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.
Federal Deposit Insurance Corp. Chairman Sheila Bair said the fund it uses to protect customer deposits at U.S. banks could dry up amid a surge in bank failures, as she responded to an industry outcry against new fees approved by the agency. “Without these assessments, the deposit insurance fund could become insolvent this year,” Bair wrote in a March 2 letter to the industry. “A large number” of bank failures may occur through 2010 because of “rapidly deteriorating economic conditions.” The fund, which lost $33.5 billion in 2008, was drained by 25 bank failures last year. Sixteen banks have failed so far this year, further straining the fund. Smaller banks are outraged over the one-time fee ... Camden Fine, president of the Independent Community Bankers of America, said yesterday. The agency, which has released the change for 30 days of public comment, could modify the assessment to shift the burden to the large banks “that caused this train wreck,” Fine said. “Community bankers are feeling like they are paying for the incompetence and greed of Wall Street,” he said. Consumers should watch this issue closely, said Edmund Mierzwinski, consumer program director at U.S. PIRG, a Boston- based consumer-watchdog group. “I wouldn’t take their money out of the bank yet,” Mierzwinski said. “If the FDIC is saying that there is this serious problem, then we should all be concerned. I think there is a chance the FDIC is going to have to ask taxpayers for money in the future.”
Note: For lots more on the financial crisis from reliable sources, click here.
[Pulitzer prize winning] investigative reporter Seymour Hersh may have made a little more news than he intended by talking about new alleged instances of domestic spying by the CIA, and about an ongoing covert military operation that he called an “executive assassination ring.” [In reply to a question, Hersh said] "After 9/11 ... the Central Intelligence Agency was very deeply involved in domestic activities against people they thought to be enemies of the state, without any legal authority for it. Today, there was a story in the New York Times that ... mentioned something known as the Joint Special Operations Command -- JSOC it’s called. They reported directly to the Cheney office. They did not report to the chairman of the joint chiefs of staff or to Mr. [Robert] Gates, the secretary of defense. They reported directly to [Cheney]. ... Congress has no oversight of it. It’s an executive assassination ring essentially, and it’s been going on and on. They’ve been going into countries, not talking to the ambassador or the CIA station chief, and finding people on a list and executing them and leaving. That’s been going on, in the name of all of us." He added that both the press and the public let down their guard in the aftermath of 9/11. “The major newspapers joined the [Bush] team,” Hersh said. Top editors passed the message to investigative reporters not to “pick holes” in what Bush was doing.
Note: For further revelations of the excesses committed in the name of the "war on terror", click here.
Retirement slammed Carole Jacko. Raising two grandchildren, she's too young for Medicare and too strapped to pay $600 a month for health insurance. So when a trip to the emergency room ended with a diagnosis of diabetes, Jacko found a creative solution. She became a medical guinea pig, offering herself to science in exchange for free medication, free doctor's visits and even a modest payment. With the economy careening and millions uninsured, some doctors and researchers believe the lure of volunteering for medical research is growing – and so are potential ethical pitfalls. "Sometimes desperation leads people to be poor shoppers," to gloss over risks or grasp at imagined benefits, said Kevin Weinfurt, a Duke University professor who focuses on medical decision-making and ethics. No regulations limit how much a person can be paid to take part in medical research. Researchers do not agree on how much money it takes to cross the line and exert "undue influence" or coercion to get someone to enroll in a study. That's something federal regulations do forbid. "This is the most complicated issue in research ethics, and it's still an unsettled question," Weinfurt said. It has lingered for more than 100 years, since an Army surgeon named Walter Reed paid volunteers at a Cuban outpost $100 in gold to risk being infected with yellow fever. The men got another $100 if they contracted the disease, payable to themselves – or any designated survivor.
Note: For many reports on corruption in the pharmaceutical and medical industries from major media sources, click here.
There's a $700 trillion elephant in the room and it's time we found out how much it really weighs on the economy. Derivative contracts total about three-quarters of a quadrillion dollars in "notional" amounts, according to the Bank for International Settlements. These contracts are tallied in notional values because no one really can say how much they are worth. But valuing them correctly is exactly what we should be doing because these comprise the viral disease that has infected the financial markets and the economies of the world. Try as we might to salvage the residential real estate market, it's at best worth $23 trillion in the U.S. We're struggling to save the stock market, but that's valued at less than $15 trillion. And we hope to keep the entire U.S. economy from collapsing, yet gross domestic product stands at $14.2 trillion. Compare any of these to the derivatives market and you can easily see that we are just closing the windows as a tsunami crashes to shore. The total value of all the stock markets in the world amounts to less than $50 trillion, according to the World Federation of Exchanges. To be sure, the derivatives market is international. But much of the trouble we're in began with contracts "derived" from the values associated with U.S. residential real estate market. These contracts were engineered based on the various assumptions tied to those values. Few know what derivatives are worth. I spoke with one derivatives trader who manages billions of dollars and she said she couldn't even value her portfolio because "no one knows anymore who is on the other side of the trade."
Note: Banks and financial firms deemed "too big to fail" were bailed out worldwide at taxpayers' expense. But what will happen if losses in the derivatives market skyrocket? No government in the world has the resources to save financial corporations from a collapse in their derivatives trading. For a treasure trove of reports from reliable sources detailing the amazing control of major banks over government and society, click here.
Public pension funds across the U.S. are hiding the size of a crisis that’s been looming for years. Retirement plans play accounting games with numbers, giving the illusion that the funds are healthy. The paper alchemy gives governors and legislators the easy choice to contribute too little or nothing to the funds, year after year. The misleading numbers posted by retirement fund administrators help mask this reality: Public pensions in the U.S. had total liabilities of $2.9 trillion as of Dec. 16, according to the Center for Retirement Research at Boston College. Their total assets are about 30 percent less than that, at $2 trillion. With stock market losses this year, public pensions in the U.S. are now underfunded by more than $1 trillion. That lack of funds explains why dozens of retirement plans in the U.S. have issued more than $50 billion in pension obligation bonds during the past 25 years -- more than half of them since 1997 -- public records show. The quick fix for pension funds becomes a future albatross for taxpayers. The public gets nothing from pension bonds -- other than a chance to at least temporarily avoid paying for higher pension fund contributions. Pension bonds portend the possibility of steep tax increases. By law, states must guarantee public pension fund debts. “What appears to be a riskless strategy is actually very risky,” says David Zion, director of accounting research for New York-based Credit Suisse Holdings USA Inc. “If the returns on the pension bond-financed assets don’t exceed the cost of servicing the debt, the taxpayers bear the brunt.”
Note: The risks to pension funds may require yet another huge public bailout. Where will the money come from? For lots more on the realities of the Wall Street bailout, click here.
Supertankers that once raced around the world to satisfy an unquenchable thirst for oil are now parked offshore, fully loaded, anchors down, their crews killing time. In the United States, vast storage farms for oil are almost out of room. As demand for crude has plummeted, the world suddenly finds itself awash in oil that has nowhere to go. It’s been less than a year since oil prices hit record highs. But now producers and traders are struggling with the new reality: The world wants less oil, not more. And turning off the spigot is about as easy as turning around one of those tankers. So oil companies and investors are stashing crude, waiting for demand to rise and the bear market to end so they can turn a profit later. Meanwhile, oil-producing countries such as Iran have pumped millions of barrels of their own crude into idle tankers, effectively taking crude off the market to halt declining prices that are devastating their economies. Traders have always played a game of store and sell, bringing oil to market when it can fetch the best price. They say this time is different because of how fast the bottom fell out of the oil market. “Nobody expected this,” said Antoine Halff, an analyst with Newedge. “The majority of people out there thought the market would keep rising to $200, even $250, a barrel. They were tripping over each other to pick a higher forecast.” Now the strategy is storage. Anyone who can buy cheap oil and store it might be able to sell it at a premium later, when the global economy ramps up again.
The U.S. economy is in free fall, the banking system is in a state of complete collapse and Americans all across the country are downsizing their standards of living. The nation as we’ve known it is fading before our very eyes, but we’re still pouring billions of dollars into wars in Afghanistan and Iraq with missions we are still unable to define. Even as the U.S. begins plans to reduce troop commitments in Iraq, it is sending thousands of additional troops into Afghanistan. The strategic purpose of this escalation, as Defense Secretary Robert Gates acknowledged, is not at all clear. We invaded Afghanistan more than seven years ago. We don’t even have an escalation strategy, much less an exit strategy. An honest assessment of the situation ... would lead inexorably to such terms as fiasco and quagmire. Instead of cutting our losses, we appear to be doubling down. As for Iraq, President Obama announced last week that substantial troop withdrawals will take place over the next year and a half and that U.S. combat operations would cease by the end of August 2010. But, he said, a large contingent of American troops, perhaps as many as 50,000, would still remain in Iraq for a “period of transition.” That’s a large number of troops, and the cost of keeping them there will be huge. I can easily imagine a scenario in which Afghanistan and Iraq both heat up and the U.S., caught in an extended economic disaster at home, undermines its fragile recovery efforts in the same way that societies have undermined themselves since the dawn of time — with endless warfare.
Note: The strategic purpose of keeping the wars going is well known by the bankers and power elite. A top U.S. general revealed it all in a powerful book, of which we have a two-page summary available here. For revealing reports from reliable sources on the realities of the Iraq and Afghan wars, click here.
One in every 31 adults, or 7.3 million Americans, is in prison, on parole or probation, at a cost to the states of $47 billion in 2008, according to a new study. Criminal correction spending is outpacing budget growth in education, transportation and public assistance, based on state and federal data. Only Medicaid spending grew faster than state corrections spending, which quadrupled in the past two decades, according to [a new report] by the Pew Center on the States, the first breakdown of spending in confinement and supervision in the past seven years. The increases in the number of people in some form of correctional control occurred as crime rates declined by about 25 percent in the past two decades. As states face huge budget shortfalls, prisons, which hold 1.5 million adults, are driving the spending increases. Pew researchers say that as states trim services like education and health care, prison budgets are growing. Those priorities are misguided, the study says. “States are looking to make cuts that will have long-term harmful effects,” said Sue Urahn, managing director of the Pew Center on the States. “Corrections is one area they can cut and still have good or better outcomes than what they are doing now.” About $9 out of $10 spent on corrections goes to prison financing (that includes money spent to house 780,000 people in local jails). One in 11 African-Americans, or 9.2 percent, are under correctional control, compared with one in 27 Latinos (3.7 percent) and one in 45 whites (2.2 percent).
Note: Crime is down 25%, yet prison spending is 400% of what it was 20 years ago. Is there anything strange here? The prison-industrial complex is mighty big and in many ways mighty corrupt.
The Obama administration threw open the curtain on years of Bush-era secrets Monday, revealing anti-terror memos that claimed exceptional search-and-seizure powers and divulging that the CIA destroyed nearly 100 videotapes of interrogations and other treatment of terror suspects. The Justice Department released nine legal opinions showing that, following the Sept. 11, 2001, terrorist attacks, the Bush administration determined that certain constitutional rights would not apply during the coming fight. Within two weeks, government lawyers were already discussing ways to wiretap U.S. conversations without warrants. An October 2001 memo by the Justice Department's John Yoo authorized the use of the U.S. military within the United States in combating terrorists. Yoo defined the 9/11 attacks as "war" and therefore concluded the President could employ the military domestically in a "military action" rather than a police action. Under Posse Comitatus Act, the American armed forces are forbidden from operating domestically. A March 2003 memo gave the President broad powers to transfer captured al Qaeda and Taliban prisoners to third countries. It also stipulated that the torture provisions of the Geneva Convention did not apply, because these prisoners were "non state" enemy combatants and therefore not entitled to Geneva protections. The Obama administration also acknowledged in court documents Monday that the CIA destroyed 92 videos involving terror suspects, including interrogations - far more than had been known.
Note: For key reports from major media sources on the hidden realities of the war on terror, click here.
The company that released contaminated flu virus material from a plant in Austria confirmed Friday that the experimental product contained live H5N1 avian flu viruses. And an official of the World Health Organization's European operation said the body is closely monitoring the investigation into the events that took place at Baxter International's research facility in Orth-Donau, Austria. The contaminated product, a mix of H3N2 seasonal flu viruses and unlabelled H5N1 viruses, was supplied to an Austrian research company. The Austrian firm, Avir Green Hills Biotechnology, then sent portions of it to sub-contractors in the Czech Republic, Slovenia and Germany. The contamination incident, which is being investigated by the four European countries, came to light when the subcontractor in the Czech Republic inoculated ferrets with the product and they died. Ferrets shouldn't die from exposure to human H3N2 flu viruses. Public health authorities concerned about what has been described as a "serious error" on Baxter's part have assumed the death of the ferrets meant the H5N1 virus in the product was live. But the company, Baxter International Inc., has been parsimonious about the amount of information it has released about the event. On Friday, the company's director of global bioscience communications confirmed what scientists have suspected. "It was live," Christopher Bona said in an email. Accidental release of a mixture of live H5N1 and H3N2 viruses could have resulted in dire consequences.
Note: How on earth did the avian flu virus ever get into vaccines? Could it be that this was planned? For a powerful book by a Harvard-trained dentist suggesting there may be a hidden force behind the spread of deadly infectious diseases, click here. For more revealing reports on bird flu, click here.
It's a kitchen degreaser. It's a window cleaner. It kills athlete's foot. Oh, and you can drink it. The elixir is real. U.S. regulators have approved it. And it's starting to replace the toxic chemicals Americans use at home and on the job. The stuff is a simple mixture of table salt and tap water whose ions have been scrambled with an electric current. Researchers have dubbed it electrolyzed water. Some hotel workers are calling it "el liquido milagroso," the miracle liquid. That's as good a name as any for a substance that scientists said is powerful enough to kill anthrax spores without harming people or the environment. Used as a sanitizer for decades in Russia and Japan, it's slowly winning acceptance in the United States. For more than 200 years, scientists have tinkered with electrolysis, the use of an electric current to bring about a chemical reaction. That's how we got metal electroplating and large-scale production of chlorine, used to bleach and sanitize. It turns out that zapping saltwater with low-voltage electricity creates a couple of powerful, nontoxic cleaning agents. Sodium ions are converted into sodium hydroxide, an alkaline liquid that cleans and degreases like detergent, but without the scrubbing bubbles. Chloride ions become hypochlorous acid, a potent disinfectant known as acid water. "It's 10 times more effective than bleach in killing bacteria," said Yen-Con Hung, a professor of food science at the University of Georgia, Griffin, who has been researching electrolyzed water for more than a decade. "And it's safe."
Note: For more on this fascinating product, click here.
Six miles from Urfa, an ancient city in southeastern Turkey, Klaus Schmidt has made one of the most startling archaeological discoveries of our time: massive carved stones about 11,000 years old, crafted and arranged by prehistoric people who had not yet developed metal tools or even pottery. The megaliths predate Stonehenge by some 6,000 years. The place is called Gobekli Tepe, and Schmidt, a German archaeologist who has been working here more than a decade, is convinced it's the site of the world's oldest temple. In the [excavation] pits, standing stones, or pillars, are arranged in circles. Beyond, on the hillside, are four other rings of partially excavated pillars. Each ring has a roughly similar layout: in the center are two large stone T-shaped pillars encircled by slightly smaller stones facing inward. The tallest pillars tower 16 feet and, Schmidt says, weigh between seven and ten tons. Some are blank, while others are elaborately carved: foxes, lions, scorpions and vultures abound, twisting and crawling on the pillars' broad sides. Schmidt points to the great stone rings, one of them 65 feet across. "This is the first human-built holy place," he says. Prehistoric people would have gazed upon herds of gazelle and other wild animals; gently flowing rivers, which attracted migrating geese and ducks; fruit and nut trees; and rippling fields of wild barley and wild wheat varieties such as emmer and einkorn. "This area was like a paradise," says Schmidt, a member of the German Archaeological Institute. He believes this was a place of worship on an unprecedented scale—humanity's first "cathedral on a hill."
Note: For more on this fascinating find, see the Daily Mail article available here.
DNA molecules can display what almost seems like telepathy, research now reveals. Double helixes of DNA can recognize matching molecules from a distance and then gather together, all seemingly without help from any other molecules, scientists find. Previously, under the classic understanding of DNA, scientists had no reason to suspect that double helixes of the molecule could sort themselves by type, let alone seek each other out. Scientists investigated double-stranded DNA tagged with fluorescent compounds. These molecules were placed in salt water that contained no proteins or other material that could interfere with the experiment or help the DNA molecules communicate. Curiously, DNA with identical sequences of bases were roughly twice as likely to gather together as DNA molecules with different sequences. Although it looks as if spooky action or telepathic recognition is going on, DNA operates under the laws of physics, not the supernatural. The bases that make up a strand of DNA each cause the corkscrew to bend one way or the other. Double-stranded DNA with identical sequences each result in corkscrews "whose ridges and grooves match up," said researcher Sergey Leikin, a physical biochemist. Identical DNA double helixes have matching curves, meaning they repel each other the least, Leikin explained. The scientists conjecture such "telepathy" might help DNA molecules line up properly before they get shuffled around. This could help avoid errors in how DNA combines, errors that underpin cancer, aging and other health problems.
The sun has dazed and confused scientists by triggering the biggest "proton storm" to bombard the Earth for half a century, challenging many ideas about how to forecast space weather to protect astronauts and satellites. Ejections of material that are often linked to solar flares can also damage ground-based communications systems and power grids. Normally, it takes two or more hours for a dangerous shower of positively charged protons to reach maximum intensity at Earth after a solar flare and between one and four days for ejected solar material to arrive. But the particles from one vast flare earlier this year peaked about 15 minutes after the first signs. "The timing is incredibly fast," said Prof Peter Cargill of Imperial College London. The burst of radiation on Jan 20 accompanied a huge solar flare - the biggest explosions in the solar system. The solar flare tripped radiation monitors worldwide and scrambled detectors on spacecraft, marking "the largest solar radiation signal on the ground in nearly 50 years", said Dr Richard Mewaldt of the California Institute of Technology, Pasadena, a co-investigator on Nasa's Advanced Composition Explorer spacecraft. "But we were really surprised when we saw how fast the particles reached their peak intensity and arrived at Earth. That's important because it's too fast to respond with much warning to astronauts or spacecraft that might be outside Earth's protective magnetosphere."
Buried deep inside the ... economic stimulus bill ... is some bitter medicine for companies that have received financial bailout funds. Over staunch objections from the Obama administration, Senate Democrats inserted a provision that would impose restrictions on executive bonuses at financial institutions that are much tougher than those proposed 10 days ago by the Treasury Department. The provisions would prohibit cash bonuses and almost all other incentive compensation for the five most-senior officers and the 20 highest-paid executives at large companies that receive money under TARP. The restriction with the most bite would bar top executives from receiving bonuses that exceed one-third of their annual pay. The provision, written by Sen. Chris Dodd, D-Conn., highlighted the growing wrath ... over the lavish compensation that top Wall Street firms and big banks awarded to senior executives at the same time that many of the companies, teetering on the brink of insolvency, received taxpayer-paid bailouts. "The decisions of certain Wall Street executives to enrich themselves at the expense of taxpayers have seriously undermined public confidence," Dodd said Friday. "These tough new rules will help ensure that taxpayer dollars no longer effectively subsidize lavish Wall Street bonuses." Top economic advisers to President Obama adamantly opposed the pay restrictions, according to congressional officials.
Note: For powerfully revealing reports on the realities of the Wall Street bailout, click here.
What allowed some people to see the financial crash coming while so many others missed its gathering force? I put that question recently to Nouriel Roubini, who has come to be known as "Dr. Doom" because of his insistent warnings starting in 2006 that we were heading into a global firestorm. Roubini gave two kinds of answers. The first involves standard number-crunching of the sort that economists routinely do -- and that Roubini just did better and sooner. It's his second answer that's more interesting, because it goes to the heart of what we should take away from this crisis: Roubini decided to discard the assumption of market rationality that underlies most economics and to embrace the psychological insights of what's known as "behavioral economics." Everyone else had those same numbers. Why did Roubini act? The answer is that he decided to trust his gut, which told him there was trouble ahead, rather than Wall Street's "wisdom of the crowd," which -- as reflected in stock prices -- said everything was rosy. He concluded that the markets were not pricing in the degree of risk that was actually present in housing. "The rational man theory of economics has not worked," Roubini said last month at a session of the World Economic Forum at Davos. That's why he and other prominent economists are paying more attention to behavioral economics, which starts from the premise that economic decisions, like other aspects of human behavior, are influenced by irrational psychological factors.
Note: To visit Nouriel Roubini's highly informative blog, click here. For lots more on the financial crisis and bailout, click here.
For the first time since the end of the Cold War, the Army is updating its plans for electronic warfare, calling for more use of high-powered microwaves, lasers and infrared beams to attack enemy targets and control angry crowds. The 112-page manual, a copy of which was obtained by The Associated Press ... doesn't offer specifics on new equipment or gadgetry but lays out in broad terms the Army's fear that without new equipment and training, U.S. forces may be at a deadly disadvantage. Army patrols currently rely on specially trained Air Force and Navy members whose electronic expertise helps sniff out improvised explosive devices, which have killed more than 1,700 U.S. troops since the war began. The Army sees the need for a new system more finely tuned to its purposes. The new doctrine directs the Army, which has put a premium on fighting insurgents in Iraq's most populous cities, to use technology that can distinguish enemy threats from common technologies such as radios or cell phones used by civilians or friendly forces. It also calls on the Army to develop and deploy directed-energy weapons, which would produce a concentrated beam of electromagnetic energy or atomic or subatomic particles to blind, disrupt or destroy targets. Such technology could be used in a variety of attack modes against enemy equipment, facilities or personnel.
Note: How can anyone claim that our troops, with all of their already sophisticated weapons, may be "at a deadly disadvantage"? For many key reports on the realities of modern warfare, click here.
In August 2006, almost five years after the catastrophic attacks of Sept. 11, 2001, a poll by Scripps Howard and Ohio University found that 36 percent of respondents thought it "very likely" or "somewhat likely" that officials of the federal government "either participated in the attacks on the World Trade Center and the Pentagon or took no action to stop them." The poll also found that those who regularly use the Internet but do not habitually consult mainstream media "are significantly more likely to believe in 9/11 conspiracies." Kathryn S. Olmsted, in her exquisitely researched and annotated new book Real Enemies: Conspiracy Theories and American Democracy, World War I to 9/11, points out that although such views "may seem to belong to the fringe," they are held by millions of Americans and a majority of those between the ages of 18 and 29. In fact, Olmsted asserts that the tendency to see conspiracies everywhere "long ago spread from the margins into the main body of American political culture," and that the quelling of political dissent is an exacerbating factor. She has set out to track the history and patterning of conspiratorial beliefs as they relate to politics and public policy. Her thesis — that conspiracy theories thrive in part because the government has misled the public or acted illegally and covertly, and been caught at it frequently enough to make them credible — is a disconcerting one. But the historical detail she marshals (which demonstrates a tendency for fusion of far-left and far-right political views) is persuasive in its cumulative power.
Note: For more on the important Scripps/Howard poll showing that high percentages of American citizens suspect US government complicity in the 9/11 attacks, click here. For a 15-minute clip of a powerfully revealing documentary on this, 9/11: Press for Truth, click here.
For years, the juvenile court system in Wilkes-Barre [PA] operated like a conveyor belt: Youngsters were brought before judges without a lawyer, given hearings that lasted only a minute or two, and then sent off to juvenile prison for months for minor offenses. The explanation, prosecutors say, was corruption on the bench. In one of the most shocking cases of courtroom graft on record, two Pennsylvania judges have been charged with taking millions of dollars in kickbacks to send teenagers to two privately run youth detention centers. “I’ve never encountered, and I don’t think that we will in our lifetimes, a case where literally thousands of kids’ lives were just tossed aside in order for a couple of judges to make some money,” said Marsha Levick, an attorney with the Philadelphia-based Juvenile Law Center, which is representing hundreds of youths sentenced in Wilkes-Barre. Prosecutors say Luzerne County Judges Mark Ciavarella and Michael Conahan took $2.6 million in payoffs to put juvenile offenders in lockups run by PA Child Care LLC and a sister company, Western PA Child Care LLC. The judges were charged on Jan. 26 and removed from the bench by the Pennsylvania Supreme Court shortly afterward. The high court ... is looking into whether hundreds or even thousands of sentences should be overturned. Among the offenders were teenagers who were locked up for months for stealing loose change from cars, writing a prank note and possessing drug paraphernalia. Many had never been in trouble before. Some were imprisoned even after probation officers recommended against it.
Note: For many insights into government corruption from reliable sources, click here.
The co-authors of the most extraordinary UFO report ever ignored by the media aren’t expecting much [coverage]. Robert Powell and Glenn Schulze, who produced “Stephenville Lights: A Comprehensive Radar and Witness Study Regarding the Events of January 8, 2008” last summer for the Mutual UFO Network, continue to troll the bureaucracies for more data. Their analysis of radar returns from five civilian sites in the Stephenville, Tex., vicinity put the military into a jam after eyewitnesses reported a mammoth UFO being chased by F-16s. Responding to FOIA requests, authorities have a) surrendered only redacted flight logs of the 457th Fighter Squadron jets in the air that night, b) claim they have no military radar records of that incident, and c) offer no explanation for why their planes exited their military operating area on what they’ve described as routine training missions. Powell doubts a serious search was made for his request. “For the trickle-down flow of information to work,” he says, “you have to have a push on top of that executive order. If there’s no pressure on them to do their jobs, they don’t have to pay attention.” In Littleton, Colo., Schulze has moved on. Sort of. He’s working on radar records for three additional UFO incidents, one of them involving yet another sighting over Stephenville on 10/23/08. Multiple witnesses, nighttime sighting, F-16s nearby, etc. Schulze calls it Stephenville II.
Note: For more on the intriguing Stephenville sightings, click here. For many reports from reliable, verifiable sources on UFO sightings, 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.