News StoriesExcerpts of Key News Stories in Major Media
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.
[video transcript:] In America today we are getting closer to fully exposing the greatest con and cover-up in this [country's] history. It involves our banks, the federal reserve, our congress, and, of course, you and me. Here's how the con went down. The bankers were operating under an implicit guarantee from the godfather [at] the Federal Reserve, in the form of guaranteed interest rates, guaranteed cheap money exclusively for the con men. Then, Chairman Greenspan, the godfather, would agree to hold those rates -- let's say 2% -- for as far as the eye could see. The banks, or bankers, the con men, would borrow that money from the Federal Reserve, let's say 2%, and turn around and lend it back to [you], and let's say 6%. That encouraged the patsies, you and me, to be drawn into the con because 6% looks like a pretty low rate. Low rates for houses, low rates for cars. Heck, you could join a health club, make that into payments, turn that into bonds, and of course promises of a higher-than-average return for those managing teachers and policemen's and judge's pension funds that are buying into the con as well. And here exactly is where the con comes in. As you and I both know, the banks had no money. They were getting it from the Federal Reserve. It's funny money.
Note: For abundant reports from reliable sources on the hidden realities of what may be the greatest con job in financial history, click here.
Every year, thousands of people find themselves caught up in the government’s terrorist screening process. Some are legitimate targets of concern, others are victims of errors in judgment or simple mistaken identity. Either way, their numbers are likely to rise as the Obama administration recalibrates the standards for identifying potential terrorists. On Friday, the administration altered rules for identifying which passengers flying to the United States should face extra scrutiny at the gate. And it is reviewing ways to make it easier to place suspects on the watch list. “The entire federal government is leaning very far forward on putting people on lists,” Russell E. Travers, a deputy director of the National Counterterrorism Center, said at a recent Senate hearing. Before the attempted attack on Christmas, Mr. Travers said, “I never had anybody tell me that the list was too small.” Now, he added, “It’s getting bigger, and it will get even bigger.” Even as the universe of those identified as a risk expands, the decision-making involved remains so secretive that people cannot be told whether they are on the watch list, why they may be on it or even whether they have been removed. Civil liberties advocates say [the secrecy] can hide mistakes and keep people wrongly singled out from seeking redress.
Note: For lots more on government threats to civil liberties, click here.
Genetically engineered crops have provided “substantial” environmental and economic benefits to American farmers, but overuse of the technology is threatening to erode the gains, a national science advisory organization said ... in a report. The study was issued by the National Research Council, which is affiliated with the National Academy of Sciences. David E. Ervin, the chairman of the committee that wrote the report, ... warned that farmers were jeopardizing the benefits by planting too many so-called Roundup Ready crops. These crops are genetically engineered to be impervious to the herbicide Roundup, allowing farmers to spray the chemical to kill weeds while leaving the crops unscathed. Overuse of this seductively simple approach to weed control is starting to backfire. Use of Roundup, or its generic equivalent, glyphosate, has skyrocketed to the point that weeds are rapidly becoming resistant to the chemical. That is rendering the technology less useful, requiring farmers to start using additional herbicides, some of them more toxic than glyphosate. One critic, Charles Benbrook, said the conclusion that the crops help farmers might not be true in the future. That is because the report relies mostly on data from the first few years, before prices of the biotech seeds rose sharply and the glyphosate-resistant weeds proliferated.
Note: The benefits of GE crops are not substantial and have been intensely debated by involved scientists, though this debate has been covered up by both government and the press. For an excellent overview of the threats posed by genetically modified foods, click here.
Federal health authorities recommended [on March 22] that doctors suspend using Rotarix, one of two vaccines licensed in the United States against rotavirus, saying the vaccine is contaminated with material from a pig virus. Rotarix, made by GlaxoSmithKline, was approved by the FDA in 2008. The contaminant material is DNA from porcine circovirus 1, a virus from pigs that is not known to cause disease in humans or animals. About 1 million children in the United States and about 30 million worldwide have gotten Rotarix vaccine. Rotavirus disease kills more than 500,000 infants around the world each year, primarily in low- and middle-income countries. Before rotavirus vaccine became available, the disease was blamed for more than 50,000 hospitalizations and several dozen deaths per year in the United States. "We're not pulling it from the market, we're just suspending its use during this period while we're collecting more information," [Food and Drug Administration Commissioner Dr. Margaret Hamburg] said.
Note: If you explore the vaccine approval process, you may be shocked to find how potentially dangerous materials added to vaccines are not tested for safety. A mercury-based derivative called Thimerosal is still allowed in many vaccines, including the recent swine flu vaccine that was given massively to populations around the world. For more reliable information on this, click here.
"Green" no longer just symbolizes money at business schools. So-called green MBAs - master of business administration programs that focus on sustainability - are a fast-growing part of the academic landscape, incorporating sustainability into all coursework. The [San Francisco] Bay Area is home to two pioneering programs that grant green MBAs - the Presidio Graduate School (www.presidioedu.org) with a campus in San Francisco's Presidio, and the Green MBA program (www.greenmba.com) at Dominican University in San Rafael. Other local MBA programs increasingly are going green, too. Stanford ranks No. 4, and UC Berkeley's Haas School of Business No. 6 in "Beyond Grey Pinstripes," a biannual ranking that spotlights MBA programs that integrate social, environmental and ethical issues. Green MBA programs say they teach students to pay attention to the triple bottom line - people, profits and planet. Graduates of local green MBA programs [are] trying to use their degrees as a force for positive change.
Note: Click on the Chronicle link above to read the interviews with successful "Green MBAs".
A vegetarian diet may help to protect against cancer, a UK study suggests. Analysis of data from 52,700 men and women shows that those who did not eat meat had significantly fewer cancers overall than those who did. Writing in the American Journal of Clinical Nutrition the team said the findings were worth looking into. Although it is widely recommended that people eat five portions of fruit and vegetables a day to reduce their risk of cancer and other diseases, there is very little evidence looking specifically at a vegetarian diet. In the latest study, researchers looked at men and women aged 20 to 89 recruited in the UK in the 1990s. They divided participants into meat-eaters, fish-eaters, vegetarians and vegans. During follow-up there were fewer cancers than would be expected in the general population - probably because they were a healthier than average group of people. But there was a significantly lower incidence of all cancers among the fish-eaters and vegetarians compared with the meat eaters. For colorectal cancer, however that trend was reversed with vegetarians having a significantly higher incidence of the condition than the other groups.
Note: For many promising reports from major media sources on potential cancer cures, click here.
Are you weighted down by your past? Anxious about tomorrow? Stewing over how to face today? Stop. Drop those thoughts. Breathe. Be still. Just be. Spiritual teacher Eckhart Tolle will tell you this is the ultimate path to inner peace, available to you any time. All you have to do is let go of all your thoughts. Of course, that's a lot trickier than it sounds. Hence, Tolle's soaring popularity as a guide to living in the present un-tense. His most recent book, A New Earth: Awakening to Your Life's Purpose, a sequel to his earlier best seller, The Power of Now, has sold 6 million copies. When Oprah Winfrey read it, she was so inspired that she invited him to co-host a 10-week set of Internet seminars on how to simply be. So far, 35 million people worldwide have viewed these "webinars." In July, he launched Tolle TV, an Internet channel featuring his videotaped teachings and meditations. Subscriptions to Tolle TV, at $14.95 to $19.95 a month, cost less than a movie and popcorn, and a growing amount of the content — his lectures, teachings and meditations — is free. Most of the proceeds of his books and teaching tours are plowed back into Tolle TV's elaborate professional productions, or the overhead for lecture halls.
In a case that echoes the Jack Abramoff influence-peddling scandal, two Northern California Republican congressmen used their official positions to try to stop a federal investigation of a wealthy Texas businessman who provided them with political contributions. Reps. John T. Doolittle and Richard W. Pombo joined forces with former House Majority Leader Tom DeLay of Texas to oppose an investigation by federal banking regulators into the affairs of Houston millionaire Charles Hurwitz, documents recently obtained by The Times show. The Federal Deposit Insurance Corp. was seeking $300 million from Hurwitz for his role in the collapse of a Texas savings and loan that cost taxpayers $1.6 billion. The investigation was ultimately dropped. Doolittle and Pombo — both considered protégés of DeLay — used their power as members of the House Resources Committee to subpoena the agency's confidential records on the case, including details of the evidence FDIC investigators had compiled on Hurwitz. Then, in 2001, the two congressmen inserted many of the sensitive documents into the Congressional Record, making them public and accessible to Hurwitz's lawyers, a move that FDIC officials said damaged the government's ability to pursue the banker. The FDIC's chief spokesman characterized what Doolittle and Pombo did as "a seamy abuse of the legislative process."
Some of the world's biggest, most profitable corporations enjoy a far lower tax rate than you do – that is, if they pay taxes at all. The most egregious example is General Electric. Last year the conglomerate generated $10.3 billion in pretax income, but ended up owing nothing to Uncle Sam. In fact, it recorded a tax benefit of $1.1 billion. How did this happen? It's complicated. GE in effect consists of two divisions: General Electric Capital and everything else. The everything else – maker of engines, power plants, TV shows and the like – would have paid a 22% tax rate if it was a standalone company. It's GE Capital that keeps the overall tax bill so low. Over the last two years, GE Capital has displayed an uncanny ability to lose lots of money in the U.S. (posting a $6.5 billion loss in 2009), and make lots of money overseas (a $4.3 billion gain). Not only do the U.S. losses balance out the overseas gains, but GE can defer taxes on that overseas income indefinitely. It's the tax benefit of overseas operations that is the biggest reason why multinationals end up with lower tax rates than the rest of us.
Note: Forbes later changed the title of this article to a more innocuous "What The Top U.S. Companies Pay In Taxes." Can you believe that GE not only pays no taxes, they actually get credit from the US government? They ship US jobs overseas and then reap huge tax benefits as a result. What's wrong with this picture? For a wealth of media news articles on the hidden manipulations of major financial corporations, click here.
Porter J. Goss, the former director of the Central Intelligence Agency, in 2005 approved of the decision by one of his top aides to destroy dozens of videotapes documenting the brutal interrogation of two detainees, according to an internal C.I.A. document released [on April 15]. Shortly after the tapes were destroyed at the order of Jose A. Rodriguez Jr., then the head of the C.I.A.�s clandestine service, Mr. Goss told Mr. Rodriguez that he �agreed� with the decision, according to the document. He even joked after Mr. Rodriguez offered to �take the heat� for destroying the tapes. �PG laughed and said that actually, it would be he, PG, who would take the heat,� according to one document. A number of documents released Thursday provide the most detailed glimpse yet of the deliberations inside the C.I.A. surrounding the destroyed tapes, and of the concern among officials at the spy agency that the decision might put the C.I.A. in legal jeopardy. The documents detailing those deliberations, including two e-mail messages from a C.I.A. official whose name has been excised, were released as part of a Freedom of Information Act lawsuit filed by the American Civil Liberties Union. According to one of the e-mail messages released Thursday, Mr. Rodriguez told Mr. Goss that the tapes ... would make the C.I.A. �look terrible; it would be devastating to us.�
Note: For lots more on the realities of the "war on terror", click here.
Activists behind a website dedicated to revealing secret documents have complained of harassment by police and intelligence services as they prepare to release a video showing an American attack in which 97 civilians were killed in Afghanistan. Julian Assange, one of the founders of Wikileaks, has claimed that a restaurant where the group met in Reykjavik, the capital of Iceland, came under surveillance in March and one of the group�s volunteers was detained for 21 hours by police. Assange, an Australian, says he was followed on a flight from Reykjavik to Copenhagen by two American agents. The group has riled governments by publishing documents leaked by whistleblowers. Assange claims surveillance has intensified as he and his colleagues prepare to put out their Afghan film. It is said to concern the so-called �Granai massacre�, when American aircraft dropped 500lb and 1,000lb bombs ... in Farah province on May 4 last year. Assange complained of �covert following and hidden photography� by police and foreign intelligence services. There have been thinly veiled threats, he says, from �an apparent British intelligence agent� in a car park in Luxembourg. �Computers were also seized,� another member of Wikileaks said ..., raising alarm among supporters: �If anything happens to us, you know why ... and you know who is responsible.�
Note: It's not surprising that US intelligence agencies are intimidating Wikileaks activists reporting on the atrocities committed in the wars of aggression in Iraq and Afghanistan. As explained by Marine Corps General Smedley Butler in this excellent summary, modern US wars are the ruling elite's "get rich quick" scheme, and they don't want you to know.
In recent years, the idea of giving small loans to poor people became the darling of the development world, hailed as the long elusive formula to propel even the most destitute into better lives. Actors like Natalie Portman and Michael Douglas lent their boldface names to the cause. Muhammad Yunus, the economist who pioneered the practice by lending small amounts to basket weavers in Bangladesh, won a Nobel Peace Prize for it in 2006. The idea even got its very own United Nations year in 2005. But the phenomenon has grown so popular that some of its biggest proponents are now wringing their hands over the direction it has taken. Drawn by the prospect of hefty profits from even the smallest of loans, a raft of banks and financial institutions now dominate the field, with some charging interest rates of 100 percent or more. “We created microcredit to fight the loan sharks; we didn’t create microcredit to encourage new loan sharks,” Mr. Yunus recently said at a gathering of financial officials at the United Nations. “Microcredit should be seen as an opportunity to help people get out of poverty in a business way, but not as an opportunity to make money out of poor people.” The noisy interest rate fight has even attracted Congressional scrutiny, with the House Financial Services Committee holding hearings this year focused in part on whether some microcredit institutions are scamming the poor.
Note: An excellent introduction to the power of microloans to pull people out of poverty is available here. For key news reports on the exciting prospects of microlending, click here.
Succumbing to the politics of fear during the 2008 campaign, Congress seriously diluted the First and Fourth Amendment rights of Americans by changing the 1978 law that governs electronic surveillance. In addition to supplying retroactive approval for President George W. Bush�s warrantless wiretapping, the FISA Amendments Act vastly expanded the government�s ability to eavesdrop without warrants in the future. It gave the National Security Agency authority to monitor the international phone calls and e-mail messages of Americans who are not engaged in criminal activity and pose no threat to national security. The measure weakened judicial supervision of how these powers are exercised, making abuse far more likely. An important case being argued [April 16] in New York City will help determine the extent of the damage. At issue is a constitutional challenge to the 2008 law filed on behalf of human rights, labor, legal, and news media organizations whose work requires sensitive telephone and e-mail communication with people abroad. Embracing the Bush administration�s approach, the Obama administration has sought to block the suit, contending that the plaintiffs lack the requisite �standing� to bring the challenge because they cannot show with certainty that they have been spied on. (Of course, any attempt to prove spying would likely be met by a flimsy claim of state secrecy.)
Note: For lots more from reliable sources on government threats to civil liberties, click here.
Extrajudicial killings and targeted assassinations will soon become the main point of contention that Obama's administration will need to justify. The extensive use of drones under Obama have taken the death count well beyond anything that has been seen before. The legal justifications put forward by [the Obama administration] are reminiscent of the arguments that were used by John Yoo and others in their bid to lend legitimacy to unlawful practices such as rendition, arbitrary detention and torture. The laws of war do not allow for the targeting of individuals outside of the conflict zone, and yet we now find that extrajudicial killings are taking place in countries as far apart as Yemen, the Horn of Africa and Pakistan. From a legal and moral perspective, the rationale provided by the State Department is bankrupt and only reinforces the stereotype that the US has very little concern for its own principles. The hope that came with the election of Barack Obama has faded as his policies have indicated nothing more than a reconfiguration of the basic tenet of the Bush Doctrine – that the US's national security interests supersede any consideration of due process or the rule of law. The only difference – witness the rising civilian body count from drone attacks – being that Obama's doctrine is even more deadly.
Note: For lots more on the realities of the "war on terror", click here.
George W. Bush, Dick Cheney and Donald Rumsfeld covered up that hundreds of innocent men were sent to the Guantnamo Bay prison camp because they feared that releasing them would harm the push for war in Iraq and the broader War on Terror, according to a new document obtained by The Times. The accusations were made by Lawrence Wilkerson, a top aide to Colin Powell, the former Republican Secretary of State, in a signed declaration to support a lawsuit filed by a Guantnamo detainee. He claimed that the former Vice-President and Defence Secretary knew that the majority of the initial 742 detainees sent to Guantnamo in 2002 were innocent but believed that it was politically impossible to release them. Colonel Wilkerson, a long-time critic of the Bush Administrations approach to counter-terrorism and the war in Iraq, claimed that the majority of detainees children as young as 12 and men as old as 93 never saw a US soldier when they were captured. He said that many were turned over by Afghans and Pakistanis for up to $5,000. Little or no evidence was produced as to why they had been taken. He also claimed that one reason Mr Cheney and Mr Rumsfeld did not want the innocent detainees released was because the detention efforts would be revealed as the incredibly confused operation that they were.
Note: For lots more on the realities of the "war on terror", click here.
Scientists are taking a new look at hallucinogens, which became taboo among regulators after enthusiasts like Timothy Leary promoted them in the 1960s with the slogan �Turn on, tune in, drop out.� Now, using rigorous protocols and safeguards, scientists have won permission to study once again the drugs� potential for treating mental problems and illuminating the nature of consciousness. Researchers from around the world are gathering this week in San Jose, Calif., for the largest conference on psychedelic science held in the United States in four decades. They plan to discuss studies of psilocybin and other psychedelics for treating depression in cancer patients, obsessive-compulsive disorder, end-of-life anxiety, post-traumatic stress disorder and addiction to drugs or alcohol. Scientists are especially intrigued by the similarities between hallucinogenic experiences and the life-changing revelations reported throughout history by religious mystics and those who meditate. These similarities have been identified in neural imaging studies conducted by Swiss researchers and in experiments led by Roland Griffiths, a professor of behavioral biology at Johns Hopkins. In one of Dr. Griffiths�s first studies, involving 36 people with no serious physical or emotional problems, he and colleagues found that psilocybin could induce what the experimental subjects described as a profound spiritual experience with lasting positive effects for most of them.
Note: For key reports on health issues from reliable sources, click here.
Without public debate and without congressional hearings, a segment of the Pentagon and fellow travelers have embraced a doctrine known as the Long War, which projects an "arc of instability" caused by insurgent groups from Europe to South Asia that will last between 50 and 80 years. According to one of its architects, Iraq, Afghanistan and Pakistan are just "small wars in the midst of a big one." Consider the audacity of such an idea. An 80-year undeclared war would entangle 20 future presidential terms stretching far into the future of voters not yet born. The American death toll in Iraq and Afghanistan now approaches 5,000, with the number of wounded a multiple many times greater. And if the American armed forces are stretched thin today, try to conceive of seven more decades of combat. The costs are unimaginable too. According to economists Joseph E. Stiglitz and Linda Bilmes, Iraq alone will be a $3-trillion war. Those costs, and the other deficit spending of recent years, yield "virtually no room for new domestic initiatives for Mr. Obama or his successors," according to a New York Times budget analysis in February. Continued deficit financing for the Long War will rob today's younger generation of resources for their future.
Note: Many people don't even know why the US is fighting in Iraq and Afghanistan. The arguments about national security border on ridiculous. For a highly revealing essay by a top US general exposing the real reasons for war, click here. For lots more on the realities of the "war on terror", click here.
The women of Saeed Chmagh�s family wept, but the men did not as they watched a video of him being shot to death by a gunner on an American Apache attack helicopter. �I saw the truth,� Samir Chmagh, 19, son of the dead man, said Tuesday in his family�s living room in Baghdad. �They saw clearly that they were journalists and that they were holding cameras. It was painful when we saw this movie.� In July 2007 on the streets of Baghdad ... American troops gunned down men they identified as insurgents. The attack left 12 people dead, including Namir Noor-Eldeen, a 22-year-old Reuters photographer, and Mr. Chmagh, 40, a driver and assistant for the news agency. A video from the cockpit of an Apache helicopter was released on Monday by WikiLeaks.org, an online organization that said it had received the video from a whistle-blower in the military. The video has become an Internet sensation, with defenders saying the soldiers believed they were under threat and critics denouncing what they said were callous and bloodthirsty comments by the soldiers as they killed about a dozen people. �At last the truth has been revealed, and I�m satisfied God revealed the truth,� Noor Eldeen, the photographer�s father, said in Mosul. �If such an incident took place in America ... what would they do?�
Note: To view this disturbing video which shows how some soldiers consider this kind of killing to be a fun game, click here.
Researchers at the University of Florida have combined RFID, microchips and printed nano-particle antennas to make pills that communicate with cell phones or laptops to tell doctors whether patients are taking their medicine. Still a prototype, the inventors hope their tattletale technology can be applied commercially to a range of medications in clinical trials and in treatment of patients with chronic diseases in which it is essential that the doses are taken and taken on time. The pill is a white capsule with a microchip embedded and with an antenna printed on the outside with ink containing silver nanoparticles. A device worn by the patient energizes the microchip via bursts of low-voltage electricity. The chip signal confirms the pill is in the stomach and the device sends a signal that the pill has been swallowed. The messages can go to cell phones or laptops to inform doctors or family members.
Note: For lots more on microchips from reliable sources, click here.
A federal appeals court ruled on [April 6] that regulators [have] limited power over Web traffic under current law. The decision will allow Internet service companies to block or slow specific sites and charge video sites like YouTube to deliver their content faster to users. The court decision was a setback to efforts by the Federal Communications Commission to require companies to give Web users equal access to all content. The F.C.C. will now have to reconsider its strategy for mandating “net neutrality,” the principle that all Internet content should be treated equally by network providers. One option would be to reclassify broadband service as a sort of basic utility subject to strict regulation, like telephone service. Telephone companies and broadband providers have already indicated that they would vigorously oppose such a move. “You can’t have innovation if all the big companies get the fast lane,” said Gigi B. Sohn, president of Public Knowledge, which advocates for consumer rights on digital issues. “Look at Google, eBay, Yahoo — none of those companies would have survived if 15 years ago we had a fast lane and a slow lane on the Internet.”
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.