News ArticlesExcerpts of Key News Articles in Major Media
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Mark Pittman, the award-winning reporter whose fight to make the Federal Reserve more accountable to taxpayers led Bloomberg News to sue the central bank and win, died Nov. 25 in Yonkers, New York. He was 52. Pittman suffered from heart-related illnesses. “He was one of the great financial journalists of our time,” said Joseph Stiglitz, a professor at Columbia University in New York and the winner of the 2001 Nobel Prize for economics. “His death is shocking.” A former police-beat reporter who joined Bloomberg News in 1997, Pittman wrote stories in 2007 predicting the collapse of the banking system. That year, he won the Gerald Loeb Award from the UCLA Anderson School of Management, the highest accolade in financial journalism, for "Wall Street’s Faustian Bargain," a series of articles on the breakdown of the U.S. mortgage industry. Pittman’s push to open the Fed to more scrutiny resulted in an Aug. 24 victory in Manhattan Federal Court affirming the public’s right to know about the central bank’s more than $2 trillion in assistance to financial firms.
Note: To see a one-minute video of mind-blowing US Congressional testimony on a CIA dart gun which can easily cause a heart attack, click here. The poison from this gun is undetectable on autopsy. Could such a weapon be used by the rich and powerful bankers who might want to silence someone who threatens literally billions of dollars of profits, someone like Mark Pittman?
An American military detention camp in Afghanistan is still holding inmates ... without access to the International Committee of the Red Cross. The site, known to detainees as the black jail, consists of individual windowless concrete cells, each illuminated by a single light bulb glowing 24 hours a day. Former detainees said that their only human contact was at twice-daily interrogation sessions. While Mr. Obama signed an order to eliminate so-called black sites run by the [CIA] in January, it did not also close this jail, which is run by military Special Operations forces. Military officials said as recently as this summer that the Afghanistan jail and another like it at the Balad Air Base in Iraq were being used to interrogate high-value detainees. And officials said recently that there were no plans to close the jails. All three former detainees interviewed by The New York Times complained of being held for months after the intensive interrogations were over without being told why. Human rights researchers say they worry that the jail remains in the shadows and largely inaccessible both to the Red Cross and the Afghan Independent Human Rights Commission.
Note: For many revealing reports from major media sources on the worsening threats to civil liberties, click here.
Société Générale has advised clients to be ready for a possible "global economic collapse" over the next two years, mapping a strategy of defensive investments to avoid wealth destruction. In a report entitled "Worst-case debt scenario", the bank's asset team said state rescue packages over the last year have merely transferred private liabilities onto sagging sovereign shoulders, creating a fresh set of problems. Overall debt is still far too high in almost all rich economies as a share of GDP (350pc in the US), whether public or private. It must be reduced by the hard slog of "deleveraging", for years. "As yet, nobody can say with any certainty whether we have in fact escaped the prospect of a global economic collapse," said the 68-page report, headed by asset chief Daniel Fermon. It is an exploration of the dangers, not a forecast. Governments have already shot their fiscal bolts. Even without fresh spending, public debt would explode within two years to 105pc of GDP in the UK, 125pc in the US and the eurozone, and 270pc in Japan. Worldwide state debt would reach $45 trillion, up two-and-a-half times in a decade. "High public debt looks entirely unsustainable in the long run. We have almost reached a point of no return for government debt," it said.
Note: For many revealing reports from major media sources on the realities of the government-financed bank bailouts, click here.
Retired retail executive Richard Goldman was astonished when he heard about the $27 billion pollution lawsuit against Chevron Corp. in Ecuador. Astonished at the soil and water contamination surrounding Ecuador's oil fields. And astonished that he'd never heard of it before. So Goldman, one of the founders of the Men's Wearhouse clothing chain, has created a nonprofit group that will use social-networking tools to spread word of the case and put pressure on Chevron. The group, Ethos Alliance, will ask visitors to its Web site to tell others about the issue, hoping that viral communication via the Internet will reach people that news stories about the suit haven't. The site will raise money for humanitarian relief projects in Ecuador's oil patch, encouraging visitors to donate $5 apiece to build a water treatment plant and buy medicine for a health clinic. The Web site, www.ethosalliance.org, goes online today. Ethos also will urge Chevron to settle the long-running lawsuit, something the San Ramon company has vowed not to do. Ethos plans to tackle other issues of corporate responsibility in the future, uniting the alliance's online members with businesses willing to join the cause. Ethos is the latest example of social or political causes using social networking to increase their reach. Earlier this year, a one-day fundraising effort organized via Twitter collected $250,000 for drinking water projects in the developing world.
The Department of Homeland Security is finalizing a proposal to collect fingerprints or eye scans from all foreign travelers at U.S. airports as they leave the country, officials said, a costly screening program that airlines have opposed. The plan ... would collect fingerprints at airport security checkpoints, departure gates or terminal kiosks, allowing the government to track when roughly 35 million foreign visitors a year. In a concession to industry, DHS said it probably will drop plans to require airlines to pay for the bulk of the program and is looking to cut costs, which could reach $1 billion to $2 billion over a decade, largely to be paid by taxpayers or foreign travelers. In addition, the program would not operate for now at land borders, where 80 percent of noncitizens enter and leave the country, because fingerprinting travelers there could cost billions more and significantly delay commerce. Congress focused on inbound travelers after the [September 11, 2001 attacks,] appropriating $3 billion since 2003 on the US-VISIT tracking program. The program collects biological identifiers, such as fingerprints and digital photographs, from all arriving foreigners except Canadians and Mexicans with special border-crossing cards. By the time Bush administration officials unveiled a $3.5 billion program in April 2008, however, political impetus for changes had weakened.
Note: For many reports from major media sources of growing government threats to civil liberties, click here.
Eating a diet high in processed food increases the risk of depression, research suggests. What is more, people who ate plenty of vegetables, fruit and fish actually had a lower risk of depression, the University College London team found. Data on diet among 3,500 middle-aged civil servants was compared with depression five years later, the British Journal of Psychiatry reported. They split the participants into two types of diet - those who ate a diet largely based on whole foods, which includes lots of fruit, vegetables and fish, and those who ate a mainly processed food diet, such as sweetened desserts, fried food, processed meat, refined grains and high-fat dairy products. After accounting for factors such as gender, age, education, physical activity, smoking habits and chronic diseases, they found a significant difference in future depression risk with the different diets. Those who ate the most whole foods had a 26% lower risk of future depression than those who at the least whole foods. By contrast people with a diet high in processed food had a 58% higher risk of depression than those who ate very few processed foods.
Note: For an excellent article revealing dramatic improvements in the behavior of children at a school which transformed the children's diet in a major experiment being modeled by other schools, click here. For key reports from major media sources on important health issues, click here.
In a helicopter above [New York City], Stephen Wiltshire of London looked down at the streets and sprawl. He flew for 20 minutes. Since then, working only from the memory of that sight, he has been sketching and drawing a mighty panorama of the city, rendering the city’s 305 square miles along an arc of paper that is 19 feet long. He is working publicly in a gallery at the Pratt Institute in Brooklyn. “I always memorize by helicopter,” he said, pausing from detailing the corners of a street on the Brooklyn side of the Williamsburg Bridge. Mr. Wiltshire sees and draws. It is how he connects. Until age 5, he had never uttered a word. One day, his kindergarten class at a school for autistic children in London went on a field trip. When they came back, he spoke. “He said, ‘Paper,’ ” his sister, Annette Wiltshire, said. “The teacher asked him to say it again. He said it. Then they asked him to say something else, and he said, ‘Pen.’ ” With pen and paper in hand, he drew what he had seen that day. In time, a clever teacher taught him the alphabet by associating each letter with a place he had drawn — “a” for Albert Hall, “b” for Buckingham Palace, and so on. Now 35, he has already drawn eight major cities after flyovers. He has his own Web site and gallery. By unpacking in exquisite detail the riches that he absorbs in a glimpse, Mr. Wiltshire has built a bridge to the world that had once been cut off to him.
Note: For an intriguing five-minute film on Stephen Wiltshire, click here. For a wealth of information about other people with mind-boggling capabilities, click here.
Ahmed Wali Karzai, the brother of the Afghan president and a suspected player in the country’s booming illegal opium trade, gets regular payments from the Central Intelligence Agency, and has for much of the past eight years, according to current and former American officials. The C.I.A.’s practices ... suggest that the United States is not doing everything in its power to stamp out the lucrative Afghan drug trade, a major source of revenue for the Taliban. The relationship between Mr. Karzai and the C.I.A. is wide ranging. He helps the C.I.A. operate a paramilitary group, the Kandahar Strike Force, that is used for raids against suspected insurgents. On at least one occasion, the strike force has been accused of mounting an unauthorized operation against an official of the Afghan government. Mr. Karzai is also paid for allowing the C.I.A. and American Special Operations troops to rent a large compound outside the city. “He’s our landlord,” a senior American official said, speaking on the condition of anonymity. A former C.I.A. officer with experience in Afghanistan said the agency relied heavily on Ahmed Wali Karzai, and often based covert operatives at compounds he owned.
Note: To read an analysis of these revelations, which argues that there is a much bigger story of "heavy dependence by U.S. and NATO counterinsurgency forces on Afghan warlords for security", click here.
Congress began the work of reforming our troubled financial system last week, and a bill aimed at regulating derivatives passed the House Financial Services Committee on Thursday. Derivatives — contracts that theoretically protect buyers from unforeseen financial calamities but more often are used to fuel raw speculation — were ... at the heart of the banking crisis. Credit default swaps ... propelled the American International Group off the cliff. Those swaps also linked millions of trading partners, creating a web in which one default threatened to produce a chain of corporate and economic failures worldwide. And derivatives aren’t going away. So reforming the $42 trillion market for credit swaps is crucial if taxpayers are to be protected from future rescues of institutions deemed not only too big but also too interconnected to fail. The best aspect of the House bill is that it requires many swaps to be traded on exchanges just like stocks, subjecting them for the first time to the light of day. But elsewhere in the bill, ... exceptions to this exchange-trading rule undermine its regulatory power. Big banks dealing in swaps don’t want exchange trading, where pricing and the identities of participants would be more publicly transparent. Michael Greenberger, a University of Maryland law professor and an expert in derivatives, criticized the House bill. “The plain language of the legislation can only be read as a Christmas tree of decorative gifts to the banking industry,” he said. “And this is being done when people acknowledge the unregulated O.T.C. derivatives market was a principal reason for the meltdown.”
Note: For lots more on the realities of the Wall Street bailout, click here.
Is the Central Intelligence Agency covering up some dark secret about the assassination of John F. Kennedy? For six years, the agency has fought in federal court to keep secret hundreds of documents from 1963, when an anti-Castro Cuban group it paid clashed publicly with the soon-to-be [alleged] assassin, Lee Harvey Oswald. The files in question, some released under direction of the court and hundreds more that are still secret, involve the curious career of George E. Joannides, the case officer who oversaw the dissident Cubans in 1963. In 1978, the agency made Mr. Joannides the liaison to the House Select Committee on Assassinations — but never told the committee of his earlier role. That concealment has fueled suspicion that Mr. Joannides’s real assignment was to limit what the House committee could learn about C.I.A. activities. The agency’s deception was first reported in 2001 by Jefferson Morley, who has doggedly pursued the files ever since. Mr. Morley, 51, [is] a former Washington Post reporter and the author of a 2008 biography of a former C.I.A. station chief in Mexico. After losing an appeals court decision in Mr. Morley’s lawsuit, the C.I.A. released material last year confirming Mr. Joannides’s deep involvement with the anti-Castro Cubans who confronted Oswald. But the agency is withholding 295 specific documents from the 1960s and ’70s, while refusing to confirm or deny the existence of many others. The deceptions began in 1964 with the Warren Commission. The C.I.A. hid its schemes to kill Fidel Castro and its ties to the anti-Castro Directorio Revolucionario Estudantil, or Cuban Student Directorate, which received $50,000 a month in C.I.A. support during 1963. In the years since Oswald was named as the assassin, speculation about who might have been behind him has never ended.
Note: For WantToKnow.info team member Peter Dale Scott's analysis of the extraordinary significance of this New York Times article, click here. For two revealing clips suggesting the official explanation of the JFK assassination was manipulated, click here (for a five-minute clip from the History Channel) and here (for a highly revealing documentary from a CBS affiliate).
France's highest court has ruled that US agrochemical giant Monsanto had not told the truth about the safety of its best-selling weed-killer, Roundup. The court confirmed an earlier judgment that Monsanto had falsely advertised its herbicide as "biodegradable" and claimed it "left the soil clean". The company was fined 15,000 euros (Ł13,800; $22,400). Roundup is the world's best-selling herbicide. Monsanto also sells crops genetically-engineered to be tolerant to Roundup. French environmental groups had brought the case in 2001 on the basis that glyphosate, Roundup's main ingredient, is classed as "dangerous for the environment" by the European Union. Earlier this month, Monsanto reported a fourth quarter loss of $233m (Ł147m), driven mostly by a drop in sales of its Roundup brand.
Note: For an article on the dangers of Monsanto's RoundUp, click here.
As a group of healthcare workers, we are being mandated by a new New York state law to receive the seasonal flu vaccine and H1N1 vaccines. If we do not receive these vaccines by November 30th, that inaction is to be considered our resignation. We must sign a consent for the vaccines prior to their administration. The manufacturers have been granted immunity by the government; they cannot be sued for untoward effects. We do not want to receive these vaccines. Our educated studies of risks versus benefits conclude that the risks of the vaccine are greater than the possible benefits. All health care workers with direct patient care are mandated to receive the vaccine, so the coercion is real -- we cannot just go find a job "somewhere else." And the job market of 2009 does not offer opportunity in a different arena where we could still feed our families. We understand the fear that swine flu and influenza has generated. While our sources of information indicate that swine flu is not a pandemic, we know that the slanted research fed by the media offers results intended to frighten the public. We do not have the power to stop the fear that mass hype is able to generate. We hear the hype you are fed. We do not want to bring you harm, but we should not be forced into harm's way ourselves.
Note: For more on mandatory flu vaccinations, click here.
A bone fragment believed to be part of Adolf Hitler's skull has been revealed as being that of an unidentified woman, US scientists have said. The section of bone - marked with a bullet hole - was used to support the theory that Hitler shot himself. Russian scientists said the skull piece was found alongside Hitler's jawbone and had put it on display in Moscow. But US scientists said DNA tests revealed it actually belonged to a woman aged between 20 and 40. An archaeologist from the University of Connecticut travelled to Moscow, where the fragment has been on show in the city's federal archive since 2000, to take a sample. Nick Bellantoni said he had suspected even before the bone was tested that the fragment did not come from an adult male. DNA tests confirmed that the bone fragment came from a female. Doubts about exactly how Hitler died have persisted for decades. Russian officials said that the bodies of Hitler and Eva Braun - who reportedly committed suicide in a Berlin bunker in 1945 - were removed from a shell crater shortly after they died. The piece of skull forms part of a collection that also includes a section of a bloodstained sofa where Hitler is believed to have shot himself after swallowing a cyanide pill.
The battle against "legalese" ... has made steady progress since the term was first coined in the early 20th century. Yet one uniquely baffling genre of court document continues to grow: a new generation of omnipotent injunctions ... more abstract, all-encompassing, and powerful [than simple injunctions]. [Imagine] one that, in addition to prohibiting publication of information, ordered that you "must not use and must not publish or communicate or disclose the information that A has obtained an injunction". Regrettably, this is not a rare Kafkaesque experiment in civil procedure. It is, in fact, reality in a growing number of cases brought before England and Wales's high court. Of course it is impossible to say just how many of these cases there are. The parties are unable to discuss them, so their existence often passes by unnoticed by a wider audience; and even where the existence of these injunctions does come to the attention of the press, journalists are equally bound by their terms, risking contempt of court should they report them. There are indications though, that these once rare weapons are becoming a more regular feature of the legal battlefield. More alarming still is the fact that corporations, with motives centred more on their brand and reputation than personal disaster, are invoking these orders, gagging others from saying they have been gagged, let alone whatever they initially wanted to speak out about.
The Federal Reserve Board has rejected a request by U.S. Treasury Secretary Timothy Geithner for a public review of the central bank’s structure and governance, three people familiar with the matter said. U.S. lawmakers have also called for a review of the Fed’s power and structure, saying Fed Chairman Ben S. Bernanke overstepped his authority as he bailed out creditors of Bear Stearns Cos. and American International Group Inc. while battling a crisis that led to $1.62 trillion in writedowns and losses at financial firms. While the report requested by the Treasury hasn’t been formally scrapped, no work has been done on the project, which was due Oct. 1. Treasury spokesman Andrew Williams declined to comment, as did Fed spokeswoman Michelle Smith. Congressional leaders have balked at the notion of giving the Fed more power and are leaning toward vesting authority over capital, liquidity and risk-management practices of big banks in a council of regulators.
Note: To understand how business corrupts politicians watch the heated MSNBC News clip at this link.
Shares of VeriChip Corp tripled after the company said it had been granted an exclusive license to two patents, which will help it to develop implantable virus detection systems in humans. The patents, held by VeriChip partner Receptors LLC, relate to biosensors that can detect the H1N1 and other viruses. The technology will combine with VeriChip's implantable radio frequency identification devices to develop virus triage detection systems. The triage system will provide multiple levels of identification -- the first will identify the agent as virus or non-virus, the second level will classify the virus and alert the user to the presence of pandemic threat viruses and the third level will identify the precise pathogen, VeriChip said in a white paper published May 7, 2009. Shares of VeriChip were up 186 percent.
Note: Beware of efforts to scare you into getting microchipped for your own safety. Click here for more on this. For more on pharmaceutical corporation profiteering from swine flu vaccines, click here.
A freelance cameraman's appendix ruptured and by the time he was admitted to surgery, it was too late. A self-employed mother of two is found dead in bed from undiagnosed heart disease. A 26-year-old aspiring fashion designer collapsed in her bathroom after feeling unusually fatigued for days. What all three of these people have in common is that they experienced symptoms, but didn't seek care because they were uninsured and they worried about the hospital expense, according to their families. All three died. Research released ... in the American Journal of Public Health estimates that 45,000 deaths per year in the United States are associated with the lack of health insurance. If a person is uninsured, "it means you're at mortal risk," said one of the authors, Dr. David Himmelstein, an associate professor of medicine at Harvard Medical School. The researchers examined government health surveys from more than 9,000 people aged 17 to 64, taken from 1986-1994, and then followed up through 2000. They determined that the uninsured have a 40 percent higher risk of death than those with private health insurance as a result of being unable to obtain necessary medical care. The researchers then extrapolated the results to census data from 2005 and calculated there were 44,789 deaths associated with lack of health insurance.
Note: For key reports on important health issues from reliable sources, click here.
The incomes of the young and middle-aged — especially men — have fallen off a cliff since 2000, leaving many age groups poorer than they were even in the 1970s, a USA TODAY analysis of new Census data found. People 54 or younger are losing ground financially at an unprecedented rate in this recession, widening a gap between young and old that had been expanding for years. The dividing line between those getting richer or poorer: the year 1955. If you were born before that, you're part of a generation enjoying a four-decade run of historic income growth. Every generation after that is now sinking economically. Household income for people in their peak earning years — between ages 45 and 54 — plunged $7,700 to $64,349 from 2000 through 2008, after adjusting for inflation. People in their 20s and 30s suffered similar drops. Older people enjoyed all the gains. The line between the haves and have-nots runs through the middle of the Baby Boom, the population explosion 1946-64. "The second half of the Baby Boom may be in the worst shape of all," says demographer Cheryl Russell of New Strategist Publications, a research firm. "They're loaded with expenses for housing, cars and kids, but they will never generate the income that their parents enjoyed."
Note: For lots more on income inequality from reliable sources, click here.
The pharmaceutical giant Pfizer agreed to pay $2.3 billion to settle civil and criminal allegations that it had illegally marketed its painkiller Bextra, which has been withdrawn. It was the largest health care fraud settlement and the largest criminal fine of any kind ever. The settlement had been expected. Pfizer, which is acquiring a rival, Wyeth, reported in January that it had taken a $2.3 billion charge to resolve claims involving Bextra and other drugs. It was Pfizer’s fourth settlement over illegal marketing activities since 2002. The government charged that executives and sales representatives throughout Pfizer’s ranks planned and executed schemes to illegally market not only Bextra but also Geodon, an antipsychotic; Zyvox, an antibiotic; and Lyrica, which treats nerve pain. While the government said the fine was a record sum, the $2.3 billion fine amounts to less than three weeks of Pfizer’s sales. Much of the activities cited Wednesday occurred while Pfizer was in the midst of resolving allegations that it illegally marketed Neurontin, an epilepsy drug for which the company in 2004 paid a $430 million fine and signed a corporate integrity agreement — a companywide promise to behave. John Kopchinski, a former Pfizer sales representative whose complaint helped prompt the government’s Bextra case, said that company managers told him and others to dismiss concerns about the Neurontin case while pushing them to undertake similar illegal efforts on behalf of Bextra. “The whole culture of Pfizer is driven by sales, and if you didn’t sell drugs illegally, you were not seen as a team player,” said Mr. Kopchinski.
Note: For lots more on corporate corruption, click here. For a powerful article on the immense political power of pharmaceutical companies by one of the top MDs in the U.S., click here.
The Obama administration will largely preserve Bush-era procedures allowing the government to search -- without suspicion of wrongdoing -- the contents of a traveler's laptop computer, cellphone or other electronic device. The policy, disclosed ... in a pair of Department of Homeland Security directives, describes more fully than did the Bush administration the procedures by which travelers' laptops, iPods, cameras and other digital devices can be searched and seized when they cross a U.S. border. And it sets time limits for completing searches. Representatives of civil liberties and travelers groups say they see little substantive difference between the Bush-era policy, which prompted controversy, and this one. "It's a disappointing ratification of the suspicionless search policy put in place by the Bush administration," said Catherine Crump, staff attorney for the American Civil Liberties Union. "It doesn't deal with the fundamental problem, which is that under the policy, government officials are free to search people's laptops and cellphones for any reason whatsoever." "Under the policy begun by Bush and now continued by Obama, the government can open your laptop and read your medical records, financial records, e-mails, work product and personal correspondence -- all without any suspicion of illegal activity," said Elizabeth Goitein, who leads the liberty and national security project at the nonprofit Brennan Center for Justice.
Note: For important revelations of government threats to civil liberties, click here.
Important Note: Explore our full index to revealing excerpts of key 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.