Government Corruption Media ArticlesExcerpts of Key Government Corruption Media Articles in Major Media
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When the pandemic hit, America needed someone to turn to for advice. The media and public naturally looked to Dr. Anthony Fauci - the director of the National Institute of Allergy and Infectious Diseases. Unfortunately, Dr. Fauci got major epidemiology and public health questions wrong. Reality and scientific studies have now caught up with him. By pushing vaccine mandates, Dr. Fauci ignores naturally acquired immunity among the COVID-recovered, of which there are more than 45 million in the United States. Mounting evidence indicates that natural immunity is stronger and longer lasting than vaccine-induced immunity. Under Fauci's mandates, hospitals are firing heroic nurses who recovered from COVID they contracted while caring for patients. While anyone can get infected, there is more than a thousand-fold difference in mortality risk between the old and the young. When confronted with the idea of focused protection of the vulnerable, Dr. Fauci admitted he had no idea how to accomplish it, arguing that it would be impossible. Instead, Dr. Fauci has pushed vaccine mandates for children, students and working-age adults who are already immune - all low-risk populations - causing tremendous disruption to labor markets and hampering the operation of many hospitals. Schools are major transmission points for influenza, but not for COVID. Considering the devastating effects of school closures on children, Dr. Fauci's advocacy for school closures may be the single biggest mistake of his career.
Note: For more along these lines, see concise summaries of deeply revealing news articles on the coronavirus from reliable major media sources.
The Environmental Protection Agency has withheld information from the public since January 2019 about the dangers posed by more than 1,200 chemicals. By law, companies must give the EPA any evidence they possess that a chemical presents "a substantial risk of injury to health or the environment." Until recently, the agency had been making these reports – known as 8(e) reports, for the section of the Toxic Substances Control Act that requires them – available to the public. But since 2019, the EPA has only posted one of the reports to its public website. During this time, chemical companies have continued to submit the critical studies to the agency, according to two EPA staff members with knowledge of the matter. Since January 2019, the EPA has received at least 1,240 reports documenting the risk of chemicals' serious harms, including eye corrosion, damage to the brain and nervous system, chronic toxicity to honeybees, and cancer in both people and animals. PFAS compounds are among the chemical subjects of these notifications. Not only has the agency kept all but one of these reports from the public, but it has also made them difficult for EPA staff to access, according to the two agency scientists, who are choosing to remain anonymous. The substantial risk reports have not been uploaded to the databases used most often by risk assessors searching for information about chemicals. They have been entered only into an internal database that is difficult to access and search.
Note: For more along these lines, see concise summaries of deeply revealing news articles on government corruption from reliable major media sources.
When Daunte Wright was killed last spring by a police officer in Minnesota after being pulled over for expired registration tags, the case drew national attention. So have several other seemingly avoidable deaths of motorists. Now, a New York Times investigation reveals the scope of such cases across the country – and why traffic stops for minor offenses can escalate into fatal encounters. Over the last five years, The Times found, the police killed more than 400 drivers or passengers who were not wielding a gun or a knife or under pursuit for a violent crime. Traffic stops – which are often motivated by hidden budgetary considerations because of the ticket revenue they generate – are the most common interactions between police officers and the public. Yet the police consider them among the most dangerous things they do. Presumption of peril has been significantly overstated, but it has become ingrained in police culture and court precedents – contributing to impunity for most officers who use lethal force at vehicle stops. In case after case, officers avoided criminal liability when they claimed to have acted in self-defense. In the roughly 400 deaths, five officers were convicted. Nearly two dozen cases are still pending. While prosecutors deemed most of the killings justifiable, local governments paid at least $125 million to resolve legal claims in about 40 cases.
Almost 40 years after his death following a bar brawl in Key Biscayne, Ricardo Morales, known as "Monkey" – contract CIA worker, anti-Castro militant, counter-intelligence chief for Venezuela, FBI informant and drug dealer – returned to the spotlight Thursday morning when one of his sons made a startling claim on Spanish-language radio: Morales, a sniper instructor in the early 1960s in secret camps where Cuban exiles and others trained to invade Cuba, realized in the hours after President John F. Kennedy was assassinated in Dallas in 1963 that the accused killer, Lee Harvey Oswald, had been one of his sniper trainees. Morales also told his two sons that two days before the assassination, his CIA handler told him and his "clean-up" team to go to Dallas for a mission. But after the tragic events, they were ordered to go back to Miami without learning what the mission was about. The claims ... add to one of the long-held theories about the JFK assassination – that Cuban exiles working for the CIA had been involved. But the claims also point the finger at the CIA, which some observers believe could help explain why President Joe Biden backed off last week on declassifying the remaining documents in the case. Morales Jr. said his father told them he did not know of the plans to assassinate Kennedy. "He knew Kennedy was coming to Dallas, so he imagines something is going to happen, but he doesn't know the plan," he said. "In these kinds of conspiracies ... nobody knows what the other is doing."
Note: For more along these lines, see concise summaries of deeply revealing news articles on the JFK assassination from reliable major media sources.
In the introduction to "The Spoils of War," an extraordinary new book by Andrew Cockburn, he makes a straightforward assertion about the U.S. military. "War-fighting efficiency has a low priority," he writes, "by comparison with considerations of personal and internal bureaucracies. ... The military are generally not interested in war, save as a means to budget enhancement." Cockburn suggests that the Pentagon and the corporations that feed off it have generated the largest and most byzantine bureaucracy in human history, filled with innumerable fiefdoms far more focused on besting their internal rivals than outside enemies. Today's generals ... while their days away plotting how to join the board of General Dynamics six hours after their retirement party. They spend 98 percent of their time jockeying for wealth and power within the organization, and at most a residual 2 percent attempting to do what the organization purportedly exists to accomplish. "People say the Pentagon does not have a strategy," he quotes a former Air Force colonel as saying. "They are wrong. The Pentagon does have a strategy. It is: 'Don't interrupt the money flow.'" If you're still not convinced, the proof of this unpalatable pudding is in the eating. Consider America's just-concluded 20-year war in Afghanistan. As the Taliban took over the country in days, it might have seemed that the whole thing was a colossal failure. But if you check your portfolio of defense contractor stocks ... you'll see that, in fact, it was an incredible success.
Note: War profiteering is an old game. Read decorated general Smedley Butler's 1935 book War is a Racket to see how little has changed. For more along these lines, see concise summaries of deeply revealing news articles on military corruption from reliable major media sources.
The White House said Friday it would delay the release of long-classified documents related to the assassination of former President John F. Kennedy. President Joe Biden wrote in a statement that the remaining files "shall be withheld from full public disclosure" until December 15 next year - nearly 60 years after Kennedy's assassination in Dallas, Texas in 1963. In 2017, former president Donald Trump released several thousand secret files on the assassination, but withheld others on national security grounds. The White House said the national archivist needs more time for a review into that redaction, which was slowed by the pandemic. Mr. Biden also said the delay was "necessary to protect against identifiable harm to the military defense, intelligence operations, law enforcement, or the conduct of foreign relations" and that this "outweighs the public interest in immediate disclosure." A 10-month investigation led by then-Supreme Court chief justice Earl Warren concluded that Lee Harvey Oswald, a former Marine who had lived in the Soviet Union, acted alone when he fired on Kennedy's motorcade. But the Commission's investigation was criticized for being incomplete, with a Congressional committee later concluding that Kennedy was "probably assassinated as a result of a conspiracy." U.S. law requires that all government records on the assassination be disclosed "to enable the public to become fully informed." The National Archives has released thousands of documents to the public as part of the ... JFK Act.
Note: For more along these lines, see concise summaries of deeply revealing news articles on the JFK assassination from reliable major media sources.
The National Institutes of Health has stunningly admitted to funding gain-of-function research on bat coronaviruses at China's Wuhan lab – despite Dr. Anthony Fauci repeatedly insisting to Congress that no such thing happened. In a letter to Rep. James Comer (R-Ky.) on Wednesday, a top NIH official blamed EcoHealth Alliance – the New York City-based nonprofit that has funneled US funds to the Wuhan lab – for not being transparent about the work it was doing. NIH's principal deputy director, Lawrence A. Tabak, wrote in the letter that EcoHealth's "limited experiment" tested whether "spike proteins from naturally occurring bat coronaviruses circulating in China were capable of binding to the human ACE2 receptor in a mouse model." Gain-of-function research refers to viruses being taken from animals before they are genetically altered in a lab to make them more transmissible to humans. The admission from the NIH official directly contradicts Fauci's testimony to Congress in May and July, when he denied the US had funded gain-of-function projects in Wuhan. As recently as last month, Fauci was accused of lying about gain-of-function research after documents, obtained by the Intercept, detailed grants given to EcoHealth Alliance for bat coronavirus studies. [A] grant proposal detailed in the trove of documents was for a project titled "Understanding the Risk of Bat Coronavirus Emergence," which involved screening thousands of bat samples, as well as people who worked with live animals, for novel coronaviruses.
Note: CNN in this video put tough questions to a top NIH director about lies made by Fauci regarding gain-of-function research. And why did the NIH change this original webpage so that in the changed webpage the entire section on gain-of-function research is deleted and the title changed? For more along these lines, see concise summaries of deeply revealing news articles on the coronavirus from reliable major media sources.
About 18 months ago, in the lockdown summer of 2020, I started to argue that the Government's response to Covid is driven not so much by medical science or epidemiology, but instead by the psychological insights of behavioural scientists. Controversial "nudge theory" lies at the heart of Westminster's response. It refers to sneaky attempts to prime, prepare and prod us into their desired mindset and course of action, without us ever realising we are being coerced. Once nudge is seen, it can't be unseen. This week, the Government may have overplayed its hand. On Tuesday, Professor Neil Ferguson, the Imperial College epidemiologist whose modelling was used as the basis for the UK's lockdown policy, made an illuminating comment on BBC Radio 4's Today programme. "Nobody likes having their freedoms curtailed by measures but it's prudent to be cautious," he told presenter Sarah Smith, "and wearing masks certainly helps that: it reminds people we're not completely out of the woods yet." It was a startling admission, if we needed one, that masks are as much about psychology as they are about preventing infection. They act as a social cue, to use the language of behavioural scientists, nudging us into vigilance. These psychological cues are carefully calibrated, more so than many realise. In a document drawn up by the "Nudge Unit" ... scientists examine the success of Slovakia's mass testing programme, looking at how we could replicate that success in the UK.
In a January article published at Forbes, our auditors at OpenTheBooks.com found that Dr. Anthony Fauci was the highest paid federal employee, earning $417,608 (2019). Dr. Fauci is still the top-paid federal employee earning $434,312 in 2020. Fauci is the Director of the National Institutes of Health's (NIH) National Institute of Allergy and Infectious Diseases (NIAID) and current Chief Medical Advisor to the President. Fauci out-earned the U.S. president ($400,000); four-star generals in the military ($282,000); and roughly 4.3 million other federal employees. Now, new documents released via our Freedom of Information Act (FOIA) requests from the NIH tell us a lot more. Dr. Fauci received a big pay hike for his biodefense research activities. In other words, Fauci was paid to prevent future pandemics. Dr. Fauci was approved for a "permanent pay adjustment" in excess of his regular salary in December 2004. From 2004 through 2007, Fauci received a 68-percent pay increase from $200,000- to $335,000-a year. This award was permanent and carried forward through 2020. Fauci's permanent pay raise was to "appropriately compensate him for the level of responsibility ... especially as it relates to his work on biodefense research activities." Over the years, NIH funding has gone towards ... grants for research on bat coronaviruses. Critics said that Fauci was funding research ... that was actually creating pandemic pathogens that, if leaked or if fell into the wrong hands, might create the very human pandemic they were trying to prevent.
Note: Forbes later watered down the title of this article to "Dr. Anthony Fauci Received Big Pay Increase To Prevent Pandemics." After Forbes was pressured by the NIH, the column of the author of this article, Adam Andrzejewski, was terminated. For more along these lines, see concise summaries of deeply revealing news articles on government corruption and the coronavirus from reliable major media sources.
On Oct. 4, 2020 ... a group of doctors and medical experts, most of them specialists in epidemiology, immunology, and related public health disciplines, published a statement challenging the wisdom of the widespread COVID-19 lockdowns. The primary authors of the "Great Barrington Declaration" ... were three scientists: Martin Kulldorff, a professor of medicine at Harvard; Sunetra Gupta, an infectious disease epidemiologist at Oxford; and Jay Bhattacharya, a physician and professor at Stanford Medical School. The declaration ... was soon signed by thousands of additional public health scientists and doctors. "Current lockdown policies are producing devastating effects on short and long-term public health," [it said]. The scientists warned that "keeping these measures in place until a vaccine is available will cause irreparable damage, with the underprivileged disproportionately harmed." The relatively brief declaration was accompanied by a much more detailed analysis of lockdowns and their collateral damage, and of the best ways to shield the elderly and people in other high-risk groups. For a year, the three scientists have been "vilified." Bhattacharya [said] he is worried for his safety "amid a campaign to censor him on the [Stanford] campus where he has worked for 35 years." The Great Barrington authors were on target in doubting the advisability of sweeping lockdowns. Numerous studies have found that shutting down the economy was largely futile in preventing COVID's spread.
Note: Explore the website of the Great Barrington Declaration. For more along these lines, see concise summaries of deeply revealing news articles on the coronavirus from reliable major media sources.
The popular, once bipartisan idea to hold down Medicare costs is now at the center of President Joe Biden's domestic agenda. Legislation backed by the administration calls for Medicare to mirror other government agencies, such as the Department of Veterans Affairs, in being able to negotiate for cheaper medicine through the Part D program. The idea could potentially save the government nearly $500 billion over a decade. The drug pricing proposal could also translate to lower prescription costs across the board. The drug industry, according to its top lobbyist, Stephen Ubl, has made defeating the provision its top priority. Inside the Beltway, the opposition is coming from familiar faces. Many leading Democratic lawmakers and staff have been hired by the drug industry to convince their former colleagues to abandon the drug pricing proposal. Pfizer alone has assembled a lobbying team that includes Dean Aguillen, a former adviser to House Speaker Nancy Pelosi, D-Calif.; Remy Brim, a former health policy adviser to Sen. Elizabeth Warren, D-Mass.; and over half a dozen aides to senior Senate Democrats. Ann Jablon, former chief of staff to Rep. Richard Neal, D-Mass. ... currently represents several drug companies as a lobbyist, including Amgen Inc., Astellas Pharma, and Bayer. Pharmaceutical Research and Manufacturers of America, the trade group that represents the largest drug companies in the world, has also gone on a hiring spree of Democratic lobbyists.
A massive trove of private financial records shared with The Washington Post exposes vast reaches of the secretive offshore system used to hide billions of dollars from tax authorities, creditors, criminal investigators and – in 14 cases involving current country leaders – citizens around the world. The revelations include more than $100 million spent by King Abdullah II of Jordan on luxury homes in Malibu, Calif., and other locations; millions of dollars in property and cash secretly owned by the leaders of the Czech Republic, Kenya, Ecuador and other countries; and a waterfront home in Monaco acquired by a Russian woman who gained considerable wealth after she reportedly had a child with Russian President Vladimir Putin. Other disclosures hit closer to home for U.S. officials. The files provide substantial new evidence, for example, that South Dakota now rivals notoriously opaque jurisdictions in Europe and the Caribbean in financial secrecy. Tens of millions of dollars from outside the United States are now sheltered by trust companies in Sioux Falls, some of it tied to people and companies accused of human rights abuses and other wrongdoing. The trove, dubbed the Pandora Papers, exceeds the dimensions of the leak that was at the center of the Panama Papers investigation five years ago. That data was drawn from a single law firm, but the new material encompasses records from 14 separate financial-services entities.
Note: Some have suggested that the CIA was responsible for the earlier Panama Papers leak. For more along these lines, see concise summaries of deeply revealing news articles on financial industry corruption from reliable major media sources.
The secret wealth and dealings of world leaders, politicians and billionaires has been exposed in one of the biggest leaks of financial documents. Some 35 current and former leaders and more than 300 public officials are featured in the files from offshore companies, dubbed the Pandora Papers. They reveal the King of Jordan secretly amassed Ł70m of UK and US property. They also show how ex-UK PM Tony Blair and his wife saved Ł312,000 in stamp duty when they bought a London office. The couple bought an offshore firm that owned the building. The leak also links Russian President Vladimir Putin to secret assets in Monaco, and shows the Czech Prime Minister Andrej Babis - facing an election later this week - failed to declare an offshore investment company used to purchase two villas for Ł12m in the south of France. It is the latest in a string of leaks over the past seven years, following the FinCen Files, the Paradise Papers, the Panama Papers and LuxLeaks. The examination of the files is the largest organised by the International Consortium of Investigative Journalists (ICIJ), with more than 650 reporters taking part. Some figures are facing allegations of corruption, money laundering and global tax avoidance. But one of the biggest revelations is how prominent and wealthy people have been legally setting up companies to secretly buy property in the UK. The documents reveal the owners of some of the 95,000 offshore firms behind the purchases.
Note: Read about the Panama Papers leak that previously shed light on the tax havens of the elite. For more along these lines, see concise summaries of deeply revealing news articles on financial corruption and income inequality from reliable major media sources.
Senior CIA officials during the Trump administration discussed abducting and even assassinating WikiLeaks founder, Julian Assange. The discussions on kidnapping or killing Assange took place in 2017, Yahoo News reported, when the fugitive Australian activist was entering his fifth year sheltering in the Ecuadorian embassy. The then CIA director, Mike Pompeo, and his top officials were furious about WikiLeaks' publication of "Vault 7", a set of CIA hacking tools, a breach which the agency deemed to be the biggest data loss in its history. Some senior officials inside the CIA and the Trump administration went as far as to request "sketches" or "options" for killing Assange. "There seemed to be no boundaries," a former senior counterterrorist official was quoted as saying. The kidnapping or murder of a civilian accused of publishing leaked documents, with no connection to terrorism, would have triggered global outrage. Pompeo raised eyebrows in 2017 by referring to WikiLeaks as a "non-state hostile intelligence service". It was a significant designation, as it implied a green light for a more aggressive approach to the pro-transparency group by CIA operatives, who could treat it as an enemy espionage organization. Barry Pollack, Assange's US lawyer ... told Yahoo News: "As an American citizen, I find it absolutely outrageous that our government would be contemplating kidnapping or assassinating somebody without any judicial process simply because he had published truthful information."
Note: For more along these lines, see concise summaries of deeply revealing news articles on intelligence agency corruption from reliable major media sources.
When hundreds of protesters took over Melbourne's West Gate Bridge on Tuesday, the Real Rukshan was there to capture it. With 60,000 people concurrently viewing his livestream, Real Rukshan – the online nom de plume of Rukshan Fernando – was recognised by a man dressed in hi-vis: "Rukshan," he yelled over the chaos, "you're the reason we came down." Fernando is one of a number of Australian content creators such as Avi Yemini and Morgan C Jonas who position themselves as independent journalists documenting the "freedom" movements opposing lockdowns and vaccines. Fernando's live streams have functioned as the connective tissue for Melbourne protests and the broader movement, with millions of people watching from his perspective. His content and commentary take an anti-media and anti-government slant. Fernando says: "When you have the government interfere with your life, that really makes you arc up and be more politically attuned to what's happening around you." During a general "freedom" protest last week, Fernando narrated his live stream by repeatedly claiming that all the protesters were being peaceful and that police were instigating violence. At many protests, mainstream media organisations haven't had reporters present. Unlike other creators, Fernando doesn't appear to make money from his content. He's posted about refusing donations and hasn't made any efforts to monetise his online presence.
Note: Australia's huge protests against vaccine mandates and the lockdown have gotten very little coverage outside of Australia and highly biased coverage against the protests in the country. This video shows the thousands participating in Melbourne, while this disturbing video shows the intense police response with many hundreds of police deployed. For more along these lines, see concise summaries of deeply revealing news articles on the coronavirus from reliable major media sources
The director of the Centers for Disease Control and Prevention on Friday overruled a recommendation by an agency advisory panel that had refused to endorse booster shots of the Pfizer-BioNTech Covid vaccine for frontline workers. It was a highly unusual move for the director, Dr. Rochelle Walensky, but aligned C.D.C. policy with the Food and Drug Administration's endorsements over her own agency's advisers. The C.D.C.'s Advisory Committee on Immunization Practices on Thursday recommended the boosters for a wide range of Americans, including tens of millions of older adults and younger people at high risk for the disease. But they excluded health care workers, teachers and others whose jobs put them at risk. That put their recommendations at odds with the F.D.A.'s authorization of booster shots for all adults with a high occupational risk. Dr. Walensky's decision was a boost for President Biden's campaign to give a broad segment of Americans access to boosters. The White House had come under criticism for getting ahead of the regulatory process. Dr. Walensky's decision to go against her own agency's advisers came as a surprise to at least some of her staff members: The C.D.C. director's endorsement of the advisory committee's recommendations is typically just a formality. Hours before her statement, agency insiders predicted she would stick with the usual protocol because doing otherwise would undermine the process and upset the advisers as well as her own staff.
Note: Whatever happened to listening to the scientists? Could it be that government officials are biased towards channeling more money into the pockets of big Pharma? Listen to a US Senator who is a doctor grilling an official who won't acknowledge scientific studies on immunity. For more along these lines, see concise summaries of deeply revealing news articles on coronavirus vaccines from reliable major media sources.
Wuhan and US scientists were planning to release enhanced airborne coronavirus particles into Chinese bat populations to inoculate them against diseases that could jump to humans, leaked grant proposals dating from 2018 show. Just 18 months before the first Covid-19 cases appeared, researchers had submitted plans to release skin-penetrating nanoparticles and aerosols containing "novel chimeric spike proteins" of bat coronaviruses into cave bats in Yunnan, China. They also planned to create chimeric viruses, genetically enhanced to infect humans more easily, and requested $14million from the Defense Advanced Research Projects Agency (Darpa) to fund the work. Papers, confirmed as genuine by a former member of the Trump administration, show they were hoping to introduce "human-specific cleavage sites" to bat coronaviruses which would make it easier for the virus to enter human cells. When Covid-19 was first genetically sequenced, scientists were puzzled about how the virus had evolved such a human-specific adaptation at the cleavage site on the spike protein, which is the reason it is so infectious. The documents were released by Drastic, the web-based investigations team set up by scientists from across the world to look into the origins of Covid-19. In a statement, Drastic said: "Given that we find in this proposal a discussion of the planned introduction of human-specific cleavage sites, a review by the wider scientific community of the plausibility of artificial insertion is warranted."
Note: Read more about the risky research on coronaviruses that took place at the Wuhan Institute of Virology. For more along these lines, see concise summaries of deeply revealing news articles on the coronavirus from reliable major media sources.
A bomb hit the house. [Rua Moataz] Khadr and her two daughters were able to free themselves from the rubble that had fallen on them, but her 4-year-old son, Ibrahim Ahmed Yahya, was crushed to death. He was among the 9,000 to 11,000 civilians killed during the yearlong battle for Mosul. Khadr, like most bombing victims in Iraq, has no idea which nation was responsible for the airstrike that killed her son. Was it an American aircraft, British, Dutch? "Even if I found out, what would I do?" she told The Intercept. In its final days in Afghanistan, the U.S. conducted a drone strike that killed 10 civilians in Kabul – seven of them children. Their deaths bring up a thorny question surrounding the frequent U.S. killing of civilians in the 9/11 wars: What would justice look like for the families of civilians who have been wrongfully killed? The media attention generated by the Kabul strike has prompted a rare admission of guilt from the Pentagon and may ultimately lead to monetary compensation for the survivors. But byzantine laws in the U.S. make it all but impossible for foreigners to file for compensation if a relative was killed in combat. The only hope for most survivors is a "sympathy" payment from the U.S. military that does not acknowledge responsibility for causing the deaths. But unsurprisingly, those payments are rare: None were issued in 2020. Meanwhile, U.S. allies involved in bombing campaigns usually hide behind the shield of joint operations to avoid taking responsibility for civilian deaths.
Note: For more along these lines, see concise summaries of deeply revealing news articles on military corruption from reliable major media sources.
After the FBI seized Joseph Ruiz's life savings during a raid on a safe deposit box business in Beverly Hills, the unemployed chef went to court to retrieve his $57,000. A judge ordered the government to tell Ruiz why it was trying to confiscate the money. It came from drug trafficking, an FBI agent responded in court papers. Ruiz's income was too low for him to have that much money, and his side business selling bongs made from liquor bottles suggested he was an unlicensed pot dealer, the agent wrote. The FBI also said a dog had smelled unspecified drugs on Ruiz's cash. The FBI was wrong. When Ruiz produced records showing the source of his money was legitimate, the government dropped its false accusation and returned his money. Ruiz is one of roughly 800 people whose money and valuables the FBI seized from safe deposit boxes they rented at the U.S. Private Vaults store in a strip mall. Federal agents had suspected for years that criminals were stashing loot there, and they assert that's exactly what they found. The government is trying to confiscate $86 million in cash and a stockpile of jewelry, rare coins and precious metals taken from about half of the boxes. But six months after the raid, the FBI and U.S. attorney's office in Los Angeles have produced no evidence of criminal wrongdoing by the vast majority of box holders whose belongings the government is trying to keep. About 300 of the box holders are contesting the attempted confiscation.
Note: In the recent past, police have been caught using asset forfeiture to pad departmental budgets. For more along these lines, see concise summaries of deeply revealing news articles on government corruption from reliable major media sources.
This week, House Democrats released their proposed tax increases to fund Joe Biden's $3.5tn social policy plan. The biggest surprise: they didn't go after the huge accumulations of wealth at the top – representing the largest share of the economy in more than a century. You might have thought Democrats would be eager to tax America's 660 billionaires whose fortunes have increased by $1.8tn since the start of the pandemic, an amount that could fund half of Biden's plan and still leave the billionaires as rich as they were before the pandemic began. Elon Musk's $138bn in pandemic gains, for example, could cover the cost of tuition for 5.5 million community college students and feed 29 million low-income public-school kids, while still leaving Musk $4bn richer than he was before Covid. But senior House Democrats decided to raise revenue the traditional way, taxing annual income rather than giant wealth. They aim to raise the highest income tax rate and apply a 3% surtax to incomes over $5m. The dirty little secret is the ultra-rich don't live off their paychecks. You might also have assumed Democrats would target America's biggest corporations, awash in cash but paying a pittance in taxes. Thirty-nine of the S&P 500 or Fortune 500 paid no federal income tax at all from 2018 to 2020 while reporting a combined $122bn in profits to their shareholders. But remarkably, House Democrats have decided to set corporate tax rates below the level they were at when Barack Obama was in the White House.
Note: Learn more about this in this New York magazine article. For more along these lines, see concise summaries of deeply revealing news articles on government corruption and income inequality from reliable major media sources.
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.