News ArticlesExcerpts of Key News Articles in Major Media
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The nation’s workers may be struggling, but American companies just had their best quarter ever. American businesses earned profits at an annual rate of $1.659 trillion in the third quarter, according to a Commerce Department report. That is the highest figure recorded since the government began keeping track over 60 years ago. The next-highest annual corporate profits level on record was in the third quarter of 2006, when they were $1.655 trillion. Corporate profits have been doing extremely well for a while. Since their cyclical low in the fourth quarter of 2008, profits have grown for seven consecutive quarters, at some of the fastest rates in history. As a share of gross domestic product, corporate profits also have been increasing, and they now represent 11.2 percent of total output. That is the highest share since the fourth quarter of 2006, when they accounted for 11.7 percent of output.
Note: Long-term unemployment is at a record high, yet corporations are raking in record profits. With record profits, why aren't corporations hiring more new employees? For many reports from reliable souces on corporate profiteering, click here.
The Transportation Security Administration has come under fire for new body scanners and what some say are highly invasive pat-downs. Thomas Sawyer, a bladder cancer survivor, said he was humiliated after a pat-down broke his urostomy bag, leaving the 61-year-old covered in his own urine. Sawyer said he warned the TSA officials twice that the pat-down could break the seal. Cathy Bossi, a long-time flight attendant and breast cancer survivor, said the TSA made her take off her prosthetic breast. "She put her full hand on my breast and said, 'What is this?' I said 'It's a prosthesis because I've had a breast cancer,'" Bossi said. "And she said, 'You'll need to show me that.'" In recent days, several passengers have come forward to tell such shocking stories about their experiences with TSA officers. An ABC News employee said she was subject to a "demeaning" search at Newark Liberty International Airport Sunday morning. "The woman who checked me reached her hands inside my underwear and felt her way around," she said. "It was basically worse than going to the gynecologist. It was embarrassing. It was demeaning. It was inappropriate." The head of the Transportation Security Administration John Pistole ... has said the TSA would not change its pat-down procedures.
Note: For lots more from major media sources on increasing threats to privacy, click here.
The U.S. Senate yesterday approved spending $4.6 billion to settle two lawsuits: one by black farmers who alleged racial discrimination by government lenders and the other by 300,000 American Indians who said they had been cheated out of land royalties dating to 1887. Passage of the measure, by voice vote, unblocks a legislative logjam that has thwarted payouts, negotiated by the Obama administration, of $1.15 billion to the black farmers and $3.4 billion to the American Indians. The House ... must vote on the settlements again. At least seven times this year, Senate Republicans blocked efforts to include the spending provisions in pending legislation. The farmers’ 1997 class-action lawsuit alleged discrimination by the Agriculture Department’s lending programs. Under a negotiated settlement announced in February, qualified farmers can collect as much as $50,000, plus debt relief. Others may collect monetary damages up to $250,000. One of the largest class-action cases filed against the U.S., the 1996 lawsuit by American Indian plaintiffs accused the Interior Department of mismanaging trust funds that collected royalties for grazing rights and the extraction of minerals, oil and natural gas from tribal lands.
Note: For key reports from major media sources on government corruption, click here.
The Obama administration has quietly forged ahead with its proposal to sell $60 billion worth of fighter jets and attack helicopters to Saudi Arabia unhampered by Congress, despite questions raised in legislative inquiries and in an internal congressional report about the wisdom of the deal. The massive arms deal would be the single largest sale of weapons to a foreign nation in the history of the U.S., outfitting Saudi Arabia with a fully modernized, potent new air force. Critics are questioning the deal, and the stealthy effort by the Obama administration to avoid a more probing congressional review by notifying Congress last month, just as members were headed home for the November elections. Congress had 30 days to raise objections -- a review period that concludes Saturday. The arrangement would ship 84 F-15 fighter jets and more than 175 attack helicopters to the Saudis over the next 15 years. Morris J. Amitay, a former head of the Pro-Israel lobbying group AIPAC, told ABC News a chief aim of the sale is insuring that Saudi Arabia can serve as another regional military counterweight to Iran. In part for that reason, he said, Israel has not been raising significant objections to the deal, even though he suspects Israel will push hard to insure the aircraft are not equipped with weapons systems as advanced as those held by Israel's own military.
Note: For lots more from reliable sources on war and war preparations in the Middle East, click here.
Britain's health service makes it the only one of 11 leading industrialised nations where wealth does not determine access to care – providing the most widely accessible treatments at low cost among rich nations, a study has found. The survey, by US health thinktank the Commonwealth Fund, showed that while a third of American adults "went without recommended care, did not see a doctor when sick, or failed to fill prescriptions because of costs", this figure was only 6% in the UK and 5% in Holland. In all the countries surveyed except Britain, wealth was a significant factor in access to health, with patients earning less than the national average more likely to report trouble with medical bills and problems getting care because of cost. The survey, of 19,700 patients in 11 nations, found "substantial differences" among countries on access to care when sick, access after hours, and waiting times for specialised care. The NHS was also extremely cost-effective, with spending on health per person almost the lowest in the survey. A person in the UK paid $1,500 less than one in Switzerland and less than half the $7,538 paid by every American for healthcare. The report was particularly damning about the US, where it found patients "are far more likely than those in 10 other industrialised nations to go without healthcare because of costs".
Note: For highly informative reports from major media sources on health issues, click here.
About 48 of the more than 1,730 California doctors who received money from pharmaceutical companies over the past 21 months have been the subject of disciplinary action, a database compiled by the investigative news organization ProPublica found. While that represents less than 3 percent of the California doctors who take pharmaceutical money, the fact that drug companies are paying those doctors - some of whom have multiple disciplinary actions - for their expertise calls into question how closely these companies vet the physicians who serve as the spokespeople for their drugs. California doctors have received $28.6 million from top pharmaceutical companies since 2009, with at least three physicians collecting more than $200,000 and 36 others making more than $100,000 for promoting drug firm products. That cash flowing from drug companies to doctors has raised ethical concerns from some observers. "If they're getting as much money from pharmaceutical companies as they do for being a doctor, what are they really? Are they working for a pharmaceutical company, or are they being a doctor?" asked Lisa Bero, a pharmacy professor at UCSF who studies conflicts of interest in medicine and research.
Note: For a detailed analysis of corruption in the pharmaceutical industry by a highly-respected doctor, click here.
We are often the agents of our own pain. We cause our own deaths, conflicts, illnesses, every single day. We made cancer. Also, we invented war. Scientists have found almost no trace of cancer in the mummified remains of bodies from ancient civilizations. It simply did not exist. Cancer is [a] byproduct of heavily industrialized, high tech, toxic modern society. Same goes, in a way, for war and combat, our need to dominate and defeat. Plentiful are the cultures and peoples throughout time and geography that, even despite scarce natural resources, despite having all the supposed reasons to go to war, never once found a need to take up arms, or even understand the concept. War is learned behavior. Cancer is a modern invention, the dark underbelly of our madhouse race to progress. We create -- and even knowingly promote -- many of the sociocultural factors that spawn depression and internal demonization. But when it comes to love, sexuality, the infinite powers of the heart? It's just the opposite. The love, the sex, the chemistry of desire ... has its roots deep in our very being ... woven into our very DNA. You actually can't choose your particular wiring for love, but you can choose to be a warlike, antagonistic force of cancerous doom. We cannot design our innate sexual chemistry, but we sure as hell can choose whether to celebrate it with wine and song and fearless abandon, or poison it at its heart with ignorance, panic, a violent misreading of God.
WARNING: Holding a cellphone against your ear may be hazardous to your health. So may stuffing it in a pocket against your body. The legal departments of cellphone manufacturers slip a warning about holding the phone against your head or body into the fine print of the little slip that you toss aside when unpacking your phone. The warnings may be missed by an awful lot of customers. The United States has 292 million wireless numbers in use, approaching one for every adult and child. Devra Davis, an epidemiologist who has worked for the University of Pittsburgh ... has published a book about cellphone radiation, Disconnect: The Truth About Cell Phone Radiation, What the Industry Has Done to Hide It, and How to Protect Your Family. Her book ... surveys the scientific investigations and concludes that brain cancer is a concern. Children are more vulnerable to radiation than adults, Ms. Davis and other scientists point out. No field studies have been completed to date on cellphone radiation and children, she says. 28 percent of studies with cellphone industry funding showed some sort of effect, while 67 percent of studies without such funding did so. Ms. Davis recommends keeping a phone out of close proximity to the head or body, by using wired headsets or the phone’s speaker. Children should text rather than call, she said, and pregnant women should keep phones away from the abdomen. The best way to avoid exposure [is] by holding the cellphone away from the head or body.
Note: For highly informative reports from major media sources on health issues, click here.
In a rare move, the Justice Department on Tuesday announced that it had charged a former vice president and top lawyer for the British drug giant GlaxoSmithKline with making false statements and obstructing a federal investigation into illegal marketing of the antidepressant Wellbutrin for weight loss. "This is absolutely precedent-setting – this is really going to set people's hair on fire," said Douglas B. Farquhar, a Washington lawyer. "This is indicative of the F.D.A. and Justice strategy to go after the very top-ranking managing officials at regulated companies." The indictment accuses the Glaxo official, Lauren C. Stevens of Durham, N.C., of lying to the Food and Drug Administration in 2003, by writing letters, as associate general counsel, denying that doctors speaking at company events had promoted Wellbutrin for uses not approved by the agency. Ms. Stevens "made false statements and withheld documents she recognized as incriminating," including slides the F.D.A. had sought during its investigation, the indictment stated. The company was cooperating fully with a federal investigation into allegations of illegal sales and marketing of Wellbutrin. Last year, it set aside $400 million to resolve the case, which is still pending. Two weeks ago, in an unrelated case, GlaxoSmithKline agreed to pay $750 million to the government to settle civil and criminal complaints that it sold tainted or ineffective products from a large manufacturing facility in Puerto Rico.
Note: Even with fines in the hundreds of millions of dollars assessed to many of the large pharmaceuticals, why isn't more being done? See what one of the top doctors in the US revealed about corruption in health care at this link.
Two of the largest pilots' unions in the nation are urging commercial pilots to rebel against current airport screening rules. In late October, the Transport Security Administration implemented more invasive patdown rules. Travelers and pilots were faced with a new dilemma -- have a revealing, full-body scan or what some are calling an X-rated patdown. Pilots are piping mad over the options, saying the full-body scanners emit dangerous levels of radiation and that the alternative public patdown is disgraceful for a pilot in uniform. Some pilots have said they felt so violated after a patdown, they were unfit to fly. The patdowns, implemented Oct. 29, allow TSA officers to pat down passengers with the front of their hands, instead of the backs of their hands. A security expert who demonstrated the new procedure on a mannequin for ABC News explained the changes. "You go down the body and up to the breast portion," said Charles Slepian of the Foreseeable Risk Analysis Center. "If it's a female passenger, you're going to see if there's anything in the bra." The new patdown protocol could be used at any of the nation's 450 airports on passengers who require additional screening. Tens of thousands of passengers are submitted to patdowns and full-body scanners every day. More than 300 full-body scanners are being used at 65 airports across the country.
Note: And what about the general public having to submit to being groped?
Few ecological disasters have been as confounding as the massive and devastating die-off of the world's honeybees. The phenomenon of Colony Collapse Disorder (CCD) -- in which disoriented honeybees die far from their hives -- has kept scientists, beekeepers, and regulators desperately seeking the cause. The long list of possible suspects has included pests, viruses, fungi, and also pesticides, particularly so-called neonicotinoids, a class of neurotoxins that kills insects by attacking their nervous systems. For years, their leading manufacturer, Bayer Crop Science, a subsidiary of the German pharmaceutical giant Bayer AG (BAYRY), has tangled with regulators and fended off lawsuits from angry beekeepers who allege that the pesticides have disoriented and ultimately killed their bees. A cheer must have gone up at Bayer on Thursday when a front-page New York Times article, under the headline "Scientists and Soldiers Solve a Bee Mystery," described how a newly released study pinpoints a different cause for the die-off: "a fungus tag-teaming with a virus." The Bayer pesticides, however, go unmentioned. What the Times article did not explore -- nor did the study disclose -- was the relationship between the study's lead author, Montana bee researcher Dr. Jerry Bromenshenk, and Bayer Crop Science. In recent years Bromenshenk has received a significant research grant from Bayer to study bee pollination.
Note: Read the full, revealing article to learn how money often corrupts science. For lots more from reliable sources on corporate corruption, click here.
To the passing motorist, there is nothing about Wood Norton Hall to identify it as the site of the BBC's secret nuclear bunker. Who knew there even was such a thing? According to the official line, Wood Norton is a training camp, where sound engineers are sent for residential weekends. But it's what you can't see from above the ground that is intriguing. Buried 10 storeys into the hillside is a fully functioning nuclear bunker, built at great expense in 1966, at the height of the Cold War. Those involved in its construction were obliged to sign the Official Secrets Act, and even now you won't get a peep out of the BBC press office to acknowledge the reality. Measuring 175ft long, the bunker – known to high command as Pawn: Protected Area Wood Norton – remains ready for service in the event of an attack on London. It is said to have beds and ping-pong tables and is connected by tunnels dug into the hillside to a mast on top of the hill which is fitted with a super high-frequency satellite dish. According to the Government War Book, a Cold War document that was declassified only last year and which sets out what happens in the event of a nuclear strike, Wood Norton was a vital tool in keeping the country informed should chaos descend. While the Cabinet would be secreted away in another bunker in Corsham, Wiltshire, pre-recorded tapes kept at Wood Norton would be broadcast across the nation in the minutes before any bomb was dropped.
Note: For important stories from reliable sources on government secrecy, click here.
When discussing reserve currency alternatives to the US dollar, conversation almost inevitably returns to the International Monetary Fund’s “synthetic reserve asset,” the Special Drawing Right (SDR). However, the SDR basket of currencies is noticeably antiquated in its design, including only the currencies of industrialized nations. This week, foreign exchange manager Overlay Asset Management [OAM] has announced a currency basket it’s launching in order to offer a more up-to-date “virtual world reserve currency.” According to the Financial Times: “[OAMs] Wealth Preservation Currency Index consists of the currencies of the world’s 15 largest economies, weighted by their gross domestic product, adjusted for purchasing power parity. Overlay’s rationale is that investment portfolios are often heavily exposed to the dollar, but many investors have doubts as to whether the greenback can retain its value and remain the world’s primary reserve currency.” The global “currency war” — as many are calling it — continues to heat up, with no obvious resolution in sight. While it wouldn’t be a simple, quick, or painless process to replace the US dollar as reserve currency, it seems inevitable that calls for just such action are bound to increase, especially if currently loose US monetary policy ... continues unabated.
Note: You can read more details in Financial Times coverage of how a new world currency index has launched.
GlaxoSmithKline, the British drug giant, has agreed to pay $750 million to settle criminal and civil complaints that the company for years knowingly sold contaminated baby ointment and an ineffective antidepressant – the latest in a growing number of whistle-blower lawsuits that drug makers have settled with multimillion-dollar fines. Altogether, GlaxoSmithKline sold 20 drugs with questionable safety that were made at a huge plant in Puerto Rico that for years was rife with contamination. Cheryl D. Eckard, the company's quality manager, asserted in her whistle-blower suit that she had warned Glaxo of the problems but the company fired her instead of addressing them. Among the drugs affected were Paxil, an antidepressant; Bactroban, an ointment; Avandia, a troubled diabetes drug; Coreg, a heart drug; and Tagamet, an acid reflux drug. Justice Department officials announced the settlement in a news conference Tuesday afternoon in Boston, saying a $150 million payment to settle criminal charges was the largest such payment ever by a manufacturer of adulterated drugs. The outcome also provides $600 million in civil penalties. The share to the whistle-blower will be $96 million, one of the highest such awards in a health care fraud case.
Note: For key reports from major media sources on corporate corruption and criminality, click here.
It started with a fingerprint of a 25-year-old college professor who opposed the Vietnam War and ended with a search for his remains, 32 years later, in a wooded area near Eveleth, Minn. The FBI's files on Paul and Sheila Wellstone [show that] the FBI initially took interest in Wellstone as part of the broader surveillance of the American left ... and, in the end, [sifted] through the wreckage of the fatal plane crash that killed Wellstone and seven others eight years ago. Wellstone's surviving sons declined to comment on the documents, which were obtained in response to a Freedom of Information Act request filed by MPR News. The FBI did not include 76 pages related to the National Transportation Safety Board, the agency that investigated the crash. A request for those records is pending. Coleen Rowley, the 9/11 whistleblower and former chief legal advisor in the FBI's Minneapolis office, said the documents from 1970 shed light on the FBI's far-reaching efforts to quash political dissent. "I think this really is valuable … because it's basically history repeating what we have right now," she said, noting the recent FBI raids at the homes of several anti-war organizers in Minneapolis. Wellstone's arrest occurred less than a year before the official end of Cointelpro, a series of secret domestic surveillance programs created by FBI Director J. Edgar Hoover to monitor and disrupt groups deemed to be a threat to national security.
Note: For insights into the deeper implications of Senator Wellstone's mysterious plane crash, click here.
It’s striking that the most innovative activists aren’t necessarily the ones with the most resources, or the best tools. Maggie Doyne epitomizes this truth, for she began her philanthropic work as an 19-year-old financed by her baby-sitting savings. Yet she has somehow figured out how to run a sophisticated aid project in a remote area of Nepal. She took a “gap year” after high-school graduation and ended up in northern India, working with needy children. “The first little girl I met was Hema,” Doyne remembers. Then 6 or 7 years old (few children know their precise age), Hema spent her time breaking rocks and scavenging garbage and had no chance to go to school. Doyne, who decided to take Hema under her wing and pay for her education: “I knew I couldn’t do anything about a million orphans, but what if I started with this girl?” So she took Hema to school and paid $7 for the girl’s school fees and another $8 for a uniform so that she could enter kindergarten. “It became addictive,” Doyne said. “I said, if I can help one girl, why not 5? Why not 10? And along with scholarships, they needed the most basic things: food, shelter, clothing.” Doyne ... telephoned her parents with a strange and urgent request: Can you wire me the money in my savings account? Doyne returned to New Jersey and began to take odd jobs and proselytize for her shelter. People in her hometown thought that she was nuts, but in a benign way — and they wrote checks. After a few months, when Doyne had raised $25,000, she moved back to Nepal to oversee construction of the shelter, called the Kopila Valley Children’s Home.
Note: For a beautiful slide show of Maggie's work, click here. For a treasure trove of great news articles which will inspire you to make a difference, click here.
"Inside Job," as the movie title implies, sees the 2008 financial meltdown, its causes and ongoing catastrophic consequences, as the work of crooks. Crooks as in members of the financial services industry. Aided and abetted by ... administrations of both political stripes, ratings agencies and regulators, all of whom were committed to an ideology that enabled larceny on a grand scale. The documentary, written, produced and directed by Bay Area high-tech entrepreneur turned filmmaker Charles Ferguson, opened in Bay Area cinemas [on October 22]. Even if you've read through the growing pile of books, congressional hearings and material generated by the Financial Crisis Inquiry Commission, it has plenty to remind you why you are furious, all over again. If further proof is needed, the film effectively demolishes the "who knew?" argument proffered by Goldman Sachs Group CEO Lloyd Blankfein and his peers. And it makes a convincing case that much of the obscenely compensated financial services industry has been rotten to the core for decades, but is yet to be held truly accountable for activities, both immoral and illegal.
Note: For lots more from reliable sources on the criminal practices of the largest financial corporations and regulatory agencies which led to the current economic crisis, click here.
Randy Quaid, the American actor famous for playing characters as diverse as the trailer-trash scrounger in the "National Lampoon" series to his nation's saviour in "Independence Day", is at the centre of a real-life drama more bizarre than anything the movies ever cooked up for him. He and his wife are claiming asylum in Canada because, in her words, they fear they are on a Hollywood "death list". The couple were arrested in Vancouver after police responded to a call and found there were warrants out for them in California. The couple told the immigration adjudicator that they are being persecuted in the United States. Evi Quaid begged a Canadian immigration adjudicator not to force them to return, saying that friends, such as the actors David Carradine and Heath Ledger, had been "murdered" under mysterious circumstances and she was worried something would happen to her husband next. "We feel our lives are in danger," she said. "Randy has known eight close friends murdered in odd, strange manners... We feel that we're next." During a break in the proceedings, the Quaids' lawyer, Brian Tsuji, approached the media to read a single-sentence statement from the Quaids. "We are requesting asylum from Hollywood star-whackers," he read, declining further comment on the mental state of his clients. Randy Quaid, 60, complained he had been persecuted for 20 years.
Every email, phone call and website visit is to be recorded and stored after the Coalition Government revived controversial Big Brother snooping plans. It will allow security services and the police to spy on the activities of every Briton who uses a phone or the internet. Moves to make every communications provider store details for at least a year will be unveiled later this year sparking fresh fears over a return of the surveillance state. It comes despite the Coalition Agreement promised to "end the storage of internet and email records without good reason". The plans are expected to involve service providers storing all users details for a set period of time. That will allow the security and police authorities to track every phone call, email, text message and website visit made by the public if they argue it is needed to tackle crime or terrorism. The information will include who is contacting whom, when and where and which websites are visited, but not the content of the conversations or messages. The move was buried in the Government's Strategic Defence and Security Review.
Note: For lots more from major media sources on increasing government and corporate threats to privacy, click here.
A CIA lawsuit threatens to turn a little-known two-year-old tell-all by a disgruntled former spy into a bestseller. Within hours of the lawsuit's filing [on October 19], The Human Factor: Inside the CIA's Dysfunctional Intelligence Culture, had rocketed up the Amazon rankings. The Human Factor, written by an ex-agent using the pseudonym Ishmael Jones, went largely unnoticed when it was first published in July 2008. In the book, "Jones" charges the CIA with waste, fraud and abuse as he details his career over two decades working under non-official cover, or NOC, mainly in Europe. The agency is seeking any money Jones received for the publication or sales of the book. The suit, which does not allege that Jones revealed any classified information, raises questions about why the agency would bring a case two years after publication and where both sides agree no sensitive secrets were revealed. Steven Aftergood, an expert on government secrecy, said "This is a bone-headed move. You'll make an obscure book by an unknown author into a national news story." But Aftergood said the agency's real aim is internal discipline. "The government is not simply concerned about protecting secrets. It is also concerned about Jones' overt defiance of established security rules." Jones and other former CIA officers have complained in the past that the CIA's publication review consistently favors former spies who tell stories flattering to the agency. Jones suggested that the antipathy towards the book focused on his message, a sharp critique of the CIA.
Note: For a highly informative documentary on the secrets of the CIA, 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.