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.
Somebody owes us $20 trillion. "Inside Job," a riveting, eye-opening, infuriating documentary about the financial collapse of 2008, coolly presents a prosecutor's brief against the culprits who engineered the greatest economic crisis since the Great Depression. They occupy both sides of the legislative aisle, corporate boardrooms, Ivy League faculty lounges and bank headquarters. They made money – sometimes obscene amounts of it – while rigging a monetary meltdown that left middle-class taxpayers holding the bag, and thousands of less-fortunate former homeowners holding cardboard signs beside freeway on-ramps. This is no dry economics lesson; it is a vital wakeup call. The presentation is articulate and rigorously factual, presented in six chapters, from "How We Got There" to "Accountability." The financial earthquake was not only entirely avoidable, but was utterly predictable given the steady erosion of scrutiny of financial markets here and abroad. Reducing state monitoring under the Reagan administration set the stage for the savings-and-loan crisis and the collapse of the junk-bond market. But that was a luau compared with what lay ahead. Successive administrations, Democratic and Republican alike, heeded advisers pushing for further deregulation, leading to WorldCom, Enron, the dot-com bubble and the 2008 panic. Many of those laissez-faire advocates were prominent academics receiving sizable consulting fees to testify in antitrust cases and in Congress on Wall Street's behalf.
Note: For lots more from reliable sources on the long history of criminal and corrupt practices of major financial powers and regulatory bodies, click here.
One of the best-known scientific sleuths of UFO sightings is focusing his search not on today's flying saucers, but on the sky wonders of antiquity. Jacques Vallee [is] the French-born computer whiz and venture capitalist who ... served as the model for Francois Truffaut's UFO-hunting character in "Close Encounters of the Third Kind." He's a co-author of a newly published book, "Wonders in the Sky," that lists 500 unexplained aerial observations dating back as far as 1460 B.C. and going up to the dawn of the industrial age in 1879. About 90 percent of UFO reports turn out to have perfectly natural explanations, but Vallee says the reports that remain unexplained are provocative enough that they deserve more thoroughgoing study. Jacques Vallee: Many of the reports in our book came from professional scientists in the 18th and 19th centuries [including] two directors of the Paris Observatory. Thanks to the Internet, now we have the means to look at vast collections of records. Many of the cases, both ancient and modern, involve a number of trained people - sometimes the entire crew of an aircraft ... and official reports by pilots which in many cases involved near-collisions. There are pilots and military people willing to talk openly about what they've seen. There is a database of over 500 reports by pilots in the first person. There are radar records, visual observations, electromagnetic observations. All of us who have investigated this have spoken to pilots and radar operators who said that after a sighting, a couple of people in blue jeans showed up with some identification from somewhere and confiscated the tapes or the film, and they took it somewhere and no one ever saw it again.
Note: The list of sightings at the end of this article from highly reliable observers reporting before humans could fly is quite intriguing. For lots more reliable, verifiable information on the UFO cover-up, click here.
At least 15 million American adults say they have had a near-death experience, according to a 1997 survey -— and the number is thought to be rising with increasingly sophisticated resuscitation techniques. In addition to floating above their bodies, people often describe moving down a dark tunnel toward a bright light, feeling intense peace and joy, reviewing life events and seeing long-deceased relatives—only to be told that it's not time yet and land abruptly back in an ailing body. "There are always skeptics, but there are millions of 'experiencers' who know what happened to them, and they don't care what anybody else says," says Diane Corcoran, president of the International Association for Near-Death Studies, a nonprofit group in Durham, N.C. The organization publishes the Journal of Near-Death Studies and maintains support groups in 47 states. In his new book, Evidence of the Afterlife, Jeffrey Long, a radiation oncologist in Louisiana, analyzes 613 cases reported on the website of his Near Death Research Foundation and concludes there is only one plausible explanation: "that people have survived death and traveled to another [mode of existence]." "The self, the soul, the psyche — throughout history, we've never managed to figure out what it is and how it relates to the body," [said Sam Parnia, a critical-care physician]. "This is a very important for science and fascinating for humankind."
Note: For two of the most amazing near-death experiences ever told, click here and here.
It was a gorgeous Himalayan village, with a river running through it. But it was also ravaged by the war. Temples had been burned down, and the girl’s home had been converted into a rebel camp. Most children couldn’t afford school. In the cities, [Maggie Doyne] had seen them working with hammers, breaking rocks into gravel to sell. “The first little girl I met was Hema,” Doyne remembers. Then 6 or 7 years old (few children know their precise age), Hema spent her time breaking rocks and scavenging garbage and had no chance to go to school. But she was radiant and adorable and always greeted Doyne in Nepali with a warm, “Good morning, Sister!” “Maybe I saw a piece of myself in her,” said Doyne, who decided to take Hema under her wing and pay for her education: “I knew I couldn’t do anything about a million orphans, but what if I started with this girl?” So she took Hema to school and paid $7 for the girl’s school fees and another $8 for a uniform so that she could enter kindergarten. “It became addictive,” Doyne said. “I said, if I can help one girl, why not 5? Why not 10?" Doyne found a ramshackle telephone “booth” — actually, a mud hut — where she could place an international call and telephoned her parents with a strange and urgent request: Can you wire me the money in my savings account? Her parents sent her the money. Doyne has since raised hundreds of thousands more. With it she has built the Kopila Valley Children’s Home.
Note: For a slide show of Maggie's great work on the New York Times website, click here. For Maggie's inspiring website, click here.
A grim picture of the US and Britain's legacy in Iraq has been revealed in a massive leak of American military documents that detail torture, summary executions and war crimes. Almost 400,000 secret US army field reports have been passed to the Guardian ... via the whistleblowing website WikiLeaks. The new logs detail how: A US helicopter gunship involved in a notorious Baghdad incident had previously killed Iraqi insurgents after they tried to surrender. More than 15,000 civilians died in previously unknown incidents. The logs record 66,081 non-combatant deaths out of a total of 109,000 fatalities. The numerous reports of detainee abuse, often supported by medical evidence, describe prisoners shackled, blindfolded and hung by wrists or ankles, and subjected to whipping, punching, kicking or electric shocks. Six reports end with a detainee's apparent death. The whistleblowing activists say they have deleted all names from the documents that might result in reprisals.
Note: For an analysis by the Ad Hoc Committee for Justice for Iraq of the still very one-sided picture of the devastation of Iraq provided by this leak of Iraq war logs, click here. For an interview of the leader of Wikileaks on CNN in which he walks out after being asked about his personal life rather than Iraqi deaths, click here.
As George H. Painter was preparing to retire recently as one of two administrative law judges presiding over investor complaints at the Commodity Futures Trading Commission, he issued an extraordinary request: Please don't assign my pending cases to the other judge. [The CFTC oversees trading of the nation's most important commodities, including oil, gold and cotton.] Painter said Judge Bruce Levine ... had a secret agreement with a former Republican chairwoman of the agency to stand in the way of investors filing complaints with the agency. "On Judge Levine's first week on the job, nearly twenty years ago, he came into my office and stated that he had promised Wendy Gramm, then Chairwoman of the Commission, that we would never rule in a complainant's favor," Painter wrote. "A review of his rulings will confirm that he fulfilled his vow. Judge Levine ... forces pro se complainants to run a hostile procedural gauntlet until they lose hope, and either withdraw their complaint or settle for a pittance, regardless of the merits of the case." Levine was the subject of a story 10 years ago in the Wall Street Journal, which said that except in a handful of cases in which defunct firms failed to defend themselves, Levine had never ruled in favor of an investor. Gramm [wife of former senator Phil Gramm (R-Tex.)], was head of the CFTC just before president Bill Clinton took office. She has been criticized by Democrats for helping firms such as Goldman Sachs and Enron gain influence over the commodity markets. After leaving the CFTC, she joined Enron's board.
Note: For lots more from reliable sources on government corruption, click here.
If the now-viral video of Fort Worth City Council member Joel Burns' extraordinary address during an otherwise routine meeting ... does not move you to tears, you surely have a tough, leathery little peanut for a heart. Burns, who is gay, spoke directly to young victims of anti-gay bullying. He shared his own teenage experience of ugly, mindless victimization, and he made the promise to kids enduring similar torment: "It gets better." That's "It Gets Better" - with caps - since it's the name for an informal online video project of adults sharing their coming-out stories to teens who are struggling with their sexual orientation and especially vulnerable to harassment. Burns' statement ... could save somebody's life. It might already have [done so]. Burns first showed photos and told stories of a half-dozen teens whose recent suicides have been linked to ridicule they received for being - or being thought to be - gay. As cruel as these stories are, they are the most poignant evidence there is against the absurd notion that sexual orientation is a "lifestyle choice" instead of a biological reality. Burns deliberately sought the attention of scared, isolated kids who fear their misery is permanent. "I know that life can seem unbearable … but I want you to know that it gets better," he said. "You will get out of the household that doesn't accept you. You will get out of that high school, and you don't ever have to deal with those jerks again, if you don't want to."
Note: For the beautiful, touching 12-minute video where this courageous city council member talks about stopping school bullying which is killing innocent children, click here. And watch a touching seven-minute video about a very tough decision made by a caring couple about the gender of their child. For a treasure trove of great news articles which will inspire you to make a difference, click here.
If you want to understand the way prescription drugs are marketed today, have a look at the 1928 book, Propaganda, by Edward Bernays, the father of public relations in America. For Bernays, the public relations business was less about selling things than about creating the conditions for things to sell themselves. When Bernays was working as a salesman for Mozart pianos, for example, he did not simply place advertisements for pianos in newspapers. That would have been too obvious. Instead, Bernays persuaded reporters to write about a new trend: Sophisticated people were putting aside a special room in the home for playing music. Once a person had a music room, Bernays believed, he would naturally think of buying a piano. As Bernays wrote, "It will come to him as his own idea." Just as Bernays sold pianos by selling the music room, pharmaceutical marketers now sell drugs by selling the diseases that they treat. The buzzword is "disease branding." To brand a disease is to shape its public perception in order to make it more palatable to potential patients. Once a branded disease has achieved a degree of cultural legitimacy, there is no need to convince anyone that a drug to treat it is necessary. It will come to him as his own idea. It is hard to brand a disease without the help of physicians, of course. So drug companies typically recruit academic "thought leaders" to write and speak about any new conditions they are trying to introduce.
Note: This key topic is discussed in great depth in the BBC's documentary "Century of the Self" available here. And for a top doctor's analysis that the cholesterol scare was largely manufactured for profit, click here.
Americans die sooner than citizens of a dozen other developed nations and the usual suspects -- obesity, traffic accidents and a high murder rate -- are not to blame. Instead, poor healthcare may be to blame, the team at Columbia University in New York reported. They found that 15-year survival rates for men and women aged 45 to 65 have fallen in the United States relative to the other 12 countries over the past 30 years. In June, the Commonwealth Fund, which advocates on and does research focusing on healthcare reform, reported that Americans spend twice as much on healthcare as residents of other developed countries -- $7,290 per person -- but get lower quality and less efficiency. Between 1975 and 2005, medical costs went up in all the countries, as did life expectancy. But costs went up far more in the United States and life expectancy increased to a far lower degree. "In 1950, the United States was fifth among the leading industrialized nations with respect to female life expectancy at birth, surpassed only by Sweden, Norway, Australia, and the Netherlands," [the report authors] wrote. At last count, the United States was 46th in female life expectancy; 49th for both sexes.
Note: For key reports from reliable sources on important health issues, click here.
Most investors, when sizing up a company, ask a simple question: "Will this company make me money?" But John Grafer, a principal with Satori Capital, likes to ask a question most traditional investors never think of: "Does your receptionist have an equity stake in your company?" Grafer is one of a growing breed of investors who look beyond the bottom line and ask what a company is doing to help society. It's called impact investing, and its supporters say it combines the shrewdness of the for-profit marketplace with an earnest desire to do good. "It's the opposite of a quick flip," Grafer said. "While there might not be a short-term return, you get a larger long-term return." The companies that make up Satori's $175 million fund all have to meet strict financial and social benchmarks. Grafer said he focuses on ownership, the environment, civic involvement and respectful relationships with customers. A report by Hope Consulting indicates that investors were willing to spend as much as $120 billion on companies that promise social and financial return, if the right product were available. Four social market funds are well on their way to reaching $100 million. And attendance at this year's conference was double what it was when the conference began just three years ago. Organizers say the trend toward socially conscious investing has been spurred by the downturn in the economy. "The traditional market failed," said Kevin Jones, of San Francisco's Good Capital and a conference organizer. "This kind of stuff works without creating a bubble."
Note: For an excellent example of investing for social good while still make a return on your investing, check out our excellent piece on microlending at this link.
The astounding revelation that U.S. medical researchers intentionally gave Guatemalans gonorrhea and syphilis more than 60 years ago is so horrifying that we want to believe that what happened then could never happen today. A report from the United States Department of Health and Human Services noted that roughly 80 percent of drug approvals in 2008 were based in part on data from outside the U.S. Susan Reverby, a distinguished historian at Wellesley College in Massachusetts, has ... long researched the infamous Tuskegee Syphilis Study, the experiment where poor, black men in rural Alabama were deliberately left untreated for syphilis by government researchers. The study, somehow, was allowed to run from 1932 to 1972. More recently, Reverby came across documents that showed that Dr. John C. Cutler, a physician who would later be one of the researchers involved in the Tuskegee study, was involved in a completely unethical research study much earlier in Guatemala. Cutler, who went to his grave defending the Tuskegee experiment, directly inoculated unknowing prisoners in Guatemala with syphilis and also encouraged them to have sex with diseased prostitutes for his research from 1946-48. His work was sponsored by lauded organizations such as the United States Public Health Service, the National Institutes of Health with collaboration of the Pan American Health Sanitary Bureau (now the Pan American Health Organization), and the Guatemalan government.
Note: The author of this commentary is Arthur Caplan, director of the Center for Bioethics at the University of Pennsylvania. For many other examples of government-sponsored experimentation on human guinea pigs, click here.
Whatever the mysterious lights in the sky were, they seemed to have an interest in our nukes. One of the more out-of-the-ordinary press conferences held in Washington this week consisted of former Air Force personnel testifying to the existence of UFOs and their ability to neutralize American and Russian nuclear missiles. UFO researcher Robert Hastings of Albuquerque, N.M., who organized the National Press Club briefing, said more than 120 former service members had told him they'd seen unidentified flying objects near nuclear weapon storage and testing grounds. Robert Jamison, a retired USAF nuclear missile targeting officer, told of several occasions having to go out and "re-start" missiles that had been deactivated, after UFOs were sighted nearby. [In a] December 1980 incident near two Royal Air Force Bases in Suffolk, England ... several U.S. Air Force personnel reported seeing a strange metallic object hovering. Retired USAF Col. Charles Halt said that in December 1980, when he was deputy base commander at RAF Bentwaters, strange lights in the forest were investigated by three patrolmen. They reported approaching a triangular craft, "approximately three meters on a side, dark metallic in appearance with strange markings." Halt found indentations in the ground, broken branches, and low-level background radiation. He and his team also witnessed various lights moving silently in the sky, of one which was "shedding something like molten metal." Several of the ex-servicemembers speaking Monday said when they'd brought their concern of such appearances to superiors, they'd been told it was "top secret" or that it "didn't happen." Hastings suggested the presence of such phenomena meant that aliens were monitoring our weapons, and perhaps warning us - "a sign to Washington and Moscow that we are playing with fire."
Note: To watch 18-minutes of this most fascinating testimony on the CNN website, click here. For lots more reliable information on the famous RAF Bentwaters incident, click here. For what may be the best UFO documentary ever made, watch Out of the Blue, available for free viewing at this link.
The Pentagon has burned 9,500 copies of Army Reserve Lt. Col. Anthony Shaffer's memoir Operation Dark Heart, his book about going undercover in Afghanistan. A Department of Defense official tells Fox News that the department purchased copies of the first printing because they contained information which could cause damage to national security. The U.S. Army originally cleared the book for release. The U.S. Defense Intelligence Agency attempted to block the book about the tipping point in Afghanistan and a controversial pre-9/11 data mining project called "Able Danger." In a letter obtained by Fox News, the DIA says national security could be breached if Operation Dark Heart is published in its current form. The agency also attempted to block key portions of the book that claim "Able Danger" successfully identified hijacker Mohammed Atta as a threat to the United States before the Sept. 11, 2001, terror attacks.
Note: Able Danger was the program which identified Mohamed Atta and three other alleged 9/11 hijackers as a potential terror threat before 9/11. To read major media reports on the intense controversy around this program (which is likely why the book is being burned), click here.
Witness testimony from more than 120 former or retired military personnel points to an ongoing and alarming intervention by unidentified aerial objects at nuclear weapons sites, as recently as 2003. In some cases, several nuclear missiles simultaneously and inexplicably malfunctioned while a disc-shaped object silently hovered nearby. Six former U.S. Air Force officers and one former enlisted man will break their silence about these events at the National Press Club and urge the government to publicly confirm their reality. One of them, ICBM launch officer Captain Robert Salas, was on duty during one missile disruption incident at Malmstrom Air Force Base and was ordered to never discuss it. Captain Salas notes, "The U.S. Air Force is lying about the national security implications of unidentified aerial objects at nuclear bases and we can prove it." Col. Halt adds, "I believe that the security services of both the United States and the United Kingdom have attempted—both then and now—to subvert the significance of what occurred at RAF Bentwaters by the use of well-practiced methods of disinformation." Declassified U.S. government documents, to be distributed at the event, now substantiate the reality of UFO activity at nuclear weapons sites extending back to 1948. The press conference will also address present-day concerns about the abuse of government secrecy as well as the ongoing threat of nuclear weapons.
Note: Captain Salas has submitted to WantToKnow.info his own further investigation into his experience. Read his fascinating story at this link. For the testimony of several dozen key military and government officials on the existence of a major cover-up of UFOs, click here.
Nearly 40 years before the Obama White House denounced the WikiLeaks website for publishing classified documents, another president, Richard Nixon, was even more obsessed with the same phenomenon. Only Nixon and his top aides went to far greater lengths to deal with the problem: They launched an extraordinary campaign to smear and discredit the journalist who, more than anyone else, was bedeviling them by publishing government secrets: newspaper columnist Jack Anderson. The White House obsession with Anderson — whose "Washington Merry Go-Round" column was the WikiLeaks of its day — is detailed in a new book being published this month, Poisoning the Press: Richard Nixon, Jack Anderson and the Rise of Washington’s Scandal Culture, by journalism professor Mark Feldstein. The book relies in part on newly unearthed tapes from the National Archives that document how Nixon’s aides plotted to destroy Anderson by planting forged evidence with him and spreading false rumors about his sex life and that of one of his associates. Feldstein also has uncovered new evidence that documents one of the more outrageous schemes of the Nixon presidency: a plot to assassinate Anderson by either putting poison in his medicine cabinet or exposing him to a “massive dose” of LSD by smearing it on the steering wheel of his car.
Note: For more on the use of LSD and other substances by the CIA for mind control and assassination, click here.
At the height of the Cold War, the CIA conducted covert, illegal scientific research on human subjects. Known as Project MK-ULTRA, the program subjected humans to experiments with drugs such as LSD and barbiturates, hypnosis and (some reports indicate) radiological and biological agents. In 1973, CIA Director Richard Helms ordered all documents from Project MK-ULTRA destroyed. Nevertheless, late the following year, the New York Times reported on the illegal activities. In 1975, the Church Committee, headed by Senator Frank Church, and a commission headed by Vice President Nelson Rockefeller investigated the project. They found that over more than two decades, the CIA spent nearly $20 million, enlisted the services of researchers at more than 30 universities and conducted experiments on subjects without their knowledge. Some of the research was performed in Canada. Some historians argue that the goal of the program was to create a mind-control system by which the CIA could program people to conduct assassinations. In 1953, Richard Condon dramatized the idea in the thriller The Manchurian Candidate, which was adapted into a film starring Frank Sinatra. Such ultimately wacky ideas were also dramatized in the recent George Clooney film The Men Who Stare at Goats.
Note: For more on CIA mind control experiments, see the extensive documentation available here.
With a civilian population haunted by the Blitz and the Second World War still in the balance, it was one development Winston Churchill could have done without – an incursion into British airspace by an arrow-shaped metallic object feared to contain an invasion force of little green men. Such was the sensitivity of an alleged UFO sighting by an RAF bomber crew returning to England from a mission over Germany that Churchill ordered it to be covered up with the words: "This event should be immediately classified since it would create mass panic amongst the general population and destroy one's belief in the Church." This at least was the allegation put to the Ministry of Defence by relatives of a senior British military aide who claimed to have witnessed the cigar-chomping Prime Minister discuss the incident with General Dwight Eisenhower as part of a meeting about a succession of "foo fighter" sightings by Allied air crews in the Second World War. The curious matter of visits by wartime aliens is one of hundreds of reports of strange celestial phenomena – from a space station covered in pulsating lights to an unusually agile rocket which buzzed a Boeing 737 at Manchester Airport – to be revealed in documents released today by the National Archives.
Note: For reliable information on UFOs, check out our UFO Information Center.
The head of the American Association of University Professors has accused BP of trying to "buy" the best scientists and academics to help it contest litigation after the Gulf of Mexico oil spill. "This is really one huge corporation trying to buy faculty silence in a comprehensive way," said Cary Nelson. BP faces more than 300 lawsuits so far. In a statement, BP says it has hired more than a dozen national and local scientists "with expertise in the resources of the Gulf of Mexico". The BBC has obtained a copy of a contract offered to scientists by BP. It says that scientists cannot publish the research they do for BP or speak about the data for at least three years, or until the government gives the final approval to the company's restoration plan for the whole of the Gulf. And it adds that scientists must take instructions from lawyers offering the contracts and other in-house counsel at BP. What Mr Nelson is concerned about is BP's control over scientific research. "Our ability to evaluate the disaster and write public policy and make decisions about it as a country can be impacted by the silence of the research scientists who are looking at conditions," he said. "It's hugely destructive. I mean at some level, this is really BP versus the people of the United States."
Note: For lots more on corporate corruption from reliable sources, click here.
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?
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.
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.