News ArticlesExcerpts of Key News Articles in Major Media
Note: Explore our full index to revealing excerpts of key major media news articles on dozens of engaging topics. And read excerpts from 20 of the most revealing news articles ever published.
A $112 million settlement involving alleged drug kickbacks that the Justice Dept. announced with the nation's largest nursing home pharmacy and a generic drug manufacturer on Nov. 3 is part of a wide-ranging investigation of suspected Medicaid fraud by the pharmaceutical industry. Critics say the continuing probe, which involves ... major drugmakers, highlights what they describe as an industry practice of paying money to outfits that provide drugs to consumers, in return for preferential treatment. Because those alleged payoffs have the effect of compromising patient care and driving up costs for government and private health insurers, cases like the settlement unsealed with Omnicare (OCR) in Covington, Ky., and IVAX Pharmaceuticals in Weston, Fla., could bolster opposition to the controversial deal the Obama Administration reached with the pharmaceutical industry to win its support for health-reform legislation. Many Democrats say the Administration should have asked for much bigger cost savings from drugmakers. Patrick Burns, a spokesman for Taxpayers Against Fraud, a nonprofit Washington group that promotes whistleblower suits, says the Justice Dept. is backed up with pharmaceutical fraud cases. Since drugmakers offer so many similar products, he contends, they rely on kickbacks to give their products a market edge. "In the pharmaceutical industry, the business isn't selling the best drug, it's the best scheme of kickbacks to the prescriber."
Note: For lots more from reliable sources on corporate corruption, click here.
Did you know that Lunesta will help you fall asleep just 15 minutes faster? Or that a higher dose of the osteoporosis drug Zometa could damage a cancer patient’s kidneys and raise their risk of death? Chances are you didn’t, and neither did your doctor. Much of what the Food and Drug Administration knows about a drug’s safety and effectiveness is not included on the label, say two drug safety experts who are calling on the agency to make that information more accessible. In ... the New England Journal of Medicine, researchers ... argue that drug labels don’t reflect the nuanced decisions the FDA makes when deciding to approve a drug. The editorial from Drs. Lisa Schwartz and Steven Woloshin recommends easy-to-read fact boxes to help patients weigh the benefits and risks of medications. If drug labels sometimes exaggerate benefits and play down drug risks, the authors say there’s a very good reason: they are written by drugmakers. While FDA must approve the final labeling, the actual language is drafted by the manufacturer, with input from FDA scientists. The labeling is based on results from company studies, which generally compare results for patients taking the drug versus those taking placebo. If FDA decides the drug’s ability to treat or prevent a disease outweighs its side effects, the agency is obligated to approve it. But Schwartz and Woloshin point out that benefits may be slim and potential harms may not be fully understood. “The take home point is that just because a drug is approved doesn’t mean it works very well,” said Schwartz, in an interview with the Associated Press. “You really need to know more to see whether it’s worth the cost.” Schwartz and Woloshin say FDA labeling frequently fails to provide a full picture of a drug’s effects.
Note: For a powerful summary of corruption in the pharmaceutical industry, click here.
The Obama administration [has said] that the federal budget deficit for the fiscal year that just ended was $1.4 trillion, nearly a trillion dollars greater than the year before and the largest shortfall relative to the size of the economy since 1945. The shortfall for the fiscal year 2009, which ended Sept. 30, translates to 10 percent of the economy, according to a joint statement from the Treasury secretary, Timothy F. Geithner, and the director of the Office of Management and Budget, Peter R. Orszag. For the 2008 fiscal year, the deficit of $459 billion was 3.2 percent of the economy, as measured by the gross domestic product. At 10 percent of the gross domestic product, the 2009 deficit is the highest since the end of World War II, when it was 21.5 percent. The overall national debt, which is the accumulation of annual deficits, is nearly $12 trillion, and projected deficits for the next decade will add an estimated $9 trillion more. Administration officials say two-thirds of that is due to Bush administration policies.
Note: The current debt of $12 trillion equals $40,000 for every man, woman, and child in the U.S. Most of the increased deficit is due to the government bailout of the biggest Wall Street banks and investment houses. For lots more on the realities of the Wall Street bailout, click here.
The Casimir effect governs interactions of matter with the energy that is present in a vacuum. Success in harnessing this force could someday help researchers develop low-friction ballistics and even levitating objects that defy gravity. For now, the U.S. Defense Department's Defense Advanced Research Projects Agency (DARPA) has launched a two-year, $10-million project encouraging scientists to work on ways to manipulate this quirk of quantum electrodynamics. Vacuums generally are thought to be voids, but Hendrik Casimir believed these pockets of nothing do indeed contain fluctuations of electromagnetic waves. He suggested [that] as the boundaries of a region of vacuum move, the variation in vacuum energy (also called zero-point energy) leads to the Casimir effect. Recent research done at Harvard University, Vrije University Amsterdam and elsewhere has proved Casimir correct — and given some experimental underpinning to DARPA's request for research proposals.
Note: Debunkers of the new energy movement have long claimed that zero point energy is a theoretical construct which cannot have practical applications. This article shows that attitudes are now shifting. For lots more reliable information on what's still hidden from the public on the new energy front, click here.
The head of the U.S. Federal Deposit Insurance Corp. said on Sunday that she wanted to end the "too big to fail" doctrine and shrink the shadow banking system that operates outside the reach of regulators. FDIC Chairman Sheila Bair ... said a U.S. proposal to create the authority to shut down failing systemically important financial firms may need to be extended to insurers and hedge funds. "We need to end 'too big to fail' and this needs to be an overarching policy that applies to everyone," Bair said. Bair said she believed that bank holding companies with subsidiaries that are shut down by regulators also should be made to pay the price of failure by being subject to the same wind-down process. "I believe that the new regime should apply to all bank holding companies that are more than just shells and their affiliates regardless or not whether they are considered to be systemic risks," she said, adding that including only systemically important firms in the shut-down regime could reinforce the 'too big to fail' doctrine. Financial firms subject to systemic risk shutdown authority should likely also be required to publish "living wills" -- details on how an orderly wind-down would play out -- on their websites to provide more clarity to shareholders and customers. And by applying the resolution authority more broadly outside of normal regulated bank holding companies, it would help shrink the shadow banking system by discouraging regulatory arbitrage under which financial firms shop for the most lenient supervisors. "If you tighten regulation of the banks even more without dealing with the shadow sector you could make the problem even worse," she said.
Note: For a comprehensive overview of the realities underlying the government's bailout of the biggest financial institutions, click here.
After the mortgage business imploded last year, Wall Street investment banks began searching for another big idea to make money. They think they may have found one. The bankers plan to buy “life settlements,” life insurance policies that ill and elderly people sell for cash — $400,000 for a $1 million policy, say, depending on the life expectancy of the insured person. Then they plan to “securitize” these policies, in Wall Street jargon, by packaging hundreds or thousands together into bonds. They will then resell those bonds to investors, like big pension funds, who will receive the payouts when people with the insurance die. The earlier the policyholder dies, the bigger the return — though if people live longer than expected, investors could get poor returns or even lose money. Either way, Wall Street would profit by pocketing sizable fees for creating the bonds, reselling them and subsequently trading them. But some who have studied life settlements warn that insurers might have to raise premiums in the short term if they end up having to pay out more death claims than they had anticipated. In the aftermath of the financial meltdown, exotic investments dreamed up by Wall Street got much of the blame. It was not just subprime mortgage securities but an array of products ... that proved far riskier than anticipated. The debacle gave financial wizardry a bad name generally, but not on Wall Street. Even as Washington debates increased financial regulation, bankers are scurrying to concoct new products. In addition to securitizing life settlements, for example, some banks are repackaging their money-losing securities into higher-rated ones.
Note: As this article reveals, Wall Street will make a killing on these new securitized investments if American life expectancy should drop. Can you think of any ways in which powerful corporations could bring this about? Say an increase in sugar content or genetically modified components in foods? Perhaps lower standards for chemical toxicity? More time watching TV, or other changes leading to increased obesity? Swine flu vaccinations? For lots more from reliable sources on the realities of the Wall Street crash and bailout, click here.
Attorney General Eric H. Holder Jr. named a veteran federal prosecutor on Monday to examine abuse of prisoners held by the Central Intelligence Agency, after the Justice Department released a long-secret report showing interrogators choked a prisoner repeatedly and threatened to kill another detainee’s children. Mr. Holder chose John H. Durham, a prosecutor from Connecticut who has been investigating the C.I.A.’s destruction of interrogation videotapes, to determine whether a full criminal investigation of the conduct of agency employees or contractors was warranted. The attorney general said his decision to order an inquiry was based in part on the recommendation of the Justice Department’s ethics office, which called for a new review of several interrogation cases. He said he was also influenced by a 2004 report by the C.I.A. inspector general at the time, John L. Helgerson, on the agency’s interrogations. The report was released Monday under a court order in a Freedom of Information Act lawsuit. Although large portions of the 109-page report are blacked out, it gives new details about a variety of abuses inside the C.I.A.’s overseas prisons, including suggestions about sexually assaulting members of a detainee’s family, staging mock executions, intimidation with a handgun and power drill, and blowing cigar and cigarette smoke into prisoners’ faces to make them vomit. The inspector general’s review raised broad questions about the legality, political acceptability and effectiveness of the harshest of the C.I.A.’s methods, including some not authorized by the Justice Department and others that were approved, like the near-drowning technique of waterboarding.
Note: And what do you think might have been in the blacked out portions of the report? For lots more on the use of illegal methods by the CIA and US military in their prosecution of the "war on terror," click here.
The violence-scarred elections in Afghanistan provided a stage for the Taliban to show war-weary Americans and Afghans that it has rebounded and can strike - even after eight years of war. For President Obama's policies, the timing couldn't be worse. With memories of the Sept. 11 terrorist attacks dimming, Americans are tiring of the conflict. New polling shows a majority - 51 percent - of those surveyed now believe the war is not worth the fight, an increase of 6 percentage points in a month. Obama's answer to the mounting skepticism is to say that, in a way, the war has just begun. The final push to wipe out [the] Taliban ... is not 8 years old but really got started when he took office and ordered 17,000 more troops into Afghanistan. In short order, he also installed a new commander and persuaded Pakistan to join the United States in what on Thursday he called a pincer movement to squeeze the enemy astride the common border.
Note: As shown over and over again, presidents and politicians of both major political parties in the U.S. support the war machine in order to get the war chest they need to be elected or re-elected. Obama is no exception. For lots more on this, click here.
An alien with a lemon-shaped head and a jazz-themed encounter with a UFO at the Glastonbury Festival are among hundreds of UFO sightings detailed in the latest batch of documents released Monday by the UK's Ministry of Defence. Fourteen files, containing over 4,000 pages of UFO sightings from 1981 to 1996, have now been placed on Britain's National Archives database and are publicly available online. The sightings range from lights in the sky to close contact with aliens, and the files contain detailed analysis on some of the UK's most popular cases -- a number of which remain officially unexplained. The files ... shed new light on Britain's own 'Roswell', the Rendlesham Forest sightings of December 1980 in which American air force men saw a series of mysterious lights in the trees at the perimeter of an air base used by the U.S. Air Force. The then government of Margaret Thatcher was quick to dismiss the incident, but a letter from a former chief of defense staff in 1985 warned that the affair could prove a 'banana skin' for the Ministry of Defence. "The case has puzzling and disquieting features which have never been satisfactorily explained ... which continue to preoccupy informed sections of the public," said the letter. This latest release of documents represents the fourth set of UFO files released since 2008 as part of a three-year project in conjunction with the National Archives.
Note: For a powerful two-page summary of evidence for UFOs presented by highly respected and credible former government and military personnel from many countries, click here. For excellent information on the Rendlesham Forest case, click here.
America is not a Christian nation. Recent poll data show that conceptually, at least, we are slowly becoming more like Hindus and less like traditional Christians in the ways we think about God, our selves, each other, and eternity. The Rig Veda, the most ancient Hindu scripture, says this: "Truth is One, but the sages speak of it by many names." A Hindu believes there are many paths to God. Jesus is one way, the Qur'an is another, yoga practice is a third. None is better than any other; all are equal. The most traditional, conservative Christians have not been taught to think like this. They learn in Sunday school that their religion is true, and others are false. Jesus said, "I am the way, the truth, and the life. No one comes to the father except through me." Americans are no longer buying it. According to a 2008 Pew Forum survey, 65 percent of us believe that "many religions can lead to eternal life" -— including 37 percent of white evangelicals, the group most likely to believe that salvation is theirs alone. Also, the number of people who seek spiritual truth outside church is growing. Stephen Prothero, religion professor at Boston University, [says] "It isn't about orthodoxy. It's about whatever works. If going to yoga works, great—and if going to Catholic mass works, great. And if going to Catholic mass plus the yoga plus the Buddhist retreat works, that's great, too." Then there's the question of what happens when you die. In reincarnation, central to Hinduism, selves come back to earth again and again in different bodies. So here is another way in which Americans are becoming more Hindu: 24 percent of Americans say they believe in reincarnation, according to a 2008 Harris poll.
Pope Benedict XVI [has] called for a radical rethinking of the global economy, criticizing a growing divide between rich and poor and urging the establishment of a “true world political authority” to oversee the economy and work for the “common good.” He criticized the current economic system, “where the pernicious effects of sin are evident,” and urged financiers in particular to “rediscover the genuinely ethical foundation of their activity.” He also called for “greater social responsibility” on the part of business. “Once profit becomes the exclusive goal, if it is produced by improper means and without the common good as its ultimate end, it risks destroying wealth and creating poverty,” Benedict wrote in his new encyclical, which the Vatican released on [July 7]. More than two years in the making, “Caritas in Veritate,” or “Charity in Truth,” is Benedict’s third encyclical since he became pope in 2005. Filled with terms like “globalization,” “market economy,” “outsourcing,” “labor unions” and “alternative energy,” it is not surprising that the Italian media reported that the Vatican was having difficulty translating the 144-page document into Latin. In many ways, the document is a puzzling cross between an anti-globalization tract and a government white paper, another signal that the Vatican does not comfortably fit into traditional political categories of right and left. Benedict also called for a reform of the United Nations so there could be a unified “global political body” that allowed the less powerful of the earth to have a voice, and he called on rich nations to help less fortunate ones.
This much we can stipulate: President John F. Kennedy was assassinated on Nov. 22, 1963, struck by two bullets — one in the head, one in the neck — while riding in an open-topped limo through Dealey Plaza in Dallas. Lee Harvey Oswald was charged with killing him, and a presidential commission headed by Chief Justice Earl Warren found that Oswald acted alone. That conclusion hasn't passed muster with the public. A 2003 ABC News poll found that 70% of Americans believe Kennedy's death was the result of a broader plot. The trajectory of the bullets, some say, didn't square with Oswald's perch on the sixth floor of the Texas School Book Depository. Others suggest a second gunman — perhaps on the grassy knoll of Dealey Plaza — participated in the shooting. Others believe in an even broader conspiracy. Was Kennedy killed by CIA agents acting either out of anger over the Bay of Pigs or at the behest of Vice President Lyndon Johnson? By KGB operatives? Mobsters mad at Kennedy's brother for initiating the prosecution of organized crime rings? Speculation over one of history's most famous political assassinations is such a popular parlor game that most people have taken the rumors to heart: just 32% of those polled by ABC believe Oswald carried out the killing on his own.
Note: For an abundance of reliable facts and information suggesting a major conspiracy in the John F. Kennedy assassination, click here. For two powerful History Channel videos providing powerful evidence of direct government involvement in the Kennedy assassination, click here and here.
Three quarters of a century ago, President Franklin Roosevelt earned the undying enmity of Wall Street when he used his enormous popularity to push through a series of radical regulatory reforms that completely changed the norms of the financial industry. Wall Street hated the reforms, of course, but Roosevelt didn’t care. Wall Street and the financial industry had engaged in practices they shouldn’t have, and had helped lead the country into the Great Depression. Those practices had to be stopped. To the president, that’s all that mattered. On Wednesday, President Obama unveiled what he described as “a sweeping overhaul of the financial regulatory system, a transformation on a scale not seen since the reforms that followed the Great Depression.” In terms of the sheer number of proposals, outlined in an 88-page document the administration released on Tuesday, that is undoubtedly true. But in terms of the scope and breadth of the Obama plan — and more important, in terms of its overall effect on Wall Street’s modus operandi — it’s not even close to what Roosevelt accomplished during the Great Depression. Rather, the Obama plan is little more than an attempt to stick some new regulatory fingers into a very leaky financial dam rather than rebuild the dam itself. Everywhere you look in the plan, you see the same thing: additional regulation on the margin, but nothing that amounts to a true overhaul. The plan places enormous trust in the judgment of the Federal Reserve — trust that critics say has not really been borne out by its actions during the Internet and housing bubbles. Firms will have to put up a little more capital, and deal with a little more oversight, but once the financial crisis is over, it will, in all likelihood, be back to business as usual.
Note: To watch the Inspector General of the Federal Reserve testify to Congress that she knows pracitcally nothing of trillions of dollars that are unaccounted for, click here. For many revealing reports from reliable sources on the hidden realities of the continuing taxpayer bailout of the biggest financial corporations, click here.
An inventory of potentially deadly pathogens at Fort Detrick's infectious disease laboratory found more than 9,000 vials that had not been accounted for, Army officials said yesterday, raising concerns that officials wouldn't know whether dangerous toxins were missing. After four months of searching about 335 freezers and refrigerators at the U.S. Army Medical Research Institute of Infectious Diseases in Frederick, investigators found 9,220 samples that hadn't been included in a database of about 66,000 items listed as of February, said Col. Mark Kortepeter, the institute's deputy commander. The vials contained some dangerous pathogens, among them the Ebola virus, anthrax bacteria and botulinum toxin, and less lethal agents such as Venezuelan equine encephalitis virus and the bacterium that causes tularemia. Most of them, forgotten inside freezer drawers, hadn't been used in years or even decades. Officials said some serum samples from hemorrhagic fever patients dated to the Korean War. The overstock and the previous inaccuracy of the database raised the possibility that someone could have taken a sample outside the lab with no way for officials to know something was missing. The institute has been under pressure to tighten security in the wake of the 2001 anthrax attacks, which killed five people and sickened 17. FBI investigators say they think the anthrax strain used in the attacks originated at the Army lab, and its prime suspect, Bruce E. Ivins, researched anthrax there. Ivins committed suicide last year during an investigation into his activities.
Note: Fort Detrick is the home of the government lab which is suspected to be involved with the creation of many previously unknown lethal viruses and germs. For lots more, see the excellent work of Dr. Leonard Horowitz at this link and this one.
Forget buckets of blood. Nothing says horror like one of those tubs of artificially buttered, nonorganic popcorn at the concession stand. That, at least, is one of the unappetizing lessons to draw from one of the scariest movies of the year, “Food, Inc.,” an informative ... documentary about the big business of feeding or, more to the political point, force-feeding, Americans all the junk that multinational corporate money can buy. You’ll shudder, shake and just possibly lose your genetically modified lunch. The director Robert Kenner jumps all over the food map, from industrial feedlots where millions of cruelly crammed cattle mill about in their own waste until slaughter, to the chains where millions of consumers gobble down industrially produced meat and an occasional serving of E. coli bacteria. The voice in the opening belongs to the ethical epicurean and locavore champion Michael Pollan, author of In Defense of Food and The Omnivore’s Dilemma. Mr. Pollan ... is a great strength of “Food, Inc.,” as is one of its co-producers, Eric Schlosser, the author of Fast Food Nation. [They], together with Mr. Kenner, chart how and why the villains not only outnumber the heroes in contemporary food production, but also how and why they outbluff, outmuscle and outspend their opponents by billions of often government-subsidized dollars. The movie takes a look at the animal abuse in industrial food production — including clandestine images of sick and crippled cows being prodded to join the rest of the ill-fated herd — but its main focus is on the human cost. It’s a cost visible in the rounded bodies of a poor family that eats cheap if filling fast-food burgers for breakfast and in the obscured faces of farmers too frightened to go on record about Monsanto, the agricultural biotech giant.
Note: For another excellent review of this important film, click here.
The United States is now relying heavily on foreign intelligence services to capture, interrogate and detain all but the highest-level terrorist suspects seized outside the battlefields of Iraq and Afghanistan, according to current and former American government officials. Pakistan's intelligence and security services captured a Saudi suspect and a Yemeni suspect this year with the help of American intelligence and logistical support, Pakistani officials said. They are still being held by Pakistan, which has shared information from their interrogations with the United States, the official said. The current approach, which began in the last two years of the Bush administration and has gained momentum under Mr. Obama, is driven in part by court rulings and policy changes that have closed the secret prisons run by the Central Intelligence Agency, and all but ended the transfer of prisoners from outside Iraq and Afghanistan to American military prisons. Human rights advocates say that relying on foreign governments to hold and question [captives] could increase the potential for abuse at the hands of foreign interrogators. The fate of many ... whom the Bush administration sent to foreign countries remains uncertain. One suspect, Ibn al-Shaykh al-Libi, who was captured by the C.I.A. in late 2001 and sent to Libya, was recently reported to have died there in Libyan custody. In the last years of the Bush administration and now on Mr. Obama's watch, the balance has shifted toward leaving all but the most high-level terrorist suspects in foreign rather than American custody.
Note: It appears that the US government is simply avoiding bringing any of its captives under official US control. After the fanfare surrounding the closure of some of its "secret" prisons abroad, the government is moving detainees into prisons run by the governments of foreign countries. Could this be for the purpose of continuing the same torture and indefinite detention that it can no longer carry out in US-controlled prisons? For lots more on the "war on terror" from reliable sources, click here.
President Obama says his proposed reforms to the military commissions his predecessor established to try suspected terrorists will bring the tribunals "in line with the rule of law." But it isn't the same law that applies in U.S. courts. Pentagon officials appoint the judges and can remove them. Military commanders choose the jurors, who can convict defendants by non-unanimous votes, except in death penalty cases. The military can monitor defense lawyers' conversations with their clients. Prosecutors can also present evidence that would never pass muster in civilian courts. Confessions made under physical or mental pressure could be admissible, despite Obama's disavowal of torture and coercion. There's no ban on evidence from illegal searches. And defendants may be convicted on the basis of hearsay - a second hand report of an out-of-court accusation by another person, perhaps a fellow suspect, whom the defense never gets to see or question. Civil-liberties advocates and legal organizations defending prisoners who may be tried before the commissions say the system is an invitation to abuse and differs little from the tribunals established by President George W. Bush. "The system is designed to ensure the outcome they want ... convictions in every case," said Ben Wizner, an American Civil Liberties Union attorney who has attended proceedings for prisoners at the U.S. naval base at Guantanamo Bay, Cuba. "This suggests that the much-heralded improvements to the Bush military commission system are largely cosmetic."
Note: For lots more on the "war on terror" from reliable sources, click here.
Ninety percent of Americans say they pray — for their health, or their love life or their final exams. But does prayer do any good? For decades, scientists have tried to test the power of prayer and positive thinking, with mixed results. Now some scientists are fording new — and controversial — territory. When I first meet Sheri Kaplan, she is perched on a plastic chair at a Miami clinic, holding out her arm as a researcher draws several vials of blood. "I'm quite excited about my blood work this time," she says. "I've got no stress and I'm proud of it." Kaplan is tanned and freckled, with wavy red hair and a cocky laugh. She is defiantly healthy for a person who has lived with HIV for the past 15 years. "God didn't want me to die or even get sick," she asserts. "I've never had any opportunistic infections, because I had no time to be down." Kaplan's faith is unorthodox, but it's central to her life. She was raised Jewish, and although she claims no formal religion now, she prays and meditates every day. She believes God is keeping the virus at bay and that her faith is the reason she's alive today. "Everything starts from a thought, and then the thought creates a reaction," she says. "And I have the power to control my mind, before it gets to a physical level or an emotional level." Kaplan has never taken medicine, yet the disease has not progressed to AIDS (and she is not part of the population that has a mutation in the CCR5 gene that prevents progression of HIV to AIDS).
Even if you don't dig on swine, it has become impossible to avoid them. If you're not pummeled by television reports about Wall Street oinkers, you're bombarded by talk-radio rants about congressional pork and newspaper dispatches about swine flu. They are each part of what might be called piggish capitalism - an economic theory that mixes subsidization, consolidation and deregulation - and it endangers us all. In 1999 ... President Bill Clinton signed a landmark deregulation measure that "ushered in an era of aggressive bank mergers," as Reuters reports. The result was what critics like Rep. John Dingell, D-Mich., predicted at the time: Wall Street created "a group of institutions which are too big to fail" and that "taxpayers are going to be called upon to cure." Mass producing mortgage-backed securities that were quickly infected with subprime mutations, these financial factory farms became so enormous and unregulated that they spread toxic assets throughout the entire economy. And when losses mounted, the government made banks whole with trillion-dollar bailouts. Incredibly, our government hasn't learned from these crises. Regulation-wise ...new financial rules have yet to move in Congress. Additionally, the much-vaunted bank "stress tests" have been shrouded in secrecy, which experts say created the potential for rampant insider trading. Meanwhile, the White House seems loath to break up financial firms, preferring instead another bank bailout - even as analysts warn that such bailouts fuel merger mania. Pigs may, in fact, be the smartest domestic animal. But when charged with managing capitalism, they clearly have trouble comprehending the simplest lessons.
Note: For a clear example of the lack of concern about trillions of dollars unaccounted for by the Federal Reserve, listen to a five-minute video testimony of the inspector general of the Fed being question by a Congressman at this link. Then learn more about the major manipulations of the Fed on our highly banking and financial revealing summary available here.
Last month’s release of memos prepared by the Bush Justice Department and the disclosure of a report by the International Committee of the Red Cross on the brutal treatment of detainees expanded public knowledge of an ignominious chapter in the nation’s history. But these and other related disclosures do not provide a complete record of the government’s abuse of detainees. One missing element is the words of those prisoners subjected to waterboarding and other brutality. Those voices remain muffled by a combination of Bush-era resistance to a reasonable Freedom of Information Act request by the American Civil Liberties Union, and the gag order imposed on lawyers representing Guantánamo detainees. For two years, the A.C.L.U. has been seeking complete transcripts of the hearings at Guantánamo for 14 men who were previously in C.I.A. custody, including Abu Zubaydah, who has been described as an operative of Al Qaeda and was waterboarded at least 83 times. But the publicly released version of these transcripts deleted all detainee statements about their ordeals. The Bush team’s national security claim always had the odor of a cover-up. The interrogation program it was protecting has been discontinued, and crucial details are known. It is unsupportable to blank out grim details. The same considerations apply to the protective order that prohibits lawyers for Guantánamo detainees from speaking publicly about their clients’ treatment unless they receive the government’s permission or the information otherwise becomes public. Disclosure of the torture memos and the Red Cross report gives detainee lawyers more leeway, but they should not have to parse their words under a threat of prosecution.
Note: For many reports from major media sources detailing the disturbing government threats to civil liberties, click here.
Important Note: Explore our full index to revealing excerpts of key 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.