JFK Assassination Cover-up, FDA Drug Labels Misleading, Wall Street wealth
Revealing News Articles
October 26, 2009
Dear friends,
Below are key excerpts of important news articles you may have missed. These articles include revealing information on the CIA's ongoing cover-up of key facts about the assassination of John F. Kennedy (JFK), the misleading drug labels approved by the FDA, the US government bailout's creation of a "new era" of Wall Street wealth, and more. Each excerpt is taken verbatim from the major media website listed at the link provided. If any link fails to function, click here. The most important sentences are highlighted for those with limited time. By choosing to educate ourselves and to spread the word, we can and will build a brighter future.
With best wishes,
Tod Fletcher and Fred Burks for PEERS and WantToKnow.info
Special note: To learn about MAVs (Micro Air Vehicles) – electronic "insects" used for spying and clandestine operations – watch the intriguing five-minute clip available here. We've received information that these devices are already operational. And for what looks like it may be a fascinating movie exploring the question "What is God," check out the trailer at this link.
C.I.A. Is Still Cagey About Oswald Mystery
October 17, 2009, New York Times
http://www.nytimes.com/2009/10/17/us/17inquire.html
Is the Central Intelligence Agency covering up some dark secret about the assassination of John F. Kennedy? For six years, the agency has fought in federal court to keep secret hundreds of documents from 1963, when an anti-Castro Cuban group it paid clashed publicly with the soon-to-be [alleged] assassin, Lee Harvey Oswald. The files in question, some released under direction of the court and hundreds more that are still secret, involve the curious career of George E. Joannides, the case officer who oversaw the dissident Cubans in 1963. In 1978, the agency made Mr. Joannides the liaison to the House Select Committee on Assassinations – but never told the committee of his earlier role. That concealment has fueled suspicion that Mr. Joannides's real assignment was to limit what the House committee could learn about C.I.A. activities. The agency's deception was first reported in 2001 by Jefferson Morley, who has doggedly pursued the files ever since. Mr. Morley, 51, [is] a former Washington Post reporter and the author of a 2008 biography of a former C.I.A. station chief in Mexico. After losing an appeals court decision in Mr. Morley's lawsuit, the C.I.A. released material last year confirming Mr. Joannides's deep involvement with the anti-Castro Cubans who confronted Oswald. But the agency is withholding 295 specific documents from the 1960s and '70s, while refusing to confirm or deny the existence of many others. The deceptions began in 1964 with the Warren Commission. The C.I.A. hid its schemes to kill Fidel Castro and its ties to the anti-Castro Directorio Revolucionario Estudantil, or Cuban Student Directorate, which received $50,000 a month in C.I.A. support during 1963. In the years since Oswald was named as the assassin, speculation about who might have been behind him has never ended.
Note: For WantToKnow.info team member Peter Dale Scott's analysis of the extraordinary significance of this New York Times article, click here. For two revealing clips suggesting the official explanation of the JFK assassination was manipulated, click here (for a five-minute clip from the History Channel) and here (for a highly revealing documentary from a CBS affiliate).
Key drug facts left off labels, experts say
October 21, 2009, MSNBC/Associated Press
http://www.msnbc.msn.com/id/33419377/ns/health-more_health_news
Did you know that Lunesta will help you fall asleep just 15 minutes faster? Or that a higher dose of the osteoporosis drug Zometa could damage a cancer patient's kidneys and raise their risk of death? Chances are you didn't, and neither did your doctor. Much of what the Food and Drug Administration knows about a drug's safety and effectiveness is not included on the label, say two drug safety experts who are calling on the agency to make that information more accessible. In ... the New England Journal of Medicine, researchers ... argue that drug labels don't reflect the nuanced decisions the FDA makes when deciding to approve a drug. The editorial from Drs. Lisa Schwartz and Steven Woloshin recommends easy-to-read fact boxes to help patients weigh the benefits and risks of medications. If drug labels sometimes exaggerate benefits and play down drug risks, the authors say there's a very good reason: they are written by drugmakers. While FDA must approve the final labeling, the actual language is drafted by the manufacturer, with input from FDA scientists. The labeling is based on results from company studies, which generally compare results for patients taking the drug versus those taking placebo. If FDA decides the drug's ability to treat or prevent a disease outweighs its side effects, the agency is obligated to approve it. But Schwartz and Woloshin point out that benefits may be slim and potential harms may not be fully understood. "The take home point is that just because a drug is approved doesn't mean it works very well," said Schwartz, in an interview with the Associated Press. "You really need to know more to see whether it's worth the cost." Schwartz and Woloshin say FDA labeling frequently fails to provide a full picture of a drug's effects.
Note: For a powerful summary of corruption in the pharmaceutical industry, click here.
Bailout Helps Fuel New Era of Wall Street Wealth
October 17, 2009, New York Times
http://www.nytimes.com/2009/10/17/business/economy/17wall.html
Even as the economy continues to struggle, much of Wall Street is minting money – and looking forward again to hefty bonuses. Many Americans wonder how this can possibly be. How can some banks be prospering so soon after a financial collapse, even as legions of people worry about losing their jobs and their homes? It may come as a surprise that one of the most powerful forces driving the resurgence on Wall Street is not the banks but Washington. Many of the steps that policy makers took last year to stabilize the financial system – reducing interest rates to near zero, bolstering big banks with taxpayer money, guaranteeing billions of dollars of financial institutions' debts – helped set the stage for this new era of Wall Street wealth. Titans like Goldman Sachs and JPMorgan Chase are making fortunes in hot areas like trading stocks and bonds, rather than in the ho-hum business of lending people money. They also are profiting by taking risks that weaker rivals are unable or unwilling to shoulder – a benefit of less competition after the failure of some investment firms last year. So even as big banks fight efforts in Congress to subject their industry to greater regulation – and to impose some restrictions on executive pay – Wall Street has Washington to thank in part for its latest bonanza. "All of this is facilitated by the Federal Reserve and the government," said Gary Richardson, a research fellow at the National Bureau of Economic Research. "But we have just shown them that they can have the most frightening things happen to them, and we will throw trillions of dollars to protect them. I have big concerns about that."
Note: For lots more on the realities of the Wall Street bailout, click here.
Derivatives: Don't Let Exceptions Kill the Rule
October 18, 2009, New York Times
http://www.nytimes.com/2009/10/18/business/economy/18gret.html
Congress began the work of reforming our troubled financial system last week, and a bill aimed at regulating derivatives passed the House Financial Services Committee on Thursday. Derivatives – contracts that theoretically protect buyers from unforeseen financial calamities but more often are used to fuel raw speculation – were ... at the heart of the banking crisis. Credit default swaps ... propelled the American International Group off the cliff. Those swaps also linked millions of trading partners, creating a web in which one default threatened to produce a chain of corporate and economic failures worldwide. And derivatives aren't going away. So reforming the $42 trillion market for credit swaps is crucial if taxpayers are to be protected from future rescues of institutions deemed not only too big but also too interconnected to fail. The best aspect of the House bill is that it requires many swaps to be traded on exchanges just like stocks, subjecting them for the first time to the light of day. But elsewhere in the bill, ... exceptions to this exchange-trading rule undermine its regulatory power. Big banks dealing in swaps don't want exchange trading, where pricing and the identities of participants would be more publicly transparent. Michael Greenberger, a University of Maryland law professor and an expert in derivatives, criticized the House bill. "The plain language of the legislation can only be read as a Christmas tree of decorative gifts to the banking industry," he said. "And this is being done when people acknowledge the unregulated O.T.C. derivatives market was a principal reason for the meltdown."
Note: For lots more on the realities of the Wall Street bailout, click here.
Health care bills do little to address medical errors
October 16, 2009, San Francisco Chronicle/Hearst News Bureau
http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2009/10/16/MNR01A6COQ.DTL
Health care legislation before Congress takes only modest steps to address a problem that is more deadly than inadequate medical insurance - medical error. Studies show that preventable medical errors - ranging from poor sanitation to mistakes during surgery - kill four times as many people as the lack of medical insurance. In August, a Hearst investigation, "Dead by Mistake," concluded that as many as 200,000 people die each year from medical errors and infections in the United States and that many measures to alleviate the problem have not been adopted 10 years after a landmark federal study, "To Err Is Human." A new Hearst analysis shows that the health care reform bills under consideration by Congress also do not include key recommendations, outlined in the study, that the health care industry has lobbied against ever since. Experts agree that the proposed legislation does not address key aspects of the problem. "We are not seeing a lot about safety, which is interesting, because the nation is acknowledging the 10-year anniversary of 'To Err is Human' and there is a lot of frustration that we have not made more progress," said Jim Conway, senior vice president at the Institute for Healthcare Improvement, a Boston nonprofit that has been pushing hospitals toward safer care. Two major recommendations of the federal study are mandatory reporting of medical errors and, based on those reports, systemic changes to prevent future mistakes. None of the bills include mandatory reporting.
Note: For a powerful summary of corruption in the pharmaceutical industry, click here.
F.D.A. Reveals It Fell to a Push by Lawmakers
September 25, 2009, New York Times
http://www.nytimes.com/2009/09/25/health/policy/25knee.html
The Food and Drug Administration [has admitted] that four New Jersey congressmen and its own former commissioner unduly influenced the process that led to its decision last year to approve a patch for injured knees. The agency's scientific reviewers repeatedly and unanimously over many years decided that the device, known as Menaflex and manufactured by ReGen Biologics Inc., was unsafe because the device often failed, forcing patients to get another operation. But after receiving what an F.D.A. report described as "extreme," "unusual" and persistent pressure from four Democrats from New Jersey ... agency managers overruled the scientists and approved the device for sale in December. All four legislators made their inquiries within a few months of receiving significant campaign contributions from ReGen, which is based in New Jersey, but all said they had acted appropriately and were not influenced by the money. Dr. Andrew C. von Eschenbach, the former drug agency's commissioner, said he had acted properly. The agency has never before publicly questioned the process behind one of its approvals, never admitted that a regulatory decision was influenced by politics, and never accused a former commissioner of questionable conduct. The report, written by top agency officials, said that Dr. von Eschenbach, who resigned as F.D.A. commissioner in January, became as a result of political pressure "personally engaged in the details of a process usually coordinated" by scientific staff. One agency manager concluded that Dr. von Eschenbach "was demanding not only an expedited process but also an outcome in favor of ReGen," the report stated.
Note: For a powerful summary of corruption in the pharmaceutical industry, click here.
U.S. Deficit Rises to $1.4 Trillion; Biggest Since 1945
October 17, 2009, New York Times
http://www.nytimes.com/2009/10/17/us/17deficit.html
The Obama administration [has said] that the federal budget deficit for the fiscal year that just ended was $1.4 trillion, nearly a trillion dollars greater than the year before and the largest shortfall relative to the size of the economy since 1945. The shortfall for the fiscal year 2009, which ended Sept. 30, translates to 10 percent of the economy, according to a joint statement from the Treasury secretary, Timothy F. Geithner, and the director of the Office of Management and Budget, Peter R. Orszag. For the 2008 fiscal year, the deficit of $459 billion was 3.2 percent of the economy, as measured by the gross domestic product. At 10 percent of the gross domestic product, the 2009 deficit is the highest since the end of World War II, when it was 21.5 percent. The overall national debt, which is the accumulation of annual deficits, is nearly $12 trillion, and projected deficits for the next decade will add an estimated $9 trillion more. Administration officials say two-thirds of that is due to Bush administration policies.
Note: The current debt of $12 trillion equals $40,000 for every man, woman, and child in the U.S. Most of the increased deficit is due to the government bailout of the biggest Wall Street banks and investment houses. For lots more on the realities of the Wall Street bailout, click here.
Justice Says Scientist Tried to Share US Secrets
October 20, 2009, New York Times/Associated Press
http://www.nytimes.com/aponline/2009/10/20/us/politics/AP-US-Espionage-Charged.html
A scientist who allegedly tried to sell classified secrets to Israel had worked on the U.S. government's Star Wars missile shield program, and the Justice Department declared Tuesday that he had tried to share some of the nation's most guarded secrets. Arrested in an FBI sting operation, Stewart David Nozette was jailed without bond and accused in a criminal complaint of two counts of attempting to communicate, deliver and transmit classified information. In an interview, Scott Hubbard, a former colleague, said that Nozette was primarily a defense technologist who had worked on the Reagan-era Star Wars effort formally named the Strategic Defense Initiative. ''This was leading edge, Department of Defense national security work,'' said Hubbard, a professor of aerospace at Stanford University who worked for 20 years at NASA. Nozette held a special security clearance equivalent to the Defense Department's top secret and ''critical nuclear weapon design information'' clearances. Authorities became worried about possible espionage activity by Nozette after an investigation by NASA's inspector general in 2006 began looking at whether Nozette submitted false claims for expenses that were not actually incurred. In probing Nozette's finances in that case, investigators found indications he might be working for a foreign government, and they launched a national security investigation that eventually led to the undercover FBI sting.
Note: There's definitely something strange going on here.
Arrest Puts Focus on Protesters' Texting
October 5, 2009, New York Times
http://www.nytimes.com/2009/10/05/nyregion/05txt.html
As demonstrations have evolved with the help of text messages and online social networks, so too has the response of law enforcement. On Thursday, F.B.I. agents descended on a house in Jackson Heights, Queens [NY], and spent 16 hours searching it. The most likely reason for the raid: a man who lived there had helped coordinate communications among protesters at the Group of 20 summit in Pittsburgh. The man, Elliot Madison, 41, a social worker who has described himself as an anarchist, had been arrested in Pittsburgh on Sept. 24 and charged with hindering apprehension or prosecution, criminal use of a communication facility and possession of instruments of crime. The Pennsylvania State Police said he was found in a hotel room with computers and police scanners while using the social-networking site Twitter to spread information about police movements. He has denied wrongdoing. American protesters first made widespread use of mass text messages in New York, during the 2004 Republican National Convention. Messages, sent as events unfolded, allowed demonstrators and others to react quickly to word of arrests, police mobilizations and roving rallies. Mass texting has since become a valued tool among protesters, particularly at large-scale demonstrations. Mr. Madison [may be] the first to be charged criminally while sending information electronically to protesters about the police. "He and a friend were part of a communications network among people protesting the G-20," Mr. Madison's lawyer, Martin Stolar, said on Saturday. "There's absolutely nothing that he's done that should subject him to any criminal liability."
Note: For many reports from reliable sources on increasing government erosion of civil liberties, click here.
Climate change activist stopped from travelling to Copenhagen
October 14, 2009, The Guardian (One of the UK's leading newspapers)
http://www.guardian.co.uk/politics/2009/oct/14/climate-change-activist-held
UK border police used anti-terrorist legislation to prevent a British climate change activist from crossing over into mainland Europe where he planned to take part in events surrounding the forthcoming United Nations summit in Denmark. Chris Kitchen, a 31-year-old office worker, said he feared his treatment by police could mark the start of a clampdown on protesters, hundreds of whom are planning to travel to Copenhagen for the climate change talks in December. [He had hoped] to take part in discussions organised by a network of protest groups coming together under the banner Climate Justice Action. He said he was prevented from crossing the border ... when the coach he was travelling on stopped at the Folkestone terminal of the Channel tunnel. Kitchen said police officers boarded the coach and, after checking all passengers' passports, took him and another climate activist to be interviewed under schedule 7 of the Terrorism Act 2000, a clause which enables border officials to stop and search individuals to determine if they are connected to terrorism. The passports were not initially scanned, Kitchen said, suggesting the officials knew his name and had planned to remove him from the coach before they boarded. During his interview, he was asked questions about his family, work and past political activity. The police also asked him what he intended to do in Copenhagen. When Kitchen said that anti-terrorist legislation does not apply to environmental activists, he said the officer replied that terrorism "could mean a lot of things". Police are understood to be monitoring protesters on a number of databases, some of which highlight individuals when they pass through secure areas, such as ports.
Note: For many reports from reliable sources on increasing government erosion of civil liberties, click here.
'Magnetic electricity' discovered
October 14, 2009, BBC News
http://news.bbc.co.uk/2/hi/technology/8307804.stm
Researchers have discovered a magnetic equivalent to electricity: single magnetic charges that can behave and interact like electrical ones. The work is the first to make use of the magnetic monopoles that exist in special crystals known as spin ice. Writing in Nature journal, a team showed that monopoles gather to form a "magnetic current" like electricity. The phenomenon, dubbed "magnetricity", could be used in magnetic storage or in computing. Magnetic monopoles were first predicted to exist over a century ago, as a perfect analogue to electric charges. In September this year, two research groups independently reported the existence of monopoles - "particles" which carry an overall magnetic charge. But they exist only in the spin ice crystals. These crystals are made up of pyramids of charged atoms, or ions, arranged in such a way that when cooled to exceptionally low temperatures, the materials show tiny, discrete packets of magnetic charge. Now one of those teams has gone on to show that these "quasi-particles" of magnetic charge can move together, forming a magnetic current just like the electric current formed by moving electrons. The team ... showed that when the spin ice was placed in a magnetic field, the monopoles piled up on one side - just like electrons would pile up when placed in an electric field.
Fossils From Animals And Plants Are Not Necessary For Crude Oil And Natural Gas, Swedish Researchers Find
September 12, 2009, Science Daily
http://www.sciencedaily.com/releases/2009/09/090910084259.htm
Researchers at the Royal Institute of Technology (KTH) in Stockholm have managed to prove that fossils from animals and plants are not necessary for crude oil and natural gas to be generated. The findings are revolutionary since this means, on the one hand, that it will be much easier to find these sources of energy and, on the other hand, that they can be found all over the globe. "Using our research we can even say where oil could be found in Sweden," says Vladimir Kutcherov, a professor at the Division of Energy Technology at KTH. Together with two research colleagues, Vladimir Kutcherov has simulated the process involving pressure and heat that occurs naturally in the inner layers of the earth, the process that generates hydrocarbon, the primary component in oil and natural gas. According to Vladimir Kutcherov, the findings are a clear indication that the oil supply is not about to end, which researchers and experts in the field have long feared. He adds that there is no way that fossil oil, with the help of gravity or other forces, could have seeped down to a depth of 10.5 kilometers in the state of Texas, for example, which is rich in oil deposits. As Vladimir Kutcherov sees it, this is further proof, alongside his own research findings, of the genesis of these energy sources – that they can be created in other ways than via fossils. This has long been a matter of lively discussion among scientists. "There is no doubt that our research proves that crude oil and natural gas are generated without the involvement of fossils. All types of bedrock can serve as reservoirs of oil," says Vladimir Kutcherov.
Note: The research work of Kutcherov and others on this topic was recently published in the scientific journal Nature Geoscience. For more reports from reliable sources on key new energy discoveries, click here.
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