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


Below are many highly revealing excerpts of important government corruption news articles from the mainstream media suggesting a cover-up. Links are provided to the full articles on major media websites. If any link fails to function, click here. These government corruption news articles are listed by order of importance. For the same articles by date posted, 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 news articles on several dozen engaging topics, click here.

Tsunami bomb - NZ's devastating war secret
1999-09-25, New Zealand Herald (New Zealand's leading newspaper)
http://www.nzherald.co.nz/section/story.cfm?c_id=1&objectid=14727

Top-secret wartime experiments were conducted off the coast of Auckland to perfect a tidal wave bomb, declassified files reveal. United States defence chiefs said that if the project had been completed before the end of the war it could have played a role as effective as that of the atom bomb. Details of the tsunami bomb, known as Project Seal, are contained in 53-year-old documents released by the Ministry of Foreign Affairs and Trade. Papers stamped "top secret" show the US and British military were eager for Seal to be developed in the post-war years too. The experiments involved laying a pattern of explosives underwater to create a tsunami. It is unclear what happened to Project Seal once the final report was forwarded to Wellington Defence Headquarters late in the 1940s. The bomb was never tested on a full scale. "Whether it could ever be resurrected ... Under some circumstances I think it could be devastating."




Roswell Plus 50
1997-07-00, Popular Mechanics
http://www.popularmechanics.com/science/space/1282456.html

As a presidential candidate, Jimmy Carter claimed to have seen a UFO. As president, Ronald Reagan mused openly on how petty differences among nations might evaporate in the face of an extraterrestrial threat. And no one has done more to turn up the speculative heat than retired Adm. Bobby Ray Inman, who held a slew of top intelligence posts, including deputy director of the Central Intelligence Agency. In a Learning Channel documentary, Inman said – but has since repeatedly and vigorously denied – that the military is attempting to use technology from unspecified "recovered vehicles." The most perplexing UFO mystery of all began in the desert north of Roswell, NM. Ideas of what happened here during the first week of July 1947 range from the simple – a weather balloon crash – to the downright silly – Earth was being scouted for an intergalactic invasion. The latest official government explanation – there have been three thus far – is that the recovered debris came from a Project Mogul balloon that was carrying instruments to detect Soviet nuclear tests. After interviewing witnesses who had seen and handled crash-site debris, and reviewing [classified documents], we have concluded that there really was a crashed disc, dead bodies and a secret that could have been politically deadly to presidents Harry S. Truman and Dwight D. Eisenhower.

Note: If the above link fails, click here or here. This well researched article raises more questions than it answers, yet it leaves virtually no doubt that there was a major cover-up. For lots more intriguing media articles suggesting a major cover-up of UFOs and related phenomena, click here.




Up Close and Personal With a Remote Viewer
1995-12-04, Washington Post
http://pqasb.pqarchiver.com/washingtonpost/offers.html?url=%2Fwashingtonpost%...

Remote viewers have been in the headlines recently because it's come to light that several of them worked on the "Stargate" program, a top-secret, multimillion-dollar project at Fort Meade, Md. [They helped] locate American hostages, enemy submarines, strategic buildings in foreign countries and who knows what else. [Joseph] McMoneagle, 49, defended remote viewing, which he explained as the act of describing or drawing details about a place, person or thing without having any prior knowledge. He said that true remote viewing, unlike crystal-ball gazing and tea-leaf reading, is always conducted under "strict scientific protocols." He put his skills on the line last week on national television — when ABC became, for an hour, the other psychic network — and the demonstration was impressive. "My career was destroyed in the Army," said McMoneagle, who joined in 1964. He said he knew when he first joined the Stargate project — which was then called Grillflame — in 1978 that he would never again be taken seriously for any other job in the military. But he felt the assignment was too important to national security to decline. The government was ... using remote viewers, about 15 of them, who operated under strict guidelines developed in the laboratories at SRI International, a California contractor, to provide additional information to be used in conjunction with intelligence gathered by satellites or spies or any other traditional means. Research has shown that remote viewing works 14 percent of the time or more. He said, "There is a huge percentage of intelligence collection systems that don't do as well." He helped the Army locate hostages in Iran. He said he predicted almost precisely where Skylab was going to fall, 11 months before the spacecraft returned to Earth in 1979.

Note: The U.S. government completely denied the existence of this program for decades. For a free copy of this entire, fascinating article, click here. For a four-minute newscast video showing how remote viewing works, click here. For an excellent, albeit overly dramatized documentary on remote viewing, click here.




Tapes Depict Proposal to Thwart Bomb Used in Trade Center Blast
1993-10-28, New York Times
http://select.nytimes.com/search/restricted/article?res=F00617FE3A5C0C7B8EDDA...

Law-enforcement officials were told that terrorists were building a bomb that was eventually used to blow up the World Trade Center. The informer was to have helped the plotters build the bomb and supply the fake powder, but the plan was called off by an F.B.I. supervisor who had other ideas about how the informer, Emad A. Salem, should be used. The account, which is given in the transcript of hundreds of hours of tape recordings Mr. Salem secretly made of his talks with law-enforcement agents, portrays the authorities as in a far better position than previously known to foil the Feb. 26 bombing of New York City's tallest towers. The explosion left six people dead, more than 1,000 injured and damages in excess of half a billion dollars. The transcript quotes Mr. Salem as saying that he wanted to complain to F.B.I. headquarters in Washington about the bureau's failure to stop the bombing, but was dissuaded by an agent identified as John Anticev. "He said, I don't think that the New York people would like the things out of the New York office to go to Washington, D.C." Another agent ... does not dispute Mr. Salem's account, but rather, appears to agree with it. Other Salem tapes and transcripts were being withheld pending Government review, of "security and other issues." William M. Kunstler, a defense lawyer in the case, accused the Government this week of improper delay in handing over all the material. The transcripts he had seen, he said, "were filled with all sorts of Government misconduct." But citing the judge's order, he said he could not provide any details.

Note: If the above link fails, click here. For a two-minute CBS News clip the same day giving more information on this little-known story, click here.




US Navy tested mustard gas on its own sailors
1993-03-14, The Independent (One of the UK's leading newspapers)
http://www.independent.co.uk/news/world/us-navy-tested-mustard-gas-on-its-own...

Fifty years ago, the US Navy locked 17-year-old Glenn Jenkins into a gas chamber within sight of the dome of the US Capitol in Washington. It then poisoned him with mustard and lewisite (arsenic) gas. He never recovered his good health. Nathan Schnurman, another 17-year-old, was asked to test summer uniforms for the navy. He was locked in a small hut heated by a furnace and with a door that could be opened only from the outside. When something went wrong with his mask, he asked over the intercom to come out, but was refused. He vomited into his mask, passed out and had a heart attack. The plight of Mr Jenkins, Mr Schnurman and 2,500 other sailors who were used in what the navy called 'man break' experiments with poison gas, has remained a secret for five decades. Only last week, under pressure from the victims, did the Pentagon agree to let them tell their stories. Many, who had been told that the Espionage Act would be used against them, did not even tell their doctors what had happened. All the survivors, now in their late sixties, tell similar stories. The navy not only volunteered its own men, but for decades after the war also refused to compensate them for crippling injuries. [And] the experiments were for nothing. Mustard gas was used just once in the Second World War by the Allies, and then by accident.

Note: The military has repeatedly condoned horrendous research on live subjects. For a revealing list of highly unethical experimentation on human over the past 75 years, click here. For a concise summary of the government's secret quest to control the mind and human behavior no matter what the cost, click here.




CIA Brainwashing Suit Settled
1988-10-05, Chicago Tribune
http://pqasb.pqarchiver.com/chicagotribune/access/24835384.html?dids=24835384...

Eight elderly Canadians who were victims of CIA-funded brainwashing experiments in the 1950s reached a tentative out-of-court settlement Tuesday in their multimillion-dollar damage suit against the U.S. spy agency. The Canadian plaintiffs, who say they suffered permanent mental and physical damage as a result of the bizarre experiments performed on them at a Montreal psychiatric hospital, will divide a $750,000 payment among them, according to their attorney, James Turner. The Canadians, all patients of the late Dr. Ewen Cameron at Montreal's Allan Memorial Institute in the late 1950s, were injected with repeated doses of mind-altering LSD, deprived of sleep, subjected to massive electroshock treatments and forced to listen to thousands of repetitions of taped messages taken from the most sensitive moments of their therapy sessions.

Note: Dr. Cameron was once President of the American and World Psychiatric Associations. For more on the severe abuses of doctors in serving the CIA's mind control programs, click here. For lots more reliable, verifiable information on CIA mind control experiments and programs, click here. The link above provides this abstract of the complete article, which can be accessed by payment of a small fee.




Above Their Own Laws
1988-05-23, Time Magazine
http://www.time.com/time/magazine/article/0,9171,967427,00.html

By one count, only 61 of the 2,500 senior policy staff members working for the Senate are black. There are, however, no exact records -- because Congress has exempted itself from equal-opportunity and affirmative-action laws. -- House Speaker Jim Wright's office catches fire, but there are no sprinklers. The laws requiring them do not apply to the Capitol or other federal buildings. -- A controversy erupts over dangerous working conditions in the Capitol's mail-folding room, where newsletters are processed. Congress does not fall under the occupational safety and health (OSHA) regulations that bedevil other employers. -- Legislators are about to decide whether to raise the federal minimum-wage level for the first time in seven years. At the moment, however, the minimum-wage laws do not protect the 15,000 people who work for Congress. -- Michael Deaver and Lyn Nofziger face jail terms because their lobbying ran afoul of the Ethics in Government Law. Congressmen and their staffers who become lobbyists and do the same things have no fear: the law does not apply to them. Congress's attitude, says Senator John Glenn, "is the rankest form of hypocrisy. Laws that are good enough for everybody else ought to be good enough for us." Instead, Congress has exempted itself from a broad array of laws covering civil rights, minimum wages, and safety requirements and discrimination. "Congress would exempt itself from the laws of gravity if it could," says Illinois Congressman Henry Hyde.

Note: The fact that Congress exempts itself from its own laws is one of the major sources of corruption in the US. For lots more from reliable sources on government corruption, 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.




The CIA and the Media
1977-10-20, Website of Pulitzer Prize Winning Journalist Carl Bernstein
http://carlbernstein.com/magazine_cia_and_media.php

In 1953, Joseph Alsop, then one of America’s leading syndicated columnists, went to the Philippines to cover an election. He did not go because he was asked to do so by his syndicate. He did not go because he was asked to do so by the newspapers that printed his column. He went at the request of the CIA. Alsop is one of more than 400 American journalists who in the past twenty-five years have secretly carried out assignments for the Central Intelligence Agency, according to documents on file at CIA headquarters. Journalists provided a full range of clandestine services—from simple intelligence gathering to serving as go-betweens with spies in Communist countries. Reporters shared their notebooks with the CIA. Editors shared their staffs. Some of the journalists were Pulitzer Prize winners, distinguished reporters who considered themselves ambassadors-without-portfolio for their country. Most were less exalted: foreign correspondents who found that their association with the Agency helped their work; stringers and freelancers who were as interested in the derring-do of the spy business as in filing articles; and, the smallest category, full-time CIA employees masquerading as journalists abroad. In many instances, CIA documents show, journalists were engaged to perform tasks for the CIA with the consent of the managements of America’s leading news organizations.

Note: To understand how the CIA and others manipulate the major media is in its news coverage, see the brilliant summary of the work of 20 award-winning journalists on this key topic at this link.




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.




Declassified Memorandum to FBI Director: Flying Saucers
1950-03-22, Website of FBI
http://vault.fbi.gov/hottel_guy/Guy%20Hottel%20Part%201%20of%201/view

An investigator for the Air Forces stated that three so-called flying saucers had been recovered in New Mexico. They were described as being circular in shape with raised centers, approximately 50 feet in diameter. Each one was occupied by three bodies of human shape but only three feet tall, dressed in metallic cloth of a very fine texture. Each body was bandaged in a manner similar to the blackout suits used by speed fliers and test pilots. The saucers were found in New Mexico due to the fact that the Government has a very high powered radar set-up in that area and it is believed the radar interferes with the controlling mechanism of the saucers.

Note: Download this amazing document and view it on our website at this link. For an ABC news article discussing this, click here. Another FBI document shows FBI chief J. Edgar Hoover wanted "full access to discs recovered" at Roswell. For numerous highly revealing major media reports presenting strong evidence on UFOs, click here. For other reliable and inspiring information on this topic, visit our UFO Information Center.




Ford Sees Wealth in Muscle Shoals: Edison Backs Him Up
1921-12-06, New York Times
http://query.nytimes.com/mem/archive-free/pdf?_r=3&res=9C04E0D7103EEE3ABC4E53...

Henry Ford [is] convinced that if Congress will complete and lease to him the water-power developments [at Muscle Shoals], he can make this whole section of the South more prosperous. Thomas A. Edison indorsed Mr. Ford’s views. He is very earnest in his support of Ford’s [proposal] to finance Muscle Shoals by an issue of currency ... directly by the Government. "If our nation can issue a dollar bond, it can issue a dollar bill," said Mr. Edison. "[When Congress authorizes] an issue of bonds, it must go out to the money brokers. We then must pay interest to the money brokers for the use of our own money. In all our great bond issues, the interest is always greater than the principal. All of the great public works cost more than twice the actual cost on that account. The difference between the bond and the bill is that the bond lets the money brokers collect twice the amount of the bond ... whereas the currency pays nobody but those who directly contribute. Both are promises to pay: but one promise fattens the usurer, and the other helps the people. It is the money broker, the money profiteer, the private banker, that I oppose. It is a terrible situation when the Government ... must go into debt and submit to ruinous interest charges at the hands of men who control the [issuance of currency]. The people must pay any way: why should they be compelled to pay twice as the bond system compels them? [If] Government will adopt this policy of increasing its national wealth without contributing to the interest collector ... you will see an era of progress and prosperity in this country such as could never have come otherwise.” Mr. Edison reiterated his belief [that if] the currency method is tried in raising money for public improvements, the country will never go back to the borrow method.

Note: If the above link fails, you can read the a copy of the full, fascinating article at this link or this one. The entire article contains lots of amazing revelations of how big bankers keep us in debt. How fascinating that Ford and Edison, both ultra-wealthy businessmen, here are arguing strongly against the privately owned Federal Reserve system through which private bankers print US money and charge interest on it, and for the US government printing its own money. This would avoid US citizens having to pay the big bankers all of the interest on much of the national debt. For lots of evidence to support this way of thinking, click here.




FBI tracking videotapers as terrorists?
2011-12-29, Los Angeles Times
http://www.latimes.com/news/local/environment/la-me-gs-fbi-tracking-animal-vi...

The FBI’s Joint Terrorism Task Force has recommended for many years that animal activists who carry out undercover investigations on farms could be prosecuted as domestic terrorists. New documents obtained through a Freedom of Information Act request by activist Ryan Shapiro show the FBI advising that activists – including Shapiro – who walked onto a farm, videotaped animals there and “rescued” an animal had violated terrorism statutes. The documents ... were issued by the Joint Terrorism Task Force in 2003 in response to an article in an animal rights publication in which Shapiro and two other activists (whose names were redacted from the document), openly claimed responsibility for shooting video and taking animals from a farm. The FBI notes discuss the videotaping, illegal entry and the removal of animals, then concludes with “there is a reasonable indication that [Subject 1] and other members of the [redacted] have violated the Animal Enterprise Terrorism Act, 18 USC Section 43 (a).” The penalties for such a conviction can include terrorism enhancements which can add decades to a sentence. “It’s simply outrageous to consider civil disobedience as terrorism,” Shapiro [said]. “Civil disobedience is not terrorism. It has a long and proud place in our nation’s history, from Martin Luther King to Occupy Wall Street, and the [Animal Enterprise Terrorism Act] takes that kind of advocacy that we celebrate from the civil rights movement and turns it into a terrorist event.”

Note: As the Animal Enterprise Terrorism Act shows, the animal experimentation lobby has demonstrated its considerable clout by getting Congress to pass legislation making principled demonstrations against animal torture and killing into a form of "terrorism". Do you think that Wall Street might lobby for a similar law making "terrorists" out of Occupiers?




Alarm as Dutch lab creates highly contagious killer flu
2011-12-20, The Independent (One of the UK's leading newspapers)
http://www.independent.co.uk/news/science/alarm-as-dutch-lab-creates-highly-c...

A deadly strain of bird flu with the potential to infect and kill millions of people has been created in a laboratory by European scientists – who now want to publish full details of how they did it. Some scientists are questioning whether the research should ever have been undertaken in a university laboratory, instead of at a military facility. For the first time the researchers have been able to mutate the H5N1 strain of avian influenza so that it can be transmitted easily through the air in coughs and sneezes. Until now, it was thought that H5N1 bird flu could only be transmitted between humans via very close physical contact. Dutch scientists carried out the controversial research to discover how easy it was to genetically mutate H5N1 into a highly infectious "airborne" strain of human flu. They believe that the knowledge gained will be vital for the development of new vaccines and drugs. But critics say the scientists have endangered the world by creating a highly dangerous form of flu which could escape from the laboratory. The H5N1 strain of avian influenza has killed hundreds of millions of birds since it first appeared in 1996, but has so far infected only about 600 people who came into direct contact with infected poultry. What makes H5N1 so dangerous, though, is that it has killed about 60 per cent of those it has infected, making it one of the most lethal known forms of influenza in modern history – a deadliness moderated only by its inability (so far) to spread easily through airborne water droplets.

Note: For key major media reports revealing manipulation around both the avian and swine flus, click here. For solid evidence that Lyme disease originated in a secret government germ laboratory, click here.




Wall Street shenanigans fuel public distrust
2011-12-18, San Francisco Chronicle (San Francisco's leading newspaper)
http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2011/12/17/IN5N1MBT60.DTL

Wall Street is its own worst enemy. It's busily shredding new regulations and making the public more distrustful than ever. The Street's biggest lobbying groups have just filed a lawsuit against the Commodities Futures Trading Commission, seeking to overturn its new rule limiting speculative trading in food, oil and other commodities. The Street makes bundles from these bets, but they have raised costs for consumers. In other words, a small portion of what you and I pay for food and energy has been going into the pockets of Wall Street. Just another redistribution from the middle class and the poor to the top. The Street argues that the commission's cost-benefit analysis wasn't adequate. Putting the question into the laps of federal judges gives the Street a huge tactical advantage because the Street has almost an infinite amount of money to hire so-called "experts" who will say benefits have been exaggerated and costs underestimated. But when it comes to regulating Wall Street, one big cost doesn't make it into any individual weighing: the public's mounting distrust of the entire economic system, generated by the Street's repeated abuse of the public's trust. Wall Street's shenanigans have convinced a large portion of America that the economic game is rigged. Wall Street has blanketed America in a miasma of cynicism.

Note: The author of this analysis, Robert Reich, is a former U.S. secretary of labor, is professor of public policy at UC Berkeley and the author of Aftershock: The Next Economy and America's Future. He blogs at www.robertreich.org.




Congress: Trading stock on inside information?
2011-11-13, CBS News 60 Minutes
http://www.cbsnews.com/8301-18560_162-57323527/congress-trading-stock-on-insi...

Washington, D.C. is a town that runs on inside information - but should our elected officials be able to use that information to pad their own pockets? Members of Congress and their aides have regular access to powerful political intelligence, and many have made well-timed stock market trades in the very industries they regulate. For now, the practice is perfectly legal, but some say it's time for the law to change. Few of them are doing it for the salary and all of them will say they are doing it to serve the public. But there are other benefits: Power, prestige, and the opportunity to become a Washington insider with access to information and connections that no one else has, in an environment of privilege where rules that govern the rest of the country, don't always apply to them. Most former congressmen and senators manage to leave Washington - if they ever leave Washington - with more money in their pockets than they had when they arrived. Congressional lawmakers have no corporate responsibilities and have long been considered exempt from insider trading laws, even though they have daily access to non-public information and plenty of opportunities to trade on it.

Note: According to a New York Times article, U.S. "Senators' stocks beat the market by 12 percent," while "the average household's portfolio underperformed the market by 1.44 per cent a year." To watch this revealing 15-minute piece on CBS 60 Minutes, click here. For key reports from reliable sources on government corruption, click here.




White House does damage control after Sarkozy-Obama exchange
2011-11-09, Los Angeles Times
http://www.latimes.com/news/politics/la-pn-obama-sarkozy-20111109,0,2922780.s...

The White House is suggesting that President Obama hasn’t damaged his relationship with Israeli Prime Minister Benjamin Netanyahu, following an embarrassing moment in France last week when he was overheard making dismissive remarks about the Israeli leader. As fallout from the episode mounts, the White House had been saying little about the exchange between Obama and his French counterpart, Nicolas Sarkozy, at the G20 summit in Cannes. The two men were speaking in private, apparently unaware that their microphones were still on. “I can’t stand to see him anymore, he’s a liar,’’ Sarkozy told Obama, according to a French translation of the exchange. “You are fed up with him, but me, I have to deal with him every day,’’ Obama replied. Briefing reporters at the White House on Wednesday, Ben Rhodes, a spokesman for the National Security Council, took a question about the flap. Obama “has a very close working relationship with Prime Minister Netanyahu,’’ Rhodes said. “They speak very regularly.’’ Indeed, Rhodes said, Obama has “probably spent more time one on one’’ with Netanyahu than with any other world leader. Most of what happens at international summit meetings is off limits to the public. So the Obama-Sarkozy exchange is being treated as a rare window into the unvarnished thinking of two world leaders.

Note: For more on this story from the BBC, click here.




Group of moms defies U.S. law in raw milk protest
2011-11-02, San Francisco Chronicle (San Francisco's leading newspaper)
http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2011/11/01/MNRG1LP5LU.DTL

A self-described "caravan of criminal mothers" defied federal law [on November 1] by transporting raw milk across state lines from a Pennsylvania farm and drinking it in front of the Food and Drug Administration headquarters in Maryland. "It's totally natural for me as a parent to want to feed my children good food that makes them healthy," said Liz Reitzig, 31, a mother of five in Bowie, Md., who organized the protest. "In this case that is fresh, clean, raw milk from farmers we know and trust. The idea that we become criminals for engaging in that transaction is what is so appalling." The protesters, numbering about 100, ... drove in from as far away as Illinois and Kentucky to denounce government tyranny, corporate cabals and the "agricultural-industrial complex," promising more protests and civil disobedience. The FDA considers it "perfectly safe to feed your kids Mountain Dew, Twinkies and Cocoa Puffs, but it's unsafe to feed them raw milk, compost-grown tomatoes and Aunt Matilda's pickles," said Joel Salatin, the Virginia farmer made famous by the documentary "Food, Inc.," who joined the protesters. The protest sprang from an FDA sting operation on Amish farmer Dan Allgyer's tiny dairy of three dozen cows in Kinzer, Pa., that culminated in a predawn raid on the farm last year. Allgyer had been selling milk to consumers in Maryland who had formed a buying club. None of Allgyer's milk was contaminated. His alleged crime was selling it across state lines.

Note: For a great video of the raw milk freedom riders, click here. For key reports from reliable sources on government attacks on civil liberties, click here.





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