Media ArticlesExcerpts of Key Media Articles in Major Media
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Crime in the United States dropped dramatically in 2009, bucking a historical trend that links rising crime rates to economic woes. Property crimes and violent offenses each declined about 5 percent, the FBI said. It was the third straight year of declines, and this year's drops were even steeper than those of 2007 and 2008, despite the recession. Last year's decline was 5.5 percent for violent crime, including 7.2 percent for murders. The rate for property crime was down 4.9 percent, the seventh consecutive drop for that category. The declines had been a more modest 1.9 percent for violent crime and 0.8 percent for property crime in 2008 and 0.7 percent and 1.4 percent respectively the previous year.
Note: What this report completely fails to mention is that government statistic show that violent crime is down over 50% since 1994! Why do the major media consistently fail to report this awesome news? For reliable, verifiable on this, click here.
Gary Heseltine's fascination with the unexplained in British skies began at the age of 15, when he spotted a mysterious bright light while walking his first girlfriend home. The 49-year-old father-of-two picked up the 2010 Disclosures Award in Washington for his website, prufospolicedatabase.co.uk, which he launched in 2002. He said: "Winning the award was a total surprise. I didn't know I was going to win until my name was read out. It's also a terrific boost for my database as it puts me on an international platform, and I have already been offered chances to give lectures in Brazil and Denmark." Mr Heseltine, from Scunthorpe, Lincolnshire, has amassed a database including 330 cases and the witness statements of more than 750 police officers. Despite investigating thousands of reports, He said he will always remember his first sighting over the skies of Scunthorpe in 1975. He said: "I was with my first girlfriend heading towards the comprehensive school and suddenly became aware of a large bright light. Suddenly all the electricity on the housing estate we could see ahead cut out. We were terrified at the time but afterwards I decided to investigate and discovered that power cuts are extremely common during UFO sightings."
Note: WantToKnow.info manager Fred Burks has met Gary and was very impressed by his thorough research on UFO sightings by police officers. Don't miss his excellent website available here.
California first lady Maria Shriver told 1,000-odd attendees at the Microfinance USA 2010 conference in San Francisco. "Maybe I need a loan, too." Actually, she admitted offstage, her 2-year-old company, Lovin' Scoopful, whose "gourmet light" ice cream is on grocery shelves in 22 states, is doing quite well. And Shriver was at the conference to give rather than receive. Not only to cheer on the burgeoning microfinance movement, but to give $300,000 from her nonprofit Women's Conference organization to various microfinance organizations, including San Francisco's Kiva.org - Shriver heads one of its "lending teams" - and San Jose's Opportunity Fund, which put on the two-day conference. But that was a small tip of the growing amount of serious money flowing into the sector. "Banks, especially since they've come under more scrutiny, realize getting involved in microfinance is good business," said Premal Shah, president of Kiva. "Bringing more people into the economic mainstream ultimately brings them more customers." But with the coming of age also come pitfalls, as Kiva and others have found. A New York Times story last month ... about the seemingly usurious rates of interest some lenders were charging created a stir in the microfinance community.
Note: To learn more about how you can help to end poverty through investing in microloans, click here.
Craig Venter and his team have built the genome of a bacterium from scratch and incorporated it into a cell to make what they call the world's first synthetic life form. The world's first synthetic life form ... paves the way for designer organisms that are built rather than evolved. The controversial feat, which has occupied 20 scientists for more than 10 years at an estimated cost of $40m, was described by one researcher as "a defining moment in biology". Craig Venter, the pioneering US geneticist behind the experiment, said the achievement heralds the dawn of a new era in which new life is made to benefit humanity, starting with bacteria that churn out biofuels, soak up carbon dioxide from the atmosphere and even manufacture vaccines. However critics, including some religious groups, condemned the work, with one organisation warning that artificial organisms could escape into the wild and cause environmental havoc or be turned into biological weapons. Others said Venter was playing God. The new organism is based on an existing bacterium... but at its core is an entirely synthetic genome that was constructed from chemicals in the laboratory. The single-celled organism has four "watermarks" written into its DNA to identify it as synthetic and help trace its descendants back to their creator, should they go astray.
Note: For a vault of key reports from reliable souces on genetic engineering, click here.
The United States must curb consumption and credit and boost production and savings, but its citizens and leaders so far lack the will to change, economist Paul Volcker said. Volcker, 82, an adviser to the Obama administration, ... said the United States spiraled toward the Great Recession through an excess of debt that subsidized an appetite for consumer goods, many of them imported. The chief bugaboo, in Volcker's view, was a runaway financial sector that ... became a factory to make money by manipulating money. He said under-regulated financiers made big profits and bonuses by swapping derivatives and other exotic instruments that produced few of the widespread benefits - like better jobs and wages - that normally flow from investment. Now that this financial house of cards has collapsed, Volcker said, U.S. and world leaders must figure out how to stop powerful mega-banks and hedge funds from engaging in the same shenanigans that forced taxpayers to bail them out to prevent further catastrophe. "The central issue with which we have been grappling is the doctrine of 'too big to fail,' " Volcker said, alluding to how the United States bailed out institutions like insurer AIG to prevent their collapse from further damaging the economy.
Note: For a great collection of reports from major media sources on the hidden realities of the Wall Street crisis and the government bailout of big finance, click here.
BP's estimate that only 5,000 barrels of oil are leaking daily from a well in the Gulf of Mexico, which the Obama administration hasn't disputed, could save the company millions of dollars in damages when the financial impact of the spill is resolved in court, legal experts say. Neither BP nor the federal government has tried to measure at the source the amount of crude pouring into the water. BP and the Obama administration have said they don't want to take the measurements for fear of interfering with efforts to stop the leaks. The amount of oil spilled is certain to be key evidence in the court battles that are likely to result from the disaster. The size of the Exxon Valdez spill in Alaska, for example, was a significant factor that the jury considered when it assessed damages against Exxon. "If they put off measuring, then it's going to be a battle of dueling experts after the fact trying to extrapolate how much spilled after it has all sunk or has been carried away," said Lloyd Benton Miller, one of the lead plaintiffs' lawyers in the Exxon Valdez spill litigation. "The ability to measure how much oil was released will be impossible."
Note: For lots more from major media sources on corporate and government collusion and corruption, click here and here.
Gary McKinnon has received a double boost in his five year battle against being extradited to America to face computer hacking charges. Home Secretary Theresa May [has] decided to halt the legal process so she [can] re-examine [the] impact of extradition on Mr McKinnon’s health. The coalition Government also confirmed in its formal agreement it would conduct a comprehensive review of the controversial extradition treaty under which Mr McKinnon was set to be extradited. Mr McKinnon, 44 ... is challenging a US bid to extradite him on charges of hacking into highly sensitive military computers eight years ago. Mr McKinnon was accused in 2002 of using his home computer to hack into 97 American military and Nasa computers, causing damage that the US government claims will cost more than $700,000 dollars ... to repair. He admits breaching the systems but denies causing damage and claims he was looking for evidence of UFOs.
Note: For more on Gary McKinnon's fascinating reasons for hacking into US military computer systems, click here and here.
BP, the company in charge of the rig that exploded last month in the Gulf of Mexico, hasn't publicly divulged the results of tests on the extent of workers' exposure to evaporating oil or from the burning of crude over the gulf, even though researchers say those data are crucial in determining whether the conditions are safe. Moreover, the company isn't monitoring the extent of the spill and only reluctantly released videos of the spill site that could give scientists a clue to the amount of the oil in the gulf. BP's role as the primary source of information has raised questions about whether the government should intervene to gather such data and to publicize them and whether an adequate cleanup can be accomplished without the details of crude oil spreading across the gulf. The company also hasn't publicly released air sampling for oil spill workers although Occupational Safety and Health Administration, the agency in charge of monitoring compliance with worker safety regulations, is relying on the information and has urged it to do so.
Note: For lots more from major media sources on corporate and government collusion and corruption, click here and here.
Inside the humdrum offices of a tiny trading firm called Tradeworx, workers ... tend high-speed computers that typically buy and sell 80 million shares a day. But on the afternoon of May 6, as the stock market began to plunge in the “flash crash,” someone here walked up to one of those computers and typed the command HF STOP: sell everything and shutdown. Across the country, several of Tradeworx’s counterparts did the same. In a blink, some of the most powerful players in the stock market — high-frequency traders — went dark. The result sent chills through the financial world. After the brief 1,000-point plunge in the stock market that day, the growing role of high-frequency traders in the nation’s financial markets is drawing new scrutiny. Over the last decade, these high-tech operators have become sort of a shadow Wall Street — from New Jersey to Kansas City, from Texas to Chicago. Depending on whose estimates you believe, high-frequency traders account for 40 to 70 percent of all trading on every stock market in the country. Some of the biggest players trade more than a billion shares a day. These are short-term bets. Very short. The founder of Tradebot, in Kansas City, Mo., told students in 2008 that his firm typically held stocks for 11 seconds. Tradebot, one of the biggest high-frequency traders around, had not had a losing day in four years, he said.
Note: For key reports on the dubious practices which underlay the financial crisis and the impoverishment of the public treasury, click here.
A new analysis of U.S. health data links children's attention-deficit disorder with exposure to common pesticides used on fruits and vegetables. While the study couldn't prove that pesticides used in agriculture contribute to childhood learning problems, experts said the research is persuasive. "I would take it quite seriously," said Virginia Rauh of Columbia University, who has studied prenatal exposure to pesticides and wasn't involved in the new study. Children may be especially prone to the health risks of pesticides because they're still growing and they may consume more pesticide residue than adults relative to their body weight. The compounds turned up in the urine of 94 percent of the children. The kids with higher levels had increased chances of having ADHD, attention-deficit hyperactivity disorder, a common problem that causes students to have trouble in school. The findings were published Monday in Pediatrics. "Exposure is practically ubiquitous. We're all exposed," said lead author Maryse Bouchard of the University of Montreal. She said people can limit their exposure by eating organic produce. A 2008 Emory University study found that in children who switched to organically grown fruits and vegetables, urine levels of pesticide compounds dropped to undetectable or close to undetectable levels.
Note: For a treasure trove of key health reports from reliable sources, click here.
The Australian founder of the whistleblower website Wikileaks had his passport confiscated by police when he arrived in Melbourne last week. Julian Assange, who does not have an official home base and travels every six weeks, [said] that immigration officials had said his passport was going to be cancelled because it was looking worn. However he then received a letter from the Australian Communication Minister Steven Conroy’s office stating that the recent disclosure on Wikileaks of a blacklist of websites the Australian government is preparing to ban had been referred to the Australian Federal Police (AFP). Last year Wikileaks published a confidential list of websites that the Australian government is preparing to ban under a proposed internet filter – which in turn caused the whistleblower site to be placed on that list. Mr Assange, 37, told The Age newspaper that half an hour after his passport was returned to him an AFP officer searched one of his bags and questioned him about a previous criminal record for computer hacking offences when he was a teenager. He was then told his passport status was classified as “normal” on the immigration database. In 1991 Mr Assange, described by Wikileaks as “Australia’s most famous ethical computer hacker”, was charged with 30 offences over the alleged hacking of police, Telco’s and US military computers. He admitted to 24 charges and was fined.
The gusher unleashed in the Gulf of Mexico continues to spew crude oil. There are no reliable estimates of how much oil is pouring into the gulf. But it comes to many millions of gallons since the catastrophic blowout. Mike Williams, one of the last crewmembers to escape the inferno ... says the destruction of the Deepwater Horizon [oil rig] had been building for weeks in a series of mishaps. The tension in every drilling operation is between doing things safely and doing them fast; time is money and this job was costing BP a million dollars a day. But Williams says there was trouble from the start - getting to the oil was taking too long. Williams said they were told it would take 21 days; according to him, it actually took six weeks. With the schedule slipping, Williams says a BP manager ordered a faster pace. Williams says there was an accident on the rig that has not been reported before. He says, four weeks before the explosion, the rig's most vital piece of safety equipment was damaged ... the blowout preventer, or BOP. The spill has cost BP about $500 million so far. But consider, in just the first three months this year, BP made profits of $6 billion. There are plenty of accusations to go around that BP pressed for speed, Halliburton's cement plugs failed, and Transocean damaged the blowout preventer. Through all the red flags, they pressed ahead.
Note: For lots more from major media sources on corporate and government collusion and corruption, click here and here.
Accused of "the biggest military hack of all time", Gary McKinnon could be the most dangerous hacker in the world. Facing charges of hacking into 97 US military and Nasa computers and banned from using the internet in 2005, the 44-year-old will never touch a computer again if the US military has its way. Here, in his own words via email ... McKinnon gives [Independent on Sunday] readers an insight into how he feels after a four-year legal battle to stay out of the hands of the US authorities. [Q.] So, what punishment would be appropriate? [McKinnon:] A punishment proportionate to the crime and consistent with other accused hackers in the UK, including those accused of hacking into the Pentagon. 300 people a day still infiltrate Nasa and US military computers. There have been no other extradition requests from the US for any other hackers in the world. [Q.] What were you looking for at Nasa? [McKinnon:] Suppressed evidence of reverse engineered UFO technology, free energy that would help to stop climate change and would help to stop old age pensioners from dying of cold ... and also evidence of anti-gravity. [Q.] What did you find? [McKinnon:] A space fleet and an impressive UFO and a total lack of Nasa and military internet security.
Note: For many kinds of evidence for UFOs and reports from reliable sources on governmental secrecy on this issue, see our UFO Information Center.
G.D.P. is an index of a country’s entire economic output — a tally of, among many other things, manufacturers’ shipments, farmers’ harvests, retail sales and construction spending. It’s a figure that compresses the immensity of a national economy into a single data point of surpassing density. The conventional feeling about G.D.P. is that the more it grows, the better a country and its citizens are doing. [But] it has been a difficult few years for G.D.P. For decades, academics and gadflies have been critical of the measure, suggesting that it is an inaccurate and misleading gauge of prosperity. What has changed more recently is that G.D.P. has been actively challenged by a variety of world leaders, especially in Europe, as well as by a number of international groups, like the Organization for Economic Cooperation and Development. The G.D.P. ... has not only failed to capture the well-being of a 21st-century society but has also skewed global political objectives toward the single-minded pursuit of economic growth. Which indicators are the most suitable replacements for, or most suitable enhancements to, G.D.P. Should they measure educational attainment or employment? Should they account for carbon emissions or happiness?
Note: Which is more important, the economic prosperity of a people, or the well being and level of happiness?
Top military officials have continued to rely on a secret network of private spies who have produced hundreds of reports from deep inside Afghanistan and Pakistan. Earlier this year, government officials admitted that the military had sent a group of former Central Intelligence Agency officers and retired Special Operations troops into the region to collect information — some of which was used to track and kill people suspected of being militants. Many portrayed it as a rogue operation that had been hastily shut down once an investigation began. But interviews with more than a dozen current and former government officials and businessmen, and an examination of government documents, tell a different a story. Not only are the networks still operating, their detailed reports on subjects like the workings of the Taliban leadership in Pakistan and the movements of enemy fighters in southern Afghanistan are also submitted almost daily to top commanders and have become an important source of intelligence. Pentagon officials said that ... the supervisor who set up the contractor network, Michael D. Furlong, was now under investigation. But a review of the program by The New York Times found that Mr. Furlong’s operatives were still providing information using the same intelligence gathering methods as before.
Note: For revealing reports on the secret and extra-legal operations of the US military in Afghanistan and Iraq, click here.
The Obama administration’s decision to authorize the killing by the Central Intelligence Agency of a terrorism suspect who is an American citizen has set off a debate over the legal and political limits of drone missile strikes, a mainstay of the campaign against terrorism. The notion that the government can, in effect, execute one of its own citizens far from a combat zone, with no judicial process and based on secret intelligence, makes some legal authorities deeply uneasy. To eavesdrop on the terrorism suspect who was added to the target list, the American-born radical cleric Anwar al-Awlaki, who is hiding in Yemen, intelligence agencies would have to get a court warrant. But designating him for death, as C.I.A. officials did early this year with the National Security Council’s approval, required no judicial review. “Congress has protected Awlaki’s cellphone calls,” said Vicki Divoll, a former C.I.A. lawyer who now teaches at the United States Naval Academy. “But it has not provided any protections for his life. That makes no sense.” But like the debate over torture during the Bush administration, public discussion of what officials call targeted killing has been limited by the secrecy of the C.I.A. drone program.
Note: Obama is the first president to publicly order the assassination of an American citizen. Neither George W. Bush nor Dick Cheney asserted such a power on the part of the president. For an analysis, click here.
The amount of oil spilling into the Gulf of Mexico may be at least 10 times the size of official estimates, according to an exclusive analysis conducted for NPR. At NPR's request, experts examined video that BP released Wednesday. Their findings suggest the BP spill is already far larger than the 1989 Exxon Valdez accident in Alaska, which spilled at least 250,000 barrels of oil. BP has said repeatedly that there is no reliable way to measure the oil spill in the Gulf of Mexico by looking at the oil gushing out of the pipe. But scientists say there are actually many proven techniques for doing just that. Steven Wereley, an associate professor of mechanical engineering at Purdue University, analyzed videotape of the seafloor gusher using a technique called particle image velocimetry. A computer program simply tracks particles and calculates how fast they are moving. Wereley put the BP video of the gusher into his computer. He made a few simple calculations and came up with an astonishing value for the rate of the oil spill: 70,000 barrels a day — much higher than the official estimate of 5,000 barrels a day. The method is accurate to a degree of plus or minus 20 percent. This new, much larger number suggests that capturing — and cleaning up — this oil may be a much bigger challenge than anyone has let on.
Note: For lots more from reliable souces on government corruption and collusion with industries it is supposed to be regulating, click here.
The federal Minerals Management Service gave permission to BP and dozens of other oil companies to drill in the Gulf of Mexico without first getting required permits from another agency that assesses threats to endangered species — and despite strong warnings from that agency about the impact the drilling was likely to have on the gulf. Those approvals, federal records show, include one for the well drilled by the Deepwater Horizon rig, which exploded on April 20, killing 11 workers and resulting in thousands of barrels of oil spilling into the gulf each day. The Minerals Management Service, or M.M.S., also routinely overruled its staff biologists and engineers who raised concerns about the safety and the environmental impact of certain drilling proposals in the gulf and in Alaska, according to a half-dozen current and former agency scientists. Those scientists said they were also regularly pressured by agency officials to change the findings of their internal studies if they predicted that an accident was likely to occur or if wildlife might be harmed. “M.M.S. has given up any pretense of regulating the offshore oil industry,” said Kierán Suckling, director of the Center for Biological Diversity, ... which filed notice of intent to sue the agency over its noncompliance with federal law concerning endangered species. “The agency seems to think its mission is to help the oil industry evade environmental laws.”
Note: For lots more from reliable souces on government corruption and collusion with industries it is supposed to be regulating, click here.
More than a year and a half after Iceland's major banks failed, all but sinking the country's economy, police have begun rounding up a number of top bankers while other former executives and owners face a $US2 billion ($2.24 billion) lawsuit. Since Iceland's three largest banks - Kaupthing, Landsbanki and Glitnir - collapsed in late 2008, their former executives and owners have largely been living untroubled lives abroad. But the publication last month of a parliamentary inquiry into the island nation's profound financial and economic crisis signalled a turning of the tide, laying much of the blame for the downfall on the former bank heads who had taken "inappropriate loans from the banks" they worked for. Overnight, the administrators of Glitnir's liquidation announced they had filed a $US2 billion lawsuit in a New York court against former large shareholders and executives for alleged fraud. "I think this lawsuit is without precedence in Iceland," Steinunn Gudbjartsdottir, who chairs Glitnir's so-called winding-up board, told reporters in Reykjavik. The bank also said it was "taking action against its former auditors PricewaterhouseCoopers (PwC) for facilitating and helping to conceal the fraudulent transactions engineered by [its principal shareholder] and his associates, which ultimately led to the bank's collapse in October 2008."
Note: Yet American and British bankers who played a major role in the economic collapse are getting record pay. For an incisive article in Rolling Stone titled "Why Isn't Wall Street in Jail?" click here. For key reports on financial fraud from major media sources, click here.
It is the Wall Street equivalent of a perfect game of baseball — 27 up, 27 down, the final score measured in millions of dollars a day. Despite the running unease in world markets, four giants of American finance managed to make money from trading every single day during the first three months of the year. Their remarkable 61-day streak is one for the record books. Perfect trading quarters on Wall Street are about as rare as perfect games in Major League Baseball. But Bank of America, Citigroup, Goldman Sachs and JPMorgan Chase & Company produced the equivalent of four perfect games during the first quarter. Each one finished the period without losing money for even one day. Their showing ... underscored the outsize — and controversial — role that trading has assumed at major financial institutions. It also drives home the widening lead that a handful of big banks are enjoying over lesser rivals on post-bailout Wall Street. The four banks ... reaped big rewards without necessarily placing big bets that stocks or bonds would go up or down. “This is not about hitting home runs,” said Jaidev Iyer, who runs his own risk management consulting firm, J-Risk Advisors. “This is just, as we call it, milking the market and your captive client base.”
Note: For an astounding list on the Forbes website of the richest companies in the world by assets, click here. All of the top 10 companies are banks, with collective assets of over $22 trillion! Yet we as taxpayers continue to pay to bail them out when they have problems. Is something wrong with this picture? For a graphic representation of this, click here. And for an abundance of deep reporting in major media articles on the hidden realities of Wall Street's shadowy operations, click here.
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.