Media ArticlesExcerpts of Key Media Articles in Major Media
Note: Explore our full index to key excerpts of revealing 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.
This is the story of how some of the richest people in the world – Goldman, Deutsche Bank, the traders at Merrill Lynch, and more – have caused the starvation of some of the poorest people in the world. At the end of 2006, food prices across the world started to rise, suddenly and stratospherically. Within a year, the price of wheat had shot up by 80 per cent, maize by 90 per cent, rice by 320 per cent. In a global jolt of hunger, 200 million people – mostly children – couldn't afford to get food any more, and sank into malnutrition or starvation. There were riots in more than 30 countries, and at least one government was violently overthrown. Then, in spring 2008, prices just as mysteriously fell back to their previous level. Jean Ziegler, the UN Special Rapporteur on the Right to Food, calls it "a silent mass murder", entirely due to "man-made actions." Through the 1990s, Goldman Sachs and others lobbied hard and the regulations [controlling agricultural futures contracts] were abolished. Suddenly, these contracts were turned into "derivatives" that could be bought and sold among traders who had nothing to do with agriculture. A market in "food speculation" was born. The speculators drove the price through the roof.
Note: Some researchers speculate that the global elite are aware that alternative energies will eventually replace oil, which has been a prime means of control and underlying cause of many wars in recent decades. So as a replacement for oil, the elite and their secret societies are increasingly targeting control of the world's food supply through terminator crops which produce no seed, and through the patenting of seeds.
A 2004 study of the results of stock trading by United States Senators during the 1990s found that Senators on average beat the market by 12% a year. In sharp contrast, U.S. households on average underperformed the market by 1.4% a year and even corporate insiders on average beat the market by only about 6% a year during that period. A reasonable inference is that some Senators had access to – and were using – material nonpublic information about the companies in whose stock they trade. Under current law, it is unlikely that Members of Congress can be held liable for insider trading. The proposed Stop Trading on Congressional Knowledge Act addresses that problem by instructing the Securities and Exchange Commission to adopt rules intended to prohibit such trading. This article analyzes present law to determine whether Members of Congress, Congressional employees, and other federal government employees can be held liable for trading on the basis of material nonpublic information. It argues that there is no public policy rationale for permitting such trading and that doing so creates perverse legislative incentives and opens the door to corruption. The article explains that the Speech or Debate Clause of the U.S. Constitution is no barrier to legislative and regulatory restrictions on Congressional insider trading.
Note: Do you think that these highly successful investors in the US Senate might have a vested interest in protecting the existing financial and legal structure that makes their profits possible and protects them from criminal charges?
Iraqi authorities are investigating a fire that destroyed sensitive documents during an apparent Al Qaeda in Iraq attack against the Central Bank of Iraq, amid suspicions that the fire may have been set to destroy evidence in a potentially huge corruption case, officials say. Investigators became suspicious ... after they discovered that the fire was not caused by [the attack] but rather appeared to have been started deliberately in a second-floor room that is used by the inspector general responsible for investigating corruption cases, said Sabah Saadi, who heads the Integrity Committee in Iraq's parliament, charged with monitoring corruption. According to Saadi, the fire destroyed documents stored in the room that pertained to a particularly sensitive case involving a series of fraudulent checks drawn against accounts held by different companies with state-owned banks. At least $711 million had been found to be missing in the scheme, and two bank managers had been detained as part of an investigation before the fire, he said. But Saadi suspects that the scam may have been much larger and could have involved many more people. The investigation into the fire raises tantalizing questions about the nature of the attack, the role of Al Qaeda in Iraq and the extent of corruption in the country.
Note: This highly visible attack by "terrorists" masking the destruction of evidence of government corruption parallels the attacks of 9/11, in which the destruction (likely by controlled demolition) of WTC 7 served to destroy massive evidence of government and corporate fraud in SEC cases under investigation.
Genetic engineers, move over: the latest scheme for creating children to a parent’s specifications requires no DNA tinkering, but merely giving mom a steroid while she’s pregnant, and presto —- no chance that her daughters will be lesbians or (worse?) ‘uppity.’ Or so one might guess from the storm brewing over the prenatal use of that steroid, called dexamethasone. In February, bioethicist Alice Dreger of Northwestern University and two colleagues blew the whistle on the controversial practice of giving pregnant women dexamethasone to keep the female fetuses they are carrying from developing ambiguous genitalia. Dreger and her colleagues pluck numerous brow-raising statements from the writings of pediatric endocrinologist Maria New of Mount Sinai Medical Center in New York, who has long promoted prenatal dexamethasone. New has indeed argued that prenatal androgens can affect a woman’s sexual orientation, her interest in becoming a mother and housewife, her interest in traditionally masculine careers, and—in childhood—whether she plays with dolls or trucks. A book that Harvard University Press will publish in September, called Brain Storm: Flaws in the Science of Sex Differences, argues that studies claiming to find innate, sex-based brain differences are seriously flawed.
The Army has dropped the Vietnam-era name "psychological operations" for its branch in charge of trying to change minds behind enemy lines, acknowledging the term can sound ominous. The Defense Department picked a more neutral moniker: "Military Information Support Operations," or MISO. Fort Bragg is home to the 4th Psychological Operations Group, the Army's only active duty psychological operations unit. Psychological operations soldiers are trained at the post. The change was driven from the top, by Pentagon policymakers working for Defense Secretary Robert Gates. It reflects unease with the Cold War echoes of the old terminology, and the implication that the work involved subterfuge. Psychological operations have been cast as spooky in movies and books over the years portraying the soldiers as master manipulators. The 2009 movie "The Men Who Stare at Goats," staring George Clooney, was about an army unit that trains psychic spies, based on Jon Ronson's nonfiction account of the U.S. military's hush-hush research into psychic warfare and espionage.
Note: For more on psychological operations and mind control, click here.
Wachovia [Bank] ... made a habit of helping move money for Mexican drug smugglers. San Francisco's Wells Fargo & Co., which bought Wachovia in 2008, has admitted in court that its unit failed to monitor and report suspected money laundering by narcotics traffickers - including the cash used to buy four planes that shipped a total of 22 tons of cocaine. The admission ... sheds light on the largely undocumented role of U.S. banks in contributing to the violent drug trade that has convulsed Mexico for the past four years. Wachovia admitted it didn't do enough to spot illicit funds in handling $378.4 billion for Mexican currency exchange houses from 2004 to 2007. That's the largest violation of the Bank Secrecy Act, an anti-money-laundering law, in U.S. history - a sum equal to one-third of Mexico's current gross domestic product. "Wachovia's blatant disregard for our banking laws gave international cocaine cartels a virtual carte blanche to finance their operations," said Jeffrey Sloman, the federal prosecutor who handled the case. "It's the banks laundering money for the cartels that finances the tragedy," said Martin Woods, director of Wachovia's anti-money-laundering unit in London from 2006 to 2009. Woods says he quit the bank in disgust after executives ignored his documentation that drug dealers were funneling money through Wachovia's branch network. "If you don't see the correlation between the money laundering by banks and the 22,000 people killed in Mexico, you're missing the point," he said.
Note: For abundant reports from reliable sources on the many dubious ways in which major financial firms make their profits, click here.
The former chief executive of a British chemical company faces the prospect of extradition to the US after the firm admitted million-dollar bribes to officials to sell toxic fuel additives to Iraq. Paul Jennings, until last year chief executive of the Octel chemical works ... and his predecessor, Dennis Kerrison, exported tonnes of tetra ethyl lead (TEL), to Iraq. TEL is banned from cars in western countries because of links with brain damage to children. Iraq is believed to be the only country that still adds lead to petrol. The company recently admitted that, in a deliberate policy to maximise profits, executives from Octel – which since changed its name to Innospec – bribed officials in Iraq and Indonesia with millions of dollars to carry on using TEL, despite its health hazards. Senior Iraqi oil ministry officials are accused of taking British bribes throughout the UK-US occupation, up until 2008. US prosecutors say multi-million dollar bribes to Iraq were agreed in 2001-3, when Kerrison was chief executive. A decade ago, Octel decided to remain the world's only manufacturer of TEL for cars, after it was banned in the US and Europe. They used high profits from non-western countries to diversify into other products and to pay back investors, mainly US hedge funds run by Connecticut billionaire Jeffrey Gendell. According to prosecutors, the strategy included the corrupt blocking of health campaigns.
Note: For lots more from major media sources on corporate corruption, click here.
A new study has suggested that cell phone radiation may be contributing to declines in bee populations in some areas of the world. Bee populations dropped 17 percent in the UK last year, according to the British Bee Association, and nearly 30 percent in the United States says the U.S. Department of Agriculture. Parasitic mites called varroa, agricultural pesticides and the effects of climate change have all been implicated in what has been dubbed "colony collapse disorder" (CCD). But researchers in India believe cell phones could also be to blame for some of the losses. In a study at Panjab University in Chandigarh, northern India, researchers fitted cell phones to a hive and powered them up for two fifteen-minute periods each day. After three months, they found the bees stopped producing honey, egg production by the queen bee halved, and the size of the hive dramatically reduced. It's not just the honey that will be lost if populations plummet further. Bees are estimated to pollinate 90 commercial crops worldwide. Their economic value in the UK is estimated to be $290 million per year and around $12 billion in the U.S..
A top environmental group has sued the U.S. Food and Drug Administration over its failure to regulate bisphenol A, a ubiquitous chemical linked to reproductive harm, cancer and obesity in studies. The Natural Resources Defense Council filed a lawsuit [on June 29] in the U.S. Court of Appeals for the D.C. Circuit arguing that millions of Americans have been unnecessarily exposed to the substance - found in everything from soda bottles and tuna cans to children's sippy cups - in the two years since it first petitioned the agency to outlaw bisphenol A. Under the FDA's own rules, it was required to approve, deny or otherwise respond to the October 2008 petition within 180 days, the lawsuit said. After maintaining for decades that bisphenol A was safe, the FDA reversed position in January, saying exposure to the chemical was of "some concern" for infants and children. The FDA also said it would further study bisphenol A over the next two years. "More research is always welcome and interesting, but at some point you have to say, 'We know enough,' and take action. We've reached that point," said Sarah Janssen, senior scientist at the NRDC's Environment and Public Health program in San Francisco.
Note: For lots more from major media sources on corporate and government corruption, click here and here.
The Vatican on [June 28] issued an unprecedented rebuke of a top cardinal who had accused the retired Vatican No. 2 of blocking clerical sex abuse investigations, publicly dressing down a man who had been praised for his criticism of church abuse cover-ups. The silencing of Cardinal Christoph Schoenborn, the archbishop of Vienna and long considered a papal contender, drew heated criticism from clerical abuse victims. They said the Vatican should be honoring Schoenborn, not publicly humiliating him, for his calls for greater transparency and demands for a crackdown on priests who rape and sodomize children. Schoenborn has also called for an open discussion of priestly celibacy, views that the Vatican said he "clarified" on Monday during an audience with the pope. Schoenborn had accused the former Vatican secretary of state, Cardinal Angelo Sodano, in April of blocking a church investigation into the late Austrian Cardinal Hans Hermann Groer, who was accused by victims in 1995 of abusing boys at a seminary. "With his words, Benedict professes concern for victims. But by his actions, Benedict shows concern for his colleagues," said David Clohessy, executive director of SNAP, the Survivors Network of those Abused by Priests.
Note: For more on sex crimes and the Vatican, click here.
Nearly two years ago, a study known as the JUPITER [Justification for the Use of Statins in Primary Prevention] trial hinted at a new era in the use of statins -- one in which the cholesterol-busting drugs could be used to stave off heart-related death in many more people than just those with high cholesterol. Now, however, researchers behind a new review that takes a second look at the findings of the landmark study say that these results are flawed -- and that they do not support the benefits initially reported. Not only did this second look turn up no evidence of the "striking decrease in coronary heart disease complications" reported by investigators behind JUPITER, but it has also called into question drug companies' involvement in such trials, according to an article in the June 28 issue of Archives of Internal Medicine. Moreover, Dr. Michel de Lorgeril of Joseph Fourier University and the National Center of Scientific Research in Grenoble, France, and coauthors argue that major discrepancies exists between the significant reductions in nonfatal stroke and heart attacks reported in the JUPITER trial and what has been found in other research. "The JUPITER data set appears biased," Lorgeril and coauthors wrote in conclusion. De Lorgeril and coauthors point out that nine of 14 authors of the JUPITER article have financial relationships with AstraZeneca, which sponsored the trial.
Note: There is intriguing evidence that much of the fear around cholesterol was fabricated to sell drugs. For more on this, see the article by one of the most respected doctors on the Internet at this link.
The chief executive of Goldman Sachs Canada has been named a special adviser to the head of Canada's central bank. The Bank of Canada said [on June 29] that Timothy Hodgson will advise central bank head Mark Carney, a former Goldman Sachs executive, on financial reform. Carney says Hodgson is one of Canada's top investment bankers. Hodgson is leaving Goldman Sachs. The company has come under sharp criticism over civil fraud charges brought by the U.S. Securities and Exchange Commission and because of the high pay its executives and traders received during the financial crisis. Hodgson joined Goldman Sachs in 1990 and became CEO of its Canadian operations in 2005.
Note: So Canada's central bank head, a former Goldman Sachs exec, will now be advised by the chief executive of Goldman Sachs Canada. Hmmmmm.
Just when you thought the damage BP could cause was limited to beaches, marshes, oceans, people's livelihoods, birds and marine life, there's more. BP's favorite dispersant Corexit 9500 is being sprayed at the oil gusher on the ocean floor. Corexit is also being air sprayed across hundreds of miles of oil slicks all across the gulf. There have been widespread reports of oil cleanup crews reporting various injuries including respiratory distress, dizziness and headaches. Corexit 9500 is a solvent originally developed by Exxon. Corexit is four times more toxic than oil (oil is toxic at 11 ppm (parts per million), Corexit 9500 at only 2.61ppm). In a report written by Anita George-Ares and James R. Clark for Exxon Biomedical Sciences, Inc. titled "Acute Aquatic Toxicity of Three Corexit Products: An Overview," Corexit 9500 was found to be one of the most toxic dispersal agents ever developed. According to the Clark and George-Ares report, Corexit mixed with the higher gulf coast water temperatures becomes even more toxic. The UK's Marine Management Organization ... banned Corexit ... from a list of approved treatments for oil spills in the U.K. more than a decade ago. The simple question I ask is: If the UK bans Corexit ... why the hell are we using it on American waters?
*Lulu Maxwell, 17, Grade 12, Rosedale Heights: Maxwell and a friend were hanging around near Queen and Dufferin Sts. at a convergence centre for protesters on Sunday afternoon when police started making arrests. “My friend was blowing bubbles and I was scribbling peace signs on the sidewalk.” Within minutes, her friend was grabbed and Lulu was put up against a wall. Her backpack was searched and Lulu says an officer said she could be charged with possession of dangerous weapons “because I had eyewash solution in my backpack.” She was taken to the detention centre and almost 12 hours after her arrest was allowed to call her parents. She was released, without charges being laid, at 5 a. m. *Erin Boynton, 24, London, Ont. She was arrested at The Esplanade early Sunday morning after police boxed dozens of protesters in. “I was with a protest marching peacefully down Yonge from Dundas Square,” she said. “When the cops came at us, many people scattered and those who were left in front of the (Novotel) got arrested.” She said police came from all sides and “squished us in. They didn’t give us a warning to leave…. just announced that we are arresting all of you.” She said a lot of people at the detention centre were innocent bystanders. “The police violated all our rights . . . there was police brutality. Quite frankly, it was quite disgusting.” Boynton wasn’t charged.
Note: For lots more from major media sources on mounting threats to civil liberties, click here.
It emerged in April that Cardinal Dario Castrillon Hoyos, a Colombian who for 10 years was in charge of the Vatican department that supervises the clergy, wrote in 2001 with gushing approval to the Bishop of Bayeux, who went to jail rather than give French authorities information about a priest who had raped a minor. "I congratulate you for not turning in a priest to the civil administration," he wrote. "I am delighted to have a colleague ... who ... has preferred prison to turning in his son-priest." The Vatican confirmed the authenticity of the letter, which had been posted on a French website. But then Castrillon Hoyos himself added a crucial detail. In a radio interview he said the letter was the outcome of a high-level meeting of cardinals at which [Cardinal Ratzinger, now Pope Benedict] had been present. If the Pope wants to purge paedophilia from the church he must confront the compromised figures within the Curia and dismiss them. Pope Benedict XVI would like the Catholic Church to be very different from the one that ballooned out of all proportion under John Paul, purer, more beautiful, more austere. But far from moulding the church in his own image, he now risks having his own heritage fatally compromised.
Note: For more on sex crimes and the Vatican, click here.
My city feels like a crime scene and the criminals are all melting into the night, fleeing the scene. No, I’m not talking about the kids in black who smashed windows and burned cop cars on Saturday. I’m talking about the heads of state who, on Sunday night, smashed social safety nets and burned good jobs in the middle of a recession. Faced with the effects of a crisis created by the world’s wealthiest and most privileged strata, they decided to stick the poorest and most vulnerable people in their countries with the bill. How else can we interpret the G20’s final communiqué, which includes not even a measly tax on banks or financial transactions, yet instructs governments to slash their deficits in half by 2013. This is a huge and shocking cut, and we should be very clear who will pay the price: students who will see their public educations further deteriorate as their fees go up; pensioners who will lose hard-earned benefits; public-sector workers whose jobs will be eliminated. And the list goes on. These types of cuts have already begun in many G20 countries including Canada, and they are about to get a lot worse. But there is nothing to say that citizens of G20 countries need to take orders from this hand-picked club. Already, workers, pensioners and students have taken to the streets against austerity measures in Italy, Germany, France, Spain and Greece, often marching under the slogan: “We won’t pay for your crisis.” And they have plenty of suggestions for how to raise revenues to meet their respective budget shortfalls. Many are calling for a financial transaction tax that would slow down hot money and raise new money for social programs.
Note: This report from Toronto is by Naomi Klein, the author of The Shock Doctrine: The Rise of Disaster Capitalism. For powerful evidence that the violence at the recent G20 meeting was largely instigated by undercover police, click here.
The great cosmic joke would be to find out definitively that the advances we thought were blessings — from the hormones women pump into their bodies all their lives to the fancy phones people wait in line for all night — are really time bombs. We don’t yet really know the physical and psychological impact of being slaves to technology. We just know that technology is a narcotic. We’re living in the cloud, in a force field, so afraid of being disconnected and plunged into a world of silence and stillness that even if scientists told us our computers would make our arms fall off, we’d probably keep typing. San Francisco just became the first city in the country to pass legislation making cellphone retailers display radiation levels. The city’s Board of Supervisors voted 10 to 1 in favor. Different phone models emit anywhere from 0.2 watts per kilogram of body tissue to 1.6 watts, the legal limit. Sure enough, when the bill passed Tuesday, CTIA [The Wireless Association] issued a petulant statement that after 2010, it would relocate its annual three-day fall exhibition, with 68,000 exhibitors and attendees and “$80 million” in business, away from San Francisco.
Note: For many highly important articles from reliable sources on major health issues, click here.
The Food and Drug Administration is seriously considering whether to approve the first genetically engineered animal that people would eat — salmon that can grow at twice the normal rate. The salmon’s approval would help open a path for companies and academic scientists developing other genetically engineered animals. The salmon was developed by a company called AquaBounty Technologies and would be raised in fish farms. It is an Atlantic salmon that contains a growth hormone gene from a Chinook salmon as well as a genetic on-switch from the ocean pout, a distant relative of the salmon. Under a policy announced in 2008, the F.D.A. is regulating genetically engineered animals as if they were veterinary drugs and using the rules for those drugs. And applications for approval of new drugs must be kept confidential by the agency. Critics say the drug evaluation process does not allow full assessment of the possible environmental impacts of genetically altered animals and also blocks public input. “There is no opportunity for anyone from the outside to see the data or criticize it,” said Margaret Mellon, director of the food and [agriculture] program at the Union of Concerned Scientists. When consumer groups were invited to discuss biotechnology policy with top F.D.A. officials last month, Ms. Mellon said she warned the officials that approval of the salmon would generate “a firestorm of negative response.”
Note: For a valuable summary of the dangers of genetically engineered foods, click here.
Interpol has placed the head of anti-whaling group Sea Shepherd, Paul Watson, on its international wanted list. Interpol has issued a so-called blue notice, asking national police forces to pass on information about Mr Watson's whereabouts and activities. The Sea Shepherd leader has harassed the Japanese whaling fleet for the past few years, limiting the number of whales caught for so-called scientific research. Mr Watson, who is in the United States, says the notice does not make any sense. "It's a blue notice which means it's not an arrest warrant, it's just so they can keep tabs on me. But they needn't have wasted their time, they could have just followed our website," he said. "One thing that it does mean to me is that we're certainly getting to them. We cut their kill quotas in half and they're really desperate that we not go back down there this year. But I can tell them we'll certainly be back down in the Southern Ocean harassing them again in December."
Note: For lots more on whales and other marine mammals, and on their defenders from slaughter and abuse, click here.
Police forces in charge of security at the G20 summit in Toronto have been granted special powers for the duration of the summit. The new powers took effect [on June 21] and apply along the border of the G20 security fence that encircles a portion of the downtown core. This area — the so-called red zone — includes the Metro Toronto Convention Centre, where delegates will meet. Under the new regulations, anyone who comes within five metres of the security area is obliged to give police their name and state the purpose of their visit on request. Anyone who fails to provide identification or explain why they are near the security zone can be searched and arrested. The new powers are designed specifically for the G20, CBC's Colin Butler reported Friday. Ontario's cabinet quietly passed the new rules on June 2 without legislature debate. Civil liberties groups are concerned about the new regulations. Anyone who refuses to identify themselves or refuses to provide a reason for their visit can be fined up to $500 and face up to two months in jail. The regulation also says that if someone has a dispute with an officer and it goes to court "the police officer's statement under oath is considered conclusive evidence under the act."
Important Note: Explore our full index to key excerpts of revealing 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.