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Revealing News For a Better World

Government Corruption News Articles
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Below are key excerpts of revealing news articles on government corruption from reliable news media sources. If any link fails to function, a paywall blocks full access, or the article is no longer available, try these digital tools.


Note: Explore our full index to revealing excerpts of key major media news articles on dozens of engaging topics. And read excerpts from 20 of the most revealing news articles ever published.


Three key lessons from the Obama administration's drone lies
2013-04-11, The Guardian (One of the UK's leading newspapers)
http://www.guardian.co.uk/commentisfree/2013/apr/11/three-lessons-obama-drone...

For years, senior Obama officials, including the president himself, have been making public claims about their drone program that have just been proven to be categorically false. McClatchy's national security reporter, Jonathan Landay, obtained top-secret intelligence documents showing that "contrary to assurances it has deployed US drones only against known senior leaders of al-Qaida and allied groups, the Obama administration has targeted and killed hundreds of suspected lower-level Afghan, Pakistani and unidentified 'other' militants in scores of strikes in Pakistan's rugged tribal area." That article quotes drone expert Micah Zenko of the Council on Foreign Relations as saying that "McClatchy's findings indicate that the administration is 'misleading the public about the scope of who can legitimately be targeted.'" In his own must-read article at Foreign Policy about these disclosures, Zenko writes - under the headline: "Finally, proof that the United States has lied in the drone wars" - that "it turns out that the Obama administration has not been honest about who the CIA has been targeting with drones in Pakistan" and that the McClatchy article "plainly demonstrates that the claim repeatedly made by President Obama and his senior aides - that targeted killings are limited only to officials, members, and affiliates of al-Qaida who pose an imminent threat of attack on the US homeland - is false." Zenko explains that these now-disproven claims may very well make the drone strikes illegal since assertions about who is being targeted were "essential to the legal foundations on which the strikes are ultimately based."

Note: For deeply revealing reports from reliable major media sources on the lies and crimes committed by the US and UK in their global wars of aggression, click here.


Jorge Bergoglio: Who is the new pope?
2013-03-13, CBS News/Associated Press
http://www.cbsnews.com/8301-202_162-57574147/jorge-bergoglio-who-is-the-new-pope

Jorge Mario Bergoglio - who will be now known as Pope Francis - has spent nearly his entire career at home in Argentina, overseeing churches and shoe-leather priests. The 76-year-old archbishop of Buenos Aires ... is the first Jesuit to be elected pope. In a lifetime of teaching and leading priests in Latin America, which has the largest share of the world's Catholics, Bergoglio has shown a keen political sensibility. Bergoglio is known to be conservative on spiritual issues. He opposes abortion, same-sex marriage and supports celibacy. Bergoglio's legacy as cardinal includes his efforts to repair the reputation of a church that lost many followers by failing to openly challenge Argentina's murderous 1976-83 dictatorship. Many Argentines remain angry over the church's acknowledged failure to openly confront a regime that was kidnapping and killing thousands of people as it sought to eliminate "subversive elements" in society. Bergoglio twice invoked his right under Argentine law to refuse to appear in open court, and when he eventually did testify in 2010, his answers were evasive, human rights attorney Myriam Bregman said. Bergoglio's own statements proved church officials knew from early on that the junta was torturing and killing its citizens, and yet publicly endorsed the dictators. The dictatorship could not have operated this way without this key support," [Bregman said.]

Note: An entire edition of Democracy Now! was devoted to the record of Bergoglio, including an interview with the Argentine journalist Horacio Verbitsky. For more analysis, click here, here and here.


Don’t Blink, or You’ll Miss Another Bailout
2013-02-17, New York Times
http://www.nytimes.com/2013/02/17/business/dont-blink-or-youll-miss-another-b...

Many people became rightfully upset about bailouts given to big banks during the mortgage crisis. But it turns out that they are still going on, if more quietly, through the back door. The existence of one such secret deal, struck in July between the Federal Reserve Bank of New York and Bank of America, came to light just last week in court filings. Not only do the filings show the New York Fed helping to thwart another institution’s fraud case against the bank, they also reveal that the New York Fed agreed to give away what may be billions of dollars in potential legal claims. The New York Fed said in a court filing that in July it had released Bank of America from all legal claims arising from losses in some mortgage-backed securities the Fed received when the government bailed out the American International Group in 2008. One surprise in the filing, which was part of a case brought by A.I.G., was that the New York Fed let Bank of America off the hook even as A.I.G. was seeking to recover $7 billion in losses on those very mortgage securities. What did the New York Fed get from Bank of America in this settlement? Some $43 million, it seems, from a small dispute the New York Fed had with the bank on two of the mortgage securities. At the same time, and for no compensation, it released Bank of America from all other legal claims. For zero compensation, the New York Fed released Bank of America from what may be sizable legal claims, knowing that A.I.G. was trying to recover on those claims.

Note: For deeply revealing reports from reliable major media sources on the collusion between regulators and financial corporations, click here.


'Who knew' mortgage defense falling apart
2013-02-07, San Francisco Chronicle (SF's leading newspaper)
http://www.sfgate.com/business/bottomline/article/Who-knew-mortgage-defense-f...

The "who knew?" defense [was] thrown down by financial institutions and their senior executives to ward off accusations that they were somehow responsible for the disaster that befell the country. That defense is now crumbling by the day, thanks in part to their own employees' admissions. Citing internal e-mails, California joined the federal government and 15 other states this week in filing multibillion-dollar civil fraud lawsuits against the nation's leading credit ratings agency, Standard & Poor's, for allegedly deliberately "downplaying and disregarding the true extent of the credit risks" of the financial instruments it had rated as rock-solid. S&P says the charges are "without factual or legal merit," while adding that it, "like everyone else, did not predict the speed and severity of the coming crisis and how credit quality would ultimately be affected." Stack that up against an S&P executive who warned in an internal memo in December 2006, "This market is a wildly spinning top which is going to end badly." Or the 2007 e-mail from an analyst that read, "Job's going great, aside from the fact that the MBS (residential mortgage-backed securities) is crashing." Foreknowledge seemed to be apparent at JPMorgan Chase and Morgan Stanley as well. Internal documents in a lawsuit filed by Dexia SA, a French-Belgian bank, alleging "egregious fraud" by JPMorgan in the sale of $1.7 billion of mortgage-backed bonds, suggested executives at JPMorgan, Bear Stearns and Washington Mutual ... intentionally covered up the unworthiness of the securities they were selling.

Note: For deeply revealing reports from reliable major media sources on the criminal practices of the financial industry, click here.


Oil supply grows, but so does price
2013-01-25, San Francisco Chronicle (SF's leading newspaper)
http://www.sfgate.com/business/article/Oil-supply-grows-but-so-does-price-422...

Since 2008, oil production in the United States has surged ... 28 percent as the controversial practice of fracking unlocks new supplies in North Dakota and Texas. At the same time, use of oil and petroleum products has fallen 4 percent, as Americans switch to more efficient cars. In theory at least, both of those factors should have pushed the price of crude down. Instead, it's gone up. Since bottoming out during the financial crisis, oil futures traded on the New York Mercantile Exchange have nearly tripled in value, climbing from $33.87 per barrel in December 2008 to roughly $95 this month. Oil still costs substantially more now than it did in 2007, before the recession began. The high price illustrates a brutal truth of today's interconnected world - oil is a global commodity, bought and sold in a global marketplace. Even while demand falls in the United States, it's growing in countries such as China and India. Critics say the price paradox undercuts the oil industry's efforts to drill in more of America's public lands and coastal waters. "It really debunks the myth of 'Drill, baby, drill,' that if we just produce more oil, prices will stay low or go lower," said Michael Marx, director of the Sierra Club's Beyond Oil campaign. Will all that extra petroleum finally mean lower prices? "It's a difficult question to answer, because there's not a one-for-one (relationship) between an increase in production and a decrease in prices," said Doug MacIntyre, director of the Energy Information Administration's office of petroleum statistics. "There are so many other factors."

Note: Though the author refers to "so many other factors," he doesn't even mention greed and corruption which almost everyone knows are rampant. When will the media focus their attention on these fundamental challenges of our world?


CIA to exempt strikes on Pakistan from drones codification
2013-01-20, The Guardian (One of the UK's leading newspapers)
http://www.guardian.co.uk/world/2013/jan/20/cia-pakistan-drone-strikes-codifi...

John Brennan, the counter-terrorism adviser nominated by President Obama to be the next head of the CIA, has reportedly agreed to exempt agency strikes in Pakistan from a new set of rules that attempts to justify and codify the use of drones to assassinate leaders of al-Qaida and other terrorist groups around the world, including US citizens. The dispensation to allow so-called targeted killing to continue without restrictions in Pakistan removes from the new set of guidelines the most important and controversial target of drone strikes. In the past few weeks the frequency of US strikes in the tribal areas of northern Pakistan ... has been stepped up. The pass would allow the US to sustain heavy bombardments of the tribal regions via drones launched from bases in Afghanistan for another year or two, ahead of the withdrawal of most American forces from that country in 2014. The decision to give the US targeted-killing programme the appearance of legal propriety by codifying it, and now the temporary exemption granted from that codification to Pakistan, were both taken by Brennan. A counter-terrorism expert with 25 years experience in the CIA, his nomination to run the agency has raised eyebrows among civil liberties groups because of his senior role in the CIA under George W Bush at a time when torture was used on terror suspects and because of his fondness for drone strikes. The UK-based Bureau of Investigative Journalism estimates that there have been 362 drone strikes in the country since 2004 – 310 of them launched on Obama's watch. The strikes have killed up to 3,461 people.

Note: Imagine the uproar if another country killed innocent civilians in the US while using drones to kill terrorists in the country. Visit the Living Under Drones website here. For more analysis click here.


GOP and Feinstein join to fulfill Obama's demand for renewed warrantless eavesdropping
2012-12-28, The Guardian (One of the UK's leading newspapers)
http://www.guardian.co.uk/commentisfree/2012/dec/28/fisa-feinstein-obama-demo...

The FISA Amendments Act of 2008 did much more than shield lawbreaking telecoms from all forms of legal accountability. It also legalized vast new, sweeping and almost certainly unconstitutional forms of warrantless government eavesdropping. [The] 2008 law gutted the 30-year-old FISA statute that had [barred] the government from eavesdropping on the communications of Americans without first obtaining a warrant from a court. Worst of all, the 2008 law legalized ... the NSA warrantless eavesdropping program secretly implemented by George Bush after the 9/11 attack. The 2008 FISA law provided that it would expire in four years unless renewed. Yesterday, the Senate debated its renewal. Several Senators - Democrats Jeff Merkley and Ron Wyden of Oregon along with Kentucky GOP Senator Rand Paul - each attempted to attach amendments to the law simply to provide some modest amounts of transparency and oversight to ensure that the government's warrantless eavesdropping powers were constrained and checked from abuse. The Democratic Chair of the Senate Intelligence Committee, Dianne Feinstein ... demanded renewal of the FISA law without any reforms. And then predictably, in virtually identical 37-54 votes, Feinstein and her conservative-Democratic comrades joined with virtually the entire GOP caucus ... to reject each one of the proposed amendments and thus give Obama exactly what he demanded: reform-free renewal of the law.

Note: For analysis of this Senate vote, click here. For deeply revealing reports from reliable major media sources on government assaults on privacy, click here.


'Shadow Banking' Still Thrives, System Hits $67 Trillion
2012-11-18, CNBC/Reuters
http://www.cnbc.com/id/49877573

The system of so-called "shadow banking" ... grew to a new high of $67 trillion globally last year, a top regulatory group said, calling for tighter control of the sector. A report by the Financial Stability Board (FSB) [states] that shadow banking is set to thrive, beyond the reach of a regulatory net tightening around traditional banks and banking activities. The FSB, a task force from the world's top 20 economies, also called for greater regulatory control of shadow banking. The study by the FSB said shadow banking around the world more than doubled to $62 trillion in the five years to 2007 before the crisis struck. But the size of the total system had grown to $67 trillion in 2011 — more than the total economic output of all the countries in the study. The multitrillion-dollar activities of hedge funds and private equity companies are often cited as examples of shadow banking. But the term also covers investment funds, money market funds and even cash-rich firms that lend government bonds to banks, which in turn use them as security when taking credit from the European Central Bank. The United States had the largest shadow banking system, said the FSB, with assets of $23 trillion in 2011, followed by the euro area — with $22 trillion — and the United Kingdom — at $9 trillion.

Note: That's $10,000 for every man, woman, and child on the planet. Do you think the bankers are somehow manipulating the system? For deeply revealing reports from reliable major media sources on financial corruption, click here.


The Self-Destruction of the 1 Percent
2012-10-14, New York Times
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.


HSAs force health providers to compete
2012-09-29, San Francisco Chronicle (SF's leading newspaper)
http://www.sfgate.com/opinion/article/HSAs-force-health-providers-to-compete-...

A growing number of patients are paying directly most, or all, of their medical bills these days. One problem they face: Finding out what health care services really cost before they make the decision to buy. Even though it accounts for one-sixth of the U.S. economy, health care is difficult to shop for in all but a small percentage of health care purchases. For the most part, no one ever sees a real price for health care services - not doctors, not patients, not employers, not employees. The reason patients never see the prices is because third-party payers (insurance companies, employers and government) negotiate with providers - leaving patients with a small co-pay under traditional insurance. And without real prices, there is no basis for third-party payers or anyone to negotiate the lowest possible prices. Recently, however, more and more employers are encouraging their employees to shop for health care the way they shop for groceries. To encourage that activity, employers are allowing their employees to manage more of their own health care dollars by means of a health savings account. The idea behind an HSA is a simple one: Instead of giving all of your health dollars to an insurance company or the government, you put some of those dollars into an account that you own and control. This reduces wasteful health care spending because individuals ... spending their own money often get the lowest prices, and they also can decide whether they really want to buy those services. A recent Rand Corp. study found that patients with HSA plans reduced medical spending by about 30 percent, without adversely affecting their health.

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


How lawmakers and lobbyists keep a lock on the private prison business
2012-09-27, The Guardian (One of the UK's leading newspapers)
http://www.guardian.co.uk/commentisfree/2012/sep/27/lawmakers-lobbyists-keep-...

America's three largest private prison companies ... spent in the region of $45m over the past 10 years in lobbying state and federal governments. During the same period, these companies saw their profits soar as they scored more government contracts. [Also] during the same period, various pieces of legislation got passed ensuring that immigrant detention, in particular, would remain a lucrative growth market. Thanks to mandatory sentencing laws and the "war on drugs", the prison population has exploded over the past 30 years – to the point where it has become an untenable burden on state budgets. The private prison business [is] reliant on state and federal governments to provide them with their customer base: that is, bodies to fill their cells. The companies maintain that their lobbying efforts have nothing to do with this expansion and insist that it is their policy to "expressly prohibit their lobbyists from working to pass or oppose immigration legislation", such as the Arizona immigration bill SB1070, which provides for the mandatory detention of immigrants who cannot produce papers on request. [Then] where are the private prison firms spending those millions of lobbying dollars? A report compiled by the Justice Policy Institute issued in 2011 and using data from the National Institute on Money in State Politics found that between 2003 and 2010, the [Corrections Corporation of America] contributed a total of $1,552,350 to state election campaigns. Approximately half was to candidates, more than a third was to party committees and around one tenth was spent on ballot measures.

Note: For deeply revealing reports from reliable major media sources on corruption in the prison/industrial complex, click here.


Court blocks S.F. warning on cell phones
2012-09-10, San Francisco Chronicle (SF's leading newspaper)
http://www.sfgate.com/bayarea/article/Court-blocks-S-F-warning-on-cell-phones...

A federal appeals court blocked San Francisco on [September 10] from requiring cell phone dealers to tell customers the products may expose them to dangerous levels of radiation, saying the city can't force retailers to pass along messages they dispute. The ordinance, the first of its kind in the nation, had been scheduled to take effect last October, but has remained on hold during an industry challenge. It would require retailers to give each cell phone buyer a fact sheet saying the World Health Organization had classified the phones' radio-frequency emissions as a "possible carcinogen." The sheet also shows human silhouettes absorbing radiation and suggests protective measures, like wearing headsets, making shorter calls and limiting use by children. Stores would have to put similar messages on large wall posters and on stickers attached to display ads. The U.S. Supreme Court has ruled that the government can require businesses to display factual, undisputed information about their products. The city's lawyers and policymakers will review the ruling before deciding their next steps.

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


Why I had no choice but to spurn Tony Blair
2012-09-01, The Guardian (One of the UK's leading newspapers)
http://www.guardian.co.uk/commentisfree/2012/sep/02/desmond-tutu-tony-blair-iraq

The immorality of the United States and Great Britain's decision to invade Iraq in 2003, premised on the lie that Iraq possessed weapons of mass destruction, has destabilised and polarised the world to a greater extent than any other conflict in history. The then-leaders of the US and UK fabricated the grounds to [invade, and] have driven us to the edge of a precipice where we now stand – with the spectre of Syria and Iran before us. The cost ... has been staggering, beginning in Iraq itself. Last year, an average of 6.5 people died there each day in suicide attacks and vehicle bombs, according to the Iraqi Body Count project. More than 110,000 Iraqis have died in the conflict since 2003 and millions have been displaced. By the end of last year, nearly 4,500 American soldiers had been killed and more than 32,000 wounded. On these grounds alone, in a consistent world, those responsible for this suffering and loss of life should be treading the same path as some of their African and Asian peers who have been made to answer for their actions in the Hague. I did not deem it appropriate to have this discussion at the Discovery Invest Leadership Summit in Johannesburg last week. As the date drew nearer, I felt an increasingly profound sense of discomfort about attending a summit on "leadership" with Mr Blair. My appeal to Mr Blair is not to talk about leadership, but to demonstrate it.

Note: This article was written by South African religious and human rights leader Archbishop Emeritus Desmond Tutu of Cape Town. For deeply revealing reports from reliable major media sources on the lies told to launch the US/UK wars of aggression in the Middle East, click here.


Former marine held involuntarily over Facebook posts now plans to sue FBI
2012-08-29, The Guardian (One of the UK's leading newspapers)
http://www.guardian.co.uk/world/2012/aug/29/former-marine-facebook-sue-fbi

A former US marine who was taken from his home and involuntarily detained for psychiatric evaluation for posting controversial song lyrics and conspiracy theories on Facebook is to file a civil lawsuit against the FBI and police. Speaking for the first time since his release, after a judge ruled there was insufficient evidence to detain him, Brandon Raub said his experience was frightening and that it sent a "extremely alarming" message to Americans. Raub, 26, a former combat engineer who has served in Iraq and Afghanistan, was taken forcibly from his home in Chesterfield County, Virginia, by two FBI agents and police on 16 August. He was not charged with any crime. He was handcuffed and detained in a psychiatric hospital for seven days before a judge ruled on 23 August that there was not sufficient evidence to keep him there. In an interview ... Raub said: "It made me scared for my country. The idea that a man can be snatched off his property without being read his rights I think should be extremely alarming to all Americans." He said that Americans needed to educate themselves about government intrusions into the lives of citizens, and he urged people to do so. Raub's mother, Cathleen Thomas, told reporters that her son ... is "concerned about all the wars we've experienced" and believes the US government was complicit in the September 11 terrorist attacks. One of his Facebook posts, she said, pictured the gaping hole in the Pentagon and asked "where's the plane?

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


SEC whistle-blower program starts paying off for agency, tipsters
2012-08-22, Los Angeles Times
http://articles.latimes.com/2012/aug/22/business/la-fi-sec-whistleblower-2012...

For the last year, whistle-blowers deep inside corporate America have been dishing dirt on their employers under a U.S. Securities and Exchange Commission program that could give them a cut of multimillion-dollar penalties won by financial regulators. A new bounty program has been an intelligence boon to the securities industry regulator, which has struggled to redeem itself after failing to stop Bernard Madoff's epic Ponzi scheme and rein in Wall Street before the 2008 financial crisis. Motivated by cash and the chance to rat out wrongdoers, tipsters are dropping more than names. Whistle-blowers and their attorneys are turning over boxes of documents, copies of emails and even audio recordings of alleged fraud or illegal overseas bribery. "We are getting very, very high-quality information from whistle-blowers," said Sean McKessy, director of the SEC's whistle-blower office. In the program's first year, 2,870 tips — or about eight a day — rolled in as of Aug. 12. And on Tuesday, one of them finally led to the agency's first payout: $50,000 to an informant who alerted regulators to an investment fraud. They declined to specify the case, careful to avoid identifying the whistle-blower. Some say shielding identities could pose a challenge for publicizing the program, but the anonymity probably will yield more information. The flood of new information doesn't necessarily mean the SEC will be more effective. In the case of Madoff, one whistle-blower repeatedly sounded the alarm years before the scheme blew up — to no avail.

Note: For deeply revealing reports from reliable major media sources on the collusion between government and the big banks, click here.


CNBC Reports Financial System Changeover: “They’re Going to Put the Old System In a Coma”
2012-08-10, CNBC
http://video.cnbc.com/gallery/?video=3000108212

Kevin Ferry: There are Libor subpoenas raining down on the New York branches of these foreign banks today. So I think you really have to watch it. The [British Bankers' Association] is now saying they are going to go into ‘overhaul’ mode. So as if we don’t have enough things going on, you’re going to start opening up a Pandora’s Box here in the Libor sector of the market. I think what they’re going to do ... is basically put the old system in a coma, and work to devise something that’s a little bit better, and it’s going to be tricky. Doug Dachille: So what are they going to do with the euro/dollar futures and all the outstanding notion of principal of contracts linked to Libor? I mean is everybody going to convert their Libor interest rate swaps to cost of fund funds or Fed fund basis swaps or some other index? KF: Are you asking me? I’ve asked that question as high as I could ask it and I get blank stares. DD: It’s not clear that every bank has exactly the same Libor exposure, so it’s not clear that that cartel, in setting Libor and manipulating it, actually is as powerful as the cartel that manages oil prices. Yet I don’t hear any outrage of people routinely trading commodity derivatives and commodity futures, as much as I hear the outrage over euro/dollar futures and Libor-based interest rate swaps. Everybody assumes that’s what goes on when you trade commodity futures, but nobody ever really thought that was going on when you were trading euro/dollar futures.

Note: The text above is an excerpt from a CNBC news video. Click on the link above for the full report. For deeply revealing reports from reliable major media sources on corruption in the financial sector, click here.


US recession's other victim: public universities
2012-07-19, MSNBC/Reuters
http://www.msnbc.msn.com/id/48249642/ns/us_news-life

For generations, most college-bound Americans paid reasonable fees to attend publicly financed state universities. But the bedrock of that system is fracturing as cash-strapped states slash funding to these schools just as attendance has soared. Places like Ohio State, Penn State and the University of Michigan now receive less than 7 percent of their budgets from state appropriations. As a result, public universities — which historically have graduated the majority of U.S. college students — are eliminating programs, raising tuition and accepting more out-of-state students, who typically pay significantly higher rates. The upshot of it all? Students face greater competition for admission, significantly higher tuition bills and bigger debt loads upon graduation. The state cutbacks also mean students are attending larger classes, frequently taught by part-time professors earning dismal salaries. In 2009, less than a quarter of all university faculty were full-time, compared with 45 percent in 1975, according to the American Association of University Professors. State and local spending for public university students dropped to a 25-year low in 2011. Tuition and fees at public, four-year colleges have jumped by more than 70 percent on average over the last decade. Those costs hit $8,240 in 2011-12, up from $4,790 in 2001-02.

Note: Is the military more important than education? Why do huge military budgets continue to be well funded while educational budgets are slashed? Is this the future we want to give our children?


Faulty computer modeling caused San Onofre equipment problems
2012-06-19, Los Angeles Times
http://www.latimes.com/news/local/la-me-san-onofre-20120619,0,3178971.story

Faulty computer modeling caused the equipment problems that are expected to keep the San Onofre nuclear plant dark through the summer, federal regulators said Monday. The plant has been out of service since Jan. 31, when operators discovered a small leak in one of the thousands of steam generator tubes that carry hot, radioactive water used to create steam to turn turbines that generate electricity. That led to the discovery that other tubes were rubbing against support structures and adjacent tubes, and wearing out more quickly than expected. Eight tubes failed pressure testing, which NRC officials said ... is the first time in the nuclear industry that more than one tube at a plant has failed. The wear is a safety concern because tube ruptures can release radiation. The plant's operator, Southern California Edison; the NRC; and Mitsubishi Heavy Industries, the manufacturer of the steam generators, have been studying the cause and extent of the wear. The NRC has ordered Edison to keep the plant shuttered until it has determined the cause and how to fix it. "This is a significant, serious safety issue," said NRC regional administrator Elmo Collins. "This is a very difficult technical issue, and to be honest, it's not one we've seen before." NRC officials said it appears that simulations by Mitsubishi underpredicted the velocity of steam and water flowing among the tubes by a factor of three or four. The high rate of flow caused the tubes to vibrate and knock against each other, leading to the wear. It was not clear why the computer modeling was so far off.

Note: For lots more on corruption in the nuclear power industry, click here.


The Austerity Agenda
2012-06-01, New York Times
http://www.nytimes.com/2012/06/01/opinion/krugman-the-austerity-agenda.html

Slashing spending while the economy is deeply depressed is a self-defeating strategy, because it just deepens the depression. So why is Britain doing exactly what it shouldn’t? Unlike the governments of, say, Spain or California, the British government can borrow freely, at historically low interest rates. So why is that government sharply reducing investment and eliminating hundreds of thousands of public-sector jobs, rather than waiting until the economy is stronger? The great American economist Irving Fisher explained it all the way back in 1933, summarizing what he called “debt deflation” with the pithy slogan “the more the debtors pay, the more they owe.” Recent events, above all the austerity death spiral in Europe, have dramatically illustrated the truth of Fisher’s insight. So why have so many politicians insisted on pursuing austerity in [the] slump? And why won’t they change course even as experience confirms the lessons of theory and history? When you push “austerians” ... they almost always retreat to assertions along the lines of: “But it’s essential that we shrink the size of the state.” These assertions often go along with claims that the economic crisis itself demonstrates the need to shrink government. So the austerity drive in Britain isn’t really about debt and deficits at all; it’s about using deficit panic as an excuse to dismantle social programs. And this is, of course, exactly the same thing that has been happening in America.

Note: For lots more on the devastating impacts created by the corruption of governments and financial corporations, click here.


With Plan X, Pentagon seeks to spread U.S. military might to cyberspace
2012-05-30, Washington Post
http://www.washingtonpost.com/world/national-security/with-plan-x-pentagon-se...

The Pentagon is turning to the private sector, universities and even computer-game companies as part of an ambitious effort to develop technologies to improve its cyberwarfare capabilities, launch effective attacks and withstand the likely retaliation. The previously unreported effort, which its authors have dubbed Plan X, marks a new phase in the nation’s fledgling military operations in cyberspace. Plan X is a project of the Defense Advanced Research Projects Agency, a Pentagon division that focuses on experimental efforts and has a key role in harnessing computing power to help the military wage war more effectively. “If they can do it, it’s a really big deal,” said Herbert S. Lin, a cybersecurity expert with the National Research Council of the National Academies. “If they achieve it, they’re talking about being able to dominate the digital battlefield just like they do the traditional battlefield.” The five-year, $110 million research program will begin seeking proposals this summer. Among the goals will be the creation of an advanced map that details the entirety of cyberspace — a global domain that includes tens of billions of computers and other devices — and updates itself continuously. Such a map would help commanders identify targets and disable them using computer code delivered through the Internet or other means. Another goal is the creation of a robust operating system capable of launching attacks and surviving counterattacks.

Note: Isn't it ironic that the government continually seeks to restrict internet freedoms on the pretext of possible cyberattacks from abroad, while at the same time it carries out an aggressive cyberwar agenda of its own? For lots more reliable information on war manipulations, click here.


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