Government Corruption News Stories
Excerpts of Key Government Corruption News Stories in Major Media
Below are many highly revealing excerpts of important government corruption news stories reported in the major media that suggest a major cover-up.
Links are provided to the full stories on their mainstream media websites. If any link should fail to function, click here
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This comprehensive list of government corruption news stories is usually updated once a week
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Election Spurred a Move to Codify U.S. Drone Policy
2012-11-25, New York Times
Posted: 2012-11-27 09:33:27
[There have been] more than 300 drone strikes and some 2,500 people killed by the Central Intelligence Agency and the military since Mr. Obama first took office. Mr. Obama and his advisers are still debating whether remote-control killing should be a measure of last resort against imminent threats to the United States, or a more flexible tool, available to help allied governments attack their enemies or to prevent militants from controlling territory. Though publicly the administration presents a united front on the use of drones, behind the scenes there is longstanding tension. The administration is still pushing to make the rules formal and resolve internal uncertainty and disagreement about exactly when lethal action is justified. The Defense Department and the C.I.A. continue to press for greater latitude to carry out strikes. The administration’s legal reasoning has not persuaded many other countries that the strikes are acceptable under international law. For years before the Sept. 11, 2001, attacks, the United States routinely condemned targeted killings of suspected terrorists by Israel, and most countries still object to such measures. Partly because United Nations officials know that the United States is setting a legal and ethical precedent for other countries developing armed drones, the U.N. plans to open a unit in Geneva early next year to investigate American drone strikes.
Note: For deeply revealing reports from reliable major media sources on atrocities carried out by the US in its illegal wars of aggression in the Middle East, Asia and Africa, click here.
US battles Iraq and Afghanistan over detention without charges
2012-11-20, The Guardian (One of the UK's leading newspapers)
Posted: 2012-11-27 09:31:55
For several decades, the US government - in annual "human rights" reports issued by the State Department (reports mandated by the US Congress) - has formally condemned nations around the globe for the practice of indefinite detention: imprisoning people without charges or any fixed sentence. [The] 2011 report condemned numerous nations for indefinite detention, including Libya ("abuse and lack of review in detention"), Uzbekistan ("arbitrary arrest and detention"), Syria ("arbitrary arrest and detention"), and Iran ("Authorities held detainees, at times incommunicado, often for weeks or months without charge or trial"). In Afghanistan and Iraq, the US government is engaged in a fierce and protracted battle over the fundamental right to be free of indefinite detention. Specifically, the US is demanding that the governments of those two nations cease extending this right to their citizens. The US has long been demanding that the Afghan government continue the American practice of indefinite detention without charges, and still presses this demand even after the top Afghan court in September ruled that such detentions violate Afghan law. Human rights workers in Afghanistan have long pointed out that America's practice of imprisoning Afghans without charges is a major source of anti-American sentiment in the country.
Note: For deeply revealing reports from reliable major media sources on war crimes carried out by the US in its illegal wars of aggression in the Middle East, Asia and Africa, click here.
Bradley Manning deserves Americans' support for military whistleblowing
2012-11-16, The Guardian (One of the UK's leading newspapers)
Posted: 2012-11-27 09:30:08
Last week, PFC Bradley Manning offered to accept responsibility for releasing classified documents as an act of conscience – not as charged by the US military. The military under the Obama administration has displayed a desire to over-prosecute whistleblowing with life-in-prison charges including espionage and "aiding the enemy", a disturbing decision which is no doubt intended to set an example. With today's advanced military technology and the continued ability of business and political elites to filter what information is made public, there exists a great barrier to many citizens being fully aware of the realities and consequences of conflicts in which their country is engaged. Responsible governance requires fully informed citizens who can question their leadership. For those citizens worldwide who do not have direct, intimate knowledge of war, yet are still affected by rising international tensions and failing economies, WikiLeaks releases attributed to Bradley Manning have provided unparalleled access to important facts. Revealing covert crimes in Iraq and Afghanistan and corporations' pervasive influence in governance, this window into the realities of modern international relations has changed the world for the better. Bradley Manning ... went through a profound moral struggle between the time he enlisted and when he became a whistleblower. Through his experience in Iraq, witnessing suffering of innocent civilians and soldiers alike, he became disturbed by top-level policy that undervalued human life. Like other courageous whistleblowers, he was driven foremost by a desire to reveal the truth.
Note: For further information, visit the Bradley Manning Support Network. For deeply revealing reports from reliable major media sources on military corruption, click here.
Phone hacking scandal: Ex-confidants of U.K. PM charged with illegal payments to government officials
2012-11-20, Toronto Star (One of Toronto's leading newspapers)
Posted: 2012-11-27 09:28:40
Two former confidants of Britain’s prime minister have been charged with conspiring to pay public officials in exchange for stories and information — the latest development in the country’s establishment-shaking scandal over media malfeasance. Britain’s Crown Prosecution Services [said] that former tabloid editors Andy Coulson and Rebekah Brooks were among five people being charged with conspiracy to commit misconduct in public office. Prosecutors said that Brooks, a neighbour, close friend, and political ally of Prime Minister David Cameron, conspired with journalist John Kay to funnel as much as £100,000 ($160,000) to Ministry of Defence employee Bettina Jordan Barber in return for seven years of stories that were published in Murdoch’s The Sun newspaper. The allegations cover 2004 to 2011, when Brooks was editor of The Sun and then in charge of News International, the parent company of Rupert Murdoch’s media empire. The prosecutors alleged that Coulson, who until last year served as Cameron’s top press aide, conspired in 2005 with former royal reporter Clive Goodman to pay officials for access to a royal phone directory known as the “Green Book.” The confidential directory includes home and office numbers for senior royals including two of Queen Elizabeth’s children, Prince Edward and Princess Anne, as well as the landline, office and mobile numbers of the royal household staff, the Telegraph reported.
Note: For deeply revealing reports from reliable major media sources on media corruption, click here.
SEC Rocked By Lurid Sex-and-Corruption Lawsuit
2012-11-19, Rolling Stone blog
Posted: 2012-11-27 09:27:07
Move over, adulterous generals. It might be time to make way for a new sexual rats' nest – at America's top financial police agency, the SEC. In a salacious 77-page complaint ... David Weber, the former chief investigator for the SEC Inspector General's office, accuses the SEC of retaliating against Weber for coming forward as a whistleblower. According to this lawsuit, Weber was made a target of [retaliation] after he came forward with concerns that his bosses may have been spending more time copulating than they were investigating the SEC. Weber claims that in recent years, while the SEC Inspector General's office has been attempting to investigate the agency's seemingly-negligent responses in such matters as the Bernie Madoff case and the less-well-known (but nearly as disturbing) Stanford Financial Ponzi scandal, two of the IG office's senior officials – former Inspector General David Kotz and his successor, Noelle Maloney – were sleeping together. Weber also claims that Kotz was also having an affair with a lawyer representing a key group of Stanford victims, a Dr. Gaytri Kachroo. Weber claims that Maloney last year refused to meet with Kachroo as part of the Stanford investigation. By then, Kotz had stepped down as SEC IG and Maloney had replaced him as Acting IG. Weber was fired on October 31st. Apparently he has decided not to take the firing quietly. "When David Weber began to uncover the depth of dysfunction at the SEC, they fired him," his attorney Cary Hansel said. "He has no intention of being silenced by threats and false allegations."
Note: We don't normally use Rolling Stone as a source, but this important story has not been covered elsewhere in the major media.
HSBC Investigation: clients of Britain's biggest bank exposed
2012-11-15, The Telegraph (One of the UK's leading newspapers)
Posted: 2012-11-19 14:35:28
Britain’s biggest bank is at the centre of a major ... investigation after it opened offshore accounts in Jersey for serious criminals living in this country. Tax authorities have obtained details of every British client of HSBC in Jersey after a whistleblower secretly provided a detailed list of names, addresses and account balances earlier this week. Among those identified on the list are Daniel Bayes, a drug dealer who is now in Venezuela; Michael Lee, who was convicted of possessing more than 300 weapons at his house in Devon; three bankers facing major fraud allegations and a man once dubbed London’s “number two computer crook”. The disclosures raise serious questions about HSBC’s procedures in Jersey, with the bank already preparing to pay fines of around $1.5 billion in America for breaking money laundering rules. The bank is legally obliged to report to the authorities any suspicions about the source of money deposited in its accounts. The list identifies 4,388 people holding £699 million in offshore current accounts and they are also likely to have billions of pounds more in investment schemes. Several celebrities and other well-known figures are understood to be identified in the client data. The HSBC Jersey client list is understood to be heavily dominated by senior figures in the City. Dozens of bankers are understood to have deposited six-figure sums offshore with some institutions said to have “clusters” of employees taking advantage of the accounts. Doctors, mining and oil executives and oil workers are also heavily represented in the list.
Note: For deeply revealing reports from reliable major media sources on financial corruption and criminality, click here.
FBI's abuse of the surveillance state is the real scandal needing investigation
2012-11-13, The Guardian (One of the UK's leading newspapers)
Posted: 2012-11-19 14:34:13
The Petraeus scandal is receiving intense media scrutiny. Several of the emerging revelations are genuinely valuable, particularly those involving the conduct of the FBI and the reach of the US surveillance state. The FBI investigation began when Jill Kelley - a Tampa socialite friendly with Petraeus (and apparently very friendly with Gen. John Allen, the four-star U.S. commander of the war in Afghanistan) - received a half-dozen or so anonymous emails that she found vaguely threatening. She then informed a friend of hers who was an FBI agent, and a major FBI investigation was then launched that set out to determine the identity of the anonymous emailer. What is most striking is how sweeping, probing and invasive the FBI's investigation then became, all without any evidence of any actual crime - or the need for any search warrant. The FBI traced all of [Paula] Broadwell's physical locations, learned of all the accounts she uses, ended up reading all of her emails, investigated the identity of her anonymous lover (who turned out to be Petraeus), and then possibly read his emails as well. They also discovered "alleged inappropriate communication" to Kelley from Gen. Allen, who is not only the top commander in Afghanistan but was also just nominated by President Obama to be the Commander of US European Command and Supreme Allied Commander Europe (a nomination now "on hold"). This is a surveillance state run amok. It also highlights how any remnants of internet anonymity have been all but obliterated by the union between the state and technology companies.
Note: For deeply revealing reports from reliable major media sources on government surveillance, click here.
Sense of entitlement behind military ethics scandals?
2012-11-14, USA Today
Posted: 2012-11-19 14:32:47
Three of the military's most senior leaders are embroiled in ethics scandals. The latest, Marine Gen. John Allen, the top commander in Afghanistan, is under investigation for more than 20,000 pages of material including e-mails sent to Jill Kelley, the woman involved in the scandal that forced David Petraeus to resign as CIA director. Allen succeeded Petraeus in Kabul. An Associated Press report ... called the e-mails "flirtatious." Experts speculate that these lapses stem from the sense of entitlement in the upper reaches that exists not just in the armed services. "It's an old narrative that those at the top often become poisoned by their power," said Peter Singer, director of the 21st Century Defense Initiative at the Brookings Institution. Two other members of the top brass face ethics probes of their own. Adm. James Stavridis, head of European Command, was criticized last week in an Pentagon inspector general report that cited his use of military aircraft for personal business, including a trip to a Burgundy wine-tasting society. Earlier this year, Army Gen. William "Kip" Ward, then head of U.S. Africa Command, was hammered by another inspector general report for lavish travel and improper use of military transportation and staff. The report said Ward and his wife had staff pick up their laundry and do their shopping. [Allen] had been scheduled for a Senate confirmation hearing this week for his new post: succeeding Stavridis as chief of European Command. That hearing has been postponed.
Note: For deeply revealing reports from reliable major media sources on military corruption, click here.
CNN claims Iran shot at a US drone, revealing the news network's mindset
2012-11-08, The Guardian (One of the UK's leading newspapers)
Posted: 2012-11-13 11:07:24
Barbara Starr, CNN's Pentagon reporter (more accurately known as: the Pentagon's reporter at CNN), has an exciting exclusive today. Exclusively relying upon "three senior officials" in the Obama administration (all anonymous, needless to say), ... the CNN report on this incident is revealing indeed. Every paragraph - literally - contains nothing but mindless summaries of the claims of US government officials. There is not an iota of skepticism about any of the assertions, including how this incident happened, what the drone was doing at the time, or where it took place. Most notably, CNN does not even bother with the pretense of trying to include the claims of the Iranian government about what happened. There is no indication that the self-described news outlet even made an effort to contact Tehran to obtain their rendition of these events or even confirmation that it occurred. It simply regurgitates the accusations of anonymous US officials that Iran, with no provocation, out of the blue decided to shoot at a US drone in international airspace. (Although CNN does not mention it, last December Iran shot down a US drone which, it claims (and the US does not deny) was in Iranian air space). That CNN's prime mission is to serve the US government is hardly news. [The Christian Science Monitor, however, noted]: "There was no way to independently confirm the Pentagon's account, and correct facts have not always been initially forthcoming in past US-Iran incidents in the Persian Gulf." It then detailed several historical events when the US government's claims about Iran were proven to be false.
Note: Iran denies that the drone was in international airspace, as claimed by the US. For more on this, click here.
Dark Money: The Rise of Outside Spending in 2012
2012-11-01, Time Magazine
Posted: 2012-11-08 09:55:17
The moneymen behind the outfit spending the most on the Medicare attack ads ... will not show their faces. The money is being spent through a Washington-based group, Americans for Tax Reform (ATR), that calls itself a “social welfare” nonprofit, so it does not need to reveal its donors to the public. This sort of thing has been happening a lot this year in House and Senate races around the country. Candidates have found their modest war chests, filled with checks for $2,500 or less, swamped by outside groups, which have no limits on the donations they can collect. In all, more than $800 million was spent through mid-October on election ads by outside groups, according to the Center for Responsive Politics. Of that total, nearly 1 in 4 dollars is so-called dark money, meaning the identities of the donors remain a secret. Voters watching TV, listening to the radio or receiving direct-mail appeals know only the names of the front organizations that bought the ads. In the past two years, American politics has been transformed by a surge in spending. One fact tells the story: explicit political-ad spending by outside groups in 2012 is on track to double the combined total spent by outside groups in each of the four elections since 2002. Ads purchased with untraceable money tend to be among the most vicious. Nearly 9 in 10 dark-money spots are negative, and an analysis by the Annenberg Public Policy Center found that 26% of the ads are deceptive. Almost all of it — 83%, according to one review — has been directed against Democrats.
Note: For deeply revealing reports from reliable major media sources on the corruption of the US electoral system, click here.
When corporations bankroll politics, we all pay the price
2012-10-29, The Guardian (One of the UK's leading newspapers)
Posted: 2012-11-08 09:53:36
It's a revolting spectacle: the two presidential candidates engaged in a frantic and demeaning scramble for money. By 6 November, Barack Obama and Mitt Romney will each have raised more than $1bn. Other groups have already spent a further billion. Every election costs more than the one before; every election, as a result, drags the United States deeper into cronyism and corruption. Is it conceivable, for instance, that Romney, whose top five donors are all Wall Street banks, would put the financial sector back in its cage? Or that Obama, who has received $700,000 from both Microsoft and Google, would challenge their monopolistic powers? Or, in the Senate, that the leading climate change denier James Inhofe, whose biggest donors are fossil fuel companies, could change his views, even when confronted by an overwhelming weight of evidence? The US feeding frenzy shows how the safeguards and structures of a nominal democracy can remain in place while the system they define mutates into plutocracy. Despite perpetual attempts to reform it, US campaign finance is now more corrupt and corrupting than it has been for decades. It is hard to see how it can be redeemed. If the corporate cronies and billionaires' bootlickers who currently hold office were to vote to change the system, they'd commit political suicide. We should see this system as a ghastly warning of what happens if a nation fails to purge the big money from politics.
Note: For deeply revealing reports from reliable major media sources on the corruption of the US electoral system, click here.
Racketeering and Money Laundering Lawsuit Seeking Return of $43 Trillion to the United States Treasury
2012-10-25, MarketWatch/Wall Street Journal
Posted: 2012-11-08 09:52:20
Spire Law Group's national home owners' lawsuit [is] the largest money laundering and racketeering lawsuit in United States history, identifying $43 trillion of laundered money. [In] the federal lawsuit now [pending] in the United States District Court in Brooklyn, New York ... plaintiffs now establish the location of the $43 trillion of laundered money in a racketeering enterprise. [The] mass tort action [seeks] to halt all foreclosures nationwide pending the return of the $43 trillion, an audit of the Fed and audits of all the "bailout programs." The epicenter of this laundering and racketeering enterprise has been and continues to be Wall Street and continues to involve the very "Banksters" located there who have repeatedly asked in the past to be "bailed out" and to be "bailed out" in the future. The Havens for the money laundering schemes ... are located in such venues as Switzerland, the Isle of Man, Luxembourg, Malaysia, Cypress and [other entities] identified in both the United Nations and the U.S. Senate's recent reports on international money laundering. The case further alleges that through these obscure foreign companies, Bank of America, J.P. Morgan, Wells Fargo Bank, Citibank, Citigroup, One West Bank, and numerous other federally chartered banks stole trillions of dollars of home owners' and taxpayers' money during the last decade and then laundered it through offshore companies.
Note: CNBC also reported this astonishing news. Yet within hours the original page for the article was taken down, and CNBC senior vice president Kevin Krim received news that his children were killed under very suspicious circumstances. Could this have been a strong warning? For more in this, click here. For deeply revealing reports from reliable major media sources on financial corruption, click here.
Top Bank of England director admits Occupy movement had a point
2012-10-29, The Independent (One of the UK's leading newspapers)
Posted: 2012-11-08 09:50:45
The Occupy movement received vindication from an unlikely source tonight, as a senior executive at the Bank of England credited it with stirring a “reformation of finance”. Andrew Haldane, executive director of financial stability, said Occupy protesters had been “both loud and persuasive”, and had attracted public support because “they are right”. “Some have suggested … that Occupy’s voice has been loud but vague, long on problems, short on solutions. Others have argued that the fault-lines in the global financial system, which chasmed during the crisis, are essentially unaltered, that reform has failed,” Mr Haldane said. “I wish to argue that both are wrong – that Occupy’s voice has been both loud and persuasive and that policymakers have listened and are acting in ways which will close those fault-lines. In fact, I want to argue that we are in the early stages of a reformation of finance, a reformation which Occupy has helped stir.” Speaking at an Occupy Economics event in central London, Mr Haldane said that Occupy had been “successful in its efforts to popularise the problems of the global financial system for one very simple reason: they are right.” He added that protesters ... “touched a moral nerve in pointing to growing inequities in the allocation of wealth”. Mr Haldane ended with a direct appeal to activists to continue putting pressure on governments and regulators. He said: “You have put the arguments. You have helped win the debate. And policymakers, like me, will need your continuing support in delivering that radical change.”
Note: For deeply revealing reports from reliable major media sources on financial corruption, click here.
Remote U.S. base at core of secret operations
2012-10-25, Washington Post
Posted: 2012-11-08 09:45:22
Around the clock, about 16 times a day, drones take off or land at a U.S. military base [in Djibouti], the combat hub for the Obama administration’s ... wars in the Horn of Africa and the Middle East. Some of the unmanned aircraft are bound for Somalia. Most of the armed drones, however, veer north across the Gulf of Aden to Yemen. Camp Lemonnier began as a temporary staging ground for U.S. Marines looking for a foothold in the region a decade ago. Over the past two years, the U.S. military has clandestinely transformed it into the busiest Predator drone base outside the Afghan war zone. The Obama administration has gone to extraordinary lengths to conceal the legal and operational details of its targeted-killing program. Increasingly, the orders to find, track or kill [targeted] people are delivered to Camp Lemonnier. Secrecy blankets most of the [500-acre] camp’s activities. In August, the Defense Department delivered a master plan to Congress detailing how the camp will be used over the next quarter-century. About $1.4 billion in construction projects are on the drawing board, including a huge new compound that could house up to 1,100 Special Operations forces, more than triple the current number. Drones will continue to be in the forefront. Today, Camp Lemonnier is the centerpiece of an expanding constellation of half a dozen U.S. drone and surveillance bases in Africa ... from Mali to Libya to the Central African Republic. The U.S. military also flies drones from small civilian airports in Ethiopia and the Seychelles, but those operations pale in comparison to what is unfolding in Djibouti.
Note: For deeply revealing reports from reliable major media sources on the secret and illegal operations of the "global war on terror," click here.
Soldiers win $85m compensation from Iraq war contractor
2012-11-03, The Guardian (One of the UK's leading newspapers)
Posted: 2012-11-08 09:36:20
A jury has ordered an $85m compensation payout by the American military contractor Kellogg Brown and Root ... after finding it guilty of negligence for illnesses suffered by a dozen soldiers who guarded an oilfield water plant during the Iraq war. KBR was ordered to pay $6.2m to each of the soldiers in punitive damages and $850,000 in non-economic damages. During the Iraq war KBR was the engineering and construction arm of Halliburton, the biggest US contractor during the conflict. KBR split from Halliburton in April 2007. The US lawsuit was the first concerning American soldiers' exposure to a toxin at a water plant in southern Iraq. The soldiers have said they suffer from respiratory ailments after their exposure to sodium dichromate and fear that a carcinogen it contains – hexavalent chromium – could cause cancer later in life. The contractor's defence ultimately rested on the fact that it informed the US army of the risks of exposure to sodium dichromate. KBR was tasked with reconstructing the decrepit, scavenged plant just after the March 2003 invasion while troops from the US national guard defended the area. Bags of unguarded sodium dichromate – a corrosive substance used to keep pipes at the water plant free of rust – were ripped open, allowing the substance to spread across the plant and into the air. When KBR was still part of Halliburton it won a large share of Pentagon contracts to build and manage US military bases in Iraq after the 2003 invasion. Its former chief executive, Dick Cheney, was US vice-president.
Bill Moyers talks with [NY Times reporter] David Cay Johnston about Free Lunch
2008-01-08, PBS Bill Moyers Journal
Posted: 2012-11-08 09:10:26
BILL MOYERS: Why do some of the most powerful and privileged people in the country get a free lunch you pay for? You'll find some of the answers [in]: Free Lunch: How the Wealthiest Americans Enrich Themselves at Government Expense (and Stick You with the Bill). The theme of the book as I read it is that not that the rich are getting richer but that they've got the government rigging the rules to help them do it. DAVID CAY JOHNSTON: That's exactly right. And they're doing it in a way that I think is very crucial for people to understand. They're doing it by taking from those with less to give to those with more. We gave $100 million dollars to Warren Buffett's company last year, a gift from the taxpayers. We make gifts all over the place to rich people. Donald Trump benefits from a tax specifically levied by the State of New Jersey for the poor. Part of the casino winnings tax in New Jersey is dedicated to help the poor. But $89 million of it is being diverted to subsidize Donald Trump's casino's building retail space. George Steinbrenner, like almost every owner of a major sports franchise, gets enormous public subsidies. The major sports franchises [make] 100 percent of their profits from subsidies. In fact, if it weren't for these subsidies, the baseball, football, hockey, and basketball enterprises as a whole would be losing hundreds of millions of dollars a year. George Bush owes almost his entire fortune to a tax increase that was funneled into his pocket and into the use of eminent domain laws to essentially legally cheat other people out of their land for less than it was worth to enrich him and his fellow investors.
Note: Watch part of this amazingly revealing interview online at this link. Johnston is a prolific writer with the NY Times; to see a list of his many articles there, click here. For deeply revealing reports from reliable major media sources on financial corruption, click here.
Informant: NYPD Paid Me to 'Bait' Muslims
2012-10-24, ABC News/Associated Press
Posted: 2012-10-30 11:47:02
A paid informant for the New York Police Department's intelligence unit was under orders to "bait" Muslims into saying inflammatory things as he lived a double life, snapping pictures inside mosques and collecting the names of innocent people attending study groups on Islam. Shamiur Rahman, a 19-year-old American of Bangladeshi descent who has now denounced his work as an informant, said police told him to embrace a strategy called "create and capture." He said it involved creating a conversation about jihad or terrorism, then capturing the response to send to the NYPD. For his work, he earned as much as $1,000 a month and goodwill from the police after a string of minor marijuana arrests. Rahman's account shows how the NYPD unleashed informants on Muslim neighborhoods, often without specific targets or criminal leads. Much of what Rahman said represents a tactic the NYPD has denied using. The AP corroborated Rahman's account through arrest records and weeks of text messages between Rahman and his police handler. Informants like Rahman are a central component of the NYPD's wide-ranging programs to monitor life in Muslim neighborhoods since the 2001 terrorist attacks. Police officers have eavesdropped inside Muslim businesses, trained video cameras on mosques and collected license plates of worshippers. Informants who trawl the mosques — known informally as "mosque crawlers" — tell police what the imam says at sermons and provide police lists of attendees, even when there's no evidence they committed a crime. The programs were built with unprecedented help from the CIA.
Note: For deeply revealing reports from reliable major media sources on the games intelligence agencies and units play, click here.
IMF's epic plan to conjure away debt and dethrone bankers
2012-10-21, The Telegraph (One of the UK's leading newspapers)
Posted: 2012-10-30 11:45:32
One could slash private debt by 100pc of GDP, boost growth, stabilize prices, and dethrone bankers all at the same time. It could be done cleanly and painlessly, by legislative command, far more quickly than anybody imagined. The conjuring trick is to replace our system of private bank-created money -- roughly 97pc of the money supply -- with state-created money. Specifically, it means an assault on "fractional reserve banking". If lenders are forced to put up 100pc reserve backing for deposits, they lose the exorbitant privilege of creating money out of thin air. The nation regains sovereign control over the money supply. There are no more bank runs, and fewer boom-bust credit cycles. That at least is the argument [in] the IMF study, by Jaromir Benes and Michael Kumhof, which came out in August and has begun to acquire a cult following around the world. Entitled "The Chicago Plan Revisited", it revives the scheme first put forward by professors Henry Simons and Irving Fisher in 1936 during the ferment of creative thinking in the late Depression. Benes and Kumhof argue that credit-cycle trauma - caused by private money creation - dates deep into history. The original authors of the Chicago Plan were responding to the Great Depression. They believed it was possible to prevent the social havoc caused by wild swings from boom to bust, and to do so without crimping economic dynamism. The benign side-effect of their proposals would be a switch from national debt to national surplus.
Note: This article is an incredible breakthrough in real reporting on the banking sector. It is most highly recommended to read the entire article and then explore our powerful Banking Corruption Information Center.
Attention Disorder or Not, Pills to Help in School
2012-10-09, New York Times
Posted: 2012-10-30 11:29:49
When Dr. Michael Anderson hears about his low-income patients struggling in elementary school, he usually gives them a taste of some powerful medicine: Adderall. The pills boost focus and impulse control in children with attention deficit hyperactivity disorder. Although A.D.H.D is the diagnosis Dr. Anderson makes, he calls the disorder “made up” and “an excuse” to prescribe the pills to treat what he considers the children’s true ill — poor academic performance in inadequate schools. “I don’t have a whole lot of choice,” said Dr. Anderson, a pediatrician for many poor families in Cherokee County, north of Atlanta. “We’ve decided as a society that it’s too expensive to modify the kid’s environment. So we have to modify the kid.” Dr. Anderson is one of the more outspoken proponents of an idea that is gaining interest among some physicians. They are prescribing stimulants to struggling students in schools starved of extra money — not to treat A.D.H.D., necessarily, but to boost their academic performance. It is not yet clear whether Dr. Anderson is representative of a widening trend. But some experts note that as wealthy students abuse stimulants to raise already-good grades in colleges and high schools, the medications are being used on low-income elementary school children with faltering grades and parents eager to see them succeed.
Note: For deeply revealing reports from reliable major media sources on pharmaceutical corruption, click here.
Mystery surrounds graves at boys' reform school
Posted: 2012-10-23 09:52:52
This Florida panhandle town is the home of a mystery that has been lost to time. A small cemetery buried deep into the grounds of a now-defunct boys reform school dates back to the early 1900s. Rusting white steel crosses mark the graves of 31 unidentified former students. Former students said the deaths were at the hands of abusive administrators. A 2009 state investigation determined there was no evidence of criminal activity connected with any of the deaths. But the investigation did not clear up the mystery over the fate of 50 other students who died at the school and whose bodies have not been accounted for. In the wake of that investigation, more former students -- who are now senior citizens -- have come forward with stories of abuse at the school, including alleged beatings, killings and the disappearance of students, during the 1940s, '50s and '60s. "These are children who came here and died, for one reason or another, and have just been lost in the woods," said Dr. Erin Kimmerle, an anthropologist from the University of South Florida who is leading a scientific search on the grounds of what used to be the Florida Industrial School for Boys. Using ground-penetrating radar, Kimmerle's team has located what she says appear to be 18 more remains than previously thought to have been buried there. After clearing the area, her team has determined that a total of 49 graves exist. All are unidentified. "We found burials within the current marked cemetery, and then we found burials that extend beyond that," Kimmerle said.
Note: For deeply revealing reports from reliable major media sources on institutional abuse of children, click here.