TV News LIES

Children: They bring you untold joy and hope for the future. They also cost $234,900 each to raise. And that doesn't include college. Kids are an increasingly expensive proposition, with expenses up 3.5 percent last year from 2010, according to an annual report from the U.S. Department of Agriculture.

As an aside, it's kind of strange that a government agency that usually concerns itself with the price of corn and salmonella outbreaks has studied child-rearing costs since 1960. But the numbers are key to courts and state governments, which use them to determine child support guidelines and foster care payments.

The Council on Foreign Relations (CFR) proposes that the U.S. Army be used to plan, command, and carry out (with the help of civilian law enforcement) domestic police missions. So says a story appearing in the May/June issue of the influential organization’s official journal, Foreign Affairs. The article lacks a single reference to the Posse Comitatus Act, which prohibits such actions.

The mysterious disappearance of voting histories for 488 registered voters in Shelby County, discovered by Black Box Voting, attracted much attention and has been referred to the US Dept. of Justice for investigation by US Rep. Steve Cohen.

Two important new developments:

1) An internal analysis conducted by the Tennessee Democratic Party and the Democratic National Committee's voter protection team has found that more than 11,000 voters statewide, who are still active on the voter file, have had parts of their voting history disappear.

The Food & Drug Administration quietly changed its consumer guide to birth control (PDF) this week, deleting claims that two kinds of contraceptives—the morning-after pill and the copper IUD—can prohibit an egg from implanting in the womb after fertilization.

The changes are significant because a number of religious groups, pro-lifers, and conservative politicians view contraceptives that prevent implantation as the equivalent of an abortion since the egg has already been fertilized.

Certain oil and gas operations that involve injecting wastewater underground can cause earthquakes, but the risk from hydraulic fracturing is generally low, said a US scientific report Friday.

The report by the National Research Council found that the most significant risk of earthquakes is linked to secondary injection of wastewater below ground to help capture remaining hydrocarbons from a petroleum reservoir.

Rajat Gupta, a consummate business insider who once sat on the board of Goldman Sachs Group Inc, was convicted on Friday of leaking secrets about the investment bank at the height of the financial crisis, a major victory for prosecutors seeking to root out illicit trading on Wall Street.

A Manhattan federal court jury delivered the verdict on its second day of deliberations, finding Gupta fed stock tips to his hedge fund manager friend Raj Rajaratnam gleaned from confidential Goldman board meetings. He was found guilty of four of six criminal counts and could face a prison term of up to 25 years.

"I was born a poor black child." So begins Steve Martin's character (who is white) in the 1979 film The Jerk. Adopted by an African American family, he only later comes to realise he is white.

I was born a privileged, white, middle-class American. But since 9/11, I have slowly been made to realise that I am a brown person.

Nokia plans to cut one in five jobs at its global cellphone business as it loses market share to rivals Apple and Samsung and burns through cash, raising new fears over its future.

In a second profit warning in nine weeks, Nokia said on Thursday that its phone business would post a deeper-than-expected loss in the second quarter due to tougher competition.