News ArticlesExcerpts of Key News Articles in Major Media
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The shooting of Michael Brown, an 18-year-old African-American, by a police officer in Ferguson, Missouri, is a reminder that civilians—innocent or guilty—are far more likely to be shot by police in America than in any other rich country. In 2012, according to data compiled by the FBI, 410 Americans were “justifiably” killed by police—409 with guns. That figure may well be an underestimate. Not only is it limited to the number of people who were shot while committing a crime, but also, amazingly, reporting the data is voluntary. Last year, in total, British police officers actually fired their weapons three times. The number of people fatally shot was zero. In 2012 the figure was just one. Even after adjusting for the smaller size of Britain’s population, British citizens are around 100 times less likely to be shot by a police officer than Americans. Between 2010 and 2014 the police force of one small American city, Albuquerque in New Mexico, shot and killed 23 civilians; seven times more than the number of Brits killed by all of England and Wales’s 43 forces during the same period. The explanation for this gap is simple. In Britain, guns are rare. Only specialist firearms officers carry them; and criminals rarely have access to them. In America, by contrast, it is hardly surprising that cops resort to their weapons more frequently. In 2013, 30 cops were shot and killed—just a fraction of the 9,000 or so murders using guns that happen each year. Add to that a hyper-militarised police culture and a deep history of racial strife and you have the reason why so many civilians are shot by police officers.
Note: For more on this, see concise summaries of deeply revealing police corruption news articles from reliable major media sources.
It was revealed this week that many government information officers block specific journalists they don't like from accessing information. The news comes as 47 federal inspectors general sent a letter to lawmakers criticizing "serious limitations on access to records" that they say have "impeded" their oversight work. The data about public information officers was compiled over the past few years by Kennesaw State University professor Carolyn Carlson. Her surveys found that 4 in 10 public information officers say "there are specific reporters they will not allow their staff to talk to due to problems with their stories in the past." Carlson has conducted surveys of journalists and public information officers since 2012. In her most recent survey of 445 working journalists, four out of five reported that "their interviews must be approved" by government information officers, and "more than half of the reporters said they had actually been prohibited from interviewing [government] employees at least some of the time by public information officers." The Associated Press reported earlier this year that in 2013 "the government cited national security to withhold information a record 8,496 times — a 57 percent increase over a year earlier and more than double Obama's first year." This week's letter from more than half of the federal government's inspectors general [said] that government agencies' move to hide information from them represents a "potentially serious challenge to the authority of every Inspector General and our ability to conduct our work thoroughly, independently, and in a timely manner."
Note: For more on this, see concise summaries of deeply revealing government secrecy news articles from reliable major media sources.
The [UK] government [has] announced an inquiry into historical allegations of child sex abuse by leading political figures. The Westminster inquiry will investigate not just the rape and assault of children at group homes going back decades but also accusations that child abuse by politicians and other public figures was deliberately covered up or even facilitated by members of the elite. [The] Parliament has ... spent 30 years failing to catch the pedophiles in its own house. Before the inquiry was even announced, it emerged that 114 files concerning allegations of abuse against children involving senior political figures had mysteriously disappeared. What links all these convicted or alleged predators of children is not background or upbringing. What united them was power and access — and a sense of entitlement, acquired from Britain’s traditional elite, that came from the knowledge that their reputations were too great for them to be held accountable. In many cases, investigation by the authorities was deliberately deflected. Nowhere is this truer than at Britain’s top “public schools,” as the private secondary, usually boarding, schools are known. In these, a culture of bullying and sexualized violence has been understood for more than a century as part of the process of training young men to be leaders. Teachers at 130 of these schools have been implicated; several schools are under criminal investigation by the police. That victims of child abuse often grow up to replicate that abuse, to become bullies or tyrants or covert sexual predators, has long been understood as a human tragedy. Only in Britain does it seem to have been the intrinsic psychology at the dark heart of the governing elite.
Note: For more on this, see concise summaries of deeply revealing sexual abuse scandals news articles from reliable major media sources.
The secretive British spy agency GCHQ has developed covert tools to seed the internet with false information, including the ability to manipulate the results of online polls, artificially inflate pageview counts on web sites, “amplif[y]” sanctioned messages on YouTube, and censor video content judged to be “extremist.” The capabilities, detailed in documents provided by NSA whistleblower Edward Snowden, even include an old standby for pre-adolescent prank callers everywhere: A way to connect two unsuspecting phone users together in a call. The tools were created by GCHQ’s Joint Threat Research Intelligence Group (JTRIG), and constitute some of the most startling methods of propaganda and internet deception contained within the Snowden archive. Previously disclosed documents have detailed JTRIG’s use of “fake victim blog posts,” “false flag operations,” “honey traps” and psychological manipulation to target online activists, monitor visitors to WikiLeaks, and spy on YouTube and Facebook users. A newly released top-secret GCHQ document called “JTRIG Tools and Techniques” provides a comprehensive, birds-eye view of just how underhanded and invasive this unit’s operations are. The document—available in full here—is designed to notify other GCHQ units of JTRIG’s “weaponised capability” when it comes to the dark internet arts, and serves as a sort of hacker’s buffet for wreaking online havoc.
Note: For more on this, see concise summaries of deeply revealing intelligence agency operations news articles from reliable major media sources.
JUDY WOODRUFF: “We should start praying. I wouldn’t be surprised if half of these loans went down” — that’s what a trader at Citigroup wrote in an e-mail in 2007, after reviewing thousands of mortgages bought and sold by the bank. Today, the Justice Department cited those very words as it announced a $7 billion settlement with the bank. The government said Citi committed egregious misconduct in the lead-up to the financial crisis. Of the $7 billion, Citigroup will pay $4 billion to the Justice Department. More than $2.5 billion is set aside for what’s described as consumer relief. Tony West is associate attorney general. And he was the government’s lead negotiator in this case. Lay out for us, what was this egregious conduct and how many people at Citigroup were engaged in it? TONY WEST: Citibank packaged securities, packaged loans, mortgage loans into these securities, which they sold to investors. What they didn’t tell investors was what the actual quality of those loans were. And so you had these mortgage bond deals that had quality that was far less than what Citi was representing to investors that they were. JUDY WOODRUFF: And how many people knew about this, and did the knowledge go all the way to the top? TONY WEST: We know from the evidence that bankers were warned that the quality of the loans that they were packaging into these securities wasn’t what they were telling investors they were, but they ignored those warning signs. They ignored that due diligence. Certainly enough ... bankers knew that we felt that we could demand a very high, in fact, an historically high, penalty from Citibank.
Note: For more on this, see concise summaries of deeply revealing financial corruption news articles from reliable major media sources.
Most everyone who has ever selected their fruits and vegetables from the "organic" section while grocery shopping probably thought they were doing something good for their bodies and the environment. Yet the question of whether organic foods are in fact more nutritious than their conventionally grown counterparts remains a topic of heated scientific debate. On [July 14], the British Journal of Nutrition published research that disputed the notion that organic foods are essentially no more healthful than conventional foods. After reviewing 343 studies on the topic, researchers in Europe and the United States concluded that organic crops and organic-crop-based foods contained higher concentrations of antioxidants on average than conventionally grown foods. At the same time, the researchers found that conventional foods contained greater concentrations of residual pesticides and the toxic metal cadmium. "This shows clearly that organically grown fruits, vegetables and grains deliver tangible nutrition and food safety benefits," said study coauthor Charles Benbrook, a research professor at Washington State University's Center for Sustaining Agriculture and Natural Resources.
Note: Read more about this landmark study in this article.
From politicians’ fraudulent expenses to phone hacking, Britain has become surprisingly scandal-strewn in recent years, but the latest reputational cyclone to sweep across its shores is casting an especially dark light: pedophilia in high places. Newspapers and TV bulletins have been dominated for the past week by allegations that politicians with links to Margaret Thatcher’s government sexually abused vulnerable children in the 1980s and hid the truth for decades through their “chumocracy.” Suspicions of an establishment cover-up involving government departments, Scotland Yard and other elements of the establishment intensified in recent days when the law-and-order ministry, the Home Office, confirmed [that] dozens of potentially-relevant files alleging sexual misconduct had gone missing from its archives. The allegations—which center around the suggestion that politicians of all parties and other VIPs preyed on children at a guest house in the London suburb of Barnes—have been given greater credence because in the past two years a string of national figures have been exposed as predatory pedophiles. Into this febrile atmosphere, Tom Watson, a Labour Party lawmaker, told the House of Commons in October 2012 that police should “investigate clear intelligence suggesting a powerful pedophile network linked to Parliament and Number 10.” As a result of Watson and online news agency Exaro’s investigations, Scotland Yard launched Operation Fernbridge, an inquiry into the now-notorious Elm Guest House.
Note: Watch powerful evidence in a suppressed Discovery Channel documentary showing that child sexual abuse scandals reach to the highest levels of government. For more on this, see concise summaries of deeply revealing sexual abuse scandals news articles from reliable major media sources.
[Phil Donahue:] I [have] produced ... an anti-Iraq War documentary. It’s titled “Body of War,” and it is available on Netflix. I’d very much like you to see the behavior of the [US] congressmen [in my film]. They were summoned to the White House by WHIG, White House Iraq Group. This is a Karl Rove committee that included the advertising warriors who named our invasion “Shock and Awe,” and “Rolling Thunder,” like video games. And they gave them their talking points: “A smoking gun will become a mushroom cloud”; “The longer we wait, the more dangerous he becomes”; “Saddam has more weapons of mass destruction than Hitler ever had”; “I see Hitler in Saddam Hussein.” And they read this, they’re looking down at the piece of paper, in what was at most a shell debate, that led to the deaths of over 4,500 service people, men and women both, not to mention how many injuries, we’re not even sure, we’re not even sure how many Iraqis are dead, and the refugees are in the millions. This is unbelievable. You’ve got to see this debate. It’s truly a very instructive piece on what you can do if you scare the people. George Bush took this nation, the mainstream media included, and led it right into this war. It was an amazingly executed, brilliantly executed, plan. The politics of fear. We haven’t won a war, and we’re spending $2 billion a day on things that go “boom.” We have become a warrior nation. We have no respect for diplomacy. We have to be tough, and we don’t talk to people we don’t like.
Note: Learn lots more about the politics of fear by watching online the BBC documentary Power of Nightmares. For more on this, see concise summaries of deeply revealing government corruption news articles from reliable major media sources.
The handsome Edwardian house that was formerly Elm Guest House, near Barnes, in south-west London, was long ago converted into flats. Some 30 years ago, the convenient location was similarly appealing. Today ... this suburban house is at the heart of a simmering scandal threatening to boil over and take with it the reputations of a swath of the political class of the 1970s and 1980s. In 2012 Tom Watson, the Labour MP who played a key role in exposing the phone-hacking scandal at the News of the World, stood up in parliament to ask the prime minister to ensure that a dossier of information used in 1992 to convict a notorious paedophile called Peter Righton was examined thoroughly. Watson said he believed the file, if it still existed, would provide some evidence of a "powerful paedophile network linked to parliament and No 10". Claims have since materialised about boys from Grafton Close Children's Home in Hounslow, west London, being taken to Elm Guest House, plied with alcohol and abused. Cyril Smith, the late Liberal MP, accused since his death in 2010 of being an inveterate child abuser, is said to have regularly visited the property. Back in 1983, Geoffrey Dickens, a Tory MP, had got wind of something of this. He compiled a dossier, telling his family it was "explosive" and would "blow the lid" on powerful and famous child abusers. The dossier was handed over to the then home secretary, Leon Brittan, who acknowledged receipt in a letter and suggested the police had been informed. [But] nothing was heard of the Dickens dossier again.
Note: Watch powerful evidence in a suppressed Discovery Channel documentary showing that child sexual abuse scandals reach to the highest levels of government. For more on this, see concise summaries of deeply revealing sexual abuse scandals news articles from reliable major media sources.
Ordinary Internet users, American and non-American alike, far outnumber legally targeted foreigners in the communications intercepted by the National Security Agency from U.S. digital networks, according to a four-month investigation by The Washington Post. [90% of] account holders found in a large cache of intercepted conversations, which former NSA contractor Edward Snowden provided in full to The Post, were not the intended surveillance targets but were caught in a net the agency had cast for somebody else. Many of them were Americans. [Many] files, described as useless by the analysts but nonetheless retained, have a startlingly intimate, even voyeuristic quality. They tell stories of love and heartbreak, illicit sexual liaisons, mental-health crises, political and religious conversions, financial anxieties and disappointed hopes. The daily lives of more than 10,000 account holders who were not targeted are catalogued and recorded nevertheless. The cache Snowden provided came from domestic NSA operations under the broad authority granted by Congress in 2008 with amendments to the Foreign Intelligence Surveillance Act. FISA content is generally stored in closely controlled data repositories, and for more than a year. The files offer an unprecedented vantage point on the changes wrought by Section 702 of the FISA amendments, which enabled the NSA to make freer use of methods that for 30 years had required probable cause and a warrant from a judge.
Note: For more on this, see concise summaries of deeply revealing government surveillance news articles from reliable major media sources.
A controversial scientist who carried out provocative research on making influenza viruses more infectious has completed his most dangerous experiment to date by deliberately creating a pandemic strain of flu that can evade the human immune system. Yoshihiro Kawaoka of the University of Wisconsin-Madison has genetically manipulated the 2009 strain of pandemic flu in order for it to “escape” the control of the immune system’s neutralising antibodies, effectively making the human population defenceless against its reemergence. Most of the world today has developed some level of immunity to the 2009 pandemic flu virus. However ... Professor Kawaoka intentionally set out to see if it was possible to convert it to a pre-pandemic state in order to analyse the genetic changes involved. Professor Kawaoka’s work had been cleared by Wisconsin’s Institutional Biosafety Committee, but some members of the committee were not informed about details of the antibody study ... and have voiced concerns about the direction, oversight and safety of his overall research on flu viruses. “I have met Professor Kawaoka in committee and have heard his research presentations and honestly it was not re-assuring,” said Professor Tom Jeffries, a dissenting member of the 17-person biosafety committee. This is the first time that someone has taken a strain of influenza virus, called H1N1, known to have caused a global epidemic, in other words a “pandemic”, and deliberately mutated it many times over.
Tens of thousands of paedophiles are using the so-called dark net to trade images of sexual abuse, an investigation by BBC News indicates. Brits are heavily involved in producing and distributing illegal obscene images. Britain's National Crime Agency warned in its 2014 threat assessment that abusers were turning to anonymous sites and encryption technology. The dark net is the term used to refer to parts of the internet that are hidden and can be hard to access without special software. One of the most popular products used to access such areas is called the TorBrowser. It allows people to use Tor, an "onion-routing" system which makes a PC's net address untraceable by bouncing the encrypted data it sends through several randomly selected computer servers on a volunteer network - each of which removes a level of encryption - before it reaches its destination. There are also many hidden sites on the network ending in the .onion suffix, which cannot be found using Google or other regular search engines. Tor was first created by the US military but is now also used by pro-democracy campaigners, whistleblowers and journalists operating under repressive regimes. It was used by activists during the Arab Spring to avoid detection. But criminals are also taking advantage of its anonymity. IT experts are divided as to whether it's possible to create a workable "backdoor" into Tor, which would allow users to be identified. But some security specialists believe there are innovative ways to unmask the users of paedophile sites.
Note: Another BBC article reveals that over 100 million files containing images of child abuse have been reviewed. And this only counts the ones authorities have found and monitored. For more on this, see concise summaries of deeply revealing sexual abuse scandals news articles from reliable major media sources.
The St. Louis archbishop embroiled in a sexual abuse scandal testified last month that he didn’t know in the 1980s whether it was illegal for priests to have sex with children, according to a court deposition released [on June 9]. Archbishop Robert Carlson, who was chancellor of the Archdiocese of Minneapolis and St. Paul at the time, was deposed as part of a lawsuit against the Twin Cities archdiocese and the Diocese of Winona, Minnesota. In a video released by the St. Paul law firm Jeff Anderson & Associates, the Catholic archbishop is asked whether he had known it was a crime for an adult to engage in sex with a child. “I’m not sure whether I knew it was a crime or not,” Carlson responded. “I understand today it’s a crime.” When asked when he first realized it was a crime for an adult — including priests — to have sex with a child, Carlson, 69, shook his head. “I don’t remember,” he testified. Attorney Jeff Anderson, who is representing an alleged clergy abuse victim, also released documents ... indicating Carlson was aware in 1984 of the seriousness of child abuse allegations. He admitted in his deposition that he never personally went to police, even when a clergy member admitted to inappropriate behavior. In last month’s testimony, Carlson responded 193 times that he did not recall abuse-related conversations from the 1980s to mid-1990s. Anderson provided a report from a previous deposition in 1987 in which now-deceased Bishop Loras Watters said he advised Carlson to answer “I don’t remember” if questioned in court. Carlson responded last month that he had “no knowledge of the discussion.”
Note: For more on this, see concise summaries of deeply revealing sexual abuse scandals news articles from reliable major media sources.
Recent data from the Luxembourg Income Study Database [is] shocking. While median per capita income in the United States has stagnated since 2000, it's up significantly in Canada and Northern Europe. Their typical worker's income is now higher than ours, and their disposable income -- after taxes -- higher still. Most of them get free health care and subsidized child care. And if they lose their jobs, they get far more generous unemployment benefits than we do. (In fact, right now, 75 percent of jobless Americans lack any unemployment benefits.) If you think we make up for it by working less and getting paid more on an hourly basis, think again. There, at least three weeks paid vacation is the norm, along with paid sick leave and paid parental leave. We're working an average of 4.6 percent more hours more than the typical Canadian worker, 21 percent more than the typical French worker, and a whopping 28 percent more than your typical German worker. But at least Americans are more satisfied, aren't we? Not really. According to opinion surveys and interviews, Canadians and Northern Europeans are. They also live longer, their rate of infant mortality is lower, and women in those countries are far less likely to die as result of complications in pregnancy or childbirth. But at least we're the land of more equal opportunity, right? Wrong. Their poor kids have a better chance of getting ahead. While 42 percent of American kids born into poor families remain poor through their adult lives, only 30 percent of Britain's poor kids remain impoverished -- and even smaller percentages in other rich countries.
Note: For more on the devastating impacts of the income inequality, see the deeply revealing reports from reliable major media sources available here.
The Defense Advanced Research Projects Agency, or DARPA, is launching a $70 million program to help military personnel with psychiatric disorders using electronic devices implanted in the brain. The goal of the five-year program is to develop new ways of treating problems including depression, anxiety and post-traumatic stress disorder, all of which are common among service members who fought in Iraq or Afghanistan. The new program will fund development of high-tech implanted devices able to both monitor and electrically stimulate specific brain circuits. The effort will be led by scientists at the University of California, San Francisco and Massachusetts General Hospital. The UCSF team will begin its work by studying volunteers who already have probes in their brains as part of treatment for epilepsy or Parkinson's disease. That will allow researchers to "record directly from the brain at a level of resolution that's never [been] done before," says Eddie Chang, a neurosurgeon at UCSF. And because many of the volunteers also have depression, anxiety and other problems, it should be possible to figure out how these conditions have changed specific circuits in the brain, Chang says. The scientists ... hope to design tiny electronic implants that can stimulate the cells in faulty brain circuits. "We know that once you start putting stimulation into the brain, the brain will change in response," Chang says.
Note: Do we really want the military implanting chips in people's brains? What other behavior might they want to control? For more on microchip implants, see the deeply revealing reports from reliable major media sources available here.
The world’s most advanced ionospheric research facility has in its lifetime faced allegations of being a 'military death beam', a weapon of weather control and even a top-secret mind-control project. Now, the US government’s High Frequency Active Auroral Research Program (HAARP) is threatened with closure. HAARP, near Gakona, Alaska, comprises radio transmitters and antennas that are used to heat up the ionosphere — the uppermost region of the atmosphere — creating a laboratory in the sky for scientists.The facility has been used to produce an artificial aurora and to study how charged particles behave in the ionosphere, at a total cost of more than $250 million to build and operate. To justify HAARP’s price, the Pentagon had to dream up exotic military applications, sparking conspiracy theories. The practical challenge for HAARP has been to balance its role as a Pentagon-operated site for developing military applications with its function as a basic science facility. Supporters have long tried to come up with potential military uses, such as testing deep-sea communications for submarines, detecting underground military bunkers and cleaning up satellite-disabling electrons in the event of a high-altitude nuclear detonation. Research into that last application had been supported by the US Defense Advanced Research Projects Agency (DARPA), but its chief says that the agency is now abandoning its work at HAARP. The final DARPA-sponsored experiment, called Basic Research on Ionospheric Characteristics and Effects (BRIOCHE), is scheduled to end in mid-June.
Note: Our excellent webpage on HAARP at this link presents powerful, reliable evidence that HAARP is used for weather control and much more. And there is clearly manipulation going on around the closing of this facility. A July 2013 article stated HAARP was officially shuttered in June 2013. Yet the above article states it "will be closed after a final research experiment in mid-June" of 2014. This may be an excuse to stop the live broadcasting of HAARP's signals on a public website, which provided fodder for conspiracy theorists. With all the intense secrecy around this for reasons of "national security," it's hard to know what's really happening.
Vermont on [May 8] became the first state in the nation to require the labeling of genetically engineered foods. Gov. Peter Shumlin signed that mandate into law on Thursday afternoon, saying in a statement “we believe we have a right to know what’s in the food we buy.” The new law represents a significant victory for advocates who have for years pushed such measures at the state and local level. But there remains one more hurdle to overcome: a likely lawsuit. Legislators, officials and advocates are preparing for the state to be sued over the new law. Last month, state Attorney General Bill Sorrell told Vermont Public Radio that he would be “very surprised” if the state isn’t sued. And officials were so sure of a challenge that the measure itself creates a $1.5 million legal defense fund, to be paid for with settlements won by the state. “The threat of a lawsuit worked for a while, but now it doesn’t work anymore,” says Ronnie Cummins, national director of the Organic Consumers Association, whose organization has for years worked with activists and lawmakers in Vermont on the issue. At least 25 states have considered such legislation, according to a recent report on labeling requirements from the nonprofit Council for Agricultural Science and Technology. And advocates are hopeful they will get a measure on the Oregon ballot this year. Proponents argue that the science behind genetically modified food is far from conclusive and ask why consumers should take risks without knowing what they’re eating. If companies truly stand behind the safety of GMO foods, they shouldn’t worry about having to identify them, advocates for labeling argue.
Note: For many major media articles laying bare the serious risks and dangers of GMOs in our food, click here. For more on the major risks from GMO foods, see the deeply revealing summary available here.
The Vatican revealed [on May 6] that over the past decade, it has defrocked 848 priests who raped or molested children and sanctioned another 2,572 with lesser penalties, providing the first ever breakdown of how it handled the more than 3,400 cases of abuse reported to the Holy See since 2004. The Vatican's U.N. ambassador in Geneva, Archbishop Silvano Tomasi, released the figures during a second day of grilling by a U.N. committee monitoring implementation of the U.N. treaty against torture. Tomasi insisted that the Holy See was only obliged to abide by the torture treaty inside the tiny Vatican City State, which has a population of only a few hundred people. But significantly, he didn't dispute the committee's contention that sexual violence against children can be considered torture. Legal experts have said that classifying sexual abuse as torture could expose the Catholic Church to a new wave of lawsuits since torture cases in much of the world don't carry statutes of limitations. The Vatican in 2001 required bishops and religious superiors to forward all credible cases of abuse to Rome for review after determining that they were shuffling pedophile priests from diocese to diocese rather than subjecting them to church trials. Only in 2010 did the Vatican explicitly tell bishops and superiors to also report credible cases to police where local reporting laws require them to. The Vatican statistics ... showed that far from diminishing in recent years, the number of cases reported annually to the Vatican has remained a fairly constant 400 or so since 2010.
Note: For more on sexual abuse by Catholic priests, see the deeply revealing reports from reliable major media sources available here.
Contradicting an earlier assertion made under oath by a senior FBI official, an attorney for the Justice Department said [on April 30] that the FBI has identified four more boxes of “classified” 9/11 documents held by its Tampa field office. The government, however, has yet to comply with a federal judge’s orders ... that it turn over copies of that massive 9/11 file — now said to total 27 boxes — for his personal inspection. U.S. District Judge William J. Zloch issued those orders in a Freedom of Information lawsuit brought by BrowardBulldog.org seeking records about the FBI’s investigation into apparent pre-9/11 terrorist activity in Sarasota. Former Florida Sen. Bob Graham, who co-chaired Congress’ Joint Inquiry into the 9/11 attacks, has said that the FBI did not disclose the existence of the Sarasota investigation to either the Joint Inquiry or the subsequent 9/11 Commission. The documents state that the Sarasota Saudis had “many connections” to “individuals associated with the terrorist attacks on 9/11/2001.” One document lists three individuals, with names blacked out, and ties them to the Venice, Fla., flight school where suicide hijackers Atta and Marwan al-Shehhi trained.
Note: For solid evidence that many more were involved in 9/11 than is generally admitted, see the revealing newspaper article at this link. For an excellent documentary focused on the Venice, Florida flight school which all but proves a major cover-up involving US citizens involved in the planning of 9/11, click here. And for a treasure trove of reliable information showing a major cover-up around 9/11, click here.
In fall 2009, Secretary Timothy Geithner invited people working on TARP oversight to a meeting. After we had listened to the secretary go on and on about his department’s cheery projections for recovery, I finally interrupted with a question about a new topic. Why, I asked, had Treasury’s response to the flood of foreclosures been so small? The Congressional Oversight Panel had been sharply critical of Treasury’s foreclosure plan. We thought that the program was poorly designed and poorly managed and provided little permanent help, and we worried that it would reach too few people to make any real difference. The secretary ... quickly launched into a general discussion of his approach to dealing with foreclosures, rehashing the plan that the Congressional Oversight Panel had already reviewed. Next, he explained why Treasury’s efforts were perfectly adequate. Then he hit his key point: The banks could manage only so many foreclosures at a time, and Treasury wanted to slow down the pace so the banks wouldn’t be overwhelmed. And this was where the new foreclosure program came in: It was just big enough to “foam the runway” for them. There it was: The Treasury foreclosure program was intended to foam the runway to protect against a crash landing by the banks. Millions of people were getting tossed out on the street, but the secretary of the Treasury believed the government’s most important job was to provide a soft landing for the tender fannies of the banks.
Note: Adapted from A Fighting Chance by Elizabeth Warren. For more on the government's collusion with the big banks before, during and after the 2008 financial crisis brought about by fraudulent mortgage sales, see the deeply revealing reports from reliable major media sources available here.
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