The most important news for Monday, March 1st, 2010....
Thanks to the crisis in Greece, plans for a European "economic government" are gaining steam.
Germany and France have come up with an "economic rescue plan" for Greece.
IMF chief Dominique Strauss-Kahn said on Friday that the International Monetary Fund wants new authority to supervise the global financial system.
It turns out that U.S. banks are lending out a lot less money to the American people and are buying up a lot more U.S. government debt instead.
In fact, in 2009 U.S. banks posted their sharpest decline in lending since 1942.
AIG reported a quarterly loss of $8.9 billion on Friday and warned that it may need additional U.S. government support.
Faced with massive declines in tax revenue, an increasing number of states and localities are considering eliminating tax exemptions for charities.
It is estimated that the total loss on the mortgages backed by Fannie Mae and Freddie Mac could reach as high as $448 billion.
In fact, Fannie Mae has just reported a staggering $72 billion net loss for 2009.
The death toll for the 8.8 magnitude earthquake in Chile has risen to over 700 and authorities in Chile are warning that a "giant effort" will be needed to help the victims.
In the past seven days, there have been approximately 250 significant earthquakes around the globe.
Haaretz recently ran this startling headline: "Is Iran 'inviting' Israel to strike its nuclear facility?"
Are the Republican and the Democrats headed for "a showdown" over health care?
Barack Obama has ordered the rewriting of the new U.S. Nuclear Posture Review, and this is creating bitter tensions with the National Security Council and the Department of Defense.
At least eight Christians have been killed in the past two weeks in the volatile Iraqi city of Mosul.
The facts that keep coming out about the Great Pyramid of Giza are absolutely amazing.
Has global warming become a "multi-billion dollar fraud"?
A 7-month-old baby survived alone for three days with a bullet wound in its chest beside the dead bodies of its parents and brother, who died in an apparent suicide pact brought on by the couple’s terror of global warming.
Microsoft founder Bill Gates told a recent conference that vaccines need to be used to reduce world population figures in order to solve the global crisis.
Apple has admitted that child labor was used at factories that build its computers, iPods and mobile phones.
A lot of very troubling information is coming out about the Shriners' secret sub-group - the "Royal Order of Jesters".
A previously secret memo has revealed that the U.K. Ministry of Defense plans to destroy all future UFO reports it receives so that it does not have to make them public.
A student group at one university in Texas called The Atheist Agenda is reviving its Bibles-for-porn program.
Lastly, CNN is reporting that one hospital in the U.S. recently charged 1,000 dollars for a toothbrush.
