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We all know how good being in nature can make us feel. In Japan, we practice something called forest bathing, or shinrin-yoku. Shinrin in Japanese means forest, and yoku means bath. So shinrin-yoku means bathing in the forest atmosphere, or taking in the forest through our senses. This is not exercise, or hiking, or jogging. It is simply being in nature, connecting with it through our senses of sight, hearing, taste, smell and touch. Shinrin-yoku is like a bridge. By opening our senses, it bridges the gap between us and the natural world. Numerous studies Ive conducted have shown that shinrin-yoku has real health benefits. So how does one go about forest bathing? First, find a spot. Make sure you have left your phone and camera behind. You are going to be walking aimlessly and slowly. You dont need any devices. Let your body be your guide. Listen to where it wants to take you. The key to unlocking the power of the forest is in the five senses. Let nature enter through your ears, eyes, nose, mouth, hands and feet. Listen to the birds singing and the breeze rustling in the leaves of the trees. Look at the different greens of the trees and the sunlight filtering through the branches. Smell the fragrance of the forest. Taste the freshness of the air as you take deep breaths. You can forest-bathe anywhere in the world wherever there are trees ... in rain, sunshine or snow. You dont even need a forest. Once you have learned how to do it, you can do shinrin-yoku anywhere in a nearby park or in your garden.
Note: The above is excerpted from the book "Forest Bathing: How Trees Can Help You Find Health and Happiness" by Dr. Qing Li. Explore a treasure trove of concise summaries of incredibly inspiring news articles which will inspire you to make a difference.
The Department of Justice has scrubbed and revised language concerning press freedom and civil rights from its manual for federal prosecutors. In a broad revamping - the first in over 20 years - a subsection titled “Need for Free Press and Public Trial” was taken out. "The purpose of that review is to identify redundant sections and language, areas that required greater clarity, and any content that needed to be added to help department attorneys perform core prosecutorial functions," Ian D. Prior, a spokesperson for the Department of Justice, [said]. "Taken in isolation, I’m not sure how much we should read into the language changed in the DOJ manual," Alexandra Ellerbeck, the North America program coordinator for the Committee to Protect Journalists, told Newsweek. Ellerbeck pointed out, however, that removing the “need for the free press” section is concerning, considering the level of hostility toward journalists. Since President Donald Trump has taken office, he has popularized the term "fake news". The administration has also made repeated threats to go after leakers, Ellerbeck said. Attorney General Jeff Sessions said in November there are 27 open leak investigations. In comparison, Sessions noted that during former President Barack Obama's administration, the DOJ investigated "three per year." Reporters Without Borders released its annual World Press Freedom Index last week and cited an increasing sense of “hostility” toward the media. The U.S. fell back two places in rankings.
Note: The NSA recently deleted the terms "honesty" and "openness" from its mission statement. For more along these lines, see concise summaries of deeply revealing news articles on government corruption and the manipulation of mass media.
The European Union has made a key breakthrough to completely ban pesticides that harm bees and their crop pollination. The 28 member states got a large majority backing the ban on the three prevalent neonicotinoid pesticides which will take effect at the end of the year. The decision builds on a limited ban which has been in effect since 2013. Antonia Staats of the Avaaz campaign group on Friday called it a “beacon of hope for bees. Finally our governments are listening.” Over the past several years, there’s been an alarming drop in bee populations and there were fears it would start to seriously affect crop production since bees are necessary for the spread of pollen and reproduction.
Note: Neonicotinoid pesticides have been found to negatively impact bee reproduction. For more along these lines, see concise summaries of deeply revealing news articles on food system corruption and health.
President Trump vowed last year to release all the long-secret files related to the JFK assassination, but the administration announced Thursday that some documents will remain redacted until October 2021 for national security reasons. Trump gave the CIA, FBI and other agencies a deadline of April 26 to release documents related to the investigation into President John F. Kennedy’s assassination by Lee Harvey Oswald on Nov. 22, 1963, in Dallas. Trump ... had promised to release the entirety of the 5 million pages of records, most of which have been available since the late 1990s. Jefferson Morley, a former Washington Post staff writer ... said in an interview that he was disappointed by Trump’s decision to delay the full release for another three years and, possibly, beyond. “Trump said that all the JFK files will be released, but the truth is that thousands of JFK files are still secret. The clear intent of Congress was to have these released last October and now we’re talking about 2021,” Morley said. “The point is that the CIA wants to keep this secret forever. It’s a very clear statement of intent.” Morley also said that the Trump administration is not complying with the stipulations of the Kennedy Records Act, which requires that the administration provide declassified explanations for withheld documents. Morley, who has been fighting the CIA in federal court for the last 15 years ... said he was quickly going through the 19,000 files that were released Thursday and came across redactions that made little sense to him.
Note: See this USA Today article for a summary of files released in 2017 on the JFK assassination. For more along these lines, see concise summaries of deeply revealing assassinations news articles from reliable major media sources.
LeeAnne Walters was one of the activists who brought Flint’s brown, lead-laden water to the world’s attention, thrusting plastic bottles of dingy liquid into camera lenses and the national consciousness. Four years later, you might think things have improved in the Michigan city. But Walters is still bathing her kids in bottled water, which she heats on the stove in four separate pots and a plastic bowl in the microwave. “I know as far as the lead in the water that’s OK, but it’s the lack of trust that was never rebuilt,” said Walters. It is four years since the ... public health crisis. In the aftermath, Flint received presidential visits, millions of dollars in donations and government aid. It is the subject of scientific studies. Walters has now won the Goldman environmental prize for activism. But, despite all this attention, regular people feel that little has changed since the crisis. Debra Furr-Holden, a researcher at Michigan State University ... said even though federal agencies flung themselves at the city, “the impact of their presence is not known or real for the residents”. For the roughly 100,000 people who live here, the damage is done. The list of physical ailments is long. Flint resident Keri Webber’s ... daughters, variously, have kidney damage, fatty liver, anemia and lead-laden bones. Other Flint residents have had recurring skin rashes. There were so many miscarriages in Flint that University of Kansas economists found the fertility rate dropped by 12%, and fetal death shot up by 58%. The mental scars are as tangible as the physical.
Note: For more along these lines, see concise summaries of deeply revealing news articles on government corruption and health.
Scientists have created a mutant enzyme that breaks down plastic drinks bottles by accident. The breakthrough could help solve the global plastic pollution crisis by enabling for the first time the full recycling of bottles. The new research was spurred by the discovery in 2016 of the first bacterium that had naturally evolved to eat plastic, at a waste dump in Japan. Scientists have now revealed the detailed structure of the crucial enzyme produced by the bug. The international team then tweaked the enzyme to see how it had evolved, but tests showed they had inadvertently made the molecule even better at breaking down the PET (polyethylene terephthalate) plastic used for soft drink bottles. The mutant enzyme takes a few days to start breaking down the plastic far faster than the centuries it takes in the oceans. But the researchers are optimistic this can be speeded up even further and become a viable large-scale process. Industrial enzymes are widely used in, for example, washing powders and biofuel production. They have been made to work up to 1,000 times faster in a few years, the same timescale [Prof John McGeehan, who led the research] envisages for the plastic-eating enzyme. Earlier work had shown that some fungi can break down PET plastic, which makes up about 20% of global plastic production. But bacteria are far easier to harness for industrial uses.
Note: Explore a treasure trove of concise summaries of incredibly inspiring news articles which will inspire you to make a difference.
Child sex dolls have been pulled from sale by online retail giant Amazon.com Inc after widespread criticism from a watchdog and charities in Britain over concerns that people who use such lifelike dolls may go on to sexually abuse children. More than a dozen child sex dolls were removed from sale, having been listed by third-party sellers, according to Amazon. “All Marketplace sellers must follow our selling guidelines and those who don’t will be subject to action including potential removal of their account,” an Amazon spokesman said in a statement. England Children’s Commissioner, Anne Longfield, said Amazon should explain how the dolls were permitted to be posted on their website, and ensure they cannot be put back up for sale. Britain allows people to manufacture and own child sex dolls yet it is illegal to import them. A British man was convicted last year for doing so in what police said was a landmark case in the fight against a new form of sex crime against children. Opinion is divided over the use of child sex dolls, which have the appearance, weight and anatomy of real children. Some charities argue such dolls should be made available on prescription to help prevent people who are sexually attracted to children acting on their desires. Other organizations, such as the National Society for the Prevention of Cruelty to Children (NSPCC), say sex dolls can be dangerous proxies to act out fantasies like rape or child abuse.
Note: Though the US House of Representatives passed a bill in June of 2018 banning sex dolls that look like children, it has yet to be approved by the Senate as of Oct., 2018. And this article shows amazon is still selling child-like sex dolls, though they are not listed as children.
I downloaded a copy of my Facebook data last week. I didn’t expect to see much. But when I opened my file, it was like opening Pandora’s box. I learned that about 500 advertisers - many that I had never heard of, like Bad Dad, a motorcycle parts store, and Space Jesus, an electronica band - had my contact information, which could include my email address, phone number and full name. Facebook also had my entire phone book, including the number to ring my apartment buzzer. The social network had even kept a permanent record of the roughly 100 people I had deleted from my friends list over the last 14 years. Facebook said unfamiliar advertisers might appear [in the file] because they might have obtained my contact information from elsewhere, compiled it into a list of people they wanted to target and uploaded that list into Facebook. Brands can obtain your information [by] buying ... from a data provider like Acxiom, which has amassed one of the world’s largest commercial databases on consumers. Let’s be clear: Facebook is just the tip of the iceberg when it comes to what information tech companies have collected on me. Knowing this, I also downloaded copies of my Google data with a tool called Google Takeout. The data sets were exponentially larger than my Facebook data. Here was the biggest surprise: In a folder labeled Ads, Google kept a history of many news articles I had read. Be warned: Once you see the vast amount of data that has been collected about you, you won’t be able to unsee it.
Note: Those who want to download their own Facebook data can use this link. For more along these lines, see concise summaries of deeply revealing news articles on corporate corruption and the disappearance of privacy.
Bloomberg Government reports on a FedBizOpps.gov posting by the Department of Homeland Security (DHS) with the relatively benign-sounding subject “Media Monitoring Services.” The details of the attached Statement of Work, however, outline a plan to gather and monitor the public activities of media professionals and influencers and are enough to cause nightmares of constitutional proportions, particularly as the freedom of the press is under attack worldwide. As part of its "media monitoring," the DHS seeks to track more than 290,000 global news sources as well as social media. The successful contracting company will have "24/7 access to a password protected, media influencer database" ... in order to "identify any and all media coverage related to the Department of Homeland Security or a particular event." The database will be browsable by "location, beat and type of influencer," and for each influencer, the chosen contractor should "present contact details and ... an overview of the previous coverage published by the media influencer." Increasing government encroachment on the freedom of the press is the sinister backdrop to all of this. Freedom House ... recently concluded that global media freedom has reached its lowest level in the past 13 years. The independent watchdog organization blames "new threats to journalists and media outlets in major democracies" as well as "further crackdowns on independent media in authoritarian countries like Russia and China."
Note: For more along these lines, see concise summaries of deeply revealing news articles on intelligence agency corruption and the manipulation of public perception.
Australia's financial intelligence czar Nicole Rose says she is shocked at the depth of money laundering in the economy involving organised crime, child exploitation and drug importation. "I thought coming from the Australian Criminal Intelligence Commission that I had a pretty good handle on serious and organised crime," she [said]. "I didn't appreciate the depth and breadth of involvement with private entities and banks. I didn't appreciate how many industries it does actually touch. There's a misperception that money laundering is a victimless white collar crime. It has a massive impact on everyday life whether that's child exploitation, serious and organised crime or drug importation. It all involves money laundering." A career public servant specialising in anti-terrorism strategy, Ms Rose was appointed chief executive of the Australian Transactions Reports & Analysis Centre (AUSTRAC) in November last year. Ms Rose, a former deputy head of the Australian Criminal Intelligence Commission, inherited AUSTRAC's high stakes case against the Commonwealth Bank which is fighting almost 54,000 allegations that it broke anti-money laundering and anti-terrorism financing laws. While not commenting directly on the CBA case, Ms Rose said she was confident that all Australian banks are now aware of the money laundering risk. However, Ms Rose was uncertain when the $10,000 reporting threshold on cash transactions would be extended from financial institutions to other high-risk sectors.
Note: Explore an eye-opening article by Fiona Barnett, which claims the Watergate break in's real purpose was steal a list of high level political pedophiles from both parties. As reported in this Sydney Morning Herald article, Ms. Barnett testified to Australia's Royal Commission into Institutional Responses to Child Sexual Abuse on being a victim of a high level pedophile ring. More on this is available in this article from the UK's Daily Mail.
Now and again you can find Nonn Panitvong floating facedown in rivers and lakes. Peering intently into the murky waters through his snorkeling mask, the Thai taxonomist is there to observe the behaviors of various freshwater fish species. At other times you can find him in limestone caves. With a flashlight in hand or strapped to his helmet, he scouts around for rare species of karst-dwelling geckos. He looks ... like a businessman, which is what he is: Nonn runs his familys sugar-cane mill conglomerate. Yet hes also among Thailands most intrepid naturalists. Recognized as a biodiversity hero by the Association of Southeast Asian Nations ... Nonn has been a relentless popularizer of his homelands rich biodiversity, partly through his Siamensis.org website. A comprehensive database with some 20,000 members, the site has nurtured a form of crowdsourced ecology. It allows Thai nature lovers from all walks of life to pool their knowledge about often overlooked species, from snakes to dragonflies. Via social media Nonn has been inviting lay nature lovers and trained biologists alike to act as volunteer nature-watchers for neglected areas. The members of his platforms are also keeping an eye on the spread of invasive species. We want to generate and spread knowledge, Nonn says. One of our main themes is If you dont know it, you wont love it. In the end, people will conserve only what they value and love.
Note: Explore a treasure trove of concise summaries of incredibly inspiring news articles which will inspire you to make a difference.
The Arizona legislature passed a bill that protects anonymous political spending Thursday, less than a month after Tempe, Arizona, residents voted overwhelmingly to increase transparency on that type of spending in local elections. The battle between city and state opens a new front in the national debate over so-called “dark money” in politics; it's also the first time a state has moved to ban local governments from shining light on secret spending. This type of spending is most consequential at the local level, experts say, because since local elections are relatively cheap and receive little media coverage, ads or mailers backed by just a few thousand dollars of dark money can easily dominate a campaign. More than 90 percent of Tempe voters cast ballots for an amendment to the city’s charter requiring all groups spending more than $1,000 on local races to disclose their donors in March. In response, the Republican-controlled Arizona Legislature passed a bill last week that bans local governments from requiring non-profit groups, the most common dark money vehicles, to disclose the source of their funding. Thanks to the U.S. Supreme Court’s 2010 Citizens United decision, these groups can spend an unlimited amount of money on elections, so long as they don’t coordinate with candidates and their parties. Anonymous spending has surged. As a result, cities and states have passed their own political disclosure laws. Denver and Philadelphia, for example, have passed laws requiring disclosure of dark money.
Note: South Dakota citizens also voted for tougher ethics laws, only to have this reversed by the state's Republicans. For more along these lines, see concise summaries of deeply revealing elections corruption news articles from reliable major media sources.
A U.S. judge on Wednesday rejected Saudi Arabia's bid to dismiss lawsuits claiming that it helped plan the Sept. 11, 2001, attacks and should pay billions of dollars in damages to victims. U.S. District Judge George Daniels in Manhattan said the plaintiffs' allegations "narrowly articulate a reasonable basis" for him to assert jurisdiction over Saudi Arabia under the Justice Against Sponsors of Terrorism Act (JASTA), a 2016 federal law. Daniels' decision covers claims by the families of those killed, roughly 25,000 people who suffered injuries, and many businesses and insurers. The judge also dismissed claims that two Saudi banks, National Commercial Bank and Al Rajhi Bank, and Saudi Binladin Group, a construction company controlled by the bin Laden family, provided funds and financial services for the attacks, saying he lacked jurisdiction. Saudi Arabia had long had broad immunity from Sept. 11 lawsuits in the United States. That changed in September 2016, when the U.S. Congress overrode President Barack Obama's veto of JASTA, allowing such cases to proceed. Obama had warned that the law could expose U.S. companies, troops and officials to lawsuits in other countries. Daniels said the plaintiffs could try to prove that Saudi Arabia was liable for the alleged activities of Fahad al Thumairy, an imam ... and Omar al Bayoumi, said to be an intelligence officer. They were accused of helping two hijackers acclimate themselves to the United States, and begin preparing for the attacks.
Note: For more along these lines, see concise summaries of deeply revealing 9/11 news articles from reliable major media sources. Then explore the excellent, reliable resources provided in our 9/11 Information Center.
The U.S. military took more than four years to process a Freedom of Information Act request for a copy of the Guantánamo guidelines for censoring prison library material - and censored the guidelines when it processed the request. The paperwork the military released appeared to leave out three pages of the prison’s procedure for handling the Quran. The Miami Herald sought the Nov. 27, 2013, document in a Dec. 10, 2013, FOIA request. The U.S. Southern Command apparently released the document, with redactions, on March 21 but didn’t put it in the mail for five more days. It arrived at the Herald newsroom, which is next door to Southcom, on Tuesday. The Guantánamo prison is a Law of War detention site run by the Pentagon; left unclear was the U.S. military’s law enforcement or prosecution function related to the Detainee Library, which circulates books among 26 of the prison’s 41 detainees. Of those 26, only two have been convicted of war crimes. Former CIA captives at the clandestine Camp 7 prison, including those accused of plotting the 9/11 attacks, don’t have privileges at the main library but can draw from a different, secret collection. In May 2016, a U.S. Army officer in charge of detainee diversionary programs told reporters that “negative screening criteria” included military topics, extreme graphic violence, nudity, sexuality and extremism. Many of the prison’s current detainees were held by the CIA for weeks or years before their transfer to U.S. military custody.
Note: A letter titled, "Will I Die At Guantanamo Bay? After 15 Years, I Deserve Justice" was recently published by Newsweek. For more along these lines, see concise summaries of deeply revealing news articles on corruption in government and in the intelligence community.
Shocking hygiene failings have been discovered in some of the US’s biggest meat plants, as a new analysis reveals that as many as 15% (one in seven) of the US population suffers from foodborne illnesses annually. A joint investigation by the Bureau of Investigative Journalism (TBIJ) and the Guardian found that hygiene incidents are at numbers that experts described as “deeply worrying”. US campaigners are calling once again for the closure of a legal loophole that allows meat with salmonella to be sold in the human supply chain, and also warn about the industry’s push to speed up production in the country’s meat plants. Unpublished US- government records highlight numerous specific incidents including: Diseased poultry meat that had been condemned found in containers used to hold edible food products; Pig carcasses piling up on the factory floor after an equipment breakdown, leading to contamination with grease, blood and other filth; Meat destined for the human food chain found riddled with faecal matter and abscesses filled with pus; High-power hoses being used to clean dirty floors next to working production lines containing food products; Factory floors flooded with dirty water after drains became blocked by meat parts and other debris; Dirty chicken, soiled with faeces or having been dropped on the floor, being put back on to the production line after being rinsed with dilute chlorine.
Note: Read more on the unsafe and unethical high speed slaughterhouses on track for USDA approval. For more along these lines, see concise summaries of deeply revealing food system corruption news articles from reliable major media sources.
He can make a two-year-old who hasn’t spent a day of his life without pain sleep like a baby. He can banish 30 years of neck pain in 30 seconds. Mobilise paralysed limbs. Zap an allergy. All without laying a hand on anyone. Melbourne energy healer Charlie Goldsmith has a gift sceptics love to dismiss, but the people he’s helped begged to differ. He’s never charged any of them a cent. If it sounds like a Hollywood script, that’s because it sort of is. US TV producers gave him his own show. The Healer premiered ... late last year. He has a gift nobody can quite explain, so many distrust it. He believes what he sees, and knows: Like the studies he’s been involved in which show he “heals” 80 per cent of those he treats. The Healer is his chance to lend a credibility ... to energy healing. He believes there are plenty of others with his “gift”, they just need that talent spotted, and developed. “I work on old 80-year-olds and I’m their first experience of this stuff. And I think ‘wow you could spend your whole life on this planet and not know that humans have this ability that’s been misunderstood and probably misrepresented a lot’.” Goldsmith partnered with New York University’s Lutheran Hospital for the first study scrutinising his talent. He treated 50 people with a 76 per cent success rate of pain-related conditions with immediate “marked improvement” and 79 per cent of conditions other than pain.
Note: See this miracle worker's website at https://www.charliegoldsmith.com.
Everybody's heard of the My Lai massacre - March 16, 1968, 50 years ago today - but not many know about the man who stopped it: Hugh Thompson, an Army helicopter pilot. When he arrived, American soldiers had already killed 504 Vietnamese civilians. They were going to kill more, but they didn't - because of what Thompson did. "We started noticing these large numbers of bodies everywhere," [Thompson said]. "They were old women, old men, children, kids, babies." Then Thompson ... "saw some civilians hiding in a bunker, cowering. Saw some advancing Americans coming that way. I just figured it was time to do something, to not let these people get killed. Landed the aircraft in between the Americans and the Vietnamese, told my crew chief and gunner to cover me, got out of the aircraft, went over to the American side." What happened next was one of the most remarkable events of the entire war, and perhaps unique: Thompson told the American troops that, if they opened fire on the Vietnamese civilians in the bunker, he and his crew would open fire on them. "I thank God to this day that everybody did stay cool and nobody opened up. It was time to stop it. That was the only way the madness ... could be stopped." Back at their base he filed a complaint about the killing of civilians that he had witnessed. The Army covered it up. But eventually the journalist Seymour Hersh found out about the massacre, and his report made it worldwide news and a turning point in the war.
Note: For more along these lines, see concise summaries of deeply revealing war news articles from reliable major media sources.
More than a billion people in the world go to sleep each night without reliable shelter. But a pair of companies working on solving that believes their model of quickly 3D-printing a one-story house could not only provide merely a roof over the head, but a genuinely great place to live. I took a walk around a demonstration house ... built by Icon, a construction firm, and New Story, a non-profit that sets up housing in the developing world. Later this year, the project will head to El Salvador to build some test homes, with the view to begin work on a community of 100 houses in 2019. "If it does work it could literally change how shelter is created," said Brett Hagler, chief executive and co-founder of New Story. Like small-scale 3D-printing, the system works by slowly adding material, layer-by-layer. In this case, that material is mortar, similar to concrete. The El Salvador project will ... aim to build 100 homes, financed by mostly Silicon Valley-based donors. The houses will not be a hand-out, however. "The families agreed to a no-interest, no-profit mortgage that they will pay over about 10 years," explained Mr Hagler. That works out at about $30 a month. According to the country's economics ministry, the average monthly wage in rural El Salvador is around $360. "That money does not come back to us," he added. "It's kept in a community fund." The fund will go on to pay for more homes in future, or maintenance on existing structures. Mr Hagler said the mortgage model will foster "respect and dignity" within the community.
Note: Explore a treasure trove of concise summaries of incredibly inspiring news articles which will inspire you to make a difference.
In December, the Defense Department declassified two videos documenting encounters between U.S. Navy F-18 fighters and unidentified aircraft. The first video captures multiple pilots observing and discussing a strange, hovering, egg-shaped craft, apparently one of a “fleet” of such objects, according to cockpit audio. The second shows a similar incident involving an F-18 attached to the USS Nimitz carrier battle group in 2004. The videos, along with observations by pilots and radar operators, appear to provide evidence of the existence of aircraft far superior to anything possessed by the United States or its allies. Defense Department officials who analyze the relevant intelligence confirm more than a dozen such incidents off the East Coast alone since 2015. Military departments and agencies treat such incidents as isolated events rather than as part of a pattern requiring serious attention and investigation. Reports from different services and agencies remain largely ignored and unevaluated inside their respective bureaucratic stovepipes. There is no Pentagon process for synthesizing all the observations the military is making. The current approach is equivalent to having the Army conduct a submarine search without the Navy. It is also reminiscent of the counterterrorism efforts of the CIA and the FBI before Sept. 11, 2001, when each had information on the hijackers that they kept to themselves. In this instance, the truth may ultimately prove benign, but why leave it to chance?
Note: The above was written by Christopher Mellon, who served as deputy assistant secretary of defense for intelligence in the Clinton and George W. Bush administrations. For more along these lines, see concise summaries of deeply revealing UFO news articles from reliable major media sources. Then explore the excellent, reliable resources provided in our UFO Information Center.
Next week marks the 10th anniversary of the run on Bear Stearns, the investment bank that collapsed under the weight of toxic subprime mortgages ... leading to the biggest economic crisis in nearly a century. That seems like a terrible political backdrop for the Senate to pass a bill that deregulates the banking sector. But that's exactly what's about to happen. The Economic Growth, Regulatory Relief and Consumer Protection Act, which pro-regulation groups have called the "Bank Lobbyist Act," advanced in the Senate this week. The ... Congressional Budget Office stated [that the] legislation would increase the risk of another [financial crisis] happening. The bill ... rolls back key pieces of the Dodd-Frank Act and includes giveaways to large institutions of the same size and scope as the ones that crashed the economy in 2008. The most important measure in the legislation raises the threshold for enhanced regulatory supervision by the Federal Reserve from $50 billion to $250 billion. The beneficiaries, 25 of the top 38 banks in America, could be called "stadium banks:" not big enough to count as Wall Street mega-banks, but big enough to have a sports stadium named after them. Nearly all giant foreign banks with operations in the U.S. could enjoy the same weaker rules. Why would more than one-third of the Senate Democratic caucus provide the margin of victory on [this] bill. The answer is simple: money. The top three recipients of campaign donations from commercial banks since 2017 are Democrats. This whole process reveals that bipartisanship usually arrives in Washington at the barrel of a money cannon.
Note: For more along these lines, see concise summaries of deeply revealing news articles on corruption in government and in the financial industry.
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.