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.
Twenty-five of the 100 highest-paid U.S. CEOs earned more last year than their companies paid in federal income tax, a pay study by a Washington think tank said [on August 31]. The Institute for Policy Studies said it also found many of the companies spent more on lobbying than they did on taxes. The institute compared CEO pay with current U.S. taxes paid, excluding foreign, state and local taxes that may have been paid, as well as deferred taxes, which can often be far larger than current taxes paid. The group's rationale was that U.S. taxes paid are the closest approximation in public documents to what companies may have actually written a check for last year. It said deferred taxes may or may not be paid. Among the companies topping the IPS list: •EBay, whose CEO John Donahoe made $12.4 million, but which reported a $131 million refund on its 2010 current U.S. taxes. •Boeing, which paid CEO Jim McNerney $13.8 million, sent in $13 million in federal income taxes and spent $20.8 million on lobbying and campaign spending. •General Electric, where CEO Jeff Immelt earned $15.2 million in 2010, while the company got a $3.3 billion federal refund and invested $41.8 million in its own lobbying and political campaigns.
Note: For lots more on corporate corruption from major media sources, click here.
The SEC has violated federal law by destroying the records of thousands of enforcement cases in which it decided not to file charges against or conduct full-blown investigations of Wall Street firms and others initially suspected of wrongdoing, a former agency official has alleged. The purged records involve major firms such as Goldman Sachs, Citigroup, Bank of America, Morgan Stanley and hedge-fund manager SAC Capital. At issue were suspicions of actions such as insider trading, financial fraud and market manipulation. A file closed in 2002 involved Lehman Brothers, the investment bank whose collapse fueled the financial meltdown of 2008, according to the former official. A file closed in 2009 involved suspected insider trading in securities related to American International Group, the insurance giant bailed out by the government at the height of the financial crisis. The allegations were leveled in a July letter to Sen. Charles E. Grassley (R-Iowa) from Gary J. Aguirre, a former SEC enforcement lawyer now representing a current SEC enforcement lawyer, Darcy Flynn. Flynn last year began managing SEC enforcement records and became concerned that records that were supposed to be preserved under federal law were being purged as a matter of SEC policy, Aguirre wrote.
Note: For more on this important news by Rolling Stone's Matt Taibbi, click here. For lots more from reliable sources on the criminal practices of Wall Street corporations which led to global economic recession and massive government bailouts, click here.
[The top counterterrorism adviser to President Clinton and Mr. Bush, Richard Clarke will] be featured in a documentary advancing [a] theory that the Central Intelligence Agency tried to turn two of the 9/11 hijackers into double agents while they resided in the United States in the years leading up to the attacks. During the 9/11 Commission's investigation of the attacks, the CIA said it didn't know the location of the hijackers Clarke refers to, Nawaf al-Hazmi and Khalid al-Mihdhar. In the documentary, Clarke ... concludes that the CIA director at the time, George Tenet, ordered the cover-up after the recruitment effort failed. In response to that accusation, Tenet released a written statement saying that Clarke has "suddenly invented baseless allegations which are belied by the record and unworthy of serious consideration."
Note: Richard Clarke is not the only highly-credible and respected former government official to question the official acount of 9/11. For the questions raised by many more, click here.
A dull-looking chart projected on the wall of a university office in Jerusalem displayed a revelation that would startle many readers of the Old Testament: The sacred text that people revered in the past was not the same one we study today. An ancient version of one book has an extra phrase. Another appears to have been revised to retroactively insert a prophecy after the events happened. Scholars in this out-of-the-way corner of the Hebrew University campus have been quietly at work for 53 years on one of the most ambitious projects attempted in biblical studies — publishing the authoritative edition of the Old Testament, also known as the Hebrew Bible, and tracking every single evolution of the text over centuries and millennia. The ongoing work of the academic detectives of the Bible Project, as their undertaking is known, shows that this text at the root of Judaism, Christianity and Islam was somewhat fluid for long periods of its history, and that its transmission through the ages was messier and more human than most of us imagine. The sheer volume of information makes the Bible Project's version "the most comprehensive critical edition of the Hebrew Bible in existence at the present time," said David Marcus, a Bible scholar at the Jewish Theological Seminary in New York, who is not involved with the project.
What does a NDE look and feel like? There are thousands upon thousands of descriptions, all of which show striking similarities between different people's experiences -- the white light, a tunnel, a life review and sense of peace -- so there does seem to exist a unifying thread throughout. Caroline Myss, a best-selling author and a speaker on spirituality and health, focuses on the first explanation. "A near-death experience is a phenomenon in which a person's physical body ceases to have any signs of life, and the soul detaches from the body and begins what could be called the journey into the afterlife. ... A long tunnel of light begins to appear. ... What's so phenomenal is that the descriptions [people] give, no matter what culture, no matter what background, match the ancient descriptions ... from various cultures. So if these experiences were in fact made up or hallucinatory, somebody did a very good job of getting that information out to multiple cultures at the same time." Dr. Jeffrey Long runs the Near Death Experience Research Foundation. He defines the physical conditions of someone having a NDE as "unconscious ... or actually clinically dead, with absent heartbeat and no spontaneous respiration. ... And yet when they shouldn't have any conscious remembering at this time, they do. ... While no two NDEs are the same, if you study large numbers of NDEs you see that very consistent pattern of elements."
Note: For deeply revealing reports from reliable major media sources on NDE's, click here. And watch a profound BBC documentary on near-death experiences which raises many questions.
Water out of air? A Texas man has invented a machine that does just that. The drought doesn't worry [inventor Terry LeBleu] because he has invented and patented a new machine. It's called the "Drought Master" and makes drinkable water out of air. "It pulls the air through it, pulls out the moisture, and exhausts the air," LeBleu says. Depending on humidity, the machine can make between five to seven gallons of pure water in one day. All you have to do is plug it in, and one gallon costs only 4 cents in electrical charges. An independent lab took samples of LeBleu's water and found it had no bacteria and is free of metals. Lab techs say it's similar to distilled water. Willie Nelson owns 50 of these machines, including an indoor version. Even Texas Governor Rick Perry owns one. But LeBleu wants his invention to benefit local farmers and ranchers. The machine is quieter than a refrigerator, and you only have to wash the filter every few years. Building one takes only two hours. The oldest model made is still up and running. It's been functioning for a decade.
Note: For a more detailed article, click here.
By some measures, the United States is even more deeply in hock than Greece. Greece’s debt-to-GDP ratio is 143%. America’s is officially 97%. But the $14.3 trillion national debt, stacked up against a $14.7 trillion economy, doesn’t tell the whole story. [It] doesn’t count the black box of bailouts. We know how much the Federal Reserve doled out in emergency loans: $16.1 trillion between Dec. 1, 2007, and July 21, 2010. We know that because yesterday the Government Accountability Office completed its first-ever audit of the Fed, made possible largely through the persistence of Rep. Ron Paul (R.-Tex.) making that audit, however incomplete, the law. What we don’t know is how much of that has been paid back. “We have literally injected about $5.3 trillion,” said Dr. Paul earlier this month during his questioning of Fed chief Ben Bernanke, “and I don’t think we got very much for it. The national debt went up $5.1 trillion.” Bernanke did not challenge those figures. Even now, Americans are turning to their credit cards to pay for groceries and gas. According to First Data Corp., the volume of gasoline purchases put on credit cards jumped 39% over the last 12 months. You don’t want to be the average American in a default scenario, whenever it arrives. Ray Dalio, the head of Bridgewater Associates, the world’s biggest hedge fund, puts that day in “late 2012 or early 2013.”
Note: A careful Internet search reveals that no one in the major media except this Forbes blog even mentioned the astonishing results of the first ever audit of the Federal reserve - $16 trillion in secret loans. To understand how the media is controlled from reporting vitally important information like this, click here. For another revealing article showing what is happening from a historical perspective and its relationship to gold prices, click here. For an article detailing who received these trillions and links to the official GAO report, click here. For critical information on the financial system kept hidden from the public, click here.
The Pentagon is asking scientists to figure out how to detect and counter propaganda on social media networks in the aftermath of Arab uprisings driven by Twitter and Facebook. The US military's high-tech research arm, the Defense Advanced Research Projects Agency (DARPA), has put out a request for experts to look at "a new science of social networks" that would attempt to get ahead of the curve of events unfolding on new media. The program's goal was to track "purposeful or deceptive messaging and misinformation" in social networks and to pursue "counter messaging of detected adversary influence operations," according to DARPA's request for proposals issued on July 14. The project echoes concerns among top military officers about the lightning pace of change in the Middle East, where social networks have served as an engine for protest against some longtime US allies. Some senior officers have spoken privately of the need to better track unrest revealed in social networks and to look for ways to shape outcomes in the Arab world through Twitter, Facebook or YouTube. Under the proposal, researchers would be expected to unearth and classify the "formation, development and spread of ideas and concepts (memes)" in social media. DARPA planned to spend $42 million (Ł25m) on the Social Media in Strategic Communication (SMISC) program, with prospective contractors asked to test algorithms through "experiments" with social media, it said.
Note: For key reports from reliable sources on new Pentagon strategies and technologies for waging war on foreign and domestic populations, click here.
British government officials approached nuclear companies to draw up a co-ordinated public relations strategy to play down the Fukushima nuclear accident just two days after the earthquake and tsunami in Japan and before the extent of the radiation leak was known. Internal emails seen by the Guardian show how the business and energy departments worked closely behind the scenes with the multinational companies EDF Energy, Areva and Westinghouse to try to ensure the accident did not derail their plans for a new generation of nuclear stations in the UK. "This has the potential to set the nuclear industry back globally," wrote one official at the Department for Business, Innovation and Skills (BIS), whose name has been redacted. "We need to ensure the anti-nuclear chaps and chapesses do not gain ground on this. We need to occupy the territory and hold it. We really need to show the safety of nuclear." Officials stressed the importance of preventing the incident from undermining public support for nuclear power. Louise Hutchins, a spokeswoman for Greenpeace, said the emails looked like "scandalous collusion". "This highlights the government's blind obsession with nuclear power and shows neither they, nor the industry, can be trusted when it comes to nuclear," she said.
Note: For lots more from reliable sources on government and corporate corruption, click here and here.
Federal regulators have been working closely with the nuclear power industry to keep the nation's aging reactors operating within safety standards by repeatedly weakening those standards, or simply failing to enforce them, an investigation by The Associated Press has found. Time after time, officials at the U.S. Nuclear Regulatory Commission have decided that original regulations were too strict, arguing that safety margins could be eased without peril. The result? Rising fears that these accommodations by the NRC are significantly undermining safety — and inching the reactors closer to an accident that could harm the public. Examples abound. When valves leaked, more leakage was allowed — up to 20 times the original limit. When rampant cracking caused radioactive leaks from steam generator tubing, an easier test of the tubes was devised, so plants could meet standards. Failed cables. Busted seals. Broken nozzles, clogged screens, cracked concrete, dented containers, corroded metals and rusty underground pipes — all of these and thousands of other problems linked to aging were uncovered. Not a single official body in government or industry has studied the overall frequency and potential impact on safety of such breakdowns in recent years, even as the NRC has extended the licenses of dozens of reactors.
Note: Read this detailed report in its entirety to see the amazing range of serious problems in the US nuclear industry which have systematically been covered up by the NRC. For lots more from reliable sources on government and corporate corruption, click here and here.
Why do we still go to war? We seem unable to stop. Britain's borders and British people have not been under serious threat for a generation. Yet time and again our leaders crave battle. Why? Last week we got a glimpse of an answer and it was not nice. The outgoing US defence secretary, Robert Gates, berated Europe's "failure of political will" in not maintaining defence spending. He said Nato had declined into a "two-tier alliance" between those willing to wage war and those "who specialise in 'soft' humanitarian, development, peacekeeping and talking tasks". Peace, he implied, is for wimps. Real men buy bombs, and drop them. Libya has cost Britain Ł100m so far, and rising. But Iraq and the Afghan war are costing America $3bn a week, and there is scarcely an industry, or a state, in the country that does not see some of this money. These wars show no signs of being ended, let alone won. But to the defence lobby what matters is the money. It sustains combat by constantly promising success and inducing politicians and journalists to see "more enemy dead", "a glimmer of hope" and "a corner about to be turned". Victory will come, but only if politicians spend more money on "a surge".
Note: For a very similar, classic analysis of war profiteering by famed US Marine Corps General Smedley Butler, click here.
Cellphones are “possibly carcinogenic” to humans, according to [an international panel of experts] organized by the World Health Organization. But an exhaustive, eight-day review of hundreds of studies concluded that the existing evidence is insufficient to know for sure. And because cellphones are so popular, further research is urgently needed, the experts said. “Possibly carcinogenic” is the WHO’s third-highest rating, falling below “carcinogenic” and “probably carcinogenic”. Other substances that the group has categorized as “possibly carcinogenic” include talcum powder, which has been possibly linked to ovarian cancer, and low-frequency magnetic fields, which are emitted by power lines and appliances and have been possibly associated with childhood leukemia. The cellphone classification marks a departure for the WHO, which previously said there were no risks from exposure to radio frequency electromagnetic fields emitted by the devices. “The conclusion means that there could be some risk, and, therefore, we need to keep a close watch for a link between cellphones and cancer risk,” said Jonathan M. Samet of the University of Southern California, who chaired the WHO’s International Agency for Research on Cancer panel.
Note: Remember how long it took for the evidence to surface that smoking causes cancer. Consider using a wired headset with your cellphone to decrease any cancer risk. Watch a Senate committee meeting on the risks and dangers of cell phones, including greatly increased brain cancer rates. For other safety suggestions, click here. For key articles on health issues from reliable sources, click here.
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.
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.