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Revealing News For a Better World

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Excerpts of Key News Stories in Major Media


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

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


Monkeys experience joy of giving, too, study finds
2008-08-25, Reuters
Posted: 2008-09-19 11:35:44
http://www.reuters.com/article/scienceNews/idUSN2525835320080825

Monkeys can experience the joy of giving in much the same way as humans do. Tests in capuchin monkeys showed the animals consistently chose to share food with another monkey if given the option, suggesting they are capable of empathy, the team at the Yerkes Research Center at Emory University in Atlanta found. "They seem to care for the welfare of those they know," Frans de Waal, director of the Living Links Center at Yerkes, said. His team tested eight female brown capuchin monkeys in pairs. They could choose a token that gave only themselves a treat or an option that rewarded both of them, called a prosocial option. Either way, the first monkey got the same amount of food. "Subjects systematically favored the prosocial option provided their partner was a) familiar, b) visible, and c) receiving rewards of equal value," De Waal's team wrote. "The fact the capuchins predominantly selected the prosocial option must mean seeing another monkey receive food is satisfying or rewarding for them," said de Waal. "We believe prosocial behavior is empathy based. Empathy increases in both humans and animals with social closeness, and in our study, closer partners made more prosocial choices. Capuchin monkeys spontaneously share food in both nature and captivity, and commonly sit next to each other while eating," the researchers wrote.


The science of happiness
2008-09-08, Los Angeles Times
Posted: 2008-09-19 11:34:21
http://www.latimes.com/features/health/la-he-happy8-2008sep08,0,3855201.story

If recent scientific research on happiness -- and there has been quite a bit -- has proved anything, it's that happiness is not a goal. It's a process. Although our tendency to be happy or not is partly inborn, it's also partly within our control. And, perhaps more surprising, happiness brings success, not the other way around. Though many people think happiness is elusive, scientists have actually pinned it down and know how to get it. Sonja Lyubomirsky, a professor of psychology at UC Riverside and author of The How of Happiness: A Scientific Approach to Getting the Life You Want… led controlled studies to determine what behaviors positively affect happiness, and has come up with at least 12 strategies that measurably increase levels. For instance, one strategy she's tested is the practice of gratitude. In her gratitude study, she had a group of 57 subjects express gratitude once a week in a journal. A second group of 58 expressed gratitude in a journal three times a week. And a control group of 32 did nothing. At the end of six weeks, she retested all three groups and found a significant increase in happiness in the first one. She and other researchers also recommend practicing forgiveness, savoring positive moments and becoming more involved in your church, synagogue or religious organization. "Not every strategy fits everyone," she says. "People need to try a few to find which ones work." Although Lyubomirsky likes to let people define happiness for themselves, clinically, she describes it as "a combination of frequent positive emotions, plus the sense that your life is good."


Credit crunch may take out large US bank warns former IMF chief
2008-08-19, Times of London
Posted: 2008-08-23 08:16:03
http://business.timesonline.co.uk/tol/business/industry_sectors/banking_and_f...

The deepening toll from the global financial crisis could trigger the failure of a large US bank within months, a respected former chief economist of the International Monetary Fund claimed today, fuelling another battering for banking shares. Professor Kenneth Rogoff, a leading academic economist, said there was yet worse news to come from the worldwide credit crunch and financial turmoil, particularly in the United States, and that a high-profile casualty among American banks was highly likely. “The US is not out of the woods. I think the financial crisis is at the halfway point, perhaps. I would even go further to say the worst is to come,” Prof Rogoff said at a conference in Singapore. In an ominous warning, he added: “We’re not just going to see mid-sized banks go under in the next few months, we’re going to see a whopper, we’re going to see a big one — one of the big investment banks or big banks". Professor Rogoff, who was chief economist at the IMF from 2001 to 2004, predicted that the crisis would foster a new wave of consolidation in the US financial sector before it was over, with mergers between large institutions. He also suggested that Fannie Mae and Freddie Mac, the struggling US secondary mortgage lending giants, were likely to cease to exist in their present form within a few years. His prediction over the fate of Fannie and Freddie came after investors dumped the two groups’ shares on Monday after reports suggested that the US Treasury may have no choice but to effectively nationalise them.

Note: For revealing reports on banking and financial corruption from reliable sources, click here.


New Unit of DIA Will Take the Offensive On Counterintelligence
2008-08-12, Washington Post
Posted: 2008-08-23 08:14:22
http://www.washingtonpost.com/wp-dyn/content/article/2008/08/17/AR20080817022...

The Defense Intelligence Agency's newly created Defense Counterintelligence and Human Intelligence Center is going to have an office authorized for the first time to carry out "strategic offensive counterintelligence operations," according to Mike Pick, who will direct the program. Such covert offensive operations are carried out at home and abroad against people known or suspected to be foreign intelligence officers or connected to foreign intelligence or international terrorist activities. The investigative branches of the three services -- the Army's Counterintelligence Corps, the Air Force Office of Special Investigations and the Naval Criminal Investigative Service -- have done secret offensive counterintelligence operations for years, and now DIA has been given the authority. Two years ago, the DIA asked then-Undersecretary of Defense Stephen A. Cambone for authority to run offensive operations along with a newer Pentagon intelligence agency, the Counterintelligence Field Activity (CIFA). Cambone agreed to a two-year trial. Defense Secretary Robert M. Gates recently approved the merger of CIFA into the new DIA center. Senior Defense Department officials and the combat commanders overseas will now decide what to do with the DIA's new offensive operational authority.

Note: For penetrating reports on the realities of the "war on terror" from major media sources, click here.


U.S. May Ease Police Spy Rules
2008-08-16, Washington Post
Posted: 2008-08-23 08:12:19
http://www.washingtonpost.com/wp-dyn/content/article/2008/08/15/AR20080815034...

The Justice Department has proposed a new domestic spying measure that would make it easier for state and local police to collect intelligence about Americans, share the sensitive data with federal agencies and retain it for at least 10 years. Law enforcement agencies would be allowed to target groups as well as individuals, and to launch a criminal intelligence investigation based on the suspicion that a target is engaged in terrorism or providing material support to terrorists. They also could share results with a constellation of federal law enforcement and intelligence agencies, and others in many cases. Michael German, policy counsel for the American Civil Liberties Union, said the proposed rule may [permit] police to collect intelligence even when no underlying crime is suspected. German, an FBI agent for 16 years, said easing established limits on intelligence-gathering would lead to abuses against peaceful political dissenters. He pointed to reports in the past six years that undercover New York police officers infiltrated protest groups before the 2004 Republican National Convention; that California state agents eavesdropped on peace, animal rights and labor activists; and that Denver police spied on Amnesty International and others before being discovered. "If police officers no longer see themselves as engaged in protecting their communities from criminals and instead as domestic intelligence agents working on behalf of the CIA, they will be encouraged to collect more information," German said. "It turns police officers into spies on behalf of the federal government."

Note: For many disturbing reports on increasing threats to civil liberties from reliable sources, click here.


U.S. town turned into an open-air prison
2008-08-15, National Post (Canada)
Posted: 2008-08-23 08:10:55
http://www.nationalpost.com/news/world/story.html?id=726632

The town of Postville, Iowa, population 2,000, has been turned into an open-air prison. On May 12, immigration officials swooped in to arrest 400 undocumented workers from Mexico and Guatemala at the local meat-packing plant, a raid described as the biggest such action at a single site in U.S. history. The raid left 43 women, wives of the men who were taken away, and their 150 children without status or a means of support. The women cannot leave the town, and to make sure they do not they have been outfitted with leg monitoring bracelets. "The women are effectively prisoners," said Father Paul Ouderkirk at St. Bridget's Roman Catholic Church. "What kind of a government makes prisoners of 43 mothers who all have children and then says, ‘You can't work, you can't leave and can't stay?' That boggles the imagination." Since the raid, St. Bridget's, with a staff of four, has raised $500,000 to pay for rent, clothing, food and other necessities of life. The men were taken to the National Cattle Congress building in Waterloo, Iowa, where immigration judges were on hand. They were charged and then sent to nine different prisons around the state. Fr. Ouderkirk said some of the men were deported and others are serving five-month prison terms for violating immigration laws - but he said no one ever explained why some were held and others sent home. The men were all working at Agriprocessors, believed to be the largest kosher meat-packing plant in the world. Fr. Ouderkirk and others have said the plant was a disgrace that abused workers who had little understanding of their rights.

Note: For many disturbing reports on increasing threats to civil liberties from reliable sources, click here.


Civil liberties: Outrage at New York police plan to track vehicles
2008-08-14, The Guardian (One of the U.K.'s leading newspapers)
Posted: 2008-08-23 08:07:04
http://www.guardian.co.uk/world/2008/aug/14/usa.humanrights

The Big Apple is turning into Big Brother, civil liberties groups have warned in response to a new plan from New York city's police chiefs to photograph every vehicle entering Manhattan and hold the details on a massive database. As well as placing cameras at all tunnels and bridges into Manhattan, the 36-page plan, called Operation Sentinel, calls for a security ring to be erected at Ground Zero and for a 50-mile buffer zone around the city within which mobile units would search for nuclear or "dirty" bombs. [The] 3,000 cameras that could be mounted as a result of the plans of the New York police ... have provoked outrage in the United States. Donna Lieberman, director of the New York Civil Liberties Union, said the idea of tracking the movements of millions of people was "an assault on the country's historical respect for the right to privacy and the freedom to be left alone". The NYCLU is pressing the New York police to release further details of its intentions under freedom of information laws. The toughest element of the scheme relates to preparations to secure Ground Zero once the six-hectare site is rebuilt and open to the public again. Those measures include moveable roadblocks, security cameras across lower Manhattan and an underground bomb-screening centre through which all delivery vehicles would have to pass. The plan to video the number plates of every vehicle would be applied to all points of entry into Manhattan, including the main Brooklyn-Battery, Holland, Lincoln and Midtown tunnels and Brooklyn, Manhattan and other bridges.

Note: For lots more on threats to privacy from major media sources, click here.


Spy tales: a TV chef, Oscar winner, JFK adviser
2008-08-14, Washington Post
Posted: 2008-08-23 08:04:54
http://www.washingtonpost.com/wp-dyn/content/article/2008/08/14/AR20080814002...

Where do you look when you want to recruit spies? Just about everywhere, judging from the formerly top-secret records of the World War II agency that became today's CIA. There was the young woman who became TV chef Julia Child. And labor lawyer Arthur Goldberg who became a Supreme Court justice. And young scholar Arthur Schlesinger who became a presidential adviser. Names and details on nearly 24,000 one-time intelligence workers are included among 750,000 formerly top-secret government records released Thursday by the National Archives. The documents describe a worldwide spy network during World War II managed by the Office of Strategic Services, the intelligence outfit that later became the CIA. The personnel files, long withheld from the public, provide insights into young agents now known for other careers. Julia McWilliams, later the ebullient chef, ... was hired in the summer of 1942 for clerical work with the intelligence agency and later worked directly for OSS Director William Donovan, the personnel records show. Some of the others: Acclaimed movie director John Ford, whose skill as a videographer qualified him to manage wartime spy photography. Chicago lawyer Goldberg, whose early legal work with labor unions made him an attractive spy candidate to rally European labor unions to help with the war effort, years before President Kennedy appointed him to the Supreme Court. And Schlesinger, who spent much of his time with OSS working in London as an intelligence officer and writer on the political staff, producing reports on political activities.

Note: To examine the newly-released OSS personnel files at the National Archives, start here. For many revealing articles on government secrecy from verifiable sources, click here.


FBI plans to loosen post-Watergate FBI rules
2008-08-13, Minneapolis Star-Tribune/McClatchy News Service
Posted: 2008-08-23 08:03:00
http://www.startribune.com/nation/26935044.html?elr=KArksi8cyaiUBP7hUiD3aPc:_...

Attorney General Michael Mukasey confirmed plans ... to loosen post-Watergate restrictions on the FBI's national security and criminal investigations. Mukasey said he expected criticism of the new rules because "they expressly authorize the FBI to engage in intelligence collection inside the United States." The Justice Department ... is expected to publicly release the final version within several more weeks. Even then, portions are expected to remain classified for national security reasons. Nonetheless, Mukasey provided enough detail Wednesday to alarm civil libertarians. Michael German, a former veteran FBI agent who is now policy counsel for the American Civil Liberties Union, said if Mukasey moves ahead with the new rules as he describes them, he'll be weakening restrictions originally put in place after the Watergate scandal to rein in the FBI's domestic Counter Intelligence Program, or COINTELPRO. "I'm concerned with the way the attorney general frames the problem," German said. "He talks about 'arbitrary or irrelevant differences' between criminal and national security investigations but these were corrections originally designed to prevent the type of overreach the FBI engaged in for years." German said recent events demonstrated that Mukasey needed to strengthen the FBI's guidelines, not "water them down. ... What the attorney general is doing is expanding the bureau's intelligence collection without addressing the mismanagement within the FBI. If you have an agency collecting more with less oversight, it's only going to get worse."

Note: For many disturbing reports on increasing threats to civil liberties from reliable sources, click here.


'Gitmo On The Platte' Set As Holding Cell For DNC
2008-08-13, CBS4 TV (Denver CBS affiliate)
Posted: 2008-08-23 08:01:02
http://cbs4denver.com/denver2008/denver.protesters.arrested.2.793930.html

CBS4 News has learned if mass arrests happen at the Democratic Convention, those taken into custody will be jailed in a warehouse owned by the City of Denver. Protesters have already given this place a name: "Gitmo on the Platte." Inside are dozens are metal cages. They are made out of chain link fence material and topped by rolls of barbed wire. In past conventions, mass arrests have taken place. Each of the fenced areas is about 5 yards by 5 yards and there is a lock on the door. A sign on the wall reads "Warning! Electric stun devices used in this facility." CBS4 showed its video to leaders of groups that plan to demonstrate during the convention. "Very bare bones and very reminiscent of a political prisoner camp or a concentration camp," said Zoe Williams of Code Pink. "That's how you treat cattle," said Adam Jung of the group Tent State University. "You showed the sign where it said stun gun in use and you just change the word gun for bolt and it's a meat processing plant." The American Civil Liberties Union is asking the City of Denver how prisoners will get access to food and water, bathrooms, telephones, plus medical care, and if there will be a place to meet with attorneys.

Note: For many reliable and verifiable reports on threats to a free and fair electoral process in the U.S., click here.


Police Turn to Secret Weapon: GPS Device
2008-08-13, Washington Post
Posted: 2008-08-23 07:58:53
http://www.washingtonpost.com/wp-dyn/content/article/2008/08/12/AR20080812032...

Across the country, police are using GPS devices to snare [criminal suspects], often without a warrant or court order. Privacy advocates said tracking suspects electronically constitutes illegal search and seizure, violating Fourth Amendment rights of protection against unreasonable searches and seizures, and is another step toward George Orwell's Big Brother society. With the ... ever-declining cost of the technology, many analysts believe that police will increasingly rely on GPS ... and that the public will hear little about it. "I've seen them in cases from New York City to small towns -- whoever can afford to get the equipment and plant it on a car," said John Wesley Hall, president of the National Association of Criminal Defense Lawyers. "And of course, it's easy to do. You can sneak up on a car and plant it at any time." Details on how police use GPS usually become public when the use of the device is challenged in court. Leibig said GPS should be held to a different standard because it provides greater detail. "While it may be true that police can conduct surveillance of people on a public street without violating their rights, tracking a person everywhere they go and keeping a computer record of it for days and days without that person knowing is a completely different type of intrusion," he said. Barry Steinhardt, director of the American Civil Liberties Union's technology and liberty program, considers GPS monitoring, along with license plate readers, toll transponders and video cameras with face-recognition technology, part of the same trend toward "an always-on, surveillance society."

Note: For lots more on threats to privacy from major media sources, click here.


US boasts of laser weapon's 'plausible deniability'
2008-08-12, New Scientist magazine
Posted: 2008-08-23 07:57:07
http://technology.newscientist.com/article/dn14520-us-boasts-of-laser-weapons...

An airborne laser weapon dubbed the "long-range blowtorch" has the added benefit that the US could convincingly deny any involvement with the destruction it causes, say senior officials of the US Air Force (USAF). The Advanced Tactical Laser (ATL) is to be mounted on a Hercules military transport plane. Boeing announced the first test firing of the laser, from a plane on the ground, earlier this summer. Cynthia Kaiser, chief engineer of the US Air Force Research Laboratory's Directed Energy Directorate, used the phrase "plausible deniability" to describe the weapon's benefits in a briefing ... on laser weapons to the New Mexico Optics Industry Association in June. As the term suggests, "plausible deniability" is used to describe situations where those responsible for an event could plausibly claim to have had no involvement in it. John Pike, analyst with defence think-tank Global Security, based in Virginia, says the implications are clear. "The target would never know what hit them," says Pike. "Further, there would be no munition fragments that could be used to identify the source of the strike." A laser beam is silent and invisible. An ATL can deliver the heat of a blowtorch with a range of 20 kilometres, depending on conditions. That range is great enough that the aircraft carrying it might not be seen, especially at night. With no previous examples for comparison, it may be difficult to discern whether damage to a vehicle or person was the result of a laser strike.

Note: For lots more on war and weaponry, click here.


Prince Charles warns GM crops risk causing the biggest-ever environmental disaster
2008-08-12, The Telegraph (One of the U.K.'s leading newspapers)
Posted: 2008-08-23 07:55:32
http://www.telegraph.co.uk/earth/main.jhtml?xml=/earth/2008/08/12/eacharles11...

The mass development of genetically modified crops risks causing the world's worst environmental disaster, the Prince of Wales has warned. In his most outspoken intervention on the issue of GM food, the Prince said that multi-national companies were conducting a "gigantic experiment ... with nature and the whole of humanity which has gone seriously wrong". The Prince ... also expressed the fear that food would run out because of the damage being wreaked on the earth's soil by scientists' research. Relying on "gigantic corporations" for food, he said, would result in "absolute disaster. That would be the absolute destruction of everything... and the classic way of ensuring there is no food in the future," he said. "What we should be talking about is food security not food production. And if they think its somehow going to work because they are going to have one form of clever genetic engineering after another then again count me out, because that will be guaranteed to cause the biggest disaster environmentally of all time." Small farmers, in particular, would be the victims of [large corporations] taking over the mass production of food. "I think it's heading for real disaster," he said. "We [will] end up with millions of small farmers all over the world being driven off their land into unsustainable, unmanageable, degraded and dysfunctional conurbations of unmentionable awfulness." The Prince of Wales's forthright comments will reopen the whole debate about GM food.

Note: To watch a video of the Prince's exclusive interview with The Telegraph, click on the link above. For an excellent overview of the many risks associated with genetically modified foods, click here.


Clinical trials test potential of hallucinogenic drugs to help patients with terminal illnesses
2008-08-12, The Guardian (One of the U.K.'s leading newspapers)
Posted: 2008-08-23 07:54:07
http://www.guardian.co.uk/science/2008/aug/12/medicalresearch.drugs

Scientists are exploring the use of psychedelic drugs such as LSD to treat a range of ailments from depression to cluster headaches and obsessive compulsive disorder. The first clinical trial using LSD since the 1970s began in Switzerland in June. It aims to use "psychedelic psychotherapy" to help patients with terminal illnesses come to terms with their imminent mortality and so improve their quality of life. Another psychedelic substance, psilocybin, has shown promising results in trials for treating symptoms of terminal cancer patients. In the Swiss trial eight subjects will receive a dose of 200 microgrammes of LSD. This is enough to induce a powerful psychedelic experience. A further four subjects will receive a dose of 20 microgrammes. Every participant will know they have received some LSD, but neither the subjects nor the researchers observing them will know for certain who received the full dose. During the course of therapy researchers will assess the patients' anxiety levels, quality of life and pain levels. Before hallucinogenic drugs became popular with the counter culture, they were at the forefront of brain science. They were used to help scientists understand the nature of consciousness and how the brain works and as treatments for a range of conditions. Dr Rick Doblin is president of the Multidisciplinary Association for Psychedelic Studies (MAPS) in California, a nonprofit organisation which funds clinical studies into psychedelic drugs, including the Swiss LSD trial. "These drugs, these experiences are not for the mystic who wants to sit on the mountain top and meditate. They are not for the counter-culture rebel. They are for everybody," he said.


Most companies in US avoid federal income taxes
2008-08-12, Business Week/Associated Press
Posted: 2008-08-17 08:53:33
http://www.businessweek.com/ap/financialnews/D92GQ1982.htm

Unlike the rest of us, most U.S. corporations and foreign companies doing business in the United States pay no federal income tax, according to a new report from Congress. The study by the Government Accountability Office ... said two-thirds of U.S. corporations paid no federal income taxes between 1998 and 2005, and about 68 percent of foreign companies doing business in the U.S. avoided corporate taxes over the same period. Collectively, the companies reported trillions of dollars in sales, according to GAO's estimate. "It's shameful that so many corporations make big profits and pay nothing to support our country," said Sen. Byron Dorgan, D-N.D., who asked for the GAO study. The GAO study did not investigate why corporations weren't paying federal income taxes or corporate taxes and it did not identify any corporations by name. More than 38,000 foreign corporations had no tax liability in 2005 and 1.2 million U.S. companies paid no income tax, the GAO said. Combined, the companies had $2.5 trillion in sales. About 25 percent of the U.S. corporations not paying corporate taxes were considered large corporations, meaning they had at least $250 million in assets or $50 million in receipts. The GAO said it analyzed data from the Internal Revenue Service, examining samples of corporate returns for the years 1998 through 2005. For 2005, for example, it reviewed 110,003 tax returns from among more than 1.2 million corporations doing business in the U.S. "It's time for the big corporations to pay their fair share," Dorgan said.

Note: For many revealing reports on corporate corruption from reliable, verifiable sources, click here.


Bush wants some endangered species rules extinct
2008-08-12, San Francisco Chronicle/Associated Press
Posted: 2008-08-17 08:50:56
http://www.sfgate.com/cgi-bin/article.cgi?f=/n/a/2008/08/11/national/w141651D...

[The Bush] administration is ... proposing changes that would allow federal agencies to decide for themselves whether subdivisions, dams, highways and other projects have the potential to harm endangered animals and plants. Agencies also could not consider a project's contribution to global warming in their analysis. Environmentalists complained the proposals would gut protections for endangered animals and plants. Interior Secretary Dirk Kempthorne [said] the revisions ... were needed to ensure that the Endangered Species Act would not be used as a "back door" to regulate the gases blamed for global warming. In May, the polar bear became the first species declared as threatened because of climate change. Warming temperatures are expected to melt the sea ice the bear depends on for survival. The rule changes ... would apply to any project a federal agency would fund, build or authorize that the agency itself determines is unlikely to harm endangered wildlife and their habitat. Government wildlife experts currently participate in tens of thousands of such reviews each year. The revisions also would limit which effects can be considered harmful and set a 60-day deadline for wildlife experts to evaluate a project. If no decision is made within 60 days, the project can move ahead. "If adopted, these changes would seriously weaken the safety net of habitat protections that we have relied upon to protect and recover endangered fish, wildlife and plants for the past 35 years," said John Kostyack, executive director of the National Wildlife Federation's Wildlife Conservation and Global Warming initiative.

Note: For many important reports on global warming from major media sources, click here.


Sovereign Funds Become Big Speculators
2008-08-12, Washington Post
Posted: 2008-08-17 08:49:15
http://www.washingtonpost.com/wp-dyn/content/article/2008/08/11/AR20080811024...

Sovereign wealth funds, the massive investment pools run by foreign governments, are now among the biggest speculators in the trading of oil and other vital goods like corn and cotton in the United States, according to interviews with brokers who handle their investments at leading Wall Street banks, veteran traders and congressional investigators. Some lawmakers say the unregulated activity of sovereign wealth funds and other speculators such as hedge funds has contributed to the dramatic swing in oil prices in recent months. The agency regulating the market said it had not picked up on this activity by sovereign wealth funds. In a June letter, the Commodity Futures Trading Commission told lawmakers that its monitoring showed that these funds were not a significant factor in commodity trading. But the CFTC is not detecting the growing influence of foreign funds because they invest through Wall Street brokers known as "swap dealers" who often operate on unregulated markets. For this reason, the extent of their activities may be known only to the swap dealers at investment banks such as Goldman Sachs, Lehman Brothers and Morgan Stanley, which handle such transactions. The foreign funds involved in commodity trading are ... mainly from countries ... in Asia that do not already make money from producing oil. While it is difficult to quantify how large foreign funds have become, they now represent 12 percent or more of the overall commodity business for some of the largest investment banks, said an industry veteran who spoke on condition of anonymity.

Note: For many revealing reports on corporate corruption from reliable, verifiable sources, click here.


Some Web Firms Say They Track Behavior Without Explicit Consent
2008-08-12, Washington Post
Posted: 2008-08-17 08:47:20
http://www.washingtonpost.com/wp-dyn/content/article/2008/08/11/AR20080811022...

Several Internet and broadband companies have acknowledged using targeted-advertising technology without explicitly informing customers, according to letters released yesterday by the House Energy and Commerce Committee. The revelations came in response to a bipartisan inquiry of how more than 30 Internet companies might have gathered data to target customers. Some privacy advocates and lawmakers said the disclosures help build a case for an overarching online-privacy law. "Increasingly, there are no limits technologically as to what a company can do in terms of collecting information . . . and then selling it as a commodity to other providers," said committee member Edward J. Markey (D-Mass.). "Our responsibility is to make sure that we create a law that, regardless of the technology, includes a set of legal guarantees that consumers have with respect to their information." Markey said he and his colleagues plan to introduce legislation next year, a sort of online-privacy Bill of Rights, that would require that consumers must opt in to the tracking of their online behavior and the collection and sharing of their personal data. Ari Schwartz, vice president of the Center for Democracy and Technology, said lawmakers are beginning to understand the convergence across platforms. "People are starting to see: 'Oh, we have these different industries that are collecting the same types of information to profile individuals and the devices they use on the network," he said. "Internet. Cellphones. Cable. Any way you tap into the network, concerns are raised."

Note: For lots more on increasing threats to privacy from reliable sources, click here.


Use of Iraq Contractors Costs Billions, Report Says
2008-08-11, New York Times
Posted: 2008-08-17 08:45:54
http://www.nytimes.com/2008/08/12/washington/12contractors.html?partner=rssus...

The United States this year will have spent [at least] $100 billion on contractors in Iraq since the invasion in 2003, a milestone that reflects the Bush administration’s unprecedented level of dependence on private firms for help in the war, according to a government report to be released [on August 12]. The report, by the Congressional Budget Office ... will say that one out of every five dollars spent on the war in Iraq has gone to contractors for the United States military and other government agencies. The Pentagon’s reliance on outside contractors in Iraq is proportionately far larger than in any previous conflict, and it has fueled charges that this outsourcing has led to overbilling, fraud and shoddy and unsafe work that has endangered and even killed American troops. The role of armed security contractors has also raised new legal and political questions about whether the United States has become too dependent on private armed forces on the 21st-century battlefield. The budget office’s report found that from 2003 to 2007, the government awarded contracts in Iraq worth about $85 billion, and that the administration was now awarding contracts at a rate of $15 billion to $20 billion a year. At that pace, contracting costs will surge past the $100 billion mark before the end of the year. Through 2007, spending on outside contractors accounted for 20 percent of the total costs of the war, the budget office found. The dependence on private companies to support the war effort has led to questions about whether political favoritism has played a role in the awarding of multibillion-dollar contracts.

Note: For many disturbing reports on the realities of the Afghan and Iraq wars from major media sources, click here.


Gardasil vaccine doubts grow
2008-08-11, Los Angeles Times
Posted: 2008-08-17 08:44:25
http://www.latimes.com/features/health/la-he-gardasil11-2008aug11,0,2921629.s...

Sandra Levy wants to do everything she can to safeguard the health of her 11-year-old daughter -- and that, of course, includes cancer prevention. She has had her child inoculated with one shot of Gardasil, the human papilloma virus vaccine that may prevent cervical cancer. But now, she says, she has serious reservations about going ahead with the next two injections of the course. Though most medical organizations strongly advocate using the HPV vaccine, some doctors and parents, like Levy, are asking whether the vaccine's benefits really outweigh its costs. A report released in June stirred up more doubts. Although cause and effect were not proved, the report listed serious events -- such as seizures, spontaneous abortions and even deaths -- among teens, preteens and young women who had earlier had Gardasil shots. [The] analysis, released June 30 by the Washington, D.C.-based public interest group Judicial Watch, [has] raised [these] red flags. Judicial Watch obtained records from the FDA's Vaccine Adverse Event Reporting System (VAERS), a voluntary system used by doctors, patients and drug companies to report side effects with vaccines to the federal agency. The report revealed that since the vaccine's 2006 approval, when girls began getting it, nearly 9,000 had bad health events after receiving Gardasil. The incidents included 10 miscarriages, 78 severe outbreaks of genital warts and six cases of Guillain-Barré syndrome, an autoimmune disorder that can result in paralysis. There were also 18 reported deaths.

Note: For many key reports on the problems with vaccines from reliable sources, click here.


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