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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.
The world is much closer to running out of oil than official estimates admit, according to a whistleblower at the International Energy Agency who claims it has been deliberately underplaying a looming shortage for fear of triggering panic buying. The allegations raise serious questions about the accuracy of the organisation's latest World Energy Outlook on oil demand and supply. In particular they question the prediction in the last World Economic Outlook ... repeated again this year, that oil production can be raised from its current level of 83m barrels a day to 105m barrels. External critics have frequently argued that this cannot be substantiated by firm evidence. "The IEA in 2005 was predicting oil supplies could rise as high as 120m barrels a day by 2030 although it was forced to reduce this gradually to 116m and then 105m last year," said the IEA source, who was unwilling to be identified for fear of reprisals inside the industry. "Many inside the organisation believe that maintaining oil supplies at even 90m to 95m barrels a day would be impossible but there are fears that panic could spread on the financial markets if the figures were brought down further." A second senior IEA source ... said a key rule at the organisation was that it was "imperative not to anger the Americans" but the fact was that there was not as much oil in the world as had been [claimed].
Your body is probably home to a chemical called bisphenol A, or BPA. It’s a synthetic estrogen that United States factories now use in everything from plastics to epoxies — to the tune of six pounds per American per year. More than 92 percent of Americans have BPA in their urine, and scientists have linked it ... to everything from breast cancer to obesity, from attention deficit disorder to genital abnormalities in boys and girls alike. Now it turns out it’s in our food. Consumer Reports magazine tested an array of brand-name canned foods for a report in its December issue and found BPA in almost all of them. The magazine says that relatively high levels turned up, for example, in Progresso vegetable soup, Campbell’s condensed chicken noodle soup, and Del Monte Blue Lake cut green beans. The magazine also says it found BPA in the canned liquid version of Similac Advance infant formula ... and in canned Nestlé Juicy Juice. The BPA in the food probably came from an interior coating used in many cans. More than 200 other studies have shown links between low doses of BPA and adverse health effects, according to the Breast Cancer Fund, which is trying to ban the chemical from food and beverage containers. “The vast majority of independent scientists — those not working for industry — are concerned about early-life low-dose exposures to BPA,” said Janet Gray, a Vassar College professor who is science adviser to the Breast Cancer Fund.
Note: For more on BPA and other health issues, click here.
The Department of Homeland Security is finalizing a proposal to collect fingerprints or eye scans from all foreign travelers at U.S. airports as they leave the country, officials said, a costly screening program that airlines have opposed. The plan ... would collect fingerprints at airport security checkpoints, departure gates or terminal kiosks, allowing the government to track when roughly 35 million foreign visitors a year. In a concession to industry, DHS said it probably will drop plans to require airlines to pay for the bulk of the program and is looking to cut costs, which could reach $1 billion to $2 billion over a decade, largely to be paid by taxpayers or foreign travelers. In addition, the program would not operate for now at land borders, where 80 percent of noncitizens enter and leave the country, because fingerprinting travelers there could cost billions more and significantly delay commerce. Congress focused on inbound travelers after the [September 11, 2001 attacks,] appropriating $3 billion since 2003 on the US-VISIT tracking program. The program collects biological identifiers, such as fingerprints and digital photographs, from all arriving foreigners except Canadians and Mexicans with special border-crossing cards. By the time Bush administration officials unveiled a $3.5 billion program in April 2008, however, political impetus for changes had weakened.
Note: For many reports from major media sources of growing government threats to civil liberties, click here.
Things turned Orwellian in the House Financial Services Committee this week when members — with the backing of the White House — passed an investor protection bill that would make it all too easy for thousands of publicly traded companies to cook their books. While the bill offers investors important protections ... an amendment was added to permanently exempt smaller public companies (worth less than $75 million) from a post-Enron auditing requirement. It passed with votes from 28 of the committee’s 29 Republicans (one was absent) and 9 Democrats. All clearly were more interested in pleasing corporate constituents than protecting investors who, last time we checked, are also constituents. While President Obama and Democratic leaders say they are committed to more transparency and regulation over derivatives — the complex instruments that were at the heart of the financial crisis — they are supporting a dangerous exemption for big businesses in the derivative reform bill pending in the House. Another House bill to protect consumers of financial products has concessions for big and small banks alike. It appears that the administration will support those concessions, too. Mr. Obama and his aides have said repeatedly that they are committed to closing the regulatory gaps that allowed the financial system to spin so dangerously out of control. They need to do a lot more.
Note: For many revealing reports from reliable sources on the realities behind the Wall Street bailout, click here.
It took just five weeks after the WorldCom accounting scandal erupted in 2002 for Congress to pass ... the Sarbanes-Oxley Act. That law required public companies to make sure their internal controls against fraud were not full of holes. Sarbanes-Oxley was passed, almost unanimously, by a Republican-controlled House and a Democratic-controlled Senate. Now a Democratic Congress is gutting it with the apparent approval of the Obama administration. The House Financial Services Committee this week approved an amendment to the Investor Protection Act of 2009 — a name George Orwell would appreciate — to allow most companies to never comply with the law, and mandating a study to see whether it would be a good idea to exempt additional ones as well. Some veterans of past reform efforts were left sputtering with rage. “That the Democratic Party is the vehicle for overturning the most pro-investor legislation in the past 25 years is deeply disturbing,” said Arthur Levitt, a Democrat who was chairman of the Securities and Exchange Commission under President Bill Clinton. There are other threats to Sarbanes-Oxley as well. The law set up a long-overdue system of regulating the accounting industry, which had proved time and again that it was incapable of effective self-regulation. The Public Company Accounting Oversight Board has done a credible job, but a month from now the Supreme Court will hear a case that could drive it out of existence.
Note: For a treasure trove of revealing reports from reliable sources on the realities behind the Wall Street collapse and bailout, click here.
On a remote edge of Utah's dry and arid high desert ... hard-hatted construction workers with top-secret clearances are preparing to build [a] mammoth $2 billion structure. It's being built by the ultra-secret National Security Agency ... to house trillions of phone calls, e-mail messages, and [electronic data trails of all kinds]. The NSA is also completing work on another data archive, this one in San Antonio, Texas, which will be nearly the size of the Alamodome. Just how much information will be stored in these windowless cybertemples? A recent report prepared by the MITRE Corporation, a Pentagon think tank, [states] "Sensor data volume could potentially increase to the level of Yottabytes [10-to-the-24th-power bytes] by 2015." Once vacuumed up and stored in these near-infinite "libraries," the data are then analyzed by powerful infoweapons, supercomputers running complex algorithmic programs, to determine who among us may be — or may one day become — a terrorist. Emerging [after 9/11] as the most powerful chief the spy world has ever known was the director of the NSA. He is in charge of an organization three times the size of the CIA and empowered in 2008 by Congress to spy on Americans to an unprecedented degree. These new centers in Utah, Texas, and possibly elsewhere will likely become the centralized repositories for the data intercepted by the NSA in America's version of the "big brother database."
Note: James Bamford, the author of this review of a new book on the history of the NSA, has himself written three important books on the agency. For many revealing reports from reliable sources on the developing capacity by government and corporate surveillance to construct a "Big Brother" states, click here.
Advice about soft drinks and health from one of the nation's largest doctors groups will soon be brought to you by Coke. The American Academy of Family Physicians has prompted outcry and lost members over its new six-figure alliance with the Coca-Cola Co. The deal will fund educational materials about soft drinks for the academy's consumer health and wellness Web site, www.FamilyDoctor.org. "Coca-Cola, like other sodas, causes enormous suffering and premature death by increasing the risks of obesity, diabetes, heart attacks, gout, and cavities," Harvard University nutrition expert Dr. Walter Willett said in an e-mail. He said the academy "should be a loud critic of these products and practices, but by signing with Coke their voice has almost surely been muzzled." Dr. Henry Blackburn, a University of Minnesota public health specialist, said the deal "will inevitably have a chilling effect on the focus of their message in regards to sweet drinks."
Note: For more on corruption in the medical/corporate complex, click here.
In a landmark ruling, an Italian judge ... convicted a base chief for the Central Intelligence Agency and 22 other Americans, almost all C.I.A. operatives, of kidnapping a Muslim cleric from the streets of Milan in 2003. The case was a huge symbolic victory for Italian prosecutors, who drew the first convictions involving the American practice of rendition, in which terrorism suspects are captured in one country and taken for questioning in another, often one more open to [torture]. The fact that Italy would actually convict intelligence agents of an allied country was seen as a bold move that could set a precedent in other cases. Judge Oscar Magi handed an eight-year sentence to Robert Seldon Lady, a former C.I.A. base chief in Milan, and five-year sentences to the 22 other Americans, including an Air Force colonel and 21 C.I.A. operatives. Three of the other high-ranking Americans were given diplomatic immunity, including Jeffrey Castelli, a former C.I.A. station chief in Rome. Citing state secrecy, the judge did not convict five high-ranking Italians charged in the abduction, including a former head of Italian military intelligence, Nicolň Pollari. All the Americans were tried in absentia and are considered fugitives. Armando Spataro, the counterterrorism prosecutor who brought the case, said he was considering asking the Italian government for an international arrest warrant for the fugitive Americans. Tom Parker, Amnesty International’s United States point man for terrorism issues, called on the Obama administration to “repudiate the unlawful practice of extraordinary rendition.”
Note: The US government has refused to extradite to Italy the 23 Americans convicted in absentia of kidnapping. Yet the US is pressing for the extradition of 76-year-old Roman Polanski for fleeing the US after serious judicial malfeasance. For an analysis of these contradictions by US authorities over extradition, click here.
You may have heard of abiotic oil, the notion that oil is not the result of ancient biomass – hence the term fossil fuels — but rather from compressed methane seeping up from the Earth’s mantle. Most petroleum engineers spurn abiotic oil as a crackpot idea, but the notion has percolated along and been popularized by books such as Thomas Gold’s Deep Hot Biosphere. Setting aside the climate issue of burning petroleum, the idea of naturally replenished oil supplies is alluring considering oil is by far the most portable, energy dense fuel around. [A] paper published in Energy & Fuels, a peer-reviewed publication, supports the theory of abiotic oil. For their study geochemists at the Carnegie Institution of Washington combined the key ingredients for the abiotic synthesis of methane in a device and then simulated the high pressures and temperatures near the interface between the Earth’s crust and mantle. They found it highly plausible that methane could form from chemical reaction in this environment, writing that their experiment “strongly suggests that it is likely that, in deep earth geologic systems, some methane generation is inevitable.” The theory of abiotic oil holds that rapidly rising streams of compressed methane gas reach the crust from the mantle, and when they strike pockets of high temperature they condense into heavier hydrocarbons like crude oil.
Note: For more on the intriguing abiotic oil theory, click here. For key reports from major media sources on promising energy sources, click here.
When Islam Siddiqui appears for his Senate confirmation, possibly as early as next week, it will be time for some tough questions. The White House has nominated Mr. Siddiqui for the position of chief agricultural negotiator in the office of the United States trade representative. He is presently a vice president at CropLife America, a coalition of the major industrial players in the pesticide industry, including Syngenta, Monsanto, Dow Chemical and DuPont. That job doesn't seem to square with the Obama administration's professed interest in more sustainable, less chemically dependent approaches to agriculture. Nor does much of the rest of Mr. Siddiqui's resumĂ©. The White House has touted his role in the first phase of developing national organic standards. But those standards, as they first emerged in draft form in the Clinton years, were notoriously loose about allowing genetically engineered crops and the use of sewage-sludge fertilizers to be labeled as "organic." But the business of [Siddiqui's] CropLife – an arm of which openly scoffed at Michelle Obama's plans for an organic garden – is to increase exports of agricultural chemicals.
Note: For a powerful overview of the risks of genetically modified food, click here.
A $112 million settlement involving alleged drug kickbacks that the Justice Dept. announced with the nation's largest nursing home pharmacy and a generic drug manufacturer on Nov. 3 is part of a wide-ranging investigation of suspected Medicaid fraud by the pharmaceutical industry. Critics say the continuing probe, which involves ... major drugmakers, highlights what they describe as an industry practice of paying money to outfits that provide drugs to consumers, in return for preferential treatment. Because those alleged payoffs have the effect of compromising patient care and driving up costs for government and private health insurers, cases like the settlement unsealed with Omnicare (OCR) in Covington, Ky., and IVAX Pharmaceuticals in Weston, Fla., could bolster opposition to the controversial deal the Obama Administration reached with the pharmaceutical industry to win its support for health-reform legislation. Many Democrats say the Administration should have asked for much bigger cost savings from drugmakers. Patrick Burns, a spokesman for Taxpayers Against Fraud, a nonprofit Washington group that promotes whistleblower suits, says the Justice Dept. is backed up with pharmaceutical fraud cases. Since drugmakers offer so many similar products, he contends, they rely on kickbacks to give their products a market edge. "In the pharmaceutical industry, the business isn't selling the best drug, it's the best scheme of kickbacks to the prescriber."
Note: For lots more from reliable sources on corporate corruption, click here.
Among the many dubious provisions in the 2005 energy bill was one dubbed the Halliburton loophole, which was inserted at the behest of — you guessed it — then-Vice President Dick Cheney, a former chief executive of Halliburton. It stripped the Environmental Protection Agency of its authority to regulate a drilling process called hydraulic fracturing [commonly referred to as "fracking"]. Invented by Halliburton in the 1940s, it involves injecting a mixture of water, sand and chemicals, some of them toxic, into underground rock formations to blast them open and release natural gas. Hydraulic fracturing has been implicated in a growing number of water pollution cases across the country. It has become especially controversial in New York, where regulators are eager to clear the way for drilling in the New York City watershed, potentially imperiling the city’s water supply. Congress last week approved a bill that asks the E.P.A. to conduct a new study on the risks of hydraulic fracturing. An agency study in 2004 whitewashed the industry and was dismissed by experts as superficial and politically motivated. This time Congress is demanding “a transparent, peer-reviewed process.” Cumbersomely named the Fracturing Responsibility and Awareness of Chemicals Act, it would close the loophole and restore the E.P.A.’s rightful authority to regulate hydraulic fracturing. It would also require the oil and gas industry to disclose the chemicals they use.
Note: Energy-development corporations using the fracking process will not disclose the chemicals they inject into the subsurface because of the chemicals' high toxicity when they penetrate groundwater supplies. For many more examples from reliable sources of corporate and government secrecy, click here.
Eating a diet high in processed food increases the risk of depression, research suggests. What is more, people who ate plenty of vegetables, fruit and fish actually had a lower risk of depression, the University College London team found. Data on diet among 3,500 middle-aged civil servants was compared with depression five years later, the British Journal of Psychiatry reported. They split the participants into two types of diet - those who ate a diet largely based on whole foods, which includes lots of fruit, vegetables and fish, and those who ate a mainly processed food diet, such as sweetened desserts, fried food, processed meat, refined grains and high-fat dairy products. After accounting for factors such as gender, age, education, physical activity, smoking habits and chronic diseases, they found a significant difference in future depression risk with the different diets. Those who ate the most whole foods had a 26% lower risk of future depression than those who at the least whole foods. By contrast people with a diet high in processed food had a 58% higher risk of depression than those who ate very few processed foods.
Note: For an excellent article revealing dramatic improvements in the behavior of children at a school which transformed the children's diet in a major experiment being modeled by other schools, click here. For key reports from major media sources on important health issues, click here.
A Pentagon project to perfect a projectile capable of delivering an electric shock to incapacitate a person tens of metres away [is now in its final stages]. It will be fired from a standard 40-millimetre grenade launcher. The projectile, being developed by Taser International under a $2.5 million contract, is known as a Human Electro-Muscular Incapacitation or HEMI device. Taser will deliver the first prototypes for testing and evaluation early next year. The ... cartridges should be able to hit targets 60 metres [200 feet] away. However, the impact force of the projectile remains a worry. "There is a known risk of severe injury from impact projectiles, either from blunt force at short ranges or from hitting a sensitive part of the body," says security researcher Neil Davison, who has recently written a book on non-lethal weapons. The duration of the shock which the HEMI will deliver to its target has also raised concerns. Marksmen will need time to reach the incapacitated target, and because the weapon is designed for long-range use this could be considerable. "We should be worried about undesirable effects if people are going to be subjected to bouts of prolonged incapacitation," says Steve Wright, a specialist in non-lethal weapons at Leeds Metropolitan University in the UK.
Note: For lots more on "non-lethal weapons" from major media sources, click here.
In 2006 and 2007, Goldman Sachs Group peddled more than $40 billion in securities backed by at least 200,000 risky home mortgages, but never told the buyers it was secretly betting that a sharp drop in U.S. housing prices would send the value of those securities plummeting. Goldman's sales and its clandestine wagers, completed at the brink of the housing market meltdown, enabled one of the nation's premier investment banks to pass most of its potential losses to others before a flood of mortgage loan defaults staggered the U.S. and global economies. Only later did investors discover that what Goldman promoted as triple-A investments were closer to junk. Now, pension funds, insurance companies, labor unions and foreign financial institutions that bought those dicey mortgage securities are facing large losses, and a five-month McClatchy Newspapers investigation has found that Goldman's failure to disclose that it made secret, exotic bets on an imminent housing crash may have violated securities laws. "The Securities and Exchange Commission should be very interested in any financial company that secretly decides a financial product is a loser and then goes out and actively markets that product or very similar products to unsuspecting customers without disclosing its true opinion," said Laurence Kotlikoff, a Boston University economics professor who's proposed a massive overhaul of the nation's big banks. "This is fraud and should be prosecuted."
Note: For an eye-opening, powerful PBS video which reveals how the economic crisis was conscously allowed to happen, click here. It reveals that Fed chairman Alan Greenspan was against investigating any fraud. For many reports from reliable sources on corruption at the core of the Wall Street collapse and bailout, click here.
Sibel Edmonds has a story to tell. She went to work as a Turkish and Farsi translator for the FBI five days after 9/11. She was fired from the FBI in April 2002 after she raised concerns that one of the translators in her section was a member of a Turkish organization that was under investigation for bribing senior government officials and members of Congress, drug trafficking, illegal weapons sales, money laundering, and nuclear proliferation. On Aug. 8, she was finally able to testify under oath in a court case filed in Ohio and agreed to an interview with The American Conservative based on that testimony. PHILIP GIRALDI: You map out a corruption scheme involving U.S. government employees and members of Congress and agents of foreign governments. So the network starts with a person like [Marc] Grossman in the State Department providing information that enables Turkish and Israeli intelligence officers to have access to people in Congress, who then provide classified information that winds up in the foreign embassies? EDMONDS: Absolutely. And we also had Pentagon officials doing the same thing. We were looking at Richard Perle and Douglas Feith. They had a list of individuals in the Pentagon broken down by access to certain types of information. Some of them would be policy related, some of them would be weapons-technology related, some of them would be nuclear-related. Perle and Feith would provide the names of those Americans, officials in the Pentagon, to Grossman, together with highly sensitive personal information: this person is a closet gay; this person has a chronic gambling issue; this person is an alcoholic. The files on the American targets would contain things like the size of their mortgages or whether they were going through divorces.
Note: Sibel Edmonds is the founder of the National Security Whistleblowers Coalition. For lots more on her key testimony, click here. Philip Giraldi is a former CIA officer and The American Conservative’s Deep Background columnist. An ever increasing number of people are waking up to the truth of 9/11.
At the height of the Cold War - in the era of nuclear missiles and submarines, amid the tangled cloak-and-dagger maneuverings of espionage and counterespionage - the [CIA] was also secretly doing something else. It was trying to learn to do magic. The CIA hired [magician John] Mulholland to explain techniques of sleight-of-hand and surreptitious signaling so that agents could use them in the field. His text, which was originally supposed to have been destroyed, has now been recovered, declassified, and reprinted as The Official CIA Manual of Trickery and Deception. It deals mostly with basic stagecraft, minus the stage. Former CIA deputy director John McLaughlin writes in a [foreword] to the manual that “[a]s best we know,” the drink-spiking techniques “were never actually used.” The assurance would be more reassuring if the authors who had recovered the manual, H. Keith Melton and Robert Wallace, had not included their own historical overview of CIA trickery. In it, they explain that Mulholland’s writing was part of the secret MKULTRA program, whereby the CIA sought methods and materials “capable of employment in clandestine operations to control human behavior.” And part of MKULTRA did involve dosing unsuspecting subjects with LSD and other drugs. Techniques of stage magic ... were transferred to the realm of nonconsensual secrecy, to be used on people who were not asking to be fooled.
Note: For a powerful and reliable overview of the CIA's mind control programs, including MK-Ultra, click here.
Newly released FBI data offer evidence of the broad scope and complexity of the nation's terrorist watch list, documenting a daily flood of names nominated for inclusion to the controversial list. During a 12-month period ended in March this year, for example, the U.S. intelligence community suggested on a daily basis that 1,600 people qualified for the list because they presented a "reasonable suspicion," according to data provided to the Senate Judiciary Committee by the FBI in September and made public last week. The ever-churning list is said to contain more than 400,000 unique names and over 1 million entries. Nine percent of those on the terrorism list, the FBI said, are also on the government's "no fly" list. Before the attacks of Sept. 11, 2001, the FBI needed initial information that a person or group was engaged in wrongdoing before it could open a preliminary investigation. Under current practice, no such information is needed. The inquiries can be opened by individual agents "proactively," meaning on his or her own or in response to a lead about a threat.
Note: For lots more from major media sources on the growing government threats to civil liberties, click here.
It was 9/29/08 - a moment when a rare blast of populist democracy briefly singed the economic terrorists who hold the Capitol hostage. It had been a dark and stormy month of financial collapse, culminating in an attempted power grab. Pushed by his fellow Wall Street Ponzi schemers, Treasury Secretary Henry Paulson - a former Goldman Sachs CEO - was threatening Armageddon unless Congress ratified his ... decree for a no-strings-attached bank bailout. Today, the episode seems merely to have set minimum standards for chicanery. As evidenced by two little-noticed sections of the Obama administration's Wall Street "reform" bill, presidents and their bank benefactors are back to thinking they can pilfer whatever they want by burying their demands in the esoterica of lengthier bills. Finding this latest giveaway means digging all the way down to sections 1109 and 1604 of the White House's mammoth proposal. At a recent hearing, Rep. Brad Sherman, D-Sherman Oaks (Los Angeles County), called the language "TARP on steroids," noting the provisions would deliberately let the executive branch enact even bigger, more unregulated bailouts than ever - and by unilateral fiat. TARP on Steroids includes no specific oversight or executive pay constraints. TARP on Steroids allows taxpayer cash to go only to the behemoths (which, not coincidentally, tend to make the biggest campaign contributions). TARP on Steroids would let [the Treasury Secretary] spend as much as he wants.
Note: For many revealing reports from reliable sources on the continuing Wall Street bailout, click here.
The deadly trade in cluster bombs is funded by the world's biggest banks who have loaned or arranged finance worth $20bn (Ł12.5bn) to firms producing the controversial weapons, despite growing international efforts to ban them. HSBC, led by ordained Anglican priest Stephen Green, has profited more than any other institution from companies that manufacture cluster bombs. The British bank ... has earned a total of Ł657.3m in fees arranging bonds and share offerings for Textron, which makes cluster munitions described by the US company as "leaving a clean battlefield". HSBC will face protests outside its London headquarters today. Goldman Sachs, Bank of America, JP Morgan and UK-based Barclays Bank are also named among the worst banks in a detailed 126-page report by Dutch and Belgian campaign groups IKV Pax Christi and Netwerk Vlaanderen. Goldman Sachs, the US bank which made Ł3.19bn proft in just three months, earned $588.82m for bank services and lent $250m to Alliant Techsystems and Textron. Last December 90 countries, including the UK, committed themselves to banning cluster bombs by next year. But the US was not one of them. So far 23 countries have ratified the convention. The UK has yet to do so.
Note: For many verifiable revelations of war profiteering by large corporations, 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.