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Officials with the New Jersey attorney general’s office said on Monday that the state had agreed to a $400,000 settlement in a lawsuit filed by a former state trooper who said that he was beaten and harassed by members of a secret group of rogue officers within the State Police. The former trooper, Justin Hopson, filed the lawsuit in 2003. In it, he described a series of beatings, threats and acts of vandalism that he said occurred after he refused to support an arrest by another trooper in 2002. Mr. Hopson said that he was attacked by members of a loose-knit group within the State Police known as the Lords of Discipline. For years, minority and female troopers have complained that they have been harassed by members of the group. In 2005, the state attorney general’s office issued a report that found seven troopers guilty of harassing their colleagues. The troopers received punishments ranging from reprimands to 45-day suspensions. Mr. Hopson, 33, filed suit after the March 2002 arrest of a woman for drunken driving, which he said was improper because the woman had not been behind the wheel. When Mr. Hopson refused to endorse fellow troopers’ versions of events surrounding the arrest, court papers said, a campaign to silence him began. First, there were threatening notes left around his station house. Then, Mr. Hopson said, his car was vandalized. By the time he sued the state in December 2003, Mr. Hopson said that he had been the victim of a series of beatings at the hands of another trooper.
Note: Read a follow-up article on how this good man is calling for all of us to step up. For more along these lines, see concise summaries of deeply revealing police corruption news articles from reliable major media sources.
Bryce Lockwood, Marine staff sergeant, Russian-language expert, recipient of the Silver Star for heroism: "I'm angry! I'm seething with anger! Forty years, and I'm seething with anger!" Lockwood was aboard the USS Liberty, a super-secret spy ship on station in the eastern Mediterranean, when four Israeli fighter jets flew out of the afternoon sun to strafe and bomb the virtually defenseless vessel on June 8, 1967, the fourth day of what would become known as the Six-Day War. Four decades later, many of the more than two dozen Liberty survivors located and interviewed by the Tribune cannot talk about the attack without shouting or weeping. Their anger has been stoked by the declassification of government documents and the recollections of former military personnel. In declassifying the most recent and largest batch of materials last June 8, the 40th anniversary of the attack, the NSA ... acknowledged that the attack had "become the center of considerable controversy." It was not the agency's intention, it said, "to prove or disprove any one set of conclusions, many of which can be drawn from a thorough review of this material." Air Force Capt. Richard Block was ... monitoring Middle Eastern communications [on June 8, 1967]. "Some of the pilots did not want to attack," Block said. "The pilots said, 'This is an American ship. Do you still want us to attack?'" And ground control came back and said, 'Yes, follow orders.'"
Note: The Jerusalem Post has now confirmed that Israel knew the USS Liberty was American. Watch the powerfully incriminating documentary "The Day Israel Attacked America" about the 1967 intentional attack on the USS Liberty which was virtually erased from all historical accounts.
An elementary-school teacher who was dismissed after telling her class on the eve of the Iraq war that "I honk for peace" lost [her] U.S. Supreme Court appeal. The justices ... denied a hearing to Deborah Mayer, who had appealed lower-court decisions upholding an Indiana school district's refusal to renew her contract in June 2003. The most-recent ruling, by a federal appeals court in Chicago, said teachers in public schools have no constitutional right to express personal opinions in the classroom. A teacher's speech is "the commodity she sells to an employer in exchange for her salary," the [court] said in January. "The Constitution does not enable teachers to present personal views to captive audiences against the instructions of elected officials." The appellate ruling is ... one of a series of recent decisions taking a narrow view of free speech for teachers, other government employees and students. Mayer, who now teaches sixth grade in Florida, was distraught. "I don't know why anybody would want to be a teacher if you can be fired for saying four little words," she said Monday. "I'm supposed to teach the Constitution to my students. I'm supposed to tell them that the Constitution guarantees free speech. How am I going to justify that?" She said her class of fourth- through sixth-graders was discussing an article in the children's edition of Time magazine, part of the school-approved curriculum, on protests against U.S. preparations for an invasion of Iraq in January 2003. When a student asked her whether she took part in demonstrations, Mayer said, she replied that she blew her horn whenever she saw a "Honk for Peace" sign, and that peaceful solutions should be sought before going to war. After a parent complained, the principal ordered Mayer never to discuss the war or her political views in class.
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Employees of Blackwater USA have engaged in nearly 200 shootings in Iraq since 2005, in [the] vast majority of cases firing their weapons from moving vehicles without stopping to count the dead or assist the wounded, according to a new report from Congress. In at least two cases, Blackwater paid victims’ family members who complained, and sought to cover up other episodes, the Congressional report said. It said State Department officials approved the payments in the hope of keeping the shootings quiet. In one case last year, the department helped Blackwater spirit an employee out of Iraq less than 36 hours after the employee, while drunk, killed a bodyguard for one of Iraq’s two vice presidents on Christmas Eve. The report ... adds weight to complaints from Iraqi officials, American military officers and Blackwater’s competitors that company guards have taken an aggressive, trigger-happy approach to their work and have repeatedly acted with reckless disregard for Iraqi life. But the report is also harshly critical of the State Department for exercising virtually no restraint or supervision of the private security company’s 861 employees in Iraq. “There is no evidence in the documents that the committee has reviewed that the State Department sought to restrain Blackwater’s actions, raised concerns about the number of shooting episodes involving Blackwater or the company’s high rate of shooting first, or detained Blackwater contractors for investigation,” the report states. Based on 437 internal Blackwater incident reports as well as internal State Department correspondence, the report said Blackwater’s use of force was “frequent and extensive, resulting in significant casualties and property damage.” The State Department ... has paid Blackwater more than $832 million for security services in Iraq and elsewhere, under a diplomatic security contract it shares with two other companies, DynCorp International and Triple Canopy.
Nearly a month after an Israeli military airstrike in Syria generated political aftershocks from Washington to North Korea, the Israeli government lifted its official veil of secrecy Tuesday. It didn't provide much new information about what took place on Sept. 6, however. While its government censor cleared the way for journalists here to report that the incident had taken place, rigid rules remained in effect that ban reporting what the target was, what troops were involved or why the strike was ordered. Israel lifted its ban on reporting that the attack took place after Syrian President Bashar Assad told the British Broadcasting Corp. that Israeli jets had hit an "unused military building." But Israeli officials refused to say anything about the attack, and almost no one who would be expected to know -- from government officials to former intelligence officers -- is talking. The dearth of information has allowed fertile speculation: The strike was a dry run for an attack on Iran's nuclear facilities. The target was an Iranian missile cache bound for Hezbollah fighters in Lebanon. The attack hit a fledgling Syrian-North Korean nuclear weapons program. Or it was meant to thwart efforts to provide Hezbollah with a "dirty bomb" to use against Israel. One of the latest theories is that North Korea told the United States it had sold nuclear technology to Syria, which prompted the U.S. to pass that information to Israel, leading Israel to attack the technology. The problem of separating fact from fiction is compounded by the practice on all sides of routinely leaking distorted, exaggerated or downright bogus information to conceal the truth and wage psychological warfare. "Everything reported about the raid is wrong and is part of a psychological warfare that will not fool Syria," Deputy President Farouq Shara said in Damascus.
The Shock Doctrine is [Naomi] Klein’s ambitious look at the economic history of the last 50 years and the rise of free-market fundamentalism around the world. “Disaster capitalism,” as she calls it, is a violent system that ... requires terror to do its job. Extreme capitalism loves a blank slate, often finding its opening after crises or “shocks.” Klein compares radical capitalist economic policy to shock therapy administered by psychiatrists. She interviews Gail Kastner, a victim of covert C.I.A. experiments in interrogation techniques that were carried out by the scientist Ewen Cameron in the 1950s. His idea was to use electroshock therapy to break down patients. Once “complete depatterning” had been achieved, the patients could be reprogrammed. For Klein the larger lessons are clear: “Countries are shocked — by wars, terror attacks, coups d’état and natural disasters.” Then “they are shocked again — by corporations and politicians who exploit the fear and disorientation of this first shock to push through economic shock therapy.” People who “dare to resist” are shocked for a third time, “by police, soldiers and prison interrogators.” Klein offers an account of Milton Friedman — she calls him “the other doctor shock”. In the 1950s, as Cameron was conducting his experiments, the Chicago School was developing the ideas that [dominate capitalist planning today]. She quotes the Chilean economist Orlando Letelier on the “inner harmony” between the terror of the Pinochet regime and its free-market policies. Letelier said that Milton Friedman shared responsibility for the regime’s crimes, rejecting his argument that he was only offering “technical” advice. Letelier was killed in 1976 by a car bomb planted in Washington [DC]. For Klein, he was another victim of the “Chicago Boys” who wanted to impose free-market capitalism on the region. “In the Southern Cone, where contemporary capitalism was born, the ‘war on terror’ was a war against all obstacles to the new order,” she writes.
Note: For highly revealing, verifiable information on government mind control programs, click here.
A Peruvian widow borrowed $64 and bought a few pigs. For $55, a villager in Ghana went into the mineral-water trade. A mother of nine in Guatemala upgraded her grocery store with $250. These women from three continents have something in common: They are beneficiaries of microcredit - very small loans to very poor people for very small businesses. The benefactors, in many cases, are ordinary individuals inspired by a movement that is reshaping philanthropy. More and more of us are becoming convinced that lending even tiny amounts of money to destitute people in the developing world can transform lives - theirs and ours. "My life has changed because of this loan," said 27-year-old Patience Asare-Boateng, in a phone interview from Ghana. "This is something that people want: a sense of connection and a sense of community," said Bob Graham, founder of NamasteDirect, a microcredit organization in San Francisco. "Because it's decreasing in our daily lives." The microcredit approach carved out in Bangladesh three decades ago by 2006 Nobel Peace Prize winner Muhammad Yunus has inspired a war on poverty that blends social conscience and business savvy - especially in Northern California. Although Yunus, widely regarded as the father of the modern microcredit movement, made his first loan in 1976 and established Grameen Bank - lending to the poorest of the poor - 24 years ago, microlending only recently started seeping into public consciousness.
Note: For more inspiring information on the microcredit movement founded by Nobel Prize-winner Muhammad Yunus, click here.
Since Robert Goddard launched a 10-foot rocket from a New England farm more than 80 years ago, the basic principles of space travel haven't changed much. Still required: a violent combustion of fuel and oxygen to propel the vehicle. Unless, maybe, you have a laser and a couple of mirrors. Young K. Bae, a maverick one-man rocket research institution in Tustin, believes he has hit on a propulsion technology that could revolutionize space travel, finally overcoming the limits of chemical rockets, which are slow and dangerous and need vast amounts of fuel. The 51-year-old physicist calls it the photonic laser thruster. "This overcomes the physical barriers of current rocket technology," he says, pointing to a tiny laser encased in glass. Hurling ships into space with light beams has been the stuff of science fiction novels for decades, but Bae says he has proved that it really is just science. He says a laser beam bouncing off two mirrors facing each other was able to exert force on one of the mirrors, albeit ever so slight. The discovery came in December, but Bae waited months to reveal the experiment to verify that the measuring devices were accurate and that the results could be repeated. Franklin B. Mead, a rocket propulsion expert at the Air Force Research Laboratory, calls it "pretty incredible." The photonic laser thruster can in theory be made much more powerful -- strong enough to propel a spacecraft to near light speed. "If it proves out it would be revolutionary," says Carl Ehrlich, a retired aerospace engineer who has worked on the space shuttle and other rocket programs. Within a year or two, [Bae] will attempt to have the laser device lift an object the size and weight of a compact disc. Ehrlich will be watching. "We're still using the same technology developed by Goddard. We need a breakthrough," he says.
Despite being implicated in several controversial killings, [Blackwater] is the Pentagon's most favoured contractor and has effective diplomatic immunity in Iraq. Referred to as "the most powerful mercenary army in the world", both the US ambassador to Iraq and the army's top generals hold it in regard. The company, based near the Great Dismal Swamp in North Carolina, was co-founded by Erik Prince, a billionaire right-wing fundamentalist. At its HQ, Blackwater has trained more than 20,000 mercenaries to operate as freelancers in wars around the world. Prince is a big bankroller of the Republican Party - giving a total of around $275,550 - and was a young intern in the White House of George Bush Sr. Under George Bush Jr, Blackwater received lucrative no-bid contracts for work in Iraq, Afghanistan and New Orleans after hurricane Katrina. His firm has pulled down contracts worth at least $320 million in Iraq alone. Jeremy Scahill, who wrote the book Blackwater: The Rise Of The World's Most Powerful Mercenary Army, says when Bush was re-elected in 2004, one company boss sent this email to staff: "Bush Wins, Four More Years!! Hooyah!!" One Blackwater employment policy is to hire ex-administration big-hitters into key positions. It hired Cofer Black, a former State Department co-ordinator for counter-terrorism and former head of the CIA's counter-terrorism centre, as vice-chairman. Robert Richer, a former CIA divisional head, joined Blackwater as vice-president of intelligence in 2005. Scahill says the firm is "the front line in what the Bush administration views as the necessary revolution in military affairs" - privatisation of as many roles as possible. Scahill went on to call Prince a "neo-crusader, a Christian supremacist, who ... has been allowed to create a private army to defend Christendom around the world."
On July 9, 1947, the Roswell Daily Record, a newspaper, printed a story with the alarming headline: "RAAF Captures Flying Saucer On Ranch in Roswell Region." There appear to be few things people agree on regarding what has become known as "the Roswell incident." Six decades later, competing UFO enthusiasts promote their own theories, skeptics dismiss the spaceship claims as outrageous, and the military, which originally claimed all the fuss was over a weather balloon, now sticks to its story that it was an experimental spy craft. Escondido resident Milton Sprouse, 85, said he knows what happened in Roswell ---- not because he favors one theory over another, but because he was there. As for the outrageous stories of mysterious metal, alien corpses and a military coverup? It's all true, he said. "I was there the day they announced a UFO had crashed," he said. "The next day, it was published in the Roswell Daily Record, and that night, all the generals said the story was untrue." Sprouse said all copies of the Roswell newspaper were collected by officers. Sprouse ... said he recalls people speaking about "alien bodies" immediately after the debris discovery. "They took the bodies to a hangar, and there were two guards at each door with machine guns," he said. Sprouse said one witness, a barracksmate, was an emergency-room medic who reported seeing what he called "humanoid" bodies in the hospital. "They went to the ER room and two doctors and two nurses were called in, and they dissected two of those humanoid bodies. Then the doctors and nurses were transferred. My friend said he saw the bodies, and I believed him," Sprouse said. "He said, 'We don't think the humanoid ate food.' I don't know why he said that. The digestive system wasn't designed for food or something."
Note: For more revealing information on UFOs from major media sources, click here.
Bristol-Myers Squibb Co. and a former subsidiary have agreed to pay more than $515 million to settle federal and state investigations into their drug marketing and pricing practices. The civil settlement ... resolves a broad array of allegations against Bristol-Myers Squibb, dating from 1994 through 2005. Among them was a charge that the ... company illegally promoted the sale of Abilify, an anti-psychotic drug, for pediatric use and to treat dementia-related psychoses. Neither use is approved by the U.S. [FDA]. Although physicians are permitted to prescribe drugs for off-label uses, drug companies are prohibited from marketing them for uses that have not been approved by the FDA. U.S. Attorney Michael Sullivan said when pharmaceutical companies market drugs for unapproved uses, there is a potential risk that patients could be harmed, because the drugs have not been tested as rigorously as they are during the FDA approval process. The government also alleged the company paid illegal inducements in the form of consulting fees and trips to luxury resorts to influence doctors and other health care providers to buy and prescribe the company's drugs. The company's former generic drug subsidiary, Apothecon Inc., also was accused of giving illegal enticements to induce retail pharmacy and wholesale customers to buy its products. Bristol-Myers Squibb misreported its best price for the anti-depression drug Serzone, violating a law that requires drug companies to report their lowest price to Medicaid, prosecutors said. The company was selling Serzone to a larger commercial purchaser at a lower price, prosecutors said. Bristol-Myers Squibb and Apothecon also inflated prices for an assortment of oncology and generic drugs knowing that federal health care programs established reimbursement rates based on those prices, Sullivan said.
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The Food and Drug Administration does very little to ensure the safety of the millions of people who participate in clinical trials, a federal investigator has found. The inspector general of the Department of Health and Human Services, Daniel R. Levinson, said federal health officials did not know how many clinical trials were being conducted, audited fewer than 1 percent of the testing sites and, on the rare occasions when inspectors did appear, generally showed up long after the tests had been completed. The F.D.A. has 200 inspectors, some of whom audit clinical trials part time, to police an estimated 350,000 testing sites. Even when those inspectors found serious problems in human trials, top drug officials in Washington downgraded their findings 68 percent of the time, the report found. Among the remaining cases, the agency almost never followed up with inspections to determine whether the corrective actions that the agency demanded had occurred. “In many ways, rats and mice get greater protection as research subjects in the United States than do humans,” said Arthur L. Caplan, chairman of the department of medical ethics at the University of Pennsylvania. Animal research centers have to register with the federal government, keep track of subject numbers, have unannounced spot inspections and address problems speedily or risk closing, none of which is true in human research, Mr. Caplan said. Because no one collects the data systematically, there is no way to tell how safe the nation’s clinical research is or ever has been. The drug agency oversees just the safety of trials by companies seeking approval to sell drugs or devices. Using an entirely different set of rules, the Office for Human Research Protections oversees trials financed by the federal government. Privately financed noncommercial trials have no federal oversight.
Note: For further information on corruption in the health care industry, click here.
A consumer advocacy group [has] released a study alleging credit card companies use arbitration firms that they know will rarely rule in favor of consumers. Nearly all credit card customer service agreements mandate binding arbitration because it is a cheaper and faster way to resolve disputes, industry officials say. Public Citizen though says the companies hire arbitration firms that almost always rule in favor of the card issuer. Arbitration firms used by companies such as Mastercard Inc., Visa, Discover Financial Services LLC and American Express Co. ruled against consumers in 32,300 of 34,000 disputes that went to arbitration, according to Public Citizen's study. 'This is a system that is unfair to consumers,' Joan Claybrook, the group's president said at a press briefing. Sen. Russ Feingold, D-Wis. and Rep Hank Johnson, D-Ga., attended the briefing to say they have introduced legislation that would let credit card customers choose arbitration or civil court in a dispute. 'People shouldn't have to give up their legal rights just to get a credit card,' Claybrook said. Public Citizen's study singled out arbitration disputes in California because it is the only state that requires arbitration resolutions be disclosed. Public Citizen also singled out the Minneapolis-based National Arbitration Forum, which has arbitrated many of the disputes analyzed.
Facing pressure from religious groups, civil libertarians and members of Congress, the federal Bureau of Prisons has decided to return religious materials that had been purged from prison chapel libraries because they were not on the bureau’s lists of approved resources. After the details of the removal became widely known this month, Republican lawmakers, liberal Christians and evangelical talk shows all criticized the government for creating a list of acceptable religious books. In an e-mail message Wednesday, the bureau said: “In response to concerns expressed by members of several religious communities, the Bureau of Prisons has decided to alter its planned course of action with respect to the Chapel Library Project. The bureau will begin immediately to return to chapel libraries materials that were removed in June 2007, with the exception of any publications that have been found to be inappropriate, such as material that could be radicalizing or incite violence. The review of all materials in chapel libraries will be completed by the end of January 2008.” Only a week ago the bureau said it was not reconsidering the library policy. But critics of the bureau’s program said it appeared that the bureau had bowed to widespread outrage. “Certainly putting the books back on the shelves is a major victory, and it shows the outcry from all over the country was heard,” said Moses Silverman, a lawyer for three prisoners who are suing the bureau over the program. “But regarding what they do after they put them back ... I remain concerned that the criteria for returning the books will be constitutional and lawful.”
Frustrated by press leaks about its most sensitive electronic surveillance work, the secretive National Security Agency convened an unprecedented series of off-the-record "seminars" in recent years to teach reporters about the damage caused by such leaks and to discourage reporting that could interfere with the agency's mission to spy on America's enemies. The half-day classes featured high-ranking NSA officials highlighting objectionable passages in published stories and offering "an innocuous rewrite" that officials said maintained the "overall thrust" of the articles but omitted details that could disclose the agency's techniques, according to course outlines obtained by The New York Sun. Dubbed "SIGINT 101," using the NSA's shorthand for signals intelligence, the seminar was presented "a handful of times" between approximately 2002 and 2004. The syllabi make clear that the sessions, which took place at NSA headquarters in Fort Meade, Md., were conceived of ... as part of a campaign to limit the damage caused by leaks of sensitive intelligence. During one sensitive discussion, journalists were to be told they could not take any notes. The exact substitutions of language that the NSA proposed were deleted from the syllabi released to the Sun under the Freedom of Information Act. In 2005, following the publication of a New York Times story on a secret program for warrantless wiretapping ... Director of Central Intelligence Porter Goss crusaded against leaks at the CIA and later told a Senate committee that he hoped reporters would be called before grand juries to identify their sources. Attorney General Gonzales also discussed the "possibility" of prosecuting journalists who wrote stories based on leaked intelligence. The syllabi, which are marked as drafts, list presenters including the director of the NSA at the time, General Michael Hayden, [now director of the CIA].
Gordon Brown has promised to double the number of "eco-towns" to be built across the UK from five to ten. The prime minister told the Labour conference in Bournemouth that a positive response to the project had encouraged him to expand it. This showed "imagination", he said, adding that eco-towns would help the government meet housebuilding targets. In May, Mr Brown promised [that] communities of up to 100,000 low-carbon and carbon-neutral homes would be built. Mr Brown told the Labour conference: "For the first time in nearly half a century we will show the imagination to build new towns - eco-towns with low and zero-carbon homes. And today, because of the responses we have received, we are announcing that instead of just five new eco-towns we will now aim for ten - building thousands of new homes in every region of the country." This would help boost housebuilding to 240,000 homes a year, he said. The eco-town idea was the first major policy announcement made by Mr Brown as he began his campaign to succeed Tony Blair as prime minister earlier this year. Constructed on old industrial sites, they will be powered by locally generated energy from sustainable sources. The government said that, with a month to go until the deadline, there had been about 30 expressions of interest in building eco-towns from councils, developers and others.
A team of National Institutes of Health researchers has concluded that the often-touted benefits of flu shots to people over the age of 70 are highly exaggerated - there is no real proof they provide protection to the frail elderly. The conclusion published Monday in an online edition of the British journal The Lancet Infectious Diseases is unwelcome news for public health officials in the United States who are preparing to launch the annual flu shot campaign. This season, the Centers for Disease Control and Prevention hopes that a record 132 million doses of flu vaccine will be manufactured for the U.S. market, but the federal agency has been having a hard time boosting the number of Americans who line up for the shots. Last year, at least 18 million doses of flu vaccine went to waste. The CDC's long-standing goal is to have 90 percent of seniors aged 65 and older vaccinated against flu. The policy has made progress: In the 2005-06 flu season, 69 percent of that population was vaccinated, compared to just 15 percent in 1980. It is precisely that success that has led disease control experts in recent years to question the value of the vaccine. With such a large increase in immunization rates, a drop in flu deaths among the elderly would have been expected. But several studies have failed to show any such reduction. The report underscores growing doubts about how useful the current flu vaccines are for the elderly.
Note: Vaccines are a big profit maker for the drug companies. Can we trust that they make decisions based on what's best for our health? For many key articles on health from reliable major media sources, click here.
The U.S. government is collecting electronic records on the travel habits of millions of Americans who fly, drive or take cruises abroad, retaining data on the persons with whom they travel or plan to stay, the personal items they carry during their journeys, and even the books that travelers have carried, according to documents obtained by a group of civil liberties advocates and statements by government officials. The personal travel records are meant to be stored for as long as 15 years, [by] the Department of Homeland Security's ... Automated Targeting System. But new details about the information being retained suggest that the government is monitoring the personal habits of travelers more closely than it has previously acknowledged. The details were learned when a group of activists requested copies of official records on their own travel. Those records included a description of a book on marijuana that one of them carried and small flashlights bearing the symbol of a marijuana leaf. Civil liberties advocates have alleged that the type of information preserved by the department raises alarms about the government's ability to intrude into the lives of ordinary people. The millions of travelers whose records are kept by the government are generally unaware of what their records say, and the government has not created an effective mechanism for reviewing the data and correcting any errors, activists said. The activists alleged that the data collection effort, as carried out now, violates the Privacy Act, which bars the gathering of data related to Americans' exercise of their First Amendment rights, such as their choice of reading material or persons with whom to associate. They also expressed concern that such personal data could one day be used to impede their right to travel.
A billion dollars just doesn't go as far as it used to. For the first time, it takes more than $1 billion to earn a spot on Forbes magazine's list of the 400 richest Americans. The minimum net worth for inclusion in this year's rankings released Thursday was $1.3 billion, up $300 million from last year. The new threshold meant 82 of America's billionaires didn't make the cut. Collectively, the people who made the rankings released Thursday are worth $1.54 trillion, compared with $1.25 trillion last year. The very top of the list was unchanged: Microsoft Corp. founder Bill Gates led the list for the 14th straight year, this time with a net worth estimated at $59 billion. He was followed by Warren Buffett of Berkshire Hathaway Inc. in second place with an estimated $52 billion. The list showed some notable changes. Joining the top 10 of the country's richest for the first time were Google Inc. founders Sergey Brin and Larry Page, who tied for fifth place. The 34-year-old moguls' wealth has quadrupled since 2004 to an estimated $18.5 billion this year, while their company's stock value has surged 500 percent. Lower down, almost half of the 45 newcomers made their millions in hedge funds and private equity investments. "Wall Street really led the charge this year," said Matthew Miller, editor of the Forbes list.
Note: For more revealing articles on income inequality and the growing gap between the super-rich and the rest, click here.
For years, the [Bush] administration has been quietly auctioning off U.S. foreign policy to the highest corporate bidder -- and it may be too late for us to buy it back. Look at Blackwater. Blackwater increasingly promises to do everything the U.S. government can do, but better. Blackwater's facility in North Carolina is the world's largest private military facility -- it's so good that the U.S. military uses it for training. Since its founding, it has trained 50,000 "consultants" who can be deployed anywhere in the world. With no geographical limits, the company is eager to prove its value. Blackwater has trained police in Afghanistan and naval commandos in Azerbaijan, and it sent heavily armed employees to New Orleans after Hurricane Katrina. They started off offering their services as volunteers -- or vigilantes, some critics said. FEMA, playing catch-up, followed with contracts, as did a number of other agencies. Increasingly, Blackwater looks like a miniature government. It has people, infrastructure and hardware. For instance, it is buying Brazilian-made fighter bombers -- great in combat but not really necessary if you're merely providing civilian bodyguards. Blackwater is unusual, but it's not entirely unique. Other corporations ... are also eagerly filling the vacuum as the U.S. government retreats worldwide from the business of governing. The White House's motives are obvious. Why fight another war, with all the bother of convincing Congress, if you can quietly hire a private military company to fight it for you? Why interrogate suspected insurgents if you can outsource the whole messy business? As for the corporations so eagerly lapping up the contracting dollars, there's no conspiracy -- it's just the good old profit motive.
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.