Please donate here to support this vital work.
Revealing News For a Better World

News Stories
Excerpts of Key News Stories in Major Media


Below are highly revealing excerpts of key news stories from the major media that suggest major cover-ups and corruption. Links are provided to the full stories on their media websites. If any link fails to function, read this webpage. These news stories are listed by date posted. You can explore the same list by order of importance or by date of news story. By choosing to educate ourselves and to spread the word, we can and will build a brighter future.

Note: This comprehensive list of news stories is usually updated once a week. Explore our full index to revealing excerpts of key major media news stories on several dozen engaging topics. And don't miss amazing excerpts from 20 of the most revealing news articles ever published.


Fears for life of Wikileaks founder
2010-06-18, ABC News (Australian Broadcasting Corporation)
Posted: 2010-06-28 10:38:32
http://www.abc.net.au/news/stories/2010/06/18/2930898.htm

Julian Assange, the Australian-born founder of Wikileaks, is said to be under threat with reports that the site has hundreds of thousands of classified cables containing explosive revelations. Daniel Ellsberg, who leaked Pentagon papers in the 1970s showing government deceit over the Vietnam War, says he believes Mr Assange has reason to keep his whereabouts secret. "I think he would not be safe, even physically, entirely wherever he is. We have ... for the first time ever ... in any democratic country ... a president who has announced that he feels he has the right to use special operations operatives against anyone abroad that he thinks is associated with terrorism." As far fetched as Mr Ellsberg's claim sounds, the national president of Whistleblowers Australia, Peter Bennett, agrees Mr Assange's life may be at risk. "There is a lot of money to be made from wars. There is a lot of people who will become very, very wealthy through the course of this Afghan war," he said. "To stop anybody raising questions about its conduct would put those profits at risk and profit is a high motivation to stop somebody interfering with those profits. There is a serious chance that his wellbeing could be at risk."

Note: For more on the ever-increasing governmental threats to civil liberties, click here.


Wikileaks founder Julian Assange has passport confiscated
2010-05-17, The Times (One of the UK's leading newspapers)
Posted: 2010-06-28 10:33:42
http://www.timesonline.co.uk/tol/news/world/article7128506.ece

The Australian founder of the whistleblower website Wikileaks had his passport confiscated by police when he arrived in Melbourne last week. Julian Assange, who does not have an official home base and travels every six weeks, [said] that immigration officials had said his passport was going to be cancelled because it was looking worn. However he then received a letter from the Australian Communication Minister Steven Conroy’s office stating that the recent disclosure on Wikileaks of a blacklist of websites the Australian government is preparing to ban had been referred to the Australian Federal Police (AFP). Last year Wikileaks published a confidential list of websites that the Australian government is preparing to ban under a proposed internet filter – which in turn caused the whistleblower site to be placed on that list. Mr Assange, 37, told The Age newspaper that half an hour after his passport was returned to him an AFP officer searched one of his bags and questioned him about a previous criminal record for computer hacking offences when he was a teenager. He was then told his passport status was classified as “normal” on the immigration database. In 1991 Mr Assange, described by Wikileaks as “Australia’s most famous ethical computer hacker”, was charged with 30 offences over the alleged hacking of police, Telco’s and US military computers. He admitted to 24 charges and was fined.


Gulf oil spill worsens -- but what about the safety of gas fracking?
2010-06-18, Los Angeles Times
Posted: 2010-06-28 10:29:24
http://latimesblogs.latimes.com/greenspace/2010/06/gulf-oil-spill-bp-hydrauli...

Imagine a siege of hydrocarbons spewing from deep below ground, polluting water and air, sickening animals and threatening the health of unsuspecting Americans. And no one knows how long it will last. No, we’re not talking about BP’s gulf oil spill. We’re talking about hydraulic fracturing of natural gas deposits. Fracking, as the practice is also known, may be coming to a drinking well or a water system near you. It involves blasting water, sand and chemicals, many of them toxic, into underground rock to extract oil or gas. "Gasland," a compelling documentary on HBO ..., traces hydraulic fracturing across 34 states from California to Louisiana to Pennsylvania. The exposé by filmmaker Josh Fox, alternately chilling and darkly humorous, won the 2010 Sundance Film Festival’s special jury prize for documentary. It details how former Vice President Dick Cheney, in partnership with the energy industry and drilling companies such as his former employer, Halliburton Corp., successfully pressured Congress in 2005 to exempt fracking from the Safe Drinking Water Act, the Clean Air Act and other environmental laws. Each well requires the high-pressure injection of a cocktail of nearly 600 chemicals, including known carcinogens and neurotoxins, diluted in 1 million to 7 million gallons of water. Some 450,000 wells have been drilled nationwide.

Note: For many reliable reports on government and corporate corruption, click here and here.


Gulf oil spill: A hole in the world
2010-06-19, The Guardian (One of the UK's leading newspapers)
Posted: 2010-06-28 10:18:57
http://www.guardian.co.uk/theguardian/2010/jun/19/naomi-klein-gulf-oil-spill/

The Deepwater Horizon disaster is not just an industrial accident – it is a violent wound inflicted on the Earth itself. It lays bare the hubris at the heart of capitalism. This Gulf coast crisis is about many things – corruption, deregulation, the addiction to fossil fuels. But underneath it all, it's about this: our culture's excruciatingly dangerous claim to have such complete understanding and command over nature that we can radically manipulate and re-engineer it with minimal risk to the natural systems that sustain us. But as the BP disaster has revealed, nature is always more unpredictable than the most sophisticated mathematical and geological models imagine. In the arc of human history, the notion that nature is a machine for us to re-engineer at will is a relatively recent conceit. In her ground-breaking 1980 book The Death of Nature, the environmental historian Carolyn Merchant reminded readers that up until the 1600s, the Earth was alive. Europeans – like indigenous people the world over – believed the planet to be a living organism, full of life-giving powers but also wrathful tempers. There were, for this reason, strong taboos against actions that would deform and desecrate "the mother", including mining. [But] with nature now cast as a machine, devoid of mystery or divinity, its component parts [can] be dammed, extracted and remade with impunity.

Note: For illuminating insights into the nature of reality and the reality of nature, click here.


BP and the Axis of Evil
2010-06-19, BBC Blogs
Posted: 2010-06-28 10:07:22
http://www.bbc.co.uk/blogs/adamcurtis/2010/06/post.html

BP is accused of destroying the wildlife and coastline of America, but if you look back into history you find that BP did something even worse to America. They gave the world Ayatollah Khomeini. Back in 1951 the Anglo-Iranian Oil Company - which would later become BP - and its principal owner the British government, conspired to destroy democracy and install a western-controlled regime in Iran. The resulting anger and the repression that followed was one of the principal causes of the Iranian revolution in 1978/79 - out of which came the Islamist regime of Ayatollah Khomeini. And what's more, BP and the British government were so arrogant and bumblingly inept at handling the crisis that they had to persuade the Americans help them. They did this by pretending there was a Communist threat to Iran. The American government, led by President Eisenhower, believed them and the CIA were instructed to engineer a coup which removed the Iranian prime minister Mohamed Mossadegh. The CIA, led by Allen Dulles, ... sent the CIA's top Middle East agen, Kermit Roosevelt, to run Operation Ajax. The plan, drawn up by the British and the Americans, was to bribe the street gangs of Tehran to create chaos, and then install an army general, General Zahedi, as prime minister.


Monsanto GM seed ban is overturned by US Supreme Court
2010-06-21, BBC News
Posted: 2010-06-28 09:52:37
http://news.bbc.co.uk/2/hi/world/us_and_canada/10371831.stm

The bio-tech company Monsanto can sell genetically modified seeds before safety tests on them are completed, the US Supreme Court has ruled. A lower court had barred the sale of the modified alfalfa seeds until an environmental impact study could be carried out. But seven of the nine Supreme Court Justices decided that ruling was unconstitutional. The seed is modified to be resistant to Monsanto's brand of weedkiller. The US is the world's largest producer of alfalfa, a grass-like plant used as animal feed. It is the fourth most valuable crop grown in the country. Environmentalists had argued that there might be a risk of cross-pollination between genetically modified plants and neighbouring crops. They also argued over-use of the company's weedkiller Roundup, the chemical treatment the alfalfa is modified to be resistant to, could cause pollution of ground water and lead to resistant "super-weeds".

Note: For a powerful summary of the dangers of genetically-modified organisms, click here.


End Is Seen to Free Checking
2010-06-16, Wall Street Journal
Posted: 2010-06-28 09:45:20
http://online.wsj.com/article/SB10001424052748703513604575311093932315142.html

Bank of America Corp. and other banks are preparing new fees on basic banking services as they try to replace revenue lost to regulatory rules, in a push that is expected to spell an end to free checking accounts for many Americans. Free checking accounts, which have been widely available for more than a decade, have been a boon to middle-class consumers and attracted low-income customers to the banking system for the first time. Customers will likely be required to pay new monthly maintenance fees on the most basic accounts that don't generate a lot of activity. To avoid a fee, customers will have to maintain certain account balances or frequently use other banking services, such as credit and debit cards, automated teller machines and online accounts. Some consumer advocates warn the new fees will whack consumers who now manage their bank accounts to avoid such charges. The transformation of checking accounts comes at a time when banks are bouncing back from the steepest financial losses in a generation and are facing new regulations. To accelerate that recovery and recoup losses from new banking rules, financial institutions are increasingly leaning on customers who don't now generate enough revenue for the bank.

Note: Why hasn't the federal government protected consumers from this sort of response by the banking industry to new regulations imposed after the massive taxpayer bailout of these failing corporations?


Sea Shepherd's Watson on Interpol's most wanted
2010-06-26, ABC News (Australian Broadcasting Corporation)
Posted: 2010-06-28 09:32:58
http://www.abc.net.au/news/stories/2010/06/26/2937694.htm

Interpol has placed the head of anti-whaling group Sea Shepherd, Paul Watson, on its international wanted list. Interpol has issued a so-called blue notice, asking national police forces to pass on information about Mr Watson's whereabouts and activities. The Sea Shepherd leader has harassed the Japanese whaling fleet for the past few years, limiting the number of whales caught for so-called scientific research. Mr Watson, who is in the United States, says the notice does not make any sense. "It's a blue notice which means it's not an arrest warrant, it's just so they can keep tabs on me. But they needn't have wasted their time, they could have just followed our website," he said. "One thing that it does mean to me is that we're certainly getting to them. We cut their kill quotas in half and they're really desperate that we not go back down there this year. But I can tell them we'll certainly be back down in the Southern Ocean harassing them again in December."

Note: For lots more on whales and other marine mammals, and on their defenders from slaughter and abuse, click here.


Report: Pentagon seeks WikiLeaks founder Assange, fearing cables will be published
2010-06-11, USA Today
Posted: 2010-06-20 18:37:24
http://content.usatoday.com/communities/ondeadline/post/2010/06/report-pentag...

The Daily Beast reports that Pentagon investigators are trying to track down Julian Assange, the elusive Australian-born founder of WikiLeaks, who they believe is preparing to publish several years of State Department cables allegedly passed by the 22-year-old Manning, now being detained in Kuwait. The cables contain "information related to American diplomatic and intelligence efforts in the war zones in Afghanistan and Iraq," and they could do "serious damage to national security" if made public, government officials told the Beast. But even if they find him, it's not clear what they could do to stop publication. Daniel Ellsberg says Assange "is in danger." Meanwhile, Wired's Threat Level blog, which broke the Manning story, is reporting that Assange ... is arranging Manning's legal defense and says Manning is no spy. Assange, who first gained notoriety as a computer hacker, canceled an appearance today at an International Reporters and Editors conference in Las Vegas.

Note: For more of Daniel Ellsberg's assessment of the personal dangers to Assange from the Pentagon's manhunt for him, click here.


WikiLeaks to release video of deadly US Afghan attack
2010-06-16, The Guardian (One of the UK's leading newspapers)
Posted: 2010-06-20 18:34:46
http://www.guardian.co.uk/media/2010/jun/16/wikileaks-us-military-afghanistan...

The whistleblowing website WikiLeaks says it plans to release a secret military video of one of the deadliest US air strikes in Afghanistan in which scores of children are believed to have been killed. It said it fears it is under attack after the US authorities said they were searching for the site's founder, Julian Assange, following the arrest of a US soldier accused of leaking the Afghanistan video and another of a US attack in Baghdad in which civilians were killed. It says it is still working to prepare the film of the bombing of the Afghan village of Garani in May 2009. The video could prove to be extremely embarrassing to the US military. The US ... used weapons that create casualties over a wide area, including one-tonne bombs and others that burst in the air. But two US military officials told a newspaper last year that no one checked to see whether there were women and children in the buildings. In an email to supporters, Assange said WikiLeaks has the Garani video and "a lot of other material that exposes human rights abuses by the US government". In his email, Assange also calls on supporters to protect the website from "attack" by the authorities following the detention of a US soldier, Bradley Manning, who was arrested in Iraq after admitting to a former hacker that he leaked the Garani and Baghdad videos to WikiLeaks.

Note: For lots more on government secrecy from major media sources, click here.


Wanted by the US: WikiLeaks founder keeps his head down
2010-06-14, Sydney Morning Herald (Australia's leading newspaper)
Posted: 2010-06-20 18:31:46
http://www.smh.com.au/technology/technology-news/wanted-by-the-us-wikileaks-f...

Julian Assange, the Australian-born face of the [whistleblowers' website] WikiLeaks, is in hiding overseas after the US military arrested one of its own soldiers, Bradley Manning, and accused him of leaking a a secret video of a US Army helicopter gunning down civilians in Iraq in 2007. The video was released on Wikileaks this year, and the US is now desperate to find Mr Assange before he leaks thousands of hugely embarrassing state diplomatic cables, which are believed to discuss the Middle East, its governments and leaders. Mr Assange, 38, is an enigmatic figure who moves frequently between countries and has bases in Iceland, Kenya, Australia and elsewhere. He was due to speak at a conference in Las Vegas on [June 11] but cancelled shortly before he was due to appear. At the same time [a US website] published an article claiming that Pentagon investigators were engaged in a "manhunt" for Mr Assange. There have even been suggestions that Mr Assange may be in physical danger. Daniel Ellsberg, who famously leaked a top secret US history of the Vietnam War dubbed the Pentagon Papers at the height of that war, told US television he had spoken to Mr Assange last week. "He … understood that it was not safe for him to come to this country," Mr Ellsberg said.

Note: For more of Daniel Ellsberg's assessment of the personal dangers to Assange from the Pentagon's manhunt for him, click here.


Federal approval still flowing for flawed Gulf drilling plans
2010-06-18, Miami Herald/McClatchy Newspapers
Posted: 2010-06-20 18:29:14
http://www.miamiherald.com/2010/06/18/1688759/federal-approval-still-flowing....

Despite President Barack Obama's promises of better safeguards for offshore drilling, federal regulators continue to approve plans for oil companies to drill in the Gulf of Mexico with minimal or no environmental analysis. The Department of Interior's Minerals Management Service has signed off on at least five new offshore drilling projects since June 2, when the agency's acting director announced tougher safety regulations for drilling in the Gulf, a McClatchy review of public records has discovered. Three of the projects were approved with waivers exempting them from detailed studies of their environmental impact – the same waiver the MMS granted to BP for the ill-fated well that's been fouling the Gulf with crude for two months. Environmental groups [say] the administration is allowing oil companies to proceed with drilling plans that may be just as flawed as BP's, which concluded that a major spill was "unlikely" and that the company was equipped to manage even the worst-case blowout. "It's just outrageous," said Kieran Suckling, executive director of the Center for Biological Diversity, a conservation organization. "The whole world is screaming and ... they're just continuing to move this stuff through the system."

Note: For abundant reports from reliable sources on government corruption, click here.


Is Using Dispersants on the BP Gulf Oil Spill Fighting Pollution with Pollution?
2010-06-18, Scientific American
Posted: 2010-06-20 18:26:46
http://www.scientificamerican.com/article.cfm?id=is-using-dispersants-fightin...

Roughly five million liters of dispersants have now been used to break up the oil spilling into the Gulf of Mexico, making this the largest use of such chemicals in U.S. history. And there is no doubt that dispersants are toxic: Both types of the dispersal compound COREXIT used in the Gulf so far are capable of killing or depressing the growth of a wide range of aquatic species, ranging from phytoplankton to fish. But the U.S. Environmental Protection Agency (EPA), for one, has become concerned about the toxicity of the most-used dispersant at the Gulf of Mexico spill–COREXIT 9500–and ordered BP to look at alternatives. The problem? The EPA's industry-generated data is unclear as to the relative toxicity of various dispersants. "If you think the data on COREXIT is bad, try to find any decent toxicology data on the alternatives," says toxicologist Carys Mitchelmore of the University of Maryland's Chesapeake Biological Laboratory, who helped write a 2005 National Research Council (NRC) report on dispersants. "I couldn't compare and contrast which one was more toxic than the other based on that."


Fed dodges bullet as House drops audit idea
2010-06-15, Reuters News
Posted: 2010-06-20 18:23:21
http://www.reuters.com/article/idUSN1527338120100615

The Federal Reserve scored a political victory ... as Democrats mulling financial reform backed off measures that would expose monetary policy to audits and make the head of the New York Fed a political appointee. The U.S. House of Representatives had approved a bill in December that included a provision, championed by Texas Representative Ron Paul, that would have opened the Fed's interest rate policy to congressional audits. But in a statement on Tuesday, House Democrats participating in negotiations over a final financial reform bill signaled a willingness to live with a narrower Senate audit provision that does not cover monetary policy. The Fed, which has admitted it was too complacent about regulatory oversight in the run-up to the global financial crisis, has come under heavy fire for being too close to the banks it regulates. The House Democrats also said they would try to defeat a plan contained in the Senate bill under debate that would allow the U.S. president to name the head of the New York Fed, a step that Fed officials have argued would undercut the central bank's political independence. The U.S. central bank appears to be emerging largely unscathed by the regulatory reform efforts. It successfully fought off a Senate push last month that would have stripped it of its oversight of smaller banks, and is poised to emerge as the most powerful financial regulator when reforms are complete.

Note: A news search on both Google and Yahoo revealed that MSNBC was the only media to pick up this Reuters story, yet MSNBC then removed the story. Why might that be?


Lawmakers Negotiating Bank Bill Hold Industry Stocks
2010-06-17, Bloomberg/Businessweek
Posted: 2010-06-20 18:19:57
http://www.businessweek.com/news/2010-06-17/lawmakers-negotiating-bank-bill-h...

Lawmakers writing the biggest overhaul of financial regulations since the Great Depression may have a stake in the outcome. Eight of 11 senators and six of 22 House members on a conference committee writing the final legislation own stocks in financial companies affected by the legislation, disclosure statements released yesterday show. One senator and nine representatives who also sit on the committee got extensions of the filing deadline and haven't yet disclosed their holdings. "It's always a concern that personal interests influence legislation," said Lisa Gilbert, a lobbyist for the U.S. Public Interest Research Group, a Boston-based organization pushing for stronger financial regulations. Senator Judd Gregg of New Hampshire reported Bank of America stock holdings and a savings account valued between $1 million and $5 million. The 43 negotiators are trying to iron out differences between the House and Senate versions of the legislation as they respond to an economic crisis that forced the U.S. to provide $700 billion in bailout funds for New York-based Citigroup Inc. ... Bank of America Corp. and other banks.

Note: For abundant reports from reliable sources on government corruption, click here.


Saudi Arabia gives Israel clear skies to attack Iranian nuclear sites
2010-06-12, The Times (One of the UK's leading newspapers)
Posted: 2010-06-20 18:18:04
http://www.timesonline.co.uk/tol/news/world/middle_east/article7148555.ece

Saudi Arabia has conducted tests to stand down its air defences to enable Israeli jets to make a bombing raid on Iran's nuclear facilities, The Times can reveal. Defence sources in the Gulf say that Riyadh has agreed to allow Israel to use a narrow corridor of its airspace in the north of the country to shorten the distance for a bombing run on Iran. "The Saudis have given their permission for the Israelis to pass over and they will look the other way," said a US defence source in the area. "This has all been done with the agreement of the [US] State Department." Sources in Saudi Arabia say it is common knowledge within defence circles in the kingdom that an arrangement is in place if Israel decides to launch the raid. "We all know this. We will let them [the Israelis] through and see nothing," said one. The targets lie as far as 1,400 miles (2,250km) from Israel; the outer limits of their bombers' range, even with aerial refuelling. An open corridor across northern Saudi Arabia would significantly shorten the distance. An airstrike would involve multiple waves of bombers, possibly crossing Jordan, northern Saudi Arabia and Iraq. Passing over Iraq would require at least tacit agreement to the raid from Washington.


Report: Pakistani Spy Agency Arms, Trains Taliban
2010-06-13, ABC News
Posted: 2010-06-20 18:15:51
http://abcnews.go.com/International/wireStory?id=10900484

Pakistan's main spy agency continues to arm and train the Taliban and is even represented on the group's leadership council despite U.S. pressure to sever ties and billions in aid to combat the militants, a research report concluded. U.S. officials have suggested in the past that current or former members of Pakistan's powerful Inter-Services Intelligence agency, or ISI, have maintained links to the Taliban despite the government's decision to denounce the group in 2001 under U.S. pressure. The report issued [on June 13] by the London School of Economics offered one of the strongest cases that assistance to the group is official ISI policy, and even extends to the highest levels of the Pakistani government. The report ... was based on interviews with Taliban commanders, former Taliban officials, Western diplomats and many others. "Without a change in Pakistani behavior it will be difficult, if not impossible, for international forces and the Afghan government to make progress against the insurgency," said the report, written by Matt Waldman, a fellow at Harvard University's John F. Kennedy School of Government.

Note: For lots more powerful information suggestion Pakistani involvement with terrorism and 9/11, watch the highly insightful documentary available here.


U.S. Identifies Vast Mineral Riches in Afghanistan
2010-06-14, New York Times
Posted: 2010-06-20 18:14:13
http://www.nytimes.com/2010/06/14/world/asia/14minerals.html

The United States has discovered nearly $1 trillion in untapped mineral deposits in Afghanistan, far beyond any previously known reserves. The previously unknown deposits – including huge veins of iron, copper, cobalt, gold and critical industrial metals like lithium – are so big and include so many minerals that are essential to modern industry that Afghanistan could eventually be transformed into one of the most important mining centers in the world. American and Afghan officials agreed to discuss the mineral discoveries at a difficult moment in the war in Afghanistan. Just last year, Afghanistan's minister of mines was accused by American officials of accepting a $30 million bribe to award China the rights to develop its copper mine. The minister has since been replaced. American officials fear resource-hungry China will try to dominate the development of Afghanistan's mineral wealth, which could upset the United States, given its heavy investment in the region. After winning the bid for its Aynak copper mine in Logar Province, China clearly wants more, American officials said.

Note: With the highly sophisticated equipment now available for finding minerals underground, do you really think this was not known a while back? For an analysis of this "discovery," click here.


Revealed: Japan's bribes on whaling
2010-06-13, The Times (One of the UK's leading newspapers)
Posted: 2010-06-20 18:12:50
http://www.timesonline.co.uk/tol/news/environment/article7149091.ece

A Sunday Times investigation has exposed Japan for bribing small nations with cash and prostitutes to gain their support for the mass slaughter of whales. The undercover investigation found officials from six countries were willing to consider selling their votes on the International Whaling Commission (IWC). The revelations come as Japan seeks to break the 24-year moratorium on commercial whaling. An IWC meeting that will decide the fate of thousands of whales, including endangered species, begins this month in Morocco. Japan denies buying the votes of IWC members. However, The Sunday Times filmed officials from pro-whaling governments admitting: - They voted with the whalers because of the large amounts of aid from Japan. One said he was not sure if his country had any whales in its territorial waters. Others are landlocked. – They receive cash payments in envelopes at IWC meetings from Japanese officials who pay their travel and hotel bills. - One disclosed that call girls were offered when fisheries ministers and civil servants visited Japan for meetings. Barry Gardiner, an MP and former Labour biodiversity minister, said the investigation revealed "disgraceful, shady practice", which is "effectively buying votes".

Note: For key articles from reliable sources on the amazing qualities and sad human abuse of marine mammals, click here.


Dearth of financing stalls inventor of 110-mpg engine
2010-05-28, Toledo Blade (Toledo's leading newspaper)
Posted: 2010-06-20 18:11:11
http://toledoblade.com/apps/pbcs.dll/article?AID=/20100528/BUSINESS07/5280334

A year ago, hundreds of people flocked to a 100,000-square-foot former factory building in Wauseon's industrial area where a Napoleon, Ohio, inventor promised to begin building engines that would travel more than 110 miles on a gallon of E85 gasoline. But time and the economy have not been kind to Doug Pelmear's plan to revolutionize the American automobile. The factory today is largely dark and empty, Mr. Pelmear's dreams of putting northwest Ohioans back to work are still constrained within two file drawers full of job applications, and his hopes of mass-producing his HP2g engine have fallen victim to a lack of funding. "We can't get the banks to look at us," Mr. Pelmear said yesterday. Mr. Pelmear said he hasn't sought money from more traditional capital sources such as investors, selling stock or bonded indebtedness, because such sources would likely cost him control of HP2g LLC - something he's unwilling to provide. A partnership Mr. Pelmear forged with Revenge Designs Inc., a Decatur, Ind. specialty carmaker that had planned to use his engine in its upcoming "Verde" supercar, dissolved this spring.

Note: For a treasure trove of exciting reports on new automotive and new energy technologies, click here.


Important Note: Explore our full index to revealing excerpts of key major media news stories on several dozen engaging topics. And don't miss amazing excerpts from 20 of the most revealing news articles ever published.

Kindly donate here to support this inspiring work.

Subscribe to our free email list of underreported news.

newsarticles.media is a PEERS empowerment website

"Dedicated to the greatest good of all who share our beautiful world"