Posted tagged ‘Economic’

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.
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Churches Stand to Lose Several Billion Dollars in Economic Downturn

December 2, 2008

church-top.jpgTens of millions of Americans have already suffered substantial financial losses in the wake of the sub-prime mortgage crisis and subsequent financial challenges. A new survey from The Barna Group shows that more than 150 million adults said they have been affected by the economic turbulence, and most of them expect it to take several years before the nation fully recovers. 

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Red Flags Fly High on Obama’s Economic Team, by Earl Ofari Hutchinson

December 2, 2008

earl-ofari-hutchinson-2.jpgTop Obama economic advisor Lawrence Summer is the consummate Wall Street, and yes another Clinton insider. His resume reads like a mini telephone book on the list of posts he’s held in and out of every financial and government monetary agency imaginable.

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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.

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