Government Corruption News Articles
Excerpts of Key Government Corruption News Articles in Major Media


Below are many highly revealing excerpts of important government corruption articles from the mainstream media. Links are provided to the full articles on major media websites. If any link should fail to function, click here. These government corruption news articles are listed by order of importance. For the same articles by date posted to this list, click here. For the list by date of news article click here. By choosing to educate ourselves on these important issues and to spread the word, we can and will build a brighter future.



Note: For an index to revealing excerpts of media articles on several dozen engaging topics, click here.

The Secret Government: The Constitution in Crisis
1987-11-04, WantToKnow.info/PBS Documentary
http://www.WantToKnow.info/050423secretgovernment

The Secret Government is an interlocking network of official functionaries, spies, mercenaries, ex-generals, profiteers and superpatriots, who, for a variety of motives, operate outside the legitimate institutions of government. The Russians had been our ally against the Nazis, an expedient alliance for the sake of war. Now they were our enemy. To fight them we turned to some of the very men who had inflicted on humanity the horrors of Hitler’s madness. We hired Nazis’ as American spies. Admiral Gene La Rocque: “That National Security Act of 1947 changed dramatically the direction of this great nation. It established the framework for a national security state. Never have we had a National Security Council so concerned about the nation’s security that we’re always looking for threats and looking how to orchestrate our society to oppose those threats. National Security was invented, almost, in 1947, and now it has become the prime mover of everything we do. The National Security Act also gave us the Central Intelligence Agency." In 1975 ... Congress took its first public look at the Secret Government. Senator Frank Church chaired the Select Committee to study government operations. The hearings opened the books on a string of lethal activities. From the use of electric pistols and poison pellets, to Mafia connections and drug experiments. And they gave us a detailed account of assassination plots against foreign leaders and the overthrowing of sovereign governments. This is a system easily corrupted. While freedom does have enemies in the world, it can also be undermined here at home, in the dark, by those posing as its friends.

Note: This highly revealing PBS documentary is available for free viewing on the Internet. For the link, written text, and much more on this amazingly revealing documentary, click here.




80 Institutions Used in C.I.A. Mind Studies
1977-08-04, New York Times
http://select.nytimes.com/gst/abstract.html?res=F20D15F63A5B167493C6A91783D85...

Adm. Stansfield Turner, the Director of Central Intelligence, testified today that the C.I.A. had secretly supported human behavior control research at 80 institutions, including 44 colleges or universities as well as hospitals, prisons and pharmaceutical companies. He said that the main action years of MK-Ultra were from 1953 through 1963. The projects, he said, had included tests of LSD and of a "K," or "knockout drop." The agency had supported 185 nongovernment researchers in 149 separate research projects. Admiral Turner said that ... 8,000 pages of newly discovered documents do not contain the names of the subjects of the tests but do contain "leads" that might enable them to be found. Admiral Turner acknowledged under questioning that the C.I.A. had apparently planned to test drugs on terminal cancer patients at the same institution where it secretly contributed $375,000 toward the construction of a hospital building. The New York Times has independently confirmed the institution is Georgetown University Medical School here. Admiral Turner [also] said that "some unwitting testing took place on criminal sexual psychopaths confined at a state hospital." At the two-hour hearing today, Senator Kennedy, a Massachusetts Democrat, pressed Admiral Turner to let the universities, researchers and possible subjects of the tests know of the C.I.A.'s involvement. "These individuals have a right to know who they are and why they were used," he said.

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.




Method and Apparatus for Tunneling by Melting
1972-09-22, US Patent and Trademark Office
http://patft.uspto.gov/netacgi/nph-Parser?Sect1=PTO1&Sect2=HITOFF&d=PALL&p=1&...

The invention described herein was made in the course of, or under, a contract with the U. S. ATOMIC ENERGY COMMISSION. It relates ... to a method and apparatus for drilling, tunneling and shaft-sinking in rock with particular advantage at hitherto inaccessible depths. The present invention uses the basic apparatus and method disclosed in U.S. Pat. No. 3,357,505 and in Los Alamos Scientific Laboratory of the University of California Report No. LA-3243 (1965) entitled "Rock Melting as a Drilling Technique." In the existing rock melting devices of the prior art, a major difficulty which limited performance was that of delivering a sufficiently large heat flux to the melting face of the drill or penetrator. The development of the heat pipe alleviates this problem in that the use of heat pipes enables the transfer of heat energy from a compact heat source to the extended melting surface of the penetrator at rates high enough to maintain the surface above the melting temperature of the rock. The extrapolation of a mechanism useful for forming large holes in the earth in accordance with the present invention uses the combination of a refractory rock-melting tool, an in situ heat source preferably a small nuclear reactor and an exceedingly efficient heat transfer mechanism such as a system of heat pipes to convey heat from the source to the walls of the drilling tool.

Note: This patent shows that government scientists at Los Alamos were using a "small nuclear reactor" to drill underground tunnels. Several of the inventors listed on the patent worked at Los Alamos National Laboratory, including: McInteer, Berthus B.; Mills, Robert L.; Potter, Robert M.; Robinson, Eugene S.; Rowley, John C.; and Smith, Morton C.. For photos and more fascinating information on this most intriguing patent, click here.




'Matador' With a Radio Stops Wired Bull
1965-05-17, New York Times
http://select.nytimes.com/gst/abstract.html?res=F20817F9395812738DDDAE0994DD4...

The brave bull bore down on the unarmed "matador" — a scientist who had never faced a fighting bull. But the charging animal's horns never reached the man behind the heavy red cape. Moments before that could happen, Dr. Jose M. R. Delgado, the scientist, pressed a button on a small radio transmitter in his hand, and the bull braked to a halt. Then, he pressed another button on the transmitter and the bull obediently turned to the right and trotted away. The bull was obeying commands from his brain that had been called forth by electrical stimulation—by the radio signals—of certain regions in which fine wire electrodes had been painlessly implanted the day before. [Experiments] have shown, he explained, that "functions traditionally related to the psyche, such as friendliness, pleasure or verbal expression, can be induced, modified and inhibited by direct electrical stimulation of the brain." For example, he has been able to "play" monkeys and cats 'like little electronic toys" that yawn, hide, fight, play, mate and go to sleep on command. With humans under treatment for epilepsy, he has increased word output sixfold in one person, has produced severe anxiety in another, and in several others has induced feelings of profound friendliness—all by electrical stimulation of various specific regions of their brains. "I do not know why more work of this sort isn't done," he remarked recently, "because it is so economical and easy." Monkeys will learn to press a button that sends a stimulus to the brain of an enraged member of the colony and calms it down, indicating that animals can be taught to control one another's behavior.

Note: If the above link fails, click here. This article shows mind control was being developed over 40 years ago. Though this technology can be used for good purposes, it also can and secretly has been used to manipulate and control for many years. For lots of information based on released CIA documents on how mind control has been secretly used for decades to affect both individual behavior and global politics, click here and here.




Hypnotic Experimentation and Research
1954-02-10, WantToKnow.info/Declassified U.S. Government Document
http://www.wanttoknow.info/mindcontrol10pg#cia190691

A posthypnotic of the night before (pointed finger, you will sleep) was enacted. Misses [whited out] and [whited out] immediately progressed to a deep hypnotic state with no further suggestion. Miss [whited out] was then instructed (having previously expressed a fear of firearms in any fashion) that she would use every method at her disposal to awaken Miss [whited out] (now in a deep hypnotic sleep) and failing this, she would pick up a pistol nearby and fire it at Miss [whited out]. She was instructed that her rage would be so great that she would not hesitate to “kill” [whited out] for failing to awaken. Miss [whited out] carried out these suggestions to the letter including firing the (unloaded) gun at [whited out] and then proceeding to fall into a deep sleep. Both were awakened and expressed complete amnesia for the entire sequence. Miss [whited out] was again handed the gun, which she refused (in an awakened state) to pick up or accept from the operator. She expressed absolute denial that the foregoing sequence had happened.

Note: This text is quoted from page 1 of declassified CIA document MORI ID 190691. To verify the statement in the text, make a FOIA (Freedom of Information Act) request as described here, or directly view a scanned copy online here. To access thousands of pages of declassified CIA mind control documents online, click here. For lots more reliable information on this crucial topic, click here.




Learning From Lehman
2010-03-14, New York Times
http://www.nytimes.com/2010/03/14/opinion/14sun3.html

On top of everything Lehman Brothers did before it collapsed in 2008, nearly toppling the financial system, it now seems that it was aggressively massaging its books. A new report on the Lehman collapse, released last week ... would leave anyone dumbstruck by the firm’s audacity — and reminded of the crying need for adult supervision of Wall Street. The 2,200-page report [finds that] Lehman engaged in transactions that let it temporarily shift troubled assets off its books and in so doing, hide its reliance on borrowed money. The maneuvers ... made the firm appear healthier than it was. [The author, Anton R. Valukas, a former federal prosecutor,] wrote that Richard S. Fuld Jr., Lehman’s former chief executive, was “at least grossly negligent,” and that Lehman executives engaged in “actionable balance sheet manipulation.” According to the report, rating agencies, government regulators and Lehman’s board of directors had no clue about the gimmicks. The result is that we were all blindsided. And we could be blindsided again. Congress is not even close to passing meaningful regulatory reform. The surviving banks have only gotten bigger and more politically powerful. If the Valukas report is not a wake-up call, what would be?

Note: The Lehman report is described in detail here. For revealing information showing how the US Treasury Department continues to fight against a much-needed audit of the Federal Reserve, click here. For a great collection of revealing reports from reliable sources on the hidden realities behind the financial crisis and government bailouts of the biggest financial corporations, click here.




Explosive News
2010-02-22, Washington Times
http://www.washingtontimes.com/news/2010/feb/22/inside-the-beltway-70128635

A lingering technical question about the Sept. 11 terrorist attacks still haunts some, and it has political implications: How did 200,000 tons of steel disintegrate and drop in 11 seconds? A thousand architects and engineers want to know, and are calling on Congress to order a new investigation into the destruction of the Twin Towers and Building 7 at the World Trade Center. "In order to bring down this kind of mass in such a short period of time, the material must have been artificially, exploded outwards," says Richard Gage, a San Francisco architect and founder of the nonprofit Architects & Engineers for 9/11 Truth. Mr. Gage, who is a member of the American Institute of Architects, managed to persuade more than 1,000 of his peers to sign a new petition requesting a formal inquiry. "The official Federal Emergency Management [Agency] and National Institute of Standards and Technology reports provide insufficient, contradictory and fraudulent accounts of the circumstances of the towers' destruction. We are therefore calling for a grand jury investigation of NIST officials," Mr. Gage adds. "The implications are enormous."

Note: To read statements questionig the official account of the events of 9/11 by hundreds of professors, government officials and professionals, click here and here. For our 9/11 Information Center, click here.




Greece to Make All Large Cash Transactions Illegal
2010-02-16, Christian Science Monitor
http://www.csmonitor.com/Money/The-Daily-Reckoning/2010/0216/Greece-to-Make-A...

Embroiled in its debt crisis and looking for any avenue to bolster tax receipts [Greece] has done the unthinkable – it has made [cash, in euros] illegal for transactions over 1,500 euros. Of course, larger credit- or debit-based electronic transactions over 1,500 will still be denominated in euros. However, electronic transactions clearly require infrastructure and limit personal freedom. From Reuters: “From 1. Jan. 2011, every transaction above 1,500 euros between natural persons and businesses, or between businesses, will not be considered legal if it is done in cash. Transactions will have to be done through debit or credit cards.” It seems wrong for the Greek state to dictate how cash euros can be used. In fact, it’s surprising that the EU-endorsed plan would allow Greece to control euro usage at that level. Despite the fact that the reform bill is a piece of an approved EU plan to help improve Greek tax revenue and reduce deficit, it seems to go too far in curtailing personal liberty. How much is a government willing to punish its own citizens for using “too much” of their own legal tender in an otherwise legal transaction?

Note: What gives any government the right to limit cash transactions? And why is the EU approving this unusual measure? Could this be part of a hidden agenda to push the public towards a cashless society?




The government has your baby's DNA
2010-02-04, CNN News
http://www.cnn.com/2010/HEALTH/02/04/baby.dna.government/index.html

When Annie Brown's daughter, Isabel, was a month old, her pediatrician asked Brown and her husband to sit down because he had some bad news to tell them: Isabel carried a gene that put her at risk for cystic fibrosis. While grateful to have the information -- Isabel received further testing and she doesn't have the disease -- the Mankato, Minnesota, couple wondered how the doctor knew about Isabel's genes in the first place. After all, they'd never consented to genetic testing. It's simple, the pediatrician answered: Newborn babies in the United States are routinely screened for a panel of genetic diseases. Since the testing is mandated by the government, it's often done without the parents' consent, according to Brad Therrell, director of the National Newborn Screening & Genetics Resource Center. In many states, such as Florida, where Isabel was born, babies' DNA is stored indefinitely, according to the resource center. Many parents don't realize their baby's DNA is being stored in a government lab, but sometimes when they find out, as the Browns did, they take action. Parents in Texas, and Minnesota have filed lawsuits, and these parents' concerns are sparking a new debate about whether it's appropriate for a baby's genetic blueprint to be in the government's possession.

Note: For many reliable reports on the increasing governmental and corporate threats to privacy, click here.




License to Kill? Intelligence Chief Says U.S. Can Take Out American Terrorists
2010-02-03, ABC News
http://abcnews.go.com/Politics/license-kill-intelligence-chief-us-american-te...

The director of national intelligence affirmed rather bluntly today that the U.S. intelligence community has authority to target American citizens for assassination if they present a direct terrorist threat to the United States. "We take direct actions against terrorists in the intelligence community; if we think that direct action will involve killing an American, we get specific permission to do that," Director of National Intelligence Dennis Blair told the House Intelligence Committee. "Whether that American is involved in a group that is trying to attack us, whether that American ... is a threat to other Americans. Those are the factors involved." Blair explained. According to U.S. officials, only a handful of Americans would be eligible for targeting by U.S. intelligence or military operations. The DNI said that Internet and social media sites have become critical to terrorism recruitment efforts. "The homegrown radicalization of people in the United States is a relatively new thing." Blair said U.S. intelligence was rapidly working to counter the emerging problem.

Note: To read a valuable commentary on Director of National Intelligence Dennis Blair's claimed "war exception" to the Constitution, permitting assassination of American citizens by the US military and intelligence services without judicial review or legal process of any kind, click here. For the views of several legal experts, click here.




SEC mulled national security status for AIG details
2010-01-24, CNN Money/Reuters
http://money.cnn.com/news/newsfeeds/articles/reuters/MTFH21979_2010-01-24_19-...

U.S. securities regulators [at the Securities and Exchange Commission] originally treated the New York Federal Reserve's bid to keep secret many of the details of the American International Group bailout like a request to protect matters of national security. The SEC ... agreed to limit the number of SEC employees who would review the document to just two and keep the document locked in a safe while the SEC considered AIG's confidentiality request. The SEC had also agreed that if it determined the document should not be made public, it would be stored "in a special area where national security related files are kept." Emails ... that have become public in recent weeks reveal that some at the New York Fed had gone to great lengths to keep the terms of the bailout private and the SEC may have played a role in contributing to some of the secrecy surrounding the AIG rescue package. "The New York Fed was orchestrating what can only be characterized as an extreme effort to ensure that details of the counterparty deal stayed secret," Rep. Darrell Issa ... said. "More and more it looks as if they would've kept the details of the deal secret indefinitely, it they could have."

Note: So now bank transactions are being considered a matter of "national security." What next? It's becoming ever more apparent that "national security" is used as a catch-all phrase for information that those in power don't want us to know about their secret dealings which benefit themselves at the expense of most of the rest of us.




The Anthrax Attacks Remain Unsolved
2010-01-24, Wall Street Journal
http://online.wsj.com/article/SB10001424052748704541004575011421223515284.html

The investigation of the 2001 anthrax attacks ended as far as the public knew on July 29, 2008, with the death of Bruce Ivins, a senior biodefense researcher at the U.S. Army Medical Research Institute of Infectious Diseases in Fort Detrick, Md. Less than a week after his apparent suicide, the FBI declared Ivins to have been the sole perpetrator of the 2001 Anthrax attacks. The FBI [had] turned the pressure up on him, isolating him at work and forcing him to spend what little money he had on lawyers to defend himself. He became increasingly stressed. Then came his suicide (which, as Eric Nadler and Bob Coen show in their documentary "The Anthrax War," was one of four suicides among American and British biowarfare researchers in past years). But there was still a vexing problem. Silicon was used in the 1960s to weaponize anthrax. Anthrax spores were coated with the substance to prevent them from clinging together so as to create a lethal aerosol. But since weaponization was banned by international treaties, research anthrax no longer contains silicon, and the [anthrax] at Fort Detrick contained none. Ivins, no matter how weird he may have been, had neither the set of skills nor the means to attach silicon to anthrax spores. If Ivins had neither the equipment or skills to weaponize anthrax with silicon, then some other party with access to the anthrax must have done it.

Note: As usual, the FBI tries to pin it on one wacko, when it is clear others most have been involved. Remember that the anthrax attacks occurred as Congress was considering the PATRIOT Act, and were directed in part at key senators opposed to the act. Congress was shut down for a period, and when it reconvened it passed the bill without discussion. For lots more on the antrax attacks as a likely false-flag operation, click here.




Fed paid record $46.1B to Treasury last year
2010-01-12, Houston Chronicle/Associated Press
http://www.chron.com/disp/story.mpl/ap/top/all/6811506.html

The Federal Reserve paid a record $46.1 billion in earnings to the Treasury Department last year, reflecting gains as the central bank bulked up its portfolio of securities to revive the economy and fight the financial crisis. The payment marks an increase of $14.4 billion from what the Treasury was provided in 2008 and is the largest since the Fed began operating in 1914, the central bank announced. The Fed's net income of $52.1 billion in 2009 also was a record, according to preliminary figures. It was up from $35.5 billion in 2008. Such income rose largely because the Fed's holdings of securities mushroomed, though increases in the value of the securities also helped, Fed officials said. Under one program that ended last year, the Fed snapped up $300 billion in government debt. Under another program, the Fed is on track to buy a total of $1.25 trillion in mortgage securities from Fannie Mae and Freddie Mac by the end of March. Those programs have boosted the value of securities held by the Fed.

Note: How interesting that the trillions of dollars of US taxpayer money funneled to the big banks brought record income in 2009, while the average American saw little to no benefit. For key background on the Federal Reserve, click here. For a trove of reports from major media sources that reveal hidden realities of the government bailout of the biggest financial firms, click here.




With Bigger Bonuses, Another Upside for Banks
2010-01-01, New York Times
http://www.nytimes.com/2010/01/01/business/01bonus.html

Along with Wall Street’s resurgent bonuses will come a jump in an ancillary benefit: tax breaks. For all banks and Wall Street firms, “I’m sure we’re talking $200 billion total compensation, which would create a tax savings for the firms of $80 billion,” said Robert Willens, an accounting and tax analyst in New York. The tax deductions, which will increase the bottom line of the banks, are perfectly legal and not new. They come as compensation for 2009 has roared back after the largest banks paid back billions of dollars in federal aid, an outlay still fresh in the minds of taxpayers. As pay goes up, so do the deductions. Many American banks already pay minuscule federal income taxes. Because of various deductions and clever tax planning the payout-related breaks will reduce their tax bills further in coming years. The biggest tax break will go to Goldman Sachs. It expects to award its employees $23 billion in bonuses — the most in its history. Because most employee compensation is a deductible expense under tax laws, Goldman Sachs ... will save about $9 billion in federal income taxes on the bonuses it pays out for 2009.

Note: For a treasure trove of reliable reports on the government bailout of Wall Street, click here.




Capability Surprise
2010-01-00, U.S. Office of the Under Secretary of Defense
http://www.acq.osd.mil/dsb/reports/2010-10-Capability_Suprise_Vol_2.pdf

Deception [is reliant] on the close control of information, running agents (and double-agents) and creating stories that adversaries will readily believe. In an era of ubiquitous information access, anonymous leaks and public demands for transparency, deception operations are extraordinarily difficult. Nevertheless, successful strategic deception has in the past provided the United States with significant advantages that translated into operational and tactical success. Successful deception also minimizes U.S. vulnerabilities, while simultaneously setting conditions to surprise adversaries. Thus, strategic deception capabilities and plans must perforce be highly classified. Deception cannot succeed in wartime without developing theory and doctrine in peacetime. In order to mitigate or impart surprise, the United States should develop more robust interagency deception planning and action prior to the need for military operations. To be effective, a permanent standing office with strong professional intelligence and operational expertise needs to be established.

Note: The above excerpts can be found on pages 77 and 78. For a powerful two-page summary of a top general's description of how the American public is deceived into supporting war, click here.




Trillions Of Troubles Ahead
2009-12-18, Forbes magazine
http://www.forbes.com/2009/12/18/government-budget-deficit-personal-finance-f...

If the government stays on the course it's been on for the past forty years without a radical change, the federal government will soon have a $10 trillion budget. In other words, the federal budget deficit will be $1.4 trillion. Just to make the size more visible, that's $1,400 billion. Our colleague Rob Arnott ... wrote in his recent report that "at all levels, federal, state, local and GSEs, the total public debt is now at 141% of GDP. That puts the United States in some elite company--only Japan, Lebanon and Zimbabwe are higher. That's only the start. Add household debt (highest in the world at 99% of GDP) and corporate debt (highest in the world at 317% of GDP, not even counting off-balance-sheet swaps and derivatives) and our total debt is 557% of GDP. Less than three years ago our total indebtedness crossed 500% of GDP for the first time."

Note: For many revealing reports from major media sources on the realities of the government-financed bank bailouts, click here.




CIA working with Palestinian security agents
2009-12-17, The Guardian (One of the UK's leading newspapers)
http://www.guardian.co.uk/world/2009/dec/17/cia-palestinian-security-agents

Palestinian security agents who have been detaining and allegedly torturing supporters of the Islamist organisation Hamas in the West Bank have been working closely with the CIA, the Guardian has learned. Less than a year after Barack Obama signed an executive order that prohibited torture and provided for the lawful interrogation of detainees in US custody, evidence is emerging the CIA is co-operating with security agents whose continuing use of torture has been widely documented by human rights groups. The relationship between the CIA and the two Palestinian agencies involved – Preventive Security Organisation (PSO) and General Intelligence Service (GI) – is said by some western diplomats and other officials in the region to be so close that the American agency appears to be supervising the Palestinians' work. One senior western official said: "The [Central Intelligence] Agency consider them as their property, those two Palestinian services." A diplomatic source added that US influence over the agencies was so great they could be considered "an advanced arm of the war on terror". Among the human rights organisations that have documented or complained about the mistreatment of detainees held by the PA in the West Bank are Amnesty International, Human Rights Watch, al-Haq and the Israeli watchdog B'Tselem.

Note: For many accounts from major media sources of the horrific abuses committed by military, intelligence and security forces in the wars of occupation in Palestine, Iraq and Afghanistan, click here.




Ventura Turns Investigator for 'Conspiracy Theory'
2009-12-01, ABC News/Associated Press
http://abcnews.go.com/Entertainment/wireStory?id=9219009

Jesse Ventura is back for another stab at TV stardom, this time hosting a program that digs into conspiracy theories, including alternate views of what was behind the attacks of Sept. 11, 2001, and the purpose of a sprawling research center in remote Alaska. The former Minnesota governor, professional wrestler and Navy SEAL stars in "Conspiracy Theory With Jesse Ventura," ... on truTV. The cable network, part of Turner Broadcasting System Inc., has ordered seven episodes of the hourlong weekly series. Marc Juris, executive vide president and general manager of truTV, said Ventura is passionate about the show and brings "knowledge from the inside" of government. "He's not doing this as an act or a gimmick. It's true to his heart. He's really looking for the answers," Juris told the AP. The premiere episode deals with the High Frequency Active Auroral Research Program, or HAARP, a 35-acre compound of 180 antennas near Gakona, Alaska, that is used to study the Earth's ionosphere. Ventura and those he interviews question whether the government is using the site to manipulate the weather or to bombard people with mind-controlling radio waves. Future "Conspiracy Theory" shows explore alleged cover-ups surrounding the Sept. 11 attacks and whether there are real "Manchurian Candidate" assassins who are programmed to kill, said Juris.

Note: Ventura was also a Navy Seal, where he personally was involved in top secret activities and learned how what is presented to the public is very different from the deeper realities. Don't miss the highly educational episode on the vitally important topic of HAARP by clicking here. And watch the excellent episode on 9/11 by clicking here. You'll be surprised by the new angles presented.




Lending Declines as Bank Jitters Persist
2009-11-25, Wall Street Journal
http://online.wsj.com/article/SB125907631604662501.html

U.S. lenders saw loans fall by the largest amount since the government began tracking such data, suggesting that nervousness among banks continues to hamper economic recovery. Total loan balances fell by $210.4 billion, or 3%, in the third quarter, the biggest decline since data collection began in 1984, according to a report released ... by the Federal Deposit Insurance Corp. The FDIC also said its fund to backstop deposits fell into negative territory for just the second time in its history, pushed down by a wave of bank failures. The decline in total loans showed how banks remain reluctant to lend, despite the hundreds of billions of dollars the government has spent to prop up ailing banks and jump-start lending. The issue has taken on greater urgency with the U.S. unemployment rate hitting 10.2% in October. "There is no question that credit availability is an important issue for the economic recovery," FDIC Chairman Sheila Bair told reporters Tuesday. "We need to see banks making more loans to their business customers." She said large banks -- which account for 56% of industry assets and received a large share of the government's bailout funds -- accounted for 75% of the decline.

Note: The big banks were given trillions in bailout funds with a mandate to increase loans and stimulate the economy. Why are they still giving out so few loans? Where did the huge amounts of our taxpayer money go? Why isn't the government demanding accountability with such huge sums of taxpayer money? For lots more on major manipulations by the big bankers, click here.




Skull and Bones members include some of America's most powerful
2009-11-12, CNN
http://www.edition.cnn.com/TRANSCRIPTS/0911/12/ec.01.html

What really happens behind the padlocked doors of this windowless building, [the home] of Skull and Bones, Yale's oldest secret society? Its members include some of America's most powerful and privileged elite all sworn to secrecy. [CAMPBELL] BROWN: Alexandra Robbins broke through the wall of silence to write Secrets of the Tomb based on clandestine interviews with dozens of bonesmen. Only 15 [Yale students] get picked each year. The society includes at least three U.S. presidents, Supreme Court justices, and too many senators and CEOs to name. In 2004, Bush versus Kerry was the first all-bonesmen presidential election. ALEXANDRA ROBBINS: Skull and Bones' only purpose is to get its members into positions of prominence around the world so that they can elevate other members to similar positions. One of the first activities they participate in is called connubial bliss, where ... each member must spend an evening standing in front of the other 14 bonesmen and recount his or her entire sexual and romantic history. BROWN: According to one ... story, Prescott Bush, George W. Bush's grandfather, was part of a group that broke into the Oklahoma burial place of the Apache chief Geronimo and made off with his skull. Geronimo's grave was disturbed back in 1918, there are photos of skulls inside the "Skull and Bones" tomb. They have their own private retreat. Deer Island off the coast of New York. And a world of ready investors and political contacts in the highest echelons of American society. What has kept the secret society alive for all these years? Good old fashioned networking for the super elite.

Note: To watch the CNN video clip on this Yale secret society, click here. For lots more powerful information on Skull and Bones and other secret societies reported in major media articles, click here.





Key Government Corruption News Articles in Major Media