StupidiNews!

• Defense Secretary William Gates has announced major weapons programs cuts, including the end of the F-22 Raptor.
• A Syrian man arrested in Turkey was reportedly plotting to kill President Obama.
• AIG got 100 cents on the dollar for its toxic assets in November, a deal made by then NY Fed chairman Tim Geithner.
• GM is preparing bankruptcy proceedings even as the automaker looks for another way out by cutting nearly 50,000 jobs.
• The UNC Tarheels are national champs yet again after beating Michigan State last night, 89-72.