News

* Disclaimer: The linked items below or the websites at which they are located do not necessarily represent the views of LifeSiteNews.com.  They are presented only for your information.

  Sin – the root of America’s economic problems – Bailout contains an “outrageous” amount of pork and raises the federal debt limit to $11.3 trillion.
  https://www.onenewsnow.com/Politics/Default.aspx?id=275010

  Pope: financial crisis shows futility of money
  https://ap.google.com/article/ALeqM5hNV-TZsR2t6J_r62x1iWaWT-2iaAD93KUD7O2

  No Morality, No Markets – thousands of Main Street borrowers lied about their income, assets, and liabilities when applying for subprime loans.  Likewise, many lenders failed to do even the most rudimentary checks on borrowers’ credit history…the importance of sound moral habits for societies that aspired to be both commercial and civilized.
  https://www.acton.org/commentary/478_no_morality_no_markets.php

  Some suggest only moral repair can truly solve America’s debt crisis –  David Milroy argues that free markets require personal virtue to function effectively
  https://www.ncregister.com/daily/the_virtuous_marketplace/

  The failure of expertise to wisely guide society, and our concomitant over-reliance on “the experts” to tell us what to do—a condition I call “expertitis.” – if one looks deeply at almost every major problem we face today, we will find that “experts” are behind it.
  https://www.wesleyjsmith.com/blog/2008/10/trouble-with-experts.html

  Devout Money Manager Warns Of Future In Stark Terms And Offers A ‘Safe Haven’
  https://www.spiritdaily.com/bruno.htm

  The Car Wreck By R.R. Reno – last week we saw potential for real harm to real people caused by too much democracy
  https://www.firstthings.com/onthesquare/?p=1190

  Germany takes hot seat as Europe falls into the abyss – We face extreme danger. Unless there is immediate intervention on every front by all the major powers acting in concert, we risk a disintegration of global finance within days.
  https://www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/3141428/Germany-takes-hot-seat-as-Europe-falls-into-the-abyss.html

  NYC Mayor Says economic ‘Problems So Grave No One Country Can Solve Them Alone’
  https://wcbstv.com/national/bloomberg.gordon.brown.2.834431.html

  Media Hyped $140 Oil; What About $40 Oil, as One Analyst Predicts?
  https://newsbusters.org/blogs/jeff-poor/2008/10/07/media-hyped-140-oil-what-about-40-oil-one-analyst-predicts

  Reuters: Bright Side of Economic Downturn Is Planet Gets a ‘Breather’
  https://newsbusters.org/blogs/ken-shepherd/2008/10/07/reuters-bright-side-economic-downturn-planet-gets-breather

  U.S. government should bail out of bailouts
  https://www.worldnetdaily.com/index.php?fa=PAGE.view&pageId=75637

  165 economists rip bailout plan
  https://www.worldnetdaily.com/index.php?fa=PAGE.view&pageId=76231

  US ‘casino’ mentality blamed for planet’s meltdown
  https://ap.google.com/article/ALeqM5gOZTtahVNy4kICgeQueTNyWQybJAD93H9HL80

  Bailout marks Karl Marx’s comeback – Marx’s Proposal Number Five seems to be the leading motivation for those backing the Wall Street bailout
  https://network.nationalpost.com/np/blogs/fpcomment/archive/2008/09/29/bailout-marks-karl-marx-s-comeback.aspx

  Talk radio holds firm over “socialist” bailout
  https://www.reuters.com/article/topNews/idUSTRE48T5Y020080930?feedType=RSS&feedName=topNews&rpc=22&sp=true

  We are nowhere near a depression, so let’s stop talking ourselves into one – The nattering nabobs of negativism have it wrong
  https://www.marketwatch.com/news/story/dont-call-bailout/story.aspx?guid={0A2E0398-2E89-4F7F-B8C7-4150783B1B2E}

  In Defense of the House Republicans
  https://www.eppc.org/publications/pubID.3556/pub_detail.asp