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Revealing News For a Better World

Media Articles
Excerpts of Key Media Articles in Major Media


Below are key excerpts of highly revealing media articles from the major media. Links are provided to the full articles on their media websites. If any link fails to function, read this webpage. These media articles are listed in reverse date order. You can also explore the articles listed by order of importance or by date posted. By choosing to educate ourselves and to spread the word, we can build a brighter future.

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.


Ted Koppel: Olbermann, O'Reilly and the death of real news
2010-11-14, Washington Post
http://www.washingtonpost.com/wp-dyn/content/article/2010/11/12/AR20101112028...

We live now in a cable news universe that celebrates the opinions of Olbermann, Rachel Maddow, Chris Matthews, Glenn Beck, Sean Hannity and Bill O'Reilly - individuals who hold up the twin pillars of political partisanship and who are encouraged to do so by their parent organizations because their brand of analysis and commentary is highly profitable. The commercial success of both Fox News and MSNBC is a source of nonpartisan sadness for me. While I can appreciate the financial logic of drowning television viewers in a flood of opinions designed to confirm their own biases, the trend is not good for the republic. It is, though, the natural outcome of a growing sense of national entitlement. Daniel Patrick Moynihan's oft-quoted observation that "everyone is entitled to his own opinion, but not his own facts," seems almost quaint in an environment that flaunts opinions as though they were facts. And so, among the many benefits we have come to believe the founding fathers intended for us, the latest is news we can choose. Beginning, perhaps, from the reasonable perspective that absolute objectivity is unattainable, Fox News and MSNBC no longer even attempt it. They show us the world not as it is, but as partisans (and loyal viewers) at either end of the political spectrum would like it to be.

Note: Ted Koppel, who was managing editor of ABC's "Nightline" from 1980 to 2005, is a contributing analyst for "BBC World News America."


Nazis Were Given ‘Safe Haven’ in U.S., Report Says
2010-11-13, New York Times
https://www.nytimes.com/2010/11/14/us/14nazis.html

A secret history of the United States government’s Nazi-hunting operation concludes that American intelligence officials created a “safe haven” in the United States for Nazis and their collaborators after World War II. The 600-page report, which the Justice Department has tried to keep secret for four years, provides new evidence about more than two dozen of the most notorious Nazi cases of the last three decades. Perhaps the report’s most damning disclosures come in assessing the Central Intelligence Agency’s involvement with Nazi émigrés. Scholars and previous government reports had acknowledged the C.I.A.’s use of Nazis for postwar intelligence purposes. But this report goes further in documenting the level of American complicity and deception in such operations. The Justice Department report, describing what it calls “the government’s collaboration with persecutors,” says that O.S.I. investigators learned that some of the Nazis “were indeed knowingly granted entry” to the United States, even though government officials were aware of their pasts. “America, which prided itself on being a safe haven for the persecuted, became — in some small measure — a safe haven for persecutors as well,” it said. The Justice Department has resisted making the report public since 2006. Under the threat of a lawsuit, it turned over a heavily redacted version last month.

Note: US agencies used at least 1,000 ex-Nazis as spies and informants during the Cold War. Nazi doctors were also used used to teach the CIA mind control methods it perfected. See the astounding declassified CIA documents on this program.


Growing backlash against TSA body scanners, pat-downs
2010-11-13, CNN
http://www.cnn.com/2010/TRAVEL/11/12/travel.screening/index.html

A growing pilot and passenger revolt over full-body scans and what many consider intrusive pat-downs couldn't have come at a worse time for the nation's air travel system. Thanksgiving, the busiest travel time of the year, is less than two weeks away. Grassroots groups are urging travelers to either not fly or to protest by opting out of the full-body scanners and undergo time-consuming pat-downs instead. Some pilots, passengers and flight attendants have chosen to opt out of the revealing scans. One online group, National Opt Out Day calls for a day of protest against the scanners on Wednesday, November 24, the busiest travel day of the year. Another group argues the TSA should remove the scanners from all airports. The Electronic Privacy Information Center (EPIC)... is taking legal action. Pilots' unions for US Airways and American Airlines are urging their members to avoid full-body scanning at airport security checkpoints, citing health risks and concerns about intrusiveness and security officer behavior. "Pilots should NOT submit to AIT (Advanced Imaging Technology) screening," wrote Capt. Mike Cleary, president of the U.S. Airline Pilots Association. "Frequent exposure to TSA-operated scanner devices may subject pilots to significant health risks," Cleary wrote. The website We Won't Fly urgers travelers to "Act now. Travel with Dignity."

Note: For a powerful, one-minute video showing just how invasive these searches are, click here.


McDonald's and PepsiCo to help write UK health policy
2010-11-12, The Guardian (One of the UK's leading newspapers)
http://www.guardian.co.uk/politics/2010/nov/12/mcdonalds-pepsico-help-health-...

The Department of Health is putting the fast food companies McDonald's and KFC and processed food and drink manufacturers such as PepsiCo, Kellogg's, Unilever, Mars and Diageo at the heart of writing government policy on obesity, alcohol and diet-related disease. In an overhaul of public health, said by [critics] to be the equivalent of handing smoking policy over to the tobacco industry, health secretary Andrew Lansley has set up five "responsibility deal" networks with business, co-chaired by ministers, to come up with policies. The groups are dominated by food and alcohol industry members, who have been invited to suggest measures to tackle public health crises. The alcohol responsibility deal network is chaired by the head of the lobby group the Wine and Spirit Trade Association. The food network to tackle diet and health problems includes processed food manufacturers, fast food companies, and Compass, the catering company. The food deal's sub-group on calories is chaired by PepsiCo, owner of Walkers crisps. The leading supermarkets are an equally strong presence. In early meetings, these commercial partners have been invited to draft priorities and identify barriers, such as EU legislation, that they would like removed. They have been assured by Lansley that he wants to explore voluntary not regulatory approaches, and to support them in removing obstacles.

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


Bernanke's worst nightmare: Ron Paul
2010-11-12, CNN
http://money.cnn.com/2010/11/12/news/economy/Bernanke_Paul/index.htm

Ben Bernanke has had his hands full since his first day on the job as Federal Reserve chairman nearly five years ago. It's about to get even tougher. His harshest critic on Capitol Hill, Rep. Ron Paul of Texas, is about to become one of his overseers. Paul, who would like to abolish the Fed and the nation's current monetary system, will become the chairman of the House Subcommittee on Domestic Monetary Policy. Paul doesn't think he'll be able to move his proposal to eliminate the Fed. But he said he does intend to use his new position as "a mini-bully pulpit" to criticize Fed policy and call more attention to what he sees as its negative consequences. And Paul vows to try again to authorize Congressional audits of the Fed's decisions on the economy, a proposal that passed the House last year but was essentially gutted from the final version of the financial regulatory overhaul legislation. Paul argues the Fed is making a serious mistake by pumping more money into the economy to try to spur more spending and growth. He predicts it will only lead to further declines in value of the dollar, inflation and higher interest rates rather than the lower rates the Fed is shooting for. Paul thinks that will bring about another economic crisis.

Note: To understand why Congressman Ron Paul wants to eliminate the Federal Reserve, click here.


Ex-Glaxo Executive Is Charged in Drug Fraud
2010-11-10, New York Times
http://www.nytimes.com/2010/11/10/health/10glaxo.html

In a rare move, the Justice Department on Tuesday announced that it had charged a former vice president and top lawyer for the British drug giant GlaxoSmithKline with making false statements and obstructing a federal investigation into illegal marketing of the antidepressant Wellbutrin for weight loss. "This is absolutely precedent-setting – this is really going to set people's hair on fire," said Douglas B. Farquhar, a Washington lawyer. "This is indicative of the F.D.A. and Justice strategy to go after the very top-ranking managing officials at regulated companies." The indictment accuses the Glaxo official, Lauren C. Stevens of Durham, N.C., of lying to the Food and Drug Administration in 2003, by writing letters, as associate general counsel, denying that doctors speaking at company events had promoted Wellbutrin for uses not approved by the agency. Ms. Stevens "made false statements and withheld documents she recognized as incriminating," including slides the F.D.A. had sought during its investigation, the indictment stated. The company was cooperating fully with a federal investigation into allegations of illegal sales and marketing of Wellbutrin. Last year, it set aside $400 million to resolve the case, which is still pending. Two weeks ago, in an unrelated case, GlaxoSmithKline agreed to pay $750 million to the government to settle civil and criminal complaints that it sold tainted or ineffective products from a large manufacturing facility in Puerto Rico.

Note: Even with fines in the hundreds of millions of dollars assessed to many of the large pharmaceuticals, why isn't more being done? See what one of the top doctors in the US revealed about corruption in health care at this link.


S African hospital group pleads guilty in organ scandal
2010-11-10, BBC News
http://www.bbc.co.uk/news/world-africa-11725536

South Africa's largest private medical group has pleaded guilty to performing illegal kidney transplant operations at one of its hospitals. The medical group Netcare admitted that children were recruited to donate their organs, and said the hospital had wrongly profited from the operations. The charges related to more than 100 operations carried out at the hospital in Durban between 2001 and 2003. Poor donors, often from Brazil, were flown in and given thousands of dollars to have a kidney removed. These were then given to those in need, who were often wealthy Israelis. Several of those directly involved pleaded guilty at the time, but Netcare - which runs more than 50 hospitals in South Africa - had until now refused to accept responsibility. Things began to change when prosecutors brought charges against Netcare's chief executive and the company made a plea bargain. In return for those charges being dropped, Netcare accepted that some of its employees had known that the kidney donors and recipients had not been related. It acknowledged that "payments must have been made to the donors for their kidneys, and that certain of the kidney donors were minors at the time that their kidneys were removed. Certain employees participated in these illegalities, and (the hospital) wrongly benefited from the proceeds."

Note: For key reports from major media sources on corporate corruption and criminality, click here


No charges for destroying CIA interrogation videos
2010-11-09, MSNBC/Associated Press
http://www.msnbc.msn.com/id/40091824/ns/us_news-security/40091824

A special prosecutor cleared CIA employees ... of any criminal charges for destroying videotapes that showed waterboarding of terror suspects, even though two sources close to the case say a key witness was never questioned. The sources, who spoke on condition of anonymity, said that special counsel John Durham never issued a grand jury subpoena for testimony from Jose Rodriguez, the CIA's former top clandestine officer, who approved the destruction of the tapes. Rodriguez' lawyer, Bob Bennett, had made clear that his client would not testify without a grant of immunity. But Durham's failure to call Rodriguez, or even question him as a witness, surprised one lawyer close to the case, indicating it could raise questions about the special counsel's claim that he had conducted a "thorough" investigation. The decision not to prosecute anyone in the videotape destruction came five years to the day after the CIA destroyed its cache of 92 videos of two al-Qaida operatives, Abu Zubaydah and Abd al-Nashiri, being subjected to waterboarding, which evokes the sensation of drowning. The deadline for prosecuting someone under most federal laws is five years. Jamell Jaffer, a lawyer for the ACLU, criticized the decision. "The problem here is not just the destruction of the tapes, but what the tapes depicted – interrogators using barbaric methods endorsed at the highest levels of the government."

Note: It appears that the courts are not willing to put a stop to the increasing criminality and usurpations of power of the National Security State. For abundant documentation from major media sources of the illegalities and atrocities committed by US intelligence and military in the GWOT, click here.


Pilots Refusing to Use Full Body Scanners or Submit to Patdown
2010-11-09, ABC News
http://abcnews.go.com/Travel/major-pilots-unions-rebel-tsa-screening-rules-ur...

Two of the largest pilots' unions in the nation are urging commercial pilots to rebel against current airport screening rules. In late October, the Transport Security Administration implemented more invasive patdown rules. Travelers and pilots were faced with a new dilemma -- have a revealing, full-body scan or what some are calling an X-rated patdown. Pilots are piping mad over the options, saying the full-body scanners emit dangerous levels of radiation and that the alternative public patdown is disgraceful for a pilot in uniform. Some pilots have said they felt so violated after a patdown, they were unfit to fly. The patdowns, implemented Oct. 29, allow TSA officers to pat down passengers with the front of their hands, instead of the backs of their hands. A security expert who demonstrated the new procedure on a mannequin for ABC News explained the changes. "You go down the body and up to the breast portion," said Charles Slepian of the Foreseeable Risk Analysis Center. "If it's a female passenger, you're going to see if there's anything in the bra." The new patdown protocol could be used at any of the nation's 450 airports on passengers who require additional screening. Tens of thousands of passengers are submitted to patdowns and full-body scanners every day. More than 300 full-body scanners are being used at 65 airports across the country.

Note: And what about the general public having to submit to being groped?


D.E.A. Deployed Mumbai Plotter Despite Warning
2010-11-08, New York Times
http://www.nytimes.com/2010/11/08/world/asia/08terror.html

American authorities sent David C. Headley, a small-time drug dealer and sometime informant, to work for them in Pakistan months after the Sept. 11, 2001, attacks, despite a warning that he sympathized with radical Islamic groups. Not long after Mr. Headley arrived there, he began training with terrorists, eventually playing a key role in the 2008 attacks that left 164 people dead in Mumbai. The October 2001 warning was dismissed, the authorities said, as the ire of a jilted girlfriend and for lack of proof. Less than a month later, those concerns did not come up when a federal court in New York granted Mr. Headley an early release from probation so that he could be sent to work for the United States Drug Enforcement Administration in Pakistan. It is unclear what Mr. Headley was supposed to do in Pakistan for the Americans. Two of the former drug dealer's ex-wives had gone to American authorities between 2005 and 2008, before the Mumbai attacks, to say they feared he was plotting with terrorists. Combined with the earlier warning from the former girlfriend, three of the women in Mr. Headley's life reported his ties to terrorists, only to have those warnings dismissed. An examination of Mr. Headley's story shows that his government ties ran far deeper and longer than previously known. One senior American official knowledgeable about the case said he believed that Mr. Headley was a D.E.A. informant until at least 2003, meaning that he was talking to American agencies even as he was learning to deal with explosives and small arms in terrorist training camps.

Note: This story certainly raises the question whether the Mumbai attacks were not in fact a false-flag operation. For many reports from reliable sources that reveal similar ties between government agencies running clandestine operations and terrorist attacks, click here.


Look out, your medicine is watching you
2010-11-08, Fox News/Reuters
http://www.foxnews.com/health/2010/11/09/smart-pill-embedded-microchip

Novartis AG plans to seek regulatory approval within 18 months for a pioneering tablet containing an embedded microchip, bringing the concept of "smart-pill" technology a step closer. The initial program will use one of the Swiss firm's established drugs taken by transplant patients to avoid organ rejection. But Trevor Mundel, global head of development, believes the concept can be applied to many other pills. Novartis agreed in January to spend $24 million to secure access to chip-in-a-pill technology developed by privately owned Proteus Biomedical of Redwood City, California, putting it ahead of rivals. The biotech start-up's ingestible chips are activated by stomach acid and send information to a small patch worn on the patient's skin, which can transmit data to a smartphone or send it over the Internet to a doctor. Because the tiny chips are added to existing drugs, Novartis does not expect to have to conduct full-scale clinical trials to prove the new products work. Instead, it aims to do so-called bioequivalence tests to show they are the same as the original. A bigger issue may be what checks should be put in place to protect patients' personal medical data as it is transmitted from inside their bodies by wireless and Bluetooth.

Note: It's interesting that Fox News was the only major media to pick up this revealing Reuters story. This article seriously underplays the privacy concerns raised by this new corporate strategy. For more on this, click here. For many key reports on corporate and governmental threats to privacy, click here. For more on the dangers of microchips from reliable sources, click here.


What a scientist didn't tell the New York Times about his study on bee deaths
2010-11-08, CNN News
http://money.cnn.com/2010/10/08/news/honey_bees_ny_times.fortune/index.htm

Few ecological disasters have been as confounding as the massive and devastating die-off of the world's honeybees. The phenomenon of Colony Collapse Disorder (CCD) -- in which disoriented honeybees die far from their hives -- has kept scientists, beekeepers, and regulators desperately seeking the cause. The long list of possible suspects has included pests, viruses, fungi, and also pesticides, particularly so-called neonicotinoids, a class of neurotoxins that kills insects by attacking their nervous systems. For years, their leading manufacturer, Bayer Crop Science, a subsidiary of the German pharmaceutical giant Bayer AG (BAYRY), has tangled with regulators and fended off lawsuits from angry beekeepers who allege that the pesticides have disoriented and ultimately killed their bees. A cheer must have gone up at Bayer on Thursday when a front-page New York Times article, under the headline "Scientists and Soldiers Solve a Bee Mystery," described how a newly released study pinpoints a different cause for the die-off: "a fungus tag-teaming with a virus." The Bayer pesticides, however, go unmentioned. What the Times article did not explore -- nor did the study disclose -- was the relationship between the study's lead author, Montana bee researcher Dr. Jerry Bromenshenk, and Bayer Crop Science. In recent years Bromenshenk has received a significant research grant from Bayer to study bee pollination.

Note: Read the full, revealing article to learn how money often corrupts science. For lots more from reliable sources on corporate corruption, click here.


Geoengineering: Lift-off
2010-11-04, The Economist
http://www.economist.com/node/17414216

Research into the possibility of engineering a better climate is progressing at an impressive rate—and meeting strong opposition. Geoengineering is shorthand for the idea of fixing the problem of man-made climate change once the greenhouse gases that cause it have already been emitted into the atmosphere, rather than trying to stop those emissions happening in the first place. Many people think such ideas immoral ... and certain to provoke unintended consequences, to boot. Over the past few years research in the field has boomed. What is sometimes called Plan B seems to be taking shape on the laboratory bench—and seeking to escape outside. Polluting the stratosphere. Liming the oceans. Locking Greenland’s glaciers to its icy mountains. It is easy to see why sceptics balk at geoengineering. And if viewed as a substitute for curbing greenhouse-gas emissions, a cover for business-as-usual into the indefinite future, then it might indeed prove a Faustian bargain. Fertilising the ocean with iron has already been tried—admittedly without much success, but also without perceptible harm being done. The harm done by stopping geoengineering experiments is that the good which might come from them will never be known. Yet even some enthusiastic researchers worry about undue haste. Geoengineering’s growth spurt will need to be matched by some grown-up questioning. Who benefits? Who decides? Who faces the risk?

Note: What this article fails to mention is that geoengineering has already been secretly used over many decades for military purposes as well as weather modification. For reliable information on this, click here.


Canadian couple give away millions in lottery winnings
2010-11-04, BBC
http://www.bbc.co.uk/news/world-us-canada-11699678

A Canadian couple who won $10.9m (Ł6.7m) in lottery winnings in July say they have given away $10.2m of the prize to groups in their community. Allen and Violet Large said they were plain country folks who needed no more than "what we've got". The two said they had donated about 98% of the cash after helping their family. The elderly pair gave the money to churches, fire departments, cemeteries, the Red Cross and hospitals, where Ms Large has undergone cancer treatment. "We haven't bought one thing. That's because there is nothing that we need," Mr Large, 75, told the Canadian Broadcasting Corporation. Mr Large, a retired welder from Canada's Nova Scotia province, added that he and his wife were quite content with their 147-year-old home and everything else they already owned. "You can't buy happiness," he said.

Note: Considering that the vast majority of people believe they don't have enough money, if you feel you have enough, you can consider yourself one of the richest people in the world, no matter how much is in your bank account. Think about this, and ask yourself how much is enough?


Lies, Damned Lies, and Medical Science
2010-11-01, The Atlantic
https://www.theatlantic.com/magazine/archive/2010/11/lies-damned-lies-and-med...

Can any medical-research studies be trusted? That question has been central to [Dr. John] Ioannidis’s career. He’s what’s known as a meta-researcher, and he’s become one of the world’s foremost experts on the credibility of medical research. He zoomed in on 49 of the most highly regarded research findings in medicine over the previous 13 years, as judged by the science community’s two standard measures: the papers had appeared in the journals most widely cited in research articles, and the 49 articles themselves were the most widely cited articles in these journals. Of the 49 articles, 45 claimed to have uncovered effective interventions. Thirty-four of these claims had been retested, and 14 of these, or 41 percent, had been convincingly shown to be wrong or significantly exaggerated. If between a third and a half of the most acclaimed research in medicine was proving untrustworthy, the scope and impact of the problem were undeniable. “Even when the evidence shows that a particular research idea is wrong, if you have thousands of scientists who have invested their careers in it, they’ll continue to publish papers on it,” he says. “It’s like an epidemic, in the sense that they’re infected with these wrong ideas, and they’re spreading it to other researchers through journals.” Of those 45 super-cited studies that Ioannidis focused on, 11 had never been retested. Perhaps worse, Ioannidis found that even when a research error is outed, it typically persists for years or even decades.

Note: For more along these lines, read the revealing comments of Marcia Angell, former editor-in-chief of the New England Journal of Medicine, on the massive corruption she found in the medical industry. For more, see concise summaries of deeply revealing news articles on corruption in science from reliable major media sources.


The BBC bunker they don't want you to know about
2010-10-31, The Independent (One of the UK's leading newspapers)
http://www.independent.co.uk/news/media/tv-radio/the-bbc-bunker-they-dont-wan...

To the passing motorist, there is nothing about Wood Norton Hall to identify it as the site of the BBC's secret nuclear bunker. Who knew there even was such a thing? According to the official line, Wood Norton is a training camp, where sound engineers are sent for residential weekends. But it's what you can't see from above the ground that is intriguing. Buried 10 storeys into the hillside is a fully functioning nuclear bunker, built at great expense in 1966, at the height of the Cold War. Those involved in its construction were obliged to sign the Official Secrets Act, and even now you won't get a peep out of the BBC press office to acknowledge the reality. Measuring 175ft long, the bunker – known to high command as Pawn: Protected Area Wood Norton – remains ready for service in the event of an attack on London. It is said to have beds and ping-pong tables and is connected by tunnels dug into the hillside to a mast on top of the hill which is fitted with a super high-frequency satellite dish. According to the Government War Book, a Cold War document that was declassified only last year and which sets out what happens in the event of a nuclear strike, Wood Norton was a vital tool in keeping the country informed should chaos descend. While the Cabinet would be secreted away in another bunker in Corsham, Wiltshire, pre-recorded tapes kept at Wood Norton would be broadcast across the nation in the minutes before any bomb was dropped.

Note: For important stories from reliable sources on government secrecy, click here.


U.S. Says Genes Should Not Be Eligible for Patents
2010-10-30, The New York Times
http://www.nytimes.com/2010/10/30/business/30drug.html

Reversing a longstanding policy, the federal government said on [October 29] that human and other genes should not be eligible for patents because they are part of nature. The new position could have a huge impact on medicine and on the biotechnology industry. The new position was declared in a friend-of-the-court brief filed by the Department of Justice ... in a case involving two human genes linked to breast and ovarian cancer. “We acknowledge that this conclusion is contrary to the longstanding practice of the Patent and Trademark Office, as well as the practice of the National Institutes of Health and other government agencies that have in the past sought and obtained patents for isolated genomic DNA,” the brief said. The issue of gene patents has long been a controversial [one]. Opponents say that genes are products of nature, not inventions, and should be the common heritage of mankind. They say that locking up basic genetic information in patents actually impedes medical progress. Proponents say genes isolated from the body are chemicals that are different from those found in the body and therefore are eligible for patents. In its brief, the government said it now believed that the mere isolation of a gene, without further alteration or manipulation, does not change its nature.

Note: This is great news. To see how patents have been used in scary ways to promote global monopolies, watch this documentary.


"Inside Job" rigorously shows how financial crisis happened
2010-10-29, Denver Post (Denver's leading newspaper)
http://www.denverpost.com/movies/ci_16451155

Somebody owes us $20 trillion. "Inside Job," a riveting, eye-opening, infuriating documentary about the financial collapse of 2008, coolly presents a prosecutor's brief against the culprits who engineered the greatest economic crisis since the Great Depression. They occupy both sides of the legislative aisle, corporate boardrooms, Ivy League faculty lounges and bank headquarters. They made money – sometimes obscene amounts of it – while rigging a monetary meltdown that left middle-class taxpayers holding the bag, and thousands of less-fortunate former homeowners holding cardboard signs beside freeway on-ramps. This is no dry economics lesson; it is a vital wakeup call. The presentation is articulate and rigorously factual, presented in six chapters, from "How We Got There" to "Accountability." The financial earthquake was not only entirely avoidable, but was utterly predictable given the steady erosion of scrutiny of financial markets here and abroad. Reducing state monitoring under the Reagan administration set the stage for the savings-and-loan crisis and the collapse of the junk-bond market. But that was a luau compared with what lay ahead. Successive administrations, Democratic and Republican alike, heeded advisers pushing for further deregulation, leading to WorldCom, Enron, the dot-com bubble and the 2008 panic. Many of those laissez-faire advocates were prominent academics receiving sizable consulting fees to testify in antitrust cases and in Congress on Wall Street's behalf.

Note: For lots more from reliable sources on the long history of criminal and corrupt practices of major financial powers and regulatory bodies, click here.


Is hard currency on its way out? Introducing the new virtual world currency.
2010-10-28, Christian Science Monitor
http://www.csmonitor.com/Business/The-Daily-Reckoning/2010/1028/Is-hard-curre...

When discussing reserve currency alternatives to the US dollar, conversation almost inevitably returns to the International Monetary Fund’s “synthetic reserve asset,” the Special Drawing Right (SDR). However, the SDR basket of currencies is noticeably antiquated in its design, including only the currencies of industrialized nations. This week, foreign exchange manager Overlay Asset Management [OAM] has announced a currency basket it’s launching in order to offer a more up-to-date “virtual world reserve currency.” According to the Financial Times: “[OAMs] Wealth Preservation Currency Index consists of the currencies of the world’s 15 largest economies, weighted by their gross domestic product, adjusted for purchasing power parity. Overlay’s rationale is that investment portfolios are often heavily exposed to the dollar, but many investors have doubts as to whether the greenback can retain its value and remain the world’s primary reserve currency.” The global “currency war” — as many are calling it — continues to heat up, with no obvious resolution in sight. While it wouldn’t be a simple, quick, or painless process to replace the US dollar as reserve currency, it seems inevitable that calls for just such action are bound to increase, especially if currently loose US monetary policy ... continues unabated.

Note: You can read more details in Financial Times coverage of how a new world currency index has launched.


Former Air Force officers say UFOs interfered with nuclear missiles
2010-10-27, ABC News
http://abcnews.go.com/Technology/airmen-govt-clean-ufos/story?id=11738715

The U.S. government's official line may be that unidentified flying objects (UFOs) don't pose a national security threat, but a group of former Air Force officers gathered Monday in the nation's capital to tell a different story. During a press conference at the National Press Club in Washington, D.C., seven former Air Force officers once stationed at nuclear bases around the country said that not only have UFOs visited Air Force bases, some have succeeded in disabling nuclear missiles stationed there. "I want the government to acknowledge that this phenomenon exists," said Robert Salas, a former U.S. Air Force Nuclear Launch Officer. Salas said he doesn't think the UFOs he claims to have encountered had any offensive intent, but he believes they wanted to leave an impression. "They wanted to shine a light on our nuclear weapons and just send us a message," he said. "My interpretation is the message is get rid of them because it's going to mean our destruction." Other former officers recounted similar stories of unexplained moving lights and odd-shaped flying objects during their time in the service. Leslie Kean, an investigative journalist and author of the new book "UFOs: Generals, Pilots, and Government Officials Go on the Record," said thousands of pages of documentation support the officers' accounts. She spent the last 10 years researching UFOs and combing through thousands of pages of declassified government material. Kean said that one declassified document that she researched for her book, relating to the Salas incident, said, "the fact that no apparent reason for the loss of the 10 missiles can easily be identified is a cause for grave concern to this headquarters."

Note: Watch CNN coverage of this most fascinating testimony. A 3-minute summary is available here. This is not the first time government and military witnesses have testified at the National Press Club about a major cover-up of UFOs. Watch 22 witnesses testifying to remarkable personal stories in May 2001. A two-page written summary presents amazing UFO testimony from top officials. And don't miss these fascinating news articles on UFOs. What may be the best UFO documentary ever made, Out of the Blue, is also available for free viewing.


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