Guess Who Leads the Bribery World?
The USA is the most corrupt country in the world and I have 10,000 posts that point heavily to that fact…

Guatemala STD report urges care December 16, 2011

Hundreds of people were infected with syphilis bacteria during the experiments

A US bioethics panel says victims harmed by future research should be compensated, after revelations of abuse in a US-funded programme in Guatemala.

It said agencies involved in research should be more transparent, though they were protected by federal ethics rules.

Some 1,300 Guatemalans were infected with sexually-transmitted diseases without their knowledge in the 1940s.

Eighty-three people died during the research, prompting President Barack Obama to demand an investigation.

In commissioning the report, Mr Obama said what happened in Guatemala was a “sobering reminder of past abuses”.

“The Commission is confident that what happened in Guatemala in the 1940s could not happen today”, Presidential Commission for the Study of Bioethics Issues chairwoman Amy Gutmann said in a statement.

But there was a “strong ethical case” for compensating people injured in future research, she said.

‘Dark chapter’

In its final report, the bioethics panel said current regulations should be able to protect the rights and welfare of subjects.

But many federal offices “could not provide basic data about the research they support”, it said.

The report highlight problems at the Pentagon, which it said took seven months to prepare information on specific studies it supported.

“There is still a need for more transparency and public access to information about federally supported human subjects research,” Dr Gutmann said.

The report makes 14 specific recommendations to agencies, but notes that similar recommendations made over the past 20 years have resulted in “no clear response” from the federal government.

Earlier this year, the same commission officially condemned the Guatemalan research, calling it a “dark chapter of our medical history”.

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In DC, knowledge is not only power – it’s money, too | Ana Marie Cox November 20, 2011

CBS’s 60 Minutes report on insider trading by members of Congress. Video: CBS

It’s hardly the most important question that comes to mind when reviewing the evidence of congressmen buying and selling stock based on their knowledge of upcoming legislation, but I confess it’s the riddle that fascinates me the most: what counts as “inside information” in DC? When corruption is as rampant as this behavior clearly was, does it even count as corruption?

Knowing something that others don’t know is Washington’s chief currency. Such knowledge is hardly even a underground economy, the informational equivalent of an open-air drug market, “The Wire’s” third season without the cops. DC denizens are loath to blow the whistle on untoward profit off of private knowledge because to do so would be an admission that they’re not a part of the deal – in Washington, “everyone knows” is often code for “I don’t want to admit I haven’t heard myself.”

I think this is why the evidence of insider trading uncovered by the Hoover Institution and CBS, as rife as it clearly was (is?), never raised alarms or eyebrows: who wants be the square at the party?

Steve Croft, the anchor of the “60 Minutes” segment on the scandal, at one point asks former Rep Brian Baird about the paltry six co-sponsors he and Rep Louise Slaughter got for a bill that would outlaw trading on non-public information. That’s not a lot of support, Croft observed. Replied Baird: “It’s not, Steve. You … you could have … ‘National Cherry Pie Week’ and get 100 co-sponsors.”

And, of course, 300 congressmen buying stone fruit futures.

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BofA Said to Split Regulators Over Moving Merrill Derivatives to Bank Unit October 20, 2011

October 19, 2011

by legitgov


BofA Said to Split Regulators Over Moving Merrill Derivatives to Bank Unit 18 Oct 2011 Bank of America Corp., hit by a credit downgrade last month, has moved derivatives from its Merrill Lynch unit to a subsidiary flush with insured deposits, according to people with direct knowledge of the situation. The Federal Reserve and Federal Deposit Insurance Corp. disagree over the transfers, which are being requested by counterparties, said the people, who asked to remain anonymous because they weren’t authorized to speak publicly. The Fed has signaled that it favors moving the derivatives to give relief to the bank holding company, while the FDIC, which would have to pay off depositors in the event of a bank failure, is objecting, said the people. The bank doesn’t believe regulatory approval is needed, said people with knowledge of its position.

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McChrystal: after 10 years, Afghan war only half done October 7, 2011

The US began the war in Afghanistan with a “frighteningly simplistic” view of the country and even 10 years later lacks the knowledge that could help bring the conflict to a successful end, a former top commander has said.

Retired US army general Stanley McChrystal said in remarks at the Council on Foreign Relations that the US and its Nato allies were only “a little better than” 50% of the way to reaching their war goals.

Of the remaining tasks to be accomplished, he said, the most difficult may be to create a legitimate government that ordinary Afghans could believe in and that could serve as a counterweight to the Taliban.

McChrystal, who commanded coalition forces in 2009-10 and was forced to resign in a flap over a magazine article, said the US entered Afghanistan in October 2001 with too little knowledge of Afghan culture.

“We didn’t know enough and we still don’t know enough,” he said. “Most of us, me included, had a very superficial understanding of the situation and history, and we had a frighteningly simplistic view of recent history, the last 50 years.”

US forces did not know the country’s languages and did not make “an effective effort” to learn them, he said.

McChrystal said the Bush administration’s decision to invade Iraq less than two years after entering Afghanistan made the Afghan effort more difficult.

“I think they were made more difficult, clearly,” he said, because the Iraq invasion “changed the Muslim world’s view of America’s effort. When we went after the Taliban in Afghanistan in 2001 there was a certain understanding that we had the ability and the right to defend ourselves and the fact that al-Qaida had been harboured by the Taliban was legitimate.

“I think when we made the decision to go into Iraq that was less legitimate” in the eyes of much of the Muslim world, he said. Iraq also diverted military resources that could have been put to good use in Afghanistan, he said.

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AP sources: Christie soon to decide on primary run October 1, 2011

October 1, 2011

by legitgov


AP sources: Christie soon to decide on primary run 30 Sep 2011 New Jersey Gov. Chris Christie is reconsidering his decision to stay out of the race for the White House in 2012 and is expected to make a decision soon, according to several people close to the governor with knowledge of his thinking. Christie has long said he won’t run in 2012. But those close to the first-term governor, who spoke only on condition of anonymity because they were not authorized to speak publicly on the issue, say he is rethinking his hard stance.

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