StupidiNews, Weekend Edition!

• A major 8.8 magnitude earthquake struck off the coast of Chile, creating a tsunami that threatens Hawaii and the pacific.
• The U.S. military has reversed its three year ban on social networking sites as the U.S. government is increasingly using these services to provide information.
• A shootout in California left several dead, including the gunman and sheriff's deputies.
• Fannie Mae is looking for another $15.3 billion from the Treasury after an even larger $16.3 billion quarterly loss.
• Critics testified yesterday to Congress that the proposed Comcast-NBC merger would cost jobs, and could turn into another AOL-Time Warner level disaster.