News ArticlesExcerpts of Key News Articles in Major Media
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Wachovia [Bank] ... made a habit of helping move money for Mexican drug smugglers. San Francisco's Wells Fargo & Co., which bought Wachovia in 2008, has admitted in court that its unit failed to monitor and report suspected money laundering by narcotics traffickers - including the cash used to buy four planes that shipped a total of 22 tons of cocaine. The admission ... sheds light on the largely undocumented role of U.S. banks in contributing to the violent drug trade that has convulsed Mexico for the past four years. Wachovia admitted it didn't do enough to spot illicit funds in handling $378.4 billion for Mexican currency exchange houses from 2004 to 2007. That's the largest violation of the Bank Secrecy Act, an anti-money-laundering law, in U.S. history - a sum equal to one-third of Mexico's current gross domestic product. "Wachovia's blatant disregard for our banking laws gave international cocaine cartels a virtual carte blanche to finance their operations," said Jeffrey Sloman, the federal prosecutor who handled the case. "It's the banks laundering money for the cartels that finances the tragedy," said Martin Woods, director of Wachovia's anti-money-laundering unit in London from 2006 to 2009. Woods says he quit the bank in disgust after executives ignored his documentation that drug dealers were funneling money through Wachovia's branch network. "If you don't see the correlation between the money laundering by banks and the 22,000 people killed in Mexico, you're missing the point," he said.
Note: For abundant reports from reliable sources on the many dubious ways in which major financial firms make their profits, click here.
The Vatican on [June 28] issued an unprecedented rebuke of a top cardinal who had accused the retired Vatican No. 2 of blocking clerical sex abuse investigations, publicly dressing down a man who had been praised for his criticism of church abuse cover-ups. The silencing of Cardinal Christoph Schoenborn, the archbishop of Vienna and long considered a papal contender, drew heated criticism from clerical abuse victims. They said the Vatican should be honoring Schoenborn, not publicly humiliating him, for his calls for greater transparency and demands for a crackdown on priests who rape and sodomize children. Schoenborn has also called for an open discussion of priestly celibacy, views that the Vatican said he "clarified" on Monday during an audience with the pope. Schoenborn had accused the former Vatican secretary of state, Cardinal Angelo Sodano, in April of blocking a church investigation into the late Austrian Cardinal Hans Hermann Groer, who was accused by victims in 1995 of abusing boys at a seminary. "With his words, Benedict professes concern for victims. But by his actions, Benedict shows concern for his colleagues," said David Clohessy, executive director of SNAP, the Survivors Network of those Abused by Priests.
Note: For more on sex crimes and the Vatican, click here.
Documents gathered by lawyers for the families of Sept. 11 victims provide new evidence of extensive financial support for Al Qaeda and other extremist groups by members of the Saudi royal family, but the material may never find its way into court because of legal and diplomatic obstacles. The case has put the Obama administration in the middle of a political and legal dispute, with the Justice Department siding with the Saudis in court last month in seeking to kill further legal action. Adding to the intrigue, classified American intelligence documents related to Saudi finances were leaked anonymously to lawyers for the families. The Justice Department had the lawyers’ copies destroyed and now wants to prevent a judge from even looking at the material. Two federal judges and the Second Circuit Court of Appeals have already ruled against the 7,630 people represented in the lawsuit, made up of survivors of the attacks and family members of those killed, throwing out the suit on the ground that the families cannot bring legal action in the United States against a sovereign nation and its leaders. The Supreme Court is expected to decide this week whether to hear an appeal, but the families’ prospects dimmed last month when the Justice Department sided with the Saudis in their immunity claim and urged the court not to consider the appeal.
Note: For many questions about the relationship between powerful Saudis, the US government and the events of 9/11, click here.
Former US lobbyist Jack Abramoff, who was jailed on corruption charges in 2006, has landed a job in a kosher pizza restaurant. Mr Abramoff was released into a halfway house in Baltimore two weeks ago after serving more than three years for fraud, corruption and conspiracy. The halfway house arranged Mr Abramoff's new job. Mr Abramoff's crimes include a fraudulent deal to buy casino boats and conspiring to bribe public officials. As a millionaire and lobbyist, his network reached deep into Washington's political establishment, and his investigation sent shockwaves through the city. It also sparked off a wide-ranging public corruption probe. As part of his plea deal, Mr Abramoff provided information to the Justice Department that helped convict a member of Congress for taking bribes. A former Deputy Secretary of the Interior appointed by President George W Bush - J Steven Griles - was the highest level administration official convicted. Mr Abramoff is expected to be released from the halfway house in December.
Note: A petty thief steals three times for a total value of a few thousand dollars and by the "three strikes" law ends up in jail for life. Abramoff successfully corrupts U.S. Senators and Congress members and serve less than four years in jail. Is the US justice system biased towards the rich?
Lawmakers writing the biggest overhaul of financial regulations since the Great Depression may have a stake in the outcome. Eight of 11 senators and six of 22 House members on a conference committee writing the final legislation own stocks in financial companies affected by the legislation, disclosure statements released yesterday show. One senator and nine representatives who also sit on the committee got extensions of the filing deadline and haven't yet disclosed their holdings. "It's always a concern that personal interests influence legislation," said Lisa Gilbert, a lobbyist for the U.S. Public Interest Research Group, a Boston-based organization pushing for stronger financial regulations. Senator Judd Gregg of New Hampshire reported Bank of America stock holdings and a savings account valued between $1 million and $5 million. The 43 negotiators are trying to iron out differences between the House and Senate versions of the legislation as they respond to an economic crisis that forced the U.S. to provide $700 billion in bailout funds for New York-based Citigroup Inc. ... Bank of America Corp. and other banks.
Note: For abundant reports from reliable sources on government corruption, click here.
Hired in 2001 by the National Security Agency to help it catch up with the e-mail and cellphone revolution, Thomas A. Drake became convinced that the government's eavesdroppers were squandering hundreds of millions of dollars on failed programs. He contacted a reporter for The Baltimore Sun. Today, because of that decision, Mr. Drake, 53, ... faces years in prison on 10 felony charges involving the mishandling of classified information and obstruction of justice. The indictment of Mr. Drake was the latest evidence that the Obama administration is proving more aggressive than the Bush administration in seeking to punish unauthorized leaks. In 17 months in office, President Obama has already outdone every previous president in pursuing leak prosecutions. His administration has taken actions that might have provoked sharp political criticism for his predecessor, George W. Bush. Mr. Drake was charged in April; in May, an F.B.I. translator was sentenced to 20 months in prison for providing classified documents to a blogger; this week, the Pentagon confirmed the arrest of a 22-year-old Army intelligence analyst suspected of passing a classified video of an American military helicopter shooting Baghdad civilians to the Web site Wikileaks.org.
Note: For key reports from reliable sources on government secrecy, click here.
When the operators of Southern Seaplane in Belle Chasse, La., called the local Coast Guard-Federal Aviation Administration command center for permission to fly over restricted airspace in [the] Gulf of Mexico, they made what they thought was a simple and routine request. A pilot wanted to take a photographer from The Times-Picayune of New Orleans to snap photographs of the oil slicks blackening the water. The response from a BP contractor who answered the phone late last month at the command center was swift and absolute: Permission denied. "We were questioned extensively. Who was on the aircraft? Who did they work for?" recalled Rhonda Panepinto, who owns Southern Seaplane with her husband, Lyle. "The minute we mentioned media, the answer was: â€Not allowed.' " Journalists struggling to document the impact of the oil rig explosion have repeatedly found themselves turned away from public areas affected by the spill, and not only by BP and its contractors, but by local law enforcement, the Coast Guard and government officials. Scientists, too, have complained about the trickle of information that has emerged from BP and government sources. Three weeks passed, for instance, from the time the Deepwater Horizon oil rig exploded on April 20 and the first images of oil gushing from an underwater pipe were released by BP.
Note: For revealing reports from major media sources on government and corporate corruption and collusion, click here and here.
The Department of Defense announced that Specialist [Bradley] Manning, of Potomac, Md., had been arrested and was under investigation [for leaking a video of a US helicopter attack on civilians in Baghdad to a whistleblower website, Wikileaks]. The leak of the helicopter video, which Wikileaks titled "Collateral Murder," caused serious consternation at the Pentagon, where senior officials are increasingly concerned about technology that makes it easier to anonymously post documents, photographs and videos online. But opponents of the Iraq war have said that the video provided irrefutable evidence of a military blunder, and that it should not have been classified. The episode also drew wide attention to Wikileaks, a once-fringe Web site that aims to bring to light secret information about governments and corporations. It was founded three years ago by Julian Assange, an Australian activist and journalist, and has published documents about toxic dumping in Africa, protocols from Guantánamo Bay and e-mail messages from Sarah Palin's personal account.
Note: In case the above video disappears, click here to view it on one of our websites. The only reason this event made news is because the two cameramen killed were Reuters staff. US forces then fired on an unarmed van with children in it, which was attempting to bring the dead and wounded out of the combat zone. How many innocent civilians are killed like this and never make the news? Please spread this important video and help others to wake up and work together to stop the cruelty of some of the US forces. The Pentagon is working hard to shut down Wikileaks, the organization which secured this powerful video.
After half a century of investigation, a former nuclear physicist -- who worked on fission and fusion rockets for companies like Westinghouse and Aerojet General Nucleonics -- is convinced that not only are UFOs real, the government has known about them since 1947. "Some UFOs are intelligently controlled extraterrestrial spacecraft," Stanton Friedman told AOL News, calling the vast cover-up of their existence "the biggest story of the millennium." In 1958, UFOs caught his attention, and Friedman has since lectured about this subject at more than 700 colleges and professional groups in all 50 states and around the world. "After 53 years of investigation, I'm convinced we're dealing here with a cosmic Watergate," he [said]. "That means a few people within major governments have known since at least 1947 that some UFOs are alien spacecraft." In Friedman's new book, Science Was Wrong: Startling Truths About Cures, Theories, and Inventions "They" Declared Impossible, co-authored with Kathleen Marden, he wrote, "There's been no shortage of strong, negative proclamations from debunking groups and individuals who refuse to examine the evidence ... to support the notion that some UFOs are of extraterrestrial origin.
Note: For the full article at AOL News, click here.
Ordinary citizens can only guess at the goings-on at the annual meeting of the secretive Bilderberg Group, a media-barred pow-wow of the global elite that in the past has reportedly attracted former US President Bill Clinton, Tony Blair and David Cameron, and US treasury secretary Timothy Geithner. The heavyweight weekend retreat kicked off yesterday with hordes of police security and a gag order for employees at the luxury Dolce. None of the illustrious guests posed for photos or spouted prepared statements for the media. Instead, activists, journalists and bloggers attempted to stake out positions in the surrounding hills to catch glimpses of this year's participants, guerrilla-warrior style. The cloak-and-dagger theorists scored a point this week when ... Daniel Estulin addressed the European Parliament on the invitation of an Italian member, Mario Borghezio. Mr Estulin, an investigative journalist who has written two best-selling books on the subject, contends that "the Bilderberg Club" is not a classic conspiracy but a potentially dangerous meeting of minds with a common goal: to centralise global economic power to benefit corporations. He defined it as "a virtual spider web of interlocking financial, political and industrial interests". "It isn't a secret society," he said. "No matter how powerful they are, no group sits around a table holding hands and deciding the world's future. It is an ideology."
Note: Why is there so little reporting on this influential group in the major media? Thankfully, the alternative media has had some good articles. And a Google search can be highly informative. For many other revealing news articles from major media sources on powerful secret societies, click here. And for reliable information covering the big picture of how and why these secret societies are using government-sponsored mind control programs to achieve their agenda, click here.
The Obama administration has significantly expanded a largely secret U.S. war against al-Qaeda and other radical groups, according to senior military and administration officials. Special Operations forces have grown both in number and budget, and are deployed in 75 countries, compared with about 60 at the beginning of last year. In addition to units that have spent years in the Philippines and Colombia, teams are operating in Yemen and elsewhere in the Middle East, Africa and Central Asia. Plans exist for preemptive or retaliatory strikes in numerous places around the world. Obama, one senior military official said, has allowed "things that the previous administration did not." Special Operations commanders have also become a far more regular presence at the White House than they were under George W. Bush's administration. The Special Operations capabilities requested by the White House go beyond unilateral strikes and include the training of local counterterrorism forces and joint operations with them. Obama has made such forces a far more integrated part of his global security strategy. He has asked for a 5.7 percent increase in the Special Operations budget for fiscal 2011, for a total of $6.3 billion, plus an additional $3.5 billion in 2010 contingency funding.
Note: For an analysis, click here. For lots more from reliable sources about the war crimes committed ongoingly by the US military and Special Forces worldwide, click here.
Israel was tonight under pressure to allow an independent inquiry into its assault on the Gaza aid flotilla after autopsy results on the bodies of those killed, obtained by the Guardian, revealed they were peppered with 9mm bullets, many fired at close range. Nine Turkish men on board the Mavi Marmara were shot a total of 30 times and five were killed by gunshot wounds to the head, according to the vice-chairman of the Turkish council of forensic medicine, [Yalcin Buyuk]. The results revealed that a 60-year-old man, Ibrahim Bilgen, was shot four times in the temple, chest, hip and back. A 19-year-old, named as Fulkan Dogan, who also has US citizenship, was shot five times from less that 45cm, in the face, in the back of the head, twice in the leg and once in the back. Two other men were shot four times, and five of the victims were shot either in the back of the head or in the back. The new information about the manner and intensity of the killings undermines Israel's insistence that its soldiers opened fire only in self defence and in response to attacks by the activists. "Given the very disturbing evidence which contradicts the line from the Israeli media and suggests that Israelis have been very selective in the way they have addressed this, there is now an overwhelming need for an international inquiry," said Andrew Slaughter MP, a member of the all party group on Britain and Palestine.
Scientists who drew up the key World Health Organisation guidelines advising governments to stockpile drugs in the event of a flu pandemic had previously been paid by drug companies which stood to profit. An investigation by the British Medical Journal and the Bureau of Investigative Journalism, the not-for-profit reporting unit, shows that WHO guidance issued in 2004 was authored by three scientists who had previously received payment for other work from Roche, which makes Tamiflu, and GlaxoSmithKline (GSK), manufacturer of Relenza. Pharmaceutical companies banked more than $7bn (�4.8bn) as governments stockpiled drugs. "The tentacles of drug company influence are in all levels in the decision-making process," said Paul Flynn, the Labour MP who sits on the council's health committee. Although the experts consulted made no secret of industry ties in other settings, declaring them in research papers and at universities, the WHO itself did not publicly disclose any of these in its seminal 2004 guidance.
Note: For wide coverage from reliable sourcesof the swine and avian flu "fake pandemics" designed for corporate profit, click here.
Secret South African documents reveal that Israel offered to sell nuclear warheads to the apartheid regime, providing the first official documentary evidence of [Israel's] possession of nuclear weapons. The "top secret" minutes of meetings between senior officials from the two countries in 1975 show that South Africa's defence minister, PW Botha, asked for the warheads and Shimon Peres, then Israel's defence minister and now its president, responded by offering them "in three sizes". The two men also signed a broad-ranging agreement governing military ties between the two countries that included a clause declaring that "the very existence of this agreement" was to remain secret. The documents, uncovered by an American academic, Sasha Polakow-Suransky ... provide evidence that Israel has nuclear weapons despite its policy of "ambiguity" in neither confirming nor denying their existence. The Israeli authorities tried to stop South Africa's post-apartheid government declassifying the documents at Polakow-Suransky's request.
Note: A New York Times article states that Isreal has strongly denied this story. Yet even this articles states, "Israel has a longstanding policy of nuclear ambiguity, neither confirming nor denying that it has nuclear weapons, though it is widely believed to have developed a large arsenal."
The United States must curb consumption and credit and boost production and savings, but its citizens and leaders so far lack the will to change, economist Paul Volcker said. Volcker, 82, an adviser to the Obama administration, ... said the United States spiraled toward the Great Recession through an excess of debt that subsidized an appetite for consumer goods, many of them imported. The chief bugaboo, in Volcker's view, was a runaway financial sector that ... became a factory to make money by manipulating money. He said under-regulated financiers made big profits and bonuses by swapping derivatives and other exotic instruments that produced few of the widespread benefits - like better jobs and wages - that normally flow from investment. Now that this financial house of cards has collapsed, Volcker said, U.S. and world leaders must figure out how to stop powerful mega-banks and hedge funds from engaging in the same shenanigans that forced taxpayers to bail them out to prevent further catastrophe. "The central issue with which we have been grappling is the doctrine of 'too big to fail,' " Volcker said, alluding to how the United States bailed out institutions like insurer AIG to prevent their collapse from further damaging the economy.
Note: For a great collection of reports from major media sources on the hidden realities of the Wall Street crisis and the government bailout of big finance, click here.
It is the Wall Street equivalent of a perfect game of baseball — 27 up, 27 down, the final score measured in millions of dollars a day. Despite the running unease in world markets, four giants of American finance managed to make money from trading every single day during the first three months of the year. Their remarkable 61-day streak is one for the record books. Perfect trading quarters on Wall Street are about as rare as perfect games in Major League Baseball. But Bank of America, Citigroup, Goldman Sachs and JPMorgan Chase & Company produced the equivalent of four perfect games during the first quarter. Each one finished the period without losing money for even one day. Their showing ... underscored the outsize — and controversial — role that trading has assumed at major financial institutions. It also drives home the widening lead that a handful of big banks are enjoying over lesser rivals on post-bailout Wall Street. The four banks ... reaped big rewards without necessarily placing big bets that stocks or bonds would go up or down. “This is not about hitting home runs,” said Jaidev Iyer, who runs his own risk management consulting firm, J-Risk Advisors. “This is just, as we call it, milking the market and your captive client base.”
Note: For an astounding list on the Forbes website of the richest companies in the world by assets, click here. All of the top 10 companies are banks, with collective assets of over $22 trillion! Yet we as taxpayers continue to pay to bail them out when they have problems. Is something wrong with this picture? For a graphic representation of this, click here. And for an abundance of deep reporting in major media articles on the hidden realities of Wall Street's shadowy operations, click here.
Ten years and 1.5 billion Norwegian kroner ($252 million) in the making, [Halden Fengsel, Norway's newest prison,] is spread over 75 acres (30 hectares) of gently sloping forest in southeastern Norway. The facility boasts amenities like a sound studio, jogging trails and a freestanding two-bedroom house where inmates can host their families during overnight visits. The scent of orange sorbet emanates from the "kitchen laboratory" where inmates take cooking courses. "In the Norwegian prison system, there's a focus on human rights and respect," says Are Hoidal, the prison's governor. "We don't see any of this as unusual." Halden ... embodies the guiding principles of the country's penal system: that repressive prisons do not work and that treating prisoners humanely boosts their chances of reintegrating into society. "When they arrive, many of them are in bad shape," Hoidal says, noting that Halden houses drug dealers, murderers and rapists, among others. "We want to build them up, give them confidence through education and work and have them leave as better people." Within two years of their release, 20% of Norway's prisoners end up back in jail. In the U.K. and the U.S., the figure hovers between 50% and 60%.
Federal regulators warned offshore rig operators more than a decade ago that they needed to install backup systems to control the giant undersea valves known as blowout preventers, used to cut off the flow of oil from a well in an emergency. The warnings were repeated in 2004 and 2009. Yet the Minerals Management Service, the Interior Department agency charged both with regulating the oil industry and collecting royalties from it, never took steps to address the issue comprehensively, relying instead on industry assurances that it was on top of the problem, a review of documents shows. In the intervening years, numerous blowout preventers and their control systems have failed, though none as catastrophically as those on the well the Deepwater Horizon drilling rig was preparing when it blew up on April 20, leaving tens of thousands of gallons of oil a day spewing into the Gulf of Mexico. Agency records show that from 2001 to 2007, there were 1,443 serious drilling accidents in offshore operations, leading to 41 deaths, 302 injuries and 356 oil spills. Yet the federal agency continues to allow the industry largely to police itself. Critics say that, then and now, the minerals service has been crippled by this dependence on industry and by a climate of regulatory indulgence.
Note: For lots more from reliable souces on government corruption and collusion with industries it is supposed to be regulating, click here.
Americans are being "bombarded" with chemicals, gases and radiation that can cause cancer, and the federal government must do far more to protect them, presidential cancer advisers said. The panel said many avoidable cancers were also caused by pollution, radon from the soil and medical imaging scans. Since so little is known about the possible risks of cell phones, people would be prudent to wear headsets and make calls quickly ... the panel advised. "The panel was particularly concerned to find that the true burden of environmentally induced cancer has been grossly underestimated," they wrote in the report. It is the first time the panel has taken such a sharp turn into what had long been disputed territory — whether pollution, cell phones and even household objects, such as water bottles, can cause cancer. Cancer is the No. 2 killer of Americans, after heart disease. "The incidence of some cancers, including some most common among children, is increasing for unexplained reasons," the report reads. "With nearly 80,000 chemicals on the market in the United States, many of which are used by millions of Americans in their daily lives and are un- or understudied and largely unregulated, exposure to potential environmental carcinogens is widespread," it adds.
Note: To read the President's Cancer Panel report, Reducing Environmental Cancer Risk, click here. For many other important reports from major media sources on potential cancer cures and treatments, click here.
The CIA received secret permission to attack a wider range of targets, including suspected militants whose names are not known, as part of a dramatic expansion of its campaign of drone strikes in Pakistan's border region. The expanded authority, approved two years ago by the Bush administration and continued by President Obama, permits the agency to rely on what officials describe as "pattern of life" analysis ... to target suspected militants, even when their full identities are not known, the officials said. Previously, the CIA was restricted in most cases to killing only individuals whose names were on an approved list. Instead of just a few dozen attacks per year, CIA-operated unmanned aircraft now carry out multiple missile strikes each week against safe houses, training camps and other hiding places used by militants in the tribal belt bordering Afghanistan. "There are a lot of ethical questions here about whether we know who the targets are," said Loch Johnson, an intelligence scholar at the University of Georgia and a former congressional aide. President Bush secretly decided in his last year in office to expand the program. Obama has continued and even streamlined the process, so that CIA Director Leon E. Panetta can sign off on many attacks without notifying the White House beforehand, an official said.
Note: How can the CIA be allowed to kill people whose names aren't even known? Why are they allowed to kill anyone without some form of judicial process? For more on this secret and expanding CIA assassination program, click here. For analysis, 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.