THE MOST IMPORTANT NEWS

The most important news for Friday, July 23rd, 2010....

An Israeli oil prospecting and production firm has announced the discovery of a "commercially sized" oil field in central Israel.

Debka is reporting that Iran is furious over the Obama administration's decision to retain a large number of U.S. troops in Iraq, possibly as UN peacekeepers, after the pullout pledged by Barack Obama to start on September 1st.

Russia's state oil company Zarubezhneft is in deep negotiations with Iran regarding a potential joint exploration project in the Caspian Sea.

U.S. Secretary of State Hillary Clinton is warning North Korea that more sanctions are on the way if they do not end their nuclear program.

Tropical Storm Bonnie is moving over the southern Bahamas and there are reports that it now has sustained winds of 40 miles an hour as it heads toward the southern tip of Florida and the Gulf of Mexico.

National Incident Commander Thad Allen is telling the media that BP's damaged well will remain capped if ships evacuate the Gulf of Mexico due to a tropical storm that is moving toward the well site.

BP has ordered staff to stop manipulating photographs of its Gulf of Mexico oil spill response, as the controversy over its public relations campaign intensifies.

As the crisis in the Gulf continues to grow, many are now openly wondering if the massive amounts of methane that are being released is the biggest danger from this oil leak.

A confidential survey of people who worked on the Deepwater Horizon in the weeks before the oil rig exploded reveals that many of them were very concerned about safety practices but feared retaliation if they reported problems.

A federal judge has stopped companies from developing oil and gas wells on billions of dollars in leases off Alaska's northwest coast, saying the federal government failed to follow environmental law before it sold the drilling rights.

Hours after the U.S. House of Representatives voted to push back the deadline to file for extended unemployment benefits until the end of November, Barack Obama signed the measure into law.

New home construction in the U.S. declined last month to the lowest level since October.

Microsoft has announced that its net income rose 48% during the second quarter of this year.

Widespread chaos is being predicted in the bond markets after the world's three largest ratings agencies announced that their ratings could not be used in any marketing material.

It turns out that a "tsunami" of new taxes are scheduled to go into effect in 2011 unless the U.S. Congress takes action.

For now, Federal Reserve Chairman Ben Bernanke is "ruling out" further stimulus injections from the Federal Reserve.

A new report to the U.S. Congress indicates that the Obama administration’s program to help homeowners avoid foreclosure has fallen far short of its goals.

It turns out that the "financial reform" bill that Barack Obama recently signed into law may end the era of free checking accounts.

It is being reported that the governor of New Jersey is planning for a state takeover of the Atlantic City district that encompasses its casinos, beaches, marina, and Boardwalk.

According to one shocking new survey, six of out of 10 non-retirees in the U.S. believe that Social Security will not be able to pay them benefits when they stop working.

Gallup's 2010 Confidence in Institutions poll found Congress ranking dead last out of the 16 institutions rated this year.

U.S. Representative Charles Rangel, the New York Democrat who stepped down as chairman of the House Ways and Means Committee earlier this year, has been formally charged with violating congressional ethics rules.

Two more massage therapists are now accusing former Vice President Al Gore of sexual assault.

It has now come out that a large group of mainstream media journalists openly discussed by email ways to deflect attention away from the Rev. Jeremiah Wright scandal back in 2008.

Americans are becoming increasingly horrified as they learn the specific details contained in the "health care reform law" that was passed earlier this year.

The Obama administration is backing new legislation that includes regulations that would require U.S. businesses to provide to the government data about employee pay as it relates to the sex, race and national origin of employees.

Republican lawmakers are accusing the White House of "unconscionable" and "illegal" acts for its role in Kenya's referendum on a new constitution, which would legalize abortion in the country for the first time.

Leaked G20 documents reveal that carbon taxes are still very high on the agenda of the globalists.

Environmental activists are welcoming UN plans to amend the way changes to the Kyoto protocol are made as the UN stages an extensive effort to salvage negotiations on a new international deal on climate change.

The United Nations has created what may become a billion dollar agency for radical feminism.

The Tea Party just got an official voice in Washington, thanks to Michelle Bachmann who recently filed the necessary paperwork to create a Tea Party Caucus.

State sponsored population control programs in Uzbekistan are being made possible by funding from the UN, the U.S. and the World Bank.

The US, UK, China and Russia are among 15 nations that have agreed to work together under the globalist umbrella of the United Nations to determine "norms of accepted behavior in cyberspace".

The NSA has gotten so big that it now has 112 acres of parking spaces around it.

American Cancer Society researchers have found that women who spend over six hours a day sitting during leisure time are 40 percent more likely to die sooner than women who spend less than three hours sitting.

Is H1N1 making a big comeback in American pigs?

Researchers at the University of Tennessee, Knoxville say that they have discovered that water on the moon is much more widespread than previously believed.

Flooding in China looks to get even worse as the country is hit by a second typhoon.

A magnitude-6.2 earthquake shook the Pacific nation of Vanuatu on Thursday but there was no immediate tsunami warning.

Is human activity causing a steady, measurable decline in the oxygen content of the world's air?

An ancient wooden version of Stonehenge has been unearthed by a team of researchers in the UK.

Is the Vatican trying to prepare humanity for open contact with extraterrestrials?

Bowls of human fingers, a partly burned baby, and gem-studded teeth were among the artifacts found in a recently discovered Mayan king's tomb.

An environmental group is urging the Israeli government to close down a baptism site at the lower Jordan River until water quality standards for tourists and pilgrims bathing at the holy site are met.

Christians in Bhutan were disheartened this month when the government proposed the kind of "anti-conversion law" that other nations have used as a pretext for persecuting Christians.

A proposed ordinance in Memphis, Tennessee that would ban discrimination against gays is causing outrage among some local critics who say the ordinance would discriminate against people who oppose homosexuality because of their religious beliefs.

Pastor Ronnie Wallace faces an August 23rd court date after his arrest in Charlotte, North Carolina, for preaching the gospel in front of an abortion clinic.

A Texas bus driver has filed a lawsuit against his former employer, claiming he was fired for his religious beliefs after refusing to transport a client to a Planned Parenthood office.

An Augusta State University student filed suit on Wednesday after she was told to change her Christian beliefs or otherwise be expelled from the school's graduate counseling program.

Lastly, one of the world's largest and most controversial Pentecostal churches has been given permission to build a $200 million replica of Solomon's Temple in Sao Paulo, Brazil.

The most important news for Thursday, July 22nd, 2010....

U.S. Coast Guard Admiral Thad Allen says that five confirmed leaks in and around BP's damaged well in the Gulf of Mexico are more like "drips" and aren't yet reason to worry.

The U.S. government granted BP another day to continue tests on a cap plugging the massive Gulf of Mexico oil leak on Tuesday as forecasters warned that a line of Caribbean storms could head into the Gulf after the weekend.

It is being reported that a BP plan to hire large numbers of Gulf scientists could mean that there will be very few experts available to testify against them when oil spill cases go to trial.

One congressman is warning that the massive cleanup in the Gulf of Mexico may be doing more long-term damage than the oil spill itself.

One team of scientists has found very high methane readings near the oil disaster site.

Louisiana Governor Bobby Jindal says that 67 million gallons of oil remain in the waters of the Gulf of Mexico.

According to one new report, the oil spill in the Gulf of Mexico could end up destroying over 100,000 jobs.

BP defended its embattled chief executive on Wednesday and denied a report that he would soon leave the company.

China's largest reported oil spill emptied beaches along the Yellow Sea as its size doubled on Wednesday, while cleanup efforts included straw mats and frazzled workers with little more than rubber gloves.

Federal Reserve Chairman Ben Bernanke warned Congress on Wednesday that the economic outlook remains "unusually uncertain".

Barack Obama officially signed the Wall Street reform bill into law on Wednesday, promising that the measure will put an end to taxpayer-funded bailouts of failed banks.

Obama administration housing rescue programs have been extremely ineffective at preventing a rise in home foreclosures even as the government's support for the mortgage market grew by nearly $700 billion in the past year, U.S. bailout watchdogs said on Wednesday.

Approximately half of all American workers have less than $2000 saved for retirement.

Goldman Sachs is reporting that profits fell 82 percent in the second quarter as the UK bonus tax cost it $600 million and it paid $550 million to settle a major court case.

Starting January 1, 2012, Form 1099s will become a means of reporting to the Internal Revenue Service the purchases of all goods and services by small businesses and self-employed people that exceed $600 during a calendar year. Precious metals such as coins and bullion fall into this category and coin dealers have been among those most upset by the change.

Hundreds of residents of one of the poorest municipalities in Los Angeles County shouted in protest at a recent meeting as tensions rose over a report that the city’s manager earns an annual salary of almost $800,000.

An increasing number of U.S. towns are ripping up their asphalt roads and are replacing them with cheaper gravel.

One-third of U.S. counties are facing a high risk that future water demand will outstrip supplies, spelling potential disaster for central and southern states and the crops grown there, a new study says.

Russian farmers are being urged to harvest their crops at night due to the worst heat wave in a decade.

Palestinian President Mahmoud Abbas has told his Fatah movement he wants a more specific U.S. commitment on the borders of a future Palestinian state before agreeing to direct talks with Israel.

A Senate panel voted on Tuesday to send the Supreme Court nomination of Elena Kagan to the full Senate for confirmation.

The "Journolist" scandal has deepened with new revelations that participants in the now-defunct email list for ideologically approved journalists--no conservatives allowed--engaged in efforts to suppress news damaging to then-candidate Barack Obama.

Fox News is reporting on a "presidential assassination program" where "American citizens are targeted for killings far away from any battlefield, based exclusively on unchecked accusations by the executive branch that they're involved in terrorism."

Will people who are skeptical of climate change soon be facing criminal charges in the European Court of Justice?

Brussels plan to hold an EU summit with atheists and freemasons in the autumn, inviting them to a political dialogue parallel to the annual summit the bloc holds with Europe's religious leaders.

In the U.K., trash service is now used as an instrument for enforcing the green agenda.

The upper house of Russia's parliament has passed a bill giving vastly expanded powers to the country's main security agency, a move that critics say echoes the era of the Soviet KGB.

The unveiling of a larger-than-life bronze statue of North Korean leader Kim Jong-Il has provoked renewed speculation that "The Dear Leader" may be close to death.

The U.S. has intensified sanctions against North Korea in a move designed to punish Pyongyang for sinking a South Korean ship and pursuing nuclear weapons.

The United States has spent more than $1 trillion on wars since the September 11, 2001, terror attacks, a recently released Congressional report says.

U.S. Admiral Mike Mullen has once again reiterated his concerns about China's massive military buildup.

A classified State Department report to Congress says that potential Russian cheating on the new START nuclear-arms pact would not be significant because of the size of U.S. nuclear forces.

Hillary Clinton says that she believes Osama bin Laden is still hidden inside Pakistan.

Seven other Latin American countries want to join Mexico in supporting the Obama administration's lawsuit challenging Arizona's new immigration enforcement law.

One team of scientists says that it has discovered the most massive star ever found.

Genetically modified Russian dairy goats with a human genome in their DNA can produce milk containing human protein.  

Hundreds of penguins that apparently starved to death are washing up on the beaches of Brazil.

More than 1,000 people have died in severe flooding in China so far this year, and the heaviest rains are still to come, a senior official warned on Wednesday.

The behavior of gay activists at rallies by a touring pro-marriage event has ranged from "silly" to "crazy" and "disgraceful", one event leader reports.

Two brothers were shot dead outside a courtroom in the Pakistani's Punjab province where they faced blasphemy charges after allegedly distributing Christian pamphlets.

Lastly, burglars are increasingly using Twitter and Facebook to find out if potential victims have left their homes empty.

The most important news for Wednesday, July 21st, 2010....

WorldNetDaily is reporting that Palestinian Authority officials are saying that the Obama administration has been negotiating the borders of a future Palestinian state that would see Israel eventually withdraw from most of the West Bank and some areas of eastern Jerusalem with the exception of what are known as the three main settlement blocks – Gush Etzion, Maale Adumim and Ariel.

Prime Minister Benjamin Netanyahu's bureau on Tuesday firmly denied reports that the Israeli leader had presented Egyptian President Hosni Mubarak with a map delineating the borders of a future Palestinian state during their meeting in Cairo earlier this week.

A report in a Jordanian newspaper suggesting the Palestinians want to see an international force deployed along the borders of any future Palestinian state sent ripples around the diplomatic world over the weekend.

Debka is reporting that the U.S. and Israel are concerned that Iran may be capable of a nuclear test this year.

The Israeli Defense Ministry has reported that tests of the Iron Dome air defense system have been completed and that interceptor missiles will soon be deployed.

Observant and secular Israelis alike crowded places of worship Monday night to mark Tisha Be’av, the day of fasting and mournful contemplation commemorating the destruction of both Temples and Jerusalem, and the ensuing exile of Jews from the Holy Land.

Obama administration officials pushed back on Monday against a lengthy Washington Post report critical of the bloated and sometimes inefficient U.S. intelligence network.

Taiwan tested its readiness to repel a Chinese invasion with a computerized war game on Monday, less than three weeks after signing a historic trade agreement with the communist-run mainland.

The damaged BP well in the Gulf of Mexico can remain closed until at least Wednesday when a decision will likely be made about pouring mud into the top of the well to begin plugging it, a senior U.S. official said on Tuesday.

The federal government's oil spill chief said on Tuesday that seepage detected two miles from BP's oil cap is coming from another well.

British Prime Minister David Cameron said on Tuesday that he "completely understands "the anger that "exists ... across America" regarding the oil well operated by BP that exploded in the Gulf of Mexico three months ago.

A new report from the Center for Economic and Policy Research says that it could take an entire decade for the national unemployment rate to come down to pre-recession levels.

A number of big U.S. retailers are trying to get consumers to spend money by offering "Christmas in July" sales.

British Prime Minister David Cameron has announced that his vision for a "big society" bank will be funded through a £60m raid on the money lying dormant in English bank and building society accounts.

Goldman Sachs has angrily defended itself against a public campaign that claims the bank is exacerbating global food crises through its commodity trading operations.

New types of money are popping up across Mid-Michigan and supporters say, it's not counterfeit, but rather a competing currency.

The poorest 20 percent of the world population receive just 1.4 percent of total world income.

10,000 people make 30% of the income in the United States of America today.

Unless Congress acts now to stop a tax hike, the maximum tax rate on dividend income is set to skyrocket at the end of the year — leaping by 164% for some investors.

A recent Rasmussen Reports national telephone survey has found that just 23% of American voters nationwide believe the federal government today has the consent of the governed.

The state legislature of Massachusetts is poised to give final approval this week to a new law intended to bypass the Electoral College system and ensure that the winner of the presidential election is determined by the national popular vote.

A religion adviser to Barack Obama has close ties to the imam who wants to build a 13-story Islamic cultural center near Ground Zero.

The White House has been dragged into the controversy over a U.S. Agriculture Department employee fired for comments about a white farmer.

A management consultant on Monday stood by remarks over the weekend in which he compared black Tea Party activists to Jewish guards in Nazi concentration camps.

A Baltimore family is furious that their 12-year-old daughter was pulled out of an airport security line in Tampa and subjected to what they say was an embarrassing and unhealthy full body scan.

Back in December, one Canadian woman had already missed one flight and lost her luggage when she says she found herself in a room at the Vancouver airport, naked and squatting, while two crude border agents strip-searched her.

Across the United States right now, a growing number of Americans are being prosecuted simply for vidoetaping the police.

A Chicago cop who has served in Afghanistan and Iraq is warning that gang members who are serving in the U.S. military overseas are coming home with military training.

Of the approximately 200 villagers in the Indian town of Gaudiyan, around 135 of them have bone deformities. A private doctor who conducts social work in the area termed it as a case of skeletal fluorosis - the result of excess fluoride content in drinking water.

Some drugs firms in the U.K. are being accused of profiteering after it was discovered that they have been raising prices on some products by one thousand percent.

A recent study by Finland's National Institute for Health and Welfare, found that over a 30-year time period, individuals with higher concentrations of vitamin D had significantly lower chances of developing Parkinson's disease.

There is a new craze sweeping the Internet called "i-Dosing" in which teenagers used so-called "digital drugs" to change their brains in the same way as real-life narcotics.

Christians in Britain are being unfairly targeted by laws intended to prevent religious hate crimes, a new report from Civitas warns.

A school district in Mississippi has agreed to pay $35,000 to a lesbian teen who was originally told by school officials that she and her girlfriend would be ejected if they attended the school-sponsored prom.

Lastly, some of the world's wealthiest and most prominent leaders have begun arriving for the annual meetings at the Bohemian Grove.

The most important news for Tuesday, July 20th, 2010....

The Jerusalem Post is reporting that Israel has managed to convince the Obama administration to put the option of a military strike against Iran's nuclear facilities back on the table.

Iran says its homemade missiles are capable of targeting enemy positions across the Middle East regardless of their number or nature.

The CIA is investigating whether Shahram Amiri, the Iranian nuclear scientist who defected to the U.S. but last week flew back to Tehran, was a double agent.

Top Secret America - the two-year Washington Post investigation that has the U.S. intelligence community in a state of panic.

The Obama administration is warning that the Washington Post article could blow the cover of contract companies doing top-secret work for the government.

The United States is sending the aircraft carrier USS George Washington to South Korea this week in a display of "the strength of our alliance and our constant readiness to defend the Republic of Korea," the ship's commander said on Monday.

China will have 2,000 missiles aimed at its rival Taiwan by the end of the year, several hundred more than the current number.

Cuban revolutionary leader Fidel Castro took his warning of impending nuclear war to Cuba's Foreign Ministry on Friday, where he explained the reasons for his dire prediction in his fifth public appearance in 10 days.

Tests on the ruptured BP well in the Gulf of Mexico will go on for another 24 hours as federal and company officials try to explain "anomalous" pressure readings and possible leaks.

The federal government's oil spill response director says testing has revealed that there is a "detected seep a distance from the well" and has ordered BP to quickly notify the government if other leaks are found.

It is being reported that BP is claiming that any new leak discovered near the damaged well might be natural seep.

Louisiana Republican Senator David Vitter is accusing Barack Obama of trying to move the BP oil disaster off the front page.

More than 2,000 firefighters have finally extinguished a fire that raged for more than 15 hours after two oil pipeline exploded at a Chinese port.

According to an audit by the special inspector general for the Troubled Asset Relief Program, the Treasury Department's push to have General Motors and Chrysler quickly shrink their dealership networks failed to properly consider economic issues such as lost jobs and lost auto sales and was based on false assumptions of cost savings.

Faced with a $118 million budget deficit, the city of San Jose, California recently decided it could no longer afford its own janitors. So the city's budget called for dropping its custodial staff and hiring outside contractors to clean its city hall and airport, saving about $4 million.

Moody's has downgraded Irish government bonds, blaming banking liabilities, weak growth prospects and a substantial increase in the debt to GDP ratio.

European equity and credit markets are bracing for volatile trading after the International Monetary Fund and the European Union dramatically withdrew a multibillion financing deal for Hungary over the weekend.

The Securities and Exchange Commission will need to hire about 800 new people to carry out the Wall Street reform legislation, the head of the regulatory agency plans to tell lawmakers.

Are we approaching the end of a debt supercycle?

Shocked by past deals with Italy and Greece, European governments are now excluding Goldman Sachs from sovereign bond sales.

Prominent economists in China are calling for their government to sell off U.S. Treasuries in favor of tangible assets such as gold.

Is the world credit bubble getting ready to pop?

Now major newspapers around the globe are offering "deflation strategies" to investors.

U.S. regulators on Friday shut down three banks in Florida, two in South Carolina and one in Michigan, bringing to 96 the number of U.S. banks to succumb this year to the recession and mounting loan defaults.

China has passed the U.S. to become the world's biggest energy consumer, according to new data from the International Energy Agency.

When you break down the national debt of Japan, the government of Japan owes approximately $80,000 for each of the 126 million people living in that nation.

Will the waves of Baby Boomers now retiring end up overloading the Social Security system?

According to a new poll, six of 10 non-retirees believe that Social Security won't be able to pay them benefits when they stop working.

Halliburton's second-quarter net income climbed 83% on an uptick in its North American land-drilling business and overseas growth.

Vice President Joe Biden says that next summer's planned military U.S. troop drawdown in Afghanistan may not be so big after all.

Are the Democrats starting to panic as the reality of the midterm elections begins to set in?

A new Rasmussen Reports national telephone survey found that just 23% of voters nationwide believe the federal government today has the consent of the governed.

It turns out that Obamacare has imbued the IRS with massive new powers.

The American Spectator has a really good article on "America's ruling class".

The battle over the new Arizona immigration law is rapidly turning bitter.

To cries of "Kill them all!" gunmen opened fire at a weekend birthday party Sunday, mowing down at least 17 people in an attack that laid bare the brutality of Mexico's long-running drug war.

At a time when the prospects for immigration overhaul seem most dim, supporters have unleashed a secret weapon: a group of influential evangelical Christian leaders.

In the U.K., blind passengers are being ordered off buses or refused taxi rides because Muslim drivers or passengers object to their "unclean" guide dogs.

A senior U.S. law enforcement official has told CNN that U.S. intelligence believes the principal author of the new online al-Qaeda magazine is an American citizen who left for Yemen in October 2009.

Is radical Islam spreading faster than ever across the United States?

Rioters in the French city of Grenoble shot at police and torched cars over the weekend as the authorities struggled to restore order.

Dengue Fever is reaching epidemic stages across the Caribbean, with dozens of deaths reported and health authorities concerned it could get much worse as the rainy season advances.

A massive sinkhole caused an apartment building and a parking garage to collapse on Friday.

Ramps to a major highway in Kansas City are shut down because of a growing sinkhole in the pavement.

One horse recently fell 30 feet into a giant sinkhole that had recently opened up.

A strong 6.8-magnitude earthquake struck Papua New Guinea on Sunday, the U.S. Geological Survey said, around 30 minutes after a similar quake shook the same area.

A magnitude-5.3 earthquake struck off the coast of Northeast Taiwan’s Ilan County on Sunday.

A huge 10,000 foot volcano on the ocean floor has been erupting for days near Tonga.  Out of the water smoke, steam, and ash have been blasting hundreds of feet into the sky.
 
A nearly 2,000-year-old gold coin discovered by a West Virginia University student at an archaeological site in the upper Galilee has proven to be the find of the season.

Maryland will join Pennsylvania as the second state to use federal tax dollars to pay for abortions under the new health care law signed by Barack Obama in March, according to information released by Maryland’s State Health Insurance Plan.

Lastly, it is being reported that the Oakland City Council on Tuesday will look at licensing four production plants where marijuana would be grown, packaged and processed into items ranging from baked goods to body oil.