What to do about big banks?
Key Excerpts from Article on Website of Baltimore Sun (One of Baltimore's leading newspapers)
What to do about big banks?
Baltimore Sun (One of Baltimore's leading newspapers), October 14, 2015
Posted: 2015-10-25 21:35:34
Giant Wall Street banks continue to threaten the well-being of millions of Americans. Back in 2000, before they almost ruined the economy and had to be bailed out, the five biggest banks on Wall Street held about 25 percent of the nation's banking assets. Now they hold more than 45 percent. In 2012, JPMorgan Chase, the largest bank on Wall Street, lost $6.2 billion betting on credit default swaps - and then publicly lied about the losses. It later came out that the bank paid illegal bribes to get the business in the first place. In May, the Justice Department announced a settlement of the biggest criminal price-fixing conspiracy in modern history, in which the biggest banks manipulated the $5.3 trillion-a-day currency market in a "brazen display of collusion," according to Attorney General Loretta Lynch. Wall Street's investment bankers, key traders, top executives, and hedge-fund and private-equity managers wield extraordinary power. They're major sources of campaign contributions to both parties. In addition, a lucrative revolving door connects the Street to Washington. Key members of Congress, especially those involved with enacting financial laws or overseeing financial regulators, have fat paychecks waiting for them on Wall Street when they retire. Which helps explain why no Wall Street executive has been indicted for the fraudulent behavior that led up to the 2008 crash. Or for the criminal price-fixing scheme settled in May. Or for other excesses since then.
Note: Does it at all seem strange that after the bailout in 2008, the percentage of US banking assets held by the big banks has almost doubled? Could this possibly have been planned? For more along these lines, see concise summaries of deeply revealing financial industry corruption news articles from reliable major media sources.
Explore also our index to revealing excerpts of key news articles on several dozen topics.
Don't miss amazing excerpts from the 20 most revealing news articles ever published.
Below is a sample of just three of those 20 articles.
U.S. Military Wanted to Provoke War With Cuba
2001-05-01, ABC News
In the early 1960s, America's top military leaders reportedly drafted plans to kill innocent people and commit acts of terrorism in U.S. cities to create public support for a war against Cuba. Code named Operation Northwoods, the plans reportedly included the possible assassination of Cuban emigres, sinking boats of Cuban refugees on the high seas, hijacking planes, blowing up a U.S. ship, and even orchestrating violent terrorism in U.S. cities. The plans were developed as ways to trick the American public and the international community into supporting a war to oust Cuba's ... Fidel Castro. America's top military brass even contemplated causing U.S. military casualties, writing: "We could blow up a U.S. ship in Guantanamo Bay and blame Cuba," and, "casualty lists in U.S. newspapers would cause a helpful wave of national indignation." The plans had the written approval of all of the Joint Chiefs of Staff and were presented to President Kennedy's defense secretary, Robert McNamara, in March 1962. But they apparently were rejected by the civilian leadership and have gone undisclosed for nearly 40 years. The Joint Chiefs even proposed using the potential death of astronaut John Glenn during the first attempt to put an American into orbit as a false pretext for war with Cuba. Should the rocket explode and kill Glenn, they wrote, "the objective is to provide irrevocable proof ... that the fault lies with the Communists." The scary thing is none of this stuff comes out until 40 years after.
Note: Why was ABC the only major news source to report on this highly revealing story? Read the shocking declassified documents on Operation Northwoods. Many military and political leaders look at the world as a grand chessboard. Sacrificing pawns (innocent civilians) is sometimes necessary to capture the queen. Explore revealing news articles on military corruption. Then check out eye-opening 9/11 news articles.
Inside the secretive Bilderberg Group
2005-09-29, BBC News
How much influence do private networks of the rich and powerful have on government policies and international relations? One group, the Bilderberg, has often attracted speculation that it forms a shadowy global government. Every year since 1954 [they have brought] together about 120 leading business people and politicians. At this year's meeting in Germany, the audience included the heads of the World Bank and European Central Bank, Chairmen or Chief Executives from Nokia, BP, Unilever, DaimlerChrysler and Pepsi ... editors from five major newspapers, members of parliament, ministers, European commissioners ... and the queen of the Netherlands. The chairman ... is 73-year-old Viscount Etienne Davignon. In an extremely rare interview, he played down the importance of Bilderberg. "I don't think (we are) a global ruling class because I don't think a global ruling class exists." Will Hutton ... who attended a Bilderberg meeting in 1997, says people take part in these networks in order to influence the way the world works, to create what he calls "the international common sense". And that "common sense" is one which supports the interests of Bilderberg's main participants. For Bilderberg's critics the fact that there is almost no publicity about the annual meetings is proof that they are up to no good. Bilderberg meetings often feature future political leaders shortly before they become household names. Bill Clinton went in 1991 while still governor of Arkansas, Tony Blair was there two years later while still an opposition MP. All the recent presidents of the European Commission attended Bilderberg meetings before they were appointed. Informal and private networks like Bilderberg have helped to oil the wheels of global politics and globalisation for the past half a century.
Note: Why is this meeting of top world leaders kept so secret? Why, until a few years ago, was there virtually no reporting on this influential group in the major media? Thankfully, the alternative media has had some good articles. And a Google search can be highly informative. Explore many other revealing major media news articles on powerful secret societies. And for those interested, check out reliable, eye-opening information covering the big picture of how and why these secret societies are using government-sponsored mind control programs to achieve their agenda.
[9/11] Hijack 'suspects' alive and well
2001-09-23, BBC News
Another of the men named by the FBI as a hijacker in the [9/11] suicide attacks on Washington and New York has turned up alive and well. The identities of four of the 19 suspects accused of having carried out the attacks are now in doubt. Saudi Arabian pilot Waleed Al Shehri was one of five men that the FBI said had deliberately crashed American Airlines flight 11 into the World Trade Centre on 11 September. His photograph was released, and has since appeared in newspapers and on television around the world. He told journalists there that he had nothing to do with the attacks. He has contacted both the Saudi and American authorities. He acknowledges that he attended flight training school at Daytona Beach in the United States, and is indeed the same Waleed Al Shehri to whom the FBI has been referring. But, he says, he left the United States in September last year [and] became a pilot with Saudi Arabian airlines. Abdulaziz Al Omari, another of the Flight 11 hijack suspects ... says he is an engineer with Saudi Telecoms, and that he lost his passport while studying in Denver. Meanwhile ... a London-based Arabic daily says it has interviewed Saeed Alghamdi. He was listed by the FBI as a hijacker in the United flight that crashed in Pennsylvania. And there are suggestions that another suspect, Khalid Al Midhar, may also be alive. FBI Director Robert Mueller acknowledged on Thursday that the identity of several of the suicide hijackers is in doubt.
Note: The deceptions in the 9/11 official story are clearly shown in this key story. The FBI never revised its list of alleged hijackers. These four are all listed in the official 9/11 Commission report as the hijackers. Click here and scroll down a little over half way to see their photos in the official report. For more, see this webpage. Explore also concise summaries of deeply revealing news articles with evidence of a 9/11 cover-up from reliable major media sources. Then examine an abundance of reliable information suggesting a major 9/11 cover-up.
The above three are excerpts from the 20 most revealing news articles ever published.
Below is a sample of the three articles most recently posted to this website.
UFO reports by US troops skyrocket to over 500
2023-01-13, BBC News
A new de-classified US government report on UFO sightings by US troops has revealed hundreds of new cases. The US National Intelligence office is now aware of 510 reported sightings, an increase over the 144 compiled in the spy agency's first 2021 assessment. Nearly half of the new sightings were deemed "unremarkable" and attributed to human origins, according to the report. However, more than 100 of the encounters remain unexplained. The report says that encounters with UFOs - which the government calls Unidentified Aerial Phenomena (UAPs) - continue "to occur in restricted or sensitive airspace, highlighting possible concerns for safety" and national security. The report was issued in part to help "destigmatise" experiences with UFOs and improve air safety. And it says increased reports of encounters are indeed the result of "a concentrated effort to destigmatise the topic of UAP and instead recognise the potential risks that it poses as both a safety of flight hazard and potential adversarial activity", the report states. It goes on to say that 171 sightings still remain "uncharacterised and unattributed" - meaning, not enough information was collected to effectively identify them. "Some of these uncharacterised UAP appear to have demonstrated unusual flight characteristics or performance capabilities, and require further analysis," the report says. The reports are being examined by the All-domain Anomaly Resolution Office (AARO), an office in the Pentagon created last year to review UAP incidents.
Note: For more along these lines, see concise summaries of deeply revealing news articles on UFOs from reliable major media sources. Then explore the excellent, reliable resources provided in our UFO Information Center.
'Several hundred' UFO reports received by Pentagon's new tracking office
2022-12-16, The Guardian (One of the UK's Leading Newspapers)
A new Pentagon office set up to track reports of unidentified flying objects has received "several hundred" new reports, but no evidence so far of alien life. The All-domain Anomaly Resolution Office (AARO) was set up in July and is responsible for not only tracking unidentified objects in the sky, but also underwater or in space – or potentially an object that has the ability to move from one domain to the next. The office was established following more than a year of attention on unidentified flying objects that military pilots have observed but have sometimes been reluctant to report due to fear of stigma. In June 2021 the Office of the Director of National Intelligence reported that between 2004 and 2021, there were 144 such encounters, 80 of which were captured on multiple sensors. Since then, "we've had lots more reporting", said anomaly office director Sean Kirkpatrick. When asked to quantify the amount, Kirkpatrick said "several hundreds". This May, Congress held its first hearing in more than half a century on the topic, with members expressing concern that – whether or not the objects are alien or potentially new technology being flown by China, Russia or another potential adversary – the unknown creates a security risk. So far, "we have not seen anything, and we're still very early on, that would lead us to believe that any of the objects that we have seen are of alien origin", said Ronald Moultrie, under secretary of defense for intelligence and security. "Any unauthorized system in our airspace we deem as a threat."
Note: Read an in-depth essay by former Deputy Assistant Secretary of Defense for Intelligence Christopher Mellon questioning why this important topic is being dismissed by the major media when reported at all. For more along these lines, see concise summaries of deeply revealing news articles on UFOs from reliable major media sources. Then explore the excellent, reliable resources provided in our UFO Information Center.
How Deadly Were the Covid Lockdowns?
2023-01-11, Wall Street Journal
Covid-19 is deadly, but so were the draconian steps taken to mitigate it. During the first two years of the pandemic, "excess deaths"–the death toll above the historical trend–markedly exceeded the number of deaths attributed to Covid. In a paper we just published in Inquiry, based on data from the Centers for Disease Control and Prevention, we found that "non-Covid excess deaths" totaled nearly 100,000 a year in 2020 and 2021. Even these numbers likely overestimate deaths from Covid and underestimate those from other causes. The official count of "Covid deaths" includes people who tested positive but died of other causes. What are non-Covid excess deaths? During the pandemic, deaths from accidents, overdoses, alcoholism and homicide all soared, as did deaths from hypertension, heart disease and diabetes. From April 2020 through December 2021, deaths from Covid averaged 350,000 a year for Americans 65 and older, 100,000 a year for those 45 to 64, and 20,000 a year for those 18 to 44. That produced excess deaths for these age groups of 16%, 19% and 11% respectively. The CDC data show the rate of non-Covid excess deaths in the first half of 2022 was even higher than 2020 or 2021. These deaths therefore likely already exceed 250,000, disproportionately among young adults. We now have more overdose deaths each year than all military deaths of the last 60 years combined. Homicides, accidents and alcohol deaths are collectively running tens of thousands per year above pre-pandemic norms.
Note: The above was written by Rob Arnott and Casey B. Mulligan. Mr. Arnott founded asset management firm Research Affiliates. Mr. Mulligan was chief economist for the White House Council of Economic Advisers. For more along these lines, watch an articulate interview discussing excess deaths since 2021 that aren't linked to COVID-19, yet are most likely associated with the rollout of the COVID vaccines.
The above three are excerpts from the news stories most recently posted to this website.
Explore our index to revealing excerpts of news articles on several dozen topics.
Don't miss amazing excerpts from the 20 most revealing news articles ever published.