US plans to 'fight the net' revealed
2006-01-27, BBC News
http://news.bbc.co.uk/1/hi/world/americas/4655196.stm

A newly declassified document gives a fascinating glimpse into the US military's plans for "information operations". The declassified document is called "Information Operations Roadmap". It was obtained by the National Security Archive at George Washington University using the Freedom of Information Act. Officials in the Pentagon wrote it in 2003. The Secretary of Defense, Donald Rumsfeld, signed it. The operations described in the document include a surprising range of military activities: public affairs officers who brief journalists, psychological operations troops who try to manipulate the thoughts and beliefs of an enemy, computer network attack specialists who seek to destroy enemy networks. The military's psychological operations, or Psyops, is finding its way onto the computer and television screens of ordinary Americans. "Psyops messages will often be replayed by the news media for much larger audiences, including the American public. Strategy should be based on the premise that the Department [of Defense] will 'fight the net' as it would an enemy weapons system," it reads. The document recommends that the United States should seek the ability to "provide maximum control of the entire electromagnetic spectrum". US forces should be able to "disrupt or destroy the full spectrum of globally emerging communications systems, sensors, and weapons systems dependent on the electromagnetic spectrum". The fact that the "Information Operations Roadmap" is approved by the Secretary of Defense suggests that these plans are taken very seriously indeed in the Pentagon.

The War On Waste
2002-01-29, CBS News
http://www.cbsnews.com/stories/2002/01/29/eveningnews/main325985.shtml

On Sept. 10 [2001], Secretary of Defense Donald Rumsfeld declared war. Not on foreign terrorists, "the adversary's closer to home. It's the Pentagon bureaucracy." He said money wasted by the military poses a serious threat. Rumsfeld promised change but the next day—Sept. 11—the world changed and in the rush to fund the war on terrorism, the war on waste seems to have been forgotten. Just last week President Bush announced, "my 2003 budget calls for more than $48 billion in new defense spending." More money for the Pentagon ... while its own auditors admit the military cannot account for 25 percent of what it spends. "According to some estimates we cannot track $2.3 trillion in transactions," Rumsfeld admitted. $2.3 trillion—that's $8,000 for every man, woman and child in America. A former Marine turned whistle-blower is risking his job by speaking out ... about the millions he noticed were missing from one defense agency's balance sheets. Jim Minnery, Defense Finance and Accounting Service ... tried to follow the money trail, even crisscrossing the country looking for records. "The director looked at me and said 'Why do you care about this stuff?' It took me aback. My supervisor asking me why I care about doing a good job," said Minnery. He was reassigned and says officials then covered up the problem. The Pentagon's Inspector General "partially substantiated" several of Minnery's allegations.

Note: To see the CBS video clip of this shocking admission, click here. For another key clip, click here. For other media articles revealing major corruption, click here. Even though originally not reported because of the trauma of 9/11, why wasn't this news broadcast far and wide later? Why isn't it making media headlines now?

Inside the secretive Bilderberg Group
2005-09-29, BBC News
http://news.bbc.co.uk/1/hi/world/americas/4290944.stm

How much influence do private networks of the rich and powerful have on government policies and international relations? One group, the Bilderberg, has often attracted speculation that it forms a shadowy global government. Every year since 1954 [they have brought] together about 120 leading business people and politicians. At this year's meeting in Germany, the audience included the heads of the World Bank and European Central Bank, Chairmen or Chief Executives from Nokia, BP, Unilever, DaimlerChrysler and Pepsi ... editors from five major newspapers, members of parliament, ministers, European commissioners ... and the queen of the Netherlands. The chairman ... is 73-year-old Viscount Etienne Davignon. In an extremely rare interview, he played down the importance of Bilderberg. "I don't think (we are) a global ruling class because I don't think a global ruling class exists." Will Hutton ... who attended a Bilderberg meeting in 1997, says people take part in these networks in order to influence the way the world works, to create what he calls "the international common sense". And that "common sense" is one which supports the interests of Bilderberg's main participants. For Bilderberg's critics the fact that there is almost no publicity about the annual meetings is proof that they are up to no good. Bilderberg meetings often feature future political leaders shortly before they become household names. Bill Clinton went in 1991 while still governor of Arkansas, Tony Blair was there two years later while still an opposition MP. All the recent presidents of the European Commission attended Bilderberg meetings before they were appointed. Informal and private networks like Bilderberg have helped to oil the wheels of global politics and globalisation for the past half a century.

Note: Why is this meeting of top world leaders kept so secret? Why is there no website? Why, until a few years ago, was there virtually no reporting on this influential group in the major media? (Note that the alternative media has had some good articles and a Google search can be highly informative) For lots more reliable information on powerful, secret groups like this, click here.

U.S. Military Wanted to Provoke War With Cuba
2001-05-01, ABC News
http://abcnews.go.com/US/story?id=92662

In the early 1960s, America's top military leaders reportedly drafted plans to kill innocent people and commit acts of terrorism in U.S. cities to create public support for a war against Cuba. Code named Operation Northwoods, the plans reportedly included the possible assassination of Cuban émigrés, sinking boats of Cuban refugees on the high seas, hijacking planes, blowing up a U.S. ship, and even orchestrating violent terrorism in U.S. cities. The plans were developed as ways to trick the American public and the international community into supporting a war to oust Cuba's ... Fidel Castro. America's top military brass even contemplated causing U.S. military casualties, writing: "We could blow up a U.S. ship in Guantanamo Bay and blame Cuba," and, "casualty lists in U.S. newspapers would cause a helpful wave of national indignation." The plans had the written approval of all of the Joint Chiefs of Staff and were presented to President Kennedy's defense secretary, Robert McNamara, in March 1962. But they apparently were rejected by the civilian leadership and have gone undisclosed for nearly 40 years. The Joint Chiefs even proposed using the potential death of astronaut John Glenn during the first attempt to put an American into orbit as a false pretext for war with Cuba. Should the rocket explode and kill Glenn, they wrote, "the objective is to provide irrevocable proof … that the fault lies with the Communists." The scary thing is none of this stuff comes out until 40 years after.

Note: Many military and political leaders tend to look at the world as a chess board. Sacrificing pawns (innocent civilians) is sometimes necessary to capture the queen. Is it beyond comprehension that this might have been the case with 9/11? And why was ABC the only major news source to report this highly revealing story? To read the shocking declassified documents, click here.

Roswell Truth Debated
2008-07-04, CNN Larry King Live
http://transcripts.cnn.com/TRANSCRIPTS/0807/04/lkl.01.html

LARRY KING: On July 8th, 1947, Colonel William H. Blanchard, commanding officer of the 509th Bomb Group at Roswell Army Air Field released a press statement that a flying saucer had crashed ... and that the Army had recovered the disk within hours. A second press release was issued claiming that it was nothing more than a weather balloon. Carlene Green['s] father was stationed [there]. GREEN: He said, "Don't let anybody tell you that the incident at Roswell did not happen. I was there. I saw the spacecraft." They were told, don't talk about it. SCHMITT: [They] threatened physical violence if they should ever talk about this. KING: Frankie Rowe. Her father was a fireman in Roswell. [He] reported to his family that in addition to a crashed saucer, he saw two full body bags and one living little person. ROWE: He said that they tried to help it. KING: We are now joined by ... Dr. Edgar Mitchell, the Apollo XIV astronaut, sixth man to walk on the moon. MITCHELL: All of my experience comes from what I call the old timers. Because I lived in the area ... and because I was an astronaut, some of them wanted to get it off their chest before they passed on. I eventually went to the Pentagon and asked for a meeting with the Intelligence Committee of the Joint Chiefs of Staff. A vice admiral said ... I don't know about that but I'm going to find out. [He] called a few weeks later and said he had found the source of the black budget funding for this project and that he was going to subsequently investigate. [Yet he was later] told, I'm sorry, admiral, you do not have need to know here. We knew many of the people, including the ranch where this was discovered, and in spite of all of the security oaths, etc, the talk in the community was ... that it was an alien craft.

Note: For a five-minute clip of this CNN report, click here. For more detailed, fascinating testimony on the existence of UFOs from Dr. Edgar Mithcell, the sixth man to walk on the moon, click here. For our resource-filled UFO Information Center, click here.

Skull And Bones
2004-06-13, CBS News
http://www.cbsnews.com/stories/2003/10/02/60minutes/main576332.shtml

As opposite as George Bush and John Kerry may seem to be, they do share a common secret - one they've shared for decades. The secret: details of their membership in Skull and Bones, the elite Yale University society whose members include some of the most powerful men of the 20th century. Bonesmen, as they're called, are forbidden to reveal what goes on in their inner sanctum. Bones has included presidents, cabinet officers, spies, Supreme Court justices, [and] captains of industry. They'd responded to questions with utter silence until an enterprising Yale graduate, Alexandra Robbins, managed to penetrate the wall of silence in her book, Secrets of the Tomb. "I spoke with about 100 members of Skull and Bones. They were members who were tired of the secrecy,” says Robbins. “But probably twice that number hung up on me, harassed me, or threatened me.” Skull and Bones, with all its ritual and macabre relics, was founded in 1832. Since then, it has chosen or "tapped" only 15 senior students a year who become ... lifetime members of the ultimate old boys' club. A lot of Bonesmen have gone on to positions of great power. President Bush ... tapped five fellow Bonesmen to join his administration. Bonesmen have [included] William Howard Taft, the 27th President; Henry Luce, the founder of Time Magazine; and W. Averell Harriman, the diplomat and confidant of U.S. presidents. Mr. Bush, like his father and grandfather before him, has refused to talk openly about Skull and Bones. But as a Bonesman, he was required to reveal his innermost secrets to his fellow Bones initiates. They're supposed to recount their entire sexual histories in ... a dimly-lit cozy room.

Connections And Then Some
2004-03-14, Washington Post
http://www.washingtonpost.com/ac2/wp-dyn?pagename=article&node=&contentId=A25...

The Carlyle Group [is] an investment house famous as one of the most well-connected companies anywhere. Former president George H.W. Bush is a Carlyle adviser. Former British prime minister John Major heads its European arm. Former secretary of state James Baker is senior counselor, former White House budget chief Richard Darman is a partner, former SEC chairman Arthur Levitt is senior adviser -- the list goes on. Those associations have brought Carlyle enormous success. The Washington-based merchant bank controls nearly $14 billion in investments, making it the largest private equity manager in the world. It buys and sells whole companies the way some firms trade shares of stock. But the connections also have cost Carlyle. It has developed a reputation as the CIA of the business world -- omnipresent, powerful, a little sinister. Media outlets from the Village Voice to BusinessWeek have depicted Carlyle as manipulating the levers of government from shadowy back rooms. Congresswoman Cynthia McKinney (D-Ga.) even suggested that Carlyle's and Bush's ties to the Middle East made them somehow complicitous in the Sept. 11 terror attacks. It didn't help that as the World Trade Center burned on Sept. 11, 2001, the news interrupted a Carlyle business conference at the Ritz-Carlton Hotel here attended by a brother of Osama bin Laden. Former president Bush, a fellow investor, had been with him at the conference the previous day. Bush['s] primary function is to give speeches for Carlyle that attract wealthy foreigners in places where the former president is especially revered, such as Asia. The company has rewarded its faithful with a 36 percent average annual rate of return.

Note: If the above link fails, click here. To understand the amazingly powerful role of this low-profile, yet extremely wealthy and influential group, click here to view free a 48-minute documentary shown on Dutch national TV which clearly depicts the depths of corruption and deceit at the highest levels of government. You will be thankful that you watched this highly educational film.

When Seeing and Hearing Isn't Believing
2000-02-28, Washington Post
http://www.washingtonpost.com/wp-srv/national/dotmil/arkin020199.htm

"Gentlemen! We have called you together to inform you that we are going to overthrow the United States government." So begins a statement being delivered by Gen. Carl W. Steiner. At least the voice sounds amazingly like him. But it is not Steiner. It is the result of voice "morphing" technology developed at the Los Alamos National Laboratory in New Mexico. Psychological operations ... PSYOPS, as the military calls it, seek to exploit human vulnerabilities in enemy governments, militaries and populations to pursue national and battlefield objectives. Covert operators kicked around the idea of creating a computer-faked videotape of Saddam Hussein crying or showing other such manly weaknesses, or in some sexually compromising situation. The nascent plan was for the tapes to be flooded into Iraq and the Arab world. The tape war never proceeded...but the "strategic" PSYOPS scheming didn't die. What if the U.S. projected a holographic image of Allah floating over Baghdad urging the Iraqi people and Army to rise up against Saddam? According to a military physicist given the task of looking into the hologram idea, the feasibility had been established of projecting large, three-dimensional objects that appeared to float in the air. A super secret program was established in 1994 to pursue the very technology for PSYOPS application. The "Holographic Projector" is described in a classified Air Force document as a system to "project information power from space ... for special operations deception missions."

Note: If the above link fails, click here. If you want to understand some of the many hidden capabilities of the U.S. military, this article is a must read. For more on the use of these "nonlethal" weapons, click here.

C.I.A. Data Show 14-Year Project On Controlling Human Behavior
1977-07-21, New York Times
http://select.nytimes.com/gst/abstract.html?res=F60A1FFC3E59157493C3AB178CD85...

The Central Intelligence Agency conducted a 14-year program to find ways to "control human behavior" through the use of chemical, biological and radiological material, according to agency documents made public today by John Marks. The documents ... suggested broader experimentation on unwitting humans by the intelligence agency or its paid researchers than had been publicly known before. Mr. Marks distributed 20 documents that described the following incidents, among others: In 1956, the C.I.A. contracted with a private physician to test "bulbocapnine," a drug that can cause stupor or induce a catatonic state, on monkeys and "convicts incarcerated at" an unnamed state penitentiary. A letter from an unnamed C.I.A. official in 1949 discussed ways of killing people without leaving a trace. "I believe that there are two chemical substances which would be most useful in that they would leave no characteristic pathological findings," the letter said. In 1952, two Russian agents who were "suspected of being doubled" were interrogated using "narcohypnotic" methods. The two men were given sodium pentothal and a stimulant. One interrogation produced a "remarkable" regression, the papers said, during which "the subject actually relived certain past activities of his life. The subject totally accepted Mr. [name deleted] as an old and trusted and beloved personal friend whom the subject had known in years past in Georgia, U.S.S.R." The C.I.A. conducted secret medical experiments from 1949 through 1963 under the code names Bluebird, Artichoke, MK Ultra and MK Delta.

Note: If the above link fails, click here. For lots more reliable, verifiable information suggesting a major cover-up of government mind control programs, click here.

UFOS: Are They for Real?
2007-11-09, CNN
http://transcripts.cnn.com/TRANSCRIPTS/0711/09/lkl.01.html

LARRY KING, HOST: Our panel here in Los Angeles, Fife Symington, the former governor of Arizona, who in 1997 ridiculed an infamous UFO sighting by thousands of people in the state and later admitted that he himself saw a craft. James Fox, the filmmaker who is the executive producer of the award-winning feature length documentary "Out of the Blue" -- the definitive investigation of the UFO phenomenon. Colonel Chuck Halt [USAF] the deputy base commander of Bentwaters Woodbridge, a U.S. military base in Suffolk, England. Sergeant Jim Penniston ... a security supervisor at that base in 1980. He says he sat with a UFO on the ground for 45 minutes before it hovered above him and shot into the air at an unearthly speed. SYMINGTON: I was a skeptic [until] I saw a wedge-shaped craft of enormous proportions fly over ... Phoenix. KING: Colonel Halt [what] did you see? HALT: We noticed three objects. They were illuminated with multiple lights and were moving at high speed in sharp, angular patterns. One of them approached us at very high speed and sent down a beam ... at our feet. SGT. JIM PENNISTON: I was there. We discovered a craft of unknown origin ... on the ground. We touched it, walked around it, photographed it. KING: Added to [our panel] is John Callahan, the former division chief of accidents and investigations branch of the FAA. In 1986 a Japanese pilot said he saw twin cylinders flying in formation within 500 feet of his air cargo jet. He claimed the object was the size of two aircraft carriers and it followed him for over 30 minutes. KING: After this incident, you said [the] FAA administrator held a briefing. CALLAHAN: When we got all done with our briefing ... the CIA man stood up and said, this event never happened, we were never here, you're all sworn to secrecy and we are confiscating all of this data.

Note: To watch the video of this discussion, click here. For lots more fascinating information suggesting there may have been a major cover-up of the UFO phenomenon, follow the links in the article above and see our UFO Information Center, which is filled with reliable, verifiable information on this important topic.

Tenet told 9/11 panel that he warned Rice of Al Qaeda
2006-10-03, Boston Globe/Washington Post
http://www.boston.com/news/nation/washington/articles/2006/10/03/tenet_told_9...

Former CIA director George Tenet told the 9/11 Commission that he had warned of an imminent threat from Al Qaeda in a July 2001 meeting with Condoleezza Rice, adding that he believed Rice took the warning seriously, according to a transcript of the interview and the recollection of a commissioner who was there. The meeting has become the focus of a fierce and often confusing round of finger-pointing involving Rice, the White House, and the 9/11 Commission, all of whom dispatched staffers to the National Archives and other locations yesterday in attempts to sort out what had occurred. Members of the commission, an independent bipartisan panel created by Congress to investigate the Sept. 11, 2001, terror attacks, have said for days that they were not told about the July 10 meeting and were angry at being left out. As recently as yesterday afternoon, both commission chairman Thomas H. Kean and vice chairman Lee Hamilton said they believed the panel had not been told about the July 10 meeting. But it turns out that the panel was, in fact, told about the meeting, according to the interview transcript and Democratic commission member Richard Ben-Veniste, who sat in on the interview with Tenet. Rice added to the confusion yesterday by strongly suggesting that the meeting may never have occurred at all, even though administration officials had conceded for several days that it had.

Note: Could it be possible that some of our nation's top leaders are lying? How could they have just forgotten about such important matters? For lots more see http://www.WantToKnow.info/911information.

The Lowdown on Sweet?
2006-02-12, New York Times
http://www.nytimes.com/2006/02/12/business/yourmoney/12sweet.html?ex=12974004...

When Dr. Morando Soffritti...saw the results of his team's seven-year study on aspartame, he knew he was about to be injected into a bitter controversy over this sweetener. Aspartame is sold under the brand names Nutra-Sweet and Equal and is found in such popular products as Diet Coke, Diet Pepsi, Diet Snapple and Sugar Free Kool-Aid. Hundreds of millions of people consume it worldwide. Dr. Soffritti...oversees 180 scientists and researchers in 30 countries. Dr. Soffritti's study concluded...that the sweetener was associated with unusually high rates of lymphomas, leukemias and other cancers. The study ...involved 1,900 laboratory rats and cost $1 million. Soffritti said he was inspired to look at aspartame because of what he calls "inadequacies" in the cancer studies done by Searle in the 1970's. Others have also challenged Searle's studies. Years before the F.D.A. approved aspartame, the agency had serious concerns about the accuracy and credibility of Searle's aspartame studies. From 1977 to 1985 -- during much of the approval process -- Searle was headed by Donald H. Rumsfeld, who is now the secretary of defense. Searle was acquired by Monsanto in 1985. Dr. Soffritti said...more research and open debate were needed on whether aspartame was a carcinogen. "It is very important to have scientists who are independent and not funded by industry looking at this."

Note: If you want to understand the influence of big money on your health, this article is well worth reading. Our Health Information Center Health Information Center has lots more. And for an incredibly eye-opening documentary on this that could very well improve the health of you and your friends, click here.

Is Al Qaeda Just a Bush Boogeyman?
2005-01-11, Los Angeles Times
http://articles.latimes.com/2005/jan/11/opinion/oe-scheer11

Is it conceivable that Al Qaeda, as defined by President Bush as the center of a vast and well-organized international terrorist conspiracy, does not exist? To even raise the question amid all the officially inspired hysteria is heretical. Yet a brilliant new BBC film produced by one of Britain's leading documentary filmmakers systematically challenges this. "The Power of Nightmares: The Rise of the Politics of Fear" ... argues coherently that much of what we have been told about the threat of international terrorism "is a fantasy that has been exaggerated and distorted by politicians. It is a dark illusion that has spread unquestioned ... around the world." Why have we heard so much frightening talk about "dirty bombs" when experts say it is panic rather than radioactivity that would kill people? Why did Defense Secretary Donald Rumsfeld claim on "Meet the Press" in 2001 that Al Qaeda controlled massive high-tech cave complexes in Afghanistan, when British and U.S. military forces later found no such thing? The film ... directly challenges the conventional wisdom by making a powerful case that the Bush administration, led by a tight-knit cabal of Machiavellian neoconservatives, has seized upon the false image of a unified international terrorist threat to replace the expired Soviet empire in order to push a political agenda. "The nightmare vision of a uniquely powerful hidden organization waiting to strike our societies is an illusion. Wherever one looks for this Al Qaeda organization, from the mountains of Afghanistan to the 'sleeper cells' in America, the British and Americans are chasing a phantom enemy."

Note: If above link fails, click here. This highly revealing film by one of Britain's most respected documentary makers is available for free viewing on the Internet. For the link and lots more on this amazingly revealing documentary, click here. For an excellent review of the film in one of the U.K.'s leading newspapers, click here.

A dangerous dose
2004-09-05, Boston Globe
http://www.boston.com/ae/books/articles/2004/09/05/a_dangerous_dose

Marcia Angell [is] a faculty member at the Harvard Medical School [and one of the] former editors of The New England Journal of Medicine. Her new book, "The Truth About the Drug Companies," is a sober, clear-eyed attack on the excesses of drug company power. How does the drug industry deceive us? It plies attending physicians with expense-paid junkets to St. Croix and Key West, Fla., where they are given honoraria and consulting fees to listen to promotional presentations. It promotes new or little-known diseases such as "social anxiety disorder" and "premenstrual dysphoric disorder" as a way of selling the drugs that treat them. It sets up phony front groups disguised as "patient advocacy organizations." It hires ghostwriters to produce misleading scientific articles and then pays academic physicians to sign on as authors. It sends paid lackeys and shills out onto the academic lecture circuit to ''educate" doctors about a drug's unapproved uses. It hires multinational PR firms to trumpet dubious studies as scientific breakthroughs while burying the studies that are likely to harm sales. It buys up the results of publicly funded research. It maintains a political chokehold on the American public by donating more money to political campaigns than any other industry in the country. For many years the drug industry has reaped the highest profit margins of any industry in America. In 2002, the top 10 American drug companies had profit margins of 17 percent; Pfizer, the largest, had profit margins of 26 percent. So staggeringly profitable is the drug industry that in 2002 the combined profits for the top 10 drug companies in the Fortune 500 were greater than those of all the other 490 companies combined.

Note: For an excellent 10-page summary of this revealing book written by the esteemed author, click here. For additional reliable information on the health cover-up, click here.

Group Calls for Disclosure of UFO Info
2001-05-10, ABC News
http://abcnews.go.com/Technology/story?id=98572

A group of about 20 former government workers, many of them military and security officials ... stepped forward on Wednesday to say they had witnessed evidence of aliens and unidentified flying objects and called for congressional hearings about such sightings. "These testimonies establish once and for all that we are not alone," said Steven Greer, director of the Disclosure Project, a nonprofit research organization dedicated to disclosing alleged alien sightings. Greer, who organized the program at the National Press Club in Washington, argued that the United States and other governments have known about UFOs for at least 50 years and have been keeping the information secret. Greer said there were some 400 witnesses who claim to have firsthand experience with UFO sightings or alien evidence, and are willing to testify before Congress. Among them is Daniel Sheehan, a well-known Washington lawyer who is acting as counsel for members of Greer's group. Sheehan told reporters that during the Carter administration he found out about government-held UFO information that then-CIA Director George Bush, father of the current president, would not release. Sheehan said he was then led into the National Archives, where he was shown photographs of captured UFOs, complete with what appeared to be alien writing symbols. Former Air Force Maj. George Filer III told reporters that when he was at McGuire Air Force Base in New Jersey, an alien craft came down, and an alien got out and was shot by a military policeman. "Our security police went out there and found him at the end of the runway dead," Filer said.

Note: An MD and former hospital ER director, Dr. Steven Greer has videotaped interviews with over 100 military and government witnesses who had personal experiences with the UFO cover-up. To order these mind-boggling videos, click here. For lots more reliable, verifiable information on this intriguing topic, click here.

Echelon spy network revealed
1999-11-03, BBC News
http://news.bbc.co.uk/1/hi/world/503224.stm

Imagine a global spying network that can eavesdrop on every single phone call, fax or e-mail, anywhere on the planet. It sounds like science fiction, but it's true. Two of the chief protagonists - Britain and America - officially deny its existence. But the BBC has confirmation from the Australian Government that such a network really does exist and politicians on both sides of the Atlantic are calling for an inquiry. The base is linked directly to the headquarters of the US National Security Agency (NSA) at Fort Mead in Maryland, and it is also linked to a series of other listening posts scattered across the world, like Britain's own GCHQ. The power of the network, codenamed Echelon, is astounding. Every international telephone call, fax, e-mail, or radio transmission can be listened to by powerful computers capable of voice recognition. They home in on a long list of key words, or patterns of messages. They are looking for evidence of international crime, like terrorism. The network is so secret that the British and American Governments refuse to admit that Echelon even exists. But another ally, Australia, has decided not to be so coy. The man who oversees Australia's security services, Inspector General of Intelligence and Security Bill Blick, has confirmed to the BBC that their Defence Signals Directorate (DSD) does form part of the network. Asked if they are then passed on to countries like Britain and America, he said: "They might be in certain circumstances." But the system is so widespread all sorts of private communications, often of a sensitive commercial nature, are hoovered up and analysed.

Mind-Control Studies Had Origins in Trial of Mindszenty
1977-08-02, New York Times
http://select.nytimes.com/gst/abstract.html?res=F20E11F83A5B167493C0A91783D85...

It may be difficult for Americans to comprehend the frame of mind of the men who ... started the Central Intelligence Agency's effort to manipulate human behavior. The C.I.A. leaders were certain the Communists had embarked on a campaign to control men's minds and they were determined to find a defense, setting out in earnest the next year—1950—with Project Bluebird, which evolved into Project Artichoke, then became MK-ULTRA - MK-DELTA. With each code name change, they broadened their sweep, until there remained virtually no avenue of human behavior control they were not exploring. There was an "urgent need," the C.I.A. and other intelligence agencies argued, to develop "effective and practical techniques" to "render an individual subservient to an imposed will or control." The C.I.A. men ... acknowledged among themselves that much of what they were setting out to do was "unethical," bordered on the illegal and would be repugnant to the American people. "Precautions must be taken," one agency official wrote in an internal memo, "not only to protect the operation from exposure to enemy forces, but also to conceal these activities from the American public in general." They wanted to be able to get away with murder without leaving a trace. In attempts to develop ways to administer lethal and mind-altering drugs surreptitiously through clothing as thick as a leather jacket, they tried out small spray guns and pencil-like injectors. They studied the writing of the psychologist who worked with Adolf Hitler, wondered about the use of the "occult" and of "black psychiatry."

Note: To see a free copy of this highly revealing New York Times article, click here. For lots more reliable, verifiable information suggesting a major cover-up of government mind control programs, click here.

A Faith-Based Fuel Initiative
2007-01-30, New York Times
http://www.nytimes.com/2007/01/30/opinion/30tue1.html?ex=1327813200&en=8ce942...

In 1975, after the oil embargo, Congress approved the most successful energy-saving measure this country has ever seen: the Corporate Average Fuel Economy system, known as CAFE, which set minimum mileage standards for cars. Within 10 years, automobile efficiency had virtually doubled, to 27.5 miles per gallon in 1985 from just over 14 miles per gallon in 1976. The mileage standards are still 27.5 m.p.g. Except for minor tweaks, Congress has refused to raise fuel efficiency requirements or close a gaping loophole that lets S.U.V.’s and pickups be measured by a more lenient standard.

Note: Thank you New York Times for pointing out what so few have bothered to mention. In the U.S., it is not the automotive industry that determines fuel mileage standards, but rather Congress. Whenever Congress has rasied the mileage standard, industry complies and average mileage increases. When the standards are not raised, average car mileage for new cars stays the same. Yet Congress has refused to significantly raise the standards since 1985, despite the increasing talk of an energy crisis. Why? If you really want to know, click here and here.

Lou Dobbs on CNN Asks Why Government is Lying about 9/11
2006-08-09, CNN News
http://transcripts.cnn.com/TRANSCRIPTS/0608/09/ldt.01.html

A shocking new book by the 9/11 Commission co-chairmen Thomas Kean and Lee Hamilton says Americans still don't know the whole truth about their government's initial response to those terrorist attacks that day. [The book] outlines repeated misstatements by the Pentagon and Federal Aviation Administration. Fog of war...could not explain why all of the after-action reports, accident investigations, and public testimony by FAA and NORAD officials advanced an account of 9/11 that was untrue. Untrue -- the military's original timeline of United Flight 93. Equally untrue, the government's timeline for American Flight 77 and details about fighter jets scrambled to intercept it. DOD did not accurately report to the 9/11 Commission on the response to the September 11, 2001 hijackings. So far, government investigators stopped short of calling all of these inaccuracies lies. If all of the after-action reports are untrue, for whatever reason, that's a lie. Incompetence and ineptitude on the part of this government...in the weeks leading up to 9/11 are established. The fact that the government would permit deception...the fact that they would continue and perpetuate the lie suggests that we need a full investigation of what is going on and what is demonstrably an incompetent and at worst deceitful federal government.

Why I Resigned From the CIA
2004-12-05, Los Angeles Times
http://www.latimes.com/news/printedition/opinion/la-oe-scheuer5dec05,1,471321...

Michael Scheuer, a 22-year veteran of the CIA, wrote "Imperial Hubris: Why the West is Losing the War on Terror." Between January 1996 and June 1999 I was in charge of running operations against Al Qaeda from Washington. When it comes to this small slice of the large U.S. national security pie, I speak with firsthand experience (and for several score of CIA officers) when I state categorically that during this time senior White House officials repeatedly refused to act on sound intelligence that provided multiple chances to eliminate Osama bin Laden — either by capture or by U.S. military attack. I witnessed and documented, along with dozens of other CIA officers, instances where life-risking intelligence-gathering work of the agency's men and women in the field was wasted. I was never charged with deciding whether to act against Bin Laden. That decision properly belongs solely to senior White House officials. However, as a now-private American citizen, it is my right to question their judgment; I am entitled to know why the protection of Americans — most selfishly, my own children and grandchildren — was not the top priority of the senior officials who refused to act on the opportunities to attack Bin Laden provided by the clandestine service. Each of these officials have publicly argued that the intelligence was not "good enough" to act, but they almost always neglect to say that they were repeatedly advised that the intelligence was not going to get better and that Bin Laden was going to kill thousands of Americans if he was not stopped.

Note: If the above link fails, click here. For many other serious questions around the 9/11 attacks, click here.

Lockheed and the Future of Warfare
2004-11-28, New York Times
http://www.nytimes.com/2004/11/28/business/yourmoney/28lock.html?ex=125938440...

Lockheed Martin doesn't run the United States. But it does help run a breathtakingly big part of it. Lockheed ... has built a formidable information-technology empire that now stretches from the Pentagon to the post office. It sorts your mail and totals your taxes. It cuts Social Security checks and counts the United States census. It runs space flights and monitors air traffic. Lockheed ... is best known for its weapons. But in the post-9/11 world, Lockheed has become more than just the biggest corporate cog in what Dwight D. Eisenhower called the military-industrial complex. It is increasingly putting its stamp on the nation's military policies. Former Lockheed executives, lobbyists and lawyers hold crucial posts at the White House and the Pentagon, picking weapons and setting policies. War and crisis have been good for business. The company's stock has tripled in the last four years. Lockheed is creating robot soldiers and neural software - "intelligent agents" - to do their work. Israel spends much of the $1.8 billion in annual military aid from the United States to buy F-16 warplanes from Lockheed. Its own executives say the concentration of power among military contractors is more intense than in any other sector of business outside banking. AND, after 9/11 ... cost is essentially irrelevant. Former Lockheed executives serve on the Defense Policy Board ... and the Homeland Security Advisory Council, which help make military and intelligence policy and pick weapons for future battles. Lockheed's board includes E. C. Aldridge Jr. ... the Pentagon's chief weapons buyer.

Note: If the above link fails, click here. To say that "war and crisis have been good for business" is quite an understatement. To read what one of the most highly decorated generals had to say about this, click here.

Write More About Skull And Bones
2004-10-27, San Francisco Chronicle (San Francisco's leading newspaper)
http://sfgate.com/cgi-bin/article.cgi?f=/g/a/2004/10/27/notes102704.DTL

I get this a lot: Hey Mark ... why don't you quit toeing the typical blasé journalism line ... and instead write about the real truths? Like for example how both Kerry and Bush are members of mega-yuppie Yale secret society/boys' club Skull & Bones. And why, furthermore, don't you talk about the real truths of 9/11? Haven't you seen that amazing [9/11] video on that Web site? And what about Building 7? Why did that 47-story tower adjacent to the WTC collapse when it had no fire and no plane crash? Why isn't the media reporting any of this? Does this make you laugh? Scoff? It is, after all, incredibly easy to dismiss conspiracy theories. But you know what? It's not that easy. These people ... have a point. They are indeed onto something quite large and ominous and it very much has to do with the media toeing the line of "safe" information. There is indeed ample evidence that the U.S. government, long before 9/11, had already discussed the quite plausible possibilities and strategic benefits of unleashing a "Pearl Harbor"-type event on America. There are plenty of strangely unanswered questions about 9/11, about the stunning inaction of NORAD and Bush's stupefying nonreaction upon hearing of the attack, not to mention his administration's incredible attempts to halt any independent 9/11 investigations. Of course, no one in any major media will touch this stuff. It is professional suicide to dare suggest an alternate truth to the one supplied by the Pentagon and regurgitated by the media. And the truth is, we don't really want such unstable questions answered. We simply cannot tolerate to have our world, our leaders, our foundations so questioned. We prefer stasis to growth, security to true knowledge.

The 9/11 Secret in the CIA's Back Pocket
2004-10-19, Los Angeles Times
http://articles.latimes.com/2004/oct/19/opinion/oe-scheer19

It is shocking: The Bush administration is suppressing a CIA report on 9/11 until after the election, and this one names names. "It is infuriating that a report which shows that high-level people were not doing their jobs in a satisfactory manner before 9/11 is being suppressed," an intelligence official who has read the report told me. [The] release of the report, which represents an exhaustive 17-month investigation by an 11-member team within the agency, has been "stalled." First by acting CIA Director John McLaughlin and now by Porter J. Goss, the former Republican House member (and chairman of the Intelligence Committee) who recently was appointed CIA chief. The official stressed that the report was more blunt and more specific than the earlier bipartisan reports produced by the Bush-appointed Sept. 11 commission and Congress. "The report found very senior-level officials responsible." By law, the only legitimate reason the CIA director has for holding back such a report is national security. None of this should surprise us given the Bush administration's great determination since 9/11 to resist any serious investigation. The president fought against the creation of the Sept. 11 commission, for example, agreeing only after enormous political pressure was applied by a grass-roots movement led by the families of those slain. And then Bush refused to testify to the commission under oath. Instead he deigned only to chat with the commission members, with Vice President Dick Cheney present, in a White House meeting in which commission members were not allowed to take notes.

Note: If the above link fails, click here. For more reliable, verifiable information on the 9/11 cover-up, click here.

Brainwash victims win cash claims
2004-10-17, London Times
http://www.timesonline.co.uk/article/0,,2090-1313808,00.html

Hundreds of mentally ill patients who were subjected to barbaric CIA-funded brainwashing experiments ... could be entitled to compensation following a landmark court ruling. Doctor Ewan Cameron, who became one of the world’s leading psychiatrists, developed techniques used by Nazi scientists to wipe out the existing personalities of people in his care. Cameron ... was recruited by the CIA during the cold war while working at McGill University in Montreal, Canada. He carried out mind-control experiments using drugs such as LSD on hundreds of patients, but only 77 of them were awarded compensation. Now a landmark ruling by a Federal Court judge in Montreal will allow more than 250 former patients, whose claims were rejected, to seek compensation. Last week, Alan Stein, of Montreal law firm Stein and Stein ... confirmed he was in the process of contacting former clients who could now renew their appeal. “There are about 200 people still due compensation,” he said. Using techniques similar to those portrayed in the celebrated novel the Manchurian Candidate, it was believed that people could be brainwashed and reprogrammed to carry out specific acts. Cameron developed a range of depatterning “treatments”. Patients were woken from drug-induced stupors two or three times a day for multiple electric shocks. In a specially designed “sleep room” made famous by Anne Collins’s book of the same name, Cameron placed a speaker under the patient’s pillow and relayed negative messages for 16 hours a day. Cameron ... rose to become the first president of the World Psychiatric Association.

Note: If the above link does not work, click here. This article clearly shows that the Manchurian candidate (programmed assassin) is not just fiction. For a powerful two-page summary of 18,000 pages of declassified CIA documents on this disturbing mind control program, click here. Links to view the original top secret documents are included.

Conspiracy Theories Flourish on the Internet
2004-10-07, Washington Post
http://www.washingtonpost.com/wp-dyn/articles/A13059-2004Oct6.html

Darren Williams spent four weeks this summer making a short but startling video that raises novel questions about the 2001 attack. The video, "9/11: Pentagon Strike," suggests that it was not American Airlines Flight 77 that slammed into the Pentagon, but a missile or a small plane. The video offers flashes of photographs taken shortly after impact, interspersed with witness accounts. The pictures seem incompatible with damage caused by a jumbo jet. Firefighters stand outside a perfectly round hole in a Pentagon wall where the Boeing 757 punched through; it is less than 20 feet in diameter. Propelled by word of mouth, Internet search engines and e-mail, the video has been downloaded by millions of people around the world. Williams created a Web site for the video, www.pentagonstrike.co.uk. Then he e-mailed a copy to Laura Knight-Jadczyk [who] posted a link to the video on the group's Web site, www.Cassiopaea.org. Within 36 hours, Williams's site collapsed under the crush of tens of thousands of visitors. But there were others to fill the void. In Texas, a former casino worker who downloaded the video began drawing almost 700,000 visitors a day. In Louisiana, a young Navy specialist put the video on his personal Web page. Suddenly, the site was inundated by more than 20,000 hits. "Pentagon Strike" is just the latest and flashiest example of a growing number of Web sites, books and videos contending that something other than a commercial airliner hit the Pentagon. Knight-Jadczyk said she never imagined anyone outside her group would ever view "Pentagon Strike." "The fact everybody's been sending it to his brother and his cousin ... reflects the fact that there is a deep unease," she said.

Note: This five-minute video is well worth watching, even though it was made a few years ago. To view it free online, click here. For lots more information suggesting a major 9/11 cover-up, click here.

Indicting the Drug Industry's Practices
2004-09-06, New York Times
http://www.nytimes.com/2004/09/06/books/06masl.html?ex=1252209600&en=1accf3fe...

Dr. Marcia Angell is a former editor in chief of The New England Journal of Medicine and spent two decades on the staff of that publication. Her new book is a scorching indictment of drug companies and their research and business practices. "Despite all its excesses, this is an important industry that should be saved - mainly from itself," she writes. Dr. Angell's case is tough, persuasive and troubling. "The Truth About the Drug Companies" ... is devoted to assertions of shady, misleading corporate behavior. In the past, drug discoveries made through government research remained in the public domain. Beginning in 1980 those breakthroughs could be patented, even if their research was sponsored by the National Institutes of Health. As a consequence, Dr. Angell says, patent shenanigans have reshaped the drug business, as have the recent government regulations that expedite direct-to-consumer drug advertising. "Once upon a time, drug companies promoted drugs to treat diseases," Dr. Angell writes. "Now it is often the opposite. They promote diseases to fit their drugs." Why all the advertising? "If prescription drugs are so good, why do they need to be pushed so hard?" she asks. Dr. Angell is now a senior lecturer at Harvard Medical School.

Note: For an excellent 10-page summary of this revealing book written by the esteemed author, click here. For more reliable information on the health cover-up, click here.

Transcript: Rice's Testimony on 9/11 (for 9/11 Commissioner Lehman)
2004-04-08, Washington Post
http://www.washingtonpost.com/wp-dyn/articles/A61252-2004Apr8_4.html

LEHMAN. Were you told that there were numerous young Arab males in flight training? RICE. I was not. LEHMAN. Were you told that the red team in F.A.A. for 10 years had reported ... that the U.S. airport security system never got higher than 20 percent effective. RICE. To the best of my recollection I was not told that. LEHMAN. Were you aware that I.N.S. had quietly internally halved its internal security enforcement budget? RICE. I was not made aware of that. LEHMAN. Were you aware that it was the U.S. government established policy not to question or oppose the sanctuary policies [which] prohibited the local police from cooperating at all with federal immigration authorities? RICE. I do not believe I was aware of that. LEHMAN. Were you aware of a program that was well established that allowed Saudi citizens to get visas without interviews? RICE. I learned of that after 9/11. LEHMAN. Were you aware of the extensive activities [of] the Saudi government in supporting over 300 radical teaching schools and mosques around the country, including right here in the United States? Were you aware at the time of the fact that Saudi Arabia ... had in their custody the C.F.O. [Chief Financial Officer] and the closest confidante of Al Qaeda, of Osama bin Laden, and that they refused direct access to the United States? RICE. I don't remember anything of that kind. LEHMAN. Were you aware that they would not cooperate and give us access to the perpetrators of the Cobar Towers attack? RICE. I was very involved in issues concerning Cobar Towers. LEHMAN. Were you aware that it was the policy of the Justice Department ... to fine airlines if they have more than two young Arab males in secondary questioning? RICE. No.

Note: Don't miss the full revealing transcript at the link above. Most of the quotes above are towards the bottom of the webpage. Why didn't we hear lots more about these astounding facts put forward by one of the 9/11 commissioners, yet hardly mentioned in the final report? For lots more, click here.

'Bonesmen' for president
2004-03-10, MSNBC News
http://www.msnbc.msn.com/id/4500423

Pres. Bush and John Kerry were both members of the secret organization. ‘Skull and Bones’ dates to 1832. It was in fact a reaction to a secret society, the Masons. Founder William Huntington Russell thought of his little enclave as sort of anti-Masons and as a home for the wealthy and the powerful ... who would do anything for another Bonesman. Each year, 15 young undergraduate seniors are tapped for membership. Members of ‘Skull and Bones’ gather on High Street in the Yale campus at the tomb. New members, the neophytes, are expected to do things like lie in coffins, wrestle in mud, kiss a skull, and confess their sexual histories in front of the group to bond themselves together. Once you‘re in, you‘re in: ‘Skull and Bones’ is for life. There are a lot of [famous] Bonesmen ... Henry Luce, who created “TIME” magazine; Harold Stanley, founder of Morgan Stanley; William F. Buckley; Averell Harriman, long-time governor of New York. And then there are the presidents: William Howard Taft, whose father, Alphonso, had helped found the group; George Herbert Walker Bush, whose father, Prescott, was a Bonesman and a senator; the current President Bush. [And there's] John Kerry, Bonesman class of ‘66. His wife Teresa Kerry‘s first husband, John Heinz ... was ‘Skull and Bones.’ Both Bush and Kerry refused to answer ‘Meet the Press’ host Tim Russert when asked about the organization. Alexandra Robbins, author of “Secrets of the Tombs" [said] "The sole purpose of Skull and Bones is to get members into positions of power and then to have those members hire other members to prominent positions, which is something that President Bush has done."

Note: Many have claimed that secret societies have not had much influence on world politics. This article raises many serious questions about this. For more reliable information on this and other secret societies, click here.

Experts Urging Broader Inquiry In Towers' Fall
2001-12-25, New York Times
http://select.nytimes.com/gst/abstract.html?res=F40A11FB3E550C768EDDAB0994D94...

Saying that the current investigation into how and why the twin towers fell on Sept. 11 is inadequate, some of the nation's leading structural engineers and fire-safety experts are calling for a new, independent and better-financed inquiry that could produce the kinds of conclusions vital for skyscrapers and future buildings nationwide. Experts critical of the current effort...point out that the current team of 20 or so investigators has no subpoena power and little staff support and has even been unable to obtain basic information like detailed blueprints of the buildings that collapsed. Some structural engineers have said that one serious mistake has already been made...the decision to rapidly recycle the steel columns, beams and trusses that held up the buildings. Interviews with a handful of members of the team, which includes some of the nation's most respected engineers, also uncovered complaints that they had at various times been shackled with bureaucratic restrictions that prevented them from interviewing witnesses, examining the disaster site and requesting crucial information like recorded distress calls to the police and fire departments. Members have been threatened with dismissal for speaking to the press.

Note: Our website has over 30 full articles posted from the New York Times. This is the only article for which the Times threated to sue us if we didn't remove it. We were allowed to replace it with this short summary. For more on this, click here. For more reliable news articles suggesting a major cover-up of 9/11, click here.

[9/11] Hijack 'suspects' alive and well
2001-09-23, BBC News
http://news.bbc.co.uk/1/hi/world/middle_east/1559151.stm

Another of the men named by the FBI as a hijacker in the suicide attacks on Washington and New York has turned up alive and well. The identities of four of the 19 suspects accused of having carried out the attacks are now in doubt. Saudi Arabian pilot Waleed Al Shehri was one of five men that the FBI said had deliberately crashed American Airlines flight 11 into the World Trade Centre on 11 September. His photograph was released, and has since appeared in newspapers and on television around the world. He told journalists there that he had nothing to do with the attacks. He has contacted both the Saudi and American authorities. He acknowledges that he attended flight training school at Daytona Beach in the United States, and is indeed the same Waleed Al Shehri to whom the FBI has been referring. But, he says, he left the United States in September last year [and] became a pilot with Saudi Arabian airlines. Abdulaziz Al Omari, another of the Flight 11 hijack suspects ... says he is an engineer with Saudi Telecoms, and that he lost his passport while studying in Denver. Meanwhile ... a London-based Arabic daily says it has interviewed Saeed Alghamdi. He was listed by the FBI as a hijacker in the United flight that crashed in Pennsylvania. And there are suggestions that another suspect, Khalid Al Midhar, may also be alive. FBI Director Robert Mueller acknowledged on Thursday that the identity of several of the suicide hijackers is in doubt.

Note: Yet these four are all later listed in the 9/11 Commission report as the hijackers. Click here and scroll down a little over half way to see their photos in the official report. For more on this, click here. For an abundance of reliable information suggesting a major 9/11 cover-up, click here.

Sidney Gottlieb, 80, Dies; Took LSD to C.I.A.
1999-03-10, New York Times
http://select.nytimes.com/search/restricted/article?res=F70A13FA355B0C738DDDA...

Sidney Gottlieb, who presided over the Central Intelligence Agency's cold-war efforts to control the human mind and provided the agency poisons to kill Fidel Castro, died on Sunday. He ... spent his later years caring for dying patients ... and fighting lawsuits from survivors of his secret tests. He will always be remembered as the Government chemist who dosed Americans with psychedelics in the name of national security. Mr. Gottlieb joined the C.I.A. in 1951. Two years later, the agency established MKUltra and Mr. Gottlieb was running it. He served two decades as the senior scientist presiding over some of the C.I.A.'s darkest secrets. The first of these were the LSD experiments. Mr. Gottlieb was fascinated by the drug [and] took it hundreds of times. In the 1950's and early 1960's, the agency gave mind-altering drugs to hundreds of unsuspecting Americans in an effort to explore the possibilities of controlling human consciousness. In one case, a mental patient in Kentucky was dosed with LSD continuously for 174 days. Other experiments involved agency employees, military officers and college students. In all, the agency conducted 149 separate mind-control experiments, and as many as 25 involved unwitting subjects. At least one participant died, others went mad, and still others suffered psychological damage after participating in the project, known as MK Ultra. The C.I.A. ... deliberately destroyed most of the MKUltra records in 1973. Mr. Gottlieb was also involved in the C.I.A.'s assassination plots. [He] developed a poison handkerchief to kill an Iraqi colonel, an array of toxic gifts to be delivered to Fidel Castro, and a poison dart to kill a leftist leader in the Congo.

Air Force Order on Saucers Cited
1960-02-28, New York Times
http://select.nytimes.com/gst/abstract.html?res=F50A12F9345D1A728DDDA10A94DA4...

Vice Admiral R. H. Hillenkoetter (Ret.), a committee board member and former director of the Central Intelligence Agency, said..."It is time for the truth to be brought out in open Congressional hearings. Behind the scenes, high-ranking Air Force officers are soberly concerned about the UFOs. But through official secrecy and ridicule, many citizens are led to believe the unknown flying objects are nonsense," the retired admiral said. He charged that "to hide the facts, the Air Force has silenced its personnel.

Note: If the above link fails, click here for a free copy of this article. Why would a former head of the CIA be claiming that Air Force officers are "soberly concerned" about UFOs? For an abundance of reliable, verifiable information on this major cover-up, click here

Treasury gives banks multi-billion tax break windfall
2008-11-11, San Francisco Chronicle/Associated Press
http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2008/11/11/BUTP141OVI.DTL

Some of the nation's biggest banks are in for a windfall – on top of the $700 billion government bailout – thanks to a new tax policy quietly issued by the Treasury Department. The notice gives big tax breaks to companies that acquire struggling banks hit hard by the mortgage crisis. In some cases, the tax breaks could exceed the cost of acquiring the banks, according to analyses by private tax experts. The change could cost the Treasury as much as $140 billion by enabling firms that acquire struggling banks to use more losses incurred by those banks to offset their own taxable profits. San Francisco's Wells Fargo & Co., which made a bid to acquire Wachovia Corp. just days after the notice was issued, stands to reap about $20 billion in additional tax savings because of the change, according to the analyses. Wells Fargo paid $14.8 billion in a stock deal to buy Wachovia. The notice was issued Sept. 30 as Congress debated the $700 billion bailout plan. Some members of Congress are upset that such a sweeping tax change was issued with no public hearings or congressional input. "I am concerned that the notice, which was never debated by Congress, could end up costing taxpayers tens of billions of more dollars on top of the hundreds of billions of dollars already approved by Congress in the financial rescue plan," Sen. Chuck Schumer, D-N.Y., said in a letter last week to Treasury Secretary Henry Paulson. Some tax lawyers questioned the legality of the notice. Before the notice was issued, the merged bank could write off only a limited amount of the losses. The notice removed those restrictions, enabling the acquiring banks to make huge reductions in their tax liabilities.

Note: With no limitations placed on the nine biggest banks receiving many billions of dollars in bailout money, they are free to buy up smaller banks. And they will likely receive huge tax breaks, sometimes even greater than the purchase price, for doing so! For many revealing, reliable reports on the Wall Street bailout, click here.

New Terrain for Panel on Bailout
2008-11-04, New York Times
http://www.nytimes.com/2008/11/04/business/economy/04bailout.html?partner=rss...

Having been handed vast authority and almost no restrictions in the bailout law that Congress passed ... a committee of five little-known government officials, aided by a bare-bones staff of 40, is picking winners and losers among thousands of banks, savings and loans, insurers and other institutions. It is new and unfamiliar terrain for the officials, who are making monumental decisions — a form of industrial policy, some critics say — that contradict the free market philosophy they usually espouse. Predictably, the process is stirring alarm from Capitol Hill to Wall Street. Among the problems, critics say, is that despite earlier promises of transparency, the process is shrouded in secrecy, its precise goals opaque. Treasury officials have refused to disclose their criteria for deciding which banks ... get money. And officials have yet to say they even have a broader strategy, though banking executives are convinced the government wants to encourage acquisitions. Already, critics from Capitol Hill to Wall Street are lashing out at the program, saying the banks are misusing the capital infusions by hoarding the money rather than lending it. The government, the critics say, is wrongly steering f