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Outgoing Obama counselor John Podesta remains a devoted fan of things extraterrestrial. When Podesta, who was President Bill Clintons chief of staff, returned to White House duty in late 2013, we wrote that his arrival meant the Obama presidential library will be inundated just as the Clinton library in Little Rock has been with Freedom of Information Act requests, such as this one: for e-mails to and from John Podesta, containing the words either, X-Files or Area 51. Karen Tumulty asked him in 2007 about the FOIA jam at the library, and Podesta, through a spokesman, replied: The truth is out there. And, just to make sure the FOIA requesters dont forget, Podesta tweeted Thursday: Finally, my biggest failure of 2014: Once again not securing the #disclosure of the UFO files. #thetruthisstilloutthere.
Note: Read more in this intriguing article and this one. Podesta wrote the introduction to a 2010 book titled, UFOs: Generals, Pilots, and Government Officials Go on the Record. Watch Edgar Mitchell, the sixth man to walk on the moon, talk about what really happened at Roswell. For more along these lines, see concise summaries of deeply revealing UFO news articles from reliable major media sources.
The experiment is simple. Put a rat in a cage, alone, with two water bottles. One is just water. The other is water laced with heroin or cocaine. Almost every time you run this experiment, the rat will become obsessed with the drugged water, and keep coming back for more and more, until it kills itself. But in the 1970s ... Bruce Alexander noticed [that] the rat is put in the cage all alone. It has nothing to do but take the drugs. What would happen, he wondered, if we tried this differently? So Professor Alexander built Rat Park. It is a lush cage where the rats would have colored balls and the best rat-food and tunnels to scamper down and plenty of friends. The rats with good lives ... mostly shunned [the drugged water]. While all the rats who were alone and unhappy became heavy users, none of the rats who had a happy environment did. Professor Alexander argues [that] addiction is an adaptation. Its not you. Its your cage. This gives us an insight that goes much deeper than the need to understand addicts. The opposite of addiction is not sobriety. It is human connection. This isnt [just] theoretical. 15 years ago, Portugal had one of the worst drug problems in Europe, with one percent of the population addicted to heroin. They had tried a drug war, and the problem just kept getting worse. So they decided to do something radically different. They resolved to decriminalize all drugs, and transfer all the money they used to spend on arresting and jailing drug addicts, and spend it instead on reconnecting them to their own feelings, and to the wider society. The results? Since total decriminalization, addiction has fallen, and injecting drug use is down by 50 percent.
Note: The complete article tells the story of internationally renown journalist Johann Hari's profound shift in thinking about addiction as he personally investigated Portugal's inspiring success.
Iceland's government appointed a special prosecutor to investigate its bankers after the world's financial systems were rocked by the discovery of huge debts and widespread poor corporate governance. "This ... sends a strong message that will wake up discussion," special prosecutor Olafur Hauksson told Reuters. "It shows that these financial cases may be hard, but they can also produce results." The country's efforts contrast with the United States and particularly Europe, where though some banks have been fined, few executives have been tried and voters suffering post-crisis austerity conditions feel bankers got off lightly. Iceland struggled initially to appoint a special prosecutor. Hauksson ... was encouraged to put in for the job after the initial advertisement drew no applications. Icelandic lower courts have convicted the chief executives of all three of its largest banks for their responsibility in [the] crisis. They also convicted former chief executives of two other major banks, Glitnir and Landsbanki, for charges ranging from fraud and market manipulation. Many Icelanders have been frustrated that justice has been slow. The prosecutors' office has been hit by budget cuts since it was set up. But Hauksson believes the existing rulings mean there is less chance of similar scandals in the future. "There is some indication that the banks are more cautious," he said. Asked whether he would take the job again ... Hauksson replied, laughing: "Yes. And I'd probably be the only applicant again."
Note: For more along these lines, see concise summaries of deeply revealing financial industry corruption news articles from reliable major media sources.
Russia, the United States, Japan and many parts of Europe lost ground last year in its ranking of global press freedoms. The rise of non-state groups, crackdowns on demonstrations, wars and economic crises provided a backdrop for a tough 2014. The Paris-based media watchdog [Reporters Without Borders] said two-thirds of the 180 countries surveyed in its annual World Press Freedom index scored worse than a year earlier. Western Europe, while top-ranked, lost the most ground as a region. Three Nordic countries headed the list, but there was slippage in Italy where Mafia and other threats weighed on journalists and Iceland, where the relationship between the media and politicians soured. The U.S. fell three places to 49th amid a war on information by the Obama administration. Reporters also faced difficulty covering events like demonstrations in Ferguson, Missouri, where black teen Michael Brown was shot dead in August by a white police officer. Russia dropped two notches to 152nd place after passing draconian laws to limit freedom of information, the group said. Legislation allowing access to information helped Mongolia jump 34 spots the highest single advance to 54th place. China, Iran and North Korea all remained among the 10 lowest-ranked countries. The group uses seven criteria to calculate its index measures for media independence, the diversity of opinions expressed, self-censorship, transparency, abuses and the legislative environment.
Note: For more on ongoing threats to press freedom, see concise summaries of deeply revealing media manipulation stories from reliable sources.
The New York Times on Tuesday republished its first-ever profile of Adolph Hitler and it seems the newspaper's "reliable, well-informed sources" were not so reliable. The Nov. 21, 1922 article - headlined "New Popular Idol Rises in Bavaria" - offers a profile of the 33-year-old leader of the so-called Bavarian Fascisti. While the paper accurately characterizes Hitler's hatred toward Jews and the popularity of his vitriolic public speeches, the Times also quotes sources who were just a bit off the mark. The Times wrote: "Several reliable, well-informed sources confirmed the idea that Hitler's anti-Semitism was not so genuine or violent as it sounded, and that he was merely using anti-Semitic propaganda as a bait to catch masses of followers and keep them aroused, enthusiastic, and in line for the time when his organization is perfected and sufficiently powerful to be employed effectively for political purposes." The Times also quoted an unnamed politician who said Hitler was being politically deft for exaggerating his anti-Semitism. "You can't expect the masses to understand or appreciate your finer real aims," the newspaper quoted the politician as saying. "You must feed the masses with cruder morsels and ideas like anti-Semitism. It would be politically all wrong to tell them the truth about where you really are leading them." Two years later, on Dec. 21, 1924, the newspaper published another story with a headline that conveyed another questionable assessment of the future German chancellor: "Hitler Tamed By Prison."
Note: For more, see this Daily Kos article. For more along these lines, see concise summaries of deeply revealing mass media news articles.
The duty to guide patients through the end-of-life decision-making process rests squarely upon primary care providers, writes one internist in The New England Journal of Medicine. Susan Tolle, director of the Center for Ethics in Health Care at the Oregon Health and Science University, is one of three physicians responding to the NEJMs most recent Clinical Decisions case feature, detailing a woman undergoing treatment for metastatic breast cancer. The two other physicians who responded with their opinions ... claim an oncologist or palliative specialist should initiate the conversation about the patients goals. But Tolle says it is the primary care physicians obligation to lead this difficult discussion. [Yet] without widespread intervention of primary providers, patients will be less likely to ensure their end of life wishes are honored. Leaders within the American College of Physicians ... agree. Somebody has to step up, said Robert Centor, Chair of the ACP Board of Regents. If youre a primary care physician, its incumbent on you to have the discussion with patients before and especially after they get sick about goals. If we dont know a patients goals, they cant get the best possible care. End of life planning, however, is not a billable Medicare service.
Note: For more along these lines, see concise summaries of deeply revealing health news articles from reliable major media sources. Then explore the excellent, reliable resources provided in our Health Information Center.
India's two political giants were defeated Tuesday by an anti-corruption party led by a former tax inspector. Arvind Kejriwal, a youthful-looking former tax inspector and winner of Asias equivalent of the Nobel Prize, has pulled off a stunning near-sweep in New Delhi's local elections on Tuesday. The Aam Aadmi, or "Common Man," party won 67 of 70 seats in New Delhi, the largest single victory ever in India's capital. The party's victory also marks the first major loss for the Hindu nationalist BJP party since its own sweep of India last spring, [and] the first time that Congress, the venerable party associated with the liberation movement of Mohandas Gandhi, failed to win a single seat in Delhi. The success of the Common Man party stems from its sustained campaign against corruption combined with a dedicated army of volunteers. Analysts say Kejriwal also benefited from the perceived arrogance or overconfidence of the BJP. Kejriwal existed for years under the political radar in India, surfacing from time to time to take up transparency issues like clarifying the Right to Information Act. He was born in 1968 in a middle class family from Haryana state in the north and graduated from the Indian Institute of Technology with a degree in mechanical engineering, moving then to work for the Tata group and then the Indian public tax service. Kejriwal entered politics in 2012 and championed transparency and anti-corruption. He launched a party that brought together activists, youth, and poor people, and his anti-graft ideas caused a stir nationwide. His partys symbol is a broom, a reference to its origins as an anti-graft campaign group.
Note: Explore a treasure trove of concise summaries of incredibly inspiring news articles which will inspire you to make a difference.
A 13-year-old boy killed in Yemen last month by a CIA drone strike had told the Guardian just months earlier that he lived in constant fear of the death machines in the sky that had already killed his father and brother. I see them every day and we are scared of them, said Mohammed Tuaiman. He died two weeks ago. In 2011 an unmanned combat drone killed his father and teenage brother as they were out herding the familys camels. The drone that would kill Mohammed struck on 26 January in Hareeb, about an hour from his home. The drone hit the car carrying the teenager, his brother-in-law Abdullah Khalid al-Zindani and a third man. I saw all the bodies completely burned, like charcoal, Mohammeds older brother Maqded said. US government officials told Reuters that the strike had been carried out by the CIA and had killed three men believed to be al-Qaida militants. Maqdad said the family had been wrongly associated with al-Qaida. Speaking from al-Zur the day after his brothers death, Meqdad said: After our father died, al-Qaida came to us to offer support. But we are not with them. We will do anything go to court, whatever in order to prove that [Mohammed] was not with al-Qaida. When the Guardian interviewed Mohammed last September, he spoke of his anger towards the US government: They tell us that these drones come from bases in Saudi Arabia and also from bases in the Yemeni seas and America sends them to kill terrorists, but they always kill innocent people. We dont know why they are killing us."
Note: How is it that the US gets away with killing so many innocent civilians and there is not an uproar? For a possible answer, read what a top US general had to say in this article . For more, read a summary of the revealing Los Angeles Times report "Living with death by drone".
The idea was once considered fringe to purposely re-engineer the planet's climate as a last ditch effort to battle global warming with an artificial cloud. No longer. In a nuanced, two-volume report, the National Academy of Sciences said that the concept should not be acted upon immediately because it is too risky, but it should be studied and perhaps tested outdoors in small projects. Because warming has worsened and some countries might act unilaterally, scientists said research is needed to calculate the consequences. Panel chairwoman Marcia McNutt, editor of the journal Science and former director of the U.S. Geological Survey, said in an interview that the public should read this report "and say, 'This is downright scary.' And they should say, 'If this is our Hail Mary, what a scary, scary place we are in.'" The committee scientists said once you start this type of tinkering, it would be difficult to stop. A decision to spray particles into the air would have to continue for more than 1,000 years. The report was requested by U.S. intelligence agencies, academy president Ralph J. Ciccerone said. Because the world is not reducing the emissions of greenhouse gases that cause global warming, scientists have been forced "to at least consider what is known as geoengineering," he said.
Note: The National Academy of Science's two-part report says that geoengineering technologies "present serious known and possible unknown environmental, social, and political risks, including the possibility of being deployed unilaterally." The US military has used the weather as a weapon in the past. Now, with a deeply corrupt scientific establishment being guided by corrupt intelligence agencies to meddle with the planet's total ecology, and with low public awareness about the messy history of mysterious atmospheric experiments over cities in the U.S. and elsewhere, what could possibly go wrong?
The Equal Justice Initiative in Montgomery, Ala., released a report on the history of lynchings in the United States. The authors of the report compiled an inventory of 3,959 victims of racial terror lynchings in 12 Southern states from 1877 to 1950. Next comes the process of selecting lynching sites where the organization plans to erect markers and memorials, which will involve significant fund-raising, negotiations with distrustful landowners and, almost undoubtedly, intense controversy. The process is intended, [Equal Justice Initiative founder Bryan] Stevenson said, to force people to reckon with the narrative through-line of the countrys vicious racial history, rather than thinking of that history in a short-range, piecemeal way. Lynching and the terror era shaped the geography, politics, economics and social characteristics of being black in America during the 20th century, Mr. Stevenson said, arguing that many participants in the great migration from the South should be thought of as refugees fleeing terrorism rather than people simply seeking work. The lynching report is part of a longer project Mr. Stevenson began several years ago. One phase involved the erection of historical markers about the extensive slave markets in Montgomery. The city and state governments were not welcoming of the markers, despite the abundance of Civil War and civil rights movement memorials in Montgomery, but Mr. Stevenson is planning to do the same thing elsewhere.
Note: See just how widespread historic racial violence was on this interactive map of lynchings developed from the Equal Justice Initiative report. Then read about the black policeman who has been subjected to a "stop and frisk" search 30 times. For more along these lines, see concise summaries of deeply revealing civil liberties news articles from reliable major media sources.
The Southern California desert is now home to the world's largest solar power plant. U.S. Interior Secretary Sally Jewell joined state officials on Monday to open the 550-megawatt Desert Sunlight solar project in the town of Desert Center, Calif., near Joshua Tree National Park. Built by First Solar, the project generates enough electricity to power 160,000 average California homes. Desert Sunlight received a federal loan of nearly $1.5 billion. Money provided by the project's owners ... is also being used to fund $400,000 in improvements to the community center in nearby Desert Center. Desert Sunlight is the world's largest solar power plant, although only by a hair. The Topaz solar project in San Luis Obispo County, Calif. which, like Desert Sunlight, was built by Arizona-based First Solar also has a capacity of 550 megawatts. But the desert has more abundant sunlight than San Luis Obispo County, so Desert Sunlight will actually generate more electricity than Topaz, said Georges Antoun, First Solar's chief operating officer. California as a whole has installed more renewable energy than any other state, noted David Hochschild, a member of the California Energy Commission. "There were a lot of skeptics who actually didn't believe that renewables could scale, that this cost reduction could happen, that we could introduce it to the grid," Hochschild said. "They've been proven wrong."
Note: Explore a treasure trove of concise summaries of incredibly inspiring news articles which will inspire you to make a difference.
When U.S. health regulators find serious problems with how medical researchers collect their data, the researchers final reports often dont mention it, a new analysis suggests. Out of 78 published papers reporting on clinical trials in which the U.S. Food and Drug Administration found very serious issues, only three mentioned any violations, the new report says. These are major things, said Charles Seife, a journalism professor and the studys author. Using documents and data from 1998 to 2013, Seife and his students at New York University in New York City identified 57 clinical trials that received an official action indicated violation - the most serious type of violation for trials - for reasons including poor record keeping, false information and poor patient safety. The problems that weren't reported were sometimes egregious. One paper, for example, said all patients reported improvement, but in fact, the FDA found that one patient had a foot amputated two weeks after receiving the treatment. In another case, the entire clinical trial was considered unreliable by the FDA - but the published paper didn't mention that. In another, researchers falsified data, which led to one patients death. Data on these violations are not readily available. So it's impossible to say how often tainted data are published and how often the violations are noted, Seife said.
Note: Read an informative article with much more detail about the egregious conduct of the FDA. This article raises the question, "Why does the FDA stay silent about fraud and misconduct in scientific studies of medicine?" For more along these lines, see concise summaries of deeply revealing science corruption news articles from reliable major media sources.
A former Home Office researcher says a bullying culture at Rotherham Council led to her warnings of child sexual exploitation being suppressed in 2002, years before action was finally taken. A report this month by government official Louise Casey concluded the council was not "fit for purpose". The council says it is investigating researcher Adele Gladman's claims. Previously, she has only spoken anonymously. "What I didn't realise was just how many whistle-blowers there had been over the years and how many opportunities to change poor practice," she said. "That has cost young people their health, their happiness and in some cases their lives." Ms Gladman was based at Rotherham Council when she carried out the work for the Home Office. She describes being subjected to bullying and intimidation after her research found a small number of men, mainly of Pakistani heritage, were sexually exploiting a significant number of young people. She says the council sent her on race awareness training and effectively suppressed her report. "I had every aspect of my professionalism questioned," she said. "I had every aspect of my work questioned. I had data removed over a weekend so that I couldn't substantiate my findings." She says the bullying she faced went beyond the local authority and remembers a police officer approaching her outside her office. "He and a colleague said words along the lines of 'Wouldn't it be a shame if these perpetrators found out where you and your family lived'. "And I took that as a direct threat to my personal safety. The message was very clear."
Note: By 'conservative estimates' detailed in a 2014 report, over 1400 children as young as 12 were sexually exploited between 1997 and 2013 in Rotherham. Police and elected officials actively helped the perpetrators, covered up the crimes, and systematically prevented the victims from getting help. For more, watch powerful evidence in a suppressed Discovery Channel documentary showing that child sexual abuse scandals reach to the highest levels of government, or read deeply revealing sex abuse scandal news articles from reliable major media sources.
Samsung is warning customers about discussing personal information in front of their smart television set. The warning applies to TV viewers who control their Samsung Smart TV using its voice activation feature. When the feature is active, such TV sets "listen" to what is said and may share what they hear with Samsung or third parties, it said. Privacy campaigners said the technology smacked of the telescreens, in George Orwell's 1984, which spied on citizens. The warning came to light via a story in ... the Daily Beast which published an excerpt of a section of Samsung's privacy policy for its net-connected Smart TV sets. These record what is said when a button on a remote control is pressed. The policy explains that the TV set will be listening to people in the same room to try to spot when commands or queries are issued via the remote. It goes on to say: "If your spoken words include personal or other sensitive information, that information will be among the data captured and transmitted to a third party." Corynne McSherry, an intellectual property lawyer for the Electronic Frontier Foundation, [said] that the third party was probably the company providing speech-to-text conversion for Samsung. She added: "If I were the customer, I might like to know who that third party was, and I'd definitely like to know whether my words were being transmitted in a secure form." The third party handling the translation from speech to text is a firm called Nuance, which specialises in voice recognition, Samsung has confirmed to the BBC.
Note: Read more about Samsung's privacy issues in this 2013 Houston Chronicle article. For more along these lines, see concise summaries of deeply revealing news articles on the disappearance of privacy from reliable major media sources.
Many Samsung "SmartTVs" come equipped with voice recognition, which allows you to bark commands at your TV. Since the television is always listening for your voice, Samsung has warned its SmartTV customers that every word is being captured and sent over the Internet. Samsung says it needs to send your voice commands to a third-party, because that company converts your speech to text. But Samsung also collects your voice commands to perform research and determine whether it needs to make improvements to the feature. Samsung noted that a microphone appears on the screen when the voice recognition feature is turned on, notifying customers that their voice is being captured. You can opt-out of the SmartTV voice recognition feature. But even if you opt out, your voice commands will still be captured. The SmartTV has a set of pre-programmed commands that it recognizes even if you opt out of voice recognition. Samsung will collect the text of those pre-programmed voice commands (though not your voice itself) and analyze how much you're using certain commands. "Samsung does not retain voice data or sell it to third parties," the company said in a statement. "If a consumer consents and uses the voice recognition feature ... the voice data is sent to a server, which searches for the requested content then returns the desired content to the TV."
Note: For more along these lines, see concise summaries of deeply revealing news articles on corporate corruption and the disappearance of privacy.
The endless adaptability of the human brain is summed up by the term "neuroplasticity". A few decades ago, scientists thought the brain was relatively fixed. It was also believed that different areas of the brain had their own specialities and didn't veer from these. Now we know that ... new neurons do grow. New neural pathways can be formed and, when disease or damage occurs in one part of the brain, cortical maps can be redrawn to make up for lost function. [Norman] Doidge, a Canadian psychiatrist and psychoanalyst, is the master of explaining how the brain's plasticity can be harnessed to improve the symptoms of brain-related disorders, ranging from stroke to autism. Doidge [identifies] stages of healing [the brain]: corrections of general cellular functions of the neurons and glia, neurostimulation, neuromodulation, neurorelaxation and neurodifferentiation and learning. The first stage [is] about restoring brain cell health. Doidge says that he has seen patients with depression, bipolar disorder and attention deficit disorder "make major progress by eliminating toxins and certain foods, such as sugar and grains, that they were sensitive to". Neurostimulation is when "dormant circuits in the hurt brain" are stimulated. This is followed by neuromodulation, where the brain is reset so that it's neither too excited nor too inhibited. Brain disorders often leave the person exhausted, so relaxation is an important part of recovery. Neurodifferentiation and learning is ... the stage when the brain does "what it does best" which is, apparently, "making fine distinctions".
Note: Explore a treasure trove of concise summaries of incredibly inspiring news articles which will inspire you to make a difference.
Jim Clifton, longtime CEO of Gallup ... penned an op-ed on the company website referring to the big lie of the official Bureau of Labor Statistics monthly unemployment rate. The 5.7% rate for January he says is woefully inadequate and does not take into account part-time workers, those earning $20 a week, those underemployed, and the hundreds of thousands of others who have simply given up looking for work. The real unemployment is much larger. In all of this, Clifton is absolutely right. The published rate is not only woefully inadequate, it is misleading and dishonest. In a follow up interview on CNBC ... he notes that he fears that telling the truth will endanger his life. So he backed off the big lie headline by telling CNBC: I think that the number that comes out of BLS [Bureau of Labor Statistics] and the Department of Labor is very, very accurate. I need to make that very, very clear so that I dont suddenly disappear. I need to make it home tonight.
Note: Read the article by Gallup CEO Jim Clifton showing that the US official unemployment rate of 5.6% is very misleading. Gallup research finds 44% of US citizens available to work are not getting enough work. Then watch the video where he admits he fears for his life for reporting on this. Notably, the Forbes article summarized above confirms that Clifton's statements are accurate, but criticizes him for revealing that mass media is manipulated by the financial and political elite.
HSBCs Swiss banking arm helped wealthy customers dodge taxes and conceal millions of dollars of assets, doling out bundles of untraceable cash and advising clients on how to circumvent domestic tax authorities, according to a huge cache of leaked secret bank account files. HSBC was headed during the period covered in the files by Stephen Green now Lord Green who served as the global banks chief executive, then group chairman until 2010 when he left to become a trade minister in the House of Lords for David Camerons new government. The files show how HSBC in Switzerland keenly marketed tax avoidance strategies to its wealthy clients. The bank proactively contacted clients in 2005 to suggest ways to avoid a new tax levied on the Swiss savings accounts of EU citizens, a measure brought in through a treaty between Switzerland and the EU to tackle secret offshore accounts. The documents also show HSBCs Swiss subsidiary providing banking services to relatives of dictators, people implicated in African corruption scandals, arms industry figures and others. HSBC is already facing criminal investigations and charges in France, Belgium, the US and Argentina as a result of the leak of the files, but no legal action has been taken against it in Britain.
Note: Read lots more excellent information in a Rolling Stone article by Matt Taibbi. US Senator Elizabeth Warren is working hard to bring justice in this case. HSBC was founded to service the international drug trade following the 19th century opium war, and continues to launder money for drug cartels and terrorists on a massive scale. Now we learn that HSBC also provides financial services related to conflict diamonds, weapons trafficking, political corruption, and other organized criminal activities. Perhaps these criminal bankers are tolerated because the global economy might collapse without their cash.
Virginia Roberts was so badly assaulted during the attacks by friends of billionaire convicted paedophile Jeffrey Epstein that she feared for her life, a court in Florida was told. There were times when I was physically abused to the point that I remember fearfully thinking that I didnt know whether I was going to survive, Ms Roberts, now 31, alleged. She accused US authorities of withholding taped evidence showing her engaging in sexual activity against her will in an affidavit filed on Friday. Based on my knowledge of Epstein and his organisation, as well as discussions with the FBI, it is my belief that federal prosecutors likely possess videotapes and photographic images of me as an underage girl having sex with Epstein and some of his powerful friends, she said. Ms Roberts said she had only recently dared to come forward because of the physical abuse that I suffered when Epstein forced me to have sex with other people. By standing up for what is right, Im worried that Epstein, or others named here, will come after me. Ms Roberts said she believed the video evidence could be being withheld for future use as blackmail. And she detailed interactions with FBI staff she believed indicated she was the victim of a cover up orchestrated by friends of Mr Epstein. The new affidavit was submitted under oath and understood to be part of Ms Roberts attempt to have her case joined to another long-running law suit against the Brooklyn-born tycoon filed in a Florida federal court.
Note: Billionaire Jeffrey Epstein has been called "the most dangerous sexual predator America has ever seen." He got caught orchestrating a massive international child sex trafficking ring. He then used his connections to cover it up and silence all but a few of his 40+ victims. For more, watch powerful evidence in a suppressed Discovery Channel documentary showing that child sexual abuse scandals reach to the highest levels of government, or read deeply revealing sex abuse scandal news articles from reliable major media sources.
Behind the dark glass towers of the Time Warner Center ... a majority of owners have taken steps to keep their identities hidden, registering condos in trusts, limited liability companies or other entities that shield their names. By piercing the secrecy of more than 200 shell companies, The New York Times documented a decade of ownership in this iconic Manhattan way station for global money, [and] found a growing proportion of wealthy foreigners, at least 16 of whom have been the subject of government inquiries around the world. The cases range from housing and environmental violations to financial fraud. Four owners have been arrested, and another four have been the subject of fines or penalties for illegal activities. They have been able to make these multimillion-dollar [real estate] purchases with few questions asked because of United States laws that foster the movement of largely untraceable money through shell companies. Vast sums are flowing unchecked around the world as never before whether motivated by corruption, tax avoidance or investment strategy, and enabled by an ever-more-borderless economy and a proliferation of ways to move and hide assets. The high-end real estate market has become less and less transparent and more alluring for those abroad with assets they wish to keep anonymous even as the United States pushes other nations to help stanch the flow of American money leaving the country to avoid taxes.
Note: The New York Times investigation at the above link provides a comprehensive look at the international crime and political corruption at the heart of Manhattan's spiking real estate prices.
Important Note: Explore our full index to key excerpts of revealing major media news articles on several dozen engaging topics. And don't miss amazing excerpts from 20 of the most revealing news articles ever published.
