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Revealing News For a Better World

Media Articles
Excerpts of Key Media Articles in Major Media


Below are key excerpts of highly revealing media articles from the major media. Links are provided to the full articles on their media websites. If any link fails to function, read this webpage. These media articles are listed in reverse date order. You can also explore the articles listed by order of importance or by date posted. By choosing to educate ourselves and to spread the word, we can build a brighter future.

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.


Dutchman aims to break record in freezing bath
2008-12-09, The Telegraph (One of the U.K.'s leading newspapers)
http://www.telegraph.co.uk/news/worldnews/europe/netherlands/3684102/Dutchman...

A Dutchman who is able to withstand freezing temperatures that would kill most people will submerge himself in icy water for almost two hours in a world record bid. Wim Hof, known as "The Ice Man", has spent the last 20 years testing his talent in the most extreme conditions from scaling mountain tops wearing nothing but a pair of shorts to swimming under sheets of ice [at] the north pole. Now he is set to break his own world record by submerging himself in a Plexiglas container filled with ice at temperatures as low as -20 degrees for more than 1 hour 45 minutes. Mr Hof discovered his unusual talent over 20 years ago during a stroll in the park in his native Holland. "I was really attracted to it. I went in, got rid of my clothes. Thirty seconds I was in and a tremendous good feeling when I came out and since then, I repeated it every day." It was the moment that Mr Hof knew that his body was different somehow: he was able to withstand fatally freezing temperatures. Mr Hof began a lifelong quest to see just how far his abilities would take him. In 2000, dressed only in a swimsuit, he dove under the ice at the North Pole and earned a Guinness World Record for the longest amount of time swimming under the ice. Whilst many scientists around the world find Mr Hof's ability an anomaly, Mr Hof says it is merely a case of mind over matter. Practising an ancient Himalayan meditation called "Tummo," or Inner Fire, Mr Hof says he can generate his own heat. Mr Hof now travels the world teaching the technique through his record attempts, lectures and talks.


It's official: Men really are the weaker sex
2008-12-07, The Independent (One of the U.K.'s leading newspapers)
http://www.independent.co.uk/news/science/its-official-men-really-are-the-wea...

The male [sex] is in danger, with incalculable consequences for both humans and wildlife, startling scientific research from around the world reveals. The research ... shows that a host of common chemicals is feminising males of every class of vertebrate animals, from fish to mammals, including people. Backed by some of the world's leading scientists, who say that it "waves a red flag" for humanity and shows that evolution itself is being disrupted, the report comes out at a particularly sensitive time for ministers. It also follows hard on the heels of new American research which shows that baby boys born to women exposed to widespread chemicals in pregnancy are born with smaller penises and feminised genitals. "This research shows that the basic male tool kit is under threat," says Gwynne Lyons, a former government adviser on the health effects of chemicals, who wrote the report. Wildlife and people have been exposed to more than 100,000 new chemicals in recent years, and the European Commission has admitted that 99 per cent of them are not adequately regulated. There is not even proper safety information on 85 per cent of them. Many have been identified as "endocrine disrupters" – or gender-benders – because they interfere with hormones. These include phthalates, used in food wrapping, cosmetics and baby powders among other applications; flame retardants in furniture and electrical goods; PCBs, a now banned group of substances still widespread in food and the environment; and many pesticides.

Note: For many key reports on health issues from reliable sources, click here.


Spying on pacifists, environmentalists and nuns
2008-12-07, Los Angeles Times
http://www.latimes.com/news/nationworld/nation/la-na-cop-spy7-2008dec07,0,734...

To friends in the protest movement, Lucy was an eager 20-something who attended their events and sent encouraging e-mails to support their causes. Only one thing seemed strange. "At one demonstration, I remember her showing up with a laptop computer and typing away," said Mike Stark, who helped lead the anti-death-penalty march in Baltimore that day. "We all thought that was odd." Not really. The woman was an undercover Maryland State Police trooper who between 2005 and 2007 infiltrated more than two dozen rallies and meetings of nonviolent groups. Maryland officials now concede that, based on information gathered by "Lucy" and others, state police wrongly listed at least 53 Americans as terrorists in a criminal intelligence database -- and shared some information about them with half a dozen state and federal agencies, including the National Security Agency. Among those labeled as terrorists: two Catholic nuns, a former Democratic congressional candidate, a lifelong pacifist and a registered lobbyist. One suspect's file warned that she was "involved in puppet making and allows anarchists to utilize her property for meetings." "There wasn't a scintilla of illegal activity" going on, said David Rocah, an attorney for the American Civil Liberties Union, which filed a lawsuit and in July obtained the first surveillance files. State police have released other heavily redacted documents. Investigators, the files show, targeted groups that advocated against abortion, global warming, nuclear arms, military recruiting in high schools and biodefense research, among other issues.

Note: For lots more on increasing threats to civil liberties, click here.


Author's adventures with rats build schools
2008-12-07, San Francisco Chronicle (San Francisco's leading newspaper)
http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2008/12/07/BAPA14I7MO.DTL

Stefan Lyon has many titles: Author, humanitarian, international philanthropist. And seventh-grader. Stefan has just finished his third book about his San Francisco adventures with his pet rats. As with his first two books, all proceeds go to build schools in Africa. "I want to help the less fortunate," said Stefan, 13, at a recent book signing at a law firm in a downtown high-rise. "There are a lot of AIDS orphans in Africa." For $5,000, he financed the conversion of an abandoned cowshed in Kakamega, Kenya, into a two-room school. He's now halfway through construction of an eight-room school for 100 children ... in the neighboring village of Bungoma. Stefan is on a book promotion tour for the holidays, hoping to raise the last $30,000 to finish the school. Stefan, who has his own nonprofit, the Stefan Lyon Foundation, knows that he's not a typical 13-year-old, but he also doesn't know what all the fuss is about. Stefan was always a compassionate child. "He'd sit with the kids who got bullied at school until they felt better," [his mother] said. By elementary school, Stefan passed out cookies and blankets to the homeless at the Civic Center from his red wagon. He'd insert notes in the cookie bags: "I'm thinking of you." "God loves you." In the third grade at St. Brendan School, he was inspired by his teacher, Renée McHugh, who gave a lesson on Africa and explained how little money was needed to build schools for orphans. He wanted to sell cookies from his wagon to finance an African school. A supermarket gave him free cookie dough, and he got to work.


Idled workers occupy factory in Chicago
2008-12-06, Chicago Tribune/Associated Press
http://www.chicagotribune.com/news/chi-ap-il-workersoccupyfact,0,1928458.story

Outraged and determined Chicago factory workers who were abruptly laid off this week have occupied their former workplace and say they won't leave until they get the severance and vacation pay they say they're owed. The employees say they received three days notice their plant was closing. In the second day of a sit-in on the factory floor Saturday, about 250 union workers occupied the building in shifts while union leaders outside criticized a Wall Street bailout they say is leaving laborers behind. Leah Fried, an organizer with the United Electrical Workers, said the Chicago-based vinyl window manufacturer failed to give its 300 employees the 60 days' notice required by law before shutting. She said the company can't pay employees because its creditor, Charlotte, N.C.-based Bank of America, won't let them. Bank of America received $25 billion from the government's financial bailout package. The company said in a statement to news outlets Saturday that it isn't responsible for Republic's financial obligations to its employees. "Across cultures, religions, union and nonunion, we all say this bailout was a shame," said Richard Berg, president of Teamsters Local 743. "If this bailout should go to anything, it should go to the workers of this country." Outside the plant, protesters wore stickers and carried signs that said, "You got bailed out, we got sold out."

Note: For many revealing reports on the Wall Street bailout from major media sources, click here.


Happiness is contagious: study
2008-12-05, Reuters News
http://uk.reuters.com/article/healthNewsMolt/idUKTRE4B400H20081205

Happiness is contagious. The more happy people you know, the more likely you are yourself to be happy. And getting connected to happy people improves a person's own happiness, [a research team] reported in the British Medical Journal. "What we are dealing with is an emotional stampede," Nicholas Christakis, a professor of medical sociology at Harvard Medical School in Boston, said. Christakis and James Fowler, a political scientist at the University of California, San Diego, have been using data from 4,700 children of volunteers in the Framingham Heart Study, a giant health study begun in Framingham, Massachusetts in 1948. They have been analyzing a trove of facts from tracking sheets dating back to 1971, following births, marriages, death, and divorces. Volunteers also listed contact information for their closest friends, co-workers, and neighbors. They assessed happiness using a simple, four-question test. "People are asked how often during the past week, one, I enjoyed life, two, I was happy, three, I felt hopeful about the future, and four, I felt that I was just as good as other people," Fowler said. The 60 percent of people who scored highly on all four questions were rated as happy, while the rest were designated unhappy. People with the most social connections -- friends, spouses, neighbors, relatives -- were also the happiest, the data showed. "Each additional happy person makes you happier," Christakis said. "It is not just happy people connecting with happy people, which they do. Above and beyond, there is this contagious process going on." And happiness is more contagious than unhappiness, they discovered.


Canadian leader suspends Parliament to stay in power
2008-12-04, CNN
http://www.cnn.com/2008/WORLD/americas/12/04/canada.crisis/index.html

Canadian Prime Minister Stephen Harper said Thursday that Canada's governor general has allowed him to suspend Parliament, postponing a no-confidence vote from his opponents that he was likely to lose. Harper called on his opponents to work with his government on measures to aid the nation's economy when Parliament returns on January 26. Had Governor General Michaelle Jean -- who represents Britain's Queen Elizabeth II as head of state -- denied Harper's request, Monday's vote would have likely brought down Harper's government, less than two months after his Conservative Party strengthened its minority position in federal elections. The Liberal Party and the leftist New Democratic Party announced plans earlier this week to form a governing coalition with the support of the Bloc Quebecois, which supports independence for French-speaking Quebec. "For the first time in the history of Canada, the prime minister of Canada is running away from the parliament of Canada," said [Liberal Party Leader Stephane] Dion, accusing the premier of placing "partisan politics ahead of the interest of all Canadians." New Democratic Party leader Jack Layton said Harper had used a "maneuver to escape accountability." "He refuses to face the people of Canada through their elected representatives," he said. "The prime minister is choosing to protect his own job rather than focusing on the jobs of Canadians who are being thrown out of work today."

Note: What gives Canada's governor general the right to suspend parliament? The governor general is the representative of the queen of England. Few know that the queen has this power over all commonwealth nations. Canada is not truly independent of England, nor are the other commonwealth nations, including Australia. For more intriguing information on this, click here.


Katie Couric's Notebook: Bottled Water
2008-12-03, CBS News
http://www.cbsnews.com/8301-500803_162-4646553-500803.htm

Take a walk down the street or through the park and you'll see them – people of all ages toting bottles of water. Last year, Americans drank nine billion gallons out of those little plastic bottles. Sure, it's healthier than soda, but all that plastic is just as bad for the environment, creating an estimated 1.5 million tons of waste each year. So, more and more places are banning bottled water. Washington University in St. Louis will end almost all sales by the end of this semester. San Francisco declared it a no-no in city offices last year. Other local governments may do the same. Some brands, including Coca-Cola's Dasani and Pepsi's Aquafina, come from the tap – and supporters of these measures argue you're better off just filling a reusable container at the water fountain for free. A cheap, calorie-free alternative that doesn't hurt the environment. Now, I'll drink to that.

Note: For a powerful six-minute trailer to the movie "Tapped," which exposes the many scams around bottled water, click here. For more on this, click here.


Whale songs drowned out by human noise pollution
2008-12-03, Seattle Post-Intelligencer/Associated Press
http://seattlepi.nwsource.com/national/390534_noisyseas04.html

The songs that whales and dolphins use to communicate, orient themselves and find mates are being drowned out by human-made noises in the world's oceans. That sound pollution -- everything from increasing commercial shipping and seismic surveys to a new generation of military sonar -- is not only confounding the mammals, it also is further threatening the survival of these endangered animals. Studies show that these cetaceans, which once communicated over thousands of miles to forage and mate, are losing touch with each other, ... experts said at a U.N. wildlife conference in Rome. "Call it a cocktail-party effect," said Mark Simmonds, director of the Whale and Dolphin Conservation Society, a Britain-based NGO. "You have to speak louder and louder until no one can hear each other anymore." Environmental groups also are increasingly finding cases of beached whales and dolphins that can be linked to sound pollution, Simmonds said. Marine mammals are turning up on the world's beaches with tissue damage similar to that found in divers suffering from decompression sickness. Scientists say the use of military sonar or seismic testing may have scared the animals into diving and surfacing beyond their physical limits. Several species of cetaceans are already listed as endangered or critically endangered from other causes, including hunting, chemical pollution, collisions with boats and entanglements with fishing equipment. Though it is not yet known precisely how many animals are affected, sound pollution is increasingly being recognized as a serious factor, the experts said.

Note: For many reports on threats to marine mammals from reliable, verifiable sources, click here.


Bailout Oversight Lacking, GAO Says
2008-12-03, Washington Post
http://www.washingtonpost.com/wp-dyn/content/article/2008/12/02/AR20081202022...

The Bush administration has failed to adequately oversee its $700 billion bailout program and must move rapidly to guarantee that banks are complying with the plan's limits on conflicts of interest and lavish executive compensation, congressional investigators said yesterday. The new report by the Government Accountability Office, the nonpartisan investigative arm of Congress, said the Treasury Department has yet to impose necessary safeguards or decide how to determine whether the program is achieving its goals. The auditors said it was too soon for them to tell whether the bailout was working. "The rapid pace of implementation and evolving nature of the program have hampered efforts to put a comprehensive system of internal control in place," the report said. "Until such a system is fully developed and implemented, there is heightened risk that the interests of the government and taxpayers may not be adequately protected and that the program objectives may not be achieved in an efficient and effective manner." So far, the rescue package has provided at least $150 billion in capital infusions to 52 financial institutions, the auditors said. They added that no applications for funding were denied by the Treasury. The congressional auditors urged Treasury officials to determine how each bank receiving bailout money is using the money and whether they are using it in a way consistent with the intent of the law. Several congressional leaders have criticized financial firms for hoarding the money instead of using it to lend to borrowers.

Note: For many revealing reports on the Wall Street bailout from reliable sources, click here.


Standing in Someone Else’s Shoes, Almost for Real
2008-12-02, New York Times
http://www.nytimes.com/2008/12/02/health/02mind.html?partner=rss&emc=rss&page...

Neuroscientists have shown that they can [create] a “body swapping” illusion that could have a profound effect on a range of therapeutic techniques. At the annual meeting of the Society for Neuroscience last month, Swedish researchers presented evidence that the brain, when tricked by optical and sensory illusions, can quickly adopt any other human form, no matter how different, as its own. “You can see the possibilities, putting a male in a female body, young in old, white in black and vice versa,” said Dr. Henrik Ehrsson of the Karolinska Institute in Stockholm. The technique is simple. A subject stands or sits opposite the scientist, as if engaged in an interview. Both are wearing headsets, with special goggles, the scientist’s containing small film cameras. The goggles are rigged so the subject sees what the scientist sees: to the right and left are the scientist’s arms, and below is the scientist’s body. To add a physical element, the researchers have each person squeeze the other’s hand, as if in a handshake. Now the subject can see and “feel” the new body. In a matter of seconds, the illusion is complete. In a series of studies, using mannequins and stroking both bodies’ bellies simultaneously, the Karolinska researchers have found that men and women say they not only feel they have taken on the new body, but also unconsciously cringe when it is poked or threatened. In previous work, neuroscientists have induced various kinds of out-of-body experiences using similar techniques. The brain is so easily tricked, they say, precisely because it has spent a lifetime in its own body.


US diluted loan rules before crash
2008-12-01, ABC News/Associated Press
http://abclocal.go.com/wpvi/story?section=news/business&id=6532267

The Bush administration backed off proposed crackdowns on no-money-down, interest-only mortgages years before the economy collapsed, buckling to pressure from some of the same banks that have now failed. It ignored remarkably prescient warnings that foretold the financial meltdown, according to an Associated Press review of regulatory documents. "Expect fallout, expect foreclosures, expect horror stories," California mortgage lender Paris Welch wrote to U.S. regulators in January 2006, about one year before the housing implosion cost her a job. Bowing to aggressive lobbying - along with assurances from banks that the troubled mortgages were OK - regulators delayed action for nearly one year. By the time new rules were released late in 2006, the toughest of the proposed provisions were gone and the meltdown was under way. The administration's blind eye to the impending crisis is emblematic of its governing philosophy, which trusted market forces and discounted the value of government intervention in the economy. Its belief ironically has ushered in the most massive government intervention since the 1930s. Many of the banks that fought to undermine the proposals by some regulators are now either out of business or accepting billions in federal aid to recover from a mortgage crisis they insisted would never come. In 2005, faced with ominous signs the housing market was in jeopardy, bank regulators proposed new guidelines for banks writing risky loans. Those proposals all were stripped from the final rules.

Note: For many revealing reports on the Wall Street bailout from reliable sources, click here.


Credit-card industry may cut $2 trillion lines: analyst
2008-12-01, Reuters News
http://www.reuters.com/article/topNews/idUSTRE4B01HI20081201

The U.S. credit-card industry may pull back well over $2 trillion of lines over the next 18 months due to risk aversion and regulatory changes, leading to sharp declines in consumer spending, prominent banking analyst Meredith Whitney said. The credit card is the second key source of consumer liquidity, the first being jobs, the Oppenheimer & Co analyst noted. "In other words, we expect available consumer liquidity in the form of credit-card lines to decline by 45 percent." Closing millions of accounts, cutting credit lines and raising interest rates are just some of the moves credit card issuers are using to try to inoculate themselves from a tsunami of expected consumer defaults. A consolidated U.S. lending market that is pulling back on credit is also posing a risk to the overall consumer liquidity, Whitney said. Mortgages and credit cards are now dominated by five players who are all pulling back liquidity, making reductions in consumer liquidity seem unavoidable, she said. "We are now beginning to see evidence of broad-based declines in overall consumer liquidity. Already, we have witnessed the entire mortgage market hit a wall, and we believe it will, for the first time ever, show actual shrinkage over the next few months," she wrote. "In a country that offers hundreds of cereal and soda pop choices, the banking industry has become one that offers very few choices", Whitney wrote in a note dated November 30. "Pulling credit when job losses are increasing by over 50 percent year-over-year in most key states is a dangerous and unprecedented combination, in our view," the analyst said.

Note: This article, in pointing out that the banking industry offers few choices for consumers, fails to mention that the industry is rapidly becoming extremely concentrated, with major bank failures and takeovers accelerating due to the financial crisis on Wall Street. And the bailout from the Fed and Treasury has encouraged this concentration through huge tax breaks and risk protections. For many revealing reports on the Wall Street bailout from reliable sources, click here.


Turning Around the Idea of Student Loans
2008-12-01, New York Times
http://www.nytimes.com/2008/12/01/education/01microbank.html?partner=rss&emc=...

Over sandwiches and pizza, a group of high school students here debated the pros and cons of combating poverty in five desperate nations. They scrolled through Web sites, analyzed statistics and considered how much they knew about the economy, language and culture of each country. This was no mere academic exercise. The students, at the Meadows School, have real decisions to make and, they hope, real people to rescue. By the time they scattered after their lunch period, the group had deferred until next month the decision on where to spend the $25,000 they had raised, but seemed to be leaning toward Peru. That may seem like a lot of money for a student group, but it was the entry fee for the school to become investors in Pro Mujer, a nonprofit lending institution based in New York that issues small loans to poor women in foreign countries to use for buying tools to start or expand small businesses. In raising the money and investing it with Pro Mujer, the Meadows School is by all accounts the first high school to operate a microbank. The founder of the Meadows Microcredit Action Group, Justin Blau, 17, and its faculty adviser, Kirk Knutsen, have bigger plans for their endeavor. Pro Mujer will mete out the $25,000 to recipients in the country the students select and return to the school both regular status reports as well as a modest amount of earned interest. The group plans to use that interest and other money raised locally to invest in smaller, more specific projects through Kiva, another microfinance lender, with no minimum entry requirement.

Note: For lots more on the exciting, amazingly successful microlending movement, click here.


Pentagon to Detail Troops to Bolster Domestic Security
2008-12-01, Washington Post
http://www.washingtonpost.com/wp-dyn/content/article/2008/11/30/AR20081130022...

The U.S. military expects to have 20,000 uniformed troops inside the United States by 2011 trained to help state and local officials respond to a nuclear terrorist attack or other domestic catastrophe, according to Pentagon officials. Critics of the change, in the military and among civil liberties groups and libertarians ... express concern that the new homeland emphasis threatens to ... undermine the Posse Comitatus Act, a 130-year-old federal law restricting the military's role in domestic law enforcement. The Pentagon's plan calls for three rapid-reaction forces to be ready for emergency response by September 2011. The first 4,700-person unit, built around an active-duty combat brigade based at Fort Stewart, Ga., was available as of Oct. 1, said Gen. Victor E. Renuart Jr., commander of the U.S. Northern Command. Two additional teams will join nearly 80 smaller National Guard and reserve units made up of about 6,000 troops in supporting local and state officials nationwide. All would be trained to respond to a domestic chemical, biological, radiological, nuclear, or high-yield explosive attack, or CBRNE event, as the military calls it. In 2005, a new Pentagon homeland defense strategy emphasized "preparing for multiple, simultaneous mass casualty incidents." In late 2007, Deputy Defense Secretary Gordon England signed a directive approving more than $556 million over five years to set up the three response teams, known as CBRNE Consequence Management Response Forces [CCMRF].

Note: For many reports from major media sources of increasing threats to civil liberties, click here.


One Man’s Military-Industrial-Media Complex
2008-11-30, New York Times
http://www.nytimes.com/2008/11/30/washington/30general.html?partner=rss&emc=r...

Through seven years of war an exclusive club has quietly flourished at the intersection of network news and wartime commerce. Its members, mostly retired generals, have had a foot in both camps as influential network military analysts and defense industry rainmakers. It is a deeply opaque world, a place of privileged access to senior government officials, where war commentary can fit hand in glove with undisclosed commercial interests and network executives are sometimes oblivious to possible conflicts of interest. Few illustrate the submerged complexities of this world better than Barry McCaffrey. General McCaffrey, 66, has long been a force in Washington’s power elite. A consummate networker, he cultivated politicians and journalists of all stripes as drug czar in the Clinton cabinet, and his ties run deep to a new generation of generals, some of whom he taught at West Point or commanded in the Persian Gulf war. But it was 9/11 that thrust General McCaffrey to the forefront of the national security debate. In the years since he has made nearly 1,000 appearances on NBC and its cable sisters, delivering crisp sound bites in a blunt, hyperbolic style. He commands up to $25,000 for speeches, his commentary regularly turns up in The Wall Street Journal, and he has been quoted or cited in thousands of news articles, including dozens in The New York Times. His influence is such that President Bush and Congressional leaders from both parties have invited him for war consultations. At the same time, General McCaffrey has immersed himself in businesses that have grown with the fight against terrorism.

Note: This in-depth article on the "military-industrial-media complex" is worth reading in its entirety. For lots more on war profiteering from reliable sources, click here.


UFO enthusiasts call on Obama to release X-Files
2008-11-30, The Telegraph (One of the U.K.'s leading newspapers)
http://www.telegraph.co.uk/news/newstopics/howaboutthat/3536229/UFO-enthusias...

UFO enthusiasts are pressing Barack Obama to release classified documents about sightings of alien spacecraft, encouraged by support from within the President-Elect's own White House team. Desperate to see the US emulate the British Government and disclose reported "contact" with UFOs, the enthusiasts have written to Mr Obama to ask that his administration [come] clean about the contents of America's "X-Files". They believe they have good prospects of success after public statements of support from both John Podesta, who is running Mr Obama's White House transition team, and Bill Richardson, the Governor of New Mexico ... who is expected to secure a cabinet post. When he was the White House chief of staff under Bill Clinton, Mr Podesta led a project to declassify 800 million pages of intelligence documents. Gov Richardson, a former presidential candidate and fellow UFO aficionado, has written a forward to a book on the so-called Roswell Incident in New Mexico. He has called for full disclosure by the Pentagon of what really occurred. Only last week a US Air Force pilot, Milton Torres, whose testimony was released from the British archives, appeared on US television explaining how he was ordered to shoot down a large UFO over the UK in 1957 and then silenced by military officials, who told him never to speak of the incident.

Note: Podesta has also publicly called for a release of UFO records for years, alleging a cover-up. See the CNN article reporting this available here. For a concise summary of evidence on UFO sightings presented by highly-respected former military and government professionals, click here.


Economic rescue could cost $8.5 trillion
2008-11-30, Los Angeles Times
http://www.latimes.com/business/la-fi-pricetag30-2008nov30,0,7549258.story

With its decision last week to pump an additional $1 trillion into the financial crisis, the government eliminated any doubt that [it has] no hesitation in pledging to spend previously almost unimaginable sums of money and running up federal budget deficits on a scale not seen since World War II. Indeed, analysts warn that the nation's next financial crisis could come from the staggering cost of battling the current one. Just last week, new initiatives added $600 billion to lower mortgage rates, $200 billion to stimulate consumer loans and nearly $300 billion to steady Citigroup, the banking conglomerate. That pushed the potential long-term cost of the government's varied economic rescue initiatives, including direct loans and loan guarantees, to an estimated total of $8.5 trillion -- half of the entire economic output of the U.S. this year. The spending already has had a dramatic effect on the federal budget deficit, which soared to a record $455 billion last year and began the 2009 fiscal year with an amazing $237-billion deficit for October alone. Analysts say next year's budget deficit could easily bust the $1-trillion barrier. "I didn't think we'd see that for a long time," said Maya MacGuineas, president of the Committee for a Responsible Federal Budget. "There's a huge risk of another economic crisis, a debt crisis, once we get on the other side of this one." Once the financial crisis eases, higher interest rates and soaring inflation will be risks.

Note: For many revealing reports on the Wall Street bailout from reliable sources, click here.


I'm Still Tortured by What I Saw in Iraq
2008-11-30, Washington Post
http://www.washingtonpost.com/wp-dyn/content/article/2008/11/28/AR20081128022...

I should have felt triumphant when I returned from Iraq in August 2006. Instead, I was worried and exhausted. My mind was consumed with the unfinished business of our mission: fixing the deeply flawed, ineffective and un-American way the U.S. military conducts interrogations in Iraq. I'm still alarmed about that today. I'm not some ivory-tower type; I served for 14 years in the U.S. Air Force, began my career as a Special Operations pilot flying helicopters, saw combat in Bosnia and Kosovo, became an Air Force counterintelligence agent, then volunteered to go to Iraq to work as a senior interrogator. What I saw in Iraq still rattles me -- both because it betrays our traditions and because it just doesn't work. What I soon discovered about our methods astonished me. The Army was still conducting interrogations according to the Guantanamo Bay model: Interrogators were nominally using the methods outlined in the U.S. Army Field Manual, the interrogators' bible, but they were pushing in every way possible to bend the rules -- and often break them.These interrogations were based on fear and control; they often resulted in torture and abuse. I refused to participate in such practices, and a month later, I extended that prohibition to the team of interrogators I was assigned to lead. I personally conducted more than 300 interrogations, and I supervised more than 1,000. The methods my team used are not classified ... but the way we used them was, I like to think, unique. We got to know our enemies, we learned to negotiate with them, and we adapted criminal investigative techniques to our work.

Note: For revealing reports from reliable and verifiable sources on the realities of the Iraq and Afghan wars, click here.


Ocean currents can power the world, say scientists
2008-11-29, The Telegraph (One of the U.K.'s leading newspapers)
http://www.telegraph.co.uk/earth/energy/renewableenergy/3535012/Ocean-current...

A revolutionary device that can harness energy from slow-moving rivers and ocean currents could provide enough power for the entire world, scientists claim. The technology can generate electricity in water flowing at a rate of less than one knot - about one mile an hour - meaning it could operate on most waterways and sea beds around the globe. Existing technologies which use water power, relying on the action of waves, tides or faster currents created by dams, are far more limited in where they can be used, and also cause greater obstructions when they are built in rivers or the sea. Turbines and water mills need an average current of five or six knots to operate efficiently, while most of the earth's currents are slower than three knots. The new device, which has been inspired by the way fish swim, consists of a system of cylinders positioned [horizontally] to the water flow and attached to springs. As water flows past, the cylinder creates vortices, which push and pull the cylinder up and down. The mechanical energy in the vibrations is then converted into electricity. The scientists behind the technology, which has been developed in research funded by the US government, say ... the technology would require up to 50 times less ocean acreage than wave power generation. The system, conceived by scientists at the University of Michigan, is called Vivace, or "vortex-induced vibrations for aquatic clean energy".

Note: For lots more on new energy technology developments, click here.


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