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By almost any measure, 2008 was a complete disaster for Wall Street — except, that is, when the bonuses arrived. Despite crippling losses, multibillion-dollar bailouts and the passing of some of the most prominent names in the business, employees at financial companies in New York, the now-diminished world capital of capital, collected an estimated $18.4 billion in bonuses for the year. That was the sixth-largest haul on record, according to a report released Wednesday by the New York State comptroller. Some bankers took home millions last year even as their employers lost billions. The comptroller’s estimate, a closely watched guidepost of the annual December-January bonus season, is based largely on personal income tax collections. It excludes stock option awards that could push the figures even higher. The state comptroller, Thomas P. DiNapoli, said it was unclear if banks had used taxpayer money for the bonuses, a possibility that strikes corporate governance experts, and indeed many ordinary Americans, as outrageous. He urged the Obama administration to examine the issue closely. “The issue of transparency is a significant one, and there needs to be an accounting about whether there was any taxpayer money used to pay bonuses or to pay for corporate jets or dividends or anything else,” Mr. DiNapoli said in an interview.
Note: For many reports from reliable sources on the realities of the Wall Street bailout, click here.
Almost half of tested samples of commercial high-fructose corn syrup (HFCS) contained mercury, which was also found in nearly a third of 55 popular brand-name food and beverage products where HFCS is the first- or second-highest labeled ingredient, according to two new U.S. studies. HFCS has replaced sugar as the sweetener in many beverages and foods such as breads, cereals, breakfast bars, lunch meats, yogurts, soups and condiments. On average, Americans consume about 12 teaspoons per day of HFCS, but teens and other high consumers can take in 80 percent more. "Mercury is toxic in all its forms. Given how much high-fructose corn syrup is consumed by children, it could be a significant additional source of mercury never before considered. We are calling for immediate changes by industry and the [U.S. Food and Drug Administration] to help stop this avoidable mercury contamination of the food supply," the Institute for Agriculture and Trade Policy's Dr. David Wallinga, a co-author of both studies, said in a prepared statement.
Note: For a treasure trove of key reports on important health issues, click here.
Ask mothers why babies are constantly picking things up from the floor or ground and putting them in their mouths, and chances are they’ll say that it’s instinctive — that that’s how babies explore the world. But why the mouth, when sight, hearing, touch and even scent are far better at identifying things? Accumulating evidence strongly suggests that eating dirt is good for you. In studies of what is called the hygiene hypothesis, researchers are concluding that organisms like the millions of bacteria, viruses and especially worms that enter the body along with “dirt” spur the development of a healthy immune system. Several continuing studies suggest that worms may help to redirect an immune system that has gone awry and resulted in autoimmune disorders, allergies and asthma. These studies, along with epidemiological observations, seem to explain why immune system disorders like multiple sclerosis, Type 1 diabetes, inflammatory bowel disease, asthma and allergies have risen significantly in the United States and other developed countries. “What a child is doing when he puts things in his mouth is allowing his immune response to explore his environment,” Mary Ruebush, a microbiology and immunology instructor, wrote in her new book, Why Dirt Is Good. “Not only does this allow for ‘practice’ of immune responses, which will be necessary for protection, but it also plays a critical role in teaching the immature immune response what is best ignored.”
Note: For many key reports on new health research from reliable sources, click here.
The United Nations' crime and drug watchdog has indications that money made in illicit drug trade has been used to keep banks afloat in the global financial crisis, its head was quoted as saying on Sunday. Vienna-based UNODC Executive Director Antonio Maria Costa said in an interview released by Austrian weekly Profil that drug money often became the only available capital when the crisis spiralled out of control last year. "In many instances, drug money is currently the only liquid investment capital," Costa was quoted as saying by Profil. "In the second half of 2008, liquidity was the banking system's main problem and hence liquid capital became an important factor." The United Nations Office on Drugs and Crime had found evidence that "interbank loans were funded by money that originated from drug trade and other illegal activities," Costa was quoted as saying. There were "signs that some banks were rescued in that way." Profil said Costa declined to identify countries or banks which may have received drug money and gave no indication how much cash might be involved.
Note:. For powerful evidence that corporations and even rogue elements of government are involved in the huge amounts of cash generated in the drug trade, click here. For lots more on corporate corruption, click here.
The number of in-custody sudden deaths rose dramatically during the first year California law enforcement agencies began using stun guns, raising questions about the safety of the devices, according to a new study at UCSF. "Tasers are not as safe as thought," said Dr. Byron Lee, one of the cardiologists involved in studying the death rate related to Tasers, the most widely used stun gun. "And if they are used, they should be used with caution." The researchers analyzed sudden death data from 50 law enforcement agencies in the state that use Tasers. They compared the death rate pre- and post-Taser deployment - analyzing data for five years before each agency began using Tasers and five years afterward. They found a sixfold increase in sudden deaths during the first year of Taser use - amounting to nearly 6 deaths per 100,000 arrests. California does not have a statewide training standard for stun guns, which have been used in the state for decades. Tasers, known as "conducted energy" devices, send out high-frequency pulses which can cause a very rapid, dangerous heart rhythm, said senior author Dr. Zian H. Tseng, an assistant clinical professor in cardiology. "Maybe a simple change of technique is what is necessary," he said. "The longer you hold the trigger, the higher the danger to the heart. ... The fewer pulses the better." Two years ago, Amnesty International reported 156 stun gun-related deaths of people in the United States during the previous five years.
Note: For more on so-called non-lethal weapons from reliable sources, click here.
President Obama yesterday eliminated the most controversial tools employed by his predecessor against terrorism suspects. While Obama says he has no plans to diminish counterterrorism operations abroad, the notion that a president can circumvent long-standing U.S. laws simply by declaring war was halted by executive order in the Oval Office. Key components of the secret structure developed under Bush are being swept away: The military's Guantanamo Bay, Cuba, facility, where the rights of habeas corpus and due process had been denied detainees, will close, and the CIA is now prohibited from maintaining its own overseas prisons. And in a broad swipe at the Bush administration's lawyers, Obama nullified every legal order and opinion on interrogations issued by any lawyer in the executive branch after Sept. 11, 2001. The CIA ... set up their first interrogation center in a compound walled off by black canvas at Bagram air base in Afghanistan, and more at tiny bases throughout that country, where detainees could be questioned outside military rules and the protocols of the Geneva Conventions, which lay out the standards for treatment of prisoners of war. As the CIA recruited young case officers, polygraphers and medical personnel to work on interrogation teams, the agency's leaders asked its allies in Thailand and Eastern Europe to set up secret prisons where people ... could be held in isolation and subjected to extreme sleep and sensory deprivation, waterboarding and sexual humiliation. These tactics are not permitted under military rules or the Geneva Conventions.
Note: For many reports from reliable sources on the realities underlying the War on Terror, click here.
OLBERMANN: It has taken less than 24 hours after the Bush presidency ended for a former analyst at the National Security Agency to come forward to reveal new allegations about how this nation was spied on by its own government. Russell Tice [reveals] that under the collar of fighting terrorism, the Bush administration was also targeting specific groups of Americans for surveillance. TICE: The National Security Agency had access to all Americans‘ communications, faxes, phone calls, and their computer communications. They monitored all communications. What was done was a sort of an ability to look at the meta data, the signaling data for communications, and ferret that information to determine what communications would ultimately be collected. Basically, filtering out sort of like sweeping everything with that meta data, and then cutting down ultimately what you are going to look at and what is going to be collected, and in the long run have an analyst look at, you know, needles in a haystack for what might be of interest. OLBERMANN: I mention that you say specific groups were targeted. What group or groups can you tell us about? TICE: [Some of the groups they] collected on were U.S. news organizations and reporters and journalists. The collection ... was 24/7, and you know, 365 days a year, and it made no sense.
Note: To watch this revealing clip on video, click here. For many reports on government surveillance and invasions of privacy, click here.
U.S. spy agencies' sensitive data should soon be linked by Google-like search systems. Director of National Intelligence Mike McConnell has launched a sweeping technology program to knit together the thousands of databases across all 16 spy agencies. After years of bureaucratic snafus, intelligence analysts will be able to search through secret intelligence files the same way they can search public data on the Internet. Linking up the 16 agencies is the challenge at the heart of the job of director of national intelligence, created after 9/11. The new information program also is designed to include Facebook-like social-networking programs and classified news feeds. It includes enhanced security measures to ensure that only appropriately cleared people can access the network. The price tag is expected to be in the billions of dollars. The impact for analysts, Mr. McConnell says, "will be staggering." Not only will analysts have vastly more data to examine, potentially inaccurate intelligence will stand out more clearly, he said. Today, an analyst's query might scan only 5% of the total intelligence data in the U.S. government, said a senior intelligence official. Even when analysts find documents, they sometimes can't read them without protracted negotiations to gain access. Under the new system, an analyst would likely search about 95% of the data, the official said.
Note: For key reports from reliable sources on the hidden realities of the War on Terror, click here.
The Nazi doctor Josef Mengele is responsible for the astonishing number of twins in a small Brazilian town, an Argentine historian has claimed. The steely hearted "Angel of Death", whose mission was to create a master race fit for the Third Reich, was the resident medic at Auschwitz from May 1943 until his flight in the face of the Red Army advance in January 1945. His task was to carry out experiments to discover by what method of genetic quirk twins were produced – and then to artificially increase the Aryan birthrate for his master, Adolf Hitler. Now, a historian claims, Mengele's notorious experiments may have borne fruit. For years scientists have failed to discover why as many as one in five pregnancies in a small Brazilian town have resulted in twins – most of them blond haired and blue eyed. But residents of Candido Godoi now claim that Mengele made repeated visits there in the early 1960s, posing at first as a vet but then offering medical treatment to the women of the town. Shuttling between Argentina, Paraguay and Brazil, he managed to evade justice before his death in 1979, but his dreams of a Nazi master race appeared unfulfilled. In a new book, Mengele [in Spanish], the Argentine historian Jorge Camarasa, a specialist in the post-war Nazi flight to South America, has painstakingly pieced together the Nazi doctor's mysterious later years. After speaking to the townspeople of Candido Godoi, he is convinced that Mengele continued his genetic experiments with twins – with startling results.
Note: For more about Josef Mengele, and his relationship with the CIA, click here.
By the authority vested in me as President by the Constitution and the laws of the United States of America, ... it is hereby ordered as follows: Section 1. Ethics Pledge. Every appointee in every executive agency appointed on or after January 20, 2009, shall sign ... the following pledge: "As a condition, and in consideration, of my employment in the United States Government in a position invested with the public trust, I commit myself to the following obligations, which I understand are binding on me and are enforceable under law: "1. Lobbyist Gift Ban. I will not accept gifts from registered lobbyists or lobbying organizations for the duration of my service as an appointee. "2. Revolving Door Ban All Appointees Entering Government. I will not for a period of 2 years from the date of my appointment participate in any particular matter involving specific parties that is directly and substantially related to my former employer or former clients, including regulations and contracts. "3. Revolving Door Ban Lobbyists Entering Government. If I was a registered lobbyist within the 2 years before the date of my appointment, in addition to abiding by the limitations of paragraph 2, I will not for a period of 2 years after the date of my appointment: (a) participate in any particular matter on which I lobbied within the 2 years before the date of my appointment; (b) participate in the specific issue area in which that particular matter falls; or (c) seek or accept employment with any executive agency that I lobbied within the 2 years before the date of my appointment.
Note: For lots more on government corruption, click here.
To Magnus MacFarlane-Barrow, his father's shed in Dalmally, Argyll, has acquired a talismanic significance. It's where he stockpiled food and clothes for Bosnian refugees in the 1990s – an amateurish humanitarian mission that eventually led him to sell his house, give up his job and concentrate on the much bigger project of feeding poor children in Third World countries. Mary's Meals ... now provides a daily school meal for 350,000 children across Latin America, Asia, Africa and Europe. In Malawi, it feeds 10 per cent of the primary-school population. That one meal – provided for as little as Ł8.50 a year – is a passport to education and a way out of poverty. The idea of providing school-age children with one good meal a day sprang from the simple wish of a 14-year-old boy in Malawi. Edward was one of five children whose mother was dying of Aids. He told MacFarlane-Barrow that his twin ambitions were to have enough to eat and to go to school. The Scotsman grasped immediately that if the promise of a meal could lure a child to school, then education could offer an escape from dependence. "It is ridiculous", he says, "that people are hungry when you can feed them for so little. There are dangers to growing, but we wouldn't want to put a limit on it, because there is such a momentum. There are millions of children out there who need this desperately. I don't think we could stop it now, even if we wanted to."
In a move that pleased good government groups and some journalists, President Obama issued new orders today designed to improve the federal government's openness and transparency. The first memo instructs all agencies and departments to "adopt a presumption in favor" of Freedom of Information Act requests, while the second memo orders the director of the Office of Management and Budget to issue recommendations on making the federal government more transparent. His memo on government transparency ... directs the yet-to-be-named chief technology officer to work with the OMB director to develop an "Open Government Directive" in the next four months. Just in case new OMB director Peter R. Orszag needs any suggestions, the Sunlight Foundation -- a group dedicated to improving government transparency -- has several. Each agency should do an audit of its information and data how it makes it available, [director Ellen] Miller said. The administration should also redefine the definition of "public information" to mean that government information is not public until it is posted online in an easy-to-download format. "The devil is in the details," Miller cautions. Obama today also froze the salaries of senior White House staffers and issued executive orders on presidential records and new ethics guidelines for presidential appointees.
Note: For revealing reports on government secrecy, click here.
Every patriot should be concerned about the intensifying efforts to supplant democracy with something far more authoritarian. Call it American czarism. Czars - i.e., policymakers granted extralegal, cross-agency powers - have become increasingly prevalent in our government over the past century. Until now, this slow lurch toward czarism has primarily reflected the ancient, almost innate human desire for power and paternalistic leadership. In recent years, this culture of "presidentialism," as Vanderbilt Professor Dana Nelson calls it, has justified the Patriot Act, warrantless wiretaps and a radical theory of the "unitary executive" that aims to provide a jurisprudential rationale for total White House supremacy over all government. But only in the past three months has American czarism metastasized from a troubling slow-growth tumor to a potentially deadly cancer. In October, Congress relinquished its most basic oversight powers and gave Treasury Secretary Henry Paulson sole authority to dole out billions of bailout dollars to Wall Street. At the same time, it did nothing when Federal Reserve chairman Ben Bernanke used fiats to commit $5 trillion worth of new money, loan guarantees and loosened lending requirements ... all while he refused to tell the public who is receiving the largesse. Indeed, the Economist magazine's prediction that the "economic crisis may increase the attractiveness of the Chinese model of authoritarian capitalism" is coming true right here at home, as we seem ever more intent on replicating - rather than resisting - that model.
Note: For many revealing reports on the realities underlying the Wall Street bailout, click here.
People who sleep less than seven hours a night appear to be almost three times as likely to catch a cold as those who sleep eight hours or more, a new study has found. Quality of sleep may count even more than quantity. Those who spend as little as 25 minutes a night tossing and turning face more than five times the risk of sniffing and sneezing. The age-old advice to get a good night's sleep is well-supported by medical research. Sleeping less than seven hours a night has been shown to increase the risk of high blood pressure, diabetes, weight gain and hardening of the arteries. Studies have also found that serious sleep deprivation disrupts the immune system. But those were experimental studies that kept subjects up for most of the night, then measured their immune responses. One of the surprising findings from the new study, published Monday in the journal Archives of Internal Medicine, was just how little it took to knock down defenses against the common cold. "Very small disruptions in sleep, very small losses in terms of duration of sleep, were associated with pretty big increases in your probability of getting sick if you're exposed to a virus," said Sheldon Cohen, a professor of psychology at Carnegie Mellon University and the first author of the study. "It's not just insomniacs or people being deprived of sleep." Controlling for numerous factors that can influence health -- including age, race, income, education, smoking, exercise and depression -- the study found that the longer and better participants slept, the better they were able to resist or fight off infection, Cohen said.
Note: For another fascinating article on colds, see the Wall Street Journal article available here.
Bernie Madoff's investment fund may never have executed a single trade, industry officials say, suggesting detailed statements mailed to investors each month may have been an elaborate mirage in a $50 billion fraud. An industry-run regulator for brokerage firms said ... there was no record of Madoff's investment fund placing trades through his brokerage operation. That means Madoff either placed trades through other brokerage firms, a move industry officials consider unlikely, or he was not executing trades at all. 'Our exams showed no evidence of trading on behalf of the investment advisor, no evidence of any customer statements being generated by the broker-dealer,' said Herb Perone, spokesman for the Financial Industry Regulatory Authority. Each month, Madoff sent out elaborate statements of trades conducted by his broker-dealer. There also appear to be discrepancies between monthly statements sent to investors and the actual prices at which the stocks traded on Wall Street. To some, the numbers did not add up. About 10 years ago, Harry Markopolos, then chief investment officer at Rampart Investment Management Co in Boston, asked risk management consultant Daniel diBartolomeo to run Madoff's numbers after Markopolos tried to emulate Madoff's strategy. DiBartolomeo ran regression analyses and various calculations, but failed to reconcile them. For a decade, Markopolos raised the issue with the U.S. Securities and Exchange Commission, which has come under fire in Congress in recent weeks for failing to act on Markopolos's warnings.
Note: For lots more on corporate corruption from reliable, verifiable sources, click here.
President Bush's vice president, Dick Cheney, is like no other in American history. Before Cheney, discussion about the vice presidency focused on how to make the office stronger, more effective. Not any more. "Vice President Cheney has been the most powerful vice president that we've ever had," said Joel Goldstein, author of The Modern American Vice Presidency. In the first term, Cheney reshaped national security law, expanded the prerogatives of the executive branch and orchestrated secret, warrantless domestic surveillance, circumventing a court set up by Congress specifically to oversee such surveillance. He ... played a major role in persuading President Bush to go to war against Iraq. On the domestic front, he screened potential Supreme Court nominees, presided over the budget, led the selection of personnel from Cabinet officers to key lower-level positions. Cheney assumed the role of chief operating officer for a president who disdained details. Bush was the decider, but Cheney, by limiting options and sometimes suppressing information, often framed the decision. Washington Post reporter Bart Gellman, author of Angler, an extraordinary book on the Cheney vice presidency, reports that Cheney was a ... skilled bureaucratic infighter [who] drove policy on the issues he cared about. Nothing better defines Cheney's influence than his domination of policy on the war on terror, setting up Guantanamo, getting waterboarding and other harsh interrogation techniques authorized, and circumventing established laws on domestic surveillance.
Note: Dick Cheney used secrecy as his principal means to control government policy -- secrecy not just from the public but even from much of the Bush/Cheney administration. For lots more on government secrecy from reliable sources, click here.
They can't match Harry Potter yet, but scientists are moving closer to creating a real cloak of invisibility. Researchers at Duke University, who developed a material that can "cloak" an item from detection by microwaves, report that they have expanded the number of wavelengths they can block. Last August the team reported they had developed so-called metamaterials that could deflect microwaves around a three-dimensional object, essentially making it invisible to the waves. The system works like a mirage, where heat causes the bending of light rays and cloaks the road ahead behind an image of the sky. The researchers report in ... the journal Science that they have developed a series of mathematical commands to guide the development of more types of metamaterials to cloak objects from an increasing range of electromagnetic waves. "The new device can cloak a much wider spectrum of waves -- nearly limitless -- and will scale far more easily to infrared and visible light," senior researcher David R. Smith said. The new cloak is made up of more than 10,000 individual pieces of fiberglass arranged in parallel rows. The mathematical formulas are used to determine the shape and placement of each piece to deflect the electromagnetic waves. The research was supported by Raytheon Missile Systems, the Air Force Office of Scientific Research, InnovateHan Technology, the National Science Foundation of China, the National Basic Research Program of China and National Science Foundation of Jiangsu Province, China.
Note: Isn't it interesting that the US Air Force and a major US defense corporation are joining in a research venture with Chinese corporations and government agencies? Also, remember that secret military projects are usually at least 10 years in advance of anything announced to the public.
The top Bush administration official in charge of deciding whether to bring Guantanamo Bay detainees to trial has concluded that the U.S. military tortured a Saudi national ... interrogating him with techniques that included sustained isolation, sleep deprivation, nudity and prolonged exposure to cold, leaving him in a "life-threatening condition." "We tortured [Mohammed al-]Qahtani," said Susan J. Crawford, in her first interview since being named convening authority of military commissions by Defense Secretary Robert M. Gates in February 2007. "His treatment met the legal definition of torture. And that's why I did not refer the case" for prosecution. Military prosecutors said in November that they would seek to refile charges against Qahtani, 30, based on subsequent interrogations that did not employ harsh techniques. But Crawford, who dismissed war crimes charges against him in May 2008, said in the interview that she would not allow the prosecution to go forward. The interrogation ... was so intense that Qahtani had to be hospitalized twice at Guantanamo with bradycardia, a condition in which the heart rate falls below 60 beats a minute and which in extreme cases can lead to heart failure and death. At one point Qahtani's heart rate dropped to 35 beats per minute, the record shows.
Note: For many revealing reports on torture and other war crimes committed in the War on Terrorism and in Iraq and Afghanistan, click here.
This is the year when automated face-recognition finally goes mainstream, and it's about time we considered its social and political implications. Researchers are developing sharply accurate scanners that monitor faces in 3D and software that analyses skin texture to turn tiny wrinkles, blemishes and spots into a numerical formula. The strongest face-recognition algorithms are now considered more accurate than most humans - and already the Home Office and the Association of Chief Police Officers have held discussions about the possibility of linking such systems with automatic car-numberplate recognition and public-transport databases. Join everything together via the internet, and voilŕ - the nation's population, down to the individual Times reader, can be conveniently and automatically monitored in real time. So let's understand this: governments and police are planning to implement increasingly accurate surveillance technologies that are unnoticeable, cheap, pervasive, ubiquitous, and searchable in real time. And private businesses, from bars to workplaces, will also operate such systems, whose data trail may well be sold on or leaked to third parties - let's say, insurance companies that have an interest in knowing about your unhealthy lifestyle, or your ex-spouse who wants evidence that you can afford higher maintenance payments.
Note: For disturbing reports on threats to privacy from major media sources, click here.
[On January 8] Lasantha Wickramatunga, who was fifty-two years old and the editor of a Sri Lankan newspaper called The Sunday Leader, was assassinated on his way to work by two gunmen riding motorcycles. The Leader's investigative reporting had been fiercely critical of the government and of the conduct of its war against Tamil separatists; Wickramatunga had been attacked before. He knew that he was likely to be murdered and so he wrote an essay with instructions that it be published only after his own death. Read it in full below: "No other profession calls on its practitioners to lay down their lives for their art save the armed forces and, in Sri Lanka, journalism. In the course of the past few years, the independent media have increasingly come under attack. Electronic and print-media institutions have been burnt, bombed, sealed and coerced. Countless journalists have been harassed, threatened and killed. It has been my honor to belong to all those categories and now especially the last. We find ourselves in the midst of a civil war ruthlessly prosecuted by protagonists whose bloodlust knows no bounds. Terror, whether perpetrated by terrorists or the state, has become the order of the day. Indeed, murder has become the primary tool whereby the state seeks to control the organs of liberty. Today it is the journalists, tomorrow it will be the judges. For neither group have the risks ever been higher or the stakes lower.
Note: Click on the link above to read this deeply moving letter from a martyr for truth in its entirety.
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.