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Revealing News For a Better World

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.


Mystery surrounds graves at boys' reform school
2012-10-13, CNN
Posted: 2012-10-23 09:52:52
http://www.cnn.com/2012/10/13/us/florida-graves-mystery/index.html

This Florida panhandle town is the home of a mystery that has been lost to time. A small cemetery buried deep into the grounds of a now-defunct boys reform school dates back to the early 1900s. Rusting white steel crosses mark the graves of 31 unidentified former students. Former students said the deaths were at the hands of abusive administrators. A 2009 state investigation determined there was no evidence of criminal activity connected with any of the deaths. But the investigation did not clear up the mystery over the fate of 50 other students who died at the school and whose bodies have not been accounted for. In the wake of that investigation, more former students -- who are now senior citizens -- have come forward with stories of abuse at the school, including alleged beatings, killings and the disappearance of students, during the 1940s, '50s and '60s. "These are children who came here and died, for one reason or another, and have just been lost in the woods," said Dr. Erin Kimmerle, an anthropologist from the University of South Florida who is leading a scientific search on the grounds of what used to be the Florida Industrial School for Boys. Using ground-penetrating radar, Kimmerle's team has located what she says appear to be 18 more remains than previously thought to have been buried there. After clearing the area, her team has determined that a total of 49 graves exist. All are unidentified. "We found burials within the current marked cemetery, and then we found burials that extend beyond that," Kimmerle said.

Note: For deeply revealing reports from reliable major media sources on institutional abuse of children, click here.


Iraq records huge rise in birth defects
2012-10-14, The Independent (One of the UK's leading newspapers)
Posted: 2012-10-23 09:41:28
http://www.independent.co.uk/life-style/health-and-families/health-news/iraq-...

It played unwilling host to one of the bloodiest battles of the Iraq war. Fallujah's homes and businesses were left shattered; hundreds of Iraqi civilians were killed. Its residents changed the name of their "City of Mosques" to "the polluted city" after the United States launched two massive military campaigns eight years ago. A new study reports a "staggering rise" in birth defects among Iraqi children conceived in the aftermath of the war. High rates of miscarriage, toxic levels of lead and mercury contamination and spiralling numbers of birth defects ranging from congenital heart defects to brain dysfunctions and malformed limbs have been recorded. Even more disturbingly, they appear to be occurring at an increasing rate in children born in Fallujah, about 40 miles west of Baghdad. There is "compelling evidence" to link the increased numbers of defects and miscarriages to military assaults, says Mozhgan Savabieasfahani, one of the lead authors of the report and an environmental toxicologist at the University of Michigan's School of Public Health. Similar defects have been found among children born in Basra after British troops invaded, according to the new research. American forces later admitted that they had used white phosphorus shells, although they never admitted to using depleted uranium, which has been linked to high rates of cancer and birth defects. The new findings, published in the Environmental Contamination and Toxicology bulletin, will bolster claims that US and Nato munitions used in the conflict led to a widespread health crisis in Iraq.

Note: For deeply revealing reports from reliable major media sources on US and UK atrocities committed in their wars of aggression against Iraq and Afghanistan, click here.


Brad Pitt blasts U.S. 'War on Drugs,' calls for policy rethink
2012-10-13, Chicago Tribune/Reuters
Posted: 2012-10-23 09:37:03
http://www.chicagotribune.com/entertainment/sns-rt-us-houseilivein-bradpittbr...

Brad Pitt has thrown his weight behind a documentary that blasts America's 40-year war on drugs as a failure, calling policies that imprison huge numbers of drug-users a "charade" in urgent need of a rethink. The Hollywood actor [recently became] an executive producer of filmmaker Eugene Jarecki's "The House I Live In," which won the Grand Jury Prize in January at the Sundance Film Festival. The film opened in wide release in the United States on [October 12]. Ahead of a Los Angeles screening, Pitt and Jarecki spoke passionately about the "War on Drugs" which, according to the documentary, has cost more than $1 trillion and accounted for over 45 million arrests since 1971, and which preys largely on poor and minority communities. "It's such bad strategy. It makes no sense. It perpetuates itself. You make a bust, you drive up profit, which makes more people want to get into it," he added. "To me, there's no question; we have to rethink this policy and we have to rethink it now." "The House I Live In" was filmed in more than 20 states and tells stories from many sides of the issue, including Jarecki's African-American nanny, a drug dealer, narcotics officer, inmate, judge, grieving mother, senator and others. It also shows that although the United States accounts for only 5 percent of the world's population, it has 25 percent of its prison population. Additionally, African Americans, who make up roughly 13 percent of the population and 14 percent of its drug users, account for 56 percent of those incarcerated for drug crimes.

Note: Some believe that whenever the government declares a war on something, the result is an increase in that thing. For deeply revealing reports from reliable major media sources on government corruption, click here.


UK blocks hacker McKinnon's extradition to U.S.
2012-10-16, CNN
Posted: 2012-10-23 09:33:30
http://www.cnn.com/2012/10/16/world/europe/uk-us-mckinnon-extradition/index.html

The UK government [today] blocked the extradition of computer hacker Gary McKinnon to the United States to face trial for what the U.S. government says is the biggest military computer hacking of all time. Home Secretary Theresa May said McKinnon was accused of serious crimes -- but that "there is also no doubt that he is seriously ill." The extradition order against McKinnon should be withdrawn because his Asperger syndrome and depressive illness meant "there is such a high risk of him ending his own life that a decision to extradite would be incompatible with his human rights," she said. McKinnon has admitted to breaking into computers at NASA and the Pentagon but says he did so to find out if the U.S. government was covering up the existence of UFOs. The 46-year-old has fought a decade-long battle against extradition.

Note: For deeply revealing reports from reliable major media sources on UFOs, click here.


Koch Brothers' 'Pro-Romney' Letter To Staff: Is Koch PAC Non-Partisan, As They Claim?
2012-10-15, Forbes.com
Posted: 2012-10-23 09:32:02
http://www.forbes.com/sites/clareoconnor/2012/10/15/koch-brothers-pro-romney-...

[The] liberal political magazine In These Times obtained and published a packet of voting information sent to 45,000 employees of Koch Industries paper subsidiary Georgia-Pacific. The materials include a list of Koch-endorsed candidates — those who “have received support from a Koch company or Koch PAC”, the company’s political action committee. For Oregon staffers, that list is comprised solely of Republicans: 14 of them at state level, plus the Romney/Ryan presidential ticket. Koch Industries’ Koch PAC has indeed supported Democrats this election, but only to the tune of $23,500, backing four Democrats in Congressional races. By contrast, Koch PAC has spent $1.162 million on Republican candidates for the House, plus another $152,000 on GOP Senate hopefuls. FEC disclosures show that the Koch Industries group donated $25,000 to the the official Romney/Ryan fundraising committee in August, as well as $30,000 each to the National Republican Congressional Committee, National Republican Senatorial Committee and Republican National Committee. In fact, Koch PAC’s giving has become increasingly partisan over the years. The group’s donations to Democratic candidates make up 1.7% of their federal expenditure so far this election cycle, versus just over 15% in 2008 and just under 22% in 2004.

Note: For deeply revealing reports from reliable major media sources on electoral corruption, click here.


Most expired drugs work fine, study says
2012-10-16, San Francisco Chronicle (SF's leading newspaper)
Posted: 2012-10-23 09:30:33
http://www.sfgate.com/health/article/Most-expired-drugs-work-fine-study-says-...

Thinking about going through your medicine cabinet and throwing out all your expired prescriptions? That might not be necessary, according to a UCSF-led study. Researchers analyzed eight prescription drugs with 15 active ingredients that expired between 28 and 40 years ago and found that most remained just as potent as they were on the day they were made. In 12 of the 14 drug compounds, or 86 percent of the time, the amount of active ingredient present in the drugs was at least 90 percent of the amount indicated on the label. That's well within the "reasonable variation" allowed by the U.S. Food and Drug Administration of 90 percent to 110 percent. Only two compounds - aspirin and the stimulant amphetamine - fell below the 90 percent threshold. Another medication, the painkiller phenacetin, fell below the threshold in one sample but was found in levels greater than 90 percent in another. The study was published online last week in the Archives of Internal Medicine.

Note: A drug listed expired as 40 years ago is still just as potent as the day it was made. Could short expiration dates be an example of drug companies finding a way to make more money through unnecessary disposal of older medications?


Where Shoes Listen and Coins Kill
2012-05-17, New York Times
Posted: 2012-10-23 09:27:41
http://www.nytimes.com/2012/05/18/arts/design/spy-secret-world-of-espionage-a...

In 1953 ... the Central Intelligence Agency began a top-secret program called MK Ultra. It included exotic projects that decades later provided much critical fodder for commentators and comedians: exploding cigars, poison-laced toothpaste, hallucinogenic serums. And as [revealed] in a video interview with professional spies at the exhibition "Spy: The Secret World of Espionage," ... at Discovery Times Square, it even included the hiring of a magician, John Mulholland, as a C.I.A. consultant. Drawn from the immense private collection of the intelligence historian H. Keith Melton, and the collections of the C.I.A., the Federal Bureau of Investigation and the National Reconnaissance Office, are objects ranging from a poisoned needle, hidden inside a coin, to [a] well-preserved rat with a velcroed body cavity that was used by Americans in Moscow for exchanges of information without agents' actually meeting. The rodent, treated with hot pepper sauce to discourage scavenging cats, was easily tossed from a passing car for these "dead drops." The gadgets here are full of concealments and misdirection; nothing is what it seems. But the objects selected by Mr. Melton - whose collection of over 9,000 spy devices, books and papers has also helped stock the International Spy Museum in Washington - are not presented simply for sensation's sake. We end up glimpsing what these ordinary objects actually accomplished and what was at stake when they were used. The show could have been stronger if that context had been made clearer, but even with its gadget-centered focus, we learn that this great bag of tricks was no mere game.

Note: For deeply revealing reports from reliable major media sources on the games intelligence agencies play, click here.


Philippines and Muslim rebels sign key peace plan
2012-10-15, BBC News
Posted: 2012-10-23 09:25:34
http://www.bbc.co.uk/news/world-asia-19944101

The Philippines has signed a framework peace plan with the country's largest Muslim rebel group, the Moro Islamic Liberation Front (MILF). The deal follows lengthy negotiations aimed at ending a 40-year conflict that has cost an estimated 120,000 lives. The agreement was reached in early October after talks in Malaysia. It provides for a new autonomous region in part of the south where Muslims are a majority in a mainly Catholic nation. The framework deal was signed by the chief negotiators of the government and the rebels, and witnessed by President Benigno Aquino and MILF leader Murad Ebrahim at the presidential palace in Manila. In the rebels' main headquarters, there is a real sense of optimism about this deal. Hundreds of fighters converged here from their jungle hideouts, to listen to the signing of the agreement being relayed on loudspeakers. They excitedly posed for photos with each other to mark the occasion. But these rebels - like both sides on the negotiating panel - know this is only the start of a long process. The new autonomous region would be named Bangsamoro, after the Moros - or Moors, which was how the Spanish used to refer to the followers of Islam - living there. The draft agreement would give the leaders of Bangsamoro more political and economic powers, and provides for the gradual transfer of law enforcement from the army to the Bangsamoro police in a "phased and gradual manner". The framework also promises the people a "just and equitable share" of the region's abundant natural resources, and pledges to address the needs of poverty-stricken communities.

Note: This is one of many hopeful signs in our world. The intense Aceh conflict in Indonesia which lasted may decades and took many thousands of lives has also now been resolved peacefully.


The Secret (Insurance) Agent Men
2000-09-22, Los Angeles Times
Posted: 2012-10-23 09:20:05
http://articles.latimes.com/2000/sep/22/news/mn-25118

They knew which factories to burn, which bridges to blow up, which cargo ships could be sunk in good conscience. They had pothole counts for roads used for invasion and head counts for city blocks marked for incineration. They weren't just secret agents. They were secret insurance agents. These undercover underwriters gave their World War II spymasters access to a global industry that both bankrolled and, ultimately, helped bring down Adolf Hitler's Third Reich. Newly declassified U.S. intelligence files tell the remarkable story of the ultra-secret Insurance Intelligence Unit, a component of the Office of Strategic Services, a forerunner of the CIA, and its elite counterintelligence branch X-2. Though rarely numbering more than a half dozen agents, the unit gathered intelligence on the enemy's insurance industry, Nazi insurance titans and suspected collaborators in the insurance business. But, more significantly, the unit mined standard insurance records for blueprints of bomb plants, timetables of tide changes and thousands of other details about targets, from a brewery in Bangkok to a candy company in Bergedorf. "They used insurance information as a weapon of war," said Greg Bradsher, a historian and National Archives expert on the declassified records. That insurance information was critical to Allied strategists, who were seeking to cripple the enemy's industrial base and batter morale by burning cities.


Is this the year that the food movement finally enters politics?
2012-10-10, New York Times
Posted: 2012-10-16 10:53:46
http://www.nytimes.com/2012/10/14/magazine/why-californias-proposition-37-sho...

California’s Proposition 37, which would require that genetically modified (G.M.) foods carry a label, has the potential ... to change the politics of food not just in California but nationally too. Genetically modified foods don’t offer the eater any benefits whatsoever — only a potential, as yet undetermined risk. Monsanto and its allies have fought the labeling of genetically modified food ... vigorously since 1992, when the industry managed to persuade the [F.D.A.] — over the objection of its own scientists — that the new crops were “substantially equivalent” to the old and so did not need to be labeled, much less regulated. The F.D.A. policy was co-written by a lawyer whose former firm worked for Monsanto. More than 60 other countries have seen fit to label genetically modified food, including those in the European Union, Japan, Russia and China. Monsanto and DuPont, the two leading merchants of genetically modified seed, have invested more than $12 million to defeat Prop 37. Americans have been eating genetically engineered food for 18 years, and as supporters of the technology are quick to point out, we don’t seem to be dropping like flies. But they miss the point. The fight over labeling G.M. food is not foremost about food safety or environmental harm, legitimate though these questions are. The fight is about the power of Big Food. Monsanto has become the symbol of everything people dislike about industrial agriculture: corporate control of the regulatory process; lack of transparency (for consumers) and lack of choice (for farmers); an intensifying rain of pesticides; and the monopolization of seeds, which is to say, of the genetic resources on which all of humanity depends.

Note: To learn more about the revolving door between Monsanto and the FDA, click here. To read about many suppressed scientific studies which showed the GM foods were often harmful and sometimes even lethal to a variety of lab animals, click here. To watch a powerful video showing clearly how Monsanto has attacked those who will not use their GM seeds, click here.


The case for Prop. 37
2012-10-11, Los Angeles Times
Posted: 2012-10-16 10:52:23
http://www.latimes.com/news/opinion/commentary/la-oe-imhoff-prop-37-gmo-label...

Proposition 37 ... is rooted in a simple premise: Consumers have the right to know if their food is produced using genetic engineering. It's been standard practice in all member countries of the European Union for years. The latest published research shows that 61 countries have some form of mandatory labeling for foods containing genetically modified crop ingredients. The companies that sell genetically modified seeds and manufactured foods argue that American consumers don't need such detailed labels. They say, "Just trust us." That is a lot to ask. Product labels are the front line of consumer protection. Research and development on genetically engineered products ... are largely done by private sector, not public sector, scientists because companies very aggressively protect their patents. The level of secrecy and the combative nature of the industry fuel public distrust. Unfortunately, consumers cannot look to the federal government to increase their trust. Some government officials in positions that make policy on genetically engineered products may hold biases born of their previous jobs with GMO seed companies. Distrust is amplified by questions over who really benefits from GMO foods. As we saw in the multibillion-dollar tobacco case settlement in 1998, companies cannot always be trusted to put health before profit. Another concern is the skyrocketing price of seed for farmers. Finally, GMO products on the market offer American consumers no clear benefits. Proposition 37 simply requires basic transparency and truthful packaging, and companies would have 18 months to implement it. And it would protect consumers' right to know in a product category central to health.

Note: For a powerful essay showing the harmful effects of genetically modified foods, click here.


TV ad against food labeling initiative Proposition 37 is pulled
2012-10-04, Los Angeles Times
Posted: 2012-10-16 10:50:56
http://www.latimes.com/business/money/la-fi-mo-anti-proposition-37-ad-pulled-...

A television spot opposing Proposition 37, the genetically engineered food labeling initiative, was pulled briefly this week to better identify a think-tank researcher attacking the ballot issue. The controversy came as the opponents of the ballot measure, with $35 million in contributions from the food industry and biochemical firms, expanded a week-old television advertising blitz. [The] No on 37 spot ... featured an academic, identified on screen as “Dr. Henry I. Miller M.D., Stanford University, founding dir. FDA Office of Technology.” He is standing in an ornately vaulted campus walkway. Lawyers for the Proposition 37 campaign complained to Stanford’s general counsel, noting that the Stanford ID on the screen appeared to violate the university’s policy against use of the Stanford name by consultants. What’s more, Miller is not a Stanford professor but, rather, a research fellow at the Hoover Institution, a conservative think tank housed on the Stanford campus, the letter said. Stanford agreed. The university, spokeswoman Lisa Lapin said, “doesn’t take any positions on candidates or ballot measures, and we do not allow political filming on campus.” The filmmakers also are removing “the campus from the background of the video," she said. Stanford’s request to edit the Miller video "is proof positive of the lack of credibility and lack of integrity of the No on 37 campaign,” said Yes on 37 spokeswoman Stacy Malkan.

Note: This Henry Miller is the same scientist who, according to Forbes, stated that some people could benefit from the low levels of radiation released by the Fukushima meltdowns, and has argued strongly for the reintroduction of DDT. Do you think he might be a little biased towards big business? For lots more questionable behavior by this supposed expert, click here.


Networks, AP cancel exit polls in 19 states
2012-10-04, Washington Post blog
Posted: 2012-10-16 10:48:59
http://www.washingtonpost.com/blogs/the-fix/wp/2012/10/04/networks-ap-cancel-...

Breaking from two decades of tradition, this year’s election exit poll is set to include surveys of voters in 31 states, not all 50 as it has for the past five presidential elections, according to multiple people involved in the planning. The decision by the National Election Pool — a joint venture of the major television networks and The Associated Press — is sure to cause some pain to election watchers across the country. Voters in the excluded states will still be interviewed as part of a national exit poll, but state-level estimates of the partisan, age or racial makeups of electorates won’t be available as they have been since 1992. The lack of data may hamper election night analyses in some states, and it will almost certainly limit post-election research for years to come. Here is a list of the states that will be excluded from coverage: Alaska, Arkansas, Delaware, District of Columbia, Georgia, Hawaii, Idaho, Kentucky, Louisiana, Nebraska, North Dakota, Oklahoma, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, West Virginia and Wyoming.

Note: How sad that the one poll considered to be the most reliable is being cancelled in 19 states. This opens the door wide to elections manipulation. For deeply revealing reports from reliable major media sources on the flawed electoral system in the US, click here.


Top 1% Got 93% of Income Growth as Rich-Poor Gap Widened in U.S.
2012-10-02, San Francisco Chronicle/Bloomberg News
Posted: 2012-10-16 10:47:29
http://www.sfgate.com/business/bloomberg/article/Top-1-Got-93-of-Income-Growt...

The U.S. has gone through two recoveries. The 1.2 million households whose incomes put them in the top 1 percent of the U.S. saw their earnings increase 5.5 percent last year, according to estimates released last month by the U.S. Census Bureau. Earnings fell 1.7 percent for the 96 million households in the bottom 80 percent -- those that made less than $101,583. The recovery that officially began in mid-2009 hasn’t arrived in most Americans’ paychecks. In 2010, the top 1 percent of U.S. families captured as much as 93 percent of the nation’s income growth, according to a March paper by Emmanuel Saez, a University of California at Berkeley economist who studied Internal Revenue Service data. The earnings gap between rich and poor Americans was the widest in more than four decades in 2011, Census data show, surpassing income inequality previously reported in Uganda and Kazakhstan. The notion that each generation does better than the last -- one aspect of the American Dream -- has been challenged by evidence that average family incomes fell last decade for the first time since World War II. In this recovery it’s proved better to own stock than a house. For stockholders ... the value of all outstanding shares has soared $6 trillion to $17 trillion since June 2009, the recession’s end. Even after a recent rebound, the value of owner-occupied housing, the chief asset of most middle- income families, has dropped $41 billion in the same period, part of a $5.8 trillion loss in home values since 2006.

Note: For deeply revealing reports from reliable major media sources on income inequality, click here.


The Self-Destruction of the 1 Percent
2012-10-14, New York Times
Posted: 2012-10-16 10:46:11
http://www.nytimes.com/2012/10/14/opinion/sunday/the-self-destruction-of-the-...

In the early 14th century, Venice was one of the richest cities in Europe. By 1500, Venice’s population was smaller than it had been in 1330. In the 17th and 18th centuries, as the rest of Europe grew, the city continued to shrink. The story of Venice’s rise and fall is told by the scholars Daron Acemoglu and James A. Robinson, in their book Why Nations Fail: The Origins of Power, Prosperity, and Poverty, as an illustration of their thesis that what separates successful states from failed ones is whether their governing institutions are inclusive or extractive. Extractive states are controlled by ruling elites whose objective is to extract as much wealth as they can from the rest of society. Inclusive states give everyone access to economic opportunity; often, greater inclusiveness creates more prosperity, which creates an incentive for ever greater inclusiveness. The history of the United States can be read as one such virtuous circle. But as the story of Venice shows, virtuous circles can be broken. Elites that have prospered from inclusive systems can be tempted to pull up the ladder they climbed to the top. Eventually, their societies become extractive and their economies languish. That ... is the danger America faces today, as the 1 percent pulls away from everyone else and pursues an economic, political and social agenda that will increase that gap even further — ultimately destroying the open system that made America rich and allowed its 1 percent to thrive in the first place.

Note: The author of this article, Chrystia Freeland, wrote the book Plutocrats: The Rise of the New Global Super-Rich and the Fall of Everyone Else, from which this essay is adapted. For deeply revealing reports from reliable major media sources on income inequality, click here.


Heads or Tails, Some CEOs Win the Pay Game
2012-10-04, Bloomberg Businessweek
Posted: 2012-10-16 10:44:38
http://www.businessweek.com/articles/2012-10-04/heads-or-tails-some-ceos-win-...

Most companies in the Standard & Poor’s 500-stock index pay their CEOs annual bonuses that are conditional on meeting specific goals. Yet companies often find ways to lower or reset the performance benchmarks to ensure that their CEOs get at least a portion of their bonus. The practice, which has become more frequent since the 2007 economic downturn, risks turning bonus plans into a “meaningless exercise,” says Carol Bowie, head of Americas research at ISS Governance. Bonus plans are “not simply a mechanism to deliver pay,” she says, “but they should be designed to focus executives on the kinds of operational metrics that are going to deliver value.” Companies often justify moving the goal posts as a way to protect executives from events out of their control—bad luck, such as a hurricane or rising fuel costs. Yet CEOs also benefit financially when good luck strikes. Departing from a bonus plan “only works if a board is willing to use it on the upside and the downside,” says Blair Jones of Semler Brossy Consulting Group. “If it’s only used for the downside, it calls into question the process.” Several studies of U.S. CEO pay have confirmed the lopsided practice. One study, from researchers at Claremont Graduate University and Washington University in St. Louis, found that executives lost far less pay for bad luck than they gained for good luck.

Note: For deeply revealing reports from reliable major media sources on financial corruption, click here.


U.S. sues Wells Fargo in mortgage fraud case
2012-10-09, MSNBC/Reuters
Posted: 2012-10-16 10:43:31
http://www.msnbc.msn.com/id/49351559/ns/business-stocks_and_economy/t/us-sues...

The U.S. government filed a civil mortgage fraud lawsuit on [October 9] against Wells Fargo & Co, the latest legal volley against big banks for their lending during the housing boom. The complaint, brought by the U.S. Attorney in Manhattan, seeks damages and civil penalties from Wells Fargo for more than 10 years of alleged misconduct related to government-insured Federal Housing Administration loans. The lawsuit alleges the FHA paid hundreds of millions of dollars on insurance claims on thousands of defaulted mortgages as a result of false certifications by Wells Fargo, the fourth-biggest U.S. bank as measured by assets. "As the complaint alleges, yet another major bank has engaged in a longstanding and reckless trifecta of deficient training, deficient underwriting and deficient disclosure, all while relying on the convenient backstop of government insurance," said Manhattan U.S. Attorney Preet Bharara. Bharara's office has brought similar cases in the past few years, including one against Citigroup Inc unit CitiMortgage Inc, which settled the case for $158.3 million in February, and against Deutsche Bank, which paid $202.3 million in May to resolve its case. The U.S. Attorney's office in Brooklyn brought the biggest such case, against Bank of America Corp's Countrywide unit, which agreed in February to pay $1 billion to resolve the allegations.

Note: For deeply revealing reports from reliable major media sources on financial corruption, click here.


Supreme Court denies Chevron $19bn Ecuador appeal
2012-10-09, BBC News
Posted: 2012-10-16 10:42:18
http://www.bbc.co.uk/news/world-us-canada-19892561

The US Supreme Court has declined to block a judgement from an Ecuadorean court that a US oil firm pay billions in damages for pollution in the Amazon. Chevron was fighting a ruling that it must pay $18.2bn (Ł11.4bn) in damages, a sum increased to $19bn in July. It is the latest move in a decades-long legal wrangle between Texaco, bought by Chevron in 2001, and the people of the Lago Agrio region of Ecuador. The decision could affect other oil firms accused of pollution. The case claimed that Texaco contaminated land between 1964 and 1992, and has triggered several other lawsuits in courts within the US and elsewhere. In March 2011 a court in New York issued an injunction that blocked the judgement. But it was overturned in January this year by an appeals court, which said Chevron had challenged the judgement prematurely. The appeals court also said the New York judge could not stop other, foreign courts from enforcing the judgement - something the Ecuadorean plaintiffs are working to do in Canada and Brazil. The judgement originally ordered $8.6bn in environmental damages, but that was more than doubled because the oil company did not apologise publicly.

Note: For deeply revealing reports from reliable major media sources on corporate corruption, click here.


Kids in solitary confinement: America's official child abuse
2012-10-10, The Guardian (One of the UK's leading newspapers)
Posted: 2012-10-16 10:40:49
http://www.guardian.co.uk/commentisfree/2012/oct/10/children-solitary-confine...

Thousands of teenagers, some as young as 14 or 15, are routinely subjected by US prisons to [the] psychological torture [of solitary confinement]. One teen who participated in the Human Rights watch report wrote that being in isolation felt like 'a slow death from the inside out'. Molly J said of her time in solitary confinement: "[I felt] doomed, like I was being banished. Like you have the plague or that you are the worst thing on earth. I guess [I wanted to] feel like I was part of the human race – not like some animal." Molly was just 16 years old when she was placed in isolation in an adult jail in Michigan. She described her cell as being "a box": "There was a bed – the slab. It was concrete … There was a stainless steel toilet/sink combo … The door was solid, without a food slot or window … There was no window at all." Molly remained in solitary for several months, locked down alone in her cell for at least 22 hours a day. No other nation in the developed world routinely tortures its children in this manner. And torture is indeed the word brought to mind by a shocking report released today by Human Rights Watch and the American Civil Liberties Union. Growing Up Locked Down documents, for the first time, the widespread use of solitary confinement on youth under the age of 18 in prisons and jails across the country, and the deep and permanent harm it causes to kids caught up in the adult criminal justice system.

Note: For deeply revealing reports from reliable major media sources on the injustices rampant in prisons, click here.


Women Hurting Women
2012-09-30, New York Times
Posted: 2012-10-16 10:39:10
http://www.nytimes.com/2012/09/30/opinion/sunday/kristof-women-hurting-women....

It would be nice to think that women who achieve power would want to help women at the bottom. But one continuing global drama underscores that women in power can be every bit as contemptible as men. Sheikh Hasina, prime minister of Bangladesh, is mounting a scorched-earth offensive against Muhammad Yunus, the founder of Grameen Bank and champion of the economic empowerment of women around the world. Yunus, 72, won a Nobel Peace Prize for his pioneering work in microfinance, focused on helping women lift their families out of poverty. Yet Sheikh Hasina’s government has already driven Yunus from his job as managing director of Grameen Bank. Worse, since last month, her government has tried to seize control of the bank from its 5.5 million small-time shareholders, almost all of them women, who collectively own more than 95 percent of the bank. The government has also started various investigations of Yunus and his finances and taxes, and his supporters fear that he might be arrested on some pretext or another.

Note: To sign a petition to the Bangladeshi PM to stop government intervention in this empowering bank, click here. For excellent information on the amazing Grameen Bank and microlending movement, click here.


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