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An alien with a lemon-shaped head and a jazz-themed encounter with a UFO at the Glastonbury Festival are among hundreds of UFO sightings detailed in the latest batch of documents released Monday by the UK's Ministry of Defence. Fourteen files, containing over 4,000 pages of UFO sightings from 1981 to 1996, have now been placed on Britain's National Archives database and are publicly available online. The sightings range from lights in the sky to close contact with aliens, and the files contain detailed analysis on some of the UK's most popular cases -- a number of which remain officially unexplained. The files ... shed new light on Britain's own 'Roswell', the Rendlesham Forest sightings of December 1980 in which American air force men saw a series of mysterious lights in the trees at the perimeter of an air base used by the U.S. Air Force. The then government of Margaret Thatcher was quick to dismiss the incident, but a letter from a former chief of defense staff in 1985 warned that the affair could prove a 'banana skin' for the Ministry of Defence. "The case has puzzling and disquieting features which have never been satisfactorily explained ... which continue to preoccupy informed sections of the public," said the letter. This latest release of documents represents the fourth set of UFO files released since 2008 as part of a three-year project in conjunction with the National Archives.
Note: For a powerful two-page summary of evidence for UFOs presented by highly respected and credible former government and military personnel from many countries, click here. For excellent information on the Rendlesham Forest case, click here.
America is not a Christian nation. Recent poll data show that conceptually, at least, we are slowly becoming more like Hindus and less like traditional Christians in the ways we think about God, our selves, each other, and eternity. The Rig Veda, the most ancient Hindu scripture, says this: "Truth is One, but the sages speak of it by many names." A Hindu believes there are many paths to God. Jesus is one way, the Qur'an is another, yoga practice is a third. None is better than any other; all are equal. The most traditional, conservative Christians have not been taught to think like this. They learn in Sunday school that their religion is true, and others are false. Jesus said, "I am the way, the truth, and the life. No one comes to the father except through me." Americans are no longer buying it. According to a 2008 Pew Forum survey, 65 percent of us believe that "many religions can lead to eternal life" -— including 37 percent of white evangelicals, the group most likely to believe that salvation is theirs alone. Also, the number of people who seek spiritual truth outside church is growing. Stephen Prothero, religion professor at Boston University, [says] "It isn't about orthodoxy. It's about whatever works. If going to yoga works, great—and if going to Catholic mass works, great. And if going to Catholic mass plus the yoga plus the Buddhist retreat works, that's great, too." Then there's the question of what happens when you die. In reincarnation, central to Hinduism, selves come back to earth again and again in different bodies. So here is another way in which Americans are becoming more Hindu: 24 percent of Americans say they believe in reincarnation, according to a 2008 Harris poll.
Pope Benedict XVI [has] called for a radical rethinking of the global economy, criticizing a growing divide between rich and poor and urging the establishment of a “true world political authority” to oversee the economy and work for the “common good.” He criticized the current economic system, “where the pernicious effects of sin are evident,” and urged financiers in particular to “rediscover the genuinely ethical foundation of their activity.” He also called for “greater social responsibility” on the part of business. “Once profit becomes the exclusive goal, if it is produced by improper means and without the common good as its ultimate end, it risks destroying wealth and creating poverty,” Benedict wrote in his new encyclical, which the Vatican released on [July 7]. More than two years in the making, “Caritas in Veritate,” or “Charity in Truth,” is Benedict’s third encyclical since he became pope in 2005. Filled with terms like “globalization,” “market economy,” “outsourcing,” “labor unions” and “alternative energy,” it is not surprising that the Italian media reported that the Vatican was having difficulty translating the 144-page document into Latin. In many ways, the document is a puzzling cross between an anti-globalization tract and a government white paper, another signal that the Vatican does not comfortably fit into traditional political categories of right and left. Benedict also called for a reform of the United Nations so there could be a unified “global political body” that allowed the less powerful of the earth to have a voice, and he called on rich nations to help less fortunate ones.
This much we can stipulate: President John F. Kennedy was assassinated on Nov. 22, 1963, struck by two bullets — one in the head, one in the neck — while riding in an open-topped limo through Dealey Plaza in Dallas. Lee Harvey Oswald was charged with killing him, and a presidential commission headed by Chief Justice Earl Warren found that Oswald acted alone. That conclusion hasn't passed muster with the public. A 2003 ABC News poll found that 70% of Americans believe Kennedy's death was the result of a broader plot. The trajectory of the bullets, some say, didn't square with Oswald's perch on the sixth floor of the Texas School Book Depository. Others suggest a second gunman — perhaps on the grassy knoll of Dealey Plaza — participated in the shooting. Others believe in an even broader conspiracy. Was Kennedy killed by CIA agents acting either out of anger over the Bay of Pigs or at the behest of Vice President Lyndon Johnson? By KGB operatives? Mobsters mad at Kennedy's brother for initiating the prosecution of organized crime rings? Speculation over one of history's most famous political assassinations is such a popular parlor game that most people have taken the rumors to heart: just 32% of those polled by ABC believe Oswald carried out the killing on his own.
Note: For an abundance of reliable facts and information suggesting a major conspiracy in the John F. Kennedy assassination, click here. For two powerful History Channel videos providing powerful evidence of direct government involvement in the Kennedy assassination, click here and here.
Three quarters of a century ago, President Franklin Roosevelt earned the undying enmity of Wall Street when he used his enormous popularity to push through a series of radical regulatory reforms that completely changed the norms of the financial industry. Wall Street hated the reforms, of course, but Roosevelt didn’t care. Wall Street and the financial industry had engaged in practices they shouldn’t have, and had helped lead the country into the Great Depression. Those practices had to be stopped. To the president, that’s all that mattered. On Wednesday, President Obama unveiled what he described as “a sweeping overhaul of the financial regulatory system, a transformation on a scale not seen since the reforms that followed the Great Depression.” In terms of the sheer number of proposals, outlined in an 88-page document the administration released on Tuesday, that is undoubtedly true. But in terms of the scope and breadth of the Obama plan — and more important, in terms of its overall effect on Wall Street’s modus operandi — it’s not even close to what Roosevelt accomplished during the Great Depression. Rather, the Obama plan is little more than an attempt to stick some new regulatory fingers into a very leaky financial dam rather than rebuild the dam itself. Everywhere you look in the plan, you see the same thing: additional regulation on the margin, but nothing that amounts to a true overhaul. The plan places enormous trust in the judgment of the Federal Reserve — trust that critics say has not really been borne out by its actions during the Internet and housing bubbles. Firms will have to put up a little more capital, and deal with a little more oversight, but once the financial crisis is over, it will, in all likelihood, be back to business as usual.
Note: To watch the Inspector General of the Federal Reserve testify to Congress that she knows pracitcally nothing of trillions of dollars that are unaccounted for, click here. For many revealing reports from reliable sources on the hidden realities of the continuing taxpayer bailout of the biggest financial corporations, click here.
An inventory of potentially deadly pathogens at Fort Detrick's infectious disease laboratory found more than 9,000 vials that had not been accounted for, Army officials said yesterday, raising concerns that officials wouldn't know whether dangerous toxins were missing. After four months of searching about 335 freezers and refrigerators at the U.S. Army Medical Research Institute of Infectious Diseases in Frederick, investigators found 9,220 samples that hadn't been included in a database of about 66,000 items listed as of February, said Col. Mark Kortepeter, the institute's deputy commander. The vials contained some dangerous pathogens, among them the Ebola virus, anthrax bacteria and botulinum toxin, and less lethal agents such as Venezuelan equine encephalitis virus and the bacterium that causes tularemia. Most of them, forgotten inside freezer drawers, hadn't been used in years or even decades. Officials said some serum samples from hemorrhagic fever patients dated to the Korean War. The overstock and the previous inaccuracy of the database raised the possibility that someone could have taken a sample outside the lab with no way for officials to know something was missing. The institute has been under pressure to tighten security in the wake of the 2001 anthrax attacks, which killed five people and sickened 17. FBI investigators say they think the anthrax strain used in the attacks originated at the Army lab, and its prime suspect, Bruce E. Ivins, researched anthrax there. Ivins committed suicide last year during an investigation into his activities.
Note: Fort Detrick is the home of the government lab which is suspected to be involved with the creation of many previously unknown lethal viruses and germs. For lots more, see the excellent work of Dr. Leonard Horowitz at this link and this one.
Forget buckets of blood. Nothing says horror like one of those tubs of artificially buttered, nonorganic popcorn at the concession stand. That, at least, is one of the unappetizing lessons to draw from one of the scariest movies of the year, “Food, Inc.,” an informative ... documentary about the big business of feeding or, more to the political point, force-feeding, Americans all the junk that multinational corporate money can buy. You’ll shudder, shake and just possibly lose your genetically modified lunch. The director Robert Kenner jumps all over the food map, from industrial feedlots where millions of cruelly crammed cattle mill about in their own waste until slaughter, to the chains where millions of consumers gobble down industrially produced meat and an occasional serving of E. coli bacteria. The voice in the opening belongs to the ethical epicurean and locavore champion Michael Pollan, author of In Defense of Food and The Omnivore’s Dilemma. Mr. Pollan ... is a great strength of “Food, Inc.,” as is one of its co-producers, Eric Schlosser, the author of Fast Food Nation. [They], together with Mr. Kenner, chart how and why the villains not only outnumber the heroes in contemporary food production, but also how and why they outbluff, outmuscle and outspend their opponents by billions of often government-subsidized dollars. The movie takes a look at the animal abuse in industrial food production — including clandestine images of sick and crippled cows being prodded to join the rest of the ill-fated herd — but its main focus is on the human cost. It’s a cost visible in the rounded bodies of a poor family that eats cheap if filling fast-food burgers for breakfast and in the obscured faces of farmers too frightened to go on record about Monsanto, the agricultural biotech giant.
Note: For another excellent review of this important film, click here.
The United States is now relying heavily on foreign intelligence services to capture, interrogate and detain all but the highest-level terrorist suspects seized outside the battlefields of Iraq and Afghanistan, according to current and former American government officials. Pakistan's intelligence and security services captured a Saudi suspect and a Yemeni suspect this year with the help of American intelligence and logistical support, Pakistani officials said. They are still being held by Pakistan, which has shared information from their interrogations with the United States, the official said. The current approach, which began in the last two years of the Bush administration and has gained momentum under Mr. Obama, is driven in part by court rulings and policy changes that have closed the secret prisons run by the Central Intelligence Agency, and all but ended the transfer of prisoners from outside Iraq and Afghanistan to American military prisons. Human rights advocates say that relying on foreign governments to hold and question [captives] could increase the potential for abuse at the hands of foreign interrogators. The fate of many ... whom the Bush administration sent to foreign countries remains uncertain. One suspect, Ibn al-Shaykh al-Libi, who was captured by the C.I.A. in late 2001 and sent to Libya, was recently reported to have died there in Libyan custody. In the last years of the Bush administration and now on Mr. Obama's watch, the balance has shifted toward leaving all but the most high-level terrorist suspects in foreign rather than American custody.
Note: It appears that the US government is simply avoiding bringing any of its captives under official US control. After the fanfare surrounding the closure of some of its "secret" prisons abroad, the government is moving detainees into prisons run by the governments of foreign countries. Could this be for the purpose of continuing the same torture and indefinite detention that it can no longer carry out in US-controlled prisons? For lots more on the "war on terror" from reliable sources, click here.
President Obama says his proposed reforms to the military commissions his predecessor established to try suspected terrorists will bring the tribunals "in line with the rule of law." But it isn't the same law that applies in U.S. courts. Pentagon officials appoint the judges and can remove them. Military commanders choose the jurors, who can convict defendants by non-unanimous votes, except in death penalty cases. The military can monitor defense lawyers' conversations with their clients. Prosecutors can also present evidence that would never pass muster in civilian courts. Confessions made under physical or mental pressure could be admissible, despite Obama's disavowal of torture and coercion. There's no ban on evidence from illegal searches. And defendants may be convicted on the basis of hearsay - a second hand report of an out-of-court accusation by another person, perhaps a fellow suspect, whom the defense never gets to see or question. Civil-liberties advocates and legal organizations defending prisoners who may be tried before the commissions say the system is an invitation to abuse and differs little from the tribunals established by President George W. Bush. "The system is designed to ensure the outcome they want ... convictions in every case," said Ben Wizner, an American Civil Liberties Union attorney who has attended proceedings for prisoners at the U.S. naval base at Guantanamo Bay, Cuba. "This suggests that the much-heralded improvements to the Bush military commission system are largely cosmetic."
Note: For lots more on the "war on terror" from reliable sources, click here.
Ninety percent of Americans say they pray — for their health, or their love life or their final exams. But does prayer do any good? For decades, scientists have tried to test the power of prayer and positive thinking, with mixed results. Now some scientists are fording new — and controversial — territory. When I first meet Sheri Kaplan, she is perched on a plastic chair at a Miami clinic, holding out her arm as a researcher draws several vials of blood. "I'm quite excited about my blood work this time," she says. "I've got no stress and I'm proud of it." Kaplan is tanned and freckled, with wavy red hair and a cocky laugh. She is defiantly healthy for a person who has lived with HIV for the past 15 years. "God didn't want me to die or even get sick," she asserts. "I've never had any opportunistic infections, because I had no time to be down." Kaplan's faith is unorthodox, but it's central to her life. She was raised Jewish, and although she claims no formal religion now, she prays and meditates every day. She believes God is keeping the virus at bay and that her faith is the reason she's alive today. "Everything starts from a thought, and then the thought creates a reaction," she says. "And I have the power to control my mind, before it gets to a physical level or an emotional level." Kaplan has never taken medicine, yet the disease has not progressed to AIDS (and she is not part of the population that has a mutation in the CCR5 gene that prevents progression of HIV to AIDS).
Even if you don't dig on swine, it has become impossible to avoid them. If you're not pummeled by television reports about Wall Street oinkers, you're bombarded by talk-radio rants about congressional pork and newspaper dispatches about swine flu. They are each part of what might be called piggish capitalism - an economic theory that mixes subsidization, consolidation and deregulation - and it endangers us all. In 1999 ... President Bill Clinton signed a landmark deregulation measure that "ushered in an era of aggressive bank mergers," as Reuters reports. The result was what critics like Rep. John Dingell, D-Mich., predicted at the time: Wall Street created "a group of institutions which are too big to fail" and that "taxpayers are going to be called upon to cure." Mass producing mortgage-backed securities that were quickly infected with subprime mutations, these financial factory farms became so enormous and unregulated that they spread toxic assets throughout the entire economy. And when losses mounted, the government made banks whole with trillion-dollar bailouts. Incredibly, our government hasn't learned from these crises. Regulation-wise ...new financial rules have yet to move in Congress. Additionally, the much-vaunted bank "stress tests" have been shrouded in secrecy, which experts say created the potential for rampant insider trading. Meanwhile, the White House seems loath to break up financial firms, preferring instead another bank bailout - even as analysts warn that such bailouts fuel merger mania. Pigs may, in fact, be the smartest domestic animal. But when charged with managing capitalism, they clearly have trouble comprehending the simplest lessons.
Note: For a clear example of the lack of concern about trillions of dollars unaccounted for by the Federal Reserve, listen to a five-minute video testimony of the inspector general of the Fed being question by a Congressman at this link. Then learn more about the major manipulations of the Fed on our highly banking and financial revealing summary available here.
Last month’s release of memos prepared by the Bush Justice Department and the disclosure of a report by the International Committee of the Red Cross on the brutal treatment of detainees expanded public knowledge of an ignominious chapter in the nation’s history. But these and other related disclosures do not provide a complete record of the government’s abuse of detainees. One missing element is the words of those prisoners subjected to waterboarding and other brutality. Those voices remain muffled by a combination of Bush-era resistance to a reasonable Freedom of Information Act request by the American Civil Liberties Union, and the gag order imposed on lawyers representing Guantánamo detainees. For two years, the A.C.L.U. has been seeking complete transcripts of the hearings at Guantánamo for 14 men who were previously in C.I.A. custody, including Abu Zubaydah, who has been described as an operative of Al Qaeda and was waterboarded at least 83 times. But the publicly released version of these transcripts deleted all detainee statements about their ordeals. The Bush team’s national security claim always had the odor of a cover-up. The interrogation program it was protecting has been discontinued, and crucial details are known. It is unsupportable to blank out grim details. The same considerations apply to the protective order that prohibits lawyers for Guantánamo detainees from speaking publicly about their clients’ treatment unless they receive the government’s permission or the information otherwise becomes public. Disclosure of the torture memos and the Red Cross report gives detainee lawyers more leeway, but they should not have to parse their words under a threat of prosecution.
Note: For many reports from major media sources detailing the disturbing government threats to civil liberties, click here.
Hundreds of Argentines have been donating to a taxi driver who found a bag with $32,500 (Ł21,600) in cash in his taxi and returned it to its owners. The donations started after a website was set up in his honour calling for gestures of gratitude for what is seen as an extraordinary act of honesty. So far the equivalent of $14,580 has been donated, according to the site. Santiago Gori, a taxi driver in the coastal city of La Plata, found the money after driving an elderly couple. They only went a short distance but when he dropped them off, they left a bag in the back of his taxi. A few days later he managed to locate his passengers again and he returned the bag. For Argentines used to corruption at all levels of society, this was an extraordinary story. Two young advertising agency employees decided to set up a website to thank Mr Gori further for his exemplary behaviour. Now thousands of people have accessed the site and have left hundreds of rewards and messages for Mr Gori. One visitor offered to produce in his studio a song chosen by Mr Gori to kick-start a potential artistic career. Another offered a snow-boarding lesson in Argentina's ski resort of Bariloche, while an Argentine abroad promised to bring back a second-hand GPS satellite receiver for his taxi on his return. "Thank you", say many of the messages and one said it all: "I wish more people were like you." For his part, Mr Gori seems a bit bemused. He said he only did what had to be done - and that he does not quite know what to do with all the things he has been offered.
There was a time when red meat was a luxury for ordinary Americans, or was at least something special: cooking a roast for Sunday dinner, ordering a steak at a restaurant. Not anymore. Meat consumption has more than doubled in the United States in the last 50 years. Now a new study of more than 500,000 Americans has provided the best evidence yet that our affinity for red meat has exacted a hefty price on our health and limited our longevity. The study found that, other things being equal, the men and women who consumed the most red and processed meat were likely to die sooner, especially from one of our two leading killers, heart disease and cancer, than people who consumed much smaller amounts of these foods. The number of excess deaths that could be attributed to high meat consumption is quite large given the size of the American population. Extrapolated to all Americans in the age group studied, the new findings suggest that over the course of a decade, the deaths of one million men and perhaps half a million women could be prevented just by eating less red and processed meats, according to estimates prepared by Dr. Barry Popkin, who wrote an editorial accompanying the report. In place of red meat, nonvegetarians might consider poultry and fish. In the study, the largest consumers of “white” meat from poultry and fish had a slight survival advantage. Likewise, those who ate the most fruits and vegetables also tended to live longer.
Note: For many excellent reports on health issues, click here.
A San Francisco federal judge rejected on Friday the Obama administration's attempt to derail a challenge to former President George W. Bush's electronic surveillance program by withholding a critical wiretap document. President Obama's Justice Department had appeared to defy a previous order by Chief U.S. District Judge Vaughn Walker to allow lawyers for an Islamic organization to see the classified document, which reportedly showed that the group had been wiretapped. The document, which the government accidentally sent to the Al-Haramain Islamic Foundation, could establish its right to sue over the legality of the program. Justice Department lawyers told Walker in February that he had no power to enforce his order, and indicated they would remove the document from his files if he planned to disclose it to Al-Haramain's lawyers. But after a federal appeals court denied the department's request to intervene, Walker told the government Friday to cooperate. "The United States should now comply with the court's orders," the judge said. He told lawyers for the administration and Al-Haramain to work out a protective order by May 8 that would maintain the document's secrecy after it had been shown to the Islamic group's lawyers. If the two sides can't agree, Walker said, he will issue his own protective order "under which this case may resume forward progress." The case is one of two before Walker challenging the constitutionality of the program that Bush secretly authorized in 2001 to intercept phone calls and e-mails between Americans and suspected foreign terrorists without seeking a court warrant, as required by a 1978 law.
Note: For more reports on government secrecy from reliable sources, click here.
Don't dismiss the Nano as a small, poor man's car that will cause a mere ripple on the world market. The Nano is a radical innovation, with the potential to revolutionize automobile manufacturing and distribution. The tiny Nano incorporates three innovations, which together make it huge. First, the Nano uses a modular design that enables a knowledgeable mechanic to assemble the car in a workshop. Thus, Tata can outsource assembly to independent workshops that can then assemble the car on buyers' orders. This innovation not only removes costly labor from the manufacturer's side but also allows for distributed entrepreneurship on the dealer's side. Second, the low cost of the Nano comes from a combination of its no-frills design and its use of numerous lighter components, from simple door handles and bulbs to the transmission and engine parts. The lighter vehicle enables a more energy-efficient engine that gets 67 miles to the gallon. Third, at just 122 inches long, the Nano is one of the shortest four-passenger cars on the market, yet it allows for ample interior space. These innovations have enabled Tata to introduce the Nano at a base price of $2,000. The low price has triggered worldwide interest in the car and a surge of orders, even in a struggling auto market. The Nano has the potential of flourishing despite the recession or softening its sting because of its extraordinary low price. It's a radical innovation precisely because it is a poor man's car.
Note: For a treasure trove of inspiring developments in new energy and automotive technologies, click here.
Members of Congress and the New York State attorney general demanded detailed information Thursday on how tens of billions of taxpayer dollars flowed through the American International Group during its crisis last fall and ended up in the coffers of several dozen big banks, shielding them from losses. The new inquiries shine a spotlight on a question that is exponentially bigger, in dollars, than the $165 million in bonuses that A.I.G. paid out this month, but which has been overshadowed until now by the uproar over the bonuses. “We would like to know if the A.I.G. counterparty payments, as made, were in the best interests of the taxpayers who provided the funding,” said Representative Elijah E. Cummings, Democrat of Maryland, in a letter to Neil M. Barofsky, the special inspector general for the Troubled Asset Relief Program. The banks and investment firms that ended up with A.I.G.’s bailout money last fall were, in many cases, counterparties to derivatives contracts it had sold, known as credit-default swaps, which guaranteed the value of assets in their investment portfolios. They included Wall Street firms, like Goldman Sachs, JPMorgan Chase and Merrill Lynch, that have successfully resisted efforts to regulate credit derivatives in the past. In several hearings this month, members of Congress said they believed the derivatives had often been used to speculate, not to manage risk. They have expressed outrage that A.I.G.’s trading partners got 100 cents on the dollar for their money-losing trades when ordinary Americans paying for the bailout have suffered big losses in their 401(k) accounts and other investments.
Note: For many revealing reports on the realities behind the Wall Street bailouts, click here.
The Obama administration appears to be backing away from the phrase "global war on terror," a signature rhetorical legacy of its predecessor. In a memo e-mailed this week to Pentagon staff members, the Defense Department's office of security review noted that "this administration prefers to avoid using the term 'Long War' or 'Global War on Terror' [GWOT.] Please use 'Overseas Contingency Operation.' " Senior administration officials had been publicly using the phrase "overseas contingency operations" in a war context for roughly a month before the e-mail was sent. The Bush administration adopted the phrase ["Global War on Terror"] soon after the Sept. 11, 2001. But critics abroad and at home, including some within the U.S. military, said the terminology mischaracterized the nature of the enemy and its abilities. Some military officers said, for example, that classifying al-Qaeda and other anti-American militant groups as part of a single movement overstated their strength. Last month, the International Commission of Jurists urged the Obama administration to drop the phrase "war on terror." The commission said the term had given the Bush administration "spurious justification to a range of human rights and humanitarian law violations," including detention practices and interrogation methods that the International Committee of the Red Cross has described as torture.
Civil liberties advocates are accusing the Obama administration of ... adopting the same expansive arguments that his predecessor used to cloak some of the most sensitive intelligence-gathering programs of the Bush White House. The first signs have come just weeks into the new administration, in a case filed by an Oregon charity [accused] of funding terrorism. President Obama's Justice Department not only sought to dismiss the lawsuit by arguing that it implicated "state secrets," but also escalated the standoff -- proposing that government lawyers might take classified documents from the court's custody to keep the charity's representatives from reviewing them. The suit by the al-Haramain Islamic Foundation has proceeded further than any other in challenging the use of warrantless wiretaps, threatening to expose the inner workings of that program. In his campaign plan to "change Washington," Obama criticized the Bush administration, saying that it had "ignored public disclosure rules" and that it too often invoked the state-secrets privilege. Now, Obama's claim of state secrets has prompted criticism. "There [have] to be other ways to protect secret information without having to block accountability," said Erwin Chemerinsky, a law professor at the University of California at Irvine. He said that "state secrets" has become a sort of "talismanic phrase" uttered by government officials who want to dispose of inconvenient or troubling challenges to their authority.
Note: For many reports from major media sources on government secrecy, click here.
The Internal Revenue Service is not living up to its pledge to crack down on wealthy tax cheats, an IRS watchdog group says, citing a drop in audits of millionaires last year. Those with incomes of $1 million and above had a 5.6 percent chance of getting audited in fiscal year 2008, which ended last September, down from 6.8 percent the previous year, according to IRS figures. The actual number of millionaires audited fell from 23,200 to 21,874; the number of millionaires filing tax returns grew from 339,138 to 392,776. "In the face of growing federal deficits and public calls to lower the tax gap — the amount of taxes due but not reported and paid — the drop in millionaire audits is surprising," said the Syracuse University-based Transactional Records Access Clearinghouse in a report Monday. It said the significant drop in audits of richer Americans contrasted with IRS statements last year that it was making strong progress in enforcement, especially of those with incomes of more than $1 million. The TRAC report said focus on high earner returns is critical because of the huge rewards. Among those millionaire audit cases where additional taxes were recommended, the average was $198,000 after face-to-face audits and $137,000 for audits done through correspondence. In total, the IRS collected $56.4 billion in enforcement revenues last year, down from $59.2 billion in 2007 and the first decline in collections in a decade.
Note: The highly important statistic only mentioned in passing here is "the number of millionaires filing tax returns grew from 339,138 to 392,776." That's an over-15% increase in the number of millionaires in one year, while most everyone else seems to be losing money. Hmmmm. Makes you wonder.
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.