Posted tagged ‘Crisis’

What Foreshadowed Our Economic Crisis

December 26, 2008

Roger Babson, famed statistician, said, “Every economic depression is foreshadowed by a religious decline.” 

Great is the need for an authoritative voice to point the way out of our moral and spiritual confusion in America–a voice totally dedicated to God and his imperishable Word.

Seminaries Tightening Belts Amid Crisis

December 2, 2008

When 85 new students enrolled this fall at Wartburg Theological Seminary in Dubuque, Iowa, the numbers were “beyond our wildest dreams,” said President Duane Larson. But the Lutheran school’s board, looking at a 35 percent drop in its endowment value and a similar decline in individuals gifts, also had to face up to stark financial realities.


President Bush Says He’s Sorry for Economic Crisis that Has Cut Jobs, 401(k)s (Video)

December 2, 2008

george-bush-529.jpgPresident George W. Bush expressed remorse that the global financial crisis has cost jobs and harmed retirement accounts and said he’ll back more government intervention if needed to ease the recession.


Churches Assess Impact of Financial Crisis

November 4, 2008

During what some call the start of a recession, mainline church officials are assuring pastors and retirees that their pension funds are secure. But the officials are concerned about how the economic woes will affect their operating budgets and ministries.