Bin Laden, and later, it is alleged, boasted to friends about his contact. Intelligence sources say that another CIA agent was also present; and that Bin Laden was also visited by Prince Turki al Faisal, then head of Saudi intelligence, who had long had links with the Taliban, and Bin Laden. The American hospital in Dubai emphatically denied that Bin Laden was a patient there. Washington last night also denied the story. Bin Laden has often been reported to be in poor health. Some accounts claim that he is suffering from Hepatitis C, and can expect to live for only two more years. According to Le Figaro, last year he ordered a mobile dialysis machine to be delivered to his base at Kandahar in Afghanistan.
Note: For many unanswered questions about the official account of 9/11 asked by highly-respected professors and officials, click here and here.
A Senate panel has concluded that Goldman Sachs Group Inc. profited from the financial crisis by betting billions against the subprime mortgage market, then deceived investors and Congress about the firm's conduct. Some of the findings in the report by the Senate's Permanent Subcommittee on Investigations will be referred to the Justice Department and the Securities and Exchange Commission for possible criminal or civil action, said Sen. Carl Levin (D-Mich.), the panel's chairman. The giant investment bank was just one focus of the subcommittee's probe into Wall Street's role in the financial crisis. The 639-page report — based on internal memos, emails and interviews with employees of financial firms and regulators — casts broad blame, saying the crisis was caused by "conflicts of interest, heedless risk-taking and failures of federal oversight." Among the culprits cited by the panel are Washington Mutual, a major mortgage lender that failed in 2008, as well as the Office of Thrift Supervision, a federal bank regulator, and credit rating firms. Asked if he was disappointed that no Wall Street figures had gone to jail in connection with the crisis, Levin responded, "There's still time."
Note: For many key reports from major media sources illuminating how major financial corporations knowingly brought about the global financial crisis and profited from it, click here.
Analysts who reviewed complex mortgage bonds that ultimately collapsed and ruined the U.S. housing market were threatened with firing if they lost lucrative business, prompting faulty ratings on trillions of dollars worth of junk mortgage bonds, a Senate report said [on April 13]. The 639-page report by the Senate Permanent Subcommittee on Investigations confirms much of what McClatchy Newspapers first reported about mismanagement by credit ratings agencies in 2009. Credit rating agencies are supposed to provide independent assessments on the quality of debt being issued by companies or governments. Traditionally, investments rated AAA had a probability of failure of less than 1 percent. But in collusion with Wall Street investment banks, the Senate report concludes, the top two ratings agencies - Moody's Investors Service and Standard & Poor's - effectively cashed in on the housing boom by ignoring mounting evidence of problems in the housing market. Profits at both companies soared, with revenues at market leader Moody's more than tripling in five years. Then the bottom fell out of the housing market, and Moody's stock lost 70 percent of its value; it has yet to fully recover. More than 90 percent of AAA ratings given in 2006 and 2007 to pools of mortgage-backed securities were downgraded to junk status.
Note: For many key reports from major media sources illuminating how major financial corporations knowingly brought about the global financial crisis and profited from it, click here.
Radiation from Japan has been detected in drinking water in 13 more American cities, and cesium-137 has been found in American milk -— in Montpelier, Vermont -— for the first time since the Japan nuclear disaster began, according to data released by the Environmental Protection Agency [on April 8]. Milk samples from Phoenix and Los Angeles contained iodine-131 at levels roughly equal to the maximum contaminant level permitted by EPA, the data shows. The cesium-137 found in milk in Vermont is the first cesium detected in milk since the Fukushima-Daichi nuclear accident occurred last month. The sample contained 1.9 picoCuries per liter of cesium-137, which falls under the [EPA's] 3.0 standard. Airborne contamination continues to cross the western states, the new data shows, and Boise has seen the highest concentrations of radioactive isotopes in rain so far. A rainwater sample collected in Boise on March 27 contained 390 picocures per liter of iodine-131, plus 41 of cesium-134 and 36 of cesium-137. EPA released this result for the first time yesterday. Typically several days pass between sample collection and data release because of the time required to collect, transport and analyze the samples. In most of the data released Friday the levels of contaminants detected are far below the standards observed by EPA and other U.S. agencies.
Note: For lots more on corporate and government corruption, click here and here.
Japanese officials have been forced to explain why it took them a month to disclose large-scale releases of radioactive material in mid-March at a crippled nuclear-power plant. The government announced [on April 12] that it had raised its rating of the severity of the accident at the Fukushima Daiichi nuclear complex to 7, the worst on an international scale, from 5. Japan's new assessment was based largely on computer models showing heavy emissions of radioactive iodine and cesium March 14-16, soon after a magnitude-9.0 earthquake and tsunami rendered the plant's emergency cooling system inoperative. The nearly monthlong delay in acknowledging the extent of these emissions is a fresh example of confused data and analysis from the Japanese and put authorities on the defensive about whether they have delayed or blocked the release of information to avoid alarming the public. Seiji Shiroya, a commissioner of Japan's Nuclear Safety Commission, an independent panel that oversees the country's nuclear industry, ... suggested a public-policy reason for having kept quiet. "Some foreigners fled the country even when there appeared to be little risk," he said. "If we immediately decided to label the situation as Level 7, we could have triggered a panicked reaction." The peak release in emissions of radioactive particles took place after hydrogen explosions at three Fukujima reactors.
Note: For lots more on corporate and government corruption, click here and here.
A month after a devastating earthquake sent a wall of water across the Japanese landscape, the global terrain of the atomic power industry has been forever altered. The ongoing drama at the power plant in Fukushima ... has erased the momentum the nuclear industry has seen in recent years. Before Fukushima, a "nuclear renaissance" - as it was termed in the press - seemed well underway, except for this point: Nuclear power, as a total of world energy supply, has been in steady decline for the past decade. From 2000 to 2008, nuclear energy dropped from 16.7% to 13.5% of global energy production, according to the World Nuclear Industry Status Report 2009. The 2010-11 preliminary report, expected to be released [on April 20], will show the downward trend has continued. Costs of nuclear power plants can be as high as $10 billion. The average construction time is seven years, but with licensing approval new builds often take a decade. Nuclear power reactors are dependent on government subsidies and loan guarantees to be built, cover costs in case of accidents and assume long-term responsibility for storage of spent radioactive fuel, critics say, which artificially lowers the cost of production. Market reaction has been swift against the nuclear industry after the Fukushima disaster. Companies on the Standard & Poor's Clean Energy Index rose on average 17% in the wake of the disaster, while companies on the S&P Nuclear Index fell 8.7%.
Note: For lots more on corporate and government corruption, click here and here.
Pakistan has demanded that the United States steeply reduce the number of Central Intelligence Agency operatives and Special Operations forces working in Pakistan, and that it halt C.I.A. drone strikes aimed at militants in northwest Pakistan. The request was a sign of the near collapse of cooperation between the two testy allies. Pakistani and American officials said in interviews that the demand that the United States scale back its presence was the immediate fallout from the arrest in Pakistan of Raymond A. Davis, a C.I.A. security officer who killed two men in January. In all, about 335 American personnel -- C.I.A. officers and contractors and Special Operations forces -- were being asked to leave the country, said a Pakistani official closely involved in the decision. It was not clear how many C.I.A. personnel that would leave behind; the total number in Pakistan has not been disclosed. But the cuts demanded by the Pakistanis amounted to 25 to 40 percent of United States Special Operations forces in the country, the officials said. The number also included the removal of all the American contractors used by the C.I.A. in Pakistan. In addition to the withdrawal of all C.I.A. contractors, Pakistan is demanding the removal of C.I.A. operatives involved in "unilateral" assignments like Mr. Davis's that the Pakistani intelligence agency did not know about, the Pakistani official said.
Note: For further reports from major media sources on the long history of relations between the CIA and the Pakistani secret service, and their joint creation of and support for the Taliban, click here.
For the well-off, this could be the best tax day since the early 1930s: Top tax rates on ordinary income, dividends, estates and gifts will remain at or near historically low levels for at least the next two years, thanks in part to federal legislation passed in December. The 400 U.S. taxpayers with the highest adjusted gross income paid income taxes at an actual, or “effective,” rate of just under 17 percent in 2007, down from almost 30 percent in 1995, according to the Internal Revenue Service. The effective rate for the 1.4 million people in the top 1 percent of taxpayers dropped to 23 percent the year before. That means the top 400 pay a lower rate than the next 1,399,600 or so. Much of the top 400´s income is from dividends and capital gains, generated by everything from appreciated real estate to stocks and the sale of family businesses. As Warren Buffett has said, since most of his income is from dividends, his tax rate is less than that of the people who clean his office.
Note: For lots more on government corruption from reliable sources, click here.
It's bizarre but, it turns out, Wall Street cut corners when it created those mortgage-backed investments that triggered the financial collapse. Now that banks want to evict people, they're unwinding these exotic investments to find, that often, the legal documents behind the mortgages aren't there. Caught in a jam of their own making, some companies appear to be resorting to forgery and phony paperwork to throw people - down on their luck - out of their homes. This past January in Los Angeles, 37,000 homeowners facing foreclosure showed up to an event to beg their bank for lower payments on their mortgage. In February in Miami, 12,000 people showed up to a similar event. For many that's when the real surprise comes in: these same banks have fouled up all of their own paperwork to a historic degree. There were a million foreclosures last year. And there will be another million this year - those lawsuits are forcing open those bundled, mortgage-backed securities that Wall Street cooked up in the mid 2000s, and exposing a lack of ownership documents all across the country. Banks are defensive because all 50 state attorneys general want to punish them: the states are seeking about $20 billion in damages for what they say is the irresponsible, perhaps criminal way, that some mortgage companies handled what is, for most folks, the most important investment of their lives.
Note: To watch the amazing 14-minute video of this article, click here. Learn how banks paid a company which hired people off the streets to pretend they were bank vice presidents and sign thousands of documents fraudulently. For lots more from reliable sources on the criminal practices of mortgage lenders, click here.
Do you know who really owns your mortgage? That question has become a nightmare for many homeowners since the invention of mortgage-backed securities. Yes, those were the exotic investments that sparked the financial collapse in this country. And they're still causing problems. As it turns out, Wall Street cut corners when it bundled homeowners' mortgages into securities that were traded from investor to investor. Now that banks are foreclosing on people, they're finding that the legal documents behind many mortgages are missing. So, what do the banks do? Some companies appear to be resorting to forgery and phony paperwork in what looks like a nationwide epidemic. Even if you're not at risk of foreclosure, there could be legal ramifications for a homeowner if the chain of title has been lost.
Note: Don't miss at the link above the most excellent, six-minute CBS video explaining more on this blatant deception and manipulation by many banks. You have to put up with a one-minute commercial shortly after the video starts. For lots more from reliable sources on the criminal practices of mortgage lenders, click here.
The 50 U.S. states are holding more than $32 billion worth of unclaimed property that they're supposed to safeguard for their citizens. But ... some states aggressively seize property that isn't really unclaimed and then use the money -- your money -- to balance their budgets. Unclaimed property consists of things like forgotten apartment security deposits, uncashed dividend checks and safe-deposit boxes abandoned when an elderly relative dies. Banks and other businesses are required to turn that property over to the state for safekeeping. The problem is that the states return less than a quarter of unclaimed property to the rightful owners. San Francisco resident Carla Ruff's safe-deposit box was drilled, seized, and turned over to the state of California, marked "owner unknown." Unknown? Carla's name was right on documents in the box at the Noe Valley Bank of America location. So was her address -- a house about six blocks from the bank. Carla had a checking account at the bank, too -- still does -- and receives regular statements. Plus, she has receipts showing she's the kind of person who paid her box rental fee. And yet, she says nobody ever notified her. To make matters worse, Ruff discovered the loss when she went to her box to retrieve important paperwork she needed because her husband was dying. Those papers had been shredded. And that's not all. Her great-grandmother's precious natural pearls and other jewelry had been auctioned off. They were sold for just $1,800, even though they were appraised for $82,500.
Note: For lots more on government corruption from reliable sources, click here.
Weeks before the terrorist attacks on 11 September, the United States and the United Nations ignored warnings from a secret Taliban emissary that Osama bin Laden was planning a huge attack on American soil. The warnings were delivered by an aide of Wakil Ahmed Muttawakil, the Taliban Foreign Minister at the time, who was known to be deeply unhappy with the foreign militants in Afghanistan, including Arabs. The minister then ordered him to alert the US and the UN about what was going to happen. The message was disregarded because of what sources describe as "warning fatigue". At the same time, the FBI and the CIA failed to take seriously warnings that Islamic fundamentalist students had enrolled in flight schools across the US. Mr Muttawakil's aide, who has stayed on in Kabul and who has to remain anonymous for his security, described in detail to The Independent how he alerted first the Americans and then the United Nations of the coming calamity of 11 September.
Note: If the above link fails, click here. For many other revealing major media articles raising serious questions about what happened on 9/11, click here.
Scientists have created genetically modified cattle that produce "human" milk in a bid to make cows' milk more nutritious. The scientists have ... introduced human genes into 300 dairy cows to produce milk with [some of] the same properties as human breast milk. The scientists behind the research ... hope genetically modified dairy products from herds of similar cows could be sold in supermarkets. The research has the backing of a major biotechnology company. Genetically modified food has become a highly controversial subject and currently they can only be sold in the UK and Europe if they have passed extensive safety testing. The consumer response to GM food has also been highly negative, resulting in many supermarkets seeking to source products that are GM free. Helen Wallace, director of biotechnology monitoring group GeneWatch UK, said: "We have major concerns about this research to genetically modify cows with human genes. There are major welfare issues with genetically modified animals as you get high numbers of still births. There is a question about whether milk from these cows is going to be safe for humans and it is really hard to tell that unless you do large clinical trials like you would a drug, so there will be uncertainty about whether it could be harmful to some people. Ethically there are issues about mass producing animals in this way."
Note: For a powerful summary of the dangers of genetically modified foods, click here. And for other major media news articles exposing the serious risks and dangers of genetically modified foods, click here.
In his new book, 63 Documents the Government Doesn't Want You to Read, former wrestler turned governor of Minnesota Jesse Ventura takes a close and at times disturbing look at major historical events. Ventura draws on public but often overlooked information about such events as John F. Kennedy's assassination and the 9/11 attacks, offering fresh, often intriguing insights. Here is an excerpt: "There is little value in ensuring the survival of our nation if our traditions do not survive with it. And there is very grave danger that an announced need for increased security will be seized upon by those anxious to expand its meaning to the very limits of official censorship and concealment." – John F. Kennedy This book is titled 63 Documents the Government Doesn't Want You to Read, lest we forget that 1963 was the year that claimed the life of our 35th President. The conspiracy that killed JFK, and the cover-up that followed, is the forerunner for a lot of what you're going to read about in these pages. In fact, the idea behind this book came out of writing my last one, American Conspiracies. In poring through numerous documents, many of them available through the Freedom-of-Information Act, I came to realize the importance of the public's right to know. Let me begin by saying how concerned I am that we're moving rapidly in the direction President Kennedy tried to warn us about.
Note: Jesse Ventura reveals amazing information in this powerful interview. You might appreciate the video and all 10 pages available at the ABC News link above. For key reports from major media sources that shed light on the unsolved assassination of JFK and other major US political leaders, click here.
Confounding lawyers and legal scholars all over the world, Judge John Walker, first cousin of former President George W. Bush, was one of three judges of the 2nd Circuit Court of Appeals to hear argument [on April 5] in Gallop v. Cheney, Rumsfeld and Myers. The lawsuit was brought by a soldier injured during the attack on the Pentagon and accuses former Vice President Dick Cheney, former Secretary of Defense Donald Rumsfeld, and former Chairman of the Joint Chiefs of Staff, Richard Myers, of conspiring to facilitate the terrorist attacks of 9/11. The attacks killed 3000 Americans, plus many who have died from the toxic clean-up conditions at Ground Zero. Attorney William Veale, acting for April Gallop, learned of the assignment the usual 5 days before the argument, and filed a motion to disqualify Judge Walker. There was no prior decision regarding the motion, and when Veale asked about it in court the motion was denied by Judge Winter. Veale then requested a continuance to seek appellate review of the court's ruling but that was denied as well. Veale, amidst frequent interruptions from the three judges, managed to point out Cheney's direct involvement in tracking and dealing with the airplane that was heading for the Pentagon, as reported to the 9/11 Commission by then Secretary of Transportation Norman Mineta, a winner of the Presidential Medal of Freedom.
Note: For a description of this important court case brought by US soldier April Gallop, who was in the Pentagon where it was struck on 9/11 and whose account was suppressed by the FBI and has been brought to light by, among others, Jesse Ventura on his recent television program on the Pentagon, click here and here.
Igor Gramotkin is ... the manager of the Chernobyl nuclear power plant in Ukraine, and has spent more than two decades at the site of the most devastating nuclear accident in history, trying to stop further radiation emissions and cleaning the area. Mr Gramotkin admitted that the destroyed reactor, still full of radioactive waste and nuclear fuel, remains "a threat not only to Ukraine but to the whole world" until it is encased in a vast steel structure that is being built. In the months after the accident, a makeshift "sarcophagus" had been constructed to encase the reactor, but it is now unstable and, despite work to shore it up, experts say a new shelter is desperately needed in case the old one collapses. At more than 100m tall, the shelter will be the largest moveable structure ever built. Those building it still have to be extremely careful. Standing in the area immediately around the plant subjects a person to radiation equivalent to about one old-style chest X-ray per day. The human costs of the Chernobyl accident are ... horrific by any estimate. [Some] studies put the figure in the hundreds of thousands. There are incidences of genetic mutations, children born lacking organs, and dramatically elevated thyroid cancer levels in local children, who drank milk contaminated with radioactive iodine in the years after the accident.
Note: For many reports from major media sources on the government and corporate corruption that allows the nuclear industry to continue, click here and here.
The chaos at the Fukushima Daiichi nuclear plant — explosions, fires, ruptures — has not shaken the bipartisan support in partisan Washington for the U.S.'s so-called nuclear renaissance. Republicans have dismissed Japan's crisis as a once-in-a-lifetime fluke. President Obama has defended atomic energy as a carbon-free source of power, resisting calls to halt the renaissance and freeze construction of the U.S.'s first new reactors in over three decades. But there is no renaissance. Even before the earthquake-tsunami one-two punch, the endlessly hyped U.S. nuclear revival was stumbling, pummeled by skyrocketing costs, stagnant demand and skittish investors, not to mention the defeat of restrictions on carbon that could have mitigated nuclear energy's economic insanity. Obama has offered unprecedented aid to an industry that already enjoyed cradle-to-grave subsidies, and the antispending GOP has clamored for even more largesse. But Wall Street hates nukes as much as K Street loves them, which is why there's no new reactor construction to freeze. Once hailed as "too cheap to meter," nuclear fission turns out to be an outlandishly expensive method of generating juice for our Xboxes.
Note: For many reports from major media sources on the government and corporate corruption that allows the nuclear industry to continue, click here and here.
Does Libya set a precedent? If a revolt breaks out again in Iran, and the regime cracks down with brutal force, will the United States support a Libya-style response? Is there an "Obama Doctrine" emerging? It looks like it. It appears that Obama is ready to use U.S. military force anytime, anywhere, for any reason that he — without Congressional approval or UN support — deems legitimate. During the course of the "War on Terror," now a decade old, there has been a constant barrage of efforts to disparage those who called Iraq, or Afghanistan, a "war for oil." It's not bizarre at all to argue that what animates nearly the entirety of American policy toward the region from Algeria to Iran is concern about oil and natural gas. That's been the driving force behind the creation of the Rapid Deployment Force by President Carter, the establishment of Centcom by President Reagan, the invasion of Kuwait by President Bush I and America's arming of Saudi Arabia and the other members of the so-called Gulf Cooperation Council. It's why Obama muses about "maintaining the flow of commerce" by military means. Which brings us to Iran. If the anti-Ahmadinejad forces rise up again, and perhaps take control of a city like Shiraz, or if Iranian oil workers strike and take control of a southern oil city such as Ahwaz, ... the regime would crack down brutally. And then what?
Note: For many reports exposing the real reasons behind the "endless war" policy of the Bush/Cheney and Obama administrations, click here.
Dexia SA (DEXB), based in Brussels and Paris, borrowed as much as $33.5 billion through its New York branch from the Fed’s “discount window” lending program, according to Fed documents released yesterday in response to a Freedom of Information Act request. Dublin-based Depfa Bank Plc, taken over in 2007 by a German real-estate lender later seized by the German government, drew $24.5 billion. The biggest borrowers from the ... discount window as the program reached its crisis-era peak were foreign banks, accounting for at least 70 percent of the $110.7 billion borrowed during the week in October 2008 when use of the program surged to a record. The disclosures may stoke a reexamination of the risks posed to U.S. taxpayers by the central bank’s role in global financial markets. Separate data disclosed in December on temporary emergency-lending programs set up by the Fed also showed big foreign banks as borrowers. Six European banks were among the top 11 companies that sold the most debt overall -- a combined $274.1 billion -- to the Commercial Paper Funding Facility. Those programs also loaned hundreds of billions of dollars to the biggest U.S. banks, including JPMorgan Chase & Co., Bank of America Corp., Citigroup Inc. and Morgan Stanley.
Note: For a treasure trove of reports from reliable sources on the bailout of banks worldwide by the US taxpayer, 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.