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I participated in an online forum called US CBDC–A Disaster in the making? We had a very productive discussion about the policy aspect of central bank digital currencies (CBDCs). I believe that the Fed should not launch a CBDC. Ever. And I think that Congress should amend the Federal Reserve Act, just to be on the safe side. I want to distinguish between a wholesale CBDC and retail CBDC. With a wholesale CBDC, banks can electronically transact with each other using a liability of the central bank. That is essentially what banks do now. But retail CBDCs are another animal altogether. Retail CBDCs allow members of the general public to make electronic payments of all kinds with a liability of the central bank. This feature–making electronic transactions using a liability of the Federal Reserve–is central to why Congress should make sure that the Fed never issues a retail CBDC. The problem is that the federal government, not privately owned commercial banks, would be responsible for issuing deposits. And while this fact might seem like a feature instead of bug, it's a major problem for anything that resembles a free society. The problem is that there is no limit to the level of control that the government could exert over people if money is purely electronic and provided directly by the government. A CBDC would give federal officials full control over the money going into–and coming out of–every person's account. This level of government control is not compatible with economic or political freedom.
Note: The above was written by Norbert Michel, Vice President and Director of the Cato Institute's Center for Monetary and Financial Alternatives. For more along these lines, see concise summaries of deeply revealing news articles on financial system corruption from reliable major media sources.
Avery Smith ... and LaToya, a podiatrist, tied the knot in 2008. A year and a half into their marriage ... she was diagnosed with Stage 2A Melanoma. A minor surgical procedure is usually enough to cure it. But the following 18 months were revealing for Smith; on December 9th, 2011, LaToya died. He was left scarred by the experience: "I learned about going through illness while being Black," he says. Today, over a decade later, Smith is putting his skills as a software developer to work in an effort to end the racial bias and inequity in skin care that contributed to his wife's death. In 2021, he launched Melalogic, a Baltimore-based startup that provides skin health resources to people with dark skin. A 2016 study shows that the five-year survival rate of Black people with skin cancer is 65 percent, compared to 92 percent for white people. The problem is rooted in racial inequities and biases in medical research and technology. In skin cancers, for instance, AI systems have been used to drastically improve diagnosis. However, these are mostly helpful to white people because diagnostic AI datasets are trained with images of white skin. Smith teamed up with dermatologist Dr. Adewole Adamson to conduct a research project, endorsed by the American Medical Association, on machine learning and health care disparities in dermatology. It was from the research's findings that Smith conceived Melalogic, an app ... dedicated to providing Black people with skin health resources.
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In 2013, [Southern California Edison] announced that San Onofre [Nuclear Generating Station] would be decommissioned. Activists realized that all of the high-level radioactive waste that had accumulated at the plant over the course of its lifetime – 1,600 tons of spent fuel rods – would remain at the site for the foreseeable future. Although the federal government is legally responsible for disposing of commercial spent nuclear fuel in a permanent underground repository, there has been no plan for fulfilling that obligation since the Obama administration halted the project at Nevada's Yucca Mountain in 2010. There are currently about 80 locations in 35 states – mostly at operational and decommissioned nuclear plants – where spent fuel is being stored indefinitely. Among scientific experts and government officials, there is broad consensus that the optimal solution is to eventually bury nuclear waste in a deep geological repository. But that is a long-term goal, and in the near future, [U.S. Rep. Mike] Levin and many others are pushing for "consolidated interim storage." This would mean that the spent fuel scattered at sites across the country would be moved to one or more facilities, in appropriate settings, that would be devoted entirely to safely storing the fuel until a geological disposal facility is ready. "Frankly we have a real problem in the U.S., not just at San Onofre," Levin told me. "San Onofre is just the symptom. The actual problem is that we've got nowhere to move it to."
Note: For more along these lines, see concise summaries of deeply revealing news articles on nuclear power from reliable major media sources.
In a political career rife with flip-flops, few rank as high as Donald Trump's 180 on Saudi Arabia. For more than a decade, Trump had held up the kingdom as a prime example of U.S. foreign policy cozying up to nefarious allies of convenience. Almost immediately upon being sworn in, though, Trump shifted in a more Saudi-friendly direction. He held fast to that posture even after Crown Prince Mohammed bin Salman was implicated in the gruesome murder of Washington Post contributing columnist Jamal Khashoggi. He proceeded to override Congress's objections to U.S. involvement in the Saudi-led war in Yemen and pressed forward with arms deals it had rejected. Trump's solicitousness of the Saudis appeared to help them more than it helped us, and it ran decidedly counter to his "America First" foreign policy. The New York Times reported Sunday that Trump's son-in-law and White House adviser Jared Kushner secured a $2 billion investment for his Affinity Partners private equity firm from a fund led by the Saudi crown prince. This despite the fund's advisers heavily criticizing the proposed deal. The Times noted that ethics experts said the investment could appear as payback for Kushner's help in the White House. The serious reservations raised by the fund's advisers heighten questions about why the deal would go through. It's also a remarkable development amid Trump's long-running, concerted and highly contentious (even among Republicans) attempts to curry favor with, and apologize for, the Saudis.
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The future is decidedly not female for California mosquitoes, or at least that's what researchers hope to achieve when they unleash up to 2.4 billion genetically altered males into the West Coast state starting this summer in an attempt to control the booming populations. The Environmental Protection Agency announced last month that biotech firm Oxitec had received approval to expand its existing pilot program in Florida into California's Central Valley, a campaign that would run through 2024 and release a maximum of 2.4 billion over that time span. By expanding the share of male offspring born each season, it would decrease the chances of female biting mosquitoes from spreading deadly diseases like Zika, dengue and yellow fever. Researchers at Oxitec paired a special protein to the male so that when it mates with a biting female, the only viable offspring that results are more non-biting males. The targeted group is the Aedes aegypti mosquito. California has not yet noted an uptick in the diseases the pests are capable of spreading.
Note: Why does California want to gamble with this risky intervention in nature when these diseases are not even a significant problem there? The release of these GMO mosquitoes in Florida provoked fierce local opposition. Oxitec received millions from the Bill & Melinda Gates Foundation when initially testing these bugs in the wild. For more along these lines, see concise summaries of deeply revealing news articles on GMOs from reliable major media sources.
In Rambouillet, a small French town around 30 miles (50km) south-west of Paris, a soft blue light emanated from a row of cylindrical tubes. Members of the public ... were invited to bathe in the glow for a few minutes. Soon, the same azure glow will illuminate the nearby, tree-lined Place AndrĂ© ThomĂ© et Jacqueline ThomĂ©-PatenĂ´tre, located just across from the aptly named La Lanterne performance hall, at night. These ethereal experiments are also underway across France. But unlike standard streetlamps, which often emit a harsh glare and need to be hooked up to the electricity grid, these otherworldly lights are powered by living organisms through a process known as bioluminescence. This phenomenon – where chemical reactions inside an organism's body produce light – can be observed in many places in nature. Organisms as diverse as fireflies, fungi and fish have the ability to glow through bioluminescence. The turquoise blue glow bathing the waiting room in Rambouillet ... comes from a marine bacterium gathered off the coast of France called Aliivibrio fischeri. The bacteria are stored inside saltwater-filled tubes, allowing them to circulate in a kind of luminous aquarium. Since the light is generated through internal biochemical processes that are part of the organism's normal metabolism, running it requires almost no energy. "Our goal is to change the way in which cities use light," says Sandra Rey, founder of the French start-up Glowee, which is behind the project in Rambouillet.
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Seventy-two people have tested positive for Covid-19 after having attended the Gridiron Dinner in Washington last weekend, including members of the Biden administration and reporters. Gridiron Club President Tom DeFrank said Sunday that the group had reported 72 cases out of the hundreds of people who attended. New York Mayor Eric Adams, who was also at the dinner, tested positive Sunday. It was the first Gridiron Dinner since 2019, before the pandemic, and guests were required to show proof of vaccination, DeFrank said. Agriculture Secretary Tom Vilsack, who has been fully vaccinated and boosted, tested positive Friday ... adding to a new wave of cases that has swept through the nation's capital. Two other members of President Joe Biden's Cabinet, Attorney General Merrick Garland and Commerce Secretary Gina Raimondo, tested positive last week after they attended the annual social gathering of high-profile political media and business figures. Garland attended a news conference with FBI Director Christopher Wray before he tested positive later Wednesday. The Justice Department said it was conducting contact tracing in accordance with protocols set by the Centers for Disease Control and Prevention. Some lawmakers also tested positive after they attended the white-tie event, including Reps. Joaquin Castro, D-Texas, and Adam Schiff, D-Calif., the chairman of the Intelligence Committee.
Note: So are the vaccines really effective at preventing the spread of the virus? If not, then why are there vaccine mandates? Another DC gathering, this one for top media correspondents, spread COVID to dozens, including the US Sect. of State, yet again all were vaccinated. For more along these lines, see concise summaries of deeply revealing news articles on coronavirus vaccines from reliable major media sources.
A lucky Frenchman has decided to dedicate most of his record-breaking $217 million lottery jackpot to a nature foundation he created. The winner, nicknamed "Guy" by French lottery group Françaises des Jeux (FDJ), won the sum in December 2020. "From my point of view, the priority today is saving the planet," Guy [said]. "We must act. It is an absolute emergency. If nothing is done in this regard, all other actions will be in vain. We will no longer exist." Revisiting the moment of his win, Guy [said] he could still remember his doubts and disbelief. After it became clear he was indeed the winner, he said, he made up his mind to put the money to good use. "The minute I found out I was the lucky winner of the EuroMillions, I had the will to share my luck," he said. He was already determined to create his own foundation at the time of his win. The result of Guy's determination is Anyama, a foundation named after a town in Côte d'Ivoire where he spent several years during his childhood. "I have passed on most of my prize money and will gradually give away almost all of it," he said. The Anyama foundation website explained it was Guy's memory of watching trucks loaded with trees in Côte d'Ivoire which motivated him to create an environmental foundation. "This procession of trucks left a deep impression on me and filled me with outrage," he said. The lottery group FDJ welcomed Guy's decision to donate most of his prize to saving the environment ... calling it an exceptional and generous gesture.
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Even though the Biden administration's plan to make community college tuition-free for two years was stripped from the federal Build Back Better bill, the push for free college is alive and well in many parts of the country. While the White House has turned its focus to extending the student loan payment pause, states have been quietly moving forward with plans to pass legislation of their own to make some college tuition-free. Most recently, New Mexico Gov. Michelle Lujan Grisham, a Democrat, signed the New Mexico Opportunity Scholarship Act, establishing the most extensive tuition-free scholarship program in the country. Like New York's Excelsior Scholarship, it covers four years of tuition, including career training certificates, associate and bachelor's degrees. But New Mexico's Opportunity Scholarship goes a step further by opening up access to returning adult learners, part-time students and immigrants, regardless of their immigration status, in addition to recent high school graduates. Maine's Gov. Janet Mills ... has proposed a plan to make two years of community college free for recent high school graduates. If passed, that would bring the total number of statewide free-college programs to 30, which means 60% of states would have free tuition opportunities. "If we get to 50, it's mission accomplished," said Morley Winograd ... of the Campaign for Free College Tuition. Most are "last-dollar" scholarships, meaning students receive a scholarship for the amount of tuition that is not covered by existing state or federal aid.
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Los Angeles jail guards have frequently punched incarcerated people in the head and subjected them to a "humiliating" group strip-search where they were forced to wait undressed for hours, according to a new report from court-appointed monitors documenting a range of abuses. The Los Angeles sheriff's department (LASD), which oversees the largest local jail system in the country, appears to be routinely violating use-of-force policies, with supervisors failing to hold guards accountable and declining to provide information to the monitors tasked with reviewing the treatment of incarcerated people. The report, filed in federal court on Thursday, adds to a long string of scandals for the department. The monitors [were] first put in place in 2014 to settle a case involving beatings. The monitors, Robert Houston, a former corrections official, and Jeffrey Schwartz, a consultant, alleged that the use of "head shots", meaning punches to the head, had been "relatively unchanged in the last two years or more, and may be increasing". They also wrote that deputies who used force in violation of policy were at times sent to "remedial training" but that "actual discipline is seldom imposed." And supervisors who failed to document violations were also "not held accountable." The authors cited one incident in which a deputy approached a resident. "With no hesitation ... Deputy Y punched [him] 5-9 times in the head, and Deputy Z punched [him] 6-8 times in the head as they took [him] to the floor.
Note: For more along these lines, see concise summaries of deeply revealing news articles on corruption in policing and in the prison system from reliable major media sources.
In 1981, Malcolm Forbes, the eccentric and fabulously wealthy magazine publisher, came to his editors with a request: Could they pull together a special issue about the 400 richest Americans? The resulting reporting project took a year, dozens of flights and thousands of interviews. At the top of the very first Forbes 400 list was Daniel K. Ludwig, a shipping magnate, estimated by the magazine to be worth more than $2 billion. Adjusted for inflation, that's now at least $5.8 billion, a fortune that would land Ludwig in a seven-way tie for the 182nd spot on the last Forbes 400 list, alongside Fred Smith, the founder of FedEx; Gary Rollins, chief executive of Rollins, Inc., which owns several pest-control companies; and who could forget Peter Gassner, the head of a cloud-software company called Veeva. Since 1987, Forbes has published another list, which started smaller but has grown to be much larger: the World's Billionaires List. The magazine just published this year's edition, with a staggering 2,668 names. The task of gathering information for both lists is overseen by Kerry Dolan, an editor at Forbes, in a highly collaborative effort that involves at least 92 different reporters from all over the organization, including from the company's many internationally licensed editions – Russia, Poland, Mexico and more. The 2022 World's Billionaires list ... grew by 573 names compared with the last prepandemic list, in 2020. That year, the world was minting new billionaires at a rate, Forbes noted, of about one every 17 hours.
Note: For more along these lines, see concise summaries of deeply revealing news articles on income inequality from reliable major media sources.
Cities in California spent large portions of their federal Covid relief money on police departments, a review of public records has revealed, with several cities prioritizing police funding by a wide margin. As part of the American Rescue Plan Act (Arpa), the Biden administration's signature stimulus package, the US government sent funds to cities to help them fight coronavirus and support local recovery efforts. The money, officials said, could be used to fund a range of services. But most large California cities spent millions of Arpa dollars on law enforcement. Some also gave police money from the Coronavirus Aid, Relief and Economic Security (Cares) Act, adopted in 2020 under Donald Trump. San Francisco received $312m in Arpa funds for fiscal year 2020 and allocated 49% ($153m) to police, 13% ($41m) to the sheriff's department, and the remainder to the fire department. San Francisco also gave roughly 22% ($38.5m) of its Cares funds to law enforcement. Los Angeles spent roughly 50% of its first round of Arpa relief funds on the LAPD. In Fresno, the city allocated more than double of its Cares money to police than it did to Covid testing, contact tracing, small business grants, childcare vouchers and transitional housing combined. Cities using relief funds for police have typically funneled the money to salaries, although The Appeal recently reported that some jurisdictions were using stimulus dollars to buy new surveillance technology and build new prisons.
Note: For more along these lines, see concise summaries of deeply revealing news articles on the coronavirus and police corruption from reliable major media sources.
Arthur Evans, CEO of the American Psychological Association (APA), says viewing the world as unsafe can be a symptom of trauma. "I think for a lot of people, the idea of having a mental health challenge is there's something inside of me that's wrong," he said. "And I think the idea of trauma helps people to understand that, no, this is something that is happening to me and how I'm responding is a natural response." For Lanny Langstrom, the early months of the pandemic were filled with stress. "I was desperately trying to stay away from, like, this thing that I thought was going to kill me at any second," he said. He recalls worrying that if he died from COVID, his 6-year-old daughter might not remember him. He was so stressed that he eventually called a mental health hotline, and they suggested he seek therapy – something he'd never done before. To his surprise, his therapist told him his symptoms were consistent with trauma. These feelings of anxiety and stress are becoming increasingly common in the pandemic, Evans said. "We absolutely are experiencing a mental health tsunami," he said. "And we expect that it will grow even more ... so we haven't even crested this tsunami yet." A survey by the APA found a significant increase in the demand for mental health treatment in 2021. Trauma usually presents months, sometimes years after an event, says Tamar Rodney ... at Johns Hopkins University School of Nursing. She said that even as the pandemic eased, there was still a risk for trauma-related effects.
Note: This article fails to mention that much of this mental health problem was caused by the effects of the lockdowns. For more along these lines, see concise summaries of deeply revealing news articles on the coronavirus and health from reliable major media sources.
It was an attention-grabbing assertion that made headlines around the world: U.S. officials said they had indications suggesting Russia might be preparing to use chemical agents in Ukraine. President Joe Biden later said it publicly. But three U.S. officials told NBC News this week there is no evidence Russia has brought any chemical weapons near Ukraine. They said the U.S. released the information to deter Russia from using the banned munitions. It's one of a string of examples of the Biden administration's ... deploying declassified intelligence as part of an information war against Russia. Coordinated by the White House National Security Council, the unprecedented intelligence releases have been so frequent and voluminous, officials said, that intelligence agencies had to devote more staff members to work on the declassification process, scrubbing the information so it wouldn't betray sources and methods. The idea is to pre-empt and disrupt the Kremlin's tactics, complicate its military campaign, "undermine Moscow's propaganda and prevent Russia from defining how the war is perceived in the world," said a Western government official familiar with the strategy. Multiple U.S. officials acknowledged that the U.S. has used information as a weapon even when confidence in the accuracy of the information wasn't high. Sometimes it has used low-confidence intelligence for deterrent effect, as with chemical agents, and other times, as an official put it, the U.S. is just "trying to get inside Putin's head."
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Microplastic pollution has been discovered lodged deep in the lungs of living people for the first time. The particles were found in almost all the samples analysed. The scientists said microplastic pollution was now ubiquitous across the planet, making human exposure unavoidable and meaning "there is an increasing concern regarding the hazards" to health. Samples were taken from tissue removed from 13 patients undergoing surgery and microplastics were found in 11 cases. The most common particles were polypropylene, used in plastic packaging and pipes, and PET, used in bottles. Two previous studies had found microplastics at similarly high rates in lung tissue taken during autopsies. People were already known to breathe in the tiny particles, as well as consuming them via food and water. Workers exposed to high levels of microplastics are also known to have developed disease. Microplastics were detected in human blood for the first time in March, showing the particles can travel around the body and may lodge in organs. The impact on health is as yet unknown. But researchers are concerned as microplastics cause damage to human cells in the laboratory and air pollution particles are already known to enter the body and cause millions of early deaths a year. The research, which has been accepted for publication by the journal Science of the Total Environment, used samples of healthy lung tissue.
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Mathematical analysis of the electrical signals fungi seemingly send to one another has identified patterns that bear a striking structural similarity to human speech. Previous research has suggested that fungi conduct electrical impulses through long, underground filamentous structures called hyphae – similar to how nerve cells transmit information in humans. It has even shown that the firing rate of these impulses increases when the hyphae of wood-digesting fungi come into contact with wooden blocks, raising the possibility that fungi use this electrical "language" to share information about food or injury with distant parts of themselves, or with hyphae-connected partners such as trees. Prof Andrew Adamatzky at the University of the West of England's unconventional computing laboratory in Bristol analysed the patterns of electrical spikes generated by four species of fungi – enoki, split gill, ghost and caterpillar fungi. The research, published in Royal Society Open Science, found that these spikes often clustered into trains of activity, resembling vocabularies of up to 50 words, and that the distribution of these "fungal word lengths" closely matched those of human languages. The most likely reasons for these waves of electrical activity are to maintain the fungi's integrity – analogous to wolves howling to maintain the integrity of the pack – or to report newly discovered sources of attractants and repellants to other parts of their mycelia, Adamtzky suggested.
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We've all heard stories about extraordinary climbers. These are people who defy the stakes in an attempt to beat the odds every time they summit a mountain that others have only seen in photos. Whereas the average hiker has seen upwards of only 10,000 feet, extreme athletes and professional alpinists have explored the summits of mountains towering well over 18,000 feet. For some, the ultimate summit sits at a harrowing height of 29,032 feet. It's unimaginable: A temperature so cold that few living organisms can survive its inhospitable conditions. A lack of oxygen at its highest peak, where not even a helicopter can reach those who might be stranded. Despite all of those dangers, one woman holds the world record for surviving this not once, but nine times. That remarkable woman is Lhakpa Sherpa, a Nepali native born in the small Himalayan village of Balakharka who is about to reset her own record this year. Lhakpa Sherpa currently holds the Guinness World Record for the female climber with the most successful ascents of Everest to date. This is a record that she has held consistently for more than two decades now. Lhakpa is one of 11 children, five of whom have summited Everest. It was here that her love began, and it would become a lifelong affair with the mountains that she grew up admiring every single day. As an adult, Lhakpa is a single parent of three children, with whom she also shares her love for mountain climbing and hiking.
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Encounters with UFOs have reportedly left Americans suffering from radiation burns, brain and nervous system damage, and even "unaccounted for pregnancy," according to a massive database of U.S. government reports recently made public through a Freedom of Information Act (FOIA) request. The database of documents includes more than 1,500 pages of UFO-related material from the Advanced Aerospace Threat Identification Program (AATIP) – a secretive U.S Department of Defense program that ran from 2007 to 2012. Despite never being classified as secret or top secret, the AATIP only became known to the public in 2017, when former program director Luis Elizondo resigned from the Pentagon and released several now-infamous videos of an unidentified aircraft. The U.S. outpost of the British Tabloid The Sun filed a FOIA request for any and all documents related to the program. The U.S. Defense Intelligence Agency (DIA) honored the request by releasing more 1,574 pages of material. One standout document from the collection is a report titled Anomalous Acute and Subacute Field Effects on Human and Biological Tissues, dated March 2010. The report describes alleged injuries to "human observers by anomalous advanced aerospace systems," some of which may be a "threat to United States interests." The report describes 42 cases from medical files and 300 "unpublished" cases where humans sustained injuries after alleged encounters with "anomalous vehicles," which include UFOs.
Note: For more along these lines, see concise summaries of deeply revealing news articles on UFOs from reliable major media sources. Then explore the excellent, reliable resources provided in our UFO Information Center.
The nation's biggest oil and gas companies have significantly increased stock buybacks and dividends since Russia invaded Ukraine in late February, raising questions about whether the firms are using wartime profits to enrich investors instead of curbing Americans' pain at the pump. The report released today by Friends of the Earth, Public Citizen and BailoutWatch turns up the heat on the fossil fuel industry ahead of two high-profile congressional hearings this week, when Democrats plan to scrutinize the industry's windfall profits amid rising crude prices sparked by the war in Ukraine. The three groups looked at Securities and Exchange Commission filings and public statements from the 20 largest U.S.-headquartered oil and gas companies. In January and February, seven companies' boards authorized their corporate treasuries to buy back and retire $24.35 billion in stock – a 15 percent increase over all of the buybacks authorized in 2021. Six of those decisions came in February, after fears of Russian aggression against Ukraine lifted stock prices. In total, the 20 companies announced $45.6 billion in stock buybacks since the start of 2021. More than half of the companies boosted their dividends in January and February. Of the 11 companies raising their dividends, nine were increases of more than 15 percent and four were increases of more than 40 percent.
Note: For more along these lines, see concise summaries of deeply revealing news articles on corporate corruption from reliable major media sources.
Amazon will block and flag employee posts on a planned internal messaging app that contain keywords pertaining to labor unions, according to internal company documents reviewed by The Intercept. An automatic word monitor would also block a variety of terms that could represent potential critiques of Amazon's working conditions, like "slave labor," "prison," and "plantation," as well as "restrooms" – presumably related to reports of Amazon employees relieving themselves in bottles to meet punishing quotas. In November 2021, Amazon convened a high-level meeting in which top executives discussed plans to create an internal social media program that would let employees recognize co-workers' performance with posts called "Shout-Outs." But company officials also warned of what they called "the dark side of social media" and decided to actively monitor posts in order to ensure a "positive community." At the meeting, [head of worldwide consumer business, Dave] Clark suggested that the program should resemble an online dating app like Bumble, which allows individuals to engage one on one. Following the meeting, an "auto bad word monitor" was devised, constituting a blacklist that would flag and automatically block employees from sending a message that contains any profane or inappropriate keywords. Even some phrases like "This is concerning" will be banned. Managers will have the authority to flag or suppress any Shout-Outs that they find inappropriate.
Note: For more along these lines, see concise summaries of deeply revealing news articles on corporate corruption from reliable major media sources.
Important Note: Explore our full index to key excerpts of revealing major media news articles on several dozen engaging topics. And don't miss amazing excerpts from 20 of the most revealing news articles ever published.