News Stories

Excerpts of Key News Stories in Major Media

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

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

Much of Europe is still on coronavirus lockdown, with severe restrictions on movement and penalties for those who transgress. But not Sweden. Restaurants and bars are open in the Nordic country, playgrounds and schools too, and the government is relying on voluntary action to stem the spread of Covid-19. The Swedish government is confident its policy can work. Sweden's actions are about encouraging and recommending, not compulsion. Elisabeth Liden, a journalist in Stockholm, [noted that] "the subway went from being completely packed to having only a few passengers per car. I get the sense that a vast majority are taking the recommendations of social distancing seriously." On March 24, new rules were introduced to avoid crowding at restaurants. But they very much stayed open. So did many primary and secondary schools. Gatherings of up to 50 people are still permitted. The country's state epidemiologist, Anders Tegnell ... defended the decision to keep schools open [saying] "a lot of children are suffering when they can't go to school." Much of Sweden's focus has been to protect the elderly. Anyone aged 70 or older has been told to stay at home and limit their social contact as much as possible. Another factor in Sweden's favor is a generous social welfare net that means people don't feel obligated to turn up for work if their young child is sick. State support kicks in on day one of absence from work due to a child being sick. The next month will determine whether the Swedish system got it right.

Note: On 3/28, Sweden had twice as many deaths (203) as California (104). Yet 15 days later (4/12), California had risen 608% to 633, while Sweden had risen only 443% to 899. This is quite interesting considering that California has been in lockdown since 3/19, yet Sweden is not.  You can verify these figures by going to this link  of archived statistics from Johns Hopkins on the virus and clicking on the dates in question. For more along these lines, see concise summaries of deeply revealing news articles on the coronavirus from reliable major media sources.

Our Attorney General submitted a proposal last week that would dramatically erode our civil liberties. Among other things, the proposal suspends habeas corpus ... or the right to appear before a judge before being detained. That right is enshrined in our Constitution and without it, Barr could hold Americans indefinitely without a trial. Our justice system is grounded in an unwavering guarantee that each one of us is entitled to certain inalienable rights, including the right to due process before one's freedom is taken away. On March 13, the President declared a national emergency, which unlocked special powers to keep our country safe. Congress has enacted roughly 120 laws that allow presidents such powers to meet precisely these types of threats while maintaining our democracy. These laws are not without limits. Nor were they meant to be used to capitalize on fear to unnecessarily erode our freedoms. Yet while the world is consumed by this pandemic and when he thought no one was watching, Attorney General William Barr proposed granting himself immense, permanent powers extending far past the needs posed by this threat. For example, the proposal grants Barr personally the power to ask any chief judge to hold a citizen, "whenever the district court is fully or partially closed by virtue of any natural disaster, civil disobedience, or other emergency situation." If this were about COVID-19, the proposal would suspend only certain rights narrowly tailored to fighting this disease.

Note: This New York Times article details how autocrats around the world are using the fear generated to grab power. Read another highly informative article on how this crisis is being exploited to grab power. For more along these lines, see concise summaries of deeply revealing news articles on the coronavirus pandemic and the erosion of civil liberties from reliable major media sources.

India declared a 21-day lockdown with four hours notice on the midnight of 24 March to prevent the spread of coronavirus. All over India, millions of migrant workers are fleeing its shuttered cities and trekking home to their villages. These informal workers are the backbone of the big city economy. Escaping poverty in their villages, most of the estimated 100 million of them live in squalid housing in congested urban ghettos. Last week's lockdown turned them into refugees overnight. Their workplaces were shut, and most employees and contractors who paid them vanished. Sprawled together, men, women and children began their journeys at all hours of the day last week. When the children were too tired to walk, their parents carried them on their shoulders. Clearly, a lockdown to stave off a pandemic is turning into a humanitarian crisis. In the end, India is facing daunting and predictable challenges in enforcing the lockdown and also making sure the poor and homeless are not fatally hurt. India has already announced a $22bn relief package for those affected by the lockdown. The next few days will determine whether the states are able to transport the workers home or keep them in the cities and provide them with food and money. "People are forgetting the big stakes amid the drama of the consequences of the lockdown: the risk of millions of people dying," says Nitin Pai of Takshashila Institution, a prominent think tank. "There too, likely the worst affected will be the poor."

Note: In how many countries besides India is this scenario playing out? For more along these lines, see concise summaries of deeply revealing news articles on government corruption and the coronavirus pandemic from reliable major media sources.

The White House and the Centers for Disease Control and Prevention are asking Facebook, Google and other tech giants to give them greater access to Americans' smartphone location data in order to help them combat the spread of the coronavirus, according to four people at companies involved in the discussions who are not authorized to speak about them publicly. Federal health officials say they could use anonymous, aggregated user data collected by the tech companies to map the spread of the virus — a practice known as "syndromic surveillance" — and prevent further infections. They could also use the data to see whether people were practicing "social distancing." The federal effort [was] first reported by The Washington Post. The government officials have held at least two calls in recent days with representatives from the companies, the sources said. Those officials are "very serious" about making this happen, a person at one of the tech companies said. Similar and more aggressive surveillance practices have already been put to use in China, South Korea and Israel. The moves have set off alarm bells among privacy advocates who fear what the government may do with users' data. Facebook already provides health researchers and nongovernmental organizations in some countries with anonymized data to help disease prevention efforts. Representatives from Facebook, Google, Twitter, Apple, Amazon, Microsoft, IBM and Cisco all took part in the call with White House and federal health officials.

Note: For more along these lines, see concise summaries of deeply revealing news articles on the coronavirus pandemic and the disappearance of privacy from reliable major media sources.

The economic debate of the day centers on whether the cure of an economic shutdown is worse than the disease of the virus. Similarly, we need to ask if the cure of the Federal Reserve getting so deeply into corporate bonds, asset-backed securities, commercial paper, and exchange-traded funds is worse than the disease seizing financial markets. It may be. In just these past few weeks, the Fed has cut rates by 150 basis points to near zero and run through its entire 2008 crisis handbook. That wasn’t enough to calm markets, though — so the central bank also announced $1 trillion a day in repurchase agreements and unlimited quantitative easing, which includes a hard-to-understand $625 billion of bond buying a week going forward. At this rate, the Fed will own two-thirds of the Treasury market in a year. But it’s the alphabet soup of new programs that deserve special consideration, as they could have profound long-term consequences. The federal government is nationalizing large swaths of the financial markets. The Fed is providing the money to do it. If these acronym programs were abused ... they might indeed force markets higher than valuation warrants. But it would come with a heavy price. Investors would be deprived of the necessary market signals that freely traded capital markets offer to aid in the efficient allocation of capital. Malinvestment would be rampant. It also could force private sector players to leave as the government’s heavy hand makes operating in “controlled” markets uneconomic.

Note: For more along these lines, see concise summaries of deeply revealing news articles on the coronavirus pandemic and financial industry corruption from reliable major media sources.

A model predicting the progression of the novel coronavirus pandemic produced by researchers at Imperial College London set off alarms across the world and was a major factor in several governments' decisions to lock things down. But a new model from Oxford University is challenging its accuracy. The Oxford research suggests the pandemic is in a later stage than previously thought and estimates the virus has already infected at least millions of people worldwide. In the United Kingdom, which the study focuses on, half the population would have already been infected. If accurate, that would mean transmission began around mid-January and the vast majority of cases presented mild or no symptoms. The head of the study, professor Sunetra Gupta, an Oxford theoretical epidemiologist, said she still supports the U.K.'s decision to shut down the country to suppress the virus. But she also doesn't appear to be a big fan of the work done by the Imperial College team. If her work is accurate, that would likely mean a large swath of the population has built up resistance to the virus. Theoretically, then, social restrictions could ease sooner than anticipated. What needs to be done now, Gupta said, is a whole lot of antibody testing to figure out who may have contracted the virus. Her research team is working with groups from the University of Cambridge and the University of Kent to start those tests for the general population as quickly as possible.

Note: For more along these lines, see concise summaries of deeply revealing news articles on the coronavirus pandemic from reliable major media sources.

A shouting match broke out in the White House Situation Room between Health and Human Services Secretary Alex Azar and an Office of Management and Budget official. Azar had asked OMB ... for $2 billion to buy respirator masks and other supplies for a depleted federal stockpile of emergency medical equipment. The relief package enacted Friday secured $16 billion for the Strategic National Stockpile. States desperate for materials from the stockpile are encountering a beleaguered system beset by years of underfunding, changing lines of authority, confusion over the allocation of supplies and a lack of transparency from the administration. The stockpile holds masks, drugs, ventilators and other items in secret sites around the country. It has become a source of growing frustration for many state and hospital officials who are having trouble buying — or even locating — crucial equipment on their own. Massachusetts ... has received 17 percent of the protective gear it requested. Maine requested a half-million N95 specialized protective masks and received 25,558 — about 5 percent of what it sought. Florida has been an exception in its dealings with the stockpile: The state submitted a request on March 11 for 430,000 surgical masks, 180,000 N95 respirators, 82,000 face shields and 238,000 gloves, among other supplies — and received a shipment with everything three days later. President Trump repeatedly has warned states not to complain about how much they are receiving.

Note: This 2018 Washington Post article raises many questions about the secret U.S. stockpile. For more along these lines, see concise summaries of deeply revealing news articles on government corruption and the coronavirus pandemic from reliable major media sources.

The coronavirus financial aid package that landed on President Trump’s desk last week included a $500 billion corporate-loan fund that contained a major downside for his administration: Congressional Democrats had pushed for increased oversight of the loans, with a federal investigator designated to report to lawmakers on uses of the funding. So Trump, in endorsing the legislation Saturday, turned to a device he has used in record numbers during his tenure, the presidential “signing statement”. He signed the bill into law, but in the accompanying statement, he said he would not be bound by provisions that interfered with executive authority. Trump said he would not allow an inspector general to report to Congress because the Constitution, in his view, requires “presidential supervision” of such information. Using the signing statement to get his way with Congress is a familiar maneuver for Trump. It was at least the 769th signing statement Trump has issued since he took office. President George W. Bush, who produced more signing statements than all previous presidents combined, issued 750 in his first term. The disputes that arise between presidents and Congress because of executive signing statements could be resolved by the courts. But members of Congress have generally been unwilling to file suit, and it is difficult to find private citizens who can ... establish legal standing. Unless a court says otherwise, the president, not Congress, will have the last word on the $500 billion loan fund.

Note: For more along these lines, see concise summaries of deeply revealing news articles on government corruption from reliable major media sources.

The amount of money spent in one year by the U.S. on nuclear weapons could instead provide 300,000 ICU (intensive care unit) beds, 35,000 ventilators and 75,000 doctors' salaries, according to the International Campaign to Abolish Nuclear Weapons (ICAN) - a "coalition of non-government organizations promoting adherence to and implementation of the UN [United Nations} nuclear weapon ban treaty." In its recent report, the group stated that, according to armscontrol.org, the U.S. spent $35.1 billion on nuclear weapons in 2019. As the number of confirmed COVID-19 cases increases, more resources are required. The shortage of ventilators in U.S. hospitals has ... been a major issue during the coronavirus pandemic. During a recent interview with Vox, Dr. Tom Freiden, former head of the Centers for Disease Control and Prevention (CDC), stated that "in the worst-case scenario, in which there is an exponential surge in COVID-19 cases, the need for ventilators could greatly outstrip the number available." In addition to the shortage, the cost of the ventilators has also become a problem for hospitals. They can cost between $25,000 to $50,000 and require very skilled people to run them. The report published by ICAN also touches on the nuclear spending costs of the United Kingdom and France. For instance, France spent around $4.9 million on nuclear weapons in 2019. This amount ... would translate to 100,000 ICU beds, 10,000 ventilators and the salaries of 20,000 French nurses and 10,000 French doctors.

Note: Read this Washington Post article about a secret stockpile which could be used now. For more along these lines, see concise summaries of deeply revealing news articles on the coronavirus pandemic from reliable major media sources.

With Maryland schools and some places of work closed amid the coronavirus pandemic, parents are looking for creative new ways to educate their children at home. One expert in homeschooling says a coronavirus-related quarantine situation should not be mistaken for a traditional educational setting. And parents should not lose sleep over whether their children are getting enough learning materials during such uncertain times. “We’re dealing with a global pandemic ... we need to worry about how we’re helping our children to cope with the stress," said Alessa Giampaolo Keener, an educational consultant. One of the best ways to help students stay mentally engaged in the coming weeks is by finding a routine that works for them without caving to the pressure [to] interrupt play or set elaborate schedules for children. Older children may respond well to being given a list of chores or assignments to complete by a set deadline, which allows them the autonomy to budget their own time throughout the day. The Khan Academy is a nonprofit that offers online educational resources for students, teachers and parents. Families can find day-by-day projects on Scholastic’s Learn at Home webpage to keep kids thinking during a quarantine. Projects are available for levels Pre-K through 9th grade. Some kids may miss recess and gym class just as much as academics. Families can find yoga, mindfulness and relaxation exercises on the Cosmic Kids Yoga Channel on YouTube.

Note: You can find more useful homeschooling resources on this webpage and this one and this one. Explore a treasure trove of concise summaries of incredibly inspiring news articles which will inspire you to make a difference.

Coronavirus has hit companies hard and fast over the past several weeks — prompting calls for industry bailouts and dramatic measures to cut costs. Among the steps some major corporations are taking to mitigate the consequences of the outbreak are pay cuts to CEOs and other top executives. Executive pay cuts alone aren't likely to have a significant impact on companies' bottom lines or provide a boost to lower-paid employees further down the org chart. But they send an important message. Airlines and travel companies, one of the industries hit hardest by the outbreak early on, were among the first to take such a step, including Delta (DAL), Alaska (ALK), United Airlines (UAL) and others, which all announced CEO pay cuts, and other executive compensation reductions. Marriott (MAR), the world's largest hotel chain, said last week that CEO Arne Sorenson will not take home any salary for the rest of the year, and the rest of the executive team will take a 50% pay cut. The announcement came at the same time that the company said it would begin furloughing what could be tens of thousands of hotel workers, from housekeepers to general managers. On Wednesday, Dick's Sporting Goods (DKS) also announced its CEO Ed Stack and President Lauren Hobart will forgo their salaries, except for an amount covering company-provided benefits. The company's other named executive officers will take a 50% reduction in base salary. Other companies, including Ford (F), GE (GESLX) and Lyft (LYFT) have taken similar steps.

Note: Explore a treasure trove of concise summaries of incredibly inspiring news articles which will inspire you to make a difference.

As countries around the world grapple with the coronavirus, Taiwan may offer valuable lessons on how to curb its spread. The island is just 81 miles and a short flight away from mainland China, where COVID-19 is believed to have originated in the city of Wuhan. And yet, Taiwan has had only 50 cases of COVID-19 and one death. Of the 100-plus countries and territories affected, Taiwan has the lowest incidence rate per capita — around 1 in every 500,000 people. What lessons can Taiwan teach the world so other countries can stem the spread of the virus? On Dec. 31, the same day China notified the World Health Organization that it had several cases of an unknown pneumonia, Taiwan’s Centers for Disease Control immediately ordered inspections of passengers arriving on flights from Wuhan. Taiwan began requiring hospitals to test for and report cases. That helped the government identify those infected, trace their contacts and isolate everyone involved. Equally important, Taiwan's CDC activated the Central Epidemic Command Center relatively early on Jan. 20 and that allowed it to quickly roll out a series of epidemic control measures. The country’s health insurance system, which covers 99 percent of the population, has been crucial. “You can get a free test, and if you’re forced to be isolated, during the 14 days, we pay for your food, lodging and medical care,” [government spokesperson Kolas Yotaka] said. “So no one would avoid seeing the doctor because they can’t pay for health care.”

Note: This wired.com article further shows how Singapore is doing well with the pandemic. Another article shows why several countries have had success in this. Explore a treasure trove of concise summaries of incredibly inspiring news articles which will inspire you to make a difference.

How was Congress able to come up with $2 trillion so quickly? Where is the money coming from? On Friday, the House of Representatives, led by Speaker Nancy Pelosi ... waved away that question, preparing to rubber-stamp a $2 trillion Senate package aimed at staving off economic collapse. The details of the legislation — particularly the $500 billion, strings-optional corporate slush fund — may be shameful ... but the moment is instructive ... as it became clear that concerns about deficits and revenue had evaporated. Congress has ignored millions of people who have existed in a state of crisis for decades. The people of Flint, Michigan, (and elsewhere) still do not have safe drinking water. Millions of kids go hungry each day. There has been no multitrillion-dollar spending bill to combat these and other domestic emergencies. Instead, lawmakers have deprived communities of critical investments that could have attenuated their emergencies, often hiding behind the excuse that there isn’t enough money in the budget to deal with problems like these. Congress is doing now what it could always have done. Uncle Sam can’t run out of dollars. The U.S. government is the issuer of our currency — the U.S. dollar — which means that ... it can never find itself in a situation in which it has bills coming due that it can’t afford to pay. If the votes are there, the money can always be made available. When all of this is behind us, to the extent that it ever can be, let’s not forget what we’ve learned.

Note: The entire article at the link above raises important questions about why Congress hasn't made more money available in the past for much needed support of a variety of important programs. The author, Stephanie Kelton, served as the chief economist for Democrats on the U.S. Senate Budget Committee. For more along these lines, see concise summaries of deeply revealing news articles on banking and financial corruption from reliable major media sources. Then explore the excellent, reliable resources provided in our Banking Corruption Information Center.

Michael Levitt, a Nobel laureate and Stanford biophysicist, began analyzing the number of COVID-19 cases worldwide in January and correctly calculated that China would get through the worst of its coronavirus outbreak long before many health experts had predicted. Now he foresees a similar outcome in the United States and the rest of the world. While many epidemiologists are warning of months, or even years, of massive social disruption and millions of deaths, Levitt says the data simply don’t support such a dire scenario — especially in areas where reasonable social distancing measures are in place. “What we need is to control the panic,” he said. In the grand scheme, “we’re going to be fine.” Here’s what Levitt noticed in China: On Jan. 31, the country had 46 new deaths due to the novel coronavirus, compared with 42 new deaths the day before. Although the number of daily deaths had increased, the rate of that increase had begun to ease off. It was an early sign that the trajectory of the outbreak had shifted. “This suggests that the rate of increase in the number of deaths will slow down even more over the next week,” Levitt wrote. He predicted that the total number of confirmed COVID-19 cases in China would end up around 80,000, with about 3,250 deaths. This forecast turned out to be remarkably accurate. Now Levitt ... is seeing similar turning points in other nations. He analyzed data from 78 countries that reported more than 50 new cases of COVID-19 every day and sees “signs of recovery” in many of them.

Note: Consider the research of 12 other experts questioning the coronavirus panic. For more along these lines, see concise summaries of deeply revealing news articles on the coronavirus pandemic from reliable major media sources.

The Trump Department of Justice has asked Congress to craft legislation allowing chief judges to indefinitely hold people without trial and suspend other constitutionally-protected rights during coronavirus and other emergencies, according to a report by Politico. The DOJ has requested Congress allow any chief judge of a district court to pause court proceedings “whenever the district court is fully or partially closed by virtue of any natural disaster, civil disobedience, or other emergency situation,” according to draft language obtained by Politico. This would be applicable to “any statutes or rules of procedure otherwise affecting pre-arrest, post-arrest, pre-trial, trial, and post-trial procedures in criminal and juvenile proceedings and all civil processes and proceedings.” But the Constitution grants citizens habeas corpus which gives arrestees the right to appear in front of a judge and ask to be released before trial. Enacting legislation like the DOJ wants would essentially suspend habeas corpus indefinitely until the emergency ended. Further, DOJ asked Congress to suspend the statute of limitations on criminal investigations and civil proceedings during the emergency until a year after it ended. That means you could be arrested and never brought before a judge until they decide that the emergency or the civil disobedience is over. The DOJ ... also asked Congress to pass a law saying that immigrants who test positive for COVID-19 cannot qualify as asylum seekers.

Note: For more along these lines, see concise summaries of deeply revealing news articles on the coronavirus pandemic and the erosion of civil liberties from reliable major media sources.

California has prepared for worst case scenarios as the coronavirus pandemic heightens, including the possibility of enacting martial law. Governor Gavin Newsom said during a press conference on Tuesday he would consider implementing martial law if it was necessary to curb the novel virus. “We have the ability to do martial law ... if we feel the necessity,” he said. Issuing martial law would be an unprecedented move rarely used by officials in US history. If enacted, it would temporarily replace civil rule with military authority. The precedent for martial law in the US states “certain civil liberties may be suspended, such as the right to be free from unreasonable searches and seizures, freedom of association, and freedom of movement,” according to a legal journal. The president and Congress have the power to enact martial law for the entire country. State governors also have the power to enact martial law if its in their state’s constitution. Previous examples of martial law used include after World War II, specifically following the bombing of Pearl Harbour, when the state of Hawaii was held under martial law from 1941 to 1944. President Abraham Lincoln also used martial law during the Civil War to temporarily suspend habeas corpus, which is the right to a trial before imprisonment. California considering the possibility of using martial law on Tuesday comes just two days after the governor said he had no current plans for the measure.

Note: For more along these lines, see concise summaries of deeply revealing news articles on the coronavirus pandemic and the erosion of civil liberties from reliable major media sources.

My adulthood has been punctuated by severe national emergencies. The first my generation experienced was the terrorist attack on September 11, 2001. The government quickly responded by attempting to achieve two things: one, expanding executive power, and two, transferring public wealth into private corporations. The second national emergency my generation experienced was the 2008 housing bubble collapse and subsequent recession. Again the federal government ... sought to exploit the crisis to move vast wealth from the public treasury into private bank accounts. A staggering $14tn was transferred from taxpayers to private hands. [The] latest iteration is the Covid-19 pandemic. Once again, the federal government appears poised to exploit this emergency to expand executive power and move wealth from the public treasury into private bank accounts. As we witnessed with the authoritarian reactions to 9/11, emergency violations of civil liberties are not easily rolled back, and often aggregate over time. In the wake of 9/11, Congress passed the National Defense Authorization Act, which gave sweeping powers to the executive branch. In 2012, Obama signed an expanded version into law, which gave the president the power to “hold individuals, including US citizens, in military detention indefinitely”, which means for life. We must reject such authoritarian measures wholly.

Note: For more along these lines, see concise summaries of deeply revealing news articles on government corruption and the erosion of civil liberties from reliable major media sources.

Safety concerns at a prominent military germ lab have led the government to shut down research involving dangerous microbes. “Research is currently on hold,” the United States Army Medical Research Institute of Infectious Diseases, in Fort Detrick, Md., said in a statement. The Centers for Disease Control and Prevention decided to issue a “cease and desist order” last month to halt the research at Fort Detrick because the center did not have “sufficient systems in place to decontaminate wastewater” from its highest-security labs. The C.D.C. cited “national security reasons” as the rationale for not releasing information about its decision. The institute is a biodefense center that studies germs and toxins that could be used to threaten the military or public health, and also investigates disease outbreaks. The problems date back to May 2018, when storms flooded and ruined a decades-old steam sterilization plant that the institute had been using to treat wastewater from its labs. The damage halted research for months, until the institute developed a new decontamination system using chemicals. The new system required changes in certain procedures. During an inspection in June, the C.D.C. found that the new procedures were not being followed. Inspectors also found mechanical problems with the chemical-based decontamination system, as well as leaks. In 2009, research at the institute in Fort Detrick was suspended because it was storing pathogens not listed in its database.

Note: Check out credible evidence that links the Fort Detrick lab shutdown with the start of the Coronavirus outbreak on this webpage. For more along these lines, see concise summaries of deeply revealing news articles on government corruption from reliable major media sources.

Investment bankers have pressed health care companies on the front lines of fighting the novel coronavirus, including drug firms developing experimental treatments and medical supply firms, to consider ways that they can profit from the crisis. The largest voices in the health care industry stand to gain from billions of dollars in emergency spending on the pandemic, as do the bankers and investors who invest in health care companies. Over the past few weeks, investment bankers have been candid on investor calls and during health care conferences about the opportunity to raise drug prices. Executives joked about using the attention on Covid-19 to dodge public pressure on the opioid crisis. Health and Human Services Secretary Alex Azar previously served as president of the U.S. division of drug giant Eli Lilly and on the board of the Biotechnology Innovation Organization, a drug lobby group. During a congressional hearing ... Azar rejected the notion that any vaccine or treatment for Covid-19 should be set at an affordable price. "We can't control that price because we need the private sector to invest," said Azar. "The priority is to get vaccines and therapeutics. Price controls won't get us there." The initial $8.3 billion coronavirus spending bill passed in early March ... contained a provision that prevents the government from delaying the introduction of any new pharmaceutical to address the crisis over affordability concerns. The legislative text was shaped, according to reports, by industry lobbyists.

Note: For more along these lines, see concise summaries of deeply revealing news articles on the coronavirus pandemic and Big Pharma profiteering from reliable major media sources.

Before the coronavirus virus crushed the US stock market, the Republican senator Richard Burr apparently used information he gleaned from his role as chairman of the Senate intelligence committee about the ferocity of the coming pandemic to unload 33 stocks held by him and his spouse. They were estimated at being worth between $628,033 and $1.72m. While publicly parroting Trump’s happy talk at the time, Burr confided to several of his political funders that the disease would be comparable to the deadly 1918 flu pandemic. When society faces a common threat, exploiting a special advantage is morally repugnant. Call it “Burring”. The coronavirus should have altered business as usual. But last week’s Senate Republican relief package, giving airlines $58bn and billions more to other industries, is pure Burring. Walmart, the largest employer in America, doesn’t give its employees paid sick leave. 88% of Walmart employees report sometimes coming to work when sick. None of the giants of the fast-food industry – McDonald’s, Burger King, Pizza Hut, Duncan Donuts, Wendy’s, Taco Bell, Subway – gives their workers paid sick leave, either. Amazon, one of the richest corporations in the world, which paid almost no taxes last year, is offering unpaid time off for workers who are sick. These corporations have made sure they and other companies with more than 500 employees are exempt from the requirement in the House coronavirus bill that employers provide paid sick leave.

Note: Read a New York Times article for further information on how Senator Burr, the head of the US Senate Intelligence Committee, after being briefed of impending disaster, unloaded $1 million in investments while telling the public everything was fine. Read an article in The Atlantic showing how the Coronavirus is giving the world's leaders a rich opportunity for a power grab. For more along these lines, see concise summaries of deeply revealing news articles on the coronavirus pandemic from reliable major media sources.

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.