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Revealing News For a Better World

News Articles
Excerpts of Key News Articles in Major Media


Below are key excerpts of little-known, yet highly revealing news articles from the media. Links are provided to the full news articles for verification. If any link fails to function, read this webpage. These articles are listed by order of importance. You can also explore these articles listed by order of the date of the news article or by the date posted. By choosing to educate ourselves, we can build a brighter future.

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.


New Terrain for Panel on Bailout
2008-11-04, New York Times
http://www.nytimes.com/2008/11/04/business/economy/04bailout.html?partner=rss...

Having been handed vast authority and almost no restrictions in the bailout law that Congress passed ... a committee of five little-known government officials, aided by a bare-bones staff of 40, is picking winners and losers among thousands of banks, savings and loans, insurers and other institutions. It is new and unfamiliar terrain for the officials, who are making monumental decisions — a form of industrial policy, some critics say — that contradict the free market philosophy they usually espouse. Predictably, the process is stirring alarm from Capitol Hill to Wall Street. Among the problems, critics say, is that despite earlier promises of transparency, the process is shrouded in secrecy, its precise goals opaque. Treasury officials have refused to disclose their criteria for deciding which banks ... get money. And officials have yet to say they even have a broader strategy, though banking executives are convinced the government wants to encourage acquisitions. Already, critics from Capitol Hill to Wall Street are lashing out at the program, saying the banks are misusing the capital infusions by hoarding the money rather than lending it. The government, the critics say, is wrongly steering funds to banks to take over weaker rivals. All this comes after Mr. Paulson abruptly shifted the focus of the program to injecting capital rather than buying distressed mortgage-related assets from the banks. This meant that Congress had never debated the details of how the government ought to carry out a recapitalization.

Note: With the intense secrecy and all of the lobbyist and big guns for banking fighting for hundreds of billions of dollars given practically free by the government, do you really think these "five little-known government officials" will be impartial in their decisions? For many revealing, reliable reports on the Wall Street bailout, click here.


So When Will Banks Give Loans?
2008-10-25, New York Times
http://www.nytimes.com/2008/10/25/business/25nocera.html?partner=rssuserland&...

“Chase recently received $25 billion in federal funding. What effect will that have on the business side and will it change our strategic lending policy?” It was Oct. 17, just four days after JPMorgan Chase’s chief executive, Jamie Dimon, agreed to take a $25 billion capital injection courtesy of the United States government, when a JPMorgan employee asked that question [during] an employee-only conference call. The JPMorgan executive who was moderating the employee conference call didn’t hesitate to answer. “What we ... think it will help us do is perhaps be a little bit more active on the acquisition side or opportunistic side for some banks who are still struggling. I think there are going to be some great opportunities for us to grow in this environment, and I think we have an opportunity to use that $25 billion in that way.” Read that answer as many times as you want — you are not going to find a single word in there about making loans to help the American economy. On the contrary: It is starting to appear as if one of Treasury’s key rationales for the recapitalization program — namely, that it will cause banks to start lending again — is a fig leaf, Treasury’s version of the weapons of mass destruction. In fact, Treasury wants banks to acquire each other and is using its power to inject capital to force a new and wrenching round of bank consolidation. Treasury would even funnel some of the bailout money to help banks buy other banks. And, in an almost unnoticed move, it recently put in place a new tax break, worth billions to the banking industry, that has only one purpose: to encourage bank mergers. As a tax expert, Robert Willens, put it: “It couldn’t be clearer if they had taken out an ad.”

Note: Was the real purpose of the "bailout" to strengthen the biggest banks by enabling them to gobble up the smaller ones at the public's expense? No wonder the legislation was rushed through without discussion! For lots more highly revealing reports on the Wall Street bailout, click here.


Blacklight Power bolsters its impossible claims of a new renewable energy source
2008-10-21, New York Times
http://www.nytimes.com/external/venturebeat/2008/10/21/21venturebeat-blacklig...

Ask nearly any physicist if it’s possible for a hydrogen atom to enter a lower energy state than the ground, or resting, state they hold in nature, and you’re likely to get an unequivocal “no”. But a tiny company in New Jersey called Blacklight Power has been disputing that assumption for over a decade, and of late, making gad-fly claims that its founder says will overturn the accepted scientific order. Blacklight’s claims have a special significance: If they’re true, there’s a source of cheap, clean energy that can be easily tapped anywhere in the world. Blacklight is now saying that it has physical proof of its energy generator, verified by an independent university lab. Its “hydrino” theory isn’t put forth by a single crackpot; instead, the company employs a good handful of high-level scientists who would presumably rebel if the idea was totally false. It has also taken over $60 million in venture funding. Despite a hearty rejection by the scientific mainstream, and being ignored for years on end, its founder, Randell Mills, has plugged on. Now an engineering team at Rowan University ...has come forward with results from its own tests of the Blacklight process. Tests conducted in sealed chambers, and measured with a device called a calorimeter, show a heat reaction from a substance provided by Blacklight far beyond anything anticipated. “We’ve been able to regularly reproduce these results and we believe any research lab could do the same,” Peter Jansson, the faculty member heading the experiments, [said].

Note: For several videos demonstrating this amazing new energy source, click here. For reports from professors and engineers who have validated this exciting technology, click here.


Puzzled Researchers Vet BlackLight’s Physics-Defying Hydrogen Power
2008-10-21, New York Times
http://www.nytimes.com/external/gigaom/2008/10/21/21gigaom-blacklight-validat...

BlackLight Power, the company that has pulled in $60 million for its seemingly physics-defying fuel cell, is back with an announcement about an independent validation of its technology. A team of engineers, headed by Dr. Peter Jansson at Rowan University, have tested BlackLight’s prototypes and found that the devices perform as BlackLight claims, ambiguously concluding that “there is a novel reaction of some type causing the large exotherm which is consistently produced.” To translate: There’s definitely lots of energy being produced. They’re just not sure why. BlackLight says its technology can push an electron closer to the nucleus by way of a catalytic reaction, resulting in a huge amount of clean energy. The company describes the reaction as “somewhere between a nuclear and a chemical reaction,” but without any of the messy fallout. The team at Rowan tested BlackLight’s 1,000- and 50,000-watt reactors over three months and were able to replicate BlackLight’s energy claims, saying that the energy produced “cannot be explained by other known sources like combustion or nuclear energy.” The company says a complete verification of the whole process will likely happen within a year. BlackLight tells us it is now in the process of licensing its technology to power producers. The company says it has enough capital to get through commercialization and plans to have its reactors in a power plant in the next two years.

Note: For several videos demonstrating this amazing new energy source, click here. For reports from professors and engineers who have validated this exciting technology, click here.


When Doctors, and Even Santa, Endorsed Tobacco
2008-10-06, New York Times
http://www.nytimes.com/2008/10/07/business/media/07adco.html

People who remember when tobacco advertising was a prominent part of the media landscape ... probably recollect that actors like Barbara Stanwyck and athletes like Mickey Mantle routinely endorsed cigarettes. But how about doctors and other medical professionals, proclaiming the merits of various cigarette brands? Or politicians? Or children? Even Santa Claus? Those images — some flabbergasting, even disturbing — were also used by Madison Avenue to peddle tobacco products. An exhibit ... in New York presents cigarette ads from the 1920s through the early 1950s in an effort to demonstrate what has changed since then — and what may not have. The exhibit is the brainchild of Dr. Robert K. Jackler of the Stanford School of Medicine. “The very best artists and copywriters that money could buy” would work on cigarette accounts, said Dr. Jackler. “This era of over-the-top hucksterism went on for decades,” he added, “and it was all blatantly false.” The genesis of the exhibit was an ad from around 1930 for Lucky Strike cigarettes, which shows a doctor above a headline proclaiming that “20,679 physicians say ‘Luckies are less irritating.’ ” The Luckies doctor was joined in Dr. Jackler’s collection of about 5,000 ads by scores of scientists and medical professionals — doctors, dentists, nurses — making statements that are now known to be patently untrue. Some of the claims being made in the ads, you did not have to be a scientist in a laboratory to dispute ... ads that smoking certain brands “does not cause bad breath” or “can never stain your teeth.”

Note: The Journal of the American Medical Association (JAMA) promoted cigarette ads for 20 years "after careful consideration of the extent to which cigarettes were used by physicians in practice." Will people, even highly respected members of society, bend the truth and even lie when paid enough? This article seems to answer that with a resounding yes. Is that still true today? For excerpts from many highly revealing articles showing it's as true now as ever, click here and here.


Many Firms Didn't Pay Taxes
2008-08-12, Washington Post
http://www.washingtonpost.com/wp-dyn/content/article/2008/08/11/AR20080811023...

About two-thirds of corporations operating in the United States did not pay taxes annually from 1998 to 2005, according to a [report] from the U.S. Government Accountability Office. In 2005, after collectively making $2.5 trillion in sales, corporations gave a variety of reasons on their tax returns to account for the absence of taxable revenue. The most frequently listed included the cost of producing their goods, salary expenses and interest payments on their debt, the report said. Sen. Byron L. Dorgan (D-N.D.) called the findings "a shocking indictment of the current tax system." "It's shameful that so many corporations make big profits and pay nothing to support our country," he said. "The tax system that allows this wholesale tax avoidance is an embarrassment and unfair to hardworking Americans who pay their fair share of taxes. We need to plug these tax loopholes and put these corporations back on the tax rolls." In 2005, about 28 percent of large corporations paid no taxes. Of the 1.3 million corporations included in the study, 998 were categorized as "large." Dorgan and Sen. Carl M. Levin (D-Mich.) requested the report out of concern that some corporations were using "transfer pricing" to reduce their tax bills. The practice allows multi-national companies to transfer goods and assets between internal divisions so they can record income in a jurisdiction with low tax rates. Levin said: "This report makes clear that too many corporations are using tax trickery to send their profits overseas and avoid paying their fair share in the United States."

Note: For lots more on corporate corruption, click here.


Most companies in US avoid federal income taxes
2008-08-12, Business Week/Associated Press
http://www.businessweek.com/ap/financialnews/D92GQ1982.htm

Unlike the rest of us, most U.S. corporations and foreign companies doing business in the United States pay no federal income tax, according to a new report from Congress. The study by the Government Accountability Office ... said two-thirds of U.S. corporations paid no federal income taxes between 1998 and 2005, and about 68 percent of foreign companies doing business in the U.S. avoided corporate taxes over the same period. Collectively, the companies reported trillions of dollars in sales, according to GAO's estimate. "It's shameful that so many corporations make big profits and pay nothing to support our country," said Sen. Byron Dorgan, D-N.D., who asked for the GAO study. The GAO study did not investigate why corporations weren't paying federal income taxes or corporate taxes and it did not identify any corporations by name. More than 38,000 foreign corporations had no tax liability in 2005 and 1.2 million U.S. companies paid no income tax, the GAO said. Combined, the companies had $2.5 trillion in sales. About 25 percent of the U.S. corporations not paying corporate taxes were considered large corporations, meaning they had at least $250 million in assets or $50 million in receipts. The GAO said it analyzed data from the Internal Revenue Service, examining samples of corporate returns for the years 1998 through 2005. For 2005, for example, it reviewed 110,003 tax returns from among more than 1.2 million corporations doing business in the U.S. "It's time for the big corporations to pay their fair share," Dorgan said.

Note: For many revealing reports on corporate corruption from reliable, verifiable sources, click here.


EPA silences employees
2008-07-29, Los Angeles Times/Associated Press
http://www.latimes.com/news/nationworld/nation/la-na-epagag29-2008jul29,0,585...

The Environmental Protection Agency is telling its pollution enforcement officials not to talk with congressional investigators, reporters and even the agency's own inspector general, according to an internal e-mail provided to The Associated Press. The June 16 message instructs 11 managers in the EPA's Office of Enforcement and Compliance Assurance, the branch of the agency charged with making sure environmental laws are followed, to remind their staff members to keep quiet. "If you are contacted directly by the IG's office or GAO requesting information of any kind . . . please do not respond to questions or make any statements," reads the e-mail sent by Robbi Farrell, the division's chief of staff. Instead, staff members should forward inquiries to a designated EPA representative, the memo says. Public Employees for Environmental Responsibility obtained the e-mail and provided it to the AP. The group is a nonprofit alliance of local, state and federal professionals. Jeff Ruch, its executive director, said ... the e-mail reinforces a "bunker mentality" within EPA under the Bush administration. "The clear intention behind this move is to chill the cubicles by suppressing any uncontrolled information." The Office of Inspector General said it did not approve of the language in the e-mail. "All EPA officials and employees are required to cooperate with OIG," the statement said. "This cooperation includes providing the OIG full and unrestricted access to EPA documents, records, and personnel."

Note: For many revealing reports on government secrecy from major media sources, click here.


American inequality highlighted by 30-year gap in life expectancy
2008-07-17, The Independent (One of the U.K.'s leading newspapers)
http://www.independent.co.uk/news/world/americas/american-inequality-highligh...

The United States of America is becoming less united by the day. A 30-year gap now exists in the average life expectancy between Mississippi, in the Deep South, and Connecticut, in prosperous New England. Huge disparities have also opened up in income, health and education depending on where people live in the US, according to a report published yesterday. The American Human Development Index has [issued a report] measuring well-being ... with shocking results. The US finds itself ranked 42nd in global life expectancy and 34th in survival of infants to age. Suicide and murder are among the top 15 causes of death and although the US is home to just 5 per cent of the global population it accounts for 24 per cent of the world's prisoners. The report points to a rigged system that does little to lessen inequalities. "The report shows that although America is one of the richest nations in the world, it is woefully behind when it comes to providing opportunity and choices to all Americans to build a better life," the authors said. Some of its more shocking findings reveal that ... Asian-American males have the best quality of life and black Americans the lowest, with a staggering 50-year life expectancy gap between the two groups. Using official government statistics, the study points out that because American schools are funded primarily from local property taxes, rich districts get the best state education. The US has no federally mandated sick pay, paternity leave or annual paid vacation.

Note: For lots more on health issues from reliable, verifiable sources, click here.


Cancer cure trials move from mice to men
2008-06-29, The Independent (One of the U.K.'s leading newspapers)
http://www.independent.co.uk/life-style/health-and-wellbeing/health-news/canc...

In a major breakthrough in the search for a cure for cancer, the first human trials are to begin using a technique that has already been shown to destroy the disease in mice. The trials are the culmination of years of research prompted by the discovery of a cancer-proof mouse by researchers almost a decade ago. More than 20 cancer patients will be given white blood cells with cancer-killing properties in an attempt to boost their immune system's fight against the deadly illness. The work stems from experiments into the metabolism of a humble laboratory mouse whose immunity to cancer defied the repeated attempts of scientists to kill it with high-level doses of cancer cells. White blood cells taken from the animal and its offspring were subsequently used to cure other mice of advanced cancers. The white blood cells destroyed the cancer cells but left normal cells alone. This discovery encouraged scientists to study how people might be helped to fight off cancer by being given a boost of white blood cells called granulocytes. Laboratory tests have since shown how human granulocytes can destroy cervical, prostate and breast cancer cells, provided sufficient numbers of cancer-killing granulocytes from healthy donors are used. Scientists are now confident that the treatment will prove just as successful in humans as it has been in mice. Hundreds of donors will be recruited for the new treatment – which is called leukocyte infusion therapy – and a process similar to platelet donation will be used to collect the granulocytes.

Note: Why is this important news getting so little coverage? For more cancer breakthroughs, click here. And for a most excellent documentary on alternative cancer cures, click here.


What happened to building 7?
2008-06-06, Financial Times
http://www.ft.com/cms/s/0/7d174b42-31fa-11dd-9b87-0000779fd2ac,s01=1.html

To the ["9/11 Truth movement"], Building 7 – the third building in the World Trade Center complex to collapse on September 11 – is evidence that the mainstream media is in on the plot. On that day, the BBC reported the building’s fall almost half an hour before it happened. Journalist Jane Standley was broadcast at 4.54pm eastern time reporting that the tower had collapsed – but in the background, it was still standing. It fell 26 minutes later, seven hours after the Twin Towers came down. When the Standley clip hit YouTube, truthers bombarded the BBC’s website with questions and accusations. Richard Porter, head of BBC world news, was forced to deny that the broadcaster was reading from the Bush conspirators’ script. He said the BBC had misreported warnings from fire crews of the building’s imminent collapse and instead stated that it had already happened. He blamed the confusion of the day for the mix-up. CNN had earlier reported rumours that a third building had either collapsed or was about to. This explanation was undermined by Porter’s admission that the BBC no longer had the original tapes of its coverage. Building 7 is [a] smoking gun for other reasons, too. How, they ask, could this modern, steel-framed skyscraper collapse merely because of fire, without even being hit by an airliner? The 47-storey WTC7 fell straight down, at almost free-fall speed, largely into its own footprint: all the hallmarks, the sceptics say, of a controlled demolition.

Note: To read a related Financial Times report on the 9/11 Truth movement's claims, click here.


Exposed: the Great GM Crops Myth
2008-04-20, The Independent (One of the U.K.'s leading newspapers)
http://www.independent.co.uk/environment/green-living/exposed-the-great-gm-cr...

Genetic modification actually cuts the productivity of crops, an authoritative new study shows, undermining repeated claims that a switch to the controversial technology is needed to solve the growing world food crisis. The study – carried out over the past three years at the University of Kansas – has found that GM soya produces about 10 per cent less food than its conventional equivalent, contradicting assertions by advocates of the technology that it increases yields. Professor Barney Gordon, of the university's department of agronomy, said he started the research – reported in the journal Better Crops – because many farmers who had changed over to the GM crop had "noticed that yields are not as high as expected even under optimal conditions". He added: "People were asking the question 'how come I don't get as high a yield as I used to?'" He grew a Monsanto GM soybean and an almost identical conventional variety in the same field. The modified crop produced only 70 bushels of grain per acre, compared with 77 bushels from the non-GM one. The GM crop – engineered to resist Monsanto's own weedkiller, Roundup – recovered only when he added extra manganese, leading to suggestions that the modification hindered the crop's take-up of the essential element from the soil. The new study confirms earlier research at the University of Nebraska, which found that another Monsanto GM soya produced 6 per cent less than its closest conventional relative, and 11 per cent less than the best non-GM soya available.

Note: For many important reports on genetically modified organisms from major media sources, click here.


Loremo: The 'Low Resistance Mobile'
2008-02-20, MSN
https://web.archive.org/web/20080308132816/http://editorial.autos.msn.com/art...

The idea is deceptively simple. Forget about fancy batteries, regenerative braking, and alternative fuels. Instead, make a car that's elegant in its minimalism and efficiency. The Loremo's German designers revisited the basics — engine efficiency, low weight, and minimal drag — to create a car that offers fuel-efficiency in the neighborhood of 130 to 150 miles per gallon. The Loremo is likely to dazzle drivers not with its acceleration, but with its ability to drive from New York to L.A. with only three stops at the pump. Loremo stands for low resistance mobile, and its engineers have stuck obsessively to this idea. By building the car around a 2-cylinder turbodiesel engine, and cutting back on weight, drag, and other excess fat such as side-opening doors, the Loremo puffs out a mere 50 grams of carbon dioxide per kilometer. This is about 40 grams less per kilometer than the tiny diesel smart. According to its creators, this will make the Loremo the most efficient production car ever sold. If the Loremo showed up as a concept on an auto show pedestal, it would certainly garner some attention. But the Loremo is not a car for dreamers; not only will it enter mass production next year, it will sport a base price attainable by mortal motorists: 15,000 euros (about U.S. $22,000). After its 2009 release in Europe, the Loremo will be redesigned to reach the North American market the following year. A $30,000, 3-cylinder GT model will also become available, offering better acceleration (0-60 in roughly 10 seconds, vs. 16 for the base model). Both hybrid and fully electric versions are also in the works.

Note: For many exciting, reliable reports on new energy and automobile technologies, click here.


BAE: secret papers reveal threats from Saudi prince
2008-02-15, The Guardian (One of the U.K.'s leading newspapers)
http://www.guardian.co.uk/world/2008/feb/15/bae.armstrade

Saudi Arabia's rulers threatened to make it easier for terrorists to attack London unless corruption investigations into their arms deals were halted, according to court documents revealed yesterday. Previously secret files describe how investigators were told they faced "another 7/7" and the loss of "British lives on British streets" if they pressed on with their inquiries and the Saudis carried out their threat to cut off intelligence. Prince Bandar, the head of the Saudi national security council, and son of the crown prince, was alleged in court to be the man behind the threats to hold back information about suicide bombers and terrorists. He faces accusations that he himself took more than Ł1bn in secret payments from the arms company BAE. He was accused in yesterday's high court hearings of flying to London in December 2006 and uttering threats which made the prime minister, Tony Blair, force an end to the Serious Fraud Office investigation into bribery allegations involving Bandar and his family. The threats halted the fraud inquiry. Lord Justice Moses, hearing the civil case with Mr Justice Sullivan, said the government appeared to have "rolled over" after the threats. He said one possible view was that it was "just as if a gun had been held to the head" of the government. The SFO investigation began in 2004, when Robert Wardle, its director, studied evidence unearthed by the Guardian. This revealed that massive secret payments were going from BAE to Saudi Arabian princes, to promote arms deals. Yesterday, anti-corruption campaigners began a legal action to overturn the decision to halt the case. They want the original investigation restarted, arguing the government had caved into blackmail.

Note: This report comes very close to confirming the close link between terrorist attacks and high-level policy of certain states. For many revealing clues along these lines from reliable sources, click here.


Bush, aides made 935 false statements in run-up to war
2008-01-23, CNN
http://www.cnn.com/2008/POLITICS/01/23/bush.iraq/

President Bush and his top aides publicly made 935 false statements about the security risk posed by Iraq in the two years following September 11, 2001, according to a study released ... by two nonprofit journalism groups. "In short, the Bush administration led the nation to war on the basis of erroneous information that it methodically propagated and that culminated in military action against Iraq on March 19, 2003," reads an overview of the examination, conducted by the Center for Public Integrity and its affiliated group, the Fund for Independence in Journalism. According to the study, Bush and seven top officials -- including Vice President Dick Cheney, former Secretary of State Colin Powell and then-National Security Adviser Condoleezza Rice -- made 935 false statements about Iraq during those two years. The study says Bush made 232 false statements about Iraq and former leader Saddam Hussein's possessing weapons of mass destruction, and 28 false statements about Iraq's links to al Qaeda. The study, released Tuesday, says Powell had the second-highest number of false statements, with 244 about weapons and 10 about Iraq and al Qaeda. Former Secretary of Defense Donald Rumsfeld and Press Secretary Ari Fleischer each made 109 false statements. "It is now beyond dispute that Iraq did not possess any weapons of mass destruction or have meaningful ties to al Qaeda," the report reads. The overview of the study also calls the media to task, saying most media outlets didn't do enough to investigate the claims. "Some journalists -- indeed, even some entire news organizations -- have since acknowledged that their coverage during those prewar months was far too deferential and uncritical," the report reads.

Note: These lies led to the deaths of thousands of American soldiers and hundreds of thousands of Iraqi civilians. Why is no action being taken on this matter? For other powerful revelations of war corruption and profiteering, click here.


Davos: Wealth, power and a sprinkling of stardust
2008-01-22, The Independent (One of the U.K.'s leading newspapers)
http://www.independent.co.uk/news/business/analysis-and-features/davos-wealth...

For a few days an obscene proportion of the world's wealth and clout will be concentrated in one normally obscure Alpine town, [Davos, Switzerland]. Some 27 heads of state or government; 113 cabinet ministers; hundreds of chief executives, bankers, sovereign wealth fund managers, economists and the media: about 2,500 participants in all. So who's coming and what will they be chattering about? The official co-chairs of the Forum are mostly well-known names: Tony Blair, of JP Morgan; James Dimon, chairman and CEO of JP Morgan; KV Kamath, MD and CEO of India's ICICI Bank; Henry Kissinger, chairman of Kissinger Associates; Indra K Noovi, chairman and CEO of PepsiCo; David J O'Reilly, chairman and CEO of Chevron Corporation; and Wang Jianzhou, CEO of China Mobile Communications Corporation. The prominent role allotted to Mr Wang, while not entirely novel, is nonetheless significant. In 2008, for the first time, China will contribute more to the growth of the world economy than the United States. Double-digit growth in China should still just be possible this year, and it alone seems to stand between the world and a full-blown recession. Sovereign wealth funds (SWFs) from China and elsewhere have already been busy re-capitalising the West's stricken banks. The recycling of trillions of dollars of trade surpluses and petro dollars means that such deals will become more prevalent.

Note: Yet these meetings are kept largely secret. Why isn't the media giving lots more coverage to this gathering of some of the most powerful people on the planet? For other reliable, verifiable reports on secret meetings of the power elite of the world, click here.


Can You Count on Voting Machines?
2008-01-06, New York Times
http://www.nytimes.com/2008/01/06/magazine/06Vote-t.html

In the last three election cycles, touch-screen machines have become one of the most mysterious and divisive elements in modern electoral politics. In hundreds of instances ... they [have failed] unpredictably, and in extremely strange ways; voters report that their choices “flip” from one candidate to another before their eyes; machines crash or begin to count backward; votes simply vanish. Most famously, in the November 2006 Congressional election in Sarasota, Fla., touch-screen machines recorded an 18,000-person “undervote” for a race decided by fewer than 400 votes. The earliest critiques of digital voting booths came from the fringe — disgruntled citizens and ... computer geeks — but the fears have now risen to the highest levels of government. One by one, states are renouncing the use of touch-screen voting machines. California and Florida decided to get rid of their electronic voting machines last spring, and last month, Colorado decertified about half of its touch-screen devices. Also last month, Jennifer Brunner, the Ohio secretary of state, released a report in the wake of the Cuyahoga crashes arguing that touch-screens “may jeopardize the integrity of the voting process.” She was so worried she is now forcing Cuyahoga to scrap its touch-screen machines and go back to paper-based voting — before the Ohio primary, scheduled for March 4. Michael Shamos, a computer scientist at Carnegie Mellon University who has examined voting-machine systems for more than 25 years, estimates that about 10 percent of the touch-screen machines “fail” in each election.

Note: 10% of the machines fail, yet many still believe the results from previous elections were accurate. For many revealing reports on the serious problems with electronic voting machines, click here.


Global Derivatives Market Expands to $516 Trillion
2007-11-22, Bloomberg News
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=a58EF32GpHeg

The market for derivatives grew at the fastest pace in at least nine years to $516 trillion in the first half of 2007, the Bank for International Settlements said. Credit-default swaps, contracts designed to protect investors against default and used to speculate on credit quality, led the increase, expanding 49 percent to cover a notional $43 trillion of debt in the six months ended June 30, the BIS said in a report published late yesterday. Derivatives of debt, currencies, commodities, stocks and interest rates rose 25 percent from the previous six months, the biggest jump since the Basel, Switzerland-based bank began compiling the data. Investors have been turning to credit derivatives as a way to speculate on a growing risk of defaults amid record U.S. mortgage foreclosures. The money at risk through credit-default swaps increased 145 percent from last year to $721 billion, the report said. The amount at stake in the entire derivatives market is $11.1 trillion, according to the BIS, which was formed in 1930 to monitor financial markets and regulate banks. Derivatives are financial instruments derived from stocks, bonds, loans, currencies and commodities, or linked to specific events like changes in interest rates or the weather. The report is based on contracts traded outside of exchanges in over-the- counter market.

Note: Like most reporting in the major media, this article trivializes the massive size of the derivatives market. $516 trillion is equivalent to $75,000 for every man, woman, and child in the world! Do you think the financial industry is out of control? For lots more powerful, reliable information on major banking manipulations, click here. For a powerful analysis describing just how crazy things have gotten and giving some rays of hope by researcher David Wilcock, click here.


Former pilots and officials call for new U.S. UFO probe
2007-11-12, ABC News/Reuters
http://abcnews.go.com/US/wireStory?id=3855969

An international panel of two dozen former pilots and government officials called on the U.S. government on Monday to reopen its generation-old UFO investigation as a matter of safety and security given continuing reports about flying discs, glowing spheres and other strange sightings. "Especially after the attacks of 9/11, it is no longer satisfactory to ignore radar returns ... which cannot be associated with performances of existing aircraft and helicopters," they said in a statement released at a news conference. The panelists from seven countries, including former senior military officers, said they had each seen a UFO or conducted an official investigation into UFO phenomena. "It's a question of who [are] you going to believe: your lying eyes or the government?" remarked John Callahan, a former Federal Aviation Administration investigator, who said the CIA in 1987 tried to hush up the sighting of a huge lighted ball four times the size of a jumbo jet in Alaska. The panel, organized by a group dedicated to winning credibility for the study of UFOs, urged Washington to resume UFO investigations through the U.S. Air Force or NASA. "It would certainly, I think, take a lot of angst out of this issue," said former Arizona Gov. Fife Symington, who said he was among hundreds who saw a delta-shaped craft with enormous lights silently traverse the sky near Phoenix in 1997.

Note: If the above link fails, click here. For a eight-minute CNN clip on this historic event including witness testimony, click here. For lots more media coverage of this and other major UFO events, click here. For their bios, photos, and official statements, click here.


Pakistani Prime Minister Benazir Bhutto: Osama bin Laden is Dead
2007-11-02, BBC News
http://news.bbc.co.uk/player/nol/newsid_7070000/newsid_7075800/7075843.stm

David Frost: Does anyone know exactly who was responsible for this assassination attempt? There is one report that said that you arranged to send President Musharraf a letter ... in the event of your death by assassination, urging him to investigate certain individuals in his government. Is that true? Benazir Bhutto: Yes it is true that I wrote to General Musharraf. I feel these are the forces that really want to stop not just me, but the democratic process and the will of the people [from] triumphing. David Frost: In terms of these three people you mentioned where they members of or associated with the government? Benazir Bhutto: One of them is a very key figure in security. He is a former military officer. He is someone who has had dealings with Jaish-e-Mohammad, one of the band [of] groups of Maulana Masood Azhar, who was in an Indian jail for decapitating three British tourists and three American tourists. And he also had dealings with Omar Shiekh, who murdered Osama bin Laden.

Note: The key statement on bin Laden's murder happens at minute five in the video at the above link. If the link fails, click here. For a Jan. 9, 2010 BBC article also suggesting bin Laden may already have been dead years earlier and that his death had been covered up, click here. Bhutto was assassinated not long after this interview on Dec. 27, 2007.


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