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.
When the U.S. Food and Drug Administration approved implanting microchips in humans, the manufacturer said it would save lives, letting doctors scan the tiny transponders to access patients' medical records almost instantly. The FDA found "reasonable assurance" the device was safe, and a sub-agency even called it one of 2005's top "innovative technologies." But neither the company nor the regulators publicly mentioned this: A series of veterinary and toxicology studies, dating to the mid-1990s, stated that chip implants had "induced" malignant tumors in some lab mice and rats. "The transponders were the cause of the tumors," said Keith Johnson, a retired toxicologic pathologist, explaining ... the findings of a 1996 study he led at the Dow Chemical Co. Leading cancer specialists reviewed the research for The Associated Press and ... said the findings troubled them. Some said they would not allow family members to receive implants, and all urged further research before the glass-encased transponders are widely implanted in people. To date, about 2,000 of the so-called radio frequency identification, or RFID, devices have been implanted in humans worldwide. Did the agency know of the tumor findings before approving the chip implants? The FDA declined repeated AP requests to specify what studies it reviewed. The FDA is overseen by the Department of Health and Human Services, which, at the time of VeriChip's approval, was headed by Tommy Thompson. Two weeks after the device's approval took effect on Jan. 10, 2005, Thompson left his Cabinet post, and within five months was a board member of VeriChip Corp. and Applied Digital Solutions. He was compensated in cash and stock options.
Note: For more reliable information about the use and dangers of microchips, click here.
Imagine a day when the U.S. government implants microchips inside the brains of U.S. soldiers. Well you don't have to think too far into the future. The defense department is studying the idea now. The chip would be the size of a grain of rice. How far is too far when it comes to privacy? The department of defense recently awarded $1.6 million to Clemson University to develop an implantable biochip. It would go into the brain using a new gel that prevents the human body from rejecting it. The overall idea is to improve the quality and speed of care for fallen soldiers. "It's just crazy. To me, it's like a bad sci-fi movie," says Yelena Slattery [from] the website www.WeThePeopleWillNotBeChipped.com. Slattery says, "Soldiers can't choose not to get certain things done because they become government property once they sign up. When does it end? When does it become an infringement on a person's privacy?" Once the chip is in, she says, could those soldiers be put on surveillance, even when they're off-duty? A spokesman for veterans of foreign wars also urged caution. Joe Davis said, "If you have a chip that's holding a gigabyte, or 10 gigs, like an iPod, what kind of information is going to be on there? How could this be used against you if you were taken captive?"
Note: For a treasure trove of recent and reliable information on the increasing penetration of microchips into our lives, click here.
[BBC Radio] uncovers details of a planned coup in the USA in 1933 by right-wing American businessmen. The coup was aimed at toppling President Franklin D Roosevelt with the help of half-a-million war veterans. The plotters, who were alleged to involve some of the most famous families in America (owners of Heinz, Birds Eye, Goodtea, Maxwell [House] and George Bush’s grandfather, Prescott [Bush]) believed that their country should adopt the policies of Hitler and Mussolini to beat the great depression. Why [is] so little ... known about this biggest ever peacetime threat to American democracy?
Note: The highly decorated General Smedley Butler, author of the landmark book War is a Racket, was approached by the plotters for assistance in carrying out this coup. He at first played along, but then eventually exposed the coup plot in Congressional testimony. Yet news of this huge plot was squelched by both the government and media. To understand why, read a two-page summary of General Butler's book by clicking here and listen to the gripping, 30-minute BBC broadcast at the link above.
The C.I.A. monitoring of journalists in 1963, 1971 and 1972, including wiretapping their phones and setting up observation posts across the street from their offices to track their comings and goings and their visitors, was a practice that the White House itself employed during the Nixon administration. The description of Project Mockingbird [details] C.I.A. wiretapping of two Washington reporters (unnamed) from March 12, 1963 to June 15, 1963. As with other questionable or illegal C.I.A. activities that were endorsed by top government officials, this account shows that spying on reporters was approved at the highest levels of the Kennedy administration. According to the transcripts of the tapes that President John F. Kennedy secretly recorded in the Oval Office, shortly after 6 p.m. on August 22,1962, JFK and Director of Central Intelligence John McCone discussed a plan for the CIA to wiretap members of the Washington press corps. The president told McCone to set up a domestic task force to stop the flow of secrets from the government to the newspapers. The order violated the agency’s charter, which specifically prohibits domestic spying. By ordering the director of central intelligence to conduct a program of domestic surveillance, Kennedy set a precedent that Presidents Johnson, Nixon, and George W. Bush would follow.
Note: This fascinating report discusses only a limited aspect of Operation Mockingbird, which included as well the placing of CIA agents in news organizations in decision-making positions for purposes of propaganda and information control.
Money talks -- and very loudly -- when a drug company is funding a clinical trial involving one of its products. UCSF researchers looked at nearly 200 head-to-head studies of widely prescribed cholesterol-lowering medications, or statins, and found that results were 20 times more likely to favor the drug made by the company that sponsored the trial. "We have to be really, really skeptical of these drug-company-sponsored studies," said Lisa Bero, the study's author and professor of clinical pharmacy and health policy studies. The trials typically involved comparing the effectiveness of a drug to one or two other statins. UCSF researchers also found that a study's conclusions -- not the actual research results but the trial investigators' impressions -- are more than 35 times more likely to favor the test drug when that trial is sponsored by the drug's maker. Bero said drug companies fund up to 90 percent of drug-to-drug clinical trials for certain classes of medication. The researchers found other factors that could affect trial results. For example, pharmaceutical companies could choose not to publish results of studies that fail to favor their drugs, or they could be designed in ways to skew results. The study found the most important weakness of trials was lack of true clinical outcome measures. In the case of statins, some trials focused on less-direct results such as lipid levels but failed to connect the results with key outcomes such as heart attacks or mortality. "None of us really care what our cholesterol level is. We care about having a heart attack," Gibson said. "For the drug to be worthwhile taking, it has to be directly related to prevent a heart attack."
Note: For lots more reliable information about corruption in the pharmaceutical industry, click here.
Two of the world’s largest drug companies are paying hundreds of millions of dollars to doctors every year in return for giving their patients anemia medicines, which regulators now say may be unsafe at commonly used doses. The payments are legal, but very few people outside of the doctors who receive them are aware of their size. The payments give physicians an incentive to prescribe the medicines at levels that might increase patients’ risks of heart attacks or strokes. At just one practice in the Pacific Northwest, a group of six cancer doctors received $2.7 million from Amgen for prescribing $9 million worth of its drugs last year. [A] report prepared by F.D.A. staff scientists said no evidence indicated that the medicines either improved quality of life in patients or extended their survival. Several studies suggested that the drugs can shorten patients’ lives when used at high doses. The medicines ... are among the world’s top-selling drugs. They represent the single biggest drug expense for Medicare. Since 1991 ... the average dose given to dialysis patients in this country has nearly tripled. About 50 percent of dialysis patients now receive enough of the drugs to raise their red blood cell counts above the level considered risky by the F.D.A. Unlike most drugs, the anemia medicines do not come in fixed doses. Therefore, doctors have great flexibility to increase dosing — and profits. The companies have [failed] to test whether lower doses of the medicines might work better than higher doses. There is little evidence that the drugs make much difference for patients with moderate anemia, and federal statistics show that the increased use of the drugs has not improved survival in dialysis patients.
Note: For lots more on major corruption in health care, click here.
By Dr. Michael Wilkes. I recently wrote a column about cholesterol-lowering medications. I stated that if 67 healthy men with elevated cholesterol took a cholesterol-lowering drug ... for five years, only one would benefit. The other 66 would not benefit, and it would cost about $5,500 over the five-year period. I received a ton of e-mail from readers. Many readers wrote that after knowing this number, they did not feel taking the drug was worth the effort or expense. Others took the opposite view. Both interpretations are valid, depending on the person's values. This number -- the 1 in 67 -- is a term doctors call "the number needed to treat," or NNT. It is a relatively new concept [that] is grossly underused in sharing information with the public. Doctors and pharmacists do a poor job talking with patients about their medications. Many people will derive little or no benefit from their medicines, but they are never told this. The key is for doctors and patients to understand the NNT. Here are some estimates of NNT: 1 in 2,550: The number of breast cancer deaths prevented in women between the ages of 50 and 59 screened annually for five years with mammograms. 1 in 2,000: The number of women ages 60-64 without risk factors who would prevent a hip fracture by taking medicine for osteoporosis for five years. 1 in 700: The number of people with mild high blood pressure who would prevent a stroke or heart attack by taking blood pressure medicine for one year. 1 in 16: The number of infections prevented by treating a victim of a dog bite with a week of antibiotics. 1 in 7: The number of children (otherwise healthy children) who benefit from treatment with an antibiotic for an ordinary ear infection.
Note: Many doctors and scientists have made valid claims that drug companies are hyping disease in order to make profits on their drugs. For a top MD's discussion of this vital topic, click here.
Four years ago on May 1, President Bush landed on the aircraft carrier USS Lincoln wearing a flight suit ... in front of a giant "Mission Accomplished" banner. He was hailed by media stars as a "breathtaking" example of presidential leadership in toppling Saddam Hussein. Despite profound questions over the failure to locate weapons of mass destruction and the increasing violence in Baghdad, many in the press confirmed the White House's claim that the war was won. How did the mainstream press get it so wrong? How did the evidence disputing the existence of weapons of mass destruction and the link between Saddam Hussein to 9-11 continue to go largely unreported? In the run-up to war, skepticism was a rarity among journalists inside the Beltway. The [PBS "Buying the War"] program analyzes the stream of unchecked information from administration sources and Iraqi defectors to the mainstream print and broadcast press. While almost all the claims would eventually prove to be false, the drumbeat of misinformation about WMDs went virtually unchallenged by the media. "Buying the War" examines the press coverage in the lead-up to the war as evidence of a paradigm shift in the role of journalists in democracy and asks, four years after the invasion, what's changed? "More and more the media become ... common carriers of administration statements," says the Washington Post's Walter Pincus. "We've sort of given up being independent on our own."
Note: You can view the highly revealing documentary "Buying the War" or read the transcript at the link above.
Seven clusters of cancer and other serious illnesses have been discovered around mobile phone masts, raising concerns over the technology’s potential impact on health. Studies of the sites show high incidences of cancer, brain haemorrhages and high blood pressure within a radius of 400 yards of mobile phone masts. One of the studies, in Warwickshire, showed a cluster of 31 cancers around a single street. A quarter of the 30 staff at a special school within sight of the 90ft high mast have developed tumours since 2000, while another quarter have suffered significant health problems. Phone masts have provoked protests throughout Britain with thousands of people objecting each week to planning applications. There are about 47,000 masts in the UK. Dr John Walker, a scientist who compiled the cluster studies with the help of local campaigners in Devon, Lincolnshire, Staffordshire and the West Midlands, said he was convinced they showed a potential link between the angle of the beam of radiation emitted from the masts’ antennae and illnesses discovered in local populations. “Masts should be moved away from conurbations and schools and the power turned down,” he said. Studies in other European countries suggest a rise in cancers close to masts.
Note: This article strangely has been removed from the website of The Times. Read an excellent article on the serious dangers of 5G wireless technology which is being rolled out. For many highly important articles from reliable sources on the dangers of wireless and cell phones, click here.
T-MOBILE, the mobile phone giant, has been accused of “burying” a scientific report it commissioned that concluded handsets and masts contribute to cancer and genetic damage. The report argued that officially recommended limits on radiation exposure should be cut to 1/1000th of those in force. The suggestion has not been taken up by the company or by regulators. Campaigners claimed T-Mobile’s handling of the report was part of a wider pattern of behaviour by the industry in its efforts to keep discussion of the health risks off the agenda. The Ecolog Institute, which has been researching mobile phone technology since 1992, was paid by T-Mobile to evaluate evidence on its potential dangers. But Dr Peter Neitzke, one of the authors of the report, has accused T-Mobile ... of diluting the findings by commissioning other studies from which it knew “no critical results or recommendations were to be expected”. Ecolog’s report, which analysed dozens of peer-reviewed studies, stated: “Given the results of the present epidemiological studies, it can be concluded that electromagnetic fields with frequencies in the mobile telecommunications range do play a role in the development of cancer. This is particularly notable for tumours of the central nervous system.”
Note: For many highly important articles from reliable sources on major health issues, click here.
The "war on terror" has created a culture of fear in America. The Bush administration's elevation of these three words into a national mantra since the horrific events of 9/11 has had a pernicious impact on American democracy. Constant reference to a "war on terror" did accomplish one major objective: It stimulated the emergence of a culture of fear. Fear obscures reason, intensifies emotions and makes it easier for demagogic politicians to mobilize the public on behalf of the policies they want to pursue. America today is not the self-confident and determined nation that responded to Pearl Harbor; nor is it the America that heard from its leader, at another moment of crisis, the powerful words "the only thing we have to fear is fear itself." Fear-mongering, reinforced by security entrepreneurs, the mass media and the entertainment industry, generates its own momentum. The terror entrepreneurs ... are necessarily engaged in competition to justify their existence. Hence their task is to convince the public that it faces new threats. "Security" procedures have become routine, wasting hundreds of millions of dollars and further contributing to a siege mentality. Government at every level has stimulated the paranoia. The record is even more troubling in the general area of civil rights. The culture of fear has bred intolerance, suspicion of foreigners and the adoption of legal procedures that undermine fundamental notions of justice. Innocent until proven guilty has been diluted if not undone, with some -- even U.S. citizens -- incarcerated for lengthy periods of time without ... due process. There is no known, hard evidence that such excess has prevented significant acts of terrorism.
Note: This is an amazingly deep and powerful analysis of the use of fear by politicians, big business, and the media to promote their own agendas. Amazingly, the article was written by Zbigniew Brzezinski, national security adviser to President Carter. This is the same man who wrote in his book The Grand Chessboard, that U.S. global primacy is not likely to be achieved "except in the circumstance of a truly massive and widely perceived direct external threat." Strange, but the article is well worth reading in its entirety. For more, click here.
Ten years ago in Arizona's capital, thousands of people reported seeing a massive, v-shaped line of lights. Some government officials later said military flares caused the confusion. But Gary Tuchman spoke with one former governor who's now saying they didn't look like flares to him. GARY TUCHMAN, CNN REPORTER: Fife Symington ... was the Republican governor of Arizona for six years. FIFE SYMINGTON: If you had been here ten years ago, and looked at the lights and the view, you would have been astounded. TUCHMAN: Governor Symington is referring to what is now known as the Phoenix lights -- an object videotaped by many and seen by thousands over several nights in the Arizona sky in 1997. It was described by witnesses as larger than a football field and silent. The governor, a Vietnam Air Force veteran, had never publicly acknowledged seeing it until now. SYMINGTON: I suspect that unless the Defense Department proves us otherwise, that it was probably some form of alien spacecraft. TUCHMAN: So why didn't he say anything then? Partly he says, because he didn't want people to panic. UFO enthusiasts were not amused, especially since the governor was believed to have seen nothing. But now he's coming out. SYMINGTON: The lights were really brilliant. And it was just fascinating. It was enormous. It just felt otherworldly. TUCHMAN: Symington will be talking about this in an updated film about UFOs called 'Out of the Blue.' Governor Symington says he did tell his family, friends, and staff about what he saw early on. SYMINGTON: I still behind the scenes tried to investigate it, but I got nowhere.
Note: To watch this fascinating three-minute CNN broadcast, click here. For more on the intriguing Phoenix lights, click here. For lots more on the powerfully revealing UFO documentary Out of the Blue, arguably the best UFO documentary ever made, click here. Learn about dozens of top military brass who have publicly testified on a major cover-up of UFOs and more. For a two-page summary of this powerful witness testimony, click here.
9/11 was the first global event in the age of the internet. And now the world wide web is being used as a platform for a wide range of conspiracy theories ... which allege that the US government was somehow involved in the attacks. Those who question the official account of 9/11 form a broad coalition. Loose Change has been viewed tens of millions of times and pulls no punches. [Creator Dylan Avery claims] "our government will willingly kill its own citizens for whatever gain it deems necessary ... and then lie as much as they need to cover it up." At the other extreme [Professor Jim] Fetzer is a former US Marine officer and retired professor of philosophy. Puzzled by the apparent discrepancies in the official account of 9/11, he founded a coalition of like-minded academics called Scholars For 9/11 Truth. Its purpose is to research exactly what happened that day, using the principles of scientific research. Alex Jones, a nationally syndicated radio talk show host ... believes 9/11 was "an inside job." "It's a self inflicted wound, it's a false-flag terror operation," he claims. After the attacks, government officials were summoned to give evidence before a Congressional Inquiry set up to investigate the intelligence failure before 9/11. Co-chairman Senator Bob Graham told ... of his frustration at the lack of co-operation from the FBI in that inquiry, and by the government's decision to censor over 30 pages of his report which related to Saudi Arabia. "Within 9/11 there are too many secrets," he said, "withholding of those secrets has eroded public confidence in their government."
Note: Don't miss the BBC's impressive 9/11 Timeline available here which is related to the above article. And for lots more reliable, verifiable information suggesting a 9/11 cover-up, click here. If the above link to the BBC article does not function, click on The 9/11 Conspiracy Movement.
The largest government contractor you’ve never heard of [is] a company known simply by the nondescript initials SAIC (for Science Applications International Corporation). It is larger than the departments of Labor, Energy, and Housing and Urban Development combined. No contractor seems to exploit conflicts of interest in Washington with more zeal. And no contractor cloaks its operations in greater secrecy. SAIC has displayed an uncanny ability to thrive in every conceivable political climate. It is the invisible hand behind a huge portion of the national-security state—the one sector of the government whose funds are limitless. SAIC represents, in other words, a private business that has become a form of permanent government. Civilians at SAIC used to joke that the company had so many admirals and generals in its ranks it could start its own war. Some might argue that, in the case of Iraq, it did. 9/11 ... was very, very good for SAIC. In the aftermath of the attacks ... SAIC was ready. SAIC executives have been involved at every stage of the life cycle of the war in Iraq. SAIC personnel were instrumental in pressing the case that weapons of mass destruction existed in Iraq ... and that war was the only way to get rid of them. Then ... SAIC secured contracts for a broad range of operations in soon-to-be-occupied Iraq. When no weapons of mass destruction were found, SAIC personnel staffed the commission that was set up to investigate how American intelligence could have been so disastrously wrong.
Note: SAIC changed its name to Leidos in 2013. Lockheed Martin, which already ran a breathtakingly big part of the United States, and was reported in 2015 to be “engaged in deep and systemic corruption" including paying off a Congresswoman, merged with Leidos in 2016. The hidden war machine is consolidating. For more along these lines, see concise summaries of deeply revealing news articles about corruption in government and in the corporate world.
Scientists and economists have been offered $10,000 each by a lobby group funded by one of the world's largest oil companies to undermine the UN climate change report. Letters sent by the American Enterprise Institute, an ExxonMobil-funded think tank with close links to the Bush Administration, offered the payments for articles that emphasise the shortcomings of the report. Travel expenses and additional payments were also offered. The institute has received more than $1.6 million from ExxonMobil - which yesterday announced a $50 billion annual profit, the biggest ever by a US company - and more than 20 of its staff have worked as consultants to the Bush Administration. A former head of ExxonMobil, Lee Raymond, is the vice-chairman of the institute's board of trustees.
Note: Why wasn't this important story covered by any major media in the U.S.? For an answer, click here.
Some 10,000 US researchers have signed a statement protesting about political interference in the scientific process. The statement, which includes the backing of 52 Nobel Laureates, demands a restoration of scientific integrity in government policy. According to the American Union of Concerned Scientists, data is being misrepresented for political reasons. It claims scientists working for federal agencies have been asked to change data to fit policy initiatives. The Union has released an "A to Z" guide that ... documents dozens of recent allegations involving censorship and political interference in federal science. Campaigners say that in recent years the White House has been able to censor the work of agencies like the Environmental Protection Agency and the Food and Drug Administration because a Republican congress has been loath to stand up for scientific integrity. Michael Halpern from the UCS said the statement of objection to political interference had been supported by researchers regardless of their political views. "This science statement that has now been signed by the 10,000 scientists is signed by science advisers to both Republican and Democratic administrations dating back to President Eisenhower, stating that this is not business as usual and calling for this practice to stop."
A global study reveals an overwhelming wealth gap, with the world's three richest people having more money than the poorest 48 nations combined. The richest 2% of the world's population owns more than half of the world's household wealth. For the first time, personal wealth -- not income -- has been measured around the world. The findings may be surprising, for what makes people "wealthy" across the world spectrum is a relatively low bar. The research indicates that assets of just $2,200 per adult place a household in the top half of the world's wealthiest. To be among the richest 10% of adults in the world, just $61,000 in assets is needed. If you have more than $500,000, you're part of the richest 1%, the United Nations study says. If it takes just a couple of thousand dollars to qualify as rich in this world, imagine what it means to be poor. Half the world, nearly 3 billion people, live on less than $2 a day. The three richest people in the world –- Microsoft Chairman Bill Gates, investor Warren Buffett and Mexican telecom mogul Carlos Slim Helú -- have more money than the poorest 48 nations combined.
Note: For key reports from reliable sources on income inequality, click here.
Robert Gates will face ... the enormous task of cleaning up the Pentagon's tangled finances, which outside auditors lambaste as so chaotic that no one knows how much money is being spent on defense at any given time. The White House's Office of Management and Budget believes the Pentagon's financial management systems are in such a mess "that independent auditors still cannot certify the accuracy of the financial statements." David Walker, the U.S. Comptroller General, issued a devastating assessment of the Pentagon's finances, which include an annual budget of over $500 billion. The Pentagon's financial problems "are pervasive, complex, long-standing and deeply rooted in virtually all business operations throughout the department," Walker told the Senate Armed Services Committee. Financial problems like the Pentagon's "would put any civilian company out of business," said Kwai Chan, a former GAO auditor ... and author of a report entitled "Financial Management in the Department of Defense: No One is Accountable." Winslow Wheeler, a former national security expert for the Senate Budget Committee, called the Defense Department "the worst-managed agency in the federal government, (that) can't account for the half-trillion dollars it spends each year, and seeks to produce weapons that are irrelevant or ineffective, or both."
Note: For major media articles showing that more than $1 trillion of taxpayers money have gone missing at the Pentagon, click here. For the deeper reasons behind this, a top U.S. general's explanation is available here.
While the Bush administration, the media and nearly all the Democrats still refuse to explain the war in Iraq in terms of oil, the ever-pragmatic members of the Iraq Study Group share no such reticence. Page 1, Chapter 1 ... lays out Iraq's importance: "It has the world's second-largest known oil reserves." The report makes visible to everyone the elephant in the room: that we are fighting, killing and dying in a war for oil. Recommendation No. 63 ... calls on the U.S. to "assist Iraqi leaders to reorganize the national oil industry as a commercial enterprise." This is an echo of calls made [by] the U.S. State Department's Oil and Energy Working Group, meeting between December 2002 and April 2003. Iraq "should be opened to international oil companies as quickly as possible after the war." Its preferred method of privatization was a form of oil contract called a production-sharing agreement. These agreements are ... rejected by all the top oil producers in the Middle East because they grant greater control and more profits to the companies than the governments. For any degree of oil privatization to take place ... Iraq has to amend its constitution. Recommendation No. 26 of the Iraq Study Group calls for a review of the constitution to be "pursued on an urgent basis." Petroleum Economist magazine later reported that U.S. oil companies considered passage of the new oil law more important than increased security. Further, the Iraq Study Group would commit U.S. troops to Iraq for several more years to ... provide security for Iraq's oil infrastructure. We can thank the Iraq Study Group for making its case publicly. It is now our turn to decide if we wish to spill more blood for oil.
Note: For more on corporate complicity in fomenting war exposed by a top U.S. general, click here.
The most important--and unfortunately the least debated--issue in politics today is our society's steady drift toward a class-based system, the likes of which we have not seen since the 19th century. America's top tier has grown infinitely richer and more removed over the past 25 years. Few among them send their children to public schools; fewer still send their loved ones to fight our wars. They own most of our stocks, making the stock market an unreliable indicator of the economic health of working people. The top 1% now takes in an astounding 16% of national income, up from 8% in 1980. The tax codes protect them, just as they protect corporate America, through a vast system of loopholes. Incestuous corporate boards regularly approve compensation packages for chief executives and others that are out of logic's range. As this newspaper has reported, the average CEO of a sizeable corporation makes more than $10 million a year, while the minimum wage for workers amounts to about $10,000 a year, and has not been raised in nearly a decade. When I graduated from college in the 1960s, the average CEO made 20 times what the average worker made. Today, that CEO makes 400 times as much. Trickle-down economics didn't happen. Wages and salaries are at all-time lows as a percentage of the national wealth. This ever-widening divide is too often ignored or downplayed by its beneficiaries. A sense of entitlement has set in among elites, bordering on hubris.
Note: For some reason the Wall Street Journal has removed this article. You can read it on the website of the article's author at this link.
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.