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.
I've come to believe in [NFL star] Tim Tebow for what he does off a football field, which is represent the best parts of us, the parts I want to be and so rarely am. Who among us is this selfless? Every week, Tebow picks out someone who is suffering, or who is dying, or who is injured. He flies these people and their families to the Broncos game, rents them a car, puts them up in a nice hotel, buys them dinner (usually at a Dave & Buster's), gets them and their families pregame passes, visits with them just before kickoff (!), gets them 30-yard-line tickets down low, visits with them after the game (sometimes for an hour), has them walk him to his car, and sends them off with a basket of gifts. Home or road, win or lose, hero or goat. This whole thing makes no football sense, of course. Most NFL players hardly talk to teammates before a game, much less visit with the sick and dying. Isn't that a huge distraction? "Just the opposite," Tebow says. "It's by far the best thing I do to get myself ready. Here you are, about to play a game that the world says is the most important thing in the world. Win and they praise you. Lose and they crush you. And here I have a chance to talk to the coolest, most courageous people. It puts it all into perspective. The game doesn't really matter. I mean, I'll give 100 percent of my heart to win it, but in the end, the thing I most want to do is not win championships or make a lot of money, it's to invest in people's lives, to make a difference."
The FBI’s Joint Terrorism Task Force has recommended for many years that animal activists who carry out undercover investigations on farms could be prosecuted as domestic terrorists. New documents obtained through a Freedom of Information Act request by activist Ryan Shapiro show the FBI advising that activists – including Shapiro – who walked onto a farm, videotaped animals there and “rescued” an animal had violated terrorism statutes. The documents ... were issued by the Joint Terrorism Task Force in 2003 in response to an article in an animal rights publication in which Shapiro and two other activists (whose names were redacted from the document), openly claimed responsibility for shooting video and taking animals from a farm. The FBI notes discuss the videotaping, illegal entry and the removal of animals, then concludes with “there is a reasonable indication that [Subject 1] and other members of the [redacted] have violated the Animal Enterprise Terrorism Act, 18 USC Section 43 (a).” The penalties for such a conviction can include terrorism enhancements which can add decades to a sentence. “It’s simply outrageous to consider civil disobedience as terrorism,” Shapiro [said]. “Civil disobedience is not terrorism. It has a long and proud place in our nation’s history, from Martin Luther King to Occupy Wall Street, and the [Animal Enterprise Terrorism Act] takes that kind of advocacy that we celebrate from the civil rights movement and turns it into a terrorist event.”
Note: As the Animal Enterprise Terrorism Act shows, the animal experimentation lobby has demonstrated its considerable clout by getting Congress to pass legislation making principled demonstrations against animal torture and killing into a form of "terrorism". Do you think that Wall Street might lobby for a similar law making "terrorists" out of Occupiers?
A deadly strain of bird flu with the potential to infect and kill millions of people has been created in a laboratory by European scientists – who now want to publish full details of how they did it. Some scientists are questioning whether the research should ever have been undertaken in a university laboratory, instead of at a military facility. For the first time the researchers have been able to mutate the H5N1 strain of avian influenza so that it can be transmitted easily through the air in coughs and sneezes. Until now, it was thought that H5N1 bird flu could only be transmitted between humans via very close physical contact. Dutch scientists carried out the controversial research to discover how easy it was to genetically mutate H5N1 into a highly infectious "airborne" strain of human flu. They believe that the knowledge gained will be vital for the development of new vaccines and drugs. But critics say the scientists have endangered the world by creating a highly dangerous form of flu which could escape from the laboratory. The H5N1 strain of avian influenza has killed hundreds of millions of birds since it first appeared in 1996, but has so far infected only about 600 people who came into direct contact with infected poultry. What makes H5N1 so dangerous, though, is that it has killed about 60 per cent of those it has infected, making it one of the most lethal known forms of influenza in modern history – a deadliness moderated only by its inability (so far) to spread easily through airborne water droplets.
Note: For key major media reports revealing manipulation around both the avian and swine flus, click here. For solid evidence that Lyme disease originated in a secret government germ laboratory, click here.
Wall Street is its own worst enemy. It's busily shredding new regulations and making the public more distrustful than ever. The Street's biggest lobbying groups have just filed a lawsuit against the Commodities Futures Trading Commission, seeking to overturn its new rule limiting speculative trading in food, oil and other commodities. The Street makes bundles from these bets, but they have raised costs for consumers. In other words, a small portion of what you and I pay for food and energy has been going into the pockets of Wall Street. Just another redistribution from the middle class and the poor to the top. The Street argues that the commission's cost-benefit analysis wasn't adequate. Putting the question into the laps of federal judges gives the Street a huge tactical advantage because the Street has almost an infinite amount of money to hire so-called "experts" who will say benefits have been exaggerated and costs underestimated. But when it comes to regulating Wall Street, one big cost doesn't make it into any individual weighing: the public's mounting distrust of the entire economic system, generated by the Street's repeated abuse of the public's trust. Wall Street's shenanigans have convinced a large portion of America that the economic game is rigged. Wall Street has blanketed America in a miasma of cynicism.
Note: The author of this analysis, Robert Reich, is a former U.S. secretary of labor, is professor of public policy at UC Berkeley and the author of Aftershock: The Next Economy and America's Future. He blogs at www.robertreich.org.
Regulators and the world's $700 trillion derivatives industry are closely watching a legal battle that began in Britain ... and which will fuel a sea change in swaps payouts. Four cases, including one involving a unit of collapsed U.S. bank Lehman Brothers, are being presented in a five-day hearing at the UK Court of Appeal. All revolve around payouts under the derivatives industry's "master agreement", a framework contract. A bank that trades swaps with another bank typically has one master agreement which sets the terms for millions of transactions between them. The master agreement ... covers around 90 percent of off-exchange derivatives transactions. Under the agreement, Lehman's bankruptcy is considered a default. However, in the four cases before the court this week, the other party in the contracts elected not to terminate them because they would have had to pay out to the defunct bank.
Note: Like most reporting in the major media, this article trivializes the massive size of the derivatives market. $700 trillion is equivalent to $100,000 for every man, woman, and child in the world! Do you think the financial industry is out of control? For lots more powerful, reliable information on major banking manipulations, click here. For a powerful analysis of just how crazy things have gotten and with some rays of hope by researcher David Wilcock, click here.
The ascension of Mario Monti to the Italian prime ministership is remarkable for more reasons than it is possible to count. By imposing rule by unelected technocrats, [Italy] has suspended the normal rules of democracy, and maybe democracy itself. And by putting a senior adviser at Goldman Sachs in charge of a Western nation, it has taken to new heights the political power of an investment bank that you might have thought was prohibitively politically toxic. The European Central Bank ... is under ex-Goldman management, and the investment bank's alumni hold sway in the corridors of power in almost every European nation, as they have done in the US throughout the financial crisis. Even before the upheaval in Italy, there was no sign of Goldman Sachs living down its nickname as "the Vampire Squid", and now that its tentacles reach to the top of the eurozone, sceptical voices are raising questions over its influence. Simon Johnson, the former International Monetary Fund economist, in his book 13 Bankers: The Wall Street Takeover and the Next Financial Meltdown, argued that Goldman Sachs and the other large banks had become so close to government in the run-up to the financial crisis that the US was effectively an oligarchy. At least European politicians aren't "bought and paid for" by corporations, as in the US, he says. "Instead what you have in Europe is a shared world-view among the policy elite and the bankers, a shared set of goals and mutual reinforcement of illusions." This is The Goldman Sachs Project. Put simply, it is to hug governments close.
Note: For revealing major media articles on key secret societies which manipulate global politics, click here. For deeply revealing reports from reliable major media sources on financial corruption, click here.
Washington, D.C. is a town that runs on inside information - but should our elected officials be able to use that information to pad their own pockets? Members of Congress and their aides have regular access to powerful political intelligence, and many have made well-timed stock market trades in the very industries they regulate. For now, the practice is perfectly legal, but some say it's time for the law to change. Few of them are doing it for the salary and all of them will say they are doing it to serve the public. But there are other benefits: Power, prestige, and the opportunity to become a Washington insider with access to information and connections that no one else has, in an environment of privilege where rules that govern the rest of the country, don't always apply to them. Most former congressmen and senators manage to leave Washington - if they ever leave Washington - with more money in their pockets than they had when they arrived. Congressional lawmakers have no corporate responsibilities and have long been considered exempt from insider trading laws, even though they have daily access to non-public information and plenty of opportunities to trade on it.
Note: According to a New York Times article, U.S. "Senators' stocks beat the market by 12 percent," while "the average household's portfolio underperformed the market by 1.44 per cent a year." To watch this revealing 15-minute piece on CBS 60 Minutes, click here. For key reports from reliable sources on government corruption, click here.
The White House is suggesting that President Obama hasn’t damaged his relationship with Israeli Prime Minister Benjamin Netanyahu, following an embarrassing moment in France last week when he was overheard making dismissive remarks about the Israeli leader. As fallout from the episode mounts, the White House had been saying little about the exchange between Obama and his French counterpart, Nicolas Sarkozy, at the G20 summit in Cannes. The two men were speaking in private, apparently unaware that their microphones were still on. “I can’t stand to see him anymore, he’s a liar,’’ Sarkozy told Obama, according to a French translation of the exchange. “You are fed up with him, but me, I have to deal with him every day,’’ Obama replied. Briefing reporters at the White House on Wednesday, Ben Rhodes, a spokesman for the National Security Council, took a question about the flap. Obama “has a very close working relationship with Prime Minister Netanyahu,’’ Rhodes said. “They speak very regularly.’’ Indeed, Rhodes said, Obama has “probably spent more time one on one’’ with Netanyahu than with any other world leader. Most of what happens at international summit meetings is off limits to the public. So the Obama-Sarkozy exchange is being treated as a rare window into the unvarnished thinking of two world leaders.
Note: For more on this story from the BBC, click here.
As a result of Bank Transfer Day, in which consumers were encouraged to switch to credit unions, 54 percent of credit unions reported an increase in share growth, according to a survey from the National Association of Federal Credit Unions sent to 10,000 respondents. At least 650,000 people have switched to credit unions since Sept. 29, according to the Credit Union National Association. About 80 percent of credit unions offer at least one free checking account with no minimum balance requirement and no monthly or activity fee, according to Moebs Services. About 64 percent of the largest U.S. banks offer the same. Credit unions can help consumers save money because they are non-profit, and can pay higher interest rates on savings accounts, and offer lower loan and credit card rates. The National Association of Federal Credit Unions ... has a web tool that allows people to search by address, credit union name or company/affiliation. The site had the highest traffic ever on Saturday, Bank Transfer Day. In October visits to the website were more than five times its monthly average. Visitors to the website last month increased by more than 700 percent compared to October 2010.
Note: To find a good credit union near you, click here. For key reports from reliable sources showing that the biggest banks have too much power, click here and here.
A self-described "caravan of criminal mothers" defied federal law [on November 1] by transporting raw milk across state lines from a Pennsylvania farm and drinking it in front of the Food and Drug Administration headquarters in Maryland. "It's totally natural for me as a parent to want to feed my children good food that makes them healthy," said Liz Reitzig, 31, a mother of five in Bowie, Md., who organized the protest. "In this case that is fresh, clean, raw milk from farmers we know and trust. The idea that we become criminals for engaging in that transaction is what is so appalling." The protesters, numbering about 100, ... drove in from as far away as Illinois and Kentucky to denounce government tyranny, corporate cabals and the "agricultural-industrial complex," promising more protests and civil disobedience. The FDA considers it "perfectly safe to feed your kids Mountain Dew, Twinkies and Cocoa Puffs, but it's unsafe to feed them raw milk, compost-grown tomatoes and Aunt Matilda's pickles," said Joel Salatin, the Virginia farmer made famous by the documentary "Food, Inc.," who joined the protesters. The protest sprang from an FDA sting operation on Amish farmer Dan Allgyer's tiny dairy of three dozen cows in Kinzer, Pa., that culminated in a predawn raid on the farm last year. Allgyer had been selling milk to consumers in Maryland who had formed a buying club. None of Allgyer's milk was contaminated. His alleged crime was selling it across state lines.
Note: For a great video of the raw milk freedom riders, click here. For key reports from reliable sources on government attacks on civil liberties, click here.
The income of the richest 1 percent in the U.S. soared 275 percent from 1979 to 2007, but the bottom 20 percent grew by just 18 percent, new government data shows. The Congressional Budget Office (CBO) released a study this week that compared real after-tax household income between 1979 and 2007, which were both after recessions and had similar overall economic activity. While the income of the richest 1 percent nearly tripled, increases were smaller down the economic ladder. After the 1 percent, income for the next highest 20 percent grew by 65 percent, much faster than it did for the remaining 80 percent of the population but still lagging well behind the top percentile. The changes illustrate how the better off have captured the bulk of income gains over the past three decades. The top quintile has seen its share of income rise while the other four quintiles have suffered declines in their shares, according to John Bowler, director of country risk service with the Economist Intelligence Unit. The role of globalization, he added, is "controversial." "Even some policymakers who would traditionally be in the free trade camp are now questioning the benefits of globalization to the middle and lower-income U.S. households, even if they have benefited from cheaper imported manufactured goods," he said.
Note: For key reports on income inequality from reliable sources, click here.
Three Massachusetts State Police officers once staked out organized-crime chief Whitey Bulger for months, all the while not knowing that he was an FBI informant who was tipped to their surveillance. James “Whitey” Bulger, now 82, is the Al Capone of Boston. A fugitive since 1995 who seemed untouchable, he is also compared to the “Teflon Don” of New York, John Gotti. His brother, Billy Bulger, was once the most powerful political figure in Massachusetts. "Whitey" was an FBI informant for decades while ruling the Irish organized-crime world. He made millions from rackets and drugs and committed an untold number of murders to keep his empire safe. On June 22, he was arrested in Santa Monica, California. The seizure of weapons and more than $800,000 in cash was no surprise. Recently, I spoke with three of the best—Bob Long, Rick Fraelick, and Jack O’Malley. Intrepid Bob Long was in charge. Bob Long says that if Bulger and Flemmi had not been protected by the FBI, “then ... nine murders would have never taken place. Long said he believes that Agents Morris and Connolly identified more than a dozen individuals to Bulger and Flemmi as FBI informants or could-be FBI informants and all of those people were killed. Connolly is now in prison; Morris received a grant of immunity for testimony.
Note: For lots more from major media sources on government corruption, click here.
Bank of America Corp., hit by a credit downgrade last month, has moved derivatives from its Merrill Lynch unit to a subsidiary flush with insured deposits. Derivatives are financial instruments used to hedge risks or for speculation. They’re derived from stocks, bonds, loans, currencies and commodities, or linked to specific events such as changes in the weather or interest rates. Keeping such deals separate from FDIC-insured savings has been a cornerstone of U.S. regulation for decades, including last year’s Dodd-Frank overhaul of Wall Street regulation. Three years after taxpayers rescued some of the biggest U.S. lenders, regulators are grappling with how to protect FDIC-insured bank accounts from risks generated by investment-banking operations. “The concern is that there is always an enormous temptation to dump the losers on the insured institution,” said William Black, professor of economics and law at the University of Missouri-Kansas City and a former bank regulator. “We should have fairly tight restrictions on that.” Bank of America’s holding company -- the parent of both the retail bank and the Merrill Lynch securities unit -- held almost $75 trillion of derivatives at the end of June. That compares with JPMorgan’s deposit-taking entity, JPMorgan Chase Bank NA, which contained 99 percent of the New York-based firm’s $79 trillion of notional derivatives.
Note: Remember that the GDP of the entire world is estimated at around $60 trillion, less than JPMorgan or BofA own in derivatives. For an excellent article laying out the incredible risk this creates of a major economic collapse, click here. For more on the high risk and cost to taxpayers of BofA moving its massive amount of derivatives to its subsidiary, click here. For lots more from major media sources on the illegal profiteering of major financial corporations enabled by lax government regulation, click here.
The big number is 50. When companies can produce solar photovoltaic modules for less than 50˘ per watt, solar energy will be able to compete directly with coal. Right now, the cheapest solar cells are being produced for as little as 70˘ per watt. They are selling for about $1.26 per watt, with prices expected to drop to $1.17 next year. Most anticipate they they will hit 50˘ per watt within four or five years. As prices fall, demand is growing. Total solar installations in the second quarter [of 2011] grew by 69 percent over the same period in 2010. The number of Americans working in the solar industry more than doubled, to 100,000, from 2009 to 2011. That’s considerably more than the 80,600 coal miners working in the U.S. Behind the price drops are cheaper manufacturing costs, lower costs for such crucial raw materials as silicon, and rapidly improving technology. Dozens of startups in the U.S. have potentially transformative ideas. The question is which can come out on top. The wide variety of companies developing competing technologies to capture and distribute solar power underscores the market’s immaturity. Currently, researchers are experimenting with materials ranging from silicon to gallium arsenide to cadmium telluride, basing cost projections on disparate technologies that create solar cells. The goal is to build one that competes without government subsidies.
Note: For lots more from reliable sources on developments in alternative energy technologies, click here.
The Defense Department, which has promised to publish a reliable account of how it spends its money by 2017, has discovered that its financial ledgers are in worse shape than expected and that it will have to spend billions of dollars in the coming years to make its financial accounting credible, the Center for Public Integrity reported [on October 13]. The U.S. military has spent more than $6 billion to develop and deploy new financial systems, but the effort has been plagued by significant added overruns and delays, defense officials told the CPI, a nonprofit investigative news organization. The Government Accountability Office said in a report last month that although the services can now fully track incoming appropriations, they still can't demonstrate that their funds are being spent as they should be. The Pentagon’s bookkeeping has come under increased scrutiny as Congress and the Obama administration have vowed to reduce the federal deficit. The department could face substantial cutbacks if a special bipartisan "supercommittee" can’t agree on a formula for reducing the deficit.
Note: For an essay by a top U.S. general revealing how wars are used to bring huge profits to the powerful elite of our world, click here. For lots more from reliable sources on government corruption, click here.
The first vaccine against human papillomavirus, or HPV, which causes cervical cancer, came out five years ago. It has become a hot political topic. Behind the political fireworks is a quieter backlash against a public health strategy that has won powerful advocates in the medical and public health community. Many find the public health case for HPV vaccination compelling. But Dr. Diane Harper, a professor at the University of Missouri-Kansas City School of Medicine, says the vaccine is being way oversold. That's pretty striking, because Harper worked on studies that got the vaccines approved. And she has accepted grants from the manufacturers, although she says she doesn't any longer. Harper changed her mind when the vaccine makers started lobbying state legislatures to require schoolkids to get vaccinated. "Ninety-five percent of women who are infected with HPV never, ever get cervical cancer," she says. "It seemed very odd to be mandating something for which 95 percent of infections never amount to anything. Pap smear screening is far and away the biggest thing a woman can do to protect herself, to prevent cervical cancer," she says. Apart from the comparative advantages of vaccine versus Pap smears, Harper has another objection to mandating early vaccination at this point. She points out that studies so far show the vaccines protect for four or five years. Young women may need a booster shot later. As it stands now, Harper says, vaccinating an 11-year-old girl might not protect her when she needs it most - in her most sexually active years.
Note: Read a more recent article on why the Gardasil vaccine may not be a wise choice. Merck, the company behind Gardasil, had to suspend a questionable lobbying campaign to make vaccination by this costly drug mandatory back in 2007. For more along these lines, see concise summaries of deeply revealing vaccine controversy news articles from reliable major media sources.
Following 9/11, reports of hate crimes against Arab-Americans, or those perceived to be, went up 1,700 percent. While distrust and ignorance toward American Muslims remains a reality today, we found the opposite in one Tennessee community. On one recent Sunday morning in Cordova, Pastor Steve Stone was rocking along with his congregation, clapping and singing along with the choir. Heartsong Church, just outside Memphis, sits on a rural road - directly across the street from a Muslim worship center. When Dr. Bashar Shala, co-founder of the Memphis Islamic Center, or MIC, began construction two years ago, at best, he hoped to be ignored. Instead, Stone welcomed the Muslims with a surprise - a sign welcoming MIC to the neighborhood. When they saw the sign, Shala said, "We knew that we have good neighbors." Acting on the biblical phrase "love thy neighbor," the two sides forged a friendship that's now expanded to plans for building a park with land from both sides of the road, connected by a bridge or a tunnel, and to interfaith events, such as a joint Labor Day party. One church member, Lee Raines, looking at tables with Muslims and Christians together, called it "awesome." Stone and Shala say they hope others will practice being good neighbors as they do. Not only have they fed the homeless and organized food drives together, this Sunday, on the 9/11 anniversary, they're hosting a joint blood drive.
Note: Watch a wonderfully inspiring, three-minute video on this unusual friendship.
The American banking sector apparently is going to be vastly different when it finally emerges from the financial crisis that took hold more than three years ago. It is going to be significantly smaller, and the domination of a relative handful of behemoth institutions is going to increase. At the end of June, there were 7,522 commercial banks, down from 8,542 on Dec. 31, 2007. That is a decline of nearly 12 percent in just three and a half years. Of the more than 1,000 banks that disappeared, about 370 failed. But the rest of the decrease came through mergers and acquisitions as a decades-long pattern of consolidation continued. Most banks in the United States still are fairly small. The median size of a bank at the end of June, according to an analysis of statistics from the Federal Deposit Insurance Corp. was about $155 million in assets. That’s about an 18 percent increase since the end of 2007. But those numbers seriously skew the nature of the industry. Of the more than $13.6 trillion in assets held by banks at the end of June, nearly $9.4 trillion is in the hands of just 37 institutions, each with more than $50 billion in assets. And of that, $5.5 trillion is held by just four banks: JPMorgan Chase, Bank of America, Citibank and Wells Fargo. Each of those have more than $1 trillion in assets. In other words, the U.S. banking industry resembles a tall cake, with a very thick layer of icing on top.
Note: To learn how these same four banks and their holding companies hold over 90% of the $700 trillion derivatives market, click here. For many revealing reports from reliable sources on the concentration and centralization of financial power by a few megabanks, click here.
The Sept. 11 attacks triggered a revolution in U.S. spycraft as the intelligence services shattered a longstanding taboo by launching an expansive program of targeted killings by remote control. The greatest shift both in tactics and mindset has been the embrace of the pilotless, hunter-killer aircraft known as drones. The CIA, which doesn't formally acknowledge the covert program, has killed about 2,000 militants with drones, U.S. officials say, most in the past two years as President Barack Obama's national security team aggressively expanded the program. In 2010, the number of drone strikes more than doubled, to 114, and this year, drone campaigns are expanding. The CIA now plans flights in Yemen, and the military is using drones to kill militants in Somalia. Legal challenges to the drone program have secured little traction. The main debate inside the government has been over how to execute the campaign without irreversibly damaging Pakistani cooperation. American citizens can be targets, too. Under the legal authority for the drone program, the CIA must consult the National Security Council before capturing an American posing an imminent threat, but no additional consultation is required to kill an American, a former senior intelligence official said. "The reason there hasn't been more of an outcry about it is, it's the Obama administration defending this authority," said the American Civil Liberties Union's Jameel Jaffer.
Note: For lots more on the illegal methods employed by the CIA and Pentagon in its "endless war", click here.
It was early afternoon on Friday, Aug. 17, 2001. Special Agent Harry Samit of the FBI’s Minneapolis field office [sat] across from ... Zacarias Moussaoui, a 33-year-old French-born student arrested the day before for overstaying his visa. Samit, a former intelligence officer at the Navy’s celebrated Top Gun flight school, felt sure the man across the desk from him was a Muslim extremist who was part of a plot to hijack a commercial jetliner filled with passengers. That same day [at] FBI headquarters ... in Washington, counterterrorism supervisors were treating Samit’s first reports about Moussaoui with skepticism, even contempt. New disclosures about Samit’s story suggest that FBI agents in Minneapolis were much closer to unraveling the 9/11 plot than previously known. The officials directly involved in the case were denied access to a key internal memo —- prepared for outgoing FBI Director Louis Freeh —- that could have allowed the Minneapolis field office to connect the dots and possibly preempt the attacks. Their efforts were thwarted by a group of arrogant, slow-moving supervisors at FBI headquarters. There is no clear reference to the Freeh memo in the 9/11 commission’s report.
Note: For questions raised about the official story of 9/11 by hundreds of highly-respected citizens from all walks of life, click here and 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.