News ArticlesExcerpts of Key News Articles in Major Media
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Lending by the banking industry fell by $587 billion, or 7.5 percent, in 2009, the largest annual decline since the 1940s, as the number of troubled financial institutions rose sharply, the Federal Deposit Insurance Corp. [has] reported. The FDIC considered 702 banks to be in some danger of failing as of the end of 2009, more than double the number at the beginning of the year. [FDIC Chairman Sheila C.] Bair said that the vast majority of the lending decline was the result of cutbacks by the nation's largest banks, which have tightened qualification standards for borrowers and increased the proportion of money that they hold in reserve against unexpected losses. The decline in lending is a looming issue as the economy begins to recover. But for the recovery to continue, for businesses to expand and employment to grow, lending must begin to expand, too. The decline also has become a major political issue amid broad public anger that the federal rescue of the banking industry has restored profitability but not the flow of loans. The FDIC [said] that the nation's 8,012 banks posted an aggregate profit of $12.5 billion in 2009. The largest banks accounted for most of those profits as a growing number of smaller banks have struggled to survive losses on commercial real estate loans.
Note: Wasn't the main purpose of the huge stimulus packages given to banks to increase lending? Where did those trillions go? For a treasure trove of revealing reports from major media sources on the realities of the banking bailouts that were supposedly intended to increase lending, click here.
Flying Toblerones, mysterious illnesses and silky-white substances are among hundreds of close encounters described in previously top-secret files released by the Ministry of Defence (MoD). More than 6,000 pages of material spanning from 1994 to 2000 holds hundreds of other-worldly experiences with unidentified flying objects (UFOs) and apparent aliens across Britain. Aircraft of all shapes and sizes have been witnessed flying over a wide range of locations. One man told police he was physically sick and developed a ''skin condition'' after an eerie ''tube of light'' enveloped his car in Ebbw Vale, in Wales, at 10.40pm on January 27 1997. Other highlights include: -- A man arrived at his Birmingham home at 4am on March 20, 1997, to discover an illuminated blue triangle hovering over his garden. The craft shot off leaving behind a ''silky-white'' substance on the tree-tops, which he collected in a jam-jar. -- A UFO sighted by Boston and Skegness police, in Lincolnshire, was captured on film. The police reported the sighting to the coastguard, who in turn alerted ships in North Sea - where a crew saw more UFOs. -- A letter from senior MoD official Ralph Noyes in which he describes seeing a film of UFOs captured by RAF fighter pilots in 1956. Mr Noyes claims the footage was shown at a secret underground screening arranged for Air Defence staff at the MoD Main Building in 1970.
Note: For a concise summary of key testimony on UFO sightings by highly-credible government and military officials, click here. For astonishing media reports revealing the existence of UFOs, click here. And for an excellent database compiled by a British police officer of intriguing UFO sightings reported by police, click here.
Former New York Police Commissioner Bernard Kerik, once selected to the U.S. Department of Homeland Security, was sentenced ... to four years in prison for tax evasion and lying to White House officials. Kerik, 54, who as head of the city's police worked closely with former Mayor Rudolph Giuliani at the time of the September 11, 2001 attacks, pleaded guilty to the federal charges in November. A former police detective, and once Giuliani's driver, Kerik headed the New York City jail system before taking charge of the police department in 2000. His career began to unravel during background checks when President George W. Bush nominated him in 2004 to become Secretary of Homeland Security. Kerik withdrew, but his legal troubles later embarrassed Giuliani in his unsuccessful bid for the 2008 Republican presidential nomination. Along with pleading guilty to lying and evading taxes, Kerik admitted receiving apartment renovations from a construction firm suspected of organized crime ties and helping the company win city contracts. The four-year sentence imposed ... exceeded the sentencing guidelines of less than three years, as laid out in Kerik's plea deal, but fell far short of the maximum possible term of 61 years.
Note: The NY City chief of police at the time of 9/11 is now in jail. The former head of the NASDAQ stock exchange, Bernie Madoff, is now in jail. Do you think there is corruption at the highest levels of government? How many more have engaged in gross corruption and gotten away with it? To see how deep it goes, click here.
More than 1,000 people in New Jersey and New York, many of them adolescent Orthodox Jews, have been sickened with mumps since August, health authorities said Monday. Almost all of those infected with the virus are of the Orthodox or Hasidic Jewish population, and their average age is 14. The mumps outbreak began at a summer camp for Orthodox Jewish boys in Sullivan County, New York, according to the CDC. Health officials have linked the outbreak to an 11-year-old boy at the camp. He had recently returned from the United Kingdom, where a mumps outbreak had spread to 4,000 people. Rabbi Yehunda Pirutinsky was surprised when his 14-year-old son was diagnosed with mumps a week ago. "He was completely vaccinated," Pirutinsky said. "So it was a surprise to us he came down with mumps." Of the New Jersey cases, 77 percent were vaccinated, Terjesen said. But the vaccine is not 100 percent effective, according to the CDC. At two doses, the vaccine is 76 to 95 percent effective, the CDC says on its Web site.
Note: 77 percent of the over 1,000 who came down with mumps had been vaccinated against the disease, yet the CDC claims it is 76 to 95 percent effective. Hmmmm... For many reports from reliable sources that highlight serious problems with vaccines, click here.
The world's top central bankers began arriving in Australia yesterday as renewed fears about the strength of the global economic recovery gripped world share markets. Representatives from 24 central banks and monetary authorities including the US Federal Reserve and European Central Bank landed in Sydney to meet tomorrow at a secret location, the Herald Sun reports. Organised by the Bank for International Settlements last year, the two-day talks are shrouded in secrecy with high-level security believed to have been invoked by law enforcement agencies. The arrival of the high-powered gathering coincided with a fresh meltdown on world sharemarkets, sparked by renewed concerns about global growth and sovereign debt. Fears countries including Greece, Portugal, Spain and Dubai could default on debt repayments combined with disappointing US jobs data to spook investors. "This does feel like '08 and '07 all over again whereby we had these sort of little fires pop up and they are supposedly contained but in reality they are not quite contained,'' said H3 Global Advisors chief executive Andrew Kaleel.
Note: For lots more from reliable sources on the secret deliberations by the highest levels of government and private elites in their attempts to bail out the biggest financial corporations, click here.
The director of national intelligence affirmed rather bluntly today that the U.S. intelligence community has authority to target American citizens for assassination if they present a direct terrorist threat to the United States. "We take direct actions against terrorists in the intelligence community; if we think that direct action will involve killing an American, we get specific permission to do that," Director of National Intelligence Dennis Blair told the House Intelligence Committee. "Whether that American is involved in a group that is trying to attack us, whether that American ... is a threat to other Americans. Those are the factors involved." Blair explained. According to U.S. officials, only a handful of Americans would be eligible for targeting by U.S. intelligence or military operations. The DNI said that Internet and social media sites have become critical to terrorism recruitment efforts. "The homegrown radicalization of people in the United States is a relatively new thing." Blair said U.S. intelligence was rapidly working to counter the emerging problem.
Note: To read a valuable commentary on Director of National Intelligence Dennis Blair's claimed "war exception" to the Constitution, permitting assassination of American citizens by the US military and intelligence services without judicial review or legal process of any kind, click here. For the views of several legal experts, click here.
The CIA sequence for a Predator strike ends with a missile but begins with a memo. Usually no more than two or three pages long, it bears the name of a suspected terrorist, the latest intelligence on his activities, and a case for why he should be added to a list of people the agency is trying to kill. No U.S. citizen has ever been on the CIA's target list. But that is expected to change as CIA analysts compile a case against a Muslim cleric who was born in New Mexico but now resides in Yemen. He is a U.S. citizen and until recently was mainly known as a preacher espousing radical Islamic views. Awlaki's status as a U.S. citizen requires special consideration, according to former officials familiar with the criteria for the CIA's targeted killing program. But while Awlaki has not yet been placed on the CIA list, the officials said it is all but certain that he will be. The CIA has carried out Predator attacks in Yemen since at least 2002, when a drone strike killed six suspected Al Qaeda operatives traveling in a vehicle across desert terrain. The agency knew that one of the operatives was an American, Kamal Derwish, who was among those killed. Derwish was never on the CIA's target list, officials said, and the strike was aimed at a senior Al Qaeda operative.
Note: As the last few sentences of this long report indicate, assassination of their own citizens by US military and intelligence agencies has been going on for years. For many key reports from reliable sources on assassination as state policy, click here.
Drug companies manipulated the World Health Organisation into downgrading its definition of a pandemic so they could cash in on a swine flu outbreak, it is claimed. An inquiry heard yesterday that the WHO allegedly softened its criteria for declaring a H1N1 flu pandemic last spring - just weeks before announcing there was a worldwide outbreak. Critics said the decision was driven by pharmaceutical companies desperate to recoup the billions of pounds they had invested in researching and developing pandemic vaccines after the bird flu scares in 2006 and 2007. As a result, millions of people have been vaccinated against a mild illness, and money that could have been used to prevent and treat major killers such as heart disease has been squandered. The claims, which emerged during the first of several Council of Europe hearings into the handling of the swine flu pandemic, were strongly rejected by the WHO. Following the organisation's declaration of a pandemic, the Department of Health warned of 65,000 deaths, set up a special advice line and website, and suspended normal rules so anti-flu drugs could be given without prescription. But with just 250 or so deaths in Britain and 14,000 worldwide, the WHO is being asked to account for its actions.
Note: For lots more on the swine flu "false pandemic" from reliable sources, click here.
The invasion of Iraq had no "legal basis in international law", the senior government lawyer Sir Michael Wood has told the Chilcot inquiry. Sir Michael ... was the most senior legal adviser at the Foreign Office at the time of the invasion. "I considered that the use of force against Iraq in March 2003 was contrary to international law," he said in a written statement. "In my opinion, that use of force had not been authorised by the (United Nations) Security Council, and had no other basis in international law." Jack Straw, then the foreign secretary, rejected advice that the war would be unlawful, the inquiry heard. Sir Michael wrote to Mr Straw on January 24, 2003 to express concerns about comments [Straw] made to then-US vice president Dick Cheney. Mr Straw told Mr Cheney that Britain would "prefer" a second resolution but it would be "OK" if they tried and failed to get one "a la Kosovo". Sir Michael commented that this was "completely wrong from a legal point of view". Sir Michael said this was "probably the first and only occasion" that a minister rejected his legal advice in this way.
Note: For lots more from major media sources on the real reasons behind the invasion of Iraq, click here.
AE911Truth will hold a press conference on Friday, February 19, at 11:00 AM at the Marines Memorial Club and Hotel in San Francisco. We will announce and honor the milestone of our achievement of obtaining 1,000 architects and engineers petitioning for a real investigation into the destruction of the 3 World Trade Center skyscrapers. The press conference will include a large-screen scrolling display of all 1,000 A/E's; statements by Richard Gage, AIA, founder of AE911Truth and several petition signers; and a short ten-minute presentation of "9/11: Blueprint for Truth" – the explosive evidence for the engineered destruction of the 3 World Trade Center skyscrapers. A press kit including the AE911Truth DVD will be made available to all attendees. We will also be inviting various leaders in the 9/11 Truth movement to this milestone event. We are working with We Are Change and other 9/11 Truth organizations to deliver hardcopy petition evidence press kits to every member of Congress. Join us on February 19 in San Francisco to honor this remarkable achievement and meet some of those who have made AE911Truth one of the most respected voices in the 9/11 Truth movement.
Note: For a powerful 10-minute video clip by the founder of Architects & Engineers for 9/11 Truth, click here. WantToKnow team member, Dr. David Ray Griffin, and Dr. Steven Jones will deliver keynote speeches at the press conference luncheon at noon.
With a single, disastrous 5-to-4 ruling, the Supreme Court has thrust politics back to the robber-baron era of the 19th century. Disingenuously waving the flag of the First Amendment, the court’s conservative majority has paved the way for corporations to use their vast treasuries to overwhelm elections and intimidate elected officials into doing their bidding. Congress must act immediately to limit the damage of this radical decision, which strikes at the heart of democracy. As a result of Thursday’s ruling, corporations have been unleashed from the longstanding ban against their spending directly on political campaigns and will be free to spend as much money as they want to elect and defeat candidates. The ruling in Citizens United v. Federal Election Commission radically reverses well-established law and erodes a wall that has stood for a century between corporations and electoral politics. The founders of this nation warned about the dangers of corporate influence. The real solution lies in getting the court’s ruling overturned.
Note: The crux of the argument used by the Supreme Court is that under US law, corporations are treated as persons and therefore given Constitutional rights meant for people. Should we then give them the right to vote? For many key articles from reliable sources on serious flaws in the electoral process in the US, click here.
A clinical psychologist, [Mary Jo] Rapini had long worked with terminal cancer patients. When they told her of their near-death experiences, she would often chalk their stories up as a reaction to their pain medication. But in April 2003, she faced her own mortality. She suffered an aneurysm while working out [in] a gym and was rushed to the hospital. She was in an intensive care unit for three days when she took a turn for the worse. “All of a sudden [doctors] were rushing around me and inserting things into me, and they called my husband,” she [said]. “I looked up and I saw this light; it wasn’t a normal light, it was different. It was luminescent. And it grew. I kept looking at it like, ‘What is that?’ Then it grew large and I went into it. I went into this tunnel, and I came into this room that was just beautiful. God held me, he called me by name, and he told me, ‘Mary Jo, you can’t stay.’ And he said, ‘Let me ask you one thing — have you ever loved another the way you’ve been loved here?’ And I said, ‘No, it’s impossible. I’m a human.’ And then he just held me and said, ‘You can do better.’ ” While Rapini’s account may seem far-fetched, [Dr. Jeffrey] Long [in his book Evidence of the Afterlife: The Science of Near-Death Experiences] says her recollections mirror nearly all stories of near-death experiences.
Note: For a powerfully inspiring online lesson focused on near-death experiences, click here. For intriguing investigations into the nature of reality from reliable sources, click here.
More than half the scientists on the swine flu taskforce advising the [UK] Government have ties to drug companies. Eleven of the 20 members of the Scientific Advisory Group for Emergencies (SAGE) have done work for the pharmaceutical industry or are linked to it through their universities. Many have declared interests in GlaxoSmithKline, the vaccine maker expected to be the biggest beneficiary of the pandemic. The disclosure of the register of interests comes just days after a health expert branded the swine flu outbreak a 'false pandemic' driven by the drug companies which stood to profit. The Government is now trying to offload up to Ł1billion worth of unwanted swine flu vaccine. Last July, the Department of Health warned of up 65,000 deaths, with 350 a day at the pandemic's peak. But the death toll now stands at just 251. SAGE was created to give Ministers recommendations on how to control and treat the virus. Official documents show some members are linked to vaccine manufacturer Baxter and to Roche, which makes Tamiflu. GSK, Baxter and Roche stand to make up to Ł1.5billion between them from Government contracts related to swine flu.
Note: For lots more on the Swine Flu "false pandemic," click here.
The World Health Organization said it plans to conduct a review of its response to swine flu as policymakers in Europe prepare for an “urgent debate” on the influenza pandemic. Yesterday, the Parliamentary Assembly of the Council of Europe said “false pandemics, a threat to health” will be a major theme of its next plenary session. Health authorities worldwide are assessing whether their response to swine flu is justified by its threat as cases retreat in the U.S. and Western Europe. The new H1N1 virus, which has targeted children and younger adults, has so far resulted in fewer deaths than attributed to seasonal strains, which kills mostly the frail elderly. Council of Europe parliamentarian Wolfgang Wodarg said last week he and several colleagues had called for a commission of inquiry into a “false pandemic” and the way it was handled at national and European levels, claiming pressure from pharmaceutical firms. The WHO moved to the top level of its six-step pandemic alert in June after the discovery of swine flu in Mexico and the U.S. in April.
Note: BusinessWeek deleted this article days after posting it. Could someone have pressured them to do this? If you click the above link, the article is gone, though you can still see a promo here and read it on BusinessWeek in the Google cache available here. For a link to the article on the Bloomberg website, click here. For revealing reports of the corruption surrounding the swine flu and previous health scares, click here.
The world’s first “sex robot”, a life-size rubber doll called Roxxxy who can have real conversations with her owner, including about football, has been unveiled. The dark-haired, negligee-clad, life-size robotic girlfriend comes complete with artificial intelligence and flesh-like synthetic skin. Standing five feet, seven inches tall, the doll weighs 120 pounds, comes with five “personalities”, [and] is “ready for action” her developers said. Aspiring partners can customise her features, including race, hair colour and breast size. Coming with a laptop the doll, priced between US$7,000 (Ł4,350) to US$9,000 (Ł5,993), was unveiled at the AVN Adult Entertainment Expo in Las Vegas. Douglas Hines, the robot’s football loving inventor, said the real aim was to make the doll someone the owner can talk to and relate to. “She can't vacuum, she can't cook but she can do almost anything else if you know what I mean,” the New Jersey-based artificial intelligence engineer said. Mr Hines said it was not only a recreational innovation but also something that shy people with sexual dysfunction, and those who want to experiment without risk, could use. In a 2007 book, Love and Sex with Robots, British chess player and artificial intelligence expert David Levy argues that robots will become significant sexual partners for humans, answering needs that other people are unable or unwilling to satisfy.
In the 16 months since ... the crash precipitated by the ... failure of Lehman Brothers, most of us are still ignorant about what Warren Buffett called the “financial weapons of mass destruction” that wrecked our economy. What we don’t know will hurt us, and quite possibly on a ... devastating scale. Americans must be told the full story of how Wall Street gamed and inflated the housing bubble, made out like bandits, and then left millions of households in ruin. And without reform, another massive attack on our economic security is guaranteed. Now that it can count on government bailouts, Wall Street has more incentive than ever to pump up its risks — secure that it can keep the bonanzas while we get stuck with the losses. The window for change is rapidly closing. [The] voices of Americans who have lost pay, jobs, homes and savings are either patronized or drowned out entirely by a political system where the banking lobby rules in both parties and the revolving door between finance and government never stops spinning.
Note: For many reports from reliable sources which reveal how the biggest Wall Street firms intentionally created and then cashed out on the financial crisis which destroyed the livelihoods and wealth of millions, click here.
As a presidential candidate, Barack Obama promised “transparency” in government. Specifically, Obama said, “we’ll have [healthcare reform] negotiations televised on C-SPAN, so the people can see who is making arguments on behalf of their constituents and who is making arguments on behalf of the drug companies or the insurance companies.” But now, the White House seems to be pulling back from that pledge. The House and Senate – each of which have passed versions of healthcare reform – were putting the final bill together “behind closed doors according to an agreement by top Democrats.” Not so fast, cry Republicans, who are feeling left out even though their general approach on the issue has been “just say no.” “The negotiations are obviously being done in secret and the American people really just want to know what they are trying to hide,” said Rep. Tom Price, (R) of Georgia.
Note: For key reports from reliable sources on government secrecy, click here.
It took a five-year-old girl to save her father's life. She talked to 911 dispatchers when she thought her father was having a heart attack. About 9:30 Monday night, Hancock county dispatcher Jason Bonham got a call. At first, he couldn't understand the person who was on the line. A man was in distress and unable to speak. That's when Savannah, the man's five-year-old daughter, picked up the phone. "My dad can't hardly breathe," she told Bonham. The call to 911 came from a cell phone, so dispatchers didn't automatically have an address. With her father's help, the little voice clearly repeated their street address, and with time of the essence, gave dispatchers all the information they needed. "Is your Daddy still awake?" "Yeah." "Most people when you talk to them, they're hysterical," said Bonham. Her calm was not nearly as surprising as her tender age. "How old are you?" "I'm five years old." For nearly ten minutes she stayed on the line, handling a scary situation with courage and grace. "He looks like he's real shaky," Savannah said. "You're doing a good job, all right, Savannah? They should be there in a few minutes." "How many minutes?" "Okay, you have to stay awake they'll be here in a couple minutes." "It's okay, Dad." Savannah is now credited for saving her father's life. The girl's father was back at work Wednesday as doctors try to figure out what happened.
Note: For an awesome four-minute video of this inspiring event, click here.
Researchers are already using brain-computer interfaces to aid the disabled, treat diseases like Parkinson's and Alzheimer's, and provide therapy for depression and post-traumatic stress disorder. Work is under way on devices that may eventually let you communicate with friends telepathically, give you superhuman hearing and vision or even let you download data directly into your brain, a la "The Matrix." Researchers are practically giddy over the prospects. "We don't know what the limits are yet," says Melody Moore Jackson, director of Georgia Tech University's BrainLab. At the root of all this technology is the 3-pound generator we all carry in our head. It produces electricity at the microvolt level. But the signals are strong enough to move robots, wheelchairs and prosthetic limbs -- with the help of an external processor. One of the more controversial uses under development is telepathy. It would require at least two people to be implanted with electrodes that send and receive signals. DARPA, the Pentagon's technology research division, is currently working on an initiative called "Silent Talk," which would let soldiers on secret missions communicate with their thoughts alone. This stealth component is attractive, but naysayers fear that such soldiers could become manipulated for evil means.
Note: Remember that secret military research such as that undertaken by DARPA is often years ahead of capabilities publicly acknowledged.
Law enforcement deaths this year dropped to their lowest level since 1959, while the decade of the 2000s was among the safest for officers -- despite the deadliest single day for police on Sept. 11, 2001. Through Dec. 27, the report by the National Law Enforcement Officers Memorial Fund found [the following]. 124 officers were killed this year, compared to 133 in 2008. The 2009 total represents the fewest line-of-duty deaths since 108 a half-century ago. Firearms deaths rose to 48, nine more than in 2008. However, the 39 fatalities in 2008 represented the lowest annual figure in more than five decades. One female officer was killed in 2009, compared with 13 the previous year. There was no explanation for the decline. An average of 162 officers a year died in the 2000s, compared with 160 in the 1990s, 190 in the 1980s and 228 in the 1970s -- the deadliest decade for U.S. law enforcement. Seventy-two officers died on Sept. 11.
Note: Why wasn't this article titled something like "Law Enforcement Deaths Lowest in 50 Years"? Why is this inspiring news given so little attention? Did you know that violent crime nationwide in the US has decreased by 50% in the last 15 years? Click here to read about this. Why is news that inspires fear given such prominence while inspiring news gets so little notice? For a possible answer, 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.