Former FED President: US faces most serious crisis after WW2. IMF Head: Europe must limit crisis effects

by?A.C. HotNews.ro

The current crisis on the financial markets can be considered the worst after the second World War, former FED head Alan Greenspan says in an editorial for Financial Times. Greenspan was the President of the US Federal Reserve (FED) from 1987 to 2006. In his article, Greenspan argues that the crisis will create a lot of victims among which the risk evaluation system.

In his opinion, the current risk and econometrics models are too simple to be able to take into account all variables governing the reality of the global economy.

At its turn, IMF head Dominique Strauss Kahn declared in Paris on Monday that Europe’s main priority is to limit the effects of the crisis. Strauss Kahn declared, quoted by AFP that Europe’s new mission is hard, considering that both inflation and recession are potential problems in European countries.

Be Careful Little Eyes By Terry L. Brown

“When the woman saw that the tree was good for food, and that it was a delight to the eyes, and that the tree was desirable to make one wise, she took from its fruit and ate; and she gave also to her husband with her, and he ate. Then the eyes of both of them were opened, and they knew that they were naked; and they sewed fig leaves together and made themselves loin coverings” (Genesis 3:6-7). From the very beginning our eyes have caused us to stumble and fall. In fact the Fall of mankind was accomplished by Satan using Eve’s eyes to look upon something that God had forbidden. This was not a casual glance, an inadvertent look, but an intense, thoughtful staring. Just glancing at something that happens to come into our field of vision will not harm us. No doubt Eve had seen the fruit of the Forbidden Tree many times before, but it was not until Satan directed her eyes to study the fruit that she succumbed to sin. Satan is using the same tactic today to destroy and enslave the human race. Continue reading “Be Careful Little Eyes By Terry L. Brown” →

French Court: Parents Can Register Names for Fetuses

By John Jalsevac

PARIS, France, February 8, 2008 (LifeSiteNews.com) – France’s supreme court has ruled that parents of miscarried or stillborn children can register a name for the child, no matter what stage of development the child was at at the time of miscarriage or birth, reports the AFP. Continue reading “French Court: Parents Can Register Names for Fetuses” →

The Light still shines in the European darkness

Romanian Family Code excludes gay marriages
de A.C. HotNews.ro
Marti, 5 februarie 2008, 16:39 English | Top News

Romanian Senators amended on Tuesday the Family Code applied at national level to clearly specify that the family is based entirely upon the marriage of a man and a woman and not upon the reunion of the partners, as stipulated before. The initiative pertains to a senator from the far-right Greater Romania Party (PRM) and was accepted by all members of the Judicial Commission in the Senate.

The amendment referred to the first article of the Family Code and leaves no room for interpretation. The text added refers that the union between a man and a woman respects the Biblical requirements.

The amendment will be approved in the Senate and then be sent to the Chamber of Deputies for approval.
Source: http://www.hotnews.ro

The Laws of Happiness

by John Urs

Everybody is looking for happiness. It doesn?t matter if you are poor or rich, illiterate or educated, if you live in USA or in the poorest country in Africa, you?re still looking for this?For most of the people happiness is like they?re chasing a ghost, they think they see it, but they can never say they have it. Continue reading “The Laws of Happiness” →

Where We Are

by Dale Krebbs

?For no temptation (no trial regarded as enticing to sin), [no matter how it comes or where it leads] has overtaken you and laid hold on you that is not common to man [that is, no temptation or trial has come to you that is beyond human resistance and that is not adjusted and adapted and belonging to human experience, and such as man can bear]. But God is faithful [to His Word and to His compassionate nature], and He [can be trusted] not to let you be tempted and tried and assayed beyond your ability and strength of resistance and power to endure, but with the temptation He will [always] also provide the way out (the means of escape to a landing place), that you may be capable and strong and powerful to bear up under it patiently.? (1 Corinthians 10:13 Amplified Bible) Continue reading “Where We Are” →