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News Articles
Excerpts of Key News Articles in Major Media


Below are highly revealing excerpts of key news articles from the media suggesting major cover-ups and corruption. Links are provided to the full news articles for verification. If any link fails to function, read this webpage. These news articles are listed by order of importance. You can also explore the articles listed by order of the date of the news article or by the date posted. By choosing to educate ourselves and to spread the word, we can and will build a brighter future.

Note: Explore our full index to revealing excerpts of key major media news articles on dozens of engaging topics. And read excerpts from 20 of the most revealing news articles ever published.


Louisiana's longest-serving death row prisoner walks free after 30 years
2014-03-11, CNN
http://www.cnn.com/2014/03/11/us/louisiana-glenn-ford-freed

There are many ways to measure 30 years, but for Glenn Ford, the yardstick is simple. "My sons -- when I left -- was babies. Now they grown men with babies," he said, speaking as a free man for the first time in nearly three decades. Ford, Louisiana's longest-serving death row prisoner, walked free [on March 11] after spending nearly 30 years behind bars for a murder he did not commit. According to the Capital Post Conviction Project of Louisiana, a judge ordered that Ford be freed ... after prosecutors petitioned the court to release him. New information corroborated what Ford had said all along: that he was not present at nor involved in the November 5, 1983, slaying of Isadore Rozeman, the project said. "We are very pleased to see Glenn Ford finally exonerated, and we are particularly grateful that the prosecution and the court moved ahead so decisively to set Mr. Ford free," said Gary Clements and Aaron Novod, Ford's attorneys. They have argued his trial was compromised by the unconstitutional suppression of evidence and by inexperienced counsel. Ford had been on death row since 1984, making him one of the longest-serving death row prisoners in the United States. "After 30 years, Louisiana's longest-serving death row prisoner will get his freedom soon," Amnesty International USA senior campaigner Thenjiwe Tameika McHarris said in a statement shortly before his release. "Glenn Ford is living proof of just how flawed our justice system truly is. We are moved that Mr. Ford, an African-American man convicted by an all-white jury, will be able to leave death row a survivor."

Note: For a treasure trove of great news articles which will inspire you to make a difference, click here.


Lord Justice Fulford backed paedophile campaign, paper claims
2014-03-09, BBC News
http://www.bbc.com/news/uk-26502420

A top judge campaigned to support a paedophile group that tried to legalise sex with children, a newspaper claims. The Mail on Sunday said Lord Justice Fulford was a founder member of a campaign to defend the Paedophile Information Exchange (PIE). The judge told the BBC he had "no memory" of this, but had in the 1970s been involved with a civil liberties group to which PIE was affiliated. He said he had never supported PIE and child abuse was "wholly wrong". The Daily Mail has run a series of articles questioning the links between PIE and civil liberties group the National Council for Civil Liberties during the 1970s and early 1980s. PIE had called for greater tolerance and paedophile "rights" and campaigned for a lowering of the age of consent to 10. Labour deputy leader Harriet Harman, her husband and fellow Labour MP Jack Dromey and former Labour health secretary Patricia Hewitt were all prominent figures in the NCCL, which granted PIE affiliate status in 1975. Ms Hewitt has apologised for having "got it wrong", while Mr Dromey has accused the Daily Mail of "dirty, gutter journalism". Ms Harman has said she "regrets" the links between the two groups but she has "nothing to apologise for". The Mail on Sunday said its investigation had found that Lord Justice Fulford, a member of the Privy Council, was a founder member of a campaign set up to defend PIE against criminal charges.

Note: If you are ready to see how investigations into a massive child sex abuse ring have led to the highest levels of government, watch the suppressed Discovery Channel documentary "Conspiracy of Silence," available here. For more on sexual abuse scandals, see the deeply revealing reports from reliable major media sources available here.


Vermont Votes for Public Banking
2014-03-09, The Nation Magazine
http://www.thenation.com/blog/178759/vermont-votes-public-banking#

This year, [Vermonters for a New Economy] urged citizens to petition to place the public-banking question on the agendas of town meetings across the state—distributing information outlining a proposal to turn the Vermont Economic Development Authority (VEDA) into a state bank. Last week, at least twenty Vermont town meetings took up the issue and voted “yes.” In many cases, the votes were overwhelming. Vermont is not the only state where public banking proposals are in play. But the town meeting endorsements are likely to provide a boost for a legislative proposal to provide the VEDA with the powers of a bank. The bill would create a “10 Percent for Vermont” program that would “deposit 10 percent of Vermont’s unrestricted revenues in the VEDA bank and allow VEDA to leverage this money, in the same way that private banks do now, to fund…unfunded capital needs.” The legislation would also develop programs, often in conjunction with community banks, “to create loans which would help create economic opportunities for Vermonters.” Among the most outspoken advocates for the public-banking initiative is Vermont State Senator Anthony Pollina, a veteran Vermont Progressive Party activist and former gubernatorial candidate, who argues that it “doesn’t make any sense for us to be sending Vermont’s hard-earned tax dollars to some bank on Wall Street which couldn’t care less about Vermont or Vermonters when we could keep that money here in the state of Vermont where we would have control over it and therefore more of it would be invested here in the state.”

Note: For a treasure trove of great news articles which will inspire you to make a difference, click here.


Behind Clash Between C.I.A. and Congress, a Secret Report on Interrogations
2014-03-08, New York Times
http://www.nytimes.com/2014/03/08/us/politics/behind-clash-between-cia-and-co...

It was early December when the Central Intelligence Agency began to suspect it had suffered what it regarded as an embarrassing computer breach. Investigators for the Senate Intelligence Committee, working in the basement of a C.I.A. facility in Northern Virginia, had obtained an internal agency review summarizing thousands of documents related to the agency’s detention and interrogation program. Parts of the C.I.A. report cast a particularly harsh light on the program, the same program the agency was in the midst of defending in a prolonged dispute with the intelligence committee. What the C.I.A. did next opened a new and even more rancorous chapter in the struggle over how the history of the interrogation program will be written. Agency officials began scouring the digital logs of the computer network used by the Senate staff members to try to learn how and where they got the report. Their search not only raised constitutional questions about the propriety of an intelligence agency investigating its congressional overseers, but has also resulted in two parallel inquiries by the Justice Department — one into the C.I.A. and one into the committee. Each side accuses the other of spying on it, with the Justice Department now playing the uneasy role of arbitrator in the bitter dispute. “It’s always been a dicey proposition to be investigating Congress,” said W. George Jameson, a C.I.A. lawyer for decades. “You don’t do it lightly.”

Note: For more on the out-of-control activities of intelligence agencies, see the deeply revealing reports from reliable major media sources available here.


Renting Judges for Secret Rulings
2014-03-01, New York Times
http://www.nytimes.com/2014/03/01/opinion/renting-judges-for-secret-rulings.html

Should wealthy litigants be able to rent state judges and courthouses to decide cases in private and keep the results secret? The answer should be an easy no, but if the judges of Delaware’s Chancery Court persuade the United States Supreme Court to take their case and reverse lower federal court rulings outlawing that practice, corporations will, in Delaware, be able to do just that. The state has long been a magnet for corporate litigation because of its welcoming tax structures and the court’s business expertise. Yet the State Legislature became concerned that Delaware was losing its “pre-eminence” in corporate litigation to a growing market in private dispute resolution. To compete, Delaware passed a law in 2009 offering new privileges to well-heeled businesses. If litigants had at least $1 million at stake and were willing to pay $12,000 in filing fees and $6,000 a day thereafter, they could use Delaware’s chancery judges and courtrooms for what was called an “arbitration” that produced enforceable legal judgments. Instead of open proceedings, filings would not be docketed, the courtroom would be closed to the public and the outcome would be secret. The Delaware Supreme Court could review judgments, but that court has not indicated whether appeals would also be confidential. A group called the Coalition for Open Government, including news and civic organizations, objected that Delaware’s legislation was unconstitutional. In 2012, a federal judge agreed that the law violated the public’s right of access to civil proceedings under the First Amendment.

Note: For more on government corruption, see the deeply revealing reports from reliable major media sources available here.


Inmates at Parramatta Girls Home subjected to 'state-sanctioned rape'
2014-02-26, Sydney Morning Herald (One of Australia's leading newspapers)
http://www.smh.com.au/national/inmates-at-parramatta-girls-home-subjected-to-...

Girls as young as 18 months who came into contact with the [New South Wales, Australia] child welfare authorities from the 1930s onwards were routinely tested for venereal disease and evidence of sexual activity. If they were found, on the basis of a spurious vaginal examination, to have been sexually active, from the age of 10 upwards they could be sent to the Parramatta Girls Home where they were exposed to ''state-sanctioned rape'' perpetrated by doctors, supervising staff and other inmates. The notorious detention centre for girls, which shut down after public outcry in 1974, is the focus of hearings for the Royal Commission on Institutional Responses to Child Sexual Abuse. Harrowing testimony is expected as 10 women, who were among the thousands detained in the home or at the associated Institution for Girls at Hay during the period of 1950-1974, take the stand to tell their stories. In the 2005 book Orphans of the Living by Joanna Penglase, a NSW departmental field officer told Dr Penglase how girls picked up on vague grounds of being ''exposed to moral danger'' were subjected to vaginal examinations. Despite having no scientific basis, this test could be used to assign a girl to the Parramatta home, wrote Dr Penglase, who called it state-sanctioned rape. ''Regardless of whether she claimed she had been abused by a parent or foster carer or [someone else], she was seen to be guilty,'' said Bonney Djuric, who was sent to the Parramatta home in 1970 and founded a support network for former inmates, Parragirls, in 2006. ''For many girls having this examination was essentially their first sexual experience, if you can call it that,'' Ms Djuric said. ''Being raped by having a metal object inserted is something you never forget.''

Note: For more on sexual abuse scandals, see the deeply revealing reports from reliable major media sources available here.


Who Tried to Silence Drone Victim Kareem Khan?
2014-02-25, The Intercept
https://firstlook.org/theintercept/2014/02/25/tried-silence-drone-victim-kare...

In the early morning hours of February 5, a group of armed men – some dressed in Pakistani police uniforms – appeared at Kareem Khan’s home, awoke him and his family at gunpoint, and took him away in an unmarked vehicle. Khan was hooded, shackled around the wrists and ankles, and driven for hours, eventually arriving at a building where he was thrown into a windowless holding cell. There he stayed for more than a week, during which he was subjected to sensory deprivation and physical abuse. Khan says he was repeatedly beaten on the soles of his feet and threatened with death by his captors. He was kept hooded and shackled for most of the day, and fed only dry bread and water. Khan has no doubts about why he was targeted. He is the first person to attempt a legal challenge to the CIA drone program in Pakistan, after his son and brother were killed in a drone strike near his home in North Waziristan on December 31st 2009. His abduction and detention occurred just over a week before Khan was to travel with [his Pakistani lawyer, Shahzad] Akbar and Jennifer Gibson, a lawyer with the UK-based legal charity Reprieve, to speak with European parliamentarians about the CIA drone program. Among the topics of discussion were the extralegal nature of the program, as well as covert intelligence sharing by European spy agencies. While in captivity, Khan was interrogated by men who refused to identify themselves, and who questioned him repeatedly about his plans to speak with the media and about the cases of others who had been killed by drones. Since the start of the “War on Terror” it has been estimated by local human rights groups that as many as 8,000 Pakistani citizens have been “disappeared” by local intelligence agencies, often at the behest of their American counterparts.

Note: The Intercept is the new media source being funded by Pierre Omidyar and featuring Glenn Greenwald and other top reporters known for their independence. For more on the atrocities committed by the US and UK in the illegal "global war on terror", see the deeply revealing reports from reliable major media sources available here.


Judge Tosses Muslim Spying Suit Against NYPD, Says Any Damage Was Caused by Reporters Who Exposed It
2014-02-21, The Intercept
https://firstlook.org/theintercept/2014/02/21/judge-tosses-muslim-spying-suit...

A federal judge in Newark has thrown out a lawsuit against the New York Police Department for spying on New Jersey Muslims, saying if anyone was at fault, it was the Associated Press for telling people about it. In his ruling ... U.S. District Court Judge William J. Martini simultaneously demonstrated the willingness of the judiciary to give law enforcement alarming latitude in the name of fighting terror, greenlighted the targeting of Muslims based solely on their religious beliefs, and blamed the media for upsetting people by telling them what their government was doing. The NYPD’s clandestine spying on daily life in Muslim communities in the region — with no probable cause, and nothing to show for it — was exposed in a Pulitzer-Prize winning series of stories by the AP. The stories described infiltration and surveillance of at least 20 mosques, 14 restaurants, 11 retail stores, two grade schools, and two Muslim student associations in New Jersey alone. In a cursory, 10-page ruling issued before even hearing oral arguments, Martini essentially said that what the targets didn’t know didn’t hurt them: "None of the Plaintiffs’ injuries arose until after the Associated Press released unredacted, confidential NYPD documents and articles expressing its own interpretation of those documents. Nowhere in the Complaint do Plaintiffs allege that they suffered harm prior to the unauthorized release of the documents by the Associated Press. This confirms that Plaintiffs’ alleged injuries flow from the Associated Press’s unauthorized disclosure of the documents. The harms are not “fairly traceable” to any act of surveillance."

Note: For more on government corruption, see the deeply revealing reports from reliable major media sources available here.


One-Percent Jokes and Plutocrats in Drag: What I Saw When I Crashed a Wall Street Secret Society
2014-02-17, New York Magazine
http://nymag.com/daily/intelligencer/2014/02/i-crashed-a-wall-street-secret-s...

Recently, our nation’s financial chieftains have been feeling a little unloved. Venture capitalists are comparing the persecution of the rich to the plight of Jews at Kristallnacht, Wall Street titans are saying that they’re sick of being beaten up, and this week, a billionaire investor, Wilbur Ross, proclaimed that “the 1 percent is being picked on for political reasons.” Ross's statement seemed particularly odd, because two years ago, I met Ross at an event that might single-handedly explain why the rest of the country still hates financial tycoons – the annual black-tie induction ceremony of a secret Wall Street fraternity called Kappa Beta Phi. It was January 2012, and Ross, ... the leader (or “Grand Swipe”) of the fraternity, was preparing to invite 21 new members — “neophytes,” as the group called them — to join its exclusive ranks. I’d heard whisperings about the existence of Kappa Beta Phi. It was a secret fraternity, founded at the beginning of the Great Depression, that functioned as a sort of one-percenter’s Friars Club. Each year, the group’s dinner features comedy skits, musical acts in drag, and off-color jokes, and its group’s privacy mantra is “What happens at the St. Regis stays at the St. Regis.” For eight decades, it worked. No outsider in living memory had witnessed the entire proceedings firsthand. The first and most obvious conclusion was that the upper ranks of finance are composed of people who have completely divorced themselves from reality. No self-aware and socially conscious Wall Street executive would have agreed to be part of a group whose tacit mission is to make light of the financial sector’s foibles. Not when those foibles had resulted in real harm to millions of people in the form of foreclosures, wrecked 401(k)s, and a devastating unemployment crisis.

Note: This article is adapted from Kevin Roose’s new book Young Money. For more on secret societies, see the deeply revealing reports from reliable major media sources available here.


Three Years Later, A Harrowing Visit To Fukushima
2014-02-15, NPR Blog
http://www.npr.org/blogs/parallels/2014/02/15/277385083/three-years-later-a-h...

At a motel in the town of Hirono, just outside a restricted zone in Fukushima Prefecture, [the] residents were all men, all apparently working on the cleanup of the Fukushima Dai-ichi nuclear plant, where three reactors melted down and a fourth caught on fire after a quake and tsunami in 2011. The plant's operator is mostly using subcontractors to supply labor, which drives down the pay and tends to leave the poorest workers living in crowded dormitories. Workers and labor activists say that Tokyo Electric Power Company, or TEPCO, is subcontracting the work out to avoid taking direct responsibility — financial and otherwise — for the dangers the workers face each day at the plant. Recent days and weeks have brought embarrassing news for Tepco, including that levels of radioactive strontium in wells in the plant were reported months late, and were 10 times lower than the actual amount. TEPCO says it was a measurement error. Some critics say that TEPCO can't be trusted and that the world's largest nuclear accident is still waiting to happen at Fukushima, such as an accidental nuclear reaction that releases large amounts of harmful radiation into the air. TEPCO dismisses predictions like this as alarmist. Japanese themselves are highly divided on the issue, just as they are about whether or not their country should continue to rely on nuclear power, which previously supplied up to a third of their electricity. One thing that seems certain is that the work of cleaning up and shutting down the Fukushima Daiichi nuclear plant will go on for a long time. TEPCO predicts it could last 30 or 40 years. Others say that estimate is blindly optimistic.

Note: Why is this critical news getting so little coverage? For more on deception and corruption around nuclear power, see the deeply revealing reports from reliable major media sources available here.


Gangster Bankers: Too Big to Jail
2014-02-14, Rolling Stone
http://www.rollingstone.com/politics/news/gangster-bankers-too-big-to-jail-20...

The deal was announced quietly, just before the holidays. The U.S. Justice Department granted a total walk to executives of the British-based bank HSBC for the largest drug-and-terrorism money-laundering case ever. They issued a fine – $1.9 billion, or about five weeks' profit – but they didn't extract so much as one dollar or one day in jail from any individual, despite a decade of stupefying abuses. For at least half a decade, the storied British colonial banking power helped to wash hundreds of millions of dollars for drug mobs, including Mexico's Sinaloa drug cartel, suspected in tens of thousands of murders just in the past 10 years. The bank also ... aided countless common tax cheats in hiding their cash. That nobody from the bank went to jail or paid a dollar in individual fines is nothing new in this era of financial crisis. What is different about this settlement is that the Justice Department, for the first time, admitted why it decided to go soft on this particular kind of criminal. It was worried that anything more than a wrist slap for HSBC might undermine the world economy. "Had the U.S. authorities decided to press criminal charges," said Assistant Attorney General Lanny Breuer at a press conference to announce the settlement, "HSBC would almost certainly have lost its banking license in the U.S., the future of the institution would have been under threat and the entire banking system would have been destabilized."

Note: For more on the collusion of government with the biggest, most corrupt banks, see the deeply revealing reports from reliable major media sources available here.


Finland No. 1, US sinks to 46th in global press freedom rankings
2014-02-12, Yahoo! News
http://news.yahoo.com/finland--1--us-sinks-to-46th-in-global-press-freedom-ra...

The United States did not live up to the promise of the First Amendment last year, “far from it,” sinking to 46th in global press freedom rankings, a respected international nonprofit group said. The U.S. plummeted 13 slots to 46th overall “amid increased efforts to track down whistle-blowers and the sources of leaks,” Reporters Without Borders warned in an annual report. “The trial and conviction of Private Bradley Manning and the pursuit of NSA analyst Edward Snowden were warnings to all those thinking of assisting in the disclosure of sensitive information that would clearly be in the public interest,” the organization said. The group ... also cited the Department of Justice’s seizure of Associated Press telephone records and a court’s pressure on New York Times reporter James Risen to testify against a CIA staffer accused of leaking classified information. “The whistle-blower is clearly the enemy in the U.S.,” Delphine Halgand, who heads the RSF outpost in Washington, told Yahoo News. “Eight whistle-blowers have been charged under the Obama administration, the highest number of any administration, of all other administrations combined.” Overall, RSF said in its report, “countries that pride themselves on being democracies and respecting the rule of law have not set an example, far from it.” “Freedom of information is too often sacrificed to an overly broad and abusive interpretation of national security needs, marking a disturbing retreat from democratic practices. Investigative journalism often suffers as a result,” the group said.

Note: As if to underscore the sad state of US press freedom, we couldn't find any major media who reported this sad news, other than a Washington Post blog at this link, which simply downplays the news and tries to explain it away. To read how the media censors some of the biggest stories never reported, click here.


The NSA’s Secret Role in the U.S. Assassination Program
2014-02-10, The Intercept (With Glenn Greenwald)
https://firstlook.org/theintercept/article/2014/02/10/the-nsas-secret-role/

The National Security Agency is using complex analysis of electronic surveillance, rather than human intelligence, as the primary method to locate targets for lethal drone strikes – an unreliable tactic that results in the deaths of innocent or unidentified people. According to a former drone operator for the military’s Joint Special Operations Command (JSOC) who also worked with the NSA, the agency often identifies targets based on controversial metadata analysis and cell-phone tracking technologies. Rather than confirming a target’s identity with operatives or informants on the ground, the CIA or the U.S. military then orders a strike based on the activity and location of the mobile phone. The former JSOC drone operator ... states that innocent people have “absolutely” been killed as a result. Some top Taliban leaders, knowing of the NSA’s targeting method, have purposely and randomly distributed SIM cards among their units in order to elude their trackers. As a result, even when the agency correctly identifies and targets a SIM card belonging to a terror suspect, the phone may actually be carried by someone else, who is then killed in a strike. The Obama administration has repeatedly insisted that its operations kill terrorists with the utmost precision. Within the NSA ... a motto quickly caught on at Geo Cell: ‘We Track ’Em, You Whack ’Em.’” In December 2009, utilizing the NSA’s metadata collection programs, the Obama administration dramatically escalated U.S. drone and cruise missile strikes in Yemen. The first strike in the country known to be authorized by Obama targeted an alleged Al Qaeda camp in the southern village of al-Majala. The strike, which included the use of cluster bombs, resulted in the deaths of 14 women and 21 children.

Note: For an in-depth interview on this important topic, click here. Would anyone in a developed country tolerate their citizens being killed by the drones of a foreign government? Note also that The Intercept is the new media source being funded by Pierre Omidyar and featuring Glenn Greenwald and other top reporters known for the their independence.


Meet the College Student Who's Turning Campus Leftovers Into Meals for Thousands of Hungry Neighbors
2014-02-07, People Magazine
http://www.people.com/people/article/0,,20783867,00.html

How much food could be rescued if college dining halls saved their leftovers? Turns out more than 200,000 pounds in three years – according to the Food Recovery Network, which has mobilized college students across the nation to feed hungry people in the most commonsense way possible. At the University of Maryland’s 251 North dining hall, ... the dining hall staff began placing stainless-steel trays filled with unused food on an island countertop near the end of a spacious industrial kitchen. One by one, steaming trays were stacked on top of the other as several college students snapped on latex gloves and discussed their game plan. Their objective was simple, really: to intercept the food before it’s thrown away and deliver it to hungry people in need. The ever-expanding Food Recovery Network ... was founded on Maryland’s campus in September 2011 by Ben Simon, the nonprofit’s executive director. Food is thrown out at 75 percent of college campuses across the United States. That’s roughly 22 million meals per year, trashed. Overall, Americans waste 36 million tons of food annually. But since the founding of the Food Recovery Network at the University of Maryland ... in January 2012, the organization has expanded to 49 campuses nationwide.

Note: For an inspiring, four-minute video on this, click here. For the Food Recovery Network website, click here. For a treasure trove of great news articles which will inspire you to make a difference, click here.


Kick out those who sexually abuse children, U.N. panel tells Vatican
2014-02-05, CNN
http://www.cnn.com/2014/02/05/world/europe/un-vatican-report

In an unprecedented report, a United Nations committee slammed the Vatican's handling of child sexual abuse within the Catholic Church and accused the church of protecting itself rather than the victims. The Vatican should establish an "independent mechanism for monitoring children's rights" to investigate complaints and work with law enforcement, according to the report, which was released [on February 5]. It calls for the church to immediately remove all known or suspected abusers from its ranks. The report follows a hearing last month where Vatican officials were grilled over the church's handling of child abuse allegations. The Vatican, as a country, is a signatory of the U.N. Convention of the Rights of the Child, and it was the U.N. Committee on the Rights of the Child that published the report. Clerics have been involved in the sexual abuse of "tens of thousands" of children, the report says, and the United Nations is concerned about how the Vatican has handled the allegations. "The committee is gravely concerned that the Holy See has not acknowledged the extent of the crimes committed, has not taken the necessary measures to address cases of child sexual abuse and protect children, and has adopted policies and practices which has led to the continuation of the abuse by and the impunity of the perpetrators," the report states. The report accuses the Vatican of transferring child sexual abusers from one parish to another in an attempt to cover up crimes, placing children at high risk for abuse.

Note: For more on the Catholic Church's failure to control sexual abuse of children by priests, see the deeply revealing reports from reliable major media sources available here.


New York regulator demands bank documents as investigation widens
2014-02-05, The Guardian (One of the UK's leading newspapers)
http://www.theguardian.com/business/2014/feb/05/new-york-regulator-banks-trad...

New York state’s top financial regulator has demanded documents from more than a dozen banks including Barclays, Deutsche, Goldman Sachs and RBS as a probe widened into trading practices in the $5.3tn-a-day global foreign exchange markets. Benjamin Lawsky, New York's financial services superintendent, made the move following the banks’ decision to fire or suspend at least 20 traders following reports that employees at some firms had shared information about their currency positions with counterparts at other companies. Lawsky’s move marks the latest escalation in a global investigation by regulators into the manipulation of benchmark rates. The currency probe comes as regulators are still investigating the manipulation of the Libor lending rate by traders at some of the world’s biggest banks. The Wall Street Journal reported that Goldman Sachs’ Steven Cho, formerly global head of spot and forward foreign exchange trading for major currencies, was retiring from the bank. His departure came a day after Citigroup announced that Anil Prasad, its global head of foreign exchange, was leaving the company. It is not know if his retirement is in any way linked to any investigation. Prasad’s exit comes a month after Rohan Ramchandani, formerly Citi’s head of European spot foreign exchange trading, was fired. Ramchandani had been a member of the Bank of England’s foreign exchange joint standing committee.

Note: For more on financial corruption, see the deeply revealing reports from reliable major media sources available here.


Elizabeth Warren blasts profits on student loans
2014-02-01, Boston Globe/ Associated Press
http://www.bostonglobe.com/news/nation/2014/02/01/warren-blasts-profits-stude...

U.S. Sen. Elizabeth Warren said ... she is shocked that the federal government is earning an estimated $66 billion in profits from student loans originated between 2007 and 2012. [She] was reacting to a Government Accountability Office report [issued on January 31]. A previous Congressional Budget Office report estimated that the government will pocket an additional $185 billion in profits on new student loans made over the next 10 years. ‘‘This is obscene. The government should not be making $66 billion in profits off the backs of our students,’’ Warren said in a statement. ‘‘This report reinforces what we already knew — instead of investing in our children and their futures, the government is squeezing profits out of our young people and adding to the mountain of debt they will spend their lives struggling to repay.’’ Warren and eight other U.S. senators committed to wring government profits out of student loans and address [the] $1.2 trillion in outstanding student loan debt they say is crushing families and putting a strain on the economy. ‘‘We cannot bury our heads in the sand and pretend the profits don’t exist, or use accounting tricks to make them disappear,’’ Warren said. ‘‘It’s time to end the practice of profiting from young people who are trying to get an education and refinance existing loans.’’ Warren has [introduced a bill] that tries to pressure colleges to keep costs down for students and ensure they get a meaningful diploma when they graduate.

Note: For more on government corruption, see the deeply revealing reports from reliable major media sources available here.


The anti-fracking activist barred from 312.5 sq miles of Pennsylvania
2014-01-29, The Guardian (One of the UK's leading newspapers)
http://www.theguardian.com/environment/2014/jan/29/vera-scroggins-fracking-ac...

Vera Scroggins, an outspoken opponent of fracking, is legally barred from the new county hospital. Also off-limits, unless Scroggins wants to risk fines and arrest, are the Chinese restaurant where she takes her grandchildren, the supermarkets and drug stores where she shops, the animal shelter where she adopted her Yorkshire terrier, bowling alley, recycling centre, golf club, and lake shore. In total, 312.5 sq miles are no-go areas for Scroggins under a sweeping court order granted by a local judge that bars her from any properties owned or leased by one of the biggest drillers in the Pennsylvania natural gas rush, Cabot Oil & Gas Corporation. The ban represents one of the most extreme measures taken by the oil and gas industry to date against protesters like Scroggins, who has operated peacefully and within the law including taking Yoko Ono to frack sites in her bid to elevate public concerns about fracking. It was always going to be an unequal fight when Scroggins, now 63, made it her self-appointed mission five years ago to stop fracking in this, the richest part of the Marcellus Shale. The judge [granted] Cabot a temporary injunction barring Scroggins from all property owned or leased by the company. In court filings, Cabot said it holds leases on 200,000 acres of land, equivalent to 312.5 sq miles. That amounts to nearly 40% of the largely rural county in north-eastern Pennsylvania where Scroggins lives and where Cabot does most of its drilling.

Note: For more on government corruption, see the deeply revealing reports from reliable major media sources available here.


Money made at others’ expense
2014-01-28, Washington Post
http://www.washingtonpost.com/opinions/harold-meyerson-money-made-at-others-e...

The paths that many of today’s wealthiest Americans have taken on their road to riches have not bettered most people’s lives. Many have actually hurt most people’s lives. Their riches have come at most other people’s expense. Since the recession officially ended in June 2009, for instance, the wages for all private-sector jobs have fallen, on average, by 0.5 percent. The wages for jobs in financial services, however, have risen by 5.5 percent. Inasmuch as the recession was brought about by the financial services industry, it’s understandable that this disparity would strike most people as unjust. Or consider the mechanisms by which some CEOs earn huge salaries. Last week, the board of directors of JPMorgan Chase voted to raise chief executive Jamie Dimon’s annual pay to $20 million — up from $11.5 million — despite the fact that the bank paid the federal government around $20 billion last year to settle charges stemming from its multiple misdeeds. Laying off workers and depressing their pay has become the key factor in boosting corporate profits in recent years. With profits at a record high as a share of the nation’s gross domestic product and wages at a record low, it’s entirely proper that Americans question the legitimacy of the 1 percent’s wealth.

Note: For more on income inequality, see the deeply revealing reports from reliable major media sources available here.


Australian panel told of sexual abuse of boys at Salvation Army homes
2014-01-28, CNN
http://www.cnn.com/2014/01/28/world/asia/australia-salvation-army-abuse-hearing

An Australian commission is hearing allegations of the physical and sexual abuse of boys in the care of the Salvation Army over several decades. The shocking treatment at some of the organization's boys homes included rape, beatings, locking boys in cages and, in one case, forcing a boy to eat his own vomit, the commission was told. The public hearings, taking place in Sydney, are part of a wide-ranging investigation into how Australian institutions responded to cases of child sexual abuse. The current phase is focusing on the Salvation Army's response to abuse that took place in four of its boys homes in the states of Queensland and New South Wales in the 1960s and '70s. The four homes at the heart of the hearings were identified by the Royal Commission into Institutional Responses to Child Sexual Abuse as those where the most complaints of abuse were made to The Salvation Army. The homes ... were all closed by 1980. Allegations of widespread sexual assault carried out by Salvation Army officers and some of the boys under their supervision were also outlined. At the Bexley home, members of the public also abused boys, [said Simeon Beckett, the counsel assisting the commission], possibly with the knowledge of Salvation Army staff members. "These persons had access to the boys' dormitories at night and would access the dormitories and sexually assault the boys," he said.

Note: If you are ready to see how investigations into a massive child sex abuse ring have led to the highest levels of government, watch the suppressed Discovery Channel documentary "Conspiracy of Silence," available here. For more articles on sexual abuse, see the deeply revealing reports from reliable major media sources available here.


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