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@provenrad
^Good advice there.
As mentioned, it will be easier to get the stem off with some handlebars attached to it (for twisting & pulling).
Your cranks ARE cottered, so you could follow the instructions here: http://www.sheldonbrown.com/cotters.html - its simple, just whack out the cotter pin with a mallet (OR hammer + piece of wood to prevent damage) and the crank should come straight off.. Good luck!
p.s. - Is your seatpost stuck aswell?! It will be easier to get out with a saddle attached. if you need suggestions then search the threads there was a big team effort (advice) to help some guy with his stuck post.. if it is stuck, but at a good height, it may be easier to leave it!