Excerpts of Key News Stories in Major Media
Below are many highly revealing excerpts of key news stories from the major media that suggest major cover-ups.
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Floating Mystery Ball Is New Nazi Air Weapon
1944-12-14, New York Times/Reuters
Posted: 2012-12-18 10:15:13
A new German weapon has made its appearance on the western air front, it was disclosed today. Airmen of the American Air Force report that they are encountering silver colored spheres in the air over German territory. The spheres are encountered either singly or in clusters. Sometimes they are semi-translucent.
Note: To find the above article in a New York Times archive search, click here. For an excellent, intriguing documentary exploring the history of a secret Nazi UFO program, including mention of the above spheres, watch "U.F.O. Secrets of the Third Reich" at this link. For other key mind-boggling Nazi technology which has largely been kept secret, click here.
AP's dangerous Iran hoax demands an accounting and explanation
2012-11-29, The Guardian (One of the UK's leading newspapers)
Posted: 2012-12-11 09:02:36
Evidence proves that the graph trumpeted by [the Associated Press] as evidence of Iran's nuclear weapons program is an obvious sham. Although it was intuitively obvious that the graph trumpeted by AP as scary and incriminating of Iran's nuclear program was actually a farce, there is now new, overwhelming, very compelling scientific evidence that is the case. Whether as victim or recklessly culpable participant, AP helped perpetrate a dangerous hoax, and owes an explanation and accounting for what took place, including identifying the "officials from a country critical of Iran's atomic program" who made false claims about what this is. At the Bulletin of Atomic Scientists (BAS), Yousaf Butt and Ferenc Dalnoki-Veress [wrote]: "Graphs such as the one published by the Associated Press can be found in nuclear science textbooks and on the Internet." So what AP presented to the world as some sort of highly complex, specialized document was, in fact, nothing more than a completely common graph easily found in all sorts of public venues. Butt and Dalnoki-Veress document that the graph "does nothing more than indicate either slipshod analysis or an amateurish hoax". That's because, they explain, "the diagram features quite a massive error, which is unlikely to have been made by research scientists working at a national level". This error is patently obvious to anyone versed in nuclear physics. Yet AP - eager to believe, or at least lead others to believe, that it had some incriminating evidence - either failed or refused to understand its significance.
Note: You can find the graph in question and other graphs for comparison at the link above. For a top US general's essay laying bare the desire for continued war at the expense of the public, click here. For deeply revealing reports from reliable major media sources on media corruption, click here.
U.S. overseeing mysterious construction project in Israel
2012-11-28, Washington Post
Posted: 2012-12-11 09:01:07
The U.S. Army Corps of Engineers plans to supervise construction of a five-story underground facility for an Israel Defense Forces complex, oddly named “Site 911,” at an Israeli Air Force base near Tel Aviv. Only U.S. construction firms are being allowed to bid on the contract and proposals are due Dec. 3, according to the latest Corps of Engineers notice. Site 911 is the latest in a long history of military construction projects the United States has undertaken for the IDF under the U.S. Foreign Military Sales program. The 1998 Wye River Memorandum between Israel and the Palestinian Authority has led to about $500 million in U.S. construction of military facilities for the Israelis, most of them initially in an undeveloped part of the Negev Desert. Over the years, the Corps has built underground hangers for Israeli fighter-bombers, facilities for handling nuclear weapons (though Israel does not admit having such weapons), command centers, training bases, intelligence facilities and simulators. Site 911 ... appears to be one of the largest projects. Each of the first three underground floors is to be roughly 41,000 square feet, according to the Corps notice. The lower two floors are much smaller and hold equipment. The purpose of Site 911 is far less clear.
Note: For deeply revealing reports from reliable major media sources on government secrecy, click here.
French Lawmakers Pass Trading Transaction Tax
2012-08-01, Bloomberg Businessweek
Posted: 2012-12-11 08:59:12
France’s parliament passed President Francois Hollande’s revised 2012 budget, including a 0.2 percent transaction tax on share purchases that takes effect today. The bill’s passage into law marks “the first step toward fiscal reform and a move toward justice,” Finance Minister Pierre Moscovici said in a statement. With the vote, France becomes the first European country to impose a transaction tax on share purchases. The Hollande government is doubling the levy to 0.2 percent from the 0.1 percent tax initially advocated by former President Nicolas Sarkozy. Many institutional investors may escape the tax using so-called contracts for difference, or CFDs, offered by prime brokers that let them bet on a stock’s gain or loss with owning the shares. The transaction tax, aimed at curbing market speculation, will be paid on the purchase of 109 French stocks with market values of more than 1 billion euros ($1.2 billion), including Pernod Ricard SA and Vivendi SA. The new budget law will be applied to transactions resulting in “a transfer of property” of companies trading in Paris, regardless of where the buyer or seller is based, and may be expanded next year along with some European partners. France estimated that the doubling of the tax will bring in an additional 170 million euros in 2012 and 500 million euros next year. The state will start collecting the tax in November, Budget Minister Jerome Cahuzac’s press office said. The government estimated that the doubling of the tax will cut the volume of stock purchases to 800 billion euros from 1.05 trillion euros with a 0.1 percent levy and 1.3 trillion euros with no transaction tax.
Note: This exciting news is one of the most underreported events of the year. A universal FTT would stop much of the craziness in the derivatives market. The EU is also seriously considering implementing an FTT. Click here for more.
Fighting Recession the Icelandic Way
Posted: 2012-12-11 08:57:09
Few countries blew up more spectacularly than Iceland in the 2008 financial crisis. The local stock market plunged 90 percent; unemployment rose ninefold; inflation shot to more than 18 percent; the country’s biggest banks all failed. Since then, Iceland has turned in a pretty impressive performance. It has repaid International Monetary Fund rescue loans ahead of schedule. Growth this year will be about 2.5 percent, better than most developed economies. Unemployment has fallen by half. Iceland’s approach was the polar opposite of the U.S. and Europe, which rescued their banks and did little to aid indebted homeowners. Nothing distinguishes Iceland as much as its aid to consumers. To homeowners with negative equity, the country offered write-offs that would wipe out debt above 110 percent of the property value. The government also provided means-tested subsidies to reduce mortgage-interest expenses: Those with lower earnings, less home equity and children were granted the most generous support. In June 2010, the nation’s Supreme Court gave debtors another break: Bank loans that were indexed to foreign currencies were declared illegal. Because the Icelandic krona plunged 80 percent during the crisis, the cost of repaying foreign debt more than doubled. The ruling let consumers repay the banks as if the loans were in krona. These policies helped consumers erase debt equal to 13 percent of Iceland’s $14 billion economy. Now, consumers have money to spend on other things.
Note: For deeply revealing reports from reliable major media sources on the collusion of most major governments with the financial sector whose profiteering contributed to the global economic crisis, click here.
Congress approves federal whistleblower protections
2012-11-14, Washington Post
Posted: 2012-12-11 08:55:36
Congress has finally approved legislation to strengthen protections for federal whistleblowers. The legislation is designed to protect employees who expose government wrongdoing against retaliation by supervisors. The Office of Special Counsel (OSC), which will enforce the Whistleblower Protection Enhancement Act (WPEA), praised the Senate’s action. In a statement, OSC said the legislation will:
*Overturn court decisions that narrowed protections for government whistleblowers. *Give whistleblower protections to employees who are not currently covered, including Transportation Security Administration officers. *Restore the Office of Special Counsel’s ability to seek disciplinary actions against supervisors who retaliate. *Hold agencies accountable for retaliatory investigations. Whistleblower advocates hailed congressional approval of the legislation. “The WPEA closes many loopholes and upgrades protections for federal workers who blow the whistle on waste, fraud, abuse and illegality,” said Angela Canterbury, director of public policy for the Project On Government Oversight. With the Senate’s action, “free speech rights for government employees never have been stronger,” said Tom Devine, legal director of the Government Accountability Project. But Devine added that the legislation is not all that advocates wanted. “It would be dishonest to say our work is done, however, or to deny that government whistleblower rights are still second class compared to those in the private sector,” he said.
Note: For deeply revealing reports from reliable major media sources on government corruption, click here.
The Whistleblowers’ How-To Guide
2011-09-11, The Daily Beast/Newsweek
Posted: 2012-12-11 08:53:51
Frederic Whitehurst had no idea what being a whistleblower entailed. He simply became outraged when he witnessed a colleague in the FBI laboratory giving misleading testimony in a criminal case two decades ago. So the supervisory agent decided to speak up, telling the defense experts about the inaccuracies. It cost him nearly a decade of his career, almost all his life savings, several emotionally draining internal investigations, the humiliation of a psychiatric exam, and an epic legal fight with the bureau. But the proudly stubborn Vietnam veteran persevered and ultimately prevailed in forcing sweeping ethical and scientific reforms at the vaunted FBI crime lab that began in the 1990s and still reverberate today. And while he’d do it all again, Whitehurst doesn’t want future whistleblowers to make the same mistakes he did. That’s why he and 19 other of America’s most famous corporate and government muckrakers of the last quarter century have banded together this month to donate thousands of copies of a book by their lawyer, Stephen Kohn, to libraries across America. Their goal is to give the next generation of American whistleblowers a roadmap, a virtual how-to guide to ensure they can call out wrongdoing successfully, be protected from the customary retributions, and maybe even cash in on False Claim Act awards that can reach into the millions of dollars. [They] are using their own money to buy copies of Kohn’s book, The Whistleblower’s Handbook: A Step-by-Step Guide to Doing What’s Right and Protecting Yourself, and donating them to libraries around the country.
Note: For deeply revealing reports from reliable major media sources on government corruption, click here.
German man locked up over HVB bank allegations may have been telling truth
2012-11-28, The Guardian (One of the UK's leading newspapers)
Posted: 2012-12-11 08:51:25
A German man committed to a high-security psychiatric hospital after being accused of fabricating a story of money-laundering activities at a major bank is to have his case reviewed after evidence has emerged proving the validity of his claims. Gustl Mollath, 56, was submitted to the secure unit of a psychiatric hospital seven years ago after court experts diagnosed him with paranoid personality disorder following his claims that staff at the Hypo Vereinsbank (HVB) – including his wife, then an assets consultant at HVB – had been illegally smuggling large sums of money into Switzerland. Mollath was tried in 2006 after his ex-wife accused him of causing her physical harm. He denied the charges, claiming she was trying to sully his name in the light of the evidence he allegedly had against her. He was admitted to the clinic, where he has remained against his will ever since. But recent evidence brought to the attention of state prosecutors shows that money-laundering activities were indeed practiced over several years by members of staff at the Munich-based bank, the sixth-largest private financial institute in Germany. A number of employees, including Mollath's wife, were subsequently sacked following the bank's investigation. The "Mollath affair", as it has been dubbed by the German media, has taken on such political dimensions that it now threatens to bring down the government of Bavaria.
Note: For deeply revealing reports from reliable major media sources on financial corruption, click here.
US school tag tracker project prompts court row
2012-11-23, BBC News
Posted: 2012-12-11 08:49:23
A court challenge has delayed plans to expel a Texan student for refusing to wear a radio tag that tracked her movements. Religious reasons led Andrea Hernandez to stop wearing the tag that revealed where she was on her school campus. The tags were introduced to track students and help tighten control of school funding. A Texan court has granted a restraining order filed by a civil rights group pending a hearing on use of the tags. ID badges containing radio tags started to be introduced at the start of the 2012 school year to schools run by San Antonio's Northside Independent School District (NISD). Ms Hernandez refused to wear the tag because it conflicted with her religious beliefs, according to court papers. Wearing such a barcoded tag can be seen as a mark of the beast as described in Revelation 13 in the Bible, Ms Hernandez's father told Wired magazine in an interview. NISD suspended Ms Hernandez and said she would no longer be able to attend the John Jay High School unless she wore the ID badge bearing the radio tag. Alternatively it said Ms Hernandez could attend other schools in the district that had not yet joined the radio tagging project. The Rutherford Institute, a liberties campaign group, joined the protests and went to court to get a restraining order to stop NISD suspending Ms Hernandez. The Rutherford Institute said the NISD's suspension violated Texan laws on religious freedom as well as free speech amendments to the US constitution.
Note: For deeply revealing reports from reliable major media sources on microchips and radio tag technologies used to track children, click here.
United States of ALEC
Posted: 2012-12-11 08:47:52
BILL MOYERS: ALEC [The American Legislative Exchange Council] is a nationwide consortium of elected state legislators working side by side with some of America's most powerful corporations. They have an agenda you should know about, a mission to remake America, changing the country by changing its laws, one state at a time. ALEC creates what it calls "model legislation," pro-corporate laws its members push in statehouses across the nation. ALEC says close to a thousand bills, based at least in part on its models, are introduced each year. And an average of 200 pass. This has been going on for decades. Lisa Graves, a former Justice Department attorney, runs the Center for Media and Democracy, a nonprofit investigative reporting group in Madison, Wisconsin. In 2011 by way of an ALEC insider, Graves got her hands on a virtual library of internal ALEC documents. She was amazed by its contents. LISA GRAVES: Bills to change the law to make it harder for American citizens to vote, those were ALEC bills. Bills to dramatically change the rights of Americans who were killed or injured by corporations, those were ALEC bills. Bills to make it harder for unions to do their work were ALEC bills. Bills to basically block climate change agreements, those were ALEC bills. BILL MOYERS: She and her team ... found hundreds of corporations [involved], from Coca-Cola and Koch Industries to Exxon Mobil, Pfizer, and Wal-Mart. There were more than ... 850 boilerplate laws that ALEC legislators could introduce as their own in any state in the union.
Note: For deeply revealing reports from reliable major media sources on government corruption, click here.
Two Years of Cablegate as Bradley Manning Testifies for the First Time
2012-11-29, Huffington Post
Posted: 2012-12-11 08:46:27
November 29th ... marks the two-year anniversary of the first front pages around the world from Cablegate, an archive of 251,287 U.S. State Department diplomatic cables. In collaboration with a network of more than 100 press outlets [Wikileaks] revealed the full spectrum of techniques used by the United States to exert itself around the world. The young intelligence analyst Bradley Manning was detained as an alleged source. Manning has been detained without trial for 921 days. This is the longest pre-trial detention of a U.S. military soldier since at least the Vietnam War. U.S. military law says the maximum is 120 days. The material that Bradley Manning is alleged to have leaked has highlighted astonishing examples of U.S. subversion of the democratic process around the world, systematic evasion of accountability for atrocities and killings, and many other abuses. WikiLeaks released European Commission documents showing that Senator Lieberman and Congressman Peter T. King directly influenced decisions by PayPal, Visa and MasterCard to block donations to WikiLeaks. Since the release of the diplomatic cables, WikiLeaks has continued its operations despite the financial blockade. The information we've disclosed frustrates the controlled political discourse that is trumpeted by establishment media and Western governments to shape public perception. We will continue our fight against the financial blockade, and we will continue to publish. The Pentagon's threats against us do the United States a disservice and will not be heeded.
Note: We don't usually use Huffington Post as a source, but as no other major media carried this important and revealing article written by Wikileaks founder Julian Assange, we are including it here.
CIA Accused of Coverup in Military Scientist’s 1953 Fatal Fall
2012-11-29, San Francisco Chronicle/Bloomberg News
Posted: 2012-12-11 08:44:33
Central Intelligence Agency employees murdered military scientist Frank Olson in 1953 after he raised concerns about testing chemical and biological weapons on human subjects without their consent, according to a lawsuit brought by his two sons. Eric and Nils Olson, in a complaint filed against the U.S. yesterday in Washington, said the agency has covered up the cause of their father’s death for 59 years. Frank Olson, who the CIA admitted was given LSD a few days before his death, didn’t jump from a 13th floor window of the Statler Hotel in New York City, but rather was pushed, they claim. “The circumstances surrounding the death mirrored those detailed in an assassination manual that, upon information and belief, the CIA had drafted that same year,” Scott Gilbert, a lawyer for the Olsons, wrote in the complaint. Olson’s family has tried to piece together how Frank Olson died and the circumstances surrounding his death ever since a 1975 government report on CIA activities in the U.S. said that he committed suicide after being given LSD without his knowledge. Preston Golson, a CIA spokesman, said ... that the agency’s covert behavioral research program known as MK-ULTRA was investigated in 1975 by the Rockefeller Commission and the Church Committee, and in 1977 by the Senate Select Committee on Intelligence and the Senate Subcommittee on Health and Scientific Research. Olson’s sons said in the suit they have asked repeatedly “to be told the truth” about their father’s death. “Each time, the government has responded with falsehoods,” they said.
Note: For lots more on the CIA's Operation MK Ultra, click here. For more on Frank Olson and secret government mind control programs, click here. For deeply revealing reports from reliable major media sources on the games intelligence agencies play, click here.
Experimental treatment for PTSD: Ecstasy
Posted: 2012-12-11 08:42:25
More than 7 million Americans suffer from PTSD, and by most estimates, only half of them -- at best -- are ever cured. A decade ago, the widely acknowledged need for better treatments opened the door to [South Carolina psychiatrist Dr. Michael] Mithoefer and his unconventional approach. By ... February 2005, the soft-spoken, ponytailed Mithoefer had managed to convince the Drug Enforcement Administration to green-light a study of Ecstasy as an adjunct to psychotherapy. He'd gotten the 3,4-methylenedioxy-methylamphetamine (MDMA) -- the chemical name for pure Ecstasy -- from Rick Doblin, the founder of a MAPS, the Multidisciplinary Association for Psychedelic Studies. The group's stated purpose is to develop "medical, legal and cultural contexts for people to benefit from the careful uses of psychedelics and marijuana." It wants to turn mind-altering drugs like Ecstasy into prescription medicine. To win broader acceptance for MDMA -- and for cousins like LSD and psilocybin, the mind-altering compound in so-called magic mushrooms -- "the medical route was the only route. Everything else was blocked." That meant a formal plan for drug development: study protocols, institutional review boards and the rest. Mithoefer, a University of Virginia-trained clinician who specializes in trauma and had a long-running interest in MDMA, was the perfect partner.
Note: To watch a CNN video clip on this showing remarkable success in treating PTSD, click here. For deeply revealing reports from reliable major media sources on beneficial mind-altering drugs, click here.
A ‘Party Drug’ May Help the Brain Cope With Trauma
2012-11-20, New York Times
Posted: 2012-12-11 08:40:58
Hundreds of Iraq and Afghanistan veterans with post-traumatic stress have recently contacted a husband-and-wife team who work in suburban South Carolina to seek help. Many are desperate, pleading for treatment and willing to travel to get it. The soldiers have no interest in traditional talking cures or prescription drugs that have given them little relief. They are lining up to try an alternative: MDMA, better known as Ecstasy, a party drug that surfaced in the 1980s and ’90s that can induce pulses of euphoria and a radiating affection. Government regulators criminalized the drug in 1985, placing it on a list of prohibited substances that includes heroin and LSD. But in recent years, regulators have licensed a small number of labs to produce MDMA for research purposes. In a paper posted online ... by the Journal of Psychopharmacology, Michael and Ann Mithoefer, the husband-and-wife team offering the treatment — which combines psychotherapy with a dose of MDMA — write that they found 15 of 21 people who recovered from severe post-traumatic stress in the therapy in the early 2000s reported minor to virtually no symptoms today. The Mithoefers — he is a psychiatrist and she is a nurse — collaborated on the study with researchers at the Medical University of South Carolina and the nonprofit Multidisciplinary Association for Psychedelic Studies. The patients in this group included mostly rape victims, and experts familiar with the work cautioned that it was preliminary, based on small numbers, and its applicability to war trauma entirely unknown.
Note: For the paper on this remarkable study published published online in the Journal of Psychopharmacology, click here. For deeply revealing reports from reliable major media sources on beneficial mind-altering drugs, click here.
From Finland, an Intriguing School-Reform Model
2011-12-12, New York Times
Posted: 2012-12-11 08:39:00
Pasi Sahlberg, a Finnish educator and author, [said that in] his country, ... teachers typically spend about four hours a day in the classroom, and are paid to spend two hours a week on professional development. At the University of Helsinki, where he teaches, 2,400 people competed last year for 120 slots in the (fully subsidized) master’s program for schoolteachers. “It’s more difficult getting into teacher education than law or medicine,” he said. Dr. Sahlberg puts high-quality teachers at the heart of Finland’s education success story. Ever since Finland, a nation of about 5.5 million that does not start formal education until age 7 and scorns homework and testing until well into the teenage years, scored at the top of a well-respected international test in 2001 in math, science and reading, it has been an object of fascination among American educators and policy makers. Finlandophilia only picked up when the nation placed close to the top again in 2009, while the United States ranked 15th in reading, 19th in math and 27th in science. In Helsinki, the Education Ministry has had 100 official delegations from 40 to 45 countries visit each year since 2005. Dr. Sahlberg said a turning point was a government decision in the 1970s to require all teachers to have master’s degrees — and to pay for their acquisition. Finland scorns almost all standardized testing before age 16 and discourages homework, and it is seen as a violation of children’s right to be children for them to start school any sooner than 7, Dr. Sahlberg said.
Note: The US continues to push for more testing, while Finland shows that less testing and homework gives better results. For an excellent article on this in the Washington Post, click here. For more astounding facts on Finland's education success, click here.
NYPD Officer's Kindness Sparks Online Sensation
2012-11-29, ABC News/Associated Press
Posted: 2012-12-11 08:35:40
A tourist's snapshot of a New York City police officer giving new boots to a barefoot homeless man in Times Square has created an online sensation. Jennifer Foster, of Florence, Ariz., was visiting New York with her boyfriend on Nov. 14, when she came across the shoeless man asking for change in Times Square. As she was about to approach him, she said the officer — identified as Larry DePrimo — came up to the man with a pair of all-weather boots and thermal socks on the frigid night. She recorded his generosity on her cellphone. DePrimo ... remembered the night clearly, that even with two pairs of socks on, his feet were freezing. The homeless man "didn't even have a pair of socks on and I could only imagine how cold that pavement was," the 25-year-old said. The photo shows the officer kneeling beside the man with the boots at his feet. "I have these size 12 boots for you, they are all-weather. Let's put them on and take care of you," Foster quoted DePrimo as saying to the man. She wrote: "The officer squatted down on the ground and proceeded to put socks and the new boots on this man. The officer expected NOTHING in return and did not know I was watching." DePrimo said buying the boots "was something I had to do." He tried to persuade the man to get something to eat, but he declined and left. "When I brought out the shoes, it was just a smile from ear to ear," he said. "It was a great moment for both of us."
Note: You can see the inspiring photo at the link above. For lots of deeply inspiring stories from major media sources, click here.
Hotel security video shows 9/11 Pentagon blast, but no plane
Posted: 2012-12-11 08:32:53
A hotel security camera video released by the U.S. government showed the explosion that followed the crash of American Airlines Flight 77 into the Pentagon on September 11, 2001, but the low-quality recording did not capture an image of the 757 jetliner. The video, recorded by a security camera at the Doubletree Hotel in Arlington, was released to public interest group Judicial Watch and others who filed a lawsuit seeking the tape and other videos from that day. CNN filed a Freedom of Information request for the video in February 2002, after the manager of the hotel disclosed its existence to CNN Senior Pentagon Correspondent Jamie McIntyre and said it had been confiscated by the FBI. CNN's FOI request was denied because at the time the tape was considered evidence in the investigation of Zacarias Moussaoui, who has since been convicted. There was speculation that this video might show the American Airlines 757 jetliner before it crashed, but a close examination by CNN only revealed the subsequent explosion and no image of the jet. The only known record of the plane is on images from the Pentagon security camera, first broadcast by CNN in March of 2002, and officially released in their entirety May of this year.
Note: Scroll down at the link above to find this news clip. To watch this intriguing video footage, click here. How would this video impact the trial of Moussaoui? Why was it confiscated right after 9/11 rather than broadcast widely? The "only known record of the plane" cited in the article is also a highly debatable claim, as it is impossible to tell in this video what actually hit the Pentagon. For deeply revealing information on the 9/11 attacks, click here.
Goldman Sachs' Global Coup D'etat
Posted: 2012-12-04 09:44:37
When the people of Greece saw their democratically elected Prime Minister George Papandreou forced out of office in November of 2011 and replaced by an unelected Conservative technocrat, Lucas Papademos, most were unaware of the bigger picture of what was happening. Most of us in the United States were [equally] ignorant when, in 2008, [Congress] voted “yes” at the behest of Bush's Treasury Secretary Henry Paulsen and jammed through the biggest bailout of Wall Street in our nation’s history. But now, as the Bank of England ... announces that former investment banker Mark Carney will be its new chief, we can’t afford to ignore what’s happening around the world. Steadily – and stealthily – Goldman Sachs is carrying out a global coup d’etat. There’s one tie that binds Lucas Papademos in Greece, Henry Paulsen [and Timothy Geithner] in the United States, and Mark Carney in the U.K., and that’s Goldman Sachs. All were former bankers and executives at the Wall Street giant, all assumed prominent positions of power, and all played a hand after the global financial meltdown of 2007-08, thus making sure Goldman Sachs weathered the storm and made significant profits in the process. As Europe descends [into] economic crisis, Goldman Sachs's people are managing the demise of the continent. As the British newspaper The Independent reported earlier this year, the Conservative technocrats currently steering or who have steered post-crash fiscal policy in Greece, Germany, Italy, Belgium, France, and now the UK, all hail from Goldman Sachs. In fact, the head of the European Central Bank itself, Mario Draghi, was the former managing director of Goldman Sachs International.
Note: Once again truth-out.org carries this important article and vital information which no major media has covered. Strangely, the entire website went down for a while not long after the article was published. If the article cannot be found at the link above, click here.
For deeply revealing reports from reliable major media sources on financial corruption, click here.
What price the new democracy? Goldman Sachs conquers Europe
2011-11-18, The Independent (One of the UK's leading newspapers)
Posted: 2012-12-04 09:43:21
The ascension of Mario Monti to the Italian prime ministership is remarkable for more reasons than it is possible to count. By imposing rule by unelected technocrats, [Italy] has suspended the normal rules of democracy, and maybe democracy itself. And by putting a senior adviser at Goldman Sachs in charge of a Western nation, it has taken to new heights the political power of an investment bank that you might have thought was prohibitively politically toxic. The European Central Bank ... is under ex-Goldman management, and the investment bank's alumni hold sway in the corridors of power in almost every European nation, as they have done in the US throughout the financial crisis. Even before the upheaval in Italy, there was no sign of Goldman Sachs living down its nickname as "the Vampire Squid", and now that its tentacles reach to the top of the eurozone, sceptical voices are raising questions over its influence. Simon Johnson, the former International Monetary Fund economist, in his book 13 Bankers: The Wall Street Takeover and the Next Financial Meltdown, argued that Goldman Sachs and the other large banks had become so close to government in the run-up to the financial crisis that the US was effectively an oligarchy. At least European politicians aren't "bought and paid for" by corporations, as in the US, he says. "Instead what you have in Europe is a shared world-view among the policy elite and the bankers, a shared set of goals and mutual reinforcement of illusions." This is The Goldman Sachs Project. Put simply, it is to hug governments close.
Note: For revealing major media articles on key secret societies which manipulate global politics, click here. For deeply revealing reports from reliable major media sources on financial corruption, click here.
'Anyone can make money from a crash,' says market trader
2011-09-26, BBC News
Posted: 2012-12-04 09:41:55
Ministers from the world's richest nations are reportedly on the way to agreeing [to] a deal for troubled eurozone countries. But one independent market trader - Alessio Rastani - told the BBC the plan "won't work" and that people should be trying to make money from a market crash. Trader Alessio Rastani: I'm fairly confident the Euro is going to crash, and it's going to fall pretty hard because markets are ruled right now by fear. Investors and the big money, the smart money ... don't buy this rescue plan. They know the stock market is finished. They don't really care. They're moving their money away to safer assets like treasury bonds, 30-year bonds, and the U.S. dollar. For most traders, we don’t really care that much how they're going to fix the economy. Our job is to make money from it. And personally, I’ve been dreaming of this moment for three years. I go to bed every night [and] I dream of another recession. When the market crashes … if you have the right plan set up, you can make a lot of money from this. Be prepared, and act now. The biggest risk people can take right now is not acting. This economic crisis is like a cancer. In less than 12 months, my prediction is that the savings of millions people is going to vanish, and this is just the beginning. This is not a time right now for wishful thinking that governments are going to sort things out. The governments don’t rule the world, Goldman Sachs rules the world.
Note: Part of the text above is not listed in the text at the link above, but in the BBC video on that page. The video is a must watch for one expert's important view on an impending future economic collapse. For lots more excellent information showing the incredible power of Goldman Sachs and more on this important topic, click here. For deeply revealing reports from reliable major media sources on financial corruption, click here.