News ArticlesExcerpts of Key News Articles in Major Media
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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.
The US government does not represent the interests of the majority of the country's citizens, but is instead ruled by those of the rich and powerful, a new study from Princeton and Northwestern Universities has concluded. The report ... used extensive policy data collected from between the years of 1981 and 2002 to empirically determine the state of the US political system. The peer-reviewed study ... says: "Economic elites and organised groups representing business interests have substantial independent impacts on US government policy, while mass-based interest groups and average citizens have little or no independent influence." Researchers concluded that US government policies rarely align with the the preferences of the majority of Americans, but do favour special interests and lobbying organisations: "When a majority of citizens disagrees with economic elites and/or with organised interests, they generally lose. Moreover, because of the strong status quo bias built into the US political system, even when fairly large majorities of Americans favour policy change, they generally do not get it." The politics of average Americans and affluent Americans sometimes does overlap. This is merely a coincidence, the report says. The theory of "biased pluralism" that the Princeton and Northwestern researchers believe the US system fits holds that policy outcomes "tend to tilt towards the wishes of corporations and business and professional associations."
Note: Note: Watch an excellent six minute video showing how corruption in the US is legal. For more along these lines, see concise summaries of deeply revealing income inequality news articles from reliable major media sources.
Get the measles vaccine, and you won't get the measles-or give it to anyone else. Right? Well, not always. A person fully vaccinated against measles has contracted the disease and passed it on to others. The startling case study contradicts received wisdom about the vaccine and suggests that a recent swell of measles outbreaks in developed nations could mean more illnesses even among the vaccinated. A fully vaccinated 22-year-old theater employee in New York City who developed the measles in 2011 was released without hospitalization or quarantine. This patient turned out to be unwittingly contagious. Ultimately, she transmitted the measles to four other people, according to a recent report in Clinical Infectious Diseases. Two of the secondary patients had been fully vaccinated. The other two ... showed signs of previous measles exposure that should have conferred immunity. Although public health officials have assumed that measles immunity lasts forever ... "the actual duration [of immunity] following infection or vaccination is unclear," says Jennifer Rosen, who led the investigation as director of epidemiology and surveillance at the New York City Bureau of Immunization.
Note: Did you know that no one has died from measles in the US for 12 years, yet 98 measles vaccine related deaths have been reported in the same period? Read more on this excellent webpage. And read a rare local newspaper article report on one family who was awarded near $2 million for a vaccine injury only then to be ridiculed by vaccine supporters who claim these things never happen. And this US government webpage states, "Since the first National Vaccine Injury Compensation (VICP) claims were filed in 1989, 3,981 compensation awards have been made. More than $2.8 billion in compensation awards has been paid."
The drug Tamiflu, given to tens of thousands of people during the swine flu pandemic, does nothing to halt the spread of influenza and the [UK] Government wasted nearly 500 million stockpiling it, a major study has found. The review, authored by Oxford University, claims that Roche, the drugs Swiss manufacturer, gave a false impression of its effectiveness and accuses the company of sloppy science. The study found that Tamiflu, which was given to 240,000 people in the UK at a rate of 1,000 a week, has been linked to suicides of children in Japan and suggested that, far from easing flu symptoms, it could actually worsen them. Roche claimed at the time of the 2009 swine flu outbreak that trials had shown that it would reduce hospital admissions and complications such as pneumonia, bronchitis or sinusitis. Based on [these claims], the Department of Health bought around 40 million doses of Tamiflu at a cost of 424 million and prescribed it to around 240,000 people. In 2009, 0.5 per cent of the entire NHS budget was spent on the drug. However, researchers from The Cochrane Collaboration, a not-for-profit organisation which carries out reviews of health data, found that Tamiflu only cut flu-like symptoms from seven days to 6.3 days and there was no evidence of a reduction in hospital admissions. Eight children who took the drug in Japan ended up committing suicide after suffering psychotic episodes. Other side effects included kidney problems, nausea, vomiting and headaches. Many people reported feeling anxious or depressed when taking the drug.
Note: We sent out numerous messages at the time of all the fear-mongering around the avian and swine flu scares that this was wasting huge amounts of money. Of course the money wasn't just wasted, much of it went into the pockets of Donald Rumsfeld and others, as reported in this newspaper article. For the revealing news articles we compiled showing the blatant greed and corruption involved, click here.
Since [the days of Al Capone,] Chicago officials have awarded "Public Enemy No 1" status to only one other person: cartel billionaire Joaqun Guzmn Loera, better known now to the world over as "El Chapo". But nearly seven weeks before [his February] capture at a beach resort, the Mexican newspaper El Universal reported how US agencies had armed and financed El Chapo's Sinaloa criminal empire for at least 12 years. That link has been substantiated by DEA and Justice Department court testimonies, and even US agents confirmed the financing had been approved by high-ranking officials and federal prosecutors. But the American media barely reported how entrenched the American government has become in the Mexican drug trade. The latest installment of the "war on drugs" has killed 100,000 people since its official declaration by Mexican President Filipe Calderon and US President George W Bush in 2006. During this period, the US-El Chapo partnership was reportedly never closer: under the deal, Washington allowed El Chapo's Sinaloa cartel to carry on business as usual while top Sinaola members, for their part, provided information on their rivals. DEA agents met with their informants more than 50 times, El Universal reported, as the agents offered their whisperers immunity. American patronage goes well beyond stoking the largest and most powerful of the Mexican cartels (Sinaloa), as well as the most heinous (Golfo and Los Zetas). Drug arrests of cartel associates amounted to less than 2% of over 50,000 arrests made in the first four years of the Bush-Calderon partnership.
Note: For more on government corruption, see the deeply revealing reports from reliable major media sources available here.
In 1982, 12-year-old Johnny Gosch disappeared while on his early morning paper route in suburban Des Moines, Iowa. The case remains unsolved, but there are clues to what might have happened. Filmmakers David Beilinson, Suki Hawley and Michael Galinsky tackle the story from the point of view of the boy's mother, Noreen Gosch. When she and her husband first reported Johnny's disappearance, police assumed he had run away and declined to involve the FBI. Gosch expressed her displeasure with regularity, prompting this quote in the newspaper from the local police chief: "I really don't give a damn what Noreen Gosch has to say. I really don't give a damn what she thinks. I'm interested in the boy and what we can do to find him. I'm kind of sick of her." The story takes several unusual turns. A dollar bill surfaces at a store with a handwritten message: "I am alive. Johnny Gosch." A young man incarcerated in Nebraska admits some involvement in Johnny's abduction as part of an organized child prostitution ring. Gosch then admits to seeing her son one time, on her doorstep, decades after his disappearance. A swirl of conspiracy theories, professional incompetence, grief, finger-pointing and bizarre details, the story only gets stranger as it goes. And more disturbing. Decades after his disappearance, Gosch received photos of boys who were bound and gagged. The images, though PG, are upsetting on such a deep level. What really happened to Johnny, at least according to his mother, sounds outlandish. Horrifying. But it's not implausible.
Note: This film is intimately related to one of the most revealing documentaries ever made - "Conspiracy of Silence" - which you can learn about and watch on this webpage. Learn lots more on the website put up by the mother of Johnny Gosch and on this webpage.
A Canadian who works on Wall Street is emerging in some quarters as a hero for revealing the inner workings of high frequency traders who critics have accused of rigging the stock market and taking investors for billions. Brad Katsuyama now runs IEX – the Investors Exchange – a new Wall Street trading platform he founded. But it was in his former capacity as the head trader in New York for RBC Capital Markets that he caught the attention of popular financial writer Michael Lewis. Katsuyama gets star billing in Lewis’s new book, Flash Boys: A Wall Street Revolt. Katsuyama told Lewis that he had uncovered the methods high frequency traders use to get what he considers to be an unfair advantage over other investors. Katsuyama noticed that when he would send a large stock order to the market, it would only be partially filled, and then he would have to pay a higher price for the rest of the order. When he investigated, he found that his orders travelled along fibre-optic lines and hit the closest exchange first, where high frequency traders would use their speed advantage to buy the shares he wanted and then sell them to him at a slightly higher price – all in milliseconds. "They are able to identify your desire to buy shares in Microsoft and buy them in front of you and sell them back to you at a higher price," Lewis told 60 Minutes. “The United States stock market, the most iconic market in global capitalism, is rigged.” The main thrust of Lewis’s new book is that high-frequency traders use their speed advantage in predatory ways that end up cheating market participants small and large.
Note: For more on financial corruption, see the deeply revealing reports from reliable major media sources available here.
In the last two weeks, the New York attorney general and the Commodities Futures Trading Commission in Washington have both launched investigations into high-frequency computerized stock trading that now controls more than half the market. The probes were announced just ahead of a much anticipated book on the subject by best-selling author Michael Lewis called Flash Boys. In it, Lewis argues that the stock market is now rigged to benefit a group of insiders that have made tens of billions of dollars exploiting computerized trading. The story is told through an unlikely cast of characters who figured out what was going on and have devised a plan to correct it. It could have a huge impact on Wall Street. Tonight, Michael Lewis talks about it for the first time. Steve Kroft: What's the headline here? Michael Lewis: Stock market's rigged. The United States stock market, the most iconic market in global capitalism is rigged. Steve Kroft: By whom? Michael Lewis: By a combination of these stock exchanges, the big Wall Street banks and high-frequency traders. Steve Kroft: Who are the victims? Michael Lewis: Everybody who has an investment in the stock market. If it wasn't complicated, it wouldn't be allowed to happen. The complexity disguises what is happening. If it's so complicated you can't understand it, then you can't question it. Steve Kroft: And this is all being done by computers? Michael Lewis: All being done by computers. It's too fast to be done by humans. Humans have been completely removed from the marketplace. The insiders are able to move faster than you.
Note: For an amazing story of greed and manipulation exposed on Wall Street, see the New York Times article on Flash Boys at this link.
Scientists have recently begun to investigate [whether] food can have as powerful an impact on the mind as it does on the body. Research exploring the link between diet and mental health “is a very new field; the first papers only came out a few years ago,” said Michael Berk, a professor of psychiatry at the Deakin University School of Medicine in Australia. “But the results are unusually consistent, and they show a link between diet quality and mental health.” “Diet quality” refers to the kinds of foods that people eat, how often they eat them and how much of them they eat. In several studies ... Berk and his collaborators have found lower rates of depression, anxiety and bipolar disorder among those who consumed a traditional diet of meat and vegetables than among people who followed a modern Western diet heavy with processed and fast foods or even a health-food diet of tofu and salads. “Traditional diets — the kinds of foods your grandmother would have recognized — have been associated with a lower risk of mental health issues,” Berk said. The association between diet and mental well-being may start even before birth. A 2013 study of more than 23,000 mothers and their children, led by Berk’s frequent collaborator and Deakin colleague Felice Jacka, suggests a link between a mother’s consumption of sweets and processed foods during pregnancy and behavioral and mental health issues in her child at age 5.
Note: For a treasure trove of great news articles which will inspire you to make a difference, 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.