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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.
Ignored by the media and dismissed by the Republican Party in general, liberty-minded Congressman Ron Paul leaped into third place today in the Gallup Presidential Nomination preference poll. Paul jumped over Michele Bachmann, relegating her to fourth-place in the current poll. Apparently the American people are starting to take notice, too. According to the most recent Rasmussen survey of likely voters, Ron Paul is a mere one point behind President Obama in a head-to-head matchup - a better result than any of the other GOP contenders received. This is despite the media blackout around Ron Paul's campaign, and despite the media's insistence that Ron Paul can't beat Obama. This poll suggests he can.
Note: We have seen a consistent and systematic campaign to block news reportage of candidates who are exposing the deeper political agenda like Congress members Ron Paul and Dennis Kucinich. For how the media is controlled to make this happen, click here.
Citigroup Inc. and Bank of America Corp. were the reigning champions of finance in 2006 as home prices peaked, leading the 10 biggest U.S. banks and brokerage firms to their best year ever with $104 billion of profits. By 2008, the housing market’s collapse forced those companies to take more than six times as much, $669 billion, in emergency loans from the U.S. Federal Reserve. The loans dwarfed the $160 billion in public bailouts the top 10 got from the U.S. Treasury, yet until now the full amounts have remained secret. Fed Chairman Ben S. Bernanke’s [actions] included lending banks and other companies as much as $1.2 trillion of public money, about the same amount U.S. homeowners currently owe on 6.5 million delinquent and foreclosed mortgages. The largest borrower, Morgan Stanley, got as much as $107.3 billion, while Citigroup took $99.5 billion and Bank of America $91.4 billion, according to a Bloomberg News compilation of data obtained through Freedom of Information Act requests, months of litigation and an act of Congress. It wasn’t just American finance. Almost half of the Fed’s top 30 borrowers, measured by peak balances, were European firms. Data gleaned [under the Freedom of Information Act] make clear for the first time how deeply the world’s largest banks depended on the U.S. central bank to stave off cash shortfalls. Even as the firms asserted in news releases or earnings calls that they had ample cash, they drew Fed funding in secret.
Note: For a treasure trove of information from reliable sources on the government transfer of public assets to private banks and financial corporations, click here.
Tens of thousands of people took to the streets across the country to protest about the arrest of anti-corruption campaigner Anna Hazare. Though a string of major corruption scandals such as the telecoms licence scam that cost the country up to Ł26bn, and the alleged fraud surrounding the high-profile Commonwealth Games in Delhi, has fuelled some of the fury, it is the grinding daily routine of petty corruption that is at the root. "You pay for a birth certificate, a death certificate," said Varun Mishra, a 30-year-old software engineer and one of thousands who marched in Delhi to support Hazare. "All your life you pay. And for what? For things that should be free." Hazare, 74, has harnessed this grassroots frustration to launch a popular movement. Having been jailed as a threat to public order, he went on hunger strike and refused to leave prison when released. He has finally left jail, having been granted permission to hold a 15-day fast in a public park. Hazare is campaigning for a powerful new anti-corruption ombudsman with the right to investigate senior politicians, officials and judges.
Note: Hazare's campaign drew huge public support and was in the end successful, yet he says there is still much to be done. Click here for more. For key reports from major media sources on government corruption, click here.
IBM has developed a microprocessor which it claims comes closer than ever to replicating the human brain. The system is capable of "rewiring" its connections as it encounters new information, similar to the way biological synapses work. Researchers believe that by replicating that feature, the technology could start to learn. Dharmendra Modha, IBM's project leader, explained that they were trying to recreate aspects of the mind such as emotion, perception, sensation and cognition by "reverse engineering the brain." The SyNAPSE system uses two prototype "neurosynaptic computing chips". In humans and animals, synaptic connections between brain cells physically connect themselves depending on our experience of the world. The process of learning is essentially the forming and strengthening of connections. IBM has not released exact details of how its SyNAPSE processor works. IBM's work on the SyNAPSE project continues and the company, along with its academic partners, has just been awarded $21m (Ł12.7m) by the US Defense Advanced Research Projects Agency (DARPA).
The SEC has violated federal law by destroying the records of thousands of enforcement cases in which it decided not to file charges against or conduct full-blown investigations of Wall Street firms and others initially suspected of wrongdoing, a former agency official has alleged. The purged records involve major firms such as Goldman Sachs, Citigroup, Bank of America, Morgan Stanley and hedge-fund manager SAC Capital. At issue were suspicions of actions such as insider trading, financial fraud and market manipulation. A file closed in 2002 involved Lehman Brothers, the investment bank whose collapse fueled the financial meltdown of 2008, according to the former official. A file closed in 2009 involved suspected insider trading in securities related to American International Group, the insurance giant bailed out by the government at the height of the financial crisis. The allegations were leveled in a July letter to Sen. Charles E. Grassley (R-Iowa) from Gary J. Aguirre, a former SEC enforcement lawyer now representing a current SEC enforcement lawyer, Darcy Flynn. Flynn last year began managing SEC enforcement records and became concerned that records that were supposed to be preserved under federal law were being purged as a matter of SEC policy, Aguirre wrote.
Note: For more on this important news by Rolling Stone's Matt Taibbi, click here. For lots more from reliable sources on the criminal practices of Wall Street corporations which led to global economic recession and massive government bailouts, click here.
It is one of the mysteries of Japan's ongoing nuclear crisis: How much damage did the 11 March earthquake inflict on the Fukushima Daiichi reactors before the tsunami hit? The stakes are high: if the earthquake structurally compromised the plant and the safety of its nuclear fuel, then every similar reactor in Japan may have to be shut down. Throughout the months of lies and misinformation, one story has stuck: it was the earthquake that knocked out the plant's electric power, halting cooling to its six reactors. The tsunami then washed out the plant's back-up generators 40 minutes later, shutting down all cooling and starting the chain of events that would cause the world's first triple meltdown. But what if recirculation pipes and cooling pipes burst after the earthquake – before the tidal wave reached the facilities; before the electricity went out? This would surprise few people familiar with the 40-year-old reactor one, the grandfather of the nuclear reactors still operating in Japan. Problems with the fractured, deteriorating, poorly repaired pipes and the cooling system had been pointed out for years. In September 2002, Tepco admitted covering up data about cracks in critical circulation pipes.
Note: For revealing reports from major media sources on corporate and government corruption, click here and here.
New evidence has emerged in one of the most enduring mysteries of United Nations and African history, suggesting that the plane carrying the UN secretary general Dag Hammarskjöld was shot down over Northern Rhodesia (now Zambia) 50 years ago, and the murder was covered up by British colonial authorities. A British-run commission of inquiry blamed the crash in 1961 on pilot error and a later UN investigation largely rubber-stamped its findings. They ignored or downplayed witness testimony of villagers near the crash site which suggested foul play. The key witnesses were located and interviewed over the past three years by Göran Björkdahl, a Swedish aid worker based in Africa. The investigation led Björkdahl to previously unpublished telegrams ... which illustrate US and British anger at an abortive UN military operation that the secretary general ordered on behalf of the Congolese government against a rebellion backed by western mining companies and mercenaries in the mineral-rich Katanga region. Hammarskjöld was flying to Ndola for peace talks with the Katanga leadership at a meeting that the British helped arrange. The fiercely independent Swedish diplomat had, by then, enraged almost all the major powers on the security council with his support for decolonisation, but support from developing countries meant his re-election as secretary general would have been virtually guaranteed at the general assembly vote due the following year.
Note: Was Dag Hammarskjöld assassinated in a manner similar to that of popular U.S. Senator Paul Wellstone? For lots more from reliable sources on political assassinations, click here.
Sitting in front of the television may be a relaxing way to pass an evening, but spending too much time in front of the tube may take years off your life. That's what Australian researchers found when they generated life-expectancy tables for people based on mortality information from the Australian Bureau of Statistics as well as participants' survey responses about how much TV they had watched in the past week. The TV-viewing data from more than 11,000 participants older than 25 years showed that Australian adults watched an estimated 9.8 billion hours of television in 2008. People who watched an average six hours of TV a day lived an average 4.8 years fewer than those who didn't watch any television, the study found. Even more humbling: every hour of TV that participants watched after age 25 was associated with a 22-minute reduction in their life expectancy. The findings suggest that watching too much TV is as detrimental to longevity as smoking and lack of exercise.
Note: How about the health impacts of hours daily online or working at a computer screen? Might they be similar to the health effects of watching TV? For lots more on important health issues from reliable sources, click here.
Inequality in America. It's a subject that's getting more attention in light of the weak economy and the ongoing debate around budget cuts and raising revenues. Billionaire businessman ... Warren Buffett, who has argued in favor of higher taxes on the wealthiest, [discusses] the growing disparity. WARREN BUFFETT: It should be a land of opportunity. But the ... market system has led to extremes. Everybody in this country owes their good fortune in some way to the rest of the country. DAN ARIELY: People don't understand how much wealth the top 20 percent have. They actually have 84 percent of the wealth. And more disturbingly, people don't understand how little wealth the bottom of the distribution have. The bottom 40 percent of the U.S. have about 0.3 percent of the wealth, basically zero. RICHARD FREEMAN: In the last 30 years or so, the share of national [income] -- of income that has gone to the upper 0.1 percent -- not to the upper 1.0 percent -- 0.1 percent -- rose by 10 percentage points. That is one of the most astounding patterns I have ever seen in data. People sometimes say, oh, the rich, it's the upper 10 percent, it's the upper 5 percent. No, no, this is the 0.1 percent. Warren Buffett has this wonderful statement where he says: Yes, there's been a class war in the United States. And my class, namely the super rich people, have won.
Note: For key articles from major media sources on the extreme income inequality in the US, click here.
An Indian government attempt to head off a political crisis by arresting a key anti-corruption activist appeared to backfire ... when parliament walked out and demonstrations broke out across the country. Approximately 20 plainclothes police surrounded activist Anna Hazare, 73, ... as he left his house to begin a hunger strike against alleged widespread corruption, reportedly forbidding him from leaving the premises. When he defied them, they took him into custody on peremptory charges of "breach of peace." In April, Hazare held a five-day fast that garnered enormous national support and helped make him the public face of a grassroots anti-graft fight. It also put the ruling Congress party under pressure to pass a controversial "Lokpal Bill" that, among other things, would establish an independent ombudsman able to probe senior officials. When the cabinet passed a version that exempted the prime minister's office and top judges from close scrutiny, Hazare announced a second hunger-strike. India has seen a spate of corruption scandals in recent months, many allegedly involving senior Congress Party officials or their close allies, involving telecommunications, defense and sporting events allegedly amounting to tens of billions of dollars.
Note: For key reports from major media sources on government corruption, click here.
Members of a well-known hacking group -- according to a statement and Twitter messages -- took credit ... for an online attack targeting San Francisco's embattled transit system. Anonymous ... said it would take down the website of the Bay Area Rapid Transit System, known as BART, between noon and 6 p.m. PT Sunday. This is in response to the system's decision to cut off cellphone signals at "select" subway stations in response to a planned protest last week. "By (cutting cell service), you have not only threatened your citizens' safety, you have also performed an act of censorship," a seemingly computer-generated voice -- speaking over dramatic music and images -- said in a video posted online Sunday afternoon. "By doing this, you have angered Anonymous." On Sunday afternoon, a link off BART's website to myBART.org apparently had been hacked. It showed a page featuring, among other items, the Anonymous logo -- a smirking mask above two crossed swords, all on a black background. In addition, Twitter traffic related to Anonymous boasted that hackers had been able to get into BART's internal network.
While the poor and middle class fight for us in Afghanistan, and while most Americans struggle to make ends meet, we mega-rich continue to get our extraordinary tax breaks. Some of us are investment managers who earn billions from our daily labors but are allowed to classify our income as “carried interest,” thereby getting a bargain 15 percent tax rate. Others own stock index futures for 10 minutes and have 60 percent of their gain taxed at 15 percent, as if they’d been long-term investors. Last year my federal tax bill — the income tax I paid, as well as payroll taxes paid by me and on my behalf — was $6,938,744. That sounds like a lot of money. But what I paid was only 17.4 percent of my taxable income — and that’s actually a lower percentage than was paid by any of the other 20 people in our office. Their tax burdens ranged from 33 percent to 41 percent and averaged 36 percent. If you make money with money, as some of my super-rich friends do, your percentage may be a bit lower than mine. But if you earn money from a job, your percentage will surely exceed mine — most likely by a lot. My friends and I have been coddled long enough by a billionaire-friendly Congress. It’s time for our government to get serious about shared sacrifice.
Note: The author of this article is Warren Buffett, one of the richest people in the world. Thanks for the excellent article, Warren.
In the annals of the sexual abuse scandals in the Roman Catholic Church, most of the cases that have come to light happened years before to children and teenagers who have long since grown into adults. But a painfully fresh case is devastating Catholics in Kansas City, Mo., where a priest, who was arrested in May, has been indicted by a federal grand jury on charges of taking indecent photographs of young girls, most recently during an Easter egg hunt just four months ago. Bishop Robert Finn of the Diocese of Kansas City-St. Joseph has acknowledged that he knew of the existence of photographs last December but did not turn them over to the police until May. A civil lawsuit filed last week claims that during those five months, the priest, the Rev. Shawn Ratigan, attended children’s birthday parties, spent weekends in the homes of parish families, hosted the Easter egg hunt and presided, with the bishop’s permission, at a girl’s First Communion. The case has generated fury at a bishop who was already a polarizing figure in his diocese, and there are widespread calls for him to resign or even to be prosecuted. Bishop Finn, who was appointed in 2005, alienated many of his priests and parishioners, and won praise from others, when he remade the diocese to conform with his traditionalist theological views. He is one of few bishops affiliated with the conservative movement Opus Dei.
Note: For key insights from reliable sources into institutional secrecy and secret societies, click here and here.
[The top counterterrorism adviser to President Clinton and Mr. Bush, Richard Clarke will] be featured in a documentary advancing [a] theory that the Central Intelligence Agency tried to turn two of the 9/11 hijackers into double agents while they resided in the United States in the years leading up to the attacks. During the 9/11 Commission's investigation of the attacks, the CIA said it didn't know the location of the hijackers Clarke refers to, Nawaf al-Hazmi and Khalid al-Mihdhar. In the documentary, Clarke ... concludes that the CIA director at the time, George Tenet, ordered the cover-up after the recruitment effort failed. In response to that accusation, Tenet released a written statement saying that Clarke has "suddenly invented baseless allegations which are belied by the record and unworthy of serious consideration."
Note: Richard Clarke is not the only highly-credible and respected former government official to question the official acount of 9/11. For the questions raised by many more, click here.
A dull-looking chart projected on the wall of a university office in Jerusalem displayed a revelation that would startle many readers of the Old Testament: The sacred text that people revered in the past was not the same one we study today. An ancient version of one book has an extra phrase. Another appears to have been revised to retroactively insert a prophecy after the events happened. Scholars in this out-of-the-way corner of the Hebrew University campus have been quietly at work for 53 years on one of the most ambitious projects attempted in biblical studies — publishing the authoritative edition of the Old Testament, also known as the Hebrew Bible, and tracking every single evolution of the text over centuries and millennia. The ongoing work of the academic detectives of the Bible Project, as their undertaking is known, shows that this text at the root of Judaism, Christianity and Islam was somewhat fluid for long periods of its history, and that its transmission through the ages was messier and more human than most of us imagine. The sheer volume of information makes the Bible Project's version "the most comprehensive critical edition of the Hebrew Bible in existence at the present time," said David Marcus, a Bible scholar at the Jewish Theological Seminary in New York, who is not involved with the project.
Only up close does it become clear that some of the bulky figures in armoured vests scouring the fields of southern Lebanon for unexploded cluster bombs are wearing hijabs under their protective helmets. Once local teachers, nurses and housewives, this group of women are now fully trained to search for mines and make up the only all-female clearance team in Lebanon, combing the undergrowth inch by inch for the remnants of one of the most indiscriminate weapons of modern warfare. Leading the women in the field is Lamis Zein, a 33-year-old divorced mother of two and the team's supervisor. She was one of the first recruits for the team, which was set up by the de-mining NGO Norwegian People's Aid. "We are good at what we do and we are showing that women can do any kind of job," [said Zein]. Their painstaking task became necessary five years ago this week, after Israel rained cluster munitions on southern Lebanon to a degree the UN condemned as a "flagrant violation of international law". The women's team works in tandem with other teams of searchers, all co-ordinated by the Lebanese army, to clear up the unexploded ordnance that still litters the countryside. "Women are more patient than men," said Zein. "That is why we are good at this job. We work more slowly and maybe we are a little more afraid than men."
Fareed Zakaria talks to Nobel Prize winner Paul Krugman. Why does Paul Krugman say space aliens could fix the U.S. economy? Paul Krugman: Think about World War II, right? That was actually negative social product spending, and yet it brought us out. If we discovered that space aliens were planning to attack and we needed a massive buildup to counter the space alien threat and ... inflation and budget deficits took secondary place to that, this slump would be over in 18 months. And then if we discovered, oops, we made a mistake, there aren't any aliens, we'd be better – there was a Twilight Zone episode like this in which scientists fake an alien threat in order to achieve world peace. Well, this time ... we need it in order to get some fiscal stimulus.
Note: A Fairchilds Industries Corporate Manager turned whistleblower has been talking about a staged UFO alien invastion predicted by rocket scientist Wernher Von Braun for many years. See her comments here.
US-based pharmaceutical giant Pfizer has made the first compensation payment to Nigerian families affected by a controversial drug trial 15 years ago. It paid $175,000 (Ł108,000) each to four families in the first of a series of payments it is expected to make. The payouts are part of an out-of-court settlement reached in 2009. In 1996, 11 children died and dozens were left disabled after Pfizer gave them the experimental anti-meningitis drug, Trovan. The payouts were made to the parents of four of the children who died. Their parents told the BBC they welcomed the payment, but it would not replace the loss of their loved ones. The children were part of a group of 200 given the drug during a meningitis epidemic in the northern city of Kano as part of a medical trial comparing Trovan's effectiveness with the established treatment. For years Pfizer maintained that meningitis - not the drug - caused the deaths and disabilities. But after a lengthy and expensive litigation process, it reached a settlement with the Kano government in northern Nigeria. The trials were carried out in Kano and the state government fought Pfizer on behalf of victims and their families. It has taken two years and DNA tests to establish who is entitled to payments, the BBC's Jonah Fisher in Lagos says. It could take another year for payments to be concluded, he says. Pfizer also agreed to sponsor health projects in Kano as well as creating a fund of $35m to compensate those affected.
Note: A BMJ article about this case states, "The families allege that the company failed to tell them that their children were being enrolled in an experimental drug trial and that free, effective treatment was available ... at the same hospital. Five children in the trovafloxacin arm and six in the ceftriaxone arm died, according to Pfizer." For more along these lines, see concise summaries of deeply revealing news articles on Big Pharma corruption from reliable major media sources.
A Pennsylvania judge was sentenced to 28 years in prison in connection to a bribery scandal that roiled the state's juvenile justice system. Former Luzerne County Judge Mark Ciavarella Jr. was convicted of taking $1 million in bribes from developers of juvenile detention centers. The judge then presided over cases that would send juveniles to those same centers. The case came to be known as "kids-for-cash." The Pennsylvania Supreme Court tossed about 4,000 convictions issued by Ciavarella between 2003 and 2008, saying he violated the constitutional rights of the juveniles, including the right to legal counsel and the right to intelligently enter a plea. Ciavarella, 61, was tried and convicted of racketeering charges earlier this year. More than a dozen people who said they had been affected by the judge's decision stood outside [the court house in Scranton, PA], awaiting the sentencing. Jeff Pollins was in that crowd. His stepson was convicted by Ciavarella. "These kids are still affected by it. It's like post traumatic stress disorder," Pollins told the Times Leader. "Our life is ruined. It's never going to be the same".
Note: Two crooked judges and a for-profit detention center company used millions of taxpayer dollars to systematically violate the rights of thousands of kids. For more along these lines, see concise summaries of deeply revealing prison industry corruption news articles from reliable major media sources.
Newly released government files on UFOs show a lack of will and resources to study thousands of reported sightings. The Ministry of Defence files released by the National Archives cover reported sightings of UFOs from 1985 to 2007. The 34 files include sightings of lights over Glastonbury and a "flying saucer" in Nottinghamshire. National Archives consultant Dr David Clarke said it was about time the data was released. "One of the most interesting documents in the files is a piece from an intelligence officer, who basically says that despite thousands of reports that they've received since the Second World War, they've never done any study or spent any money or time on the subject, and they say that people just won't believe that when they find out." Nick Pope worked at the MoD between 1991 and 1994. He said the files were quite revealing: "The fascinating thing about these files is that they show that just as in society there's this huge debate about UFOs - is it really interesting, are we being visited by aliens - or is it all just nonsense? We were having the same debates in the Ministry of Defence. Some people thought it was a waste of time and money, others thought it was of extreme defence significance."
Note: The UFO files can be downloaded free of charge for a month from the National Archives website. For more, visit our UFO Information Center.
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.