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.
Solar power may be cheaper than electricity generated by fossil fuels and nuclear reactors in three to five years because of innovations, said Mark M. Little, global research director for General Electric Co. “If we can get solar at 15 cents a kilowatt-hour or lower, which I’m hopeful that we will do, you’re going to have a lot of people that are going to want to have solar at home,’’ Little said. The 2009 average US retail rate per kilowatt-hour for electricity ranged from 6.1 cents in Wyoming to 18.1 cents in Connecticut, according to federal data. GE said in April that it had boosted the efficiency of thin-film solar panels to a record 12.8 percent. Improving efficiency, or the amount of sunlight converted to electricity, helps reduce costs. The panels will be made at a plant GE intends to open in 2013. Most solar panels use silicon-based photovoltaic cells. The thin-film versions, made of glass or other material coated with cadmium telluride or copper indium gallium selenide alloys, account for about 15 percent of the $28 billion in worldwide solar-panel sales. First Solar Inc. is the world’s largest producer of thin-film panels, with $2.6 billion in yearly revenue.
Note: For reliable reports on promising new energy technologies, click here.
The number of violent crimes in the United States dropped significantly last year, to what appeared to be the lowest rate in nearly 40 years, a development that was considered puzzling partly because it ran counter to the prevailing expectation that crime would increase during a recession. In all regions, the country appears to be safer. The odds of being murdered or robbed are now less than half of what they were in the early 1990s, when violent crime peaked in the United States. Small towns, especially, are seeing far fewer murders: In cities with populations under 10,000, the number plunged by more than 25 percent last year. Criminology experts said they were surprised and impressed by the national numbers, issued ... by the Federal Bureau of Investigation and based on data from more than 13,000 law-enforcement agencies. There was no immediate consensus to explain the drop. But some experts said the figures collided with theories about correlations between crime, unemployment and the number of people in prison. Take robbery: The nation has endured a devastating economic crisis, but robberies fell 9.5 percent last year, after dropping 8 percent the year before.
Note: See the U.S. Department of Justice statistics at this link for verification. Why isn't this exciting news making front page headlines? Could it be that the media and powers that be want us to be afraid?
After President Jacobo Arbenz was overthrown in a C.I.A.-backed coup in 1954, the Guatemalan government reversed his policies and branded him a Communist, all but erasing his brief presidency from history. Nearly six decades later, a democratic Guatemala has promised to restore his legacy and treat him as a statesman. In an agreement signed with Mr. Arbenz’s descendants last week, the government promised to revise the school curriculum and grant Mr. Arbenz the treatment afforded to historical heroes. It will name a main highway and a museum wing after the ousted president, prepare a biography of him, publish his widow’s memoir and mount an exhibition about him and his legacy in the National History Museum. The post office will even issue a series of stamps in his honor. After winning the presidency in a landslide election in 1950, Mr. Arbenz began an effort to modernize the economy, including a land-redistribution program that angered American corporations and the United States government. President Eisenhower, convinced that Mr. Arbenz was giving the Communists a foothold in the Americas, authorized a coup that ousted the Guatemalan president in nine days.
Note: Many are still not aware of the role of the US in overthrowing democratically-elected leaders like Guatemala's Arbenz. For a powerful documentary featuring five CIA whistleblowers, one of whom was directly involved in overthrowing Arbenz, only later to regret his actions, click here.
The latest sex-abuse case to rock the Catholic Church is unfolding in the archdiocese of an influential Italian Cardinal who has been working with Pope Benedict XVI on reforms to respond to prior scandals of pedophile priests. Father Riccardo Seppia, a 51-year-old parish priest in the village of Sastri Ponente, near Genoa, was arrested [on] May 13, on pedophilia and drug charges. Investigators say that in tapped mobile-phone conversations, Seppia asked a Moroccan drug dealer to arrange sexual encounters with young and vulnerable boys. "I do not want 16-year-old boys but younger. Fourteen-year-olds are O.K. Look for needy boys who have family issues," he allegedly said. Genoa Archbishop Angelo Bagnasco, who is the head of the Italian Bishops Conference, had been working with Benedict to establish a tough new worldwide policy, released this week, on how bishops should handle accusations of priestly sex abuse. According to investigators, Seppia told a friend — a former seminarian and barman who is currently under investigation — that the town's malls were the best places to entice minors. In tapped phone conversations the two cursed and swore against God. The priest is charged with having attempted to kiss and touch an underage altar boy and of having exchanged cocaine for sexual intercourse with boys over 18.
Note: It's not just the church. To learn how child sex trafficking reaches to the highest levels of government, watch the revealing Discovery Channel documentary "Conspiracy of Silence" at this link.
Goldman Sachs is bracing itself for what may be the most contentious annual meeting in the embattled investment bank's 142-year history. Angry shareholders, including a coalition of religious groups, are planning to call on Goldman's executives to justify the combined $69.6m (Ł42.4m) payday its top five executives received in 2010 and to answer questions about allegations that the bank misled clients and lied to Congress. The meeting comes amid mounting pressure on the bank. Earlier this week Eric Holder, the US attorney-general, confirmed that the justice department was investigating Goldman's role in the financial crisis following a withering report on the bank's role led by senators Carl Levin and Tom Coburn. The 650-page report "Wall Street and the Financial Crisis: Anatomy of a Financial Collapse," gave Goldman its own section titled "Failing to Manage Conflicts of Interest: A Case Study of Goldman Sachs." In July the bank paid $500m to settle charges brought by financial regulator the Securities and Exchange Commission (SEC) that it misled customers over complex sub-prime mortgage products it sold in 2007. The spotlight on executive pay could not come at a more sensitive moment for the bank. The bank's top five executives received cash and stock last year that was 13 times greater than the year before. Goldman's 2010 net revenues fell 13% and profits fell 37%. Goldman paid Blankfein close to $19m in compensation for 2010, almost double his award for the previous year.
Note: For lots more on the financial chicanery of Goldman Sachs and other major financial corporations that led to the global economic crisis and massive taxpayer bailouts of the firms, click here.
A Roman Catholic bishop pleaded guilty in Ottawa on [May 4] to possession of child pornography for importation. Bishop Raymond Lahey, ... who once led the Diocese of Antigonish, Nova Scotia, was charged after customs agents examined his laptop computer as he returned to Canada from an overseas trip in 2009. They found 588 graphic images of children, 33 videos and the texts of stories featuring the enslavement of children. Customs officials estimated that some boys in the photographs were only 8 years old. A month before his arrest, Bishop Lahey negotiated a $15 million settlement with people who had been sexually abused by priests in his diocese as far back as 1950. Bishop Lahey, who resigned his post in Antigonish, has been out on bail, but on Wednesday he asked to be jailed immediately. He faces one to 10 years in prison.
Note: The bishop who negotiated a settlement for children sexually abused by priests is caught with videos featuring the sexual enslavement of children. How high in the church do you think this might go? If you are willing to explore deeper into this matter through a Discovery Channel documentary that shows sexual enslavement of children going to the highest levels of government, click here.
As elated crowds celebrated the death of Osama bin Laden after Navy SEALs killed the al-Qaida chief in a weekend raid in Pakistan some are asking, "Where's the proof?" Photos depicting a bloodied and bruised face appearing to be that of bin Laden began appearing on Twitter and Facebook last night soon after news of his death spread across the Internet. According to Reuters, an archive photo of bin Laden at a news conference proves that image was a fake. Now people are asking to see the evidence proving bin Laden is dead. From Pakistan to the U.S. people expressed their skepticism about the death of the man who is perhaps the most infamous terrorist ever known. Officials said today they are "99.9 percent" certain that bin Laden was shot dead in Pakistan. They also cited CIA photo analysis matching physical features such as bin Laden's height. Rep. Mike Roger, chairman of the House Intelligence Committee, told the Associated Press that more than one DNA sample was used to identify Osama bin Laden. After Adolf Hitler's suicide in April 1945, conspiracy theories for years suggested Hitler was alive and in hiding. The Russian secret services came forward with a skull and jawbones. DNA results eventually showed the skull was that of a female.
Note: For two BBC reports suggesting that bin Laden may already have been dead, click here and here. Why would bin Laden's body be buried at sea? Could it be to prevent a proof of identity?
More than 700 leaked secret files on the Guantánamo detainees lay bare the inner workings of America's controversial prison camp in Cuba. The US military dossiers ... reveal how ... many prisoners were flown to the Guantánamo cages and held captive for years on the flimsiest grounds, or on the basis of lurid confessions extracted by maltreatment. The 759 Guantánamo files, classified "secret", cover almost every inmate since the camp was opened in 2002. More than two years after President Obama ordered the closure of the prison, 172 are still held there. The files depict a system often focused less on containing dangerous terrorists or enemy fighters, than on extracting intelligence. Among inmates who proved harmless were an 89-year-old Afghan villager, suffering from senile dementia, and a 14-year-old boy who had been an innocent kidnap victim. The documents also reveal: • US authorities listed the main Pakistani intelligence service, the Inter-Services Intelligence Directorate (ISI), as a terrorist organisation. • Almost 100 of the inmates who passed through Guantánamo are listed by their captors as having had depressive or psychotic illnesses. Many went on hunger strike or attempted suicide. • A number of British nationals and residents were held for years even though US authorities knew they were not Taliban or al-Qaida members.
Note: For many key reports on government secrecy from major media sources, click here.
Analysts who reviewed complex mortgage bonds that ultimately collapsed and ruined the U.S. housing market were threatened with firing if they lost lucrative business, prompting faulty ratings on trillions of dollars worth of junk mortgage bonds, a Senate report said [on April 13]. The 639-page report by the Senate Permanent Subcommittee on Investigations confirms much of what McClatchy Newspapers first reported about mismanagement by credit ratings agencies in 2009. Credit rating agencies are supposed to provide independent assessments on the quality of debt being issued by companies or governments. Traditionally, investments rated AAA had a probability of failure of less than 1 percent. But in collusion with Wall Street investment banks, the Senate report concludes, the top two ratings agencies - Moody's Investors Service and Standard & Poor's - effectively cashed in on the housing boom by ignoring mounting evidence of problems in the housing market. Profits at both companies soared, with revenues at market leader Moody's more than tripling in five years. Then the bottom fell out of the housing market, and Moody's stock lost 70 percent of its value; it has yet to fully recover. More than 90 percent of AAA ratings given in 2006 and 2007 to pools of mortgage-backed securities were downgraded to junk status.
Note: For many key reports from major media sources illuminating how major financial corporations knowingly brought about the global financial crisis and profited from it, click here.
Christy Mack, the wife of Morgan Stanley Chairman John Mack, and Susan Karches, the widow of the company's former investment-banking division president, Peter Karches, are among the chief investors in a company that received $220 million in low-interest loans. The funds came from a federal bailout program that "virtually guaranteed them millions in risk-free income," according to the article ... "The Real Housewives of Wall Street," which appears in [Rolling Stone]. In 2009, Christy Mack and Susan Karches launched Waterfall TALF Opportunity, a company with a Cayman Islands address, although the two women did not seem "to have any experience whatsoever in finance." TALF stands for "Term Asset-Backed Securities Loan Facility." The federal aid they received "falls under a broader category of bailout initiatives designed" by Federal Reserve chief Ben Bernanke and Treasury Secretary Timothy Geithner. With an initial upfront investment of $15 million, Waterfall TALF received $220 million in cash from the Fed, most of which it used to purchase "student loans and commercial mortgages." The loans were set up so that the investors "would keep 100% of any gains on the deal while the Fed and the Treasury (read: the taxpayer) would eat 90% of the losses."
Note: We don't usually quote the New York Daily News, but as they were the only major media to report this important story, we've included it here. Why are the major media silent on this powerful information uncovered by U.S. Senator Bernie Sanders? For the full story on this, click here. For lots more from reliable sources on corruption in the government bailouts of the biggest banks, click here.
For the well-off, this could be the best tax day since the early 1930s: Top tax rates on ordinary income, dividends, estates and gifts will remain at or near historically low levels for at least the next two years, thanks in part to federal legislation passed in December. The 400 U.S. taxpayers with the highest adjusted gross income paid income taxes at an actual, or “effective,” rate of just under 17 percent in 2007, down from almost 30 percent in 1995, according to the Internal Revenue Service. The effective rate for the 1.4 million people in the top 1 percent of taxpayers dropped to 23 percent the year before. That means the top 400 pay a lower rate than the next 1,399,600 or so. Much of the top 400´s income is from dividends and capital gains, generated by everything from appreciated real estate to stocks and the sale of family businesses. As Warren Buffett has said, since most of his income is from dividends, his tax rate is less than that of the people who clean his office.
Note: For lots more on government corruption from reliable sources, click here.
Confounding lawyers and legal scholars all over the world, Judge John Walker, first cousin of former President George W. Bush, was one of three judges of the 2nd Circuit Court of Appeals to hear argument [on April 5] in Gallop v. Cheney, Rumsfeld and Myers. The lawsuit was brought by a soldier injured during the attack on the Pentagon and accuses former Vice President Dick Cheney, former Secretary of Defense Donald Rumsfeld, and former Chairman of the Joint Chiefs of Staff, Richard Myers, of conspiring to facilitate the terrorist attacks of 9/11. The attacks killed 3000 Americans, plus many who have died from the toxic clean-up conditions at Ground Zero. Attorney William Veale, acting for April Gallop, learned of the assignment the usual 5 days before the argument, and filed a motion to disqualify Judge Walker. There was no prior decision regarding the motion, and when Veale asked about it in court the motion was denied by Judge Winter. Veale then requested a continuance to seek appellate review of the court's ruling but that was denied as well. Veale, amidst frequent interruptions from the three judges, managed to point out Cheney's direct involvement in tracking and dealing with the airplane that was heading for the Pentagon, as reported to the 9/11 Commission by then Secretary of Transportation Norman Mineta, a winner of the Presidential Medal of Freedom.
Note: For a description of this important court case brought by US soldier April Gallop, who was in the Pentagon where it was struck on 9/11 and whose account was suppressed by the FBI and has been brought to light by, among others, Jesse Ventura on his recent television program on the Pentagon, click here and here.
Do you know who really owns your mortgage? That question has become a nightmare for many homeowners since the invention of mortgage-backed securities. Yes, those were the exotic investments that sparked the financial collapse in this country. And they're still causing problems. As it turns out, Wall Street cut corners when it bundled homeowners' mortgages into securities that were traded from investor to investor. Now that banks are foreclosing on people, they're finding that the legal documents behind many mortgages are missing. So, what do the banks do? Some companies appear to be resorting to forgery and phony paperwork in what looks like a nationwide epidemic. Even if you're not at risk of foreclosure, there could be legal ramifications for a homeowner if the chain of title has been lost.
Note: Don't miss at the link above the most excellent, six-minute CBS video explaining more on this blatant deception and manipulation by many banks. You have to put up with a one-minute commercial shortly after the video starts. For lots more from reliable sources on the criminal practices of mortgage lenders, click here.
Scientists have created genetically modified cattle that produce "human" milk in a bid to make cows' milk more nutritious. The scientists have ... introduced human genes into 300 dairy cows to produce milk with [some of] the same properties as human breast milk. The scientists behind the research ... hope genetically modified dairy products from herds of similar cows could be sold in supermarkets. The research has the backing of a major biotechnology company. Genetically modified food has become a highly controversial subject and currently they can only be sold in the UK and Europe if they have passed extensive safety testing. The consumer response to GM food has also been highly negative, resulting in many supermarkets seeking to source products that are GM free. Helen Wallace, director of biotechnology monitoring group GeneWatch UK, said: "We have major concerns about this research to genetically modify cows with human genes. There are major welfare issues with genetically modified animals as you get high numbers of still births. There is a question about whether milk from these cows is going to be safe for humans and it is really hard to tell that unless you do large clinical trials like you would a drug, so there will be uncertainty about whether it could be harmful to some people. Ethically there are issues about mass producing animals in this way."
Note: For a powerful summary of the dangers of genetically modified foods, click here. And for other major media news articles exposing the serious risks and dangers of genetically modified foods, click here.
A consortium of U.S. organic farmers and seed dealers filed suit against global seed giant Monsanto Co. on [March 29], in a move to protect themselves from what they see as a growing threat in the company's arsenal of genetically modified crops. The Public Patent Foundation filed the suit on behalf of more than 50 organizations challenging the chemical giant's patents on its genetically modified seeds. The group is seeking a ruling that would prohibit Monsanto from suing the farmers or dealers if their organic seed becomes contaminated with Monsanto's patented biotech seed germplasm. Monsanto has filed scores of lawsuits and won judgments against farmers they claimed made use of their seed without paying required royalties. Many farmers have claimed that their fields were inadvertently contaminated without their knowledge, and the issue has been a topic of concern for not only farmers, but also companies that clean and handle seed. "This case asks whether Monsanto has the right to sue organic farmers for patent infringement if Monsanto's genetically modified seed should land on their property," said Dan Ravicher, executive director of PUBPAT. The suit also alleges that Monsanto's GMO seeds do more harm than good and claims the patents on genetically modified seed are invalid because they don't meet the "usefulness" requirement of patent law.
Note: For a powerful, quality documentary revealing the gross abuses of Monsanto which endanger public health, click here.
In one of the largest settlements in the Roman Catholic church's sweeping sex abuse scandal, an order of priests agreed [to] pay $166.1 million to hundreds of Native Americans and Alaska Natives who were abused at the order's schools in the northwestern U.S. The settlement between more than 450 victims and the Oregon Province of the Society of Jesus also calls for a written apology to the victims and disclosure of documents to them, including their personal medical records. "It's a day of reckoning and justice," said Clarita Vargas, 51, who said she and her two sisters were abused by the head of St. Mary's Mission and School, a former Jesuit-run Indian boarding school on the Colville Indian Reservation near Omak, Washington state, in the late 1960s and early 1970s. The abuse began when they were as young as 6 or 7, she said. The province ran village and reservation schools in Oregon, Washington state, Idaho, Montana and Alaska. The claims are from victims who were students at schools in all five states. Nearly all the victims are American Indian or Alaska Native. The province previously settled another 200 claims. Then the organization filed for bankruptcy in 2009, claiming the payments had depleted its treasury. But victims argued the province remained wealthy because it controls and owns Gonzaga University, Gonzaga Preparatory School, Seattle University and other schools and properties. Many of the abuses happened in remote villages and on reservations. The order was accused of using those areas as dumping grounds for problem priests.
Note: For more on sexual abuse scandals, see the deeply revealing reports from reliable major media sources available here.
General Electric, the nation’s largest corporation, had a very good year in 2010. The company reported worldwide profits of $14.2 billion, and said $5.1 billion of the total came from its operations in the United States. Its American tax bill? None. In fact, G.E. claimed a tax benefit of $3.2 billion. That may be hard to fathom for the millions of American business owners and households now preparing their own returns, but low taxes are nothing new for G.E. The company has been cutting the percentage of its American profits paid to the Internal Revenue Service for years, resulting in a far lower rate than at most multinational companies. Its extraordinary success is based on an aggressive strategy that mixes fierce lobbying for tax breaks and innovative accounting that enables it to concentrate its profits offshore. G.E.’s giant tax department, led by a bow-tied former Treasury official named John Samuels, is often referred to as the world’s best tax law firm. Indeed, the company’s slogan “Imagination at Work” fits this department well. The team includes former officials not just from the Treasury, but also from the I.R.S. and virtually all the tax-writing committees in Congress. While General Electric is one of the most skilled at reducing its tax burden, many other companies have become better at this as well.
Note: For key reports from major media sources on corporate and government corruption, click here and here.
Carlos Lam, a Republican activist and Indiana deputy prosecutor, has resigned amid revelations that he sent an email calling for a fake attack on Wisconsin Governor Scott Walker designed to discredit union protesters. Walker, a Republican, was the target of protests for his efforts to roll back many union collective bargaining rights in his state. In a Feb. 19 email uncovered by the Wisconsin Center for Investigative Journalism, Lam apparently told Walker he had a "good opportunity" to win public sympathy with a "'false flag' operation." "If you could employ an associate who pretends to be sympathetic to the unions' cause to physically attack you (or even use a firearm against you), you could discredit the unions," read the email. Lam initially denied having sent the email. He [claimed] he had been shopping for a minivan with his family when it was sent, and suggested his email account had been infiltrated by his political enemies. Lam resigned as deputy prosecutor on Thursday morning, however, reportedly telling his boss he had indeed sent the email. Last month, another Indiana official -- Deputy Attorney General Jeff Cox - lost his job for calling on law enforcement to "use live ammunition" on Wisconsin protesters. Also in February, Walker was the victim of a prank call by a liberal journalist pretending to be billionaire conservative activist David Koch. When the journalist suggested planting people among the protesters to stir up trouble, Walker responded that "we thought about that" but added that he had decided against it.
Note: To learn more about the prevalence of "false flag" operations in politics with links to reliable, verifiable sources, click here. For more on this official's call for a false-flag attack, click here.
A few weeks before the tsunami struck Fukushima’s uranium reactors and shattered public faith in nuclear power, China revealed that it was launching a rival technology to build a safer, cleaner, and ultimately cheaper network of reactors based on thorium. China’s Academy of Sciences said it had chosen a “thorium-based molten salt reactor system”. The liquid fuel idea was pioneered by US physicists at Oak Ridge National Lab in the 1960s. Chinese scientists claim that hazardous waste will be a thousand times less than with uranium. The system is inherently less prone to disaster. “The reactor has an amazing safety feature,” said Kirk Sorensen, a former NASA engineer at Teledyne Brown and a thorium expert. “If it begins to overheat, a little plug melts and the salts drain into a pan. There is no need for computers, or the sort of electrical pumps that were crippled by the tsunami. The reactor saves itself,” he said. US physicists in the late 1940s explored thorium fuel for power. It has a higher neutron yield than uranium, a better fission rating, longer fuel cycles, and does not require the extra cost of isotope separation. The plans were shelved because thorium does not produce plutonium for bombs. As a happy bonus, it can burn up plutonium and toxic waste from old reactors, reducing radio-toxicity and acting as an eco-cleaner.
Note: For a 30-minute documentary on the powerful potential of thorium as an energy source, click here. For many reports from reliable sources on promising new energy technologies, click here.
In the past six months, the value of [silver] has increased nearly 80 percent, to more than $34 an ounce. [This] is reminiscent of ... the Hunt Brothers. When the Hunts started buying silver in 1973, the price of the metal was $1.95 an ounce. By early 1980, the brothers had driven the price up to $54 an ounce before the Federal Reserve intervened, changed the rules on speculative silver investments and the price plunged. When JPMorgan Chase bought Bear Stearns in March 2008, it inherited Bear Stearns’ large bet that the price of silver would fall. The international bank HSBC got into the market heavily on the bear side as well. These actions “artificially depressed the price of silver dramatically downward,” according to a class-action lawsuit ... filed against both banks in November. “The conspiracy and scheme was enormously successful, netting the defendants substantial illegal profits” in the billions of dollars between June 2008 and March 2010, according to the suit. In November 2009, [Andrew Maguire] ... a former employee of Goldman Sachs and a 40-year industry veteran, [related] tales of how the silver traders at JPMorgan were bragging about all the money they were making “as a result of the manipulation,” which entailed “flooding the market” with “short positions” every time the price of silver started to creep upward. In March 2010, Maguire released his e-mails publicly. Then came the cloak and dagger element: [On March 26th] Maguire was involved in a bizarre car accident in London. The Commodity Futures Trading Commission’s investigation is still unresolved, and at least one commissioner — Bart Chilton — after interviewing more than 32 people and reviewing more than 40,000 documents, [says] there has been enough investigating and not enough prosecuting. Chilton said ... that “one participant” in the silver market still controlled 35 percent of the silver market.
Note: Gold and silver have been intensely manipulated for many years. The price of gold has risen 500% in the last 10 years, while silver prices have rocketed 700% in the last eight years. Yet the media consistently underreports this amazing news. Few media gave more than a passing mention to gold passing the $1,000 mark in 2008, which was a historic event. Read the full article to understand this important topic. For lots more quality information on this from a former US assistant secretary for HUD, 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.