News ArticlesExcerpts of Key News Articles in Major Media
Note: Explore our full index to revealing excerpts of key major media news articles on dozens of engaging topics. And read excerpts from 20 of the most revealing news articles ever published.
Pharmaceutical firms need incentives, including lucrative patents, to keep creating drugs and vaccines against emergent threats such as the H1N1 influenza pandemic, the World Health Organization's head said on Tuesday. "Progress in public health depends on innovation. Some of the greatest strides forward for health have followed the development and introduction of new medicines and vaccines," said WHO Director-General Margaret Chan said. Chan, who last month declared a full pandemic underway from the H1N1 virus, said that patents can help ensure that companies develop medicines to "stay ahead of the development of drug resistance" in diseases like malaria and tuberculosis. The discovery of isolated H1N1 infections that resist the anti-viral Tamiflu, made by Roche and Gilead, and the global scramble to secure flu vaccines have shown the importance of robust research and development, Chan said. "Innovation is needed to keep pace with the emergence of new diseases, including pandemic influenza caused by the new H1N1 virus," she told a meeting on intellectual property and health, a contentious issue that has divided rich and poor nations.
Note: How much more blatant can it get? The WHO is telling us to pump money into the corrupt pharmaceutical corporations, who make huge profits from fear mongering and health disasters. When profit drives the health industry, which do you think comes first, money or public health? For lots more revealing, reliable information on the fear-mongering around swine flu, click here and here.
Noor Habib's hands shake as he draws a picture of how he says he was abused. He claims that he was taken to a small, darkened cell where his arms were tied to the ceiling and he was made to stand in waist-deep water for six hours at a time. He says he was beaten, threatened with dogs, and deprived of sleep. Habib was an inmate at the Bagram Theater Internment Facility, an American military detention centre outside Kabul. Over a period of more than two months, we tracked down 27 former detainees. There were others, but they were afraid to speak or had been warned not to. Many allegations of ill-treatment appear repeatedly in the interviews; physical abuse, the use of stress positions, excessive heat or cold, unbearably loud noise, being forced to remove clothes in front of female soldiers and in four cases, being threatened with death at gunpoint. All the men who spoke to us were interviewed in isolation and they were all asked the same questions. They were held at times between 2002 and 2008 and they were all accused of belonging to or helping al-Qaeda or the Taliban. None of the inmates were charged with any offence or put on trial. The camp has held thousands of people over the last eight years. Most of the inmates are Afghans but some were captured abroad and brought here under a process known as "extraordinary rendition", including at least two Britons. The Obama administration says they are dangerous men and it classifies them as "terrorist suspects" and "enemy combatants" rather than "prisoners of war". It is a legal classification that critics say deliberately denies inmates access to lawyers or the right to appeal or even complain about their treatment.
Note: For more revelations from reliable, verifiable sources of the horrific abuses carried out under US direction at secret prisons worldwide, click here.
Costa Rica is the happiest place in the world, according to an independent research group in Britain with the goal of building a new economy, "centered on people and the environment." Costa Rica is known for its lush rain forests and pristine beaches. In a report released [on July 4], the group ranks nations using the "Happy Planet Index," which seeks countries with the most content people. In addition to happiness, the index by the New Economics Foundation considers the ecological footprint and life expectancy of countries. "Costa Ricans report the highest life satisfaction in the world and have the second-highest average life expectancy of the new world (second to Canada)," the organization said in a statement. They "also have an ecological footprint that means that the country only narrowly fails to achieve the goal of ... consuming its fair share of the Earth's natural resources." This year's survey, which looked at 143 countries, featured Latin American nations in nine of the Top 10 spots. The runner-up was the Dominican Republic, followed by Jamaica, Guatemala and Vietnam. Most developed nations lagged in the study. While Britain ranked 74th, the United States snagged the 114th spot, because of its hefty consumption and massive ecological footprint. The United States was greener and happier 20 years ago than it is today, the report said. Other populous nations, such as China and India, had a lower index brought on by their vigorous pursuit of growth-based models, the survey suggested. The report, which was first conducted in 2006, covers 99 percent of the world population.
The acquisition of farmland from the world's poor by rich countries and international corporations is accelerating at an alarming rate, with an area half the size of Europe's farmland targeted in the last six months, reports from UN officials and agriculture experts say. New reports from the UN and analysts in India, Washington and London estimate that at least 30m hectares is being acquired to grow food for countries such as China and the Gulf states who cannot produce enough for their populations. According to the UN, the trend is accelerating and could severely impair the ability of poor countries to feed themselves. Olivier De Schutter, special envoy for food at the UN Office of the High Commissioner for Human Rights, said: "[The trend] is accelerating quickly. All countries observe each other and when one sees others buying land it does the same." Nearly 20m hectares (50m acres) of farmland – an area roughly half the size of all arable land in Europe – has been sold or has been negotiated for sale or lease in the last six months. Around 10m hectares was bought last year. Some of the largest deals include South Korea's acquisition of 700,000ha in Sudan, and Saudi Arabia's purchase of 500,000ha in Tanzania. The Democratic Republic of the Congo expects to shortly conclude an 8m-hectare deal with a group of South African businesses to grow maize and soya beans as well as poultry and dairy farming. India has lent money to 80 companies to buy 350,000ha in Africa. De Schutter said that after the food crisis of 2008, many countries found food imports hit their balance of payments, "so now they want to insure themselves. This is speculation, betting on future prices. What we see now is that countries have lost trust in the international market. We know volatility will increase in the next few years. Land prices will continue to rise."
Note: This important article makes the key point that speculation is driving this "new land grab" or "neo-colonial" activity by nations. After the collapse of the bubble in financial instruments speculative activity by the biggest players is moving into commodities of all kinds, even land in places where it can be bought cheaply and bid up high. For lots more about predatory capital flows from major media sources, click here.
Israeli forces have boarded a ship trying to carry aid and pro-Palestinian activists to the Gaza Strip in defiance of Israel's blockade of the territory. The 20 passengers include former US congresswoman Cynthia McKinney and Nobel Prize winner Mairead Maguire. Ms McKinney described it as "an outrageous violation of international law", as the boat was on a humanitarian mission and was not in Israeli waters. The US-based Free Gaza Movement has breached the blockade five times since August 2008. Two other attempts by the activist group were stopped by Israeli warships during Israel's three-week military offensive in Gaza in December and January. The mission is the latest by the Free Gaza Movement, which has renamed the ferry Spirit of Humanity. "This is an outrageous violation of international law against us. Our boat was not in Israeli waters, and we were on a human rights mission to the Gaza Strip," said Ms McKinney in a statement. "President [Barack] Obama just told Israel to let in humanitarian and reconstruction supplies, and that's exactly what we tried to do. We're asking the international community to demand our release so we can resume our journey." On Monday, a report by the International Committee of the Red Cross described the 1.5 million Palestinians living in Gaza as people "trapped in despair", unable to rebuild their lives after Israel's offensive. Donors have pledged $4.5 billion for reconstruction and rehabilitation in Gaza following the 22-day offensive which left more than 50,000 homes, 800 industrial properties and 200 schools damaged or destroyed, as well as 39 mosques and two churches.
Note: A similar boat was rammed by the Israeli military about six months ago. To watch a 3-minute CNN interview on this, click here.
A British man spoke publicly for the first time yesterday to accuse MI5 officers of forcing him to confess to masterminding the July 7 bombings. Jamil Rahman claims UK security officers were behind his arrest in 2005 in Bangladesh. He says he was beaten repeatedly by local officials who also threatened to rape him and his wife. Mr Rahman, who is suing the Home Office, said a pair of MI5 officers who attended his torture and interrogation would leave the room while he was beaten. He claims when he told the pair he had been tortured they merely answered: 'They haven't done a very good job on you.' Mr Rahman told the BBC: 'They threatened my family. They go to me, "In the UK, gas leaks happen, if your family house had a gas leak and everyone got burnt, there's no problems, we can do that easily".' He says he eventually made a false confession of involvement in the July 7 bomb plots. The extraordinary allegations will add to pressure on UK ministers to come clean over the way Britain's intelligence agencies have been allowed to gather evidence around the world in the eight years since the September 11 attacks. Jamil Rahman, a former civil servant from south Wales, is a British citizen who moved to Bangladesh in 2005 and married a woman he met there. He returned to the UK last year. He said: 'It was all to do with the British. Jamil Rahman is one of a number of former detainees who accuse the British Government colluded in their torture abroad. His account echoes that of former Guantanamo Bay detainee Binyam Mohamed, who said he was tortured in Pakistan and Morocco with MI5's knowledge. The 30-year-old Ethiopian says he was beaten and deprived of sleep to try to make him confess to an Al Qaeda 'dirty bomb' plot, and his treatment is now the subject of an unprecedented police investigation into MI5's conduct.
Note: For lots more on the hidden strategies used to maintain the "war on terror", click here.
David F. Wherley Jr., the head of the Washington National Guard who scrambled jets over the city during the 9/11 terrorist attacks, was among those killed in the worst commuter train crash in the city’s history, officials said. Wherley’s wife, Ann, was also among the nine people killed when a train plowed into the rear of a stopped train during rush hour on June 22, Quintin Peterson, a spokesman for the Metropolitan Police Department, said in a telephone interview. Both were 62 and lived in southeast Washington. Wherley was commander of the 113th Fighter Wing at Andrews Air Force base in Maryland during the September 2001 terrorist attacks and sent up aircraft with orders to protect the White House and the Capitol, according to the 9/11 Commission report. He commanded the District of Columbia National Guard from 2003 to 2008, the unit said in a statement. Wherley flew T-38 training jets and F-105 Thunderchief and F-4 Phantom combat jets during a military career that began in 1969, according to the guard’s statement. It said he earned a bachelor’s degree in economics from Fordham University in New York City in 1969, and a master’s in business administration from the University of Maryland in 1977.
Note: Could there be something more than a mere accident behind the death of the commander of the air defense forces over Washington DC on 9/11? Many questions continue to swirl concerning what was in the air over the city that morning, what was launched by Gen. Wherley and when, and why no interception of an attack aircraft approaching the Pentagon occurred. He knew more than the public does about what really took place in those crucial hours, but he will now not be available for questioning should a real investigation into the 9/11 attacks take place. For lots more on the suspicions that surround the official explanation and calls by highly respected citizens for just such an investigation, click here and here.
These days, every skin lotion and dish detergent on store shelves gloats about how green it is. How do shoppers know which are good for them and good for the earth? It was a similar question that hit Dara O’Rourke, a professor of environmental and labor policy at the University of California, Berkeley, one morning when he was applying sunscreen to his young daughter’s face. He realized he did not know what was in the lotion. He went to his office and quickly discovered that it contained a carcinogen activated by sunlight. It also contained an endocrine disruptor and two skin irritants. He also discovered that her soap included a kind of dioxane, a carcinogen, and then found that one of her brand-name toys was made with lead. And in looking for the answer, he hatched the idea for a company that used his esoteric research on supply chain management. “All I do is study this, and I know nothing about the products I’m bringing into our house and putting in, on and around our family,” Mr. O’Rourke said. But when he wanted to find that information, he could. Most consumers would struggle to do so. Hence GoodGuide, a Web site and iPhone application that lets consumers dig past the package’s marketing spiel by entering a product’s name and discovering its health, environmental and social impacts. GoodGuide’s office, in San Francisco, has 12 full-time and 12 part-time employees, half scientists and half engineers. They have scored 75,000 products with data from nearly 200 sources, including government databases, studies by nonprofits and academics, and the research by scientists on the GoodGuide staff.
Note: Check out this excellent means of finding what is in the products you use.
In its attempts to quash weapons of mass destruction, the Pentagon has been trying novel ways to track down dangerous materiel. For years, DARPA [the Defense Advanced Research Projects Agency] has been trying to train insects and bugs to sniff out toxic substances, providing more sensitive detection, as well as access that conventional sensors might not have. The newest twist on this concept is a plan to link up armies of the cyborg bugs in a peer-to-peer, or insect-to-insect, network that will allow them to communicate with each other and with their human masters. This next approach will implant insects with a chip that reads certain muscle twitches, which correspond to the presence of certain chemicals. The chips will then modify the chirps of insects like cicadas or crickets into an electronic signal that could be transmitted to other chipped insects in the area. Information about detected weaponized chemicals could bounce around this mobile insect network, and then be picked up by humans. The idea of creating a decentralized communication network between free-roaming insects could radically increase the bugs' range of detection.
Note: For a video and more on this, see the New Scientist article at this link.
"New World Order," which premieres today on the Independent Film Channel, is a film about ... volunteers in an "information war" who see ... that 9/11 was an "inside job," that the military-industrial complex killed Kennedy, and that an international "power elite" is plotting to enslave us all, excepting for those it will kill outright. They are hard to pigeonhole politically, these conspiracy adepts, trusting neither the "socialist Democrats" nor the "fascist Republicans" -- Ron Paul seems to be their man, if anyone is -- yet sounding as often like '60s leftist radicals as right-wing militiamen. They take the 1st Amendment as seriously as any card-carrying member of the ACLU, styling themselves muckrakers and speakers of truth to power, often through a bullhorn. The man with the biggest bullhorn is Alex Jones, an Austin, Texas-based syndicated radio host ... and the point through which all the strands connect in this unexpectedly affecting, nonjudgmental documentary by Luke Meyer and Andrew Neel. Much of what Jones and his fellows and followers believe is, in a general way, hardly controversial. But whether 9/11 was a plot to bring on world government, or whether the government you already have has painted a red or blue dot on your mailbox to indicate whether you will be shot immediately or merely be sent to the "FEMA camps" when the American Armageddon arrives, well, that's a pale horse of a different color. (Still, you'll want to check your mailbox now.) "This is more important than how much Britney Spears' hair sold for on EBay, 'Dancing With the Stars' or who's gonna be America's next idol," says one believer. "People think this is a joke. We're not a joke."
Note: The disparaging tone of this review of the documentary is typical of mainstream media treatment of 9/11 truth activity, but it makes clear that the film itself does not share this attitude.
Everything you know about Iran is wrong, or at least more complicated than you think. Take the bomb. The regime wants to be a nuclear power but could well be happy with a peaceful civilian program. Over the last five years, senior Iranian officials at every level have repeatedly asserted that they do not intend to build nuclear weapons. President Mahmoud Ahmadinejad has quoted the regime's founding father, Ayatollah Ruhollah Khomeini, who asserted that such weapons were "un-Islamic." The country's Supreme Leader, Ayatollah Ali Khamenei, issued a fatwa in 2004 describing the use of nuclear weapons as immoral. In a subsequent sermon, he declared that "developing, producing or stockpiling nuclear weapons is forbidden under Islam." Last year Khamenei reiterated all these points after meeting with the head of the International Atomic Energy Agency, Mohamed ElBaradei. Now, of course, they could all be lying. But it seems odd for a regime that derives its legitimacy from its fidelity to Islam to declare constantly that these weapons are un-Islamic if it intends to develop them. It would be far shrewder to stop reminding people of Khomeini's statements and stop issuing new fatwas against nukes. Following a civilian nuclear strategy has big benefits. The country would remain within international law, simply asserting its rights under the Nuclear Non-Proliferation Treaty, a position that has much support across the world. That would make comprehensive sanctions against Iran impossible. And if Tehran's aim is to expand its regional influence, it doesn't need a bomb to do so.
In late 2007, there was the first crack of daylight into the government’s use of waterboarding during interrogations of Al Qaeda detainees. On Dec. 10, John Kiriakou, a former C.I.A. officer who had participated in the capture of the suspected terrorist Abu Zubaydah in Pakistan in 2002, appeared on ABC News to say that while he considered waterboarding a form of torture, the technique worked and yielded results very quickly. Mr. Zubaydah started to cooperate after being waterboarded for “probably 30, 35 seconds,” Mr. Kiriakou told the ABC reporter Brian Ross. “From that day on he answered every question.” His claims — unverified at the time, but repeated by dozens of broadcasts, blogs and newspapers — have been sharply contradicted by a newly declassified Justice Department memo that said waterboarding had been used on Mr. Zubaydah “at least 83 times.” Some critics say that the now-discredited information shared by Mr. Kiriakou and other sources heightened the public perception of waterboarding as an effective interrogation technique. “I think it was sanitized by the way it was described” in press accounts, said John Sifton, a former lawyer for Human Rights Watch. On “World News,” ABC included only a caveat that Mr. Kiriakou himself “never carried out any of the waterboarding.” Still, he told ABC that the actions had “disrupted a number of attacks, maybe dozens of attacks.” A video of the interview was no longer on ABC's website.
Note: For the transcript of the original ABC interview of John Kiriakou, click here. To watch a video of the interview which ABC News removed from its website, click here.
American authorities reportedly refused an Air France flight from Paris to Mexico entry into US airspace because a left-wing journalist writing a book on the CIA was on board. Hernando Calvo Ospina, who works for Le Monde Diplomatique and has written on revolutionary movements in Cuba and Colombia , figured on the US authorities' "no-fly list". A spokesman for Mr Ospina's French publisher, Le Temps des Cerises, said: "Hernando, who was heading to Nicaragua to research a report, thus found out that he is on a 'no-fly list' that bans a number of people from flying to or even over the United States." Some 50,000 people are said to be on the list set up under George W. Bush, the former US president. The publisher accused the Central Intelligence Agency of being behind Mr Ospina's blacklisting, pointing out that the journalist was currently researching a book about the spy agency. "It shows to what degree its paranoia (has reached)," it said. Critics claim that [the list] has been abusively extended to peaceful critics of US policy.
Note: For many disturbing reports from major media sources on the increasing threats to civil liberties under the pretext of the "war on terrorism," click here.
One famous aria after another: the operatic hit parade began as the bus pulled away from the depot, empty. “La donna č mobile” from Verdi’s “Rigoletto” was followed, somewhere on the West Side Highway, by “Nessun dorma” from Puccini’s “Turandot.” The A’s and that high B at the end were thrilling. And then the bus turned onto Clarkson Street, on the way to the first stop on the M8 line. “This is difficult sitting down,” said the driver, Christopher G. Dolan, 51. “You got to be standing up.” Mr. Dolan ... has been a New York City driver for 27 years, starting in the Bronx and then transferring to Manhattan. You never know whom you will meet on a bus — he married one of his passengers. “That’s worth my $2,” said Elaine Smalls, who boarded at Eighth Street and Avenue C. He started as a baritone. On the job one day in 2002 — he was on the M10 then — he picked up a passenger on Eighth Avenue whom he recognized as Vincent La Selva, the artistic director of the New York Grand Opera. “I called him over, which surprised him, being recognized on the bus, and I said, ‘What does somebody have to do to get an audition with you?’ He handed me his card and said, ‘Give me a call.’ ” Mr. Dolan did, and soon he was in Mr. La Selva’s studio, plowing through aria after aria. He remembers what Mr. La Selva told him when he finished: “I love your voice, but you’re not a baritone. Go home and learn to be a tenor and come back.” Mr. Dolan did as he was told: he worked on getting his voice up to a higher tessitura.
Note: To watch a short video of Mr. Dolan singing while driving his bus, click here. For a video of a short recital off the bus, click here.
Competing mind-over-matter toys from Mattel and Uncle Milton Industries are coming this fall to a store near you. They are the first "brain-computer interfaces" to enter the consumer mainstream. NeuroSky is in the forefront of turning brain-computer interfaces into cheap, ubiquitous consumer items. It's selling brain-reading hardware and software headsets to all comers -- including Christmas competitors like Mattel's $80 Mindflex and Uncle Milton's $130 Force Trainer, both of which involve levitating a ping-pong-like ball. NeuroSky has its sights set on providing brain-wave sensors for the automotive, health-care and education industries. The prospect for mind controlling matter dates to 1875, when Richard Caton discovered that you could peer into the workings of the brain by detecting its electrical impulses. In 1929 came the first electroencephalograph -- the EEG machine. But hospital EEG machines are expensive, enormous and not good at fine control; plus you have to smear conductive goop on your head -- not a great selling point. Thus, NeuroSky's adaptation is no small thing. They get a single dry sensor to read your bare forehead, no goop, no holes drilled through the skull. They get the device to focus on the correct signals from that extremely noisy brain area, filtering out everything else -- that's their big trick. "It's like being at a crowded party, and picking out one quiet conversation," says Liu. Then they make it small, light and cheap, and deliver it to market.
Note: Don't miss the astonishing video demonstration on the Post website. And remember that the military is generally at least 10 years ahead of industry in any new technologies like this.
Annie Leonard, named one of Time magazine's 2008 Environmental Heroes, knows better than most: It's not so easy living green. Leonard created and narrates the international Web documentary phenomenon "Story of Stuff," which summarizes her 20 years of global sleuthing: tracking the source of the stuff we buy and the fate of the stuff we throw away. This lively animated film makes the point that if everyone on Earth consumed at U.S. levels, we would need five planets. Leading by example, Leonard shows how simple steps and a little patience can help people create environmentally friendly, energy-efficient, stuff-free lives. In her cozy Berkeley home, the first clue sits in her driveway: A blue ZENN, or zero emission no noise, electric vehicle. The car is a NEV, or neighborhood electric vehicle, which is a U.S. Department of Transportation classification for speed-limited battery electric vehicles. The car quietly sucks sun power from solar panels on Leonard's roof and only goes 25 mph, which is just fine with her. "I am always racing around, and this forces me to move at a slower pace. I need any help I can get to do that." Leonard didn't go solar just to charge her car. She says she did it to save mountaintops in Appalachia. "ILoveMountains.org uses Google Earth technology to show coal mine destruction of mountains - the environmental and social devastation. It's really intense. You type in your ZIP code and see the lines of power plants supplying your house. There is mountaintop-removal coal going into my grid. I don't want any part of that."
Note: To watch the powerful 20-minute video "The Story of Stuff", click here.
Yesterday was a great day for the people of Appalachia and for all of America. In a bold departure from Bush-era energy policy, the Obama administration suspended a coal company's permit to dump debris from its proposed mountaintop mining operation into a West Virginia valley and stream. In addition, the administration promised to carefully review upward of 200 such permits awaiting approval by the U.S. Army Corps of Engineers. Mountaintop-removal coal mining is the greatest environmental tragedy ever to befall our nation. This radical form of strip mining has already flattened the tops of 500 mountains, buried 2,000 miles of streams, devastated our country's oldest and most diverse temperate forests, and blighted landscapes famous for their history and beauty. Using giant earthmovers and millions of tons of explosives, coal moguls have eviscerated communities, destroyed homes, and uprooted and sickened families with coal and rock dust, and with blasting, flooding and poisoned water, all while providing far fewer jobs than does traditional underground mining. The Corps has been working overtime to oblige impatient coal barons by quickly issuing the pending permits. Each such permit amounts to a death sentence for streams, mountains and communities. Taken together, these pending permits threatened to lay waste to nearly 60,000 acres of mountain landscape, destroy 400 valleys and bury more than 200 miles of streams. The Corps already had issued a dozen permits before the White House stepped in.
When [Claudette Colvin] was 15, she refused to move to the back of the bus and give up her seat to a white person — nine months before Rosa Parks did the very same thing. Most people know about Parks and the Montgomery, Ala., bus boycott that began in 1955, but few know that ... Colvin was the first to really challenge the law. She remembers taking the bus home from high school on March 2, 1955. The bus driver ordered her to get up and she refused, saying she'd paid her fare. Two police officers put her in handcuffs and arrested her. Now her story is the subject of a new book, Claudette Colvin: Twice Toward Justice. Author Phil Hoose says that ... there was this teenager, nine months before Rosa Parks, "in the same city, in the same bus system, with very tough consequences, hauled off the bus, handcuffed, jailed and nobody really knew about it." He also believes Colvin is important because she challenged the law in ... the court case that successfully overturned bus segregation laws in Montgomery and Alabama. People may think that Parks' action was spontaneous, but black civic leaders had been thinking about what to do about the Montgomery buses for years. The stories of Parks and the Rev. Martin Luther King Jr. are ... the stories of people in their 30s and 40s. Colvin was 15. Hoose feels his book will bring a fresh teen's perspective to the struggle to end segregation.
Note: For more along these lines, see concise summaries of deeply revealing civil liberties articles from reliable major media sources.
[Pulitzer prize winning] investigative reporter Seymour Hersh may have made a little more news than he intended by talking about new alleged instances of domestic spying by the CIA, and about an ongoing covert military operation that he called an “executive assassination ring.” [In reply to a question, Hersh said] "After 9/11 ... the Central Intelligence Agency was very deeply involved in domestic activities against people they thought to be enemies of the state, without any legal authority for it. Today, there was a story in the New York Times that ... mentioned something known as the Joint Special Operations Command -- JSOC it’s called. They reported directly to the Cheney office. They did not report to the chairman of the joint chiefs of staff or to Mr. [Robert] Gates, the secretary of defense. They reported directly to [Cheney]. ... Congress has no oversight of it. It’s an executive assassination ring essentially, and it’s been going on and on. They’ve been going into countries, not talking to the ambassador or the CIA station chief, and finding people on a list and executing them and leaving. That’s been going on, in the name of all of us." He added that both the press and the public let down their guard in the aftermath of 9/11. “The major newspapers joined the [Bush] team,” Hersh said. Top editors passed the message to investigative reporters not to “pick holes” in what Bush was doing.
Note: For further revelations of the excesses committed in the name of the "war on terror", click here.
A silent $1 trillion "Run on Britain" by foreign investors was revealed yesterday in the latest statistical releases from the Bank of England. The external liabilities of banks operating in the UK – that is monies held in the UK on behalf of foreign investors – fell by $1 trillion (Ł700bn) between the spring and the end of 2008, representing a huge loss of funds and of confidence in the City of London. Some $597.5bn was lost to the banks in the last quarter of last year alone, after a ... massive $682.5bn haemorrhaged in the second quarter of 2008 – a record. About 15 per cent of the monies held by foreigners in the UK were withdrawn over the period. This is by far the largest withdrawal of foreign funds from the UK in recent decades – about 10 times what might flow out during a "normal" quarter. The revelation will fuel fears that the UK's reputation as a safe place to hold funds is being fatally compromised by the acute crisis in the banking system and a general trend to financial protectionism internationally. The slide in sterling – it has shed a quarter of its value since mid-2007 – has been both cause and effect of the run on London, seemingly becoming a self-fulfilling phenomenon. The danger is that the heavy depreciation of the pound could become a rout if confidence completely evaporates. Paranoia that the UK could follow Iceland into effective national insolvency and jibes about "Reykjavik on Thames" will find an unwelcome substantiation in these statistics.
Note: For many deep revelations of the realities of the world financial crisis from reliable sources, 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.