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.
A 17-year-old boy ... received the Air Force's highest science award in the 1960s. This young man had the audacity and guts to build and test a new and unusual rocket. The boy's name was David Adair, and the engine he built was a nuclear-fusion electromagnetic containment engine. This rocket was tested successfully and had an eventful landing in that land beyond lands that doesn't exist, the famous Area 51. This vehicle had the capability of achieving light speed and, according to the builder, was capable of exceeding light speed with capabilities to propel an interstellar ship to the stars. Where did David Adair, now head of Intersect Inc. in Atlanta, get the design for this engine? As he tells it, directly from NASA. The organization evidently had 18 engine designs, and guess what? Only two were solid- or liquid-propelled rocket engines. This was in the 1960s. I wonder what happened to the rest of those engine types in the past 30 years. I also wonder what type of engines have been and are being tested at the old Rocketdyne facility in the Santa Susana Mountains above Simi Valley. One might ask if the massive class-action lawsuit against Rocketdyne, which alleges contamination of the nuclear type, has any relationship to the engines that were developed and continue to be developed today. If we look at some of these modern concepts and then consider the possibility of extraterrestrial visitation, it doesn't seem quite so impossible.
Note: Don't miss this mind-blowing video of prodigy rocket scientist David Adair describing a most stunning and intriguing encounter with an ET craft in an underground hanger at Area 51. For more along these lines, see concise summaries of deeply revealing news articles on UFOs from reliable major media sources.
The United States has been secretly seeding clouds over North Vietnam, Laos and South Vietnam to increase and control the rainfall for military purposes. Government sources, both civilian and military, said during an extensive series of interviews that the Air Force cloud seeding program has been aimed most recently at hindering movement of North Vietnamese troops and equipment and suppressing enemy antiaircraft missile fire. The disclosure confirmed growing speculation in Congressional and scientific circles about the use of weather modification in Southeast Asia. Despite years of experiments with rainmaking in the United States and elsewhere, scientists are not sure they understand its long term effect on the ecology of a region. The weather manipulation in Indochina, which was first tried in South Vietnam in 1963, is the first confirmed use of meteorological warfare. One well-informed source said that Navy scientists were responsible for developing a new kind of chemical agent effective in the warm stratus clouds that often shielded many key antiaircraft sites in northern parts of North Vietnam. The chemical, he said, "produced a rain that had an acidic quality to it and it would foul up mechanical equipment–like radars, [and] trucks." "This wasn't originally our planning," the official added, "it was a refinement." Apparently, many Air Force cloud-seeding missions were conducted over North Vietnam and Laos simply to confuse or "attenuate" ... the radar equipment that controls anti aircraft missiles.
Note: Despite potentially grave risks, some are calling for large scale geoengineering to combat climate change. For more along these lines, see concise summaries of deeply revealing news articles on climate change from reliable major media sources.
Earth's wildlife populations have plunged by an average of 69% in just under 50 years, according to a leading scientific assessment, as humans continue to clear forests, consume beyond the limits of the planet and pollute on an industrial scale. From the open ocean to tropical rainforests, the abundance of birds, fish, amphibians and reptiles is in freefall, declining on average by more than two-thirds between 1970 and 2018, according to the WWF and Zoological Society of London's (ZSL) biennial Living Planet Report. Two years ago, the figure stood at 68%, four years ago, it was at 60%. Many scientists believe we are living through the sixth mass extinction – the largest loss of life on Earth since the time of the dinosaurs – and that it is being driven by humans. The Living Planet Index combines global analysis of 32,000 populations of 5,230 animal species to measure changes in the abundance of wildlife across continents and taxa, producing a graph akin to a stock index of life on Earth. Latin America and the Caribbean region – including the Amazon – has seen the steepest decline in average wildlife population size, with a 94% drop in 48 years. Land use change is still the most important driver of biodiversity loss across the planet, according to the report. Mike Barrett, executive director of science and conservation at WWF-UK, said: "At a global level, primarily the declines we are seeing are driven by the loss and fragmentation of habitat driven by the global agricultural system and its expansion into intact habitat."
Note: For more along these lines, see concise summaries of deeply revealing news articles on mass animal deaths from reliable major media sources.
The United States remains in a heightened threat environment fueled by several factors, including an online environment filled with false or misleading narratives and conspiracy theories, and other forms of mis- dis- and mal-information (MDM) introduced and/or amplified by foreign and domestic threat actors. These threat actors seek to exacerbate societal friction to sow discord and undermine public trust in government institutions to encourage unrest, which could potentially inspire acts of violence. The convergence of the following factors has increased the volatility, unpredictability, and complexity of the threat environment: (1) the proliferation of false or misleading narratives, which sow discord or undermine public trust in U.S. government institutions; (2) continued calls for violence directed at U.S. critical infrastructure; and (3) calls by foreign terrorist organizations for attacks on the United States. COVID-19 mitigation measures–particularly COVID-19 vaccine and mask mandates–have been used by domestic violent extremists to justify violence since 2020 and could continue to inspire these extremists to target government, healthcare, and academic institutions that they associate with those measures. Domestic violent extremists have ... have recently aspired to disrupt U.S. electric and communications critical infrastructure, including by spreading false or misleading narratives about 5G cellular technology.
Note: Since when does questioning how much we trust our government make a person an extremist or terrorist? What ever happened to the first amendment of the U.S. Constitution? Our founding fathers would likely have been declared terrorists by the DHS. So sad... For more along these lines, see concise summaries of deeply revealing news articles on government corruption and the erosion of civil liberties from reliable major media sources.
After raking in enormous profits from its coronavirus vaccine in 2021, the U.S.-based pharmaceutical giant Pfizer has kicked off the new year by hiking the prices of more than 120 of its drugs, resulting in significantly higher costs for patients amid a deadly pandemic. That's according to a new report released Thursday by Patients for Affordable Drugs (P4AD), which found that pharmaceutical companies have raised the prices of 554 medicines this month alone. Pfizer led the way with 125 price hikes to start 2022, leading P4AD to label the company the industry's "poster child for greed." "Due to sales of its Covid-19 vaccine, which is set to be the best-selling drug of all time, Pfizer shattered profit records in 2021. Projected sales for 2022 are $54.5 billion–more than double the previous record for one-year sales for a prescription drug," the report notes. "To put this into perspective, AbbVie's Humira previously held the spot with $19.8 billion in sales, and Pfizer's best-selling product just prior to the pandemic achieved worldwide revenues of $5.8 billion." "Despite this record revenue in 2021," the report continues, "Pfizer began 2022 with price hikes on seven of its 10 best-selling drugs," including its pneumonia vaccine (up 6.9%), a breast cancer medication (up 6.9%), and a treatment for people with cardiovascular disease (up 6%). "These hikes of 5% or 6% can translate into thousands of dollars in higher costs for patients," P4AD notes.
Note: See also a Forbes article asking why physicians aren't challenging outrageous pricing for medical costs. For more along these lines, see concise summaries of deeply revealing news articles on Big Pharma profiteering from reliable major media sources.
For nearly 10 years, Joseph Moore lived a secret double life. At times the U.S. Army veteran donned a white robe and hood as a hit man for the Ku Klux Klan in North Florida. He attended clandestine meetings and participated in cross burnings. He even helped plan the murder of a Black man. However, Moore wore something else during his years in the klan – a wire for the FBI. He recorded his conversations with his fellow klansmen, sometimes even captured video, and shared what he learned with federal agents trying to crack down on white supremacists. [Moore] would help the federal government foil at least two murder plots. He was also an active informant when the FBI exposed klan members working as law enforcement officers in Florida at the city, county and state levels. "The FBI wanted me to gather as much information about these individuals and confirm their identities," Moore said of law enforcement officers who were active members of or working with the klan. "It is more prevalent and consequential than any of them are willing to admit." At klan gatherings, Moore noted license plate numbers and other identifying information of suspected law enforcement officers who were members. Moore said he noted connections between the hate group and law enforcement in Florida and Georgia. He came across dozens of police officers, prison guards, sheriff deputies and other law enforcement officers who were involved with the klan and outlaw motorcycle clubs.
Note: Read more about how white supremacist groups and militias have infiltrated law enforcement agencies. For more along these lines, see concise summaries of deeply revealing news articles on police corruption from reliable major media sources.
https://nypost.com/2021/12/14/facebook-admits-the-truth-fact-checks-are-really-just...
Facebook finally admitted the truth: The "fact checks" that social media use to police what Americans read and watch are just "opinion." That's thanks to a lawsuit brought by celebrated journalist John Stossel, which has exposed the left's supposed battle against "misinformation" as a farce. Stossel posted a pair of videos that touched the third rail of liberal politics – climate change. Neither questioned whether climate change is real, but each talked about other issues, namely forest management and using technology to adapt. Yet the third party that Facebook contracts to review these pieces, Science Feedback, flagged them as "false," or our favorite, "lacking context." Why? Science Feedback didn't like Stossel's "tone." That is, you can't write anything about climate change unless you say it's the worst disaster in the history of humanity and we must spend trillions to fight it. The Post has faced this same gauntlet too many times. In February 2020, we published a column by Steven W. Mosher asking if COVID-19 leaked from the Wuhan Lab. This was labeled "false" by Facebook's fact-checkers. Of course, those supposed "independent" scientific reviewers relied on a group of experts who had a vested interest in dismissing that theory – including EcoHealth, which had funded the Wuhan lab. When Twitter "fact checked" and blocked The Post's stories about Hunter Biden's laptop as "hacked materials," what was the basis? Nothing. It wasn't hacked. Guess they didn't like our tone.
Note: For more along these lines, see concise summaries of deeply revealing news articles on corporate corruption and media manipulation from reliable sources.
On Tuesday, the supreme court issued an order requiring the Biden administration to reinstate the Trump-era policy that required asylum seekers from Central America to stay across the border in Mexico while their claims are adjudicated. On Thursday, the court blocked an extension of the federal emergency ban on evictions, gutting a 1944 law that gave the CDC the authority to implement such measures to curb disease, and endangering the 8m American households that are behind on rent – who now, without federal eviction protection, may face homelessness. Both of these orders last week were issued in the dead of night. Their opinions were truncated, light on the details of their legal reasoning, and unsigned. Vote counts were not issued showing how each justice decided. And despite the enormous legal and human impact that the decisions inflicted, they were the product of rushed, abbreviated proceedings. The court did not receive full briefs on these matters, heard no oral arguments and overrode the normal sequence of appellate proceedings to issue their orders. Welcome to the "shadow docket", the so-called emergency proceedings that now constitute the majority of the supreme court's business. Minimally argued, rarely justified and decided without transparency, shadow docket orders were once a tool the court used to dispense with unremarkable and legally unambiguous matters. The shadow docket's expanded use raises troubling questions – both for transparency, and for the separation of powers.
Note: For more along these lines, see concise summaries of deeply revealing news articles on court system corruption from reliable major media sources.
Human rights activists, journalists and lawyers across the world have been targeted by authoritarian governments using hacking software sold by the Israeli surveillance company NSO Group, according to an investigation into a massive data leak. The investigation by the Guardian and 16 other media organisations suggests widespread and continuing abuse of NSO's hacking spyware, Pegasus. Pegasus is a malware that infects iPhones and Android devices to enable operators of the tool to extract messages, photos and emails, record calls and secretly activate microphones. The leak contains a list of more than 50,000 phone numbers that, it is believed, have been identified as those of people of interest by clients of NSO since 2016. The numbers of more than 180 journalists are listed in the data, including reporters, editors and executives at the Financial Times, CNN, the New York Times, France 24, the Economist, Associated Press and Reuters. The phone number of a freelance Mexican reporter, Cecilio Pineda Birto, was found in the list, apparently of interest to a Mexican client in the weeks leading up to his murder, when his killers were able to locate him at a carwash. He was among at least 25 Mexican journalists apparently selected as candidates for surveillance. The broad array of numbers in the list belonging to people who seemingly have no connection to criminality suggests some NSO clients are breaching their contracts with the company, spying on pro-democracy activists and journalists.
Note: Read more about how NSO Group spyware was used against journalists and activists by the Mexican government. For more along these lines, see concise summaries of deeply revealing news articles on intelligence agency corruption and the disappearance of privacy from reliable major media sources.
As Covid raged, so did the country's other epidemic. Drug overdose deaths rose nearly 30 percent in 2020 to a record 93,000, according to preliminary statistics released Wednesday by the Centers for Disease Control and Prevention. It's the largest single-year increase recorded. The deaths rose in every state but two, South Dakota and New Hampshire, with pronounced increases in the South and West. Several grim records were set: the most drug overdose deaths in a year; the most deaths from opioid overdoses; the most overdose deaths from stimulants like methamphetamine; the most deaths from the deadly class of synthetic opioids known as fentanyls. In recent years, annual drug overdose deaths had already eclipsed the peak yearly deaths from car crashes, gun violence or the AIDS epidemic. The death toll from Covid-19 surpassed 375,000 last year, the largest American mortality event in a century, but drug deaths were experienced disproportionately among the young. In total, the 93,000 deaths cost Americans about 3.5 million years of life, according to a New York Times analysis. By comparison, coronavirus deaths in 2020 were responsible for about 5.5 million years of life. The pandemic itself undoubtedly contributed to the surge in overdose deaths, with disruption to outreach and treatment facilities and increased social isolation. Overdose deaths reached a peak nationally in the spring of 2020, in the midst of the pandemic's most severe period of shutdowns and economic contraction.
Note: This is one of the many, sad but predictable consequences of the lockdown. Note also that the NY Times blames it on the pandemic never once mentioning it was the consequences of the lockdown much more than the pandemic itself that caused these many deaths. For more along these lines, see concise summaries of deeply revealing news articles on the coronavirus and health from reliable major media sources.
Hospitals are charging up to $650 for a simple, molecular covid test that costs $50 or less to run, according to Medicare claims analyzed for KHN by Hospital Pricing Specialists (HPS). Charges by large health systems range from $20 to $1,419 per test, a new national survey by KFF shows. And some free-standing emergency rooms are charging more than $1,000 per test. The insurance company passes on its higher costs to consumers in higher premiums. Gargantuan volume – 400 million tests and counting, for one type – combined with loose rules on prices have made the service a bonanza for hospitals and clinics. Lab companies have been booking record profits by charging $100 per test. Even in-network prices negotiated and paid by insurance companies often run much more than that. In some cases, hospitals and clinics have supplemented revenue from covid tests with extra charges that go far beyond those for a simple swab. Warren Goldstein was surprised when Austin Emergency Center, in Texas, charged him and his wife $494 upfront for two covid tests. He was shocked when the center billed insurance $1,978 for his test, which he expected would cost $100. His insurer paid $325 for "emergency services" for him, even though there was no emergency. "It seemed like highway robbery," said Goldstein. A World Health Organization cost assessment of running 5,000 covid tests on Roche and Abbott analyzers ... came to $17 and $21 per test, respectively.
Note: For more along these lines, see concise summaries of deeply revealing news articles on corporate corruption and the coronavirus from reliable major media sources.
The pharmaceutical industry keeps turning up the dial on lobbying, setting massive new spending records in its intensive effort to influence Congress and the Biden administration. Yet this week, President Biden angered drugmakers when he said he supports the waiving of intellectual property protections for coronavirus vaccines. Drug and health product manufacturers, along with their national association, spent a combined $92 million to lobby the federal government from January through March. That puts the industry on track to break its spending record for the second year in a row. Not only that, but its first-quarter spending was more than double what was spent by the second-highest-spending industry, electronics companies. There are currently 1,270 registered lobbyists for pharmaceuticals and health products – more than two lobbyists for every member of Congress. Pfizer, maker of one of the three coronavirus vaccines approved for emergency use in the United States, was the biggest spender of any individual drug company. And last year, as it was developing its vaccine, the federal government agreed to pay the company $1.95 billion for the first 100 million doses it produced. The company reported it had $3.5 billion in revenue from sales of the vaccine so far this year. Pfizer was outflanked on lobbying spending only by the Pharmaceutical Research and Manufacturers of America – the national association that represents the interests of drugmakers.
Note: For more along these lines, see concise summaries of deeply revealing news articles on Big Pharma corruption and the coronavirus vaccine from reliable major media sources.
By his own assessment, Dick Hoyt wasn't in racing shape the first time his teenage son Rick, a quadriplegic with cerebral palsy, asked if they could participate in a 5-mile fund-raising race – father pushing son in a wheelchair. "I said, 'Yeah, let's go down there and try it.' I had no idea what would happen, and nobody else did, either," Mr. Hoyt later recalled. "Most people expected us to go down to the corner and come back, but we ended up doing the whole thing." From those first racing steps, the two became legends in running circles and inspirational worldwide as they participated in more than 1,000 competitions, including dozens of marathons and multiple triathlons. Mr. Hoyt ... was 80 when he died of heart failure Wednesday. Though Mr. Hoyt and Rick posted a best time of 2:40:47 in the Marine Corps Marathon – a pace many marathoners will never touch running alone – the teaming of father and son was, for both, more important than all else. "When we're out there," Mr. Hoyt told the Globe in 1990, "there's nothing I feel I can't do with Rick." "Dick started this whole movement of duos, and Team Hoyt inspired thousands of people around the world," said longtime Boston Marathon race director Dave McGillivray. "He helped open the door to people believing in themselves, and the walls of intimidation crumbled." Most runners would be too intimidated to even try what Mr. Hoyt did over and over again – push a wheelchair carrying a boy, who became a grown man, up and down hills for 26.2 miles.
Note: Don't miss the profoundly inspiring and beautiful story and video of this dynamic duo available on this webpage. Explore a treasure trove of concise summaries of incredibly inspiring disabled persons news articles.
There are a few reasons why I supported lockdowns at first. Initial data falsely suggested that the infection fatality rate was up to 2-3%, that over 80% of the population would be infected, and modelling suggested repeated lockdowns would be necessary. But emerging data showed that the median infection fatality rate is 0.23%, that the median infection fatality rate in people under 70 years old is 0.05%. In addition, it is likely that in most situations only 20-40% of the population would be infected before ongoing transmission is limited (i.e., herd-immunity). Emerging data has shown a staggering amount of so-called â₏collateral damage' due to the lockdowns. This can be predicted to adversely affect many millions of people globally with food insecurity [82-132 million more people], severe poverty [70 million more people], school closures for children [affecting children's future earning potential and lifespan], and intimate partner violence for millions of women. In high-income countries adverse effects also occur from delayed and interrupted healthcare, unemployment, loneliness, deteriorating mental health ... and more. A formal cost-benefit analysis of different responses to the pandemic was not done by government. Once I became more informed, I realized that lockdowns cause far more harm than they prevent. The costs of lockdowns are at least 10 times higher than the benefits. Lockdowns cause far more harm to population wellbeing than COVID-19 can.
Note: The above was written by Dr. Ari Joffe, a specialist in pediatric infectious diseases at the Stollery Children's Hospital in Edmonton. For more along these lines, see concise summaries of deeply revealing news articles on the coronavirus from reliable major media sources.
Science is being suppressed for political and financial gain. The pandemic has revealed how the medical-political complex can be manipulated in an emergency - a time when it is even more important to safeguard science. The UK's pandemic response provides at least four examples of suppression of science or scientists. First, the membership, research, and deliberations of the Scientific Advisory Group for Emergencies (SAGE) were initially secret until a press leak forced transparency. The leak revealed inappropriate involvement of government advisers in SAGE. Next, a Public Health England report on covid-19 and inequalities ... was delayed by England's Department of Health. Third, on 15 October, the editor of the Lancet complained that an author of a research paper, a UK government scientist, was blocked by the government from speaking to media because of a "difficult political landscape." Now, a new example concerns the controversy over point-of-care antibody testing for covid-19. Research published this week by The BMJ ... finds that the government procured an antibody test that in real world tests falls well short of performance claims made by its manufacturers. Researchers from Public Health England and collaborating institutions sensibly pushed to publish their study findings before the government committed to buying a million of these tests but were blocked by the health department and the prime minister's office.
Note: For more along these lines, see concise summaries of deeply revealing news articles on corruption in science and the coronavirus from reliable major media sources.
At least four candidates are near the finish line in the U.S. coronavirus vaccine race. A key point to note, however, is that the vaccine isn't an end-all solution to the pandemic. That's in large part because any inoculations developed now are focused on simply preventing symptoms from arising, rather than blocking out the virus altogether. The latter goal is a secondary endpoint, according to Dr. Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases. "The primary thing you want to do is that if people get infected, prevent them from getting sick, and if you prevent them from getting sick, you will ultimately prevent them from getting seriously ill," Fauci said. "What I would settle for, and all of my colleagues would settle for, is the primary endpoint to prevent clinically recognizable disease," he said. That level of protection would be the ultimate goal to diffusing the crisis, but is hard to do with companies facing an immediate demand for some sort of solution. While no vaccine is 100% effective, having a majority of the population inoculated and higher percentages of efficacy is the best to hope for. The U.K. is looking at challenge trials, which intentionally infect a smaller group of participants with the virus in an effort to test a vaccine's or treatment's efficacy. Fauci said the U.S. is not anticipating such a move because the rate of spread is so high in the country that it's sufficient enough of an environment to test the vaccine.
Note: This Bloomberg article further shows the vaccines are not designed to stop the virus. Why is the media not doing a better job of informing the public about this. Read also this CNBC article titled "Dr. Fauci says masks, social distancing will still be needed after a Covid-19 vaccine." For more along these lines, see concise summaries of deeply revealing news articles on coronavirus vaccine issues from reliable major media sources.
Almost alone in the Western world, the Swedes refused to impose a coronavirus lockdown last spring, as the country’s leading health officials argued that limited restrictions were sufficient and would better protect against economic collapse. For their part, the Swedes admit to making some mistakes, particularly in nursing homes, where the death toll was staggering. Indeed, comparative analyses show that Sweden’s death rate at the height of the pandemic in the spring far surpassed the rates in neighboring countries and was more protracted. (Others point out that Sweden’s overall death rate is comparable to that of the United States.) Now, though, the question is whether the country’s current low caseload, compared with sharp increases elsewhere, shows that it has found a sustainable balance, something that all Western countries are seeking eight months into the pandemic. With a population of 10.1 million, Sweden averaged just over 200 new cases a day for several weeks. The per capita rate is far lower than nearby Denmark or the Netherlands. Sweden is also doing far better ... than Spain, with 10,000 cases a day, and France, with 12,000. Some experts believe Sweden is now almost fully in control of the virus. “There are indications that the Swedes have gained an element of immunity to the disease, which, together with everything else they are doing to prevent the infection from spreading, is enough to keep the disease down,” Kim Sneppen, professor of biocomplexity at the Niels Bohr Institute ... said.
Note: For the 60 days from Aug. 15 to Oct. 14, Sweden (population 10 million) had a total of 124 coronavirus deaths according to official Johns Hopkins statistics. That's an average of just over two deaths a day with no lockdown or masks required. Compare that to California (population 33 million), which had 5,581 deaths in the same period. That's an average of over 90 deaths a day with lockdown and masks required. For more along these lines, see concise summaries of deeply revealing news articles on the coronavirus from reliable major media sources.
Moderna, Pfizer, AstraZeneca, and Johnson & Johnson are leading candidates for the completion of a Covid-19 vaccine likely to be released in the coming months. These companies have published their vaccine trial protocols. Close inspection of the protocols raises surprising concerns. These trials seem designed to prove their vaccines work, even if the measured effects are minimal. Prevention of infection is not a criterion for success for any of these vaccines. In fact, their endpoints all require confirmed infections and all those they will include in the analysis for success, the only difference being the severity of symptoms between the vaccinated and unvaccinated. Measuring differences amongst only those infected by SARS-CoV-2 underscores the implicit conclusion that the vaccines are not expected to prevent infection, only modify symptoms of those infected. We all expect an effective vaccine to prevent serious illness if infected. Three of the vaccine protocols - Moderna, Pfizer, and AstraZeneca - do not require that their vaccine prevent serious disease only that they prevent moderate symptoms which may be as mild as cough, or headache. A vaccine must significantly or entirely reduce deaths from Covid-19. None list mortality as a critical endpoint.
Note: Read also this article in BMJ (British Medical Journal) titled "Will covid-19 vaccines save lives? Current trials aren't designed to tell us." And this CNBC article is titled "Dr. Fauci says masks, social distancing will still be needed after a Covid-19 vaccine." For more along these lines, see concise summaries of deeply revealing news articles on coronavirus vaccine issues from reliable major media sources.
Global banks faced a fresh scandal about dirty money on Monday as they sought to limit the fallout from a cache of leaked documents showing they transferred more than $2 trillion in suspect funds over nearly two decades. Britain-based HSBC Holdings Plc, Standard Chartered Plc and Barclays Plc, Germany's Deutsche Bank AG and Commerzbank AG, and U.S.-headquartered JPMorgan Chase & Co and Bank of New York Mellon Corp were among the lenders named in the report by the International Consortium of Investigative Journalists and based on leaked documents. The report was based on 2,100 leaked suspicious activity reports (SARs), covering transactions between 1999 and 2017, filed by banks and other financial firms with the U.S. Department of Treasury's Financial Crimes Enforcement Network (FinCEN). Banks are required to file an SAR whenever handling funds that cause grounds for suspicion of criminal activity. The reports revealed broader problems with the monitoring system at the heart of global policing of money laundering and other criminal activity. Investors worried about the potential fallout for global banks, many of which have faced hefty fines in the past for lapses in controls and spent billions of dollars to bolster compliance. "It confirms what we already knew: that there are huge amounts of SARs being filed with relatively low numbers of cases brought through to prosecution,” said Etelka Bogardi, a Hong Kong-based financial services partner at Norton Rose Fulbright. "It also brings out the point that managing financial crime risk goes beyond making SARs," Bogardi said.
Note: The original ICIJ report is titled “Global banks defy U.S. crackdowns by serving oligarchs, criminals and terrorists.” Compare with the title of the New York Times article on this, “Banks Suspected Illegal Activity, but Processed Big Transactions Anyway.” A search on this topic shows that headlines of almost all major media have watered this down, likely to not upset the big banks. For more along these lines, see concise summaries of deeply revealing news articles on financial industry corruption from reliable major media sources.
White supremacist groups have infiltrated US law enforcement agencies in every region of the country over the last two decades. In a timely new analysis, Michael German, a former FBI special agent who has written extensively on the ways that US law enforcement have failed to respond to far-right domestic terror threats, concludes that US law enforcement officials have been tied to racist militant activities in more than a dozen states since 2000, and hundreds of police officers have been caught posting racist and bigoted social media content. Police links to militias and white supremacist groups have been uncovered in states including Alabama, California, Connecticut, Florida, Illinois, Louisiana, Michigan, Nebraska, Oklahoma, Oregon, Texas, Virginia, Washington and West Virginia. Police in Sacramento, California, in 2018 worked with neo-Nazis to pursue charges against anti-racist activists. This week, police in Kenosha, Wisconsin, faced intense scrutiny over their response to armed white men and militia groups gathered in the city amid demonstrations by Black Lives Matter activists and others over the police shooting of Jacob Blake. Kyle Rittenhouse, a 17-year-old who appeared to consider himself a militia member ... was arrested on suspicion of murder after the fatal shooting of two protesters. Activists in Kenosha say police there have responded aggressively and violently to Black Lives Matter demonstrators, while doing little to stop armed white vigilantes.
Note: Read how law enforcement prioritizes investigations of peaceful activists over investigations of violent white supremacist groups. For more along these lines, see concise summaries of deeply revealing news articles on police corruption from reliable major media sources.
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.