The former vice president and former presidential candidate talks to 60 Minutes correspondent Lesley Stahl in an interview to be broadcast this Sunday, March 30, at 7 p.m. ET/PT. Gore's campaign to make the world more aware of man's role in global warming won him the Nobel Peace Prize last year. He donated the $750,000 prize money to The Alliance for Climate Protection, the non-profit organisation he started to help him on his quest.

He and his wife, Tipper, tell Stahl they not only matched the Nobel money with their own, but they are also donating to the organization the significant profits from his book and Oscar-winning documentary film about global warming, "An Inconvenient Truth." The funds will help The Alliance for Climate Protection execute a new $300 million ad campaign on global warming set to start next week.

Some of the ads will feature unlikely alliances to drive home the message that people of all stripes are concerned about global warming.

Inside the Fed and out, there is a realization that those moves amounted to crossing the Rubicon, setting the stage for deeper involvement in the little-regulated markets for capital that have come to dominate the financial world.

Leaders of the central bank had no master plan when they took those actions, no long-term strategy for taking on a more assertive role regulating Wall Street. They were focused on the immediate crisis in world financial markets. But they now recognize that a broader role may be the result of the unprecedented intervention and are being forced to consider whether it makes sense to expand the scope of their formal powers over the investment industry.

"THIS WILL REDEFINE THE FED'S ROLE," said Charles Geisst, a Manhattan College finance professor who wrote a history of Wall Street. "We have to realize that CENTRAL BANKING NOW TAKES INTO ITS ORBIT EVERYTHING IN THE FINANCIAL SYSTEM IN ONE WAY OR ANOTHER. WHETHER WE LIKE IT OR NOT, THEY'VE RECREATED THE FINANCIAL UNIVERSE."

If Congress and the administration do broaden the formal powers of the Fed, it would be the latest in a long history of financial policy made out of a crisis. The Great Depression fueled an array of stock exchange regulation. The 1987 stock market crash led to curbs on stock trades. The 2002 corporate scandals led to the Sarbanes-Oxley Act. And after the panic of 1907, a National Monetary Commission was formed to figure out how to prevent such things from happening again. Its crowning achievement: The creation of the Federal Reserve.

Update - from the New York Times - The Treasury Department will propose on Monday that CONGRESS GIVE THE FEDERAL RESERVE BROAD NEW AUTHORITY TO OVERSEE FINANCIAL MARKET STABILITY, in effect allowing it TO SEND SWAT TEAMS INTO ANY CORNER OF THE INDUSTRY OR ANY INSTITUTION THAT MIGHT POSE A RISK TO THE OVERALL SYSTEM.

The proposal is part of a sweeping blueprint to overhaul the nation's hodgepodge of financial regulatory agencies, which many experts say failed to recognize rampant excesses in mortgage lending until after they set off what is now the worst financial calamity in decades

The central bank said Friday it would make $50 billion available at each of two auctions on April 7 and April 21. Through the end of March, the Fed has provided $260 billion in short-term loans to commercial banks through an innovative auction process. It also has employed Depression-era provisions to provide money to investment banks.

All the moves are designed to cope with a financial crisis that has roiled U.S. and global markets and caused the near-collapse of Bear Stearns, the nation's fifth largest investment bank.

In the twentieth century, no man did more to shape the values of family culture for good or evil than Walt Disney. As a motivator, innovator, and filmmaker, his efforts impacted millions across the globe through his movies, theme parks, and television shows. Disney taught Americans how to think about a family vacation. His work helped to define the literary and cultural sensibilities of a generation of American children and introduced enduring and iconic expressions of childhood that remain with us to this day.

BUT DISNEY'S GREAT WEAKNESS WAS THIS: Even at his best, his morality was not linked to a defined transcendent standard; HIS WORLDVIEW WAS SYNCRETISTIC, BEING A MIXTURE OF CHRISTIAN MORALISM AND MYTHIC PAGANISM.

Despite his far-reaching influence, Christians have not thoroughly evaluated the worldview and accomplishments of Walt Disney from a biblical perspective. And UNTIL RECENT DECADES, THE DISNEY LOGO WAS SYNONYMOUS WITH FAMILY VALUES. The consequence of this myopic acceptance of Disney has lead many PARENTS TO BLINDLY EXPOSE THEIR CHILDREN TO A DIVERSITY OF PROBLEMATIC MESSAGES, from the sensuality and pantheism of Pocahontas to the immodesty and rebellion of The Little Mermaid.

In an interview with the BBC Today programme, French President Nicolas Sarkozy insisted that his Government had taken on board the message sent by the 'no-votes' on the EU Constitution in France: "PEOPLE WANTED A DIFFERENT EUROPE. And we have achieved that, thanks to THE SIMPLIFIED TREATY. This treaty respects differences. No one is asking Britain to change its real identity - keep your language, your culture, your interests - that's precisely what we want here in France. Let's face it: thanks to THE SIMPLIFIED TREATY we are going to have a common immigration policy - the very first thing we are going to do is tackle a European immigration pact."

Le Monde notes that as well as looking for British support for French plans for EU defence, Paris also wants to secure Britain's support ahead of the French EU Presidency for its plan for a European pact on immigration and asylum.

In an article in Le Figaro Denis MacShane calls on Europe, the US and other democracies in the world to "promote and defend" their common values, and says "THE UK MUST BECOME A KEY PLAYER, AND NO LONGER A FOLLOWER, IN THE FIELD OF EUROPEAN SECURITY AND DEFENCE POLICY."

On American website Townhall Herb London of the Hudson Institute picks up on Open Europe's recent publication 'The EU and You'. He notes, "This is indeed an odd historical moment. A democracy that people often take for granted is challenged by A 'SOFT' AUTHORITARIANISM THAT IS BARELY RECOGNISED BY THE PUBLIC AT LARGE. If there was a referendum or several such referenda that would be one thing, but, in fact, MOST OF THE ANTICIPATED REGULATIONS WILL OCCUR BELOW THE RADAR."

The new systems, talked about for years but held up for various reasons, will respond to a missile-launch by shooting flares meant to confuse heat-seeking missiles' guidance systems.The system is already in place on Air Force aircraft and will be added to flights through Asia and Africa first. The program was initially launched after terrorists tried to shoot down an El Al plane in Mombasa, Kenya in 2002. It stalled due to the government's insistence that the airlines shoulder the cost of developing the system for commercial aircraft, but has now been embraced by the government.

According to Maariv, the government decision is tied to the increased global terror threat posed by Hizbullah and other Iranian and Syrian-backed groups in the wake of the killing of arch-terrorist Imad Mughniyeh in Damascus. The paper reported that the flare system would be used for a few years before being replaced by a more advanced optical system.

The United States is considering installing the anti-missile systems on its commercial airliners as well.

Take the Soil Association proposals to make it harder for produce from Africa to be labelled as organic, in order to cut the amount of fruit and vegetables flown into the UK. The justification is that this will reduce "food miles" CO2 emissions and man-made global warming, and thus protect the developing world from the impact of climate change. The likely effect will be to put some of the most downtrodden farmers in the world out of work. So how do we save Africa from a possible future disaster? Apparently, by creating a real disaster in the here and now: making poor Africans even poorer. That sounds like madness - or plain badness - to me.

Air-freighted produce makes up 1 per cent of total UK organic sales - and those remain a tiny niche in the grocery market. Only a mind as sharp as an organic Kenyan banana could seriously believe that this is a big factor in Britannia's "carbon footprint". Indeed, the whole notion of "food miles" is hard to swallow. RESEARCH SUGGESTS THAT GROWING FOOD IN THE SUNSHINE OF AFRICA AND FLYING THEM TO EUROPE PRODUCES LESS CARBON - NOT TO MENTION MORE TASTE - THAN GROWING THEM UNDER GLASS AND ARTIFICIAL HEAT IN BRITAIN OR THE NETHERLANDS. Greenhouse effect, anybody?

George Orwell's Big Brother, it seems, stalks the aisles between the cornflakes and the canned dogfood. Detectives hired by Lidl - which has more than 7,000 stores worldwide, including 450 in Britain - have been monitoring romance at the cash till, visits to the lavatory and the money problems of shelf-stackers. Several hundred pages of surveillance records have been passed on to Stern magazine, causing outrage among the unions and data protection officials. Verdi, the powerful service sector union, is offering legal help to Lidl workers who want to sue the company for invasion of privacy.

No information is too trivial for the watchers. Here is Observation period 9-14 July, 2007 at a branch near Hanover: "Saturday 10.10am Ms J tells Ms L that she has never paid her television licence fees because she is still registered with her parents, even though she lives with her boyfriend. The detective's end-of-week advice to management is that Ms J is a security risk."

For Peter Schaar, the government ombudsman for data protection, the Lidl revelations are deeply disturbing. Federal data protection law, he says, is strict about surveillance in public spaces such as supermarkets. Hidden cameras like those used by the Stasi are banned. "They count as clandestine surveillance which is forbidden."

The report, commissioned by the Prime Minister in response to a growing moral panic about video games, will conclude that they can harm the development of children's beliefs and value systems and desensitise them to violence. It will also recommend that retailers who sell video games to anyone under the age rating on the box should face a hefty fine or up to five years in prison, The Times has learnt.

The report, written by Tanya Byron, the clinical psychologist and television parenting guru, is also expected to address the dangers of children's use of the internet. "Parents are afraid to let their children out," she said. "So they keep them at home, but allow them to take risks online." She will call for a massive campaign to educate parents, teachers and childcarers about how to ensure that children get maximum benefit from the digital world without being exposed to its dangers.

She also wants all games consoles to contain blocking mechanisms that would enable parents to prevent children playing unsuitable games on them.

The dramatic move means popular medicines will effectively be banned for any youngster under the age of two and parents of all children up to six will have to ask for them. It could signal a return to old-fashioned remedies such as honey and lemon drinks. Best-selling brands affected include Tixylix, Robitussin, Benylin and Calpol. The alert centres on 12 ingredients in the medicines, many of which have been used by drug firms for years.

At least five deaths of British children under two have been linked to cough and cold remedies and more than 100 serious cases of suspected adverse reactions have been reported. Today, six products directly targeted at children under two will be removed from open sale, although they may still be supplied by a pharmacist for use with older children. They include Boots Chesty Cough Syrup 1 Year Plus and Asda Children's Chesty Cough Syrup.

Another 59 products - authorised for use in children under two but not marketed at them - will also be taken off the shelf and sold only to parents whose children are older. The ingredients that will no longer be licensed for children under two are the antihistamines brompheniramine, chlorphenamine and diphenhydramine; cough suppressants dextrometorphan and pholcodine; expectorants guaifenesin and ipecacuanha and decongestants phenylephrine, pseudoephedrine, ephedrine, oxymetazoline and xylometazoline.

An Anglican vicar has rewritten the most famous biblical tales because he wants to make them more "accessible" to modern readers. The Rev Robert Harrison's book, Must Know Stories, contains retellings of ten Bible stories and is out tomorrow.

In the nativity story, Jesus is born in an overcrowded house instead of a stable, amid family conflict as Joseph's aunt deals with the fact that he and Mary are not even married. Last night Mr Harrison defended his decision to rewrite KEY CHRISTIAN TALES that have remained unchanged for centuries. He said he was doing it to encourage people to read stories that are so utterly part of our culture. "THEY SHOULD KNOW THEM - NOT AS A MATTER OF RELIGION BUT AS A MATTER OF CULTURAL EDUCATION," he said. "I wanted to write a book that tells the most important Bible stories in a way that relishes them rather than tries to make any particular religious point. "AFTER ALL, WHO KNOWS WHAT THE POINT IS?

But last night some notable Christians disagreed. Catholic MP Ann Widdecombe said: "It sounds to me as if it's gone much too far. It is one thing to give a biblical story a modern application and something quite different to distort all the facts." Dr Justin Thacker, head of theology at the Evangelical Alliance, said: "In trying to communicate the stories to a contemporary audience some of the essential features and message MAY HAVE BEEN LOST."

And the number of weddings held in 2006 was the smallest since 1895, when the population was little more than half its present level. The evidence that marriage is withering away at an increasing pace was met with a furious response from critics of Labour's benefits system, which disregards the status of husbands and wives and pays parents extra to stay single.

Shadow Home Secretary David Davis claimed the Government had "fuelled family breakdown" and researcher Patricia Morgan, who coined the phrase "marriage lite" to describe cohabitation, said Labour had succeeded in "eradicating" marriage. "This is what they have tried to achieve and they should be congratulating themselves," she added. "But it is a disaster for children, families and society."

The figures, from the Office for National Statistics, said that in 2006, fewer than ten in every 1,000 single adults in England and Wales were married. The raw numbers of weddings in the figures for 2006 also tell the dramatic story. There were 236,980 marriages, the fewest since 228,204 were recorded in 1895. In 1895, there were around 30 million people in England and Wales compared with more than 54 million now.

Researcher and author Mrs Morgan said: "This Government has removed the idea of marriage from research and public documents and from the tax and benefit system. It has taken the last remaining benefits, like inheritance tax relief when a spouse dies, and given them to other groups like homosexuals in civil partnerships."

In an extraordinary intervention, the Bank of England Governor said turmoil in the banking system had worsened in recent weeks and that lenders would have to be more strictly regulated to prevent excessive risk-taking. He said: "This financial crisis arose out of the heart of the financial systems, in the main financial centres." He said the global crisis had moved into a new phase.

Mr King said: "Across the world, confidence in financial markets is fragile. It is not that banks, at least in the UK, have made loans that are likely to result in unsustainable losses. The heart of the problem is not in the real economy. It is in the financial sector itself. There is a lot of hubris around in thinking that the expansion of financial services was a good in itself. It is not. It is a means to an end."

The governor told the MPs he will resist any calls for taxpayers to fork out more money to bail out irresponsible lenders. Mr King insisted that while the economy faced tough times ahead, it was not on the verge of a slump.
But he said world food prices were 50 per cent higher than a year ago and oil prices had risen by two-thirds. He told the MPs: "As a country, our standard of living is going to rise much less quickly than it would do if those price rises had not occurred."

The official idea is that MPs are elected, by us, to serve us, and represent us in Parliament. Virtually none of this is true. In almost all cases, MPs are selected, not elected. They are picked as candidates for safe (or at least winnable) seats, owned by one or other of the national tribal parties. The actual hiring is done long before any public election, by small cliques of party activists in one of the established political organisations.

Even these small cliques, which never amount to more than a large roomful of people, are manipulated by still smaller groups - and the safer the seat, the harder such groups are to penetrate or influence. This was not as silly as it sounds. Labour did not need - and the modern parties do not need - politically committed and interested people hanging around trying to change things.

This means that, the moment the newly-elected MP turns up at Westminster, he knows that he must please his party above all things. Because - especially nowadays - the parties are hugely centralised. Local organisations have little independence and cannot match the huge funds which the headquarters spend. Those who have decided to pursue the political career to the next stage - ministerial rank - are as a result even more vulnerable. Huge salaries and pensions, by the standards of most people, will only continue if they behave. And that doesn't just mean performing with reasonable competence and safety in their ministerial task. It means not rocking the boat on other matters.

It means staying within the 'centre' - the rather narrow band of acceptable political views which the elite allows to be expressed and pursued, and which have succeeded in nearly ruining a once-prosperous, free and ordered society in a matter of less than 50 years.

In an internal report, the City watchdog has made no attempt to cover up its dereliction of duty in the run-up to the Northern Rock crisis, admitting with stark candour that it performed to a standard that was "not acceptable".
Incredibly, the report reveals heads of department had no contact at all with Northern Rock in the two-and-a-half years before the crisis erupted. Meanwhile junior managers, who should have met the bank's officials at least once a month, made contact only eight times in 31 months - including twice by telephone and five times in a single day.

Most unbelievably of all, for a long while the bank's supervision - or complete lack of it - was left to the department responsible for insurance groups. It's as if nobody at the FSA even realised Northern was a bank - let alone that its board was lending so recklessly it risked bringing Britain's entire financial sector crashing down.

The FSA's woeful shortcomings should not distract us from the recklessly greedy financiers who bear the true guilt for the economic crisis now gripping the world. But as long as there are so many unscrupulous people in the City, it is vital for all our livelihoods that our regulators should be up to their jobs.