News ArticlesExcerpts of Key News Articles in Major Media
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Israeli agents who kidnapped Nazi mastermind Adolf Eichmann from Argentina in 1960 found the notorious death camp doctor Josef Mengele but let him get away, one of the operatives said Tuesday. Mengele was one of the most wanted Nazi war criminals, a doctor who conducted cruel experiments on twins and dwarves at the Auschwitz concentration camp and killed children with lethal injections. He selected prisoners who would be subjected to his experiments and sent others straight to their death in gas chambers. Rafi Eitan, now an 81-year-old Israeli Cabinet minister, told The Associated Press on Tuesday that he and other Mossad agents located Mengele living in a Buenos Aires apartment with his wife at the time of Eichmann's capture in 1960. But they decided that trying to nab him would risk sabotaging the capture of Eichmann, who implemented Adolf Hitler's "final solution" to kill European Jewry and was deemed a more important target. Mengele was infamous for his sadistic experiments in the death camps. He injected dye into the eyes of twins to change their color and sewed them together to try to create artificially conjoined twins. He ordered twins killed simultaneously and then dissected for examination of their organs. His horrors earned him the title "Angel of Death." After the war, Mengele fled Germany under an assumed name and ended up in Argentina ... in 1949 but left in 1959 and became a naturalized citizen of Paraguay. After Eichmann was captured in May 1960, Mengele moved to Brazil, according to the report by the Office of Special Investigations (OSI), which tracks Nazis.
Note: It is suspected by many who have researched government mind control programs that after he escaped capture as mentioned above, Mengele was secretly brought to the U.S., where he trained top operatives of the infamous MKULTRA program in mind control techniques he perfected while experimenting without ethical limitations on live humans at Auschwitz. For more on this, click here and here.
Israeli agents who kidnapped Nazi mastermind Adolf Eichmann from Argentina in 1960 found the notorious death camp doctor Josef Mengele but let him get away, one of the operatives [has] said. Mengele was one of the most wanted Nazi war criminals, a doctor who conducted cruel experiments on twins and dwarves at the Auschwitz concentration camp and killed children with lethal injections. He selected prisoners who would be subjected to his experiments and sent others straight to their death in gas chambers. Rafi Eitan, now an 81-year-old Israeli Cabinet minister, told The Associated Press ... that he and other Mossad agents located Mengele living in a Buenos Aires apartment with his wife at the time of Eichmann's capture in 1960. But they decided that trying to nab him would risk sabotaging the capture of Eichmann, who implemented Adolf Hitler's "final solution" to kill European Jewry and was deemed a more important target. It was known that Mengele was living in Buenos Aires around the time of Eichmann's capture. But Eitan's comments indicated the Israelis were closer to him than had been previously thought — and shed light on why they decided to abandon an attempt to catch him. Mengele was infamous for his sadistic experiments in the death camps. He injected dye into the eyes of twins to change their color and sewed them together to try to create artificially conjoined twins. He ordered twins killed simultaneously and then dissected for examination of their organs. His horrors earned him the title "Angel of Death." After the war, Mengele fled Germany under an assumed name and ended up in Argentina.
Note: There is ample verifiable evidence that Mengele perfected mind control through his horrific experiments and then was secretly brought in by the CIA to teach them this disturbing technology. For more on this, see concise summaries of deeply revealing mind control news articles from reliable major media sources.
Regulators had long classified a private Swiss energy conglomerate called Vitol as a trader that primarily helped industrial firms that needed oil to run their businesses. But when the Commodity Futures Trading Commission examined Vitol's books last month, it found that the firm was in fact more of a speculator, holding oil contracts as a profit-making investment rather than a means of lining up the actual delivery of fuel. Even more surprising to the commodities markets was the massive size of Vitol's portfolio -- at one point in July, the firm held 11 percent of all the oil contracts on the regulated New York Mercantile Exchange. The discovery revealed how an individual financial player had gained enormous sway over the oil market without the knowledge of regulators. Other CFTC data showed that a significant amount of trading activity was concentrated in the hands of just a few speculators. The CFTC ... now reports that financial firms speculating for their clients or for themselves account for about 81 percent of the oil contracts on NYMEX, a far bigger share than had previously been stated by the agency. That figure may rise in coming weeks as the CFTC checks the status of other big traders. Some lawmakers have blamed these firms for the volatility of oil prices, including the tremendous run-up that peaked earlier in the summer. "It is now evident that speculators in the energy futures markets play a much larger role than previously thought, and it is now even harder to accept the agency's laughable assertion that excessive speculation has not contributed to rising energy prices," said Rep. John D. Dingell (D-Mich.).
MIT professor Daniel G. Nocera has long been jealous of plants. He desperately wanted to do what they do--split water into hydrogen and oxygen and use the products to do work. That, he figures, is the only way we humans can solve our energy problems; enough energy pours down from the sun in one hour to power the planet's energy needs for a year. Nocera's discovery [is] a cheap and easy way to store energy that he thinks will be used to change solar power into a mainstream energy source. Plants catch light and turn it into an electric current, then use that energy to excite catalysts that split water into hydrogen and oxygen during what is called photosynthesis' light cycle. The energy is then used during the dark cycle to allow the plant to build sugars used for growth and energy storage. Nocera and Matthew Kanan, a postdoctoral fellow in Nocera's lab, focused on the water-splitting part of photosynthesis. They found cheap and simple catalysts that did a remarkably good job. They dissolved cobalt and phosphate in water and then zapped it with electricity through an electrode. The cobalt and phosphate form a thin-film catalyst around the electrode that then use electrons from the electrode to split the oxygen from water. The oxygen bubbles to the surface, leaving a proton behind. A few inches away, another catalyst, platinum, helps that bare proton become hydrogen. The hydrogen and oxygen, separated and on-hand, can be used to power a fuel cell whenever energy is needed.
Note: This amazing breakthrough resulted in a $4 million government grant for further development. For more, click here and here.
Flying today can be stressful, inconvenient and downright difficult. But what if there was a way to make it all easier? What if you had one small device, say a bracelet, which carried all your flight information and other data to make things easier? This bracelet could even track you and your luggage. Former United States Air Marshal Jeffrey Denning describes the idea this way: "The bracelets would take the place of boarding tickets. [They] would also work as a GPS to track air travelers and their luggage." Denning says airline passengers might use this bracelet technology in place of a boarding pass but the government could use it for something else. "And here's the shocking part," Denning said. "No pun intended. If the passengers act up it (the bracelet) would shock and immobilize them for several minutes." That's right. If the flight crew decides that you're getting out of control or posing a threat, to them or the plane, they could simply engage a computer, press a button which would activate this bracelet, shocking and incapacitating you for as long as several minutes. "I guess the design was ... for any air passengers who would become a terrorist or be a terrorist," Denning told [CBS4-TV]. "The bracelet has a capacity to shock ... whoever is wearing it kind of like a police 'taser.'"
Note: What will they think of next? To watch this revealing CBS news broadcast, click here.
Most parents have never heard of him, but Joseph Biederman of Harvard may be the United States' most influential doctor when it comes to determining whether their children are normal or mentally ill. In 1996, for example, Biederman suggested that drugs like Ritalin might serve 10 percent of American kids for Attention Deficit Hyperactivity Disorder. By 2004, one in nine 11-year-old boys was taking the drug. Biederman and his team also are more responsible than anyone for a child bipolar epidemic sweeping America (and no other country) that has 2-year-olds on three or four psychiatric drugs. The science of children's psychiatric medications is so primitive and Biederman's influence so great that when he merely mentions a drug during a presentation, tens of thousands of children within a year or two will end up taking that drug, or combination of drugs. This happens in the absence of a drug trial of any kind - instead, the decision is based upon word of mouth among the 7,000 child psychiatrists in America. That's why [the] recent revelation that Biederman did not declare $1.6 million in drug company consulting fees is so important, scary and tragic. American medicine, with psychiatry the most culpable, has fallen back to a time more than 100 years ago. Now once again, drug company money is corrupting medical practice and the maintenance of our country's health. Virtually all doctors who receive drug company money say they are not influenced, but every independent study examining the effects of such money says they are.
Note: For lots more on health issues from reliable, verifiable sources, click here.
The U.S. military bankrolled early development of a non-lethal microwave weapon that creates sound inside your head. The project is known as MEDUSA a contrived acronym for Mob Excess Deterrent Using Silent Audio. And it should not be confused with the Long Range Acoustic Device and similar gadgets which simply project sound. This one uses the so-called "microwave auditory effect": a beam of microwaves is turned into sound by the interaction with your head. Nobody else can hear it unless they are in the beam as well. The idea (dubbed "the telepathic ray gun") was mentioned in a 1998 US Army study, which turned up in a recent Freedom of Information Act document dump. Five years later, the Navy decided to put some R&D dollars into the project. Now ... Dr. Lev Sadovnik of the Sierra Nevada Corporation has provided more details. There are health risks, he notes. The biggest issue from the microwave weapon is ... the risk of brain damage from the high-intensity shockwave created by the microwave pulse. A device that delivered a lethal shockwave inside the target's skull might make an effective death ray. Dr. Sadovnik also makes the intriguing suggestion that ... it might be used at low power to produce a whisper that was too quiet to perceive consciously but might be able to subconsciously influence someone. Sadovnik even suggests subliminal advertising, beaming information that is not consciously heard (a notion also spotted on the US Army's voice-to-skull page).
Note: This 20 minute CNN Special Report on electromagnetic frequency weapons from 1985 shows some of what this technology was known to be capable of over 30 years ago. Recent incidents in Cuba and China suggest the possibility that much more advanced forms of acoustic or electromagnetic weapons are currently in use. For more along these lines, see concise summaries of deeply revealing non-lethal weapons news articles from reliable major media sources.
Nearly seven years after the terrible events of that September day, the US authorities are due to publish the final report on a third tower that also collapsed on 9/11. Unlike the Twin Towers, this 47-storey, 610-foot skyscraper was not hit by a plane. The official explanation is that ordinary fires were the main reason for the collapse of Tower 7. That makes this the first and only tall skyscraper in the world to have collapsed because of fire. Yet despite that all the thousands of tonnes of steel from the building were carted away and melted down. The way official bodies have investigated Tower 7 at the World Trade Center has made some people think they're hiding something. Its destruction was never mentioned in the 9/11 Commission Report. An inquiry by the Federal Emergency Management Agency said the building collapsed because intense fires had burned for hours, fed by thousands of gallons of diesel stored in the building for emergency generators. But its report said this had "only a low probability of occurrence" and more work was needed. That was in May 2002. The task has now fallen to the National Institute of Standards and Technology (NIST) based at a sprawling campus near Washington DC. For more than two-and-a-half years, scientists there have been studying Tower 7. The officials have been criticised for being slow and even of being frightened to publish. Steven Jones, a former physics professor at Brigham Young University, who has become [a] leading academic voice in the movement, first watched a video of the collapse of Tower 7 in the spring of 2005. But when he did, he said he was taken aback as a physicist.
Note: For a two-page summary of some unanswered questions about what really happened on 9/11, click here.
World Trade Center Building 7 has become the subject of heated speculation and a host of conspiracy theories suggesting it was brought down by a controlled demolition. And some people suggest it was not just the government and foreign intelligence, but ... even the media that were involved. It is certainly true that on 9/11 the BBC broadcast that WTC7 had collapsed when it was still standing. Then the satellite transmission seemed to cut out mysteriously when the correspondent was still talking. Then [head of BBC News] Richard Porter admitted in his blog last year that the BBC had lost those key tapes of BBC World News output from the day. The internet movie Loose Change has been viewed by more than 100 million people according to its makers and it asks this question in the latest film release: "Where did CNN and the BBC get their information especially considering the building was still standing directly behind their reporters?" It turns out that the respected news agency Reuters picked up an incorrect report and passed it on. They have issued this statement: "On 11 September 2001 Reuters incorrectly reported that one of the buildings at the New York World Trade Center, 7WTC, had collapsed before it actually did. The report was picked up from a local news story and was withdrawn as soon as it emerged that the building had not fallen." And the reason the interview with the BBC correspondent, Jane Standley, ended so abruptly? The satellite feed had an electronic timer, which cut out at 1715 exactly.
Note: How many "coincidences" does it take for people to start to ask questions? How could people know that the building was going to collapse when a skyscraper had never collapsed before from fire? For a useful BBC FAQ on 9/11 alternative theories, click here.
The new Web video from Matt Harding, accidental professional dancer, is up, and it is spectacular, a cry of life and brotherhood and joy. As Harding toured the world ... filming the third installment in his "Where the Hell Is Matt?" video series, you might have thought that the trick would have played itself out. An ordinary guy doing a kind of running-in-place dance at 69 earthly locales with an ethereal song as soundtrack shouldn't be endlessly endearing and deeply inspiring. But this music-video-length wonder works in surprising ways, especially amid the predominantly crass environment of YouTube. Part of the charm of the video (also at Harding's own wherethehellismatt.com) is his new twist for it. At each stop on his latest set of travels, Harding invited locals to come dance with him. In Chicago, that meant more than 100 people bobbed up and down in front of The Bean sculpture. In Poria, Papua New Guinea, it was a handful of people in full tribal garb accompanying Harding. The collection of disparate peoples doing essentially the same pointless yet joyful thing is a reminder of what's universal in humankind. The teasing glimpse of so many gorgeous spots is a goad to renew your own passport and get moving. Part of the charm comes from the unadorned simplicity of Harding himself—he just looks damned happy to be wherever he is—and the delight that is his story. A video game designer disaffected by the industry's trend toward violence, he quit his job in early 2003 and began traveling. At the suggestion of a friend, he used the video function of a point-and-shoot digital camera and taped himself dancing at all his stops.
Note: Don't miss Matt's inspiring five-minute video available here. For a New York Times article on this fun piece, click here.
Charlie Black, senior adviser to John McCain, caused a fluff by saying that a terrorist attack on U.S. soil would be a "big advantage" to his candidate. No one mentioned that eight years ago, the Project for a New American Century called for "a new Pearl Harbor" that could move the American people to accept the neoconservative vision of militarized global domination. Then 9/11 happened, lifting George W. Bush from the shadows of a disputed election to the heights of a "war presidency." Bush has taken on unprecedented powers since the events of 9/11. On that day, the president issued his "Declaration of Emergency by Reason of Certain Terrorist Attacks" under the authority of the National Emergencies Act. This declaration, which can be rescinded by joint resolution of Congress, has instead been extended six times. In 2007, the declaration was quietly strengthened with the issuance of National Security Presidential Directive 51, which gave the president the authority to do whatever he deems necessary in a vaguely defined "catastrophic emergency," including everything from canceling elections to suspending the Constitution to launching a nuclear attack. Not a single congressional hearing was held on this directive. Will Congress act decisively to remove the president's emergency powers, challenge the directive and defend the Constitution?
[California] Assemblywoman Mary Hayashi had no intention of voting for AB2818, a bill that the Castro Valley Democrat feared could undermine its stated goal of protecting affordable housing. But on May 28, she nearly approved it - without her knowledge, and without her presence on the Assembly floor. As the roll call began, Hayashi was engaged in a budget subcommittee meeting on the Capitol's fourth floor. Suddenly, two floors below, the light next to her name on the big electronic voting board in the Assembly chamber turned green, a "yes" vote. Seconds later, it turned red. Then green. Red. Green. Finally, after 22 seconds of alternating colors, the space next to Hayashi's name went blank. While there are conflicting accounts of exactly what caused this dizzying sequence, this much is clear: Two people had their hands on Hayashi's voting switches during the roll call on AB2818 - and one was acting against her will. "Ghost voting" was not the only disturbing episode as the Assembly took up 316 bills in the three days leading up to the deadline for measures to pass their house of origin. In the frenzied treadmill, there was little or no debate on most matters, important bills died when legislators failed to vote, and votes were being cast for members without their express consent. In the Hayashi case, eyewitnesses said her initial "yes" vote was cast by Assemblyman Kevin de León, D-Los Angeles, an assistant majority floor leader who colleagues said had taken the liberty of voting for other missing members as bills were being rushed to beat the deadline. "I don't recall it, but I don't deny it either," de León said.
Note: For lots more on problems with voting systems, click here.
Hedge funds and big Wall Street banks are taking advantage of loopholes in federal trading limits to buy massive amounts of oil contracts, ... helping to push oil prices to record highs. The federal agency that oversees oil trading, the Commodity Futures Trading Commission, has exempted these firms from rules that limit speculative buying. The CFTC has also waived regulations over the past decade on U.S. investors who trade commodities on some overseas markets, freeing those investors to accumulate large quantities of the future oil supply by making purchases on lightly regulated foreign exchanges. Over the past five years, investors have become such a force on commodity markets that their appetite for oil contracts has been equal to China's increase in demand over the same period, said Michael Masters, a hedge fund manager who testified before Congress on the subject last month. The commodity markets, he added, were never intended for such large financial players. Commodities have become especially enticing to investors as the credit crisis has roiled other investment opportunities such as stocks and debt-related securities. The recent flood of investment money has transformed the markets for oil, as well as uranium, wheat, cotton and other goods, into a volatile realm that some insiders call the Wild West of Wall Street. Michael Greenberger, a professor at the University of Maryland and former CFTC commissioner, said there were loopholes the agency could close without much effort. "There's smoke here, and the CFTC hasn't wanted to look if there's a fire," he said. "But these are dark markets. They don't even know who's doing the trading."
Note: For revealing reports on financial corruption and criminality from major media sources, click here.
Sirhan Sirhan, convicted of killing Robert F. Kennedy 40 years ago this week in the Ambassador Hotel in Los Angeles, is living out his days in the California state prison at Corcoran. He is 64 and has never fully explained what happened that night other than to say he can't remember it. "The interesting thing is how under-examined the Robert Kennedy assassination is, compared to President Kennedy and Martin Luther King Jr.," said David Talbot of San Francisco, author of Brothers, a book that looks into Robert Kennedy's own investigation into his brother's death and his conviction that JFK was the victim of a conspiracy. "Bobby remains the unknown territory," Talbot said. "But even if you look at it minimally, there are questions that come to mind." Over the years, Sirhan has told investigators who interviewed him in prison that he was in a hypnotic trance during the shooting and can't remember it at all. William Turner, a retired FBI agent who wrote a book about the case, ... thinks Sirhan was "hypno-programmed to shoot" and that he was a real-life Manchurian Candidate - [a] brainwashed dupe whose controllers want to assassinate a presidential candidate. Turner suspects the same villains as do the JFK conspiracy theorists - "organized crime and, predominantly, people from the CIA." [Philip Van Praag, a retired electrical engineer and audio expert,] and a fellow investigator, former American Academy of Forensic Scientists president Robert Joling, ... have written a book about the killing, whose title, An Open and Shut Case, is a dig at the police investigation. Joling says an "independent panel of forensic scientists" should be created to "reinvestigate this matter on all the evidence."
Note: To listen to a highly revealing presentation by Sirhan's lawyer, Lawrence Teeter, on the many lines of evidence proving Sirhan was not a lone gunman, click here. For further revealing reports on major political assassinations, click here.
Who rules the world? The rise of nation states produced national ruling classes. It would be odd if the current integration of the world economy did not produce new global elites — business people and financiers who run global companies and global politicians who steer supra-national organisations such as the European Union (EU) and the International Monetary Fund. David Rothkopf, a visiting scholar at the Carnegie Endowment for International Peace, argues that these elites constitute nothing less than a new global “superclass”. They have all the clubby characteristics of the old national ruling classes, but with the vital difference that they operate on the global stage, far from mere national electorates. They attend the same universities. They are groomed in a handful of world-spanning institutions such as Goldman Sachs. They belong to the same clubs — the Council on Foreign Relations in New York is a particular favourite — and sit on each other's boards of directors. Many of them shuttle between the public and private sectors. They meet at global events such as the World Economic Forum at Davos and the Trilateral Commission or — for the crčme de la crčme — the Bilderberg meetings or the Bohemian Grove seminars that take place every July in California. Mr Rothkopf is anything but a crank, and he is right when he says that, these days, the most influential people around the world are also the most global people. He is also admirably ambivalent about his subject. He worries about surging inequality — the richest 1% of humans own 40% of the planet's wealth — and about the rumbling backlash against so much unaccountable power.
Note: For reliable, verifiable information the secret societies of which the global elite are a part, click here. Superclass: The Global Power Elite and the World They Are Making by David Rothkopf is available here.
[In] speaking [with New York Federal Reserve Bank president Timothy] Geithner while I was doing the research for my recently published book Superclass, he sketched in fascinating detail how the world's power elite rallies when the markets quake. Recalling an earlier crisis in global securities markets that he helped to manage, Geithner said the Fed brought together the leaders of the world's 14 major financial firms, from five countries, representing 95 percent of all the activity in global markets. The Swiss were there, the Germans were there, the British were there. Goldman Sachs chairman and CEO Lloyd Blankfein "jokingly called them 'the 14 families,' like in 'The Godfather'," says Geithner. "And we said to them, 'You guys have got to fix this problem. Tell us how you are going to fix it and we will work out some basic regime.' You ... need a critical mass of the right players. It is a much more concentrated world." Geithner's description of the financial elite in crisis mode came many months before the recent meltdown of Bear Stearns, yet foreshadowed [it] in an uncanny way. The people ... described by Geithner, plus a few thousand more like them, not only in business and finance, but also politics, the arts, the nonprofit world and other realms, are part of a new global elite that has emerged over the past several decades. I call it the "superclass." They have vastly more power than any other group on the planet. Each of the members is set apart by his ability to regularly influence the lives of millions of people in multiple countries worldwide. Each actively exercises this power, and often amplifies it through the development of relationships with other superclass members.
Note: For many revealing stories from reliable sources on secret societies of the world's most powerful people, click here.
The internet could soon be made obsolete by a new "grid" system which is 10,000 times faster than broadband connections. Scientists in Switzerland have developed a lightning-fast replacement to the internet that would allow feature films and music catalogues to be downloaded within seconds. The latest spin-off from CERN, the particle physics centre that created the internet, the grid could also provide the power needed to send sophisticated images; allow instant online gaming with hundreds of thousands of players; and offer high-definition video telephony for the price of a local call. David Britton, professor of physics at Glasgow University and a leading figure in the grid project, believes grid technology could change society. He said: "With this kind of computing power, future generations will have the ability to collaborate and communicate in ways older people like me cannot even imagine." The power of the grid will be unlocked this summer with the switching on of the Large Hadron Collider (LHC), a new particle accelerator designed to investigate how the universe began. The grid will be turned on at the same time to store the information it generates, after scientists at CERN, based near Geneva, realised the internet would not have the capacity to capture such huge volumes of data. The grid has been built with fibre optic cables and modern routing centres, meaning there are no outdated components to slow the deluge of data, unlike the internet. There are 55,000 grid servers already installed, a figure which is expected to rise to 200,000 within the next two years. Britain has 8,000 servers on the grid system, meaning access could be available to universities as early as this autumn.
Thirty pages into a memorandum discussing the legal boundaries of military interrogations in 2003, senior Justice Department lawyer John C. Yoo tackled a question not often asked by American policymakers: Could the president, if he desired, have a prisoner's eyes poked out? Or, for that matter, could he have "scalding water, corrosive acid or caustic substance" thrown on a prisoner? How about slitting an ear, nose or lip, or disabling a tongue or limb? What about biting? These assaults are all mentioned in a U.S. law prohibiting maiming, which Yoo parsed as he clarified the legal outer limits of what could be done to terrorism suspects as detained by U.S. authorities. The specific prohibitions, he said, depended on the circumstances or which "body part the statute specifies." But none of that matters in a time of war, Yoo also said, because federal laws prohibiting assault, maiming and other crimes by military interrogators are trumped by the president's ultimate authority as commander in chief. In the sober language of footnotes, case citations and judicial rulings, the memo explores a wide range of unsavory topics, from the use of mind-altering drugs on captives to the legality of forcing prisoners to squat on their toes in a "frog crouch." It repeats an assertion in another controversial Yoo memo that an interrogation tactic cannot be considered torture unless it would result in "death, organ failure or serious impairment of bodily functions." Yoo, who is now a law professor at the University of California at Berkeley, also uses footnotes to effectively dismiss the Fourth and Fifth amendments to the Constitution, arguing that protections against unreasonable search and seizure and guarantees of due process either do not apply or are irrelevant in a time of war. He frequently cites his previous legal opinions to bolster his case.
The Justice Department concluded in October 2001 that military operations combating terrorism inside the United States are not limited by Fourth Amendment protections against unreasonable searches and seizures, in one of several secret memos containing new and controversial assertions of presidential power. The memo, sent on Oct. 23, 2001, to the Defense Department and the White House by the Office of Legal Counsel, focused on the rules governing any deployment of U.S. forces inside the country "in the event of further large-scale terrorist activities." Administration officials declined to detail what domestic military operations were being contemplated at the time. The memo has not been formally withdrawn. The Fourth Amendment assertion is one of several far-reaching legal arguments revealed by the disclosure Tuesday of a 2003 Justice Department memo that authorized harsh military interrogations. In its footnotes, asides and central text, that 81-page memo asserted nearly unlimited presidential powers during a time of war. The document disclosed, for example, that the administration's top lawyers had declared that the president has unfettered power to seize oceangoing ships as commander in chief; that Congress has no ability to pass legislation governing the interrogations of enemy combatants; and that federal laws prohibiting assault and other crimes did not apply to military interrogators. One section discussed to what extent the president might be allowed to legally maim a prisoner, such as through the use of a "scalding, corrosive, or caustic substance." A footnote argued that Fifth Amendment guarantees of due-process rights "do not address actions the Executive takes in conducting a military campaign against the Nation's enemies."
Note: For further disturbing reports on threats to civil liberties, click here.
"In our view, however, derivatives are financial weapons of mass destruction, carrying dangers that, while now latent, are potentially lethal." That warning was in [Warren] Buffett's 2002 letter to Berkshire shareholders. He saw a future that many others chose to ignore. Wall Street didn't listen to Buffett. Derivatives grew into a massive bubble, from about $100 trillion to $516 trillion by 2007. Despite Buffett's clear warnings, a massive new derivatives bubble is driving the domestic and global economies, a bubble that continues growing today parallel with the subprime-credit meltdown triggering a bear-recession. Data on the five-fold growth of derivatives to $516 trillion in five years comes from the most recent survey by the Bank of International Settlements, the world's clearinghouse for central banks in Basel, Switzerland. Keep in mind that while the $516 trillion "notional" value (maximum in case of a meltdown) of the deals is a good measure of the market's size, the 2007 BIS study notes that the $11 trillion "gross market values provides a more accurate measure of the scale of financial risk transfer taking place in derivatives markets." The fact is, derivatives have become the world's biggest "black market," exceeding the illicit traffic in stuff like arms, drugs, alcohol, gambling, cigarettes, stolen art and pirated movies. Why? Because like all black markets, derivatives are a perfect way of getting rich while avoiding taxes and government regulations. And in today's slowdown, plus a volatile global market, Wall Street knows derivatives remain a lucrative business.
Note: $516 trillion is equivalent to $75,000 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.
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.