TV News LIES

Thursday, Aug 28th

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Wealthy continue to get farm subsidies, GAO finds

Millionaire farmers continue to pluck crop subsidies they don't deserve, federal investigators say.

At least 2,702 farmers nationwide received subsidies between 2003 and 2006 even through they were making more than the $2.5 million gross income cutoff. The unwarranted payments totaled $49 million and exposed enduring Agriculture Department management problems, investigators concluded.

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CNN Ordered to Rehire 110 Workers Fired for Belonging to a Union

This report likely won’t be on CNN’s “Headline News,” but after five years, former workers at CNN have finally gained justice. In a decision made public today, an administrative law judge ordered the network to rehire 110 workers who were fired because they were union members. CNN also was ordered to recognize the workers’ unions, National Association of Broadcast Employees and Technicians-CWA (NABET-CWA) locals 31 and 11.

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Five Convicted in Terrorism Financing Trial

On their second try, federal prosecutors won sweeping convictions Monday against five leaders of a Muslim charity in a retrial of the largest terrorism-financing case in the United States since the attacks of Sept. 11, 2001.

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TVNL Comment: If there was an iota of justice in the US, anyone who contributed a single dime to anyone in the Bush killing machine would be convicted of aiding a terrorist group.  

Citi, AIG Won't Drop Big Sports Sponsorships

AIG, Citibank and a number of other federally bailed-out financial institutions have no plans to cancel hundreds of millions of dollars in sports team sponsorships, even as they take billions in taxpayer support, ABC News has found.

Struggling Citibank just sealed a multi-billion-dollar emergency "backstop" deal with the U.S. government. The financial behemoth, suffering with billions in bad mortgage-related assets on its books, recently shed 53,000 workers and saw its stock price lose over half its value. Yet it's in a 20-year contract to pay the New York Mets $400 million to name the team's new stadium "Citi Field." 

TVNL Comment: So in essence you, the tax payer, subsidized the milti-million dollar baseball player, who PLAYS GAMES for a living! Not only that...they have made it so expensive to see games that many people can't afford to even go to a game anymore!

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UBS clients seek amnesty on U.S. taxes: report

Some wealthy clients of UBS AG are coming forward to make amends with U.S. tax authorities after a former UBS private banker was indicted, a sign that U.S. efforts to battle offshore tax evasion are having the desired effect.

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TVNL Comment: Hey, can the rest of get in on this?  Can us ordinary folks avoid taxes and than ask for amnesty?  Just asking.

Government prepared to lend $7.4 trillion

The U.S. government is prepared to lend more than $7.4 trillion on behalf of American taxpayers, or half the value of everything produced in the nation last year, to rescue the financial system since the credit markets seized up 15 months ago.

The unprecedented pledge of funds includes $2.8 trillion already tapped by financial institutions in the biggest response to an economic emergency since the New Deal of the 1930s, according to data compiled by Bloomberg. The commitment dwarfs the only plan approved by lawmakers, the Treasury Department’s $700 billion Troubled Asset Relief Program. Federal Reserve lending last week was 1,900 times the weekly average for the three years before the crisis.

TVNL Comment: First of all the "Fed" is not government. What they are doing is stealing the money of the next ten generations! The only way to stop this is to end the Fed.

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Father murdered, wife and daughter jailed: killers call the shots in Iraq's justice system

Maliki is among tens of thousands of Iraqis for whom justice is a delusory buzz-word of a departing occupation. As the US prepares to withdraw its combat troops from most towns and villages by the middle of next year, the rule of law remains unenforceable throughout all layers of the nascent state it will leave behind.

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Rich countries launch great land grab to safeguard food supply

Rich governments and corporations are triggering alarm for the poor as they buy up the rights to millions of hectares of agricultural land in developing countries in an effort to secure their own long-term food supplies.

The head of the UN Food and Agriculture Organisation, Jacques Diouf, has warned that the controversial rise in land deals could create a form of "neo-colonialism", with poor states producing food for the rich at the expense of their own hungry people.

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NYC Churches Ordered Not To Shelter Homeless

City officials have ordered 22 New York churches to stop providing beds to homeless people.

With temperatures well below freezing early Saturday, the churches must obey a city rule requiring faith-based shelters to be open at least five days a week -- or not at all.

Arnold Cohen, president of the Partnership for the Homeless, a nonprofit that serves as a link with the city, said he had to tell the churches they no longer qualify.

He said hundreds of people now won't have a place to sleep.

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