News ArticlesExcerpts of Key News Articles in Major Media
Note: Explore our full index to revealing excerpts of key major media news articles on dozens of engaging topics. And read excerpts from 20 of the most revealing news articles ever published.
Mad about the bank bailouts? Had enough of huge bonuses and too-big-to-fail apologies? Here's one way to do something about it. Take your money out. That's right. Take your checking and savings account out of that big money-center financial institution and move it to a community bank or credit union. There's even a movement afoot to help consumers make the switch, called Move Your Money. The website offers search tools so consumers thinking about switching can type in their zip codes to find a credit union or a strong community bank nearby. Even in 2008, the latest numbers available, credit unions and community banks have seen an increase in depositors. Now "other people are taking up the call to move their money into a community bank," says Karen Tyson, senior vice president for communications at the Independent Community Bankers of America. "We can't help but be happy with that." Amber Taylor of Arlington, Va., is one of those who's actually switching. "I never thought about what bank I chose before," she says. "I don't know what huge difference this will make in the big world [but] it's one little thing that I discovered I could do."
An investigation by BBC's Newsnight has cast doubts on the key piece of evidence which convicted the Lockerbie bomber, Abdelbaset Ali al-Megrahi. Tests aimed at reproducing the blast appear to undermine the case's central forensic link, based on a tiny fragment identified as part of a bomb timer. The tests suggest the fragment, which linked the attack to Megrahi, would not have survived the mid-air explosion. Newsnight has ... exposed serious doubts about the forensics used to identify the fragment as being part of a trigger circuit board. The fragment was found three weeks after the attack. For months it remained unnoticed and unremarked, but eventually it was to shape the entire investigation. The fragment was embedded in a charred piece of clothing, which was marked with a label saying it was made in Malta. So the focus turned to Malta and the question of who had bought the clothes. A shopkeeper on the island identified Megrahi, but this came only years later after he saw him pictured in a magazine as a Lockerbie suspect. Newsnight has discovered that the fragment - crucial to the conviction - was never subjected to chemical analysis or swabbing to establish whether it had in fact been involved in any explosion.
Note: For a revealing documentary showing a major cover-up of the Lockerbie bombing, click here. For many reports from major media sources questioning the evidence presented in the prosecution of "terrorism" cases, click here.
Bush administration officials came up with all kinds of ridiculously offensive rationalizations for torturing prisoners. It's not torture if you don't mean it to be. It's not torture if you don't nearly kill the victim. It's not torture if the president says it's not torture. It was deeply distressing to watch the United States Court of Appeals for the District of Columbia Circuit sink to that standard in April when it dismissed a civil case brought by four former Guantánamo detainees never charged with any offense. The court said former Secretary of Defense Donald Rumsfeld and the senior military officers charged in the complaint could not be held responsible for violating the plaintiffs' rights because at the time of their detention ... it was not "clearly established" that torture was illegal. The Supreme Court could have corrected that outlandish reading of the Constitution, legal precedent, and domestic and international statutes and treaties. Instead, last month, the justices abdicated their legal and moral duty and declined to review the case. The justices surely understood that their failure to accept the case would further undermine the rule of law. In effect, the Supreme Court has granted the government immunity for subjecting people in its custody to terrible mistreatment. It has deprived victims of a remedy and Americans of government accountability, while further damaging the country's standing in the world.
Note: For many reliable reports on the torture used by governments pursuing the "war on terror", click here.
For most of the past 70 years, the U.S. economy has grown at a steady clip, generating perpetually higher incomes and wealth for American households. But since 2000, the story is starkly different. The past decade was the worst for the U.S. economy in modern times, a sharp reversal from a long period of prosperity. It was, according to a wide range of data, a lost decade for American workers. The decade began in a moment of triumphalism -- there was a current of thought among economists in 1999 that recessions were a thing of the past. By the end, there were two, bookends to a debt-driven expansion that was neither robust nor sustainable. There has been zero net job creation since December 1999. No previous decade going back to the 1940s had job growth of less than 20 percent. Economic output rose at its slowest rate of any decade since the 1930s as well. Middle-income households made less in 2008, when adjusted for inflation, than they did in 1999 -- and the number is sure to have declined further during a difficult 2009. The Aughts were the first decade of falling median incomes since figures were first compiled in the 1960s. And the net worth of American households ... has also declined when adjusted for inflation, compared with sharp gains in every previous decade since data were initially collected in the 1950s.
Note: For revealing reports from major media sources on the realities of the economic crisis, click here.
In 2009, the Justice Department began to release reports and top-secret memos detailing interrogation techniques ... used by CIA officers against suspected terror operatives. The list of brutal techniques, including holding prisoners in small boxes, staging mock executions, and water torture, is reminiscent of some of the worst human-rights abuses on record. In medieval Europe, torture was more than just a means of punishment. Many criminal trials of the era consisted of one or more 'ordeals,' painful tests designed to prove guilt or innocence through supernatural judgment. During waterboarding, a technique first used in the 14th century, torturers begin by pumping water directly into a victim's stomach or slowly flooding his throat with liquid. Used extensively during the Spanish Inquisition, the practice became less publicly acceptable during the Enlightenment, then experienced an underground resurgence in the 19th century. Since World War II, different forms of waterboarding have been employed by governments in Japan, Cambodia, the United Kingdom and the United States, among others. In addition to performing forced labor, prisoners at Nazi concentration camps became subjects in some of the cruelest medical experiments ever performed. They were often held at extreme altitudes and temperatures to help develop new survival strategies or exposed to deadly gases and diseases in order to test vaccines. Many of these tests, directed by the infamous Josef Mengele at Auschwitz, advanced Nazi ideology by establishing 'Jewish racial inferiority.'
Note: The above link leads to a revealing 12-part slide show on the history of torture. For more disturbing information on how Nazi torture techniques were eventually used by the CIA for mind control, click here.
As Northwest Flight 253 made its final approach to Detroit on Christmas, the actions of one man put at risk the lives of nearly 300 passengers on the jetliner -- and the quick thinking of another helped prevent disaster. Jasper Schuringa, a Dutch filmmaker, appeared on CNN's "Larry King Live". "First, it was just 'bang,'" he said. "And you're trying to look around, like where's this bang coming from." Immediately afterward, someone screamed "Fire!" Schuringa said he noticed a man on the left side of the aisle, sitting still while on fire. "And he was still holding it in his hands. And I had to, like, rip the bomb out of his hands." Schuringa said the man just stared at him, but did not let go of whatever he was holding onto. Schuringa described how he yanked the object from the man, stamped out the fire with his hands and tossed it. Through it all, the man appeared dazed. "He was staring into nothing," Schuringa said. Among the passengers on the Friday flight were Wisconsin native Richelle Keepman and her family. On "Larry King Live" she [remembered] one odd detail. Amid the commotion, a man about 10 seats in front of Keepman was capturing it all with a camcorder. "It was definitely a little out of the ordinary," she said. "I mean, I don't know why he was standing up and we were supposed to be seated and he was filming it."
Note: There are many other very strange things related to this flight reported in the media. For those interested in exploring more verifiable facts around this incident, click here.
H.R. 4173 [is] the financial-reform legislation passed earlier this month by the House of Representatives. The Senate has yet to pass its own reform plan. The baby of Financial Services Committee Chairman Barney Frank, the House bill is meant to address everything from too-big-to-fail banks to asleep-at-the-switch credit-ratings companies to the protection of consumers from greedy lenders. At 1,279 pages, the “Wall Street Reform and Consumer Protection Act” is a real slog. While banks opposed the legislation, they should cheer for its passage by the full Congress in the New Year: There are huge giveaways insuring the government will again rescue banks and Wall Street if the need arises. For all its heft, the bill doesn’t once mention the words “too-big-to-fail,” the main issue confronting the financial system. Instead, it supports the biggest banks. It authorizes Federal Reserve banks to provide as much as $4 trillion in emergency funding the next time Wall Street crashes. So much for “no-more-bailouts” talk. The bill also allows the government, in a crisis, to back financial firms’ debts. Bondholders can sleep easy -- there are more bailouts to come.
Note: For a treasure trove of reliable reports on the government bailout of Wall Street, click here.
The massive U.S. Senate healthcare reform measure passed ... with support from the multibillion drug industry, but makers of cheaper generic rivals are feeling left out in the cold. Generic drugmakers face several obstacles in the bill backed by Democrats that they worry will dampen a potential increase in use even as more people gain access to health insurance and prescription medicines. The hurdles include extensive protections against generic versions of pricey biotech medicines, an incentive for Medicare recipients to use more brand-name drugs, and a possible end to payments from brandname makers to delay the launch of copy-cat medicines. "The bill passed by the Senate unfortunately amounts to a treasure trove to brand drug companies," said Generic Pharmaceutical Association President Kathleen Jaeger. Bill Marth, chief executive of Teva's North American operations, said Democrats missed a chance to further boost [generics] use: "It's frustrating," he said. "Maybe some people have just lost sight of what the bill is supposed to do."
Note: For a powerful analysis by Dr. Marcia Angell, former editor in chief of the New England Journal of Medicine, of the corrupt relationship between the biggest pharmaceutical companies and the federal government, click here. Drug company lobbyists who contribute millions of dollars to the elections campaigns of Congress members have a huge influence which is often detrimental to public health.
A Michigan man who was aboard Northwest Airlines Flight 253 says he witnessed Umar Farouk Abdul Mutallab trying to board the plane in Amsterdam without a passport. Kurt Haskell of Newport, Mich. ... talked exclusively with MLive.com and confirmed he was on the flight by sending a picture of his boarding pass. He and his wife, Lori, were returning from a safari in Uganda when they boarded the NWA flight on Friday. Haskell said he and his wife were sitting on the ground near their boarding gate in Amsterdam, which is when they saw Mutallab approach the gate with an unidentified man. While Mutallab was poorly dressed, his friend was dressed in an expensive suit, Haskell said. He says the suited man asked ticket agents whether Mutallab could board without a passport. “The guy said, 'He's from Sudan and we do this all the time.'” Mutallab is Nigerian. Haskell believes the man may have been trying to garner sympathy for Mutallab's lack of documents by portraying him as a Sudanese refugee. The ticket agent referred Mutallab and his companion to her manager down the hall, and Haskell didn't see Mutallab again until after he allegedly tried to detonate an explosive on the plane. As Mutallab was being led out of the plane in handcuffs, Haskell said he realized that was the same man he saw trying to board the plane in Amsterdam. About an hour after landing, Haskell said he saw another man being taken into custody. But a spokeswoman from the FBI in Detroit said Mutallab was the only person taken into custody.
Note: For many other reports from reliable sources that raise profound questions about the official accounts of "terrorist incidents," click here.
Earth's north magnetic pole is racing toward Russia at almost 40 miles (64 kilometers) a year due to magnetic changes in the planet's core. Newly analyzed data suggest that there's a region of rapidly changing magnetism on the core's surface, possibly being created by a mysterious "plume" of magnetism arising from deeper in the core. And it's this region that could be pulling the magnetic pole away from its long-time location in northern Canada. The magnetic north pole had moved little from the time scientists first located it in 1831. Then in 1904, the pole began shifting northeastward at a steady pace of about 9 miles (15 kilometers) a year. In 1989 it sped up again, and in 2007 scientists confirmed that the pole is now galloping toward Siberia at 34 to 37 miles (55 to 60 kilometers) a year. A rapidly shifting magnetic pole means that magnetic-field maps need to be updated more often to allow compass users to make the crucial adjustment from magnetic north to true North. Also, nobody knows when another change in the core might pop up elsewhere, sending magnetic north wandering in a new direction.
Osama bin Laden’s closest relatives are living in a secret compound in Iran, members of the family said. They include a wife and children who disappeared from his Afghan camp at the time of the 9/11 attacks on the United States. There has been uncertainty about the family’s whereabouts for the past eight years, with reports that some of the children had been killed in bombings. However, relatives said that they found out last month that the group, including one of Osama’s wives, six of his children and 11 of his grandchildren, had been kept in a high-security compound outside Tehran. Members of the bin Laden family are now appealing for the group to be allowed to leave Iran and described them as the “forgotten victims of 9/11”. Omar Ossama bin Laden, 29, [Osama bin Laden's] fourth-eldest son, said he had no idea that his brothers and sisters were still alive until they called him in November. They told him how they had fled Afghanistan just before the 9/11 attacks and walked to the Iranian border. They were taken to a walled compound outside Tehran where guards said they were not allowed to leave “for their own safety”.
Note: This article fails to mention that the US government secretly assisted many bin Laden family members to escape the US within days of the 9/11 attacks, as reported in the major media. For more on this, click here. For many other reports by the major media raising serious questions about the involvement of rogue elements of government in 9/11, click here.
U.S. banks that spent more money on lobbying were more likely to get government bailout money. Banks whose executives served on Federal Reserve boards were more likely to receive government bailout funds from the Troubled Asset Relief Program, according to the study from Ran Duchin and Denis Sosyura, professors at the University of Michigan's Ross School of Business. Banks with headquarters in the district of a U.S. House of Representatives member who serves on a committee or subcommittee relating to TARP also received more funds. Political influence was most helpful for poorly performing banks, the study found. "Political connections play an important role in a firm's access to capital," Sosyura, a University of Michigan assistant professor of finance, said in a statement. Banks with an executive who sat on the board of a Federal Reserve Bank were 31 percent more likely to get bailouts through TARP's Capital Purchase Program. Banks with ties to a finance committee member were 26 percent more likely to get capital purchase program funds. As of late September, nearly 700 financial institutions had received bailouts of $205 billion under the capital purchase program. The banking industry has long been criticized for using political influence to obtain bailouts.
Note: For lots more from reliable sources on the symbiosis between big finance and big government, click here.
David Docter and his neighbor on Capitol Hill share a lawn mower and a pressure washer. "Why should we have two pressure washers when I use it twice a year and he uses it twice a year?" asks Docter, who applies similar logic to the mower and to an Oregon Coast cabin he and his wife, Alicia, share with a dozen other families. Two decades ago, when they bought into the cabin, it would have been tough to afford alone. Now, each family gets to use it several weeks a year for minimal expense. These sharing arrangements are small steps. But through them, each family has lightened its footprint, freed up cash and fix-it time, and found confidence in cooperation. Which leads to a logical question: If sharing stuff is so environmentally and economically sensible, why don't more people do it? Why do so many of us have hedge trimmers languishing and taking up space in our garages? Why are huge RVs parked in driveways and boats sitting in slips for 50 weeks at a time? Because sharing is scary. Ask anybody. There's a reason why Nolo Press' recent book, The Sharing Solution: How to Save Money, Simplify Your Life & Build Community, includes "agreements and forms." Long chapters discuss such issues as responsibilities and conflict resolution.
A healthcare firm is seeking to silence a Danish academic from expressing doubts about one of its products by using England’s draconian libel laws. Two years ago in a conference room in the Randolph hotel in Oxford, Henrik Thomsen ... one of Europe’s leading radiologists, revealed how patients treated at his hospital had subsequently contracted a rare and potentially fatal disease. Thomsen and other doctors at his Copenhagen University hospital were baffled as to why 20 kidney patients who had been given routine scans were afflicted by a disorder — nephrogenic systemic fibrosis (NSF) — in which the skin gradually swells, thickens and tightens. Some sufferers were confined to wheelchairs. At least one died. There was no known cure. It was confirmed that all those who had fallen ill with NSF had been given the same drug in advance of a magnetic resonance imaging (MRI) scan. Omniscan was used to enhance the images produced by the scan. The product was sold around the world and was manufactured by GE Healthcare, a subsidiary of General Electric, one of the world’s largest corporations. Thomsen ... now refuses to speak anywhere in England on the possible risks of Omniscan. The reason is that he faces another kind of storm: GE Healthcare is suing him in the High Court for libel. GE has already racked up costs of more than Ł380,000 pursuing the respected academic. Thomsen will have to pay the firm’s costs if he loses the case.
Note: For lots more on corporate corruption from reliable sources, click here.
[Bill Moyers:] Something's not right here. One year after the great collapse of our financial system, Wall Street is back on top while our politicians dither. As for health care reform, you're about to be forced to buy insurance from companies whose stock is soaring, and that's just dandy with the White House. It's capital. Raw money, mounds of it, buying politicians and policy as if they were futures on the hog market. Some of the big insurance companies, Well Point, Cigna, United Health, all surged to a 52 week high in their share prices this week when it was clear there'd be no public option in the health care bill going through Congress right now. What does that tell you? ROBERT KUTTNER: Their strategy was cut a deal with the insurance companies, the drug industry going in. And the deal was, we're not going to attack your customer base, we're going to subsidize a new customer base. And that script was pre-cooked so it's not surprising that this is what comes out the other side. Once the White House made this deal with the insurance companies, the public option was never going to be anything more than a fig leaf. And over the summer and the fall, it got whittled down, whittled down, whittled down to almost nothing and now it's really nothing.
Note: For lots more on corporate and government corruption from reliable sources, click here and here.
A key terror suspect who allegedly helped to plan last year’s attacks in Mumbai and plotted to strike Europe was an American secret agent who went rogue, Indian officials believe. David Headley, 49, who was born in Washington to a Pakistan diplomat father and an American mother, was arrested in Chicago in October. He has denied the charges. He came to the attention of the US security services in 1997 when he was arrested in New York for heroin smuggling. He earned a reduced sentence by working for the US Drug Enforcement Agency (DEA) infiltrating Pakistan-linked narcotics gangs. Indian investigators, who have been denied access to Mr Headley, suspect that he remained on the payroll of the US security services — possibly working for the Central Intelligence Agency (CIA) — but switched his allegiance to LeT. “India is looking into whether Headley worked as a double agent,” an Indian Home Ministry official said yesterday. Mr Headley, who changed his name from Daood Gilani, was in Mumbai until two weeks before the attacks on the city. Despite being firmly on the radar of the US intelligence agencies, he was allowed to return to India as recently as March. Indian officials are furious that their American counterparts did not share details of that visit at the time. The Indian media has raised the possibility that Mr Headley was being protected by his American handlers — a theory that experts say is credible.
Note: For many other reports from major media sources that raise profound questions about the official account of "terrorism," click here.
It played like a scene from a holiday movie – a mystery couple, who didn’t leave their names or numbers, walked into a restaurant, finished their meal and then set off a chain reaction of generosity that lasted for hours. That’s just what employees at the Aramingo Diner in the Port Richmond section of Philadelphia said a man and a woman did during their breakfast shift Saturday morning. “It was magical. I had tears in my eyes because it never happened before. I’ve been here for 10 years, and I’ve never seen anything like that,” said Lynn Willard, a waitress. “I could not believe it. And it continued and continued,” said Willard. “They asked us not to say anything until they left, [and only then to] say, ‘Merry Christmas, that person picked up your check.’” For the next five hours, dozens of patrons got into that same holiday spirit and paid the favor forward. The diner’s manager said not one person was concerned about price of the check – which ran between $12 and $30. “It was a surprise to all of us,” said the diner's manager. “Those who took the check also tipped the waitress. So nobody had to do anything other than pass it on, and that’s what they did. They just passed it forward.” It’s a true holiday story that proves how a small gesture of kindness can create some magic.
In the United Kingdom ... the country’s top drug adviser was recently fired for publicly criticizing his own government’s drug laws. The adviser, Dr. David Nutt, said in a lecture that alcohol is more hazardous than many outlawed substances, and that the United Kingdom might be making a mistake in throwing marijuana smokers in jail. His comments weren’t the idle musings of a reality-insulated professor in a policy job. They were based on ... a scientifically compiled ranking of drugs, assembled by specialists in chemistry, health, and enforcement, published in a prestigious medical journal two years earlier. The list, printed as a chart with the unassuming title “Mean Harm Scores for 20 Substances,” ranked a set of common drugs, both legal and illegal, in order of their harmfulness - how addictive they were, how physically damaging, and how much they threatened society. Overall, alcohol is far worse than many illegal drugs. So is tobacco. Smoking pot is less harmful than drinking, and LSD is less damaging yet. Nutt says he didn’t see himself as promoting drug use or trying to subvert the government. He was pressing the point that a government policy, especially a health-related one like a drug law, should be grounded in factual information.
Note: For lots more on key health issues, click here.
In many ways, nothing has changed at the SAME Café in mid-town Denver. A week ago, we brought in the NBC News camera and recorded a typical Friday lunch rush. We were there because a viewer had e-mailed Brian Williams [about] the couple who run the café. Brad and Libby Birky serve great food, but accept in return only what the customer can afford. Some pay nothing, while others, who still have jobs and paychecks pay something, sometimes double or even triple what the meal would cost anywhere else in town. A week after we visited the SAME Café, some things have changed. Within 24 hours, the café's web-site -- www.soallmayeat.org -- was hit with over 4000 e-mails. The messages came from Maine, Alaska, California, and all points in between. They were overwhelmingly warm and supportive. Contributions poured in. So far, the figure is about $13,000. The money is coming in small amounts, primarily from people who will never taste the pizza at the SAME cafe. Brad says they are "flooded" with offers from people from the Denver area to help prepare, cook, and clean up the café. More volunteers than could fit in the café. Brad isn’t turning anyone away, "We'll just schedule them in a few weeks down the road, when the rush is over." After more than two years running the café, Brad knows "the rush" will slow down.
Note: Founded in October 2006, this incredibly inspiring cafe has not gotten nearly the press coverage that it deserves, though you can find a couple major media articles at this link and this one. For a great, five-minute video on this most inspiring cafe, click here.
Forget too big to fail. In the eyes of federal regulators, many Wall Street firms are too big to punish. During the past three years, some of the nation's largest financial firms have been accused by the government of cheating or misleading clients and ripping off tens of thousands of consumers of their investments. Despite these findings, these financial giants got, sometimes repeatedly, special exemptions from the Securities and Exchange Commission that have saved them from a regulatory death penalty that could have decimated their lucrative mutual fund businesses. Among the more than a dozen firms that have gotten these SEC get-out-of-jail cards since January 2007 are some of Wall Street's biggest, including Bank of America, Citigroup and American International Group. SEC rules permit corporate lawbreakers to apply for what are known as Section 9(c) waivers from one of the agency's harshest penalties — effectively shuttering the violator's mutual fund operations — but regulators never rejected any of these firms' applications. In fact, the last time the SEC's staff could recall a waiver being turned down was 1978. The SEC declined to comment in detail.
Note: For lots more from reliable sources on the realities of the Wall Street bailout, 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.