Trust No One

The United States is home to just 5% of the world’s population—but we generate 75% of global pharmaceutical profits.That imbalance was at the heart of my Oxford Union debate last week.Now, there's a fresh example of how drug companies wring outsized returns from the U.S. market.Gilead Sciences, a California biotech giant, is best known for Truvada, its HIV prevention drug (PrEP), which brought in more than $30 billion.But here’s what most people don’t know:The research and testing behind Truvada were paid for by the CDC, NIH, and the Gates Foundation. Gilead’s sole contribution? Supplying the pills for clinical trials.When the U.S. government patented Truvada in 2015—aiming to distribute it affordably worldwide—Gilead sued to block it. The courts sided with Gilead.Truvada costs $6 a month to manufacture. Gilead sold it for $1,600 to $2,000 a month—a 25,000% markup.Now that the patent has expired and generic Truvada is available for as little as $40 a year, Gilead needs a new cash cow.Enter lenacapavir, a long-acting injectable version of PrEP. Just two shots a year, instead of a daily pill.Before the FDA, Gilead argued that “some people face significant barriers to taking a daily pill,” and that its injectable offers “a more convenient alternative.” It cited data showing Truvada was only 26% effective in certain groups, largely due to skipped doses.This is a classic pharma strategy: take an old drug, tweak the delivery method, and get a fresh 20-year patent. It’s called “evergreening,” and it’s wildly lucrative.The price of Gilead’s new injectable? $28,000 a year per patient.Gilead expects to rake in over $50 billion from the drug while it’s under patent.Ka-ching. 💰💲Welcome to the world of Big Pharma.P.S. My Oxford Union debate on profits and healthcare will be online soon. When it is, Just the Facts subscribers will be the first to get it. Stay tuned. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit www.justthefacts.media

My take on the enduring seductive power of conspiracies This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit www.justthefacts.media

Many people think I am a conspiracy debunker since I concluded in Case Closed, my 1993 reexamination of the JFK assassination, that Oswald alone had killed the president.Not quite.Not all conspiracy theories are equal. Although they have been around for millennia, just in my lifetime I have witnessed the unraveling of consequential conspiracies that exposed government lies about Vietnam, the power grab of Watergate, the Iran Contra arms scandal, and the deceits that led to the Iraq war. Government officials are not the only ones who scheme against the common good. The business world is littered with plots that have enriched executives at public expense. Big Tobacco, for instance, denied for decades that cigarettes caused cancer while simultaneously funding studies to obfuscate the lethal truth under a deluge of disinformation.The handful of real conspiracies, however, pales in insignificance to the flood of theories in a world exponentially enamored with the idea that the simple explanations merely hide far more byzantine and nefarious truths. That the world is run by secret societies is one of the oldest and most persistent beliefs, although those thought to be in charge has changed over time from the Illuminati, Freemasons, the Jews, to today’s globalist elites (the ‘global elites’ overlaps sometimes with ‘the Jews are to blame’.) One in four Americans believe there are dark plots “behind many things in the world.”As a U.C. Berkeley Political Science major, I am a natural skeptic. I don’t put a lot of faith in institutions. Even when the government tries to do something good, it often does so inefficiently. It cannot build a homeless shelter or a freeway extension on budget or on time. When it conspires to lie and work against the public interest, the truth might be slow to emerge, but it always does. Leaked files, whistleblowers, hacked email accounts, credible bits of evidence of what was supposed to stay secret, find their way into the public domain. Massive document dumps like the Pentagon Papers, WikiLeaks, the Panama Files, and the Snowden leaks, highlight a lot of government and corporate wrongdoing. But there is not a single mention in those millions of documents about hiding space aliens, faking the moon landing, killing JFK, blowing up the World Trade Center, or stealing a presidential election.Researchers who study the psychology of conspiracy theories conclude that their spiraling popularity is the result of record levels of anxiety in contemporary society, coupled with widespread disenfranchisement and alienation. Conspiracy theories make a chaotic world seem more ordered and controllable. Ideas that years ago might have been the province of the tin foil hat fringe today make their way into the digital zeitgeist at warp speed. As innuendos, rumors, fake information, and a dose of AI, go viral, what used to percolate for years now takes only hours to gain momentum.That is especially true when it comes to history changing and unexpected events. Proportionality bias is the inclination to believe that big events must have big causes. People have no problem understanding that tens of thousands die annually in car wrecks. But when that person was Princess Diana in 1997, there was instant speculation about foul play. Instead of AIDS being a centuries-long natural evolution of a retrovirus from Africa it must have been the CIA deploying a bioweapon designed to kill inner city Blacks and gay men. No way that nineteen hijackers armed with box cutters pulled off 9/11. COVID could not have naturally jumped species from animals to humans in a wet market in China. It must have been a laboratory creation designed by governments and billionaires as a beta test run for controlling the population while censoring dissent under the guise of public health.Historian William Manchester wrote about proportionality psychology as it related to the JFK assassination:“If you put six million dead Jews on one side of a scale and on the other side put the Nazi regime . . . you have a rough balance: greatest crime, greatest criminals."But if you put the murdered president of the United States on one side of a scale and that wretched waif Oswald on the other side, it doesn't balance. You want to add something weightier to Oswald. It would invest the president's death with meaning, endowing him with martyrdom. He would have died for something. A conspiracy would, of course, do the job nicely. Unfortunately, there is no evidence whatever that there was one.”Manchester’s last line highlights one of my basic rules: show me the evidence (it’s not an accident that my Substack is titled Just the Facts). Evidence is often in short supply. A lot of otherwise intelligent people find ways to rationalize their beliefs. They search for something, anything, that confirms their bias. Many suffer from what is called hindsight bias; knowing what happened lets people interpret evidence to fit their theory of how it happened. Trump supporters, for instance, think the Secret Service’s negligence on the day of the attempted Butler assassination was a convenient cover to hide a secret plot to kill the former president. Meanwhile, those who can’t stand Trump, refuse to believe there was a near death shot that only nicked his ear and were convinced the event was staged.Conspiracy theories seem like simple answers to difficult problems because most people do not understand the difference between correlation and causation. For instance, my last book, Pharma, was a history of the American pharmaceutical industry. I uncovered no shortage of drug company conspiracies that put profits ahead of patients. But some readers were disappointed that I did not conclude that vaccines caused autism. Many children diagnosed with autism received childhood vaccines. That is a correlation. But it does not provide the proof that one causes the other. The proof might be there one day, but it is not yet available.The proof cited frequently to support a conspiracy theory turns out to be something totally discredited, as with the falsified data in the medical journal relied on for the autism-vaccine connection, or is something that has been repeated so often it is widely accepted as true. I’d be rich if I had a dollar for every time someone unequivocally told me that the world’s greatest marksmen tried and failed to pull off the shooting sequence as Oswald did when he killed President Kennedy. The timing and accuracy of Oswald’s shots have been repeatedly reproduced. Still, the misinformation thrives.The absence of proof does not deter some theorists from speculating that the evidence of a conspiracy must exist somewhere, they just don’t know where. One Berkeley English professor invented the “negative template” to explain away a lack of proof. He posited that if someone is expecting to find information in a classified file, and it is not there when the file is released, that alone is “evidence” it was removed or destroyed by the conspirators.Investigative journalists operate with a different standard. A credible lead will sometimes have us hunting for even a shred of evidence. Last year, for instance, I spent a few frustrating months chasing a tip from a retired law enforcement officer about possible foul play in the death of Jeffrey Epstein. That Epstein was murdered to keep a lid on the sordid sexual secrets involving some of the world’s most powerful people is a certifiable conspiracy theory. It is something I thought unlikely but possible. The retired officer had been a reliable source for some of my past reporting. Ultimately, despite dozens of interviews and lots of hunting for documents, every promising avenue of inquiry proved fruitless. While I was left with concerns about what some of the prison staff did on the day Epstein died, I was convinced that he had killed himself. No media outlet was interested in publishing my dog bites a man story; they all wanted man bites a dog.In a rational world, no conspiracy theory, no matter how enticing, would survive without some credible evidence. But that does not matter in an era in which a lot of people get their news from Tik Tok. Chasing meritless conspiracy theories, I am often told, is harmless. That ignores that they sometimes produce dangerous consequences. After reading online in 2016, for instance, about a Washington, D.C.–area pizzeria that harbored young children as sex slaves as part of a Hillary Clinton-run child abuse ring, a 28-year-old father of two drove six hours with his AR-15 to rescue the children. No one was injured when he opened fire inside the restaurant. Not so lucky were the eleven killed and six injured at Pittsburgh’s Tree of Life Synagogue in 2018. The gunman believed that a migrant caravan on its way to the U.S. was part of a Jewish plot to flood America with illegal immigrants.There is no clear marker for when healthy skepticism crosses over to conspiracy ideation. Often an underlying element of truth is perverted and expanded into a convoluted theory. It does not always take a lot for someone to leave the world of sanity to enter the province of Oliver Stone and Candace Owens. In the wake of October 7, for instance, there was plenty to criticize about Israel’s unprecedented intelligence failure to pick up advance notice of Hamas’s terror attack. Conspiracy theorists, however, followed the template of 9/11 truthers to go far beyond that. They turned the negligence and shortcomings of Israeli intelligence into a cunning plan designed to allow Hamas to pull off the attack to justify a military invasion of Gaza. Some florid anti-Israel zealots went a step further, contending it was the IDF who killed most Israelis on October 7 and denying Hamas targeted any civilians for murder and rape.I have written about October 7 denialism. It is as odious as Holocaust denial or the early twentieth-century Tzarist forgery, The Protocols of the Elders of Zion, that posited a secret cabal of Jews controlled the world. Reason, logic and facts, however, cannot extinguish those or other theories. They thrive precisely because they fit an often-paranoid view of the world. Record levels of distrust of government and institutions reinforce them. The pervasive loss of faith feeds a sinister hypothesis that dark forces are constantly plotting to crush our freedoms. And a reflexive government response to major events that keeps important information secret and away from the public only feeds the sense that top officials have something to hide.Widespread public cynicism is exacerbated by a parallel sense of powerlessness. Analytical thinking and a demand for proof seems so yesterday. Many social media influencers claim to know the truth by intuition alone. The inferences and deductions and reliance on logic is their grandparent’s way of dissecting a problem. The most ambitious conspiracy theory only requires good instincts. And a common flaw is a tendency to interpret evidence against a theory as evidence for it. When JFK’s assassin, Lee Harvey Oswald, turned out to be a self-declared communist, many on the left thought that was evidence the plot must have been hatched by right wingers looking to frame the left. The fact that Biden won the presidential election was all the evidence election denialists needed to charge there had been massive voter fraud.Even hunches, however, need to stand up to common sense scrutiny. Many grand theories fail because of sheer impracticability. Dozens of events would have had to come together in a perfect patchwork or everything would unravel. Imagine how many conspirators would have been involved in planting explosive charges in the World Trade Center towers and remotely controlling the hijacked planes. What about stealing JFK’s corpse while it was being flown to an autopsy to do covert postmortem surgery that would frame Oswald as the shooter? Hundreds of conspirators would have had to keep the secret. No leak, no family discussion, no stray note or email, never once a guilty conscious or a death bed confession. That happens only in the movies.Disproving conspiracies is mostly a fool’s errand. It is impossible to convince a true believer out of even the craziest theory. It is analogous to convincing someone they joined a cult. People join groups they believe are good and somehow are blind to the truth that is abundantly clear to others. The “backfire effect” is what happens when refuting a conspiracy theory makes its proponents double down. I have learned that the hard way, over many heated discussions. My best arguments seldom ended with someone changing their minds. Instead, it often ends with me being accused of being part of the conspiracy. If a reasoned approach fails with most individuals, imagine the folly of winding back the clock once a society starts embracing a conspiratorial mindset. When social media influencers cash in on promoting conspiracies everywhere, the line between what is real and what is conspiratorial ideation is harder to judge than ever.Because I am a skeptic, I hear from a lot of people hoping to convince me they have the evidence of the next great conspiracy. Some of my best reporting about misdeeds and public corruption have come from those tips. However, I am still waiting for the ‘next Watergate.’ So are a lot of my readers. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit www.justthefacts.media

My latest WSJ OpEd went live this evening online and will be in the print edition tomorrow. Here it is in full for Just the Facts subscribers (note: The VoiceOver for this article is an AI automated voice)Protecting women’s sports should be at the top of the Trump administration’s to-do list. The issue gained national attention in 2022, when male swimmer Lia Thomas, who had been ranked 65th among men in the nation for the 500-yard freestyle, won an NCAA swimming championship while competing as a woman. A United Nations report last month revealed that men identifying as women have won 890 medals in 29 female-only sports worldwide.The Education Department in April proposed a regulation adding “gender identity” as a protected category to Title IX rules. Title IX, enacted in 1972, bans sex discrimination by federally funded educational institutions. The new rule, which went into effect Aug. 1, allows males unfettered access to female locker rooms and bathrooms. It also signals approval of men participating in and dominating women’s athletics.Republicans tried unsuccessfully to pre-empt the Title IX changes. In 2023 the House passed the Protection of Women and Girls in Sports Act, which defined sex as “based solely on a person’s reproductive biology and genetics at birth.” When it got to the Senate, Alabama’s Tommy Tuberville—who began his career as a high-school girls’ basketball coach—asked for unanimous consent. Hawaii’s Sen. Mazie Hirono objected, saying it would bar people from playing sports “consistent with their gender.” Majority Leader Chuck Schumer stymied the bill. In July Sen. Cindy Hyde-Smith (R., Miss.) and Rep. Mary Miller (R., Ill.), introduced a resolution under the Congressional Review Act to reverse the Biden regulation. It passed the House along party lines, 210-205. Mr. Schumer again made certain it died in the Senate.Federal courts blocked the Biden administration rule in 26 states. The Supreme Court upheld these injunctions and may eventually take up the new rule itself. The new Republican-controlled Congress could settle the matter quickly by passing a bill to reverse the Biden Title IX modifications. It would sail through the House, maybe even winning some support from Democratic representatives who saw the potency of the issue in the November election. Massachusetts Rep. Seth Moulton has said that his party is “out of touch” and that he doesn’t want his daughters playing in sports against males.New Senate Majority Leader John Thune could force Democrats to vote on the issue. It takes 60 votes to overcome a filibuster. Republicans will have 53, and the new Senate will have 10 members from states Donald Trump carried. Should the effort to restore Title IX stall in the Senate, Mr. Trump can issue an executive order barring institutions that receive federal funding from allowing male athletes to participate in athletic programs designed for girls and women. It will get tied up in litigation, but at least the federal government will be on the right side of the issue. The Trump administration should be at the forefront to restore fairness and demonstrate quickly that elections have real consequences for protecting women’s rights.Mr. Posner is author of “Pharma: Greed, Lies and the Poisoning of America.” This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit www.justthefacts.media

The brutal murder of UnitedHealth Group CEO, Brian Thompson, in the streets of Manhattan, has elicited widespread condemnation but also unleashed an online tsunami of celebratory memes and praise for the killer. The polarizing reaction has put a spotlight on the deep-seated animosity that many Americans harbor toward health insurance companies that often deny critical medical claims to protect profits. As they reject essential medical treatments, a corporate whistleblower recently provided me an internal health insurance policy that revealed they are also green-lighting expansive “gender affirming care” benefits for employees and their dependent children.Under Thompson's leadership, UnitedHealth had one of the industry’s highest rates of claim denials. A Senate subcommittee report from October found that the company denied requests for costly post-acute care at triple the rate of less expensive treatments. Worse, the insurer used an artificial intelligence-driven claims process with a 90% error rate in determining medical necessity. The industry-leading denial rate was good for shareholders but created a legion of angry patients who felt subordinated to the company’s bottom line profits. The backlash has prompted some insurers to reconsider controversial policies. Last week, Anthem Blue Cross Blue Shield, one of the country’s biggest insurers, announced it would halt a policy change that limited reimbursement for anesthesia during surgeries.Yes, you read that correctly. Anthem BCBS had quietly rolled out a policy in three states in which it set an “appropriate number of minutes” for surgical procedures and refused to pay for anesthesia that exceeded the limits. Complications that extended surgery times made patients responsible for the costs.The Anthem policy had survived nearly a year despite vociferous industry opposition from the American Society of Anesthesiologists. However, Anthem only backtracked following Thompson’s murder.I was acutely aware of the extent of the hypocrisy of Anthem’s ‘let’s limit reimbursement for surgical anesthesia’ since I had recently received from a whistleblower a copy of a corporate “LGBT+ Benefits Guide” from the same insurer. In the Anthem healthcare policy offered by Edward Jones, a Fortune 500 firm that is the largest U.S. financial services company in the number of financial advisors, it has a section titled “Transgender-inclusive health benefits.” “Our medical plan provides gender-affirming health benefits to associates and dependents who have a diagnosis of and meet Anthem’s clinical requirements for gender dysphoria.”The plan then lists what “gender-affirming care includes”* Hormone-replacement therapy including puberty blockers for youths (where allowed by law)* Reconstructive chest, breast and genital surgery.* Other services, such as facial feminization surgery, voice modification surgery, tracheal shave/thyroid reduction surgery, etc.”Edward Jones employees can qualify for “family-oriented and surgical recovery leave” for themselves, or “a loved one [who] receives gender-affirming surgery.”If an Edward Jones employee, or dependent, “must travel more than 50-miles from your home to receive in-network gender-affirming surgery because it’s not available in your area, our medical plan covers up to $50 per day for one person and $100 per day for up to two companions in travel and lodging expenses.”Who does Anthem list as “eligible dependents?* Legal spouse.* Edward Jones-recognized domestic partner* Children born to you, adopted by you or waiting to be adopted by you; stepchildren; children for whom you are the legal guardian; foster children; and children and stepchildren of your domestic partner.”Requests for comments from Anthem or Edward Jones went unanswered.As someone who has extensively covered corporate abuses in the healthcare industry, including in my 2020 book PHARMA: Greed, Lies, and the Poisoning of America, I’ve documented countless ways in which profits are prioritized over patients. But the murder of UnitedHealth’s CEO has brought fresh attention to the role of private insurers in perpetuating public mistrust. With healthcare decisions, as in the case of Anthem, to prioritize gender-affirming care while dialing back on such basic needs as anesthesia for the full length of a surgery, it is little wonder that so many Americans feel abandoned by a system that seems increasingly designed to work against them. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit www.justthefacts.media

Meta has kept secret a disturbing flaw in its systems by which cybercriminals exploit Instagram accounts for illegal activities, including running up charges on stolen credit cards and selling nonexistent products. The criminals exploit a weakness in Meta security by creating and linking fraudulent Instagram accounts to randomly selected legitimate Facebook profiles. This enables the hackers to mostly bypass Meta’s commerce eligibility criteria, the supposed safeguard before verifying an account for sales activities. The hackers then abuse their new accounts until Meta detects the fraud and shuts them down. However, by that time, the legitimate Facebook profiles linked to these hacked Instagram accounts are suspended or deleted in error.The result is that tens of thousands of Facebook users have unjustly had their accounts permanently deleted.What has been Meta’s response to this security issue? It has refused to address it.How do I know all this? I came to this story by a bit of personal serendipity. My wife, Trisha Posner, had thousands of friends and colleagues on her Facebook profile that she created in July 2007. This past June 13, Trisha got the notice (in the image at the top of this article) that her Facebook account was suspended “because your Instagram account lijaaketer533 doesn’t follow our rules. You have 180 days left to appeal. Log into your linked Instagram account to appeal our decision. Log into your Instagram account.”That was the first time Trisha had ever heard of an Instagram account with the username lijaakter533. She has her own Instagram accounts, a personal one under her own name, and another for our nonprofit, Antisemitism Watch. Both of those accounts were still operating.It was only when Trisha tried correcting her Facebook suspension that she immediately discovered that Meta had created a classic “Catch 22” that made it impossible to fix. Meta’s online help sends users in an endless circle of dead ends. And in this case, it only allowed an appeal to be made by the Instagram account that had violated its rules. However, since that Instagram account was created by some unknown cybercriminal, it was impossible for Trisha to access it to appeal her account suspension. Only the hacker knew that account's username and password. No matter what Trisha tried, Meta showed no interest in even acknowledging the problem, much less correcting it. Meta ignored every entreaty for a workaround. After signing up for Meta Verified on her personal Instagram account, chat representatives promised to investigate, but Trisha never heard back. She paid for Meta Pro Team support which also proved to be useless. Frustrated at Meta’s total stonewalling and unresponsiveness, Trisha filed a formal consumer complaint to the California Attorney General’s office.By this point, I got involved to determine whether Trisha’s experience was an isolated incident or part of a larger Meta problem. What I discovered was startling. I first came across FBDisabledMe, a subreddit with nearly 20,000 members many of whom had experienced the same problem: their Facebook accounts were first suspended and then ultimately deleted after hackers linked fraudulent Instagram accounts to their profiles. As with Trisha, those users had no way to appeal because only the hacker knew how to access the compromised Instagram account. After discovering FBDisabledMe, I reached out to others who would have more information. It included litigators who had fought Meta on other matters and had masses of discovery from the company, as well whistleblowers who had testified publicly about problems inside the company. Eventually, I was put in touch with a veteran software engineer who had personal knowledge of the problem that Trisha had stumbled into. According to that engineer, the 20,000 users on FBDisabledMe represented just a fraction of those affected. The real number of Facebook users who had fallen victim to the scam could be as high as 250,000. Meta’s security logs indicated that many of the affected Instagram accounts were linked to IP addresses from countries like Romania, Latvia, Belarus, and Moldova.Has Meta shared this information with Interpol or other law enforcement agencies? It is unclear since Meta refuses any public comment.Over the past week, I reached out several times to Meta’s press office for an official statement but received no response.Meta faces daily cybersecurity challenges. While it spends a lot of money on security, digital crooks are constantly probing to find weaknesses. It is troubling that Facebook will not acknowledge that this easily exploited vulnerability is leaving a trail of innocent victims who lose forever their accounts.In 2019, the FTC imposed a historic $5 billion penalty on Facebook (now Meta) and ordered the company to implement sweeping privacy requirements designed to boost transparency and accountability. What makes this issue even more egregious is Mark Zuckerberg’s apparent indifference. With over three billion users, he likely views the loss of 250,000 accounts as a minor inconvenience. Users who lose their accounts might simply create new ones, while others vent their frustrations on a subreddit that gets little attention from the tech or business press.There’s also the matter of Meta’s dismal approach to customer service. Last month, a woman named Tova Ridgway in Northern California, was so desperate to regain access to her hacked Facebook account that she drove to Meta’s headquarters. "They're like, 'I'm sorry, I can't do anything about this,” she told a local ABC affiliate. “Are you telling me you don't have anyone working for hacked pages?”“This happens every day,” a Facebook representative told her. “No, I'm sorry, there isn't.’”Ridgway found a solution through Meta Verified, a $15 a month subscription, something that did not work for Trisha. While that might work for some, it is an unjustified cost for users whose accounts were compromised due to Meta’s security flaws. Zuckerberg himself said in a blog post it would be too expensive for the company to recover and restore all hacked accounts. For a company that reported $39 billion in net profit last year, that justification rings hollow.Meta could and should be doing more to protect its users. The simplest solution for Trisha is restoring her Facebook account before it’s permanently deleted. But this goes far beyond her case. Tens of thousands of users like her—some of whom have lost years of business contacts, personal photos, and memories—are suffering because of Meta’s failure to address a critical security flaw.The most important step is for Meta to patch the security vulnerability that allows cybercriminals to manipulate Instagram accounts and cause collateral damage to Facebook users. Until that happens, it’s clear that Meta’s dismissive response to the growing problem of hacked accounts is not only inadequate but arrogant. That is never good for business in the long run. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit www.justthefacts.media

The World Bank somehow lost track of upwards of $41 billion to fight climate change, about 40% of all its climate funding over the past seven years. The stunning disclosure was made public last week following an audit by Oxfam, the left-leaning British NGO focused on fighting worldwide poverty.The amount of missing money “could be twice or 10 times more,” according to a World Bank insider who asked for anonymity.Oxfam’s bombshell report outlined what might ultimately be an enormous public sector financial scandal. For those of you not familiar with the World Bank, it describes itself as “international development organization owned by 187 countries…that help developing nations advance their economies.” Five countries — the U.S., U.K., France, Germany, and Japan - are the bank’s major shareholders. Because the U.S. gives so much money to the World Bank, it is the only country that has a veto power on how it is run. The World Bank, with about $320 billion in capital, is supposed to distribute money to developing countries through low cost or zero-interest loans, grants, equity investments, and guarantees. The World Bank introduced a Climate Change Action Plan in 2016 at the direction of the U.S. and European countries that urged it to make fighting climate change an equal goal with eradicating poverty. The Bank revised its mission statement to “end extreme poverty and boost shared prosperity on a livable planet.” By 2023, 41% of all the Bank’s financing to developing nations was directed to climate projects. Oxfam raised red flags — what it called “serious concerns” — that something was wrong when they began their audit of the Bank’s climate spending. It reviewed 181 climate projects the Bank had funded since 2017. “We had to sift through layers of complex and incomplete reports, and even then, the data was full of gaps and inconsistencies,” reported Kate Donald, the chief of Oxfam’s Washington D.C. office. “The fact that this information is so hard to access and understand is alarming —it shouldn’t take a team of professional researchers to figure out how billions of dollars meant for climate action are being spent.”The Bank could not account for somewhere between $24 billion and $41 billion in climate funds from the time they approved a project and the work was supposed to be completed. The World Bank did not know how the money it provided was used, not even if it was spent on the climate-initiatives for which it was earmarked. The Bank has “no single reliable source of data and information on [its] expenditures.” The lack of transparency, according to Oxfam, means “that it is impossible to verify the numbers that the Bank has reported as climate finance…”“All the figures are routinely made up,” a World Bank insider told the New York Post. “Nobody has a clue about who spends what.”Is the money missing because it was simply not accounted for by the countries that received it or did some of those tens of billions disappear into graft and corruption? That is impossible to determine because the World Bank is self-policing and not very forthcoming. Its Financial Integrity Unit is supposed to help developing nations build cases to pursue the illegal diversion of funds. And the Bank’s Office of Suspension and Disbarment (OSD) handles reports of fraud and corruption. The OSD refused my request to confirm or deny whether any of the unaccounted climate funds were the subject of an ongoing investigation.A private attorney in practice in Washington D.C., and who has helped NGO’s submit proposals for funding to the Bank, told me that, “It is a private fiefdom. They are not accustomed to much oversight.”If you have not heard about this story before this Just the Facts, that is not surprising. Although the Oxfam report was covered in the financial press by Bloomberg and Barrons, the leading MSM outlets, including the New York Times, Washington Post, and NPR, did not report on it. Nothing.Maybe that was because it was a money scandal involving climate change and the editors there thought that somehow sullied the underlying cause? I can’t figure out what today’s MSM editors consider newsworthy, but it is hard to imagine why they would not at least give some coverage to such a big story. Billions in missing taxpayer funds at a storied international institution should be front page news. Without widespread press coverage, the World Bank may never feel enough pressure to come clean with what really happened to all that money. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit www.justthefacts.media

A whistleblower leaked to The Free Press an audio tape of a CBS news editorial meeting on Monday, October 7, in which senior executive Adrienne Roark admonished the CBS Mornings cohost, Tony Dokoupil, for his interview the previous week with author Ta-Nehisi Coates about his just published book, The Message.This episode should send shivers down the spine of every serious journalist. As Bari Weiss called it in comments on The Free Press Live, “The actual complaint is that Tony Dokoupil committed the sin of doing real journalism on morning TV.”The background is simple enough.Ta-Nehisi Coates is a greatly celebrated author. He spent a decade at The Atlantic, where he wrote extensively about African Americans and white supremacy. A MacArthur Foundation “Genius Grant” Fellow, Coates has won more than dozen of journalism’s top prizes, including National Magazine and George Polk awards, and a National Book Award for his second book, the 2015 Between the World and Me. It was a NY Times bestseller for two years. Over the past few years, Coates had focused on Hollywood, writing the sixth volume of Marvel Comics’ Black Panther series, landed an Oprah Winfrey-HBO series about Martin Luther King, Jr., and the Civil Rights Movement, and was hired to write the next Superman script for Warner Brothers/DC Films.Coleman Hughes, an American writer and former Manhattan Institute Fellow, wrote in a Free Press review of The Message that “Ta-Nehisi Coates is one of those journalists treated by the left-of-center establishment more like a prophet than a writer. . . .And when Coates publishes a book, it’s an event.”Little wonder that Penguin Random House has set a massive media rollout for Coates’s The Message. It is four interweaving essays about Coates’s observations and conclusions from his visits to Dakar, Senegal; Columbia, South Carolina, and the West Bank and East Jerusalem. New York magazine in a profile last month said The Message “lays forth the case that the Israeli occupation is a moral crime, one that has been all but covered up by the West.” Coates told the magazine that, “I don’t think I ever, in my life, felt the glare of racism burn stronger and more intense than in Israel.” It was “horseshit” he told the magazine that the conflict between Israel and its Arab neighbors was “complicated.” For Coates, the situation in the Middle East is analogous to slavery and segregation. “It’s complicated,” he said, “when you want to take something from somebody.”In fact, Coates new book has been described by critics as “a one-sided polemic against Israel,” “flawed and ill-informed,” and “the crudest version of identity politics in which everything [is]… reduced to a childlike story in which the ‘victims’ can do no wrong (and have no agency) and the ‘villains’ can do no right (and are all-powerful).”The Message omits in its 260-pages that Israel is surrounded by countries that have launched four wars to annihilate it. He does not discuss that Israel must contend with Iran-backed terror groups dedicated to wiping out the Jewish state.As Coleman Hughes notes in his eviscerating review of The Message, Coates “doesn’t even mention the word Hamas—or Fatah, or Palestinian Islamic Jihad, or Hezbollah, or Iran—once. In his telling, the threats don’t exist, only the barriers that Israel erects to contain them.”“That’s like writing a book about the Civil War without mentioning slavery,” notes Free Press founder, Bari Weiss. “I mean, there's so much missing information, it's more like a lie.”This was the backdrop to a September 29 interview on CBS Mornings. Tony Dokoupil, a veteran news reporter who is one of the show’s anchors, did exactly what any decent journalist would do: politely but firmly push back against Coates’s one-sided narrative.“Why does Ta-Nehisi Coates, who I've known for a long time, read his work for a long time, very talented, smart guy, leave out so much,” asked Dekoupil.“Why leave out that Israel is surrounded by countries that want to eliminate it? Why leave out that Israel deals with terror groups that want to eliminate it? Why not detail anything of the First and the Second Intifada, the cafe bombings, the bus bombings, the little kids blown to bits? And is it because you just don't believe that Israel, in any condition, has a right to exist?”At another point in the seven-minute interview, Dokoupil said, “Imagine if I took your name out of it, took away the awards and the acclaim, took the cover off the book the publishing house goes away, the content of that section would not be out of place in the backpack of an extremist.”Coates later told Democracy Now, “I don't really have a problem with a tough interview. You know, I knew what I wrote. You know, I knew I'd be confronted. I know. Was he rude? Was he aggressive? You know, I like, I can't really get into that. Like, it's not really something that I think too much about. The question I would ask, though, is, how often on CBS, on NBC, on ABC or any major news organization, do you see someone who is a defender of the Israeli state project get confronted in that kind of way?”Social media blew up. Self-appointed woke influencers complained that Dokoupil was “too tough” and “biased.” Racism was the only narrative by which some could see a white interviewer grilling an African American writer about Israel and Palestine. Others complained that Dokoupil was biased since he has two children from his first marriage living in Israel.No one seemed to take notice that what Dokoupil did with his questioning is what is supposed to happen during any decent news interview. When I have published some of my books with controversial findings — Oswald alone killed JFK or that some Saudi royals had advance notice of 9/11 or that the Vatican profited from the Nazi death camps during World War II — interviewers often vigorously pressed me to see how I defended my findings. I never objected. It is what good reporters are obligated to do.This would have been a nothing-story if the complainers remained confined to social media. But the much more problematic response was that inside CBS News the madness played out. Some CBS news staffers claimed they were “traumatized” and complained to senior news executives continuously for a week.On October 7, by chance the anniversary of the Hamas terror attack that killed 1,200 Israelis, CBS held an editorial meeting in which the news division’s senior executives disavowed the interview and Dokoupil was eviscerated in front of his colleagues.It was an audio of that internal CBS meeting that a whistleblower sent later that morning to The Free Press.“I want to be clear,” said Adrienne Roark, in charge of all the network’s news gathering, “we will still ask tough questions. We will still hold people accountable. That's part of our job, too, but we will do so objective, and that means very plainly, we have to check our bias and opinions at the door, and that applies to every single point. After a review of our coverage, including the interview, it's clear there are times we have not met our editorial standards.”Roark went on: “There are times we fail our audiences and each other. We’re in one of those times right now, and it’s been growing. And we’re at a tipping point. Many of you have reached out to express concerns about recent reporting. Specifically, about the CBS Mornings Coates interview last week as well as comments made coming out of some of our correspondents’ reporting. I want to acknowledge and apologize that it’s taken this long to have this conversation.”Only one journalist at the editorial meeting refused to swallow the woke Kool-Aid. Jan Crawford, the network’s veteran chief legal correspondent, pushed back. “It sounds like we are calling out one of our anchors in a somewhat public setting on this call for failing to meet editorial standards for, I’m not even sure what. I thought our commitment was to truth. And when someone comes on our air with a one-sided account of a very complex situation, as Coates himself acknowledges that he has, it’s my understanding that as journalists we are obligated to challenge that worldview so that our viewers can have that access to the truth or a fuller account, a more balanced account. And, to me, that is what Tony did.“Tony prevented a one-sided account from being broadcast on our network that was completely devoid of history or facts. As someone who does a lot of interviews, I’m not sure now how to proceed in challenging viewpoints that are obviously one-sided and devoid of facts and history.”The audio of the editorial meeting makes it clear that Crawford was alone in her defense of Dokoupil. The consensus from the CBS News brass was that Dokoupil’s interview had crossed some ambiguous editorial standard.Once The Free Press broke the story about CBS scolding one of its anchors for the respectful but probing questioning of Coates, it went viral in the mainstream news. Was the Dokoupil interview too tough?” asked the Associated Press. The Washington Post judged the interview “unusually tense and substantive.”“I don’t think you understand the shockwave that interview created,” said talk show host, Trevor Noah, “not because of what you said but because of the way people felt like you were treated.”What happened next is what is to be expected. The next day, at “an emotional meeting” led by CBS Mornings executive producer, Shawna Thomas, Tony Dokoupil expressed his “regret” at having upset his colleagues. Some at the meeting were in tears, they were so distressed at what they considered his harsh questioning of Coates.The pushback from CBS staffers was so great that the network hired Dr. Donald Grant, a self-described “mental health expert, DEI strategist and trauma trainer” to counsel those who felt traumatized by what had happened. After word of that leaked, CBS cancelled Grant’s appearance at the Tuesday meeting but has not said when he will mediate the tension inside the network’s news division.“How does a DEI consultant actually add to this particular conversation?,” John Ziegler, a conservative commentator, asked the News Nation’s Dan Abrams. “Well, I actually think that the DEI aspect of this may tell the real story of what's going on here, because we live in a media world now where DEI is everything, even when it shouldn't matter to the actual subject. You showed a clip, there were four people on that set. One was a straight white male, the other three happened to be people of color. If Gayle King had asked the exact same questions that Tony did, we would not be having this conversation. This would not be a controversy, because Gayle King is a black female and also happens to be friends with Oprah. She has all sorts of PC protection. No one's going to go after her on DEI grounds. And so, I think Tony's race is an important element of this.”Bari Weiss thinks it is less about race and more about the subject matter.“And the thing is, at CBS,” said Weiss yesterday, “when they have, I don't know, a Republican, on when they have someone who you know is a vociferous advocate for the Second Amendment, on when they have any number of people on you would expect CBS to do its job. Would challenge that person, yes. So why in this case was it unacceptable? . . . . the reason that this is a sin in this case, is because of the subject, which is Israel.”“Can you imagine, on the first anniversary of 9/11 if something like this had occurred,” asks Ziegler, “where there was an author who was pro-Taliban and was gently chided on national television, and somehow the anchor, the person who asked them legitimate questions got basically destroyed in front of their own coworkers in a ridiculous meeting. That would be unfathomable, but that's how much journalism has degraded over the last 20 years or so.”Whether it is DEI or the subject of Israel that has caused CBS News to admonish one of its anchors for doing his job, there is no doubt about the message it sends to young journalists at CBS and other mainstream news outlets:“Think about a 26-year-old that works there that wants to become one of the anchors, says Weiss. “What message does it send to them? What kind of chilling atmosphere does it create?”CBS is punishing Dokoupil for the unwritten crime of journalism that violates the sanctioned coverage permitted by the network’s woke overlords. It is simply the latest in a long line of infuriating and depressing examples of how the mainstream press has become hostage to political correctness and in the process, has gutted its ability to fairly and fully report the news. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit www.justthefacts.media

It did not take very long for conspiracy theories to start about why Trump had a bad debate night. One pro-Trump Twitter account with half a million followers posted last night, “It appears Kamala Harris was being coached by using earphones embedded in her earrings during the ABC presidential debate against President Trump.” Another pro-Trump X account posted that claim while the debate was underway and got over 5 million views.I know crazy debate conspiracy theories when I see one. In 1996 I wrote a biography of independent presidential candidate Ross Perot. He told me that he thought when he debated Vice-President Al Gore about the North American Free Trade Agreement, that Gore was fed good answers through a secret earpiece. That showed me that Perot was someone who would never admit that he had lost a one-on-one debate. He had to spin a wild story to explain why his opponent was better. Sound familiar?I am nonpartisan as a journalist. As a registered Independent I try to call balls and strikes as I see them. That means I make people angry on both sides of the political aisle at different times. I’m also a high school and university national debating champion, winner of the Meiklejohn medal while at U.C. Berkeley. What makes a good debater? In school, we had a single topic for the entire year. We did not know until immediately before each debate about which side of the issue we would argue. Being a great debater required the ability to argue both sides of controversial topics with passion, knowledge and conviction. As a society, we have mostly lost the ability to even understand why someone holds a belief contrary to our own, much less have the capability to argue their case.Can you imagine anti-Israel college demonstrators taking the stage to be advocates for Zionism? Or someone arguing as effectively both for and against abortion rights?That is, however, what debate is about.Sure, the ABC moderators could have asked tougher questions of Harris, had more follow-up to her generalities or misstatements, and pressed her more on why she and others in the administration kept telling the public that Biden was sharp as a tack in private when they knew he was not fit to run for another four years. But it is not up to the moderators to do that. Blaming the moderators for a poor performance is like a sports team losing the game and blaming the refs while refusing to admit they got beat by a better team that day. No one likes a sore loser.I have had debates in which I thought the moderator was tipping the scales in favor of my opponent. It just meant I had the responsibility for highlighting inequities in the questioning and then going on the offensive to make my points.Last night’s debate was a classic showcase of what to do and most of all what not to do.While presidential debates are not real debates, there are still basic strategies that are good no matter what the topic. Staying on message is key. I always tried to get the other debater to talk about my issues, put them on the defensive, and get under their skin. A good debater has not only studied up on all the details and nuances of a topic but is quick on their feet to adapt to unexpected questions while staying disciplined and on message.What I saw last night with Trump was someone who ignores his advisers. They must have repeatedly told him during preparation not to go off topic to talk about whether he thinks the last election was stolen or defend the size and enthusiasm of the crowds at his rallies. But there he was, doing exactly that. How did Trump get into talking about the Central Park Five, a 1989 rape of a woman in Central Park in which five Black and Latino teens were wrongfully convicted? Because Harris mentioned it and Trump, being Trump, started talking about it. He was reactive time and again, a sure way to lose control of the debate and allow an opponent to drive their issues.Last night, Harris did just about everything she needed to, without any major hiccup. She talked about the issues she wanted, put Trump on the defensive, rattled him at times, and balanced her performance by focusing on the future while mixing in an occasional dose of outrage and indignation.Trump, on the other hand, missed opportunity after opportunity to engage in a real debate instead of simply repeating canned campaign lines. It made him look like the candidate from yesterday while it allowed Harris to portray herself as the one with fresh ideas for the future. It is not easy for an incumbent to become the change candidate, but Trump allowed her to do that repeatedly. He could have pressed her for details on the many plans she said she had. But he not only failed to do that, but he backed off when discussing health care from having his own plan to talking only about “concepts of a plan.”  Want evidence that the Harris team was elated at her performance? They put out the word immediately afterwards that she was open to another debate. My simple advice for Trump if there is another round? Discipline and focus. It is the only way he will leave a debate stage without later looking to put blame on the moderators for not doing what he should have done. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit www.justthefacts.media

The Washington Post published an article today by Kyle Melnick about Trump’s promise to release all the JFK assassination files and what those documents might disclose. It is thorough old-fashioned journalism, one of most balanced and informative pieces about the JFK files from a mainstream outlet this year.Melnick sets out the facts and includes interviews with me and Jefferson Morley, the editor of JFK Facts. The article shows where Morley and I agree: the full release of the files is long overdue. It also highlights were we disagree: I think the remaining files might show the CIA failed to share all its information on Oswald’s trip to Mexico City with the FBI, while Morley believes the files might show that some Kennedy opponents in the CIA worked with Oswald.Morley says freeing the files is “not about a smoking gun” while I content that even if the documents do not any provide “any evidence of a conspiracy in the case, people believing in a conspiracy will say, ‘Well, see, there you go. They destroyed the real documents.”A CIA spokesman at the close of the article says the “CIA believes all substantive information known to be directly related to Oswald has been released.” (I will have a separate comment this coming week about the significant shortcomings in that statement).The Washington Post article is responsible journalism. That, of course, means it is unlikely to go viral or bring in lots of clicks. No problem.The Daily Mail tabloid knows how to juice a story. They recast Melnick’s sober reporting into a front-page banner headline: “JFK BOMBSHELL.”The Mail focuses on Morley’s statements that CIA employees did not believe Oswald acted alone and that a counterintelligence official may have tried to “wait out” the Warren Commission by denying it information.None of that is surprising. There were plenty of government officials who thought Oswald was the assassin but suspected he might have done it as part of a conspiracy. LBJ shared the same belief as some in the CIA that Castro and Cuba had a hand in it. The problem was that there was no solid evidence to back up their hunches. And there is also no surprise that a CIA official denied information to the Warren Commission. I write in Case Closed about how the CIA hid from the Warren Commission, among other matters, that it was working with top mafia bosses to assassinate Fidel Castro.Melnick quoted me in the Washington Post saying, “Some of the biggest headlines that have been pulled from the JFK files the last four or five years are what I call tabloid stories about stories that were actually old.”The Daily Mail again proves my point.Tabloids measure success in clicks.  A clickbait headline might be a hit by their metrics. The only casualty is the truth. Little wonder so many people - who check the headlines and do not read the articles - believe there is something explosive still in the JFK files. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit www.justthefacts.media