THE MOST IMPORTANT NEWS

The most important news for Monday, May 31st, 2010....

Transocean, the firm hired by BP to operate the Deepwater Horizon offshore drilling rig, has just announced that it will distribute $1 billion in dividends to shareholders even as oil continues to pour into the Gulf of Mexico.

Transocean has also announced that it will make a $270 million profit on the insurance policy for the rig.

BP managing director Robert Dudley now says that it is possible that the oil flow will not completely stop until sometime in August when the relief wells are ready.

Is the dispersal agent that BP is using in the Gulf going to end up being worse for the environment than the oil spill is?

There are reports that whenever the wind blows towards the shore along the Gulf of Mexico, it is causing severe headaches, nausea, respiratory problems, burning eyes and sore throats.

One prominent energy expert is raising eyebrows by saying that nuking the oil leak is the "only thing we can do".

Scientists are warning that the oil spill is creating massive undersea "dead zones" in the Gulf of Mexico.

It is being reported that three German-built Israeli submarines equipped with nuclear cruise missiles will soon be deployed near the Iranian coastline.

There are new reports that Hezbollah is running weapons, including surface-to-surface missiles, from secret arms depots in Syria to its bases in Lebanon.

The Washington Post says that the U.S. military is reviewing options for a large military strike in Pakistan in the event that a successful attack on American soil is traced to the country's tribal areas.

A major U.K. newspaper is reporting that the U.S. has authorized a sweeping expansion of covert military operations in the Middle East and Africa, aimed at destroying terrorist networks in the region, and preparing the ground ahead of any presidential decision to attack Iran.

A leaked UN report says that North Korea is using front companies to export nuclear and missile technology to Iran, Syria and Burma.

Former Prime Minister Edward Seaga fears that Jamaica could fall under indefinite martial law in the aftermath of a week of violence during which, he says, soldiers and police indiscriminately killed dozens of innocent people.

According to a new poll, 46% of Americans say they're suffering from debt-related stress, and half of that group described their stress as "great deal" or "quite a bit".

France admitted on Sunday that keeping its top-notch credit rating would be "a stretch" without some tough budget decisions.

The Greek government has been advised by a group of British economists to leave the euro and default on its debt in order to save its economy.

Economist Michel Chossudovsky says that the worst of the global crisis is yet to come and all the measures taken to stop it are actually hurting the economy.

It turns out that the euro has not been the great economic success that so many European leaders once promised that it would be.

Is the euro crisis setting the stage for a one world currency?

For an inside look at how the "financial reform" bill got terribly watered down, check out this excellent article: "Wall Street's War"

It appears that the U.S. Census Bureau has been playing all kinds of games with numbers.

Tired of Detroit's status as the symbol of everything wrong with urban America, its new mayor has come up with a radical solution: bulldoze large sections of the city.

A Michigan lawmaker has introduced a bill that would license reporters to ensure they’re credible and vet them for "good moral character".  

A man walked into a North Carolina Target store on Sunday and shot an employee he had had a previous relationship with before turning the gun on himself.

The policy director at a George Soros-funded, Marxist-founded organization calling itself Free Press has just taken a key State Department position.

Donald Berwick, Barack Obama's nominee to head the Centers for Medicare and Medicaid Services, recently made the following very chilling statement about health care: "The decision is not whether or not we will ration care – the decision is whether we will ration with our eyes open."

A group of worried scientists from the University of California at San Francisco has called upon the White House to take a closer look at the new full body airport security scanners.

It turns out that the VA actually has a policy to give bonuses for denied claims.

Armed Mexican pirates are terrorizing U.S. citizens on Falcon Lake in Zapata County, Texas.

Visits to many emergency rooms throughout the United States can now take many hours due to the illegal aliens waiting in line for "free" health care.

It has been announced that Monsanto will be dumping 60,000 seed sacks of hybrid corn seeds and vegetable seeds on Haiti.

The U.S. Department of Homeland Security is seeking to deport the "Son of Hamas" who recently made headlines all over the U.S. with the story of how he turned away from terrorism and to the Christian faith.

According to a new poll, Americans are increasingly becoming more tolerant of genetic engineering and embryonic stem cell research.

Genetic scientists from Ruhr-Universitaet-Bochum Germany have spliced a gene for a protein that activates under light into cells in the olfactory system of fruit flies.  The results of this experiment were quite bizarre.

A Family Research Council analysis of publicly available documents reveals that there is already a very serious problem with homosexual misconduct in the military.

U.K. Treasury Chief Secretary David Laws is fighting to avoid becoming the coalition government's first casualty after it was revealed that he funnelled £40,000 of taxpayer money to his secret gay lover.

The Baptist General Convention of Texas voted this week to distance itself from a North Dallas congregation over its acceptance of gay deacons.

The Food and Drug Administration has launched the process to lift the 27-year-old ban that prevents homosexuals from donating blood.

After centuries of being kept under lock and key, the Vatican has started opening its secret archives to outsiders in a bid to dispel the myths and mystique created by works of fiction such as Dan Brown's Angels and Demons.

Could the city of Oakland soon could become the first U.S. city to sanction and tax commercial pot growing operations.

Thousands of people have been forced to flee their homes as volcanoes have erupted in Guatemala and Ecuador.

Lastly, officials at NASA report that an unknown object approaching the Earth from deep space is almost certainly artificial in origin rather than being an asteroid.

The most important news for Friday, May 28th, 2010....

According to new government estimates, the Gulf of Mexico oil spill has easily eclipsed the Exxon Valdez disaster as the biggest oil spill in U.S. history.

BP's attempt to cap its undersea gusher in the Gulf of Mexico, a spill now estimated at twice the size of the Exxon Valdez disaster, was suspended for more than 16 hours before it was restarted late Thursday afternoon.

BP's oil spill is creating a complete and total underwater nightmare.

Is there another much larger leak "5 or 6 miles away" from the current oil leak that everyone has been watching in the Gulf of Mexico?

A dire report prepared for Russian President Medvedev by Russia’s Ministry of Natural Resources is warning that the BP oil and gas leak in the Gulf of Mexico is about to become the worst environmental catastrophe in all of human history threatening the entire eastern half of the North American continent with "total destruction".

According to North Korean state-run media, North Korea reacted to a South Korean anti-submarine exercise on Thursday by saying it would meet "confrontation with confrontation" and war with "all-out war".

North Korea has also announced that it will scrap an agreement aimed at preventing accidental naval clashes with South Korea.

According to an internal Department of Homeland Security report, the number of attempted terror attacks against the U.S. over the past nine months has surpassed the number of attempts during any previous one year period.

The U.S. House and a Senate committee approved amendments to a military bill on Thursday that would repeal the "don't ask, don't tell" policy barring openly gay and lesbian soldiers from military service.

New information obtained by a member of Congress indicates that the Obama administration has spent $10 million illegally promoting a pro-abortion constitution in Kenya.

Israel is facing unprecedented pressure to abandon its official policy of "ambiguity" on its possession of nuclear weapons.

The M3 money supply in the United States is contracting at an accelerating rate that now matches the average decline seen from 1929 to 1933, despite near zero interest rates and the biggest fiscal blitz in history.

According to a report from the Wall Street Journal, Bank of America and Citigroup incorrectly accounted for billions of dollars in debt over the past three years.

It is being reported that prices at which the Greek Central Bank is selling one ounce gold equivalents are as high as $1,700, and prices on the black market are even higher.

The number of food stamp recipients has more than doubled since 2000, and the cost of the program has more than tripled.

Many 2010 college graduates are finding that there simply aren't any good jobs available for them.

Senior congressional Democrats and the Obama administration are scrambling to line up support for $23 billion in federal aid to avert an estimated 100,000 or more teacher layoffs in a brutal year for education budgets coast to coast.

A court in the U.K. has ruled that a cancer sufferer is to be forced to have "life-saving treatment" against her wishes.

Researchers have found that playing video games before bedtime may give people an unusual level of awareness and control in their dreams.

Strikes across France have delayed flights, closed schools and frustrated commuters as workers protest government plans to raise the retirement age past 60.

The State Department says that the troops being sent to the Mexican border will not be used to stop illegal immigration.

In Pakistan, Islamists armed with pistols and rifles waited for two Christian couples to return to their rented home this week, seeking to kill them after the newlyweds complained to police that the radical Muslims had falsely accused them of desecrating the Quran.

A plague of rats has gobbled up vast swathes of grasslands in north China.

Scientists have identified four new strains of the Ug99 wheat-killing fungus that could endanger the global food supply.

Scientists are warning that a second, much larger volcano in Iceland is showing signs that it may be about to erupt.

A tsunami warning was canceled Friday for Vanuatu, the Solomon Islands and New Caledonia in the Pacific Ocean after the threat from a 7.2-magnitude earthquake had passed.

Lastly, for something completely different, check out this video of a bear at a Japanese zoo twirling a branch as if the bear was a Kung Fu master.

The most important news for Thursday, May 27th, 2010....

According to a new poll, 53% of Americans give Barack Obama a poor rating for his handling of the BP oil spill.

An irate Jim Carville is begging Barack Obama to "get down here and take control".

In fact, many are now asking why the U.S. government has done so little to stop the flow of oil in the Gulf of Mexico.

Federal regulators have caved in to pressure from BP to allow it to continue to use a toxic dispersant in the Gulf of Mexico.

The National News Agency has reported that the Lebanese Armed Forces fired anti-aircraft artillery from the town of Shebaa in South Lebanon at Israeli warplanes flying over Lebanese territory around 11:30 a.m. on Wednesday.

Egyptian military forces on Sunday concluded maneuvers in the Sinai Peninsula that simulated an invasion of southern Israel.

A top IDF Home Front Command officer warned on Tuesday that Israel is not sufficiently prepared for a chemical missile attack.

According to a new report, Syria has approximately 1,000 ballistic missiles zeroed in on Israeli targets.

It is being reported that the Obama administration's plan for Israel includes stationing international troops along Israel's border with a future Palestinian state.

U.N. officials say that there is no "Plan B" if a two-state peace solution fails in the Middle East.

South Korea says that the locations of four North Korean 300-ton-class submarines have been unknown for two days.

Russia has sent some of its mightiest warships for "drills" off the Korean coast.

China says that it wants to avoid a conflict on the Korean peninsula, and is concerned that taking South Korea’s side may provoke North Korea into further escalations and even lead to war.

Are there signs that the government of North Korea is on the verge of collapse?

In unusually strong criticism of Russia, Iranian President Mahmoud Ahmadinejad recently admonished the Kremlin for bowing to what he said was U.S. pressure to agree to new sanctions and bluntly warned President Dmitry Medvedev to be more cautious.

It is being reported that teams of American special forces have been authorized to conduct spying missions intended to pave the way for a military strike on Iran in case Barack Obama orders one.

Jamaica declared a state of emergency in two parishes of its capital Kingston after a series of shooting and firebomb attacks on police stations by suspected supporters of an alleged drug lord who faces extradition to the United States.

A German newspaper claims to have acquired a copy of the eurozone Greek bailout agreement - and the details they are reporting are quite stunning.

The Italian government has approved austerity measures worth 24 billion euros for the years 2011-2012.

Moody's says that the U.S. government's AAA bond rating will come under pressure in the future unless additional measures are taken to reduce projected record budget deficits.

As the national debt clock ticked past the $13 trillion mark overnight, Congress pressed to pass a host of supplemental spending bills to, among other things, fund the continuing wars in Afghanistan and Iraq, ramp up security on the U.S.-Mexico border and prevent teacher layoffs.

Max Keiser says that big banks are regularly allocating losing trades to clients and are keeping winning trades for themselves.

A number of leading economists are warning that a "double dip recession" is almost a total certainty.

Financial authorities says that the global credit system is flashing the most serious warning signals in almost a year.

U.S. economist Peter Morici is warning that the debt crisis undermining the euro will likely cross the Atlantic Ocean and hit the United States.

Real estate experts see significant underlying weakness in the U.S. housing market.

According to a study by Real Capital Analytics, the default rate for commercial mortgages held by banks in the first quarter hit its highest level since at least 1992 and is expected to surpass that by year-end and peak in 2011.

On Wednesday, Apple's market capitalization edged past its longtime rival's as investors made official what consumers have long suggested: Microsoft is no longer the industry's alpha dog.

The Rothschild banking family is pushing for the privatization of the U.K.’s motorway network that would force Brits, who already pay very high road tax, to enrich the coffers of private corporations.

Barack Obama says that he is adding "homegrown terrorists" to the administration's top national security priorities.

The mainstream media is trying very hard to portray Rand Paul as a racist.

A new poll shows that the more Americans learn about Elena Kagan the more they don't want her to be on the Supreme Court.

The Oklahoma Legislature has overridden the governor's veto of an abortion bill that would require women and doctors to complete questionnaires before the procedure could be done.

During a recent speech, Joe Biden declared that Brussels can now lay claim to the title "capital of the free world".

According to a new poll, seven in ten Americans are dissatisfied with the way things are going in Washington, including 22 percent who say they are "angry" about the situation.

A spokeswoman for Wal-Mart says that alfalfa sprouts recalled because of salmonella poisoning were originally sold to more than 400 Wal-Mart stores in 15 states.

In Egypt, this is how Muslims are being instructed to deal with Christians: "Do not shake their hands. Do not go into their homes. Do not eat their food."

After hours of contentious public comment, a New York City community board has voted to support a plan to build a mosque and Muslim cultural center near ground zero.

American forces in Afghanistan have surpassed those in Iraq for the first time since Saddam Hussein was ousted.

One U.S. teacher recently allowed members of her class to dress up as the Ku Klux Klan for a school project.

If you constantly notice long white lines in your sky that stay up there for hours, then you might want to watch this video.

Now that scientists have "created" synthetic life, could there be some unintended consequences?

One team of scientists believe that they have found a protein that can significantly slow the aging process.

Physicians at Washington University School of Medicine in St. Louis have found dangerous lung worms in a number of people who eat raw crayfish.

A British scientist claims to be the first human to have been infected with a computer virus after he contaminated an electronic chip which was inserted into his hand.

Costa Rica's Arenal volcano erupted on Monday, spewing geysers of lava, ash and toxic gases from its crater and forcing the evacuation of the national park where it is located.

Iceland's Katla volcano is showing signs of increased activity.

It is being reported that earthquakes are up 151 percent in 2010.

Archaeologists have unearthed a labyrinth containing 57 Egyptian tombs that had been hidden under the ground for thousands of years.

Lastly, Israeli officials say that the Sea of Galilee is actually in danger of running out of fish.

The most important news for Wednesday, May 26th, 2010....

Kim Jong-Il has put North Korean troops on combat alert and is threatening military action if the South trespasses in its waters.

North Korea has announced that it will sever all ties with South Korea and expel the South’s workers from a joint industrial zone as "punishment" for accusing it of sinking a warship and killing 46 South Korean sailors.

Oil from the Gulf of Mexico spill has already managed to seep past blockades into areas with vulnerable wildlife, such as the Pass-a-Loutre Wildlife Management Area at the mouth of the Mississippi river.

Things in the Gulf of Mexico look even worse when you look under the surface of the water.

As oil continues to spew into the Gulf, anger on shore is growing rapidly.

More than 300 sea birds, the bulk of them brown pelicans and northern gannets, have been found dead along the U.S. Gulf Coast during the first five weeks of BP's huge oil spill.

The New York Times is reporting that the top American commander in the Middle East has ordered a broad expansion of clandestine military activity in an effort to disrupt militant groups or counter threats in Iran, Saudi Arabia, Somalia and other countries in the region.

A battery of Patriot missiles has arrived in Poland, along with dozens of American soldiers who will spend the next two years teaching the Polish military to operate the advanced guided-missile system at a base just a few miles from the Russian border.

Defense experts are warning of a new danger of ballistic weapons proliferation now that a Russian company is starting to market a cruise missile that can be launched from a shipping container.

An umbrella organization in Pakistan that includes more that two dozen fundamentalist Islamic groups plans to formally ask the United Nations to enact a global law against blasphemy that would include the death penalty for anyone who blasphemes the Prophet Muhammad.

Dr. Jerome Corsi is warning that if Barack Obama repeals the Bush tax cuts and imposes a 20 percent value added tax on the U.S., Americans may be facing tax rates where more than half of everything earned is confiscated by the federal government in the form of income taxes.

Barack Obama's approval rating has hit a stunning new low.

A USA Today analysis of government data has found that paychecks from private business shrank to their smallest share of personal income in U.S. history during the first quarter of 2010.  During the same time period, payment of government benefits (Social Security, Medicare, unemployment insurance, food stamps, etc.) rose to a record high.

The bottom 40 percent of income earners in the United States now collectively own less than 1 percent of America's wealth.

As the economic crisis in Europe continues to get worse, many are now openly wondering whether or not the euro will be able to survive.

Is the European economic crisis exposing fundamental flaws in the way that the euro was created in the first place?

Markets all over the globe seem to be absolutely paralyzed by fear of what is happening in Europe.

The IMF is pressuring Spain to adopt even stricter austerity measures.

The U.S. Justice Department has announced that the criminal probe of AIG is being ended.

Three out of four U.S. city officials report that overall economic and fiscal conditions have worsened over the past year.

Senate Democrats have passed a financial regulatory bill that allows the government to collect data on any person operating in financial markets at any level, including the collection of personal transaction records from local banks that list customers’ addresses and ATM receipts.

At least 29 people, most of them civilians, have been killed in Jamaica's capital amid an all-out police assault on a suspected drug lord's stronghold.

Airline passengers who get frustrated and kick a wall, throw a suitcase or make a pithy comment to a screener could find themselves in a little-known Homeland Security database.

There are unconfirmed reports that U.S. Postal Service facilities across the country are expanding the construction of secretive criminal investigation rooms, which some fear will be used to detain American citizens in the event of a national emergency, bioterror attack or pandemic.

A top British general says that he is "absolutely horrified" to see the number of injuries sustained by a civilian victim of torture in U.K.-run prisons in Iraq.

A U.S. soldier is under investigation for posting a "disgraceful" video on his Facebook page, taunting Iraqi children by asking if they are gay, engage in sex acts and if they would grow up to be terrorists.

Two former CIA officials have admitted to creating a fake video in which intelligence officers dressed up as Osama Bin Laden and his cronies in an effort to defame the terrorist leader throughout the Middle East.

An Arizona sheriff is calling on Mexican officials to apologize for what he says is a "threatening" advertisement. The ad shows a man wearing camouflage looking through binoculars with the words: "In Sonora we are looking for people from Arizona."

The Food and Drug Administration is looking into reports of at least 30 drug-related deaths, nearly all of which were found to not be tied to a recall of Tylenol, Motrin and Benadryl drugs from January 1, 2008 through April 30, 2010.

A new study has shown that a "highly toxic" chemical in the glue on supermarket labels can seep through packaging and contaminate food.

The U.K.’s Motor Neurone Disease Association has announced it will donate £800,000 to fund human/animal "hybrid embryo" cloning research by the same Edinburgh University team that created "Dolly" the cloned sheep.

Belief in man-made climate change is absolutely collapsing in the U.K. and in Germany.

Children in the U.K. as young as 11 are being asked to debate myths surrounding rape.

The White House has hammered out a compromise that supports Congress repealing the "don’t ask, don’t tell" policy that bars gays from serving openly in the military, while allowing the Pentagon to continue its review of how to best implement the changes.

The U.K. government's public health body has advised that teenagers and young women should be encouraged to stockpile the morning-after pill in case of emergencies.

Scientists are saying that there is more than a one-in-three chance of a killer earthquake striking the U.S. Pacific Northwest within the next 50 years.

Some U.S. lawmakers are furious that the U.S. Census bureau hired registered sex offenders to go door-to-door to take surveys.

An extraordinary spiraling blue light recently appeared in the skies above western Canada.  The spiraling light looked like the one seen in the Norway spiraling light incident which was firstly thought to be a UFO, but later dismissed as a Russian missile test which went wrong.

A crop circle thought to be inspired by a formula acclaimed as the most beautiful in all mathematics has appeared on a hillside in the U.K.

Lastly, seven young members of a satanic sect have gone on trial in Russia accused of four gruesome murders in which they "ritually sacrificed" their victims before cooking and eating parts of them.