PROJECT CENSORED 2012 - Page 4

The top stories you didn't read in the mainstream media: expanding police state, NATO war crimes, criminalized protests, more

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GUARDIAN ILLUSTRATION/GETTY FILE PHOTOS


4. FBI AGENTS RESPONSIBLE FOR TERRORIST PLOTS

We know that FBI agents go into communities such as mosques, both undercover and in the guise of building relationships, quietly gathering information about individuals. This is part of an approach to finding what the FBI now considers the most likely kind of terrorists, "lone wolves." Its strategy: "seeking to identify those disgruntled few who might participate in a plot given the means and the opportunity. And then, in case after case, the government provides the plot, the means, and the opportunity," writes Mother Jones journalist Trevor Aaronson. The publication, along with the Investigative Reporting Program at the University of California-Berkeley, examined the results of this strategy, 508 cases classified as terrorism-related that have come before the US Department of Justice since the 9/11 terrorist attacks of 2001. In 243 of these cases, an informant was involved; in 49 cases, an informant actually led the plot. And "with three exceptions, all of the high-profile domestic terror plots of the last decade were actually FBI stings."

 

5. FEDERAL RESERVE LOANED TRILLIONS TO MAJOR BANKS

The Federal Reserve, the US's quasi-private central bank, was audited for the first time in its history this year. The audit report states, "From late 2007 through mid-2010, Reserve Banks provided more than a trillion dollars... in emergency loans to the financial sector to address strains in credit markets and to avert failures of individual institutions believed to be a threat to the stability of the financial system." These loans had significantly less interest and fewer conditions than the high-profile TARP bailouts, and were rife with conflicts of internet. Some examples: the CEO of JP Morgan Chase served as a board member of the New York Federal Reserve at the same time that his bank received more than $390 billion in financial assistance from the Fed. William Dudley, who is now the New York Federal Reserve president, was granted a conflict of interest waiver to let him keep investments in AIG and General Electric at the same time the companies were given bailout funds. The audit was restricted to Federal Reserve lending during the financial crisis. On July 25, 2012, a bill to audit the Fed again, with fewer limitations, authored by Rep. Ron Paul, passed the House of Representatives. HR459 expected to die in the Senate, but the movement behind Paul and his calls to hold the Fed accountable, or abolish it altogether, seem to be growing.

 

6. SMALL NETWORK OF CORPORATIONS RUN THE GLOBAL ECONOMY

Reporting on a study by researchers from the Swiss Federal Institute in Zurich didn't make the rounds nearly enough, according to Censored 2013. They found that, of 43,060 transnational companies, 147 control 40 percent of total global wealth. The researchers also built a model visually demonstrating how the connections between companies — what it calls the "super entity" — works. Some have criticized the study, saying control of assets doesn't equate to ownership. True, but as we clearly saw in the 2008 financial collapse, corporations are capable of mismanaging assets in their control to the detriment of their actual owners. And a largely unregulated super entity like this is vulnerable to global collapse.

 

Comments

Here's 2 versions of the 1st expert showing that the true horror of the NDAA is its backdoor in plain sight (not indefinite detention), which codifies quasi-dictatorial powers secretly claimed by Bush in 2001, and then Obama. So I guess this is an exposure of the censored version of one of the most censored stories in 2012:

http://theglobal99movement.blogspot.com/2012/10/losing-biggest-constitut...

http://www.dailykos.com/story/2012/10/07/1140438/-Losing-Biggest-Constit...

And to think, some of this all started at UC-Berkeley.

Posted by Christopher M. Tucker on Oct. 10, 2012 @ 5:35 pm

I find it egregious that your paper accuses NATO's well executed operation in Lybia to save hundreds of thousands of lives of being a war crime! You must know the area prior to the uprising. A bloody dictator that had no mercy on his people and finally in the wake of the arab revolts that begun in Tunisia Lybians against all odds rose to liberate themselves from the murderous tyrant but alas without the intervention of France a massive massacre was to ensue. I think it was a job well done considering the misery the Lybians suffered under the tyrant.

Posted by nafiss on Oct. 10, 2012 @ 10:26 pm

Maybe characters in an ancient Greek play? Oh, wait... you mean "NATO" and "Libya", and you're actually serious about the "job well done" part.

Well I guess if the "job" was to liberate Libya's oil for the foreign corporations, then indeed the job was well done.

No denying that Khaddafi was an autocrat. But there's also no denying that:
-Libya had the highest standard of living on the entire continent of Africa, which suggests that quite a bit of oil wealth did find its way down to the people.
-Libya had universal healthcare and was the only country in Africa where life expectancy approached European levels.
-The government kept radical Islam in check. And you know what? Khaddafi turned out to be right when he said terrorists were infiltrating the anti-government militias.
-Libya provided tons of foreign aid for desperately poor African countries. And we're not talking "aid" in the neoliberal sense either, where western governments send in a corporation to rake in big bucks, while the country's government piles on debt. We're talking real development aid.

Khaddafi wasn't a good guy. But if you're trying to sell the idea that ExxonMobil and BP will be better, color me skeptical.

Once the bloody civil war settles down and the Libyan people finish slaughtering each other, and one western-backed warlord emerges victorious over the rest (I'm sure they'll call him "president" or "prime minister" or something western-sounding to make him look appealing), we'll see how the new rulers deal with the rubble of their once-prosperous country.

Posted by Greg on Oct. 10, 2012 @ 11:09 pm

This is perhaps the most urgent subject because not only is the human species endangered, but so are all other species. The World Wildlife Fund's 'Living Planet Report 2012' is a must read. The two most disturbing findings include a loss of 30% global biodiversity and a 50% resource overdraft starting at the tipping point in 1970. I am a retired environmental scientist and I am torn between sounding the alarm and just accepting what I feel is now unavoidable.

Posted by Guest on Oct. 13, 2012 @ 6:28 pm

Whether or not one agrees with the points of this article, you must acknowledge that the news media is complicit in plotting with big industry in ignoring or embellishing certains stories that are commerically sensative.
I sense that there is a struggle going on in mainstream media for change. There are those who cling to the past and the role that media has had in shaping public opinion, vs transparency and factual writing that is honest and fair.
I am waging my own protest by not watching mainstream tv and not reading mainstream newspapers.
I also hold the view that ancient Romans had that politicans, prostitutes and actors were all in the same category. All three painted their faces and told lies to please the vanity of their clients.

Posted by Guest claudia on Oct. 22, 2012 @ 6:44 am

Thank you for finally sharing some tidbits of truth in a mainstream media format. I hope it nudges people to look for more. The mother lode of true investigative journalism today is at www.jimstonefreelance.com. All original research, not regurgitated rumor...and chillingly fleshed out with details, on these topics and many more. Jim Stone is a true reporter, not a repeater.

Posted by Guest Wide Awake on Oct. 23, 2012 @ 3:52 am

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