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.
Most people in Ottawa have heard about our “Butterfly Child,” Jonathan Pitre, who is fighting one of the most horrific diseases anyone has ever heard of called Epidermolysis Bullosa (EB). It makes his skin extremely fragile, like butterfly wings. Recently, a second stem cell transplant was done. It is currently the only hope the 16-year-old has to lessen his excruciating pain. Jonathan’s story ... has inspired true change in others. That change is creating even more ripples after he threw his stone into the pond by bravely speaking out about his disease. You see, when he isn’t getting experimental treatment in the United States, Jonathan lives next door to singer-songwriter Tara Shannon. Tara ... wrote the song Butterfly Child that, together with TSN, helped propel Jonathan into the international spotlight. Across Canada and the United States, when being interviewed about her album, Tara now speaks about EB. She is doing what Jonathan wanted all along, to increase awareness about the disease and the need for research. Since releasing Butterfly Child, Tara joined the executive committee of Amazing People, which celebrates those doing great work in Ottawa while at the same time raising money for four charities. I think our Butterfly Child has created incredible change in our community simply by demonstrating what is possible when you don’t give up. Jonathan’s example has caused a ripple effect that is helping children he’s never even met, and he’s inspiring adults to do what needs to be done.
Note: Watch a touching video of this brave child and his conflicted life.
More than a billion people in the world go to sleep each night without reliable shelter. But a pair of companies working on solving that believes their model of quickly 3D-printing a one-story house could not only provide merely a roof over the head, but a genuinely great place to live. I took a walk around a demonstration house ... built by Icon, a construction firm, and New Story, a non-profit that sets up housing in the developing world. Later this year, the project will head to El Salvador to build some test homes, with the view to begin work on a community of 100 houses in 2019. "If it does work it could literally change how shelter is created," said Brett Hagler, chief executive and co-founder of New Story. Like small-scale 3D-printing, the system works by slowly adding material, layer-by-layer. In this case, that material is mortar, similar to concrete. The El Salvador project will ... aim to build 100 homes, financed by mostly Silicon Valley-based donors. The houses will not be a hand-out, however. "The families agreed to a no-interest, no-profit mortgage that they will pay over about 10 years," explained Mr Hagler. That works out at about $30 a month. According to the country's economics ministry, the average monthly wage in rural El Salvador is around $360. "That money does not come back to us," he added. "It's kept in a community fund." The fund will go on to pay for more homes in future, or maintenance on existing structures. Mr Hagler said the mortgage model will foster "respect and dignity" within the community.
Note: Explore a treasure trove of concise summaries of incredibly inspiring news articles which will inspire you to make a difference.
According to a 2016 study, the top contributor of air pollution-related deaths in China is the burning of coal. To improve the country's air quality, the Chinese government vows to spend at least $360 billion on clean energy projects and create 13 million new renewable energy jobs by 2020. This year marks China's fourth anniversary since it started a "war on pollution," and there's reason to believe the country is making headway. Chinese cities have cut concentrations of fine particulates - often considered the deadliest type of pollution - by 32% on average since 2013. The city of Xingtai saw the largest pollution decline at 52.2%. China's latest energy megaproject - a giant floating solar farm on top of a former coal mine in Anhui - may get the country closer to that goal. The 166,000-panel array ... can generate 40 megawatts of power - enough to accommodate 15,000 homes. It's currently the world's largest floating solar project and will operate for up to 25 years. Local energy company Sungrow Power Supply developed the farm on a lake that was once the site of extensive coal mining. After an explosion caused the mine to collapse, a lake formed and flooded it. Building solar plants on top of lakes and reservoirs can protect agricultural land and wildlife on the ground. The water also cools the solar panels, helping them work more efficiently. Choosing to develop the Sungrow farm on an abandoned coal mine signals the slow decline of fossil fuels like coal in China and other countries around the world.
Note: Explore a treasure trove of concise summaries of incredibly inspiring news articles which will inspire you to make a difference.
Sitting in a hotel bar, Alexander Nix, who runs the political data firm Cambridge Analytica, had a few ideas for a prospective client looking for help in a foreign election. The firm could send an attractive woman to seduce a rival candidate and secretly videotape the encounter, Mr. Nix said, or send someone posing as a wealthy land developer to pass a bribe. “We have a long history of working behind the scenes,” Mr. Nix said. The prospective client, though, was actually a reporter. The encounter was secretly filmed as part of a monthslong investigation into Cambridge Analytica, the data firm with ties to President Trump’s 2016 campaign. The results of Channel 4’s work were broadcast ... days after reports ... that the firm had harvested the data from more than 50 million Facebook profiles in its bid to develop techniques for predicting the behavior of individual American voters. Less noticed has been the work that Cambridge Analytica and its parent company, the SCL Group, have done outside the United States. “Many of our clients don’t want to be seen to be working with a foreign company,” he told the Channel 4 reporter. “We can set up fake IDs and websites.” Mr. Nix ... boasted that Cambridge Analytica employs front companies and former spies on behalf of political clients. The information that is uncovered ... is then put “into the bloodstream to the internet,” said Mark Turnbull, another Cambridge executive. “Then watch it grow,” he added. “It has to happen without anyone thinking, ‘That’s propaganda.’”
Note: Watch an astounding video revealing how Cambridge Analytica has successfully manipulated national elections around the world using sleazy tactics like pretty women to entrap candidates and offering major bribes while recording the exchange. And here is a video featuring the whistleblower who exposed this.
At 24, [Christopher Wylie] came up with an idea that led to the foundation of a company called Cambridge Analytica, a data analytics firm that went on to claim a major role in the Leave campaign for Britain’s EU membership referendum, and later became a key figure in digital operations during Donald Trump’s election campaign. In 2014, Steve Bannon ... was Wylie’s boss. And Robert Mercer, the secretive US hedge-fund billionaire and Republican donor, was Cambridge Analytica’s investor. The idea they bought into was to bring big data and social media to an established military methodology – “information operations” – then turn it on the US electorate. By [2017], Steve Bannon had become Trump’s chief strategist. Cambridge Analytica’s parent company, SCL, had won contracts with the US State Department and was pitching to the Pentagon, and Wylie was genuinely freaked out. “It’s insane,” he told me one night. “The company has created psychological profiles of 230 million Americans. And now they want to work with the Pentagon? It’s like Nixon on steroids.” He ended up showing me a tranche of documents that laid out the secret workings behind Cambridge Analytica. Wylie ... came up with a plan to harvest the Facebook profiles of millions of people in the US, and to use their private and personal information to create sophisticated psychological and political profiles. And then target them with political ads designed to work on their particular psychological makeup.
Note: Billionaire Robert Mercer used this new new technology to build a corporate empire capable of swinging elections by using military propaganda strategies on civilian populations. The above article further details how mass media is being combined with Big Data to produce powerful new forms of mind control. Watch an astounding video revealing how Cambridge Analytica has successfully manipulated national elections around the world.
Alien and Unidentified Flying Objects (UFO) have been mind-boggling stuff since 1947 – the first time a well-known UFO sighting occurred. Cut to 2004, Navy pilots encountered a UFO off the San Diego coast. According to an eyewitness, pilot David Fravor, the 40-foot Tic-Tac shaped white vehicle moved, unlike any other thing he had ever seen in the air with lightning speed. UFOs are often reported to display bizarre aerodynamics, defying the laws of physics, which human minds are still incapable of apprehending. Former director of the Advanced Aerospace Threat Identification Program - Pentagon's program to identify and investigate UFOs, Luis Elizondo has put forward an explanation about "the physics of how it works". "We do believe all these observables we've been seeing, sudden and extreme acceleration, hypersonic velocities, low observability, trans medium travel, and last but not least, positive lift, anti-gravity – is really the manifestation of a single technology," Elizondo said. It is the ability to warp space-time, Elizondo explained, and not by a lot, but by a little. Space and Time Warps theory says that the fourth dimension called the space-time continuum, which fuses the three dimensions of space and the one dimension of time, can be bent like a cloth when exposed to high gravity of objects. Thus from here, another question arises: Are aliens time-travellers?
Note: Luis Elizondo is one of several former government officials reportedly working with a new company called To the Stars Academy for Arts and Sciences. Watch an excellent 8-minute video showing that something is fishy about this company. For more along these lines, see concise summaries of deeply revealing UFO news articles from reliable major media sources. Then explore the excellent, reliable resources provided in our UFO Information Center.
Bird populations across the French countryside have fallen by a third over the last decade and a half, researchers have said. Dozens of species have seen their numbers decline, in some cases by two-thirds, the scientists said in a pair of studies – one national in scope and the other covering a large agricultural region in central France. “The situation is catastrophic,” said Benoit Fontaine, a conservation biologist at France’s National Museum of Natural History and co-author of one of the studies. A migratory song bird, the meadow pipit, has declined by nearly 70%. The museum described the pace and extent of the wipe-out as “a level approaching an ecological catastrophe”. The primary culprit, researchers speculate, is the intensive use of pesticides on vast tracts of monoculture crops, especially wheat and corn. The problem is not that birds are being poisoned, but that the insects on which they depend for food have disappeared. Recent research ... has uncovered similar trends across Europe. Flying insects have declined by 80%, and bird populations has dropped by more than 400m in 30 years. Despite a government plan to cut pesticide use in half by 2020, sales in France have climbed steadily, reaching more than 75,000 tonnes of active ingredient in 2014, according to European Union figures. “What is really alarming, is that all the birds in an agricultural setting are declining at the same speed, even ’generalist’ birds,” which also thrive in other settings such as wooded areas, said [ecologist Vincent] Bretagnolle.
Note: A United Nations report recently noted that pesticides have produced “catastrophic impacts on the environment, human health and society as a whole”, and condemned the pesticide industry for aggressively promoting lies about the usefulness of their products. For more along these lines, see concise summaries of deeply revealing food system corruption news articles from reliable major media sources.
Shocking hygiene failings have been discovered in some of the US’s biggest meat plants, as a new analysis reveals that as many as 15% (one in seven) of the US population suffers from foodborne illnesses annually. A joint investigation by the Bureau of Investigative Journalism (TBIJ) and the Guardian found that hygiene incidents are at numbers that experts described as “deeply worrying”. US campaigners are calling once again for the closure of a legal loophole that allows meat with salmonella to be sold in the human supply chain, and also warn about the industry’s push to speed up production in the country’s meat plants. Unpublished US- government records highlight numerous specific incidents including: Diseased poultry meat that had been condemned found in containers used to hold edible food products; Pig carcasses piling up on the factory floor after an equipment breakdown, leading to contamination with grease, blood and other filth; Meat destined for the human food chain found riddled with faecal matter and abscesses filled with pus; High-power hoses being used to clean dirty floors next to working production lines containing food products; Factory floors flooded with dirty water after drains became blocked by meat parts and other debris; Dirty chicken, soiled with faeces or having been dropped on the floor, being put back on to the production line after being rinsed with dilute chlorine.
Note: Read more on the unsafe and unethical high speed slaughterhouses on track for USDA approval. For more along these lines, see concise summaries of deeply revealing food system corruption news articles from reliable major media sources.
More than $8 of every $10 of wealth created last year went to the richest 1%. That's according to a new report from Oxfam International, which estimates that the bottom 50% of the world's population saw no increase in wealth. Oxfam says the trend shows that the global economy is skewed in favor of the rich, rewarding wealth instead of work. "The billionaire boom is not a sign of a thriving economy but a symptom of a failing economic system," said Winnie Byanyima, executive director of Oxfam International. The head of the advocacy group argued that the people who "make our clothes, assemble our phones and grow our food" are being exploited in order to enrich corporations and the super wealthy. The study, released ahead of the World Economic Forum in Davos, was produced using data from Credit Suisse's (CS) Global Wealth Databook. Oxfam said Monday that it is time for the global elite to stop talking about inequality and start changing their ways. "It's hard to find a political or business leader who doesn't say they are worried about inequality. It's even harder to find one who is doing something about it," said Byanyima. Oxfam said that governments should focus on policies that would lead to fairer distribution of wealth and stronger workers' rights.
Note: For more along these lines, see concise summaries of deeply revealing income inequality news articles from reliable major media sources.
The CEO of Marathon Petroleum, Gary Heminger, took home an astonishing 935 times more pay than his typical employee in 2017. One of Marathon’s gas station workers would have to toil more than nine centuries to make as much as Heminger grabbed in just one year. Employees of at least five other US firms would have to work even longer – more than a millennium – to catch up with their top bosses. These companies include the auto parts maker Aptiv (CEO-worker pay ratio: 2,526 to 1), the temp agency Manpower (2,483 to 1), amusement park owner Six Flags (1,920 to 1), Del Monte Produce (1,465 to 1), and apparel maker VF (1,353 to 1). These revelations come thanks to a new federal regulation that requires publicly traded US corporations to disclose, for the first time ever, how much their chief executives are making compared with their median workers. The disclosures are just now starting to flow in. Ever since 2010, the year Congress plugged a ratio disclosure mandate into the Dodd-Frank financial reform act, corporate lobbyists have been scheming to delay and repeal that mandate’s implementation. But responsible investors and other activists rallied and kept the mandate in place. The new ratios offer a benchmark for corporate greed that exposes exactly which firms are sharing the wealth their employees create and which aren’t, knowledge we can use to impose consequences on the corporations doing the most to make the United States more unequal.
Note: For more along these lines, see concise summaries of deeply revealing income inequality news articles from reliable major media sources.
I was inside the CIA’s Langley, Va., headquarters on Sept. 11, 2001. I headed counterterrorism operations in Pakistan from January to May 2002. My team captured dozens of al-Qaeda fighters, including senior training-camp commanders. One of the fighters whom I played an integral role in capturing was Abu Zubaida, mistakenly thought at the time to be the third-ranking person in the militant group. By that May, the CIA had decided to torture him. When I returned to CIA headquarters that month, a senior officer in the Counterterrorism Center asked me if I wanted to be “trained in the use of enhanced interrogation techniques.” I declined. I said that I had a moral and ethical problem with torture and that - the judgment of the Justice Department notwithstanding - I thought it was illegal. Unfortunately, there were plenty of people in the U.S. government who were all too willing to allow the practice to go on. One of them was Gina Haspel, whom President Trump nominated Tuesday as the CIA’s next director. Putting Haspel in charge of the CIA would undo attempts by the agency - and the nation - to repudiate torture. The message this sends to the CIA workforce is simple: Engage in war crimes, in crimes against humanity, and you’ll get promoted. Don’t worry about the law. Don’t worry about ethics. Don’t worry about morality or the fact that torture doesn’t even work. Go ahead and do it anyway. We’ll cover for you. And you can destroy the evidence, too.
Note: The above was written by former CIA counterterrorism officer John Kiriakou, who was imprisoned for blowing the whistle on the CIA’s illegal torture program. For more along these lines, see concise summaries of deeply revealing news articles on corruption in government and in the intelligence community.
Everybody's heard of the My Lai massacre - March 16, 1968, 50 years ago today - but not many know about the man who stopped it: Hugh Thompson, an Army helicopter pilot. When he arrived, American soldiers had already killed 504 Vietnamese civilians. They were going to kill more, but they didn't - because of what Thompson did. "We started noticing these large numbers of bodies everywhere," [Thompson said]. "They were old women, old men, children, kids, babies." Then Thompson ... "saw some civilians hiding in a bunker, cowering. Saw some advancing Americans coming that way. I just figured it was time to do something, to not let these people get killed. Landed the aircraft in between the Americans and the Vietnamese, told my crew chief and gunner to cover me, got out of the aircraft, went over to the American side." What happened next was one of the most remarkable events of the entire war, and perhaps unique: Thompson told the American troops that, if they opened fire on the Vietnamese civilians in the bunker, he and his crew would open fire on them. "I thank God to this day that everybody did stay cool and nobody opened up. It was time to stop it. That was the only way the madness ... could be stopped." Back at their base he filed a complaint about the killing of civilians that he had witnessed. The Army covered it up. But eventually the journalist Seymour Hersh found out about the massacre, and his report made it worldwide news and a turning point in the war.
Note: For more along these lines, see concise summaries of deeply revealing war news articles from reliable major media sources.
Dorothy Hansen used to pay her taxes faithfully every year - until the U.S.-led invasion of Iraq in 2003. Since then, the 87-year-old Sebastopol resident has stopped filing her income tax returns to show her disapproval of the war. "I am very sure that I don't want to have any part in killing people and I certainly don't want a part in any wars that do just that," Hansen said. With the tax-filing deadline just two weeks away, some... are using it as an opportunity to protest the war by withholding their tax dollars to fund it. Known as war tax resisters, they consider it an act of civil disobedience. Some withhold only a symbolic portion of what they owe - $10.40, for example, to represent the 1040 tax form - while others, like Hansen, refuse to pay anything at all. Many will redirect their tax dollars to a charity of their choice. The risks can be costly if a resister is caught. Some resisters have had their wages garnisheed or property seized. Jesse Weller, an IRS spokesman, said the agency does not keep statistics on war tax resisters. The National War Tax Resistance Coordinating Committee ... said they have no way of tracking their numbers either. Weller said the IRS goes after promoters of tax resistance more aggressively than those who participate in the movement and warns that anyone who gets caught can face a criminal or civil penalty. Nonetheless, war tax resisters persist. Hansen said she will stand by her beliefs regardless of the consequences.
Note: See the letter WantToKnow.info founder Fred Burks wrote to the IRS on why he is withholding war taxes. For more along these lines, see concise summaries of deeply revealing war news articles from reliable major media sources.
Kyle Maynard, 27, was born with a rare condition called congenital amputation that left him without the lower parts of his arms or legs. It’s a disability that would, understandably, all but end most people’s potential for a normal life. Yet for the determined Atlanta native, this end was only the beginning. At 11, he played American football. At high school, he switched to wrestling. Around the same time, he bench-pressed 240lbs 23 times, earning the title World’s Strongest Teen from sports supplement company GNC. Shortly after, US sports broadcaster ESPN awarded Maynard its 2004 Espy for Best Athlete With A Disability, and fame followed. He ... appeared on Oprah and Larry King Live, and took his first of many bookings as a motivational speaker, all of which drew from experiences described in his ... autobiography No Excuses. And yet, in a keynote speech published on his own website, Maynard reflects on once feeling like a fraud. He tells of how, during a speaking tour, he looked at himself ... and knew, for the first time, he had started to believe what others said about him. Perhaps that’s why, in 2011, Kyle Maynard decided to scale Mount Kilimanjaro. And why on January 15, 2012, he became the first quadruple amputee to reach the roof of Africa without assistance, crawling all 19,340 feet on specially made soles. “When we take on a big goal, it’s always going to be difficult at first,” says Maynard in his website’s Speaking Intro video. “We forget that just showing up, and continuing to try, is going to get us there.”
Note: Watch an engaging video of this inspiring man.
Trauma is a word we hear used to describe a range of experiences. Author and journalist Aminatta Forna thinks the word is overused, and, in her Humble Opinion, it is time to find a new way of talking about terrible events. "My family has seen what feels like more than our share of painful, you might say traumatic, events," [said Forna]. "The murder of my father who was a political activist when I was 11, followed by 25 years of political oppression, 10 years of civil war and even an Ebola outbreak. "Im often asked whether I was traumatized by events, and I have to answer, truthfully, no. Over the years, I have written a great deal about people who have managed to endure events with the power to ruin lives, and this is what I have learned. The more a society tells you that you are irrevocably damaged by what has taken place, the more it becomes a self-fulfilling prophecy. The ability to shape your own narrative, rather than having others shape it for you, is ultimately what matters most. Almost any experience can be reshaped, any destiny re-imagined, if those who have lived it tell their own stories. People who frame their experience within a wider context are often most capable of withstanding painful events. They rarely ask, why me. But rather see the world for the capricious and unfair place it can be, and they have a vision of their role in it. Individual temperament matters, but societal attitudes play a considerable role in shaping our responses. The suffering is real, but it may yet be withstood."
Note: Explore a treasure trove of concise summaries of incredibly inspiring news articles which will inspire you to make a difference.
Norway's prison system is designed with three core values in mind: normality, humanity and rehabilitation. The point of incarceration in Norway, they say, is to make inmates "better neighbors" once they are released - and they take that mission very seriously. In the US, prison is generally seen as punishment for crimes committed. But Norway might change that. In 2015, prison directors and lawmakers from North Dakota traveled to see Norway's prisons for themselves. The trip was part of a program that takes state officials to visit the country, which has one of the lowest recidivism rates in the world. When the leaders returned, North Dakota slowly began making changes to its prison system. The move has been controversial with some prison staff. The changes called for different dynamics between inmates and corrections officers, causing one of them to leave over what he believed was a fundamental shift in their training. North Dakota's prison directors say the benefit in the long run - reducing the state's recidivism rate - is worth giving this new approach a chance. If the goal is to make them better neighbors, North Dakota inmate Jonathan McKinney says it's working. He spent more than two years in and out of solitary confinement during part of his 17-year sentence for murder and other serious charges. Because of Norway's influence, prison officials allowed him to transfer to medium security when he showed good behavior - a move that he would not have been able to make as easily before.
Note: Watch an incredible nine-minute video on the mind-boggling success of Norway's prison system.
Does energy healing work? Charlie Goldsmith knows it does. The Australian energy healer, who reluctantly discovered his talent at the ripe age of 18, is now on a mission to take energy medicine mainstream. To date, Goldsmith has volunteered his time - and talents - to two scientific studies. In the first study, published in The Journal of Alternative and Complementary Medicine in 2015, he treated 50 reports of pain at a 76% success rate and 29 reports of non-pain problems at a 79% success rate. The study, conducted at NYU's Lutheran Hospital ... landed him a TV deal. The second is still underway. Prior to the studies done in the public eye, Goldsmith spent years healing as many as he could, often those who had been failed by countless doctors and traditional medicine. He has never once charged for his work. Dr. Ramsey Joudeh, from NYU's Lutheran Medical Center, attests to Goldsmith's miraculous healing powers: "Most of our narcotics decrease a patient's pain by three to five points. If you go from a 10, meaning the worst pain you can imagine, to five, that's significant. In some cases Charlie reduced a patient's pain from 10 to zero. He also treated people with infections where antibiotics were not effective. You could see the shift in a patient's status from stagnant to a rapid healing resolution. I can't quantify it, but I would say Charlie cuts off patients' hospital stays. Watching him work has been humbling in the most extreme way."
Note: See this miracle worker's website at https://www.charliegoldsmith.com.
In December, the Defense Department declassified two videos documenting encounters between U.S. Navy F-18 fighters and unidentified aircraft. The first video captures multiple pilots observing and discussing a strange, hovering, egg-shaped craft, apparently one of a “fleet” of such objects, according to cockpit audio. The second shows a similar incident involving an F-18 attached to the USS Nimitz carrier battle group in 2004. The videos, along with observations by pilots and radar operators, appear to provide evidence of the existence of aircraft far superior to anything possessed by the United States or its allies. Defense Department officials who analyze the relevant intelligence confirm more than a dozen such incidents off the East Coast alone since 2015. Military departments and agencies treat such incidents as isolated events rather than as part of a pattern requiring serious attention and investigation. Reports from different services and agencies remain largely ignored and unevaluated inside their respective bureaucratic stovepipes. There is no Pentagon process for synthesizing all the observations the military is making. The current approach is equivalent to having the Army conduct a submarine search without the Navy. It is also reminiscent of the counterterrorism efforts of the CIA and the FBI before Sept. 11, 2001, when each had information on the hijackers that they kept to themselves. In this instance, the truth may ultimately prove benign, but why leave it to chance?
Note: The above was written by Christopher Mellon, who served as deputy assistant secretary of defense for intelligence in the Clinton and George W. Bush administrations. For more along these lines, see concise summaries of deeply revealing UFO news articles from reliable major media sources. Then explore the excellent, reliable resources provided in our UFO Information Center.
A US court will today hear a request from Monsanto for access to a huge batch of internal communications by Avaaz, in a move that the campaign group says could have grave repercussions for online activism and data privacy. Monsanto is seeking the release of all lobby documents ... where the firm or its herbicide ingredient glyphosate have been mentioned. Avaaz says this would include personal information about its employees, as well as the email addresses of more than four million signatories to petitions against Monsanto’s GM and glyphosate policies. A victory for Monsanto in today’s hearing would cost the online advocacy group thousands of person-hours of work time, and hundreds of thousands of dollars, according to Avaaz’s lawyers. It could even raise the prospect of a migration out of online activism by campaigners concerned about corporate surveillance. Monsanto’s [request] demands all documents Avaaz employees have created, maintained, received, sent or copied, where these involve discussion about glyphosate, Monsanto, or the World Health Organization’s International Agency for Research on Cancer, which found glyphosate to probably be carcinogenic. Monsanto filed its request shortly after a bitter EU regulatory battle ended with its license for glyphosate – the core ingredient in Roundup – being extended by just five years, rather than the 15 years originally sought.
Note: Read more on Avaaz and the power of online activism. Major lawsuits are beginning to unfold over Monsanto's lies to regulators and the public on the dangers of its products, most notably Roundup. For more along these lines, see concise summaries of deeply revealing news articles on corporate corruption and health.
Next week marks the 10th anniversary of the run on Bear Stearns, the investment bank that collapsed under the weight of toxic subprime mortgages ... leading to the biggest economic crisis in nearly a century. That seems like a terrible political backdrop for the Senate to pass a bill that deregulates the banking sector. But that's exactly what's about to happen. The Economic Growth, Regulatory Relief and Consumer Protection Act, which pro-regulation groups have called the "Bank Lobbyist Act," advanced in the Senate this week. The ... Congressional Budget Office stated [that the] legislation would increase the risk of another [financial crisis] happening. The bill ... rolls back key pieces of the Dodd-Frank Act and includes giveaways to large institutions of the same size and scope as the ones that crashed the economy in 2008. The most important measure in the legislation raises the threshold for enhanced regulatory supervision by the Federal Reserve from $50 billion to $250 billion. The beneficiaries, 25 of the top 38 banks in America, could be called "stadium banks:" not big enough to count as Wall Street mega-banks, but big enough to have a sports stadium named after them. Nearly all giant foreign banks with operations in the U.S. could enjoy the same weaker rules. Why would more than one-third of the Senate Democratic caucus provide the margin of victory on [this] bill. The answer is simple: money. The top three recipients of campaign donations from commercial banks since 2017 are Democrats. This whole process reveals that bipartisanship usually arrives in Washington at the barrel of a money cannon.
Note: For more along these lines, see concise summaries of deeply revealing news articles on corruption in government and in the financial industry.
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.