Corporate Corruption News Articles

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New York state’s top financial regulator has demanded documents from more than a dozen banks including Barclays, Deutsche, Goldman Sachs and RBS as a probe widened into trading practices in the $5.3tn-a-day global foreign exchange markets. Benjamin Lawsky, New York's financial services superintendent, made the move following the banks’ decision to fire or suspend at least 20 traders following reports that employees at some firms had shared information about their currency positions with counterparts at other companies. Lawsky’s move marks the latest escalation in a global investigation by regulators into the manipulation of benchmark rates. The currency probe comes as regulators are still investigating the manipulation of the Libor lending rate by traders at some of the world’s biggest banks. The Wall Street Journal reported that Goldman Sachs’ Steven Cho, formerly global head of spot and forward foreign exchange trading for major currencies, was retiring from the bank. His departure came a day after Citigroup announced that Anil Prasad, its global head of foreign exchange, was leaving the company. It is not know if his retirement is in any way linked to any investigation. Prasad’s exit comes a month after Rohan Ramchandani, formerly Citi’s head of European spot foreign exchange trading, was fired. Ramchandani had been a member of the Bank of England’s foreign exchange joint standing committee.

Note: For more on financial corruption, see the deeply revealing reports from reliable major media sources available here.

Vera Scroggins, an outspoken opponent of fracking, is legally barred from the new county hospital. Also off-limits, unless Scroggins wants to risk fines and arrest, are the Chinese restaurant where she takes her grandchildren, the supermarkets and drug stores where she shops, the animal shelter where she adopted her Yorkshire terrier, bowling alley, recycling centre, golf club, and lake shore. In total, 312.5 sq miles are no-go areas for Scroggins under a sweeping court order granted by a local judge that bars her from any properties owned or leased by one of the biggest drillers in the Pennsylvania natural gas rush, Cabot Oil & Gas Corporation. The ban represents one of the most extreme measures taken by the oil and gas industry to date against protesters like Scroggins, who has operated peacefully and within the law including taking Yoko Ono to frack sites in her bid to elevate public concerns about fracking. It was always going to be an unequal fight when Scroggins, now 63, made it her self-appointed mission five years ago to stop fracking in this, the richest part of the Marcellus Shale. The judge [granted] Cabot a temporary injunction barring Scroggins from all property owned or leased by the company. In court filings, Cabot said it holds leases on 200,000 acres of land, equivalent to 312.5 sq miles. That amounts to nearly 40% of the largely rural county in north-eastern Pennsylvania where Scroggins lives and where Cabot does most of its drilling.

Note: For more on government corruption, see the deeply revealing reports from reliable major media sources available here.

The paths that many of today’s wealthiest Americans have taken on their road to riches have not bettered most people’s lives. Many have actually hurt most people’s lives. Their riches have come at most other people’s expense. Since the recession officially ended in June 2009, for instance, the wages for all private-sector jobs have fallen, on average, by 0.5 percent. The wages for jobs in financial services, however, have risen by 5.5 percent. Inasmuch as the recession was brought about by the financial services industry, it’s understandable that this disparity would strike most people as unjust. Or consider the mechanisms by which some CEOs earn huge salaries. Last week, the board of directors of JPMorgan Chase voted to raise chief executive Jamie Dimon’s annual pay to $20 million — up from $11.5 million — despite the fact that the bank paid the federal government around $20 billion last year to settle charges stemming from its multiple misdeeds. Laying off workers and depressing their pay has become the key factor in boosting corporate profits in recent years. With profits at a record high as a share of the nation’s gross domestic product and wages at a record low, it’s entirely proper that Americans question the legitimacy of the 1 percent’s wealth.

Note: For more on income inequality, see the deeply revealing reports from reliable major media sources available here.

Despite the hoopla over the approval of the Volcker rule, which restricts banks from making certain types of speculative investments, our financial system isn't much safer than it was before 2008. A major reason for the continued complexity and risk in the financial system is lobbying power. The Volcker rule as it stands now has been turned into Swiss cheese by bank lobbyists, who represent the second biggest corporate special-interest bloc after the health care complex, spending nearly half a billion dollars a year on lobbying, according to the nonprofit, nonpartisan Center for Responsive Politics. So while the rule limits federally insured banks from trading for its own sake, they are still allowed to hedge their portfolios, which opens up a lot of gray territory for trading. Certainly having more lenders rather than fewer would help other kinds of businesses, and having trading walled off from lending would encourage that. The fact that the five largest U.S. financial holding companies control 55% of industry assets--compared with 20% in 1990--keeps competition low and credit constrained. In the next two to five years, there will likely be another crisis or trading loss of the kind that reignites the debate over closing trading loopholes and creating a truly safer financial system. Right now, banks complain about rules that would require them to hold a mere 5% of their assets in high-quality, low-risk capital (known as Tier 1 capital), despite the fact that in any other industry, doing business with less than 50% of your own cash would be considered extreme.

Note: For more on government collusion with the biggest banks, see the deeply revealing reports from reliable major media sources available here.

The Trans-Pacific Partnership (TPP) free trade agreement is being negotiated in Singapore this week between Australia, New Zealand, the US, Peru, Chile, Mexico, Canada, Singapore, Brunei, Malaysia, Vietnam and Japan. The countries have a combined gross domestic product (GDP) of US$28,136bn on 2012 figures, which represents almost 40% of the world’s GDP. There have been many contentious issues around the TPP: critics are particularly concerned about the secrecy around the agreement given it has the capacity to change many local laws and regulations. The majority of public criticism has centred on arguments relating to intellectual property and the cost of medicines, though many have concerns about environmental issues including climate change, investment, e-commerce and labour laws. The US has been rigid in its demands for stronger intellectual property protection to champion the rights of its global giants such as IT companies and its film and music industries. The US position on [the] investor-state dispute settlement provision ... grants foreign companies the right to sue [a] government under international law. All countries accepted there needed to be agreement on privacy obligations with regard to information-sharing, apart from the US, which reserved its position on privacy. The US position has left people wondering whether the TPP will undermine privacy, particularly in the wake of the NSA revelations from the Snowden documents. There appear to be deep divisions on environment and climate change, with the US and Australia opposing any extension of the text on climate matters.

Note: For more on government corruption, see the deeply revealing reports from reliable major media sources available here.

An alliance of corporations and conservative activists is mobilising to penalise homeowners who install their own solar panels – casting them as "freeriders" – in a sweeping new offensive against renewable energy. Over the coming year, the American Legislative Exchange Council (ALEC) will promote legislation with goals ranging from penalising individual homeowners and weakening state clean energy regulations, to blocking the Environmental Protection Agency, [the government's] main channel for climate action. Details of ALEC's strategy to block clean energy development at every stage – from the individual rooftop to the White House – are revealed as the group gathers for its policy summit in Washington this week. About 800 state legislators and business leaders are due to attend the three-day event, which begins ... with appearances by the Wisconsin senator Ron Johnson and the Republican budget guru and fellow Wisconsinite Paul Ryan. Other ALEC speakers will be a leading figure behind the recent government shutdown, US senator Ted Cruz of Texas, and the governors of Indiana and Wyoming. For 2014, ALEC plans to promote a suite of model bills and resolutions aimed at blocking Barack Obama from cutting greenhouse gas emissions, and state governments from promoting the expansion of wind and solar power through regulations known as Renewable Portfolio Standards. ALEC [wants] to lower the rate electricity companies pay homeowners for direct power generation – and maybe even charge homeowners for feeding power into the grid.

Note: For more on government corruption, see the deeply revealing reports from reliable major media sources available here.

Chicago Mayor Rahm Emanuel wants to introduce a mandatory prison sentence for anyone caught with an illegal firearm. But reams of data shows that incarceration creates more crime. One in 100 adults in the U.S. lives behind bars. One in nine African-American men are imprisoned. This country’s addiction to incarceration has not made us safer, but has instead imposed upon us an untenable, senseless tax while unfairly targeting poor communities of color and perpetuating crime and violence in our neighborhoods. Lawmakers on both sides of the aisle and activists on the left and the right are taking action to roll back imprisonment rates. Chicago’s communities have been ravaged by mass imprisonment. The U.S. currently has the dubious distinction of having the highest per capita incarceration rate in the world. And communities on Chicago’s West and South sides have incarceration rates that are double—and sometimes triple—the national average. This is not because more crime occurs in these neighborhoods. A National Institute of Health study that focused on the effects of mass incarceration on Chicago’s neighborhoods found that communities marked by poverty and racial segregation experience incarceration rates that are more than three times higher communities with similar crime rates.

Note: For more on the devastating impacts on society of the government-prison-industrial complex, see the deeply revealing reports from reliable major media sources available here.

By all outward indications, the U.S. Navy Veterans Association was a leader in the charitable community. Founded in 2002 to provide support to Navy veterans in need, the charity recorded astonishing financial success. In its first eight years, it raised around $100 million in charitable contributions, almost all of it through a direct marketing campaign. The organization, headed by Jack L. Nimitz, boasted of 41 state chapters and some 66,000 members. [But] virtually everything about the association turned out to be false: no state chapters, no members, no leader with the name redolent of naval history. Instead, there was one guy: a man calling himself Bobby Thompson. But the money raised was real enough, generated by a series of for-profit telemarketers. The victims, by and large, were unsuspecting small-money donors who received urgent solicitations asking for support for needy naval veterans. Most of the money raised stayed with the fund-raisers, though plenty apparently dripped through to Mr. Thompson and a succession of Republican lawmakers who received generous contributions from the association’s political arm. But little ever made it to the intended beneficiaries. From June 2010, Mr. Thompson was on the run, the search for him hamstrung by the fact that no one had any real idea of who he was. Finally, on April 30, 2012, federal marshals tracked him down in Portland, Ore., finding him with a card to a storage unit containing $981,650 in cash and almost two dozen fake identity cards. Authorities have identified him as John Donald Cody, a former Army intelligence officer and Harvard Law graduate.

Note: As we enter the annual giving season, donors should look to sources like the GiveWell website to find organizations with a track record of effectiveness. Seeking them out — instead of donating to charities that are first to call or that sound familiar or that we’ve heard are good — is the only way to ensure that money reaches those in need. For more on corporate corruption, see the deeply revealing reports from reliable major media sources available here.

Officially, the Trans-Pacific Partnership is a trade treaty that will ease the flow of goods and services among the United States ... and other nations along the Pacific Rim. But it has attracted criticism for its secrecy, and for the inclusion of controversial provisions related to copyright, patent, and trademark protections. Wikileaks released an August draft of the "intellectual property" chapter of the treaty. The United States has been using the treaty as a vehicle to pressure its negotiating partners to make their laws more favorable to the interests of U.S. filmmakers, drug companies, and other large holders of copyright and patent rights. Several proposed items are drawn from Hollywood's wish list. The United States has also pushed for a wide variety of provisions that would benefit the U.S. pharmaceutical and medical device industries. The Obama administration wants to require the extension of patent protection to plants, animals, and medical procedures. It wants to require countries to offer longer terms of patent protection to compensate for delays in the patent application process. The United States also wants to bar the manufacturers of generic drugs from relying on safety and efficacy information that was previously submitted by a brand-name drug maker — a step that would make it harder for generic manufacturers to enter the pharmaceutical market and could raise drug prices.

Note: Why was this vitally important, yet little-reported news relegated to a blog? Read an October, 2014 update on the secret trade deal in The Guardian (One of the UK's leading newspapers). The Environment Chapter of the TPP has also been leaked. For more along these lines, see these concise summaries of deeply revealing articles about government secrecy.

I can only say: I'm sorry, America. As a former Federal Reserve official, I was responsible for executing the centerpiece program of the Fed's first plunge into the bond-buying experiment known as quantitative easing. The central bank continues to spin QE as a tool for helping Main Street. But I've come to recognize the program for what it really is: the greatest backdoor Wall Street bailout of all time. Where are we today? The Fed keeps buying roughly $85 billion in bonds a month, chronically delaying so much as a minor QE taper. Over five years, its bond purchases have come to more than $4 trillion. Amazingly, in a supposedly free-market nation, QE has become the largest financial-markets intervention by any government in world history. And the impact? Even by the Fed's sunniest calculations, aggressive QE over five years has generated only a few percentage points of U.S. growth. By contrast, experts outside the Fed, such as Mohammed El Erian at the Pimco investment firm, suggest that the Fed may have created and spent over $4 trillion for a total return of as little as 0.25% of GDP (i.e., a mere $40 billion bump in U.S. economic output). Both of those estimates indicate that QE isn't really working. Unless you're Wall Street. Having racked up hundreds of billions of dollars in opaque Fed subsidies, U.S. banks have seen their collective stock price triple since March 2009. The biggest ones have only become more of a cartel: 0.2% of them now control more than 70% of the U.S. bank assets. As for the rest of America, good luck.

Note: For more on government corruption, see the deeply revealing reports from reliable major media sources available here.

In just over a decade, Indian casinos have shot from backcountry slot machine emporiums to enormous gambling meccas, an escalation completely at odds with original promises. The latest proof of this failed pledge is an $800 million operation in Rohnert Park due to open [on November 5]. The Graton Resort & Casino will be a major economic force in Sonoma County, employing some 2,000 employees and promising $20 million in annual local payments. Instead of smoke-filled gambling halls, it will offer high-end restaurants, ornate chandeliers and skylights in a main building surrounded by nearly 6,000 parking slots. But the huge operation is a reminder of how far things have strayed from the promises made to California voters in 2000. A state ballot measure argued that impoverished tribes living in remote corners of California had few if any alternatives for economic development. Now gambling is Vegas-scale, and casino tribes are vying against each other for prime spots. The Rohnert Park casino will jump in front of another operation 30 miles to the north in Geyserville, and that worried tribe has bought land in Petaluma for a possible operation that will be closer to Bay Area gamblers. One tribe's win is another's loss. California taxpayers have a stake too. Sold on an ever-increasing slice of revenues, a string of state governors have approved more than 60 casinos. Gov. Jerry Brown, who approved the Graton operation, signed two other casino deals in the Central Valley sought by tribes who wanted more lucrative spots.

Note: For more on corporate corruption, see the deeply revealing reports from reliable major media sources available here.

Rabobank Groep, the co-operative formed in 1898 to lend to Dutch farmers, was fined 774 million euros ($1.1 billion) and the chairman resigned as the scandal over the rigging of benchmark interest rates ensnared a fifth firm. The Utrecht, Netherlands-based lender entered into an agreement with the Justice Department to accept responsibility for manipulation of Libor and Euribor to avoid prosecution. The fines are the largest-ever against the bank and second-largest over manipulation of the London interbank offered rate. Global investigations into banks’ attempts to manipulate the benchmarks for profit have led to fines and settlements for Barclays, Royal Bank of Scotland, UBS and ICAP. Rabobank derivatives and money-market traders influenced the lender’s submissions to benefit their positions linked to Libor and conspired with employees of other banks to rig rates from May 2005 to January 2011. More than 500 attempts were made by Rabobank to manipulate Libor, according to the regulator. Thirty current and former employees of the Dutch lender were involved, Rabobank executive board member Sipko Schat said today. Five of them were fired, he said, while 14 are still working for the bank. The lender is also clawing back 4.2 million euros in bonuses, Rabobank said in a statement. The manipulation “directly affected the rates referenced by financial products held by and on behalf of companies and investors around the world,” Valerie Parlave, Assistant Director in Charge of the FBI’s Washington field office, said in a statement.

Note: For more on financial corruption, see the deeply revealing reports from reliable major media sources available here.

"The Hustle." That's the name of a program run by Countrywide, the slimy subprime lender purchased by Bank of America in 2008. Under the program, Countrywide brokers were paid bonuses to originate loans, firing them off to borrowers with less than stellar credit in an attempt to gin up quick profits. The loans were then sold to government-backed mortgage giants Fannie Mae and Freddie Mac, where they often went sour. This sounds like a fairly typical tale from the financial crisis: Most of the nation's largest banks have, in one way or another, been accused of formulating sloppy loans and dumping them off on the taxpayer or of selling toxic mortgage securities to unwitting customers. But there's a new twist to the old story: Yesterday, a jury found Bank of America guilty of fraud, the first time that a major U.S. bank has been held responsible by a U.S. court for actions tied to the financial crisis. The jury also held a former Countrywide manager liable for fraud. That we're still wondering whether the banks will face any consequences for their actions more than five years after the financial crisis began in earnest is a pretty damning indictment of the Obama administration's approach to the matter. Can lawmakers summon the will to actually take on Wall Street or are a few good headlines from DOJ all we can hope for? The Dodd-Frank financial reform law was a good opening effort and, despite its imperfections, will make some difference in reining Wall Street. But there is still a lot that the law either left unaddressed or up to the interpretation of regulators who are bombarded by missives from Wall Street lobbyists.

Note: For more on the collusion of big banks and banking regulators, see the deeply revealing reports from reliable major media sources available here.

The Japanese government and TEPCO were scrambling to reassure people [on Sep. 13] that they have a lid on Fukushima after a senior utility executive said the nuclear plant was "not under control". The remarks by Kazuhiko Yamashita, who holds the executive-level title of "fellow" at Tokyo Electric Power, seem to flatly contradict assurances Prime Minister Shinzo Abe gave Olympic chiefs a week earlier. In a meeting with members of the opposition Democratic Party of Japan, Yamashita was asked whether he agreed that "the situation is under control" as Abe had declared at the International Olympic Committee meeting in Buenos Aires. He responded by saying, "I think the current situation is that it is not under control," according to major media, including national broadcaster NHK. News of his comment prompted a rush by the government and TEPCO to elaborate on Yamashita's remark, saying he was talking specifically about the plant's waste water problem, and not the facility's situation in general. TEPCO has poured thousands of tonnes of water on the Fukushima reactors to tame meltdowns sparked by the March 2011 earthquake and tsunami. The utility says they are now stable but need to be kept cool to prevent them running out of control again. Much of that now-contaminated water is being stored in temporary tanks at the plant, and TEPCO has so far revealed no clear plan for it. The problem has been worsened by leaks in some of those tanks that are believed to have seeped into groundwater, which runs out to sea.

Note: For an excellent ABC News article titled "A Never-Ending Disaster at Fukushima," click here. For more on the grave environmental impacts of nuclear power, see the deeply revealing reports from reliable major media sources available here.

Michael Hayden, the former director of the National Security Agency, has invaded America’s television sets in recent weeks to warn about Edward Snowden’s leaks and the continuing terrorist threat to America. But what often goes unmentioned, as the Guardian’s Glenn Greenwald pointed out, is that Hayden has a financial stake in keeping Americans scared and on a permanent war footing against Islamist militants. And the private firm he works for, called the Chertoff Group, is not the only one making money by scaring Americans. Post-9/11 America has witnessed a boom in private firms dedicated to the hyped-up threat of terrorism. The drive to privatize America’s national security apparatus accelerated in the aftermath of the terrorist attacks, and it’s gotten to the point where 70 percent of the national intelligence budget is now spent on private contractors, as author Tim Shorrock reported [in Spies for Hire: the Secret World of Intelligence Outsourcing]. The private intelligence contractors have profited to the tune of at least $6 billion a year. In 2010, the Washington Post revealed that there are 1,931 private firms across the country dedicated to fighting terrorism. What it all adds up to is a massive industry profiting off government-induced fear of terrorism, even though Americans are more likely to be killed by a car crash or their own furniture than a terror attack. Here are five private companies cashing in on keeping you afraid. 1. The Chertoff Group 2. Booz Allen Hamilton 3. Science Applications International Corp. 4. Center for Counterintelligence and Security Studies 5. Security Solutions International.

Note: For more on government and corporate corruption in pushing the terror hoax, see the deeply revealing reports from reliable major media sources available here.

Despite his age, 63-year-old Kazuo Niitsuma believes there are many more years of fishing ahead of him. The sea is in his family's blood, he says. His octogenarian father began working on boats when he was 12, and only retired three years ago. But ... Niitsuma knows he may never again get the chance to board his boat and head out into the Pacific in search of sole, whitebait, flounder and greenling. The greatest threat to Niitsuma's livelihood, and that of other fishermen in Hisanohama ... lies just up the coast at the Fukushima Daiichi nuclear power plant. The environment ministry recently announcement that 300 tonnes of contaminated groundwater from Fukushima Daiichi is still seeping over or around barriers into the Pacific every day, more than two years after it was struck by a tsunami in March 2011. Government officials said they suspected the leaks had started soon after the accident. The admission by the ministry, confirmed by Tokyo Electric Power (Tepco), which runs the plant, is likely to keep Hisanohama's 40 fishing boats in port for the foreseeable future. Tepco's failure to handle the contaminated water – and accusations that it tried to cover up the leaks – is a serious setback to attempts to clean up Fukushima Daiichi, 18 months after the government declared it had reached a "safe" state known as cold shutdown. "I haven't been able to fish since the tsunami," Niitsuma said. "People want to be reassured that they are buying fish that is safe to eat, and we can't give them that guarantee at the moment."

Note: Declaring the situation an "emergency", the Japanese government has stepped in to take over control of the response from Tepco. For more on this, click here. For a National Geographic article on what you need to know about the radioactive contamination of the Pacific Ocean by the Fukushima disaster, click here. It reports that scientists have estimated that contaminated seawater could reach the West Coast of the United States in five years or less. For more on the environmental devastation of nuclear power, see the deeply revealing reports from reliable major media sources available here.

The tale of how the Obama economic team was recruited en masse from Robert Rubin acolytes who either facilitated Wall Street’s pre-crash recklessness while in the Clinton administration or cashed in on it later (or, like Rubin, did both) never loses its power to shock. Michael Froman, Rubin’s chief of staff as Clinton Treasury secretary, not only served as the Obama transition team’s personnel director but moonlighted as a Citigroup managing director while doing so. “Obama essentially entrusted the repairing of the china shop to the bulls who’d helped ransack it,” [Jeff] Connaughton writes [in The Payoff: Why Wall Street Always Wins]. [In This Town Mark] Leibovich updates the story of the tacky prehistory of the Obama White House with its aftermath—the steady parade of Obama alumni who traded change we can believe in for cash on the barrelhead as soon as they left public service. The starry list includes, among many others, Peter Orszag (director of the White House’s Office of Management and Budget, now at Citi), Jake Siewert (the Treasury Department counselor turned chief flack for Goldman Sachs), and David Plouffe (the campaign manager and senior presidential adviser who did consulting for Boeing and General Electric). “When I am president,” Obama had said in 2008, “I will start by closing the revolving door in the White House that’s allowed people to use their administration job as a stepping-stone to further their lobbying careers.” Puzzling over how so many colleagues have strayed from this credo, the former press secretary Robert Gibbs has theorized that either “somehow we have all changed” or, alternatively, “maybe Washington changed us.”

Note: For more on government corruption, see the deeply revealing reports from reliable major media sources available here.

Oil-field services giant Halliburton has agreed to plead guilty to destroying evidence in connection with the 2010 Gulf of Mexico oil spill, the Justice Department announced. Halliburton has been charged with one count of destruction of evidence in U.S. District Court in New Orleans. Under a plea agreement that is subject to court approval, Halliburton agreed “to pay the maximum-available statutory fine, to be subject to three years of probation and to continue its cooperation in the government’s ongoing criminal investigation,” the Justice Department said. The April 2010 explosion and sinking of the Deepwater Horizon drilling rig was the largest offshore oil disaster in U.S. history, killing 11 workers and spewing nearly 5 million barrels of oil into the gulf. The Macondo well was owned by a consortium of energy companies, led by BP. Transocean owned the drilling rig that BP was leasing for the venture. Halliburton was contracted by BP to do the cement work on the well. The plea agreement was the third that the Justice Department has obtained in the criminal investigation of the disaster. Transocean agreed to pay $400 million as part of its criminal plea, and BP, $4 billion. A civil suit against the three companies brought by the Justice Department and others is continuing. The Halliburton plea involves the destruction of results of internal tests the company conducted after the drilling rig sank. The Justice Department said, “In agreeing to plead guilty, Halliburton has accepted criminal responsibility for destroying the aforementioned evidence.”

Note: For more on corporate corruption, see the deeply revealing reports from reliable major media sources available here.

[There is] a growing debate over a little-known but increasingly important piece of equipment buried deep inside a car: the event data recorder, more commonly known as the black box. About 96 percent of all new vehicles sold in the United States have the boxes, and in September 2014, if the National Highway Traffic Safety Administration has its way, all will have them. Data stored in the devices is increasingly being used to identify safety problems in cars and as evidence in traffic accidents and criminal cases. And the trove of data inside the boxes has raised privacy concerns, including questions about who owns the information, and what it can be used for, even as critics have raised questions about its reliability. To consumer advocates, the data is only the latest example of governments and companies having too much access to private information. Once gathered, they say, the data can be used against car owners, to find fault in accidents or in criminal investigations. “These cars are equipped with computers that collect massive amounts of data,” said Khaliah Barnes of the Electronic Privacy Information Center, a Washington-based consumer group. “Without protections, it can lead to all kinds of abuse.” In [14] states, lawyers may subpoena the data for criminal investigations and civil lawsuits, making the information accessible to third parties, including law enforcement or insurance companies that could cancel a driver’s policy or raise a driver’s premium based on the recorder’s data.

Note: For more on government and corporate privacy invasions, see the deeply revealing reports from reliable major media sources available here.

The American Civil Liberties Union is warning that law enforcement officials are using license plate scanners to amass massive and unregulated databases that can be used to track law-abiding citizens as their go about their daily lives. In a new report, "You Are Being Tracked: How License Plate Readers Are Being Used to Record Americans' Movements," the ACLU discusses the data culled from license plate scanners - cameras mounted on patrol cars, overpasses and elsewhere to record your license plate number and location at a given time. There are tens of thousands such cameras now in operation, according to the group, with the data in some cases being stored indefinitely. The ACLU report is the result of an analysis of 26,000 pages of documents from police departments around the country, obtained through nearly 600 [FOIA] requests. It finds that while some jurisdictions keep the information gleaned from the scanners for a short time ... many hold onto the data for years. The organization complains that there are "virtually no rules in place" to keep officials from tracking "everybody all the time." The ACLU also warns that the data is being fed into larger databases, with the private National Vehicle Location Service now holding more than 800 million license plate records. The group's database is used by more than 2,200 law enforcement customers. The [ACLU] report warns that the data can be used in an official capacity to spy on protesters or target communities based on their religious beliefs, or unofficially by a police officer who wants to keep an eye on a romantic rival.

Note: For more on privacy, see the deeply revealing reports from reliable major media sources available here.

Important Note: Explore our full index to revealing excerpts of key major media news articles on several dozen engaging topics. And don't miss amazing excerpts from 20 of the most revealing news articles ever published.