Monday, September 15, 2008

Economic collapse?

AP is reporting today that "Stocks posted big losses in markets across much of the globe as investors absorbed bankruptcy plans at Lehman and Merrill Lynch's forced sale to Bank of America for $50 billion in stock. And perhaps most ominously, American International Group Inc. is asking the Federal Reserve for emergency funding. The world's largest insurance company plans to announce a major restructuring Monday". Perhaps the federal government will come to the aid of yet another failed institution. Apparently, we are still feeling the effects of the subprime crisis...Luke Russert, Tim's son, interviewed both Senators McCain and Obama. It appears the young BC grad is following in his Dad's footsteps...Tina Fey portrayed Governor Sarah Palin on the season opener SNL. The skit was hillarious...Senator John McCain went on The View last week and was torched...Sixty nine percent of Americans think that the media is biased and is trying to elect one candidate, Obama, over the other, McCain...Because of Hurrican Ike, refineries in the Guld shut down production. As a result, a gallon of regular gasoline spiked almost one dollar a barrel...Interestingly though, because of the volatile nature of the stock market today, oil is near $93 a barrel.

In an article by Mark Vanderhoek on Mercer University's homepage www.mercer.edu about evangelicals and their opinions about torture "...show that while evangelicals are more likely to hold a more extreme view than the general public, the results also show that when reminded of the teachings of Jesus, in particular the Golden Rule, their views can be changed. The new poll, released today at the National Summit on Torture at Mercer University’s Atlanta campus, was commissioned by Faith in Public Life and Mercer University and conducted by Public Religion Research base on polling from white evangelical Christians in the South."

"Among the findings of the poll: close to six-in-ten white evangelicals in the South say that torture can be often (20 percent) or sometimes (37 percent) justified in order to gain important information. This compares to roughly half (48 percent) of the general public who believe that torture can be justified, according to a recent Pew Research Center poll (February 2008)."

There are 50 days until the presidential election. And, it's been 2,758 days since there's been a terrorist attack on US soil. Good day and God bless!

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