Economic Woes...

Despite the best efforts of government agencies to paint a rosy economic outlook, it just is not happening. The housing meltdown continues even though billions of dollars have been pumped into financial markets to try and shore up the black hole of credit debt. It is not only the US that is feeling the bite of a wounded economy, Europe is also succumbing to a financial crisis of their own. Is a global financial crisis on the horizon?

Europe is experiencing a housing market in freefall of their own, as well as a bleak outlook for the business environment. As far as the europeans are concerned, Britain and the US are already considered to be in recession, with the rest of europe headed for an even deeper economic crisis than the one we are facing. Read the story
here.

Times must be getting desperate indeed when women are “donating” their eggs in record numbers. Actually the donation involves monetary reimbursement, so in effect they are selling potential human beings. Those who participate stand to make up to $7000 for their “donation”. Donations have been on the rise since April of this year. We have truly become a country with very little regard for human life, or for the gifts that God has given us. Read the story
here.

The Mars Phoenix Lander has confirmed the existence of ice on the Martian surface. After several frustrating attempts to convey soil into one of the analytical ovens on the lander, scientists were finally able to sucessfully deliver and analyze a sample of the icy soil. The TEGA (Thermal and Evolved Gas Analyzer) onboard the lander, confirmed the presence of ice in the soil. Read the story
here.

Until next time...