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Creating the Atlantic Ocean's first marine national monument is a needed response to dangerous climate change, oceanic dead zones and unsustainable fishing practices, President Barack Obama said Thursday. The new Northeast Canyons and Seamounts Marine National Monument consists of nearly 5,000 square miles of underwater canyons and mountains off the New England coast. "If we're going to leave our children with oceans like the ones that were left to us, then we're going to have to act and we're going to have to act boldly," Obama said at a ... conference. More than 20 countries represented at the meeting were also announcing the creation of their own marine protected areas. Monument designations come with restrictions on certain activities. The designation will lead to a ban on commercial fishing, mining and drilling, though a seven-year exception will occur for the lobster and red crab industries. Others, such as whiting and squid harvesters, have 60 days to transition out. Recreational fishing will be allowed. The ... monument will include three underwater canyons deeper than the Grand Canyon and four underwater mountains. It is home to such protected species as the sperm, fin and sei whales, and Kemp's ridley turtles. Expeditions also have found species of coral found nowhere else on earth. Supporters of the new monument say protecting large swaths of ocean from human stresses can sustain important species and reduce the toll of climate change.
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The pervasive influence of corporate cash in the democratic process, and the extraordinary lengths to which politicians, lobbyists and even judges go to solicit money, are laid bare in sealed court documents leaked to the Guardian. The John Doe files amount to 1,500 pages of largely unseen material gathered in evidence by prosecutors investigating alleged irregularities in political fundraising. Last year the Wisconsin supreme court ordered that all the documents should be destroyed, though a set survived that has now been obtained by the news organisation. The files open a window on a world that is very rarely glimpsed by the public, in which millions of dollars are secretly donated by major corporations and super-wealthy individuals to third-party groups in an attempt to sway elections. Five Wisconsin prosecutors carried out a deep investigation into what they suspected were criminal campaign-finance violations by the campaign committee of Scott Walker, Wisconsin governor. In 2015, Justice Prosser refused to recuse himself from a case in which the state supreme court sat in judgment over the John Doe investigation, despite the fact that the investigation focused on precisely the same network of lobbying groups and donors that had helped him hang onto his seat. The judge joined a majority of four conservative justices who voted to terminate the investigation and destroy all the documents now leaked to the Guardian.
Like a lot of other Americans, Sen. Elizabeth Warren wants to know why the Department of Justice hasn’t criminally prosecuted any of the major players responsible for the 2008 financial crisis. On Thursday, Warren released two highly provocative letters demanding some explanations. One is to DOJ Inspector General Michael Horowitz, requesting a review of how federal law enforcement managed to whiff on all 11 substantive criminal referrals submitted by the Financial Crisis Inquiry Commission (FCIC), a panel set up to examine the causes of the 2008 meltdown. The other is to FBI Director James Comey, asking him to release all FBI investigations and deliberations related to those referrals. The FCIC’s criminal referrals ... have never been made public. But Warren’s staff reviewed thousands of other documents released in March ... and found descriptions and records of them. They detail potential violations of securities laws by 14 different financial institutions: most of America’s largest banks. And the FCIC named names, specifying nine top-level executives who should be investigated on criminal charges: CEO Daniel Mudd and CFO Stephen Swad of Fannie Mae; CEO Martin Sullivan and CFO Stephen Bensinger of AIG; CEO Stan O’Neal and CFO Jeffrey Edwards of Merrill Lynch; and CEO Chuck Prince, CFO Gary Crittenden, and Board Chairman Robert Rubin of Citigroup. None of the 14 financial firms listed in the referrals were criminally indicted or brought to trial, Warren writes. Only five of the 14 even paid fines.
Analysts at Bank of America have reportedly suggested there is a 20 to 50 per cent chance our world is a Matrix-style virtual reality and everything we experience is just a simulation. The report, which was issued to clients, also implies even if our world was an illusion, we would never know about it. “It is conceivable that with advancements in artificial intelligence, virtual reality, and computing power, members of future civilizations could have decided to run a simulation of their ancestors," the report stated. The analysts took inspiration from inventor ... Elon Musk, who believes there is a high probability the world is part of an artificial intelligence created by a future civilisation. Its claims also appeal to the work of a philosophy professor from the University of Oxford. In 2003, Professor Nick Bostrom concluded there is significant possibility we "live in a simulation". The Bank of America’s report, which was looking at the implications of virtual reality, explained: “Many scientists, philosophers, and business leaders believe that there is a 20-50 per cent probability that humans are already living in a computer-simulated virtual world. “In April 2016, researchers gathered at the American Museum of Natural History to debate this notion. The argument is that we are already approaching photorealistic 3D simulations that millions of people can simultaneously participate in.”
Note: For more along these lines, see concise summaries of deeply revealing news articles on the mysterious nature of reality.
A recent report by the communities and local government committee on homelessness pointed out that the “housing first” model “appears to have had a positive impact in Finland”. The ... model is quite simple: when people are homeless, you give them housing. The idea stems from the belief that people who are homeless need a home, and other issues that may cause them to be at risk of homelessness can be addressed once they are in stable housing. Homeless people aren’t told they must conquer their addictions or secure a job before being given a home: instead it is accepted that having a home can make solving health and social problems much easier. Finland is the only European country where homelessness has decreased in recent years. At the end of 2015 the number of single homeless people was for the first time under 7,000 and this number includes people living temporarily with friends and relatives, who constitute 80% of all homeless people. This development is mainly due to a national programme to reduce long-term homelessness. The main explanation for this success is quite simple: when the national programme started housing first was adopted as a mainstream national homelessness policy. This costs money, but there is ample evidence from many countries that shows it is always more cost-effective to aim to end homelessness instead of simply trying to manage it. Investment in ending homelessness always pays back, to say nothing of the human and ethical reasons.
Note: Explore a treasure trove of concise summaries of incredibly inspiring news articles which will inspire you to make a difference.
The United States and Israel have reached final agreement on a record new package of at least $38 billion in U.S. military aid and the 10-year pact is expected to be signed this week. The deal will represent the biggest pledge of U.S. military assistance made to any country but also involves major concessions granted by Israeli Prime Minister Benjamin Netanyahu, according to officials on both sides. Those include Israel’s agreement not to seek additional funds from Congress beyond what will be guaranteed annually in the new package, and also to phase out a special arrangement that has allowed Israel to spend part of its U.S. aid on its own defense industry instead of on American-made weapons, the officials said. Nearly 10 months of drawn-out aid negotiations have underscored continuing friction between U.S. President Barack Obama and Netanyahu over last year's U.S.-led nuclear deal with Iran, Israel's arch-foe. The United States and Israel have also been at odds over the Palestinians. But the right-wing Israeli leader decided it would be best to forge a new arrangement with Obama. A deal now allows him to avoid uncertainties surrounding the next president ... and to give Israel’s defense establishment the ability to plan ahead. The new package for the first time will incorporate money for Israeli missile defense, which until now has been funded ad hoc by Congress. U.S. lawmakers have in recent years given Israel up to $600 million in annual discretionary funds for this purpose.
Note: If you divide this package of $38 billion by Israel's population of 8.5 million, you will discover that US taxes are providing the equivalent of nearly $5,000 to each citizen of Israel over the next 10 years. That is one huge perk! And note that no major media have pointed out this fact or even reported on this latest package except Reuters. A recent lawsuit claims that this aid package violates the Nuclear Non-Proliferation Treaty. Why is this not being widely reported and discussed? government corruption news articles from reliable major media sources.
When Wells Fargo was hit last week with $185 million in fines after thousands of its employees were caught setting up fake accounts customers didn't ask for, regulators heralded the settlement as a breakthrough. But the fines being levied against Wells Fargo pale in comparison to the bank's yearly profit - more than $20 billion in 2015. It is also less than the more than $200 million that the stock in the company held by company's chief executive, John G. Stumpf is worth. The fines also are not that much more than the $125 million one of its top executives, Carrie Tolstedt, will walk away with when she retires this year. "There are two possibilities: Customer abuse was part of business model, in which case lots of high ranking people need to go to prison," said Bart Naylor, a financial policy advocate. "Or the bank is too big to manage, and folks high up don’t even know that laws are being broken a few levels down." The magnitude of the fraud described by regulators should be thoroughly investigated, five Democratic lawmakers said in a letter to the head of the Senate Banking Committee, Richard Shelby (R-Ala.), asking for a hearing on the case. The lawmakers, including Sen. Robert Menendez of New Jersey, said Wells Fargo's CEO, John G. Stumpf, should be called to testify. "It is difficult to believe a large-scale, coordinated [scheme] like this took place without knowledge of some higher ups," Menendez said in an interview.
Note: For more along these lines, see concise summaries of deeply revealing banking corruption news articles from reliable major media sources.
UCSF researchers believe they have uncovered a decades-old effort by the sugar industry to exonerate sugar as a dietary culprit for heart disease and shift the blame onto fat and cholesterol. In a paper published in Monday’s JAMA Internal Medicine, the researchers reveal a scheme in which the sugar industry’s main trade group paid two Harvard scientists to conduct a literature review in the mid-1960s that challenged emerging evidence linking sugar consumption to risk factors for cardiovascular disease. The Harvard scientists concluded there was “no doubt” that reducing dietary cholesterol and substituting polyunsaturated fat for saturated fat would prevent heart disease. Such recommendations helped persuade Americans to replace their butter with margarine and eat fat-free cookies and other sugar-laden treats. “We have been indoctrinated in this belief that if we don’t eat a low-fat diet, we’ll die of the No. 1 killer disease,” said co-author Laura Schmidt, professor of health policy at UCSF School of Medicine. “Now we’ve learned the sugar industry paid off Harvard to tell us that.” They showed that the Sugar Research Foundation, which is now known as the Sugar Association, paid Fredrick Stare and fellow faculty member D. Mark Hegsted the equivalent of about $50,000 in 2016 dollars to write a heavily critical review of studies that linked sucrose to heart disease. Their reviews were published in the prestigious New England Journal of Medicine in 1967.
Note: For more on how the sugar industry conspired against public health, see this Time magazine article. For even more along these lines, see concise summaries of deeply revealing health news articles from reliable major media sources. Then explore the excellent, reliable resources provided in our Health Information Center.
Two dolphins have been recorded having a conversation for the first time after scientists developed an underwater microphone which could distinguish the animals' different "voices". Researchers have known for decades that the mammals had an advanced form of communication. But scientists have now shown that dolphins alter the volume and frequency of pulsed clicks to form individual "words" which they string together into sentences in much the same way that humans speak. Researchers at the Karadag Nature Reserve, in Feodosia, Ukraine, recorded two Black Sea bottlenose dolphins, called Yasha and Yana, talking to each other in a pool. Each dolphin would listen to a sentence of pulses without interruption, before replying. Lead researcher Dr Vyacheslav Ryabov, said: “Essentially, this exchange resembles a conversation between two people. “Each pulse represents a phoneme or a word of the dolphin's spoken language. “The analysis of numerous pulses registered in our experiments showed that the dolphins took turns in producing [sentences] and did not interrupt each other, which gives reason to believe that each of the dolphins listened to the other's pulses before producing its own. “This language exhibits all the design features present in the human spoken language, this indicates a high level of intelligence and consciousness in dolphins, and their language can be ostensibly considered a highly developed spoken language, akin to the human language.”
Note: Learn more about the amazing world of marine mammals.
“The United States does not torture,” said George W Bush on 6 September 2006. Bush was, for the first time, acknowledging the existence of the program that Senate intelligence committee staff investigator Daniel Jones would later expose as taking power drills to the heads of captured men; making them stand with their arms stretched above their heads for days at a time; leaving at least one of them naked until he froze to death; waterboarding them to the point of catatonia as bubbles rose from their open mouths; and inserting pureed food into their rectums while claiming it was necessary for delivering nutrients. Details of those procedures were outlined in the 525 pages which CIA director John Brennan, Barack Obama and White House chief of staff Denis McDonough allowed to become public. The CIA’s response to Jones’s report was split into two corps, one official and one not. The agency itself would no longer defend torture outright. The second corps consisted of retired CIA directors, a group known colloquially as the “Formers”. They laid into the Senate committee, [and] savaged it as a Democratic witchhunt. Jones has regrets about the way the declassified report turned out. Most prominently, Jones wishes he had gotten declassified the nearly 100-page table of contents for the full 6,700-page torture report, so readers could understand from the headings and subheadings just what the full contours of the torture was. In May 2016, the CIA inspector general’s office destroyed its only copy of the classified torture report.
Note: For more along these lines, see the "10 Craziest Things in the Senate Report on Torture". For more, see concise summaries of deeply revealing news articles about corruption in government and in the intelligence community.
Immediately after the 9/11 attack, while bodies were still buried in the rubble, George W. Bush demanded from Congress the legal authorization to use military force against those responsible for the attack. The resulting resolution that was immediately cooked up was both vague and broad. Despite this broadness, or because of it, the House of Representatives on September 14 approved the resolution by a vote of 420-1. The lone dissenting vote was Democratic Rep. Barbara Lee of California, who ... not only voted “no” but stood up on the House floor to deliver [an] eloquent, unflinching and, as it turns out, extremely prescient explanation for her opposition. She [pointed] out that the resolution “was a blank check to the president to attack anyone involved in the Sept. 11 events - anywhere, in any country, without regard to our nation’s long-term foreign policy, economic and national security interests, and without time limit.” She added: “A rush to launch precipitous military counterattacks runs too great a risk that more innocent men, women, children will be killed.” For her lone stance, Lee was deluged with rancid insults and death threats. She was vilified as “anti-American”. Since then, she has been repeatedly rejected in her bids to join the House Democratic leadership, typically losing to candidates close to Wall Street and in support of militarism. But beyond the obvious bravery needed to take the stand she took, she has been completely vindicated on the merits. It’s impossible to overstate how correct Lee was.
Note: For more on Rep. Lee's efforts to stop giving the US president dictatorial power over waging war, see this Los Angeles Times article. For more along these lines, see concise summaries of deeply revealing 9/11 news articles from reliable major media sources. Then explore the excellent, reliable resources provided in our 9/11 Information Center.
As a police officer in a small Oregon town in 2004, Sean Sullivan was caught kissing a 10-year-old girl on the mouth. Mr. Sullivan’s sentence barred him from taking another job as a police officer. But three months later, [he was hired] as the police chief ... in Cedar Vale, Kan., [where] he was again investigated for a suspected sexual relationship with a girl and eventually convicted on charges that included burglary and criminal conspiracy. Some experts say thousands of law enforcement officers may have drifted from police department to police department even after having been fired, forced to resign or convicted of a crime. Yet there is no comprehensive, national system for weeding out problem officers. A lack of coordination among law enforcement agencies, opposition from police executives and unions, and an absence of federal guidance have meant that in many cases police departments do not know the background of prospective officers if they fail to disclose a troubled work history. Among the officers ... who have found jobs even after exhibiting signs that they might be ill suited for police work is Timothy Loehmann, the Cleveland officer who fatally shot 12-year-old Tamir Rice in 2014. Before he was hired in Cleveland, Officer Loehmann had resigned from a suburban police force not long after a supervisor recommended that he be fired for, among other things, an inability to follow instructions. But Cleveland officials never checked his personnel file. Officer Loehmann, who was not indicted, remains on the Cleveland force.
Note: A yearlong Associated Press investigation found that the "broken system which lets problem officers jump from job to job" fosters and abets sexual abuse. For more along these lines, see concise summaries of deeply revealing police corruption news articles from reliable major media sources.
In the days after the September 11, 2001, terrorist attacks, when Congress voted to authorize military force against the people who “planned, authorized, committed, or aided” the hijackings, few Americans could have imagined the resulting manhunt would span from West Africa all the way to the Philippines. Today ... it looks like the war on terror is still in its opening act. The Islamic State, which was largely created by the U.S. invasion of Iraq, controls vast swaths of territory in Iraq, Syria, and Libya. The death toll in the countries the U.S. attacked remains untallied, but conservative estimates range from the hundreds of thousands to well over a million. The financial cost of the war on terror is incalculable. After 15 years, the only winners in the war on terror have been the contractors. At home, the war on terror has become a constitutional nightmare. The U.S. has adopted a practice of indefinitely detaining terror suspects. Police departments across the country secretly import military-grade spy equipment. Courts have ruled that families cannot sue to get their children off government kill lists. NSA whistleblower Edward Snowden revealed that the U.S. has become the largest surveillance state in history. Bombing multiple countries in the Middle East has become business as usual, and often goes unreported. As ... media engagement with the wars diminishes, and it is all too easy to forget about our permanent state of war. But the victims of U.S. violence are unlikely to forget, creating a potentially endless supply of new enemies.
Oliver Stone has taken aim at the US government for deceiving people about the levels of surveillance that exist in the country. His new film Snowden, about the controversial NSA informant Edward Snowden, received its world premiere. The drama ... tells of the former CIA employee’s discovery that the agency had constructed a system to spy on the public. “Americans don’t know anything about it because the government lies about it all the time,” Stone said at a press conference. “What’s going on now is pretty shocking. This story not only deals with eavesdropping but mass eavesdropping, drones and cyberwarfare. As Snowden said himself the other day, ‘It’s out of control, the world is out of control.’” The film also features a cameo from Snowden himself, who still resides at an undisclosed location in Russia while he searches for asylum elsewhere. Stone hopes that he may return to US ground but is doubtful. “Obama could pardon him and we hope so,” he said. “But he has vigorously prosecuted eight whistleblowers under the espionage act, which is an all-time record for an American president, and he’s been one of the most efficient managers of this surveillance world. It is the most extensive and invasive surveillance state that has ever existed and he’s built it up.” The film-maker ... likens [the current situation] to a George Orwell novel. “I never thought this could happen,” he said. “But from 2001 on, it’s very clear that something radical has changed. There’s more to it that meets the eye and whatever they tell you, you’ve got to look beyond.”
Wells Fargo Bank, one of the nation's largest banks, has been hit with $185 million in civil penalties for secretly opening millions of unauthorized deposit and credit card accounts that harmed customers, federal and state officials said Thursday. Employees of Wells Fargo (WFC) boosted sales figures by covertly opening the accounts and funding them by transferring money from customers' authorized accounts without permission, the Consumer Financial Protection Bureau, Office of the Comptroller of the Currency and Los Angeles city officials said. An analysis by the San Francisco-headquartered bank found that its employees opened more than two million deposit and credit card accounts that may not have been authorized by consumers. Many of the transfers ran up fees or other charges for the customers, even as they helped employees make incentive goals. The bank agreed to pay full restitution to all victims and a $100 million fine to the Consumer Financial Protection Bureau's civil penalty fund - the largest in the regulator's five-year operating history. Wells Fargo will pay a separate $35 million penalty to the Office of the Comptroller of the Currency. Additionally, Wells Fargo said it terminated approximately 5,300 employees and managers over a five-year period for their involvement with the unauthorized accounts.
Note: No Wells Fargo executives have been held responsible for this bank's institutionalized breach of customer trust. Do you think these actions were taken without approval from at least one executive? For more along these lines, see concise summaries of deeply revealing banking corruption news articles from reliable major media sources.
In July, after approval from the Obama administration, Congress released a 28-page chapter of previously classified material from the final report of a joint congressional inquiry into the Sept. 11 attacks. Questions about whether the Saudi government assisted the terrorists remain unanswered. The recently released 28 pages were written in the fall of 2002 by a committee of which I was a co-chairman. The pages suggested new trails of inquiry worth following, including why a Qaeda operative had the unlisted phone number for the company that managed the Colorado estate of Prince Bandar bin Sultan, then the Saudi ambassador. Some of those questions might be answered if the government released more of the findings of the Sept. 11 commission, the citizens inquiry that followed our congressional inquest. Parallel investigations were also conducted by the F.B.I. and C.I.A. How much did they look into whether Prince Bandar or other Saudis aided the hijackers? The government also knows more today ... than when the 28 pages were classified in 2003. Much of that information remains secret but should be made public. For example, the F.B.I. for a time claimed that it had found no ties between three of the hijackers ... and a prominent Saudi family that lived in Sarasota, Fla., before Sept. 11. But in 2013, a Freedom of Information Act lawsuit brought by investigative reporters led to the release of about 30 pages from an F.B.I.-led investigation that included an agent’s report asserting “many connections” between the hijackers and this family.
Note: The above was written by former Florida Senator Bob Graham, who worked for years to expose Saudi Arabia's role in Sept. 11. For more along these lines, see concise summaries of deeply revealing 9/11 news articles from reliable major media sources. Then explore the excellent, reliable resources provided in our 9/11 Information Center.
Wells Fargo fired about 5,300 employees over the past several years for opening more than 2 million checking, savings, credit or debit card accounts without customers’ knowledge or consent. The big question: Why wasn’t Wells Fargo chief executive John Stumpf one of them? “It’s hard to believe that thousands of employees could have created over a million fake accounts without anyone in senior management knowing about it,” Sen. Elizabeth Warren, D-Mass., wrote in an emailed response. “It’s one or the other: Either individuals in senior management knew about this fraud and should be held personally accountable, or they didn’t know about it and a bank as big as Wells Fargo is simply too big to manage.” On Thursday, Wells settled a lawsuit and potential lawsuits by agreeing to clean up the mess, refund fees paid by customers on accounts they did not authorize and pay fines and penalties. Those included $100 million to the Consumer Financial Protection Bureau, $35 million to the Office of the Comptroller of the Currency and $50 million to the city and county of Los Angeles. FBR analyst Paul Miller called those fines “a rounding error” for Wells, which earns about $5 billion per quarter. Los Angeles City Attorney Mike Feuer opened an investigation into Wells after the Los Angeles Times reported in 2013 that ... “employees have opened unneeded accounts for customers, ordered credit cards without customers’ permission and forged client signatures on paperwork." His office filed a lawsuit against Wells Fargo in 2015.
Note: For more along these lines, see concise summaries of deeply revealing banking corruption news articles from reliable major media sources.
Congress sent President Barack Obama a bipartisan bill that would allow families of Sept. 11 victims to sue the government of Saudi Arabia, putting lawmakers on a collision course with the White House. The House passed the legislation Friday by voice vote, about four months after the measure cleared the Senate despite vehement objections from Saudi Arabia. Fifteen of the 19 hijackers were Saudi nationals. The legislation gives victims' families the right to sue in U.S. court for any role that elements of the Saudi government may have played in the 2001 attacks that killed thousands. The White House has signaled Obama would veto the legislation. The Obama administration has warned that if U.S. citizens can take the Saudis to court, then a foreign country could in turn sue the United States. Votes from two-thirds of the members in the House and Senate would be needed to override a veto. The House vote came two months after Congress released 28 declassified pages from a congressional report into 9/11 that reignited speculation over links at least a few of the attackers had to Saudis, including government officials. In a separate development, a bipartisan group of senators are seeking to block the Obama administration's proposed sale of more than $1 billion worth of U.S. weapons to Saudi Arabia. Sen. Rand Paul, R-Ky., cited Saudi Arabia's poor human rights record and the kingdom's role in Yemen's civil war.
Note: Saudi Arabia's influential charm offensive and its $750 billion threat have not stopped this legislation from moving forward. For more along these lines, see concise summaries of deeply revealing 9/11 news articles from reliable major media sources. Then explore the excellent, reliable resources provided in our 9/11 Information Center.
Over his two terms, Obama has created the most powerful surveillance state the world has ever seen. From 22,300 miles in space, where seven Advanced Orion [spy satellites] now orbit; to a 1-million-square-foot building in the Utah desert that stores data intercepted from personal phones, emails, and social media accounts; to taps along the millions of miles of undersea cables that encircle the Earth like yarn, U.S. surveillance has expanded exponentially since Obama’s inauguration on Jan. 20, 2009. The effort to wire the world ... has cost American taxpayers more than $100 billion. Yet has the president’s blueprint for spying succeeded on its own terms? An examination of the unprecedented architecture reveals that the Obama administration may only have drowned itself in data. Privacy hasn’t been traded for security, but for the government hoarding more data than it knows how to handle. A panel set up by Obama [in 2013] to review the NSA’s operations concluded that the agency had stopped no terrorist attacks. Beyond failures to create security, there is the matter of misuse or abuse of U.S. spying, the effects of which extend well beyond violations of Americans’ constitutional liberties. Obama, meanwhile, has taken virtually no steps to fix what ails his spying apparatus, [but] has gone after people blowing the whistle on intelligence abuses. The Justice Department has charged eight leakers — more than double the number under all previous presidents combined.
Note: The above was written by James Bamford, whistleblower and author of "The Shadow Factory: The Ultra-Secret NSA From 9/11 to the Eavesdropping on America." Former US Senator Frank Church warned of the dangers of creating a surveillance state in 1975. By 2013, it had become evident that the US did not heed his warning. For more along these lines, see concise summaries of deeply revealing news articles about intelligence agency corruption and the disappearance of privacy.
New York state's attorney general on Tuesday opened an investigation into the pharmaceuticals giant [Mylan], focused on its contracts with local school systems to buy its lifesaving EpiPens. The skyrocketing price of those auto-injection devices, used to counteract potentially fatal allergic reactions, has drawn intense criticism. The office of Attorney General Eric Schneiderman said it launched its probe after a preliminary review revealed Mylan might have inserted anti-competitive terms into its deals to sell EpiPens. Schneiderman's move came within hours of U.S. Sens. Richard Blumenthal, D-Conn., and Amy Klobuchar, D-Minn., asking the Federal Trade Commission to investigate whether Mylan violated federal antitrust laws. "As the cost of EpiPens skyrocketed, schools seeking relief turned to Mylan's 'EpiPen4Schools' program," Blumenthal's office said. "Some of these schools were required to sign a contract agreeing not to purchase any products from Mylan's competitors for a period of 12 months - conduct that can violate the antitrust laws." Schneiderman's probe also comes on the heels of news that Minnesota's attorney general, Lori Swanson, has asked Mylan to provide documents that would justify the company having raised the retail price of EpiPens more than 400 percent. "No child's life should be put at risk because a parent, school, or health-care provider cannot afford a simple, lifesaving device because of a drug-maker's anti-competitive practices," Schneiderman said.
Note: For more along these lines, see concise summaries of deeply revealing pharmaceutical corruption news articles from reliable major media sources.
Important Note: Explore our full index to revealing excerpts of key major media news articles on several dozen engaging topics. And don't miss amazing excerpts from 20 of the most revealing news articles ever published.