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The push and pull over what is on the record is one of journalism’s perennial battles. But those negotiations typically took place case by case, free from the red pens of press minders. Now, with a millisecond Twitter news cycle and an unforgiving, gaffe-obsessed media culture, politicians and their advisers are routinely demanding that reporters allow them final editing power over any published quotations. Quote approval is standard practice for the Obama campaign, used by many top strategists and almost all mid-level aides ... at the White House - almost anyone other than spokesmen who are paid to be quoted. (And sometimes it applies even to them.) It is also commonplace throughout Washington and on the campaign trail. From Capitol Hill to the Treasury Department, interviews granted only with quote approval have become the default position. Those officials who dare to speak out of school, but fearful of making the slightest off-message remark, shroud even the most innocuous and anodyne quotations in anonymity by insisting they be referred to as a “top Democrat” or a “Republican strategist.” It is a double-edged sword for journalists, who are getting the on-the-record quotes they have long asked for, but losing much of the spontaneity and authenticity in their interviews. Many journalists spoke about the editing only if granted anonymity, an irony that did not escape them. Those who did speak on the record said the restrictions seem only to be growing.
Note: For more along these lines, see concise summaries of deeply revealing news articles about government corruption and the manipulation of public perception.
Regulators on both sides of the Atlantic failed to act on clear warnings that the Libor interest rate was being falsely reported by banks during the financial crisis, it emerged last night. A cache of documents released yesterday by the New York Federal Reserve showed that US officials had evidence from April 2008 that Barclays was knowingly posting false reports about the rate at which it could borrow in order to assuage market concerns about its solvency. An unnamed Barclays employee told a New York Fed analyst, Fabiola Ravazzolo, on 11 April 2008: "So we know that we're not posting, um, an honest Libor." He said Barclays started under-reporting Libor because graphs showing the relatively high rates at which the bank had to borrow attracted "unwanted attention" and the "share price went down". The verbatim note of the call released by the Fed represents the starkest evidence yet that Libor-fiddling was discussed in high regulatory circles years before Barclays' recent Ł290m fine. The New York Fed said that, immediately after the call, Ms Ravazzolo informed her superiors of the information, who then passed on her concerns to Tim Geithner, who was head of the New York Fed at the time. Mr Geithner investigated and drew up a six-point proposal for ensuring the integrity of Libor which he presented to the British Bankers Association, which is responsible for producing the Libor rate daily. Mr Geithner, who is now US Treasury Secretary, also forwarded the six-point plan to the Governor of the Bank of England, Sir Mervyn King.
Note: For deeply revealing reports from reliable major media sources on regulatory and financial corruption and criminality, click here. For our highly revealing Banking Corruption Information Center, click here.
A wide-ranging surveillance operation by the Food and Drug Administration against a group of its own scientists utilized an enemies list of sorts as it secretly captured thousands of e-mails that the disgruntled scientists sent privately to members of Congress, lawyers, labor officials, journalists and even President Obama, previously undisclosed records show. What began as a narrow investigation into the possible leaking of confidential agency information by five scientists quickly grew in mid-2010 into a much broader campaign to counter outside critics of the agency's medical review process, according to the cache of more than 80,000 pages of computer documents generated by the surveillance effort. Moving to quell what one memo called the "collaboration" of the FDA's opponents, the surveillance operation identified 21 agency employees, congressional officials, outside medical researchers and journalists thought to be working together to put out negative and "defamatory" information about the agency. The agency, using so-called spy software designed to help employers monitor workers, captured screen images from the government laptops of the five scientists as they were being used at work or at home. The extraordinary surveillance effort grew out of a bitter, years-long dispute between the scientists and their bosses at the FDA over the scientists' claims that faulty review procedures at the agency had led to the approval of medical imaging devices for mammograms and colonoscopies that exposed patients to dangerous levels of radiation.
Note: For lots more from reliable major media sources on government corruption, click here.
Just when you thought Wall Street couldn't sink any lower - when its excesses are still causing hardship to millions of Americans and its myriad abuses of public trust have already spread a miasma of cynicism over the entire economic system - an even deeper level of public-be-damned greed and corruption is revealed. Libor is the benchmark for trillions of dollars of loans worldwide - mortgage loans, small-business loans, personal loans. It's compiled by averaging the rates at which the major banks say they borrow. So far, the scandal has been limited to Barclays, a big, London bank that just paid $453 million to U.S. and British bank regulators, whose top executives have been forced to resign, and whose traders' e-mails give a chilling picture of how easily they got their colleagues to rig interest rates in order to make big bucks. But Wall Street has almost surely been involved in the same practice, including the usual suspects - JPMorgan Chase, Citigroup and Bank of America - because every major bank participates in setting the Libor rate, and Barclays couldn't have rigged it without their witting involvement. In fact, Barclays' defense has been that every major bank was fixing Libor in the same way, and for the same reason. And Barclays is "cooperating" (i.e., providing damning evidence about other big banks) with the Justice Department and other regulators in order to avoid steeper penalties or criminal prosecutions, so the fireworks have just begun.
Note: The author of this article, Robert Reich, is former U.S. secretary of labor, professor of public policy at UC Berkeley and the author of Aftershock: The Next Economy and America's Future. He blogs at www.robertreich.org.
A word of caution about the Model S, Tesla Motors' new electric sedan: The S stays smooth and silent, even when it's flying down the highway. Absent gears, engine noise or any vibration that doesn't originate with a pothole, it's absurdly easy for Model S drivers to shred speed limits without the slightest clue. Depending on the range of the battery pack and other options, Model S prices range all the way from $57,400 to $105,400 before state and federal incentives. The Model S functions much like a typical, automatic transmission sedan. But it's not quite the same. Put the car in drive and take your foot off the brake pedal, for example, and the S doesn't go anywhere. It just sits there until you touch the accelerator. Push the accelerator, and the car responds instantly. There's no sense of an engine laboring to pick up speed. Like other electric vehicles, the Model S uses regenerative braking. The brakes capture some of the moving car's kinetic energy, convert it to electricity and use it to recharge the battery while you drive. It's one of the ways a Model S with the most expensive battery pack option can drive more than 300 miles without plugging in. With the Model S, the regenerative braking starts the moment you ease off the accelerator pedal. The drop in speed is so pronounced that the car's brake lights will go on, even before you touch the brake pedal itself. It feels almost like having two separate braking systems working at the same time.
Note: For lots more inspiring reports from reliable major media sources on new automotive and alternative energy technologies, click here.
The mosquitoes developed and raised here at the laboratories of Oxitec, a British biotech company based near Didcot, have already infiltrated wild populations in Brazil, Malaysia and the Cayman Islands. The company hopes that it will reduce populations of disease-carrying mosquitoes by 80%. [Oxitec] is primarily focused on ... the Aedes aegypti mosquito, which carries [dengue fever]. The main weapons against A aegypti, pesticides and education, have had little success in preventing its spread. Oxitec's chief scientific officer ... came up with an alternative using genetic modification. He produced mosquitoes that were engineered to need an antibiotic, tetracycline, to develop beyond larval stage. Critics of Oxitec say that the company is rushing to commercialise its products to provide a return on investment, massaging research while leaving key questions unanswered. Earlier this year, scientists at the Max Planck Institute for Evolutionary Biology in Germany examined information regarding the release of modified insects into the environment in Malaysia and Grand Cayman, which were carried out by Oxitec. The scientists' findings suggest that there are "deficits in the scientific quality of regulatory documents and a general absence of accurate experimental descriptions available before releases start". Oxitec is now producing mosquitoes in Brazil. It recently reported that it reduced the number of Aedes mosquitoes by 85%, compared with an area where the company's mosquitoes weren't released.
Note: So GM mosquitoes were released in Brazil a few years ago (note this article was published in 2012). It turns out the area where they were released looks like the same area where the Zika outbreak occurred. Could the outbreak have been caused by these GM mosquitoes? For more, see this article. For more along these lines, see concise summaries of deeply revealing GMO news articles from reliable major media sources.
In 1998, officials at Penn State, including its president and its legendary football coach, were aware Jerry Sandusky was being investigated by the university’s police department for possibly molesting two young boys in the football building’s showers. They followed the investigation closely, updating one another along the way. The officials did nothing. No one so much as spoke to Mr. Sandusky. Last month, Mr. Sandusky, for three decades one of Joe Paterno’s top coaching lieutenants, was convicted of sexually attacking 10 young boys, nine of them after the 1998 investigation, and several of them in the same football building showers. Louis J. Freeh, the former federal judge and director of the F.B.I. who spent the last seven months examining the Sandusky scandal at Penn State, issued a damning conclusion [on July 12]: The most senior officials at Penn State had shown a “total and consistent disregard” for the welfare of children, had worked together to actively conceal Mr. Sandusky’s assaults, and had done so for one central reason: fear of bad publicity. That publicity, Mr. Freeh said, would have hurt the nationally ranked football program, Mr. Paterno’s reputation as a coach of high principles, the Penn State “brand” and the university’s ability to raise money as one of the most respected public institutions in the country.
Note: For deeply revealing reports from reliable major media sources on institutional sexual abuse, click here. For powerful evidence from a suppressed Discovery Channel documentary showing that child sexual abuse scandals reach to the highest levels of government, click here.
Wells Fargo & Co.'s settlement of allegations that it overcharged minorities for home loans and wrongly steered them into subprime mortgages requires the bank to pay $125 million in damages, including about $10 million to African Americans and Latinos in the Los Angeles area. The settlement ... also requires the San Francisco company, by far the nation's largest home lender, to provide $50 million in down-payment assistance to residents of areas where the alleged discrimination had a significant effect. The $175-million total is the second-largest fair-lending settlement by the civil rights arm of the Justice Department. The largest, reached in December, requires Bank of America Corp. to pay $335 million to settle claims against Countrywide Financial Corp., the aggressive Calabasas lender it acquired in 2008. Another former Wells Fargo unit — the now-defunct subprime storefront lender Wells Fargo Financial Inc. — was the target of a separate investigation by the Federal Reserve. Wells Fargo agreed last year to pay $85 million to settle allegations that Wells Fargo Financial employees improperly pushed borrowers into more expensive subprime loans and exaggerated income information on mortgage applications. The agreement covers lending from 2004 through 2009 in the wholesale section of Wells Fargo Home Mortgage, which made loans of all kinds, including prime and subprime mortgages, through independent brokers.
Note: For key investigative reports on the criminality and corruption in the financial industry and biggest banks, click here.
Doug Eaton wanted to celebrate his birthday on June 11 in a big way, so he turned to his friends for ideas [and] ended up marking the day with random acts of kindness, including handing out free money to people passing by. "I asked a bunch of my friends ... what should I do on my 65th and I got a whole long list of stuff," he told KFOR-TV. "And one of my friends said, 'Why don't you do 65 random acts of kindness?'" So that's exactly what he did, spending 65 minutes standing on the corner of NW 39th Street and May Avenue in Oklahoma City, handing out $5 bills to people who passed by. From a distance, Eaton looked a bit like any other panhandler holding a sign at a street corner. But instead of a plea for money, his sign read: "I have a home… and a car… and a job. Do you need a few bucks for some coffee?" Many people murmured "I can't believe this" or "bless you" as he handed them the cash. Others were reluctant to take his money, and he had to tell them "It's OK, it's just a blessing" and explain that this was his way of celebrating his milestone birthday. "This day has been one of the biggest blessings of my recent life," he [said]. "I don't know if I can wait until another birthday to do this again. But what if it became a habit? Or what if everyone or a lot of people did their birthday number of random acts of kindness on their birthday? How good would that be?"
Note: For lots more highly inspiring articles from the major media, click here.
After years of following the paper trail of $51 billion in U.S. taxpayer dollars provided to rebuild a broken Iraq, the U.S. government can say with certainty that too much was wasted. But it can't say how much. In what it called its final audit report, the Office of the Special Inspector General for Iraq Reconstruction Funds ... spelled out a range of accounting weaknesses that put "billions of American taxpayer dollars at risk of waste and misappropriation" in the largest reconstruction project of its kind in U.S. history. "The precise amount lost to fraud and waste can never be known," the report said. The office has spent more than $200 million tracking the reconstruction funds, and in addition to producing numerous reports, his office has investigated criminal fraud that has resulted in 87 indictments, 71 convictions and $176 million in fines and other penalties. These include civilians and military members accused of kickbacks, bribery, bid-rigging, fraud, embezzlement and outright theft of government property and funds. Of the $51 billion that Congress approved for Iraq reconstruction, about $20 billion was for rebuilding Iraqi security forces and about $20 billion was for rebuilding the country's basic infrastructure.
Note: For lots more from reliable major media sources on government corruption, click here.
Motorists may have been paying too much for their petrol because banks and other traders are likely to have tried to manipulate oil prices in the same way they rigged interest rates, an official report has warned. Concerns are growing about the reliability of oil prices, after a report for the G20 found the market is wide open to “manipulation or distortion”. Traders from banks, oil companies or hedge funds have an “incentive” to distort the market and are likely to try to report false prices, it said. Petrol retailers use oil price “benchmarks” to decide how much to pay for future supplies. The rate is calculated by data companies based on submissions from firms which trade oil on a daily basis – such as banks, hedge funds and energy companies. However, like Libor ... the market is unregulated and relies on the honesty of the firms to submit accurate data about all their trades. This is one of the major concerns raised in the G20 report, published last month by the International Organisation of Securities Commissions (IOSCO). In the study for global finance ministers, including George Osborne, the regulator warns that traders have opportunities to influence oil prices for their own profit. It points out that the whole market is “voluntary”, meaning banks and energy companies can choose which trades to make public. IOSCO says this “creates opportunity for a trader to submit a partial picture in order to influence the [price] to the trader’s advantage”.
Note: For deeply revealing reports from reliable major media sources on regulatory and financial corruption and criminality, click here.
The Justice Department is going through thousands of cases from the days before DNA testing to see whether the government exaggerated the significance of the FBI's hair analysis. The review, the largest in U.S. history, will focus on work by FBI Laboratory hair and fiber examiners since at least 1985, the Washington Post reported. A reporter at the Post had been working on a story about Donald Gates, a D.C. man released after DNA evidence proved his innocence, when he learned about Frederic Whitehurst, an FBI lab chemist who blew the whistle on the FBI Laboratory in the mid-1990s. Whitehurst said he watched colleagues contaminate evidence and, in court, overstate the significance of their matches. When Whitehurst, a chemist with a doctoral degree from Duke, arrived at the FBI crime lab in 1986, the first thing he noticed was that the place was, as he called it, a pigsty. The equipment was outdated and there was a film of black soot coating the counters – a dust from the vents that the agents called “black rain.” After the first World Trade Center bombing, Whitehurst testified that supervisors pressured him to concoct misleading scientific reports. When he refused to testify that a urea nitrate bomb had been the source of the explosion, the FBI found another lab technician to testify. He learned that an agent had, for the previous nine years, rewritten his scientific reports to support the prosecution.
Note: For deeply revealing reports from reliable major media sources on intelligence agency corruption, click here.
JPMorgan Chase said Friday that its traders may have tried to conceal the losses from a soured bet that has embarrassed the bank and cost it almost $6 billion — far more than its CEO first suggested. The bank said an internal investigation had uncovered evidence that led executives to “question the integrity” of the values, or marks, that traders assigned to their trades. JPMorgan also said that it planned to revoke two years’ worth of pay from some of the senior managers involved in the bad bet, and that it had closed the division of the bank responsible for the mistake. “This has shaken our company to the core,” CEO Jamie Dimon said. The bank said the loss, which Dimon estimated at $2 billion when he disclosed it in May, had grown to $5.8 billion. The investigation, which covered more than a million emails and tens of thousands of voice messages, suggested traders were trying to make losses look smaller, the bank said. The revelation could expose JPMorgan to civil fraud charges. If regulators decide that employee deceptions caused JPMorgan to report inaccurate financial details, they could pursue charges against the employees, the bank or both. JPMorgan could not necessarily hide behind the actions of its employees. Regulators could decide that its oversight or risk management contributed to the problematic statements.
Note: Yet will anyone go to jail for these shady activities? For key investigative reports on the criminality and corruption in the financial industry and biggest banks, click here.
Brian Munyai has spent nearly all of his 22 years living in a small metal shack that has never had electricity or running water. Conditions like this are typical for the nearly 40,000 people who live in the slums of Kliptown, a district in the largely black township of Soweto, South Africa. In high school, he heard about the Kliptown Youth Program. The after-school program, commonly known as KYP, provided him with intensive tutoring that helped him pass his senior exams and find funding to attend the University of Johannesburg. Stories like this motivate Thulani Madondo, the director and co-founder of KYP. A lifelong Kliptown resident, he has a goal of helping people like Munyai change their lives and their community through education. Right now, Madondo's group provides academic support, meals and after-school activities to 400 children. Every Monday through Thursday at 4 p.m. sharp, students hit the books in the tutoring program. Primary school students are tutored by the program's staff twice a week; on alternate days, professional teachers work with the high school students to prepare them for the matriculation exams required at the end of 12th grade. Books can be borrowed from the program's library -- the only one in the community -- and there are nearly 300 Internet-accessible laptops that were donated through the nonprofit One Laptop Per Child. So far, 21 members, including Munyai, have gone on to a university. [KYP provides] some financial assistance and helps members find ways to finance the rest.
Note: Check out the Kliptown Youth Program website at www.kliptownyouthprogram.org.za and see how to help. For a treasure trove of great news articles which will inspire you to make a difference, click here.
The Department of Homeland Security will soon be using a laser at airports that can detect everything about you from over 160 feet away. This laser-based scanner ... could read everything from a person’s adrenaline levels, to traces of gun powder on a person’s clothes, to illegal substances — and it can all be done without a physical search. It also could be used on multiple people at a time, eliminating random searches at airports. The scanner is called the Picosecond Programmable Laser. The device works by blasting its target with lasers which vibrate molecules that are then read by the machine that determine what substances a person has been exposed to. The inventor of this invasive technology is Genia Photonics. Active since 2009, they hold 30 patents on laser technology designed for scanning. In 2011, they formed a partnership with In-Q-Tel, a company chartered by the CIA and Congress to build “a bridge between the Agency and a new set of technology innovators.” Although the technology could be used by “Big Brother,” Genia Photonics states that the device could be far more beneficial being used for medical purposes to check for cancer in real time, lipids detection, and patient monitoring.
Note: For deeply revealing reports from reliable major media sources on government threats to privacy, click here.
One of the world's deadliest businesses - the $55 billion-per-year arms trade - prefers to operate in the shadows. Bananas, cold pills and truck tires come with more market rules and international norms. This shameful gap could be filled by a United Nations agreement nearing completion in New York. The Arms Trade Treaty would require signatory countries to abide by clear rules on the import, export and transfer of weapons, ranging from small arms to air-defense systems. The aim is to bring a lethal, back-alley game into the open and curb sales to brushfire wars and terrorist groups. Think of Syria, Sudan and Somalia as prime examples where outside guns, tanks or helicopters are killing thousands. Governments, militias and guerrilla movements with the cash can buy virtually anything through brokers with the right connections. The United States, as the top seller of arms, has a special duty to improve this patchwork system. The Obama administration has pushed for approval of the treaty, a healthy break from the Bush White House, which favored a country-by-country approach that achieved little. But don't think this treaty is a slam-dunk. Gun-rights groups such as the National Rifle Association bristle at any mention of weapons controls and see the treaty as a threat to domestic gun ownership. It's nothing of the sort, and State Department negotiators have made Second Amendment guarantees an absolute "red line" in talks.
Note: For lots more from reliable major media sources on government corruption, click here.
Medical researchers tell ABC News that more than 8 million women are at risk for hard-to-treat bladder infections, because superbugs from chicken are being transmitted to humans. If the researchers are right, there is compelling new evidence of a direct link between the superbugs and the antibiotic-fed chicken we buy at the grocery store. The Food and Drug Administration says 80 percent of all antibiotics sold in the US are fed to livestock and chickens to protect them from disease in cramped quarters. Researchers say they do not have a definitive link between the E. coli in chicken and infection in women, but they say there is "persuasive" evidence that chicken carries the same bacteria with the highest levels of resistance to medicine as causes the drug resistant infection in women.
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A former CIA agent is going on the record to say the alleged UFO incident on July 8, 1947, in Roswell, N.M., really happened. Chase Brandon, who worked 35 years with the CIA, said documents regarding the alleged landing of beings from outer space are locked up at the CIA's headquarters in Langley, Va. "It was in a vaulted area - there was one box that really caught my eye," the Daily Mail quotes Brandon as saying. "It had one word on it: Roswell. I rummaged inside it, put the box on the shelf and said, 'My God, it really happened.'" Brandon [made] the comments during the 65th anniversary of the alleged incident, which military officials initially explained as the capture of "a disc," but later explained away as a weather balloon. "It was not a weather balloon - it was what people first reported," the [Daily Mail] quotes Brandon as saying. The Huffington Post quotes Brandon as saying, "It was a craft that clearly did not come from this planet." Brandon worked as an undercover, covert operations officer in the CIA's Clandestine Service, where he focused on missions on international terrorism, counterinsurgency, global narcotics and weapons smuggling. He spent his final decade with the agency as liaison to the entertainment and publication industries, and it was during this time - in the mid 1990s - that he walked into the vaulted Historical Intelligence Collection area at CIA headquarters, according to the news organization. Brandon said the box contained written material and photographs.
Note: For a great Huffington Post article on this, click here. For the Daily Mail article, click here. For an excellent, intriguing eight-minute video featuring Chase Brandon on his knowledge of CIA training, click here. For verifiable quotes from a former head of the CIA, two astronauts, and other top officials on a huge UFO cover-up, click here.
Once more the big banks are exposed in systematic fraudulent activity. When Barclays agreed to a $450 million fine for trying to rig the Libor, its CEO offered the classic excuse: Everyone does it. Once more the question remains: Will CEOs and CFOs, as well as traders, be prosecuted? Or will they depart with their multimillion dollar rewards intact, leaving shareholders to pay the tab for the hundreds of millions in fines? The Barclays settlement exposed that traders colluded to try to fix the Libor rate. This is the rate used as the basis for exotic derivatives as well as mortgages, credit card and personal loan rates. Almost everyone is affected. Fixing the rate even a few hundredths of a percentage point could make Barclays millions on any single day — money taken out of the pockets of consumers and investors. Once more the banks were rigging the rules; once more their customers were their mark. The collusion was systematic and routine. Investigations are underway not only in the United Kingdom but also in the United States, Canada and the European Union. Those named in the probes are all the usual suspects: JPMorgan Chase, Citibank, UBS, Deutsche Bank, HSBC, UBS and others. This wasn’t rogue trading, ... it was more like a cartel. The Economist writes that what has been revealed here is “the rotten heart of finance,” a “culture of casual dishonesty.”
Note: For key investigative reports on the criminality and corruption in the financial industry and biggest banks, click here.
In January of this year, health and nutrition blogger Steve Cooksey received a disturbing letter from the North Carolina Board of Dietetics/Nutrition. The letter contained a 19-page markup of Cooksey’s own blog, highlighting in handwritten red pen an extensive series of changes the Board demanded that Cooksey make. He had to make these changes, the Board censors told him, or he would face arrest. Specifically, the Board censors said, he had to remove or change all writing they construed as constituting “nutrition advising” or “nutrition counseling” without a license. Forbes was granted exclusive first-look at a new series of internal documents, freshly leaked by outraged members within the Academy of Nutrition and Dietetics [formerly the American Dietetic Association, or ADA], the professional association behind the NC State Board of Dietetics/Nutrition which censored Cooksey. In these newly-available internal documents, [the ADA]: Openly discusses creating and using state boards of dietetics/nutrition ... for the express purpose of limiting market competition for its Registered Dietitian members; [and] openly discusses a nation-wide plan of surveilling and reporting private citizens, and particularly all competitors on the market for nutrition counseling, for “harming the public” by providing nutrition information/advice/counseling without a license.
Note: For lots more from reliable major media sources on government corruption, click here.
Important Note: Explore our full index to key excerpts of revealing major media news articles on several dozen engaging topics. And don't miss amazing excerpts from 20 of the most revealing news articles ever published.