News Updates, 3/25

Meditation on the Annunciation, March 25
Because She is the solution for our times. Our mission is to spread devotion to Our Lady of Fatima, and the Holy Rosary, and to oppose blasphemy in the public square.
[HT to Penny for the link]

“Uphold the law and prosecute Planned Parenthood”
Students’ undercover videos prompt probe by Arizona attorney general

Notre Dame sticking with Obama for commencement
University president defends decision to honor pro-abort

Bishop to boycott Notre Dame commencement
University to honor Obama with honorary law degree

Peru bishop slams those pushing for abortion
Calls on Peruvians to 'be on guard' to protect life

Angels & Demons: Film scripted in Catholic-bashing
Like Da Vinci Code, difficult to separate fact, fiction

Buddhist group buys two closed Catholic churches
In wake of Buffalo diocese's massive restructuring plan

Pope picks Spanish speaker as Oakland bishop
San Diego auxiliary takes over for Bishop Vigneron

Bishop boycotts over GOP chief's 'choice' remark
Gettlefinger takes bold stance against Right to Life

Catholic Church in Italy rejects Pope 'mockery'
Bishop complains of heavy criticism of Holy Father

UK students to be taught about 'rise of atheism'
Lessons will also focus on Druids and Rastafarianism
[Having not read the article, I'll bet the study of Christianity is a taboo...going to read it...Give me a gold star! It says, "The course will largely snub traditional lessons on the Bible and other holy books." These clowns are so easy to predict!]

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Other Issues
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E.U. President Blasts Obama's Economic Policies
The president of the European Union today ripped the Obama administration's economic policies, calling its massive deficit spending and bank bailouts "a road to hell."

*** The End Game Approaches ***
Do not for a second believe that the fact that the stock market rallied has defused the underlying problem. It has not.
The underlying problem is not the stock market. It is the credit (bond) market - that is, the underlying reality that there is too much debt out there in relationship to GDP, it cannot all be serviced, and as the economy contracts it feeds a vicious spiral where a default produces unemployment which drops both spendable income (and thus income available debt service) AND tax revenues, giving it to the credit market in all orifices....

Postal Service chief tells Congress that agency is in dire financial straits, pleads for help
Postmaster General John Potter said Wednesday the financially strapped U.S. Postal Service will run out of money this year without help from Congress.
[In a related story: Post office bought S.C. mansion so postmaster could transfer
Here's a thought, fire the Americans and hire the illegals?]

Obama and Liddy are Liars - Dirty Rotten Liars
The Thinking Man's Guide to Populist Rage - That's the headline on the cover of Newsweek this week featuring an angry mob.

Goldman Sachs to Return Tarp Funds by April
Goldman Sachs Group Inc., once the most profitable firm on Wall Street, is talking with U.S. regulators about repaying the $10 billion it received from the government by mid-April, a person familiar with the matter said.
[Let's be crystal clear here - GS will be paying back the government with government money that it received from AIG which was the money launderer for this taxpayer theft.]

U.S. bill seeks to rescue faltering newspapers
With many U.S. newspapers struggling to survive, a Democratic senator on Tuesday introduced a bill to help them by allowing newspaper companies to restructure as nonprofits with a variety of tax breaks.

The Bank of England and No.10 at war:
We can't afford Budget spending spree, Governor tells Brown

Frontline-Ten Trillion and Counting All of the federal government's efforts to stem the tide of the financial meltdown have added hundreds of billions of dollars to an already staggering national debt, a sum that is expected to double over the next 10 years to more than $23 trillion. In Ten Trillion and Counting, FRONTLINE traces the politics behind this mounting debt and investigates what some say is a looming crisis that makes the current financial situation pale in comparison.

FedEx warns lawmakers over union legislation
FedEx could cancel contracts for $6.7 billion in American-made planes if Congress makes it easier for unions to organize the delivery giant's workers