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.
It played like a scene from a holiday movie – a mystery couple, who didn’t leave their names or numbers, walked into a restaurant, finished their meal and then set off a chain reaction of generosity that lasted for hours. That’s just what employees at the Aramingo Diner in the Port Richmond section of Philadelphia said a man and a woman did during their breakfast shift Saturday morning. “It was magical. I had tears in my eyes because it never happened before. I’ve been here for 10 years, and I’ve never seen anything like that,” said Lynn Willard, a waitress. “I could not believe it. And it continued and continued,” said Willard. “They asked us not to say anything until they left, [and only then to] say, ‘Merry Christmas, that person picked up your check.’” For the next five hours, dozens of patrons got into that same holiday spirit and paid the favor forward. The diner’s manager said not one person was concerned about price of the check – which ran between $12 and $30. “It was a surprise to all of us,” said the diner's manager. “Those who took the check also tipped the waitress. So nobody had to do anything other than pass it on, and that’s what they did. They just passed it forward.” It’s a true holiday story that proves how a small gesture of kindness can create some magic.
In many ways, nothing has changed at the SAME Café in mid-town Denver. A week ago, we brought in the NBC News camera and recorded a typical Friday lunch rush. We were there because a viewer had e-mailed Brian Williams [about] the couple who run the café. Brad and Libby Birky serve great food, but accept in return only what the customer can afford. Some pay nothing, while others, who still have jobs and paychecks pay something, sometimes double or even triple what the meal would cost anywhere else in town. A week after we visited the SAME Café, some things have changed. Within 24 hours, the café's web-site -- www.soallmayeat.org -- was hit with over 4000 e-mails. The messages came from Maine, Alaska, California, and all points in between. They were overwhelmingly warm and supportive. Contributions poured in. So far, the figure is about $13,000. The money is coming in small amounts, primarily from people who will never taste the pizza at the SAME cafe. Brad says they are "flooded" with offers from people from the Denver area to help prepare, cook, and clean up the café. More volunteers than could fit in the café. Brad isn’t turning anyone away, "We'll just schedule them in a few weeks down the road, when the rush is over." After more than two years running the café, Brad knows "the rush" will slow down.
Note: Founded in October 2006, this incredibly inspiring cafe has not gotten nearly the press coverage that it deserves, though you can find a couple major media articles at this link and this one. For a great, five-minute video on this most inspiring cafe, click here.
Forget too big to fail. In the eyes of federal regulators, many Wall Street firms are too big to punish. During the past three years, some of the nation's largest financial firms have been accused by the government of cheating or misleading clients and ripping off tens of thousands of consumers of their investments. Despite these findings, these financial giants got, sometimes repeatedly, special exemptions from the Securities and Exchange Commission that have saved them from a regulatory death penalty that could have decimated their lucrative mutual fund businesses. Among the more than a dozen firms that have gotten these SEC get-out-of-jail cards since January 2007 are some of Wall Street's biggest, including Bank of America, Citigroup and American International Group. SEC rules permit corporate lawbreakers to apply for what are known as Section 9(c) waivers from one of the agency's harshest penalties — effectively shuttering the violator's mutual fund operations — but regulators never rejected any of these firms' applications. In fact, the last time the SEC's staff could recall a waiver being turned down was 1978. The SEC declined to comment in detail.
Note: For lots more from reliable sources on the realities of the Wall Street bailout, click here.
The CIA is to be given broad access to the bank records of millions of Britons under a European Union plan to fight terrorism. The Brussels agreement, which will come into force in two months’ time, requires the 27 EU member states to grant requests for banking information made by the United States under its terrorist finance tracking programme. The EU said it had agreed that Europeans would be compelled to release the information to the CIA “as a matter of urgency”. The records will be kept in a US database for five years before being deleted. Critics say the system is “lopsided” because there is no reciprocal arrangement under which the UK authorities can easily access the bank accounts of US citizens. They also say the plan to sift through cross-border and domestic EU bank accounts gives US intelligence more scope to consult our bank accounts than is granted to law enforcement agencies in the UK or the rest of Europe. This weekend civil liberties groups and privacy campaigners said the surveillance programme, introduced as an emergency measure in 2001, was being imposed on Britain without a proper debate. Shami Chakrabarti, director of Liberty, said: “The massive scope for transferring personal information from Europe to the United States is extremely worrying, especially in the absence of public debate or parliamentary scrutiny either at EU or domestic level.
Note: For reports from major media sources on erosion of privacy by governments and corporations, click here.
Private security guards from Blackwater Worldwide participated in some of the C.I.A.’s most sensitive activities — clandestine raids with agency officers against people suspected of being insurgents in Iraq and Afghanistan and the transporting of detainees, according to former company employees and intelligence officials. The raids against suspects occurred on an almost nightly basis during the height of the Iraqi insurgency from 2004 to 2006, with Blackwater personnel playing central roles in what company insiders called “snatch and grab” operations. Several former Blackwater guards said that their involvement in the operations became so routine that the lines supposedly dividing the Central Intelligence Agency, the military and Blackwater became blurred. Instead of simply providing security for C.I.A. officers, they say, Blackwater personnel at times became partners in missions to capture or kill militants in Iraq and Afghanistan, a practice that raises questions about the use of guns for hire on the battlefield. The secret missions illuminate a far deeper relationship between the spy agency and the private security company than government officials had acknowledged. Blackwater’s ties to the C.I.A. have emerged in recent months, beginning with disclosures in The New York Times that the agency had hired the company as part of a program to assassinate leaders of Al Qaeda and to assist in the C.I.A.’s Predator drone program in Afghanistan and Pakistan.
Note: After this report was published, the CIA announced it had terminated contracts with Blackwater. The reality is that many of Blackwater's services are provided under classified contracts, with both the CIA and the Joint Special Operations Command, so the denial of "contracts" with Blackwater may be deceptive.
Despite changes intended to curb Congressional junkets, some lawmakers and even their families continue to take trips hosted by private groups and companies that revel in their access to Washington power brokers. An examination by The New York Times of 1,150 trips shows that some of them bent or broke rules adopted in 2007 to limit corporate influence in Washington. Others exploited glaring loopholes in the guidelines, enacted with much fanfare after scandals involving the disgraced lobbyist Jack Abramoff. The rules are filled with odd contradictions. Lobbyists themselves are not allowed to pay for trips, but their corporate clients can. And lobbyists are permitted to give huge sums to nonprofit groups that can sponsor travel. They can also travel to destinations and meet the lawmakers once they get there, though they cannot go on the same plane. Seizing on the loopholes, lobbyists and the companies that employ them are still underwriting trips by dozens of members of Congress, particularly those in the House, the Times review shows. The companies finance much of this travel indirectly, getting around the spirit of the rules by giving money to nonprofits, some of which seem to exist largely to sponsor trips. In fact, the rules may have had the unexpected effect of obscuring who is actually paying for a lawmaker’s junket.
Note: For many reports from mainstream sources on government corruption, click here.
This country hasn't used land mines in nearly 20 years. It no longer makes the indiscriminate killers nor provides them to allies. Why then is President Obama - off to Oslo this week to collect a Nobel Peace Prize - refusing to sign an international treaty to ban the shrapnel-spewing buried bombs? His refusal is ... shameful. The devices, which maim and kill for years after a conflict ends, caused more than 5,000 casualties last year in the world's poorest places such as Cambodia, Angola and Central America. Obama's stance puts him in line with Presidents George W. Bush and Bill Clinton, who both ducked a chance to put this country in line with more than 150 nations that have signed the treaty. Other notable non-signers: China, Russia, India, Pakistan and Cuba. Is this the company we want to keep? Sticking with land mines is a puzzler. The United States has a reported stockpile of 10 million devices, though it hasn't deployed any since the 1991 Gulf War. By signing the agreement, the Pentagon would hardly be giving up a mainstay weapon. It's time for Obama to go in a new direction. He should sign, not equivocate, on a treaty that Washington has avoided for over a decade. Here's a thought while typing up your Peace Prize acceptance speech, Mr. President: It's time to ban land mines.
Note: The refusal to sign the worldwide landmine ban treaty seems to be a puzzler, until you realize the US government is protecting the rights to profit of US arms corporations. For a retired Marine general's analysis of the profiteering that is the principal purpose for war, "War is a Racket,"click here.
This is the 25th anniversary of the Bhopal gas disaster. [It] started one night when a pesticide plant owned by the American chemical giant Union Carbide leaked a cloud of poisonous gas. Before the sun rose, almost 4,000 human beings capable of love and anguish sank to their knees and did not get up. Half a million more fell ill, many with severely damaged lungs and eyes. An additional 15,000 people have since died from the aftereffects, and 10 to 30 people are said to die every month from exposure to the hundreds of tons of toxic waste left over in the former factory. But amazingly, the site still has not been cleaned up, because Dow Chemical, which since acquired Union Carbide, refuses to accept any responsibility. In 2001, the maker of napalm married the bane of Bhopal: Dow Chemical bought Union Carbide for $11.6 billion and promptly distanced itself from the disaster. Union Carbide and Dow were allowed to get away with it because of the international legal structures that protect multinationals from liability. Union Carbide sold its Indian subsidiary and pulled out of India. Warren Anderson, the Union Carbide chief executive at the time of the gas leak, lives in luxurious exile in the Hamptons, even though there’s an international arrest warrant out for him for culpable homicide. The Indian government has yet to pursue an extradition request. Imagine if an Indian chief executive had jumped bail for causing an industrial disaster that killed tens of thousands of Americans. What are the chances he’d be sunning himself in Goa?
Note: For lots more from reliable sources on corporate corruption, click here.
A $112 million settlement involving alleged drug kickbacks that the Justice Dept. announced with the nation's largest nursing home pharmacy and a generic drug manufacturer on Nov. 3 is part of a wide-ranging investigation of suspected Medicaid fraud by the pharmaceutical industry. Critics say the continuing probe, which involves ... major drugmakers, highlights what they describe as an industry practice of paying money to outfits that provide drugs to consumers, in return for preferential treatment. Because those alleged payoffs have the effect of compromising patient care and driving up costs for government and private health insurers, cases like the settlement unsealed with Omnicare (OCR) in Covington, Ky., and IVAX Pharmaceuticals in Weston, Fla., could bolster opposition to the controversial deal the Obama Administration reached with the pharmaceutical industry to win its support for health-reform legislation. Many Democrats say the Administration should have asked for much bigger cost savings from drugmakers. Patrick Burns, a spokesman for Taxpayers Against Fraud, a nonprofit Washington group that promotes whistleblower suits, says the Justice Dept. is backed up with pharmaceutical fraud cases. Since drugmakers offer so many similar products, he contends, they rely on kickbacks to give their products a market edge. "In the pharmaceutical industry, the business isn't selling the best drug, it's the best scheme of kickbacks to the prescriber."
Note: For lots more from reliable sources on corporate corruption, click here.
Scientists have now levitated mice using magnetic fields. Scientists working on behalf of NASA built a device to simulate variable levels of gravity. It consists of a superconducting magnet that generates a field powerful enough to levitate the water inside living animals, with a space inside warm enough at room temperature and large enough at 2.6 inches wide (6.6 cm) for tiny creatures to float comfortably in during experiments. Repeated levitation tests showed the mice, even when not sedated, could quickly acclimate to levitation inside the cage. The strong magnetic fields did not seem to have any negative impacts on the mice in the short term, and past studies have shown that rats did not suffer from adverse effects after 10 weeks of strong, non-levitating magnetic fields. The researchers also levitated water drops up to 2 inches wide (5 cm). This suggests the variable gravity simulator could be used to study how liquids behave under reduced gravity, such as how heat is transferred or how bubbles behave.
Note: Remember that secret government research projects are generally at least 10 years ahead of any public research.
If there is one scientist who knows more about sea levels than anyone else in the world, it is the Swedish geologist and physicist Nils-Axel Mörner, formerly chairman of the INQUA International Commission on Sea Level Change. And the uncompromising verdict of Dr Mörner, who for 35 years has been using every known scientific method to study sea levels all over the globe, is that all this talk about the sea rising is nothing but a colossal scare story. Despite fluctuations down as well as up, "the sea is not rising," he says. "It hasn't risen in 50 years." If there is any rise this century it will "not be more than 10cm (four inches), with an uncertainty of plus or minus 10cm". The reason why Dr Mörner, formerly a Stockholm professor, is so certain that ... claims about sea level rise are 100 per cent wrong is that they are all based on computer model predictions, whereas his findings are based on "going into the field to observe what is actually happening in the real world". When running the International Commission on Sea Level Change, he launched a special project on the Maldives, whose leaders have for 20 years been calling for vast sums of international aid to stave off disaster. Six times he and his expert team visited the islands, to confirm that the sea has not risen for half a century.
Note: Though evidence shows that most glaciers have rapidly been melting over the past three decades, and ice in the Arctic Ocean reached a record low in 2007, there is strikingly little evidence this is causing any shift in sea level. The frequently quoted 1972 Club of Rome report "Limits to Growth" warned of a potential major rise in sea level wreaking havoc by the year 2000. Where is it? Why all the fear-mongering about rising sea levels when there is so little evidence of any rise? For many reports on global warming from reliable sources, click here.
The Obama administration has asked an appeals court to dismiss a lawsuit accusing former Bush administration attorney John Yoo of authorizing the torture of a terrorism suspect, saying federal law does not allow damage claims against lawyers who advise the president on national security issues. Yoo, a UC Berkeley law professor, worked for the Justice Department from 2001 to 2003. He was the author of a 2002 memo that said rough treatment of captives amounts to torture only if it causes the same level of pain as "organ failure, impairment of bodily function or even death." The memo also said the president may have the power to authorize torture of enemy combatants. In the current lawsuit, Jose Padilla, now serving a 17-year sentence for conspiring to aid Islamic extremist groups, accuses Yoo of devising legal theories that justified what he claims was his illegal detention and abusive interrogation. The Justice Department represented Yoo until June, when a federal judge in San Francisco ruled that the suit could proceed. The department then bowed out, citing unspecified conflicts, and was replaced by a government-paid private lawyer. Padilla, a U.S. citizen, was ... held for three years and eight months in a Navy brig, where, according to his suit, he was subjected to sleep deprivation, sensory deprivation and stress positions, kept for lengthy periods in darkness and blinding light, and threatened with death to himself and his family.
Note: For lots more on government attacks on civil liberties, click here.
A grateful shoplifter has returned the favor to a New York convenience store owner who showed him compassion during an attempted robbery earlier this year. It all started in May when Mohammad Sohail was closing his Shirley Express convenience store, about 65 miles east of New York City. A man wielding a baseball bat came barging into the store and demanded money. Sohail had a rifle and quickly pointed it at the robber's face, forcing the man to drop the bat and fall to the ground. What the robber didn't know is that the gun was not loaded. Sohail says the man started to plead with him tearfully saying, "I'm sorry, I have no food. I have no money. My whole family is hungry. Don't call the police. Don't shoot me." The store owner felt bad for the man and gave him $40 and a loaf of bread. He went to get the man some milk but when he returned, Sohail says, the would-be-robber had already fled with the money and food. On Wednesday, the shoplifter made amends with a $50 bill and a thank you letter for saving him from a life of crime. In the letter, the man apologizes for his actions in May and said it was out of desperation to provide for his family. The man, whose identity remains unknown, also said his life has changed drastically and that Sohail's acts inspired him to become a "True Muslim."
Note: To watch a video of this most unusual act of compassion, click here.
Global power-brokers have a penchant for siting their get-togethers in inaccessible places. Since Seattle 1999, Washington and Prague 2000, the calendar of global get-togethers has attracted lively anti-globalisation demonstrations. Davos this year had unusually tight security to try and keep protestors well away, leading to allegations of unnecessary heavy-handedness by the Swiss police. This weekend, it is the turn of Bilderberg, perhaps the most secretive (or as the organisers would prefer to claim, discrete) club for the global elite. It holds its weekend on Stenungsund, an island off the Swedish west coast. The group was created by Denis (now Lord) Healey, Joseph Retinger, David Rockefeller and Prince Bernhard of the Netherlands (a former SS officer) - the group aimed to [bring] together financiers, industrialists, politicians and opinion formers; the press have never been allowed access. There is a growing perception that globalisation is a process which is being managed for the benefit of a small proportion of the planet's residents and at terrible cost to many more. There is a perception of illegitimacy about unaccountable corporate power and governments elected on low turnout: sooner or later global power-brokers will have to recognise this crisis of legitimacy, and engage with protestors rather than run away from them.
Note: For lots more reliable news on powerful secret societies, click here. And for another balanced article on the powerful Bilderberg Group, click here.
So this is how it works. A tiny, shoe-string central office in Holland decides each year which country will host the next meeting. Each country has two steering committee members. They call up Bilderberg-friendly global corporations, such as Xerox or Heinz or Fiat or Barclays or Nokia, which donate the hundreds of thousands of pounds needed. They do not accept unsolicited donations from non-Bilderberg corporations. Nobody can buy their way into a Bilderberg meeting, although many corporations have tried. Then they decide who to invite - who seems to be a "Bilderberg person". The notion of a Bilderberg person hasn't changed since the earliest days, back in 1954. The guests are expressly asked not to give interviews to journalists. There are two morning sessions and two afternoon sessions. While furiously denying that they secretly ruled the world, my Bilderberg interviewees did admit to me that international affairs had, from time to time, been influenced by these sessions. This is how Denis Healey described a Bilderberg person to me: "To say we were striving for a one-world government is exaggerated, but not wholly unfair. Bilderberg is a way of bringing together politicians, industrialists, financiers and journalists. Politics should involve people who aren't politicians."
Note: For lots more on the highly secretive Bilderberg meeting from two later BBC News article, click here. For many other revealing articles from major media reports on secret societies and secret meetings of the most rich and powerful people in our world, click here.
If you want to encourage the kind of conspiracy theories that have prospered in the wake of last year’s financial crisis — those that describe a secret cabal of elites running the world — try doing the following: Have a group of 30 high-powered economists, government officials and bankers meet under the auspices of an international group that shares ideas on how to run the global financial architecture. Have your Board of Trustees led by an influential former Federal Reserve chairman who’s now working as a senior advisor to the president of the United States. Name the former vice chairman of bailout behemoth AIG as the group’s Chairman and CEO (It helps that he [is] former governor of the Bank of Israel). Ensure that membership includes the likes of these: A former Treasury Secretary and president of Harvard who also now works as a top presidential economic advisor; Citigroup’s senior vice chairman; a former IMF deputy managing director and the current governor of the Bank of Israel; and top representatives of the world’s four most important central banks. Hold two days of closed-door meetings at the New York Fed. Do not publicize a list of attendees and leave everyone guessing about the agenda. These were the circumstances surrounding Friday’s start to the 62nd plenary meetings of the Group of 30, whose formal name is “The Consultative Group on International Economic and Monetary Affairs, Inc.”
Note: The article interestingly then goes on to claim that this secret meeting of the world's top bankers is not really anything to worry about, that they are really working for the public good. If so, why not have the meeting open and widely covered by the press? For many other revealing articles from major media reports on secret societies and secret meetings of the most rich and powerful people in our world, click here.
Twice a year, the chairmen and chief executives of Europe's biggest banks gather in secret. They meet under the auspices of a hush-hush club formed after World War II, whose operations are so mysterious that even the grandees who attend it seem unclear what it's really called. One bank supremo told me its name was the Instituts d'Etudes Financieres ... another that it went by the moniker IIEB. Either way, what I can tell you is that it attracts a pretty high calibre of banker - and that its last meeting was just a few weeks ago at the plush London hotel, Claridges, where the main item on the agenda was the topical question of bankers' bonuses. Present were ... Stephen Green of HSBC, Philip Hampton of RBS, Marcus Agius of Barclays and David Mayhew of JP Morgan Cazenove, and their counterparts from Germany, Italy, France and so on. Now, let's be clear: the idea that banks would ever collude to solve a mutual problem would be an outrageous and unwarranted slur. That said, they would dearly love a collective agreement to cease hostilities on bankers' pay, because they know there is a one-to-one correlation between each million pound bonus they pay and damage to their reputations. But although they explored whether they could reach an entente on capping bankers' pay, they abandoned the ambition as a hopeless cause. Why? Because they can't get the Americans into the room. So what is the going rate for RBS's top profit generators? Last year, when the bonus pool was Ł900m [over $1.3 billion] for the investment bank, several hundred of its executives earned more than a million pounds each. [This year] quite a number of its top traders will be expecting $10m plus.
Note: You can bet that the money for this year's bonuses is coming out of taxpayers' pockets through the huge bailouts. So here is yet another secret meeting of the world's top bankers not being reported in the major media except for this BBC blog. For many other revealing articles from major media reports on secret societies and secret meetings of the most rich and powerful people in our world, click here.
U.S. lenders saw loans fall by the largest amount since the government began tracking such data, suggesting that nervousness among banks continues to hamper economic recovery. Total loan balances fell by $210.4 billion, or 3%, in the third quarter, the biggest decline since data collection began in 1984, according to a report released ... by the Federal Deposit Insurance Corp. The FDIC also said its fund to backstop deposits fell into negative territory for just the second time in its history, pushed down by a wave of bank failures. The decline in total loans showed how banks remain reluctant to lend, despite the hundreds of billions of dollars the government has spent to prop up ailing banks and jump-start lending. The issue has taken on greater urgency with the U.S. unemployment rate hitting 10.2% in October. "There is no question that credit availability is an important issue for the economic recovery," FDIC Chairman Sheila Bair told reporters Tuesday. "We need to see banks making more loans to their business customers." She said large banks -- which account for 56% of industry assets and received a large share of the government's bailout funds -- accounted for 75% of the decline.
Note: The big banks were given trillions in bailout funds with a mandate to increase loans and stimulate the economy. Why are they still giving out so few loans? Where did the huge amounts of our taxpayer money go? Why isn't the government demanding accountability with such huge sums of taxpayer money? For lots more on major manipulations by the big bankers, click here.
Mark Pittman, the award-winning reporter whose fight to make the Federal Reserve more accountable to taxpayers led Bloomberg News to sue the central bank and win, died Nov. 25 in Yonkers, New York. He was 52. Pittman suffered from heart-related illnesses. “He was one of the great financial journalists of our time,” said Joseph Stiglitz, a professor at Columbia University in New York and the winner of the 2001 Nobel Prize for economics. “His death is shocking.” A former police-beat reporter who joined Bloomberg News in 1997, Pittman wrote stories in 2007 predicting the collapse of the banking system. That year, he won the Gerald Loeb Award from the UCLA Anderson School of Management, the highest accolade in financial journalism, for "Wall Street’s Faustian Bargain," a series of articles on the breakdown of the U.S. mortgage industry. Pittman’s push to open the Fed to more scrutiny resulted in an Aug. 24 victory in Manhattan Federal Court affirming the public’s right to know about the central bank’s more than $2 trillion in assistance to financial firms.
Note: To see a one-minute video of mind-blowing US Congressional testimony on a CIA dart gun which can easily cause a heart attack, click here. The poison from this gun is undetectable on autopsy. Could such a weapon be used by the rich and powerful bankers who might want to silence someone who threatens literally billions of dollars of profits, someone like Mark Pittman?
The White House has authorized an expansion of the C.I.A.’s drone program in Pakistan’s lawless tribal areas. More C.I.A. drone attacks have been conducted under President Obama than under President George W. Bush. The political consensus in support of the drone program ... and its secrecy have obscured just how radical it is. For the first time in history, a civilian intelligence agency is using robots to carry out a military mission, selecting people for killing in a country where the United States is not officially at war. The drone warfare pioneered by the C.I.A. in Pakistan and the Air Force in Iraq and Afghanistan is the leading edge of a wave of push-button combat that will raise legal, moral and political questions around the world, said P. W. Singer, a scholar at the Brookings Institution and author of the book Wired for War: The Robotics Revolution and Conflict in the 21st Century. So far, only the United States and Israel have used the planes for strikes, but that number will grow. It is impossible to judge whether the program violates international law without knowing whether Pakistan permits the incursions, how targets are selected and what is done to minimize civilian casualties.
Note: For many revealing reports from reliable sources on the realities behind the "war on terror," 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.