Old news is good news for Google these days. They are planning to expand their online news index to include stories published years ago, continuing the Internet search leader’s recent efforts to create new sales channels for long-established media while it strives to make its own Web site even more useful.

The catch? Gotta pay to play of course. You’ll see excerpts from the old stories, but must signup with the source’s website to see the entire article. The New York Times, The Wall Street Journal, Time magazine and The Washington Post are among the sources that Google will index. And they’re thrilled about getting their archives indexed and for the countless referels that will come their way.

The agreement represents “a perfect example of how we can work with content providers to realize their business goals,” said Jim Gerber, Google’s content partnerships director.

So what other “partnerships” can we expect to see from the unstoppable force that is Google? No one’s put up an archive of personal medical records yet. That’d be nice. How about “Google Moments”, a complete listing of your personal schedule culled secretly from your outlook or Google Calendar. Not looking forward to their release of “Google Most Embarrassing Moments Caught on Film: Personal Edition”.