JP Morgan Abetted Madoff, Goldman Bonuses & Salaries Skyrocket, FBI Law Violations
Revealing News Articles
February 7, 2011
Dear friends,
Below are key excerpts of revealing news articles on JP Morgan Chase's long relationship abetting Bernard Madoff's ponzi scheme, skyrocketing salaries and bonuses at Goldman Sachs, hundreds of law violations by the FBI in national security-related investigations, 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: For some powerful information by respected health professionals questioning the research on vaccines, click here. For a highly intriguing article with research and testimony by numerous MDs and PhDs suggesting that marijuana decreases cancer tumor size, click here. For an inspiring movement being spearheaded by singer Peter Gabriel which helps people document human rights violations on video, see the CNN video clip available here and the website here. And for information on how global food prices are being manipulated by Wall Street and creating much more hunger and disruption than is necessary, click here.
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Trustee: J.P. Morgan Abetted Madoff
February 4, 2011, Wall Street Journal
http://online.wsj.com/article/SB10001424052748703652104576122300990479090.html
J.P. Morgan Chase & Co. ignored or dismissed warning signs about the Madoff fraud even as it earned hundreds of millions of dollars from its relationship with his firm, according to a lawsuit unsealed [on February 3]. The $6.4 billion lawsuit ... claims that bankers at J.P. Morgan discussed the possibility that Bernard Madoff was operating a Ponzi scheme, worried that a firm of such size was audited by a storefront accountant and called his returns "too good to be true." "While numerous financial institutions enabled Madoff's fraud, JPMC was at the very center of that fraud, and thoroughly complicit in it," according to the 115-page lawsuit, filed under seal in December by Irving Picard, the trustee seeking to recover money for Mr. Madoff's victims. The complaint seeks the return of nearly $1 billion in J.P. Morgan's profits and fees, and $5.4 billion in damages. It goes into great detail about the bank's alleged efforts, starting in about 2006, to make money by offering products tied to Mr. Madoff through investment funds that fed money to him. The lawsuit offers a detailed account of the more than two decade relationship between J.P. Morgan and Mr. Madoff. The lawsuit claims that the bank didn't pay attention to billions of dollars passing through the Madoff firm's main J.P. Morgan account, much of it by hand-written check, or to discrepancies in the account balance and unreported obligations.
Note: For lots more from major media sources on the criminal practices of the biggest financial institutions, click here.
America's favorite bankers have outdone themselves yet again
January 30, 2011, CNN
http://finance.fortune.cnn.com/2011/01/30/money-for-nothing-at-goldman/
How might you compensate management for a year in which profits plunged, you spent $550 million of shareholder money to settle a fraud investigation and your stock ended up more or less exactly where it started? You might be tempted to nix raises or withhold bonuses to send a responsible message about linking pay to performance. But if so, you wouldn't be Goldman Sachs. It just had the year described above – and responded by tripling everyone's base salary while boosting bonuses by 40%. Is this a great country or what? Goldman said in a filing [on January 28] that CEO Lloyd Blankfein will make $2 million this year, and his top lieutenants will each make $1.85 million. Top Goldman brass had been making $600,000 annually in salary since the firm's 1999 initial public offering. All 470 of Goldman's partners will get higher salaries. The top five officers will also get $12.6 million each in bonuses. That's up from $9 million each last year. That may seem like a high price to pay for a pretty lousy year – and one that ended with a Fed-inspired reminder that Goldman, just in case anyone forgot, took billions upon billions of dollars in bailout loans in 2008 and 2009.
Note: For key articles from reliable sources detailing the outrageous compensation awarded to the highest officers of Wall Street financial corporations after they were bailed out by the government, click here.
FBI involved in hundreds of violations in national security investigations
January 30, 2011, Los Angeles Times
http://articles.latimes.com/2011/jan/30/nation/la-na-fbi-violations-20110130
The FBI disclosed to a presidential board that it was involved in nearly 800 violations of laws, regulations or policies governing national security investigations from 2001 to 2008, but the government won't provide details or say whether anyone was disciplined, according to a report by a privacy watchdog group. The San Francisco-based Electronic Frontier Foundation sued under the Freedom of Information Act to obtain about 2,500 documents that the FBI submitted to the President's Intelligence Oversight Board. Most of the records were so heavily censored that they couldn't be properly evaluated. Nevertheless, the documents "constitute the most complete picture of post-9/11 FBI intelligence abuses available to the public," says the report. "The documents suggest," the report says, "that FBI intelligence investigations have compromised the civil liberties of American citizens far more frequently, and to a greater extent, than was previously assumed." The records obtained by the foundation go beyond national security letters. About a third of the reports of violations involved rules governing internal oversight of intelligence investigations, and about a fifth involved potential violations of the Constitution, the Foreign Intelligence Surveillance Act or other laws governing criminal investigations or intelligence-gathering activities, the report says.
Note: For lots more from major media sources on government attacks on civil liberties, click here.
Egypt protests: America's secret backing for rebel leaders behind uprising
January 28, 2011, The Telegraph (One of the UK's leading newspapers)
http://www.telegraph.co.uk/news/worldnews/africaandindianocean/egypt/8289686/Egypt-protests...
The American Embassy in Cairo helped a young ["activist"] attend a US-sponsored summit for activists in New York. On his return to Cairo in December 2008, [he] told US diplomats that an alliance of opposition groups had drawn up a plan to overthrow President Hosni Mubarak and install a democratic government in 2011. The disclosures, contained in previously secret US diplomatic dispatches released by the WikiLeaks website, show American officials pressed the Egyptian government to release other dissidents who had been detained by the police. In a secret diplomatic dispatch, sent on December 30 2008, Margaret Scobey, the US Ambassador to Cairo, recorded that opposition groups had allegedly drawn up secret plans for "regime change" to take place before elections, scheduled for September this year. The memo, which Ambassador Scobey sent to the US Secretary of State in Washington DC, was marked "confidential" and headed: "April 6 activist on his US visit and regime change in Egypt." It said the activist claimed "several opposition forces" had "agreed to support an unwritten plan for a transition to a parliamentary democracy, involving a weakened presidency and an empowered prime minister and parliament, before the scheduled 2011 presidential elections".
Note: As brought out in comments on this report, The Telegraph's interpretation of the leaked document is not the only possible one. To verify the claims of The Telegraph, you can read the leaked document in full by clicking here.
Avastin increases fatal side effects in cancer patients, study shows
February 2, 2011, USA Today
http://www.usatoday.com/yourlife/health/medical/cancer/2011-02-02-avastin02_online_ST_N.htm
One of the most financially successful cancer drugs in the world appears to cause more fatal side effects than previously realized, a new study says. Avastin, a blockbuster drug with more than $5.5 billion in global sales, increases the rate of fatal side effects by almost 50% when added to traditional chemotherapy, compared with chemo alone. About 2.5% of cancer patients who combine Avastin and chemo die from their treatment – rather than their disease, according to an analysis of 10,217 patients in today's Journal of the American Medical Association. In comparison, 1.7% of cancer patients who received only conventional chemo died as a result of therapy. The most common causes of death were hemorrhages, the loss of infection-fighting white blood cells, and perforations in the stomach or intestines, says Shenhong Wu of Stony Brook University School of Medicine, co-author of the analysis of 10,217 patients.
Note: Sadly, most studies that reveal such results are suppressed by the pharmaceutical industry.
Jerusalem videos stir UFO buzz
January 31, 2011, MSNBC
http://cosmiclog.msnbc.msn.com/_news/2011/01/31/5962284-jerusalem-videos-stir-ufo-buzz
As dark UFO videos go, this clip showing flashing lights over Jerusalem is certainly a puzzler. A bright speck seems to descend toward the skyline, around the location of the Dome of the Rock (also known as the Temple Mount). A minute into the clip, there's a bright flash, then the speck shoots up from the skyline. This version of the Jan. 28 clip shows two side-by-side videos, captured by observers who were virtually side-by-side as well. "Have fun debunking this one," the YouTube user who posted the video writes. Here's another version, which sounds as if it was shot by a group of tourists. "We've seen 'em in Mississippi like this," one observer can be heard saying.
Note: This highly unusual phenomenon was videotaped by several witnesses from different angles. For the best we've seen, click here. For a compilation of several videos from differing angles and attempts to debunk this event, click here. For a Fox News report on this, click here. For the ABC News clip, click here.
UFO hovers over Jerusalem shrine
February 2, 2011, The Telegraph (One of the UK's leading newspapers)
http://www.telegraph.co.uk/news/newstopics/howaboutthat/ufo/8298744/UFO-hovers...
The videos show a bright object slowly descending over the Dome of the Rock, an Islamic shrine on the Temple Mount in Jerusalem. In one video shot from Tzofim Mountain overlooking the ancient city, the circular UFO appears to hover over the shrine. A second video taken from a different spot shows a white light descending slowly above Jerusalem, hang in the air directly above the 2,500 year old holy site, and then shoot up into the sky with a gigantic flash. The event reportedly occurred in Jerusalem at 1am on Friday morning and has provoked an online debate as to whether the footage is real. The site on which the Muslim Dome of the Rock stands also marks where the ancient Temple of Solomon stood from 516BC until it was destroyed by the Romans during an uprising in 70BC. Muslims believe it to also be the spot from which the prophet Mohammed ascended to Heaven accompanied by the archangel Gabriel where he prayed with Jesus, Abraham and Moses before returning back to Jerusalem.
Note: This highly unusual phenomenon was videotaped by several witnesses from different angles. For the best we've seen, click here. For a compilation of several videos from differing angles and attempts to debunk this event, click here. For a Fox News report on this, click here. For the ABC News clip, click here.
Exclusive video of HPD beating of teen burglar
February 3, 2011, KTRK-TV (Houston ABC affiliate)
http://abclocal.go.com/ktrk/story?section=news/13_undercover&id=7936228
Months after four Houston police officers were indicted following the violent videotaped arrest of a teenage suspect ... 13 Undercover's Wayne Dolcefino obtained it exclusively. The reaction was overwhelming. The images were clear and graphic -- Houston police kicking, punching, and stomping teenage burglary suspect Chad Holley who had run, but was now clearly trying to surrender. The video showed the most physical cop that March day appeared to be Raad Hassan. His termination letter listed 15 kicks. There were a lot of them, and there was one kick after Holley was clearly handcuffed. The video created another firestorm ... after the mayor declared [that] the person who gave us the video should be prosecuted. The mayor said Channel 13 was "irresponsible" for showing you a controversial police arrest that happened ten months ago. Twelve officers were disciplined in the wake of the Holley case, but many have been given their jobs back against the city's will.
Note: Click on the above link if you want to see this shocking video showing how brutal some police can be.
U.S. anti-drug money wasted in Afghanistan
January 30, 2011, San Francisco Chronicle (San Francisco's leading newspaper)
http://articles.sfgate.com/2011-01-30/opinion/27091387_1_opium-poppy...
The United States continues to spend hundreds of millions of dollars on "good governance" initiatives [in Afghanistan]. This $760 million program, to strengthen government agencies, was America's single largest nonmilitary expense in Afghanistan over the past year. All of it was money thrown away. Last year, the U.S. Agency for International Development began promoting what it calls "Afghanization of aid." Well, in Afghanistan, government leaders have only one use for foreign aid. They stuff the cash into suitcases and fly it to secret bank accounts in Dubai. Afghanistan remains the world's largest grower of opium poppies. It supplies 90 percent of the world's heroin. Many thousands of its citizens are addicts. Earlier this month, the United Nations put out its annual "Afghanistan Opium Survey" and found that, even after the United States has spent more than $2 billion on drug enforcement there, "the total area under cultivation" during 2010 "and the number of families growing opium poppy, remained the same as in 2009" - but for one thing. The U.N. found "an alarming increase of 97 percent" in opium-poppy cultivation among northeastern provinces that are not traditional poppy-growing areas.
Note: For shocking stories by two award-winning journalists suggesting direct involvement by government agencies in the drug trade, click here. And for key reports from reliable sources on government corruption, click here.
First dead birds, then dead fish ... now crickets
January 12, 2011, MSNBC
http://www.msnbc.msn.com/id/41034340/ns/us_news-environment
A virus has killed millions of crickets raised to feed pet reptiles and those kept in zoos. The cricket paralysis virus has disrupted supplies to pet shops across North America as a handful of operators have seen millions of their insects killed. Some operations have gone bankrupt and others have closed indefinitely until they can rid their facilities of the virus. Cricket farms started in the 1940s as a source of fish bait, but the bulk of sales now are to pet supply companies, reptile owners and zoos, although people also eat some. Most U.S. farms are in the South, but suppliers from Pennsylvania to California also raise crickets. The virus had swept through European cricket farms in 2002. It was first noticed in 2009 in the U.S. and Canada. The virus marks the latest in a recent series of mass animal deaths. Blackbirds fell out of the sky on New Year's Eve in Arkansas. In the days that followed, 2 million fish died in the Chesapeake Bay, 150 tons of red tilapia in Vietnam, 40,000 crabs in Britain and other places across the world. In the past eight months, the U.S. Geological Survey's National Wildlife Health Center has logged 95 mass wildlife die-offs in North America and that's probably a dramatic undercount, officials say.
Note: Could some of these die-offs be the result of secret experiments like those conducted by the government's bioweapons labs or by the secretive HAARP program? For reliable information on the disturbing HAARP program, click here.
Why the Kings of Bhutan Ride Bicycles
January 14, 2011, Yes! Magazine
http://www.yesmagazine.org/issues/what-happy-families-know/why-the-kings...
Bhutan has pioneered the use of Gross National Happiness (GNH) as a measure of progress, instead of the more commonly used GNP. GNH measures not only economic activity, but also cultural, ecological, and spiritual well-being. In September 2010, Bhutanese Prime Minister Jigmi Y. Thinley visited the United States to promote GNH education and economic theory. Prakash: What difference has it made to have GNH as your yardstick rather than gross domestic product? Thinley: First, we are promoting sustainable and equitable socioeconomic development which can be measured to a larger extent through conventional metrics. Second is the conservation of a fragile ecology, [using] indicators of achievement, [such] as the way the [vegetation] cover in my country has expanded over the last 25 years from below 60 to over 72 percent. The third strategy is promotion of culture, which includes preservation of the various aspects of our culture that continue to be relevant and supportive of Bhutan's purpose as a human civilization. No Bhutanese should suffer a sense of insecurity arising from loss of their cultural identity, language, and so on, under the onslaught of modernization. Then there is the fourth strategy–good governance–on which the other three strategies or indicators depend. We know that democracy is the best form of governance.
Meditation class helps lower violence at Ala. prison
February 2, 2011, MSNBC/Associated Press
http://www.msnbc.msn.com/id/41393210/ns/us_news-crime_and_courts
The noise never really ends; peace is at a premium in Alabama's toughest lockup. Despite a history of violence at the William E. Donaldson Correctional Facility ... the prison outside Birmingham [Alabama] has become the model for a meditation program that officials say helps inmates learn the self control and social skills they never got in the outside world. Warden Gary Hetzel doesn't fully understand how the program called Vipassana ... can transform violent inmates into calm men using contemplative Buddhist practices. But Hetzel knows one thing. "It works. We see a difference in the men and in the prison. It's calmer," he said of the course that about 10 percent of the prison's inmates have completed. The word Vipassana means "to see things as they really are," which is also the goal of the intense 10-day program using the meditative technique that dates back 2,500 years. Vipassana courses are held four times a year in a prison gymnasium, where as many as 40 inmates meditate 10 hours a day. Convicted murderer Grady Bankhead said the hours of meditation forced him to accept responsibility for his crime and helped him find inner peace. Bankhead, who's serving life without parole, radiates calm. "I've been here for 25 years and this statement is going to sound crazy, but I consider myself the luckiest man in the world," Bankhead, 60, said last month after the latest course at Donaldson.
Key Articles From Years Past
The power to move... out of thin air
December 11, 2010, New Zealand Herald
http://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=10693646
New Zealand engineer John Fleming is part of an effort to bypass the hydrogen era and go directly to the nitrogen-hydrogen economy. Texas-based Fleming, 65, is responsible for a string of inventions that produced more efficient, cleaner-burning heating appliances and holds a number of patents. He ... is helping researchers at Texas Tech University look at the potential to power vehicles using liquid ammonia, produced by combining hydrogen and nitrogen. Fleming's most tangible contribution has been a small, cheap processing plant that converts hydrogen and nitrogen into ammonia using a compression and decompression system. It promises on-site production of hydrogen-carrying liquid fuel, solving the problem of storing and distributing (with considerable energy loss) a highly explosive gas from large and expensive centralised plants. "Ammonium can be liquefied, produces no carbon or solid deposits and can burn in internal combustion engines carrying a reasonable amount of hydrogen." Based on an electrolyser he devised for potential use in gas fireplaces, the processor offers huge cost savings in the production of hydrogen using electricity. The processor costs US$200 (compared with around $130,000 using large-scale conventional models) and is predicted to produce fuel for about US27c a litre [about $1.00/gallon] before taxes.
Note: For lots more on new energy inventions, click here.
The Rise and Fall of the G.D.P.
May 16, 2010, New York Times
http://www.nytimes.com/2010/05/16/magazine/16GDP-t.html
G.D.P. is an index of a country's entire economic output – a tally of, among many other things, manufacturers' shipments, farmers' harvests, retail sales and construction spending. It's a figure that compresses the immensity of a national economy into a single data point of surpassing density. The conventional feeling about G.D.P. is that the more it grows, the better a country and its citizens are doing. [But] it has been a difficult few years for G.D.P. For decades, academics and gadflies have been critical of the measure, suggesting that it is an inaccurate and misleading gauge of prosperity. What has changed more recently is that G.D.P. has been actively challenged by a variety of world leaders, especially in Europe, as well as by a number of international groups, like the Organization for Economic Cooperation and Development. The G.D.P. ... has not only failed to capture the well-being of a 21st-century society but has also skewed global political objectives toward the single-minded pursuit of economic growth. Which indicators are the most suitable replacements for, or most suitable enhancements to, G.D.P. Should they measure educational attainment or employment? Should they account for carbon emissions or happiness?
Note: Which is more important, the economic prosperity of a people, or the well being and level of happiness?
Depression link to processed food
November 2, 2009, BBC
http://news.bbc.co.uk/2/hi/8334353.stm
Eating a diet high in processed food increases the risk of depression, research suggests. What is more, people who ate plenty of vegetables, fruit and fish actually had a lower risk of depression, the University College London team found. Data on diet among 3,500 middle-aged civil servants was compared with depression five years later, the British Journal of Psychiatry reported. They split the participants into two types of diet - those who ate a diet largely based on whole foods, which includes lots of fruit, vegetables and fish, and those who ate a mainly processed food diet, such as sweetened desserts, fried food, processed meat, refined grains and high-fat dairy products. After accounting for factors such as gender, age, education, physical activity, smoking habits and chronic diseases, they found a significant difference in future depression risk with the different diets. Those who ate the most whole foods had a 26% lower risk of future depression than those who at the least whole foods. By contrast people with a diet high in processed food had a 58% higher risk of depression than those who ate very few processed foods.
Note: For an excellent article revealing dramatic improvements in the behavior of children at a school which transformed the children's diet in a major experiment being modeled by other schools, click here. For key reports from major media sources on important health issues, click here.
Army Yanks 'Voice-To-Skull Devices' Site
May 9, 2008, Wired Magazine
http://www.wired.com/dangerroom/2008/05/army-removes-pa
The Army's very strange webpage on "Voice-to-Skull" weapons has been removed. It was strange it was there, and it's even stranger it's gone. If you Google it, you'll see the entry for "Voice-to-Skull device," but, if you click on the website, the link is dead. The entry, still available on the Federation of American Scientists' website reads: "Nonlethal weapon which includes (1) a neuro-electromagnetic device which uses microwave transmission of sound into the skull of persons or animals by way of pulse-modulated microwave radiation; and (2) a silent sound device which can transmit sound into the skull of person or animals." The U.K.-based group Christians Against Mental Slavery first noted the change (they also have a permanent screenshot of the page). A representative of the group tells me they contacted the Webmaster, who would only tell them the entry was "permanently removed."
Note: We don't usually use Wired as a source, but this is a very important article on a vital topic with key links for verification. For lots more on this strange topic in a Washington Post article, click here.
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