News StoriesExcerpts of Key News Stories in Major Media
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Nate Silver, one of the nation's pre-eminent poll interpreters, voiced the exasperation of many when he tweeted: "The. Polls. Have. Stopped. Making. Any. Sense." At this time of year, the difference between poll results can be explained by everything from who is being surveyed (are they "likely" voters or just "registered") to how many cell phone users (who are generally younger and from more diverse backgrounds) are contacted to how the questions are worded. And while top pollsters try to adhere to common standards and best practices, there is a lot of room for interpretation in the way each constructs their universe of respondents. Pollsters have realized that the days of interviewing voters purely via landline telephones are long gone. The future, like many industries, is heading online and onto mobile devices. For now, the most daunting question involves how to integrate cell phone users. At least 25 percent of Americans use only cell phones. But it is illegal to place robocalls to cell phones. So pollsters who conduct surveys using automated telephone dialing must use a human dialer to conduct live interviews with cell phone respondents. Why make such an effort? Because experts say cell phone users are not only demographically different from landline-only users, but they also tend to have different attitudes. And within another decade, a majority of the U.S. population could be using only cell phones.
Note: For deeply revealing reports from reliable major media sources on serious problems with the US elections process, click here.
Tesla Motors Inc. unveiled a solar-powered charging station ... that it said will make refueling electric vehicles on long trips about as fast as stopping for gas and a bathroom break in a conventional car. CEO Elon Musk said ... that the company's roadside Supercharger has been installed at six highway rest stops in California. The free stations are designed to fully charge Tesla's new Model S sedan in about an hour, and a half-hour-long charge can produce enough energy for a 150-mile trip, he said. The first six, which were developed and deployed in secret, are in Barstow, Hawthorne, Lebec, Coalinga, Gilroy and Folsom. Tesla spokeswoman Christina Ra said they are open only to company employees, but would be available to the public in early October. Musk said his Palo Alto-based company planned to have more stations running throughout California and in parts of Nevada and Oregon by the end of the year, and expected to blanket â€â€almost the entire United States'' within two years. Tesla unveiled the Model S, its first mass-market vehicle, in June. The base model costs sells for $49,900 after a federal tax credit. Along with persuading consumers that electric vehicles are practical, the charging stations were developed with an eye toward alleviating doubts about their environmental effects. Musk said the solar-powered stations in California would produce more clean energy than is needed to keep cars running.
Note: For inspiring reports from reliable major media sources on new developments in automotive and energy technologies, click here.
In the wake of 9/11, Saudi authorities came under criticism in the U.S. for sluggishness in investigating the attacks, in which 15 of the 19 hijackers were Saudi citizens. Now it appears that the U.S. bears some responsibility for the slackness with which leads were pursued. According to several former employees of the U.S. embassy in Riyadh, the FBI legal attaché's office housed within the embassy was often in disarray during the months that followed 9/11. When an FBI supervisor arrived to clean up the mess, she found a mountain of paper and, for security reasons, ordered wholesale shredding that resulted in the destruction of unprocessed documents relating to the 9/11 investigations. In 2001 the FBI's Saudi office comprised a secretary and two agents. The FBI sent reinforcements within two weeks of 9/11, but it appears that the bureau's team never got on top of the thousands of leads flowing in from the U.S. and Saudi governments. When the senior FBI supervisor was sent to the Riyadh office nearly a year after 9/11, she found secret documents literally falling out of file drawers, stacked in binders on tables and wedged behind cabinets, according to an FBI briefing to Congress. The process of sending classified material to the U.S. had fallen so far behind that a backlog of boxes, each filled with three feet of paper containing secret, time-sensitive leads, had built up. The supervisor ordered the shredding of hundreds, perhaps thousands of pages, many of them related directly to the ongoing 9/11 investigation, an FBI briefer told Congress.
Note: For deeply revealing reports from reliable major media sources on questions surrounding the official explanations of the 9/11 attacks, click here.
French scientists said on [September 19] that rats fed on Monsanto's genetically modified corn or exposed to its top-selling weedkiller suffered tumors and multiple organ damage. Gilles-Eric Seralini of the University of Caen and colleagues said rats fed on a diet containing NK603 - a seed variety made tolerant to dousings of Monsanto's Roundup weedkiller - or given water with Roundup at levels permitted in the United States, died earlier than those on a standard diet. The animals on the GM diet suffered mammary tumors, as well as severe liver and kidney damage. The study was published in the peer-reviewed journal Food and Chemical Toxicology and presented at a news conference in London. The researchers said 50 percent of males and 70 percent of females died prematurely, compared with only 30 percent and 20 percent in the control group. GMOs are deeply unpopular in Europe and many other countries, but dominate key crops in the United States after Monsanto in 1996 introduced a soybean genetically altered to tolerate Monsanto's Roundup weed killer. Seralini was part of a team that has voiced previous safety concerns based on a shorter rat study in a scientific paper published in 2009. This new study takes things a step further by tracking the animals throughout their two-year lifespan. Seralini believes his latest lifetime rat tests give a more realistic and authoritative view of risks than the 90-day feeding trials that form the basis of GM crop approvals, since three months is only the equivalent of early adulthood in rats.
Note: For alarming photos and more from the above long-term study on the dangers of GM food, click here. For an incisive, powerful 13-minute video revealing the disturbing results of this first long-term scientific study on GMOs, click here. For an excellent article and a great two-minute video clearly explaining the major dangers of GM food, click here. For a powerful summary of the health risks from GM foods, click here.
It's not an exaggeration to say that almost everyone wants to see the labeling of genetically engineered materials contained in their food products. And on Nov. 6, in what's unquestionably among the most important non-national votes this year, Californians will have the opportunity to make that happen [by voting] on Proposition 37. It would require "labeling on raw or processed food offered for sale to consumers if made from plants or animals with genetic material changed in specified ways." And it would prohibit marketing "such food, or other processed food, as ‘natural.' " Polls show Prop 37 to be overwhelmingly popular: roughly 65 percent for to 20 percent against, with 15 percent undecided. Nationally, on the broader issue of labeling, in answer to the question of whether the Food and Drug Administration should require that "foods which have been genetically engineered or containing genetically engineered ingredients be labeled to indicate that," a whopping 91 percent of voters say yes and 5 percent say no. This is as nonpartisan as an issue gets, and the polls haven't changed much in the last couple of years. Unsurprisingly, Big Food in general - and particularly companies like Monsanto that produce genetically engineered seeds ... have already thrown tens of millions of dollars into defeating Prop 37. In general, as California goes, so goes the nation.
Note: With such a strong mandate, why do no U.S. states have GMO labeling laws? Will the many millions of dollars pumped into the Prop 37 campaign by Monsanto and others sway the voters? We will find out soon. For a powerful summary of the health risks from GMO foods, click here.
The rich got quite a bit richer this past year, according to this year's rankings of the 400 wealthiest Americans. Forbes magazine released its annual list on [September 19], and the combined net worth jumped 13% to $1.7 trillion in 2012, up from $1.5 trillion in 2011. The boost came thanks to the rising stock market and a rebound in real estate values - especially in cities like Los Angeles and New York. Microsoft founder Bill Gates remained at the top of the list, as his net worth rose $7 billion to $66 billion. His pal Warren Buffett, CEO of Berkshire Hathaway, also saw his net worth climb by $7 billion, which helped him retain the number two spot on the list with $46 billion. Another software mogul, Oracle CEO Larry Ellison, enjoyed the biggest increase in wealth of anyone on the list -- a jump of $8 billion. That put his net worth at $41 billion, ranking him No. 3 on the list. The average net worth of a member of the Forbes 400 hit $4.2 billion. That's the highest level it's been in at least a decade, according to the magazine, and up from $3.8 billion last year. The net worth cut off to make the list this year was $1.1 billion. Forbes said that 241 members of the 400 enjoyed an increase in their net worth, while only 66 members suffered a decline.
Note: For deeply revealing reports from reliable major media sources on income inequality, click here.
There is a national crisis of federal employees engaged in the child porn industry and a related epidemic at the state level. Two states, Vermont and Maine ... appear to be running state protected child trafficking rings with evidence of cops, judges, lawyers, clergy and government employees covering for each other. This kind of racketeering creates powerful, and extremely profitable, pedophile rings. Money drives the crime. It is estimated that a criminal willing to molest a child in front of a live webcam can earn $1,000 a night. In Kittery Maine, at the “Danish Health Club,” one bust yielded $6.1 million in “door fees” over a five year period with “prostitutes” earning $12 million. Pimps’ earnings were not reported. The “door man” was a retired police officer whose wife worked in back. Half of all global child porn is produced in America. Ten new images of children are posted daily. Estimates of the global profits from child porn range from $3-20 billion. The Department of Justice (DOJ)’s Child Exploitation and Obscenities unit has been, by many accounts, totally disabled under US Attorney General Eric Holder. Mr. Holder even refused to prosecute his own Assistant United States Attorney caught doing child porn on DOJ computers. Child trafficking and porn are the fastest growing crimes in America. With billions being laundered in black money it makes solid economic sense for the IRS to focus on the child porn industry. Eric Holder’s Department of Justice has demonstrated they have no interest in prosecuting pedophiles, not even their own.
Note: For a suppressed Discovery Channel documentary providing powerful evidence of a child abuse ring that goes to the highest level in government, click here. For deeply revealing reports from reliable major media sources on institutional sexual abuse, click here.
Over two decades, the Boy Scouts of America failed to report hundreds of alleged child molesters to police and often hid the allegations from parents and the public. A Los Angeles Times review of 1,600 confidential files dating from 1970 to 1991 has found that Scouting officials frequently urged admitted offenders to quietly resign — and helped many cover their tracks. Volunteers and employees suspected of abuse were allowed to leave citing bogus reasons such as business demands, "chronic brain dysfunction" and duties at a Shakespeare festival. The details are contained in the organization's confidential "perversion files," a blacklist of alleged molesters, that the Scouts have used internally since 1919. Scouts' lawyers around the country have been fighting in court to keep the files from public view. As The Times reported in August, the blacklist often didn't work: Men expelled for alleged abuses slipped back into the program, only to be accused of molesting again. Now, a more extensive review has shown that Scouts sometimes abetted molesters by keeping allegations under wraps. In the majority of cases, the Scouts learned of alleged abuse after it had been reported to authorities. But in more than 500 instances, the Scouts learned about it from boys, parents, staff members or anonymous tips. In about 400 of those cases — 80% — there is no record of Scouting officials reporting the allegations to police. In more than 100 of the cases, officials actively sought to conceal the alleged abuse or allowed the suspects to hide it.
Note: For a list giving details of Boy Scout leaders who sexually abused scouts with impunity, click here. For deeply revealing reports from reliable major media sources on institutional sexual abuse, click here.
Rumors are flying in Washington. Were White House staff involved with prostitutes in Colombia? Fox News' Jana Winter reported that a high-ranking Secret Service agent told Fox “we knew very early on that White House staff were involved.” The Pentagon’s report, "AR 15-6 Investigation into Military Misconduct at the 2012 Summit of the Americas in Cartagena, Colombia," is very telling. Paragraph B(3) reports that 12 US military members brought prostitutes to their hotel room but paragraph 8, page 2 notes only 11 of the women were verified to be over 18 years old. What happened to the other woman? Was she, in fact, a child and the Pentagon is covering this up as they have covered up the wide-spread use of child porn by senior Pentagon staff, some with top level security clearances, on Pentagon computers? The sub-heading “White House Communications Agency Personal” in the Pentagon’s AR 15-6 report is entirely redacted. Is it possible that the “prostitutes” involved were trafficked children used by White House staff and not Secret Service agents? Has the Secret Service been forced to take the blame and cover up possible child sex abuse by the White House? It is doubtful that DHS’s Inspector General will provide a full report of what really happened in Colombia since President Obama’s administration has gone after whistleblowers and disabled the Inspector General’s as never before seen.
Note: For a suppressed Discovery Channel documentary providing powerful evidence of a child abuse ring that goes to the highest level in government, click here. For deeply revealing reports from reliable major media sources on institutional sexual abuse, click here.
A Philadelphia man who claims to have been paid to have sex with former Poly Prep football coach Phil Foglietta in 1979 as part of an alleged pedophile ring that included Jerry Sandusky sent an email to several Poly Prep officials on Monday ... detailing the explosive allegation. Greg Bucceroni, 48, also sent the email to Kevin Mulhearn, the Orangeburg, N.Y., attorney who represents 12 men who sued the school, alleging Poly Prep officials knew that Foglietta was a sexual predator but covered it up for decades in order to protect the elite institution's reputation and fund-raising efforts. Bucceroni says he was a teenager when he said he met Foglietta at a Second Mile fund-raiser near State College, Pa. The Second Mile organization, which helped at-risk youths, was founded in 1977 by Sandusky, the former Penn State football coach who was convicted on 45 counts of sexual abuse of minors in June. Sandusky, who is scheduled to be sentenced next month, is expected to spend the rest of his life in prison. In the email to Poly Prep, Bucceroni said he was "a child prostitute" and was associated with a pedophile ring that included Sandusky, Foglietta, now-deceased Philadelphia businessman Ed Savitz and former Wharton School of Business professor Lawrence Scott Ward, who is serving a lengthy prison sentence for trafficking in child porn and smuggling photos and videos of himself having sex with a teenage Brazilian boy.
Note: We don't generally use the New York Daily News as a source, yet as this one is backed by a Washington Post report and others, we are including it here. For a suppressed Discovery Channel documentary providing powerful evidence of a child abuse ring that goes to the highest level in government, click here. For deeply revealing reports from reliable major media sources on institutional sexual abuse, click here.
Gaeton Fonzi was one of the most relentless investigators on the House Select Committee on Assassinations in the late 1970s, remembered by former colleagues with [awe at] his pursuit of the full story behind the assassination of President John F. Kennedy. Mr. Fonzi was also the staff member most publicly dismayed by the committee’s final report, which concluded in 1979 that the president “was probably assassinated as a result of a conspiracy.” Of course it was a conspiracy, said Mr. Fonzi, a journalist recruited mainly on the strength of scathing magazine critiques he had written about the Warren Commission and its conclusion that Lee Harvey Oswald had acted alone in killing the president in Dallas on Nov. 22, 1963. But who were the conspirators? What was their motive? How could the committee close its doors without the answers? Mr. Fonzi ... nailed those questions to the committee’s locked doors, figuratively, in a long article he wrote the next year for Washingtonian magazine and in a 1993 book, The Last Investigation. In both, he chronicled the near-blanket refusal of government intelligence agencies, especially the C.I.A., to provide the committee with documents it requested. And he accused committee leaders of folding under pressure — from Congressional budget hawks, political advisers and the intelligence agencies themselves — just as promising new leads were emerging. “Is it unrealistic to desire, for something as important as the assassination of a president, an investigation unbound by political, financial or time restrictions?” he asked.
Note: For the government report stating that Kennedy's assassination was like the result of a conspiracy and other revealing reports from reliable major media sources on political assassinations, click here.
The Trans-Pacific Partnership Agreement (TPP), a pact that the United States is negotiating with Australia, Canada, Japan and eight other countries in the Pacific region ... is packaged as a "free trade" agreement. This label will force all of the respectable types in Washington to support it. The TPP is an effort ... to impose conditions and override domestic laws in a way that would be almost impossible if the proposed measures had to go through the normal legislative process. The expectation is that by lining up powerful corporate interests, the governments will be able to ram this new "free trade" pact through legislatures on a take-it-or-leave-it basis. At this point, it's not really possible to discuss the merits of the TPP since the governments are keeping the proposed text a secret from the public. Only the negotiators themselves and a select group of corporate partners have access to the actual document. One major focus ... will be stronger protection for intellectual property. In the case of recorded music and movies, we might see provisions similar to those that were in the Stop Online Privacy Act (Sopa). Since these measures were hugely unpopular, Sopa could probably never pass as a standalone piece of legislation. But tied into a larger pact and blessed with "free trade" holy water, the entertainment industry may be able to get what it wants. The pharmaceutical industry is also likely to be a big gainer from this pact. It has decided that the stronger patent rules that it inserted in the 1995 WTO agreement don't go far enough. It wants stronger and longer patent protection and also increased use of "data exclusivity".
Note: For more information and a petition against the TPP, click here. For deeply revealing reports from reliable major media sources on government corruption, click here.
A California congressman at the center of a legal battle with the White House ... asked U.S. trade officials to let him sit in on negotiations in San Diego next week between the United States and other countries in the Asia-Pacific region. "Given the immense impact that this agreement will have on many areas of the American economy, including intellectual property, I respectfully request that you allow me and certain members of my staff to be present as observers for this round of negotiations," Republican lawmaker Darrell Issa said in a letter to U.S. Trade Representative Ron Kirk. The unusual request to join the San Diego talks on the proposed Trans-Pacific Partnership (TPP) pact, and a separate letter on Wednesday from about 130 congressional Democrats, reflect the anxiety many lawmakers are feeling about trade agreements, even though Congress last year overwhelmingly approved three such pacts -- with South Korea, Colombia and Panama. The roughly 130 Democratic lawmakers, in their letter, urged U.S. Trade Representative Ron Kirk to release draft texts under negotiation and "to engage in broader and deeper consultations" with members of Congress on U.S. laws and regulations they said he could be affected by the pact. Those include areas such as labor, patent and copyright, land use, food, agriculture, natural resources, the environment, state-owned enterprises, government procurement and regulations for financial services, healthcare, energy and telecommunications, the lawmakers said.
Note: For more information and a petition against the TPP, click here. For deeply revealing reports from reliable major media sources on government corruption, click here.
Before he died on Sept. 8, Adnan Farhan Abdul Latif had spent close to 4,000 days and nights in the American prison at Guantánamo Bay, Cuba. He was found unconscious, alone in his cell, thousands of miles from home and family in Yemen. Like so many men still imprisoned at Guantánamo, Mr. Latif was fleeing American bombing - not fighting - when he was apprehended by the Pakistani police near the Afghan border and turned over to the United States military. He was never charged with a crime. The United States government claims the legal authority to hold men like Mr. Latif until the "war on terror" ends, which is to say, forever. Setting aside this troubling legal proposition, his death and the despair he endured in the years preceding it remind us of the toll Guantánamo takes on human beings. Adnan Latif is the human face of indefinite detention. [In 2010] a United States District Court judge hearing Mr. Latif’s habeas corpus petition ordered him released, ruling that the accusations against him were "unconvincing" and that his detention was "not lawful." By that time, Mr. Latif had been cleared for release from Guantánamo on three separate occasions, including in 2009 by the Obama administration’s multiagency Guantánamo Review Task Force. Nevertheless, the Department of Justice appealed the district court’s decision to the United States Court of Appeals for the District of Columbia Circuit - which has ruled in the government’s favor in nearly every habeas corpus appeal it has heard.
Note: For deeply revealing reports from reliable major media sources on civil liberties, click here.
Federal and state authorities are investigating [several] major American banks for failing to monitor cash transactions in and out of their branches, a lapse that may have enabled drug dealers and terrorists to launder tainted money. Regulators, led by the Office of the Comptroller of the Currency, are close to taking action against JPMorgan Chase for insufficient safeguards. The agency is also scrutinizing several other Wall Street giants, including Bank of America. In addition to the comptroller, prosecutors from the Justice Department and the Manhattan district attorney’s office are investigating several financial institutions in the United States. The surge in investigations, compliance experts say, is coming now because authorities were previously inundated with problems stemming from the 2008 financial turmoil. Until now, investigators have primarily focused on financial transactions at European banks. The authorities accused several foreign banks of flouting American law by transferring billions of dollars on behalf of sanctioned nations. As the investigation shifts to American shores, the Justice Department and the Manhattan district attorney’s office are moving beyond those violations to focus on money-laundering, in which criminals around the globe try to hide illicit funds in United States bank accounts.
Note: For deeply revealing reports from reliable major media sources on financial corruption, click here.
The Justice Department is going through thousands of cases from the days before DNA testing to see whether the government exaggerated the significance of the FBI's hair analysis. The review, the largest in U.S. history, will focus on work by FBI Laboratory hair and fiber examiners since at least 1985, the Washington Post reported. A reporter at the Post had been working on a story about Donald Gates, a D.C. man released after DNA evidence proved his innocence, when he learned about Frederic Whitehurst, an FBI lab chemist who blew the whistle on the FBI Laboratory in the mid-1990s. Whitehurst said he watched colleagues contaminate evidence and, in court, overstate the significance of their matches. When Whitehurst, a chemist with a doctoral degree from Duke, arrived at the FBI crime lab in 1986, the first thing he noticed was that the place was, as he called it, a pigsty. The equipment was outdated and there was a film of black soot coating the counters – a dust from the vents that the agents called “black rain.” After the first World Trade Center bombing, Whitehurst testified that supervisors pressured him to concoct misleading scientific reports. When he refused to testify that a urea nitrate bomb had been the source of the explosion, the FBI found another lab technician to testify. He learned that an agent had, for the previous nine years, rewritten his scientific reports to support the prosecution.
Note: For deeply revealing reports from reliable major media sources on intelligence agency corruption, click here.
Marijuana, already shown to reduce pain and nausea in cancer patients, may be promising as a cancer-fighting agent against some of the most aggressive forms of the disease. A growing body of early research shows a compound found in marijuana - one that does not produce the plant's psychotropic high - seems to have the ability to "turn off" the activity of a gene responsible for metastasis in breast and other types of cancers. Two scientists at San Francisco's California Pacific Medical Center Research Institute first released data five years ago that showed how this compound - called cannabidiol - reduced the aggressiveness of human breast cancer cells in the lab. "The preclinical trial data is very strong, and there's no toxicity. There's really a lot of research to move ahead with and to get people excited," said Sean McAllister, who along with scientist Pierre Desprez, has been studying the active molecules in marijuana - called cannabinoids - as potent inhibitors of metastatic disease for the past decade. Martin Lee, director of Project CBD, [a] group that works to raise awareness of the scientific promise of the compound, described the cannabidiol research as potent both as a medicine and a myth buster. "It debunks the idea that medicinal marijuana is really about people wanting to get stoned," said Lee, author of Smoke Signals, a book published last month about the medical and social history of marijuana. "Why do they want it when it doesn't even get them high?"
Note: For an educational, 45-minute documentary on this topic titled "What if Cannabis Cured Cancer?," click here. For an informative 15-minute documentary on the health benefits of juicing raw cannabis, click here. For deeply inspiring reports from reliable sources, click here.
Early findings from the most comprehensive large study ever undertaken of the relationship between diet and the risk of developing disease are challenging much of American dietary dogma. The study, being conducted in China, paints a bold portrait of a plant-based eating plan that is more likely to promote health than disease. Among the first tantalizing findings are these: Obesity is related more to what people eat than how much. Adjusted for height, the Chinese consume 20 percent more calories than Americans do, but Americans are 25 percent fatter. The main dietary differences are fat and starch. The Chinese eat only a third the amount of fat Americans do, while eating twice the starch. The body readily stores fat but expends a larger proportion of the carbohydrates consumed as heat. Some of the differences may be attributable to exercise. Reducing dietary fat to less than 30 percent of calories, as is currently recommended for Americans, may not be enough to curb the risk of heart disease and cancer. To make a significant impact, the Chinese data imply, a maximum of 20 percent of calories from fat - and preferably only 10 to 15 percent - should be consumed. Eating a lot of protein, especially animal protein, is also linked to chronic disease. Americans consume a third more protein than the Chinese do, and 70 percent of American protein comes from animals, while only 7 percent of Chinese protein does. Those Chinese who eat the most protein, and especially the most animal protein, also have the highest rates of the ''diseases of affluence'' like heart disease, cancer and diabetes.
Note: For a highly rated book about this landmark study, click here. For deeply revealing reports from reliable major media sources on health issues, click here.
Agents of the Federal Bureau of Investigation committed widespread acts of unauthorized lawlessness including the burning of automobiles, assaults and illegal wiretapping, while conducting internal security investigations in the last five years, law enforcement sources said. Militant antiwar activists at Queens College in Flushing were one target of illegal and unauthorized electronic surveillance. Agents placed illegal "wildcat" telephone taps and electronic bugs, the sources said, ... because these were often the best methods of getting intelligence on militant leftist activity. Agents would disguise the source of the information in their reports to make it appear that it came from live informants. One source said, however, that he believed that supervisory F.B.I. personnel were "aware" that information was coming from taps but did nothing about it. Car burnings and assaults upon individuals in the radical left were efforts to disrupt antiwar activity. The cars were set afire with "Molotov cocktails" made from glass bottles filled with gasoline. This was done in such a manner as to appear to have been an attack by another extremist group. Cars were also disabled to strand suspects during a surveillance. Agents, the sources said, from time to time "roughed up" radical antiwar figures to frighten them or to disrupt a demonstration or protest activity. At least one radical was kidnapped for the same reason. One source said that the victim of a beating was never seriously hurt because agents did not want to create a situation that might be traced to the bureau. The victim, this source said, would not know he was attacked by bureau men.
Note: The above link requires a small payment to view the article on the Times website. To view it free, click here. For deeply revealing reports from reliable major media sources on intelligence agency corruption, click here.
Attorneys for jailed former Swiss banker Bradley Birkenfeld announced [on September 11] that the IRS will pay him $104 million as a whistleblower reward for information he turned over to the US government. The information Birkenfeld revealed detailed the inner workings of the secretive private wealth management division of the Swiss bank UBS, where the American-born Birkenfeld helped his US clients evade taxes by hiding wealth overseas. Tuesday's announcement represents an astonishing turn of fortune for Birkenfeld, who was released from federal prison in August after serving 31 months on charges relating to his efforts to help a wealthy client avoid taxes. Birkenfeld attorney Stephen Kohn said the information the former Swiss banker turned over to the IRS led directly to the $780 million fine paid to the US by his former employer, UBS, as well as leading over 35,000 taxpayers to participate in amnesty programs to voluntarily repatriate their illegal offshore accounts. That resulted in the collection of over $5 billion dollars in back taxes, fines and penalties that otherwise would have remained outside the reach of the government. Birkenfeld's disclosures also led to the first cracks in the legendarily secretive Swiss banking system, and ultimately the Swiss government changed its tax treaty with the United States. UBS turned over the names of more than than 4,900 U.S. taxpayers who held illegal offshore accounts. Investigations into those accounts are ongoing.
Note: For deeply revealing reports from reliable major media sources on the collusion between financial corporations and government regulators, click here.
Important Note: Explore our full index to revealing excerpts of key major media news stories on several dozen engaging topics. And don't miss amazing excerpts from 20 of the most revealing news articles ever published.