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News Articles
Excerpts of Key News Articles in Major Media


Below are key excerpts of little-known, yet highly revealing news articles from the media. Links are provided to the full news articles for verification. If any link fails to function, read this webpage. These articles are listed by order of importance. You can also explore these articles listed by order of the date of the news article or by the date posted. By choosing to educate ourselves, we can build a brighter future.

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.


Growing Number of Prosecutions for Videotaping the Police
2010-07-19, ABC News
http://abcnews.go.com/US/TheLaw/videotaping-cops-arrest/story?id=11179076

It wasn't his daredevil stunt [on his motorcycle] that has [Anthony Graber] facing the possibility of 16 years in prison. For that, he was issued a speeding ticket. It was the video that Graber posted on YouTube one week later -- taken with his helmet camera -- of a plainclothes state trooper cutting him off and drawing a gun during the traffic stop near Baltimore. In early April, state police officers raided Graber's parents' home in Abingdon, Md. They confiscated his camera, computers and external hard drives. Graber was indicted for allegedly violating state wiretap laws by recording the trooper without his consent. Arrests such as Graber's are becoming more common along with the proliferation of portable video cameras and cell-phone recorders. Videos of alleged police misconduct have become hot items on the Internet. YouTube still features Graber's encounter along with numerous other witness videos. "The message is clearly, 'Don't criticize the police,'" said David Rocah, an attorney for the American Civil Liberties Union of Maryland who is part of Graber's defense team. "With these charges, anyone who would even think to record the police is now justifiably in fear that they will also be criminally charged." Carlos Miller, a Miami journalist who runs the blog "Photography Is Not a Crime," said he has documented about 10 arrests since he started keeping track in 2007. Miller himself has been arrested twice for photographing the police.

Note: To our knowledge, no one has ever been prosecuted for videotaping police doing good things, which they often do, yet many have been arrested for catching police doing bad things. Where's the justice here?


Diabetes Drug Maker Hid Test Data, Files Indicate
2010-07-13, New York Times
http://www.nytimes.com/2010/07/13/health/policy/13avandia.html

In the fall of 1999, the drug giant SmithKline Beecham secretly began a study to find out if its diabetes medicine, Avandia, was safer for the heart than a competing pill, Actos, made by Takeda. Avandia’s success was crucial to SmithKline, whose labs were otherwise all but barren of new products. But the study’s results, completed that same year, were disastrous. Not only was Avandia no better than Actos, but the study also provided clear signs that it was riskier to the heart. But instead of publishing the results, the company spent the next 11 years trying to cover them up, according to documents recently obtained by The New York Times. The company did not post the results on its Web site or submit them to federal drug regulators, as is required in most cases by law. The heart risks from Avandia first became public in May 2007, with a study from a cardiologist at the Cleveland Clinic who used data the company was forced by a lawsuit to post on its own Web site. In the ensuing months, GlaxoSmithKline officials conceded that they had known of the drug’s potential heart attack risks since at least 2005. But the latest documents demonstrate that the company had data hinting at Avandia’s extensive heart problems almost as soon as the drug was introduced in 1999, and sought intensively to keep those risks from becoming public.

Note: For lots more on corporate corruption from major media sources, click here.


How Goldman gambled on starvation
2010-07-02, The Independent (One of the UK's leading newspapers)
http://www.independent.co.uk/opinion/commentators/johann-hari/johann-hari-how...

This is the story of how some of the richest people in the world – Goldman, Deutsche Bank, the traders at Merrill Lynch, and more – have caused the starvation of some of the poorest people in the world. At the end of 2006, food prices across the world started to rise, suddenly and stratospherically. Within a year, the price of wheat had shot up by 80 per cent, maize by 90 per cent, rice by 320 per cent. In a global jolt of hunger, 200 million people – mostly children – couldn't afford to get food any more, and sank into malnutrition or starvation. There were riots in more than 30 countries, and at least one government was violently overthrown. Then, in spring 2008, prices just as mysteriously fell back to their previous level. Jean Ziegler, the UN Special Rapporteur on the Right to Food, calls it "a silent mass murder", entirely due to "man-made actions." Through the 1990s, Goldman Sachs and others lobbied hard and the regulations [controlling agricultural futures contracts] were abolished. Suddenly, these contracts were turned into "derivatives" that could be bought and sold among traders who had nothing to do with agriculture. A market in "food speculation" was born. The speculators drove the price through the roof.

Note: Some researchers speculate that the global elite are aware that alternative energies will eventually replace oil, which has been a prime means of control and underlying cause of many wars in recent decades. So as a replacement for oil, the elite and their secret societies are increasingly targeting control of the world's food supply through terminator crops which produce no seed, and through the patenting of seeds.


Report details oil company gifts to regulators
2010-05-26, San Francisco Chronicle (San Francisco's leading newspaper)
http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2010/05/26/MN1I1DKGSU.DTL

Employees of the federal agency that regulates offshore drilling accepted lunches, football tickets, hunting trips and other gifts from the oil and gas companies they were in charge of policing, according to a report [on May 25] by the Interior Department's inspector general. The investigation, which zeroed in on the Lake Charles, La., office of the embattled Minerals Management Service, also found that at least one agency inspector also was actively negotiating employment with an oil and gas production company while simultaneously inspecting its platforms in the Gulf of Mexico. The oil spill in the gulf has focused intense scrutiny on the agency's oversight of offshore drilling and raised questions about whether it was lax in setting requirements for key safety devices and practices. But even before the spill, the agency had been singled out for ethical lapses and mismanagement. In 2008, the Interior Department's inspector general rapped workers in MMS' Lakewood, Colo., office for having sexual relationships with and accepting gifts from energy company representatives. Over a decade, there have been ten inspector general reports and nine from the Government Accountability Office that documented "failures within MMS," [Rep. Darrell Issa] said, "and yet it still took a massive catastrophe to get anyone to ... agree on the need for a massive bureaucratic overhaul."

Note: For an abundance of revealing articles from major media sources on government and corporate collusion and corruption, click here and here.


British policeman wins UFO investigation award
2010-05-21, The Telegraph (One of the UK's leading newspapers)
http://www.telegraph.co.uk/news/newstopics/howaboutthat/ufo/7744335/British-p...

Gary Heseltine's fascination with the unexplained in British skies began at the age of 15, when he spotted a mysterious bright light while walking his first girlfriend home. The 49-year-old father-of-two picked up the 2010 Disclosures Award in Washington for his website, prufospolicedatabase.co.uk, which he launched in 2002. He said: "Winning the award was a total surprise. I didn't know I was going to win until my name was read out. It's also a terrific boost for my database as it puts me on an international platform, and I have already been offered chances to give lectures in Brazil and Denmark." Mr Heseltine, from Scunthorpe, Lincolnshire, has amassed a database including 330 cases and the witness statements of more than 750 police officers. Despite investigating thousands of reports, He said he will always remember his first sighting over the skies of Scunthorpe in 1975. He said: "I was with my first girlfriend heading towards the comprehensive school and suddenly became aware of a large bright light. Suddenly all the electricity on the housing estate we could see ahead cut out. We were terrified at the time but afterwards I decided to investigate and discovered that power cuts are extremely common during UFO sightings."

Note: WantToKnow.info manager Fred Burks has met Gary and was very impressed by his thorough research on UFO sightings by police officers. Don't miss his excellent website available here.


Craig Venter creates synthetic life form
2010-05-20, The Guardian (One of the UK's leading newspapers)
http://www.guardian.co.uk/science/2010/may/20/craig-venter-synthetic-life-form

Craig Venter and his team have built the genome of a bacterium from scratch and incorporated it into a cell to make what they call the world's first synthetic life form. The world's first synthetic life form ... paves the way for designer organisms that are built rather than evolved. The controversial feat, which has occupied 20 scientists for more than 10 years at an estimated cost of $40m, was described by one researcher as "a defining moment in biology". Craig Venter, the pioneering US geneticist behind the experiment, said the achievement heralds the dawn of a new era in which new life is made to benefit humanity, starting with bacteria that churn out biofuels, soak up carbon dioxide from the atmosphere and even manufacture vaccines. However critics, including some religious groups, condemned the work, with one organisation warning that artificial organisms could escape into the wild and cause environmental havoc or be turned into biological weapons. Others said Venter was playing God. The new organism is based on an existing bacterium... but at its core is an entirely synthetic genome that was constructed from chemicals in the laboratory. The single-celled organism has four "watermarks" written into its DNA to identify it as synthetic and help trace its descendants back to their creator, should they go astray.

Note: For a vault of key reports from reliable souces on genetic engineering, click here.


Stock market time bomb?
2010-05-10, Washington Times
http://www.washingtontimes.com/news/2010/may/10/stock-market-time-bomb/?page=all

Even the world’s most savvy stock-market giants (e.g., Warren E. Buffett) have warned over the past decade that derivatives are the fiscal equivalent of a weapon of mass destruction. And the consequences of such an explosion would make the recent global financial and economic crisis seem like penny ante. But generously lubricated lobbyists for the unrestricted, unsupervised derivatives markets tell congressional committees and government regulators to butt out. While banks all over the world were imploding and some $50 trillion vanished in global stock markets, the derivatives market grew by an estimated 65 percent, according the Bank for International Settlements. BIS convenes the world’s 57 most powerful central bankers in Basel, Switzerland, for periodic secret meetings. Occasionally, they issue a cry of alarm. This time, derivatives had soared from $414.8 trillion at the end of 2006 to $683.7 trillion in mid-2008 - 18 months’ time. The derivatives market is now estimated at $700 trillion. What’s so difficult to understand about derivatives? Essentially, they are bets for or against the house - red or black at the roulette wheel. Or betting for or against the weather in situations in which the weather is critical (e.g., vineyards). Forwards, futures, options and swaps form the panoply of derivatives. Credit derivatives are based on loans, bonds or other forms of credit. Over-the-counter (OTC) derivatives are contracts that are traded and privately negotiated directly between two parties, outside of a regular exchange. All of this is unregulated.

Note: Though not from one of the top U.S. newspapers, this incisive article lays bare severe market manipulations that greatly endanger our world. The entire article is highly recommended. $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 describing just how crazy things have gotten and giving some rays of hope by researcher David Wilcock, click here.


The Trades of a Lifetime in 20 Minutes
2010-05-08, New York Times
http://www.nytimes.com/2010/05/08/business/08cancel.html

Someone on Wall Street just made a killing. That was the subject of so much chatter among professional investors once the smoke cleared from the sudden panic and recovery on Thursday [May 6] that briefly knocked some stocks down to a penny or two a share. Who had kept his cool during those terrifying minutes and scooped up some dreamlike bargains? One thing, however, is certain: By luck, savvy, lightning speed or all three, there was money — gobs of it — to be made from the bargains that came and went in an instant. On Friday the blogosphere was alight with conspiracy theories suggesting that perhaps the whole thing had been instigated by a big bank or a hedge fund looking to make a quick profit. Some investment pros surely made a fortune from the trillion-dollar market swing. “Somebody got Accenture at a penny. They’re ready to announce their retirement,” joked Daniel Seiver, a finance professor at San Diego State University. Investors who owned gold or United States Treasuries ... saw big gains as global investors sought havens. But even those gains were small compared with those won by options traders who had placed bets on an index that rises in value when volatility increases. “The guys who probably made the most money in this were options players,” said Larry Tabb, chief executive of the Tabb Group, a financial services consulting firm.

Note: This article refers to the record-breaking 1,000 point intra-day drop in the Dow Jones index on May 7. For an abundance of deep reporting on the hidden realities of Wall Street's shadowy operations, click here.


Man claims to have had no food or drink for 70 years
2010-04-28, The Telegraph (One of the UK's leading newspapers)
http://www.telegraph.co.uk/news/worldnews/asia/india/7645857/Man-claims-to-ha...

Indian military scientists are studying an 82-year-old who claims he has not had any food or drink for 70 years. Prahlad Jani is being held in isolation in a hospital in Ahmedabad, Gurjarat, where he is being closely monitored by India's defence research organization, who believe he may have a genuine quality which could help save lives. He has now spent six days without food or water under strict observation and doctors say his body has not yet shown any adverse effects from hunger or dehydration. Mr Jani ... is regarded as a 'breatharian' who can live on a 'spiritual life-force' alone. He believes he is sustained by a goddess who pours an 'elixir' through a hole in his palate. His claims have been supported by an Indian doctor who specializes in studies of people who claim supernatural abilities. So far, Mr Prahlad appears to be standing up to scrutiny. He has not eaten or drunk any fluids in six days, and similarly has not passed urine or a stool in that time. He remains fit and healthy and shows no sign of lethargy. According to Dr Sudhir Shah, who examined him in 2003, he went without food or water for ten days in which urine appeared to be reabsorbed by his body after forming in his bladder. Doubts were expressed about his claim after his weight fell slightly at the end of the trial.

Note: To read an intriguing BBC News article about the 2003 study of this remarkable man, click here.


Report Details Torture at Secret Baghdad Prison
2010-04-28, New York Times
http://www.nytimes.com/2010/04/28/world/middleeast/28baghdad.html

The torture of Iraqi detainees at a secret prison in Baghdad was far more systematic and brutal than initially reported, Human Rights Watch reported. Human Rights Watch ... documented its findings, which it described as “credible and consistent,” in a draft report provided to The New York Times. The group said it had interviewed 42 detainees who displayed fresh scars and wounds. Many said they were raped, sodomized with broomsticks and pistol barrels, or forced to engage in sexual acts with one another and their jailers. All said they were tortured by being hung upside down and then whipped and kicked before being suffocated with a plastic bag. Those who passed out were revived, they said, with electric shocks to their genitals and other parts of their bodies. “The horror we found suggests torture was the norm in Muthanna,” said Joe Stork, deputy director of the Middle East program at Human Rights Watch. “Security officials whipped detainees with heavy cables, pulled out finger and toenails, burned them with acid and cigarettes, and smashed their teeth,” Human Rights Watch said.

Note: For more on the atrocities committed by the US and its recent wars, click here.


The Problem with Factory Farms
2010-04-23, Time Magazine
http://www.time.com/time/health/article/0,8599,1983981,00.html

If you eat meat, the odds are high that you've enjoyed a meal made from an animal raised on a factory farm. The government designation is CAFO, which stands for Concentrated Animal Feeding Operation. Basically, it's any farm that has 1,000 animal units or more. A beef cow is an animal unit. These animals are kept in pens their entire lives. They're never outside. They never breathe fresh air. They never see the sun. According to the USDA, 2% of U.S. livestock facilities raise an estimated 40% of all farm animals. This means that pigs, chickens and cows are concentrated in a small number of very large farms. There are simply too many animals in too small of a place. CAFO cows eat a diet of milled grains, corn and soybeans, when they are supposed to eat grass. The food isn't natural because they very often put growth hormones and antibiotics in it. When you have 2,000 cows per acre instead of two, you have a problem. You can't fit them in a pasture you fit them in a building. You don't have enough land to absorb their waste. The manure is liquefied. It gets flushed out into an open lagoon [and] sprayed into waterways and creeks. This stuff is untreated, by the way.

Note: For two excellent and fun short videos showing both the problem and solutions for cruel factory farming, click here and here. For lots more little-known, excellent information to promote your health, click here.


George W. Bush 'knew Guantnamo prisoners were innocent'
2010-04-09, The Times (One of the UK's leading newspapers)
http://www.timesonline.co.uk/tol/news/world/us_and_americas/article7092435.ece

George W. Bush, Dick Cheney and Donald Rumsfeld covered up that hundreds of innocent men were sent to the Guantnamo Bay prison camp because they feared that releasing them would harm the push for war in Iraq and the broader War on Terror, according to a new document obtained by The Times. The accusations were made by Lawrence Wilkerson, a top aide to Colin Powell, the former Republican Secretary of State, in a signed declaration to support a lawsuit filed by a Guantnamo detainee. He claimed that the former Vice-President and Defence Secretary knew that the majority of the initial 742 detainees sent to Guantnamo in 2002 were innocent but believed that it was politically impossible to release them. Colonel Wilkerson, a long-time critic of the Bush Administrations approach to counter-terrorism and the war in Iraq, claimed that the majority of detainees children as young as 12 and men as old as 93 never saw a US soldier when they were captured. He said that many were turned over by Afghans and Pakistanis for up to $5,000. Little or no evidence was produced as to why they had been taken. He also claimed that one reason Mr Cheney and Mr Rumsfeld did not want the innocent detainees released was because the detention efforts would be revealed as the incredibly confused operation that they were.

Note: For lots more on the realities of the "war on terror", click here.


To Sinead O'Connor, the pope's apology for sex abuse in Ireland seems hollow
2010-03-28, Washington Post
http://www.washingtonpost.com/wp-dyn/content/article/2010/03/25/AR20100325023...

As recently as 2007, 98 percent of Irish schools were run by the Catholic Church. Schools for troubled youth have been rife with barbaric corporal punishments, psychological abuse and sexual abuse. In October 2005, a report sponsored by the Irish government identified more than 100 allegations of sexual abuse by priests in Ferns, a small town 70 miles south of Dublin, between 1962 and 2002. Accused priests weren't investigated by police; they were deemed to be suffering a "moral" problem. In 2009, a similar report implicated Dublin archbishops in hiding sexual abuse scandals between 1975 and 2004. Pope Benedict's so-called apology takes no responsibility for the transgressions of Irish priests. His letter states that "the Church in Ireland must first acknowledge before the Lord and before others the serious sins committed against defenceless children." What about the Vatican's complicity in those sins? Benedict's infamous 2001 letter to bishops around the world ordered them to keep sexual abuse allegations secret under threat of excommunication -- updating a noxious church policy, expressed in a 1962 document, that both priests accused of sex crimes and their victims "observe the strictest secret" and be "restrained by a perpetual silence."


Fusion's Ups and Downs
2010-03-23, MSNBC
http://cosmiclog.msnbc.msn.com/archive/2010/03/23/2237165.aspx

This week, scientists gathered at the American Chemical Society's spring meeting in San Francisco to turn the spotlight on a highly unorthodox path: the effect known as cold fusion. This year's session featured nearly 50 presentations - including reports on batteries and bacteria that appear to exhibit the cold-fusion effect. Back in 1989, cold fusion was heralded as a simple, inexpensive way to get a power-generating fusion reaction on a desktop. But when the experimental results couldn't be reproduced, the researchers were driven into obscurity [and] the term "cold fusion" became synonymous with quackery. Chemists, however, have kept up their interest in the effect. Rick Nebel [has headed] up a handful of researchers following the less-traveled path to fusion at EMC2 Fusion Development Corp. EMC2 recently created a buzz in the fusion underground by reporting on its Web site that it successfully completed a series of experiments to "validate and extend" earlier results. The company is now using a $7.9 million contract from the U.S. Navy to build a bigger test machine. Nebel and his colleagues are now seeking contributions to fund the development of what they say would be a 100-megawatt fusion plant - a "Phase 3" effort projected to cost $200 million and take four years. "Successful Phase 3 marks the end of fossil fuels," the Web site proclaims.

Note: For a powerful, reliable documentary showing how promising results from cold fusion were strongly suppressed, click here. For lots of reports from reliable sources of new energy developments, click here.


U.S. Turns a Blind Eye to Opium in Afghan Town
2010-03-21, New York Times
http://www.nytimes.com/2010/03/21/world/asia/21marja.html

The effort to win over Afghans on former Taliban turf in Marja has put American and NATO commanders in the unusual position of arguing against opium eradication. From Gen. Stanley A. McChrystal on down, the military’s position is clear: “U.S. forces no longer eradicate,” as one NATO official put it. Opium is the main livelihood of 60 to 70 percent of the farmers in Marja. American Marines occupying the area are under orders to leave the farmers’ fields alone. United Nations drug officials agree with the Americans. Pictures of NATO and other allied soldiers “walking next to the opium fields won’t go well with domestic audiences, but the approach of postponing eradicating in this particular case is a sensible one,” said Jean-Luc Lemahieu, who is in charge of the United Nations Office on Drugs and Crime here. Though the United States government’s official position is still to support opium crop eradication in general, some American civilian officials say that the internal debate over Marja is far from over within parts of the State Department and the Drug Enforcement Administration. A spokesman for the United States Embassy in Kabul, Brendan J. O’Brien, said officials would decline to comment while the matter was under review.

Note: For weeks the Pentagon and press claimed Marja is a city of 80,000 people, and compared the "battle for Marja" as comparable to the attack on Falluja, Iraq. Then the news leaked out that Marja is not even a town, but an unincorporated agricultural area with a few villages. Now the "city" turns out to be a center of opium poppy production! Could protection of the lucrative poppy crops be the real reason for the selection of this area for the largest single military operation of the occupiers since the invasion in 2001? For more on this, click here.


Pope's Irish letter faces critical Catholic world
2010-03-20, Washington Post/Associated Press
http://www.washingtonpost.com/wp-dyn/content/article/2010/03/19/AR20100319028...

Pope Benedict XVI addresses Ireland on [March 20] in a letter apologizing for the sex abuse scandal [there] - a message being watched closely by Catholics from Boston to Berlin to see if it also acknowledges decades of Vatican-approved cover-ups. The scandals first emerged in Canada and Australia in the 1980s, followed by Ireland in the 1990s, the United States this decade and, in recent months, Benedict's German homeland. Victims' rights activists say that to begin mending the church's battered image, Benedict's message ... must break his silence on the role of the Catholic hierarchy in shielding pedophile clergy from prosecution. That includes abuses committed decades ago under the pope's watch, when he was Archbishop Joseph Ratzinger of Munich, as well as the pontiff's role in hushing up the scandals. As leader of the Congregation for the Doctrine of the Faith, Ratzinger was responsible for a 2001 Vatican edict that instructed bishops to report all cases of child abuse to Vatican authorities under strict secrecy; it made no mention of reporting crimes to police. "Is it not time for Pope Benedict XVI himself to acknowledge his share of responsibility?" said the Rev. Hans Kung, a Swiss priest and dissident Catholic theologian. "Honesty demands that Joseph Ratzinger himself, the man who for decades has been principally responsible for the worldwide cover-up, at last pronounce his own mea culpa," Kung said.


Police or provocateurs?
2010-03-18, The Guardian (One of the UK's leading newspapers)
http://www.guardian.co.uk/commentisfree/2010/mar/18/undercover-police-infiltr...

Last Sunday's Observer claimed to expose how "an officer from a secretive unit of the Metropolitan police" worked "undercover among anti-racist groups in Britain, during which he routinely engaged in violence against members of the public and uniformed police officers to maintain his cover". Despite this sensationalist introduction, "Officer A" does not describe his involvement in any violent incidents. No wonder. The organisation he infiltrated, Youth Against Racism in Europe (YRE) is a peaceful organisation of young people, which in the 1990s organised mass protests against racism and the BNP [British National Party]. YRE [has often faced] violence from the far right, and unfortunately also from the police. The police not only used violence against [YRE] demonstrations but also carried out a secretive, unaccountable and clearly expensive infiltration operation. They gained nothing from it. Far from being secretive [YRE] publicly advertised [its] events. The Observer's revelation is not unique. Christopher Andrew's The Defence of the Realm: the Authorized History of M15, published last year, also describes state infiltration of Militant, the National Union of Miners and others. Surveillance of peaceful protestors has mushroomed. Police brutality also, as the tragic death of Ian Tomlinson showed, is not a thing of the past.

Note: Why would police place officers promoting violence in peaceful groups working against racism? Could it be that key elements within the police are racist?


Vitamin D better than vaccines at preventing flu
2010-03-15, The Times (One of the UK's leading newspapers)
http://www.timesonline.co.uk/tol/news/uk/scotland/article7061778.ece

The risk of children suffering from flu can be halved if they take vitamin D, doctors in Japan have found. The finding has implications for flu epidemics since vitamin D, which is naturally produced by the human body when exposed to direct sunlight, has no significant side effects, costs little and can be several times more effective than anti-viral drugs or vaccine. Only one in ten children, aged six to 15 years, taking the sunshine vitamin in a clinical trial came down with flu compared with one in five given a dummy tablet. Mitsuyoshi Urashima, the Japanese doctor who led the trial, told The Times that vitamin D was more effective than vaccines in preventing flu. Vitamin D was found to be even more effective when the comparison left out children who were already given extra vitamin D by their parents, outside the trial. Taking the sunshine vitamin was then shown to reduce the risk of flu to a third of what it would otherwise be. The trial, which was double blind, randomised, and fully controlled scientifically, was conducted by doctors and scientists from Jikei University School of Medicine in Tokyo, Japan.

Note: For important articles from reliable sources on health issues, click here.


Learning From Lehman
2010-03-14, New York Times
http://www.nytimes.com/2010/03/14/opinion/14sun3.html

On top of everything Lehman Brothers did before it collapsed in 2008, nearly toppling the financial system, it now seems that it was aggressively massaging its books. A new report on the Lehman collapse, released last week ... would leave anyone dumbstruck by the firm’s audacity — and reminded of the crying need for adult supervision of Wall Street. The 2,200-page report [finds that] Lehman engaged in transactions that let it temporarily shift troubled assets off its books and in so doing, hide its reliance on borrowed money. The maneuvers ... made the firm appear healthier than it was. [The author, Anton R. Valukas, a former federal prosecutor,] wrote that Richard S. Fuld Jr., Lehman’s former chief executive, was “at least grossly negligent,” and that Lehman executives engaged in “actionable balance sheet manipulation.” According to the report, rating agencies, government regulators and Lehman’s board of directors had no clue about the gimmicks. The result is that we were all blindsided. And we could be blindsided again. Congress is not even close to passing meaningful regulatory reform. The surviving banks have only gotten bigger and more politically powerful. If the Valukas report is not a wake-up call, what would be?

Note: The Lehman report is described in detail here. For revealing information showing how the US Treasury Department continues to fight against a much-needed audit of the Federal Reserve, click here. For a great collection of revealing reports from reliable sources on the hidden realities behind the financial crisis and government bailouts of the biggest financial corporations, click here.


Did the CIA test LSD in the New York City subway system?
2010-03-13, New York Post
http://nypost.com/2010/03/14/did-the-cia-test-lsd-in-the-new-york-city-subway...

On Nov. 28, 1953, Frank Olson, a ... 42-year-old government scientist, plunged to his death from room 1018A in New York's Statler Hotel. [Twenty-two] years later, the Rockefeller Commission report was released, detailing a litany of domestic abuses committed by the CIA. The ugly truth emerged: Olson's death was the result of his having been surreptitiously dosed with LSD days earlier by his colleagues. The belated 1975 [admission] ... generated more interest into a series of wildly implausible "mind control" experiments on an unsuspecting populace over three decades. Much of this plot unfolded here, in New York, according to H.P. Albarelli Jr., author of A Terrible Mistake: The Murder of Frank Olson and the CIA's Secret Cold War Experiments. Albarelli spent more than a decade sifting through more than 100,000 pages of government documents and his most startling chestnut might be his claim that the intelligence community conducted aerosol tests of LSD inside the New York City subway system. "The experiment was pretty shocking — shocking that the CIA and the Army would release LSD like that, among innocent unwitting folks," Albarelli told The Post. An Olson colleague, Dr. Henry Eigelsbach, confirmed to Albarelli that the LSD subway test did, in fact, occur in November 1950, albeit on a smaller scale than first planned. Little, however, is known about the test — what line, how many people and what happened.

Note: For lots more reliable information on CIA mind control experiments, click here and here.


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