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18: “There are scores of fake fossils out there, and they have cast a dark shadow over the whole field. When you go to these fossil shows, it’s difficult to tell which ones are fakes and which ones are not.” - Lee Strobel
Read more...17: "Further, Darwinian explanations for such things are often too supple: Natural selection makes humans self-centered and aggressive— except when it makes them altruistic and peaceable. Or natural selection produces virile men who eagerly spread their seed—except when it prefers men who are faithful protectors and providers. When an explanation is so supple that it can explain any behavior, it is difficult to test it experimentally, much less use it as a catalyst for scientific discovery." -Philip Skell
Read more...This one might be my favorite so far. :-)
16: "I see no reason for believing that one accident should be able to give me a correct account of all the other accidents. It’s like expecting that the accidental shape taken by the splash when you upset a milk jug should give you a correct account of how the jug was made and why it was up." -C.S. Lewis
15: “If radiometric dating doesn’t work on rocks the ages of which we know, how can we trust it to work on rocks of unknown age?” -Dan Lietha
Read more..."The figure may have left many Americans wondering how this could be possible. But consider that 27% of U.S. homeowners with a mortgage are already "underwater." And according to Deutsche Bank, home prices may fall another 14% before hitting a bottom.
How many Americans are underwater?
Currently we estimate that 14 million homeowners have negative equity. However, based on our home price forecast, as prices continue to fall we think that number could reach 25 million, or 48% of all mortgagors.
Where does this leave us?
The obvious takeaway of falling home prices and being underwater is what it does for defaults. But there's a bigger implication, which is that when we look at the economy over the past decade or two, it's been very much a consumer economy.
What has been driving the consumer hasn't been gains in incomes. What has been driving them is easy credit and rising home values. And the fact that their home price was rising and they could borrow against that through home equity lines or loans or refinancing, it augurs for a very different economy going forward if people don't have that option….So by creating products that lowered the payment, or lowered the amount of down-payment, it enabled more people to buy a home. It also perpetuated the bubble.”
“At what point of being underwater do homeowners start falling into foreclosure rapidly?
Once you get to the point where negative equity is significant -- for example, 25% or more -- there have been studies that suggest you get more strategic defaults.
People say, "I bought my house for $500,000, it's worth $250,000, there are 10 available for sale in my neighborhood. It makes no economic sense to spend the rest of my life trying to pay off a $500,000 debt when there's no reasonable likelihood to expect this house to go back up to $500,000."
This might sound extreme, but we have borrowers who bought a $500,000 home in California at the peak of the market on $50,000 of income. So for them to devote their gross income for the next 10 years solely to paying off [their] mortgage doesn't make any sense.”
14: “Radiometric dating methods have given erroneous dates such as a date of millions of years for lava flows that occurred in the past few hundred years.” -Terry Mortenson
Read more...13: “Amounts of 14C and 12C in the atmosphere haven’t been constant throughout history (ex: Noah’s flood would have lowered the total amount of available carbon by burying lots of animals and plants). Therefore, something that lives (and died) when the proportion of 14C was less than normal would appear to have dies more years ago than it
actually did.” -Dan Lietha
12: “When all the problems in radiometric dating are taken into account, a scientist can interpret the result of the carbon dating within a biblical timeframe, but these results still cannot PROVE the age of once living things.” -Dan Lietha
Read more...Hey all! Just ran across this quote that I thought was worth sharing.
"Everyone is sinning, so it is no longer rebellious to sin." (Mark Driscoll)
God bless and veritas supra omnis!
11: Red blood cells have been found in the fossilized bone of a T-rex. Hemoglobin (a primary substance in red blood cells) is very fragile, and could not last for 65 million years. Therefore, dinosaurs must be younger than 65 million years. –Jonathan Park
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